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<strong>KSEI</strong><br />

•<br />

King’s Student<br />

Entrepreneurship<br />

Institute Magazine<br />

ISSUE ONE: 2015-16<br />

Passion<br />

• Patience<br />

• Delegation<br />

• Innovation<br />

• A go-getter<br />

attitude<br />

Ariel Eckstein<br />

What do businesses look<br />

for in a LinkedIn profile?<br />

Let the MD of LinkedIn<br />

Europe, the Middle East<br />

and Africa tell you<br />

Cynthia Carroll<br />

Former CEO of FTSE<br />

100 company Anglo<br />

American PLC gives tips<br />

on making it to the top<br />

of a global company<br />

Sir Richard Branson<br />

Hear valuable business<br />

advice and marketing tips<br />

from the world’s leading<br />

business tycoon and Virgin<br />

Group Founder


The Principal’s introduction<br />

KCLSU President’s message<br />

Principal’s message<br />

KCLSU President’s message<br />

I am delighted to introduce you to the King’s Student Entrepreneurship<br />

Institute – our flagship student innovation platform.<br />

We are home to some truly remarkable and innovative students.<br />

Through creating a support framework the Institute works to inspire,<br />

up-skill and empower them further so they are fully equipped with the<br />

vital skills required as entrepreneurs, future employers or employees.<br />

As a key part of the student experience at King’s I am excited by what<br />

the King’s Student Entrepreneurship Institute aims to achieve.<br />

Since our launch last year the Institute has hosted over 45 high-profile<br />

entrepreneurs and business leaders and generated attendance<br />

numbers of over 3,000 at 25 ‘Enterprise Connect’ events. An internal<br />

entrepreneurial ecosystem has been developed through many<br />

initiatives, including: a support fund for student-led societies to develop<br />

entrepreneurial projects; incubator space which has already housed<br />

over 20 start-ups since Spring 2015; and idea generation and testing<br />

through our renowned Lion’s Den Challenge Start-Up Competition.<br />

This is all enhanced by year round access to workshops and training<br />

on idea development, business and strategic planning, accelerator<br />

weekends and support for student-run events such as ‘HackLondon’,<br />

the UK universities’ largest hackathon. We have achieved much and with<br />

the enormous current and increasing interest of our students we will<br />

achieve more in the year to come.<br />

This magazine highlights some of our student and alumni successes<br />

and shows how much they have benefited from the Institute’s work.<br />

Their achievements are outlined alongside inspiring articles from some<br />

of the world’s leading entrepreneurs and business leaders.<br />

As a students’ union we work as hard as we can to empower<br />

and engage students to use their skills to make breakthroughs<br />

and changes to their immediate and global environment.<br />

We’ve seen students use their entrepreneurial skills to create<br />

start-ups that follow King’s mission of being in the service<br />

of society. It doesn’t just have to be business graduates who<br />

go into the field of start-ups either.<br />

In March, King’s College London’s Tech Society hosted the largest<br />

student-run, inter-university hackathon (HackLondon), where<br />

students had just 24 hours to create and code creative apps.<br />

KCL Enactus is another student group that aims to tackle social<br />

problems through innovative business.<br />

Innovative solutions to problems in the field of health have been<br />

improved through the use of new digital technologies too.<br />

King’s Student Entrepreneurship Institute can be your support<br />

system if you need help to turn your ideas into practical solutions<br />

to society’s problems.<br />

King’s College London Students’ Union President<br />

Nadine Almanasfi<br />

Please do enjoy the read, join us in celebrating our successes and<br />

most of all be inspired to take part. All you need is a curious mind,<br />

enthusiasm and a willingness to give it a go!<br />

With best wishes,<br />

President & Principal<br />

Professor Edward Byrne AC<br />

2<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 3


About us<br />

Contents<br />

05 About <strong>KSEI</strong><br />

Introducing the King’s Student<br />

Entrepreneurship Institute<br />

06 Engage, Empower and Excel<br />

Familiarise yourself with the<br />

Institutes three pillars of excellence<br />

07 Academia and entrepreneurship<br />

at King’s<br />

Introducing the university’s<br />

Entrepreneurship Centre<br />

08 <strong>KSEI</strong> Activities<br />

Don’t miss out on the action –<br />

put these dates in your diary<br />

11 A few of King’s entrepreneurially<br />

inclined student societies<br />

12 Sir Richard Branson,<br />

Virgin Group Founder<br />

Global business magnate<br />

talks start-ups<br />

14 Ella Jade Bitton, Executive<br />

Director of Ella Jade Interiors<br />

and King’s alumna<br />

17 Agostino Stilli, co-founder<br />

of CYCL and King’s alumnus<br />

For the love of cycling<br />

18 Fares Alaboud, president<br />

of KCL Tech Society<br />

A little passion goes a long way<br />

19 Ashish J. Thakkar, founder<br />

of Mara Group and Mara<br />

Foundation<br />

Africa’s youngest billionaire on<br />

launching his start up at just 15<br />

years old<br />

20 Cynthia Carroll, Non Exec<br />

Director of BP and former<br />

CEO of Anglo American PLC<br />

The leading business woman gives<br />

advice on equality in business<br />

22 Bauke Anninga, President<br />

of KCL Innovation Forum<br />

The importance of preparing<br />

for life outside of academia<br />

23 Dr Cosima Gretton, recent<br />

King’s Medical graduate<br />

Are entrepreneurship and<br />

innovation the missing pieces<br />

in modern medicine?<br />

24 Carmarley Dennis, founder of<br />

Hubbly Bubbly and King’s alumnus<br />

25 Mustafa Al Bassam, King’s<br />

Informatics undergraduate<br />

The hack-king talks about hacking<br />

26 Mark Chaffey, CEO of hackajob<br />

and King’s alumnus<br />

Work harder and faster<br />

28 Emma Sinclair, UNICEF business<br />

mentor and tech entrepreneur<br />

University: an incubator for<br />

entrepreneurial thinking<br />

30 Richard Reed, co-founder<br />

of Innocent Smoothies<br />

Coming up with a lucrative<br />

start-up idea<br />

31 Mantas Gribulis, King’s<br />

MSc Robotics graduate<br />

Artificial intelligence:<br />

it’s got a life of its own<br />

32 Ariel Eckstein, MD of LinkedIn<br />

Europe, the Middle East and Africa<br />

What networking really means<br />

34 Peter Martyr, Global CEO<br />

of Norton Rose Fulbright LLP<br />

Start-ups: 10 things young<br />

entrepreneurs should know<br />

36 Entrepreneurs Captured<br />

A sneak peek of some snaps<br />

taken at <strong>KSEI</strong> events<br />

38 Carlos Eduardo Espinal,<br />

Partner at Seedcamp<br />

Raising finance and seeking<br />

investment<br />

39 Fleurette Mulcahy and Alice<br />

Holden, founders of Attollo<br />

Lingerie and King’s alumni<br />

Funding rollercoaster<br />

40 Cameron Saul, co-founder<br />

of Bottletop<br />

The King’s alumnus who launched<br />

a luxury designer brand<br />

42 Richard Milburn, co-founder<br />

of Tunza and King’s PhD student<br />

Real business ethics<br />

43 Dr Elizabeth Adelodun, founder<br />

of MindTorch and King’s alumna<br />

The ripple effect: social<br />

entrepreneurship<br />

44 Nick Robertson, founder<br />

of ASOS<br />

Entrepreneurial experiences<br />

and learnings<br />

46 Sir David Tang, founder of<br />

Shanghai Tang, China Clubs<br />

and China Tang Restaurant<br />

Find out how the King’s alumnus<br />

turned into a successful business<br />

tycoon<br />

47 Sharan Soni, co-founder<br />

of Waffle and King’s alumnus<br />

48 Robin Knight, co-founder<br />

of IN-PART and King’s alumnus<br />

50 Julian Smida, co-founder<br />

of Wango and King’s alumnus<br />

David vs Goliath: underestimate<br />

me… I’m a confident competitor<br />

52 Chris Sheldrick, co-founder of<br />

what3words and King’s alumnus<br />

54 Huan Song, co-founder of<br />

PixaVida and King’s MSc student<br />

No man is an island:<br />

live the life you’ve imagined<br />

55 Entrepreneurs Captured<br />

A sneak peek of some snaps<br />

taken at <strong>KSEI</strong> events<br />

60 Contacts<br />

Get in touch with the <strong>KSEI</strong> team<br />

About us: King’s Student<br />

Entrepreneurship Institute (<strong>KSEI</strong>)<br />

King’s Student Entrepreneurship Institute (<strong>KSEI</strong>) is the<br />

university’s flagship student entrepreneurship hub that<br />

offers support opportunities for King’s students, student<br />

entrepreneurs and recent alumni throughout their<br />

university journey.<br />

Our enterprising activities are run in line with the<br />

Institute’s three pillars of excellence:<br />

• Engage<br />

• Empower<br />

• Excel<br />

These provide our student entrepreneurs with support in:<br />

• idea development (Engage)<br />

• training in business and strategic planning (Empower)<br />

• acceleration and business development (Excel).<br />

The views, opinions and positions expressed by the authors and interviewees are theirs alone, and do not necessarily<br />

reflect the views, opinions or positions of King’s Student Entrepreneurship Institute and King’s College London.<br />

Produced by King’s Student Entrepreneurship Institute Editor: Anandana Bakshi, Head of Student Entrepreneurship Sub-editor: Hemali Patel, Entrepreneurship Coordinator<br />

Design: RF Design, www.rfportfolio.com Approved by brand@kcl.ac.uk, Sept 2015<br />

4<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 5


Entrepreneurship at Kings<br />

Entrepreneurship at Kings<br />

Engage: inspire and learn<br />

The Engage pillar of the Institute<br />

is about increasing your contact<br />

with enterprising activity. We<br />

aim to deliver programmes<br />

and events that are designed<br />

to increase your curiosity,<br />

confidence and enthusiasm for<br />

entrepreneurship and innovation<br />

as a viable career path.<br />

What does this mean for you?<br />

• Feel inspired and motivated to control your destiny.<br />

• Feed your curiosity about entrepreneurship and start-ups<br />

by attending informative events.<br />

• Learn about the idea development process.<br />

• Meet other students who have already launched their businesses<br />

at our networking evenings.<br />

• Explore your enterprising personality by taking part in<br />

student-led society events.<br />

• Develop your society’s entrepreneurial projects by applying<br />

for additional funding.<br />

Please see page 8 for a list of engage activities.<br />

Excel: King’s Accelerator<br />

The Excel pillar is focused<br />

on accelerating the best<br />

start-up ideas to reach<br />

reality, through the King’s<br />

Accelerator in partnership<br />

with external businesses.<br />

The King’s Accelerator will<br />

be coming soon.<br />

Coming to you soon:<br />

• Unrivalled access to mentors, investment and goal<br />

implementation.<br />

• Excel Funding Programme aimed at the early stage development<br />

of your business, innovation or proto-typing.<br />

• Investor Network – connect with sector-aligned businesses,<br />

high net worth individuals or groups that have a specific interest<br />

in investing in innovation.<br />

• Back Office Solution – PR, administration, accounting systems<br />

and support, policy, legal, intellectual property and IT. This is<br />

a whole suite of services offered to the student or business to<br />

support the strategy, structure and launch of your start-up.<br />

• Accelerator facility – a dedicated office space from which you<br />

can run your venture. The King’s Accelerator will be coming to<br />

you soon – keep updated via our website.<br />

Empower: up-skill and train<br />

The Empower pillar<br />

focuses on up-skilling the<br />

entrepreneurial capabilities<br />

required for entrepreneurial<br />

achievement. Develop your<br />

interest and motivation in<br />

entrepreneurial activities with<br />

initiatives that will provide<br />

you with added skills, insights,<br />

incubation and assessment.<br />

What does that mean for you and your<br />

idea/project/start-up?<br />

• Attend workshops and boot-camps, designed to up-skill<br />

and develop your entrepreneurial potential.<br />

• Provision of in-depth mentoring and advice to guide and sustain<br />

your progress on your entrepreneurial journey.<br />

• Enter a wide variety of competitions designed to take your<br />

start-up to the next stage. Here you can win anything from<br />

support from sector-specific mentors to funding for proto-type<br />

testing or growth.<br />

• Grow and develop your early stage companies in a start-up<br />

nurturing environment.<br />

Please see page 9–10 for a list of empower activities.<br />

Academia and Entrepreneurship at King’s<br />

Outside of <strong>KSEI</strong><br />

King’s College London has<br />

recently established an<br />

Entrepreneurship Centre,<br />

led by Professor Sabine<br />

Rau, lecturer Department<br />

of Management, King’s<br />

College London.<br />

The Centre will start teaching in 2015/2016 with three Bachelor<br />

courses: Entrepreneurial Finance, Psychology of Entrepreneurship,<br />

and Entrepreneurial Family Firms. In the Master of International<br />

Management the Centre offers an elective on International<br />

Entrepreneurship. The Centre is planning for an Entrepreneurship &<br />

Technology Master for non-business students as from 2017 onwards.<br />

The Centre is doing research in the area of innovation in long-lived<br />

family firms, on business family communication and conflict and its<br />

influence on business performance and succession, and they are<br />

running a research project together with PwC and Financial Times<br />

on Innovation in UK family firms. Professor Sabine Rau, along with a<br />

King's doctoral student and colleague recently won the ‘Best Family<br />

Business Paper Award’ from the Entrepreneurship Division Academy<br />

of Management at their 2015 conference in Vancouver.<br />

6 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 7


<strong>KSEI</strong> activities<br />

<strong>KSEI</strong> activities<br />

Engage: Inspire & Learn<br />

Entrepreneurship<br />

Support<br />

Fund (ESF)<br />

Entrepreneurship<br />

Support Network<br />

(ESN)<br />

Student-led societies can<br />

apply for up to £2,000<br />

in funding to implement<br />

projects or activities that have<br />

entrepreneurial or innovative<br />

goals. It is designed to strengthen<br />

and grow the university’s<br />

entrepreneurial eco-system.<br />

Description: ESN is a monthly<br />

committee roundtable discussion,<br />

led by <strong>KSEI</strong>. The forum is open<br />

to King’s societies presidents,<br />

vice presidents or nominated<br />

persons.<br />

The aim of the network is<br />

to update students on <strong>KSEI</strong><br />

initiatives, find out what support<br />

students need, encouraging cross<br />

collaboration across societies,<br />

partnering with societies to assist<br />

them in achieving their goals and<br />

delivering entrepreneurial impact.<br />

Application deadline: 6pm, 16 October 2015<br />

Please visit www.kcl.ac.uk/<strong>KSEI</strong> for more information<br />

The monthly network meetings will re-commence<br />

in October 2015 and are restricted to two people<br />

per society.<br />

If you are interested in joining please email<br />

Innovation@kcl.ac.uk, or visit www.kcl.ac.uk/<strong>KSEI</strong>.<br />

<strong>KSEI</strong> activities: 2015/16<br />

Engage: Inspire & Learn<br />

ENGAGE INITIATIVE DESCRIPTION DATES<br />

Enterprise Connect Listen to inspirational, highprofile<br />

Series 6:<br />

entrepreneurs delivering<br />

Official hashtag: informative and motivational<br />

#econnectors<br />

keynote speeches.<br />

Spread the word and<br />

Tweet us:<br />

@InnovateKings<br />

Following each event we host a<br />

networking reception where you<br />

can obtain advice and guidance<br />

from our expert ‘Connector Pod’<br />

mentors, covering different topics<br />

and giving hands on feedback.<br />

Furthermore you can connect<br />

with students and alumni who<br />

have already embarked on their<br />

start-up journey at the King’s<br />

Start-Up Junction.<br />

30 September 2015<br />

Ben Lewis, CEO River Island<br />

Greenwood Lecture Theatre,<br />

55 Weston Street, SE1 3RA<br />

28 October 2015<br />

Kevin Roberts, Executive Chairman, Saatchi & Saatchi<br />

James Caan, founder and CEO of Hamilton Bradshaw.<br />

Brent Hoberman CBE, Co-Founder Lastminute.com<br />

Greenwood Lecture Theatre,<br />

55 Weston Street, SE1 3RA<br />

11 November 2015<br />

Jacqueline Gold, CEO Ann Summers and Knickerbox<br />

Lecture Theatre, New Hunts House,<br />

Great Maze Pond, SE1 1UL<br />

Empower: Train & Learn<br />

EMPOWER INITIATIVE DESCRIPTION DATES<br />

Lion’s Den<br />

Challenge Start-Up<br />

Competition (LDC)<br />

Official hashtag: #LDC.<br />

Spread the word<br />

and Tweet us:<br />

@InnovateKings<br />

<strong>KSEI</strong> aims to ensure all activities<br />

initiated are in response to<br />

student demand. This committee<br />

serves as an important platform<br />

in achieving this.<br />

The university’s flagship start-up<br />

competition provides you with<br />

practical skills in business.<br />

• Five business workshops<br />

• Live pitching classes<br />

• Sector-specific awards<br />

• Up to £10,000 grant funding<br />

No previous knowledge or<br />

experience in business required.<br />

Workshops:<br />

7 October 2015 – Launch event<br />

21 October 2015<br />

4 November 2015<br />

2 December 2015<br />

27 January 2016<br />

10 February 2016<br />

Location: Room G.79, FWB, Waterloo Campus<br />

5:30pm – 8:30pm. Details may be subject to change.<br />

LDC applications open:<br />

2 December 2015<br />

LDC applications close: 6pm, 16 February 2016<br />

Please visit www.LionsDenChallenge.co.uk for updates<br />

Series 7:<br />

3 February 2016<br />

17 February 2016<br />

2 March 2016<br />

9 March 2016<br />

Please visit www.kcl.ac.uk/<strong>KSEI</strong> for updates<br />

activities continued overleaf<br />

8 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 9


<strong>KSEI</strong> activities<br />

Student-led societies<br />

<strong>KSEI</strong> activities: 2015/16<br />

Empower: Train & Learn<br />

EMPOWER INITIATIVE DESCRIPTION DATES<br />

King’s Mini<br />

Accelerator<br />

Weekend<br />

King’s Incubator<br />

King’s Start-Up<br />

Mentor Clinics<br />

King’s Experience<br />

Enterprise Award<br />

Tier 1 (Graduate<br />

Entrepreneurship)<br />

Visa<br />

A unique, intensive, three-day<br />

accelerator programme for King’s<br />

thriving start-up community.<br />

Successful applicants will:<br />

• go through intensive training<br />

• receive 1-2-1 coaching<br />

• pitch to win up to £10,000<br />

grant funding.<br />

A dedicated, pop-up workspace<br />

designed to support the growth<br />

and development of early stage<br />

start-ups.<br />

Visit King’s resident mentor<br />

during term time to seek<br />

extensive guidance and advice<br />

on your business plan.<br />

The King’s Experience<br />

Enterprise Award aims to<br />

develop, enhance and recognise<br />

student enterprise activity<br />

in economic, social and/or<br />

cultural contexts.<br />

Enterprise Activity<br />

(minimum 25 hours)<br />

Reflection on that experience<br />

Undertaking the assessment<br />

(circa 50 hours)<br />

An opportunity to endorse<br />

international graduates identified<br />

by King’s as having a credible<br />

idea for a business.<br />

If successful, endorsement could<br />

help support your extended stay<br />

in the UK in order to launch your<br />

venture. There is an application<br />

round once per term.<br />

Dates and Times:<br />

23 October 2015, 6pm – 8:30pm<br />

24 October 2015, 9am – 8pm<br />

25 October 2015, 9am – 6pm<br />

Location: Rainmaking Loft, 1 St Katherine’s Way,<br />

London, E1W 1UN<br />

Applications are now open.<br />

Please visit our f6s page for more information or to apply:<br />

www.f6s.com/kingsweekender2015<br />

Deadline: 11:59pm 12 October 2015<br />

The application process reopens every three months.<br />

Visit www.kcl.ac.uk/<strong>KSEI</strong> for up to date information<br />

Dates and times:<br />

Every Wednesday afternoon<br />

For further information or to book an appointment<br />

go to www.kcl.ac.uk/<strong>KSEI</strong>.<br />

Deadline:<br />

10 December 2015<br />

For further information; or to apply please go to<br />

www.kcl.ac.uk/enterprise-award<br />

Round 1 – autumn<br />

Open for application: 21 September 2015<br />

Deadline for applications: 30 October 2015<br />

Round 2 – spring<br />

Open for applications: 11 January 2016<br />

Deadline for applications: 26 February 2016<br />

Round 3 – summer<br />

Open for applications: 3 May 2016<br />

Deadline for applications: 24 June 2016<br />

For further information please email:<br />

careers@kcl.ac.uk<br />

A few entrepreneurially<br />

inclined student societies<br />

Enactus at KCL:<br />

SleepCoats, apple<br />

chips and mobile<br />

money apps:<br />

what do all these<br />

things have in common? They’re all<br />

businesses (social enterprises to be<br />

precise) started by students at Enactus<br />

KCL. Students just like you and me<br />

get to be part of exciting businesses<br />

and contribute what they know and<br />

learn what they don’t. You get to turn<br />

your ideas and aspirations into reality<br />

with all of the support and none<br />

of the risk! We do wonders for your<br />

employability and you do wonders<br />

for the world.<br />

www.enactuskcl.org<br />

@EnactusKCL<br />

KCLEnactus<br />

Public Affairs & Communications<br />

Society (PAC):<br />

The PAC society is King’s only<br />

society concerned with the wide<br />

fields of Public Affairs, Strategic<br />

Communications and Marketing,<br />

and PR. Its mission is to establish and<br />

strengthen relationships and exchange<br />

between the academic community<br />

at King’s and the relevant sectors<br />

of industry. In particular, PAC<br />

aims to establish strong links between<br />

students and employers, and to<br />

foster intellectual exchange between<br />

academic staff and industry<br />

professionals.<br />

PAC’s strategic objectives for<br />

establishing this vibrant and effective<br />

interaction are based on its uniquely<br />

designed career-weeks and chaired<br />

debates.<br />

www.kclpac.com<br />

@KCLPAC<br />

kclpac?fref=ts<br />

KCL Tech Society:<br />

KCL Tech is an award-winning<br />

student society founded by a small<br />

group of people passionate about<br />

technology for the purpose of<br />

spreading knowledge and creating a<br />

network of students and staff who have<br />

an interest in tech. We partner with<br />

some of the largest tech companies and<br />

start-ups across the globe, including<br />

Facebook, Uber, Google, Bloomberg<br />

and many more, to bring quality<br />

events and opportunities for our<br />

members. We host some of the largest<br />

student-run hackathons, workshops<br />

and conferences for a range of<br />

audiences including those with the<br />

slightest interests to those who<br />

consider themselves tech enthusiasts.<br />

www.kcltech.com<br />

@KCLTech<br />

KCLTech<br />

King’s Robotics Society:<br />

We are the droids you’re<br />

looking for! Jump in, get<br />

your hands dirty, and<br />

learn how to build<br />

whatever you want.<br />

Like a good challenge?<br />

Assemble your own maze-solving<br />

robot. Prefer to relax? Design a robot<br />

to water your plants for you. Enjoy<br />

a laugh? 3D print a robo-roach to<br />

scare your flatmates.<br />

Anything you dream up, we’ve got<br />

you covered; space, tools, equipment,<br />

hands-on workshops for all skill levels,<br />

talks by experts on hot topics and the<br />

chance to make some like-minded<br />

friends (sentient... or not).<br />

We’ll be waiting.<br />

With love, the Robots.<br />

www.kingsrobotics.co.uk<br />

@Kings_Robotics<br />

robotics.kings<br />

King’s College London Innovation<br />

Forum (KCLIF)<br />

Students and<br />

researchers in the life<br />

sciences are not often<br />

aware of the skills<br />

required to develop<br />

innovative ideas into<br />

viable products or businesses. King’s<br />

College London Innovation Forum<br />

(KCLIF) is the only post-graduate<br />

society at King’s that exists to help<br />

bridge the gap between academia,<br />

industry and the public sector. Our<br />

objectives are to enlighten and inform<br />

students across King’s of the vast range<br />

of opportunities outside academia, and<br />

assist them in assembling the skills<br />

necessary to be successful drivers of<br />

innovation and businesses.<br />

www.inno-forum.org<br />

@KCL_IF<br />

KCLInnovationForum<br />

King’s College London Business<br />

Club (KCLBC):<br />

The King’s College London Business<br />

Club (KCLBC), in the past voted as<br />

number one student enterprise society<br />

in the UK, is with over 4,000 members<br />

the largest student-led society at<br />

King’s. The main objectives for<br />

KCLBC include driving student<br />

entrepreneurship at KCL, as well as<br />

showing students what opportunities<br />

they have beyond their degree. By<br />

connecting students with experts<br />

from the corporate, as well as the<br />

entrepreneurial sector, KCLBC helps<br />

students establish connections and<br />

relationships, which will help them<br />

succeed in the future.<br />

www.kclbc.com<br />

@KCLBC<br />

KCLBusinessClub<br />

For further information on all KCLSU societies please visit: www.kclsu.org/societies.<br />

