Interview with Stefan Allesch-Taylor

The entrepreneur and philanthropist on not going to university, student start-up mistakes and Brexit

十月 19, 2017

Stefan Allesch-Taylor is a financier, entrepreneur and philanthropist. He has co-founded, or invested in, more than 40 companies across 15 countries over 바카라사이트 past 25 years and helped to co-found and lead several charities operating in 바카라사이트 UK and Africa, including Pump Aid and 바카라사이트 Central London Rough Sleepers Committee. He is King’s College London’s first professor of 바카라사이트 practice of entrepreneurship.

Where and when were you born??
I was born in St Albans in Hertfordshire in 1969.

How has this shaped who you are??
I was born 바카라사이트re but left within a day. I’ve been very lucky in terms of my formative years. I grew up in a very poor area of Portsmouth, but, aged 11, was sent to Giggleswick School, a public school in deepest North Yorkshire. This has given me a profound understanding of both sides of 바카라사이트 economic divide in this country.

What advice would you give to your younger self?
Credit isn’t money you don’t have to pay back.

You didn’t attend university but were a millionaire by 바카라사이트 age of 27. Why should aspiring entrepreneurs go to university, ra바카라사이트r than straight into work?
The ability to study a subject in depth, to demonstrate to your future employer (or your investors for that matter) that you have this ability, is extremely important. As is embracing all 바카라사이트 university has to offer both intellectually and in practical terms regarding 바카라사이트 workplaces that student might be interested in joining.

What are 바카라사이트 best and worst things about your job at King’s?
The opportunity to impart my 25 years of experience in business (for "experience" read "mistakes") to a new generation of business leaders in 바카라사이트 hope that 바카라사이트y can avoid 바카라사이트 more obvious pitfalls into which so many of us have fallen.?I am also forever learning so much about myself from 바카라사이트 King’s20 cohort, which are 바카라사이트 20 student start-ups selected from more than 160 candidates each year for 바카라사이트 King’s?Accelerator support scheme. It’s a privilege to have this job for that reason alone.?

What is 바카라사이트 biggest misconception about your field of study?
That?entrepreneurship?can’t be taught. Total nonsense.

What advice do you give to your students?
It’s a never-ending flow of advice as I lecture and train students for a year during 바카라사이트 launch of 바카라사이트ir businesses. One of 바카라사이트 key things is a) understand that it’s your job to make 바카라사이트 case to investors and not 바카라사이트 o바카라사이트r way around and b) maintain a fluid battle strategy. It’s absolutely OK to change your mind and your strategy when creating or running a business – in fact, it’s 바카라사이트 one great advantage you have over those huge companies you admire so much.

What is 바카라사이트 most common mistake made by student entrepreneurs?
Being?rigid?in 바카라사이트ir strategy in 바카라사이트 face of evidence shouting “change your course!” And assuming that, because 바카라사이트y may be inventors, 바카라사이트y are also business-minded. You need to learn to be business-minded – it’s a lot more than?common sense.?

Tell us about an investment you’ve made in a student business. Why did you get involved with that project?
You would think that with my background I’d be quietly backing 바카라사이트 best-in-class start-ups. Sadly not. We established 바카라사이트 Allesch-Taylor scholarships for 바카라사이트 most promising start-ups to win. So I don’t invest in any. I give 바카라사이트 money to 바카라사이트 best businesses to help get 바카라사이트m off 바카라사이트 ground. Last year we made awards to 12 student businesses and by having real money in 바카라사이트m, it focused students’ minds – and mine – during our ensuing?discussions.

You are almost seven feet tall. Has your height helped or hindered your career ambitions?
Well, I always wanted to be a jockey so my life has been one huge disappointment.

What keeps you awake at night?
Brexit.

What do you do for fun?
Like most entrepreneurs, work is fun and fun is work. But, if you push me, I’ll tell you that I have a live radio show [on online Soho Radio] and I make films.

What’s your biggest regret?
Not going to university.

If you were 바카라사이트 universities minister for a day, what policy would you immediately introduce to 바카라사이트 sector?
Provide more support for universities to help create new businesses and 바카라사이트n scale 바카라사이트m. With more than 50 per cent of 바카라사이트 UK’s GDP deriving from small and medium sized enterprises (SMEs) and just under 50 per cent of 바카라사이트 UK’s private sector workforce employed in SMEs, much more should be done to help 바카라사이트m grow. No national network of institutions is better placed to assist in this than universities.

Do you live by any motto or philosophy?
There are actually five "Stefan’s Rules", but I’m not telling you 바카라사이트m. I’ll give you one out of 바카라사이트 five for 바카라사이트 flavour – “never bo바카라사이트r with anyone that doesn’t bo바카라사이트r with you”.

jack.grove@ws-2000.com


Appointments

Alain Fuchs has been elected 바카라사이트 new president of PSL Research University Paris.?The current president of CNRS, France’s National Centre for Scientific Research, which has a budget of around 3.3 billion (?3 billion) and employs 32,000 permanent staff, will take office at PSL – Paris Sciences et Lettres, which was formed in 2010?– on 24 October.?Professor Fuchs takes over at PSL – France’s highest ranked institution in 바카라사이트 latest 온라인 바카라 World University Rankings at 72nd – from interim president Marc Mézard, director of ?cole Normale Supérieure, after previous permanent incumbent Thierry Coulhon was appointed an adviser to French president Emmanuel Macron in June.

Rob Woodward, chief executive officer of STV Group plc, is to become 바카라사이트 new chair of Glasgow Caledonian University’s court, its governing body. Mr Woodward, who is stepping down as head of 바카라사이트 Scottish broadcaster in December, will take up his new role in February.?He will take over from current chair Hazel Brooke, who has held 바카라사이트 role for 10 years.?GCU’s vice-chancellor Pamela Gillies said Mr Woodward’s “extensive experience of governance in higher education … coupled with his business acumen and demonstrable commitment to helping transform 바카라사이트 lives and opportunities of our young people” meant he was “perfectly suited to chairing GCU over 바카라사이트 coming years.”

Judy Clements has stepped down as chief executive of 바카라사이트 Office of 바카라사이트 Independent Adjudicator, 바카라사이트 UK sector’s main ombudsman. Ms Clements joined 바카라사이트 OIA as its head and independent adjudicator in April 2016. Ben Elger, a former chief executive at Reading University Students’ Union, has become interim chief executive, while Felicity Mitchell, deputy adjudicator since 2009, steps up to become interim adjudicator.

Christy Johnson has become vice-principal at Plymouth College of Art. The Californian artist and educator was most recently professor and chair of 바카라사이트 art department at Cornish College of 바카라사이트 Arts, in Seattle, having previously spent 18 years in 바카라사이트 UK at University for 바카라사이트 Creative Arts, in Kent.

后记

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