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Business In Vancouver Magazine
Names Sharka Stuyt Top 40 Under 40 December 28 - January 3, 2000 Forty under Forty B.C.'s business upstarts prove the power of ambitionIt never fails: every year there's at least one Forty under Forty winner who's story makes me want to pack my bags and head for the hills. This year, the honor goes to Sharka Stuyt, who arrived in Canada as a Czechoslovakian immigrant, doggedly worked her way through university at night, climbed the high tech corporate ladder during the day, then, magically, landed at Pivotal as employee #12, launched the firm's flagship products and made her millions.
As I spoke to Stuyt about her story, there was no hint of arrogance or self-importance. Instead, she exuded the quiet confidence of someone who has made their own fortune and who doesn't take good luck for granted.
As a person under 40 myself, that conversation with Stuyt left me frantically reworking my own goals and deciding that, yes, it's time to push the bar up just a bit higher. And that's great -- it's exactly what Business in Vancouver set out to do when it created these awards in B.C. nine years ago. The 320 people we've featured in this space over the years are true examples of what happens when you combine gut-wrenching ambition with hard work, great ideas and a dose of luck. In short, these stories reveal our possibilities -- both as individuals and as a province. During this holiday season, I encourage you to take the time to read through them. I guarantee you'll come away recharged for the new year.
Thanks are due this year to our judges, Suromitra Sanatani of the Canadian Federation of Independent Business, and John Winter, president of the B.C. Chamber of Commerce. Business in Vancouver also appreciates the support of sponsors Deloitte & Touche and Royal Bank, who will host a reception for the winners in February.
To be a winner, you had to be a "top performer in a business environment, public or private," live or work in B.C. and be under the age of 40 on December 31, 1999. And yes, we're already on the prowl for the class of 2000. Please send your nominations to Noel MacDonald Sharka Stuyt, 32 Director of marketing, Pivotal Corp. Sharka Stuyt knows all about making something out of nothing. When she was one-and-a-half, her family fled from Czechoslovakia to Canada. Her parents, in their 30s at the time, moved to North Vancouver and started their lives over again."I grew up with the belief that I could do anything I put my mind to," said Stuyt. After graduating from high school, she joined Bedford Software in 1987 as a marketing manager. During the day, she worked on new ways to raise the company's profile, launching Bedford Accounting and Simply Accounting into the U.S. and Australian markets. At night, she drove up the hill to Simon Fraser University to take classes toward her business degree -- a process that took her six years to complete
International software giant Computer Associates snapped up Bedford in 1989, and Stuyt moved on to become vice-president of sales and marketing for Stratford Software in Burnaby. The company was working on a proprietary online information service and access software, a technology Stuyt now sees as being "just too early." Soon after joining Stratford, Stuyt was offered the CEO position, but she declined, saying that at age 23 she would be in over her head.
She went on to work as director of marketing for ATI Technologies in Toronto, then made her big score, landing at Pivotal Software (now Pivotal Corp.) as employee No. 12 in 1995 (the company has since grown to more than iver 600 employees). As director of marketing, she launched the company's flagship customer relationship software. This year, Pivotal's stock rocketed, boosting Stuyt's personal wealth into the millions.
In between it all, she took 10 months off to travel the world, got married, had a son, started her executive MBA at SFU and became active in the B.C. Technology Industry Association.
She is now contracted back to Pivotal as director of marketing and is heading up a venture capital pool called Tech Growth Partners that she hopes to take public in January.
She's also looking for some more meaning and purpose in her life." I could die tomorrow and who would care how many products I've launched," she said. "I'd like to see how I can help."
Stuyt chalks up much of her success to her creativity, as well as her ability to stay flexible and not become too attached to her strategies. "If the environment changes overnight you have to go with it. You have to embrace change... In high tech, if you can do the job you can rise in the ranks very quickly," she said. * Who is your corporate role model? Anita Roddick, Body Shop founder - "She's taken her core values and beliefs and used business as a means to fulfill them."
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