60-second start-up: LoveOnlineDeals.com

0-5 seconds: Sum your business up in a sentence

 

We are the UK's search and comparison website for local daily deals.

5-10 seconds: What's the business model?

We earn revenue from commission on sales, cost per click and companies that pay to be featured.

10-15 seconds: Who are your competitors?

 

I don't think of competitors.

15-20 seconds: What's your USP?

We are online, stress free and user-friendly. The site offers a personalised daily deal account and email; users can filter their daily deals based on personal preferences. We don't send out any marketing spam or unwanted offers to our users - keeping those inboxes clean is our priority.

20-25 seconds: How have you funded it so far?

At first, through personal finances followed by a round of investment shortly after launch.

25-30 seconds: What were you doing before?

I was studying business enterprise at university and secretly planning my path to global internet domination.

30-35 seconds: Where did the idea come from?

Friends, family and colleagues complaining about daily deal overload from the likes of Groupon; I'm sure I even heard my own inbox complaining.

35-40 seconds: What's the smartest thing you've
done so far?

I have done what I set out to achieve; I started my own successful business and escaped the 9-5 Grind; the world is my oyster.

40-45 seconds: What's the stupidest?

I wasted four years of my life at university learning from pre-written one model texts books with a very narrow and old fashioned view on the business world; it's now time to unleash the entrepreneurial beast from within.

45-50 seconds: If your business was a biscuit,
what would it be?

A Jammy Dodger, that's everyone's favourite, isn't it?

50-55 seconds: What idea are you a bit jealous of?

Fiverr.com. It is such a simple, yet creative, concept and it is extremely profitable.

55-60 seconds: Where are you going to be in
12 months' time?

The business will be bigger, better and stronger than ever before; I have many more tech ventures planned for the future.

For more information click here, www.loveonlinedeals.com.

We use cookies to create the most secure and effective website possible for our customers. Full details can be found here