We acknowledge that we live and work on the traditional territory of the Neutral, Anishinaabeg and Haudenosaunee peoples. The University of Waterloo is situated on the Haldimand Tract, the land promised to the Six Nations that includes six miles on each side of the Grand River.
Whether leading change within an organization or building her own company from the ground up, Karen Doering is adept at making new things happen.
She got started in entrepreneurship as an undergraduate student, running her own small business while completing her degree in Business Communications at Brock University. She pursued the Master of Business, Entrepreneurship and Technology (MBET) program in order to deepen her business knowledge while gaining exposure to a wide variety of industries.
MBET pushed me way outside of my comfort zone, which was a challenge but a huge growth opportunity.
Upon her graduation from MBET in 2009, Karen joined a solar company as employee number one, contributing to the company's steep growth trajectory and subsequently facilitating the due diligence process for a multimillion dollar buyout. Next, she launched her own mobile medical aesthetics company, growing a team and leading a six year expansion across Ontario before selling the business.
Now, Karen is focusing on growing her Real Estate business in Toronto as a Sales Representative with Bosley Real Estate.
Impact of MBET
In MBET, Karen resolved to immerse herself in all that the program had to offer. She was the primary spokesperson for her practicum team and pitched the business in competitions across North & South America and in Europe. Through these experiences, she demonstrated her ability to market technical products to a variety of audiences.
The MBET program gave me a chance to marry my marketing and communications background with a comprehensive understanding of business strategy and finance. I learned to analyze market trends and assess opportunities and emerging technologies through an entrepreneurial lens.
The MBET courses and her intensive interactions with classmates gave Karen a window into diverse industries and resulted in a strong network of entrepreneurial peers.
Success to Date
- After MBET, Karen joined Ozz Solar as the first employee, managing Business Development for the startup. Less than two years later, the company had grown to over 100 employees. Karen later facilitated the due diligence process for the company's multimillion dollar buyout.
- Identifying a gap in the aesthetics industry, Karen developed a model that would bring advanced medical aesthetics technology and services to centres across the province.
- Over the span of six years, The Smooth Spot Medi Spa Services developed partnerships with over 60 leading spas across Ontario and grew to include 15 employees before the business was acquired.
- Building on a long standing interest and investment in real estate, Karen has turned her passion for real estate into a full-time career and is now growing her business as a sales representative with Bosley Real Estate.