BIP Chat with Penny Power OBE

Penny Power OBE

Penny Power OBE introduces 'BIP Chat', interviews with our BIP100 Club experts. BIP stands for 'Business is Personal' and that is what we are all about. BIP100 exists to support experts and small business owners who would like to belong to a smaller community and grow their skills and confidence so they can build a stronger business, with more predictability and enjoyment. www.bip100.club

  1. BIP Chat with Tim Meadows-Smith - Bringing Lost Joy to Founders

    07/04/2025

    BIP Chat with Tim Meadows-Smith - Bringing Lost Joy to Founders

    Penny chats to Tim Meadows-Smith, an Enterprisation Architect, with Multiple Non-Executive Director and Chairman roles. Tim is a Champion of StartUp Suffolk and Investment Partner at K2 Business Partners and saves businesses by making them work productively. As Tim says, "Exceptional, positive, tenacious, problem-solving people should be joyous, not trapped, and not failing. We don’t have a distressed business turnaround industry, we have a liquidation industry, and it’s wrong." During this chat, Tim and Penny discuss: - the startup culture that leaves great people stranded for want of honest conversations and some support in spreading the relatively simple processes which sustain enterprise. - how people hope, intend, to found a business to do things better, but usually create a job with a terrible boss, and it really doesn’t have to be that way. - why the most common sign of a business that is on the road to going bust is agreeing to invoice finance, of factoring. Giving up most of your margin to get money in a bit sooner. Tim explains how if he can get to businesses first he can help them get out of the arrangement and on a sustainable footing. They think they want money, which is like a drug, they actually need process and strategy to build enterprise. Instead of liquidation, keeping unsecured creditors tied to assets gives a strong chance of recovery, rather than a domino-effect of misery. You can connect with our expert here: www.linkedin.com/in/timmeadowssmithbusinessdoctor To find out more about connecting with the BIP100 community of experts, please visit our website: https://bip100.club/members-directory/

    29 min

About

Penny Power OBE introduces 'BIP Chat', interviews with our BIP100 Club experts. BIP stands for 'Business is Personal' and that is what we are all about. BIP100 exists to support experts and small business owners who would like to belong to a smaller community and grow their skills and confidence so they can build a stronger business, with more predictability and enjoyment. www.bip100.club