Jon Oringer Biography | Inspiration Quotations | Motivation Quotes

Jon Oringer
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Jon Oringer

Jon Oringer Biography:

Jon Oringer is an outstanding successful business person whose life vaguely corresponds to rags-to-riches story. Jon Oringer,  his full name being Jonathan E. Oringer, was born on May 2, 1974 in Scarsdale, New York. He began his life in computer programming at the age of five on the primitive model of Apple IIe as a student of elementary school. He was able to code simple games and plug-ins for bulletin board systems. During the later stages of boyhood, his flair for photography proved to be a highly useful tool in sprucing up his career. What he earned for pocket money by teaching guitar classes when he was fifteen, seemed too less to move ahead in life. Earning higher spondulicks on fixing computers outside his parents’ house too meant small potatoes for him. By the time he was pursuing higher studies in Stony Brook University, his own software product copies were sold over internet in thousands which were hailed by Forbes as one of the Web’s first pop-up blockers.

His odyssey to success did not end there. Having completed graduation of BS in computer science and mathematics, he went on to acquire MS in computer science at Columbia University. During his academic stint at Columbia, he perpetuated his innovation in creating products to complement pop-up blockers to sell personal firewalls, accounting software, cookie blockers, trademark managers and other homologous small programs, through a subscription model. He had set up as many as ten small startup companies in which he was the one-and-only singular employee handling multifarious activities simultaneously.

His career reached its highest apex when he founded Shutterstock which became a source for readymade snapshots, video footages, ready-to-use music audio clippings (of course, at a price) to a number of needy customers. His business grew exponentially and the shares of Shutterstock soon became hotly traded scrips in New York Stock Exchange. More recently, Shutterstock made foray into partnership with Associated Press. The omnipresent Apps like Android and iOS became too indespensible for people to imagine life without them. Shutterstock spread its presence internationally through official ramification and it is reported to have an active customer base of 1.4 million people from about 150 nations. Shutterstock also set up a stock photography market place called Offset which lends High Imagery Service, at competitive prices, with stunningly high quality pictures from top-rated skilled professionals.

Jon Oringer has been honoured, much deservedly, with several business awards. He was recognized as the 41st on the Silicon Alley 100, a yearly list of top 100 most influential entrepreneurs, investors, executives and technologists in Manhattan. He was spotted as New York’s Technology Entrepreneur of the year in 2012 by Ernst & Young. Jon Oringer’s name was respectfully included in “Forty-under-40”, as one of Crain’s New York Class of 2013.

Jon Oringer Motivational Quotes:

  • “Working with limited resources is an excellent way to hone skills that will serve you well for the rest of your career. You will prioritize profitability from the start.”

  • “I think, as an entrepreneur, you have to see the unlimited amount of potential but concentrate on your day and just keep building.”

  • “I believe anything has to be possible. You have to be able to face any problem that comes along and unravel it into a solution.

  • “I think that initial independence is very important; that's what being an entrepreneur is all about.”

  • “Shutterstock has the tech ethos. Rex has the relationships, packaging, and merchandising know-how.”

  • “Many entrepreneurs have shifted their focus to pursuing VC funding as a primary strategic priority instead of concentrating on generating value for their users. This is worrisome because raising capital alone is misleading as a benchmark for success.”

  • “I don't own a helicopter because I want someone to bring me places quickly. I own it because it's an incredible machine that I like to fly and learn about. I like the complexity of it.”

  • “We recognized early on that media consumption was evolving and customers were looking for moving images to include as part of their advertising campaigns, website designs and corporate presentations.”

  • “The decisions you make affect a lot of people. You have investors, employees, and customers who all rely on you. Being a leader is a 24-hour-a-day job.”

    Jon Oringer

  • “I hadn't really worked in an office before Shutterstock, so I didn't have the experience of building a culture, nor did I understand how important that is for attracting and retaining the best talent.”

  • “The best thing is to go public only when you're absolutely sure that's the right move for the company. And in order to make sure that is the case, you need to have as much control over the company as possible, which means not giving up control early on.”

  • “Equally important to having the right content is providing the proper tools for the users so they can quickly find the images and videos they need.”