10 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 11


Entrepreneur Q&A<br />

Entrepreneur Q&A<br />

Focus on<br />

SIR RICHARD BRANSON<br />

King’s undergraduate Sam Werner interviews Sir Richard Branson, Virgin Group Founder.<br />

during these difficult days where the<br />

passion you have for a business really<br />

helps you stick with it and make it<br />

a success. Whenever we have faced<br />

a challenge at Virgin, we have always<br />

put our heads together to come up<br />

with a strategy that will allow the<br />

business to overcome a setback<br />

or challenge. Remember failure<br />

is a hurdle, not a dead end.<br />

‘Dream big’, is what people are often<br />

told. Looking back at your early days as<br />

an entrepreneur, what has helped you<br />

shape your vision of the future the most?<br />

I believe you should dream big and<br />

set yourself seemingly impossible<br />

challenges. You will then have to catch<br />

up with them. Mentors have always<br />

helped me shape my vision of the future<br />

and I’ve always been lucky to have<br />

them in my personal and business life.<br />

My mum has been a mentor throughout<br />

my life as well as Sir Freddie Laker who<br />

gave me invaluable advice and guidance<br />

as we set up Virgin Atlantic. If you ask<br />

any successful businessperson, they<br />

will always have had a great mentor at<br />

some point along the road. If you want<br />

success then it takes hard work, hard<br />

work and more hard work. But it also<br />

takes a little help along the way.<br />

In recent years there has been a<br />

significant growth in student start-ups<br />

at King’s College London. How do you<br />

see young entrepreneurs that are still<br />

in full-time education and what advice<br />

would you have for them so that they<br />

could use this particular position to<br />

their advantage?<br />

I left school at 15 to start Student<br />

magazine but when I was in my 40s,<br />

I considered taking a couple of years off<br />

to go back to studying. My wife talked<br />

me out of it – earning a degree takes a<br />

lot of time, and I simply wouldn’t be<br />

able to study and continue my work at<br />

Virgin. Many people assume that young<br />

entrepreneurs must choose between<br />

continuing their education and starting<br />

a business. In reality, these two choices<br />

can co-exist but there are three changes<br />

I would make to the system in order to<br />

produce more entrepreneurs.<br />

Encouraging students to start-up<br />

Universities should be encouraging<br />

students to start businesses linked to<br />

their studies. Especially in business<br />

programmes, professors should be<br />

encouraged to foster an entrepreneurial<br />

spirit in the classroom. Universities<br />

should offer guidance to students who<br />

have launched businesses, helping them<br />

toward success – budding entrepreneurs<br />

shouldn’t be forced to go it alone.<br />

Shorten degrees<br />

One way to help student entrepreneurs<br />

is to make some degree programmes<br />

shorter, some three-year programmes<br />

could easily be completed within two<br />

years. This would decrease students’<br />

debt and put them in a better position<br />

to start their own businesses.<br />

Instil the importance of networking<br />

in students<br />

College is an environment in which<br />

you’re always learning, and while<br />

many subjects you’re exposed to won’t<br />

be directly relevant to your business,<br />

you will learn to think critically. The<br />

learning environment also provides<br />

students with many opportunities<br />

to meet new people and share ideas.<br />

This is a huge benefit – the number<br />

of companies and lifetime friendships<br />

that are formed in college is endless.<br />

When first-time young entrepreneurs<br />

enter a new business field, how can<br />

they best use their lack of experience<br />

as an asset rather than a liability?<br />

Virgin’s history shows that a lack<br />

of experience does not have to be<br />

a liability – it can be an asset. It<br />

is something you should play up<br />

when you discuss your ideas with<br />

prospective investors, partners and<br />

employees, rather than directing<br />

the conversation toward your<br />

other strengths.<br />

From the first days of my career<br />

as an entrepreneur, I have always<br />

used my own and my team’s lack of<br />

experience to our advantage. In fact,<br />

at our first venture, Student magazine,<br />

we used our newcomer status to<br />

secure great interviews and generate<br />

publicity – people were excited about<br />

our new project and wanted to get<br />

involved. Our inexperience fed our<br />

restless enthusiasm for trying new<br />

things, which became part of our core<br />

mission. No matter which industry<br />

you are planning to enter, you will<br />

almost certainly find that the same<br />

holds true for you.<br />

Have you ever dealt with fear when<br />

it comes to making wrong decisions or<br />

even potentially losing the company<br />

you have created?<br />

There will always be some very<br />

challenging moments when an<br />

entrepreneur starts a business. At<br />

times you are afraid everything you<br />

have worked to build will vanish. It is<br />

during these days that entrepreneurs<br />

should use this fear as fuel to push<br />

them forward and try to resolve<br />

whatever problem is facing the<br />

business. When harnessed positively,<br />

fear can be the energy that spurs you<br />

forward and keeps you on the road<br />

to success. Virgin certainly has faced<br />

many through the years and it is<br />

What piece of advice could you give<br />

young entrepreneurs when it comes<br />

to successfully marketing their<br />

proposition?<br />

There’s no guarantee that spending a<br />

huge amount of money on marketing<br />

will slingshot your business forward.<br />

When we launched Virgin Atlantic<br />

we didn’t have the budget to take on<br />

British Airways’ marketing campaigns.<br />

One piece of advice Sir Freddie Laker<br />

gave me was ‘You’ll never have the<br />

advertising power to outsell British<br />

Airways. You are going to have to get<br />

Lightning round<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Cats or dogs? Dogs<br />

What picks you up when you feel<br />

low? Apart from spending time<br />

with my family, I’m most happy<br />

when I am kite surfing – give me<br />

a kite and a board and some wind<br />

and waves, and you won’t wipe<br />

the smile off my face.<br />

Winter or Summer? I’m lucky to<br />

live on Necker Island where it’s<br />

summer all year round!<br />

What is your favourite film?<br />

Breaking the Taboo, a film<br />

produced by my son Sam and<br />

Sundog Pictures. It ensures that<br />

the topic of global drug policy will<br />

continue to be thought and talked<br />

about.<br />

What is your top tip for business<br />

success? You’ve got to take risks if<br />

you’re going to succeed. I would<br />

much rather ask for forgiveness<br />

than permission.<br />

What three things couldn’t you live<br />

without? Family time, my notepad<br />

and kite surfing.<br />

out there and use yourself. Make a<br />

fool of yourself. Otherwise you won’t<br />

survive.’ And I’ve been making a fool<br />

of myself ever since! I took his advice<br />

and I’ve been thinking up fun ways to<br />

stand out from the crowd and draw the<br />

media’s attention to our company ever<br />

since, from breaking world records to<br />

pulling pranks.<br />

The King’s Student Entrepreneurship<br />

Institute has effectively brought<br />

together all the different student<br />

enterprise organisations at King’s,<br />

created a structure to engaging,<br />

empowering and investing in start-ups<br />

through incubating space, workshops,<br />

events, mentoring, and much more.<br />

How important do you think it is for<br />

universities to dedicate services and<br />

time to support student entrepreneurs?<br />

It’s fantastic that King’s has<br />

created a dynamic environment for<br />

entrepreneurs to prosper. I think it’s<br />

essential for universities to dedicate<br />

time and support to foster the Virgins<br />

of the future. I also believe that<br />

governments should provide the<br />

finance and energy to foster a new<br />

generation of entrepreneurs and open<br />

markets for them to compete in.<br />

One of the best policies has been the<br />

introduction of the Start-Up Loans<br />

scheme. It was originally aimed<br />

at university-aged students and in<br />

just three years the Start-Up Loan<br />

Company has expanded to take on<br />

all ages, and has lent more than £140<br />

million to 27,000 businesses across<br />

the UK. Virgin StartUp is our notfor-profit<br />

organisation, which gives<br />

budding entrepreneurs the funding,<br />

information and support they need to<br />

get their business ideas off the ground.<br />

It has helped hundreds of businesses<br />

get early financing and Virgin StartUp<br />

also focuses on supporting the next<br />

round of financing through further<br />

loan schemes, crowd funding sources<br />

or traditional angel investment and<br />

private equity. ■<br />

Virgin StartUp<br />

Virgin StartUp is a not-for-profit<br />

organisation which gives budding<br />

entrepreneurs the funding,<br />

information and support they<br />

need to get their business ideas<br />

off the ground. Find out more at<br />

virginstartup.org.<br />

Interviewer’s profile: Sam Werner is a<br />

final year Business Management student<br />

and the president of the King’s College<br />

London Business Club (KCLBC) after<br />

having been involved for the past two<br />

years in the club’s enterprise department<br />

and as Vice President.<br />

www.kclbc.com<br />

@KCLBC KCLBusinessClub<br />

12<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 13


Alumna Q&A<br />

Alumna Q&A<br />

ELLA JADE BITTON:<br />

Co-founder and Executive Director of Ella Jade Interiors<br />

PROFILE<br />

Age: 24<br />

What did you study at King’s College<br />

London? Business Management<br />

What year did you graduate? 2013<br />

What campus were you based at?<br />

Waterloo<br />

Were you part of any King’s<br />

societies? President of King’s College<br />

London Business Club (KCLBC)<br />

How old were you when you<br />

launched Ella Jade Interiors? 16<br />

Ella let’s start with a little background<br />

information on you – what did you<br />

study at King’s and how did you find<br />

your experience here?<br />

I was a Business Management Student<br />

at King’s College London – a degree<br />

that you can relate to any industry,<br />

although I’m probably biased! I feel<br />

the community at King’s enables<br />

students to learn and develop through<br />

friendships and societies whilst also<br />

growing up in the capital city of<br />

London. Being involved in KCLBC<br />

and becoming President was an<br />

experience I will never forget and one<br />

I look back on and utilise to this day.<br />

Tell us a bit about Ella Jade Interiors;<br />

what is it and how did you come up with<br />

the idea?<br />

My interest in the entrepreneurial<br />

sphere started at the age of 16 when<br />

I registered and launched my brand<br />

Ella Jade ® into the Cosmetic and<br />

Interior design department in Harrods.<br />

It was an opportunity to launch<br />

a new brand into Harrods which<br />

I took with open arms. My father<br />

was the continual force of inspiration<br />

and mentorship at that time.<br />

The concept of Ella Jade Interiors<br />

has developed considerably since<br />

its opening in Harrods. We initially<br />

concentrated more on Bathrooms and<br />

Kitchens, and now it has become an<br />

Interior Design Brand where we pride<br />

ourselves on our designs. The very<br />

unique element being that we not only<br />

design any room in the house, we then<br />

supply and manufacture all the products<br />

and also install everything. Essentially<br />

a one-stop shop for the entire house.<br />

What were the main challenges you<br />

faced early on in your venture? And do<br />

you still encounter them to this day?<br />

I was still growing up when it all<br />

started so I had to learn very quickly<br />

on the job. When you’re a teenager,<br />

you’re still finding yourself but I also<br />

had to find myself in the world of<br />

business. But I would say to any young<br />

entrepreneur that starting early is the<br />

best decision you could make.<br />

University provides a rare<br />

bubble where you can test ideas<br />

and learn things without burning<br />

your hand too much<br />

I encounter challenges every day<br />

and it would be boring without them!<br />

As an entrepreneur you’ll never stop<br />

learning and you have to make sure<br />

that you accept that.<br />

In general, the biggest challenges<br />

have been when I didn’t understand<br />

how to deal with a situation. So the<br />

more knowledge you have, the more<br />

challenges you can overcome without<br />

an issue.<br />

Do you have any suggestions for coping<br />

with set-backs, negative experiences?<br />

‘What doesn’t kill you makes you<br />

stronger’ is a saying I live by. Negative<br />

experiences give you a backbone,<br />

strength and knowledge to deal with<br />

anything.<br />

In all my negative experiences I’ve<br />

learned something. It actually shows<br />

you in that very moment what went<br />

wrong or what you could improve on,<br />

or even who isn’t working well in the<br />

team. If you solve it, you can move on<br />

and grow further.<br />

Where did your organisation’s funding/<br />

capital come from and how did you go<br />

about getting it? How did you secure<br />

investment for your business?<br />

At the initial stage of creation, I had an<br />

agreement with a company in a similar<br />

industry to lay the foundations. I was<br />

fortunate to have that opportunity and<br />

I do believe in working together with<br />

people you know. We haven’t had any<br />

external investment in the business,<br />

but that’s something I’m considering<br />

in the future to move the company<br />

international.<br />

I would however promote Angel<br />

investors, crowdfunding and<br />

partnering with someone as other<br />

means of investments.<br />

What influence has King’s had on your<br />

entrepreneurial achievements? Please<br />

give us an insight into the university’s<br />

initiatives and programmes you took<br />

part in and how they equipped,<br />

developed and prepared you for your<br />

entrepreneurial journey.<br />

King’s College London Business Club<br />

was as important, if not more than, my<br />

degree. I got involved with the society<br />

from freshers’ week in first year and<br />

went on to become President. The<br />

society provides opportunities to help<br />

students develop their future careers,<br />

whether in the entrepreneurial or<br />

corporate sphere. I was leading a team<br />

of 30 on a daily basis, working with<br />

international corporates such as<br />

Accenture, Deloitte, Google,<br />

generating sponsorship and with the<br />

team achieved the first ever student<br />

trip to Silicon Valley. Taking students<br />

to companies including Facebook HQ,<br />

Microsoft HQ and Google HQ.<br />

14 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 15


Alumna Q&A<br />

Alumnus article<br />

I learnt so many business skills in a<br />

practical sense. Leadership, teamwork,<br />

delegation, organisation, creativity,<br />

target markets and client relationship<br />

management. To this present day<br />

I use examples from the society and<br />

I probably always will!<br />

What three pieces of advice would you<br />

give to university students who want<br />

to become entrepreneurs?<br />

Firstly, practical experience. Utilise<br />

the logical reasoning and knowledge<br />

you learn studying and apply it in a<br />

practical sense either through a society<br />

or in your own business.<br />

Secondly, build your network and<br />

your community. Do NOT social<br />

climb in any sense! But understand<br />

your fellow students, build a network<br />

so that you can perhaps in the future<br />

work together and benefit one another.<br />

Thirdly, take risks, challenge<br />

yourself and work hard. University<br />

provides a rare bubble where you can<br />

test ideas and learn things without<br />

burning your hand too much. If you<br />

succeed the first time, fantastic!<br />

If not, you will be learning in a safe<br />

environment.<br />

In 2014 you took part in the BBC’s<br />

television show ‘The Apprentice’. Can<br />

you give us an insight into how you<br />

found that experience; what skills did<br />

you gain and what lessons did you learn?<br />

Being on The Apprentice was definitely<br />

the best and craziest experience of my<br />

life. The experience itself was very<br />

intense and non-stop. The 20 minute<br />

wake-up call is no joke and the hours<br />

are long from early morning until<br />

late evening.<br />

You only have yourself. You can’t<br />

hide behind technology or friends. You<br />

have to learn to be quick-thinking and<br />

understand many different characters.<br />

It was a character-building regime and<br />

I definitely learned the most after the<br />

airing of the programme where you<br />

have to take opportunities quickly<br />

and fairly.<br />

If you could go back in time to when you<br />

first entered Lord Sugar’s board room,<br />

what would you do differently?<br />

I don’t actually regret anything.<br />

I would know how to deal with<br />

situations better and say the right<br />

things because I’ve been through it.<br />

But essentially, it is an entertainment<br />

programme as well as business. So<br />

instead of concentrating solely on<br />

the business tasks I would show a bit<br />

more of my personality – hopefully<br />

in a positive way!<br />

How do you find people to bring into<br />

your organisation that truly care about<br />

the organisation the way you do?<br />

This is the golden question. For<br />

me, it’s all about the team. You can<br />

achieve anything together if you have<br />

the best team. I come across people<br />

in social situations, through events,<br />

networking and you trial them to see if<br />

they truly care about the organisation.<br />

The team I have is incredible and<br />

the team feel proud of the company<br />

as though it’s also theirs to grow<br />

and nurture.<br />

Have you had any start-up businesses<br />

that have been unsuccessful? If so, what<br />

have you learned from them?<br />

Absolutely! I created an organisation<br />

during a summer in university (not<br />

naming any names) and only two people<br />

turned up to a ‘seminar’. You have to<br />

laugh at it now, but at the time I was so<br />

embarrassed! It’s taught me about target<br />

markets and also not to diversify my<br />

time too much. I was concentrating on<br />

too many things at once and you have<br />

to learn to focus.<br />

How long do you stick with an idea<br />

before giving up?<br />

That all depends on the idea, some<br />

ideas will take months to realise its<br />

potential and some will only take<br />

weeks. It’s all about analysing the<br />

situation at hand. In my experience,<br />

you should go for an idea but also<br />

understand life has a natural course<br />

of working and sometimes better<br />

things will come along.<br />

What would you say are the top three<br />

skills needed to be a successful<br />

entrepreneur?<br />

Without a doubt, hard work is number<br />

one. Being an entrepreneur is a full<br />

time job 24 hours, seven days a week.<br />

It’s also the most rewarding and<br />

exhilarating job in the world!<br />

Secondly, ability to learn and<br />

analyse situations. This comes from<br />

LIGHTNING ROUND<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Android or iOS/Apple? Apple<br />

Twitter or Facebook? Twitter<br />

Starter or dessert? Dessert<br />

Home-cooked food or take away?<br />

Home cooked food<br />

Night in or night out? Night out<br />

Gym or gin? Gym<br />

Lazy Sundays or active<br />

weekends? Active weekends<br />

Where & when was your last<br />

holiday? Vegas and LA in April 2015<br />

Cats or dogs? Cats<br />

Winter or Summer? Summer<br />

Risk or regret? Risk<br />

experience, a willingness to learn and<br />

challenging yourself.<br />

Lastly, to be a great and successful<br />

entrepreneur you have to be humble<br />

and fair. My greatest inspiration is my<br />

father. He was a very shrewd and<br />

successful businessman, but he was<br />

also extremely kind and adored.<br />

Can you give us an ‘Exclusive’ on your<br />

plans for the next 12 months?<br />

I can reveal I have a press launch<br />

for Ella Jade Interiors coming up in<br />

September. I’m creating a new concept<br />

for interior design which has never<br />

been done before and it’s exciting to<br />

get a good reaction and interest from<br />

the media. Following that, my aim is to<br />

take the brand international. You can<br />

follow all the updates on social media,<br />

Twitter and Instagram! ■<br />

www.ellajadeinteriors.com<br />

@EllaJadeBrand<br />

@EllaJadeBrand<br />

FOR THE LOVE OF CYCLING<br />

– CYCLING SAFETY –<br />

King’s alumnus, Agostino Stilli led the start-up that won the Lion’s Den Challenge 2014-15.<br />

Here he gives us an indication of what they did to become a successful start-up.<br />

