Video My Business: Edward George
The young founder discusses taking the entrepreneurial plunge and his aim to connect businesses to the world of video
Name: Edward George
Company name: Video My Business
Location: South West
Number of Employees: 2
Date launched: 01/08/14
Tell us what your business does:
Video My Business provides a quick and effortless way for UK businesses to get in contact with local UK video producers . We do this in the form of an online directory website listing instantly viewable and searchable video producers.
Where did the idea for your business come from?
The idea came from my background in photography. With the idea originally orientated around photography, it was not until I spoke with my father and realised how he had found it very difficult to find video producers for his business. It was at this point we both realised how quality video was very much missing from thousands of UK businesses, providing a perfect opportunity for us to show just how beneficial video can be for any business.
How did you know there was a market for it?
I did months of research by talking to video producers and businesses, and establishing how best to implement our business model and provide the best solution for both parties.
What were you doing before starting up?
I previously studied photography at university, however it simply wasn’t challenging enough so I dropped out to start Video My Business.
Have you always wanted to run your own business?
Yes, with a very strong entrepreneurial family background it has always been a dream to run my own business.
How did you raise the money?
We raised the money to launch the business by securing private investors.
Describe your business model and how you make money:
We charge a flat fee of £20 a month to video producers in exchange for generating them leads and inquiries. Our service is free for businesses.
What challenges have you faced and how have you overcome them?
Many challenges. The biggest has been recruiting video producers, although with 68 and counting in the last 6 weeks we feel we have slowly started to overcome the difficulty of getting video producers listed.
What was your first big breakthrough?
The biggest breakthrough was getting over our biggest challenge so getting 68 video producers signed up in just six weeks!
What advice would you give to budding entrepreneurs?
Work and play balance is so important. It’s so easy to get drawn into your business and overwork yourself. Make sure you take time off and relax otherwise your work suffers as I found out to my expense.
Where do you want to be in five years’ time?
Changing more industries for the better and providing services that makes everybody’s lives easier.