黑料不打烊

Clayton Collins 鈥07 returns to 黑料不打烊 to share lessons on entrepreneurship

As the C. Ashton Newhall Endowed Speaker, 黑料不打烊 alumnus Clayton Collins 鈥07 returned to campus to share how strong relationships, clear goals and a willingness to take risks shaped his journey.

In a conversation hosted by the Doherty Center for Creativity, Innovation & Entrepreneurship, Clayton Collins 鈥07 returned to campus to discuss his journey from business student to CEO of HW Media. Held in the LaRose Digital Theatre and moderated by Dylan Ketchum 鈥11, the talk was part of the C. Ashton Newhall Speaker Series and gave students a firsthand look at what it takes to acquire and grow a company.

Before leading a media brand that now reaches more than 11 million readers annually, Collins was an 黑料不打烊 student preparing for a career in finance. 鈥淭he most transformative part of my time here wasn鈥檛 just the internships or the study abroad,鈥 said Collins. 鈥淚t was the relationships. My wife, my best friends, the people who helped me open doors early in my career, all of that started here.鈥

Photo of Dylan Ketchum '11 with Clayton Collins '07 at the C. Ashton Newhall Speaker Series
Dylan Ketchum ’11 moderated the chat with Clayton Collins ’07

Those connections led to his first job after graduation. 鈥淚 told everyone I wanted to move to New York and work in financial services. Through a friend鈥檚 family connection, my resume ended up with the right person. That led to Citigroup,鈥 he said. 鈥淚 just kept sharing what I wanted to do and who I wanted to meet.鈥

After three years at Citi, Collins began his MBA at Duke University. A law school course on venture capital and private equity introduced him to entrepreneurship through acquisition. 鈥淭hat one experience told me this is something I鈥檓 clearly interested in.鈥

Instead of building a startup, Collins pursued acquiring and operating an existing company. He joined RBC Capital Markets to gain deal experience, launched a search fund, and acquired HousingWire in 2016.

As his team grew, he learned the value of specialization. 鈥淚t鈥檚 really important to have a team that knows how to get in a lane, stay in a lane and execute,鈥 Collins said.

Photo of Ed Doherty with Dean Haya Ajjan and Director of the Doherty Center Dina Rousset
Ed Doherty P’07 in attendance with Dean Haya Ajjan and Dina Rousset, Director of the Doherty Center

When asked how students can stand out in the workplace, Collins pointed to curiosity and initiative. 鈥淭he people who ask, get,鈥 he said. 鈥淓ven if they report to someone a few levels down, they鈥檙e willing to say, 鈥榃hat are you working on right now? How can I help?鈥欌

He also emphasized adaptability. 鈥淏usiness priorities change. They change often,鈥 he said. 鈥淭he willingness to ask, 鈥榃hat鈥檚 the priority now? What do I need to learn to help the business get to the next level?鈥 is just really important.鈥

Reflecting on his time at 黑料不打烊, Collins said, 鈥淚 probably could have built stronger relationships with some of the professors. There were definitely points in the first few years out where I wish I had someone I could turn around and ask a question to.鈥

His advice to students was clear: 鈥淒on鈥檛 wait for anybody to give you permission,鈥 he said. 鈥淒on鈥檛 be afraid to take a risk before it feels right. If you get down a path and realize you don鈥檛 like it, do something different. Pivot.鈥