CYCL® is an<br />

international team<br />

that relocated to<br />

London at the<br />

end of 2013. We<br />

are focused on<br />

creating and<br />

manufacturing<br />

innovative solutions for cycling safety.<br />

First of all we are a group of friends<br />

who really love cycling.<br />

It has been a long journey, but a<br />

rewarding one at that. When we first<br />

began working on CYCL in April<br />

2014, Luca and I never envisioned<br />

presenting WingLights in front of<br />

the Duke of York (Pitch@Palace) or<br />

seeing ourselves in the London Evening<br />

Standard. However, with hard work,<br />

persistence and a helping hand from<br />

King’s College London, our company<br />

is now at a stage where we are working<br />

with major retailers and distributors<br />

within the cycling industry.<br />

King’s played a major part in<br />

motivating us and providing the team<br />

with the facilities and connections<br />

we required getting our start-up off<br />

the ground. The Incubating Space<br />

The experts at King’s will provide<br />

you with the help and knowledge you<br />

need to make your dream a reality<br />

for example allowed us to develop<br />

the business and network with other<br />

inspiring start-ups, and winning<br />

both Best Business (£5,000) and Best<br />

Pitch (£1,000) awards at the Lion’s<br />

Den Challenge meant that we could<br />

further invest in improving the quality<br />

Three pieces of advice for someone thinking about starting up:<br />

1<br />

Do not rush when looking for<br />

investors and do not evaluate<br />

them only on the money that<br />

they can potentially bring to<br />

your business, but also on<br />

their network of people.<br />

2<br />

Select your business partners<br />

wisely, especially when you are<br />

looking for founders. Always<br />

ensure that they believe in your<br />

idea as much as you do!<br />

of our product.<br />

Attending and speaking at events<br />

such as Enterprise Connect and<br />

becoming involved in the Sirius<br />

Programme led us to win second place<br />

at the Santander Universities Award<br />

in the Postgraduate Category. As well<br />

as providing us with further money<br />

to invest, the competition resulted<br />

in even more useful networking<br />

opportunities and introductions.<br />

If you are thinking of launching your<br />

own start-up company but aren’t sure<br />

where to begin, the experts at King’s<br />

will provide you with the help and<br />

knowledge you need to make your<br />

dream a reality. It may be daunting at<br />

first, but once you have begun your<br />

own journey, you won’t look back! ■<br />

www.cycl.bike<br />

@CyclBike<br />

3<br />

Make the best out of the city<br />

where you live: London offers you<br />

the opportunity to be involved in<br />

so many events for start-ups that<br />

you will never need to pay someone<br />

to teach you about it.<br />

16<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 17


Student article<br />

Enterprise Connect alumnus Q&A<br />

A LITTLE TECH<br />

– GOES A LONG WAY –<br />

Focus on<br />

ASHISH J. THAKKAR<br />

Third-year King’s Computer Science student Fares Alaboud demonstrates how a little desire<br />

and a lot of passion can help mould an alternative path for your future.<br />

King’s graduate, Ross Lindgren, who launched Stolen Productions Ltd at the age of 21, quizzes Ashish<br />

(Africa’s youngest billionaire) on the entrepreneurial journey he started at just 15 years old!<br />

I remember the<br />

first day I walked<br />

through the Strand<br />

Campus, with<br />

the same dream<br />

everyone else had:<br />

to be the next Steve<br />

Jobs or the next<br />

Bill Gates. I had so many ideas and so<br />

much passion, just like many others<br />

around me. I was ready to take on the<br />

next biggest challenge, to solve the next<br />

problem, to set on the next adventure.<br />

The only thing that is different today<br />

is the fact that it is no longer a dream.<br />

It is actually a feasible goal.<br />

Over the past few years I’ve discovered<br />

that studying at King’s keeps you busy.<br />

There’s always a networking event to<br />

make connections in the industry, a<br />

workshop to attend to gain new skills<br />

and a group of students set to make<br />

King’s a better place. I am lucky to<br />

be part of the latter, as this year I will<br />

proudly lead King’s fastest growing,<br />

multi-award-winning Tech Society (for<br />

information on the KCL Tech Society<br />

please see page 11).<br />

When I joined King’s, informatics<br />

students had little or no connection to<br />

the tech industry, and were destined to<br />

work in fin-tech (financial technology)<br />

firms or banks. The KCL Tech<br />

Society was founded with one simple<br />

goal in mind: to connect students to<br />

opportunities. I was in my first year<br />

when the founder, Ammaar Reshi,<br />

saw my passion for technology, and<br />

one thing led to another: I was a<br />

committee member in my first year,<br />

a vice president in my second year,<br />

and now I am president.<br />

Our first big accomplishment was<br />

our first event; HackKing’s, where<br />

we brought together over 100<br />

students from across the country,<br />

including Manchester, Southampton,<br />

Nottingham, St. Andrews, Oxford,<br />

as well as half a dozen London<br />

universities. We convinced Facebook,<br />

Codecademy and JUST EAT to<br />

sponsor us. In fact, Index Ventures<br />

gave £15,000 to the winning team.<br />

<strong>KSEI</strong> brought HackLondon some<br />

of its biggest sponsors<br />

The society slowly grew and our<br />

reach expanded beyond Informatics,<br />

with over 600 new members joining<br />

us in our second year from over 20<br />

fields of study. We had at least one<br />

event a week, ranging from studentled<br />

workshops that taught people<br />

how to code; to guest speakers from<br />

both London’s growing start-ups<br />

and the world’s most prominent<br />

tech companies. We were making a<br />

difference, and finally achieving our<br />

goal. My favourite part was seeing the<br />

students flourish as they start making<br />

connections and developing skills that<br />

will benefit them for the rest of their<br />

careers. And we know we’re making<br />

a difference. The founders of KCL<br />

Tech moved on to work at companies<br />

like Amazon and Palantir.<br />

As our outreach grew, so did the<br />

support we received from many parts<br />

of the university. Financially, the<br />

Department of Informatics funded<br />

many of our events. In terms of<br />

publicity, we were given much support<br />

from the Vice Principal of Education,<br />

as well as the Dean of the Faculty of<br />

Natural & Mathematical Sciences.<br />

However, the real players were King’s<br />

Student Entrepreneurship Institute<br />

(<strong>KSEI</strong>), who led the successful<br />

campaign to take over some space in<br />

King’s for student start-ups to work in.<br />

With this support, we grew even<br />

more. We ran the UK’s most attended<br />

hackathon since 2010, HackLondon,<br />

with over 220 people from across<br />

Europe and names like Google,<br />

Bloomberg, Dell, Intel and SwiftKey<br />

backing us up.<br />

Much of those who see our<br />

accomplishments thank the committee,<br />

but there’s one important factor that<br />

made all of this possible: the incredibly<br />

supportive environment. Lecturers<br />

attended our events and spread the<br />

word to other departments. Professor<br />

Ed Byrne AC, President and Principal<br />

of King’s College London, quoted<br />

our accomplishments at graduation.<br />

<strong>KSEI</strong> brought HackLondon some<br />

of its biggest sponsors.<br />

<strong>KSEI</strong>’s Entrepreneurship Support<br />

Fund has opened doors for prospective<br />

impacting start-up founders and<br />

project leaders across the university.<br />

From the perspective of KCL Tech, it<br />

has given student societies the ability<br />

to host both local and international<br />

events and competitions. Allowing us<br />

to bring together some of the world’s<br />

brightest minds to create solutions<br />

to the problems that exist in the<br />

world today.<br />

It is one of humanity’s marvels that<br />

a man’s footsteps will always remain<br />

on the moon. The reason King’s is a<br />

fantastic place to be is that everyone<br />

does everything in their power to leave<br />

something positive behind, and to<br />

enhance experience for those who<br />

are to come after us. ■<br />

As a 15-year-old entrepreneur did you<br />

age ever create obstacles when doing<br />

business? Certainly at a young age,<br />

starting a business selling computer<br />

parts in Uganda, there were obstacles<br />

– particularly in people taking me<br />

seriously, but I really learned how<br />

important hard work is and not<br />

accepting the status quo. I don’t<br />

accept ‘no’ for an answer. Another<br />

key lesson starting a business at any<br />

age is to surround yourself with people<br />

you can trust and come alongside you<br />

to drive your vision forward.<br />

In your Forbes article you speak on the<br />

importance of having a mentor when<br />

beginning as an entrepreneur. What do<br />

you look for in a mentor and how can<br />

young entrepreneurs find experienced<br />

industry mentors? As I said earlier,<br />

it’s important to surround yourself<br />

with people you can trust. People<br />

that can give you valuable input and<br />

are not afraid to be disruptive – in<br />

a positive way. It’s the reason that<br />

Mara Foundation has set up Mara<br />

Mentor – in order to help young<br />

people learn from each other and learn<br />

from industry leaders. Mara Mentor<br />

Lightning round<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

What picks you up when you feel<br />

low? My spiritual leader Morari<br />

Bapu is a major part of my life.<br />

His teaching is truth, love and<br />

compassion<br />

Twitter or Facebook? Twitter but<br />

soon Mara Chat! ;)<br />

What was the last TV show you<br />

watched? House of Cards<br />

Favourite Film? Godfather<br />

Cats or dogs? Lions!!!!!! ;)<br />

is designed to cultivate enterprise<br />

through idea and knowledge sharing<br />

and my belief is that this crucial<br />

interaction amongst peer groups will<br />

lead to fewer mistakes longer term.<br />

How do you identify and attract<br />

the most talented individuals when<br />

hiring? Having a strong team is key –<br />

you’re only ever as good as your team.<br />

At Mara we are proactive at putting<br />

the right people in the right positions.<br />

Our DNA is entrepreneurial and we<br />

make sure we get team members<br />

who are the best of entrepreneurial<br />

and yet institutional.<br />

The Mara group is highly diversified<br />

and engaged in a variety of activities<br />

such as financial services, real-estate<br />

and tourism. How do you decide which<br />

markets are worth entering and which<br />

ones to avoid? We focus on sectors<br />

that we are passionate about and we<br />

understand well. What has worked<br />

particularly well for Mara is that we<br />

also look for partners with international<br />

companies with substantial industry<br />

expertise. Coupled with our deep local<br />

understanding of the region, we have<br />

found this model works for us. We are<br />

not interested in reinventing wheels;<br />

we aim to be a disruptive force in<br />

whatever sector we are involved in.<br />

How early do you get up in the morning<br />

and how do you stay motivated?<br />

I travel a lot, so I don’t have the luxury<br />

of more than a few hours of sleep. For<br />

me, I find staying positive and inspired<br />

keeps me productive and motivated.<br />

What do you think are the most<br />

important attributes for a young<br />

entrepreneur to succeed?<br />

Be bold and surround yourself with<br />

good people; people with valuable<br />

input. It’s very important to learn<br />

from your mistakes, because you<br />

can’t afford to make the same mistake<br />

twice. Overall, I always encourage<br />

entrepreneurs to think big, but start<br />

small. If you have a bold vision, pace<br />

yourself and understand the details.<br />

Also to never compromise on your<br />

values and ethics, don’t take short cuts.<br />

What advice would you give to<br />

someone working within an existing<br />

company who’s thinking about taking<br />

the leap into entrepreneurship?<br />

Take the leap if you are sure about it.<br />

Take advantage of every opportunity<br />

to learn. Whether working for a<br />

company or starting your own<br />

business, it’s important to be bold,<br />

innovative and have a relentless work<br />

ethic. Being an ‘intrapreneur’ (an<br />

entrepreneur within a company) is just<br />

as fun, bold and exciting, as long as<br />

the company allows you to. ■<br />

Interviewer’s profile: Ross Lindgren<br />

is the Founder and Head Producer of<br />

Stolen Productions Ltd. Ross currently<br />

runs Stolen Productions from the King’s<br />

Incubator. Ross is a King’s College London<br />

Business Management Graduate (class<br />

of 2015) and was a member of the King’s<br />

College London Business Club (KCLBC).<br />

www.StolenProductions.com<br />

@RossCLindgren<br />

18 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 19


Enterprise Connect alumna Q&A<br />

Enterprise Connect alumna Q&A<br />

Focus on<br />

CYNTHIA CARROLL<br />

King’s alumna Yee-Mun Thum interviews the inspirational Cynthia Carroll, Non Exec Director<br />

BP and former CEO Anglo American PLC. The leading business woman, who spoke at Enterprise<br />

Connect, tells Yee-Mun about her 5:30am starts and gives advice on equality in business.<br />

Lightning round<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Android or iOS/Apple? Apple<br />

Twitter or Facebook? Neither! haha<br />

White board or Post-it? Post-it<br />

Cats or dogs? Dogs<br />

What picks you up when you feel<br />

low? My family<br />

How would you describe your<br />

leadership style? Is it one that you<br />

would encourage others to emulate?<br />

I believe in giving everybody in<br />

an organisation the opportunity to<br />

contribute and am highly supportive<br />

of teamwork. It is my view that<br />

better solutions to problems are<br />

found through input from those with<br />

different perspectives and experiences,<br />

and I strongly support diversification<br />

within an organisation. I work to build<br />

consensus and decision making, but it<br />

is clear that significant decisions rest<br />

ultimately with the executives and<br />

with the CEO. As a leader of a global<br />

company, I spent much of my time<br />

engaging with those inside and outside<br />

of the organisation, visiting operations,<br />

meeting with executive management<br />

teams, or working with governments,<br />

labour, or community representatives<br />

at all levels, and importantly,<br />

interacting with shareholders.<br />

In your working life, you’ve had to deal<br />

with many a naysayer and detractor.<br />

How do you handle both – the personal<br />

working relationship (if it was a<br />

colleague or a working partner), as<br />

well as the publicity surrounding what<br />

they say if they choose to critique you<br />

in the public eye?<br />

As a leader of a global organisation,<br />

you are always in the public eye and<br />

receiving scrutiny and evaluation. It<br />

is critical to maintain focus and belief<br />

in yourself, working continuously for<br />

the greater good of the organisation<br />

and not simply making decisions in<br />

response to media critique, a demand<br />

from a single shareholder, or the need<br />

of one business or a few individuals.<br />

In driving towards more efficient and<br />

effective organisations, I have made<br />

many tough decisions with respect<br />

to people, despite my close personal<br />

relationships with individuals.<br />

Although difficult, I always maintained<br />

a broader perspective relating to<br />

corporate enhancement, increased<br />

competitiveness and value creation.<br />

I was travelling almost 75%<br />

of the time at my last job when I was<br />

running a global organisation<br />

Do you feel that the gender issue<br />

is still one that affects women entering,<br />

and re-entering the corporate working<br />

world, particularly at management<br />

and executive levels?<br />

There is no question that women<br />

have many more opportunities today<br />

than they did in the past. Having said<br />

that, there are still prejudices and<br />

barriers that women need to overcome,<br />

particularly as they rise up through the<br />

ranks. Despite always working in<br />

male-dominated industries, I have<br />

stayed focused, believing in myself<br />

and trusting my business judgment,<br />

and expect mutual respect in an<br />

organisation. It is important for<br />

women to align themselves and to<br />

express their views and opinions<br />

about what is working and what<br />

is not. The business world still has<br />

a long way to go, particularly in the<br />

more male-dominated corporations<br />

and industries.<br />

Have you ever felt that you’ve had to<br />

make sacrifices that men might not<br />

have had to make, in the same position?<br />

I have been very fortunate to have a<br />

husband who has supported my career<br />

and our marriage since we met 28<br />

years ago. While he is an accountant<br />

and has a master’s degree in finance,<br />

he stepped away from his corporate<br />

job when we moved to Montreal in<br />

1998 so that I could head up a global<br />

business. We then had our fourth child<br />

and we made the decision that he<br />

would work from home while looking<br />

after our children.<br />

What are three practical bits of advice<br />

that you would give a young woman<br />

starting out today?<br />

1. Take risks and try different<br />

experiences, working<br />

internationally if you have the<br />

opportunity or working in a field<br />

where you have not been trained<br />

(i.e. moving from finance to<br />

operations or a technical job<br />

to finance).<br />

2. Be confident and believe in<br />

yourself, don’t be intimidated by<br />

those in more powerful positions<br />

– everyone has something to<br />

contribute. (Be sure to strengthen<br />

your presentation skills.)<br />

3. You can have a family and<br />

have a career, but know that you<br />

cannot do everything, so you have<br />

to be good at organising<br />

and prioritising.<br />

What advice you would give<br />

to men working alongside them?<br />

Actively support women in the<br />

organisation through recruitment,<br />

development, and inclusion. Men<br />

AND women should be considered<br />

for all positions in an organisation.<br />

Consider imposing specific diversity<br />

targets linked to remuneration to<br />

prompt the organisation to promote<br />

and hire more women.<br />

What were the toughest challenges you<br />

had to face when balancing your career<br />

and raising your family? How did you<br />

overcome them or work around them?<br />

I had children almost from the very<br />

beginning of my career. We have<br />

had the opportunity to live in four<br />

countries, and my children have had<br />

exposure to very international and<br />

diverse environments. As a result,<br />

I think that they are broad and open<br />

in their perspectives. My challenges<br />

were minimised by the fact that my<br />

husband stayed at home while I was<br />

travelling almost 75% of the time at<br />

my last job when I was running<br />

a global organisation.<br />

What’s a day like in your life? Do you<br />

have a specific routine to get your day,<br />

and that of your family’s, started?<br />

My routine has changed over the<br />

Men AND women should<br />

be considered for all positions<br />

in an organisation<br />

years. While running Anglo American,<br />

I usually was awake at 5:30am, and<br />

left home at 6:30 in order to get into<br />

central London to start my day.<br />

Fortunately I was driven to work,<br />

and so spent the commute in the car<br />

on the phone with people in places<br />

like South Africa, China or Australia.<br />

My day was spent participating in<br />

one meeting after another, and often<br />

involved interaction with shareholders,<br />

media or government officials. I was<br />

usually home about 7:30pm, and tried<br />

to stay at home during the weekends.<br />

Travel was frequent and my weeks<br />

began on Sunday evening when<br />

I would leave our house to catch<br />

a plane. It would not be unusual<br />

for me to visit South Africa, Chile,<br />

Brazil, and Peru in one week. This<br />

would involve a trip to an operation,<br />

addressing employees and meeting<br />

with union and government officials.<br />

Considering that approximately 90%<br />

of Anglo American’s operations were<br />

in developing countries, I was often<br />

away from home.<br />

What’s in the horizons for Cynthia<br />

Carroll, both professionally and<br />

personally?<br />

I am on the boards of Hitachi,<br />

Ltd. and BP. I want to keep working<br />

and being part of organisations<br />

that strive to be world-class and<br />

the best in their industry, making a<br />

difference to people, to communities,<br />

and to nations around the world<br />

while creating shareholder value.<br />

Personally, I look forward to spending<br />

more time with my husband and<br />

four children.<br />

And finally, to end on a light note,<br />

what do you eat for breakfast?<br />

I try to stay healthy, so I generally<br />

have yoghurt with some fruit. ■<br />

Interviewer’s profile: Yee-Mun Thum<br />

is the Co-Founder of Scarlett of Soho, the<br />

UK’s first eyewear subscription service.<br />

She completed her MA in Digital<br />

Culture & Society at King’s College<br />

London in 2014. Yee-Mun was also<br />

an active member of the King’s College<br />

London Business Club (KCLBC).<br />

ScarlettofSoho<br />

20<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 21


PhD student article<br />

Graduate article<br />

CONTROL YOUR DESTINY<br />

– TAKING THE BULL BY THE HORNS –<br />

MED-TECH<br />

– DOCTORS AKA ENTREPRENEURS –<br />

President of KCL Innovation Forum, Bauke Anninga, conveys the importance<br />

of preparing for life outside of academia. The current PhD Cancer Studies student<br />

introduces the practical support that is offered by the society.<br />

Dr Cosima Gretton, King’s recent graduate, shares her views on how entrepreneurship<br />

and innovation are the missing pieces in modern medicine.<br />

King’s College<br />

London Innovation<br />

Forum (KCLIF)<br />

is the only<br />

postgraduate<br />

society at King’s<br />

that exists to help<br />

bridge the gap<br />

between academia, industry and the<br />

public sector. Students and earlycareer<br />

researchers in the sciences are<br />

not often aware of the skills required<br />

to develop innovative ideas into viable<br />

products or businesses.<br />

Our objectives are to enlighten<br />

and inform students across King’s<br />

of the vast range of opportunities<br />

outside academia, and assist them in<br />

assembling the skills necessary to be<br />

successful drivers of innovation and<br />

businesses. By doing so, we hope to<br />

enlighten and educate researchers at<br />

King’s such that they feel confident<br />

to commercialise suitable ideas<br />

ABOVE: Professor Karen O’Brien<br />

(Vice-Principal Education at King’s College<br />

London) awarding Bauke Anninga the King’s<br />

Experience Enterprise Award in 2015.<br />

RIGHT: Bauke Anninga speaking at the<br />

Enterprise Connect event: ‘An Evening<br />

on Student Entrepreneurship at King’s.’<br />

or become attractive prospects<br />

to the private sector – be it for<br />

entrepreneurship or other roles.<br />

To best meet these goals we<br />

organise a number of seminars each<br />

year that address the varied nature<br />

of opportunities outside of academia.<br />

Through seminars and workshops<br />

delivered by inspirational figures<br />

in research and industry, we aim<br />

to encourage our members to think<br />

about their education, experience<br />

and unique skills and how these can<br />

be used outside an academic route.<br />

Students and early-career<br />

researchers in the sciences are not<br />

often aware of the skills required to<br />

develop innovative ideas into viable<br />

products or businesses<br />

I took over as President of the<br />

society this year and am very excited<br />

to be working together with a very<br />

talented and enthusiastic team.<br />

I am thankful for the support<br />

that we received from King’s<br />

Commercialisation Institute, King’s<br />

Student Entrepreneurship Institute<br />

and the King’s Graduate School<br />

and hope we can build upon that<br />

experience. Notably, <strong>KSEI</strong>’s<br />

Entrepreneurship Support Fund<br />

enabled us to grow our network<br />

by 250% and offer various great<br />

events that were relevant to our<br />

members. We have some amazing<br />

plans for the coming year and are<br />

looking to connect with innovators<br />

at King’s, and beyond. We are<br />

originally founded from a life-sciences<br />

postgraduate background but are<br />

planning to expand into other<br />

scientific disciplines. By organising<br />

cross-disciplinary events we hope<br />

to create favourable circumstances<br />

for enterprise. We believe that<br />

by facilitating serendipity, true<br />

innovation occurs and great start-ups<br />

can be generated.<br />

If you would like to know more<br />

about the work that we do, please<br />

get in touch by either sending us<br />

an email via kcl@inno-forum.org, or<br />

alternatively go to page 11 for more<br />

contact details. ■<br />

www.inno-forum.org<br />

Cosima Gretton: sharing tales from her experience at the<br />

ten-week programme in NASA hothouse, Singularity University<br />

Technology is<br />

set to change<br />

medicine radically.<br />

New digital<br />

health solutions<br />

arise every day,<br />

radically altering<br />

how healthcare<br />

could potentially be delivered. But<br />

much of the innovation is currently<br />

coming from outside the field. The few<br />

doctors who step out of the relative<br />

safety of the profession often do so<br />

at a loss to their clinical careers.<br />

Innovation and entrepreneurship<br />

are not rewarded or included as part<br />

of formal training programmes in the<br />

UK. Audits and quality improvement<br />

contribute towards career progression,<br />

start-ups do not.<br />

When applying for Foundation<br />

training, it was clear there was no room<br />

in the online form for my achievements<br />

outside clinical or academic medicine.<br />

Points are awarded for academic<br />

publications, academic degrees and<br />

clinical training – but nothing else.<br />

We need to bring the training of<br />

junior doctors and medical students<br />

up to speed with the pace of change<br />

we are seeing outside medicine<br />

We need to bring the training of<br />

junior doctors and medical students<br />

up to speed with the pace of change we<br />

are seeing outside medicine. Technology<br />

will inevitably improve healthcare at<br />

every level, but without the involvement<br />

of medics the pace will be slow.<br />

In the USA, ‘doctors as entrepreneurs’<br />

is a common pathway, and one that<br />

is well rewarded. Thankfully things<br />

are changing. This September, Tony<br />

Young, the National Clinical Director for<br />

Innovation at NHS England, is launching<br />

a new programme called the Clinician<br />

Entrepreneur (visit bit.ly/CosCEP for<br />

more information). It is a radical new<br />

programme open to junior doctors and<br />

trainees, aimed at supporting innovation<br />

and entrepreneurship alongside clinical<br />

practice. It’s a great step forward, but<br />

lacks involvement of the other members<br />

of the multidisciplinary team, like<br />

nurses and physiotherapists. I really<br />

hope it is successful and the formal<br />

support kicks off a culture of innovation<br />

and eagerness for improvement<br />

throughout the NHS. ■<br />

www.cosimagretton.co.uk<br />

@cosgretton<br />

22 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 23


Alumnus Q&A<br />

Student hacking article<br />

CARMARLEY DENNIS:<br />

MUSTAFA ON HACKING<br />

– HE’S THE HACK-KING –<br />

Founder of Hubbly Bubbly<br />

PROFILE<br />

Age: 28<br />

What did you study at King’s College<br />

London? Law<br />

What year did you graduate? 2013<br />

What campus were you based at?<br />

Strand and Waterloo<br />

Were you part of any King’s societies?<br />

Fund Director of KCL Investment Club<br />

How old were you when you launched<br />

Hubbly Bubbly? 26<br />

LIGHTNING ROUND<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Android or iOS/Apple? iOS/Apple<br />

