5 • 857 Ratings
🗓️ 15 December 2021
⏱️ 64 minutes
🧾️ Download transcript
Andy Price’s 4 decades in business, is a true example of the journey of an entrepreneur.
He’s taken multi million pound risks, created and nurtured hugely successful businesses, and he’s always looking for a new angle, but he's also experienced the tough side of entrepreneurship: The failures, the pressures, the big financial losses, and the inevitable mental and physical toll it takes on a person
From advertising to amusements, bowling alleys to bars, and virtual reality to restaurants, Pricey has put his hand to everything.
He’s very open about his successes and failures, and how he deals with the daily pressures.
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0:00.0 | They're buying into a glamour. Everybody wants to own a restaurant. |
0:06.0 | When you open your staff costs are way too high, you're past, you know, your wastage on everything's too high. |
0:12.0 | Stuff's getting in there because you haven't got all the control procedures probably in. |
0:16.0 | Naturally enough, you probably drink too much. I mean, drinking is, you know, you endemic, occupational hazard. |
0:23.6 | You know, so you tend to try and sort of lock the stress out of it. I was so entrenched, so determined |
0:30.7 | to make it work at all costs that I missed several opportunities to get out when I could have done. |
0:36.4 | I think I borrowed a million of Bankers Scott. |
0:39.1 | I should never have taken that on. |
0:40.7 | You've got to know when to cut your losses. |
0:42.5 | You know, everybody was telling me at the time, |
0:44.1 | you know, if you've got something that's hemorrhaging like that, |
0:46.2 | just get out. |
0:47.5 | Because you're really stressed as well. |
0:49.7 | You're in a sort of deep stress situation every day as hell. |
0:52.9 | So you're not thinking straight. I got crippled, |
0:56.2 | not just financially, but reputation wise. Emotionally, you know, that just totally, you know, |
1:02.2 | not be six really. |
1:21.6 | Welcome to the eventful entrepreneur. I'm your host Dodge and I'm the CEO and founder of the Bournemouth Sevens Festival and the revolutionary event crowd, our new online events course. |
1:32.3 | On this podcast, I speak to fascinating people who have all lived eventful lives. So if you want to hear more like this, make sure you subscribe, leave us a glowing review, and you can follow me on Instagram at Dodge Woodall. |
1:35.3 | I reply to every single message. |
1:38.3 | Andy Price's four decades in business is a true example of the journey of a proper entrepreneur. |
1:45.0 | He's taken multi-million pound risks, created and nurtured hugely successful businesses, |
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