Working remotely has been good for Roxanne Varza. However the coronavirus pandemic introduced a brand new administration problem: the right way to flip Paris-based tech hub Station F, centred round a bodily constructing, right into a distant help service.
Six years in the past, Varza acquired an e-mail out of the blue from French billionaire businessman Xavier Niel that led to him providing her the job of operating Station F, a former railway terminus within the centre of the French capital, which has grown underneath Varza’s management into Europe’s largest hub for tech start-ups.
When she acquired the e-mail, Varza, 36, was working with start-ups at Microsoft and knew Niel solely a little bit via her earlier roles as a expenses d’affaires within the US workplace of the Spend money on France company after which as editor-in-chief for the French bureau of Techcrunch, the net IT business writer.
“He requested me whether or not I had hassle with jet lag and I didn’t actually know what he was getting at,” she says.
“Then he requested me if I might go go to some comparable start-up areas world wide and are available again with some concepts. He stated, ‘Effectively, if this challenge pursuits you what do you need to do?’ And I stated, ‘Effectively, I’d love to do every little thing’. And he stated, ‘OK, properly, why don’t you?’”
Station F is now house to 1,000 start-up groups, offering assembly house for buyers and laboratory house to make bodily product prototypes. It’s all finished on a scale unrivalled on the continent.
It additionally provides a roster of greater than 30 start-up help programmes to assist nurture the ambitions of its tenants Their lease supplies half of Station F’s income and the operation broke even simply 12 months after it opened its doorways in July 2017.
After six years of progress and success, nevertheless, the coronavirus pandemic meant Varza needed to rethink how the hub might function off-site.
We first discuss over video throughout the first French lockdown, the place she was quickly primarily based at a good friend’s vacation house within the Loire Valley. From the picture on the display, Varza appears relaxed. Nevertheless, she additionally says she has many issues concerning the months forward.
“It’s positively powerful,” she says. “The issue actually is that there’s solely a lot you could reduce on. We’ve got needed to reduce most of our occasions and halt building-related initiatives, which truly is a sizeable funding for us. However there’s actually solely a lot cash you’ll be able to play with on this state of affairs.”
This new problem pushed Varza to be taught from Station F’s entrepreneurs. Disaster is commonly a superb time to start out a brand new enterprise, however success means retaining operations lean and specializing in matching prices to no matter revenues you’ll be able to generate.
“The message is similar for us as it’s for the start-up groups, shifting from progress plans to disaster containment and remaining in operation till this passes,” Varza says.
“We’re truly simply doing the identical factor however cutting down. We’re simply actually slowing down something that’s not pressing in the intervening time and simply making an attempt to reorganise the staff.”
With the bodily web site at Station F closed throughout the first lockdown, Varza made the assembly house for members digital, changing as most of the occasions as she might into on-line gatherings and offering help for the tenant entrepreneurs via video calls to their houses.
“We’re nonetheless internet hosting numerous workshops on-line, we’re particularly making an attempt to work with our start-ups to assist them navigate the tough time and discuss to them. So, we’ve finished a variety of on-line workshops and issues like that.”
Varza grew up in Palo Alto, a San Francisco suburb within the coronary heart of Silicon Valley, however says she had little interest in expertise entrepreneurs throughout her childhood and had no ambitions to enter the tech sector whereas at college.
Her epiphany got here when she graduated from college and bought a job on the Spend money on France company in San Francisco.
“The job concerned speaking to firms like Fb and Twitter about organising workplaces in France,” Varza says. “As quickly as I got here in contact with these tech entrepreneurs it was infectious. They had been so optimistic.
“Now I like speaking concerning the tech too however it’s actually the tales that these individuals inform about constructing their companies, and the ambition of their concepts, which is most necessary to me.”
She provides that she has additionally learnt to worth the advantages of being surrounded by entrepreneurs at a time of disaster when individuals have to co-operate extra carefully.
“Our complete neighborhood has come collectively to share completely different provides,” she says. “Plenty of them present their very own merchandise at free or decreased pricing to the Station F neighborhood.”
A part of the problem of managing Station F throughout the lockdown is balancing completely different wants of various start-up groups. The pandemic has been devastating for a lot of small companies, however Station F additionally accommodates new ventures which might be growing providers and merchandise properly suited to present circumstances.
“I’ve some start-ups that most likely can be actually negatively impacted and doubtless need to cease their actions, most likely scale back their groups fairly a bit.
“However we’ve seen others which have truly seen an uptick of their enterprise as a result of their enterprise truly actually serves a necessity throughout the disaster.”
Station F has been in a position to stay sustainable by ongoing help from programme sponsors, together with Fb, Microsoft and Adidas, however has additionally needed to reduce its investments and give attention to survival.
The necessity to maintain switching roles is a necessity for entrepreneurs, constructing a enterprise from scratch. It was the identical with Station F earlier than the Covid-19 lockdown occurred, in response to Varza.
“I’ve by no means had a day at Station F that appeared the identical,” she says.
Varza needed to handle her personal time in another way whereas working from house alongside her husband, Ning Li, co-founder of on-line house furnishings retailer Made.com, comparable to sharing childcare for his or her younger daughter.
Three questions for Roxanne Varza
Who’s your management hero?
I must say Xavier [Niel]. I like his management model. He’s not very current in actual life however he’s very current on-line. He does every little thing by e-mail, he normally responds with one phrase and responds inside 5 minutes of you asking him. I discover him very efficient. He’s all the time very clear. You already know the place you stand.
What’s an important management lesson you’ve got learnt?
Having issues which might be measurable is essential. Within the early days of Station F I solely had a staff of 10 individuals and we had one predominant goal: to get the location open.
As we now have grown to a employees of 40, we now have many goals so you will need to be capable of measure how we’re doing on every merchandise.
What would you be doing if you weren’t working at Station F?
I couldn’t do something exterior the start-up universe. I might most likely be working at a start-up.
We communicate once more on video after restrictions in France have been lifted sufficiently for Station F to readmit its start-up groups, though social distancing signifies that solely a proportion of them could be in on any day.
It’s arduous to learn Varza’s temper as a result of her expressions are hidden by the masks she should put on indoors, however the return to the workplace has had an affect on her.
“Probably the most tough moments weren’t going into that first lockdown, however popping out of it and opening a large house like this while you don’t actually have all the knowledge you want from the federal government,” she says.
She is glad to be again within the workplace, however her house life is clearly additionally a help throughout this time.
“I do know, in my thoughts, it’s non permanent and I do know it’s obligatory, however while you begin speaking concerning the disaster nonstop, clearly, it brings all people’s temper down a little bit bit,” she provides. “It helps having an entrepreneur round the home, lifting your spirits.”