Twitter or Facebook? Twitter<br />

Starter or dessert? Dessert<br />

Home cooked food or take away?<br />

Home cooked<br />

Night in or night out? Night out<br />

Gym or gin? Gym<br />

Where and when was<br />

your last holiday? Miami<br />

– a few years ago<br />

Lazy Sundays or active<br />

weekends? Active weekends<br />

Cats or dogs? Dogs<br />

Winter or summer?<br />

Summer<br />

Risk or regret? Risk<br />

What did you study at King’s and how<br />

did you find your experience here?<br />

I studied law, and had the best time.<br />

What is Hubbly Bubbly?<br />

Hubbly Bubbly is a premium vaping<br />

company – we develop our own<br />

range of fruit flavoured e-liquids<br />

and vaping devices.<br />

What has your start-up journey been<br />

like whilst you have been at King’s<br />

and how has this impacted Hubbly<br />

Bubbly’s evolution?<br />

I started the company in my final<br />

year and had great support from the<br />

outset. I’ve worked closely with the<br />

King’s Student Entrepreneurship<br />

Institute (<strong>KSEI</strong>) and was a part of the<br />

first cohort of the King’s Incubator<br />

(March 2015). During this time<br />

I regularly attended their Enterprise<br />

Connect events, which included talks<br />

from entrepreneurs who had built<br />

their brands into household names.<br />

Following one event, <strong>KSEI</strong> connected<br />

me with the speaker Sahar Hashemi<br />

(Co-Founder Coffee Republic) who<br />

had built and exited two retail brands.<br />

Sahar had great insights to share<br />

about distribution, which I’ve since<br />

put into practice.<br />

Do you have a process for idea<br />

generation and testing for market<br />

viability?<br />

I start with finding solutions for<br />

problems close to me, and as far<br />

as market viability – I love data,<br />

the more the better, but I’ve found<br />

the best way to know if something<br />

works is to speak to users. I’m a big<br />

fan of pop-up stores for testing. We’ve<br />

run several of these for new ranges<br />

and flavours before moving to full<br />

scale production.<br />

How important is it to network<br />

at an early stage??<br />

Some of the relationships I’ve built<br />

over the years were vital in getting<br />

things moving with limited resources<br />

at the very start. As the business<br />

grows, identifying good mentors<br />

and advisors with domain expertise,<br />

and experience in scaling successful<br />

businesses is equally important.<br />

This will save you making some<br />

painful mistakes. I’ve been fortunate<br />

to have some great ones throughout<br />

my journey.<br />

What were the main challenges you<br />

faced early on in your venture? And<br />

do you still encounter them to this day?<br />

The main challenges were fundingrelated<br />

earlier on. Following<br />

graduation, I secured angel investment.<br />

Since then, the main challenge has<br />

been distribution and keeping cash<br />

flow healthy. We’ve been able to<br />

overcome these challenges by focusing<br />

on our strongest revenue sources,<br />

with the shortest sales cycles.<br />

Do you have any suggestions for coping<br />

with set-backs, negative experiences?<br />

I have a list of things I want to achieve<br />

in any given year posted above my<br />

desk – that keeps me focused when<br />

then things get tough.<br />

Have you any advice for a young<br />

entrepreneur who is held back by<br />

a fear of failure?<br />

Start your venture as a side project<br />

whilst at university or during<br />

employment, then aim to get your<br />

first paying customers within a realistic<br />

time span. Those early wins will give<br />

you the confidence to take the leap.<br />

What can we expect from Hubbly<br />

Bubbly over the next 12 months?<br />

The next 12 months you can<br />

expect to see our products listed<br />

in more retailers. ■<br />

www.hubblybubblyeliquid.com<br />

hubblybubblyeliquid<br />

hubblybubblyeliquid<br />

myhubblybubbly<br />

Mustafa Al Bassam has experienced all aspects of hacking; the good, the bad and the ugly.<br />

The Informatics undergraduate student introduces us to the modern world of hacking and<br />

how it nurtures creativity and innovation.<br />

When the media<br />

uses the word<br />

‘hacker’, it’s often<br />

accompanied by<br />

a stock photo of<br />

a man in a dark<br />

room tapping away<br />

on a keyboard,<br />

siphoning bank account information.<br />

The man is usually wearing a balaclava<br />

and gloves indoors, presumably<br />

because banks have CCTV cameras<br />

on their websites too and logging into<br />

a website leaves your actual fingerprint<br />

on it. This is the mainstream<br />

perception of hackers, derived from<br />

Hollywood films and the media.<br />

Within the wider tech community<br />

however, the word ‘hacker’ has very<br />

different perceptions and meanings.<br />

To hack means to be playfully clever<br />

and computer crime is only one<br />

of the many subsections of hacking.<br />

A hacker is someone who likes to<br />

explore and understand in detail the<br />

inner-workings of systems, particularly<br />

computer systems, and manipulates<br />

them in playful ways to discover clever<br />

solutions to problems – the solution is<br />

called a ‘hack’. A mobile app that uses<br />

GPS to alert you when you pass the<br />

grocery store every day so that you<br />

remember to pick up the milk can<br />

be an example of a hack.<br />

Admittedly I have been involved<br />

in the subsection of hacking that is<br />

more stereotypical of a Hollywood<br />

film’s perception.<br />

When I was 15 years old<br />

I co-founded a hacking group<br />

called ‘LulzSec’ that compromised<br />

the computer systems of a variety<br />

of governmental and corporate<br />

organisations including Sony, FBI<br />

affiliates, NATO, and Fox. The<br />

authorities weren’t happy about this,<br />

so I was arrested in the summer of<br />

2011. I was on bail for two years on<br />

condition that I didn’t access the<br />

internet. Living in 21st century Britain<br />

without access to the internet is harder<br />

than one might think.<br />

Computer code has social<br />

and political implications<br />

Hacking is inherently rewarding.<br />

Finding a security vulnerability in<br />

software at 1 o’clock in the morning,<br />

that would allow you to gain access<br />

to the systems of any head of states’<br />

official website during a revolution –<br />

defacing it with a pro-revolution<br />

message gives you a high. It’s<br />

pleasurable in two ways: technically<br />

(finding the vulnerability) and<br />

politically (participating in a<br />

revolution).<br />

I taught myself how to code by<br />

playing around with my computer,<br />

trying random ‘what if...?’ ideas with<br />

programming languages and Googling<br />

everything I didn’t know. If you’re<br />

passionate enough about something to<br />

learn it yourself, you will always be far<br />

ahead of anyone who is spoon-fed the<br />

skills in an academic environment.<br />

Computer code has social and<br />

political implications. Free (as in<br />

freedom) software developers selfidentify<br />

themselves as hackers, and<br />

they build software under a common<br />

hacker philosophy: that information<br />

should be free and that we should<br />

share our knowledge (and code) with<br />

everyone so that others can build<br />

upon it and use it to improve the<br />

massive rock we live on.<br />

This is the principle that the<br />

Linux operating system is built under.<br />

Unlike Windows, Linux is entirely free<br />

and the source code is open, which<br />

means that any programmer can edit<br />

the code and improve it. It’s arguably<br />

the largest collaborative project in<br />

human history with thousands of<br />

contributors, that powers over a<br />

billion devices and 96.6% of websites<br />

on the internet. It’s a project that is<br />

responsible for trillions of dollars of<br />

trade in the world economy – and yet<br />

it’s 100% free to use, made possible<br />

by the hacker principle of sharing that<br />

it’s rooted in.<br />

Hackers and people with technical<br />

skills have the responsibility and power<br />

to impact the world in positive ways.<br />

A hackathon is an event, often<br />

24-hours, where hackers congregate in<br />

teams to build innovative technologies,<br />

and then share what they’ve built at<br />

the end of the hackathon. Recently<br />

the hackathon scene has exploded<br />

and has become more mainstream,<br />

with banks, governments and<br />

old corporations organising their<br />

own hackathons (there’s even<br />

a McDonald’s hackathon).<br />

The KCL Tech Society, where<br />

I am a committee member, brings<br />

together students with different<br />

skill sets from various disciplines to<br />

create an innovative and supportive<br />

community of like minded people in<br />

the cross-section of technology and<br />

entrepreneurship. We run hackathons<br />

and coding workshops for absolute<br />

beginners. If it sounds like your<br />

calling, visit www.kcltech.com ■<br />

24 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 25


Graduate start-up article<br />

Graduate start-up article<br />

WORK HARDER<br />

– AND FASTER, AND KICK DOWN DOORS –<br />

Mark Chaffey is the Co-founder & Co-CEO of hackajob and a recent Business Management<br />

graduate (class of 2015) from King’s College London.<br />

Find your<br />

other half<br />

A good business<br />

always starts in<br />

one place; mine<br />

started two years<br />

ago when I met<br />

my co-founder,<br />

Raz, through the King’s College<br />

London Business Club. Finding your<br />

other half is hard, really hard, but<br />

when you find the right person, it’s<br />

worth every second spent searching.<br />

If you want to start a business one day,<br />

whether that is next week or in five<br />

years, the first thing you can do is start<br />

the search today, right now. And yes,<br />

treat it like you’re trying to find the<br />

love of your life, you’ll end up<br />

spending more time with them than<br />

your life partner!<br />

Shout from the rooftops<br />

Once you’ve found the other half,<br />

and you’ve started working on your<br />

idea, you now need to be loud. Really<br />

loud! Building a product and waiting<br />

for users to come to you simply<br />

won’t happen.<br />

Being loud typically falls into<br />

two categories; public speaking and<br />

talking to users/customers.<br />

The King’s Student<br />

Entrepreneurship Institute (formerly<br />

part of the King’s Commercialisation<br />

Institute) has been incredibly<br />

supportive to us and in March 2015<br />

gave us the opportunity to speak at<br />

one of their Enterprise Connect events<br />

(Scalability: growing your business).<br />

Whilst I enjoy speaking generally (just<br />

ask anyone who knows me), I know<br />

it can be daunting for new founders.<br />

You need to get over this fear and<br />

quickly. From that one event, we<br />

gained two new customers, a mentor<br />

and a potential employee. Never turn<br />

down a speaking gig; you never know<br />

who’s sat in the audience and with<br />

every gig you do, you refine your<br />

skills and improve.<br />

When it comes to selling to users/<br />

customers, as a start-up you have to<br />

All the hard work is starting<br />

to pay off as we were recently<br />

1 of the 11 start-ups selected to<br />

join Techstars London, out of more<br />

than 1,000 that applied<br />

kick doors down. It’s a pure numbers<br />

game; the more calls you make, the<br />

more emails you send, and the more<br />

meetings you take, the more customers<br />

you’ll have. Yes, you might annoy<br />

some people, some may even be rude<br />

to you, however the trick is simple…<br />

ignore them and keep on knocking<br />

on those doors, and your resilience<br />

will pay off. We managed to land<br />

prestigious institutions, such as the<br />

BBC, just six months after founding<br />

the business by not taking no for an<br />

answer (and admittedly building a<br />

kick-ass product).<br />

Time management (work harder)<br />

A question I have been asked a lot<br />

recently is ‘how did you manage<br />

to do your finals at uni and still work<br />

full-time on hackajob?’ I use a recent<br />

quote from Ryan Giggs, one of my<br />

idols, to answer: ‘If you want to be<br />

the best, work harder than everyone<br />

else.’ That rang true to me and it is<br />

something I try to live up to. Whilst<br />

my finals were happening the only<br />

choice I had was to work harder than<br />

my peers; 8am-7pm in the office,<br />

7pm-11pm in the library, for four<br />

weeks. Working from the free King’s<br />

incubator space at Guys Campus gave<br />

us the ability to work as a team all<br />

together in one place, building our<br />

company culture whilst making the<br />

trips to the library much shorter!<br />

All the hard work is starting to pay<br />

off as we were recently one of the<br />

11 start-ups selected to join Techstars<br />

London, out of more than 1,000<br />

that applied!<br />

If you’re struggling to keep up<br />

with all your work, there’s always<br />

something you can do… sleep faster.<br />

Graft and hustle are two attributes<br />

every entrepreneur shares. The ability<br />

to work harder and faster will give you<br />

a seriously unfair advantage.<br />

Learn from others’ mistakes<br />

Mistakes are costly. So why bother<br />

making the same mistakes other people<br />

have already made? My final piece of<br />

advice to any budding entrepreneur<br />

would be to read the following books:<br />

The Lean Startup by Eric Ries, The<br />

Mom Test by Rob Fitzpatrick, Hooked<br />

by Nir Eyal, ReWork by 37signals, and<br />

The Hard Thing About Hard Things<br />

by Ben Horowitz.<br />

Don’t be afraid of being a young,<br />

first-time founder. Learn quickly, work<br />

fast and kick down doors. You’ll be<br />

just fine!<br />

I am more than happy to help any<br />

budding student entrepreneurs with<br />

advice on sales, product and customer<br />

development and Techstars. ■<br />

www.hackajob.co<br />

@hackajob_co<br />

hackajob<br />

Co-founders and King’s graduates Mark Chaffey and Razvan Creanga<br />

celebrate their first day in Techstars with the whole hackajob team.<br />

26 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 27


Enterprise Connect alumna article<br />

Enterprise Connect alumna article<br />

UNIVERSITY:<br />

– AN INCUBATOR FOR ENTREPRENEURIAL THINKING –<br />

I am an impatient person. Period. Always was. Always will be. At 15 I (Emma Sinclair, co-founder<br />

of EnterpriseJungle) worked in a chemist, graduated to a McDonalds Saturday job at 16, worked<br />

behind bars at 18 (the alcoholic kind, as opposed to prison!) and latterly, behind a computer screen.<br />

University was an interesting time<br />

for me. I can’t say I was the most<br />

dedicated of students but I always read<br />

the prescribed reading list (well, ish…),<br />

handed work in on time (well, ish…)<br />

and crammed for exams. Fortunately<br />

I passed with pretty good grades<br />

thanks to some great teachers and a<br />

good memory. I had a good time too.<br />

University evolved my<br />

entrepreneurship skills. For those<br />

of you with no intentions of starting<br />

your own business don’t be fooled<br />

into thinking they are irrelevant<br />

None of us know exactly where<br />

we’ll end up in life but many of us are<br />

excited to get started: to start to study,<br />

start to live an independent life away<br />

from home, start to work, start to<br />

impact the world, start to climb the<br />

career ladder and if you’re like me,<br />

ditch homework. Others are keen<br />

researchers and are ready to graduate<br />

from bachelors and masters degrees<br />

to PhDs and teaching posts. Brilliant<br />

– but not something I can comment<br />

on. I can’t wait to be given an<br />

honorary PhD (take note King’s) but<br />

was never the kind to commit to that<br />

many years of voluntary study!<br />

So to those reading this, you might<br />

be forgiven for thinking that if I had<br />

my time again I might not go to<br />

university but rather go straight to a<br />

full-time job. Or I would have chosen<br />

to study business (instead of languages)<br />

given my obvious inclination towards<br />

the world of commerce. Or that<br />

committing four years to university did<br />

little to foster my entrepreneurial spirit.<br />

You would, however, be wrong. With<br />

the benefit of hindsight, I wouldn’t<br />

change a thing.<br />

Go get those social skills!<br />

For many, university is a fantastic<br />

incubator. Most of us arrive at 18<br />

(unless you’re one of those nine-yearold<br />

child geniuses I see on TV!) with<br />

a small circle of friends limited to the<br />

area you grew up in, the schools you<br />

went to and the sports clubs you<br />

frequented. Suddenly you’re exposed<br />

and introduced to people you might<br />

never have had the opportunity to<br />

meet otherwise, from all walks of life<br />

and all corners of the world. There<br />

were some I liked, some I loved and<br />

some who didn’t resonate at all that<br />

I downright avoided. But either way,<br />

as with working life, I had to learn to<br />

try and get on with everyone where<br />

possible. In retrospect, it was an early<br />

master class in networking.<br />

University isn’t the right path for<br />

everyone but when I reflect, I can see<br />

why my parents were so keen for me to<br />

have the experience. It shaped me.<br />

And business skills...<br />

At university there were societies and<br />

clubs to cater for every interest. I was<br />

responsible for my own profit and loss<br />

(no money, no lunch). I was thrown<br />

into accommodation with people from<br />

all over the world, crowded (and<br />

sometimes intimidating) classrooms,<br />

a city I didn’t know and a rhythm<br />

where on the whole, I was responsible<br />

for my own time for the first time.<br />

It didn’t take me long to figure out<br />

you get back what you put in. If you<br />

stay home and watch quiz shows all<br />

day you won’t meet anyone and more<br />

importantly, are unlikely to pass your<br />

degree. That’s no good. But if you do<br />

venture outside of your bedroom, the<br />

school of life awaits.<br />

I spent a term abroad studying in<br />

Spain and a year abroad working in<br />

Paris. Many of my contemporaries<br />

lived in small towns and took up<br />

teaching assistant posts. I was adamant<br />

I wanted to work in the capital city –<br />

and was lucky enough to secure an<br />

amazing job working on the shop floor<br />

of the infamous Virgin Megastore on<br />

the Champs Elysees. Being multilingual<br />

I was always asked to escort<br />

and help some of the pop stars who<br />

came to the store for record signings so<br />

I built up an envious collection of CDs<br />

all the while learning to speak French.<br />

Entrepreneurial skills are required<br />

in all walks of life: they mean<br />

applying yourself to situations with<br />

agility, applying innovative thinking<br />

to whatever you do<br />

It took me out of my comfort zone<br />

and ultimately gave me confidence.<br />

I had to navigate a new city, a foreign<br />

subway system, supermarket shopping<br />

where initially I couldn’t understand<br />

most of the labels and make new friends.<br />

I had to start a new job whilst initially<br />

struggling to express myself and had to<br />

concentrate harder to learn the skills<br />

required because… asking questions<br />

meant having to speak French!<br />

There is no better way to learn<br />

the value of networking – building<br />

your friends and acquaintances so that<br />

your access to advice and study and<br />

work opportunities is extended – than<br />

by living independently; abroad or<br />

not. Being young for my academic<br />

year, I was 17 when I secured a place<br />

at university, barely 18 when I arrived<br />

and 19 when I moved to Paris. I grew<br />

up fast.<br />

King’s College London:<br />

the land of opportunity.<br />

University evolved my<br />

entrepreneurship skills. For those<br />

of you with no intentions of starting<br />

your own business don’t be fooled<br />

into thinking they are irrelevant.<br />

Entrepreneurial skills are required in<br />

all walks of life: they mean applying<br />

yourself to situations with agility,<br />

applying innovative thinking to<br />

whatever you do – and self reliance.<br />

I met people from all walks of life<br />

who I learned to live and work with,<br />

as you must do at work. I learned<br />

how to live on a budget as opposed<br />

to coming home to my parents’ full<br />

fridge. I learned to find a job despite<br />

living in a city with thousands of other<br />

students seeking a job too. I learned to<br />

do a lot with a little; money, wardrobe<br />

and time. I learned that you get out<br />

what you put in. I learned to chase<br />

what I want. I learned that the world<br />

is a competitive place and I needed<br />

to define myself and soak up as<br />

many opportunities as possible<br />

before thinking about graduating<br />

and joining the workforce.<br />

Careers – wherever you find yourself<br />

and whatever you find yourself doing<br />

– require a plethora of skills: Skills that<br />

were unrefined when I rocked up to<br />

my first day of university but which<br />

I had definitely honed on the day I left.<br />

So to those of you arriving at<br />

King’s for your first year, those of you<br />

returning for a second year or those of<br />

you in the final furlongs of your<br />

degree, step out of your comfort zone<br />

and social circle and soak up as much<br />

as you can because never again will<br />

you have so many opportunities at<br />

your finger tips, all under one roof,<br />

designed specifically to help you get<br />

wherever you want to go. And of<br />

course… have fun! ■<br />

Written by Emma Sinclair; serial<br />

entrepreneur. Currently, co-founder<br />

of software company EnterpriseJungle<br />

and the youngest person to have floated a<br />

company on the London Stock Exchange.<br />

www.enterprisejungle.com<br />

@ES_Entrepreneur<br />

28 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 29


Enterprise Connect alumnus Q&A<br />

Student robotics article<br />

Focus on<br />

RICHARD REED<br />

ARTIFICIAL INTELLIGENCE:<br />

– IT’S GOT A LIFE OF ITS OWN! –<br />

Richard Reed, co-founder of Innocent Smoothies, talks to us about<br />

how he ended up with a lucrative start-up idea!<br />

Mantas Gribulis is a King’s College London graduate, class of 2015. Whilst reading<br />

