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Join Rob as he interviews Richard Harpin, who built and sold his company HomeServe for a staggering £4.1 billion. Richard shares his eight secrets to building a successful business, discusses his current passion for helping medium sized companies scale up and explains why he's investing £200 million of his own money into promising businesses.
Richard Harpin REVEALS:
- How he started HomeServe with £50,000 of life savings
- How he nearly went bankrupt
- His key secret, to copy and pivot, finding successful business models and improving upon them
- He has always been entrepreneurial, starting by breeding rabbits at age 5, becoming "Ricardo the magician" at age 9 and establishing about six businesses before founding HomeServe at age 20
- Why Richard is focused on helping the UK's 168,000 medium sized businesses scale up
- Why the UK lacks support for companies transitioning from startup to large enterprise.
- Why businesses need revolution at the start, but should focus on constant evolution as they grow
BEST MOMENTS
"I think the UK is the best place to run a global business, I think it's a great place for entrepreneurs to start a business... The only issue is, as a country, we're not that good at scale ups."
"I did [pay a big load of tax when selling the company] and I was happy to pay it because capital gains tax is at a reasonable level. I don't believe in all these entrepreneurs that sell up and move to Jersey or Monaco."
"We're taught at school that copying homework is bad, we might get expelled for it. In business, I think copying is good."
"Disruption is what you do at the start of your business when you're inventing the model... But once you've done it, don't disrupt twice, that is dangerous, just keep evolving that model."
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ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
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