Keeping the Vision Clear
America's 10 Fastest-Growing Women-Owned Businesses in 2020
The toughest parts of
an entrepreneurial journey are also the best once you overcome the challenges.
It is a great motivation to know that no matter what challenges we meet along
the way, we can always find a solution and if we are willing to take risks and
make the hard choices there is nothing we cannot achieve. An entrepreneur who
has established a pioneering status by providing live online language education
is Marina Tognetti.
Believing that change is never easy and being innovative
meant that there was no set path one could follow, Marina had to discover the
way by herself, while keeping here vision clear and focused.
The beginning that
paved way for her entrepreneurial journey
It all started when Marina was on the lookout for
opportunities in China. The first step was perhaps to learn the Chinese
language. But being a busy manager, finding the way to learn the language was
not easy for her. She tried everything; from attending an evening school, purchasing
CDs/ DVDs, appointing a Dutch teacher trying to teach Chinese, to even trying
to learn from a Chinese student that failed to teach, and all these together
frustrated her even more. “If I were living in China- I thought- I could easily
find a good teacher! That was when the idea hit me: there are thousands of
teachers all over the world, I just need to use the power of the internet to
connect teachers with students. This is how mYngle was born. And languages were
something I was passionate about!” shares Marina when asked about the beginning
of her entrepreneurial journey.
Once mYngle had started, the biggest challenge was when she
had to ‘pivot’ from the initial business model to a completely different one. Marina
had launched mYngle as a marketplace, something she knew very well from her
previous experience at eBay. She thought all of it to be perfectly positioned
for her: Funding, Awards, PR, and a very motivated team. But something in their
business model was not functioning as they Marina and Co had expected. “We
listened to our customers and they gave us the new direction, from an open
marketplace to a quality global online school. That brought us in a ‘’different
place’’ where companies more than consumers were interested in the service we
were offering. The second ‘pivot’ was from B2C to B2B. That is the mYngle that
you see now,” she adds. The biggest lesson for Marina as she proudly recalls
was change. “Change is an essential part of being entrepreneur.” And that became
the key to success for mYngle.
An adept solution for
busy professionals
Today, mYngle has prestigious business clients and learners
all over the word, with tens of thousands of lessons given each month and 95%
of the learners rating the company’s service as nothing less than excellent.
mYngle offers customized language training programs through
video conferencing in 45 different languages anytime, anywhere. The lessons
offered by the company are one-on-one, with highly qualified native coaches and
is related to the job-position of the learner. Its virtual classrooms enable
learners to take classes 24/7. Simply put, mYngle is the solution for busy
professionals who need language training to be successful in international
business, and for companies that want great learning results and a transparent
and controllable learning process to make their investment a success. mYngle’s
lessons score is 4.8 out of 5.0, so the results speak for themselves.
Building a business from scratch is always challenging, and
furthermore, building a tech start-up boasting the potential to disrupt a traditional
industry like education is exponentially more challenging. The concept of
mYngle seems logical and sound today, but at the time when Marina started the
company, she had to resolutely push the idea forward as very few people
initially believed in the same. “One thing that holds most of us back is that
we care way too much about what others think. I never really cared much about
this, so my motivation came from inside, not outside, from the strong belief
that the vision was right, even if I would find a few challenges along the way,”
Marina emphasizes.
A journey of
learnings
Before founding mYngle, Marina had a successful career at
prestigious corporations like Procter & Gamble, Philips, eBay, The Boston
Consulting Group and others. She believed her experience in managing large
teams and wider budget pool, would make her task easier to manage a smaller
sized business. Unfortunately, she was wrong!
Marina’s entrepreneurial journey was completely different
than what she had expected. “Being an entrepreneur changed me a lot. I have
always been a risk-taker, as I lived and worked in different Countries, took
challenging jobs in demanding Companies, travelled the world, backpacked for
one year in remote locations, I like extreme sports… but now even more, as I
know that with time and perseverance, anything can be achieved and, in case
needed, adjusted or changed,” Marina asserts.
Marina’s decision and experience in founding mYngle, made
her learn to make the toughest of calls in the easiest of manners. Building a
company from scratch means that you have to be prepared to take decisions that
have high consequences. “I toughen up during the company pivot/turn-around. But
once I had done it, I realized that I was stronger than I thought I were.”
A constant urge to
improve and look for opportunities
When asked if she has achieved all that she had desired, she
firmly denied. She mentions it to be in her nature to constantly improve, and
it is in the nature of an entrepreneur to always see new opportunities or areas
of development. Marina doesn’t believe in standing still, which for her is
equivalent to going backwards. But, she also believes that it is now easier to
drive a company during its growth phase than during the initial turn-around. Her
biggest challenge was to do a pivot together with a company turn-around, and the
moment she realized that it all worked out well was when all the hard work had
finally paid off.
Marina’s advice to
women in careers
Whether you want to start your journey as an entrepreneur or
raise the corporate ladder: stop comparing. The stories you read about the few
that ‘got it all’ are rare exceptions and often exaggerated for public appeal. “Women
in particular tend to do injustice to themselves: if we are not perfect, we
feel we are not good enough. Let go of that. Let go of trying to imitate the
types of leadership you see around but which are not you, and be really true to
yourself. Don’t look around, look inside.”
That is why when Marina talks about her experience, she tries
to give the genuine picture of who she really is, including all her failure-induced
experiences, as all of them have collectively brought her to where she stands
today. A strong leader is not one without faults, we all have faults, but the
ones who are confident enough to be able to show his/her vulnerabilities
without being scared are the ones who make a difference. She advices all the
young women who are on the verge of beginning their career to remember: confidence comes not from always being
right, but from not fearing to be wrong.
A constant pursuit of
rising above challenges
Going ahead, Marina believes that the future challenge for mYngle will be coming up with more innovations and staying ahead as the market shifts from being in its novice stage to being more mature. It is a critical transition phase, wherein it is easy to rest on what is achieved and ignore the new and emerging signals. “The best way to overcome this, is for us to keep on being alert about what is happening around and especially listen to our customers. Customers are critical to understand if we are delivering the right value, if the business is moving in the right direction. This is something that not all education companies have understood. It is one of mYngle core values, the first and most important. I believe it is the key for rising above our future challenges,” Marina concludes.