A Personal Blog
Handing Over the Reins at b5media (Or: A Year of Transition)
At the beginning of this year (literally, the 4th of January), I took nearly 2 weeks off work from b5media, the company I’ve been lucky enough to serve as CEO for the last 3 ish years (the original year or so was as a group of founders). I didn’t make it public, I told the management team ahead of time and I went totally offline for roughly 10 days.
I did it because I was tired, burnt out and recognized that my life wasn’t what I wanted it to be. I was working too much, unhappy at home, unhappy at work and just felt completely blah. Basically I did it because a friend asked me what I wanted my life to be… It was then that I realized not only was I unhappy, but that I had no idea what I wanted my life to be.
Over the course of my time off, I realized a bunch of things, but the relevant one for today was that I was no longer happy, passionate or energized in my work. This wasn’t b5′s fault, or anyone’s fault really. It was really just that I’m a builder and a fixer, and b5 had moved beyond the point of its life where it needed that. Sad? Yes. Tragic? No. In some ways I always knew the day would come where I’d have to step aside and hire my replacement, so while this was a bit of a shock, it wasn’t one of those “zomg I can’t believe this is happening” shocks, it was more of a “wow, huh, okay then…” type of shock ;-)
So… What’s Up?
Over the last 6 months I’ve made a bunch of life changes outside of work to find a bit more happiness, but today marks the culmination of the work-related changes for this current season of my life. As of today, I am stepping aside as CEO of b5media, and we are bringing on Elaine Kunda as the new CEO. I say “we” because I’m still a board member, still a shareholder, still a founder and still a huge, huge b5media fan. And I’ll remain available to b5, it’s employees, Elaine, our bloggers and our investors because I flat out love the company, team and bloggers. This ain’t me abandoning ship, it’s me handing over the reins to someone who can take things to the next level (which is actually pretty darn exciting!).
Over the last 3 years, I helped turn b5 from an idea into a reality; from a loose gaggle of folk into a real business; helped to raise millions and millions of dollars; helped establish blogging as a real industry and helped to hire the absolute best team possible to rawk this puppy for all its worth. The journey was incredible, scary, fun-filled, sad and totally, totally worth it.
I want to be clear that this is a personal decision. There are seasons of every entrepreneurs life where you work your 80-100 hour weeks and you thrive. Then there are seasons where you need to breathe for a change, damnit. And this, for me, is the latter season. I’ll still work my ass off, but I’ll do it in a more balanced way. I’ll exercise more, spend more time with my girlfriend, spend more time with my boys, maybe even take up (or renew) some hobbies. I’ll probably start to play drums again, spend more time meditating and praying and generally remember what it is that makes me “me”. I’ll probably play with some startup ideas, help some younger companies and CEOs out and I’ll take on some consulting work (more on that later) so that I can pour everything I know and can do into a project for 2-3 months and then take a break if necessary instead of going so hard and strong that I literally collapse in exhaustion for 3-4 days.
Whatchoo Talkin’ ‘Bout Willis?
For those who love to attempt to read between the lines let me save you the trouble: yes this is my choice, no I’m not being kicked out, yes b5 is doing incredibly well and yes the team is absolutely going to kick ass. While sometimes CEOs leaving reflects on the CEO or on the company, in this case it reflects on one thing and one thing only: I need a bit more balance in my life, and I need to find my flow again.
I want to publicly say how very proud and honoured I am to have worked with such an amazing group of employees, bloggers, advisors and VCs. Really, I (and b5) wouldn’t be where we are without you guys and your efforts, passion or energy. b5 has become more than I ever dreamed it would be, and while I’ve worked my ass off, so have all of you guys and you all deserve a huge round of applause and at least a dozen beers (Elaine’d probably prefer if this was done after work hours, heh). This goes doubly for our bloggers who have stood with me, the other founders and the company through a myriad of changes, most of which have been good but some of which I know have been really, really hard. So thank you, thank you, thank you!
