
Friday Nov 29, 2024
A Conversation with Philip Leitch: Ups and Downs of Entrepreneurship - Built Different
Philips LinkedIn: https://uk.linkedin.com/in/philip-leitch?trk=public_post_comment_actor-image
Find My Socials Here: https://linktr.ee/stevenpettigrewinvestor
Navigating the Highs and Lows of Entrepreneurship with Phil Leach
In this podcast episode, Phil Leach delves into his entrepreneurial journey, discussing his experiences with reading influential business books, starting and acquiring businesses, and facing challenges in the transport industry. He shares insights from his transition to university to gain deeper understanding and introduces his latest venture, the Founders Lounge, aimed at helping entrepreneurs with business intelligence, marketing, and more. Phil emphasizes the importance of persistence, learning from failures, and the value of a supportive network in achieving success.
Timestamps:
00:00 Book Talk and Inspirations
01:50 Starting the Podcast
02:30 Early Career and Entrepreneurial Beginnings
04:24 Transport Industry Insights
07:17 Challenges and Successes in Management
11:43 Venturing into Business Ownership
21:29 Mergers and Acquisitions Journey
30:10 The Reality of Business Brokers
37:06 Broker Interactions and Proving Funds
37:36 Challenges in Small Business Acquisitions
38:44 Persistence and Success in M&A
39:49 Leveraged Buyout Explained
40:44 Personal Struggles and Support Systems
43:01 Daughter's Achievements and Family Dynamics
46:34 Business Challenges and Lessons Learned
53:54 Future Business Plans and University Experience
01:00:07 Founders Lounge and Helping Entrepreneurs
01:08:24 Final Thoughts and Contact Information
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