Welcome to the Legally On the Move Festival of Entrepreneurs miniseries, recording live here from the Birmingham NEC. We’re going to be diving into some of the sharpest minds across the UK, some of the top CEO, some of the top cutting edge businesses for an exciting, fast-paced series. So stay tuned, get excited and looking forward to delivering even more from the show.
In the final episode of this miniseries, we get to speak with Tre Lowe. Tre is an entrepreneur, music producer and founder of SOBO Club. He first rose to fame as part of the UK garage scene with the iconic hit “Body Groove”, which continues to generate significant royalties today. With a background in the music industry, Tre has deep experience in copyright, royalties, and the importance of owning intellectual property. In recent years, Tre has transitioned into entrepreneurship, appearing on BBC’s The Apprentice and launching new ventures focused on community and impact. His personal journey—especially following the loss of his brother in 2020—has inspired a philosophy of living with urgency and purpose. At 50, he’s also a new father, embodying resilience, reinvention, and gratitude in both business and life. Stay tuned for the insights that he and our panel of surprise experts have to share as we say goodbye to this year’s Festival of Entrepreneurs.
So why should you be listening in?
You can hear Rob, Tre and the panel discussing:
– How to Be Fearless but Legally Smart as a Creative
– Knowing the Difference: Master Rights vs. Publishing Rights
– How to Be Wary of 360 Deals
– Streaming Royalties Are Low – Ownership Is Key
– Making It as a Founder and Co-Founder
Connect with Tre Lowe here – https://uk.linkedin.com/in/clare-moses-0904b629
Transcript
Robert Hanna 0:00
One. Welcome to the legally speaking podcast, recording live here at the festival of entrepreneurs. And I am joined by name title organisation,
Tre Lowe 0:08
Mr. Tre Lowe, and I’m the founder of S OBOclub, and most people probably know me as well from body groove mate the body Murphy, I’m actually shattered. I can’t believe I’m singing that software,
Robert Hanna 0:21
one of my favourite shoots growing up. It’s a real pleasure to actually finally be doing and what I wanted to talk to you today is because we connected on clubhouse, and it’s amazing how so many people from that era are here today.
Tre Lowe 0:33
It’s great. It’s like, it’s like a family reunion a little bit it is, and it’s
Robert Hanna 0:37
been a huge year for you in terms of all things entrepreneurial, personally, just tell us a little bit about your sort of entrepreneurial
Tre Lowe 0:44
journey. Oh, my God, this year has been crazy. I mean, probably going back to the last year or two. I mean the apprentice, which is crazy. I’ve come from the music business, ended up on BBC The Apprentice, which is amazing. It was actually, it was a crazy journey in some ways, because what proceeded that was the death of my brother in 2020 which really changed things for me. Before, if he had in the past, I probably would never have gone on a TV show. But after he passed, I looked at the world from a point of view of, I don’t know how much time I’ve got, yeah, and I really want to make a difference. And I’ve always been the biggest fan of Lord sugar. And the opportunity came up. I’m like, I’ve got to get on it. I’ve got some great business ideas, and I really want to get a chance to be able to pitch in front of the interviews, which is a scary process. And yeah, it’s been great. So I did the apprentice to see me. I got married, yes, had a child this year, and I’m 50, so you could probably see the bags under my eyes. I’ve just been going 100 miles an hour like I say, I look at life like each day is a blessing. I have no idea how long I’ve got, so I want to do as much as I can in a time that I’ve got, and my fundamental thing is I really want to make a difference in as many lives as possible. So yeah, it’s been a busy period for me, and that’s why we’re
Robert Hanna 1:55
grateful for you coming on a legal show. But I love your attitude of gratitude, and so I guess taking you back to the music industry, because we have a lot of people in and around people in and around the legal world. Listen to this. Want to talk about, like, copyrights, IP challenges you probably had back in the day when it comes to body groove, if people are thinking about releasing music now, what are some of the things they might be needing to think about to ensure that maybe they don’t make some of the mistakes you may have did
Tre Lowe 2:16
back then? Wow. I mean, our first record, actually, I want to, I want to say this. I don’t know how the world has changed, but our actual first big hit record was a brand new Monica. The boy is mine, yeah, and it was a bootleg. I can admit it now, because 27 years ago, no one’s gonna sue us. Ago. No one’s gonna sue us, but we made a tonne of money of selling it white label, something you can’t do. So the equivalent of nowadays is just put it out there, because what you will be selling is your name. So I do want to start then I know, obviously your legal channel. But I think for the creators out there, don’t let legality within reason stop your creativity. Yeah, because what happened in our case is a record label, rather than sue us, which they had a perfect right to do, ended up partnering with us because we took that track and actually made it popular and made it go back to number one, and the record label rep in the UK became one of our managers. So never be afraid to push the grain, I would say number one. But then Legally speaking, I think if you’re an artist, and it could be in any field, really, make sure that you’ve got your eyes dotted and your T’s crossed, yeah. Make sure you understand your paperwork. Make sure you’ve got a bloody good lawyer that’s advising you, because that could bite you on the bum years later. Yeah. Make sure you’ve also got a lawyer that’s pushing for you, because three points is not as good as seven points, for instance, you know. And on your own, you might think, I’m just going to sign a deal because it’s a deal. Yeah, and you might end up signing a lousy deal, a 360 deal, which, for those that know, don’t know, means that they own everything you do. In our case, back in our days, it would be like you do a separate publishing deal, separate record deal, then your merchandise, everything else you could do separately. Now they sign a lot of artists 360 which means, I don’t know anything you do if you can be independent, be independent. Try and do a distribution deal. If you’re bloody good musician or whatever creative, try and own your IPO intellectual property and licence it out rather than sell it. So in our case, body groove, we gave it to the record label, which is universal, and it seemed like a lot of money at then, but they owned that record for your whole life, plus 50 years, I believe, right, which is a long time to own something that you’ve created. So just be careful about what you’re signing legally. Make sure it really works for you 10 years from now. Robin, I need the money. I need it really right now. So I just think, be careful about what you’re signing. Yeah, get a good lawyer.
Robert Hanna 4:54
Very sage advice. And I guess, just to break it down for people then say, if body groove and Royal. Royalties in how that works. So if with what you’ve done, if body groove is played on the radio or elsewhere, now, what does that mean from a royalty perspective for you? So nothing or something,
Tre Lowe 5:09
that means a lot. My God, we get a tonne of royalty to that record. So basically, royalties are split in two. You’ve got the mechanical royalties, which the record labels, that’s the actual master the recording, and then you’ve got the publishing side of it, and they’re split in two. So in our case, the publishing is something that’s renewed every five to seven years, and Sony owns it. From the recording point of view, universal owns it, but I never think to point out actually they own that physical recording. But you can get it recorded again. You can get it recorded so faithfully to the original that to a normal person, they won’t know. But in that case, you would own the actual mechanical right, because publishing tends to be renewed and not owned forever, as the physical master side tends to be owned forever. I don’t know what the deals are nowadays, but certainly what it was in in my days. So yeah, the royalties will come from those two angles. One will be from the publishing side, ones from the master inside. The royalties are not as much as it used to be in my days, though. So say, for instance, you’re on like, body group, it’s probably streamed over 100 million across all the DSPS. Yeah. And say, from Spotify, you only get something like five grand for a million streams. Wow, which is not much. So you see what I mean when I say, if you own your copyright, you’re now getting near 100% obviously, they’re gonna get a little cut, versus, in our case, I think we own 16% of it. So you’re getting 16% of whatever that five grand is if you got a big enough record to show off your Taylor Swift. Happy Days, yeah. But nowadays, not so much, you know. So that’s, yeah, that’s how royalties works. No, really
Robert Hanna 6:33
appreciate that. And a lot of people in the legal industry are creatives themselves. And actually they have lots of things that they’re building, be it podcast channels, be it media options, whatever it might be. So it’s really good advice. Okay, now I want to talk about the apprentice, because you’ve been through that. And again, lots of lawyers or people who are legal tech entrepreneurs, people, how did you get on it? And again, you did a talk on it. Give us some top tips if people do want
Tre Lowe 6:56
So I ended up on The Apprentice because, like I said, my brother passed away, and I really wanted to make a difference. I had this idea for a shot that would impact men, that would promote testosterone, yeah, because modern men’s testosterone levels are falling off a cliff, yeah. And there are so many environmental reasons and lifestyle reasons and modern reasons why that is so I had this business idea. Anyway, my wife actually applied for the show, and something in me just said, Tre, you need to apply as well. And it’s weird, right? Because going back to body groove, if you ever watch the video for body groove, you’ll notice that me and my brother in the background, but it’s actually my brother’s voice on that track, but he didn’t want to actually be on the video, so we had to get someone in, because he refused, and then I refused because we weren’t into fame, right? But back in our days, fame wasn’t as big as it is now under the pool. So my thought, my thing was, oh my god, I’m gonna go on TV. I love the show. I love Lord sugar, one of my biggest idols, but my God, I don’t have to be on TV, but because my brother passed, I’m like, No, I now want to be on TV because of the leverage that you get. Because I am someone who wants to be a recognisable face that makes a difference. Yeah, so leverage was everything to me. So I went and auditioned, and I thought to myself, the minute they know I’ve done body groove and I can come across competent enough they’re going to be like, Oh my God. And I learned, actually later, that the producer did punch the air when I walked in, because he’s thinking, How is it a guy that did body group has walked in to the apprentice like, it doesn’t make sense. Such an iconic track, though, yeah, but it just doesn’t make sense. They’ve never had a musician on the show, right? Okay, and I’m the oldest person that’s ever been on that show, as far as I know. Not anyone talks about it, because nobody says, I look my age like age, like, black. Don’t crack. It’s one of those things. But yeah, it was just a sense of purpose. I was like, right? I need to get as many eyeballs as possible. Yeah, it’s one of my favourite shows. It’s not a typical reality TV show. As far as I could say, I see it more of as a business show than a reality TV show. And I’m like, yeah, let me go for it. And you know, luckily, I ended up all the way in the final five. But because of the short notice nature of that, I went on it, I didn’t have enough time to flesh out the business idea. So I knew I’d probably get to the finals, because I’m so bloody competitive, yeah, but I thought if I do get there, I won’t be able to win it, but the advice I’d get from the advisors would be priceless, and it really was, because everything was like, okay, the product idea that you’ve got is rubbish, but you as a person, would invest in you all day long. And I think that’s great, you know, it’s a great endorsement. You know, absolutely. And the advice I’d give to people is really go for it. Actually, okay. I’d say, go for it, but be yourself. Because some people go in there and try and be a bit performative and try be larger than life and something that they’re not because they think that’s what they see on the show. I would say, No, be yourself. Just be yourself. But. End up to dialling yourself a little bit. Yeah, don’t be a shrinking violet.