MSc Robotics, he launched the university’s first ever Robotics Society in September 2014.<br />

As the society’s first President, he introduces us to the complex world of Robotics.<br />

Where did your inner entrepreneurial<br />

desire come from?<br />

Business is an amazing aperture where<br />

you can create and do things. As a kid,<br />

I worked at a dog factory for £2 an<br />

hour. I was picking up dog biscuits off<br />

the floor and I am down on the floor<br />

thinking, “there has to be something<br />

better than this”. I then went on to set<br />

up a lawn-mowing business and before<br />

I knew it I was inundated with work.<br />

I received £2.50 an hour, I got so<br />

much work that I employed friends<br />

and paid them £2.25 an hour.<br />

I recognised early on in life that<br />

‘If you don’t like it, change it’.<br />

How much research do you need<br />

to do before you start?<br />

I have found that the most important<br />

thing is to just get started. The world<br />

is full of people that never got started.<br />

That’s all that matters. We started<br />

our business with £500 of fruit and<br />

we crushed it up in the house we<br />

lived in at the time. We took the juice<br />

along to a music festival with a<br />

market stall and put up a sign saying<br />

‘shall we give up our jobs to pursue<br />

the smoothies’ with one bin saying<br />

‘yes’ and the other ‘no’. We got to the<br />

end of the weekend and the ‘yes’ bin<br />

was full.<br />

Richard Reed networks with students<br />

at Enterprise Connect.<br />

How did you raise initial funds?<br />

Well we wrote a business plan, we<br />

went to the market, we applied for<br />

a small business start-up loan to 20<br />

different banks and all said no. We<br />

also went to venture capitalists and it<br />

was a flat no from everyone we met in<br />

the beginning. But one of our friends<br />

suggested this basic principle of six<br />

degrees of separation effect, i.e. we<br />

don’t know anyone rich but we might<br />

know someone who knows of<br />

someone. Following this we went<br />

to our respective workplaces, stole<br />

all the email addresses and spammed<br />

all of them with information on the<br />

smoothies. A school mate got in touch<br />

following this, and said he did an<br />

I recognised early on in life that<br />

‘If you don’t like it, change it’<br />

Bill Clinton visits Richard at the Innocent<br />

Smoothie offices.<br />

Essentially, it’s all about<br />

‘Starting small and thinking big’<br />

internship with someone, who we met,<br />

and said yes, and without him there<br />

would be no Innocent.<br />

Does a good team help success?<br />

A good team has a shared set of values<br />

but different skills. I was obsessed<br />

with consumer-facing activities, while<br />

my fellow founders were passionate<br />

about selling and production<br />

respectively. We were a dream team of<br />

complementary skills that worked as a<br />

source of confidence and motivation.<br />

We worked to empower one another<br />

on a regular basis.<br />

When did you feel that you had<br />

made it, so to speak?<br />

When we started Innocent we<br />

thought it was 95% likely to fail,<br />

but we thought why not, let’s dream<br />

about that 5% and think about what<br />

it would look like. So 15 years ago,<br />

our 5% vision was to build a business<br />

that would one day be big and<br />

successful enough that Bill Clinton<br />

would come to visit.<br />

Both of those things happened.<br />

Essentially, it’s all about ‘starting<br />

small and thinking big’. ■<br />

Being a member<br />

of King’s robotics<br />

society is about<br />

bringing your<br />

ideas to life, it’s<br />

about seeing the<br />

equations in your<br />

books in the form<br />

of a robot, it’s about challenging yourself<br />

to think outside of the box, learn from<br />

others and work within a team.<br />

Our newly launched robotics society<br />

started in September 2014, when MSc<br />

robotics students wanted to learn more<br />

and travel the extra mile to apply what<br />

they learn in class. With the support<br />

of the informatics department and<br />

our lecturers, the society came to life.<br />

It started with only a few informatics<br />

students, but now there are more than<br />

20 active members from different<br />

courses and different backgrounds,<br />

both undergraduate and postgraduate.<br />

The society meets once to twice<br />

a week in the robotics lab, where<br />

members share ideas, build robots<br />

and meet new friends.<br />

Our first robot<br />

The first robot built by the society<br />

was Drumbot, which is a robotic<br />

drum-kit that can beat drums<br />

according to music tunes. This<br />

extremely loud robot received a lot<br />

of attention from the college in general<br />

and the department in specific.<br />

Drumbot was displayed in two major<br />

events: the Royal Institute Christmas<br />

lecture, as well as the cinematic<br />

premier of Big Hero 6.<br />

We have a deep interest in artificial<br />

intelligence, and did an event on<br />

whether it was a threat or a new<br />

beginning. Artificial intelligence is<br />

a broad technical field that deals with<br />

intelligent behaviour exhibited by<br />

machines or software programmes.<br />

Artificial intelligence developments and<br />

singularity were discussed during the<br />

session, such as how possible singularity<br />

is, how far we are from singularity and<br />

whether it is a threat or an opportunity.<br />

Technical singularity is a moment in<br />

This perfect mix of energetic minds<br />

and exceptional knowledge is maturing<br />

into commercially viable ideas<br />

time when general artificial intelligence,<br />

such that a computer would be capable<br />

of improving itself at an increasing rate.<br />

This would result in an intelligence<br />

explosion where smart machines design<br />

successive generations of increasingly<br />

powerful machines, creating intelligence<br />

far exceeding human intellectual<br />

capabilities. Many think that beyond<br />

ABOVE: The Drumbot<br />

BELOW: Visit from Google Deep Mind<br />

the technological singularity, events<br />

may become unpredictable and<br />

unfavourable for humanity.<br />

Google Deep Mind<br />

Our interest resulted in Google<br />

Deep Mind visiting us to present<br />

their work on artificial intelligence.<br />

Researchers from Google Deep Mind<br />

gave an exciting talk about artificial<br />

intelligence and the technology behind<br />

it. Amongst many things, speakers<br />

explained how deep neural networks<br />

work and how computers can recognise<br />

objects in images. Deep neural<br />

networks are designed to mimic the<br />

neurons of the brain so the computer<br />

programme could learn on its own by<br />

adapting to the data it is given. Today<br />

neural networks are increasingly being<br />

used to help to understand big data,<br />

while object recognition from images<br />

will be used in the near future in<br />

self-driving cars being built by Google.<br />

Every event we organise, every<br />

robot or programme we build shapes<br />

the society bit by bit into an<br />

innovation hub where passionate<br />

students bring their ideas to life<br />

and learn new skills. The insights in<br />

artificial intelligence from the previous<br />

conference gave us many thoughts<br />

on new applications. Moreover,<br />

the challenge of running society<br />

is teaching us how to build a deep<br />

technology start-up from ground-up.<br />

This perfect mix of energetic minds<br />

and exceptional knowledge is<br />

maturing into commercially viable<br />

ideas that students are now<br />

considering to pursue after graduation.<br />

If you are interested, please go to<br />

page 11 for details. ■<br />

www.kingsrobotics.co.uk<br />

30<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 31


Enterprise Connect alumnus Q&A<br />

Enterprise Connect alumnus Q&A<br />

Focus on<br />

ARIEL ECKSTEIN<br />

The Managing Director of LinkedIn Europe, the Middle East and Africa tells<br />

King’s graduate David Wilkinson what networking really means. Ariel shares his views<br />

on what potential employers look for and dealing with failure.<br />

At ClickThings you were promoted<br />

three times in the space of 14 months<br />

to the position of COO. What’s helped<br />

you climb the corporate ladder as fast<br />

as you have?<br />

I’d put it down to three things:<br />

hard work, loyalty and the willingness<br />

to be open to serendipity. That played<br />

itself out then, and has continued<br />

throughout my career.<br />

Over your career what are the most<br />

important lessons you learned that<br />

proved useful in later management<br />

roles at ClickThings, AOL and<br />

presently LinkedIn?<br />

Get the bad news early to ensure you<br />

are able to work to shape the outcome<br />

of any challenging situation. I learned<br />

that if you spot a challenge early, you<br />

give yourself much more room and time<br />

to manoeuvre than if you are playing<br />

hopeful games until it is too late. Also,<br />

it’s clear, but important to reiterate that<br />

you have to seek to surround yourself<br />

with good people. If you are afraid to<br />

hire and work with people better than<br />

yourself, you are underserving both<br />

yourself and your organisation.<br />

Given that half of all UK start-ups fail<br />

within five years, what advice would<br />

you give to anybody thinking about<br />

launching their own business today?<br />

Go after large market opportunities;<br />

ensure that your product or service<br />

solves a clear pain point that people<br />

are willing to pay for; don’t launch<br />

a one-product company; ensure that<br />

your first product is good enough to<br />

sell when you launch; and again,<br />

surround yourself with great people<br />

because you’ll need every single ounce<br />

of ingenuity, discipline, creativity, and<br />

resilience to succeed.<br />

What advice would you give to people<br />

afraid of networking? For example,<br />

they could be lacking in confidence,<br />

uncertain about sharing their ideas or<br />

have minimal industry experience.<br />

Networking gets a bad reputation.<br />

People think of a polyester-clad sales<br />

person aggressively intruding into<br />

other people’s conversations at a<br />

cocktail party. I try to focus on how<br />

can I inform or help someone and<br />

thus build my network with people<br />

to whom I have brought value. If you<br />

Lightning round<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Twitter or Facebook? LinkedIn<br />

Winter or Summer? Summer<br />

Favourite fast food? Burritos<br />

Cats or dogs? Dogs<br />

What did you want to be<br />

when you were 10 years old?<br />

Newspaper writer<br />

Ariel Eckstein:<br />

Enterprise<br />

Connect alumnus<br />

start by giving, it will be easier and<br />

more welcome if you subsequently<br />

seek to ask a favour or need help.<br />

What might new entrepreneurs<br />

do in practical terms to build their<br />

networks and start putting them<br />

to use? And how can aspiring<br />

entrepreneurs use LinkedIn to help<br />

grow their businesses?<br />

First of all, ensure you have strong<br />

LinkedIn profile, of course! Also, join<br />

groups, share your expertise by posting<br />

about key trends in business and<br />

industry. Offline, make sure that you<br />

are sharing your expertise in a way that<br />

adds to the ecosystem. If you do this in<br />

a valuable and non-transactional way,<br />

you’ll be in a better position to build<br />

brand equity for you and your company.<br />

You must have seen a lot of pretty<br />

varied LinkedIn profiles. What skills<br />

stand out to you as the most valued and<br />

important in the business world today?<br />

Resilience, optimism, compassion,<br />

creativity, and the willingness to<br />

understand before seeking to be<br />

understood.<br />

What have been some of the toughest<br />

things you’ve faced in your career?<br />

What kept you going?<br />

When we had to close ClickThings,<br />

I took it very personally. We worked<br />

very hard to try to keep the company<br />

going, but it was 2001 and funding<br />

sources had dried up. I felt like we<br />

had failed the team and tried to help<br />

everyone find another position. We<br />

weren’t able to do it immediately.<br />

What kept me going was the belief<br />

that we had tried our best to do the<br />

right thing and most of the employees<br />

realised that.<br />

Where do you see LinkedIn in<br />

five years time? With acquisitions<br />

including Lynda and SlideShare,<br />

is the company shifting away from<br />

professional networking and towards<br />

business services in general?<br />

We see LinkedIn increasing in<br />

importance to both our individual<br />

members and to enterprises. We are<br />

making major investments in our own<br />

products and in acquisitions like<br />

Lynda. I am as excited about<br />

LinkedIn today as I was six years ago.<br />

According to your own LinkedIn<br />

profile, you’ve been with the firm<br />

longer than anywhere else you’ve<br />

worked before. What’s next for you<br />

personally? If you beat Reid Hoffman<br />

at Settlers of Catan do you get to take<br />

over from Jeff Weiner?<br />

I’m going to continue to do what<br />

I enjoy most: work to create future<br />

LinkedIn leaders and also work with<br />

our largest and most demanding<br />

clients to ensure they get the most<br />

benefit from their relationship with<br />

LinkedIn. As for your question, Jeff<br />

is a fantastic CEO and we don’t want<br />

him to go anywhere.<br />

Interviewer’s profile: David Wilkinson is<br />

the Managing Director at Soho Strategy, a<br />

business he founded at the age of 14 (seven<br />

years ago). The firm’s client base includes<br />

political parties, global multinationals,<br />

charities, corporations and start-ups<br />

alike, with employees on three continents.<br />

David is also a King’s College<br />

London Political Economy Graduate,<br />

class of 2015. Whilst studying at<br />

the university David was President<br />

(2013–15) of the King’s Economics<br />

& Finance Society (EFS). ■<br />

www.sohostrategy.com<br />

sohostrategy @sohostrategy<br />

32<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 33


10 start-up tips<br />

10 start-up tips<br />

START-UPS:<br />

– 10 THINGS YOUNG ENTREPRENEURS SHOULD KNOW –<br />

Peter Martyr, Global CEO of Norton Rose Fulbright LLP, gives his top 10 start-up tips<br />

to King’s young entrepreneurs. Whether you have a business background or not,<br />

the advice given by the experienced leader is a great starting point for all.<br />

In the rush to start a business,<br />

entrepreneurs can often overlook<br />

key steps in the process. Although<br />

making mistakes – and more crucially,<br />

learning from them – is an important<br />

aspect of the process of building a<br />

company, more important is the need<br />

to be methodical in managing the<br />

commercial, financial and legal<br />

issues to ensure your vision becomes<br />

a reality.<br />

Above all, common sense should be<br />

the primary driver when making any<br />

business decisions. The principles for<br />

ensuring a business’s success is no<br />

different at the start-up level than it<br />

is for a large-scale business; having<br />

a holistic view of the various facets<br />

of a business is crucial whether you<br />

are dipping your toe in the start-up<br />

waters or managing a global legal<br />

practice of more than 3,000 lawyers.<br />

Outlined below are 10 things young<br />

entrepreneurs should consider when<br />

planning their business venture.<br />

1 Understand your business<br />

objectives<br />

You’ve identified a business<br />

opportunity: define your goals and<br />

strategies at the outset, and establish<br />

a timeline setting out the necessary<br />

steps to achieve these goals. Having a<br />

clear understanding of your business<br />

objectives will also enable you to<br />

sell your idea and get buy-in from<br />

investors and potential stakeholders.<br />

2 Understand your market and<br />

don’t be afraid to seek advice<br />

At its most basic level, conducting<br />

market research will enable you to<br />

identify whether your business idea<br />

is a viable one. It will also serve to<br />

establish your client or customer base<br />

as well as identify potential market<br />

competitors. Establish the specific<br />

needs of your customer base, as well<br />

as what your competitors are already<br />

doing to meet these needs, and apply<br />

that insight to your product.<br />

As a young entrepreneur, you have<br />

a wealth of experience to draw on<br />

from a wide range of sources. Cast<br />

your net as wide as possible and<br />

equip yourself with as much advice<br />

and insight as possible from<br />

entrepreneurs; learn from their<br />

stories and apply those lessons<br />

to your business.<br />

3 Be optimistic with the business<br />

but conservative with yourself<br />

There is nothing wrong with<br />

anticipating success, provided that<br />

anticipation doesn’t cloud your<br />

business objectives. Make sure you<br />

have factored in a plan B.<br />

4 Understand the IT risks<br />

associated with your business<br />

As businesses become more creative<br />

with the ways they collect and use<br />

personal data, so too do the efforts<br />

of those who would seek to steal<br />

that data. Recent headline-grabbing<br />

stories have shown that even the<br />

largest organisation isn’t immune to<br />

data breaches. Conducting a careful<br />

analysis of your business’s exposure<br />

to IT security risks and setting out<br />

a detailed plan to mitigate that risk<br />

will help to keep your company<br />

running in the event of a crisis.<br />

5 Understand the various funding<br />

options available and choose<br />

the right one based on your<br />

business objectives<br />

Ensure you have aligned your business<br />

plan with your financial plan. An<br />

effective business plan should also set<br />

out why the capital is required – what<br />

equipment will need to be purchased,<br />

or what work will need to be done,<br />

and how much will it cost?<br />

Raising capital is a challenge for<br />

any start-up, but your chances can<br />

be greatly improved if you understand<br />

the various types of funding available,<br />

their benefits and the potential<br />

drawbacks. Whether you’re seeking to<br />

secure a loan from a bank, considering<br />

going the venture capital or angel<br />

investor route, or are thinking of<br />

exploring crowdfunding,<br />

choosing the right one will<br />

depend on your business<br />

objectives. Equity investors,<br />

for example, may bring guidance<br />

and industry access that could<br />

prove crucial in the early stages<br />

of a company’s growth, but those<br />

investors will also be expecting a rate<br />

of return and will be anticipating<br />

an exit – possibly at the worst time<br />

for your business.<br />

An entrepreneur’s financial<br />

concerns don’t end once they have<br />

successfully attracted funding –<br />

ensuring the business is generating<br />

steady revenues is crucial to its<br />

continued survival. Meticulously<br />

manage your cash flow to keep on<br />

top of what is owed to creditors.<br />

A number of things can affect your<br />

business’s cash flows, including<br />

commodity price risk, exchange rate<br />

risk, asset price risk or credit risk.<br />

Make sure you identify these risks and<br />

factor them into your business plan.<br />

6 Understand your business’s<br />

tax obligations<br />

Your company’s tax requirements<br />

will depend on the type of business<br />

structure you use. Therefore tax<br />

should be one of the foremost issues<br />

to consider when setting out your<br />

business plan and deciding on<br />

a company vehicle.<br />

7 Understand your employment<br />

law obligations<br />

Managing staffing issues can take<br />

up a significant (if not the majority)<br />

of an employer’s time. This can be<br />

compounded if you are unaware of<br />

employees’ basic legislative rights.<br />

Areas such as working hours, annual<br />

leave, pay, health and safety and<br />

discrimination are all governed by<br />

legislation which could result in costly<br />

litigation if not followed correctly.<br />

Employment legislation is regularly<br />

changing – ensure you are obtaining<br />

the most current information when<br />

seeking advice.<br />

8 Understand the regulations<br />

that affect your business<br />

Regulatory regimes are evolving and<br />

taking on an increasingly global remit.<br />

Any entrepreneur should ensure<br />

they have thoroughly researched<br />

the law that applies to the industry<br />

the business will be operating in.<br />

Complying with regulation can be<br />

costly at the start-up phase, but failing<br />

to take into account the requirement<br />

to comply with legislation can be<br />

a terminal misstep.<br />

9 Understand the<br />

importance of protecting<br />

your business’s IP<br />

Typically, one of the first questions<br />

asked is: what intellectual property<br />

does the company own? This could<br />

include the company’s name and<br />

logo, the domain name used for the<br />

company’s online presence, or the<br />

design and function of the product<br />

being developed.<br />

Intellectual property rights in the<br />

products and services that a company<br />

is seeking to commercialise must be<br />

protected before the company goes<br />

to market. Not only will this help to<br />

maintain an edge over competitors,<br />

but it could open the door to other<br />

opportunities, such as licensing<br />

and franchising. Coming up with a<br />

strategy to protect your company’s IP<br />

can be a complex process. Make sure<br />

you have thoroughly researched and<br />

understood the requirements and costs<br />

of intellectual property protection.<br />

10 Get the best advice you can afford<br />

Finding the right legal adviser<br />

at the start of your venture may<br />

enable you to identify and address<br />

potential issues before they arise.<br />

Make sure you consider multiple<br />

options and negotiate on costs –<br />

build a relationship with your legal<br />

adviser before any specific legal<br />

issues arise. ■<br />

34 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 35


Photo album<br />

Photo album<br />

ENTREPRENEURS CAPTURED<br />

A sneak peek of some snaps taken at King’s Student<br />

Entrepreneurship Institute events<br />

Debbie Moore OBE, founder Pineapple<br />

Dance Studios.<br />

‘Zig when the rest of the world Zags’,<br />

Baroness Dido Harding, CEO of Talk<br />

Talk PLC.<br />

Cath Kidston advising the founders of Attollo Lingerie.<br />

Levi Roots founder of Reggae Reggae<br />

introduces his talk with a song<br />

King’s alumna Tamen Jadad Garcia, founder of Balanz.<br />

Oliver Zolman, King’s Medical<br />

Student and winner of UnLtd<br />

Social Enterprise Award.<br />

Founder of Coffee Republic Sahar Hashemi talks about<br />

being unique.<br />

Lord Bilimoria CBE, the founder of Cobra Beer, speaking at ‘An Evening on<br />

Student Entrepreneurship at Kings’.<br />

Craig Donaldson, CEO of Metro Bank.<br />

From left to right: Jon Moulton, founder and managing partner of Better Capital;<br />

Carlos Eduardo, partner in Seedcamp; and Julie Meyer MBE, founder of<br />

Ariadne Capital and Entrepreneur Country.<br />

Duncan Cheatle CEO Prelude Group, co-founder of Start-Up Britain and founder<br />

of The Supper Club, networking with Damilola Fajuyigb, King’s PhD student.<br />

Amit Bhatia, founder Swordfish Investments,<br />

co-owner QPR Football Club and Chairman<br />

Hope Construction Materials.<br />

From left to right: Roger Saul, founder of Mulberry; Duncan Cheatle,<br />

co-founder of Start-up Britain; and Cosima Gretton, King’s medical graduate<br />

and Science Curator.<br />

Ashish J. Thakkar, founder of Mara Group &<br />

Mara Foundation networks with King’s students.<br />

36 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 37


Enterprise Connect alumnus Q&A<br />

Alumni funding article<br />

Focus on<br />

CARLOS EDUARDO ESPINAL<br />

King’s graduate Daniel Gennaoui interviews the author of Fundraising Field Guide.<br />

Let the Partner at Seedcamp enlighten you on raising finance and seeking investment.<br />

FUNDING ROLLERCOASTER<br />

– THE HIGHS AND LOWS OF FINANCING A START-UP –<br />

King’s Geography alumni, Fleurette Mulcahy and Alice Holden, recount the trials and tribulations<br />

of their start-up Attollo, a lingerie brand designed by D+ women, for D+ women<br />

