Ep173 – Mark Woodland (Co-founder & CEO – Kismet) on timing, leadership & high performance

The Startup Playbook PodcastInsights and lessons from the world's best entrepreneurs and investors Twitter Facebook YouTube Instagram Ep173 – Mark Woodland (Co-founder & CEO – Kismet) on timing, leadership & high performance February 15, 2024 rohitbhargava Uncategorized My guest for Episode 173 of The Startup Playbook Podcast was the Co-founder & CEO of Kismet, Mark Woodland. Mark has had a fascinating journey to date. He joined the military to fulfil his brothers dreams before leaving to do “admin” for his mums childcare business. That experience led him to starting Xplor education, a childcare management platform that he grew from $0 to $40M ARR in 5 years before eventually being acquired by Advent International.  Mark is now back with his next company, Kismet, to reduce the barriers to access disability and healthcare services – a company that he initially had the idea for and pitched way back in 2010 before being laughed out of the room because as Mark puts it, it was a different generation back then! Fast forward to today and Kismet raised a $4M pre-seed round led by AirTree Ventures in early 2023 and recently closed a Series A funding round after seeing exceptional growth for the company. In this interview we covered a range of topics including: Mark’s journey from the Australian Army and running childcare centres to building Xplor which was acquired by private equity Why his retirement after his exit only lasted 2 weeks before he started his new venture Kismet Leadership principles and how he builds and inspires high performing teams How to get crystal clear on a product vision and avoid short term distractions & much more! Time stamps: 4:33 – Mark’s background 12:08 – Service mindset in business and life 16:18 – Meeting with AirTree for the first time while building Xplor 19:18 – The vision behind Xplor 22:03 – Lessons from building a childcare business vs tech startup 24:28 – The decision to exit from Xplor 27:03 – How to build high performance, humble company culture 33:18 – Thoughts on leadership 38:18 – The thesis behind Kismet and why Mark ended his retirement after 2 weeks to build it 40:18 – The importance of timing with startups 43:03 – The difference between being a solo founder with Xplor and having 5 co-founders with Kismet 47:33 – Staying focussed on the bigger vision and not getting distracted by short term wins 51:48 – How founders can clearly define their product vision 55:53 – How to push your team without breaking them 58:48 – How Mark approached hiring the first 150 employees at Xplor Our partners A big thank you to Daniel Petre, Elicia McDonald, Matt Ellis and Stefan Cordiner for their help with research for this interview! Also a big thank you to our partners for the show: Scendar  Scendar is the OG startup accounting firm in Australia catering to all stages of your business’ life. If you’re busy running your startup, you don’t have time to do your own books and forecast. Instead, fully outsource your finance function, giving you time and resources back to focus on what you do best in growing your business.. Find out more at Scendar.com Vanta Vanta helps businesses get — and stay — compliant by automating up to 90% of the work for the most in-demand compliance frameworks. And with over 300 integrations, you can easily monitor and secure the tools your business relies on.Join over six thousand fast-growing companies that use Vanta to manage risk and prove security in real time.Get started with a Sydney-based Vanta team member today, or watch a 3-minute demo to learn more, at vanta.com/playbook. Links mentioned Mark’s links Twitter/X LinkedIn Kismet (website) Kismet (LinkedIn) People mentioned Daniel Petre Paul Bennets Craig Blair Helen Norton Elicia McDonald Mat Ellis Stefan Cordiner Adam Neumann Companies mentioned Kismet Xplor Playbook Ventures AirTree WeWork Uber Airbnb Feedback/connect/say hello: [email protected]@RohitBhargava7 (Twitter)/rohbhargava (LinkedIn)@rohit_bhargava (Instagram)My Youtube Channel Credits: Music: Paycheck Other channels: Find all of the links for the podcast on Linktree here https://traffic.libsyn.com/secure/startupplaybook/Ep173_final.mp3Podcast: Play in new window | Download | EmbedSubscribe: RSS admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. 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