How Success Happens Mike Steib, CEO of Artsy, on Being the CEO of Your Own Career
Nov 10, 2021
Mike Steib, CEO of Artsy and former head of XO Group Inc, shares insights on the evolving art market. He discusses how the pandemic accelerated digital transformation in the industry, making art buying more accessible. Mike emphasizes the importance of mentorship in his journey from South Jersey to CEO, and he advocates for valuing artistic careers. He also highlights the role of data in empowering art collectors, ensuring informed decisions, while navigating leadership in today's hybrid work environment.
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Discovering a Love for Leadership
- Mike Steib loved building and leading teams when he first got hands-on in creating a business channel.
- Hiring, budgeting, and managing operations gave him endorphins and a taste for leadership.
Transforming The Knot's Business
- At XO Group (The Knot), Mike transformed a stalled business by building software that managed wedding planning end-to-end.
- They 5x'ed the company’s value and sold it successfully, showing the impact of solving unmet consumer problems.
Democratizing Art with Technology
- The traditional art world is hard to access with complex, opaque buying processes.
- Artsy aims to democratize art buying by putting an art advisor in everyone’s pocket.