Feedback Form
Home Features Mastermind Videos About Advertise Blog Network Contact
   

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

Featured Ebook


ebook Famous Entrepreneurs - Modern Empire Builders


Featured Ebook

More Evan Carmichael
Have A Suggestion?

Sales Lessons From Starbucks And Dell

Innocent Drinks: profile of Richard Reed, the fruit smoothie king



Innocent Drinks: profile of Richard Reed, the fruit smoothie king
   

1. What is your business?
Making natural drinks that taste good and do you good.

2. What prompted you to start up in business?
The idea that life would be more fun if I worked with my friends.

3. What was the market situation when you started up?
There was one other smoothie company, but they made theirs from concentrate so we knew that if we made proper natural smoothies we could beat them on taste and nutrition.

4. Do you have a vision for your business and if so, what is it?
We want to become The Earth’s favourite little food company – a vision that encapsulates both the scale of ambition and the fact that our business has to be done in conjunction with Mother Nature, not at her expense. We also want to prove that there is profit in ethics and that business can, and must, be a source of positive change in society.

5. What was the biggest obstacle you had to overcome?
No one would fund us. We got turned down by every bank, VC and investor we came across. We were told that we scored 0 out of 5 in the investors’ handbook – as we were too young, had never run a business before, had no experience of the sector, were all friends, and said there wasn’t one leader but that all three of us would lead together.

6. So, how did you find the finance to get started?
After unsuccessfully trying every bank, VC company and investor network, in desperation we sent out an email to everyone we knew that simply said in the subject line, ‘Does anyone know anyone rich?’. We got one response from a friend who had done a year’s work experience in the office of a man who made investments, and the man in question went on to be the sole funder of the business.

7. What are your personal qualities that have that have helped you to succeed in business?
Paranoia. Assume nothing is going to work, and be all over it. Enthusiasm – you need to be a constant source of positive energy. Honesty – it is a rare trait in business, it costs nothing and it creates tremendous value. Altruistic – business can be a great way of doing good. And brighter, more talented people want to be part of such a company, and there is nothing more important than getting great people.

8. How do you keep going when things get tough?
We will face tougher times in the future so you should ask me then, but two things have helped me so far. One was someone pointing out to me that it wasn’t supposed to be easy, because if it was everyone would be doing it. That at least stop me thinking, ‘when is it going to feel easier?’. The second bizzarely was an interview I read in the Sunday Times with Barry McGuigan, the boxer. He said his Dad trained him and had the personal motto that ‘Tough times don’t last, tough people do.’ That blew me away, and made me realise that ultimately a large part of success comes down to resilience, which is something that you can develop and improve over time.

9. How do you measure success?
Health. Love. Friendship. Excitement. Nice clothes and holidays. In that order.

10. If you had one piece of advice for someone starting out in business, what would it be?
Find a couple of people who are good at what you are bad at, but share your values and view of what is important in life.


Innocent Drinks: profile of Richard Reed, the fruit smoothie king - To learn more about this author, visit Sue Stockdale's Website.

Like this article? Share it with your friends
[Get Copyright Permissions] E-Mail | Print | More  


Related Articles Related Articles
Being remarkable - how to have an extraordinary business
  I see a lot of businesses. Some of them are remarkable and extraordinary when I first see them, but they don’t realise it, and don’t know how to tell people about the special . Some of them are rather dull, staid ...
Give To Live and Get Refired
  I often tell people who haven’t seen me recently and wonder if I have retired, “I’m not retired, I’m refired. I’m not gonna ease up, let up, shut up or give up until I’m taken up. As a matter of fact, I’m just getti...
Money DOES Grow on Trees
  Money grows on trees?! Yes, it does. Well, this is just a metaphor. But the point is that money is as abundant as fruit on trees. Some of you may be thinking, "Yeah, right!" If you are, then you better listen up. ;-...
  How much is that morning jolt of caffeine worth? How badly do you need to satisfy your sweet tooth? Is there a price that can be put on your health? The Centre for Science in the Public Interest says that the numbe...
Life Is Good
  Richard Branson has a big ego, which can be off-putting. (My one contact with him was unpleasant; it gave new meaning to the word "condescending.")

Related Forum Posts Related Forum Posts
Two Calls On How To Create Joint Venture Deals.... Two Calls On How To Create Joint Venture Deals....
Franchise Choice Franchise Choice
Re: SEO Website Directory Re: SEO Website Directory
Dani Johnson Profile Dani Johnson Profile
Richard Branson's Spaceships Richard Branson's Spaceships
Re: Updating your status Re: Updating your status
Losing My Virginity Losing My Virginity
Re: Richard Branson's Spaceships Re: Richard Branson's Spaceships

 
About the Author


Sue Stockdale
(Visit Sue's Website)
Sue Stockdale founded Mission Possible, www.miss ionpossible.co.uk to help women to achieve their goals in business, using the same principles that led to her success in becoming the first British woman to ski to the Magnetic North Pole. Since 1997, the company has worked with 1000s of women worldwide. Services include an award-winning businesswomen’s network, and peer support groups for growing businesses. A fitness fanatic, Sue has represented Scotland in athletics, and in 2004 finished runner-up in TV’s Superhuman. Her academic achievements include an MBA in Entrepreneurship and an MSc in Quality Management. She lectures at several Universities on leadership and entrepreneurship and her advice on motivation regularly appears in the media. She is author of Kickstart Your Motivation and Secrets of Successful Women Entrepreneurs. For further information www.suestockd ale.com
Have A Suggestion?

View Author's Blog
Become An Author

View Author's Video
Sue Stockdale Video - Polar adventurer and motivational speaker Sue Stockdale speaking at Millionaire Mind Event in London about building trust in your team on an expedition and setting up systems to make expeditions and business easier.
Become An Author

Free Downloads


Sue Stockdale's

Complete
List Of
Women-Entrepreneurs
Articles

First Name
Last Name
Email
 
Author's Free Downloads
Women Biz Success Icon Women Biz Success

More Sue Stockdale
Top tips for women who aspire to be great speakers
Top tips from successful women entrepreneurs
How to keep motivated when the going gets tough
Backpack business idea prompted by frustration
Profile of Jeanette Forbes leading woman in a mans world
How to seize opportunities
Debt consolidation how it has worked for a female entrepreneur
Anita Corbin How winning an award kickstarted her success as a photographer
The ingredients of strong leadership and what really counts
How to run a gold medal business
Become An Author