Business
“I wanna do it fast” with Rachel Carrell
In this episode I had the pleasure of chatting with Rachel Carrell - Founder and CEO of Koru Kids. Rachel’s career before founding Koru Kids is impressive enough on its own, and after being the CEO of other companies previously, Rachel was well set to build Koru Kids to the brilliant business it has already come to be.
The team of 30 based in London now support over 17,000 families to support their childcare needs, and their vision is to become the “World’s best childcare service”. Rachel has raised £4.1m to date, with other rounds in the pipeline, and amazingly she ‘accidentally’ raised the second round of £3.5m whilst pregnant and gave birth halfway through the process!
This episode is a great example of how to take on a large issue within a very large sector, and Koru Kids seems to be growing from strength to strength!
In this episode we discuss:
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Fundraising - how to do it, and when is it right to do it?
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Understanding how to negotiate with investors
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Research and development in the early stages
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Validating your idea
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Marketplace companies
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Building your entrepreneurial network
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And as always, plenty more