EP 359 - We love opinions and James has plenty. After spending a couple of episodes looking at the global picture we get down to UK business brass tacks with Partyman CEO James Sinclair.
James is full of advice for aspiring entrepreneurs, business owners and anyone at the sharp end of leading a company in the UK. We talk about the importance of dreaming big, the value of vertical integration and how staying on top of your P&L and cash flow is the most important thing that any business owner can do.
Given the recent UK budget, James’ call on the government to tax profit not turnover makes this a timely re-listen.
Chapters:
00:00 BWB with James Sinclair: Revisited
02:04 Meet James
02:55 Sinclair's Business Journey
08:10 Challenges in Childcare and Employment
10:36 The Burden of Turnover Taxes
21:11 Entrepreneurial Spirit and Big Dreams
28:17 Advice for Entrepreneurs
36:46 The Push and Pull in Business
37:49 Taking Risks and Self-Belief
39:09 Worst Advice and Protectionist Mindset
39:58 Founder Challenges and Tall Poppy Syndrome
42:19 Government Support for Entrepreneurship
49:58 Quickfire Round: Get to Know James
54:13 The Role of Good Management
57:52 Business or Bullshit Quiz!
01:05:35 Wrap Up
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