The Boardroom with Richard Farleigh

Richard Farleigh

Hi, I’m Richard. Former BBC Dragon , Author , Media Commentator , Economist , Investor , 120 + Businesses , Chess Olympian , Speaker , PhD Hon, and Care System Survivor "The Boardroom" consists of different formats. The newest is Farleigh's 5, which has Richard in conversation discussing five brief ideas that he had during the week. Some serious, some slightly whacky. The podcast also contains episodes of Richard watching Dragons' Den with a friend, and episodes of him in conversation with successful and interesting guests.

  1. Aug 10

    Are Dragons' Den Valuations Making Any Sense? | My View on the Latest Episode

    What happens when I watch modern-day Dragons' Den and start questioning some of the valuations and investment decisions? In this episode of The Boardroom: Dragons' Den Watchalong, I’m joined by entrepreneur Jon O'Donnell as we revisit the Den and analyse a series of very different pitches. From a pre-revenue parenting app to an established baking business and an AI-powered cat flap, we discuss the questions I would be asking as an investor and why I think some of the valuations and decisions in the Den don't always add up. I share my thoughts on valuations, revenue multiples, profit, due diligence, patents and what entrepreneurs really need to prove before asking someone to invest. We also discuss whether the Dragons are sometimes too influenced by presentation, personality and their own areas of expertise. And, of course, I couldn't resist getting involved when we reached the final pitch… What should these businesses really be worth? Would I have invested? And what can entrepreneurs learn from watching the Dragons make their decisions? #theboardroom #dragonsden #entrepreneurship #businessgrowth I also write a free weekly newsletter about business, investing and entrepreneurship. You can read it here: https://richardfarleigh.substack.com. 📲 Follow Richard Farleigh: Instagram - https://www.instagram.com/richardfarleigh/ LinkedIn - https://www.linkedin.com/in/richard-farleigh-7a0a1616/ TikTok - https://www.tiktok.com/@richardfarleighhq 🔔 Subscribe for weekly conversations on entrepreneurship, investing, strategy, and the real side of business. Chapters 00:00 – Watching the latest Dragons' Den 00:41 – My first thoughts on Cubby 02:22 – Why I question the valuation 04:05 – Should they leave their jobs? 06:28 – Why I think it’s a massive commitment 09:26 – The Dragons start making offers 10:00 – Where are the numbers? 11:36 – Have Dragons' Den pitches become too polished? 13:06 – My reaction to Craft & Crumb 15:16 – The numbers finally come out 16:57 – Why I don’t understand the Dragons’ decisions 19:09 – My take on the Portaloo business 21:17 – What I learned about patents 23:50 – Why I think this is the best pitch so far 25:24 – The £100k offer for 20% 27:05 – Why the entrepreneurs reject the deal 28:16 – My reaction to OnlyCat 30:00 – £750k in pre-orders changes everything 31:42 – When the Dragons lose the plot 33:45 – Why I would invest 35:05 – I make an offer 36:52 – The deal is done 38:31 – My biggest takeaways from the episode 39:45 – How I value a business 41:00 – My final thoughts Learn more about your ad choices. Visit podcastchoices.com/adchoices

    Are Dragons' Den Valuations Making Any Sense? | My View on the Latest Episode
  2. Jul 27

    How to Spot Million-Pound Business Ideas | Thea Green on Building a Global Beauty Business

    How do you build one of Britain's best-known beauty brands from scratch? In this episode of The Boardroom, I sit down with Thea Green, founder of Nails Inc, to explore the entrepreneurial journey behind one of the UK's biggest beauty success stories. Starting as a fashion journalist, Thea spotted a simple idea in New York that didn't exist in Britain. Rather than reinventing the wheel, she adapted an already successful concept, built a powerful consumer brand around it, and transformed the way millions of people think about nail care. Whether you're launching a startup, scaling a business, investing in founders or simply fascinated by great entrepreneurial stories, this episode is packed with practical insights. 📲 Follow Richard Farleigh: Instagram - https://www.instagram.com/richardfarleigh/ LinkedIn - https://www.linkedin.com/in/richard-farleigh-7a0a1616/ TikTok - https://www.tiktok.com/@richardfarleighhq 🔔 Subscribe for weekly conversations on entrepreneurship, investing, strategy, and the real side of business.#Entrepreneurship #Business #StartupFounder #beauty #NailsInc Chapters 00:00 Introduction 00:26 The Nails Inc origin story 01:20 Spotting an opportunity from the US 03:20 Leaving journalism to start a business 05:05 Why journalists become great entrepreneurs 06:10 How to predict the next big trend 08:15 Why every business should obsess over the customer 09:05 Why nail bars didn't exist in Britain 10:30 Turning an idea into a business plan 11:20 Testing ideas before spending money 12:50 Raising the first investment 15:00 Building the Nails Inc brand 20:30 Scaling through retail 27:00 Innovation in the beauty industry 33:30 The future of beauty brands 37:30 My failed beauty startup 39:10 Why Thea decided to sell Nails Inc 39:40 Final lessons for entrepreneurs Learn more about your ad choices. Visit podcastchoices.com/adchoices

    How to Spot Million-Pound Business Ideas | Thea Green on Building a Global Beauty Business
  3. Jul 13

