fbpx
Connect with us

Executive Voice

A Conversation with Spencer McClung – Principal of Advisory Firm Three

Spencer

Spencer McClung is an investor, advisor, entrepreneur, and executive in digital media and technology. He is currently a Principal at Advisory Firm Three, a firm that makes special situation investments through its fund Advisory Firm Three Holdings, LLC. The firm also specializes in management consulting and advisory work, with a focus on early through growth-stage businesses.

 

Spencer McClung helps entrepreneurs build and accelerate the growth of their companies, advising them in areas such as fundraising, strategic planning, revenue planning, operations, and team-building.

 

Before joining Advisory Firm Three, Spencer was EVP, Media and Partnerships at BFA/IPSY, where he was responsible for managing the company’s media business, which included programming/editorial studio, branded content, creative, sales/integrated marketing, business development, creator community, and events businesses.

 

Before Spencer McClung joined BFA/IPSY as EVP, Media and Partnerships, he was Chief Operating Officer at Kin Community where he was responsible for managing the day-to-day operations of the company’s programming, creator community, sales, business development, finance, strategic planning, HR and legal teams.

 

Spencer lives in Nashville with his wife and two children. He holds an MBA from Harvard Business School and a BBA in Finance with honors from Texas A&M University.

 

We had the opportunity to talk with Spencer McClung to hear about how he got to where he is now, and how a typical day is spent as an investor and advisor.

 

What does your day-to-day job entail?

 

I am fortunate enough to be able to partner with a group of advisors and investors to work with an amazing array of entrepreneurs in the digital space.

 

In a nutshell, through advisory work and capital support, we help start-up entrepreneurs grow their businesses. We assist them with finding solutions in key areas, like determining the company’s value proposition, product-market fit, developing a scalable platform and operations, developing their teams, and raising capital, among many other things.

 

My typical day is spent with CEOs and team members discussing ways to address these areas. I also spend a lot of time reaching out to our network of partners to help us find these solutions.

 

What is your favorite thing about what you do?

 

I love problem-solving with entrepreneurs. Launching a start-up is hard and there’s a lot you have to consider. This includes things like testing the value proposition, validating the business model, identifying and understanding the customer, providing the right solutions, architecting and building a scalable platform, developing a brand and voice, planning operations, building a team, raising capital, and the list goes on. These are common challenges that every tech entrepreneur faces and all need help to navigate.

 

To me, advising a CEO and tapping into their excitement and dream to tackle these challenges and build a great company is amazing. I am inspired every day by collaborating with entrepreneurs on ways to grow their businesses, nurture and equip their teams for success, cast their visions, and fulfill their missions.

 

What have you done before your current work?

 

Before my current role as an advisor and investor at Advisory Firm Three, I was an entrepreneur and executive in the digital space. I was EVP, Media and Partnerships at BFA/IPSY, which is the largest beauty subscription platform in the world. It has an avid community of over 25 million strong and over 180 million product reviews. I was responsible for managing the company’s media business, which included programming/editorial studio, branded content, creative, sales/integrated marketing, business development, creator community, and events businesses.

 

Prior to joining BFA/IPSY as EVP, Media and Partnerships, I was Chief Operating Officer at Kin Community which is a leading women’s lifestyle media platform for digital creators. I was responsible for managing the day-to-day operations of the company’s programming, creator community, sales, business development, finance, strategic planning, HR and legal teams.

 

Before joining Kin as COO, I was head of Corporate Development and a Board Member of CERECONS, a B2B SAAS healthcare platform. Prior to CERECONS, I held leadership positions in business development, advertising sales and finance at Yahoo!/Launch Media and Disney.

 

How do you bring ideas to life?

 

Collaborating with a team and bringing ideas to life as a group is one of the most fulfilling experiences in my work. There have been many problems I have solved or projects I’ve worked on solo, and there is a degree of satisfaction in that work. But for me, brainstorming and problem solving with a team of smart folks is deeply satisfying.

 

If you were to start again, what would you do differently?

 

I would correct some minor mistakes but I would not change anything major – my mind does not work that way. My life is not perfect, and I have made many mistakes, but I love my life and the people in it. If I changed anything major like school, career, my wife, etc. my life and the people in it would be totally different – so the thought process ends there.

 

I am grateful for the path I have walked – the good, the bad and the ugly – and mainly for the people dear to me.

 

Tel Aviv-born, an entrepreneur, CEO, manager, and marketing strategist. I have been working for some leading publications like Datafloq, Blogher, Engadget, Medium and other publication.

Advertisement defi

Join Disrupt Magazine

defi
Become A Disrupt Contributor

Most Disruptive

tezos and NFT tezos and NFT
NFT3 weeks ago

Beginners guide to NFTs: What are non-fungible tokens?

You have probably heard the word NFT hundreds of times so far. At first glance, you thought it only had...

Sports + Gaming2 months ago

What Motorcycles Are Good For Long Trips?

Motorcycles are all about freedom. But the question is: how often do we really go out there and enjoy the...

Executive Voice2 months ago

3 Ways Maternal Instincts Give Women In Leadership An Advantage

As the landscape of gender roles continues to be redefined, these 3 experts agree that their maternal instincts provide an...

Executive Voice3 months ago

The Queen of Title: How Powerplayer Rachel Luna is Disrupting the Title Industry Through a Modern Approach

Rachel Luna has made quite the name for herself within Texas’s title real estate business as the Title Queen and...

Executive Voice3 months ago

Nancy Almodovar: The Latina CEO Who is Disrupting the Status Quo of the Luxury Real Estate Market

It comes as no surprise that Nancy Almodovar, the CEO and founder of Nan and Company Properties, is one of...

Business3 months ago

How To Nurture Talent Within Your Business

Your business can only succeed with talented workers on the payroll. Luck and even strong economic conditions will only get...

NFT4 months ago

Solana’s value plummets below $98 due to a Wormhole Exploit

Many people thought blockchain technology was robust, secure, and virtually “unhackable.” However, the crypto world has faced several hacking incidents...

NFT4 months ago

Polly Kole, The Beauty With Gifted Hands Tycoon Of NFT Sculptures

In a society full of stereotypes, people clinging to appearance and disregarding one’s achievements is the magnificent Polly Kole stunning...

gold and black round emblem gold and black round emblem
Cryptocurrency5 months ago

Bitcoin’s Volatility Explained

Since cryptocurrency was introduced in 2009, it has become a very controversial subject for both critics and supporters. One of...

News5 months ago

Spider Man; No Way Home’, Crushes Box Office Estimates Generating A Mammoth $253 Million In North America.

After only 3 days in the cinemas, the latest and last Spidey outing disrupted the international market as the highest-grossing...

Trending

Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.