Profiling a Prince’s Trust supported entrepreneur
Sri Lanka born entrepreneur Robert Rajeswaran is passionate about solving what he describes as the ‘digital skills crisis’ by training young people to code in after-school and holiday clubs. Taking young people on a voyage of discovery – into the world of web development – reflects his own journey from an early age as a refugee, through countries and schools across the world. This may also explain why he comes across as a man in a hurry.
Within 15 months of starting his own business – Robert is founder of the GoCode Academy based at NatWest’s Entrepreneurial Spark facility in Milton Keynes – he has reached 3,000 children aged 6 – 18 and now has four fulltime staff.
A thirst for control and change
The roots of his success can be traced back to Robert’s dissatisfaction with a career start in investment banking in London where his work-life balance was compromised by long hours and where low expectations meant that progress was slow. A frustrating two years of being a small cog in a massive machine was followed by a fast-moving, fast-learning period with a financial technology start-up company. This experience inspired Robert to start his own business – to have more direct control and to make a real impact.
Robert credits NatWest’s Entrepreneurial Spark programme with giving him the space to explore – to find out what works well, to develop an openness to change. He warns would-be business owners about what he calls the “ugly baby syndrome”. Giving birth to a precious new business can blind the entrepreneur to the shortcomings of the new arrival. “Take constructive feedback” advises Roberts who credits a mentor with giving him guidance on how to ‘unfail your start-up’.
Building the team
Looking ahead, Robert is keen to grow his business – to generate the cash to increase capacity, to employ more people, and get his own space. But scaling up is not without its problems, as Robert acknowledges “Letting go is still difficult. When the business is part of you and you breathe it all the time – you recruit people who think like you and are as dedicated as you are. I’ve always tried to hire people who are passionate and share my vision.”
This may involve recruiting people who work in different ways. This can be beneficial – bringing in fresh ideas – but when it doesn’t work? “Hire fast and let them go early” is Robert’s short, sharp reply. He also warns against hiring family and friends. “Keep them outside the business – to keep those relationships strong. You can ask them for help and advice but they probably won’t challenge you. A good thing about hiring strangers is that you have to really sell your ideas – to get your views across convincingly to get them onboard.”
Robert’s man-in-a-hurry persona shines through again when he reflects on his experiences of the Prince’s Trust Enterprise Programme which he signed up to in London before joining Entrepreneurial Spark. Describing the 4-day ‘Explore Enterprise’ course politely as ‘well-paced’, he is less complimentary about the pace of change that followed. “I like to move fast and it took 18 months to develop a business plan. You can spend too much time planning.”
This ‘fail fast, fail cheap’ mentality extends to Robert’s top tips for other young entrepreneurs thinking of starting a business. “Get out to your customers as soon as possible. Before you’ve developed your product talk to them – get further faster with early testing. Spend less time on details – like business name and logo – time and money are in short supply when you start a business.”
About the business – http://gocode.academy
About the entrepreneur – http://tamilculture.com/child-refugee-tech-entrepreneur/#
About The Prince’s Trust https://www.princes-trust.org.uk/help-for-young-people/support-starting-business
For further profiles on Prince’s Trust supported entrepreneurs, click here https://enterpriseessentials.wordpress.com/category/experts-by-experience