Back to the Future, Episode 4: Return of the Errrrngh
For those who are wondering what’s next, the answer is pretty simple: I have no idea. For the short term, I’ll be working with clients via a quasi-agency I setup to do that: netmobs (site is a work in progress, so be thou gentle), I’ll also be taking a bit of time off, I’ll be thinking about what really makes me happy, what really makes me passionate and how I can take what I’ve learned over the last half dozen startups I’ve done and both have fun with it and do something really interesting.
If you have any questions or whatever, you can reach me in any of the standard ways (email is jeremy@netmobs.com, cell is 416 726 3602, skype is jeremy_wright, Twitter is @jeremywright). Oh, and feel free to comment/ReTweet, whatever. It’s great news for b5, great news for me and my happiness and even great news for the industry that we continue to evolve, survive and thrive.
I guess that’s it. Another chapter from my 20s closes. Next, I think I’ll learn to skydive. Always wanted to do that! ;-) Or maybe I’ll take up ballet. I think the pink’d really bring out my eyes! :-D
Mark,
As Satish mentioned, we tried to interpret what was effectively amy’s “art” into something that was truly a “logo”. As Satish said, some of this involved “un-arty” things like simplifying the look and so forth, but we still tried to maintain her core concept. In doing this, we realized that there were effectively 2 paths we could take, and your confusion to the logo would tend to support that assumption:
Path 1: Go the “art” route, where everything’s very free-form and flowy. We believe this will potentially look more arty, but won’t necessarily result in more purchases in the long term … and may actually end up distracting from Amy’s products.
Path 2: We believe a cleaner, perhaps more retro look (per amy’s examples she sent) will be professional, fun and, most importantly, will let the work speak for itself instead of potentially distracting a user, reader or potential purchaser.
While we do recommend path 2, we are good with either path :)
As Satish mentioned, we’ll be bringing some design samples on Saturday, which we think she’ll actually really enjoy. We think it captures the spirit of what she’s trying to do, keeps things neat and tidy, but also lets the work stand on its own. But if Amy prefers to go down the “art” route, we can definitely make that happens as well.
Hope this helps, and all the best :)
| Print article | This entry was posted by Jeremy Wright on July 27, 2009 at 12:14 pm, and is filed under b5media, Blogging, Business, From My Life, Work. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
- Jeremy Wright Steps Down As CEO of Blog Network b5media
- Jeremy Wright Steps Down, Elaine Kunda New CEO of b5media | The Blog Herald
- Jeremy Wright Steps Down As CEO of Blog Network b5media | Latest Articles
- Jeremy Wright Steps Down As CEO of Blog Network b5media | Viningmedia Nieuws
- Jeremy Wright Steps Down As CEO of Blog Network b5media | Cellphone Ultra
- Jeremy Wright Steps Down As CEO of Blog Network b5media | TopBlogs
- Jeremy Wright Steps Down, Elaine Kunda New CEO of b5media | BLOGCHINA
- Webbyist » » Jeremy Wright discovers that there is life other than b5media
- Friends Making Moves (Oh, Yeah… I’m Back) » Patrick O’Keefe
- Ensight – Jeremy Wright » Answering 4 Frequently Asked Questions Since “The Announcement”
- Jeremy Wright, blogger and entreprenuer | Stories of Our Journeys
- » Jeremy Wright, Blogger and Entreprenuer
- mql4 builder
about 2 years ago
First!
I knew this already. :)
Seasons come and seasons go. I’ve already moved on from b5 as you are doing now. It’s hard to imagine a world outside until you’re outside. You’ll be fine and I’m looking forward to see what b5 does in the future. Also, I’ll be looking forward to hear what you’re doing in the future.
And DC is always an option (open invite) when you want to escape TO for a bit.
about 2 years ago
I’m not sure whether to bemoan the fact you’re moving on from a great company or cheer for you moving on to what I know will be more success. Whichever, I wish you all the best.
about 2 years ago
Jeremy, it sounds like you’re really ready for that next big chapter in your life. You may not know what it is yet, but I’m sure you’ll find something important to be a part of and you’ll be extremely successful.
