#29 - From Furlough to £300k Profit - Business Insights from a Young Entrepreneur of the Year - Harry Kimberley-Bowen

#29 - From Furlough to £300k Profit - Business Insights from a Young Entrepreneur of the Year - Harry Kimberley-Bowen - Co-Founder of Spacebands

Show Notes

In this week’s must-listen episode, we dive into the entrepreneurial journey of Harry Kimberley-Bowen, co-founder of Spacebands and the 2022 Young Entrepreneur of the Year.

From selling sweets in school to funding his final year at university with a sustainable fruit juice business, Harry is a natural entrepreneurial.

When the pandemic hit, Harry and his best friend Ronan acted fast; instead of sitting enjoying the sunshine like everybody else, they launched a social distancing wearable device that quickly became a success, earning ten times his annual salary in just the first year.

Listen as Harry recounts the challenges and successes of starting a business from their spare bedroom, including a hilarious story from their early shipping days. We also explore how Spacebands pivoted from a social-distancing product to a workplace safety device.

Harry shares actionable insights on leveraging LinkedIn Sales Navigator to pitch to Angel investors and negotiating with venture capitalists, even with no prior experience.

This episode is packed with inspiration, practical advice, and stories that every aspiring entrepreneur needs to hear.

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Expect to hear:

03:00 First Entrepreneurial Venture: Frugly

04:45 The Birth of Space Bands

08:30 Rapid Growth and Challenges

13:00 Navigating the Pandemic and Scaling Up

16:20 Expanding Product Features and Market

31:20 Strategies for Attracting Angel Investors

35:40 Transitioning to VC Investment

38:25 Negotiating with VCs

41:20 The Importance of Resilience and Passion