  • “I started Shutterstock without any outside funding; I believe in creating a lean startup. By not taking outside investors early, I was forced to use every dollar I had as efficiently as possible. And I was able to keep a large part of the company.”

  • “There’s  tonnes of room for more people in the tech market, and there are lots of content gaps that have still not yet been tapped into.”

  • “Nobody is opposed to paying taxes; governments need to coordinate, work together and simplify the law.”

  • “I love meeting contributors and hearing how we inspire them to create art. I'm also proud of creating hundreds of jobs.”

  • “In high school, I used to teach guitar and fix computers by the hour. I was looking for some way to make some cash, so I actually learned how to play guitar in order to try to teach it.”

  • “As I started college, I started to build software products that I could sell to people over the Web.”

  • “In the early days, start-ups make the main mistake of hiring people to do the work that they could do themselves.”

  • “I figured managing people was obvious - I'd tell someone what they needed to do and they'd do what I wanted. It turns out that's not the case. It was frustrating at first.”

  • “I shot images of everything I could find over the course of a year. I would go all over the world and take pictures. In a day, I could easily take thousands.”

  • “At around 50 employees, you get to the point where you can't see what's going on all the time. So you start to have weekly check-ins, and you have days that go by without knowing exactly what's going on.”

  • “I've never been very flashy or high-profile.”

  • “I've little in common with the scene in Silicon Valley and San Francisco. I'm a New Yorker.”

  • “The problem with taking venture capital is if you take $5m from someone, it may feel great; you may feel like they're validating your business model. But they're giving $5m out to 20 different people, hoping one of them will be a hit. They don't really care if it's you.”

  • “Many entrepreneurs think that cash is the ultimate solution to all of their problems: the one thing standing between them and their dreams.”

  • “I hear so many startups talking about how they can raise VC instead of questioning whether they need it in the first place.”

  • “The best ways of marketing were email and banner advertising, but I needed images... and they were very expensive.”

  • “Every time someone downloads a picture, the photographers get paid about 30% of what we charge.”

  • “I like San Francisco, but I don't think I'd want to work in Palo Alto. It seems like a pretty rough commute. In many ways, I think New York has a lot of things the West Coast doesn't have.”

  • “Some people are serial entrepreneurs and want to just move on to the next thing. They just want to clean the slate and start from scratch. I feel that sometimes, too, and the way that we do that here is we build things inside Shutterstock: we launch new products all the time.”

  • “I started Shutterstock out of my own need. I'd previously created a few software companies, and each time, I struggled to find affordable images to use on my websites.”

  • Business is a string of seemingly impossible problems looking for solutions. Each problem you solve creates a new barrier to entry for your next competitor.”

  • “Instagram is great for us because it's encouraging people to shoot more stuff. Some of those snappers will become professional, and they may choose to sell their photos through us.”

  • “I wanted a CFO with public company experience; I needed an HR department, new office space, and a board which could help me grow the business. Insight, the private equity firm I chose, helped me with all that.”

  • “You can't be afraid of the problem. Don't be afraid of failure; don't be afraid to make mistakes. Make sure you learn from each step; iterate, and stay as efficient as possible without being paralyzed by a difficult situation.”

  • “We realized we had high-volume marketplace as a platform. Anyone can come in and buy with a subscription.

Jon Oringer

  • “Problems are good. Impossible problems are even better.”

  • “Each time I went to create my website, I needed imagery. It was complicated to get, the process was expensive, I had to negotiate rights. I knew there had to be a better way.”

  • “If people want to code, and they want to be entrepreneurs, there's  opportunities for them to do that.”

  • “I met with several public company CEOs to learn about their experiences of going public and listened to as many earnings calls as I possibly could.”

  • “When I started Shutterstock, I tried to get people access to big events. It's very hard to keep up, to publish them quick, and to get the right photographers.”

  • “Rex has photographers around the world - it's a higher touch business: there are a lot of relationships involved. If you throw an event, there are certain photographers you've worked with before and you want there.”

  • “Rex is 60 years old with 13 million images and 10 million in archive. It's the first time we've had a historic archive to work with, which is super interesting.”

  • “We sell to businesses who sell other stuff, so we're just going to concentrate on doing that.”

