American Express has launched the second series of its popular Money Minutes podcast. The series delves deeper on the main financial challenges that small business owners frequently face – and provides listeners with tools and insights to tackle them – with the help of some of the UK’s most successful entrepreneurs.
The six-part series sees the podcast’s new host Sharmadean Reid MBE, founder of The Stack World, a mission-driven platform to support women in the workplace, speak to top entrepreneurs, drawing on experiences from their own growth journey and how they responded to specific business challenges.
The new series aims to provide valuable insight during challenging times for small business owners. Recent research of UK SMEs from American Express1 found that while many are showing great agility, most notably by diversifying their customer offer (54%), over a quarter (28%) are looking at additional ways to improve their cashflow.
Money Minutes is available via all major podcast streaming sites, including Apple Podcasts and Spotify, with the first weekly episode airing 4 October.
Kicking off the six-part series is Will Butler-Adams OBE, Chief Executive of Brompton Bicycle, who shares his experience and advice on successfully expanding the business into international markets. Other inspiring guests in the series are:
- Alessandro Savelli, Founder and MD of Pasta Evangelists shares his experience of building a subscription model business
- Victoria Prew, Co-Founder and CEO at HURR will explore how to scale a business through partnerships and collaboration
- Aron Gelbard, CEO and Co-Founder at Bloom & Wild talks on how to manage a global supply chain
- Alexandra Depledge, MBE, CEO and Founder of residential architectural platform Resi, discusses overcoming challenges and improving resilience
- Sarit Packer, Chef, Author and Founder of Honey & Co, explores the art of keeping personal and business finances separate
As a successful entrepreneur, Sharmadean Reid knows first-hand the challenges businesses face, from hiring the first employee to securing funding for growth. She said: “I know from my own experience that starting and growing a business is incredibly tough and presents multiple challenges. The aim of the latest series of Money Minutes is to provide insights that help small business owners tackle those challenges, dealing with a number of big money topics. I’m excited about the great line up of guests and can’t wait to tap into the wisdom of these inspiring entrepreneurs.”
Amanda Salt, Vice President, Small & Medium Enterprises, UK Card Services, added: “We’re committed to backing small businesses so are delighted to bring back our inspiring Money Minutes podcast. This series could not be more relevant for small business owners as, during uncertain times, learning from fellow entrepreneurs about how they have innovated and their advice on tackling tough business challenges will be invaluable.”
As part of its continued support and backing of small business, American Express has also recently launched its Business Class: First Impressions video series, challenging a number of stereotypes about entrepreneurs, as well as uncovering fascinating stories behind small business ownership. The videos can be viewed on the Business Class website.
1 Figures are based on fieldwork conducted by Opinium on behalf of American Express. Fieldwork was undertaken between 27th May 6th June 2022, amongst 1,008 SME senior decision makers, including more than 200 at UK small businesses of 10-49 employees.