Jump to content

* * * * *

CubeSocial's Linda Cheung Talks About Her Journey To Become A Social Media CEO

We catch up with CubeSocial's Linda Cheung to ask her about her journey from leaving her job Morgan Stanley to becoming a social media CEO.

So Linda, how did you come up with the idea for CubeSocial and then decide to take the leap and turn your idea into a reality?

If you had told me two years ago that I would leave my fast paced London career and social life of theatre, galleries and restaurants for a leafy suburb in rural England, I would have laughed out loud. But that’s exactly what I’ve done.

Back then, I had less than a dozen connections in LinkedIn and had never used Facebook or Twitter. Today, I’m leading a software company that’s all about winning business through social media. It’s been quite a journey.

If I’m honest the change had been coming a while. It wasn’t that I didn’t enjoy my 13 years in banking, but much as I had loved the buzz of London and working in a large company, I’d always had a yearning to run my own business one day.

More personally, I received a massive jolt when my father passed away. The last thing I wanted to feel was that I was treading water when life was so short.

At the same time, I was experimenting with social media and achieving surprising results. I saw how traditional best practices still applied online and how I was able to reach a much larger - yet more targeted - audience. This realisation formed the basis for CubeSocial.

What's the business model for CubeSocial?

CubeSocial is social CRM for professionals – we enable you to easily manage your contacts, tasks and social media conversations to win business through social media. We have a simple subscription business model. The price is a flat £9 per user per month, but we also offer a free account that allows you to manage up to 500 contacts.

We are the only product specifically designed for professionals (eg. financial services, lawyers, consultants) to interact with social media.

When you built your team, what are the key qualities you looked for to ensure the success of your business?

I was clear from the outset that we should hire talent and attitude, and create an environment where everyone would want to grow with our start-up.

I had worked in a start-up environment before, leading part of the team that launched the Morgan Stanley credit card. That was very different from now, in that Morgan Stanley effectively gave me a blank cheque book to go out and hire anyone I wanted.

The things I look for now in prospective employees are entrepreneurial spirit, a positive outlook and something that demonstrates that they aren’t daunted by the challenge of creating something from nothing.

What's your marketing strategy and what has been the most effective source of new customers for CubeSocial so far?

We have used CubeSocial – to the exclusion of anything else – to promote our business through social media. To date we have gained local, national (The Guardian) and international (Wall Street Journal) press coverage, all without spending a penny on marketing or PR!

One marketing agency told us we had received publicity worth tens of thousands of pounds.

So what's next for CubeSocial?

I was delighted that CubeSocial closed 2011 by being named a Top 20 Startup and has started 2012 as a Local Business Accelerator competition winner and being listed as a One to Watch by analyst firm Index B.

We have bootstrapped CubeSocial this far, but the next step will be to take on external funding during 2012 to accelerate growth.

What lessons have you taken from your successes &/or failures?

Lots of people will ask you for free advice as a start-up. The reality is that you can’t go around giving your time for free as you build a business. We have learned to identify and cut out time-wasters much more quickly.

Do you lie awake at night sometimes thinking about the company? What aspects of it specifically keep you awake?

I don’t lie awake exactly, I just don’t go to sleep!

Seriously, I get very excited about all the things I am doing and the opportunity we have to change the way millions of professionals do business. I have always been a bit of a perfectionist and when you have so many hats to wear (at CubeSocial I am the CEO, sales director, customer services rep, tester and chief tea maker), the day just whizzes by. I often joke that I need more than 24 hours a day.

If you hadn’t chosen entrepreneurship, what alternative career path might you have pursued?

I came to entrepreneurship relatively recently from a 13 year career in financial services.

Much as I have always wanted my own business I very much enjoyed my time in the corporate world. I thought it a privilege to work with amazingly talented people and never bored of the diversity – simply hearing all the different languages spoken as I walked to and from meetings would always make me smile.

I know that a likely exit is acquisition by a much larger business. So I guess it’s possible I could end up back there, and I wouldn’t mind that at all.

Is there a moment in the history of your company which you remember as the highlight so far?

A journalist tweeted about passing though grim Basingstoke on a train and asked if there was anything good about it. I replied saying that I had just left London to live there and it wasn’t all bad. That led to an email exchange and being asked to write an article on 'Why I left London for a start-up in Basingstoke.' A couple of days after that was published, the BBC phoned – so we have a lot to thank social media for!

What is one lesson about leadership you learned from a boss or mentor?

Early on in my career a male boss was fuming about a female colleague and advised me “as you get more senior, don’t lose your femininity”. Working in a male dominated environment I learnt that being in a minority has its positives. It was easier to stand out and be remembered and a female voice could add a different perspective to heated discussions and calm fraught situations. (Of course you would also be remembered if you said something stupid!)


Company Information

About us
Privacy Policy
Terms & Conditions
Contact us

Partner Links

Entrepreneur Connect
Talk Business Magazine
Matt Gubba

   Receive Free Email Updates

Follow Us On...


Copyright © 2012 Business Circuit
All Rights Reserved.