#310: How Neil Petch Built Virtuzone into the UAE’s Leading Company Formation Firm

What does it take, to become the number one company in your industry? In this episode, Neil Petch – the founder and chairman of Virtuzone – answers this and delivers essential advice every entrepreneur needs to hear. Virtuzone, the UAE’s leading company formation firm, has helped more than 70,000 entrepreneurs from 180 countries establish their businesses in the UAE. If anyone knows the secrets to successful startups, it’s Neil Petch.

Expect unscripted advice on entrepreneurship, tips for setting up a business in the UAE, and the key attributes necessary to become a multi-millionaire founder. Neil also shares his journey to establishing himself as one of the UAE’s most prominent and respected entrepreneurs.

If you’re serious about making it as an entrepreneur, then this episode is going to be your best resource. 

06:04 –What Dubai was like 23 years ago

14:02 – The story behind ITP and Neil’s career journey

18:56 – Reflections on the most successful publication and the one that flopped, along with the lessons learnt

22:39 – A shift in career path

28:12 – Getting excited about transitioning into a completely different industry

30:51 – Neil explains Virtuzone

36:58 – The journey of Virtuzone from its beginning to now

39:45 – What makes the business exceptionally good and how it became number one

46:35 – Achieving success in a highly competitive market

53:00 – How clients are acquired

1:00:53 – Neil’s key attributes for success in business

Show Sponsors:

IOPn: Shaping the future of the internet with revolutionary blockchain technology rooted in decentralised community ownershiphttps://iopn.io/

Socials:

Spencer Lodgehttps://www.instagram.com/spencer.lodge/?hl=en https://www.tiktok.com/@spencer.lodge https://www.linkedin.com/in/spencerlodge/ https://www.youtube.com/c/SpencerLodgeTV https://www.facebook.com/spencerlodgeofficial/ 

Neil Petchhttps://www.instagram.com/petchiedxb/ https://www.linkedin.com/in/neilpetch/