Robert Hanna 10:03
Really go for it. No, I love that. And we’re actually recording in Black History Month, and it’s something we do a lot to support. Actually, we’ve had one of the world’s first rappers and lawyers come onto the show. We’ve had some of the top presidents of the Law Society and incredible people. And we’re real allies and try to support and really encourage diversity, equity, inclusion. So I guess, from your own perspective, in terms of going through multiple industries, property, music, etc. What do you think more could be done to support black, emerging talent coming through?
Tre Lowe 10:29
I’m glad you say that right, because I also have a show on a political show, a weekly show, Saturdays, 69 I plug it on GB news. And GB news is a channel that does skew towards the right, and I’m very much centred politically and socially, and I’m glad you say that, because I think we’re now in the sort of Trump era where people are like, dei is dead and di is wrong, and people just assume if they see a black face, you’re probably not qualified. You’re only there because you’re dei higher. And I think that’s wrong. So first of all, I just want to say that I think there should be more encouragement of diversity, but with competency. Don’t just put someone in that’s not good, because they do the whole movement of this service. But I think the thing I like about diversity is here you’ve got diversity of ideas and diversity of creativity. You know, if I look at, say, our journey musically, that was an amalgamation of growing up Nigerian in a West engine neighbourhood with all of the myriad of cultures in my neighbourhood, which is not in Hill. So it’s something that diversity brings. Whether it’s ethnic diversity, religious diversity, could be gender diversity, it just it adds a richness that otherwise won’t be there, because the old world was a much more sort of male pale still, sort of where the world, and also socially, economically, much more of an Oxbridge type world where, you know, Mama and Papa and they handed it on, and you didn’t get much creativity. I mean, can you imagine Hip Hop existed in a world that was as rigid as that? Right? Yeah. And I think I love the fact you’re starting to see in all sorts of spaces, even in banking and stuff like that. So I’m really encouraging of the of the in and of itself. I just think it’s great, but as long as it’s not performative, I think there are a lot of organisations that talk about it, but don’t really do it. There are a lot of organisations now that are scaling back. Because obviously, whatever happens in America, you know, America sneezes, we catch a cold, so people are starting to dial back on and I think that’s really, really sad. And I think for people of colour or from sort of, you know, genders that are marginalised or underrepresented, like women, for instance, in the FTSE 100 not many women at CEO C suite levels, I think, really lean into being better than you even need to be. Yeah, and it sounds crazy when I say that, because I grew up in a culture, a Nigerian culture, where it was before the woke era. And I hate using that term, but for one of a better word, I didn’t have this sense of complaining because I was black or it’s not fair? Yeah, I grew up in a culture where my dad said to me, you’ve got to work three times harder because you’re black. And I think that’s becoming more true now, as people are starting to dial back and dei I think be bloody good, be as amazing as you can be. But I think do more in terms of organise more be seen more like, that’s why I’ve gone the apprentice, be known more, become so, so attractive, almost as your own personal brand, that people want to work with you. And I think that’s one of the biggest advantages of being someone of colour or someone that’s not the norm in whatever industry you you are, people remember you. Yeah, so I walk into a space I’m even here like, there’s not that many black faces. I love that. I don’t feel intimidated by it. I love it. Why? Because people gonna remember me. Of course, I think lean into that strength. Don’t lean into the fact that I’m, you know, I’m a minority, and it’s gonna be harder. I think it’s gonna be easier. Yeah, I actually think I have a massive advantage growing up with this sense of you got to work three times harder, and being fully self expressed in my self identity and very proud of it. And just, yeah, going for it. I have a crazy amount of confidence, crazy love it answers your question. So, barely any sleep. So I’m like, trying to, like, keep it all in my head. No, it’s probably been a new dad. It’s like, no sleep. And key point
Robert Hanna 13:55
about is, you know, if you’re not visible, you’re almost invisible in the world we live in. Yeah, it’s
Tre Lowe 13:59
really key. But another thing to add to that, though, Be of service, though. So when I say, Be visible, don’t do the whole ego. It’s not about you. Yeah, serve with people. So be of service. My thing, I want to be known. I don’t want to say famous, because it’s a stupid word for that concern. But I want to be known, because the more known I am, the more I can disseminate all of my ideas, and my ideas, I believe, are to make people great at what they do and who they are. And I think if you’re like that, that’s why nothing will get in my way. So I don’t care how many times I fail, because it’s not for me. I really want to make a difference. Because, like I say, after my brother died, I don’t know how long I’ve got, and I want people to remember me as Tre was that kind of person that wanted you to be your best and do well. That’s why I want to be known.
Robert Hanna 14:36
I love that. And my late grandfather, you say to me, live, respected, die, regretted. And I remember saying to people when I deliver talks, is if you want to be known, if you want to be known, create, but if you want to be trusted, educate. And so what we try and do with everything here is we’re trying to educate people, right? And you build that trust and that voice of authority, and then you can go out there and and do great things, traits, amazing, but you’ve cut across so many different industries, and you know, you’re successful entrepreneur. What are some of the traits you look for when. About business partners or employing people, or, again, people who might be thinking of going on entrepreneurial journey. What are some of the traits you look for?
Tre Lowe 15:06
I think generosity, like what I just said, it’s not about me, okay? And that’s what I loved about the the apprentice. I think even to this day, I get stopped all the time. I wasn’t expecting that. And it’s not just stopped. Like Love Island. Oh my god, you want to show it stopped. Like, Tre, you inspired me. And I love that, yeah, because I didn’t necessarily set out consciously to be let me be inspirational, because then that’s like an inauthentic house just being me, yeah, and who I am naturally someone that wants to give I want to point to other people. It doesn’t mean I don’t want to compete against you and smash the hell out of you. Of course, I want you to also be your best. So I look out for qualities of, I look out for qualities of real contribution, generosity. I like people who want to make a difference, like I’ve just been I talk a lot about Ubuntu, and a lot of people don’t know what that means, but it’s this African philosophy of, if I win, you win. And someone else said something else to me. It was a new concept, which is radical collaboration that’s here with you. Yeah, I’m not someone thinking I’m too big, or I’m doing that, or maybe you pay me what you’re going to do. Who do you think you are? My thing is, no, I think be someone that radically, radically collaborates with other people, especially when there’s congruency, right? Collaborate where you know what I want you to really win. Because even from a business point of view, people never forget that, because I always remember how you made them feel exactly, you know. So I’m a big network and one of my companies, sober club, is all about networking. People always remember that. So when you’re doing business, people always come back to you. So I look out for people who want to contribute, people who have a purpose and a vision beyond them. I love people who generally think about their contribution as what they’re going to do is going to reverberate through time. And I said that on The Apprentice, you know. And there’s no accident that me and that me and my brother ended up being musicians. Why? Because music reverberates through time. It’s the biggest contribution. You know, I’ve gone through. Can I swear on this? Or can I talk I want? Probably not. Okay. I went for a lot of shit in my life medically, and I do have a lot of different medical conditions, one of which is severe tinnitus. And one of my biggest heroes is Beethoven, because when he did the Ninth Symphony, he had to be turned around by the audience because he couldn’t even hear so even without realising, in fact, he did, because he talked about in these diaries, he always had a lot of suicidal ideation, and I’ve gone through that myself with my health. But he recognised that his contribution was bigger than him. Yeah. So there I was, what 170 years later, this young kid in Notting Hill going for the most horrendous suffering with tinnitus and other health and conditions, thinking sometimes, you know what, maybe I’ve got a jump off a building. His legacy fed into me, and without those kind of people pouring into me, I may not be here. So I love people that think about their contribution as reverberating through time. Steve Jobs is another one. I mean, all of us in our pockets, has Steve Jobs legacy. Yeah, I love that. So I like people who think beyond themselves. How am I going to actually have a positive impact in society, which is why I do the news channel that I do, because I want to impact the world. I see the way the country is going. I want to be part of that conversation, especially now, of a young son. So those traits, generosity, integrity, even things like just aliveness and alacrity, people who are like, alive, but you’ve got that, look at you in red. You’ve got everybody’s energy. Yeah, everything’s energy. I love the whole energy of people who have this positive spirit, people who are negative. I run away from them. I’m like, no, no, don’t infect me with that stuff.
