Magali McIntyre is a force to be reckoned with. Half an hour on Skype with her is testament to the fact that this is an alpha female I’m talking to, one intent on taking the traditional route into investment banking (and a myriad of other city jobs) and shaking it up with her new venture Route-In; the site that pairs up experienced mentors in ‘target industries’ with whoever might need access to them. Yes, the former investment banker (who worked for Lehman Brothers until 2008) speaks a mile a minute (passionately illustrating her points with some good old fashioned body language). And boy does she have a lot to do (‘I came up with the idea in April – a little more than a year ago’), but despite being mother to two young children, she certainly has the energy in abundance. And why not? It’s one of those classic business ideas that begs the question – how did no one think of this before?


After a back injury incapacitated her in 2008,
McIntyre took three years off to have her children. It was at the end of this period, whilst considering if and when she wanted to go back, that the light bulb moment happened during a seminal call from a City headhunter. ‘They said “We have this position, are you interested?” I said yes, send me more information. They said: “If you don’t mind me asking, you’ve been out of the market for three years… Do you think you can still use Excel?” I was so offended! I thought, okay, so that’s what I’m going to have to deal with if I go back to the city.’

This time away proved essential: ‘I reflected on my years in investment banking. We had endless discussions about what else is out there. But nobody would share their contacts, so everybody just stayed where they were. I took time to go back to France and sit in the admission panel of my business school (the ESSEC; one of France's Grandes Ecoles with a seriously tough interview process to match). ‘I was just sitting there, interviewing lots of candidates – very sharp, very competitive ones, but some of them were so ill prepared.’ One young man even went to the lengths of setting up a fake business (with a dummy website to boot). ‘Unfortunately, I was on the panel. I said: “That’s interesting. How did you code it?” And then he crumbled.’ McIntyre was visibly moved; ‘I thought that’s so unfair, because they’ve been here two or three years, and either they’re not advised or they’re ill advised. It would be so simple. When you have so many people off work or who have the time or are happy to mentor.’

So what does the service offer those investing their time? For one, satisfaction; two, the process is monetised (they set their fees and then Route-In take 20%), and three; ‘Some of them want to work flexibly, or they’re in between jobs, or they’re already mentoring but they’d rather do it through something that’s organised.’


The vetting process for mentors ensures only the highest quality of candidates;
‘We collect a lot of information about them. We know precisely who they are and what they did. Then it’s for them to build what we call a public profile, where they decide what they’re happy to show. They don’t have to show their current employer. The idea is not to let everyone know that they work for Goldman Sachs. Privacy is very important for them, and for us. They can choose to show their first name, or a pseudonym.’

It’s quite moving listening to McIntyre speak, she's is literally on a one-woman mission to open up the traditional ‘route in.’ ‘Regularly, even candidates from Oxford and Cambridge only get one interview,’ she says. ‘They’ve got only one shot. So they need to be prepared, and the ones with inside connections can do that – and the other ones can’t. The technology’s here, the graduate market is at its worst; we’ve never had this many high-calibre people who have more time on their hands - it just made sense.’ Yes she’s nothing if not impassioned by her new role. She’s also used to the rigors of spinning plates – in fact I get the sense she enjoys it; it’s ‘Go, go, go!’ she laughs. Once she decided upon the idea, ‘I wanted it as quickly as possible. My husband is an investor, so it’s good to have somebody to bounce ideas with. Poor him!’

With regards to the site, everything was designed by McIntyre herself; ‘The code of the colour, every word, I drafted the font, the logo.’ Investment came in a nano second via two personal contacts, ‘one of whom said yes straight away.’ All the investment she needed (though she’s coy about saying exactly how much).

Despite the site launching only last year, McIntyre has some big ambitions; in five years she’s like it to be an ‘add on for LinkedIn. It’s my baby; I just want it to grow. I don’t want to keep it to myself, I just want what’s best for my product.’ Whatever’s best for Route-In will no doubt require some juggling however, which leads us onto Sheryl Sandberg (yes it was time for a bit of much needed controversy): the Chief Operating Officer of Facebook has certainly been racking up the column inches with her seminal work ‘Lean In’ – does McIntyre feel the same pressure? Yes, but she’s candid about the fact that she has help. ‘I spend at least three and a half hours per day with my children. Pure quality time, no organisation, doing the shopping or anything, just talking about their day. I think it’s much more than most parents.’

Since we’re on the subject, has she ever experienced the kind of sexism so often mooted as one of the failings of the city? ‘As a former banker, I was kind of the minority amongst men. You just try to make everybody forget that you’re a woman. That’s just the best thing to do. And you forget yourself. It’s not a problem for men; as long as you don’t act differently you’re one of the guys. I don’t feel like a woman entrepreneur at all. I don’t see any difference. It’s the same commitment.’ Interestingly enough she has populated the Route-In office with women. ‘We’ve got less of pride and ego; it’s more about the results, less about putting ourselves forwards. Sometimes it functions better, sometimes,’ she laughs, ‘it’s a bit of an issue.’

Setting up the business was trial by fire, but nothing McIntyre couldn’t handle: ‘I remember I booked a seat at an event, organised by School for Startups. It’s run by Doug Richards; a one-day seminar, nine am to three pm – and it’s just everything you need to know to start a business. SEO, how to set up a website in 15 minutes, how to get organised. I remember being sat in this church in Islington, 600 entrepreneurs – all doing different things. There was this young, incredibly bright student starting a tech company that I understood nothing about. The woman next to me just wanted to start a flower shop online. Very different profiles. I came out of this meeting and thought: “Okay, step one, step two, step three and that’s it!” If she can do it anyone can, that’s her whole ethos. ‘Find out what it’s like. Talk to other entrepreneurs. They are not Mark Zuckerbergs. They are just people like you and me. If they’re doing it, you can.’

McIntyre herself will be a mentor on the site; ‘they need all the help they can get.’ In fact she’s already a dab hand in the process: ‘I had this member who said: “I dream one day of doing private equity in New York. I’d probably need to do an MBA.” I said: “Well, I’ve got the perfect member for you.” They clicked really well; for the member it’s rewarding to talk to someone who is really engaged. That’s the best match because that’s when it’s the most rewarding for the member and more value adding for the client.’

‘It’s one-to-one, it’s confidential,’ she says as we wrap up the interview, ‘you can really ask everything you want, and also you can get feedback on interviews. I think that’s key. The company is not going to call you and say: “That was terrible! You should really think about consulting.” Something honest and helpful - you never get that. You can’t bother people on LinkedIn.’ You can though bother people on Route-In, and for the millions of young people who don’t have the privileged backgrounds (usually the bedrock of jobs in the city) Route-In will be nothing if not a godsend.

Interview by Alice Kahrmann April 2013.