A thread about going it alone.

Eight ago today I left a well paid and secure job to follow my âinstinctâ and set up a new company. I was forced to leave early by my previous company. I arrived home to my wife wrapping Christmas presents on the kitchen table.

Eight ago today I left a well paid and secure job to follow my âinstinctâ and set up a new company. I was forced to leave early by my previous company. I arrived home to my wife wrapping Christmas presents on the kitchen table.
I said. âTheyâve kicked me out early. So this is it. Iâve got to make it work.â
My wife had been made redundant the year before and was a happily stay at home mum to our two little girls. We had little in reserves and now no household income. Iâll be honest. It was a scary time.
My wife had been made redundant the year before and was a happily stay at home mum to our two little girls. We had little in reserves and now no household income. Iâll be honest. It was a scary time.
Facing the future knowing that youâre about to start something that has no guarantee of success and no income certainly keeps you awake at night. But the âinstinctâ in me knew we would be okay. And despite surviving off PPI claims for the first 18 months - we were okay.
Everyone who has done it from scratch knows that setting up a business is hard. The hours; the lost family moments youâll never get back, the friendships you lose, the extreme loneliness you feel and the doubt and fear. Itâs all there in the early years.
But that doesnât last forever. Eventually you build a good team around you. Things start to fall into place and before you know it - the hard work and sacrifice starts to have meaning. It starts to work.
Fast forward to today. Iâve built a business from scratch which is now turning over more than ÂŁ2.5m and employs 40 people, with four P&Ls. And next year we have ambitious plans to extend that to at least 6, maybe 8 P&Ls. We are growing.
Thereâs no guarantees of future success. I know that. But Iâm proud of what we are building. A fabulous and talented workforce. A caring culture and a business committed to the triple bottom line.
I take none of this for granted. Especially in this year like no other. And my heart goes out to all business owners - I actually cry for those who have lost everything because of Covid. Itâs horrible. And my only way to have any solidarity with them is this.
Since March I reduced my own personal reward from the business by 40%. This was originally to stand in solidarity with colleagues who were on furlough. But now itâs significance is different.
Itâs to stand with those who are facing the future with uncertainly. For me personally I couldnât justify taking a bonus or a pay rise this year. Given whatâs going on around us. Thatâs just my personal choice. And as someone who started this adventure with nothing..
Iâm doing what I can to support those around. And I know many others are doing the same. Thatâs the real spirit of entrepreneurship. To bloom where we are planted. To help where we can. And to be finely tuned into people, planet and profit.
And so, Iâm glad I took the risk and left my job 8 years ago today. My instinct was right. And Iâll always pay it forward where I can.
And if youâve got the instinct and the risk appetite. Then maybe you should too.
#Entrepreneurship #businessowner #startup
And if youâve got the instinct and the risk appetite. Then maybe you should too.
#Entrepreneurship #businessowner #startup