My Duvet Flip (Spotlight 1) ft. Founder of Mulberry, Octopus Energy and Ann Summers
My Duvet Flip by Jack Parsons
Jack Parsons
4.2 • 8 Ratings
🗓️ 17 January 2023
⏱️ 82 minutes
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| 0:00.0 | We're gonna take it, gonna take it, gonna take it, gonna take it, |
| 0:07.0 | gonna take it, gonna take it, gonna take it, gonna take it, |
| 0:11.0 | gonna take it, gonna take it, gonna take it to the job I'm gonna |
| 0:15.0 | go. Becoming an entrepreneur |
| 0:23.6 | Becoming an entrepreneur can be tough, lonely and very stressful. |
| 0:45.3 | But what does the word entrepreneur even mean? |
| 0:49.3 | So I got out my laptop and I started Googling the word entrepreneur. |
| 0:55.9 | I was keen to learn what this word actually means. |
| 1:03.1 | Google tells me it's a person who sets up a business or businesses taking on financial risks in the opal profit. |
| 1:14.6 | Many entrepreneurs see potential in the market that they're going into. |
| 1:21.6 | Very interesting, but I'm keen to find out how you can become a successful entrepreneur. |
| 1:29.3 | In total, the most up-to-date government figures that I researched |
| 1:36.3 | show a total of 5.5 million SMEs currently active in the UK. Small businesses, zero to 49 employees, makes up 5.5 million. |
| 1:56.3 | That's 99% of total businesses. |
| 2:01.6 | The UK is also home to 7,655 large businesses, classed as those who have more than 250 employees. |
| 2:14.6 | Like our partners on this series, |
| 2:18.3 | A Viva and EY. |
| 2:20.3 | With 20% of small businesses failing in their first year |
| 2:25.3 | and around 60% of small businesses failing within three years, |
| 2:32.3 | I invited free entrepreneurs over to my home to chat about their journey as an entrepreneur. |
| 2:42.0 | And how do you succeed? In this spotlight, you will learn from free entrepreneurs on how to get started, how to keep your business going and |
| 2:53.3 | how to learn from failure. This is my dovet flip, a youth group original by me, Jack |
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