Site icon CXO Business Magazines

Jennifer Davis: An Affluent Women Leader with Remarkable Success

Jennifer Davis | Co- Founder | Davisware, Inc | Cxo Inc Magazine

Is there a profession in which women haven’t been able to make a remarkable impact? The obvious response is no! We see driven women becoming exceptional leaders, innovators, pioneers, revolutionaries, and more.

Doing a fervent search in the profound pool of leaders introducing cutting-edge technologies, we have brought a vignette of a passionately dedicated leader and changemaker.

This exclusive story depicts the victorious journey of an amazing woman leader, best-selling author, speaker, wife, and mother—Jennifer Davis. She embarked on her journey of creating technologies when she was just 17 with her husband, which later morphed into a multinational enterprise with employees in India and the US. Throughout the journey, Jennifer and her spouse acquired numerous skills, such as outsourcing, platform conversion, and bootstrapping, to grow the company with $20 million in annual revenue in 2019 after enlisting Serent Capital as a capital partner. The remarkable woman continued to serve as president and CEO before stepping out of day-to-day operations in 2023.

Jennifer Davis continues to remain in a board capacity and is actively involved in market functions. Since that exit, she has joined a few other boards, most notably Hauler Hero, as well as launched her start-up, BExponential, LLC, which aims to assist women in finding a way to achieve success without losing their happiness.

The Key Inspiration Behind Establishing Davisware

Jennifer Davis found a job to be done and a problem that could use her skillset. They had no idea what they were truly getting into. She comes from an entrepreneurial family. After graduating from college, she decided to give up on her dreams of becoming an educator. At that time, she considered herself the industry leader, leading a market in dire need of technological advancements. She adores the trades and knows that giving them technology skills is akin to “rocket fuel in rocket ships.” The trades are an industry with limitless opportunities that can grow exponentially with the use of technology.

BExponential

Currently serving about 500 members, BExponential is committed to working with companies to help them obtain EmpowerHER certification. BExponential helps create a framework for success for women that includes relevant life content (both personal and professional), product and tech recommendations exclusive to the community, and a community platform that pairs them with other growth-minded women who are seeking success without sacrificing joy. They debunk the myth that they have a work life and a home life at BExponential. They only have one life, and they want to help them create a life where joy and success coexist. Through BExponential, they also serve as keynote speakers, executive coaches and host leadership retreats with executive women from all walks of life.

Revolutionary Tech Advancements Over the Years

When Jennifer and her husband commenced on this journey, it was all green screen, and they laid out software using graph paper. They saw the transition from mainframe to desktop to web server systems, as well as the introduction of the graphical user interface (GUI). They have witnessed the successful transition from a dream to a successful reality in outsourcing. The internet didn’t even exist for nearly the first ten years since the company incorproated.

These were all huge, but to be honest, she thinks that AI creates a world that will be even more revolutionary than all of them. Despite all the fear (and much of it is real), some amazing things will come out of AI that will further advance technology and create an organized pathway to learning that doesn’t require schools. She believes that the idea of “just in time” learning gives people the ability to have the information that is relevant to them at the right time. AI brings organizations to a very chaotic internet of data.

The Impact of Technologies on Shaping the Industry

The primary issue in the fields that Jennifer currently surrounds herself with is the loss of expertise from previous generations. New business owners are losing knowledge at an unprecedented rate. That knowledge can be recaptured and shared through the use of technology combining AI with robotics and wearables to help the newer, younger field team learn on the go. The other area that Jennifer sees impacted is the use of 3D printing in the field, where service vehicles will no longer need to be outfitted with expensive and hard-to-manage inventory. Alternatively, a subset of their inventory can be printed in the field, increasing first-time fix rates and simplifying operations.

The Significance of Innovation to Stay Ahead of the Curve

As the world if evolving so rapidly, everyone should focused on the latest innovation. However, there is a distinction between being aware and knowledgeable about innovation and being on the bleeding edge of technology (vs. the cutting edge). A common error made by start-ups is to chase after the shiny object rather than concentrating on their main business and initial mission.

Maintaining a Perfect Balance Between a Successful Career and a Family

The mindset of knowing she only had one life enabled Jennifer to achieve professional success while enjoying her personal live. A lot of people talk about balancing their personal and professional lives. It’s a myth. You will remain dissatisfied and chase a world where you trade happiness for success until you realize that you only have one life to live.

People forget that the definition of balance means that there is sway. Sway is the idea that there isn’t “equality” between the goals; rather, they ebb and flow harmoniously together. You fail when you don’t recognize this. The true test of success is happiness.

Pearls of Wisdom for Aspiring Entrepreneurs

Jennifer believes what is certain is that there is no certainty. If you are looking for it, then you may not be cut out to be an entrepreneur. That said, it doesn’t mean you should blindly chase your dreams into the darkness. It implies that you create a plan with actual benchmarks and then attempt a different course if you cannot reach them. Everyone wants other people to join them in their fear parade because this is a fearful world. Fear buys you nothing but a lack of movement, which will never get you there. Technology and organization will continue to lead to success, but what will lead it even more is the mindset of protecting your time, as if it is your only asset because it is irreplaceable. Scaled technology will be bigger than ever. Relationships will matter more than they ever did. Do not be afraid to embrace technology, but at the same time, do not allow the fear of being left behind to cause you to jump on the bandwagon.

Exit mobile version