Fiserv's Shannon Watkins talks about driving change at the intersection of commerce, culture, and community- all while tackling small business failure rates.
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00:00Jan, thank you so much for taking a few minutes out of a busy schedule at South
00:03By I'm sure. Tell us all about the new initiative and the new announcement
00:06between Clover and Shark Tank. What should people know?
00:08Clover is the world's smartest all-in-one POS solution and we are here
00:12to unlock the next generation of small
00:15business growth at the intersection of commerce, culture,
00:19and community and that's what brings us here. Everything that we are doing is all
00:22about creating a new playing field for small business owners, really
00:27attacking the things that they don't even know may get in their way of
00:30success and closing that success rate of their
00:32of their small businesses. Many people don't know that
00:3650% of all small businesses fail within the first five years
00:40and that is the problem that we're trying to attack. So on 1-30 we announced
00:44Tabitha Brown as our new Chief Brand Empowerment Officer for
00:48Clover. She is here today with us making this
00:51announcement and bringing our brand mission to life and then
00:54today we are also announcing an amazing partnership with Shark Tank.
00:58They've been in business for 16 seasons bringing
01:02entrepreneurs dreams to life and it is through that intersection that we are so
01:06excited to be here and to change the failure
01:10rate of small businesses. And I know that the month of September
01:12is beautiful in the city of Las Vegas. There's a highly anticipated conference.
01:16What can people expect if they're hearing about it for the first time and
01:19want to learn more? Absolutely. Please go to clover.com.
01:21That is where all of the information will be. Our
01:25registration opens today so I think it will sell out really fast. We're going to
01:30be at the Venetian September 28th through 30th.
01:32You picked a great hotel for it. It's going to be amazing. Absolutely. Finally what most
01:35excites you right now about the moment we're in the opportunities that small
01:39and medium-sized businesses have despite at times a bit of a challenging overall
01:43economic environment. What most excites you about the space? There is no better
01:46time than now to start a small business. When you think about Gen Z and the
01:49changing demographics of this landscape, half of them want to be small
01:54business owners. They don't want my job. They want to chart their own new
01:57territory and there are tools and opportunities that are available for
02:02them to win and Clover is one of those
02:05solutions. So we cannot wait to be a part of their journey towards small business
02:10domination. Domination. I like that part. Well it's
02:13great to have you. Congratulations on the announcement and best of luck on the
02:16road ahead. Thanks a lot Shannon. Thank you so much.