Tell us a bit<br />

about Seedcamp,<br />

and what<br />

you look for<br />

in start-ups.<br />

Seedcamp is a<br />

global acceleration<br />

fund with over<br />

180 investments. We have been<br />

around since 2007, and we specialise<br />

in companies that have billion dollar<br />

ambitions and we provide them<br />

with the network, the capital, and<br />

the learnings to do so. We look for<br />

ambitious founders that have a world<br />

view on company building.<br />

What would you tell somebody<br />

who has a great idea but doesn’t have<br />

the monetary resources?<br />

Resources are necessary to create value.<br />

If monetary resources are scarce, the<br />

question becomes: are human resources<br />

capable of producing value in absence<br />

of monetary resources? If so, this is,<br />

in effect, bootstrapping.<br />

Lightning round<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Twitter or Facebook? Twitter<br />

for work, Facebook for friends.<br />

What was the last TV show<br />

you watched? I love sci-fi –<br />

Falling Skies, Walking Dead,<br />

and Extant<br />

Winter or Summer? Summer<br />

Favourite Film? The Matrix<br />

Cats or Dogs? Dogs<br />

What did you want to be when you<br />

were 10 years old? R2D2<br />

How can you build a great team and<br />

attract top talent without any funds?<br />

In an increasingly competitive market<br />

for top talent, it will be increasingly<br />

difficult to attract a team without some<br />

form of cash as part of the equation.<br />

That said, not everyone is driven by<br />

cash alone, as there are many other<br />

factors that can drive someone to help<br />

build out a company, and how they<br />

are compensated can also be creative,<br />

including deferred payments as well as<br />

equity stakes in the company.<br />

At what point should a<br />

start-up start looking for<br />

funding, and how much<br />

equity should a founder<br />

be willing to give up?<br />

A start-up should start<br />

raising capital when they<br />

feel their company’s<br />

expansion rate is being<br />

hindered by their current<br />

cash flow. Not all companies hit this<br />

point and not all companies that hit<br />

this point should alleviate it by raising<br />

external capital (as opposed to other<br />

creative forms of financing help, such<br />

as buyer financing, supplier financing,<br />

debt, etc).<br />

As for ‘how much equity to give up’,<br />

% dilution is a function of valuation, so<br />

you’re asking... what valuation should<br />

I have for my company. Hopefully the<br />

blog post below helps.<br />

What should an entrepreneur be ready<br />

for when meeting a potential investor?<br />

They should be ready to justify the big<br />

vision they have for the business. This<br />

includes outlining how the market will<br />

allow the company to blossom into<br />

its vision, how the team is capable of<br />

executing this, and how the product<br />

will be able to deliver it.<br />

What are the most important things<br />

for founders to look out for when<br />

signing an investment deal?<br />

To understand the difference between<br />

the economics of a deal and the<br />

governance of a deal. Sometimes<br />

it is tempting to get hung up on the<br />

economics of a deal (dilution, etc) rather<br />

than focusing on the overall picture,<br />

which can contain other mechanisms<br />

that can create problems for you.<br />

For more detail on this and many<br />

other questions you’ve asked above,<br />

I go in far greater detail on my<br />

book, which can be downloaded at<br />

www.fundraisingfieldguide.com<br />

What’s the single thing you<br />

would say to a student who<br />

is wary about taking the leap<br />

to start his or her own company?<br />

I don’t think there is one thing<br />

that can be said, nor do I think<br />

I’d be the right person to try<br />

and come up with that ‘one thing’.<br />

Entrepreneurship is not easy, it has<br />

its highs, but just as many lows and<br />

it is a journey that one should not<br />

be taken lightly. ■<br />

Interviewer’s profile: Daniel Gennaoui<br />

is the Director and founder of Niume, the<br />

collaborative blogging platform. Daniel<br />

launched Niume with Francesco Facca<br />

whilst they both studied Mathematics at<br />

King’s College London. Daniel was also<br />

a member of the KCL Entrepreneurial<br />

and Investment society and KCL<br />

American Football Club.<br />

www.niume.com<br />

niume_official<br />

We met at King’s,<br />

while studying<br />

Geography and<br />

throughout our<br />

friendship, we often<br />

commiserated with<br />

one another about<br />

the dire selection<br />

and availability of pretty, stylish and<br />

uplifting bras available in our obscure<br />

and largely unavailable sizes. In April<br />

2013, at 20 years old and in the<br />

Waterfront Bar, we decided to take<br />

the plunge and found Attollo. Attollo<br />

meaning ‘I lift up, I raise, I excite’ was<br />

everything we wanted our bras to do,<br />

that current bras don’t.<br />

On the eve of founding Attollo, we<br />

were told that founding a business<br />

would be a rollercoaster. Having<br />

worked on Attollo for 22 months,<br />

we can honestly say that it is that<br />

rollercoaster every day!<br />

Our rollercoaster started on a high.<br />

At a King’s Enterprise Connect<br />

event we lingered, waiting to speak<br />

to speaker Lee McQueen, winner<br />

of BBC’s Apprentice. We received<br />

advice that we still reiterate to aspiring<br />

entrepreneurs – start your venture<br />

right away with your burning desire to<br />

see it come to fruition. Before we knew<br />

it, we had meetings lined up the next<br />

day with people already expressing<br />

investment interest. Dumbfounded,<br />

panicked, shocked and adrenaline<br />

fuelled, it quickly became clear that<br />

Attollo was becoming a full-time job,<br />

working in parallel to our degrees.<br />

Through competitions, we gained<br />

critical feedback about our business<br />

plan and financials. In our third year,<br />

we were taken aback to win ‘Best<br />

Pitch’ and £1,000 in King’s Lion’s Den<br />

Challenge and come ‘Joint Second’,<br />

winning £2,000 in Santander’s National<br />

Universities’ Entrepreneurship<br />

competition. In spite of<br />

our lack of business<br />

experience, our passion,<br />

enthusiasm and<br />

determination to<br />

launch Attollo were<br />

proving to be great<br />

assets. This validation<br />

increased our confidence<br />

and readiness to start building<br />

investor relations.<br />

Soon after, we were offered<br />

investment but unfortunately we had<br />

different ideas about the future direction<br />

of Attollo. Ultimately, it was with a<br />

huge leap of faith that we declined.<br />

Our company motto: “Carpe diem,<br />

Carpe noctem, Carpe monde” kept us<br />

going, empowering us to persevere<br />

Our start-up loan gave us the<br />

independence to design and create<br />

our first range with a team behind us<br />

supporting our ambitions for Attollo.<br />

Come March, with our loan quickly<br />

running out, we filled weeks pitching,<br />

applying to venture capitalists (VCs),<br />

angels and writing to high-net-worth<br />

individuals. We’ve gone as far as rock<br />

up at VCs’ receptions, asked to see<br />

the CEO without appointment and<br />

actually doing an ‘elevator pitch’.<br />

This was its own rollercoaster; one<br />

where you get so excited that certain<br />

individuals may be interested but<br />

which quickly becomes a series of<br />

disappointments as doors start to shut.<br />

Our company motto: ‘Carpe diem,<br />

Carpe noctem, Carpe monde’ kept<br />

us going, empowering us to persevere<br />

to create further funding options.<br />

The highs are great, and we<br />

cherish those days where it feels<br />

like it is all coming together.<br />

Those are the days that keep<br />

you going when it hits rock<br />

bottom. We have now had<br />

many lows, but the great<br />

thing about those periods<br />

are that they teach you more<br />

about yourself, your team,<br />

and your business than the highs<br />

ever will, therefore we find a way<br />

to cherish those also. ■<br />

Three things we have learned from<br />

our two-year funding rollercoaster:<br />

1<br />

2<br />

3<br />

About Ourselves: Our experiences<br />

have taught us about evaluating<br />

our time and the importance<br />

of prioritising in terms of time,<br />

people, investors and investment<br />

opportunities. With this we have<br />

learned to be resilient, robust<br />

and to persevere with what is<br />

important to us and Attollo<br />

as a brand.<br />

Our Team: Through challenges,<br />

we have learnt who within our<br />

team genuinely cares about<br />

us and also who shares our<br />

mission for Attollo.<br />

Our Business: We have learned<br />

the importance of our own vision<br />

for Attollo, its ethos and mission,<br />

and making sure they don’t get<br />

lost along the way.<br />

www.attollolingerie.com<br />

@AttolloLingerie<br />

38<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 39


Social entrepreneur Q&A<br />

Social entrepreneur Q&A<br />

King’s Economics and Management undergraduate, Renad Sheraif interviews Cameron Saul,<br />

a King’s alumnus. She quizzes the former King’s student on founding a luxury designer brand.<br />

Cameron, can you give us a little<br />

background information on you?<br />

I read Business Management at the<br />

Waterloo Campus, but made it my<br />

mission to combine languages where<br />

I could and took up French and Italian.<br />

I really enjoyed my time at King’s<br />

and they really supported everything<br />

I was doing. Bottletop gave me an<br />

arsenal of brilliant case studies that<br />

I could use throughout my degree<br />

and assignments. It gave me the<br />

opportunity to look at things from<br />

a macro perspective, a truly unique<br />

experience for an undergraduate.<br />

When I was studying there weren’t<br />

any activities like the ones run by<br />

King’s Student Entrepreneurship<br />

Institute. I find it exciting that you<br />

now have these opportunities and that<br />

King’s has taken such a visionary role.<br />

Can you give us some of the early<br />

history of Bottletop; what is it and how<br />

you came up with the idea?<br />

It was really exciting time, one which<br />

I look back on fondly. The idea was<br />

conceived during my time in Uganda.<br />

I came across a handbag made of metal<br />

recycled bottle tops. I hadn’t seen<br />

anything quite like it and thought it<br />

was really charming and commercial.<br />

So I set my housemate from Uganda<br />

up with a bank account and email<br />

address. When I returned to the UK,<br />

I’d send him emails of what I wanted<br />

and transfer the money into his bank<br />

account for him to buy the samples.<br />

I got amazing East African products,<br />

such as goat hide drums and sold them<br />

Focus on<br />

CAMERON SAUL<br />

Oliver Wayman and Cameron Saul, founders of Bottletop.<br />

as coffee tables at a stall in Portobello<br />

Market. It was all just a bit of fun, but<br />

I really wanted to get my hands on the<br />

bottle top bags.<br />

Bottletop gave me an arsenal<br />

of brilliant case studies that<br />

I could use throughout my degree<br />

and assignments<br />

My housemate rounded up some<br />

friends, who gathered bottle tops<br />

to send to Nairobi to manufacture.<br />

It was a long process, but when<br />

I received the shipment while I was<br />

working in the Mulberry showroom<br />

– everyone fell in love with them.<br />

Resulting in the Mulberry-Bottletop<br />

Campaign; the bags evolved from<br />

‘raw and rustic’ to ‘finesse and luxury’.<br />

Unexpectedly, Bottletop was hit with<br />

a huge wave of publicity and raised<br />

over £150,000 for the charity I worked<br />

for in Uganda.<br />

We officially launched Bottletop<br />

at the end of the second semester in<br />

my first year at King’s (June 2002).<br />

It was challenging for me to juggle<br />

both a degree and a start-up, but I was<br />

determined to not let either slip.<br />

Why did you decide to launch your<br />

start-up as a social enterprise?<br />

I wasn’t looking to start a company<br />

at that stage so it wasn’t really a case<br />

of one or the other. I came back<br />

from Uganda inspired and wanted<br />

to continue supporting health and<br />

education for young people.<br />

I wanted Bottletop to be commercial<br />

and successful whilst delivering social<br />

impact, through creation of the designs<br />

and education. Back in 2002 there<br />

was no landscape for social enterprise,<br />

there was only luxury or charity,<br />

and I am happy to see that over the<br />

last 13 years this has changed. After<br />

the 10 years of running a registered<br />

charity, the Bottletop Foundation, we<br />

evolved with the emergence of social<br />

enterprises, and launched Bottletop.<br />

Now our social enterprise, Bottletop,<br />

is part of the Bottletop Foundation,<br />

but independent in its own right, with<br />

the ability to grow.<br />

How would you define a social<br />

enterprise or social entrepreneur?<br />

I think that a social enterprise sets<br />

out to tackle one (or more) of the<br />

world’s social environmental problems,<br />

through commercially and ethically<br />

run businesses.<br />

I see a social entrepreneur as someone<br />

who is excited by generating wealth<br />

for a cause through entrepreneurial<br />

and enterprising ideas. As opposed<br />

to the traditional entrepreneur whose<br />

end goal is to solely generate personal<br />

wealth. But there is no reason why<br />

a social entrepreneur should not make<br />

money during this process.<br />

Do you ever help other social<br />

enterprises that are just starting up?<br />

We’re still in the early stages of<br />

building the brand (three years), and<br />

spread like jam with a very small team.<br />

I don’t have the time to support other<br />

social enterprises and teams, but I am<br />

happy to help where it’s relevant and<br />

if I think I’ve got something of value<br />

to share.<br />

I was delighted to take part in<br />

King’s Student Entrepreneurship<br />

Institute’s ‘Social Entrepreneurship<br />

in Education Festival’ (SEEFest)<br />

in November 2014. I gave a<br />

talk alongside a panel of social<br />

entrepreneurs and offered to mentor<br />

a student social entrepreneur as<br />

a prize. Richard Milburn was the<br />

competition winner (interview<br />

with Richard Milburn on page 42).<br />

We looked at ways to create an<br />

understanding of their cause and<br />

I advised him on growing his idea –<br />

he seems to be making great headway.<br />

There’s so much to do when launching<br />

a start-up, from business to marketing<br />

plans. How do you prioritise?<br />

This is something you have revaluate<br />

on a daily basis. Running a small<br />

start-up means focusing on what the<br />

really important ‘to-do’s’ are. Stay<br />

focused on what the business’ key<br />

driving factors are from one week to<br />

the next, but remain nimble enough<br />

to respond to opportunities unfolding<br />

around you – reach out and test<br />

them, that’s what leads to successful<br />

breakthroughs.<br />

Do you find having your own business<br />

is more rewarding than a more<br />

traditional career path?<br />

Absolutely, I have been very lucky<br />

to have experienced both sides of the<br />

fence. Working in a traditional business<br />

is not appealing to me. However I can’t<br />

say that will never happen, who knows<br />

what the future holds.<br />

Lightning round<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Android or iOS/Apple? Apple<br />

Twitter or Facebook? Facebook<br />

White Board or Post-it? Post-it<br />

Cats or Dogs? Dogs<br />

What picks you up when you<br />

feel low? Singing, whilst playing<br />

the guitar<br />

What is your favourite aspect of being<br />

a social entrepreneur?<br />

Really seeing and feeling the impact<br />

of what we’ve been doing. Seeing the<br />

reactions to our products and brand<br />

at pop-up shops, festivals, boutique<br />

stands is really rewarding. Knowing<br />

the process it’s gone through and the<br />

people it’s supporting.<br />

What attributes do you think are most<br />

important for a person to succeed<br />

in starting their own business? Can<br />

anyone start their own business?<br />

Passion – you’ve got to eat, sleep and<br />

drink your start-up. The desire has<br />

to be there for you to put your heart<br />

and soul into making it a success.<br />

Otherwise there’s no point getting<br />

started, because it’s your rocket fuel.<br />

It’s the fuel to keep you going through<br />

all the rejection, naysayers and long<br />

days. Coupled with visions and<br />

determination, you’ve enough to make<br />

it happen!<br />

How do you find people that truly care<br />

about the core values of Bottletop the<br />

way you do?<br />

I’d love to say it’s been really<br />

organised and systematic, but they’ve<br />

always managed to find us. We<br />

managed to balance the message; we<br />

don’t want to overload them. Being<br />

a social enterprise pays dividends,<br />

people really want to be a part of your<br />

journey and mission.<br />

Networking is a really hot topic at<br />

the moment. Do you think people<br />

over-exaggerate the benefits of a wide<br />

network? What’s your experience<br />

with that?<br />

I’ve never really thought about<br />

networking as such, I’ve just been<br />

passionate about Bottletop and what<br />

we do, and that is conveyed every time<br />

I meet someone new. If someone tells<br />

me to come along to an event, they<br />

may know of a contact who might<br />

be a useful connection for me to have.<br />

I could meet people who share the same<br />

values, goals or objectives as me. If<br />

you’re passionate, they will remember<br />

you, and they’re more likely to connect<br />

you with others who will also be excited<br />

by you – it’s a great way to give/get<br />

advice and make introductions.<br />

1. make it look like you have your act<br />

together.<br />

2. never be afraid to talk to anyone,<br />

confidence is key.<br />

Starting your own business sounds<br />

very exciting, but I’m wondering,<br />

amongst all the stress of launching a<br />

start-up does the excitement last?<br />

Yes! I’m still really excited by it<br />

I think largely because I still feel there<br />

I so much potential – it still feels like<br />

it’s only just the beginning. Maybe<br />

one day when Bottletop is a global,<br />

sustainable, luxury household brand<br />

name, the excitement will be replaced<br />

by different feelings. I think right now<br />

I am still really passionate about it.<br />

What was so exciting about coming<br />

to the SEEFest was the amazing ideas<br />

behind the next big thing, as humans<br />

it’s what we should be doing on the<br />

planet.<br />

Which was more rewarding: making<br />

your start-up a success, or being able<br />

to continue keeping it successful?<br />

It really depends on how you define<br />

success. I don’t think we’ve achieved<br />

the level of success that I have in mind<br />

for Bottletop. I do what I do because<br />

I love it, success is a by-product.<br />

The real success will be when we<br />

have educated hundreds of thousands<br />

of people and helped them into<br />

employment. ■<br />

Interviewer’s profile: Renad Sheraif<br />

is President of the Enactus society<br />

at King’s College London as well<br />

as a mentor for SHINE.<br />

www.enactuskcl.org<br />

@EnactusKCL KCLEnactus<br />

40 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 41


Student social enterprise article<br />

Alumna social enterprise article<br />

REAL BUSINESS ETHICS<br />

– TUNZA AND TUNZA GAMES –<br />

THE RIPPLE EFFECT<br />

– SOCIAL ENTREPRENEURSHIP –<br />

King’s PhD student Richard Milburn is proof that focusing on the ‘enterprise’<br />

element of a ‘social enterprise’ is an essential component of success.<br />

Read how winning <strong>KSEI</strong> prizes developed his idea into a start-up.<br />

An article by King’s alumna Dr Elizabeth Adelodun on a series of events that resulted<br />

in the success of her mentoring organisation that empowers students and professionals within<br />

