Geraldine Butler-Wright’s Post

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Chief People Officer | Fractional Chief People Officer | Executive Coach | Performance Coach | Advisor to CEOs, Founders and Investors

There are so many interesting discussions happening at London Tech Week. One founder, CEO, and investor discussion that has kept me thinking is "The Nuts and Bolts of Building Your Own Business" with panelists Gerard Grech, Tom Bohills, Chris Woodward-Jones and Galia Beer-Gabel. Here are some of the insights gained: 💡 The importance of engaging a coach early to help the founder “let go” of aspects of the business in preparation for scaling. 💡 The chances of success and survival are greater if you have a co-founder, and the benefits that come with having a co-pilot to digest and strategize your journey. 💡 Ensure that you are intentional and take the time to define your values as a founder. 💡 Recognise what you are and aren’t good at early on; find processes and people to fill the gaps. You can’t be everyone and everything all of the time. 💡Consider trademarking your business. 💡 It’s okay to be vulnerable - in fact, it’s really helpful, especially when leveraging the expertise of your board and advisors; it makes your product better. 💡 Recognise that you are one of many investments for your investors - use their time wisely. 💡 The growing pains of trusting the people you hire to do the building for you. 💡 Advocacy being a key marker of product-market fit. 💡 Choosing investors for your business that are compatible with you, beyond the funding that they offer. 💡 Key considerations in PMF - deciding to either swim in ‘red waters’ (i.e., bloody waters) where products are already available and your mission is to make your offering better, or go into entirely new markets. So much food for thought. Thank you, panelists. Founders and CEOs, do these points resonate with you? Any other insights to add from your experience? #people #culture #startup #scaleup #coaching #LTW2024

Chris Woodward-Jones

Co-founder @ Vizzy | B Corp™ Replacing the boring CV so businesses can hire for what matters

6mo

Glad you enjoyed the panel Geraldine Butler-Wright, great summary 👍

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