Myriam Cosío, Clip | Accelerating Your Career and Scaling Startups Efficiently [Ep. 84]

The audio and video are in Spanish. These notes are a translation.

Our guest today, Myriam Cosío, left her role as vice president at American Express in 2015 to join a “tiny” startup called Clip.

Today, Clip is a unicorn and one of the most important fintechs in Mexico.

Myriam, for her part, went on to become COO and a member of the board of directors.

Today Myriam gave us a master class on how to choose the right startup to join and how to take advantage of that experience to accelerate your career. We also talked about creating processes, recruiting, and the role of the COO in solving the challenges of scaling a company in hypergrowth.

To date, Clip has raised more than USD $300 M from investment funds such as Softbank, General Atlantic, and Dalus Capital.

Youtube Timestamps*

[1:30] - How to Build a Career in Startups

How did Myriam get into the fascinating world of startups?
What were the key arguments that motivated Myriam to make the decision to leave her position in order to join a startup?
Investors and founders say that Myriam has had a key role within Clip. What has been the progression of her role at Clip, and how did she become a key leader so quickly?
What were Myriam’s key moments for standing out that changed her trajectory within Clip?

[19:35] - Scalability and the COO Role

What differences has Myrian found in Clip’s operational challenges in its early stage and currently as a mature company?
How does Myriam handle the hypergrowth stage in the company without neglecting customer service quality and the team’s culture?
How does Myrian make sure to create processes that facilitate hypergrowth, without affecting the company’s speed of innovation?
When does it make sense for Myrian to hire a COO to take charge of the processes?
Myrian had many doubts about joining Clip, and now she participates in recruiting for executive positions. What are Myriam’s keys for recruiting an experienced executive for your startup?
What does Myriam believe is the right moment to recruit experienced executives instead of younger candidates with a lot of hunger?
Adolfo, CEO and cofounder of Clip, has highlighted that Myriam’s role has been key to scaling Clip. From her experience, how does the CEO’s role have to evolve, according to Myriam, as the company scales and stops being a startup?

[44:48] - Future of Fintech

How does Myriam see the future of cash use in Mexico? Can it really go down?
How does Myriam see Clip’s 5 to 10 year vision?

[49:58] - Tweet Round

Recommended book by Myriam
Changes Myriam would like to see in the Latin American startup ecosystem
Founder Myriam recommends interviewing

Episode Mentions

You can find Myriam on LinkedIn

Recommended books:La bailarina de Auschwitz by Edith Eger

Founders to interview: Juan Carlos Viramontes of MIT

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Follow Enzo Cavalie on X: @enzocavalie.