the scientific, medical and health sectors through knowledge sharing.<br />

I’m a PhD student<br />

studying wildlife<br />

conservation<br />

in warzones.<br />

I wanted to use<br />

my experience<br />

and research to<br />

have an impact<br />

beyond academia, so I’ve co-founded<br />

two social enterprises dedicated<br />

to protecting wildlife.<br />

My aim was to create products<br />

that would enable consumers to use<br />

their day-to-day purchases to support<br />

wildlife conservation, rather than<br />

relying solely on charitable donations.<br />

So I launched Tunza (which means<br />

‘care for’ in Swahili), an ethical<br />

fashion brand with a mission to protect<br />

gorillas in central Africa, and designed<br />

a board game ‘Conservation Crisis’.<br />

I joined forces with fellow King’s<br />

student Kirsty Benham to develop<br />

Tunza through the <strong>KSEI</strong> Lion’s Den<br />

Challenge. The business workshops<br />

offered helped us to identify our<br />

competitors and refine our product<br />

offering and USP, as well as testing<br />

market demand. We attended the<br />

Social Entrepreneurship in Education<br />

Festival (SEEFest) at King’s to learn<br />

more about social enterprise and were<br />

quite literally picked out of a hat to<br />

win mentoring from Cameron Saul,<br />

founder of Bottletop (Read King’s<br />

King’s provides the support needed<br />

to develop and launch companies<br />

that can help change the world<br />

alumnus, Cameron Saul’s interview<br />

on page 40-41). His experience in the<br />

ethical fashion sector was fantastic<br />

and his advice on how best to launch<br />

with minimal start-up capital and still<br />

achieve significant ethical impact was<br />

crucial to launching our brand.<br />

We adapted our plan after his<br />

meeting and then received more<br />

mentoring to develop the commercial<br />

viability of the company (the most<br />

crucial aspect, and something often<br />

overlooked by social enterprises) from<br />

two Lion’s Den Challenge business<br />

mentors; King’s Professor Mischa<br />

Dohler (full-time Professor in Wireless<br />

Communications at King’s) and<br />

Henry Chuks (King’s College London<br />

alumnus and Lion’s Den Challenge<br />

business mentor).<br />

While developing the fashion<br />

brand, myself and my co-founder, Ed<br />

Gilhead, a friend from outside King’s,<br />

won a Social Enterprise Award (from<br />

<strong>KSEI</strong> in partnership with UnLtd)<br />

of £1,620 to launch a second social<br />

enterprise, Tunza Games, to develop<br />

‘Conservation Crisis’. With that<br />

money we finished our prototype and<br />

launched our website, in preparation to<br />

launch our Kickstarter crowdfunding<br />

campaign in November.<br />

Three things I have learned<br />

in the last 12 months:<br />

1. Founding a social enterprise is<br />

great, but being ethical is not a<br />

guarantee of success in business.<br />

2. For a social enterprise to succeed,<br />

it needs a strong business model<br />

and product offering.<br />

3. King’s provides the support needed<br />

to develop this and to launch<br />

companies that can help change<br />

the world. ■<br />

www.tunzagorilla.com<br />

@tunzagorilla<br />

tunzagorilla<br />

www.tunzagames.com<br />

@tunzagames<br />

tunzagames<br />

As the founder of MindTorch<br />

(mindtorch.org) I’ve learnt more<br />

lessons in the last two years than the<br />

last two decades of my life – because<br />

one woman, Kiki Maurey, MBA,<br />

OBE started a ripple effect with me<br />

as a mentor/coach.<br />

However, the awareness and<br />

support I received from the King’s<br />

Student Entrepreneurship Institute<br />

is invaluable, and their impact on<br />

MindTorch is evident based on<br />

our achievements. Through the<br />

Enterprise Connect series, Lion’s Den<br />

Challenge workshops & start-up idea<br />

competition and support in the form<br />

of Social Enterprise Award (from<br />

<strong>KSEI</strong> in partnership with UnLtd),<br />

we’ve been able to lay the building<br />

blocks required to achieve our<br />

vision – to foster collaboration<br />

and find healthcare solutions for<br />

patient problems.<br />

People say that entrepreneurs are<br />

formed by a combination of these<br />

qualities: passion, profession, interests,<br />

keen observation and environmental<br />

influence. Nevertheless, I did not<br />

know I was ‘qualified’ to be an<br />

entrepreneur because I was on a<br />

different path as a neuroscientist;<br />

or so I thought. This changed when<br />

I was faced with a problem I was<br />

eager to solve – to help my colleagues<br />

with a service I wish I had as a student<br />

(and that Professor Susan Standring,<br />

Editor-in-Chief, Gray’s Anatomy,<br />

wishes she had 50 years ago!).<br />

After months of meeting, coaching,<br />

learning and listening – we are<br />

amazed by the feedback from our<br />

students; they have surpassed our<br />

expectations to continue the ripple<br />

effect Kiki started with me!<br />

Upon reflection, as a social<br />

entrepreneur, I have learnt four<br />

main lessons:<br />

• To confidently ask for help;<br />

people will rise up to help when<br />

you just ask.<br />

• To grow – leave your comfort<br />

zone, solve a problem and enjoy<br />

the ride!<br />

• Setbacks are an essential route<br />

to success! I learn from them and<br />

move on.<br />

• I keep the bigger picture in mind;<br />

and collaborate to innovate!<br />

On a final note, to budding social<br />

entrepreneurs – ‘move and the way<br />

will open’. ■<br />

Speed mentoring session run by MindTorch<br />

at the Social Entrepreneurship in Education<br />

Festival (SEEFest), 2014.<br />

Article written by Dr Elizabeth<br />

Adelodun, founder of MindTorch.org;<br />

the match.com for doctors, scientists<br />

and pharmaceutical experts. ■<br />

www.mindtorch.org<br />

@MindTorch mindtorch<br />

42 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 43


Enterprise Connect alumnus Q&A<br />

Enterprise Connect alumnus Q&A<br />

Recent King’s graduate Sharan Soni interviews Nick Robertson,<br />

founder of ASOS. The former CEO of the popular online retail store shares<br />

What inspired you to be an<br />

entrepreneur? Are there other<br />

entrepreneurs in your family?<br />

I have always been creative and<br />

I have worked in creative businesses for<br />

a number of years. In that role I heard<br />

of the nascent internet and saw an<br />

opportunity to develop a business<br />

selling what the stars wore, but much<br />

cheaper. The internet was a brilliant<br />

new channel to market with<br />

considerably lower costs… you didn’t<br />

need to have shops to sell your product.<br />

I come from a family of retailers<br />

with my great grandfather the founder<br />

of Austin Reed, so I suppose that part<br />

is in the blood!<br />

How did you start out? Was it due<br />

to disliking a previous job or did you<br />

just wake up in the morning with an<br />

idea and go for it?<br />

I borrowed money from my brother and<br />

started the business in a small lock up<br />

Focus on<br />

NICK ROBERTSON<br />

his entrepreneurial experiences and learnings.<br />

selling anything I could through a very<br />

basic and slow website, and posting<br />

it through the mail to customers…<br />

you would never buy anything from<br />

something like that today.<br />

Don’t try to do it all<br />

yourself, there will be others<br />

with more expertise than you –<br />

talk with them<br />

What are some of the biggest mistakes<br />

you made when starting out?<br />

In the early days not realising that<br />

cash was king, and supply chain<br />

management in order to meet demand.<br />

Were there times when starting out<br />

where you just wanted to give up?<br />

I was in pursuit of a dream and knew<br />

the internet was the next big thing in<br />

retail. As I say it is the most amazing<br />

delivery channel. It was hard<br />

sometimes, but I always had support<br />

from my colleagues and business<br />

associates that drove me on.<br />

How important were networks when<br />

growing your company? Do you still<br />

work with some of those people today?<br />

Important. As a marketing executive<br />

I had that drummed into me. It was an<br />

important life lesson that has provided<br />

many an opportunity over the years.<br />

While scaling your business what<br />

were the main hurdles you faced?<br />

Logistics and order fulfilment.<br />

I have always believed that our<br />

customer service is key and our<br />

customer proposition had to be<br />

the fastest. Delivery was the main<br />

hurdle and we still invest heavily<br />

in both those aspects today.<br />

Additionally, the fire at Buncefield<br />

in 2006 was nearly a crippling blow<br />

for the company, but with dedication<br />

and fast thinking we were up and<br />

running again pretty quickly. We<br />

also had a fire at our huge Barnsley<br />

logistics warehouse on a Friday night<br />

in 2014, but we were able to utilise<br />

the learnings from 2006 and were back<br />

in business by Sunday night! It is a<br />

credit to the teams involved that we<br />

came through both of these situations<br />

with flying colours.<br />

When you started your business<br />

what were the main attributes you<br />

looked for when hiring people?<br />

Have these changed?<br />

Driven creative thinkers with loads of<br />

energy, people who are internet savvy,<br />

people that can communicate well and<br />

Lightning round<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Android or iOS/Apple? Apple<br />

Twitter or Facebook? Twitter<br />

White Board or Post-it?<br />

White board<br />

Cats or dogs? Dogs<br />

What picks you up when you feel<br />

low? My kids<br />

those that understand the ethos and<br />

vision of what we are trying to do<br />

together. Those qualities remain today<br />

as part of the hiring process<br />

What are the three best pieces of advice<br />

you can give entrepreneurs who are<br />

just starting out?<br />

1. If you have a dream don’t give up.<br />

2. There is always a solution.<br />

3. Don’t try to do it all yourself, there<br />

will be others with more expertise than<br />

you – talk with them<br />

My girlfriend spends more time on Asos<br />

than with me, how do I stop this?<br />

Why would I want to advise her how<br />

to do that… she obviously has great<br />

taste and loves fashion! ■<br />

Interviewer’s profile: Sharan Soni<br />

is the co-founder and Chief Waffle<br />

Officer at Waffle. He is a King’s<br />

College London Business Management<br />

graduate, class of 2015.<br />

Sharan is part of the current<br />

cohort in the King’s Pop-Up Incubator,<br />

he is planning on using this facility<br />

to grow and develop his start-up<br />

using the £150,000 investment<br />

he has recently raised.<br />

www.waffleapp.co<br />

@waffle_app<br />

waffleapp<br />

Imagery from the ASOS AW15 Collections<br />

44<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 45


Entrepreneur Q&A<br />

Alumnus Q&A<br />

Focus on<br />

SIR DAVID TANG<br />

SHARAN SONI:<br />

Co-founder of Waffle<br />

King’s alumnus Michael Truong interviews legendary Sir David Tang, founder of Shanghai Tang,<br />

China Clubs & China Tang Restaurant. The current King’s incubatee asks the King’s<br />

alumnus about how he turned into a successful business tycoon.<br />

What was the most difficult choice you<br />

had to make when deciding to start-up?<br />

To pretend that I had all the capital<br />

I needed.<br />

What was the biggest sacrifice you<br />

had to make?<br />

Spending a lot of time researching<br />

the background of companies and<br />

people that I was going to meet.<br />

As an entrepreneur, do you think<br />

you can really keep your work<br />

and life separate? How do you deal<br />

with scenarios where your business<br />

crosses into your personal life?<br />

One should only do business<br />

lunch, but never business dinner.<br />

Which of your mistakes have<br />

led to a successful outcome?<br />

To approve bad merchandising<br />

which eventually sells.<br />

Lightning round<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Your top tip for business success?<br />

Buy low, sell high. And no matter<br />

what, always sell.<br />

What three things couldn’t you live<br />

without? My dog, my dog, and<br />

my dog.<br />

What was the last book you read?<br />

The Scramble for Africa<br />

by Thomas Pakenham.<br />

What is your favourite way to<br />

relax? Doing the Times crossword.<br />

If you ruled the country what is the<br />

one thing you’d change? To allow<br />

smoking everywhere.<br />

What was the last TV show you<br />

watched? A BBC documentary<br />

Are Our Kids Tough Enough?<br />

Chinese School.<br />

What did you want to be when you<br />

were 10 years old? A bus driver.<br />

Which ones led to failures?<br />

To approve merchandising that<br />

does not sell.<br />

If you could start your company again,<br />

which mistake would you make again?<br />

I am sure I will make the same<br />

mistakes, like everybody else.<br />

How much of your entrepreneurial<br />

journey has been you following in<br />

your role model’s footsteps, and how<br />

much are you figuring out on your own?<br />

Of course I try to figure out everything<br />

on my own. But it is so important<br />

to do the necessary homework for<br />

a proper assessment.<br />

How do you measure success?<br />

Excellent and rising sales.<br />

How do you measure failure?<br />

Bad and decreasing sales.<br />

What is your biggest source of<br />

motivation?<br />

The sound of the credit card machine. ■<br />

Interviewer’s profile: Michael Truong<br />

is the Managing Director at ARTechs, an<br />

augmented reality business he founded<br />

less than a year ago. Michael graduated<br />

from King’s College London in 2014<br />

after completing his PhD in Imaging<br />

Sciences & Biomedical Engineering.<br />

Michael has been a resident in the King’s<br />

Incubator since March 2015, where<br />

he has had the opportunity to develop<br />

his start-up and grow his team by five.<br />

www.artechs.co.uk<br />

ARTechs artechs_uk<br />

artechs<br />

PROFILE<br />

Job title: Co-founder and<br />

Chief Waffle Officer of Waffle<br />

Age: 22<br />

How old were you when you<br />

launched Waffle? 21<br />

What did you study at King’s College<br />

London? Business Management<br />

Graduated: 2015<br />

Campus: Waterloo<br />

LIGHTNING ROUND<br />

Now this is the lightning round:<br />

all you need to do is give the first<br />

answer that comes to mind!<br />

Android or iOS/Apple? iOS<br />

Twitter or Facebook? Facebook<br />

Starter or dessert?<br />

Dessert<br />

Home cooked food<br />

or take away? Take away<br />

Night in or night out? Night out<br />

Gym or gin? Gym and gin<br />

Where and when was your<br />

last holiday? Ibiza, July 2015<br />

Lazy Sundays or active<br />

weekends? Active weekends<br />

Cats or dogs? Dogs<br />

Winter or summer?<br />

Summer<br />

Risk or regret? Risk<br />

Let’s start with a little background<br />

information on Sharan Soni –<br />

What did you study at King’s and<br />

how did you find your experience here?<br />

I studied Business Management.<br />

It’s amazing how entrepreneurial the<br />

university has become since I began.<br />

This really helped to compound the<br />

business fundamentals I learned on<br />

the course.<br />

Tell us a bit about Waffle; what is it and<br />

how did you come up with the idea?<br />

Waffle is an app that allows you to<br />

connect with people at your favourite<br />

events and follow the livestream<br />

without even having to be there. We<br />

created the app because connecting at<br />

events is a pain in the ass! We wanted<br />

a simple way to connect with other<br />

interesting people at events and spark<br />

conversations.<br />

Can you give us some of the early<br />

history of Waffle and how it has evolved<br />

during your time at King’s? Since<br />

I’ve been at King’s it has gone from an<br />

idea to designs, funding and a product.<br />

The only thing left is to publicly<br />

launch it.<br />

What were the main challenges you<br />

faced early on in your start-up<br />

journey? And do you still encounter<br />

them to this day? Having to rebuild the<br />

product multiple times because of<br />

disjointed product development.<br />

It’s a constant challenge, but it has<br />

definitely got easier.<br />

How much funding have you received<br />

to date and where did it come from?<br />

We have raised £150,000 from<br />

private investors and £5,000 from<br />

a Smart Grant.<br />

What is the best advice you have ever<br />

been given? Done is better than perfect.<br />

Can you share some of the biggest<br />

lessons you have learned so far as an<br />

entrepreneur? By and large the idea<br />

is important but it’s the team, the<br />

collective drive and vision, that fuels<br />

the start-up. Without a solid team you<br />

can forget the rest.<br />

What is your favourite aspect of being<br />

an entrepreneur? Creating and being<br />

part of something bigger that is going<br />

to make a difference. Also working<br />

my own hours is not so bad. ;)<br />

How do you keep your business focus<br />

– do you have any suggestions for<br />

entrepreneurs who are experiencing<br />

challenging times? Taking a break<br />

every once in a while helps to give<br />

a fresh perspective on the business,<br />

especially when stuck in a rut.<br />

What three pieces of advice would<br />

you give to King’s students who<br />

want to become entrepreneurs?<br />

Start now. Don’t put it off. Focus<br />

on your product and speed to market,<br />

even with a lo-fi prototype. Reach<br />

out to your network for feedback<br />

early and often.<br />

Can you give us an ‘Exclusive’ on<br />

Waffle’s plans for the next 12 months?<br />

We’re making Waffle publicly<br />

available very soon, going cross<br />

platform and beginning partnering<br />

with event providers in the tech and<br />

music scenes. ■<br />

www.waffleapp.co<br />

@waffle_app<br />

waffleapp<br />

46<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 47


Alumnus Q&A<br />

Alumnus Q&A<br />

Robin, could you share your background<br />

with us? What did you study at King’s<br />

and how did find your experience here?<br />

I started my career at King’s College<br />

London under the tutelage of<br />

Professor Mark Peakman within the<br />

Division of Immunology, Infection and<br />

Inflammatory Diseases (DIIID), where<br />

I researched how the immune system<br />

of Type 1 diabetes patients destroys<br />

their own insulin-producing beta cells.<br />

Diabetes UK funded my PhD work,<br />

and it was a very enjoyable period of my<br />

life, during which I made lifelong friends<br />

and developed an indispensable skill set.<br />

Tell us a bit about IN-PART; what is it<br />

and how did you come up with the idea?<br />

IN-PART was developed to aid the<br />

translation of academic research into<br />

usable technologies or therapies, and<br />

to enhance the level of universityindustry<br />

collaboration. It came about<br />

when speaking with a close friend<br />

about a disconnect we’d both<br />

experienced, between those in<br />

industry looking to interact with<br />

university research, and technology<br />

and new research in universities<br />

seeking partners for commercialisation.<br />

To address this problem we planned<br />

to develop a centralised platform for<br />

university opportunities seeking<br />

commercial or collaborative partners.<br />

From this platform we would use<br />

promotional streams to engage an<br />

audience from industry seeking new<br />

and innovative university technology.<br />

In collaboration with a close friend<br />

ROBIN KNIGHT<br />

Director and co-founder of IN-PART<br />

PROFILE<br />

Age: 29<br />

How old were you when you launched IN-PART? 27<br />

What did you study at Kings College? Immunology PhD<br />

Graduated: 2013<br />

Campus: Guy’s<br />

As part of the first cohort, Robin shows<br />

what the King’s Incubator has allowed<br />

IN-PART to achieve.<br />

(Patrick Speedie) with a background<br />

in legal publishing we co-founded<br />

IN-PART, and set about writing a<br />

business plan. After receiving a small<br />

grant, we were able to build a basic<br />

first iteration of our web-platform.<br />

The majority of our preliminary<br />

meetings for IN-PART took place<br />

in a local pub at London Bridge.<br />

Not only was this perfectly situated<br />

for me at Guy’s Hospital, but also my<br />

co-founder based in offices at Borough<br />

Market. Many a great idea has come<br />

from a pub, and on looking at our<br />

musings the day after each evening,<br />

we still thought them great and<br />

worthwhile to follow-up and develop.<br />

Within the first build of IN-PART<br />

(using the grant we acquired) we<br />

incorporated several core ideologies<br />

which have evolved and been built<br />

upon since. Specifically these<br />

included: only permitting access to<br />

relevant individuals within companies,<br />

and our own pro-active ethos when it<br />

came to stimulating interest from the<br />

audience we were building.<br />

For this first iteration of our platform<br />

we worked with six UK university<br />

technology transfer offices, alongside<br />

executives from roughly 30 R&Dfocused<br />

companies. We ran this<br />

business pilot (or ‘minimum viable<br />

product’, as some might term it) for<br />

two months, during which time we<br />

found collaborative contacts for 25%<br />

of the technology we’d been provided<br />

by our university partners.<br />

Subsequent to this success we<br />

pitched for investment at Venture Fest<br />

(York) in February 2013, and there<br />

found a suitable business angel investor<br />

with a very complementary background<br />

for aiding our business growth.<br />

Following receipt of investment in<br />

September 2013, we launched our next<br />

version of IN-PART in late January<br />

2014. Since our launch, our university<br />

clients have grown to 37, and we now<br />

work with universities across three<br />

continents, alongside executives from<br />

over 350 companies worldwide.<br />

What has your start-up journey been like<br />

and how has King’s impacted IN-PART’s<br />

evolution? Prior to IN-PART I had<br />

worked on another start-up business<br />

during my time as a PhD student at<br />

King’s. With a close colleague and<br />

another friend we’d both met during<br />

a conference we set about creating<br />

a platform for student engagement<br />

and research collaboration. It was this<br />

process, and our application to the<br />

King’s Lion’s Den Challenge that<br />

spurred an interest in following a<br />

business idea through to completion.<br />

Obviously in this first instance the<br />

business never came to fruition, but<br />

with the knowledge and experience<br />

gained through this process, it made<br />

the creation of IN-PART possible.<br />

King’s has also helped with IN-<br />

PART’s growth by providing us with<br />

incubator space at Guy’s campus.<br />

This has enabled us to expand the<br />

London team, and given us an HQ at<br />

an SE1 address. Within the incubator<br />

we’re able to interact with other<br />

King’s start-up businesses, which<br />

makes for a very productive and<br />

enjoyable environment. This office<br />

space is providing our business with<br />

a launch pad for our London location,<br />

and we value it highly.<br />

What’s the biggest lesson you have<br />

learned so far as an entrepreneur?<br />

I can’t claim to have that much<br />

experience relative to those who have<br />

started multiple businesses, but I would<br />

say that this journey was only possible<br />

with my co-founder. I would<br />

recommend to those thinking about<br />

beginning a business that they should<br />

do so in collaboration with a business<br />

partner they trust and can get along<br />

with in a perpetually close environment<br />

where communication is key.<br />

What advice would you give to students<br />

who are held back by fear of failure?<br />

It’s tricky to determine when<br />

‘the right time’ is, however if you’re<br />

currently a student I can think<br />

of no moment better; where your<br />

responsibilities are likely at their lowest,<br />

yet your enthusiasm and ability to make<br />

something work is at its highest.<br />

Personally I would recommend<br />

making your educational pursuits<br />

a priority, as that experience can be<br />

leveraged for use in business creation,<br />

as well as providing a safety net should<br />

things not work out. In whatever spare<br />

hours you have between gaining a<br />

degree, masters or PhD, work on<br />

business ideas, and use your weekends<br />

and holiday to build on them further.<br />

If you were to launch a project like<br />

IN-PART again, is there anything in<br />

particular that you would do differently?<br />

The one thing that did set us back was<br />

development timescales for our online<br />

platform. In another life we would<br />

have worked harder to manage this<br />

starting process, enabling us to get<br />

things up and running quicker.<br />

Do you think that you are born with<br />

entrepreneurial traits? (Nature/<br />

nurture) The best response I’ve heard<br />

to this question that I agree with is a<br />

comparison to teaching music. The<br />

person being taught has to want to<br />

learn in order to be successful.<br />

I believe the same applies to teaching<br />

‘entrepreneurship’ (which seems a<br />

LIGHTNING ROUND<br />

Now this is the lightning round:<br />

all you need to do is give the<br />

first answer that comes to mind!<br />

Android or iOS/Apple? Apple<br />

Twitter or Facebook? Twitter<br />

Starter or dessert? Starter<br />

Home cooked food or take away?<br />

Home-cooked<br />

Night in or night<br />

out? Both<br />

Gym or gin? Both<br />

Where and when was your<br />

last holiday? Jordan<br />

Lazy Sundays or<br />

active weekends? Active<br />

Saturday, Lazy Sunday<br />

Cats or dogs? Dogs...<br />

specifically a pug<br />

Winter or summer?<br />

Summer<br />

Risk or regret?<br />

Risk<br />

Robin speaking at an Enterprise<br />

Connect event: ‘An Evening On Student<br />

Entrepreneurship At King’s’.<br />

contradiction in terms), the person<br />

being taught has to have a drive to<br />

want to set out on their own and<br />

to not be risk-adverse.<br />

What advice would you give to a young<br />

entrepreneur looking for a business<br />

partner? Look to your friends and<br />

those you trust. Try not to get<br />

involved with anyone too cynical,<br />

but those who maintain just the right<br />

amount of useful critical questioning.<br />

How do you motivate yourself<br />

and inspire your team? So long as your<br />

company is helping the communities<br />

you’re looking to work with, and<br />

you’re providing a valued service,<br />

motivation will come from your<br />

successes and building your business.<br />

Which <strong>KSEI</strong>-led programmes would<br />

you recommend to young entrepreneurs<br />

who are unsure about launching a<br />

start-up? I’d recommend taking part<br />

in King’s Lion’s Den Challenge, purely<br />

for the exercise of making a business<br />

plan, and talking through potential<br />

pitfalls that you’ll no doubt encounter<br />

when starting any future business.<br />

What do you have planned for IN-PART<br />

over the 12 months? We’re currently<br />

running a trial with several US<br />

universities, and as well as expansion<br />

into the US, we’re also planning to<br />

further relationships with several<br />

Japanese universities we’re currently<br />

in dialogue with. ■<br />

www.in-part.com<br />

@IN_PART<br />

48 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 49


Graduate app article<br />

Graduate app article<br />

DAVID VS GOLIATH:<br />

– UNDERESTIMATE ME… I’M A CONFIDENT COMPETITOR –<br />

For every billion-dollar idea there are a billion challenges to overcome and no guarantee<br />

