When I founded Myprotein, I used a £500 overdraft and a garage floor. In this episode, I discuss what I learnt during that time and my three key components to starting out. I also consider whether I believe the business would be as successful if it launched in today’s market, if I would have been able to bootstrap it, and which other sectors I’d look at if I was starting a new business in a post-Covid economy.
If you’re interested in submitting a question for me to answer in a future episode, please fill out the form at OliverCookson.com or tweet me @OliverCookson.
Timestamps:
0:33 - 2:00 - Is it still possible to succeed on a low startup budget or have all the rags to riches opportunities been done?
2:00 - 4:10 - Do you think Myprotein could be started today?
4:10 - 4:50 - Why now is a great time to bootstrap your business
4:50 - 10:23 - I’m thinking of starting a business, how do I do it?
10:23 - If I was to start a business with limited funds today, what would it be?
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