Theo Paphitis started his career at 16 as a tea boy/filing clerk with an insurance brokers, and set up his first company at the age of 23.Since then, he has purchased and turned around ailing companies such as Ryman the Stationer, Contessa and La Senza lingerie chains, Partners the Stationer, and even Milwall FC, taking it from administration to the FA Cup Final. Theo also appears on the BBC's Dragons' Den where he has invested in businesses including the iTeddy and Reggae Reggae Sauce.
In this video interview with the successful entrepreneur and Dragon, Theo Paphitis, compares the business owner to the entrepreneur and tells a story of how a sack of potatoes saved him from a potentially fatal parachute experiment. Hear about whether Theo prefers to work alone or with in a partnership and his expert advice on stacking the cards in your favour. Market research and knowing your product are key ingredients to a successful entrepreneur and Paphitis recommends always saying one step ahead of the game.
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