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Backing resilient founders from the CEO who turned Avon around during Covid
Manage episode 496005850 series 113249
Angela Cretu spent 25 years at Avon, rising from area manager to Global CEO, where she led one of the most remarkable corporate turnarounds in recent history. Taking over in January 2020 when the company was predicted to go bankrupt, she navigated COVID-19 as a new CEO and transformed one of the world's most recognised beauty brands.
After stepping down in 2024, Angela made a fascinating career transition into angel investing, focusing on supporting female founders. In this episode, we explore:
- How crisis leadership experience translates to evaluating founder resilience
- What 25 years of managing network effects teach about startup claims
- The psychology of transitioning from running a 5-million-person sales network to backing 3-person startups
- Why her corporate background gives her unique insights that other angels miss
- Her investment philosophy and approach to supporting female founders
Angela shares candid insights about the mental shifts required when moving from CEO to angel investor, reveals red flags she spots that others miss, and explains how her expertise in network-based business models helps her evaluate early-stage companies.
Whether you're interested in angel investing, corporate turnarounds, or career transitions, this conversation offers valuable insights from someone who's successfully navigated both sides of the investment table.
Connect with Angela Cretu on LinkedInLearn more about angel investing: www.syndicateroom.com
99 episodes
Manage episode 496005850 series 113249
Angela Cretu spent 25 years at Avon, rising from area manager to Global CEO, where she led one of the most remarkable corporate turnarounds in recent history. Taking over in January 2020 when the company was predicted to go bankrupt, she navigated COVID-19 as a new CEO and transformed one of the world's most recognised beauty brands.
After stepping down in 2024, Angela made a fascinating career transition into angel investing, focusing on supporting female founders. In this episode, we explore:
- How crisis leadership experience translates to evaluating founder resilience
- What 25 years of managing network effects teach about startup claims
- The psychology of transitioning from running a 5-million-person sales network to backing 3-person startups
- Why her corporate background gives her unique insights that other angels miss
- Her investment philosophy and approach to supporting female founders
Angela shares candid insights about the mental shifts required when moving from CEO to angel investor, reveals red flags she spots that others miss, and explains how her expertise in network-based business models helps her evaluate early-stage companies.
Whether you're interested in angel investing, corporate turnarounds, or career transitions, this conversation offers valuable insights from someone who's successfully navigated both sides of the investment table.
Connect with Angela Cretu on LinkedInLearn more about angel investing: www.syndicateroom.com
99 episodes
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