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Chief Customer Officer at Compare the Market: How to Build a Brand Everyone Remembers

39m 10s7,946 words1,096 segmentsEnglish

FULL TRANSCRIPT

0:00

I have this thing where I remind myself

0:01

that that moment when it gets really

0:03

hard that's where everyone else is

0:04

finding hard and most of the people are

0:05

giving up to okay that's where I

0:08

continue right

0:09

>> that's where you continue right you keep

0:11

going

0:12

>> hi I'm Tom Wallace I'm chief customer

0:15

officer at compare the market which has

0:17

800 employees across the UK and France

0:19

and this is my duvet flip

0:21

>> you left without a job

0:24

>> what happened

0:25

>> I've done loads of great things and I've

0:27

done like I said mergers I've done

0:28

coding I've done you know Great. Turns

0:30

out people didn't want someone who was

0:31

skilled in a few things. They wanted a

0:33

specific skill. You know, the thing I

0:34

love about marketing is that everything

0:36

is interesting. Every day is

0:38

interesting. And especially when you are

0:41

overseeing it.

0:41

>> Obviously, we see we see him over there

0:43

in the corner there. You got such an

0:45

iconic

0:46

>> brand. It's such an iconic brand, isn't

0:48

it?

0:48

>> Yeah. It's it's it's it's absolutely

0:50

incredible. And you know, even words

0:52

like simples are in the dictionary. It's

0:55

it you know, it's it's part of culture.

0:57

Uh everybody knows the Mircats. They are

1:00

uh just a wonderful representation of

1:02

fun in a category that can be a little

1:04

bit boring.

1:05

>> Are you ready for my final question?

1:07

>> Yes. Go for it.

1:08

>> What's your duvet flip? What gets you

1:09

out of bed in the morning to flip the

1:10

duvet?

1:12

>> It may be a cliche, but I love it.

1:17

>> Hi, I'm Tom Wallace. I'm chief customer

1:19

officer at Compare the Market. Uh I'm

1:22

looking forward to speaking to Jack. I

1:24

wanted to come on my duvet flip because

1:26

I've had some interesting twists and

1:28

turns in my career. I've never met Jack

1:29

before. I'm expecting to go pretty deep.

1:33

If there's one thing I hope that people

1:34

take away from the episode, it's that

1:36

you can go up, down, sideways, but

1:39

ultimately you'll get somewhere where

1:41

you can be really happy.

1:46

>> Hi Jack, I'm ready. Let's get started.

1:50

>> Tom, welcome to my duvet flip. How are

1:52

we?

1:52

>> I'm very well, thank you. very well.

1:54

>> It's going to be a roller coaster.

1:55

>> Hopefully. Yeah,

1:56

>> hopefully. I always start here no matter

1:59

who the guests, what the background,

2:01

from the prime minister to the chief

2:03

customer officer, first job, what was

2:06

it? And if you could go back to your

2:09

younger self now, knowing all everything

2:12

you know now, what would you be advising

2:14

them?

2:15

>> Interesting. My my first job uh out of

2:17

university was temping for the legal

2:21

services commission. So my job was to

2:24

read every single daily newspaper every

2:26

day, look for articles about the law and

2:29

cut them out with a pair of scissors and

2:30

stick them into a book. And I did that

2:32

for a year and it was great. I got very

2:34

well informed of all the different views

2:36

of the 11 different papers that were out

2:38

at the time.

2:39

>> And what what tips or advice would you

2:41

give to anyone kind of starting out

2:45

doing a job? May maybe it won't be

2:48

cutting out the newspaper anymore, but

2:50

what advice would you be giving people

2:52

in their first jobs?

2:53

>> I think take something from it. I think

2:55

most first jobs, you know, by definition

2:57

of the the bottom of the ladder, but you

2:59

can really take something from it. So,

3:01

learning from the people around you,

3:03

learning the sort of behaviors and

3:05

customs of the workplace if that's the

3:07

kind of place you're in. um trying to

3:10

learn and observe how people interact,

3:13

what the um sort of between the lines,

3:17

you know, thinking is of of the various

3:19

people around you and uh you just get

3:23

into that rhythm of applying yourself. I

3:24

think you can really do that in any type

3:26

of job

3:26

>> and and that in between the lines, what

3:29

skills do you need to be able to read

3:31

the room, understand what common sense

3:33

and knowing how the kind of the room's

3:36

working? because I think it's a it's a

3:37

skill, isn't it? And we we're not get a

3:39

lot of young people and I say it to

3:40

young people, if you got less than five

3:41

years experience, get as much time as

3:43

you can in the office.

3:44

>> Yeah. Yeah. Yeah. Yeah. Yeah. And I

3:45

would see things um you know, you would

3:48

see groups of people going into rooms

3:51

and meetings and by the types of people

3:53

that are in there, you know, different

3:55

departments or teams and so on and by

3:58

the level of animation of the people,

4:00

you got a sense of what was going on,

4:02

whether that was important, whether

4:03

there was a turning point coming. Um, I

4:05

think that's really important. Seeing

4:06

what is agitating people because then

4:08

you know that's where the business is,

4:10

if you see what I mean. If people are

4:11

sort of laidback and relaxed, you know

4:12

that that's not an important topic. And

4:14

just listening to little conversations

4:16

that people have when they come out.

