Career Story: Startup CEO
Jon is CEO and co-founder of a startup. He talks about prioritizing business by taking a smaller salary at his own company.
My name's Jon Mattingly.
JON MATTINGLY, 26
CEO AND CO-FOUNDER, KODABLE
I'm CEO and Co-Founder of Kodable.
I am 26 years old
and I make $75,000 a year.
So Kodable is a startup.
We're located in Sunnyvale, California
in the middle of Silicon Valley.
We have a programming
curriculum for elementary schools.
We start kids in kindergarten.
We teach them basic programming logic
and by the time they're
done with fifth grade
they can learn JavaScript.
So our mission at Kodable is to teach
every student in the world
about computer science,
not just in the United States
but all over the world.
We've been used by a little over half
of the elementary schools
in the US already.
We're used in over 180 countries
around the world.
So I'm the CEO and Co-Founder.
That means that one, I was crazy
enough to start my own company,
and two, I run the day-to-day aspects
of the company as well.
So I'm a Technical CEO,
meaning that I can program
as well as run the company.
A lot of what I do
is work on our product.
I built the first version
of everything that we have now.
I don't work as much on it anymore
but I work on our website,
our backend servers,
I might work on our game
or our teacher dashboard
programming-wise.
I also run our HR,
do some of our marketing,
our support, I answer support
questions from teachers daily,
email, a lot of different things.
The CEO's biggest job at any stage
is to make sure the company
is moving in the right direction.
When you're a smaller
company like we are
you do a lot more of the grunt work,
you do a little bit of everything,
but as you get bigger it's
your job to really understand
the big picture, so understand
where the company is moving
and then you've got
all of these different
pieces that you need to make sure
are all working in harmony
to push in that direction.
The time I actively spend
focusing on my startup,
probably about 12 hours a day.
So right now I make $75,000 a year.
For the first few years at Kodable
I actually didn't take a salary.
That's pretty common.
The time length that it takes
to not take a salary is different
depending on the company,
but I didn't take
a salary for a while.
When we were able to raise
some money from investors
I was able to take enough.
I pretty much decide
what my salary is,
and my theory behind this is that
I need to pay myself enough
so that I can pay all my bills,
pay my expenses,
not worry about money,
not be worrying about how
I'm gonna make rent next month,
but other than that anything over that
needs to go back to the company.
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