Business

3 Best Business Tips, According To Stacy Brown-Philpot, CEO Of TaskRabbit

Published

6 years ago

August 5, 2018

Stacy Brown-Philpot knew the power of representation early on in her career. As an intern for a black partner at an accounting firm in the 1990s, she thought it was something that she could accomplish because she saw somebody that looked like her. And she became became one after graduating from the University of Pennsylvania’s Wharton School of Business. Soon after, Stacy moved on to become an investment banker at Goldman Sachs.

Stacy’s next move was to Google where she assumed a series of leadership roles. There, she founded Black Googlers Network, an employee resource group. Now, Ms. Brown-Philpot is chief executive officer at TaskRabbit, an online and mobile marketplace that matches freelance labor with consumers looking to get everyday tasks accomplished.

Proud to host these 2 inspiring women at TaskRabbit HQ today for an insightful and humorous chat with @sbp04 on success, failure, and owning who you are. Thanks for joining us, @ariannahuff & @badassboz! pic.twitter.com/dHETA4Q2Fk
— Taskrabbit (@Taskrabbit) July 31, 2018

In an interview with The New York Times, Stacy said her first job was actually as a chief in a paper route business she had with her brother. “I would help him collect the money. I was like a C.F.O. of that operation, making sure we get paid,” Stacy said. Now, as one of the few black executives in Silicon Valley, she says she faces discrimination that no black person is spared from, whether with a paper route or with a growing tech company. “I get discriminated against all the time. No one thinks I’m a C.E.O.,” Stacy said.

No amount of discrimination and stereotype can take away what Stacy has been able to accomplish in her business career. But what are the best practices that have driven her to success?

According to an interview she gave to Forbes, Stacy’s 3 best business tips are:

1. You accomplish what you measure.

2. Scarcity brings clarity.

3. Doing your best in this moment puts you in the best possible position for the next moment.

After selling TaskRabbit to Ikea and expanding to more cities, Stacy believes the tech company will help spearhead job creation in every community it enters.