In this week’s podcast we meet Jacob Hill, MD of Offploy. Jacob tells us all about his start-up at the age of 19 that brought him business awards and £300,000 of angel investment but also talks about the mistakes made that brought it all crashing down.
He then shares with us the story of his arrest and subsequent prison sentence that changed his life forever, and the positives that have subsequently come from it.
He also explains how you can access a pool of top quality staff with exceptional levels of motivation & loyalty at a fraction of market salaries.
This is a true ‘business rollercoaster’ journey.
INTRODUCING JACOB HILL
As the son of two police officers, Jacob was brought up ‘on the right side of tracks’. He was forever taught right from wrong, given every opportunity in life and encouraged to pursue his dreams.
It wasn’t until his first business, The Lazy Camper, went into financial ruin that he made a choice to sell drugs at a music festival. He was arrested and sentenced to 28 months in prison. He thought he wouldn’t be a ‘typical’ prisoner but when he was in there he met so many individuals from all walks of life who had made poor choices and ended up in the same place. It was the people inside prison who didn’t think any employer would take them seriously despite their eagerness to find work that inspired him to start Offploy.
Jacob believes that if an employer met someone and listened to their story they could probably relate to it and would find it easier to look beyond most convictions. Someone gave him a second chance on his release and he hopes to be able to do the same for others coming out of prison too. Jacob formed Offploy after his release from prison. He wrote the plan for the business from his prison cell and has since gone on to employ a team of 30 who have supported over 3,000 socially excluded people throughout the UK. As well as being Managing Director at Offploy, Jacob is also a member of the Board at Social Value UK.
EPISODE HIGHLIGHTS
[00:00:30] The start-up idea as a 19 year old
[00:03:00] Funding the start-up idea and the execution of it
[00:09:00] Why the business failed (and the lessons learnt)
[00:13:00] The spiral into getting arrested
[00:20:00] A 28 month prison sentence
[00:35:00] The launch of Offploy and how it helps people
[00:39:00] Hiring people with criminal convictions - advice & a guide - and how it helps you
KEY TAKEAWAYS & BUSINESS LEARNINGS
BEST MOMENTS
“Business for me was my passion”
“One of my investors eventually said I was all fur coat and no knickers… which was a little unfair”
“We expected a million pounds of sales and got around £90,000 of sales”
“I felt I was indestructible, I didn’t ask for help, I didn’t think I was doing anything wrong. I had all the arrogance and belief that I can do anything”
“I was working my dissertation as much as possible because I could have been locked away at any time”
“I was one of only a few people who was in that prison out of choice rather than desperation”
VALUABLE RESOURCES FOR YOU
Website: www.leedsbusinesspodcast.com
Website: https://www.offploy.org/
LinkedIn: https://www.linkedin.com/in/jacobrohill/ https://www.linkedin.com/company/offploy/
Instagram (personal): https://www.instagram.com/jacobrohill/
Twitter (personal): https://twitter.com/JacobROHill
Twitter (business): https://twitter.com/Offploy
Shout out tags: https://www.designedbyink.co.uk/
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ABOUT YOUR HOST
Phil Fraser went from an accidental kitchen table start up, with no investment, all the way to multi-million pound sale to a PLC 18 years later. He’s travelled the full SME business journey of launch, growth, scale and exit.
As well as hosting the Leeds Business Podcast, Phil now works with ambitious SME-owners as a Business Sounding Board (think somewhere between Business Coach and Business Mentor). In simple terms, he’s ‘a pair of ears and an extra pair eyes’ for SME Owners helping them to be better at what they do. Phil’s mantra is It doesn’t need to be ‘lonely at the top’. He helps Business Owners to be better business owners, by helping with their clarity and focus.
As a Business Sounding Board, he gives SME Owners the time & space to regularly discuss their challenges and opportunities, with no sense of judgement or bias, and in complete confidence. This allows them to explore their options in full, culminating with a list of issues to address/clarify, a clear target in mind, a roadmap to success, and a renewed enthusiasm and confidence for the challenges ahead.
Phil has appeared as a guest on over 60 podcasts, webinars and interviews, from around the whole globe, talking on a variety of business subjects. You can view them all at https://philfraser.co.uk/watch-hear-phil/.
LEEDS BUSINESS PODCAST
Lazy Camper, Offploy, Leeds, Leeds Business, Business in Leeds, Nous of Fraser, Business Sounding Board, Business Coach, Business Mentor,
Email: phil@leedsbusinesspodcast.com