4:17

Yeah. Getting a sort of radar. And I

4:19

think even uh you know outside of

4:21

meetings when you are in an open plan

4:23

office let's say just hearing and

4:26

overhearing the little side desk

4:27

conversation seeing who is stressed who

4:30

is uh excited who is uh you know deep in

4:34

thought on something gives you a sense

4:36

of what you know what's going on and and

4:38

and where you know your you know empathy

4:41

and and attention could also be.

4:44

>> We had your chairman Debbie U and she

4:46

said the exactly same thing. Yeah. uh

4:49

focus have a look at what the kind of

4:50

the the makeup of the room is to see

4:52

what how people are and how you can

4:54

potentially help them as well.

4:56

>> Yeah. So what happened? So you you spent

4:57

a year cutting out papers and that gave

5:00

you so much lessons and learnings. What

5:02

happened next?

5:03

>> So I did that um you know uh straight

5:06

after university to save up for round

5:08

the world trip and I saved all the money

5:10

and and

5:12

blew it all on a round the world trip uh

5:14

which was which was fantastic. you know,

5:16

I got to see all different countries and

5:17

and have a have some great fun. But then

5:20

my first, I suppose, real job um was uh

5:23

as a consultant for Accenture, um an IT

5:26

consultant. My background was I did an

5:27

engineering degree and computer

5:29

architecture and all that sort of stuff.

5:31

And uh at the time there were, you know,

5:34

lots of companies like Accenture looking

5:36

for grads like me. I thought, okay, I'll

5:38

go for that. Um and it was it was

5:41

fascinating. It was uh challenging. It

5:44

was quite technical at the time, so I

5:46

got to use a bit of that side of uh the

5:48

things that I'd learned. Um, but one of

5:51

the things that I got from that was that

5:53

they trained and drilled you in

5:57

management, time management, meeting

5:59

structure,

6:01

you know, that sort of discipline. Um,

6:04

so I'm always the one in a meeting who's

6:05

got an eye on the clock and I finish it

6:07

on time and so on. I've always got the

6:09

actions written up and so on. Um, and

6:11

also, you know, I I guess it's you're

6:14

quite fortunate because in a in a

6:15

business like that, as a consultant,

6:17

you're going into other businesses and

6:19

working with people a lot more senior

6:20

than you. And I, you know, some of my um

6:24

you fondest memories are of uh driving

6:27

up to uh an office in in Peter,

6:30

actually, next door to where I now work.

6:32

Um, and it was a call center and it was

6:35

a call center for uh, Virgin Media and

6:38

the head of the call center uh, was a

6:40

very busy man and when I arrived 25

6:43

years old, I'm making time for Tom, you

6:45

know, Tom, come on, don't worry about

6:47

the diary. Come in. And that made me

6:49

feel really special. It gave me a lot of

6:50

confidence um that you know people will

6:55

value what you can do and and will give

6:57

you their time and and uh and again I

7:00

got to observe the way that he behaved

7:01

as well around the contact center. So

7:03

it's really really interesting.

7:04

>> That is fascinating isn't it? And do you

7:06

think having those kind of principles

7:10

kind of taught from Accenture like time

7:13

management uh follow-ups? I'm I'm a big

7:15

I'm a big believer the power of today is

7:17

in the followup. Yeah.

7:18

>> Do you think those things have really

7:20

helped drive your career forward?

7:23

>> I think I think they they're a

7:25

foundation, but I don't think they're

7:26

the things that necessarily sort of joke

7:28

before. I think um you know, you can

7:30

amass a range of different skills uh

7:33

early on in your career. And each one

7:34

you get one or two% of of benefit from

7:36

it and they all add up. Um I think you

7:40

know what I what I took most from it was

7:44

a range of different experiences. I

7:45

worked on different clients. I worked uh

7:48

you know deep down coding myself you

7:52

know literally I worked uh in India you

7:55

know running a team of developers and

7:57

then the next month I'm working on a

8:00

merger and for the first time in my life

8:02

trying to run a spreadsheet with stuff

8:03

on um uh and I learned a lot from seeing

8:08

different different businesses and

8:09

different ways of operating um and that

8:13

was a fiveyear period really uh which I

8:16

concluded uded by thinking

8:20

will anyone remember me, you know, will

8:22

will I be remembered in this world as a

8:24

consultant? And I think the answer for

8:26

me at least was was no. And so I just

8:29

dropped it. I just quit um without

8:31

another job. Uh uh

8:33

>> and where did that come from? Like that

8:35

realization and asking yourself that

8:37

question like did was that because of

8:40

your traveling? Was that because of

8:42

something that happened? Like what made

8:44

you realize that actually will I anyone

8:46

remember me?

8:47

>> Interesting. My father died when I was

8:49

26 and that was towards the back end of

8:52

my time at Accenture. So I think that

8:53

that probably had something to do with

8:54

it. You know you realize when a parent

8:56

dies that uh you know life is finite and

9:01

you know you want to leave a legacy

9:03

behind. You think oh what about when I

9:05

die what will people think? So I think

9:06

that was that was probably it and that's

9:08

the first time I've actually put those

9:09

two things together actually.

9:10

>> Wow. Yeah. Oh thank you for sharing.

9:12

Yeah. So

9:14

you left

9:16

without a job.

9:17

>> Yeah.

9:19

>> What happened? Like

9:21

>> what did you do?

9:22

>> Yeah. So it was it was a rash decision I

9:26

would say. Uh it was 2008 and you know

9:30

that was the time of the credit crunch,

9:32

the credit crisis. I didn't know that.