  • “Any business that is trying to sell something should be willing to spend a couple dollars for a stock photo to not have ads in it and not distract the user from using the product they're trying to sell.”

  • “To make a computer do something that would take a human a long period of time was always interesting.”

  • “I was trying to create products to complement the pop-up blocker. All these people were giving me their credit cards. I figured I could sell them something else.”

  • “It turned out it was really easy to create commercial stock footage.”

  • “We have a lot of customers in Japan, but they don't quite get the local content that they always need, so we want to encourage all of our product teams to start thinking globally.”

  • “Was I going to start companies outside of Shutterstock or inside? Going public kind of meant I was going to start them inside, and I kind of thought this through and decided that if I was going to do that, I was going to continue to operate Shutterstock like it was an incubator of startups.”

  • “Try to rally up as many people as you can with as much information as you can to try to get it to appear in front of the right people in the organization who are the decision-makers to greenlight the project.”

  • “As we continue to grow, the question is, how do you keep the company as innovative as it was 15 employees ago?”

  • “We continually hear from our engaged customer base that Shutterstock's content is a true differentiator, given not only the size of the library but also the quality and diversity of the images we offer.”

  • “On average, an e-commerce client who evolves into a premier enterprise client increases their annual spend by 10 times in that first year.”

  • “The growing demand for content across our platform delivers bigger payouts to our contributor base and encourages them to upload fresh content to Shutterstock, further facilitating the network effect of our business.”

  • “To ensure we are meeting the demands of existing customers while also attracting new users, we remain focused on building cutting-edge technology and introducing new and innovative product offerings.”

  • “While the scale of our library is certainly attractive to our users, equally important is the quality of the content we provide and our state-of-the-art processing operation that vets every single piece of content that's submitted to ensure only the most suitable content is included.”

  • “Evolution has been the key tenet of success over the past 13 years, and we have transformed from a single subscription e-commerce image business into a company with a diversified portfolio of content offerings, servicing the needs of businesses of all types and sizes globally.”

  • “By investing in diverse asset types from SD video to HD video to 4K video, we can satisfy the video needs of a wide array of users.”

  • “Shutterstock's ability to cultivate a healthy and expanding marketplace for both customers and contributors remains a key competitive advantage and a crucial component of our sustained growth.”

  • “We believe PremiumBeat will accelerate our mission to make licensable music accessible to every creator.”

  • “Editorial imagery licensing includes celebrity, entertainment, sports, and news images that capture what is happening in the world around us.”

  • “We significantly increased our global presence in 2014. During the year, we expanded the number of languages in which we serve customers to a total of 20.”

  • “Shutterstock has evolved from an image-based marketplace for small businesses to a much broader platform, with a large and expanding addressable market opportunity.”

  • “I opened up Shutterstock to the whole world. I created a contributor community that anyone could give stock photography a shot.”

  • “In 2013, we opened our first international office in London and established a European hub in Berlin.”

  • “Anyone can contribute images, and we sell them to designers and agencies all over the world.”

  • “There is a lack of talent in technology, and we need to be encouraging kids in school to learn how to code. We need to encourage computer science as a major. We need to encourage entrepreneurism.”

  • “I needed to make the buyer happy: I needed to provide a price point and sort of a model that was attractive to them. But I also needed to make the contributor happy.”

  • “There is a lack of talent in technology, and we need to be encouraging kids in school to learn how to code. We need to encourage computer science as a major. We need to encourage entrepreneurism.”

  • “I found it very helpful not to do the venture round. Instead, I started with very little money, a few thousand dollars, and I did every job myself. I was the first photographer. I was the first customer service rep. I was the first online marketing person.”

  • “We look for the scrappy entrepreneur: the kind of person who will get things done without looking to spend money right away.”

  • “As I saw more and more people buying the images that were happy buyers, and people selling the images that were happy with how the market was pricing them, I started to get the sense this could be the go-to place for businesses to get the images they need.”

  • “I would still rather be in Silicon Alley. I like the West Coast also, but it's sort of fragmented. You have companies in downtown San Francisco, companies in Mountain View, and people are driving between them all. It's kind of nice in New York to just jump in a cab and reach another company so easily.”

     

 

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