Robert Hanna 18:15
that stuff. It’s, you know, you’ve got radiators or drains. Yeah, be around those radiators. Some people are
Tre Lowe 18:18
drain this. And another thing I think I showed you this, right? I think I showed you this, right? I always walk around with this, right? When I’m going to go talk Joe, I walk around with this, guess, why? Tell me. No, you tell me. Why do I walk around with a rolled up toothpaste when I’m going to speak and do an event like this? What does this signify?
Robert Hanna 18:34
You want to look on point, no excellence, no positivity.
Tre Lowe 18:40
So you know what’s weird about this, right? We have more reverence for this little tube of toothpaste than we have for our life. What does it signify? I grew up crazy poor in Notting Hill. My dad, on paper, was a very wealthy man, but in practice, he was poor because he was in property, and he never let out his property. That’s a different story from every day, right? But we used to roll up the toothpaste. Why we wanted to squeeze everything out. Most people don’t live life like this. I love that. This is my analogy of and that’s why, when people think, oh, Tre, you’ve gone from music to this, I believe in the power of reinvention. You’ve always got something left to give you. Said it earlier. I think you said about your granddad, right? Most people, they’ve done surveys off at the end of life. You know, what they regret. They regret what they didn’t do, not what they did do. So this is my reminder always to keep squeezing out every bit of talent, every bit of purpose, every bit of service. Because if we can do it for bloody toothpaste, and everyone, every morning, uses this, why do we leave so much and so many people you know, leave so much left to give I know. I start that business, then I’m going to marry that person, then I’m going to leave this bloody corporate job. Then. No, no, do it now. Squeeze everything you can. And most people are too terrified, because they’re worried about failure, maybe they’re worried about success, which was my brother’s issue. But no, I want to squeeze every single drop that I’ve got because someone listening maybe even to this podcast, just like I was inspired by Beethoven, they might be inspired by me. So. Want to keep squeezing out everything I’ve got in service of other people, and it’s so important.
Robert Hanna 20:04
I love that. And it’s not one day, it’s day one, right? It’s actually, I love that. To your point earlier about, you know, collaborating with people. We talk a lot about collaboration as domination, and actually coming together with other people, like we is greater than me, and I just love your whole mindset and mantra. So with that and supporting one another, where can people go to find out more about what you’re working on, and tell our listeners where they can find out more and support
Tre Lowe 20:25
you. So guys, you can find me at Trello, and that is on LinkedIn. Is that Tre low on Instagram? Is that Trello? I think on Facebook, it’s at Trello. And trust me, guys, I’ve got people that will look through my all of my socials, and I’ll definitely get any message that you guys send. But you can also go to sobo club.com as well and find that about our networking events and training company. And that is S, O, B O club.com and at the moment, we’ve actually got an amazing training that’s training people how to do this. It’s a speaker’s training, because most people’s biggest fear of it, and that is this holding the mic. And I really want people to get used to holding the mic and sharing their story. Because, you know, like when I was in the depths of hell, I relied on people who shared their story to keep me going. So whoever you are, you’ve got a story. There’s something you’ve got in you that’s going to inspire, perhaps even save someone’s life. Never be afraid to hold this mic and share your story. So yeah, that’s where you can find me, and that’s my company, soboclub.com,
Robert Hanna 21:20
inspirational, amazing. Cheers. Thank you so much. It’s so great to finally make you in person after all these years. Thank you for the difference you make as well. Thank you. We appreciate that. So here we have it, folks wrapping up form the legally speaking podcast live at the festival, entrepreneurs, but from Tre and the iconic body group for now, over and out.
Panel
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Good morning, everybody.
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Welcome to Day 2 festival of
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entrepreneurs. And today we are talking
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about who supports the CEO. So my
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name, my name is Rob Hannah. I’m
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the founder of KC Partners. We’re a
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legal talent solutions and content
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creation. I’ve also the host of the.
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Legally Speaking podcast, which is the
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number one podcast for law in the UK,
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ranked in the top 1% of shows in the
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world. And we’re sponsored by an
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organization called Cleo, which is a
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legal tech business for the $3 billion
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valuation. And I’m joined by a
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star-studded panel today and I’m going to
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go from left to right for some short
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introductions and then we’re going to get
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into today’s discussions. So please
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kindly. Introduce yourself.
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O’reilly’s.
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Also, umm.
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5381 people on
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their business days
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and. Thank you.
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Ohh I’m going to hit the like.
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Testing. Testing that was so good you
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could say it again. Can
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you hear me OK?My name
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is Darren O’Reilly, I’m the co-founder of
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also also is a high protein superfood
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milkshake we’ve been looking up to being.
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It’s terrible.
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Yeah, let’s go in the meantime.
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We are the world’s largest CEO
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here. Advisory and coaching business
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45,000 members politically across
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countries.
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Good morning, everyone. I’m Roger here.
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- Thank you. Company
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pioneering blood flow restriction wearers
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so our products enable athletes at all
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levels to recover faster, perform better.
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We work with 300 pro sport teams across
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the world, including some of the greatest
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athletes on this planet. Off planet, we
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actually worked with NASA and SpaceX on 2
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space missions so far we’re on Polaris.
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For the last year.
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Thank you very much. Well,
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ohh. Wow.
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Well, good morning everybody. My name is
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Heba. Then I’m the CEO and founder
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for other very limited what we do.
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We have a low power wireless sensor
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network with a neuromorphic chip, which
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is AI on the chip and we
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monitor major infrastructures like
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tunnels, bridges. Anything
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that you use as basically as
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a big instructor, we actually monitor.
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So we monitor the Crossrail, Tideway,
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NTR, learned teething, Hong Kong as
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well, Australian tunnels and water names,
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Singapore jump, fly over and we
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make sure things doesn’t collapse.
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So we provide a huge amount of
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data, and that data helps engineers to
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make a decision. And it gives them
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not just data, it’s actually a prediction
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as well, how things are going during
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that construction. Third time, third
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times, the time you can hear me.
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Yeah, my name is Darren O’Reilly and I’m
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the co-founder of also also is a high
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protein superfood shake. Basically what
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our philosophy is when your foundation
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you’re strong, you’re potential is
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unlimited and that starts with nutrition.
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So we want to do is grade a
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formulation that can support people on
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their busiest days. We’ve been nominated.
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And food and drinks started for the year
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and in the short period of time where we
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shipped over 450,000 miles across the UK
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and Ireland and then to about 2800
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countries around the world. So there we
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have it folks. I’m looking after the
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bodies, to looking after bridges and
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everything in between. That’s what I love
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about events like this, such diversity of
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business interests. Interesting things we
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can learn from startup founders and
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entrepreneurs. So let’s get into it now.
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We’re gonna start from sort of solo
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founder to supported leader and come to
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you first roller judicially because you
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left the career in banking, very
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successful one to build your business.
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You’re now used by, as you mentioned,
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over 100 elite sports teams. So what was
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the first moment you realized you
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couldn’t do it alone?So I
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think from from day one, to be honest,
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actually I’m not, I’m not a solar panel
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with cofounder actually. And actually
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that’s really important. I think. So I’ve
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got so much respect for anyone who’s a
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solo founder of business because it’s so
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hard to do on your own. And one piece of
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advice would be if you are starting any
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aspiring fountain here would be to find
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cofounders. Couldn’t find your network in
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my work. Can you do people and living,
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breathing and bleeding and with you as
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well. And then from a CEO perspective, so
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it’s the way of cofounders. I’m still the
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CEO. They have different roles in that.
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Mine got very different rates of theirs
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and what you find in a kind of a high
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growth startup like Pietro where we’re
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operating in kind of blue. Make an
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environment where no one’s done what
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we’ve done before. You’re constantly
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seeing challenges and issues that you
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have no idea what to do. And so I’ll do
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another problem today, which we’ll find a
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solution for tomorrow. I’ve got to find
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that, and it’s not going to all come from
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- So I really value kind of collective
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intelligence around me, and that can be
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in the core. And that could be advised,
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that could be coaches and it’s my job
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really the CEO is to run, ask, find those
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people that I can kind of leverage for
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intelligence and ask the right questions.
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Then to pull it together with expertise
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in different areas, particularly where
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and we can say for example, I have a lot
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of people in marketing PR, that’s not
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something that comes naturally to me. So
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I can leverage the expertise. And that
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would help me find solutions going
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forward. Love that and I always. We’re
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all about collaboration domination find
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those people you collaborate and do some
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better and said it yesterday we is
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greater than me. I think if we can come
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together as we’re talking about in terms
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of Co founders super powerful Rebecca
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love to come to you because you know the
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Steve sports over 45,000 plus leaders
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globally. So from your perspective, why
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do great CEO’s need strong advisory?And
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peer networks to avoid the isolation that
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700 miles to go through. And thank you.
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So it can be very lonely as a, as a CEO.
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I mean, even as a co-founder, I think you
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know, you’re, you’re out there on, on
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your own and you don’t have the answers.