9:34

You know that was my had my head down

9:36

working at Accenture. So I came out into

9:37

the market without a job thinking, you

9:40

know, I've I've done loads of great

9:41

things at Accenture. I mean, I've done,

9:43

like I said, mergers, I've done coding,

9:44

I've done, you know, great. Turns out

9:46

people didn't want someone who was, you

9:48

know, skilled in a few things. They

9:49

wanted a specific like skill, you know,

9:52

are you this or you that so I didn't

9:54

actually find it that easy. I thought,

9:55

okay, I easily get another job. But, um,

9:58

three weeks passed and I was like, ah,

10:00

this is a bit more tricky than I

10:01

thought, you know, sending out

10:03

applications, writing CVs at the time,

10:05

you know, to post, you know, to online

10:08

forms and they, you know, go nowhere,

10:10

never hear anything back. So I started

10:11

to get a bit worried and um as always

10:15

the best way to find a job I think is

10:16

through contact and somebody had

10:18

previously left Accenture that I'd

10:20

worked with had gone to work at Sky in a

10:23

project management team and I said to

10:25

him look really struggling to find

10:28

something you know any tips anything you

10:30

know he said oh okay we've got a project

10:31

management job here at Sky I think you'd

10:33

be great so I went down there had a

10:35

peruncter interview where they said oh

10:37

Jamie says you're fine you know you're

10:39

in and then that was it. So then I got

10:41

this job uh at Sky.

10:43

>> And had you done project management

10:45

before or was it more of a

10:47

>> not really it? Not really. No. No. I

10:49

mean you you get a little bit of

10:51

accenture. Um but not really. No, it was

10:53

all just give it a go I suppose and

10:57

processes.

10:58

>> That was your first experience from a

11:00

kind of client side they call it.

11:02

>> That's right. Yeah. Yeah. Yeah. And I

11:04

think you know a lot of people a lot of

11:05

ex consultants will say you know you

11:07

make your decision you want to go client

11:09

side because you want to see see

11:11

something through you want to see it

11:12

continue you want to be there after it's

11:15

gone live you know as a consultant you

11:17

finish the job on Friday afternoon you

11:19

never see him again from Monday onwards

11:21

so I wanted to see something through so

11:23

being in a business like sky uh you know

11:26

at the heart of the action was really

11:28

really interesting is what I wanted I

11:30

wanted to be somewhere where I could

11:32

make a continuing contribution and feel

11:34

the value of what I was doing.

11:36

>> And how long did you stay there and what

11:37

did that teach you that that the

11:40

consultancy did?

11:41

>> Yeah. Yeah. Know I I stayed at Sky for a

11:43

total of eight years and it was a it was

11:45

a you know a massive turning point for

11:46

me in my career. So the first two years

11:50

I was doing project management and

11:52

business analysis which is sort of

11:54

taking requirements and running kind of

11:56

workshops and so on and they were for

11:58

marketing projects and in the sky

12:01

offices at the time it's a campus over

12:04

in West London there was this building

12:07

that I was in little bit more rundown um

12:10

all the project managers were there and

12:12

we got moved you know after a year into

12:14

an even worse part of the building like

12:15

upstairs we were just looking around

12:16

what is this why are we being put up

12:18

here in this room, you know, no air

12:20

conditioning and it's at the back.

12:21

There's not even any windows. I mean, it

12:23

was really terrible. And you sort of

12:24

look out, you peer out through the tiny

12:26

window you can see into the other

12:27

building and that's where all the

12:29

marketing is. And that Sky is a big

12:31

marketing organization. That's where all

12:32

the magic is. That's where everyone's,

12:34

you know, you imagine they're all sort

12:35

of sitting back laughing.

12:36

>> That's where you want to be. It's like,

12:38

you know, Mad Men or something. And I

12:40

thought that's where all the action is

12:41

and I'm here and it's it's not so great.

12:44

And I want to be over there. I want to

12:45

be part of that. But um everybody or

12:48

most people it seemed that were in a

12:50

marketing team had either a marketing

12:51

degree or they come through the grad

12:53

scheme and they were all they all

12:54

appeared to be experts to me. And I had

12:57

no marketing knowledge whatsoever. So I

13:00

embarked on a strategy that I would not

13:02

recommend which was to sit there and

13:04

hope that someone noticed me one day.

13:08

And I look back and think well I could

13:09

have just said what I wanted to do and

13:10

maybe it would have happened faster. So

13:12

I basically spent two years trying to be

13:14

good at projects in the marketing team,

13:17

you know, in trying to impress people.

13:19

And in one day after two years, um, uh,

13:23

a man called Paul, uh, said, "Tom,

13:27

I'm I've got a new role coming up. We

13:29

should go for a coffee." And I thought,

13:31

"Finally, I've been noticed."

13:34

I went for a coffee with Paul and he

13:36

said, "We've got this I've created this

13:38

new role in my team. uh and I think

13:40

you'd be quite good at it. It's looking

13:42

at all the different marketing activity

13:44

that we do at Sky and trying to

13:47

understand what works. So you sit in the

13:48

middle of it all. You don't need to know

13:49

marketing. You just need to know how to

13:50

sort of add up and so on and and look at

13:52

data. And I was quite good at that.

13:54

>> So I did that. So I went into that and

13:56

>> and was this in the new building?

13:57

>> It was in the new building. It was in a

13:59

new building sitting amongst all the all

14:01

the all the all the cool people, let's

14:03

say. And um

14:05

>> and is it what you thought when you got

14:06

into the new building

14:08

>> that it was as was I think it was. Yeah.

