The World is Your Oyster: Inside Tony Jamous’s Journey to Building a Billion-Dollar Platform - ep. 102

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TONY JAMOUS, JEFF FRICK, KALEEM CLARKSON
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101
43 minutes

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We are excited to present a fascinating new episode to kick off the year strong with some remote wisdom. This time, we sat down with Tony Jamous, CEO and co-founder of Oyster—a pioneering global employment platform. Joining our host Kaleem Clarkson for this insightful conversation is guest co-host, Jeff Frick. Together, they explore Tony's purpose-driven journey and how it shapes his approach to entrepreneurship, sustainable leadership, and remote work culture.

Tony’s entrepreneurial story began with the founding of Nexmo, a communications platform whose rapid growth eventually led to its acquisition first by Vonage and then by Ericsson for $6.5 billion. This experience, while financially rewarding, led Tony to reassess his priorities after seeing the toll intense work demands were taking on his health and well-being. This period of introspection inspired him to take a sabbatical and rethink his career goals. Determined to pursue a more meaningful path, Tony envisioned a platform that would enable economic freedom and allow individuals to access global employment while staying in their home communities. This vision led to the founding of Oyster, now valued at $1 billion and dedicated to providing cross-border employment solutions that empower individuals and benefit local economies.

A key aspect of Oyster’s mission is its focus on hiring talent from emerging markets, with 40% of its team now hailing from these regions—a significant increase from 30% just two years ago. This strategy goes beyond simply filling roles; it embodies a commitment to measurable social impact. By allowing companies to hire globally, Oyster directly invests in these economies through salaries and taxes, bolstering local development.

What values does Tony consider essential? At Oyster, diversity and inclusion are foundational, with operations spanning over 80 countries and a workforce representing more than 100 nationalities, achieving gender balance across top management and the board. Tony also dives into the topic of compensation within remote teams, highlighting Oyster’s three-zone pay system, designed to promote fair wages and reduce global income disparities. His insights reveal a profound commitment to sustainable leadership, inclusivity, and a progressive workplace culture. Through Oyster, he is championing a new model of employment that transcends borders and fosters global equality.

To top it off, Tony shares his philosophy of 'sustainable leadership‘, a concept that has become foundational to his approach to building and leading teams. Unlike traditional models focused solely on servant leadership or relentless growth, sustainable leadership prioritizes leaders’ well-being, enabling them to support their teams better. Inspired by the “oxygen mask” analogy, Tony emphasizes the need for leaders to care for themselves first to lead effectively. This approach promotes empathy-based management, which is especially relevant in today’s evolving remote work environment.

Tony’s mission is to democratize job opportunities worldwide and create a new employment model that drives social impact, especially in emerging economies. His dedication to building a more equitable global workforce and his principles of sustainable leadership make this episode a valuable roadmap for leaders seeking to align business success with positive social contributions. Start this year strong: put on your headphones and get your remote-work inspiration!

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