Turning your passion into a business with Deborah Meaden and Lynne Franks

Woman's Hour

BBC

Society & Culture, Health & Fitness, Personal Journals

4.2 • 2.9K Ratings

🗓️ 2 January 2023

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Are you harbouring a dream of turning your passion into a business? Today we hear from women already doing it and find out what support's out there for women taking up the challenge. Deborah Meaden, Dragons Den investor, entrepreneur and host of the Big Green Money Show joins Krupa Padhy to discuss #Passionintobusiness Sam Jackman is the creator and founder of a post-mastectomy breast form. She developed it after her mum complained about her discomfort with the traditional silicone gel prosthesis she was using following breast cancer treatment. Sharon McBean from Birmingham wanted a music box with a young Black ballerina twirling around for her daughter (so it looked like her). She couldn't find one anywhere so started to manufacture and sell her own. And Joan D’Arcy in North West Scotland tells us about her non-profit business looking for local solutions to stop plastic pollution generated at sea. We also hear from social entrepreneur and founder of the SEED Women’s Enterprise Network, Lynne Franks. She started her own PR consultancy back in 1975 and now supports and mentors women running or hoping to run their own business. Plus Sarah Ronan, board member of Parental Pay Equality and part of the Women’s Budget Group unpicks the latest statistics around self-employment and women in the UK and Yvonne Sampson, Head of enterprise at GC Business Growth Hub in Manchester, explains what support they offer to women with their business ideas. Presenter: Krupa Padhy Producer: Kirsty Starkey Interviewed Guest: Deborah Meaden Interviewed Guest: Sam Jackman Interviewed Guest: Sarah Ronan Interviewed Guest: Yvonne Sampson Interviewed Guest: Lynne Franks Interviewed Guest: Sharon McBean Interviewed Guest: Joan D'Arcy

Transcript

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0:00.0	Good morning, good to have you with us. Are you harboring a dream of turning your passion into a business?
0:06.0	On the programme, we're looking at the possibility of doing exactly that, and bringing together in conversation some of the key names in this world.
0:15.0	We're also meeting three women who are already on the road to making this happen.
0:19.0	Have you a particular skill that you enjoy that you could turn into a business venture?
0:24.0	Do you want to manufacture something? You recognise isn't already out there?
0:28.0	Have you a prized family recipe you think would sell well?
0:32.0	Maybe you're keen to offer a service, lacking in your area.
0:35.0	And what's holding you back? Maybe you've already made it happen?
0:38.0	And what's that experience been like?
0:40.0	Rewarding? A sharp learning curve?
0:42.0	And whilst this is a bank holiday programme and it isn't live, it's been pre-recorded, you can still let us know your thoughts and experiences by texting women's hour on 8-4-8-4-4.
0:54.0	As always, our conversation is very active on our Instagram and Twitter handle at BBC Women's Hour as well.
1:01.0	And we start our conversation with the pleasure of speaking to Deborah Mead and the Dragon's Den Investor, entrepreneur and host of the Big Green Money Show.
1:10.0	Very good to have you with us, Deborah.
1:12.0	Thank you for inviting me. It's my favourite subject.
1:15.0	Well, let's start with that.
1:17.0	Making your passion into your business is that a good starting point in your opinion?
1:22.0	Well, I think it is a good starting point. I always think the best businesses and the businesses that have the biggest chances of survival are the ones that people really, really care about and caring comes from passion.
1:34.0	Now, passion alone doesn't make it a success, but it is a very, very good starting point.
1:40.0	So it's a good starting point, but it's not enough.
1:42.0	And when you reflect back on your time on Dragon's Den, you've invested more than £3 million into more than 60 projects through the programme over the past 16 years.
1:52.0	How often is it that passion has proven to be a basis for a good business idea?
	...

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