14:11

Yeah. Yeah. It was I mean it was really

14:13

buzzy time for Sky. That was about 2010

14:15

or so. They had a big kind of goal of of

14:18

growth and and they were hitting it. So

14:21

there was lots of energy um lots of

14:23

stuff around you know surrounded by

14:25

campaigns

14:27

uh you know artwork on the tables. you

14:29

know, it was what I imagined it to be.

14:31

And I had no, as I say, I had no market

14:34

experience, but what I what I did have

14:36

in this role was uh a great vantage

14:40

point to see what went on in each area.

14:42

So, I would go out to the online team

14:43

and talk to them. So, you know, what's

14:45

what's going in your area, what how does

14:47

that work? Go to the call center direct

14:49

direct um uh uh team and find out what's

14:53

going on there. Then there was sort of

14:54

face toface sales in the in the shopping

14:56

centers and so on. Learn more about

14:58

that. And so I got to see how it all

15:00

worked. And the other thing that I was

15:01

responsible for was promotions, sales

15:04

promotions, you know, free skybox, 30

15:06

pound voucher and so on. And I and I and

15:08

I was I got to run hundreds of those and

15:11

get a sense of what worked. And so over

15:14

the sort of year and a half, two years

15:16

that I did that role, I got to see and

15:18

feel and learn how everything worked.

15:20

And and you know looking back it was

15:23

quite that was quite a good introduction

15:25

to it all because I got you know bird's

15:28

eye view of it all didn't you

15:29

>> all of it absolutely

15:30

>> um and then there was a moment where I

15:32

sort of felt stuck because I was doing

15:34

that and every quarter we ran in

15:36

quarterly cycles it was the same again

15:38

you know try and hit this number of

15:39

sales see and so on and I got quite good

15:42

at that but then I felt like how am I

15:43

going to get out this you know I don't

15:45

actually know how to do any of the

15:46

marketing itself I know how to read it

15:48

but I don't know how to do it And some

15:51

people ended up doing that for 10, 15

15:53

years, just that same role. I was like,

15:55

I don't want to do that. That's not

15:56

going to be interesting for me. Now TV,

16:00

you've heard of Now TV, the brand um

16:02

that started within Sky at that time.

16:04

And it was like a startup within Sky, a

16:06

new business in its own uh building

16:09

somewhere else.

16:10

>> So another building, another building.

16:11

>> Was this building shinier than that one?

16:12

>> It was it was a scrappy building, a

16:14

scrappy startup building. But that was

16:15

good because we're all sort of hled

16:16

around little desks. And um there was uh

16:21

a guy that I I sort of worked with in

16:24

that sort of um role that I was in at

16:26

the time had gone over there to sort of

16:28

be part of the the the start of it. And

16:31

um there was a role created which was a

16:33

bit of trading which is what I was doing

16:35

and then partnership marketing and

16:37

affiliate marketing. I didn't know

16:38

either anything about either of those

16:39

things but I thought hey I'll throw my

16:42

hat in the ring. I'll go for it. I went

16:43

and did an interview uh with this guy,

16:46

Pascal, his name was and uh he

16:49

interviewed me and eight to 10 weeks

16:52

passed. I didn't hear anything. Then I

16:54

was on holiday and I got a phone call

16:56

from Pascal saying, "Right, Tom, uh I

16:59

can't find anyone better, so it's going

17:01

to have to be you."

17:02

>> Thanks for confidence. Vote of

17:04

confidence. So I went over there and uh

17:08

didn't really, you know, immediately

17:10

like it was it was it was started off

17:12

really badly. the business and they were

17:14

struggling and immediately thrown into

17:15

sort of a turnaround situation and uh I

17:18

did the bit I knew how to do the the the

17:21

trading which is planning how we would

17:22

grow sales and then partnerships and

17:25

affiliates. So partnerships was we were

17:26

trying to do deals with you know

17:28

Microsoft and Samsung TVs and LGTVs and

17:31

and and so on and my job was to go out

17:34

and broker deals with people and I'm not

17:36

a dealmaker. I've never done this at the

17:38

time. I was quite introverted and uh I

17:42

sort of started to do that a bit. didn't

17:44

quite get traction and Pascal um a good

17:47

friend of mine now uh pulled me into

17:50

room said Tom don't think you don't cut

17:52

out for this right really stern you know

17:55

you haven't got it and I was like but

17:57

for for me that's actually quite

17:59

motivating because I was like no

18:01

actually I think I no

18:03

>> hold on a minute let me try

18:05

>> no so I quite I can't respond to that

18:06

kind of feedback which was good because

18:08

then I went out there and I did it again

18:10

and it started to work the deal started

18:11

to come in

18:12

>> and then the affiliate channel um was

18:16

ended up being the biggest channel that

18:18

they had and I somehow hands-on was

18:22

running it and I had someone you know an

18:23

external sort of support come in to

18:25

explain how it all worked and it grew

18:27

and there was a moment which I remember

18:29

when in the office we had all these

18:32

screens which had like hourly sales on

18:34

them uh and they were always like really

18:36

poor low charts and um and and I did

18:41

this deal and and it went live at 2:00

18:43

in the afternoon. It was with it was

18:44

Microsoft. It was on the Xbox Game Pass.

18:47

Get, you know, some points when you sign

18:49

up to LTV. And it went live and then

18:53

those charts which had been flat and

18:55

morale was fairly low in the building

18:56

for the last month or so suddenly

18:58

visibly started to kind of go upwards

19:02

and it was like a movie. It was like

19:03

everyone was like,

19:04

>> "What's that?

