This month's blog follows Peter Hill, who in 2018 appeared on BBC's Dragons' Den and won an offer of investment for his inventions, Pedaldish: The Lunchbox for Pets and Katfone: The Ultrasonic Whistle for Cats. Peter used BIPC Birmingham to get advice on registering his trade mark. Since then, Peter has gradually reduced his day job hours and this week he's got a big decision to make...
As well as the product side of my business, I’ve developed a series of lectures, team games and skills workshops to guide people through the core skills needed to start a new business. This summer, I have a decision to make: do I sell my inventions and focus on public speaking? This is the week I made my decision.
Monday 10.00. Wake up. As a night owl, I’m rarely asleep before 01.00. A product order came through, last week, for 210 Pedaldishes and 500 Katfones. I said I’d ship the order this week, without having double checked that I’ve got the stock ready, and the clock’s ticking. I might have to spend today assembling Pedaldishes from parts, to make up the order.
13.00. The warehouse guys are being amazing. We’re just six products short, so with a quick bit of assembly and a quality check, the shipment is ready to go.
16.00. I email the warehouse the shipping documents and confirm with the customer the order will be with them on Thursday.
17.00. I log off the computer feeling I’ve forgotten something. I haven’t, but being a one-man band, I’m always asking myself whether I’ve missed anything.
19.00. The weather is getting hotter. I go for a country walk and make plans for next weekend. Coronavirus restrictions have lifted in Wales and I’ve made plans to go camping.
Daily score: Usefulness: 75%, Enjoyment: 30%
Tuesday 11.00. I still have a part-time job at the local council. My trade is as a community worker. This is less glamourous than being an inventor and entrepreneur but it has a guaranteed income, and is much more interesting than handling stock shipments. I’m now working from home; Skype is my only means of interaction with my colleagues. It’s a rubbish substitute for real contact.
Daily score : Usefulness: 50% Enjoyment: 60%
Wednesday 16.00. The Library of Birmingham's BIPC has asked if I’d be interested in doing some more business presentations. The most enjoyable parts of my business have been conducting lectures, team games and skills workshops. Since winning investment on the BBC’s Dragons’ Den, I’ve been in demand as the most minor level celebrity you can imagine. I spend today designing a new business team game around eggs. The teams have to buy materials to protect an egg, which is then thrown out of the window. The team who protect their egg, and spend the least amount of money win; this is great for teaching planning and budget management, but I need to think about health and safety.
Daily score: Usefulness: 65% Enjoyment 70%
Thursday 15.30. I get confirmation the shipment, I sent on Monday, has arrived. I quickly cut and paste an invoice and email it. My thoughts turn to the weekend ahead and my greatest passion: the outdoors.
18.00. One of the great things about being in business, is that you network and hear about new ideas and products. This February, I found out about a product called Tent Box. It’s a solid frame pop-up tent which fits onto a roof-rack. With one fitted on top of my car I now have an instant place to sleep in isolation, even if the campsites are not open.
22.00. The car is packed and my kayak strapped down on the roof.
Daily score: Usefulness: 40% Enjoyment 40%
Friday 6.00. I discover there is a 6am, as well as a 6pm! I’ll tell someone when I’m more awake; for now the beaches, rivers and hills of North Wales are calling.
14.00. I park on a pathway on the edge of a deserted tidal estuary, Snowden in the distance. Checking the tide times, I can see how far the water will come tonight. As long as I park up at high tide, I’ll have 12 hours without the risk of being carried away. Having been in self-isolation since March, I’m finally in true isolation. My phone is turned off. And my thoughts switch on.
16.00. I’m walking along a deserted sandy beach. I invented my last business team building game here, maybe I’ll find inspiration again. After walking in the surf for two miles, passing one person, I’ve come up with an idea for my egg dropping team building game; what if I tell the participants, the week before, what the game is? The really astute ones can go online and look up the best ways to protect an egg and maybe even practice. This will show how valuable prior knowledge and experience is when approaching a business task. I begin to wonder if I sent an invoice for the last order of Pedaldishes and Katfones? My inspiration, like the sun, is falling.
20.00. I’m sat by a river with a coffee made in the local pub. Dyslexia means that I rarely read books, but since the invention of Audible.com, I can listen to the world’s finest literature. Today, I’m listening to the autobiography of comedian Eddie Izzard. I gave up hosting my own stand-up comedy show to invent products. Maybe I should combine the two and focus just on business presentation.
23.30. With the high tide come and gone, I pop open my roof top tent, modified since purchase with every gadget and comfort, and drift asleep on the four-inch memory foam mattress to the sound of the waves.
Daily score: Usefulness: 35% Enjoyment 85%
Saturday 8.30. Worried that I might be breaking some obscure by-law, I wake up quickly, compress down my tent and watch the rising sun. Today I can walk, kayak and swim, with my phone switched off and no one to speak to.
18.00. With a day spent on the beach and trekking into the hills, I wonder if I should focus my efforts on being a business speaker 100%; it feels like the right direction.
21.00. I may have miscalculated the tide. With the water rising I’m in danger of being flooded. Always have a plan B: I can retreat to higher ground. The tide licks the car wheels, and finding them not to its taste, retreats. Time to relax again and watch the sky turn every shade of blue to black.
Daily score: Usefulness: 5% Enjoyment: 90%
Sunday 16.00 With the risk of rain forecast, I make my way home, via a night-stay in Shropshire at my parents’ house. I walk through the pine woods and cross the place where I first thought up the name Katfone. A wholesaler has emailed me an offer to buy the brand, and the remaining stock. My designer wants to run with Pedaldish. Maybe it’s time to move on.
Daily score: Usefulness: 20% Enjoyment 70%
Monday 11.00. I drive to the River Severn outside Shrewsbury and kayak 12 miles, downstream. I always imagined, when I didn’t have to work full-time, that I would spend my Monday mornings on the river. In the last four years, I’ve managed it three times.
21.00. I’m back home. I have a name for my new venture as a business presenter: Peter the Speaker. I’ve bought the .com and drafted a logo. Now all I have to do is agree to sell Katfone and walk away. I’ll leave it until tomorrow or maybe the day after…
Daily score: Usefulness: 20% Enjoyment 80%