Secret Leaders
Myprotein: How to bootstrap a £500 overdraft into a £350m exit, with Founder Oliver Cookson
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:53:43
- More information
Informações:
Synopsis
“I was a keen gym goer and I used to buy protein powder from what was the leading sports nutrition company in the UK at the time. And about six months in I looked at the back and thought, ‘what actually is this?’” Oliver Cookson founded the sports nutrition business Myprotein in 2004 with just a £500 overdraft, selling it to The Hut Group seven years later having kept 100% equity. The deal ended up being worth north of £350m for him. So how did he pull it off? “I don't live with regrets because some people said to me, ‘should you have held onto Myprotein longer?’ If I did, I’d be a billionaire now. There's no doubt about it. It is always growing. However, you can only make a decision at that moment, where you are now.” Oliver has written a book about his experience - Bootstrap Your Life - and hosts a podcast of the same name (links below). “If you want to create a leading brand, a national leading brand, or an international brand, there's no work life balance, especially if you’re bootstrapping. It’s impossi