of success. Some take a chance, while others remain dreamers.<br />

Two years ago in the US, a brand<br />

new app named Tinder was about to<br />

bring disruption to the online dating<br />

industry. At the same time, in the UK,<br />

a similar idea had taken shape in my<br />

mind: Wango (short for “Wanna<br />

go...”). Today, Tinder is the leader<br />

of the growing dating app market<br />

with its $3 billion valuation and over<br />

50 million users worldwide. Wango,<br />

on the other hand, has reached its first<br />

1,000 organic users in less than two<br />

months since its launch earlier this<br />

year. I was completing my final year at<br />

King’s whilst working on my start-up<br />

‘Wango’ with my brother.<br />

What is Wango?<br />

Wango is the first all-in-one social<br />

discovery app, specially crafted to<br />

meet everyone’s needs. You can match<br />

with interesting people around you or<br />

even better, if you are going to an<br />

event, you can match with someone<br />

attending this same event – before it<br />

even starts, then meet at the event!<br />

Also, to avoid the classic “What are<br />

you doing in your life?” Wango offers<br />

you its unique ‘two truths one lie’<br />

icebreaker, helping you start engaging<br />

conversations while having fun. And<br />

when you want to meet up, no need to<br />

worry about scheduling, the app does<br />

it all for you based on your respective<br />

locations making sure it’s always<br />

convenient for everyone.<br />

Initially, it all started with this<br />

one simple question: Shall I do it?<br />

In our everyday lives, several<br />

solutions come to mind for the various<br />

problems that we encounter. However<br />

not every ‘problem-based solution’<br />

will be a commercially viable business.<br />

The important thing to consider is the<br />

potential market. Dating, housing, the<br />

food industry, etc. are what we call<br />

evergreens as the demand, while<br />

global, will never cease. So before<br />

thinking of creating a start-up, the<br />

first question is: am I the only one<br />

this idea/solution would help or<br />

am I meeting the (potential) needs<br />

of enough people to whom I could<br />

market my product in the future?<br />

Not every ‘problem-based<br />

solution’ will be a commercially<br />

viable business. The important<br />

thing to consider is the<br />

potential market.<br />

Two years ago when I had the<br />

idea for this dating app, I thought<br />

I was the only one as I had never<br />

heard of anything like it before…<br />

clearly I was wrong. As mentioned<br />

previously, Tinder, inspired by the<br />

gay dating app Grindr as well as some<br />

other apps, was already in the race<br />

for the upcoming dating industry<br />

revolution. Therefore, I wasn’t the<br />

only one and many were really further<br />

ahead than me.<br />

As the saying goes ‘all good<br />

things come to those who<br />

wait’. With Wango, I took<br />

my time experimenting,<br />

researching the market<br />

and listening to users’<br />

feedback. I followed the<br />

evolution of the dating app<br />

market very closely and<br />

by the time we started<br />

the actual development<br />

of the app, the market was<br />

already saturated but this<br />

did not deter me from<br />

giving up on what<br />

I believed was a great product.<br />

I have always been motivated to be<br />

one step ahead of the competition,<br />

by anticipating the market’s evolution<br />

and I believe this allowed me to give<br />

Wango a competitive advantage.<br />

After two years of blood, sweat<br />

and tears, Wango was launched<br />

earlier this year. While the backing<br />

of my family and friends was very<br />

important, I was glad I could count on<br />

Kings College London for support.<br />

The King’s Student Entrepreneurship<br />

Institute has introduced me to some<br />

very valuable people that proved<br />

to be great connections. Events like<br />

Enterprise Connect include features<br />

such as the ‘King’s Start-Up Junction’,<br />

at which I was offered a stand. It gave<br />

me an opportunity to showcase the<br />

app during its development stages,<br />

while connecting with fellow student<br />

entrepreneurs.<br />

Where are we now?<br />

Wango is live and kicking, with a<br />

growing consumer base. While it<br />

has been a long journey strewn with<br />

pitfalls, there is still a long way to go<br />

in this red ocean market.<br />

On a final note, these are a few tips<br />

for anyone who would like to become<br />

an entrepreneur:<br />

• The life of an entrepreneur is<br />

made of a billion problems but<br />

successful entrepreneurs will always<br />

have two billion solutions – success<br />

is in identifying the right solution<br />

to run with.<br />

• Building the right team is a long yet<br />

essential and rewarding process.<br />

I have always been motivated to be<br />

one step ahead of the competition, by<br />

anticipating the market’s evolution<br />

and I believe this allowed me to give<br />

Wango a competitive advantage.<br />

• One does not need to possess all the<br />

relevant skills to start a business;<br />

learning, discovering and making<br />

mistakes is part of the journey.<br />

• Create your own identity – use<br />

portmanteau words like Wango<br />

and WhatsApp, or ones that are<br />

unrelated to your idea like Apple and<br />

Blackberry. These are the safest ones<br />

in terms of trademarks registration.<br />

• No two journeys are alike, but<br />

most of the challenges tend to<br />

be similar. ■<br />

Written by Julian Smida, King’s<br />

Computer Science & Management<br />

graduate and former member of KCLBC<br />

and KCL Tech society.<br />

50 <strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 51


Alumnus Q&A<br />

Alumnus Q&A<br />

Chris, let’s start with a little background<br />

information on you – what did you<br />

study at King’s and how did you find<br />

your experience here? I studied music<br />

at King’s College London from<br />

2000–3. It was a great experience; the<br />

King’s music course sets you up for life<br />

in the music business incredibly well.<br />

As they allow you take specialist parts<br />

of the course at the Royal Academy of<br />

Music and SOAS, it’s a really rounded<br />

course. You come out very well<br />

prepared for today’s music business.<br />

Tell us a bit about what3words; what<br />

is it and how did you come up with the<br />

idea? I set up a music business which<br />

I ran for 10 years immediately<br />

post-King’s. We booked live<br />

music for private and<br />

corporate events around<br />

the world, for which<br />

organising the production<br />

suppliers was a big part.<br />

However, circulating an<br />

address and hoping everyone<br />

arrived on time (they didn’t)<br />

became the bane of my life.<br />

I realised that around the<br />

world, addresses aren’t<br />

very accurate, a lot of streets<br />

either have no numbers or<br />

numbering that doesn’t work,<br />

or in a lot of cases buildings<br />

have no address at all. We<br />

tried using GPS co-ordinates<br />

instead of addresses, but they<br />

were just too complex and error prone.<br />

I saw an opportunity to create an<br />

CHRIS SHELDRICK:<br />

Co-founder of what3words<br />

PROFILE<br />

Age: 34<br />

How old were you when you launched what3words? 31<br />

What did you study at King’s College London? Music<br />

Graduated: 2003<br />

Campus: Strand<br />

address system as accurate as<br />

coordinates, but utterly simple to use.<br />

So we divided the world into 57 trillion<br />

3m x 3m squares, and labelled each<br />

square with a sequence of 3 words from<br />

the dictionary via a mathematical<br />

algorithm. Now, referring to any spot<br />

in the world is as easy as saying ‘table.<br />

lamp.spoon’ – that’s it.<br />

What were the main challenges you<br />

faced early on in your venture? And do<br />

you still encounter them to this day?<br />

In the early days it was getting people<br />

to believe that just a few of us, from<br />

outside the geo industry, could really<br />

make this entirely new system into a<br />

global standard. A lot of<br />

people would take a<br />

look and then say they<br />

would use it again when<br />

their friends/colleagues<br />

did. We learned that<br />

when you offer<br />

a new way of doing<br />

something, getting the<br />

right people to be your<br />

advocates is key. There<br />

are some very<br />

independent thinkers<br />

out there who see a<br />

new system, like it,<br />

and are confident<br />

enough to both use it<br />

and spread the word<br />

when it’s still<br />

relatively new. These<br />

thinkers in our case have been<br />

consumers, businesses, apps and even<br />

governments, and driven the adoption<br />

through our early ecosystems around<br />

the world. Now we have such a<br />

compelling range of users across the<br />

world (in 170 countries) using it in so<br />

many ways that we no longer have the<br />

inertia problem, and that’s a great place<br />

to now be.<br />

Do you have any suggestions for coping<br />

with set-backs, negative experiences?<br />

First of all checking if there is a<br />

genuine problem or if it’s just a blip.<br />

I think in the early days little things<br />

can feel bigger than they are. And<br />

when there are issues, just going into<br />

problem-solving mode with as many<br />

heads who think differently to you<br />

around the table as possible. I love<br />

that our team has so many different<br />

ways of looking at the same thing. It’s<br />

surprising how often we get together<br />

and somebody says ‘this bad thing has<br />

happened’, and someone else says ‘no<br />

that’s a good thing’. I believe set-backs<br />

are in the eye of the beholder.<br />

If you could go back in a time<br />

machine to the time when you were<br />

just getting started with what3words,<br />

what would you do differently?<br />

Focusing on the ‘why’ is something<br />

we didn’t do enough at the beginning.<br />

When you make a new product,<br />

you spend much longer making the<br />

product than you spent thinking why<br />

it’s needed. It can be very easy when<br />

you launch to make all your marketing<br />

messages around your product and<br />

features which are fresh in your<br />

mind from the build, and overlook<br />

the necessity to explain why people<br />

need your product in their lives,<br />

which to you as a founder just seems<br />

obvious by this stage. People ask what<br />

I do and I now start by explaining<br />

how many people in the world live<br />

without an address and how that<br />

adversely affects their lives, before<br />

I get into any detail on how our system<br />

works. We’re consistent with this<br />

approach however people come<br />

across what3words.<br />

Do you think that you are born<br />

with entrepreneurial traits? Or<br />

is it something that can be learned?<br />

(Nature/nurture) A lot for me was<br />

nurture in terms of the motivation to<br />

turn ideas into reality. But I think there<br />

are some accompanying personality<br />

traits I have which I can’t associate<br />

specifically to nurture, so assume they<br />

are nature. I played chess for the first<br />

time in quite a while this week<br />

and I had a thought whilst playing<br />

that my approach to running a business<br />

is a lot like how I play a game of<br />

chess. I haven’t had much nurture in<br />

chess so I think the shared style must<br />

be nature.<br />

If all of your money, websites, contacts<br />

and products were wiped off the face of<br />

the earth tomorrow, what would you do<br />

if you had to start what3words again<br />

from scratch? What model would you<br />

use? What techniques etc? I’m not sure<br />

I would do anything dramatically<br />

differently to how we did it. There are<br />

little things I know now that I didn’t<br />

then, and we could have saved some<br />

time learning various lessons the hard<br />

way, but in general I think we would<br />

do it again largely how we did it then<br />

– we had good people and we worked<br />

fast. An example of this is that we<br />

took on investment steadily throughout<br />

the first two years as opposed to big<br />

amounts too soon or not enough to<br />

grow fast; the same with hiring – we<br />

grew the team steadily, filling the holes<br />

we had as they became apparent, so<br />

that the hiring plan now is more catered<br />

towards what areas of the business we<br />

LIGHTNING ROUND<br />

Now this is the lightning round:<br />

all you need to do is give the<br />

first answer that comes to mind!<br />

Android or iOS/Apple? Android<br />

Twitter or Facebook? Twitter<br />

Starter or dessert? Starter<br />

Home cooked food or take away?<br />

Home cooked<br />

Night in or night<br />

out? Night out<br />

Gym or gin? Gym<br />

Where and when was<br />

your last holiday?<br />

Iceland, January 2015<br />

Lazy Sundays or<br />

active weekends?<br />

Active weekends<br />

Cats or dogs? Dogs<br />

Winter or summer? Winter<br />

Risk or regret?<br />

Risk<br />

want to drive more resources towards<br />

rather than filling holes.<br />

Having said that, the one thing that<br />

springs to mind I would do differently<br />

if we did it again would be to get<br />

more people involved with the manual<br />

review of our English word list, which<br />

was our first language. I manually rated<br />

35,000 words over a five-month period<br />

(we rated 70,000 words overall, so<br />

I did half myself). That’s not a process<br />

I would like to do again, but at the<br />

time it was important to learn<br />

the criteria ourselves so we<br />

could explain it to those who<br />

now do the process in other<br />

languages. My vocabulary<br />

has improved though.<br />

Based on your experiences<br />

with what3words, what<br />

advice would you give to a<br />

young King’s entrepreneur<br />

starting their first<br />

business today?<br />

I’d suggest: multiple co-founders, and<br />

have active shareholders early, it really<br />

helps. My music business was just me<br />

as founder and shareholder for a long<br />

time. Doing more quicker is worth<br />

every bit of the equity you give up.<br />

Hire senior not junior people in<br />

the areas you aren’t so good on in<br />

the founding team. You need to have<br />

faith in them to lead you in those<br />

areas more than the areas where you<br />

have experience.<br />

How you motivate yourself and<br />

inspire your team? We all inspire<br />

each other. what3words is not about<br />

selling, it’s about inspiring. When<br />

people join the team it’s not a case of<br />

training the trainers but inspiring the<br />

inspirers. We’re challenging people to<br />

re-think something that’s traditionally<br />

very rigid and unchallenged – an<br />

address, and aligning them with our<br />

vision. That’s an amazing thing to<br />

get up every day and do, and I’m<br />

pretty sure everyone else loves it as<br />

much as I do.<br />

What are your plans for the future?<br />

To enable each of the world’s four<br />

billion unaddressed people to learn<br />

and use their 3 word address, and<br />

improve the lives of everyone who<br />

struggles due to poor addressing. ■<br />

www.what3words.com<br />

@what3words what3words<br />

52<br />

<strong>KSEI</strong> magazine<br />

53


Graduate networking article<br />

Photo album<br />

NO MAN IS AN ISLAND<br />

– LIVE THE LIFE YOU’VE IMAGINED –<br />

An entrepreneur can either be a visionary, a technical specialist or a manager. Some people try to<br />

be all three. When you relinquish some control to someone who possesses the skills that you lack,<br />

the start-up will start to take shape! King’s MSc student, Huan Song, introduces PixaVida.<br />

ENTREPRENEURS CAPTURED<br />

A sneak peek of some snaps taken at King’s Student<br />

Entrepreneurship Institute events<br />

King’s Commercialisation Institute Director and<br />

KCLIF President talking health and innovation.<br />

King’s students collaborating at <strong>KSEI</strong>’s<br />

‘King of start-ups’ weekender.<br />

Luke Johnson talks about controlling<br />

your future.<br />

A good friend once<br />

gave me a little<br />

desk decoration<br />

that reads, ‘Live<br />

the life you’ve<br />

imagined.’ I love<br />

to travel and have<br />

had the great<br />

fortune of travelling to and living in<br />

many countries. Much of who I am<br />

has been shaped by my travels and<br />

I want travel to stay a fundamental<br />

element of my life.<br />

I chose King’s for my MSc.<br />

in Tourism, Environment and<br />

Development because King’s offers<br />

such a unique programme that<br />

explores the environmental, social,<br />

and economic impacts of tourism.<br />

I learned about the problem of leakage<br />

during some of my course work, where<br />

tourism revenue, instead of funnelling<br />

down to the local community, goes to<br />

big multinational corporations. The life<br />

that I’ve imagined is one where I can<br />

create tangible and direct benefits for<br />

locals who live in these destinations.<br />

Every time I move to a new country<br />

I have learned something new about<br />

myself and about how I can serve the<br />

world. For example, my previous work<br />

in a charity in Washington, D.C. has<br />

taught me that creating sustainable<br />

livelihoods is the key to achieving<br />

a lasting impact in a community.<br />

Moving to the UK has given me<br />

a chance to further expand my<br />

imagination. I never thought that<br />

I would become an entrepreneur<br />

until I attended some events on<br />

entrepreneurship at King’s and around<br />

the city. I was really inspired by<br />

several talks I heard from student<br />

entrepreneurs like Mark Chaffey of<br />

Hackajob, Robin Knight of IN-PART,<br />

and Yee-Mun Thum from Scarlett<br />

Entrepreneurship is essentially<br />

recognising a problem, crafting<br />

a solution, and testing this idea<br />

of Soho at <strong>KSEI</strong>’s Enterprise Connect<br />

events. They helped me to realise<br />

that entrepreneurship is essentially<br />

recognising a problem, crafting<br />

a solution, and testing this idea.<br />

I had the opportunity to network<br />

both online and offline and learn from<br />

entrepreneurs in London’s vibrant<br />

start-up community. I met my Co-<br />

Founder Bao Tieu, through a ‘Startups<br />

in London’ Facebook group. At the<br />

time, Bao was looking for an intern to<br />

help him with setting up a social media<br />

presence and I was looking for some<br />

experience working in a travel start-up<br />

environment. After a few months of<br />

working together, Bao asked me to be<br />

a co-founder. We both recognised<br />

a problem in the way the people travel<br />

today and believe that PixaVida can<br />

be a tool to address this issue.<br />

PixaVida is an online platform<br />

that connects travellers with local<br />

photographers. We advocate for a<br />

slower way of travel in which travellers<br />

can savour their destination, focus on<br />

creating beautiful memories, and not<br />

worry about frantically photographing<br />

every moment. At the same time, we<br />

also create jobs for locals. I have applied<br />

for the King’s Tier One ‘Graduate<br />

Entrepreneur’ Visa (see Page 10 for<br />

information on the Tier 1 Visa). If<br />

endorsed I will be able to test PixaVida<br />

in the world’s most travelled to<br />

destinations, scale our impact, and help<br />

travellers and locals alike to live the<br />

lives they’ve imagined. ■<br />

You can find us on Facebook, Twitter,<br />

and Instagram @PixaVida<br />

Motivated students at Enterprise Connect’s<br />

‘An Evening On Student Entrepreneurship At King’s’.<br />

Richard Milburn making full use of the mentor<br />

Connector Pods at Enterprise Connect.<br />

Dame Stephanie Shirley listens<br />

to students at Q&A sessions.<br />

Who says you can’t laugh on a panel? From left to right: Emi Gal, Dr Ulrich Bez<br />

and Richard Reed.<br />

Sophi Tranchell founder Divine<br />

Chocolate talks about social<br />

entrepreneurship.<br />

Jamal Edwards talking to King’s alumnus<br />

Henry Chuks.<br />

Vice-Principal Research and Innovation at King’s<br />

presents Agostino Stilli with award at the Lion’s Den<br />

Challenge finals 2014–15.<br />

54<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 55


Photo album<br />

Sponsors<br />

The King’s Student Entrepreneurship<br />

Institute are very thankful to the<br />

organisations who have supported the<br />

<strong>KSEI</strong> magazine by way of sponsorship.<br />

King’s alumna Yee-Mun Thum<br />

and founder of Scarlett of Soho<br />

giving advice.<br />

Winners of the Lion’s Den Challenge Start-Up Competition, 2013-14.<br />

Dragons Den Investor Nick Jenkins<br />

speaks at Enterprise Connect.<br />

Enterprise Connect attendees enjoying speaker anecdotes.<br />

Hugh Evans, co-founder of Global<br />

Poverty Project talking about social<br />

enterprise at King’s.<br />

From left to right: Founder Curzon PR<br />

Farzana Baduel, founder Portland<br />

Communications Tim Allan and Kings<br />

alumnus Carl Pihl.<br />

King’s alumnus Ben Drury talking about<br />

entrepreneurship and online business.<br />

Karen Lynch CEO of Belu Water talks<br />

about sustainability.<br />

Founder venture scout, Carsten Koelbek congratulates<br />

King’s students who won the ‘King of start-ups’ weekender.<br />

56<br />

<strong>KSEI</strong> magazine<br />

<strong>KSEI</strong> 2015–16 issue 57


CHANGE IS HAPPENING<br />

WHERE GREAT MINDS MEET!<br />

With three major universities at the core of the Northbank contributing<br />

to a vast pool of skills, this is one of the most dynamic local economies<br />

in London and the opportunities for entrepreneurs are endless.<br />

To enhance the area’s potential within an ever-evolving London the<br />

business community has joined forces to reach a number of goals:<br />

THENORTH<br />

The Northbank encompasses everything that makes London a<br />

global city: great architecture, culture, and hospitality, with a<br />

strong commercial heart. A hub of activity with iconic landmarks<br />

like Trafalgar Square, The Savoy and Somerset House, amid<br />

award-winning parks, river views and unexpected treasures<br />

waiting to be discovered.<br />

A SOCIALLY RESPONSIBLE NORTHBANK<br />

Encouraging local employment and internships, skills-sharing<br />

and small and medium-size enterprise support<br />

CHAMPIONING THE NORTHBANK<br />

Promoting the area’s assets with festivals, cinema and food markets<br />

in treasured open spaces<br />

A SAFER NORTHBANK<br />

Working with the police and partners to create a safer Northbank<br />

CLEANER NORTHBANK<br />

Working with Westminster for a cleaner and more sustainable<br />

Northbank, and championing initiatives for better air quality in<br />

partnership with King’s College<br />

Strand<br />

Fleet Street<br />

Aldwych<br />

Arundel Street<br />

0203 697 9273<br />

info@thenorthbank.london<br />

@TheNorthbankBID<br />

WWW.THENORTHBANK.LONDON<br />

St Martin’s Place<br />

TRAFALGAR<br />

SQUARE<br />

Cockspur Street Northumberland Avenue<br />

William IV Street<br />

CHARING CROSS<br />

Strand<br />

Southampton Street<br />

Savoy Place<br />

Burleigh Street<br />

VICTORIA EMBANKMENT<br />

GARDENS<br />

Strand<br />

Lancaster Place Waterloo Bridge<br />

SOMERSET HOUSE<br />

Victoria Embankment<br />

Proposed Garden Bridge<br />

STUDENTS & STAFF AT<br />

KCL STRAND CAMPUS!<br />

DISCOUNTS ON THE NORTHBANK<br />

Over 70 quality offers in bars,<br />

restaurants and shops<br />

To get your FREE privilege card<br />

and support your local economy, visit:<br />

The Mall<br />

https://thenorthbank.london/privilege-card/order/


The King’s Student Entrepreneurship Institute team are always happy to help and support you.<br />

For all entrepreneurial initiatives and for regular updates please visit the King’s Student<br />

Entrepreneurship Institute website: www.kcl.ac.uk/<strong>KSEI</strong>.<br />

Please see links below for further<br />

information on the projects outlined<br />

with the magazine.<br />

Lion’s Den Challenge:<br />

www.LionsDenChallenge.co.uk<br />

King’s Mini Accelerator Weekend:<br />

www.f6s.com/kingsweekender2015<br />

Tier 1 ‘Graduate Entrepreneur’ Visa:<br />

www.kcl.ac.uk/campuslife/services/<br />

careers/index.aspx<br />

King’s Experience Enterprise Award:<br />

www.kcl.ac.uk/enterprise-award<br />

To find out about activities, opportunities<br />

and helpful information for student<br />

start-ups visit our social media channels –<br />

don’t miss out!<br />

Follow us on Twitter:<br />

@InnovateKings<br />

Like our Facebook page:<br />

/EnterpriseConnectatKCL<br />

Connect with us on LinkedIn:<br />

uk.linkedin.com/in/InnovateKings<br />

Catch up on YouTube:<br />

youtube.com/EnterpriseConnect1<br />

For further information or if you have any questions please email<br />

the <strong>KSEI</strong> team on Innovation@kcl.ac.uk.

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