EPISODE · Sep 11, 2023 · 43 MIN
ZenBusiness COO, Shanaz Hemmati, on building a $1.7B company that thrives in both up and down times, being a technical COO, growing HomeAway through M&A to IPO to more M&A with Expedia, and automating G&A with AI,
from Between Two COO's with Michael Koenig · host Shanaz Hemmati, Michael Koenig
Join us as we chat with Shanaz Hemmati, the COO of ZenBusiness, who gives us a fascinating insight into the workings of a public benefit corporation that generates more than $100M in ARR. Listen to her as she speaks about the various initiatives and programs that ZenBusiness undertakes to give back to the community and society. From a grant program to support their customers to her role evolution from CIO to COO, Shanaz’s experiences shed light on the strategies they use to navigate their responsibilities within a small team. In this chat, we also explore the potential of generative AI to increase speed, accuracy, scalability, complexity, and accessibility of structured language, and how ZenBusiness leverages this to expand capacity. From discussing the importance of data protection to understanding the potential threats to businesses, Shanaz provides a comprehensive overview of the operations side of the company, including their customer support in the contact center. Shanaz also talks about the company’s organizational structure, with CTO, HR, customer success, legal, program management, procurement, and corporate citizenship all reporting to her. Learn about the process of hiring great people, and how her passion and love for what she does is the key to success. She also shares her experiences with M&A, and how she and her team at HomeAway used the strategy of acquiring existing vacation rental services to make the company global. From tracking the macroeconomic environment to discussing the advantages of remote working, Shanaz provides a wealth of information for anyone interested in understanding the workings of a successful business.
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What this episode covers
Shanaz Hemmati is the co-founder and COO of ZenBusiness, a company that makes it simple for people to start their businesses and run their G&A. We chat about how AI will automate G&A, building a $1.7B company that thrives in both up and down times, being a technical COO, and growing HomeAway through M&A to IPO to more M&A with Expedia.
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ZenBusiness COO, Shanaz Hemmati, on building a $1.7B company that thrives in both up and down times, being a technical COO, growing HomeAway through M&A to IPO to more M&A with Expedia, and automating G&A with AI,
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