19:05

>> What's going on?

19:06

>> What's going on?" And then suddenly

19:07

there was this surge of of energy and

19:12

belief in the building that this

19:14

business could actually work. And so for

19:16

me that was a really important moment

19:18

because I thought that was me that did

19:19

that. And it it literally was because at

19:22

the time uh we had to put this live on

19:25

the website and because we were so hacky

19:27

and startupy I went in and I changed the

19:30

HTML to put this live and I was not even

19:33

in a test area but in the live on public

19:35

website

19:37

>> click like that live. So that was a

19:40

great feeling and um so with that

19:42

momentum uh uh you know it kept working.

19:47

I okay I can do this um you know I have

19:50

I have I am I am able to work this stuff

19:52

out. It was all sort of coming together

19:54

and they said okay Tom we need to launch

19:56

into retail. We've got this now TV box.

19:58

We need to put it into curries and Argos

20:00

and and and John Lewis. Can you do that?

20:02

I said I've never done that before. And

20:04

then again and this is really this is

20:06

actually an important point. I got

20:07

someone to help me. I didn't try and

20:09

work it out. I just we hired somebody, a

20:11

consultant um who who who knew who knew

20:15

how it worked, who knew how to deal with

20:16

retailers and he came in his b right Tom

20:18

this is how we're going to do it. Lovely

20:20

guy really supportive and together we

20:22

did that and it worked again. I wow I

20:25

was really tired at this point really

20:27

busy and he said why don't you do

20:29

digital marketing as well? So yeah I'll

20:31

give that a go. And so for a period of

20:33

four years at now TV, I barely took a

20:35

breath

20:36

>> um and just got thrown into it and

20:40

learned it and realized that I was being

20:42

energized by it and that made me want to

20:45

study it more. So I was, you know, on

20:47

the train on the way to work, I was

20:48

reading blogs about

20:50

>> So you become obsess obsessive.

20:51

>> 100%. Yeah. Yeah. And and it's that the

20:56

feeling of um just the fire, right, that

20:59

you get when when when you're in a flow

21:01

state. You know, there was a time when I

21:03

remember I stayed up all night till 4:00

21:07

in the morning cuz I thought I' I I've

21:08

got the answer to this problem that we

21:10

were trying to solve around where our

21:12

next kind of growth was going to come

21:13

from. And I stayed up all night till

21:15

4:00 in the morning. I went to bed. I

21:17

woke up at 8. So I didn't fall asleep.

21:19

And this was a Saturday. And then I did

21:21

it all again. I worked all the way

21:22

through till four o'clock in the morning

21:23

on a Sunday. I like and I came out like

21:26

I found it. I got the answer and I went

21:28

in to work and it was the answer and it

21:30

did work and it was amazing. Um so yeah,

21:33

just getting that fire and I found and

21:35

then when I you know when I you know by

21:38

this point I was you know 33 32 or

21:40

something like that and I thought wow I

21:43

finally found it and I found the thing

21:46

that you know motivates me gets me up in

21:49

the morning. I want to be there. I want

21:51

to be part of it. It I can do it. Um

21:54

because up until that point, you know,

21:56

having gone through that period at

21:57

Accenture where I was sort of a

21:59

generalist and then got sort of stuck in

22:01

project management and then um uh you

22:05

know, stuck in a trading role and

22:07

looking across at other people. You you

22:08

do this thing and often people do where

22:11

you you look at other successful people

22:14

and go how are they, you know, how old

22:16

are they? They're younger than me and

22:17

already much more senior. And you I used

22:20

to feel pretty bad about that, you know,

22:22

comparing myself to people and thinking,

22:23

well, I've missed the boat now. Failed.

22:26

That's that's gone. That's the end of

22:27

it, right?

22:28

>> Well, it's just the beginning, right?

22:29

>> Yeah. Yeah. Yeah. So, it you know,

22:31

there's no rush. It does it does come.

22:33

It can come. You can find the thing that

22:35

motivates you and and and makes you

22:39

excited and like physically feel it in

22:42

in in your

22:43

>> I can feel it. I know,

22:44

>> Tom. I can feel it as you tell me.

22:46

You're so fascinating. Like I just

22:48

normally I have to ask a question after

22:49

a question of you. I'm just like you're

22:51

you're great at storytelling.

22:53

[Music]

22:56

>> So with compare the market yourselves,

22:59

we've got two money questions we're

23:01

asking all guests. Are you ready?

23:03

>> Yeah. Let's go for it.

23:05

>> So first one, what is your biggest money

23:07

regret and why? I mentioned uh I was uh

23:12

I went on a round the world trip and uh

23:15

I spent a lot of money. I spent a lot on

23:17

a credit card as well. I over spent and

23:20

I then ended up in a cycle for probably

23:23

the next 10 years of overspending on a

23:26

credit card in anticipation of money

23:28

that I might get in the future. And so I

23:31

was always on the back foot and it would

23:33

have been the right thing to do to get a

23:35

year ahead and have a year in the bank

23:37

rather than a year in in reverse.

23:41

>> Wow. And what's your simplest money tip

23:44

to your 18year-old self?

23:47

>> I would say

23:50

have goals. So think of something a few

23:54

things specific that you're actually

23:56

saving for. a a house deposit,

24:00

uh you know, whatever it is, um pension

24:03

especially. Uh and then think about how

24:07

much you're earning today and how much

24:08

you might aspire to earn in the future.

