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How Success Happened for Meetup CEO David Siegel

Opinions expressed by Entrepreneur contributors are their very own.

I used to be thrilled to speak with David Siegel, CEO of Meetup, the main platform for locating and constructing native communities, for my current episode of How Success Happens.


David Siegel, CEO of Meetup

Stepping in to take over because the CEO of a longtime tech firm with a presence in 190+ international locations takes grit and drive. David has cultivated a whole lot of each throughout his 20-year profession as an govt at Seeking Alpha, Investopedia, and now Meetup. Despite David’s spectacular resume, I used to be stunned to search out how easy-going and approachable he was. We talked about his work philosophy: he is comfy with failure however relentless about attempting once more till he achieves success.

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A major take a look at of David’s grit was his expertise main Meetup via the early levels of the pandemic in March 2020. As an organization with a mission of bringing folks collectively at occasions for shared pursuits, the COVID-19 outbreak threw a wrench within the firm’s day-to-day operations—Meetup needed to pivot from in-person occasions if it was going to make it. I noticed in our dialog that David has a knack for making decisive calls and main throughout a disaster. He talked concerning the firm’s fast swap to internet hosting on-line occasions, which nonetheless make up 20% of Meetup’s occasions in the present day. That dedication to serving to folks join—and considering creatively about how to take action—obtained Meetup via unsure instances.

The outbreak of COVID-19 was in no way the one turbulent level in David’s tenure at Meetup. If you are a listener of my podcast, odds are good that you just’re acquainted with the main points of WeWork’s meteoric rise and fall, in addition to its notorious co-founder and CEO, Adam Neumann. At the peak of WeWork’s multibillion-dollar valuation frenzy, it acquired Meetup to bolster its popularity as a tech firm.

Related: How to Lead With Transparency In Times of Uncertainty

If you thought the depictions of Adam Neumann and WeWork’s company tradition had been exaggerations, David is right here to guarantee you that, if something, the media has downplayed his former boss’ eccentricities. He shares some juicy tales from his days working for Adam Neumann, together with a whopper a few WeWork govt who hit his head on a large gong laborious sufficient to get a concussion. If the WeWork highs had been excessive the lows had been even decrease, culminating in a failed IPO and the short sale of its property. When WeWork tanked, David was tasked with discovering a brand new purchaser for Meetup and sustaining workers morale proper because the pandemic started to rage the world over.

With these tumultuous adjustments all going down in his first few years on the helm of Meetup, it is no shock that David has a wealth of fascinating examples of creating robust calls when the stakes are excessive. In his guide Decide & Conquer, David shares his framework for making selections to achieve life and enterprise. We chatted about among the most typical decision-making pitfalls and reasoning biases that lead folks astray. It struck me how David’s response to a busy interval in his life was to replicate on the occasions by writing a guide. He even describes the method as one thing akin to remedy. Read it for your self to develop into a greater chief and a extra strategic decision-maker.

Related: 3 Strategies for CEOs to Improve Corporate Culture

Throughout our dialog, I used to be impressed by David’s honest ardour for his work. Meetup’s mission to carry folks collectively and finish the loneliness epidemic resonates with David on a deeply private degree. I can simply think about him coming alive at a Meetup occasion and provoking everybody there to start out mingling and spark actual friendships.

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