startup advice Archives - Don't Stop Us Now

Succeeding with Co-Founders – Future Proof Me

March 15, 2022March 16, 2022
by Claire

This week’s mini episode explores what it takes to build a successful partnership with a co-founder.

One thing we’ve noticed with numerous early stage startups is the challenge in those very early days of finding a co-founder, or co-founders, whom you can really work with for the long term, even when the pressure’s on.

So often you hear of acrimonious founder breakups and it got us asking ourselves, how do you create a good working relationship over time if you have co-founders?

One person who’s brilliantly navigated the co-founder challenge is serial Scottish entrepreneur Lesley Eccles, who with her 4 other co-founders built a blockbuster business called FanDuel. We spoke to Lesley on the podcast a year ago and she has some amazing stories and experiences if you haven’t heard that episode.

In this mini episode you’ll hear how Lesley and her co-founders made a success of working and pivoting together for more than ten years to create a business that has ultimately been valued over $11 billion.

We also share some of our observations from the four years of producing this podcast and from years of observing and advising numerous startups first hand.

As the saying goes: “it takes two to tango” and it typically takes two or more to build an epic business. So enjoy this mini episode on Succeeding with Co Founders.

Links

Link to Lesley Eccles original episode

Link to Adina Jacobs orig episode

Future Proof Me Mini Episode

Future Proof Me – Crowdfunding Success

November 23, 2021November 24, 2021
by Claire

This week’s mini episode is all about crowdfunding and in particular equity crowdfunding.

Equity crowdfunding is where retail investors can buy a share in a young company which is seeking funding without having to list on the stock exchange or take on formal VC capital.

Capital raising can be such a time consuming occupation for a Founder yet if you have the right offer for equity crowdfunding, then this can be a great way to proceed.

One of our guests has proven to be a master at successfully completing two extremely impressive equity crowdfunding campaigns. We’re talking about Brianne West, the New Zealander serial entrepreneur and founder of global sustainable cosmetics company, Ethique.

Brianne has a bold and pioneering mission, to rid the world of single-use plastics. She started Ethique to replace all those plastic-bottled products we use in our bathrooms, from shampoos to moisturisers, with solid bars of concentrated product.

Brianne crowdfunded twice to grow her business: once in 2015 when she raised NZ$200,000 in 10 days; and again in 2017 when she raised an extraordinary $500,000 in just over an hour!

Ethique continues to grow, has taken on other types of investment and is now found in more than 20 countries. It’s become a B Corp as well.

In this mini episode you’ll hear Brianne explaining why she felt crowdfunding was best for her and then shares her views on what it takes to be successful if you’re wondering if crowdfunding is for you.

Enjoy this mini episode.

Useful Links

Brianne’s full interview

Ethique Website

Brianne on Instagram

Equitise – Crowdfunding platform

Interview

Tessa Clarke – The Difference One Person Can Make

November 1, 2021November 2, 2021
by Claire

We’re excited to be bringing you an inspiring and very relevant guest this week given world leaders have been meeting at COP26 in Glasgow for vital climate talks as this episode goes to air.

Tessa Clarke is Co-founder and CEO of the international food sharing and household goods app called OLIO. Her passion for sustainability and for creating simple ways to help all of us to take simple but powerful steps to help the environment is just what we need right now!

Tessa and her Co-founder (whom she met at Stanford doing her MBA) launched OLIO in 2015 and originally focused on food waste in the home, although now you can find new homes for all kinds of other items as well.

OLIO has just successfully closed a Series B fundraising round raising $43 million dollars from top tier VC firms who have described OLIO’s 5-fold growth in the past year as phenomenal. More than 5 million OLIO users in 53 countries are now reducing not only food waste but also preventing more than 3 million household goods going to landfill as well.

In this episode you’ll learn:

How Tessa wished she’d made the time earlier in her career to stop and really reflect about what she was passionate about doing in her career
How Tessa came up with the idea for OLIO;
Her four tips for female founders raising funds;
How food waste globally results in greenhouse gas emissions that would make it the 3rd largest country in emission terms in the world.
And last but not least, Tessa shares how western householders make up for HALF of all that food waste.

So dear fellow citizen of Planet Earth, please make haste and devour this episode with the determined and passionate Tessa Clarke. Enjoy!

Useful Links

OLIO website

OLIO in the App store – Google & Apple

Dana Kanze TED Talk on the real reason female founders get less funding