Is entrepreneurship the new milk round?
The milk round was well understood by most graduates who are now in their 40′s or 50′s. Mention it to the recent crop of graduates, and a blank expression appears as they try to recall something their parents talk about. Gone is the job for life with its planned career structure and company training scheme. The world of work, post work-experience is all about adding value, self-development, learning new skill sets and a portfolio career, which often starts at a younger age.
At Ruffena Capital, we are increasingly seeing graduates starting up companies on leaving University, or (in one case recently) while they are at University! Entrepreneurship is a real career choice for many on London’s Silicon Roundabout, but they are having to learn how to prepare a pitch deck, a business plan and a financial statement, while also getting to grips with HMRC and Advance Assurance for SEIS and EIS qualification, as well as dealing with the intricacies of a shareholder agreement when this is required.
The world of the entrepreneur, (whatever age) needs support and at Ruffena Capital we partner with many professionals to provide that advice and support.
At some stage, having proved the business model, many businesses need capital and one of the cornerstones of our business is our relationship with investors, and knowing what they are looking for. They come from all walks of life, but the common theme is the desire to help and support the country’s entrepreneurs, and back the right opportunity when it comes along.
Our investor network is both diverse and increasing, and includes HNWI’s, sector specialists, Family Offices and Funds, but as they invest, or join our client companies in a full time capacity, we are always interested to get to know more – do register with us if this is appropriate, or get in touch if you feel you could help an early stage business.
Anyone on the the team at Ruffena Capital, or I would be more than happy to have a chat with you.
By Mark Bunting, firstname.lastname@example.org