Innovation and Entrepreneurship: Insights from a Serial Entrepreneur

Opportunity
Innovation and
Entrepreneurship

Contents
About Entrepreneur.....................................................................................................................................3
Questions from Entrepreneur.......................................................................................................................3
Analyze data and information......................................................................................................................4
Relate to theory...........................................................................................................................................5
Conclusion...................................................................................................................................................8
References...................................................................................................................................................9

About Entrepreneur
When business ideas get converted into reality then it forms money making companies.
Entrepreneurs are those people who take financial risks so they can earn profit. They try to
identify business opportunity i.e. develop a system where products/services can be sold for
earning huge amount of money (Gagliardi, 2013). This report is based on Matt Robinson, UK
based serial entrepreneur. He is started GoCardless; an organization which manages and arrange
recurring payments of business. This organization currently value more than £400m and its
growth rate is also remarkable. Nested is another venture of Matt Robinson, it is basically a two
sided business where company assist seller in selling their home and buyers in buying new
house. Nested become very popular in no time as The Sunday Times Fast Track named it
“Disruptor to watch”.
Matt Robinson is a Law graduate from Oxford University. He has achieved a lot in very
less time as he has founded two companies that has values in millions. His mindset is different
others, he sold stakes in his old enterprise so he can do something different. Although he is a law
student but his ability to work on different subjects provides him an edge over others. He started
new venture after finding that more than 60% properties, register for online sale, went unsold.
People withdrew their advertisements because of an ineffective ecosystem. He found a gap and
brought disruption in whole market.
Questions from Entrepreneur
Asking right questions is important to find correct information. Matt Robinson is a young
entrepreneur but he has experience of running two companies. Below are few questions which
will be asked from him:
1. How to you make decisions about where to invest your money?
2. An organization needs various resources to run its operations, according to you, which
resource is most important?
3. Do you think that a person cannot become entrepreneur without having new ideas in his/her
mind?