    Is AI Creating a Bubble? | Alan Trefler on How AI Will Change Jobs

    Artificial intelligence is changing business faster than almost any technology we've seen before. But is AI creating another tech bubble? In this episode of The Boardroom, I'm joined by Alan Trefler, Founder and CEO of Pegasystems, the multi-billion-dollar software company he started more than 40 years ago. We discuss why Alan believes today's AI boom is creating unrealistic expectations, how enterprise software is evolving, and why businesses need to think differently about using AI if they want long-term success. We also talk about how AI will transform jobs, why programming is changing forever, the rise of "vibe coding", and what young people should be studying to prepare for the future. Along the way, Alan shares the story of building Pegasystems from three people with an idea into one of the world's leading enterprise software companies, including the lessons he learned from landing some of America's biggest banks as his very first customers. #theboardroom #dragonsden #entrepreneurship #ai #innovation I also write a free weekly newsletter about business, investing and entrepreneurship. You can read it here: https://richardfarleigh.substack.com. 📲 Follow Richard Farleigh: Instagram - https://www.instagram.com/richardfarleigh/ LinkedIn - https://www.linkedin.com/in/richard-farleigh-7a0a1616/ TikTok - https://www.tiktok.com/@richardfarleighhq 🔔 Subscribe for weekly conversations on entrepreneurship, investing, strategy, and the real side of business. Chapters 00:00 Is AI creating a bubble? 00:24 Meet Alan Trefler, Founder & CEO of Pegasystems 01:42 Chess, computer science and the start of a career 02:44 The idea that became Pegasystems 04:30 Solving enterprise workflows 05:22 Bootstrapping the company 06:38 Winning the first customers 09:06 Landing two of America's biggest banks 09:45 Building products with customer feedback 11:58 Preventing customers from building it themselves 13:31 Why today's software industry is confused 14:50 What everyone is missing about AI 20:24 The hidden cost of AI 22:18 Who will win the AI race? 24:23 Is AI becoming a bubble? 24:45 How AI will transform jobs 26:29 The rise of "vibe coding" 28:15 Smaller teams, faster software 30:22 Can established software companies survive AI? 31:37 The US, China and the AI race 32:19 Cybersecurity and AI risks 35:30 What young people should study for the future 39:00 The skills AI can't replace 42:22 Final thoughts Learn more about your ad choices. Visit podcastchoices.com/adchoices

    Is AI Creating a Bubble? | Alan Trefler on How AI Will Change Jobs
  4. Jun 29

    The Truth About London's Wildest Trading Floors | Drugs, Insider Trading & Psychopaths

    What was life really like inside the City of London during the financial boom? In this episode of The Boardroom, I sit down with former stockbroker, journalist and bestselling author Geraint Anderson, better known as City Boy, to discuss one of the most controversial periods in modern finance. Geraint shares how he went from selling trinkets on beaches in Goa to earning huge bonuses in investment banking before exposing the culture of excess from the inside. We discuss the reality behind the headlines, from insider trading and lavish client entertainment to whether finance really attracts psychopaths. #theboardroom #dragonsden #entrepreneurship #entrepreneurship #cityboy #investmentbanking #finance I also write a free weekly newsletter about business, investing and entrepreneurship. You can read it here: https://richardfarleigh.substack.com. 📲 Follow Richard Farleigh: Instagram - https://www.instagram.com/richardfarleigh/ LinkedIn - https://www.linkedin.com/in/richard-farleigh-7a0a1616/ TikTok - https://www.tiktok.com/@richardfarleighhq 🔔 Subscribe for weekly conversations on entrepreneurship, investing, strategy, and the real side of business. If you enjoyed this conversation, you can find Geraint's books here: How to Con Friends and Manipulate People, out on 2nd July Geraint's latest satirical book explores the psychology of manipulation, psychopathy and power through the voice of a fictional psychopath. Click Here: https://geni.us/YsMum Chapters 00:00 The Truth About City Life 01:35 From Goa to Investment Banking 05:47 Traders vs Salespeople 08:40 What Really Drives Success? 10:32 The Birth of City Boy 13:16 Footballers, Brokers & Party Culture 15:03 Why Geraint Left Finance 16:03 How to Win in Investment Banking 18:23 "The Hand Deserved To Be Bitten" 19:38 Are There Psychopaths in Finance? 22:07 Richard Takes the Psychopath Test 23:49 Can Psychopathy Be an Advantage? 26:12 The Traits of High Performers 27:46 Richard on Attachment & Success 30:00 The Psychology of Business & Leadership 37:08 Final Thoughts Learn more about your ad choices. Visit podcastchoices.com/adchoices

    The Truth About London's Wildest Trading Floors | Drugs, Insider Trading & Psychopaths

About

Hi, I’m Richard. Former BBC Dragon , Author , Media Commentator , Economist , Investor , 120 + Businesses , Chess Olympian , Speaker , PhD Hon, and Care System Survivor "The Boardroom" consists of different formats. The newest is Farleigh's 5, which has Richard in conversation discussing five brief ideas that he had during the week. Some serious, some slightly whacky. The podcast also contains episodes of Richard watching Dragons' Den with a friend, and episodes of him in conversation with successful and interesting guests.

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