I am Joy Profet and a practitioner of positivity, purpose and perseverance.
Joy Profet's Bio:
Joy Profet's Experience:
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Partner and Chief Operating Officer at Kind Capital, LLC
April 2020 - Present | New Rochelle, New YorkJoy Profet delivers leadership and direction for strategic planning, operations management, market research, and client management, ensuring sustainable business growth. • Leveraged strong analytical capabilities and solid experience to develop business and capital-raising strategies aimed at enabling entrepreneurs to launch, boost business performance and accelerate growth. • Developing ecosystems of sustainable capital, services and opportunities for education, healthcare, ESG and fintech entrepreneurs and start-ups through Katalyst Accelerators and Kapital Connect marketplace.
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Chief Operating Officer at Essence Communications, Inc.
July 2018 - July 2020 | Brooklyn, NYJoy Profet devised and rolled out customer-centric business strategies, resulting in increase in revenue and profitability. Identified areas of productivity improvement and implemented best practices to rationalize investments. Post Time Inc. spin-off, stood-up finance, payroll, IT, legal, print, digital, and experiential operations. Led and expanded cross-functional team from 50 employees at spin-off to over 200 employees within two years. • Introduced revenue-generating new businesses, including membership, commerce, and technology platforms. • Commended by other executives for improving operational efficiency and accelerating purpose-driven business growth. • Recognized as innovative leader, with expanded role to develop women of color entrepreneurs in New Voices Foundation accelerator programs.
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General Manager at Essence Communications, Inc.
January 2008 - July 2018 | New York, NYJoy Profet focused on the ESSENCE brand, the premiere lifestyle, fashion, beauty and news destination for women of color. Coupled with the strength of journalistic integrity, proprietary research and consumer insights, ESSENCE is a full-service media and content company for brand marketers seeking access to women. • Key ESSENCE executive with responsibility for strategy, business development, and administrative functions. • Leading strategist for ESSENCE’s multi-platform content expansion, including the launch of over a dozen branded television and film products as well as ancillary product licensing and digital distribution businesses. • Leading ESSENCE’s global expansion with the launch of the brand across the African and European continents. • Managing the growth and operations for ESSENCE’s live events division, resulting in doubled profitability. • Management of 30 employees at ESSENCE (both FT and PT) and over 30 vendors and partners.
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Vice President at NBC Universal
January 2000 - January 2008 | New York, NYJoy Profet worked closely with NBCU’s Presidents’ Council to identify strategic growth opportunities for operating divisions and lead the deal execution process for business development. • Designed analytical frameworks in the form of synergy assessments, cash flow and comparable valuations, return models, and earnings dilution analysis to benchmark the economic viability of potential acquisitions to GE. • Performed financial diligence and strategic evaluations, negotiated deal terms, and structured major investments, asset monetizations and acquisition deals. • Led NBCU’s organic and acquisitive growth strategy around children’s content. • Explored strategic alternatives in refining NBCU’s portfolio to focus on core media properties. • Representative deals include Oxygen Media acquisition ($925 million); Telemundo Communications acquisition ($2.7 billion), Hard Rock Café (Orlando and Hollywood) divestiture, Movielink divestiture, and the proposed acquisition of DreamWorks live action film studio.
Joy Profet's Education:
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Harvard Business School
2002 – 2004Masters of Business AdministrationConcentration: Business AdministrationActivities: Activities and Societies: African-American Business Club, Caribiz Club
Joy Profet's Interests & Activities:
Wife, mother, student, servant, leader, learner, follower, advocate, collaborator, problem solver, critical thinker, naturally curious, inquisitive, thoughtful, kind, compassion, giving, and joyous.