In this podcast Alan and Bhairav talk about the real world issues that are faced by entrepreneurs and small business owners We have both run successful businesses, raised money, grown them globally and now we're giving practical advice to the next generation of entrepreneurs. We don't do platitudes. We also talk to entrepreneurs from across the world and get them to share their stories and challenges
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July 13, 202626 min
How to Build a Business That Lasts
Most business advice is about getting started. The harder question, and the one Alan and Bhairav dig into here, is what it actually takes to still be standing in twenty years. In this episode of Real World Entrepreneurship, the two of them step back across their earlier conversations with Richard McCombe, who has run a Glasgow print business for two decades, and use his story to unpack a broader theory of durability. The result is less a recap and more a working map of what a lasting business looks like, and the challenges that quietly try to knock it down.
July 7, 202625 min
Every boss needs a boss
Richard McCombe is Managing Director of Graphic Warehouse, Scotland's largest independent large format print company. In this conversation, Richard talks candidly about the loneliness of running a business, the cost of having no one to hold you accountable, and the nearly ten-year relationship with an external advisor that changed how he leads and how the business runs. This episode is about why the instinct to escape having a boss is exactly what leaves so many business owners without anyone in their corner, and what changes when that gap gets filled properly.
June 29, 202632 min
Innovate or Die
Real World Entrepreneurship with Bhairav Patel and Alan Clarke Richard McCombe is Managing Director of Graphic Warehouse, Scotland's largest independent large format print company. In this conversation, Richard takes us through twenty years of building and rebuilding the business, from early vehicle graphics work to a decade of consumer products that never quite scaled, through to the pivot that finally made everything click and the AI tooling he's building now. This episode is about the real cost of innovating without commercial clarity, and what it actually takes for a traditional industry to stay relevant.
June 22, 202631 min
Expect the Unexpected: What do you really need to worry about in business?
Introduction In this episode of Real World Entrepreneurship, Bhairav and Alan dig into a question every business owner wrestles with: what's actually worth worrying about? Between cash flow, co-founders, market reception and the things you genuinely cannot see coming, it's easy to spend energy in the wrong places. Alan and Bhairav talk through how they've each dealt with the unexpected over the years, including a deeply personal story from Alan about a cancer diagnosis that tested everything he believed about planning and control. What You Will Learn From Listening Why detailed planning gives a false sense of control, and why that's not actually a problem The difference between risks worth preparing for and risks not worth the effort How COVID exposed which businesses could adapt and which couldn't Why Eisenhower's two quotes on planning are more useful than any risk register How Bhairav's experience selling Atom challenged his own assumptions about strategy Why founders should run a "hit by a bus" scenario on themselves, not just key staff Alan's personal account of being diagnosed with cancer two weeks after buying a company What the "trough of disillusionment" is and why it hits most founders around six months in How to tell the difference between problems worth carrying yourself and problems you can hand off A simple test for deciding whether something is actually worth worrying about Memorable Quotes "No matter how thorough your risk register, things will happen that you've not even thought of." — Alan Clarke "That is not very convenient." — Alan Clarke, on being told he'd be off work for six months following his cancer diagnosis "You're the one living it, no one else is doing it for you. You've built up all those years of experience. Trust yourself, back yourself." — Bhairav Patel "I worry about everything, and seldom did any of it ever happen. The things that I really, with hindsight, should have been worried about were the things I never saw coming." — Alan Clarke Summary This episode opens with a simple premise. Founders spend a huge amount of energy worrying about business risk, but most of that worry is misdirected. Alan and Bhairav use Eisenhower's two famous quotes on planning, that no plan survives contact with the unexpected, and that planning itself is invaluable even when the plan isn't, as a frame for the whole conversation. They walk through real examples, including COVID and Bhairav's own experience selling Atom, to show that the businesses which fared best weren't the ones with the most detailed contingency plans. They were the ones able to adapt quickly when circumstances changed. The conversation takes a more personal turn around the halfway mark. Alan shares that seventeen years ago, two weeks after buying a company, he was diagnosed with an aggressive cancer and told he'd be off work for six months. It's a candid, unguarded section of the episode that grounds the whole discussion in something real. Bhairav uses it to raise a question most founders avoid: what happens to your business if you, personally, can't show up? From there the discussion moves into founder fatigue, the point around six months into a venture where the initial energy fades and the gap between expectation and reality starts to bite. Alan and Bhairav both offer practical ways of testing whether something is genuinely worth worrying about, including a method Alan picked up from a former boss: ask whether it will still matter in a year. This is worth listening to if you've ever felt overwhelmed by the sheer volume of things that could go wrong in your business. Alan and Bhairav don't offer a formula. What they offer instead is a more honest, more useful way of thinking about risk, and a reminder that resilience matters more than any plan ever will.