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And I think really kind of great CEO’s
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have the humility to know that they have
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that growth mindset and they really want
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to go out. And seek advice and
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perspectives from a diverse group of
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peers, quite frankly. And that’s exactly
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what we do. Essentially, we bring
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together those CEO’s from non competing
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businesses and create that safe space
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where they can, you know, kind of
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strategise with other people who don’t
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have any vested interest in their
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business, quite frankly, other than just
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supporting another. Fellow leader. So
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it’s really important. It’s that sense of
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community as well. And you know, I said
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it yesterday, you’re only one connection
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away from potentially changing your life,
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maybe your business, maybe your
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aspiration. They can unlock that piece of
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gold with Darren I was talking about
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actually before coming on stage. But I’m
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coming to you and as a former sort of
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very successful professional rugby player
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turned co-founder. What parallels do you
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see between leading a support team on the
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pitch and as building senior, as building
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your business, basically? Yeah, it’s a
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great question. I think the parallels are
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massive. So I’ve been fortunate enough to
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be kind of coached and managed by some of
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the best coaches around. And so like some
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like Turkey, Joe Smith, Mike brought up.
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OK, but they always feared would bring in
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outside support to give examples of
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teamwork. And then like any great team,
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no one individual wins. You all win
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collectively or you all lose
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collectively. So when we look at building
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culture and like the word culture has
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banded around a lot, particularly in
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startups. What you really want to be able
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to do iron the right behavior programs.
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You understand what intrinsically
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motivates people to be the best version
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of themselves. So for example, some
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people are really motivated by the
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flexibility of time. So if they’re a
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young family, you’ve been able to come in
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a little later to the office or leave a
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little earlier, but logged on and maybe
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do that work. Other people
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all around money, other people if they’re
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around promotion and being able to do
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that. So if you understand what motivates
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individuals and then give them the
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freedom to run whatever area their
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business lives, like what you said,
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right? So certain areas of business, I’m
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definitely not the right person to be
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doing it. You need to be able to give
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people freedom and motivation to be able
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to take complete ownership and that’s how
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you build the right team around you and
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also the right environment and it shows
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that you genuinely care. I think they’re
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not just a number, they’re a person and
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they change. So from my own perspective,
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having a legal head hunting business, we
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don’t say we place somebody once, we
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place them for life and maybe when they
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first start they are interested in them.
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And maybe they are prepared to leave the
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house, maybe family life comes along and
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they’re looking for a little bit more
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flexibility. And as an organization, if
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people stay with me, you need to
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understand that their priority shifts.
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They’re getting home for bath time is
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their top priority actually at the moment
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versus maybe what’s on the the dial. And
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that improves retention. It just improves
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the overall culture. It’s just the win,
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win all round. OK here, but as. Again, a
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founder yourself, when did you realize
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you needed help Well, I wish actually
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somebody in the trash told me that that
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you need another family because I am a
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sole founder and I founded the business
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12 years ago but I was very fortunate
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you know from the age of 18 as
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an engineer actually worked in. Another
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company. Which
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is very successful in terms
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of chip design and design
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and work we amazing engineers
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throughout to actually help an
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architect what politics which people
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use us today in their
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films and I think that
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the. Major things for me is always
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we needed people to connect and people to
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advise us and to lead us in certain
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way. And it doesn’t matter from your
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family wishes, they probably don’t
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understand where exactly what you’re
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doing to people around you. But somebody
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is like Tudor Brown, which is the brand
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of the arm. And
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he advised me on regular
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basis professors that during the
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universities that I worked with
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like Andy Terrell and as
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well David Cardwell and David
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Howard, it’s like they’ve been
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really, really there for me
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when. Have some technical
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challenges and need a certain
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people in the company from
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technicality and St. You
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look for as, as you said, this
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is basically where the holes where the
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labs and you’re trying to put a
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really good team around you to help
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out in strategy. Decisions and
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critical decisions and when you take it
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and I’ll say I always hire people
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who are better than me and they
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understand things that I don’t understand
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because you and you need to really
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versatile of different people around you.
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So your team is. Is it 4?
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And having the right team is is a crucial
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Yeah. And that leads nicely onto the the
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next part of of the discussion, which is
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the right kind of support because advice
297
00:11:30,027 –> 00:11:32,174
is great, but bad advice is actually
298
00:11:32,174 –> 00:11:34,322
devastating for you. And I’m talking from
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00:11:34,322 –> 00:11:36,162
experience. And I say specific is
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00:11:36,162 –> 00:11:38,616
terrific. So Raj at Pietro and, you know,
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00:11:38,616 –> 00:11:39,888
scientific rigor. Credibility absolutely
302
00:11:39,888 –> 00:11:42,401
key to what you’re about. So how do you
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00:11:42,401 –> 00:11:44,355
choose the right advisors and experts to
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00:11:44,355 –> 00:11:46,589
support you that’s going yeah. So I think
305
00:11:46,589 –> 00:11:47,985
again, it’s about point about
306
00:11:47,985 –> 00:11:49,939
understanding the gaps that you have in
307
00:11:49,939 –> 00:11:51,894
your you’re kind of your own knowledge,
308
00:11:51,894 –> 00:11:53,848
but also finding the right people’s often
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00:11:53,848 –> 00:11:56,361
like as it is, the hiring is kind of
310
00:11:56,361 –> 00:11:58,315
fraught with difficulty as well. And one
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00:11:58,315 –> 00:12:00,568
of the things that we do. Firstly, look
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00:12:00,568 –> 00:12:02,243
to our own network for the relevant
313
00:12:02,243 –> 00:12:03,918
individuals. So we have kind of referral
314
00:12:03,918 –> 00:12:06,310
to that. And then what we’d like to do a
315
00:12:06,310 –> 00:12:08,224
hike over also almost try before we buy.
316
00:12:08,224 –> 00:12:10,377
So can you work with them for a short
317
00:12:10,377 –> 00:12:12,291
period of time, see how they fit in?
318
00:12:12,291 –> 00:12:14,205
Because lots of people come to start up,
319
00:12:14,205 –> 00:12:15,401
especially when you’re here because
320
00:12:15,401 –> 00:12:17,315
you’re high growth saying we can take you
321
00:12:17,315 –> 00:12:19,708
to the next level, we can do this and you
322
00:12:19,708 –> 00:12:21,861
know we want 1% of the business and like
323
00:12:21,861 –> 00:12:23,594
you. Don’t know what outcomes gonna come
324
00:12:23,594 –> 00:12:25,492
from working with them. So we often like
325
00:12:25,492 –> 00:12:27,390
to have a period of time we’re working
326
00:12:27,390 –> 00:12:29,051
together before we commit to a longer
327
00:12:29,051 –> 00:12:30,237
term relationship. And actually what
328
00:12:30,237 –> 00:12:32,373
we’ve seen is a lot of our advisors are
329
00:12:32,373 –> 00:12:34,271
start off as investors, took a great way
330
00:12:34,271 –> 00:12:35,932
to start as well. So they’ve actually
331
00:12:35,932 –> 00:12:37,593
really believed in what we’re doing. They
332
00:12:37,593 –> 00:12:39,491
put money into the business. We then work
333
00:12:39,491 –> 00:12:41,626
with them for a bit and actually like our
334
00:12:41,626 –> 00:12:43,449
Chief strategy officer at the moment. You
335
00:12:43,449 –> 00:12:45,193
started just an investor and that’s a
336
00:12:45,193 –> 00:12:47,186
great way to go. You know, they’ve got
337
00:12:47,186 –> 00:12:49,428
skate skin in the game and when it’s the
338
00:12:49,428 –> 00:12:51,172
bad times, they still care. You know,
339
00:12:51,172 –> 00:12:52,667
they don’t go running because they’re
340
00:12:52,667 –> 00:12:54,411
invested in it. And I think that’s
341
00:12:54,411 –> 00:12:55,906
important for stability as well. OK,
342
00:12:55,906 –> 00:12:57,401
Rebecca coming to you, You’ve launched
343
00:12:57,401 –> 00:12:59,145
the scale. Tons of brand is very
344
00:12:59,145 –> 00:13:00,390
successful, cheaper now. Obviously I
345
00:13:00,390 –> 00:13:02,134
saved this stage. How should CEO’s go
346
00:13:02,134 –> 00:13:03,774
about thinking building Advisory Board?Or
347
00:13:03,774 –> 00:13:05,392
indeed leadership team that truly
348
00:13:05,392 –> 00:13:07,658
challenges rather than being just a yes
349
00:13:07,658 –> 00:13:10,248
yeah, I I think it’s so important because
350
00:13:10,248 –> 00:13:12,838
you don’t want to create an echo chamber
351
00:13:12,838 –> 00:13:15,104
and just people that are validating your
352
00:13:15,104 –> 00:13:17,370
own thoughts. And you know, KPMG did
353
00:13:17,370 –> 00:13:19,635
study 20 years ago now that actually
354
00:13:19,635 –> 00:13:21,578
diversity brings higher performance in in
355
00:13:21,578 –> 00:13:23,886
teams. So you didn’t want to. Giving
356
00:13:23,886 –> 00:13:25,891
people that compliment you and that will
357
00:13:25,891 –> 00:13:27,896
challenge because like you say, you know
358
00:13:27,896 –> 00:13:30,188
you don’t want to just keep doing the
359
00:13:30,188 –> 00:13:32,192
things that you’re doing. You have to
360
00:13:32,192 –> 00:13:34,197
think outside the box. Business is moving
361
00:13:34,197 –> 00:13:36,775
so quickly today and you know the pace of
362
00:13:36,775 –> 00:13:38,494
innovation and change. You need that
363
00:13:38,494 –> 00:13:41,313
challenge. And nothing changes if
364
00:13:41,313 –> 00:13:43,016
nothing changes, and I’ve seen it time
365
00:13:43,016 –> 00:13:44,963
and time again, people can’t get the same
366
00:13:44,963 –> 00:13:46,909
result or they keep agreeing on the same
367
00:13:46,909 –> 00:13:48,855
principles as we need to bring in that
368
00:13:48,855 –> 00:13:50,558
new energy that probably are going to,
369
00:13:50,558 –> 00:13:52,261
you know, provide feedback, even if it’s
370
00:13:52,261 –> 00:13:53,964
from a negative or constructive way. And
371
00:13:53,964 –> 00:13:55,911
you need to find a way of actually
372
00:13:55,911 –> 00:13:57,614
utilizing that fuel it to take the
373
00:13:57,614 –> 00:13:59,074
business forward and forward. So Darren,
374
00:13:59,074 –> 00:14:01,020
coming back to you, why is it important?
