Home Boost Business Lancashire logo

A growth conversation with...Michael Taylor

michael_taylor 2

Our latest growth conversation is with Michael Taylor. Michael is the former editor of North West Business Insider magazine and founder of Think More, a company specialising in creating thought-provoking events across the UK.

As an experienced events host, broadcaster and business journalist, Michael has presented at events and conferences all over the UK and Europe and is a frequent commentator on business issues on the BBC. He is also a non-executive director of Liberty Pensions, an honorary fellow at UCLan, and a member of the University of Manchester Alumni Advisory Board. Michael is also the chairman of business lobbying group Downtown Manchester in Business.

What is the biggest challenge you faced when growing your business and how did you overcome this?

In the last year I’ve started two businesses and joined the boards of two others. The one thing that comes up in all situations is the importance of sales. However good an idea is, if there isn’t anyone there to evangelise and sell the product or service to a customer then you will never grow.

What qualities must a growing business owner possess to be successful?

Resilience, self-belief and strong decisive leadership. The most important of these is that strength to lead people. It isn’t just about roaring from the rooftops, strength can sometimes be in silence, but there are good hard working people who remain unfulfilled because they aren’t led properly.

What top tip would you give to a business owner embarking on a growth plan?

Make work fun. I’ve yet to meet a great growing company that isn’t also fun. Have people arrive in the morning passionate and fired up. Find something that makes them click, be clear about what is expected of them and make it a good place to be.

Which entrepreneur do you admire and why?

Nationally, I have a bit of a man crush on Luke Johnson, who I enjoy reading in the Financial Times every Wednesday. He shares his personal highs and lows and speaks great sense. His book – Start Up – why starting your own business is easier than you think – is brilliant. His track record is pretty good too, but I’m staying away from Patisserie Valerie for the time being.

Locally, my brother-in-law Mark Jones is a hero of mine. He started Healthier Choice Diner in Burnley from scratch. It’s that kind of get-up and go that will make Lancashire great again. He’s now doing the food at Colne Leisure Centre. A great concept.

Why is Lancashire a great place to grow a business?

It’s a great place to live. People are proud and have great honesty. That community of like-minded entrepreneurs can really help each other to solve problems and do great things.

Why are you supporting Boost Business Lancashire?

I was part of the team that launched Growth Accelerator and I know how important it is that business comes together and in these supportive communities of local heroes.

Find out more

To find out more about Boost Business Lancashire, and to start your growth conversation complete our online form or call 0800 488 0057.

Share

You may also like...

Five key pointers for marketing your retail product Marketing your retail product
31st October 2024
 | 
Inspiration & Spotlight
Five key pointers for marketing your retail product
Business consultant Suzi Wynne, a specialist in retail business, outlines her five key pointers to help get your product seen.
Choosing the right structure for your business Choosing the right structure for your business
24th October 2024
 | 
Inspiration & Spotlight
Choosing the right structure for your business
Boost business adviser, Lateef Badat, who is part of the Boost Flying Start team, explores some of the most common structures, along with their advantages and challenges, to help you make an informed decision.

Sign up to our newsletter

For insights and events to help your business thrive.

In completing this form, you understand that Lancashire County Council (Boost) has a requirement to process your personal data. Lancashire County Council will only ever process your personal data where it has a clear lawful basis for doing so in full compliance with data protection legislation - UK GDPR and The Data Protection Act (2018). We will ensure the security and confidentiality of your personal data at all times. For full details of how Lancashire County Council handles your personal data please see our privacy notice here . Some information relating to this public funded project may be declared to third parties under the Freedom of Information Act 2000.
Funded by local govmt
Department for Trade and Business
Northern Powerhouse
Lancashire County Council

The website uses cookies.

Some are used for statistical purposes and others are set up by third party services. By clicking 'Accept all & close', you accept the use of cookies. For more information on how we use and manage cookies, please read our Cookie Policy.