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THE YCEO: Founder of TaskRabbit, Stacy Brown-Philpot Shares 3 Best Business Tips All Entrepreneurs Should Know

CEO of TaskRabbit and a member of the Board of Directors of HP Inc and Nordstrom Stacy Brown-Philpot knew the power of representation early on in her career.

The Detroit native studied at Penn and Stanford, worked for Goldman and Google, and now runs the gig economy pioneer that Ikea acquired in 2017.

Stacy Brown-Philpot didn’t grow up aspiring to be the chief executive of a technology company. Instead, she wanted to be an accountant. While interning at an accounting firm in the 1990s, she worked for a partner who happened to be African-American and thought it something that she can also accomplish.

On graduating from college she joined Google, where Sheryl Sandberg became a mentor. At Google, Ms. Brown-Philpot assumed a series of leadership roles and founded the Black Googlers Network, an employee resource group.

After nine years at Google, she joined TaskRabbit — which lets people hire freelancers for odd jobs — as chief operating officer. She became chief executive in 2016, and last year, she sold the company to Ikea, the Swedish furniture giant.

No amount of discrimination and stereotype can take away what Stacy has been able to accomplish in her business career. But what are the best practices that have driven her to success?

According to an interview she gave to Forbes, Stacy’s 3 best business tips are:

1. You accomplish what you measure.

2. Scarcity brings clarity.

3. Doing your best in this moment puts you in the best possible position for the next moment.

After selling TaskRabbit to Ikea and expanding to more cities, Stacy believes the tech company will help spearhead job creation in every community it enters.

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