{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/627124e6b20735001442cbf2/6308bad83a43250014e97b29?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"David Pattison: Funding fundamentals and mixing art & science in business","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/627124e6b20735001442cbf2/1661520642646-8144ae1adcd1c46d101eed8c79e05eb4.jpeg?height=200","description":"<p>The world of investment. The confusing old boys club - or at least that's the perception. Is that a fair characterisation? In this episode, we talk to a renowned chairman and non-executive director who's literally written the book about the world of investors.</p><p><br></p><p>David Pattison cut his teeth in the world of advertising and has now become one of the UK's leading voices for young businesses. A graduate of Harvard Business School, David has been on all sides of the M&amp;A process, including leading two exits with significant multiples, managing mergers, building international networks, working with private equity and venture capital, fundraising, acquiring businesses and running large multi-country P&amp;Ls. His new book The Money Train explains everything founders need to know about investors and is a must-read for business leaders.</p><p><br></p><p><strong>Here's what we discussed:</strong></p><p><br></p><ul><li>How did your time at Harvard Business School set you up to be an entrepreneur? (01:00)</li><li>Is intuition a big part of what makes a successful entrepreneur? (06:02)</li><li>What was the experience of scaling your own business like? (10:03)</li><li>Should entrepreneurs think about their exit strategy when they are starting? (15:07)</li><li>What is the most common or biggest mistake entrepreneurs make? (18:00)</li><li>Say an entrepreneur has just set up a business&nbsp;– how can they know which type of investor to seek out? (21:50)</li><li>What are the most common challenges businesses have in investment and how do they overcome it? (25:45)</li><li>In your book, you distinguish between a rational and emotional investor – what differentiates these two types of investors? (29:59)</li><li>Can a business that goes through the process of due diligence before an investment become a better business? (33:59)</li><li>How can people effectively scale their business and achieve funding during a recession? (36:33)</li><li>Answer the Internet: Why do people invest in making businesses when they would probably get a better return and far less hassle with even a conservative diversified stock portfolio? (41:10)</li></ul><p><br></p><p>Be sure to subscribe to the podcast and the <a href=\"https://www.youtube.com/channel/UCSYMiQAiikesqqT_uel9aEA\" rel=\"noopener noreferrer\" target=\"_blank\">Business Leader YouTube channel</a> for more interviews with some of the world’s leading business figures.</p>","author_name":"Business Leader"}