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.

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