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Lovefilm - The Subscription King You Won’t Have Heard Of

Lovefilm - The Subscription King You Won’t Have Heard Of

FromSecret Leaders with Dan Murray-Serter


Lovefilm - The Subscription King You Won’t Have Heard Of

FromSecret Leaders with Dan Murray-Serter

ratings:
Length:
49 minutes
Released:
Apr 22, 2019
Format:
Podcast episode

Description

Serial tech entrepreneur William Reeve realised early on that he wasn’t quite techy enough to be a techy, and so focused on the business side of tech businesses. And without this early enlightenment, we might not have seen the likes of Zoopla, Dunelm, Secret Escapes, Lovefilm or Graze, to name but a few of the businesses that have benefitted from William’s involvement.
At the tender age of 23, having recently graduated from Oxford University with a degree in engineering and having just started his own company, William was told by a family member that he was ‘too young’ to start his own business. Four years later that business sold and netted William £10m.
Listen today as we find out what it took to bring Lovefilm to market and how it beat Amazon. Join us as we chat to William about:

Other than marriage, what William’s best investment to date was

How, aged 27, he sold his first business and made almost £10m in the process

Why he chose to go down the DVD subscription route

How Lovefilm handled the slow business start by buying out the competition

What it’s like negotiating with a behemoth like Amazon

How to measure user churn

Links:
https://www.wreeve.com/
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Released:
Apr 22, 2019
Format:
Podcast episode

Titles in the series (100)

Find out what it's really like being a top entrepreneur and how to get there. Founders of startups like Monzo, BrewDog, Slack and Jo Malone tell us about their biggest challenges, key decisions and life-defining moments. How would you respond if you arrived in the UK as a penniless refugee? Or had to fire your Mum? Or had a billion dollar deal fall through your hands at the last minute? Learn how to lead from business greats.