Best wishes with your new endeavors!
about 2 years ago
Nice working with you Jeremy. Best of Luck!
about 2 years ago
Congrats Duncan – you made b5 awesome and I can’t wait to see what you do next!!
about 2 years ago
Err.. Jeremy even – I saw a Duncan flow past my screen and got distracted – freaking weird!
about 2 years ago
Congrats Jeremy! I think you’re a brilliant guy who’s going to find success no matter what you’re doing (even ballet…though I can’t picture it right now). It’s been a pleasure to get to know you in the past few months and I can’t wait to see what’s next!
Erin
about 2 years ago
Jeremy it’s sad to see you go and I’ve always admired your work and support of all the bloggers at b5media during my own time there. Congrats to you and along with everyone else, can’t wait to see what’s next for b5media and what’s going to happen with you and your own endeavors.
about 2 years ago
Good riddance, you sexy beast you.
[ed: tee hee]
about 2 years ago
Best of luck, Jeremy. Burnout sucks, but creative rebirth is awesome. Hope you find some refreshment.
about 2 years ago
I’ve always heard that part of being not just a good, but being GREAT is to recognize when it’s time to move on. I wish you all the best J. It was truly a pleasure working with you. I wouldn’t trade the experience for anything.
about 2 years ago
Congrats, Jeremy. And extremely well said. You are a class act all the way and I’m proud to call you a friend : )
BTW, we should start a band. Drummers are hard to find. As are sweet Newfies who want to start bands with former CEOs ; )
about 2 years ago
Jeremy, you have always been, are, and will always be one of my heroes and a true inspiration. Not just to me, but to business blogging in general. You were there before just about any of the rest of us. For that, you deserve credit.
I wish you the best and will pray that you find the balance and flow you seek, and that it won’t be long in coming. You’ve built something that will last beyond you, and for that as well, you are to be commended. God bless my friend and Godspeed.
about 2 years ago
Its rare when you can met someone initially for business, and have that relationship become a true friendship. Jeremy, as my friend, I have seen you shift from happy to sad to happy again. I know the difficulties of being a CEO (not from the general day to day, but the pressure it builds on your soul), and I know the drive you embody. It makes it doubly impressive that you are able to make this shift knowing the passion you brought to your role at b5.
Im excited to see what you do, and where that brings you. Also, know, that I am simply a phone call away if you need anything.
All the best on this fantastic decision.
micah
about 2 years ago
Good luck with all the things yet to come.
about 2 years ago
It’s been great working with you Jeremy. Hard to believe all that has happened since we started to dream together all those years ago – also hard to believe how big things got despite so much of it happening ‘virtually’.
All the best with the next phase – looking forward to see what emerges for you next and hope to catch up at BWE in October (you really should head down under sometime soon too for that trip we always talked about!)
about 2 years ago
After being led to a nasty b5 Techcrunch comment thread by the class act Mike Abundo I can only hope that I’m not ever the subject of any similar public discussion. Kindness and integrity with work and life aren’t always recognized by people connected to you in business, but we all know the truth. I expect the choices you make in the near and long-term future will be fulfilling and successful and I’m hopeful we’ll have the chance to work together on some upcoming projects. Most importantly, here’s to more Patio Fridays, BBQs, parties, conferences, and other assorted randomness. And I also hope there’s still a SXSW road trip in store for the new year. Have a great time in New Orleans, and we’ll see you soon.
Peace.
Lee
about 2 years ago
Good Luck Jeremy. Congrats on the state of B5 and the hard personal decision. It’s never easy to step back but life works itself out.
I’ve been there a few times. Just stay busy and balanced and all kinds of new things will “flow” your way.
Keep in touch and ping me anytime.
John Furrier
Palo Alto
about 2 years ago
Congrats on the transition! Good luck with the New Next Thing.
about 2 years ago
I’ll go skydiving with ya. It’s been a while since I last went, and it’s freaking awesome!
Here’s to your decision to get your life back and prioritize happiness and family. Good for you. It’s a valuable trait to be able to recognize when it’s time to move on to the next thing (even of you’re not sure what that is). I’ve had to do something similar before, and it’s very very very much worth it. :)
greg
about 2 years ago
Anytime!
about 2 years ago
Great stuff mate.
