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Bedroom Investor to Billionaire Boardroom | Steve Lansdown Founder of Hargreaves Lansdown
This is the story you’ve never heard about the UK’s leading investment platform managing the savings and investments of over 1.3 million clients as Rob interviews billionaire founder, entrepreneur and investor of FTSE 100 company Hargreaves Lansdown, Steven Lansdown. Together they discuss what it takes to build a business, the secret to longevity and the mindset you need to be an entrepreneur.
Hargreaves Lansdown is the UK's leading savings and investment platform. Founded in 1981 by Peter Hargreaves and Stephen Lansdown, the platform now has over 1.3 million clients investing over £96 billion of their savings. Hargreaves Lansdown was started in a front bedroom and aimed to grow big but also be the best in their market and the founders didn’t take anything out of the business for 10+ years to enable its growth. All profits were rolled back into the company to help optimise it’s systems and scale the business.
When an entrepreneur is building a business it’s growth is ultimately up to you, it’s a 24-hour a day, 7 days a week job that comes with a lot of pressure but if you focus in the right direction and look at your competitors in your marketplace and aim to do better than them you can be successful. As a start-up, you can be quicker to market than your competitors and as an entrepreneur you skill is building a business.
The secret to longevity in business is to be ambitious with your vision, believe in your business model, to do the right thing by your clients in the long term and not to be too greedy too soon. You have to be patient with your business, reinvest your profits, enjoy what you do and not have the mindset that you’re trying to make a ‘quick buck’.
As an entrepreneur, you don’t need to take big risks, just calculated ones. You need to know why you’re doing what you’re doing and commit to your decisions 100%. Work hard and be consistent with your business, don’t try to do too many things at once.
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The Disruptive Entrepreneur mixes interviews with titanic, world disruptors plus Rob's own detailed critical analyses of all areas of entrepreneurship.
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