E24: How to start a business with Emilie Bellet, Jinesh Vohra and Lisa Picardo
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January is a time when many of us will naturally be thinking about various hopes and intentions for the year ahead. But what if your ambition is to launch your own business?
Starting a side hustle during a cost-of-living crisis isn’t for the faint of heart. After all, in the UK one in five new businesses fold in their first year, and over half of start-ups don’t make it past five years. But that doesn't mean it's impossible.
Join our host, Philippa Lamb, and three fearless entrepreneurs as they discuss real-world tactics for bootstrapping your dream business. This month we hear from:
- Founder and CEO of Vestpod, Emilie Bellet;
- Founder and CEO of Sprive, Jinesh Vohra; and
- CCO at PensionBee, but also Founder of childrenswear business Little Circle, Lisa Picardo.
Episode Breakdown:
01:50 The idea and first steps
09:08 Networking with the competition
11:48 Business planning
15:26 The pros and cons of co-founders
18:04 Managing your money effectively
22:04 Sole trader versus limited company
24:54 Common mistakes and expert advice
Further reading:
To learn more about starting your own company, check out these articles from PensionBee:
- Episode 24 transcript
- The pros and cons of self-employment
- What you should know about being your own boss
- Are the self-employed saving enough for retirement?
- How to manage your money when you’re self-employed
- Pension contributions from your limited company
- Six ways to reduce your tax bill as a limited company
- Sole trader vs limited company: how do the tax savings stack up?
Other useful resources:
- Set up a business (GOV.UK)
- Online graphic design tool for businesses (Canva)
- Find the best accountant for your small business (Unbiased)
- Startup School for Seniors
- The Business Model Canvas (Strategyzer)
Catch up on the latest news, read our transcripts or watch on YouTube:
Follow PensionBee (@PensionBee) on X, Threads, Instagram, TikTok, Facebook and LinkedIn.
Follow Sprive (@SpriveApp) on X, Instagram, TikTok, Facebook and LinkedIn.
Follow Vestpod (@Vestpod) on X, Instagram, TikTok, Facebook and LinkedIn.
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