The agenda for the new government is “growth, growth, growth” and this inspired a focused lunch at Mosimann's last week which we co-hosted with Capital Law Ltd, with some of the UKs most impressive business founders and successful entrepreneurs, alongside members of the UK private equity and venture capital community.
Challenging the narrative that economic prosperity hinges on attracting foreign investment and creating Unicorn tech scale-ups, author and thought leader on growth, David Molian of Cranfield University, celebrated the ambitious UK business founders who make that leap from being a large small business to becoming a small big business, known as “gazelles”. He argued that we need more gazelles, and we need them now.
These thousands of high-performing independent businesses spread across the country are agile, nimble and grow at least three times as fast as non-gazelles. They create a hugely disproportionate number of new jobs, build wealth for their founders and great careers for their employees.
Nick Gornall FCSI, Head of Entrepreneurs at Weatherbys Private Bank said: “It’s time to talk up the positive mindset for the success of UK business and support today’s entrepreneurs and inspire those of tomorrow with positive role models and great stories of success”.
Duncan Macintosh, Senior Partner of Capital Law, said: ”Quite right Nick, and part of David’s thesis is that it is good old fashioned attributes such as competence, effort, focus, and diligence that makes gazelles happen, rather than miracles. We entirely agree with that. Get the basics, legal and otherwise, right (and we see a lot of this) and good things are so much more likely to happen.”