Ten years ago, I started my first business. I would like to say there was a ‘eureka’ moment – but it was far more desperate than that. I had enough of not being in control of my own destiny – and believed I could pay my own way in the world. I loved every minute of it. However, after a few years, the dominant question I kept coming back to was ‘what is this for’? Two years ago, with a new business partner, we had a grand goal to ‘build something of value’ what this means in reality is can we grow and sell our business?
I am 38 years old.
Key Financial Information and Ownership
The founding partners of own 50% each of the company. Their objective is to build a business to such a value it can be sold for more than £5,000,000 in a 3-5 year time frame based on a multiple of profit and pipeline.
Our performance over the last few years has been OK. We are not Facebook – but we are growing and profitable. Our clients are large, complex businesses such as O2, SKY and Barclays.