Category: Greatest Mistake

“Our store was in the wrong place”

Serial entrepreneur Yaron Kopel has learned the value of a good location and applies it to his international off-site meeting-room company. Accomplished Israeli businessman Yaron Kopel has worked in the shoe business, the drinks business and, today, the meeting-room business. He’s currently steering the rapid global expansion of his Meet in Place brand and this… Read more »

“I had to beg for help”

When entrepreneur Peter Erlandsson and his partner bought a shelving and storage company, they didn’t expect so many knock-backs. When Peter Erlandsson and his business partner took over String Furniture in 2005, it was a company in administration and a brand that was a shadow of its former self. While they weren’t expecting an easy… Read more »

“There have been bumps in the road”

Just because something works in one restaurant doesn’t mean it will work in another, says Spanish restaurateur, author and entrepreneur José Pizarro. Having walked away from a promising career in Spain, José Pizarro turned up in London not speaking a word of English, but with a burning desire to make it as a chef. He… Read more »

“Creativity was no longer the priority”

Designer Matthew Williamson chose to pull back from his fashion label when the business side took precedence over the artistic. As a celebrated fashion designer, Matthew Williamson employed 50 staff and split his time between Italy, the UK and the USA. But as the company grew, he struggled with the business demands. Now, he’s reinvented… Read more »

“I followed my heart, not my head”

When the recession hit, just hanging in there was the only option for TMP The Mortgage People’s Owner and CEO, Kelly McCabe. Happily, it paid off. As the boss of a UK-based mortgage brokerage, Kelly McCabe knows that targeting high net-worth individuals is where the easy money lies. She chose, however, to help people who… Read more »

“I said no to the best job of my life”

Award-winning garden designer Andy Sturgeon could have changed his fortunes at a much earlier point, so now he checks out every opportunity. Twice voted one of the top garden designers in Britain and winner of a shed-full of awards, including eight gold medals and three Best in Show at the RHS Chelsea Flower Show, Andy… Read more »

“We created a huge backlash”

Sandrine Zhang Ferron, founder of Vinterior, learned the hard way that not every opportunity should be grasped if it dilutes the brand. After three frustrating months trying to find the perfect chair for her new home, Sandrine Zhang Ferron quit her job in finance and set up Vinterior, an online vintage-furniture marketplace. Fast forward three… Read more »

“I took a holiday at the worst possible time”

Top UK sports lawyer Daniel Geey thought he’d cleared the decks to go away with his family, but football deals will wait for no man. As one of the UK’s most highly respected sports lawyers, Daniel Geey’s clients include Europe’s top football clubs and players. His day-to-day role comprises everything from navigating multimillion-pound club takeovers… Read more »

“We bought our first property too quickly…”

Defer to experts before you make big decisions, says Rachel Clacher, co-founder of multimillion-pound telephone-answering service Moneypenny. In 2000, Rachel Clacher and her brother Ed Reeves founded Moneypenny, the world leader in telephone-answering services, not to mention one of The Sunday Times Best Companies to Work For. Today, with a £30m turnover, their HQ is… Read more »

“…I got distracted by the fun stuff”

Get your core product right before adding fancy stuff, says Patrik Arnesson, CEO of Forza Football. After a couple of false starts, the Gothenburg based entrepreneur finally found success with a live football score app that gained huge numbers of users in its first few months. But, faced with a choice of consolidating that success… Read more »