Managing Privacy Risks in the Era of AI and Ever-Changing Regulations With Jodi Daniels

Jodi Daniels is the Founder and CEO of Red Clover Advisors, a boutique data privacy consultancy and one of the few certified Women’s Business Enterprises focused solely on privacy. She is a Certified Informational Privacy Professional (CIPP/US) with over 20 years of experience helping a range of businesses — from solopreneurs to multinational companies — in privacy, marketing, strategy, and finance roles. She has worked with numerous companies throughout her corporate career, including Deloitte, The Home Depot, Cox Enterprises, Bank of America, and many more. Jodi is also a national keynote speaker, a member of the Forbes Business Council, and co-host of the She Said Privacy/He Said Security podcast.

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Here’s a Glimpse of What You’ll Hear:

  • [03:22] Jodi Daniels talks about how targeted online ads pioneered modern data privacy concerns
  • [07:29] Why privacy and cybersecurity are different and vital
  • [09:34] The evolution of global privacy laws from GDPR to today
  • [12:12] Practical steps for tracking privacy regulations impacting your business
  • [14:14] Why most websites get cookie banners completely wrong
  • [22:51] The hidden risks of uploading confidential data to AI tools
  • [25:24] How AI note-takers can compromise legal and private meetings
  • [26:47] Why your everyday software could expose confidential information
  • [31:12] Understanding the trend of companies moving AI processing back in-house

In this episode…

AI is moving faster than most businesses can keep up, and the rush to adopt new tools often hides the very real risks lurking underneath. Companies are plugging sensitive data into platforms they barely understand, assuming privacy will simply take care of itself. But what happens when the tools meant to make our lives easier open the door to entirely new vulnerabilities?

According to Jodi Daniels, a longtime authority on digital privacy, the risks aren’t theoretical — they’re already happening. She explains that privacy challenges usually emerge when companies collect or use data in ways people never expected. Jodi emphasizes that the real issue isn’t just technology; it’s whether companies are thoughtful about how data is collected, shared, and protected. Her core message is clear: in an AI-driven world, responsible data practices aren’t optional — they’re a competitive and ethical necessity.

Tune in to this episode of the Smart Business Revolution Podcast, as John Corcoran interviews Jodi Daniels, Founder and CEO of Red Clover Advisors, to discuss managing privacy risks in the age of AI. They talk about the evolution of data regulation, how businesses can avoid common privacy missteps, and what companies should know before using AI tools. Jodi also provides insights on evaluating software vendors and protecting sensitive information.

Resources mentioned in this episode:

Quotable Moments:

  • “That’s how I got into privacy as I stalked you for cars.”
  • “It’s very challenging for any organization to be 100% protected.”
  • “The California law started the evolution here in the United States, and today we have 19 state comprehensive privacy laws.”
  • “It’s why we put out a significant amount of content to try and simplify that information.”
  • “And I encourage everyone listening to really think about what kind of data are you collecting and what would you be okay with that company having access to it?”

Action Steps:

  1. Assess which privacy laws apply to your business: Understanding your data, customers, and industry helps you determine the regulations you must follow.
  2. Evaluate every software tool’s data practices: Reviewing how vendors collect, store, and use your information prevents accidental exposure of sensitive or confidential data.
  3. Establish clear internal AI usage guidelines: Setting boundaries around what data can be uploaded into AI tools protects client trust and minimizes legal risk.
  4. Strengthen cybersecurity fundamentals: Investing in robust security practices reduces your vulnerability to bad actors who often target smaller businesses with weaker defenses.
  5. Review and update cookie and tracking practices: Ensuring your website’s tracking aligns with applicable laws helps you avoid penalties, demand letters, and unnecessary compliance risk.

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Episode Transcript

John Corcoran: 00:00

All right. Today, we’re talking about reinvention, how to go from professional athlete to corporate sales to entrepreneur to now building a community of CEOs. My guest today did all of those things. His name is Matt Sharrers. I’ll tell you more about him in a second, so stay tuned.

Intro: 00:18

Welcome to the Smart Business Revolution Podcast, where we feature top entrepreneurs, business leaders, and thought leaders and ask them how they built key relationships to get where they are today. Now let’s get started with the show.

John Corcoran: 00:34

All right. Welcome, everyone. John Corcoran here. I’m the host of this show. And you know, every week we talk to smart CEOs, founders, and entrepreneurs from all kinds of companies.

And if you check out the archives, we’ve got episodes with Netflix and Grubhub, Redfin, Gusto, Kinko’s, Activision Blizzard, LendingTree, lots of great episodes. So go check out those archives. And before we get into this, this episode is brought to you by our company, Rise25, where at Rise25, we help businesses to give to and connect to their dream relationships and partnerships. How do we do that? We do that by helping companies run their podcasts. 

