25 September 2014

Mishcon de Reya hosts its first Leap event

This week, Mishcon de Reya played host to an audience of 120 people attending 'The Game Changers', the first of two events in The Leap series, developed by Mishcon to examine the hurdles and opportunities facing explosive growth companies and the people that lead them.

Mishcon brought together five high profile entrepreneurs - Sir Ron Aldridge, founder of Capita; Annabel Karmel, Mumpreneur; James Averdieck, founder of Gü Puds; Lara Morgan, founder of Pacific Direct; and Will King, founder, King of Shaves - to share the secrets of their success, debate topics and answer questions from the audience. Hosts, Elliot Moss, Director of Business Development at Mishcon de Reya and Michael Hayman, founder of Seven Hills, facilitated a lively debate amongst the panellists, with topics such as whether the ability to sell a product outweighed the importance of its quality, evoking strong opinion. The role of private equity; when to sell your business; the importance of a good idea; and what defines an entrepreneur, were among other topics covered during the debate.

Audience members - a mix of entrepreneurs, their advisors and investors - participated in live interactive polls throughout the evening, addressing questions such as, 'does Britain have a scale-up or sell-out culture?'

Following the debate, Sir Rod Aldridge inspired the audience as he described how he successfully built Capita, the 53rd biggest company in the UK, stating: "determination and passion", "team work", and "understanding your market" are the keys to success. He also stressed his belief that most explosive growth companies in the future will come from technology, and that, as a country, we have not embraced the advances in the digital sector as we should.

To conclude the evening, Elliot Moss interviewed Will King, enquiring as to how he had built an entire empire off the back of the razor blade. Will described his belief that a strong, "obsessive" leader and a reliable team are the source of explosive growth, and highlighted how much has changed since he started out: "In 1992, you picked up Directory Enquiries and wrote letters to your buyers. You didn't know how big your competition was."

Nick Davis, Head of Corporate at Mishcon de Reya, commented: "We developed The Leap events to exploit a valuable opportunity – namely, to learn from a variety of entrepreneurs who have successfully navigated a changing and turbulent business environment to achieve significant growth. We are committed to supporting our clients through this critical stage in their businesses and are delighted that so many people came along to the event to take advantage of the insights of these inspirational business leaders."

The next The Leap event: 'The Power of Partnerships' takes place on Monday 24 November. Click here to register your interest.