375
00:14:01,110 –> 00:14:03,210
People outside of your business who
376
00:14:03,210 –> 00:14:05,310
challenge you from a leadership and
377
00:14:05,310 –> 00:14:07,060
actually the direction you’re thinking,
378
00:14:07,060 –> 00:14:08,810
ohh, look, it’s critically important
379
00:14:08,810 –> 00:14:10,560
because look, everybody can strategize
380
00:14:10,560 –> 00:14:12,660
internally, but sometimes, you know, you
381
00:14:12,660 –> 00:14:15,460
need to be able to see the wood
382
00:14:15,460 –> 00:14:17,560
from trees and for like garage
383
00:14:17,560 –> 00:14:19,660
deployment, we’ve been fortunate to bring
384
00:14:19,660 –> 00:14:22,179
on some really good. Board advisors as
385
00:14:22,179 –> 00:14:24,277
well as investors. So wouldn’t more
386
00:14:24,277 –> 00:14:26,025
notable people, something called frankly
387
00:14:26,025 –> 00:14:28,822
Clr and Mark had a 10 billion market
388
00:14:28,822 –> 00:14:31,620
cap net taken on Nas in the US.
389
00:14:31,620 –> 00:14:34,417
But the reason why I really wanted Frank
390
00:14:34,417 –> 00:14:36,864
involved in business, which one is the
391
00:14:36,864 –> 00:14:39,312
killer? He knows exactly what he wants
392
00:14:39,312 –> 00:14:42,242
and how he wants to go. We
393
00:14:42,242 –> 00:14:44,566
also have a scale building. He’s managed
394
00:14:44,566 –> 00:14:46,890
organizational up to four or five 6000
395
00:14:46,890 –> 00:14:49,546
people were in league team. Like when I
396
00:14:49,546 –> 00:14:51,870
say lead, we’re really lean. But he’s
397
00:14:51,870 –> 00:14:54,526
also able to help bridge the gap from
398
00:14:54,526 –> 00:14:56,186
uncertainty to certainty pretty quickly
399
00:14:56,186 –> 00:14:58,178
because he’s seen where other businesses
400
00:14:58,178 –> 00:15:00,170
have made that mistake. We’re extremely
401
00:15:00,170 –> 00:15:02,548
fortunate to have somebody like. In the
402
00:15:02,548 –> 00:15:04,461
business, but I would really encourage
403
00:15:04,461 –> 00:15:06,694
everybody in the room if you’re looking
404
00:15:06,694 –> 00:15:09,245
for support use your network reach out to
405
00:15:09,245 –> 00:15:11,477
people who called outreach to try and
406
00:15:11,477 –> 00:15:13,710
that’s how we are engaged and started.
407
00:15:13,710 –> 00:15:15,942
Then I introduced her to another person
408
00:15:15,942 –> 00:15:18,812
on our board and I’m the main thing is
409
00:15:18,812 –> 00:15:21,363
be coachable would be able to listen to
410
00:15:21,363 –> 00:15:22,924
what these seasoned. Entrepreneurs, CEO’s
411
00:15:22,924 –> 00:15:24,654
are able to advise you, unless you’re
412
00:15:24,654 –> 00:15:26,383
going to be coachable, there’s no point
413
00:15:26,383 –> 00:15:28,360
in having them. So like it’s a double
414
00:15:28,360 –> 00:15:30,336
edged sword. You want the man, you want
415
00:15:30,336 –> 00:15:32,066
their investment, you out there guys, But
416
00:15:32,066 –> 00:15:34,290
if you don’t listen to it, it’s a waste
417
00:15:34,290 –> 00:15:36,760
of time as well. So you’ve got to be open
418
00:15:36,760 –> 00:15:38,737
to being coached. And I think that’s the
419
00:15:38,737 –> 00:15:40,466
big thing that frankly, it’s about our
420
00:15:40,466 –> 00:15:42,196
business and it’s, it’s so true because
421
00:15:42,196 –> 00:15:44,449
you almost. Drop your ego, you know, be
422
00:15:44,449 –> 00:15:46,092
humbled and be open to being humbled
423
00:15:46,092 –> 00:15:47,970
because of the reason you want them in
424
00:15:47,970 –> 00:15:49,613
the room for that expertise and wisdom
425
00:15:49,613 –> 00:15:51,257
and all these buzzwords. But the reality
426
00:15:51,257 –> 00:15:53,135
is they’ve been there, done that and they
427
00:15:53,135 –> 00:15:54,778
can fast getting so much, they’re faster
428
00:15:54,778 –> 00:15:56,656
and so much quicker and smarter way. So
429
00:15:56,656 –> 00:15:58,065
really great point. Thanks for sharing
430
00:15:58,065 –> 00:16:00,178
that he was coming back to you. How did
431
00:16:00,178 –> 00:16:02,056
you choose? You mentioned a lot of people
432
00:16:02,056 –> 00:16:04,078
earlier, hugely successful. How did you
433
00:16:04,078 –> 00:16:06,434
choose the advisors and structures that
434
00:16:06,434 –> 00:16:09,183
gave up to bury the strongest foundation?
435
00:16:09,183 –> 00:16:11,932
So that’s a very easy right now
436
00:16:11,932 –> 00:16:14,681
we are at 12 years and our
437
00:16:14,681 –> 00:16:17,430
advisors as well, they do change over
438
00:16:17,430 –> 00:16:20,178
the the period because at different stage
439
00:16:20,178 –> 00:16:22,927
of the business you need different people
440
00:16:22,927 –> 00:16:25,783
and. Sometimes I’m going to
441
00:16:25,783 –> 00:16:28,562
go slightly kind of differently.
442
00:16:28,562 –> 00:16:31,342
One thing, sometimes you have
443
00:16:31,342 –> 00:16:34,121
to swell and trust your
444
00:16:34,121 –> 00:16:36,900
instincts and challenge the advisors.
445
00:16:36,900 –> 00:16:39,679
And I remember when we
446
00:16:39,679 –> 00:16:42,458
bought our factory in Lee
447
00:16:42,458 –> 00:16:45,320
and during. Just some
448
00:16:45,320 –> 00:16:48,260
and I had to go all the
449
00:16:48,260 –> 00:16:51,200
way to find the right place at
450
00:16:51,200 –> 00:16:54,140
that time when everybody said ohh, this
451
00:16:54,140 –> 00:16:57,080
is a bigger problem. It’s a it’s
452
00:16:57,080 –> 00:17:00,020
a very risky because buildings now all
453
00:17:00,020 –> 00:17:02,960
empty. How this is going to scale?
454
00:17:02,960 –> 00:17:05,750
It was actually. Very crucial for us.
455
00:17:07,510 –> 00:17:10,165
I didn’t get too much support at
456
00:17:10,165 –> 00:17:12,821
that time, but in a scene in
457
00:17:12,821 –> 00:17:15,476
time, I said challenge me. It’s it’s
458
00:17:15,476 –> 00:17:18,132
the time. If we don’t do it,
459
00:17:18,132 –> 00:17:20,787
we can’t scale. We can’t go bigger.
460
00:17:20,787 –> 00:17:23,443
We have huge amount of challenges as
461
00:17:23,443 –> 00:17:26,353
a scale up to. Adapt
462
00:17:26,353 –> 00:17:28,653
the technology and move on and
463
00:17:28,653 –> 00:17:31,336
productions. So we’re trying to do that
464
00:17:31,336 –> 00:17:34,019
and right now it’s an opportunity for
465
00:17:34,019 –> 00:17:36,702
us to have an amazing building. It’s
466
00:17:36,702 –> 00:17:39,384
it’s 1886, used to be factory in
467
00:17:39,384 –> 00:17:42,067
Leeds and it’s right in the heart
468
00:17:42,067 –> 00:17:44,750
of the city, 2 minutes walk from
469
00:17:44,750 –> 00:17:47,635
the train station. We can get things
470
00:17:47,635 –> 00:17:49,988
across to delegates within two hours and
471
00:17:49,988 –> 00:17:52,678
you are from door to door and it’s
472
00:17:52,678 –> 00:17:55,367
a great things. We were like OK, we
473
00:17:55,367 –> 00:17:58,057
are in the right place, we are very
474
00:17:58,057 –> 00:18:00,410
good universities. We can actually see it
475
00:18:00,410 –> 00:18:03,100
as a home for us. So the support
476
00:18:03,100 –> 00:18:05,789
then, OK, what is the challenges, how the
477
00:18:05,789 –> 00:18:08,669
challenge is going to be?How the advisors
478
00:18:08,669 –> 00:18:11,306
looked in there and they listen to my
479
00:18:11,306 –> 00:18:13,944
opinion and that time and then they said,
480
00:18:13,944 –> 00:18:16,581
OK, we’re going to have a really hard
481
00:18:16,581 –> 00:18:19,219
time just get off the business because a
482
00:18:19,219 –> 00:18:22,186
huge amount of money is going to go to
483
00:18:22,186 –> 00:18:24,493
one part of it, which is the
484
00:18:24,493 –> 00:18:26,471
manufacturing, which is this it didn’t
485
00:18:26,471 –> 00:18:29,254
have and we just. Have a huge amount
486
00:18:29,254 –> 00:18:32,041
of stands for that especially I would say
487
00:18:32,041 –> 00:18:34,828
in the UK you really need to look
488
00:18:34,828 –> 00:18:37,267
in as manufacturing in in different ways
489
00:18:37,267 –> 00:18:40,055
so and sometimes and it did work and
490
00:18:40,055 –> 00:18:41,100
I think we.
