“I think this notion that it’s the individual and the cult of the entrepreneur troubles me somewhat. I don’t know many entrepreneurs that don’t have an amazing team around them and I was incredibly lucky that I have always had a great team around me. Brent is a really remarkable person, my family is really remarkable, my boyfriend has been extraordinary. I really mean that very profoundly, it’s made life a lot more fulfilling and I have been a lot more successful than if I had been alone. Obviously it is hard to praise yourself but I hope I have a not-totally-self-aware optimism so what I like to think is I believe in the possible”.
Before you commit to anything, it’s really important to look at what your worst case scenario would be. If, for whatever reason, your business doesn’t work out the way you thought it might, what would be the consequences for you? For instance, If you’re leaving a secure job there’s a good chance that you’ve got a strong enough background and CV to get another job, so it’s not too risky. Once you’ve made the decision to do it, go for it and don’t look back.
Last week I spoke to Chris Edwards, the co-founder and co-managing director of Poundworld, the discount retailer which last year opened it’s 208th outlet. Chris began his career in retail on his parent’s market stall in Wakefield, West Yorkshire. Despite the explosive growth of Poundworld over the last six years, Edwards is adamant that his primary motivation is “fear of failure” in the increasingly difficult environment of the UK high street. You can read the full interview here.
Went to Superdry’s Cheltenham headquarters today to interview Superdry’s CEO, Julian Dunkerton. Julian built up Superdry from scratch and the company now has stores across 40 countries.