Episode 50

full
Published on:

10th Jul 2024

Secrets of a Cyber CEO: The Truth About Running a Cybersecurity Business

Unlock the secrets to successfully navigating the cybersecurity business landscape with insights from industry legend Jane Frankland on this episode of Razorwire.

Welcome to Razorwire, I'm your host, Jim and in today’s episode, we have the privilege of discussing the intricacies of running a successful cybersecurity business with none other than Jane Frankland. With over 26 years in the industry, Jane has built and sold businesses, influenced trends and mentored the next generation of cybersecurity professionals. 

In this episode, I chat with Jane Frankland about the challenges and most rewarding experiences of running a cybersecurity business. Jane tells us about her journey from the early days of cybersecurity in the 90s to becoming a prominent influencer and entrepreneur. We explore topics like managing growth, the shift towards freelance work and the importance of humility and mentorship in the industry. 

3 Key Talking Points:

1. Managing Business Growth: Jane shares her strategies for managing growth through the use of associates and outsourcing non-core functions. Learn how to scale your business efficiently while keeping your core operations robust.

2. Navigating Industry Trends: We talk about the increasing amount of freelance work in information security, the importance of a reliable pool of pentesters and the risks of crowdsourced pentesting companies. Gain insight on how to adapt your business model to include evolving industry practices.

3. The Role of Mentorship and Humility: Jane and I discuss why mentorship for young professionals is so important and the significance of humility in leadership. Discover why ditching egos and maintaining an approachable demeanour is crucial for building a successful cybersecurity business.

Don't miss out on these pearls of wisdom from one of cybersecurity's most respected voices. 

The Reality of Running a Business: 

"You are literally flying by the seats in your pants and navigating your company, at the helm, which is very, very stressful. Very stressful. And yet it is exciting and it is fun."

 Jane Frankland



Listen to this episode on your favourite podcasting platform: https://razorwire.captivate.fm/listen


In this episode, we covered the following topics:

- Business Growth Strategies: Discussing the challenges and careful expansion required to grow a cybersecurity business.

- Outsourcing and Associates: Managing growth by outsourcing non-core functions like marketing and accountancy and using associates.

- Pentesting Workforce: The shift towards freelance pentesters and the challenges of maintaining a reliable pool of talent.

- Revenue Diversification: The importance of diversifying revenue streams and adapting business focus to market changes.

- Industry Egos: Addressing the rise of egos in the information security industry and the importance of humility.

- Emotional and Mental Challenges: Exploring the emotional rollercoaster and loneliness experienced by business owners.

- Mentorship and Support: Highlighting the importance of mentors and coaches for guidance, especially during the early stages of business.

- Client Acquisition and Recruitment: The complexities of recruiting staff, especially pentesters and salespeople and the challenges of client acquisition.

- Financial Management: The critical importance of managing finances accurately and the common pitfalls at the tax level.

- Encouraging Young Talent: The significance of mentoring young professionals and actively supporting their entrance and growth in the cybersecurity industry.



Other episodes you'll enjoy


Preventing Burnout in Cyber Security

https://www.razorthorn.com/cyber-security-professionals-shortage-burnout-how-to-protect-against-it-razorwire-podcast/


SolarWinds’ CISO Under SEC Scrutiny: The Impact On The Infosec Community

https://www.razorthorn.com/solarwinds-ciso-under-sec-scrutiny-the-impact-on-the-infosec-community/


Connect with your host James Rees


Hello, I am James Rees, the host of the Razorwire podcast. This podcast brings you insights from leading cyber security professionals who dedicate their careers to making a hacker’s life that much more difficult.


Our guests bring you experience and expertise from a range of disciplines and from different career stages. We give you various viewpoints for improving your cyber security – from seasoned professionals with years of experience, triumphs and lessons learned under their belt, to those in relatively early stages of their careers offering fresh eyes and new insights.

With new episodes every other Wednesday, Razorwire is a podcast for cyber security enthusiasts and professionals providing insights, news and fresh ideas on protecting your organisation from hackers.

For more information about us or if you have any questions you would like us to discuss email podcast@razorthorn.com.

If you need consultation, visit www.razorthorn.com, We give our clients a personalised, integrated approach to information security, driven by our belief in quality and discretion.


Linkedin: Razorthorn Security

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Twitter:   @RazorThornLTD

Website: www.razorthorn.com


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About the Podcast

Razorwire Cyber Security
Real conversations helping cybersecurity professionals sharpen their insights, strategy & leadership skills.
🔒 Cybersecurity is evolving — and so should you. Razorwire brings the open conversations that give you the edge.

Welcome to the Razorwire podcast — your resource for practical advice, expert insights, and real-world conversations on cybersecurity, information security (InfoSec), risk management, governance, security leadership, human factors, and industry trends.

Our mission is to help you build a stronger cybersecurity career while supporting a dynamic, agile community of professionals committed to continuous improvement.

Each episode brings you actionable advice and real experiences from your host, James Rees — an information security specialist with over 25 years of experience — and from a range of respected guests across the cybersecurity industry. Together, we explore everything from technical strategies and compliance challenges to security culture, communication skills, and leadership development.

James Rees is the founder of Razorthorn Security, providing expert consultancy and testing services to a wide range of organisations, including many Fortune 500 companies. His practical, no-nonsense approach helps organisations manage cyber risks effectively while strengthening resilience.

The Razorwire podcast is designed for cybersecurity professionals who want to stay ahead, sharpen their skills, and confidently respond to the challenges of today's evolving threat landscape. We believe collaboration is key to stronger security — and Razorwire gives you the conversations that help you achieve it.

For more information about us, or if you have questions you'd like discussed on the show, email podcast@razorthorn.com or visit www.razorthorn.com.