TechFoundersLondon: Entrepreneurs Anonymous

Entrepreneurs Anonymous pictureI get a lot of event invites and I find it really tricky knowing which ones to go to. Some events are great for creating new business leads, some are good for making new contacts, and some are good for brand building; but I don’t come away from many events with clear ideas or learnings I can implement the same day. Ultimately there aren’t many events where people in the same boat as me – founders of tech businesses – can openly share useful hacks and inside knowledge. So I decided to start my own group – TechFoundersLondon.

The starting members met for the first time recently at the MarketInvoice office and the benefits were clear instantly. Having a forum to talk freely about the challenges of growing a tech business brought out a lot of great insights from hiring tips to inside info on fundraising. It’s kind of a “Entrepreneurs Anonymous” where we get together and chat about what’s keeping us awake at night. Sharing problems and thinking them through together is the first step in eventually solving them.

So far we’re around 25 founders from tech businesses in fashion, fintech, payments, recruitment, reg-tech and marketing among others. Founders of JustPark, DueDil, GoCardless, Arachnys, Grabble, Seed.jobs, SalesGossip, StreetHub, Seenit.io and suade.org, are some that are already involved. Although we’re in different sectors there’s a lot we can learn from each other. We’re all running mission-focused businesses determined to change the world for the better and that means we’re facing a lot of the same challenges.

Hiring is on pretty much everyone’s mind in the London tech scene right now. We’re creating more jobs than we can fill. At MarketInvoice we speak to around 50 candidates every single week, across just our 25 businesses we must be seeing many thousands of people every year, so there’s a lot of information we can share; from simple candidate referrals, to new recruitment concepts and ideas.

Fundraising is high on the agenda of a lot of tech companies in London this year. Our group can help its members with fundraising by making introductions, swapping war stories, and providing a forum for advice on how to get the best deal for your business and what things to watch out for.

Having hosted the first session, I’m excited for what TechFoundersLondon can achieve for our thriving community. So if you’re a tech founder in London, drop me a line and help us grow the group.

We’ll be running the second meeting of the group this week at the DueDil offices on Wednesday morning- don’t miss out.

MarketInvoice and Sage – powering great UK businesses

Sage_logo_bright_white_on_green_FOR_WEBSITEYesterday I was in Newcastle at the large and impressive Sage offices. I was there to celebrate the partnership we announced earlier this week. We’re really excited to be working with the FTSE 100’s only software company to bring alternative finance to the masses.

We know the power of good accounting software, it’s the hub from which small businesses run their finances and raise their invoices, that’s why we make it easy for those businesses to access finance from within their accounts. By working with the UK’s largest supplier of accounting software we can help accelerate the growth of more businesses, making it easier, faster and more transparent than ever before for businesses to get finance.

When you start a new company, especially one with a completely new product like MarketInvoice, the early days are all about getting people to buy into what you’re doing and feel the same passion you do about the product. To be four years down the line and already have the support of major brands like Sage is something the whole team here is really proud of.

We’re looking forward to achieving great things for the UK’s business community together.