May 16 Fireside Chat. Global live Summit: From Obstacles to Opportunities and Innovation: How New and Established Entrepreneurs can embrace unshakable resilience and soar to success.
Summary outline of the discussion with Nick, Serial Entrepreneur and Global Leader
Investment banking, sustainable investing, and capital raising strategies.
• Nick 26-year investment banking career spans 13 countries, with a focus on ethical investing.
• Speaker raises $2M in 5-6 weeks for FinTech fund, leveraging personal network and diversity.
• New entrepreneurs should thoroughly understand their business model and market before seeking investment.
Entrepreneurship, investment, and pitching to investors.
• Nick experience in various countries and industries is valuable for entrepreneurs.
• Investors prioritize people over ideas, so it's essential to be authentic and likable.
• Nick emphasizes the importance of passion and storytelling in a pitch, while Steven highlights the need for data-backed information and honesty.
ESG principles for enhancing company resilience.
• Nick emphasizes the importance of ESG in enhancing a company's resilience, highlighting its role in risk management and sustainable operations.
• Nick notes that investors are increasingly prioritizing ESG factors in capital raising, with some impact funds requiring ESG tracking and measurements in place.
• Nick highlights ESG initiatives' operational efficiency benefits, including cost savings and adaptability in changing markets.
• Nick emphasizes the importance of ESG in driving long-term profitability, contradicting the notion that ESG and profit are mutually exclusive.
Global entrepreneurial challenges, including cultural differences, regulatory compliance, and finding government support.
• Nick navigates cultural differences as a global entrepreneur.
• Nick emphasizes the importance of understanding local cultures and regulations when expanding a business internationally.
• Nick encourages entrepreneurs to seek out government programs and resources for support when expanding their business globally.
Diversity and inclusion in business, with a focus on creativity, decision-making, and market understanding.
• Established leaders can leverage local partnerships and innovation to succeed.
• Nick shares personal experiences with diversity and inclusion, highlighting their impact on business decisions and creativity.
• Nick emphasizes the importance of staying true to oneself and values in the face of diversity and inclusion initiatives.
• Diverse teams bring unique perspectives, leading to more innovative solutions and products.
• Companies committed to diversity and inclusion attract top talent and better understand diverse customer bases.
Diversity, inclusion, and ESG in venture capital.
• Nick emphasizes the importance of diversity and inclusion in leadership, citing his own experiences and the value of having diverse perspectives on his board.
• Nick highlights the importance of open-mindedness and learning from others, citing their own experiences with diversity and inclusion in leadership.
• Nick shares personal experience as a VC, highlighting the industry's reputation and the importance of alignment with company values.
• Nick emphasizes the need for value-add capital, rather than just chasing money, to ensure entrepreneurs' success.
Scaling up businesses, emphasizing resilience and resource sharing.
• Entrepreneurs must maintain open communication and stay true to their mission while navigating investor relationships and board composition.
• Resource sharing, local partnerships, and scalability are key strategies for entrepreneurs scaling their international operations.
• Resilience and persistence are key to success as an entrepreneur.
Themes from the discussion with Nick include:
Investment Preparation:
- Understand your business model and market
- Build a strong team
- Craft a compelling pitch
- Conduct thorough due diligence
Values Alignment:
- Choose investors aligned with your values and vision
- Maintain strategic focus and communication
- Balance relationships that support business goals
Diversity and Inclusion:
- Diverse teams foster innovation and perspectives
- Build inclusion into operations, culture and board
- Understand and serve diverse customer bases
ESG Integration:
- ESG initiatives boost efficiency, compliance and reputation
- Investors prioritize ESG-committed companies
- ESG measurement required for capital attraction
Global Operations:
- Navigate regulatory landscapes for expansion
- Leverage local partnerships for adoption
- Address challenges through international scaling
Entrepreneurial Mindset:
- Surround yourself with experienced advisors
- Embody resilience through challenges and failures
- Stay determined through the entrepreneurial journey
Негізгі бет NickSteven
Пікірлер