Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

7 of Britain's most successful business bosses on what advice they would give their younger selves

Hazel Sheffield
Friday 02 October 2015 16:22 BST
Comments
Sir James Dyson has become Britain’s best-known entrepreneurial engineer (
Sir James Dyson has become Britain’s best-known entrepreneurial engineer (

Have you had a burning business idea for a while, but want to wait till the time is exactly right before you make your move?

You could be falling foul of one of the first bits of advice many CEOs would give themselves when they were starting out.

The BBC has put its revolving door of big British bosses to good use with a new hashtag #CEOSecrets.

When a British boss is in the building, the BBC asks them what advice they would give their younger selves – and very often, that advice is just to get on with it.

Here are tips from seven of the bosses in the series.

Harriet Green has turned round the fortunes of Thomas Cook from the brink of collapse since taking over just 16 months ago

Harriet Green, former boss of the Thomas Cook Group

“Trust your instincts. Your gut tells you things. Listen to that.

Gather data – who are the people, who are the demographics.

Finally, surround yourself with people better than you, with different skills.”

Reid Hoffman has been called the best connected man in Silicon Valley (AP)

Reid Hoffman, LinkedIn Founder

“One central thing that you don’t learn as a student is to leave the beaten path.

Lifetime relationships provide opportunities for what you learn and how you progress on your career. If I had understood this when I was younger I would have probably become an entrepreneur earlier.”

Dyson studied at the Royal College of Art before moving into engineering (DAVE YOUNG)

James Dyson, founder of Dyson

“My advice is to employ good engineers and scientists and to trust them. Listen to their ideas and back them.

Don’t be afraid of making mistakes. Fifty per cent of your decisions will be wrong. But the interesting thing is to learn from them and then make it right.”

Ruth Rogers once said she could tell a chef’s skill from the way they make a pasta pomodoro

Ruth Rogers, CEO of the River Cafe

“It’s crucial to choose the people that you’re going to work with. These are the people you’ll be working with every day.

Once you’ve chosen that team, trust them, invest in them, pay them well, give them a good working environment. Investing in your team is the most important thing.”

Hindmarch now has more than fifty stores worldwide, include flagships in London, New York and Tokyo (Getty Images)

Anya Hindmarch, designer and businesswoman

“The advice I would give is an Oscar Wilde quote actually: be yourself because the other places are taken.

Another piece of advice: cash is king. Do not run out of money.

You know what, just be brave actually because fortune favours the brave.”

Clive Schlee, chief executive of Pret a Manger, says customers want to know that their food is healthy and fresh (Lucy Young)

Clive Schlee, CEO of Pret a Manger

“There’s a saying in the fast food industry that goes: if you’re not fired with enthusiasm, you’ll be fired with enthusiasm. I think being passionate and looking like you’re enjoying yourself is a big motivator for those around you.

If you can learn to speak directly, give feedback directly, take pleasure in getting feedback, you will learn quickly, you’ll earn the respect of others and you’ll solve problems more quickly.

If you can live close to where you work, you’ll have a more enjoyable life and have more productivity and be more committed, so I would try to do that if you could.”

Reed (centre) sold Innocent to Coca-Cola in 2013 for £320 million ($485 million)

Richard Reed, co-founder of Innocent drinks

"The single most important thing in business is to go out there and give it a go. Get started, and good luck."

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in