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Non Executive Directorships

NED for Virtualnonexecs.com

Location: Preston

Date Posted: 16/08/2019

Closing Date:

£30,000/year

In 2010 I set up a company to market accounting and payroll products called xxxxx. We were the first to successfully market with Google and rode the Adwords wave better than any of our competitors, building, within 5 years, the biggest business of its type in the UK with 80 staff and a £100m+ turnover. In 2016 after a legislation change and for family reasons I decided to sell my shares.
The flaw in xxxxxx was its focus on a single product. I wanted my next project to promote a wide variety of products to give longevity to the model. I read an article about uSwitch’s sale to ZPG for £200m. I researched uSwitch and found that it was essentially a marketing hub using lots of whitelabels and partnerships to generate revenue from TV advertising and content marketing, and with a focus on energy switching.In 2017 I decided to begin the project. In the beginning no partners were interested until we had a fully functioning website so I built version 1. That got the ball rolling with building content, whitelabels and partnerships. I worked on a version 2 of the site and becoming authorised as an AR, which we currently are. I spent about 12 months experimenting with all types of marketing Google, Facebook, Mail etc building up an idea across all sectors what would work, not work and why.By December 2018 we were ready to trade and to begin in earnest. I had decided that a focus on niche motor finance would best suit the types of marketing that I was focused on. Between then and now we have built on the marketing campaigns, integrated a fantastic CRM, built a panel of lenders and starting to see success in building a network of referring dealers. In the last week of June we had approved £369,000 of finance in a single day, within a week we had pushed that figure to £780,000 in one day. Two weeks later we have just approved £2,700,000 of motor finance in one day. We have just taken on another two sales people for the motor finance team. We are looking forward to building on this success over the coming year.Key points about our business: I am a trained software developer and have successfully built and sold a number of businesses including xxxxx. I am a member of the IoD and have passed the certificate in company direction. I have served on a number of boards including a major football club. The current company (CONFIDENTIAL) is entirely self funded is now profitable. We have a cash reserve of £six figures to continue the growth the business before considering other forms of funding. Or we may just grow organically.This is very much a business in the start up phase. We are building our motor finance team quite rapidly, currently 4 sales people. At some points this week we were seeing a motor finance application every minute.Our business is currently an Appointed Representative of (confidential) Compliance Ltd. We are in the final phases of our direct authorisation application having had a case officer assigned for some months.We own all of our own IP.We have a number of white-label partners.There is a core focus on Social Media marketing and I intend for us to ride the coming social media advertising wave.NON-EXEC – Ideally contacts in the finance marketFCA approvedKnows how to maximise the opportunity in each sector we operate inAn understanding of internet marketingHappy to travel to the Isle of ManCan you help us grow the business? Get in touch by sending a full CV.

Benefits:

  • Work from home opportunities
  • Bonus scheme
  • Flexible working hours
  • Profit sharing/share options

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