491
00:18:42,1000 –> 00:18:45,576
Trusting your instincts, sometimes it’s a
492
00:18:45,576 –> 00:18:48,152
really helps as well. Yeah, it’s
493
00:18:48,152 –> 00:18:50,728
a challenge to challenge these people
494
00:18:50,728 –> 00:18:53,304
who are surrounding you, but it’s
495
00:18:53,304 –> 00:18:55,880
during that time it’s like you’re
496
00:18:55,880 –> 00:18:58,456
thinking who can help with recruitment.
497
00:18:58,456 –> 00:19:01,032
So we’ve got somebody who is
498
00:19:01,032 –> 00:19:02,320
very experienced and.
499
00:19:03,740 –> 00:19:06,563
And they actually managed to get
500
00:19:06,563 –> 00:19:09,386
a really key person. And during
501
00:19:09,386 –> 00:19:12,209
that time we worked with other
502
00:19:12,209 –> 00:19:15,032
people on strategic, some of my
503
00:19:15,032 –> 00:19:17,855
ex colleagues in arms, I called
504
00:19:17,855 –> 00:19:20,678
them. And it’s like, OK, we
505
00:19:20,678 –> 00:19:23,641
need that part. Of the business and
506
00:19:23,641 –> 00:19:25,813
that strategy to go in to different
507
00:19:25,813 –> 00:19:27,986
markets because we are expanding in the
508
00:19:27,986 –> 00:19:30,468
belief we’re expanding in the US so how
509
00:19:30,468 –> 00:19:32,640
can we tackle these areas and that
510
00:19:32,640 –> 00:19:35,123
experience as well as comes in from these
511
00:19:35,123 –> 00:19:36,985
advisers which is important. Yeah, no,
512
00:19:36,985 –> 00:19:39,467
you’re right it is right to challenge and
513
00:19:39,467 –> 00:19:42,260
leads alumni here so I’m sold on lead so.
514
00:19:42,610 –> 00:19:44,353
It’s over there again, mentor said to be
515
00:19:44,353 –> 00:19:46,314
very early on. If it’s meant to be, it’s
516
00:19:46,314 –> 00:19:48,057
up to me. Sometimes you have to take
517
00:19:48,057 –> 00:19:49,147
responsibility if you’re gonna challenge
518
00:19:49,147 –> 00:19:50,890
and you know these people that have come
519
00:19:50,890 –> 00:19:52,415
in and and and back yourself. But
520
00:19:52,415 –> 00:19:53,941
equally, if there are people that have
521
00:19:53,941 –> 00:19:55,248
got sound advice, you know, make
522
00:19:55,248 –> 00:19:56,555
reasonable decisions. OK, We’re going to
523
00:19:56,555 –> 00:19:58,298
go from 3rd and final part of the
524
00:19:58,298 –> 00:20:00,042
session. If we do have time, we’re a
525
00:20:00,042 –> 00:20:02,003
little bit time. We will try and take a
526
00:20:02,003 –> 00:20:03,671
couple of questions at the end. That
527
00:20:03,671 –> 00:20:05,708
there is something burning. Please do try
528
00:20:05,708 –> 00:20:08,036
and get them ready. I’m gonna go to
529
00:20:08,036 –> 00:20:09,491
leading with purpose while staying
530
00:20:09,491 –> 00:20:11,819
supported and Raj back to you now and
531
00:20:11,819 –> 00:20:14,148
start up some really a straight path. I
532
00:20:14,148 –> 00:20:16,185
think it’s something like that. How do
533
00:20:16,185 –> 00:20:18,222
you stay resilient as a leader while
534
00:20:18,222 –> 00:20:19,968
balancing the weight of expectations from
535
00:20:19,968 –> 00:20:21,714
your teams, customers and as you
536
00:20:21,714 –> 00:20:23,460
mentioned investors here. So I think.
537
00:20:23,900 –> 00:20:25,889
Yes, perfect resilience and probably I’d
538
00:20:25,889 –> 00:20:28,209
say consistency or two. The absolute must
539
00:20:28,209 –> 00:20:30,861
have trade founders. If you can’t take a
540
00:20:30,861 –> 00:20:33,513
no rejection, don’t be a founder. You get
541
00:20:33,513 –> 00:20:36,165
that time and time again in the funding
542
00:20:36,165 –> 00:20:38,486
journey and I think that’s again where
543
00:20:38,486 –> 00:20:40,806
your team comes around and the people
544
00:20:40,806 –> 00:20:43,790
advise us so we can rely on and lean.
545
00:20:43,880 –> 00:20:45,709
When people around you, so like getting
546
00:20:45,709 –> 00:20:47,277
investors, for example, is a really
547
00:20:47,277 –> 00:20:49,106
important part of the journey and having
548
00:20:49,106 –> 00:20:50,674
a good relationship with investors is
549
00:20:50,674 –> 00:20:53,025
critical to it. So we can come to them
550
00:20:53,025 –> 00:20:54,855
with problems when we have tough moments.
551
00:20:54,855 –> 00:20:57,206
And the same with the core team as well.
552
00:20:57,206 –> 00:20:59,558
Do you want to have people you can lean
553
00:20:59,558 –> 00:21:01,648
on so that you’ve supported at all times?
554
00:21:01,648 –> 00:21:03,739
And I think that’s the thing that gets
555
00:21:03,739 –> 00:21:05,885
you. Through it as well. So it’s it’s,
556
00:21:05,885 –> 00:21:07,431
you’re absolutely right. It’s never, it’s
557
00:21:07,431 –> 00:21:09,236
never linear. It’s always up and down.
558
00:21:09,236 –> 00:21:11,040
You have different problems. And if you
559
00:21:11,040 –> 00:21:12,329
have that network, that collective
560
00:21:12,329 –> 00:21:13,618
intelligence they’re talking about that
561
00:21:13,618 –> 00:21:15,423
will help you get through those those
562
00:21:15,423 –> 00:21:16,712
difficult moments. Yeah, there’s cliches.
563
00:21:16,712 –> 00:21:18,516
It sounds tough times don’t last, but
564
00:21:18,516 –> 00:21:20,579
tough people do, right? And I think if
565
00:21:20,579 –> 00:21:22,383
you can get through those moments, it’s
566
00:21:22,383 –> 00:21:24,393
beautiful on on the other side. Care
567
00:21:24,393 –> 00:21:26,516
about coming to you now because you’re
568
00:21:26,516 –> 00:21:28,031
very passionate about diversity and
569
00:21:28,031 –> 00:21:29,851
inclusive leadership. How can CEO’s lean
570
00:21:29,851 –> 00:21:31,973
on communities and networks to help them
571
00:21:31,973 –> 00:21:33,792
grow as authentic purpose driven leaders?
572
00:21:33,792 –> 00:21:35,914
Yeah, I think it’s such an important
573
00:21:35,914 –> 00:21:37,733
question. It’s so interesting because I
574
00:21:37,733 –> 00:21:39,553
think we were having this conversation,
575
00:21:39,553 –> 00:21:41,978
you know, 20 and 10 years ago, authentic
576
00:21:41,978 –> 00:21:43,797
leadership was, you know, wasn’t, wasn’t
577
00:21:43,797 –> 00:21:46,788
the kind of thing. So, so for
578
00:21:46,788 –> 00:21:48,942
me, it’s about if you’re gonna show up
579
00:21:48,942 –> 00:21:50,558
with purpose and authenticity, it’s about
580
00:21:50,558 –> 00:21:52,713
how do you connect and how are you
581
00:21:52,713 –> 00:21:54,598
showing up vulnerably? And I think that’s
582
00:21:54,598 –> 00:21:56,753
really important for your team to kind of
583
00:21:56,753 –> 00:21:58,099
like see that vulnerability because
584
00:21:58,099 –> 00:22:00,254
that’s really where the kind of like the
585
00:22:00,254 –> 00:22:02,139
magic happens and you build trust with
586
00:22:02,139 –> 00:22:04,293
the team. You make sure that you know,
587
00:22:04,293 –> 00:22:06,245
you’re, you know, you’re not. Come across
588
00:22:06,245 –> 00:22:08,010
as though you’re, you know, you know
589
00:22:08,010 –> 00:22:09,524
everything, but it’s garnering that kind
590
00:22:09,524 –> 00:22:10,785
of community and that support
591
00:22:10,785 –> 00:22:12,299
essentially. So. And of course you’ve
592
00:22:12,299 –> 00:22:14,065
gotta be very passionate as a founder
593
00:22:14,065 –> 00:22:16,083
with, you know, what the purpose is of
594
00:22:16,083 –> 00:22:18,101
what you’re doing. And so I think that’s
595
00:22:18,101 –> 00:22:19,362
critical. Yeah. And they’re really,
596
00:22:19,362 –> 00:22:21,632
really well said. And you do have to be
597
00:22:21,632 –> 00:22:23,146
passionate. You generally have to believe
598
00:22:23,146 –> 00:22:24,912
because otherwise it will consume and you
599
00:22:24,912 –> 00:22:26,678
probably will give up. So I absolutely
600
00:22:26,678 –> 00:22:28,427
want. Some background, OK, Darren, coming
601
00:22:28,427 –> 00:22:30,102
back to you, because sustainability is
602
00:22:30,102 –> 00:22:32,058
central to your business and brands. So
603
00:22:32,058 –> 00:22:34,572
how do you lean on your team and advise
604
00:22:34,572 –> 00:22:36,247
to ensure your purpose is delivered
605
00:22:36,247 –> 00:22:37,923
authentically and not just as marketing?
