Founder / C-level Mgmt
COO & Founder - Descubre

Polymath
Bogota D.C, Colombia

About Descubre

We have been diving into the Beauty sector in Latam, focusing specifically on women. We are excited about the Beauty sector because we (now) understand how deep a role beauty plays in the lives of middle-class women. Not only do they spend large amounts of time (and money) on beauty but it is altogether deeply important to them. 
 
We are testing multiple concepts but overall, we are excited about dynamics we are finding of a new generation of women moving away from traditional channels like direct sales. For now, we are using the name "Descubre" as our placeholder concept name. Get ready for more beautiful details to come!


About the role

The Founder & COO will work alongside the Founder & CEO in leading the company's strategy and processes in the early stages and manage the growth of the business far into the future. The responsibilities will include supply chain management, product implementation, and quality control. The COO will be supported by a group of experienced Polymath partners and analysts.

The COO should be able to lead the business through the ambiguous and complex initial stages of the business. The COO will help carry the team from initial concept to full implementation, making sure all key components are in order (product, ops, human resource strategy, finance, etc.) for launch, as well as consistently iterating these areas in the acceleration stages of the company. Once product-market-fit and the unit economics are proven, the COO will lead the operational side of the venture through the growth stages of the company, building the right team, expansion model, financial model, and operational model to achieve a company with 100s of locations in Colombia and beyond.   

What we are looking for

  • 6+ years of relevant experience in operations
  • Incredible analytical horsepower
  • A track record of effective strategic thinking in business operations
  • Passion for helping people grow professionally
  • Flexible, quick thinking and learning
  • Great risk appetite
  • Strong leadership abilities
  • Commitment to growing a promising venture in Latin America
  • Complete fluency in English and Spanish

Important comments on compensation and risk-taking

We work in a highly entrepreneurial environment, with the expectation that all parties involved take real financial risk to build a successful company and thus produce life-changing financial outcomes.

As opposed to building a company on your own, Founders receive salaries on day one. However, within the Polymath model, senior Founders are expected to take significant haircuts from their market salary. This is well-overcompensated for through substantial equity ownership in the business. Thus, should the business be successful (which we do everything in our power to accomplish together), the financial outcomes will be many times more than the financial risk taken.

We realize that starting salaries are well below market salary. But given the substantial levels of equity participation, and the need to give the business as much runway in the first year to prove success, this is the entrepreneurial reality. And after further rounds, the salary does go up to more reasonable levels, though will never reach full market salary (this is entrepreneurship and we want risk takers!)

A few of Polymath's successes so far

  • 6 ventures launched since late 2012
  • Over 300 people employed across the Polymath group
  • All ventures have raised external rounds of capital
  • Táximo, our first company, is now the largest taxi administration company in Colombia, and the founders have become Endeavor Entrepreneurs; the company has also opened an office in Peru.


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About Polymath

Polymath Ventures is a company builder for emerging markets. Using a combination of business and design-thinking, Polymath creates new business ventures — from scratch, to scale massively across Latin America. Our companies address the latent needs of the growing middle class through innovative products and services.



More about Polymath
7

Fully operating companies designed, launched, and grown in four years

250

Talented and passionate individuals from across the globe working to build great companies

$22M (+40M Fund)

Funding raised for our ventures + our investment vehicle with Mesoamerica

3

countries where our companies operate