We are the easy button for a company to launch and run a podcast. We do three things: strategy, accountability, and full execution. And we’ve even invented what some are calling the Wix B2B podcasting. It’s our platform, Podcast CoPilot. So to learn how you can get started, you can go to our website, rise25.com, or also email us, email the team at. support@rise25.com. All right. Quick shout-out to Greg Alexander of Collective 54, friend of the show. Been a guest before who gave us our recommendation of today’s guest. His name is Matt Sharrers. 

He’s the managing partner at ETJ Advisory, which we’ll talk about what that stands for in a moment. He brings decades of experience in executive leadership, board advisory, and sales strategy, and he works with CEOs, particularly founders and CEOs and private equity-backed companies, helping them to navigate all the different things that they have to navigate like leadership transitions, scaling organizations, aligning, aligning teams for growth, that sort of thing. And before that, he was the chairman and CEO of SBI, a growth Advisory consulting firm focused on B2B revenue growth, and earlier in his career did sales and was even a professional athlete. So we’re going to talk about all of those things. But first, before we even get into those interesting topics, Matt, I’d love to know what people are like. 

As a kid, you grew up in the British Columbia area and started out cutting grass for kids before moving into, sorry, cutting grass for neighbors before moving into lifeguarding. Tell us about young Matt Sharrers going around knocking on doors and signing up the neighbors as clients.

Matt Sharrers: 02:44

Yeah. First off, John, thanks for having me. To you and the team, life as a child. Well, I grew up in a small town in Western Canada, so hockey was a big part of my childhood, and every moment that I wasn’t playing hockey, I was very active, was a competitive swimmer, and played baseball. And yeah, when I was having to make some money, I think my first entrepreneurial venture was raising money for what we called the skate a thon, where you had to go around the rink, you know, 100 times or 200 times, and I’d go door to door and have people pledge me for how many rounds I could do when I was like nine years old.

That turned into.

John Corcoran: 03:27

How many rounds, by the way, did you do?

Matt Sharrers: 03:30

That is a good question. I whatever the number was, because it actually wasn’t that high of a bar. I think I was able to get over it. I think it was like either 100 or 150 laps around the arena. I think that it was more that was the early days of maybe everybody gets a ribbon because we were I think we were raising money.

John Corcoran: 03:50

I think I’m getting dizzy even thinking of it. But yeah.

Matt Sharrers: 03:53

Yeah man. yeah, early 80s, but I enjoyed back then even knocking on the door and giving people my pitch. And when they would say they pledge $0.25 I would often say most are pledging 50.

John Corcoran: 04:10

So it seemed.

Matt Sharrers: 04:12

Like I had maybe some commercial instincts as a young man.

John Corcoran: 04:15

And if they said 50, you said most are pledging 75.

Matt Sharrers: 04:18

I would say if you’re going to do 50, you might as well do a buck.

John Corcoran: 04:21

So that’s great. But did this come naturally to you? Did you have someone in your life that you learned this from?

Matt Sharrers: 04:30

Yeah, like my parents. Neither were in sales. My dad was a very authoritative speaker. He could command a room. So.

And he was he was my brother and my swim coach. So I would watch him as he would, like, captivate attention. And I started to mirror and I think probably still do some of the things that he would do just the way that he would articulate himself. And he was very big around our dinner table. You had to explain yourself. 

If you didn’t understand what a word meant, you had to stop. You had to go to the dictionary, look up the word, and then come back to the table. True story.

John Corcoran: 05:11

Wow.

Matt Sharrers: 05:11

So. And if I ever said, dad, what does that word mean? He would always say, what do you think it means? And if I didn’t know, I had to go get the dictionary.

John Corcoran: 05:20

Did that teach you to not ask? Yes it does.

Matt Sharrers: 05:24

My older brother, my older brother Jay, would kick me under the table when I would say that because he was quieter than me and just looked at me and be like, don’t ask me.

John Corcoran: 05:35

So.

Matt Sharrers: 05:36

So that was my that was my upbringing. It was a.

John Corcoran: 05:38

Lot. So you learning sales? Actually, I was just interviewing someone else who followed this progression. This is a common progression where it goes from like door to door in the neighborhood selling something, chocolates, candy, whatever, you know, Pledges, and then eventually you realize, oh, there’s like a higher leverage types of sales that I can do. And then that draws people into the world of business like, rather than selling to my neighbors who are aren’t expecting to buy a chocolate bar on a Tuesday at 3:00.