24:12

Work out how you're going to achieve

24:14

those goals. Make a plan and then

24:17

whatever's left over, you can feel more

24:20

comfortable about spending um and and do

24:23

that and and enjoy it. you know, you you

24:26

you're only young once and there are

24:27

things that you can do and you can

24:29

travel with it and you can go out with

24:30

your friends and so on. And so I think

24:33

when you don't have goals, you find you

24:35

may find yourself just saving for no

24:38

real purpose or destination because you

24:41

think you should, which is absolutely

24:42

right. But when you know what you're

24:43

saving for and how much it'll take to

24:46

get there and what you'll have left

24:47

over, you can be much more comfortable

24:49

in the bit that you have left over.

24:51

I love that money tip because I think

24:54

it's one of the best money tips we've

24:55

had by the way because it's so tangible.

24:58

Yeah.

24:59

>> Everyone can sit down and think of their

25:01

goals now, right?

25:02

>> Yeah. Absolutely. I love it.

25:03

>> Pension very important. You know, start

25:05

early.

25:06

>> Absolutely.

25:07

>> Last longer.

25:09

[Music]

25:13

>> So, you've

25:15

become obsessed at now.

25:20

What happens next? How how did it how

25:21

did you end up at Compare the Market?

25:24

>> So, now TV was a roller coaster of

25:28

emotions and energy and

25:31

uh great times, great friends. Um and

25:35

you know things come to an end. I you

25:38

know it got to a million customers and

25:40

it became a it became a different beast.

25:42

It sort of get more absorbed into Sky

25:44

and uh and so I started looking for a

25:46

new role. I found one. And when I left

25:48

now, I I cried. I cried in front of

25:51

everybody. I don't often cry in front of

25:52

anybody, but I cried. Um because I

25:55

remember thinking, you know, I'll never

25:57

work with people like you again. Um even

26:01

now a little sting.

26:04

>> I can I can feel it. I'm with you.

26:06

>> Um but you know, ultimately you find new

26:09

things and and I did find you know,

26:11

amazing new opportunities. And I went to

26:12

work for a company called Gusto, um a

26:14

recipe uh company. It was a startup. I

26:17

wanted to get that real startup

26:18

experience without the backing of a big

26:20

company like Sky behind it. And again,

26:22

that was an amazing journey. I took what

26:24

I learned from Sky. I became CMO at

26:27

Gustau working for an amazing uh

26:30

company, amazing uh founder and that was

26:34

again another rocket ship. It went

26:36

doubled every year for six the six years

26:38

that I was there. It you know benefited

26:40

luckily from COVID effects and again I

26:44

got to do all sorts of different things

26:45

there. It was an amazing amazing uh

26:48

journey of learning and you know what

26:51

was I think especially good about it was

26:53

we were all learning at the same time.

26:55

You know it wasn't like I was coming

26:56

into a a company where everyone was

26:59

already really experienced and knew how

27:01

to work with investors and boards and so

27:03

on. We're all there new to it. So you

27:05

know fantastic experience and um uh that

27:10

the founder of of of Gusta is on the

27:12

board of compet. So when that journey

27:16

arc ended, he said they're looking for

27:19

someone like you at compare the market,

27:22

someone who's got a a datadriven brain,

27:25

you know, from my sort of engineering

27:26

background, um knows marketing from

27:30

marketing um and you know kind of bit of

27:33

a you know an all round good guy and uh

27:37

so I thought well that's I mean that's

27:38

me. So I went there, I met Mark Bailey,

27:41

the CEO, and within two weeks, uh,

27:44

pretty much I was I was there. I was in

27:46

the building, you know, it was really

27:47

really fast and they didn't mess around.

27:49

Uh, and, uh, so I joined Compet Market

27:52

and and a thing that really attracted me

27:55

to it because there were a few options

27:56

was they they knew exactly what I needed

27:59

to do. A lot of a lot of companies,

28:00

they're not quite sure. Well, kind of

28:02

just grow or something vague like that.

28:04

Everyone wants that. They were they were

28:06

very specific. You got two goals, Tom.

28:08

um you get more from our customers,

28:11

customer marketing and make our Google

28:14

more efficient. That's it. So, okay, I

28:17

like it. Nice and simple. So, I came in

28:19

and uh that was my task. That was what I

28:21

started with.

28:22

>> Wow.

28:22

>> Yeah. Yeah.

28:23

>> And then tell me a little bit about like

28:26

in your words and I've been I've

28:28

obviously interviewed Debbie, Mark,

28:32

yourself like

28:34

>> tell me a little bit about the culture

28:36

at Compare.

28:37

>> Culture. Yeah, really really important.

28:39

And uh you know I I learned the value of

28:42

this you know going from Sky to Gustau.

28:45

Gust the culture was very um

28:48

non-political right it was about the way

28:50

that the way that I describe it um is

28:54

if if if a member of the team or any

28:57

team found some useful information, some

29:00

useful insight that could help the

29:01

company move forward in a not so good

29:04

culture. people would want to keep that

29:06

to themselves. You know, it's powerful

29:08

information that can help them get

29:09

ahead. In a good culture, the c the kind

29:11

of culture that I enjoy, they'd be

29:13

they'd want to share it with everybody.

29:15

They say, "I found this great idea that

29:16

will help us all move forward together."

29:18

That that to me sort of sums up two

29:20

different types of cultures. And it's

29:21

really how do we how do we get people

29:24

all moving together in the same

29:25

direction? Apolitical

29:28

um uh positive uh caring that, you know,

29:32

that's I think that's really at the

29:33

heart of it. Um, and that's what I

29:35

enjoy. That's what I thrive on. I like

29:37

helping other people. I like for me

29:39

seeing other people be successful is

29:41

>> is what I want, right?