Congrats on what you’ve done and built. Must be very rewarding for you.
Life is for living and thriving.
Good luck with the ballet. Not sure if the TuTu will suit, but don’t knock it until you’ve tried it!
Cheers
Brendon
about 2 years ago
Good luck, Jeremy. You really have achieved a huge amount in the past few years, many congratulations. So much to remember since we first met at New Comm Forum in 2005. Pioneering days!
Reboot :)
about 2 years ago
Jeremy,
A courageous decision. Having worked with startup CEOs for the past 10 years, I know exactly the pressures you have been under. Congrats on taking control of your life back. I think in the long run, the VC-startup ecosystem needs to figure out a better, more sustainable balance so that guys like you don’t need to leave.
Good luck!
Mark
about 2 years ago
Congrats and thanks for sharing and allowing us to see the real you.
Way to serve you and your family best, and being the example that we all need. That we all need to follow our dreams and see where they lead us, and be brave when that dream ‘matures’ and it’s time to follow the next.
Good luck,
Michael
about 2 years ago
All the best Jeremy – the early b5 was an exciting time (from an outsiders pov) and you guys really helped put blogging into the mainstream and thus helped many (like myself) indirectly benefit from blogging and it’s associated parts.
I know a bit about burn out and trying to find your mojo – hang in there, take your time and you’ll get that passion back sooner than you realize.
Cheers,
Martin
about 2 years ago
I think the world’s conference organisers’ hearts just skipped a beat – Jeremy have only known you for the conference circuit i.e. PubCon and SXSW of which your presence has always been ultra-friendly, helpful and rawking.. Hope to see you round beyond that, all the best for new pastures, I think the change will be really positive one for ya!
digijoe
about 2 years ago
Hey Jeremy,
Happiness is important. Congrats on making the decision to pursue it and being able to do so. Good luck on what’s next!
Patrick
about 2 years ago
Jeremy,
I wish you great success as you move to the next step! Oh, and #dumplings when you’re back in NYC (or do I have to once again drive 13 hours of karaoke in Toronto?).
Cheers!
about 2 years ago
Hooray for having a life! Count me in for that first ballet recital…
Here’s to the journey. Cheers.
about 2 years ago
They say that as one door closes another opens – to be honest I think you’ll have five or ten opening up. whichcever you step through you’ve left a great legacy behind the previous one.
As to the next thing, have you ever considered piracy? You’d make a great Dredd Pirate Roberts…
about 2 years ago
Just a short note to say thanks to everyone for the ideas, support, offers for drinks, etc.
I’m on a workcation for august, visiting friends in the US and such, but I’ll be back, and back in the saddle by end of august… ready to see what’s next.
I guess right now I’m mainly trying to find enough space to depressurize, while staying busy enough to put food on the table, while being open enough that if the perfect opportunity comes along I won’t miss it.
Fingers crossed that plan works out, heh.
about 2 years ago
Jeremy,
(Sorry for being late to the comment party – I just ran across this in my newsfeed while cleaning up for my own August vacation)
As someone who has stepped down & delegated leadership from the founder role to professional managers let me say congratulations. While the first couple of times that I did this it was scary turning the wheel over and learning not to be a backseat driver – I think you’ve done it with the openness, class & style that I would expect from one of the pioneers of professional blogging.
Good luck with your new adventures & do enjoy your time off. After 19 years of doing the deferred life syndrome of entrepreneurship I made a decision a few years ago to stop and smell the roses – it does lead to a more balanced & practical view of entrepreneurship. In fact it leads to new perspectives on opportunities that had previously passed me by.
Congrats on all your accomplishements with B5 and best of wishes in your new adventures.
about 2 years ago
Hi Jeremy,
Sorry I’m late to the discussion … just wanted to say I hope all is well for you and I’m proud of you for working so hard for so long. Best wishes moving forward and please feel free to shoot the breeze with me anytime.