606
00:22:37,923 –> 00:22:40,437
So a lot of people just Chuck it out
607
00:22:40,437 –> 00:22:42,392
there and don’t actually live by those
608
00:22:42,392 –> 00:22:44,906
values. Yeah, look, it’s, it is a lot of
609
00:22:44,906 –> 00:22:46,303
marketing people unfortunately do that.
610
00:22:46,303 –> 00:22:48,986
We’re on a journey. From a certified B
611
00:22:48,986 –> 00:22:51,457
Corp so that’s one that’s one way of
612
00:22:51,457 –> 00:22:53,311
proving that we’re actually standing up
613
00:22:53,311 –> 00:22:55,473
for the worries that we we’re holding
614
00:22:55,473 –> 00:22:57,018
ourselves accountable internally. We have
615
00:22:57,018 –> 00:22:59,798
a number of values that you know some of
616
00:22:59,798 –> 00:23:01,343
them are around transparency, honesty
617
00:23:01,343 –> 00:23:04,123
heavy speak to her husband how we try to
618
00:23:04,123 –> 00:23:05,976
educate our customers to generate the
619
00:23:05,976 –> 00:23:07,521
businesses keep reverting back so
620
00:23:07,521 –> 00:23:09,356
ultimately. Therefore, you need to be
621
00:23:09,356 –> 00:23:11,654
able to have a certain set of values
622
00:23:11,654 –> 00:23:13,090
around sustainability, but also the
623
00:23:13,090 –> 00:23:15,388
purpose of of how you’re going to drive
624
00:23:15,388 –> 00:23:17,399
your business. And if you’re able to
625
00:23:17,399 –> 00:23:19,697
continue to go back to that, then you’re
626
00:23:19,697 –> 00:23:20,846
holding yourself responsible. And
627
00:23:20,846 –> 00:23:22,857
everybody in the team kind of understands
628
00:23:22,857 –> 00:23:25,729
and signs up for the same values as we do
629
00:23:25,729 –> 00:23:27,453
as a final leadership team, but
630
00:23:27,453 –> 00:23:29,403
hopefully. You’ve gone there before
631
00:23:29,403 –> 00:23:31,611
processes along 1 and it’s complicated,
632
00:23:31,611 –> 00:23:33,452
very, very complicated, but it’s
633
00:23:33,452 –> 00:23:35,293
definitely stressing our, uh, our
634
00:23:35,293 –> 00:23:38,238
processes and how we even view our supply
635
00:23:38,238 –> 00:23:41,183
chain, how we deliver our product, how we
636
00:23:41,183 –> 00:23:43,392
hold ourselves accountable. So that’s one
637
00:23:43,392 –> 00:23:46,337
of the ways. And then again, having core
638
00:23:46,337 –> 00:23:48,655
set of values internally. That we signed
639
00:23:48,655 –> 00:23:50,561
up to do something. Yeah. And it’s it’s
640
00:23:50,561 –> 00:23:51,990
actions and it shows credibility. Just
641
00:23:51,990 –> 00:23:53,658
out of interest, has anyone been through
642
00:23:53,658 –> 00:23:55,564
the court process or also going on that
643
00:23:55,564 –> 00:23:57,231
similar journey in the audience at all?
644
00:23:57,231 –> 00:23:58,661
Has anyone thought about it? Interesting.
645
00:23:58,661 –> 00:24:00,328
OK, good stuff. All right, so final
646
00:24:00,328 –> 00:24:01,996
question, David, I’ll come to you. And
647
00:24:01,996 –> 00:24:04,378
then if we say we do have time, we’ll try
648
00:24:04,378 –> 00:24:06,046
and do maybe one or two questions
649
00:24:06,046 –> 00:24:08,190
depending how we get on as one of the.
650
00:24:08,260 –> 00:24:11,014
Few women leading in the space of AI
651
00:24:11,014 –> 00:24:13,424
and Internet of Things. How have networks
652
00:24:13,424 –> 00:24:15,490
helped you stay resolute and purpose
653
00:24:15,490 –> 00:24:17,556
driven people. Well, I think without
654
00:24:17,556 –> 00:24:19,966
network people and build a business, that
655
00:24:19,966 –> 00:24:22,376
is definitely the case and you’re trying
656
00:24:22,376 –> 00:24:22,720
to.
657
00:24:25,410 –> 00:24:28,035
I wouldn’t say you you’re trying
658
00:24:28,035 –> 00:24:30,659
to kind of join the dots
659
00:24:30,659 –> 00:24:33,284
of these network and how they
660
00:24:33,284 –> 00:24:35,909
can shape certain things that you
661
00:24:35,909 –> 00:24:38,533
want to to do with the
662
00:24:38,533 –> 00:24:41,158
business in terms of scaling or
663
00:24:41,158 –> 00:24:43,783
going to different markets or doing
664
00:24:43,783 –> 00:24:46,496
something. Totally out of the ordinary
665
00:24:46,496 –> 00:24:49,084
so and I think never. I
666
00:24:49,084 –> 00:24:51,240
never thought of it as.
667
00:24:53,320 –> 00:24:55,660
And there alone, however, the stars.
668
00:24:57,170 –> 00:24:59,916
And what we see right
669
00:24:59,916 –> 00:25:02,662
now, only about 2% of
670
00:25:02,662 –> 00:25:05,407
female business founded businesses they
671
00:25:05,407 –> 00:25:08,153
got invested in in the
672
00:25:08,153 –> 00:25:10,899
- If the same foundation
673
00:25:10,899 –> 00:25:13,645
and investment for female founders
674
00:25:13,645 –> 00:25:16,391
or businesses led by female
675
00:25:16,391 –> 00:25:19,144
- Counterparties mills and we
676
00:25:19,144 –> 00:25:21,759
actually would have brought in about two
677
00:25:21,759 –> 00:25:24,373
to £3,000,000 into our economy. So this
678
00:25:24,373 –> 00:25:26,988
is there are actually massive stars in
679
00:25:26,988 –> 00:25:29,976
that how can we how can we utilize
680
00:25:29,976 –> 00:25:32,591
that we need to think about it
681
00:25:32,591 –> 00:25:34,832
economically. It doesn’t matter we make
682
00:25:34,832 –> 00:25:37,820
half of the population and I is used.
683
00:25:37,930 –> 00:25:40,854
Let’s just play now by emails as
684
00:25:40,854 –> 00:25:43,779
well. So being an engineer, I love
685
00:25:43,779 –> 00:25:46,285
enginuity, I love technical things, I
686
00:25:46,285 –> 00:25:49,209
love building things and I think like
687
00:25:49,209 –> 00:25:52,134
a mother of a girl who loved
688
00:25:52,134 –> 00:25:54,640
doing technical things. I think it’s
689
00:25:54,640 –> 00:25:57,147
really encouraging the other open minded
690
00:25:57,147 –> 00:25:58,400
and people actually.
691
00:26:01,030 –> 00:26:02,893
And we can see from the university
692
00:26:02,893 –> 00:26:04,757
numbers, there are more females going in
693
00:26:04,757 –> 00:26:06,088
into these technical, technical positions
694
00:26:06,088 –> 00:26:08,218
as well. Yeah. And absolutely we we can
695
00:26:08,218 –> 00:26:09,815
fully support that. And what an
696
00:26:09,815 –> 00:26:11,678
incredible panel. And what I love about
697
00:26:11,678 –> 00:26:13,276
moderating things, I always take away
698
00:26:13,276 –> 00:26:15,139
lessons and learnings as well. One thing
699
00:26:15,139 –> 00:26:17,535
I will say is Grant my favorite piece of
700
00:26:17,535 –> 00:26:19,858
advice I was given. The magic we are all
701
00:26:19,858 –> 00:26:21,424
looking for is in the work you’re
702
00:26:21,424 –> 00:26:22,542
avoiding. Maybe you’ve heard something
703
00:26:22,542 –> 00:26:24,107
from one of these speakers today that
704
00:26:24,107 –> 00:26:25,673
there’s really hot hit hit that point.