29:43

>> So, you win as a team, right?

29:44

>> Yeah. Yeah. Absolutely. Yeah. So, I

29:45

think that that I really feel that. I

29:47

really felt that when I came in the

29:48

building talking to people, you get it

29:49

quite quickly. That's what that's what

29:51

drew me to the culture.

29:53

>> And you're chief customer officer. What

29:56

does that mean?

29:57

>> What does that and what does that

29:58

remmit? You got quite a interesting and

30:01

>> exciting remitt cuz I I love brand. I

30:04

love marketing. Like tell me a little

30:05

bit about the

30:06

>> Yeah. So, so you know there's a there's

30:09

a bit of a smores board of titles you

30:11

can end up with because some some are

30:13

already used up and it's a bit like

30:14

that. Um so so the the customer word was

30:18

introduced about two years ago into the

30:20

role and the team which was really to

30:22

signal the focus on customers right our

30:24

focus on customers before when I first

30:26

joined it was chief revenue officer and

30:29

that was because that was just you know

30:31

few other titles already taken chief

30:32

revenue officer was the one that was

30:34

left but then after a year we were sort

30:37

of thinking that's a bit bit dirty isn't

30:40

it revenue officer

30:42

we're not there to you know obviously we

30:44

make money uh you know we only make

30:45

money when customers save money right so

30:47

we changed the focus to customers chief

30:50

customer officer and then uh four four

30:53

or five months ago uh you know in

30:56

addition to the the customer marketing

30:57

that I mentioned and and the the Google

30:59

pay-per-click advertising uh I took on

31:01

the brand as well so chief customer of

31:03

essentially is is the marketing team so

31:05

there's about 75 people in the team plus

31:07

all the agencies that we work with

31:08

responsible for the mcats the emails

31:12

that you get uh the things that you see

31:14

and social media, everything to do with

31:16

uh promoting uh the business.

31:18

>> That's exciting.

31:19

>> It is very exciting. I mean,

31:20

>> and I I heard that you was listed in the

31:24

100 power list

31:25

>> campaign power 100. Yes. Yes. So, it's

31:28

>> that's cool, isn't it?

31:29

>> It is quite cool. And interestingly,

31:31

taking this back, um it, you know, when

31:34

I left consulting, one of the things

31:36

that I thought was I won't be

31:38

remembered. No one ever puts, you know,

31:40

you never be on a magazine. You never

31:41

been in a magazine as a consultant. Not

31:43

that I wanted to be famous or anything

31:45

like that, but I feel it's a symbol of

31:46

recognition. And you know, you know,

31:49

this is the second time I've been in

31:50

that list and and the first time they

31:53

had a printed edition of magazine and I

31:54

was on the cover and I framed it. I

31:56

thought, "Wow, how

31:56

>> cool is that?"

31:57

>> Finally, you know, I've I've achieved my

32:00

my dreams.

32:01

>> What you sat to do, right?

32:02

>> Yeah. Yeah. And and and interesting. I

32:04

never thought I could or would, right?

32:06

>> So, what are some of the interesting

32:07

things that you've done in the role?

32:11

like cuz I know you got such an

32:13

obviously we see we see him over there

32:15

in the corner there. You got such an

32:16

iconic

32:18

>> brand, such an iconic brand, isn't it?

32:20

>> Yeah, it's it's it's it's absolutely

32:22

incredible. And you know, even words

32:24

like simples are in the dictionary. It's

32:26

it, you know, it's it's part of culture.

32:28

Uh, everybody knows the meats. They are

32:32

uh just a wonderful representation of of

32:34

of of fun in a category that can be a

32:37

little bit boring, right? which is which

32:39

is what why why it sort of attracts

32:40

attention. Um

32:43

>> honestly every the thing I love about

32:45

marketing is that everything is

32:47

interesting every day is interesting and

32:50

especially when you are overseeing it.

32:52

you get to flip between, you know, a

32:55

meeting about a PR campaign in the

32:57

morning to something about, you know,

33:00

how we are using AI to target our

33:03

digital media through to a meeting at a

33:05

creative agency to look at the latest TV

33:08

work, you know, storyboards. So, it's

33:09

just absolutely fascinating. And uh I

33:12

think that uh for me you know having

33:16

recently taken on the Mircats the brand

33:19

getting deeper into that has been been

33:21

really really wonderful. And one of the

33:24

things that we've been working on uh in

33:26

the last few months is you know how do

33:28

we bring the brand back to some of those

33:31

uh kind of values that it had five or

33:34

six years ago. You know how do we make

33:36

it you know really famous again? And um

33:40

we've you know we're working on a

33:41

campaign now that will be out in the new

33:43

year which has be really you know it's

33:46

going to be really uh uh exciting. I

33:49

think people will will find it funny.

33:54

Building emotional connection as well is

33:56

really important because one of the

33:58

things you want to do with the brand is

33:59

be remembered right and you don't be

34:01

remembered by talking facts and figures.

34:03

You be remembered by sort of connecting

34:04

with people emotionally. So the new work

34:07

um which which you know is sets out to

34:09

do that and and I think that people are

34:11

going to really enjoy it.

34:12

>> Wow. And uh what's your advice to anyone

34:15

talking about building a brand to me?

34:17

Remember everyone has a personal brand,

34:19

right?

34:20

>> Yeah.

34:20

>> And a personal brand

34:22

helps you in your world of work.

