Secret Leaders with Dan Murray-Serter & Chris Donnelly
My Favourite Failure: Chef who got rave reviews, celeb diners and a bustling business but couldn't sustain it
Nov 16, 2023
Sameer Vaswani, Co-Founder of Prodigy Chocolate, discusses his failed restaurant venture in London despite rave reviews and celebrity diners. He reflects on the challenges of being a founder, the lessons learned from this failure, and the subsequent success of his food manufacturing business in West Africa.
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Quick takeaways
- UK startups face increasing risks from state actors attempting to steal their assets, emphasizing the importance of cyber and physical security for startups.
- Sameer Vaswani's failed restaurant venture taught him valuable lessons that he successfully applied to build a thriving food manufacturing business in West Africa.
Deep dives
UK startups at risk of asset theft by state actors
UK startups are facing an increasing risk of state actors attempting to steal their assets. An example of this was a Scottish renewable manufacturer that had a delegation from China visit their premises, only to have some of their laptops stolen shortly after. Later, pictures emerged showing a Chinese firm producing a virtually identical product. To address this growing threat, the UK's security experts, the National Protective Security Authority and the National Cyber Security Center, have collaborated and launched a new campaign called Secure Innovation, emphasizing the importance of both cyber and physical security for startups.
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