705
00:26:25,673 –> 00:26:27,685
The key is to go and actually take action
706
00:26:27,685 –> 00:26:29,922
on that now and may even be coming up and
707
00:26:29,922 –> 00:26:31,487
speaking to one of these panelists after
708
00:26:31,487 –> 00:26:32,829
today’s session. Does anyone have any
709
00:26:32,829 –> 00:26:34,395
questions I’m getting yes you think I’ve
710
00:26:34,395 –> 00:26:36,407
got time go for it. Your hand up first
711
00:26:36,407 –> 00:26:38,196
thing got time be quick. Thank you all
712
00:26:38,196 –> 00:26:41,072
for. I guess from the
713
00:26:41,072 –> 00:26:42,524
conversations we’ve all said that
714
00:26:42,524 –> 00:26:44,848
conferred with that kind of stuff to you
715
00:26:44,848 –> 00:26:47,767
for doing this solo. What
716
00:26:47,767 –> 00:26:50,224
was the process like from bringing on the
717
00:26:50,224 –> 00:26:52,680
coal Fender and equity and just if you
718
00:26:52,680 –> 00:26:54,830
could talk kind of that process, what
719
00:26:54,830 –> 00:26:56,979
you’ve all been been trying to lose
720
00:26:56,979 –> 00:26:58,822
business launched exactly for two years
721
00:26:58,822 –> 00:27:01,586
and they will know that I need to bring
722
00:27:01,586 –> 00:27:04,042
my cofounder and to help me like the
723
00:27:04,042 –> 00:27:05,885
digital marketing and really help grow
724
00:27:05,885 –> 00:27:08,283
that sorry. So I’m just. Interested to
725
00:27:08,283 –> 00:27:10,296
see what that journey was like for you
726
00:27:10,296 –> 00:27:12,309
and how you bought them and what their
727
00:27:12,309 –> 00:27:13,818
ethnicity. And Russia, yeah, Russia don’t
728
00:27:13,818 –> 00:27:15,831
want 6 seconds or less each go through.
729
00:27:15,831 –> 00:27:17,340
Probably rushing down there. There’s no
730
00:27:17,340 –> 00:27:18,850
one process because everyone’s going to
731
00:27:18,850 –> 00:27:20,611
be slightly different. For the three of
732
00:27:20,611 –> 00:27:22,624
us that came together to fight, show one
733
00:27:22,624 –> 00:27:24,888
guy, Warren, had the idea. Paul and I had
734
00:27:24,888 –> 00:27:26,146
different expertise that come together
735
00:27:26,146 –> 00:27:28,410
and we came to go right at the beginning.
736
00:27:28,510 –> 00:27:30,282
So you’ll find that you started business,
737
00:27:30,282 –> 00:27:32,053
you wanna bring someone in, it’ll be
738
00:27:32,053 –> 00:27:33,572
slightly different. We then structured it
739
00:27:33,572 –> 00:27:35,849
in terms of me and Warren are gonna be
740
00:27:35,849 –> 00:27:37,874
doing more of the work going forward. So
741
00:27:37,874 –> 00:27:39,898
we get some sweats that behave well is
742
00:27:39,898 –> 00:27:42,429
one of the amount of money we put in and
743
00:27:42,429 –> 00:27:44,454
Paul wouldn’t. So he just got where you
744
00:27:44,454 –> 00:27:46,225
put the money in. How he structures
745
00:27:46,225 –> 00:27:47,491
really, really, really difficult. There
746
00:27:47,491 –> 00:27:49,530
is no one-size-fits-all. You want to be
747
00:27:49,530 –> 00:27:51,045
actually you’re comfortable with it going
748
00:27:51,045 –> 00:27:53,065
forward. So that’s the main thing is a
749
00:27:53,065 –> 00:27:54,327
union co-founder happy with the
750
00:27:54,327 –> 00:27:56,095
arrangement and you live with and he’s
751
00:27:56,095 –> 00:27:57,610
running the whole separate section on
752
00:27:57,610 –> 00:27:59,377
co-founder dynamics as well in terms of
753
00:27:59,377 –> 00:28:01,145
what you need, skill set, who you’re
754
00:28:01,145 –> 00:28:02,912
looking for, how you’re going to find
755
00:28:02,912 –> 00:28:04,680
that person. Because we’ve been doing it
756
00:28:04,680 –> 00:28:06,447
six years together now. We’ve got really,
757
00:28:06,447 –> 00:28:08,467
really well, but I’m very aware of really
758
00:28:08,467 –> 00:28:11,226
lucky. But it’s fairness. It’s like
759
00:28:11,226 –> 00:28:13,451
that’s the thing you need to look for is
760
00:28:13,451 –> 00:28:15,182
are you and your boyfriend are really
761
00:28:15,182 –> 00:28:16,913
happy and finding fair deals you’ve got.
762
00:28:16,913 –> 00:28:18,643
And then particularly where it’s W 60,
763
00:28:18,643 –> 00:28:20,374
there’s an element of that in there
764
00:28:20,374 –> 00:28:21,857
because everyone endearing to do that
765
00:28:21,857 –> 00:28:23,835
because you don’t want to go home working
766
00:28:23,835 –> 00:28:25,813
a lot harder. And I’m getting left and
767
00:28:25,813 –> 00:28:27,791
that that is just really difficult to be
768
00:28:27,791 –> 00:28:29,676
honest. Yeah, right. Great. So my
769
00:28:29,676 –> 00:28:31,614
co-founder is Doctor Brian Carson. So
770
00:28:31,614 –> 00:28:34,521
have he came on board with us was we
771
00:28:34,521 –> 00:28:37,105
were looking for a consultant at the time
772
00:28:37,105 –> 00:28:39,366
he bought into the idea of really
773
00:28:39,366 –> 00:28:41,303
aggressively because Doctor vision that I
774
00:28:41,303 –> 00:28:44,210
had and we sort of knew each other, but
775
00:28:44,210 –> 00:28:46,471
we weren’t very close or anything like
776
00:28:46,471 –> 00:28:49,378
that. So what my suggestion is if you are
777
00:28:49,378 –> 00:28:51,043
actively looking for somebody. Maybe
778
00:28:51,043 –> 00:28:52,954
bring him on the console to understand
779
00:28:52,954 –> 00:28:55,138
that you can work with them. You don’t
780
00:28:55,138 –> 00:28:56,502
have to necessarily agree with
781
00:28:56,502 –> 00:28:58,413
everything. They take you to see conflict
782
00:28:58,413 –> 00:29:00,597
to the good thing or first diversity or
783
00:29:00,597 –> 00:29:02,781
opinion is a really good thing. And then
784
00:29:02,781 –> 00:29:04,146
get into the cofounder conversations.
785
00:29:04,146 –> 00:29:06,056
That’s how Arlene came about. So we’ve
786
00:29:06,056 –> 00:29:08,786
kind of, he had a piece of work to do
787
00:29:08,786 –> 00:29:10,970
was he was leading a lot of division.
788
00:29:11,630 –> 00:29:13,308
Formulation that we wanted to position
789
00:29:13,308 –> 00:29:15,546
the product, the science and added a lot
790
00:29:15,546 –> 00:29:17,504
of credibility that I just didn’t have.
791
00:29:17,504 –> 00:29:19,741
So it’s a really tricky one. Yeah. I’ll
792
00:29:19,741 –> 00:29:21,699
share some more thoughts which happens if
793
00:29:21,699 –> 00:29:23,936
you want just one other quick thing on
794
00:29:23,936 –> 00:29:26,174
that would be get some legal advice as
795
00:29:26,174 –> 00:29:28,132
well to make joyful properly done. So
796
00:29:28,132 –> 00:29:29,810
don’t get like a template yeah.
797
00:29:31,050 –> 00:29:32,503
Not being chatty behaviour, yeah, Yeah,
798
00:29:32,503 –> 00:29:34,440
as someone who’s in that space, I would
799
00:29:34,440 –> 00:29:36,378
agree. And I would just add from actually
800
00:29:36,378 –> 00:29:38,799
doing it the wrong way. And if you have a
801
00:29:38,799 –> 00:29:40,495
cofounder where you have the same idea,
802
00:29:40,495 –> 00:29:42,916
that’s not the best way to go about it. I
803
00:29:42,916 –> 00:29:44,854
think having the same balance. So what I
804
00:29:44,854 –> 00:29:47,033
mean by that is you could both want the
805
00:29:47,033 –> 00:29:48,728
scale and exit business. You could both
806
00:29:48,728 –> 00:29:50,181
potentially want to do this particular
807
00:29:50,181 –> 00:29:52,085
segment of the market. The values are
808
00:29:52,085 –> 00:29:54,177
different to that that will make your top
809
00:29:54,177 –> 00:29:56,007
tip culture. People will leave you or
810
00:29:56,007 –> 00:29:57,576
have terrible turnover. So don’t just
811
00:29:57,576 –> 00:29:59,407
recruit on the having the same goal.
812
00:29:59,407 –> 00:30:01,761
There has to be some base level of value
813
00:30:01,761 –> 00:30:03,330
alignment. We can disagree and have
814
00:30:03,330 –> 00:30:04,899
challenges, but if the values are
815
00:30:04,899 –> 00:30:06,468
completely off, it will your business
816
00:30:06,468 –> 00:30:08,560
will never make it. And that is probably
817
00:30:08,560 –> 00:30:10,652
the biggest piece of advice I can get
818
00:30:10,652 –> 00:30:13,065
anybody to get the code. Basically start
819
00:30:13,065 –> 00:30:14,554
from scratch again many years down the
820
00:30:14,554 –> 00:30:16,255
line. I’m sorry, I don’t think you have
821
00:30:16,255 –> 00:30:17,744
time for any more questions, but these
822
00:30:17,744 –> 00:30:19,020
guys are hopefully be around afterwards
823
00:30:19,020 –> 00:30:20,934
just to take questions. So I just want to
824
00:30:20,934 –> 00:30:22,423
say thank you so much everyone for
825
00:30:22,423 –> 00:30:24,337
joining us today on on day two of the conference and a round, of course, for our panelists please.