Then I’ll sell to, you know, businesses that are actually looking for a solution that I can provide to them. And so eventually you end up in well, first there’s professional athlete. You become a professional athlete. What was it like being on the Canadian national team? That must have been phenomenal.

Matt Sharrers: 06:20

Yeah, that was a big that was a thrill. It was a highlight. I left college early to to sign with Team Canada in my at the end of my junior year. And I mean, as a young boy growing up in, in Canada, you dream about playing professional hockey and or putting on the jersey of your country. So that definitely was a highlight.

John Corcoran: 06:41

So there, you know, normally when someone says, I’m going to drop out of school to do x, y, z, a lot of times family members are like, oh, do you want to do that? Is that really a good idea? But I imagine in Canada, if you’re joining the national team to play hockey, there aren’t many people saying stop. They’re saying like, go, go, go, right?

Matt Sharrers: 06:58

Yeah, everyone. Everyone was pretty much, yeah, you should do that. And that’s a really good idea. So yeah, I left at the start of my senior year of college. And yeah, it was to this day one of the best experiences of my life.

John Corcoran: 07:16

All right. So you spend time with the national team and then you actually go and play pro in hockey leagues in, in Europe for a number of years. In your 20s. What was that experience like?

Matt Sharrers: 07:27

It was a great experience. I was, you know, when I was in college, John, my last couple of years, I actually thought that was going to be the end of the road, which I was very happy and comfortable, like, hey, playing college hockey, right? A lot of kids dream about being able to do that. Yeah, some of my schools being reimbursed. I mean, all this good stuff, and then things just kind of clicked.

My sophomore junior year started to get some attention from a couple of NHL teams. That kind of led me into what football people in the states would call the combine for the national team, which then led me to the national team. So that’s how I ended up there, played in Europe, and then had to have that realistic conversation with myself that said, okay, life is really good and comfortable. It looks like the door in the NHL is closed. Do I want to play hockey until my skates fall off, or do I want to move forward, kind of get going on the next chapter of my life?

John Corcoran: 08:25

And is Europe playing hockey in Europe? Obviously the goal is to get to NHL, right? Like playing hockey in Europe. I assume you’re not paid as much. It’s not as glamorous.

There aren’t as large teams there. Is that correct?

Matt Sharrers: 08:38

Well, at that time or even right now, I mean, it is a great option. And from a money standpoint, it’s the the next most lucrative to play in the NHL.

John Corcoran: 08:48

Okay.

Matt Sharrers: 08:48

In the 90s when I was playing mid 90s, if you went and played in Europe, you typically weren’t affiliated with an NHL team. You were playing, you know, in Germany, Switzerland, England, where I was. They pay for your house, they pay for your car. You get paid tax free. So if you compared, like my minor league contract for an NHL team with what I was making in Europe, I was making two and a half times in Europe what I would have been back in North America.

But I wasn’t kind of one phone call away from getting called up to the NHL. So it was more of like a lifestyle decision that a lot of guys would make. Some guys would make it. They’d play 3 or 4 years in the NHL, be on the fringe, go to Europe and play ten years, bank a bunch of money, live a great life.

John Corcoran: 09:35

Yeah.

Matt Sharrers: 09:37

And I had always had aspirations in business. And just I got to that point and honestly, my dad had passed away in 1996, right after I right before I made Team Canada. And my mom was really the one who said, hey, like, I know you’re having a good time, but like, you’re probably not going to play hockey for 40 years in Europe. Do you think maybe it’s time you got a good education? You went to a really good school.

You seem to have some other skill sets, you know. So I credit my mom for it.

John Corcoran: 10:14

Must have been a hard decision, though.

Matt Sharrers: 10:16

Oh, yeah? Yeah, because, I mean, I left home at 16. I’m retiring from hockey at 26. So for a decade, you were defined.

John Corcoran: 10:24

As everything.

Matt Sharrers: 10:24

By the sport.

John Corcoran: 10:26

Yeah, yeah.

Matt Sharrers: 10:27

And it’s nice to say to people, especially in Vancouver, hey, what do you do? Oh, I’m a hockey player.

John Corcoran: 10:33

Yeah, that must be glamorous.

Matt Sharrers: 10:36

Very glamorous. Right. I get into whatever bar I want. I get summers off. I’m playing a ton of golf.

Right, right. All this like you’re living this bubble gum, juicy fruit, commercial lifestyle. And then all of a sudden you’re like, oh, I’m an inside sales rep for Cintas.

John Corcoran: 10:51

Right, right. Doesn’t open as many doors.

Matt Sharrers: 10:53