We had the good fortune of connecting with Kim Kovacs and we’ve shared our conversation below.
Hi Kim, what role has risk played in your life or career?
Many would think that getting into the cannabis industry was one of the biggest career risks I’ve made, but for me, it was a very calculated and planned move so not that risky after all. I am actually very risk-averse. I keep most of my investments in cash vs the stock market and I hate leaving things to chance. I use data to help me make decisions and take the emotion out as much as possible. Good data and a little foresight will go a long way in helping to de-risk decision making. I also tend to look at risk as an opportunity that most people won’t touch so it makes it actually more attractive. If there are a lot of people doing it and it’s easy, then it will be harder to be successful in my opinion.
Alright, so for those in our community who might not be familiar with your business, can you tell us more?
I am a leader who exemplifies the idea of making life happen. As a woman who has had a career in executive leadership and finance, I truly don’t place limits on myself or my team. I look carefully to identify holes in the market, areas for opportunity or growth, and ask for what I want to make happen —all while keeping an eye on helping other women do the same. As a serial entrepreneur and investor in software-as-a-service, technology, cannabis, and health, I have personally raised more than $100 million for different ventures over the years. Plus, as an active angel investor, advisor, and executive consultant I’m able to engage with emerging companies I’m passionate about. The entrepreneurial ecosystem and mentorship of young entrepreneurs keeps me inspired and fuels constant improvement. As I lead the team at Arcview, I’m reminded of a quote from Simon Sinek, “You’re not in charge. You’re responsible for those who are in your charge.” This statement rings true for me because I invest a lot of effort into relationships in order to create a culture of trust and lead with purpose. I’ve been coined as a transformational leader because I’m focused on clear communication, goal-setting, and employee motivation towards meeting the organizational objectives. This enables me to focus on the big picture and empower teams that can handle many delegated tasks without constant supervision. This requires high levels of trust and cooperation, so it’s important to have the right team members in the right roles with the right sense of purpose. My current mission at The Arcview Group is to deliver the Arcview AdvantageTM through education, resources, insights, leadership, and access to offer growth opportunities across the cannabis sector for investors, companies, our Arcview Community, and those wanting to explore this essential industry. When building a team, I look for people who are dedicated, hard-working, and passionate. When people are working on something they believe in, then you get their best effort. Whether its belief in a cause, belief in the company, or belief in each other. I try to nurture the beliefs that motivate each person in order to get the best results out of the team
The Shoutout series is all about recognizing that our success and where we are in life is at least somewhat thanks to the efforts, support, mentorship, love and encouragement of others. So is there someone that you want to dedicate your shoutout to?
I initially entered the cannabis space as an investor to raise awareness around the usage of cannabis to fight the nation’s opioid epidemic. After watching a relative with chronic pain make the switch from opioids to cannabis, I felt the need to get involved. As a result, I have been able to help women take powerful ownership over decision-making in their health and wellness. Something that many people aren’t aware of is that a lot of the things women are suffering from—sleep, pain, and anxiety—could all be treated with cannabis. My ShoutOut here would go to Jennifer Chapin at Kikoko Tea who inspired me to take the leap based on her story, the deep desire to help other women and to create a brand that is for us by us.