Inspirational Women Leaders Of Tech: Carole Sumner Krechman On The Five Things You Need To Know In Order To Create A Very Successful Tech Company
An Interview With Doug Brown
My life has been and continues to be full of obstacles and hard-times, so “never give up” is my motto. I have always believed that, with the right team and tenacity, there is a way to succeed.
As a part of our series about strong women leaders, I had the pleasure of interviewing Carole Sumner Krechman, a visionary thought leader who is currently CEO of Logos-E, Inc.
Logos-E is an innovative digital technology company under her leadership, invented a mobile video multi-platform broadcast platform, patented in the USA, which allows video, podcasts and film content to be broadcast through Wi-Fi from the cloud to any mobile smart device.
Through colleagues, the company has a network of talent who produce for and broadcast as short form content. Last year, Logos-E launched the most recent upgrade of the Apple app. Peace in the Streets Global Film Festival, part of the UN licensee, which gathers traditional TV, Proprietary Websites, Facebook, Twitter who enter the film festival, broadcasting to a universe of mobile users.
A serial international entrepreneur, architect by education and training, Carole built a successful design company that spanned the globe. In the 1980s, she operated out of Beijing, thanks to her benefactor, Dr. Armand Hammer, late chairman of Oxy Petroleum. Sheldon and Carole Sumner Krechman spent eight years doing business in China and completing the project. The team found investors and lenders, built their vision into the Beijing Asia Hotel, created the design team with Chinese, Japanese, Hong Kong, and Thailand joining her, the first American woman to design and develop a modern, Western hotel, apartments and office building in downtown Beijing.
Additionally, Carole is concurrently the Chairman, Founder and President of the Peacemaker Corps Association (PCA), a non-profit charity dedicated to teaching children around the world how to make “Peace in the Streets”. PCA is a United Nations NGO with ESCSOC status (www.Peacemakercorps.org) (www.PSGFF.com) . As a life-long activist/volunteer and former Chairman of the Board of Friends of the United Nations, with 30 years of volunteer service to the UN, she was honored for her years of philanthropy and innovation by receiving the 2008 Purpose Prize Fellowship. This award is similar to a Nobel Peace Prize just for seniors.
Thank you so much for joining us! Our readers would love to “get to know you” a bit better. Can you tell us a bit about your ‘backstory’ and how you got started?
A serial international entrepreneur, architect by education and training, I built a successful design company that spanned the globe. In the 1980s, I operated out of Beijing, thanks to my benefactor, Dr. Armand Hammer, late chairman of Oxy Petroleum. We found investors and lenders, then built our vision into the Beijing Asia Hotel, and created the design team with Chinese, Japanese, Hong Kong, and Thailand joining me. I became the first American woman to design and develop a modern, Western hotel, apartments and office building in downtown Beijing.
Over the past four decades, Peacemaker Corps Association which I created as a United Nations NGO, also developed a series of workshops which focus on building peacemaking skills for youths at risk. Over the years, PCA and its workshops have been honored by US Departments of HUD, Department of Education, Department of Justice, White House Faith Based office, USAID and the US State Department.
PCA has formed a core management group aligned with UN agencies to support global curriculum, and technology demands, continuously advanced courseware, measure and report outcomes and facilitate the on-going peacemaking activities of the online mentor and student communities. Peacemaker Corp Association: https://www.peacemakercorps.org/. Peace in the Streets Global Film Festival: https://psgff.org/.
What was the “Aha Moment” that led you to think of the idea for your current company? Can you share that story with us?
Preparing to launch a youth film festival through the UN and at the same time developing a TV production out of my studio for PBS, called the Real Desert and Shorts Showcase, I was seeking ways to expand our followers. This idea was the basis of the video delivery platform that is used for the film festival and, now, for corporations worldwide. My team developed, for their use, a broadcast system that does not require broadband transmission. With that platform technology, youths now make videos and send them to watch on our Peace in the Streets
PSGFF app, the backbone of growth over the past seven years of the United Nations film festival and now, to send educational video messages to employees for multi-country corporations.
Can you tell us a story about the hard times that you faced when you first started your journey? Did you ever consider giving up? Where did you get the drive to continue even though things were so hard?
My life has been and continues to be full of obstacles and hard-times, so “never give up” is my motto.
I have always believed that, with the right team and tenacity, there is a way to succeed.
So, how are things going today? How did your grit and resilience lead to your eventual success?
After five years, our UN Technology Patent was published and officially approved on the first of December, 2020. We have now signed agreements with a number of major corporations in the technology communication space. Ingram Micro and Blue Cloud are selling our platform, Honeywell has signed an agreement for us to be a Silver level reseller of their hardware, AWS is our partner on the backend, Motorola lab coventurer is with us to develop the platform with a trade for learning and expanding systems. We will have a long-term relationship with them as we grow.
Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lessons or ‘take always’ you learned from that?
That could take another hour. Pit falls and pit falls, but you don’t win if you don’t get up and try again, and again.
What do you think makes your company stand out? Can you share a story?
We have a unique and important product for this time. COVID-19 changed people’s habits around the use of mobile devices and we fit perfectly into that niche. We reach the entire world, our content is secure and cannot be hacked. With virtual communication every growing each and every day, our product fits into this major shift.
Which tips would you recommend to your colleagues in your industry to help them to thrive and not “burn out”?
Sports, helping others ISP and creativity all help with stress management.
None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story?
So many generous souls who helped me along the way, from the famous Builders Emporium Sandy Sigaloff who was called “Ming the Merciless,” to Dr. Armand Hammer who had a sign on his desk said, “Tough times pass and tough folks last.” Then Steve Alliance, CEO of Computer Sciences Corp, the Los Angeles-based software company said “Remember, Carole, pioneers get arrows in their back.”
Ok thank you for all that. Now let’s shift to the main focus of this interview. Approximately how many users or subscribers does your app or software currently have? Can you share with our readers three of the main steps you’ve taken to build such a large community?
Our film festival, which has been using the platform since 2016, has 5 million youths who have downloaded and watch other youths’ films that currently come from 45 countries. Plus, we have inspired and helped to create dozens small local film schools that teach youths about storytelling, making movies and uploading it on our portal. Our for-profit company, Logos-E, is launching right now on the Ingram Micro Portal. This global company has over 300,000 salesmen who sell hardware and software. We are going to market with them in just a few months.
What is your monetization model? How do you monetize your community of users? Have you considered other monetization options? Why did you not use those?
Our motto is to SAAS license the white label tech, create the client’s image to their clients and employees and charge a monthly fee, from $8.00 per month to $4.00, as the amount of users grow at each client’s company.
Based on your experience and success, what are the five most important things one should know in order to create a very successful app or a SaaS? Please share a story or an example for each.
Only one!!! Own the tech!!!
You are a person of great influence. If you could start a movement that would bring the most amount of good to the most amount of people, what would that be? You never know what your idea can trigger. :-)
Peace in the Streets is my total focus for the world to pivot through the minds and eyes of global youths.
How can our readers follow you on social media?
Logos-E has a website, https://logos-e.com/, on Linked-in, our app which reaches the platform is hosted on Google-Play for Logos-E and is under PSGFF on Apple Apps Store.
This was very inspiring. Thank you so much for joining us!