February 23, 202625 min
The Reality of an Exiting a business: Selling Without the Hollywood Ending
Bhairav Patel recently achieved a significant milestone with the sale of Atom CTO, a venture that exemplifies the culmination of strategic planning and resilience in entrepreneurship. In this discourse, Alan and Bhairav delve into the intricate journey leading to this exit, elucidating the factors that propelled the company towards acquisition. Bhairav reflects on the initial vision he and his team held for Atom and the evolution of that vision amidst changing circumstances and personnel dynamics. The conversation also highlights the unpredictability inherent in the entrepreneurial path, particularly regarding exit strategies and timing, and emphasizes the importance of delivering value to clients to attract potential buyers. Ultimately, this episode serves as a profound exploration of the realities of entrepreneurship, shedding light on the multifaceted nature of business growth and the nuances of exiting a venture. The dialogue between Bhairav Patel and Alan Clark delves into the intricate narrative surrounding Bhairav's recent divestiture of Atom CTO, a venture that epitomizes strategic foresight and meticulous planning in the realm of entrepreneurship. The conversation unfolds with Bhairav articulating the foundational intentions that guided the inception of Atom, wherein the initial deliberations encompassed the dichotomy between cultivating a lifestyle business versus orchestrating an enterprise poised for acquisition. Through a methodical examination of the evolution of Atom, Bhairav illustrates a trajectory that was not merely circumstantial but rather a calculated progression towards an eventual exit. He reflects on the various transitions, including personnel changes and the inherent challenges that accompanied the scaling of the business, emphasizing the necessity of alignment among the founding members to mitigate conflicts and maintain a coherent vision. As the discussion progresses, Bhairav elucidates the pivotal moments that crystallized the notion of an exit. He recounts the organic evolution of relationships with other companies, particularly Taybridge, demonstrating how these partnerships were not just opportunistic but foundational to Atom's growth narrative. The conversation also touches upon the unpredictable nature of market dynamics and the realization that an exit strategy is often contingent upon external factors rather than solely the entrepreneur's aspirations. Bhairav candidly acknowledges that while they harbored ambitions for growth and influence, the eventual sale was as much a product of timing and circumstance as it was of deliberate strategy. The episode culminates in a reflective discourse on the notion of success and the disillusionment that can accompany the sale of a business. Bhairav candidly shares that the experience of selling Atom was not marked by a grand celebration but rather a series of administrative procedures that lacked the dramatic flair often associated with entrepreneurial exits. This revelation serves to demystify the entrepreneurial journey, presenting it as a continuum of challenges and triumphs rather than a singular, climactic event. The overarching message resonates with aspiring entrepreneurs, emphasizing the importance of adaptability, resilience, and the understanding that the journey is as significant as the destination itself. Takeaways: Bhairav Patel discusses the strategic planning involved in the sale of Atom CTO, emphasizing that the exit was always a part of their vision. The journey to successfully exit a business often involves navigating various challenges and aligning the interests of all stakeholders involved. Bhairav reflects on the importance of building a company that provides exceptional value to clients, which can ultimately lead to acquisition opportunities. The conversation highlights the unpredictable nature of business exits, where timing and market conditions play a significant role in determining outcomes. Bhairav and Alan emphasize that a business exit is not a grand, climactic event but rather a natural progression in a founder's journey. The episode underscores the notion that the narrative surrounding business exits is often romanticized, when in reality, it is a complex process that requires careful consideration and planning.
