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Jay Steinfeld
Re-WIRED. Founder of Blinds.com, sold to Home Depot. Teaches at Rice's Graduate School of Business, multiple boards, speaker. Author WSJ Best Seller "Lead From the Core: The 4 Principles for Profit and Prosperity".
Jay Steinfeld: Ecommerce Pioneer and Board Member at CPAP.com
Jay Steinfeld is an ecommerce pioneer known for building transformational direct-to-consumer (DTC) brands. He recently joined the board of CPAP.com, the top internet retailer of Sleep Apnea equipment globally.1
Key Facts about Jay Steinfeld:
- Founder and former CEO of Blinds.com, which he grew into the world's largest online window coverings retailer before selling to The Home Depot in 201412
- Entrepreneur-in-Residence at Rice University's Jones Graduate School of Business and author of the book "Lead from the Core: The Four Principles for Profit and Prosperity"23
- Serves on the board of directors and audit committee for Masonite International Corporation (NYSE: DOOR) and several startup boards2
- Part of the XPRIZE Innovation Board, whose mission is to bring about "radical breakthroughs for the benefit of humanity"2
- Frequent speaker on how company culture and authentic core values drive profitable growth2
As a board member at CPAP.com, Steinfeld brings extensive experience in building ecommerce and retail brands. He believes CPAP.com is "poised for further market disruption" and is excited to help accelerate the company's growth trajectory.1
Steinfeld's LinkedIn username is @jaysteinfeld, where he shares insights on entrepreneurship and leadership.45
Highlights
Vanderbilt University just provided clarity around protests that “disrupt the learning environment”.
Should this also apply to corporations? Should employees be able to disrupt the ability to make a profit and execute its strategy?
Sure, innovation comes from disrupting the status quo. But there’s a difference between CREATIVE disruption and DESTRUCTIVE disruption.
Agree or disagree?
A few hours ago, President Joe Biden stepped aside from running again. Got me thinking. When should a founder step aside? When you have institutional investment, how does that change the dynamics? How does the founder's life goals affect the decision? He/she want to run things, or maximize the investment?
There's empirical evidence that founder-led businesses do better than when a so-called Professional comes in. But it's mixed. Investors and founders repeatedly must face this tough decision.
#steppingaside #JoeBiden #founders #investing #succession
