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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.