February 16, 202638 min
AI Explained: Practical Insights for Startup Founders and Small Business Owners
This podcast episode elucidates the intricate landscape of artificial intelligence (AI) and its multifaceted applications in contemporary business. Alan and Bhairav engage in a profound discourse aimed at demystifying the often nebulous concept of AI, highlighting its pervasive presence in modern discourse while acknowledging the widespread uncertainty surrounding its practical implementation. They emphasize the necessity for clarity amidst a cacophony of expert opinions and grandiose claims, advocating for a pragmatic approach that prioritizes tangible solutions over mere hype. The episode further delineates the various subsets of AI, such as machine learning and neural networks, and underscores the importance of data quality in harnessing AI effectively for business purposes. Through this dialogue, we aspire to equip listeners with the insights needed to navigate the evolving AI landscape with discernment and strategic foresight. Takeaways: The episode emphasizes that artificial intelligence (AI) is not merely a tool but a complex concept encompassing various subsets such as machine learning, neural networks, and computer vision. AI's current proliferation is largely attributed to advancements in chip manufacturing and data processing capabilities that enable more sophisticated computations. Business owners often face the challenge of discerning the practical applications of AI amidst the overwhelming hype and grand visions presented by purported experts in the field. Effective AI implementation requires a clear understanding of the specific problem it seeks to solve and the quality and relevance of the data available for training models. The conversation highlights the importance of due diligence when utilizing AI tools, as reliance on their outputs without proper verification can lead to significant errors and consequences. Lastly, the discourse underscores that while AI presents remarkable opportunities for efficiency and innovation, it also necessitates a cautious approach to mitigate potential risks and biases inherent in its applications.
February 16, 202631 min
Navigating the Evolving Social Media Landscape: Insights from Colin Kelly
Colin Kelly returns to provide an insightful update on the evolution of social media over the past three years, highlighting the increasing complexities and uncertainties that entrepreneurs face in this digital landscape. As we delve into the current state of platforms such as Twitter, LinkedIn, and TikTok, it becomes evident that the previously established norms have been irrevocably altered. Colin elucidates the dangers inherent in navigating social media for business purposes, emphasizing the need for entrepreneurs to exercise caution and discernment in their online engagements. Additionally, the conversation addresses the resurgence of traditional marketing strategies and the importance of genuine human connection in fostering trust and credibility in a world dominated by digital interactions. Ultimately, this episode serves as a crucial reminder that while the tools may change, the fundamental principles of effective business remain steadfast. The discourse surrounding social media has undergone a notable transformation since our previous engagement with Colin Kelly, an esteemed connoisseur in social media and public relations. The conversation delves into the profound changes that have transpired over the past three years, particularly in relation to the evolving landscape of social media platforms. As we explore the present state of social media, we reflect upon the initial perceptions we held in 2022, when platforms like Twitter and TikTok were in their nascent stages of development. The hosts, Alan Clarke and Bhairav Patel, alongside Colin, scrutinize the chaotic nature of contemporary social media, highlighting the increasing complexity and unpredictability that entrepreneurs must navigate. The discussion elucidates the notion that the once clear demarcations between personal and professional interactions on social media have blurred, resulting in a more precarious environment for businesses seeking to establish their brand identity. Colin articulates the necessity for entrepreneurs to adopt a more cautious approach in their social media strategies, emphasizing the importance of authenticity and the potential pitfalls associated with projecting a curated image that may not align with reality. Moreover, the conversation offers insights into how businesses can leverage social media not as a primary tool for engagement, but rather as a supplementary avenue to amplify their core values and connect meaningfully with their audience. As we traverse the complexities of the current social media landscape, we are