Fulfilling A Long-held Dream Of Business Ownership
Finance
Fulfilling a Long-Held Dream OF BUSINESS OWNERSHIP AFTER 25 YEARS WORKING AGAINST THE TIDE in the declining wool trade, David Waterhouse knew the time was right to fulfill his long-held ambition to run his own business. While scoping out a new business venture in the commercial…
Fulfilling a Long-Held Dream OF BUSINESS OWNERSHIP
AFTER 25 YEARS WORKING AGAINST THE TIDE in the declining wool trade, David Waterhouse knew the time was right to fulfill his long-held ambition to run his own business. While scoping out a new business venture in the commercial property sector, David was approached by the owner of Angus Robert’s Letting Agents. WHEN THE FIRST David has made a success of the Harrogate office and now even begun to develop property COMMERCIAL PROPERTY in his own right – a long held personal ambi- tion. business was heavily flooded, it seemed fate was trying to tell him something! And so, the big “My Board has informed my approach to staff decision to re-mortgage, risk everything and issues and marketing in particular. The buy a minority stake in the business was taken. contrasts in experience and style of my fellow Board Members just adds to the experience. The property market has experienced some There have been untold individual moments of dramatic ups and downs over David’s time in great advice which have helped me grow the the business and further share restructuring business. Combined with a boost of energy and was used to raise finance. the ‘cathartic’ effect of sharing, the Board has really helped me cope with the ups and downs.” David’s business partner launched a flurry of “My one-to-one sessions have brought a initiatives which were unsuccessful. It fell to real focus to my thinking about the David to take some tough decisions, and he demonstrated full commitment to the future by business and to life in general.” buying out the original owner after some tough negotiations.
It was at this point that David was introduced to TAB by a friend. David immediately knew the TAB model would help him take control and grow the troubled business.
“Without TAB, I would never have taken some of the actions which have led to growth, that’s the benefit of the Board being outside, looking in. It can be lonely leading a business and TAB has given me a safe space to share ideas and build my confidence.” “TAB coaching has guided me through an incredible journey. It is a trusted and long-term TAB has also helped by bringing clarity to relationship, focused on helping me and my David’s personal vision, reminding him: ‘Why business, not short-term gain for my coach.” [he’s] doing all this anyway.’ For the future, David has a very clear and Five years on and David has built the business ambitious plan. This includes ongoing change through market leading service, constant net- for the business and development of his future working and strong ‘word of mouth’ role, but also, for the first time, balanced with referrals. Angus Robert’s has focused on personal time, travel and enjoyment. Which, as lettings and by delivering outstanding results an employee back in the wool trade, he would for landlords and great service to tenants, he never even have dreamed was possible. has grown the business strongly. “To anyone thinking about TAB I would say, ‘Don’t hesitate, just do it!’”
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Source: The Alternative Board