StoryDiscussion

Most Replayed Moment: A Guilt-Free Way to Handle Work and Life

The Diary Of A CEO with Steven Bartlett32m 23s

Nicola Kilner, co-founder and CEO of Deciem (parent company of The Ordinary), discusses her journey from corporate buyer at Boots to building a multi-brand beauty empire with co-founder Brandon. She reflects on building a family-like company culture, scaling challenges, and the importance of self-awareness in leadership.

Summary

Nicola Kilner shares her career trajectory beginning with placement years at Boots, where she worked as an assistant buyer and then buying manager. In this role, she developed key skills in collaboration, relationship-building, and working across departments (supply chain, finance, legal). She discovered Brandon through the 'Latest Finds' innovation program at Boots, where his company Indeed Labs was launching products. She was drawn to Brandon's infectious energy, positivity, and passion for doing good. When Brandon left Indeed Labs to start a new venture called Deciem (from the Latin word for ten), Nicola proposed merging her beauty product rating concept with his multi-brand technology platform. At age 23-24, she left her secure position at Boots to co-found Deciem with Brandon. The company initially operated with a portfolio approach—running ten brands simultaneously—which was counterintuitive but strategically advantageous. This model allowed them to build an in-house ecosystem (manufacturing, communications, R&D) and share fixed costs across multiple brands. The portfolio approach also enabled rapid experimentation and cheap failure. A key downside emerged when The Ordinary became a breakout success, consuming resources and relegating other brands to secondary priority. Deciem's early culture was intensely family-oriented, with Brandon prioritizing belonging and deep relationships. The young team (mostly fresh graduates with no industry preconceptions) worked intensely together, socializing outside work, traveling together, and embodying what Nicola acknowledges resembles a 'cult'—but a positive one defined by shared mission, deep dedication, and mutual care rather than manipulation. Brandon's troubled upbringing shaped his philosophy of building a work family where no one would leave him. Nicola and Brandon complemented each other: Brandon was eccentric, science-focused, passionate, and sometimes short-tempered; Nicola was calm, diplomatic, and focused on smoothing tensions. This dynamic worked in the startup phase but became problematic as the company scaled. During a difficult post-COVID period when growth stalled, Nicola nearly resigned, feeling unqualified to lead a 1,500-person organization with revenues nearing a billion dollars. She lacked traditional CEO skills in planning, numbers, and organizational structure. A general manager was brought in to handle operations, supply chain, and scaling while Nicola refocused on brand, innovation, culture, and social impact—her genuine strengths. Regarding corporate culture, Nicola distinguishes between 'nice' (superficial politeness) and 'kind' (genuinely helping people, even through difficult conversations like terminations). She argues that high performance and kindness aren't mutually exclusive; being kind means helping underperforming employees through coaching, role changes, or respectful exits. She emphasizes that work-life balance isn't universal—different life stages require different priorities. Her early imbalance toward work was sustainable and fulfilling because she was genuinely happy, contrasting with modern pressure to achieve some universal balance. The transcript closes with team members describing Nicola as incredibly self-aware, willing to delegate to those with stronger skills, and 'a ray of sunshine.'

About this episode

What if the right work-life balance looks completely different at every stage of your life? Nicola Kilner is the Co-Founder and CEO of DECIEM, the company behind The Ordinary, one of the world’s most disruptive and successful beauty brands. In this moment, Nicola Kilner reveals what the earliest days of building DECIEM really looked like, why the traditional rules of work-life balance didn’t always apply, and how an intense startup culture helped shape the company it became. She also explains why knowing exactly what you’re not good at can be one of a leader’s greatest strengths and the lesson she learned when the skills that helped build a startup were no longer enough to lead it at scale. Listen to the full episode here! Spotify: https://g2ul0.app.link/qzeuYcCBF6b Apple: https://g2ul0.app.link/uzyOKKoBF6b Watch the Episodes On YouTube: https://www.youtube.com/c/TheDiaryOfACEO/videos Nicola Kilner: https://theordinary.com/en-gb/about-us/our-founder.html Wayfair - Visit http://Wayfair.com to start your home refresh

Key Insights

  • Nicola argues that her two placement years at Boots taught her more than university would have, particularly about collaboration, cross-departmental work, and innovation processes—knowledge she directly applied to building Deciem.
  • Nicola and Brandon's initial connection was based on personal energy and values alignment rather than a predetermined plan to be co-founders, suggesting serendipity in founding partnerships can be as important as strategic compatibility.
  • The strategy of running ten brands simultaneously, though counterintuitive, allowed Deciem to build an in-house ecosystem and share infrastructure costs across multiple brands, enabling rapid experimentation and failure at lower cost.
  • Brandon's troubled upbringing directly shaped his philosophy of building a 'work family' where deep belonging was the North Star, influencing the company's culture from inception and creating intense emotional bonds among early employees.
  • The early startup culture's intensity and lack of work-life balance was sustainable and productive for the team because they were genuinely happy and felt part of a mission, not because they were being exploited.
  • When The Ordinary became a breakout success, it starved other brands of resources because organizational dynamics inherently prioritize the highest-revenue driver, demonstrating the downside of the multi-brand portfolio approach.
  • Nicola nearly resigned during a growth downturn, recognizing that leading a 1,500-person organization required skills (planning, financial acumen) she didn't possess, and that hiring a general manager allowed her to focus on her authentic strengths rather than trying to be a traditional CEO.
  • Nicola distinguishes 'kindness' from 'niceness,' arguing that true kindness in management includes difficult conversations and difficult decisions (like terminations) when they genuinely serve the employee's long-term interests.

Topics

Career progression from corporate to entrepreneurshipCo-founder dynamics and complementary skillsBuilding company culture and belongingScaling challenges and organizational growthWork-life balance and authenticity in leadershipMulti-brand business strategySelf-awareness and delegation in leadershipKindness versus niceness in management

Transcript

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