34:26

>> Yeah.

34:26

>> Like you said at the start, it's it's

34:28

about connections, who you know, and oh,

34:31

there's a job here and then

34:32

>> there's a job here.

34:34

>> Yeah.

34:35

What do people need to do to build their

34:37

own personal brand? Because the the the

34:40

word personal brand some people shy away

34:42

from because they think, "Oh, I have to

34:43

go and public speak and I have to post

34:45

every day on social media." But everyone

34:47

has a personal brand.

34:49

>> What's your advice to anyone who's at

34:52

the start of their journey or looking to

34:54

change careers or jobs? How do they

34:56

build a personal brand?

34:57

>> Yeah, I think um

35:00

be authentic of course, right? Um, I

35:02

think when you think of the phrase

35:03

personal brand, you might some people

35:06

might feel as though, oh, that's

35:07

something I need to be and I need to I

35:09

want to be that and therefore I need to

35:10

be that. It's different to who I really

35:12

am. That's very, very difficult to keep

35:14

up and people can sort of see through

35:15

it. So, I think think about what it is.

35:17

What is it that you're good at? What is

35:18

it that you enjoy? What is it you want

35:20

to be known for? And, you know, use that

35:23

as your northstar about what your

35:25

personal brand should or or could be.

35:28

Um,

35:29

don't force it. Um, you know, when I

35:32

first started in my career, I hated

35:33

networking. I hated talking about

35:35

myself. I hated

35:37

>> because you introverted.

35:38

>> Introverted. Yeah. Yeah. Yeah. Yeah. You

35:40

know, very much so. And and that's an

35:42

interesting thing. It does change,

35:44

right? I, you know, I thought I'd never

35:45

be the one to sort of Yeah. I'd hate

35:47

just hate standing around in a room of

35:49

people I didn't know, right? But that's

35:50

now I want to, right? I love it. Right.

35:52

Um, so yeah, do something that that that

35:56

really is yourself that um isn't forced.

36:00

You know, you don't need to labor it on

36:02

LinkedIn when saying things that you

36:03

don't really, you know, wouldn't

36:06

normally say in real life. Um

36:09

uh yeah, just think about how you want

36:11

to be remembered and and and and leave a

36:13

little impression on people in that way

36:16

>> and and be trustworthy as well. Like

36:17

trust is amazingly powerful. H and so

36:20

you know keeping to your word turning up

36:23

when you say you're going to you know

36:26

reaching out to people following up um I

36:29

think you know one thing that I learned

36:31

especially in startup world is that

36:34

people what goes around comes around

36:36

people want to help each other

36:38

>> you know having been in corporates you

36:39

don't really talk to other brands as a

36:41

corporate but when you're startup it's

36:42

like yeah what are you doing let's go

36:43

for coffee let's do this let's do that

36:45

and and you just actively do it and

36:47

people people love it and they want it

36:48

and and you're like you should meet this

36:50

person and it really happened like you

36:52

know this it really does and it you make

36:55

connections that way. So you do it

36:56

authentically it doesn't need to be

36:57

through

36:58

>> a task of building personal brand.

37:01

>> Agree.

37:01

>> Yeah. What would you say your invisible

37:03

success is like? What's something that's

37:06

that's not online is not what you've

37:09

mentioned so far that has really been

37:12

your invisible success that has made you

37:15

successful. You've been successful in

37:17

your career.

37:19

Yeah, good question. I think enjoying

37:23

the learning to enjoy the toughness,

37:25

right? I'm the kind of person that likes

37:27

doing things like going camping in the

37:30

rain or uh you know, training for a

37:33

marathon, that sort of thing. I think

37:35

some people call it type two fun, you

37:37

know, like it's just a bit hard. And I

37:39

think that uh getting that visceral

37:42

feeling of, you know, solving problems

37:46

and moving forward, it being really

37:48

hard, but then getting a bit of

37:50

enjoyment out of that is is what

37:52

motivates you. If you if that kind of

37:54

thing makes you, you know, that that's

37:57

horrible, you don't like it, you know,

38:00

find something else, right, that that

38:01

that you do like. But yeah, definitely I

38:04

really like it when it gets hard. Um, I

38:06

like it because I have this thing where

38:09

I sort of remind myself that that moment

38:11

when it gets really hard, that's where

38:13

everyone else is finding hard and most

38:14

of the people are giving up to, okay,

38:16

that's where I continue.

38:18

>> That's where you continue, right? You

38:20

keep going. Are you ready for my final

38:22

question?

38:22

>> Yes, go for it.

38:23

>> What's your duvet flip? What gets you

38:25

out of bed in the morning to flip the

38:26

duvet?

38:27

>> It may be a cliche, but I love working

38:29

with my team. I love going in and seeing

38:33

all of their eager faces really to, you

38:36

know, make a difference. I love the fact

38:38

that I can help them make a difference.

38:40

Yeah, I definitely do it for them.

38:42

>> Wow. I just want to say thank you for

38:43

joining us on the show, for being so

38:46

open, honest. I can see that that oomph

38:48

in you. I love it. I I really do. And uh

38:50

thanks for sharing your journey and

38:52

being so open with us and running us

38:54

through your career and and what you do

38:55

at Compare the Market. Uh, I just I

38:58

think you're out of Don't say this in

39:00

front of Mark or Debbie, but your role

39:02

is probably the coolest role. It

39:03

>> is cool, isn't it?

39:04

>> It's pretty cool. So, thank you.

39:06

>> My pleasure.

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