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Wednesday noon
March 4, 2015

Nick Hanauer
Entrepreneur, Venture Capitalist, and Philanthropist

Motif
(Formerly Red Lion)
1415 5th Ave       

This Week's TOTEM

 

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This Week's TOTEM

 

Looking Ahead

March 4
Nick Hanauer
Venture Capitalist and Philanthropist
Motif

March 11
Denis Hayes
Bullitt Foundation
Washington State Convention Center

March 18
Real Estate Panel
Westin




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ImageNick Hanauer
Entrepreneur, Venture Capitalist, and Philanthropist
"Opening Our Eyes to the 21st Century Economy"


Nick Hanauer is a co-founder and partner in Seattle-based venture capital firm, Second Avenue Partners which provides management, strategy, and capital for early stage companies. Hanauer is one of the most successful entrepreneurs, investors and managers in the Northwest with over 30 years of experience across a broad range of industries including manufacturing, retailing, e-commerce, digital media and advertising, software, aerospace, health care, and finance. His experience and perspective have produced an unusual record of serial successes managing, founding or financing over 30 companies, creating aggregate market value of tens of billions of dollars. Some of the notable companies include Amazon.com, Aquantive Inc., (purchased by Microsoft in 2007 for $6.4 billion), Insitu group (purchased by Boeing for $400 million), Market Leader (purchased by Trulia in 2013 for $350 million). Some other companies include Marchex, Newsvine, Qliance, Seattle Bank and Pacific Coast Feather Company.


ImageReporter:  John Hamer

When Bob Rosner introduced Teri Citterman to moderate a panel on leadership, he called her book, “From the CEO’s Perspective” a “must-read for those who want to become better leaders.” Teri, who went from public relations to executive coaching, said: “I help good thinking become great leadership.” Her clients are mostly new CEOs who “must be prepared to lead right from the start.” She asked each of the three panelists: “What is the one must-have characteristic or behavior for a leader?” 

Josh Dirks of Project Bionic said: Self-awareness.
Pamela Hinckley of Tom Douglas Restaurants said: Authentic engagement.
Jon Bridge of Ben Bridge Jewelers said: Empathy.

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Teri then asked them to elaborate. 

Jon: “Empathy is taught by example. It can’t be taught in a classroom. You have to put yourself in the other people’s shoes. Just stop and think before you react.”
Pamela: “We have a strong culture of recognition, even if it’s for something goofy or wrong. People want to be noticed that their effort is out there.”
Josh: “If you take off early to play golf or go to happy hour, that doesn’t set a good example. You can think that you’re the best leader in the world, but that can cause massive fissures in your organization.”

Teri asked the panelists “to talk about a time that you failed and what lessons you were privileged to learn.”  Jon said: “One of my biggest failures was to lose my temper.” He said a salesman once “put a rather expensive watch on a ‘customer’ who was wearing a jogging suit, tennis shoes, and dark glasses.” The guy ran out of the store with the watch. “My failure was not to empathize with the sales person,” Jon said. “My failure was to explode and use some words that should not be published. This was a teachable moment. That was a failure on my part for not holding my tongue and explaining to him what he had done improperly.”

ImageTeri asked the panelists how best to deal with younger employees, or “millennials.” Josh said: “They don’t think of themselves as individuals. They think of themselves as a school of fish. That was not the way I was raised. When you think of it that way, it changes your empathy. You stop using ‘I,’ and start using ‘we.’”  Pam said: “Millennials are so self-confident and self-assured that they feel they can come in and run the company. I urge them to find that perfect blend of showing their skill and initiative, and getting to know the organization and where they can really bring value.” Jon said: "They’re looking at a holistic type of existence. The job isn’t everything. There are other things to do.” But, he added: “Millennials have to slow down a little bit. They have to think. They deal in sound bites. Twitter. Texting. Gratification doesn’t come in 15 seconds. It comes over a long period of time. The older generation has to realize that everything is fast these days. We have to let them know that we take things in a longer stride.”


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Club Events
Fellowship Committee Harbor Club
Mar 03, 2015 04:30 PM - 05:30 PM
Community Service Committee Skinner Building, 7th Floor
Mar 04, 2015 11:00 AM
Arts Committee Lobby of meeting venue
Mar 11, 2015 11:00 AM
Committee Fair Convention Center
Mar 11, 2015 11:00 AM - 12:30 PM
Young Rotary Leaders Meeting venue @ YRL tables
Mar 11, 2015 11:45 AM
Youth, Schools Committee - NOTE DATE CHANGE Stoel Rives
Mar 18, 2015 08:00 AM
Sustainability Committee Northern Trust
Mar 18, 2015 11:00 AM
Program Committee Westin Hotel
Mar 18, 2015 01:40 PM - 02:30 PM
Rotary Boys & Girls Club Committee Meeting venue lobby
Mar 25, 2015 11:30 AM - 12:00 PM
Crystal Mountain Ski Trip www.crystalhotels.com
Mar 27, 2015 - Mar 28, 2015
Community Service Committee Skinner Building, 7th Floor
Apr 01, 2015 11:00 AM
Fellowship Committee Harbor Club
Apr 07, 2015 04:30 PM - 05:30 PM
Arts Committee Lobby of meeting venue
Apr 08, 2015 11:00 AM
Young Rotary Leaders Meeting venue @ YRL tables
Apr 08, 2015 11:45 AM
Sustainability Committee Northern Trust
Apr 15, 2015 11:00 AM
Keekwulees Mayflower Park Hotel
Apr 16, 2015 05:30 PM - 07:00 PM
Youth Schools and Early Education Committee Stoel Rives
Apr 21, 2015 08:00 AM
Rotary Boys & Girls Club Committee Meeting venue lobby
Apr 22, 2015 11:30 AM - 12:00 PM
Fellowship Committee Harbor Club
May 05, 2015 04:30 PM - 05:30 PM
Community Service Committee Skinner Building, 7th Floor
May 06, 2015 11:00 AM
Program Committee Washington Trust Bank
May 06, 2015 11:00 AM - 11:50 AM
Arts Committee Lobby of meeting venue
May 13, 2015 11:00 AM
Young Rotary Leaders Meeting venue @ YRL tables
May 13, 2015 11:45 AM
2015 District 5030 Conference Tulalip Resort Casino
May 15, 2015 - May 17, 2015
Youth Schools and Early Education Committee Stoel Rives
May 19, 2015 08:00 AM
Sustainability Committee Northern Trust
May 20, 2015 11:00 AM
Keekwulees The Rainier Club
May 21, 2015 07:15 AM
Rotary Boys & Girls Club Committee Meeting venue lobby
May 27, 2015 11:30 AM - 12:00 PM
Fellowship Committee Harbor Club
Jun 02, 2015 04:30 PM - 05:30 PM
Community Service Committee Skinner Building, 7th Floor
Jun 03, 2015 11:00 AM
Arts Committee Lobby of meeting venue
Jun 10, 2015 11:00 AM
Young Rotary Leaders Meeting venue @ YRL tables
Jun 10, 2015 11:45 AM
Youth Schools and Early Education Committee Stoel Rives
Jun 16, 2015 08:00 AM
Sustainability Committee Northern Trust
Jun 17, 2015 11:00 AM
Keekwulees Mayflower Park Hotel
Jun 18, 2015 05:30 PM - 07:00 PM
Rotary Boys & Girls Club Committee Meeting venue lobby
Jun 24, 2015 11:30 AM - 12:00 PM
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