confronted with the stark realization that the previous paradigms of engagement have been irrevocably altered. The hosts and Colin discuss the implications of this shift, particularly the dangers associated with over-reliance on social media for brand establishment. The dialogue underscores the importance of fostering genuine connections and the potential consequences of failing to navigate the turbulent waters of online discourse. Colin's expertise shines through as he articulates the significance of understanding the audience's expectations and the necessity for businesses to adapt their messaging accordingly. Through this comprehensive examination, we glean valuable insights into the evolving nature of social media and the imperative for entrepreneurs to recalibrate their strategies in an effort to maintain relevance in an increasingly fragmented digital landscape. Takeaways: The landscape of social media has transformed dramatically over the past three years, necessitating that entrepreneurs adapt their strategies accordingly. It is imperative for business owners to recognize the increasing dangers associated with social media platforms, which have become unpredictable and often hostile environments. Entrepreneurs are advised to exercise caution when navigating social media, as the previous certainties that guided online engagement have dissolved, leading to greater risk. A more profound reliance on grassroots engagement and authentic interactions is essential for businesses to thrive in the current social media climate. Traditional marketing methods are experiencing a resurgence, as businesses seek to establish real-world connections to complement their online presence. The overarching principle remains that successful engagement is founded upon genuine value creation, rather than superficial or algorithm-driven interactions.
February 9, 202643 min
Navigating the AI Landscape: Expert Guidance for Entrepreneurs
This podcast episode elucidates the pivotal role of artificial intelligence (AI) in contemporary business strategies, featuring insightful discussions with our esteemed guest, Sanjay Rakshit. We endeavor to demystify the complexities surrounding AI implementation, emphasizing the necessity for businesses to approach this transformative technology with discernment and critical thinking. As AI evolves at a staggering pace, we highlight the importance of understanding the distinction between mere tool usage and the strategic application of AI to enhance operational efficacy. Furthermore, we address the prevalent misconceptions and hype surrounding AI, urging entrepreneurs to seek informed perspectives rather than succumbing to the clamor of unqualified voices. Our discourse aims to equip business leaders with the knowledge requisite for navigating the intricacies of AI integration, thereby fostering sustainable growth and innovation within their organizations. Takeaways: Businesses must critically assess the necessity of AI in their operations to avoid pitfalls and ensure effective implementation. The rapid evolution of AI technology necessitates a continuous learning mindset among business leaders and practitioners alike. It is imperative for enterprises to differentiate between mere tool usage and strategic AI integration to achieve sustainable competitive advantage. The influx of AI tools does not replace the need for skilled practitioners; rather, it enhances their capabilities, enabling more efficient outcomes.
January 7, 202533 min
Managing Burnout
In this Real World Entrepreneurship podcast we talk with Lauren Young, the Burnout Therapist: https://www.theburnouttherapist.co.uk/ We explore the signs and symptoms of burnout that entrepreneurs frequently face, from chronic exhaustion and sleep disturbances to increased physical ailments and emotional drain, understanding these symptoms is crucial. In this episode, we help the listener distinguish between ordinary stress and the prolonged state of burnout, highlighting practical measures to prevent the escalation of stress into a more severe condition. Learn how to manage your mental health proactively in the demanding world of entrepreneurship.
July 23, 202413 min
Navigating Change: How do you prepare for the unexpected?
In this episode of the Real World Entrepreneurship Podcast, we delve into the significant impact of recent electoral shifts on businesses. Following the Labour party's landslide victory in the UK, entrepreneurs and business owners are faced with a rapidly changing political landscape. We discuss how these changes can influence market conditions, regulatory frameworks, and general business sentiment. Amid feelings of uncertainty and apprehension, we explore strategies for businesses to remain nimble and swiftly adapt to new realities.
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