ISSUE 5 NOVEMBER 2019 DARE CREATE SUCCEED
It’s Raining Entrepreneurs! THE MASTER STEPS BACK IN SHOCK AT DRAPER’S PRESENTATION… Page 26
ENTREPRENEURSHIP ENTREPRENEURSHIP AND AND EDUCATION WITH ART WITH SPIRIT DE LA CHRIST’S HOSPITAL MARE SCHOOL Page 13 Page 11 PROMOTING EXCELLENCE
191021_Cadence_GoE.indd 1 12/11/2019 16:58 THIS ISSUE LORD MAYOR’S INTRODUCTION
I was delighted to have been asked to welcome readers to this magazine, especially since the last edition was such a joy to read, and I know this current publication will be equally so.
When I became Lord Mayor in November 2018, I committed myself to a programme that was titled “Shaping Tomorrow’s City Today.”I was determined to use my Mayoral year to promote innovation and technology, champion digital skills, and address social and digital inclusion.
Entrepreneurship plays a critical role in delivering on these three goals, especially as it has always been a cornerstone of the City’s activities. Today, with the Fourth Industrial Revolution upon us, entrepreneurs continue to make significant contributions to fulfilling this vision and shaping tomorrow’s city. Your work to harbour the “mysteries” of entrepreneurship, and your commitment to maintaining City values – underpinned by your mantra, “Dare, Create, Succeed” – make for a heady mix. Your presence is felt in the City, while your impact in fostering those from our surrounding communities are both noted with admiration. We all share in your entrepreneurial spirit.
May I thank you for your continued support for the City and the Lord Mayor’s Office. As we move into the coming year, I also wish to thank your Master Peter Hewitt and bid his successor, Rick Lowe, a successful year in office. The Rt Hon. the Lord Mayor,
The Rt Hon. The Lord Mayor, Alderman Peter Estlin Alderman Peter Estlin
Page Skydive 26 Lord Mayor’s Introduction 2 Raleigh 400 28 From The Master 3 The Defence Academy of the United Kingdom 30 Installation Court 2018 4-5 Transforming Conflict 31 Welcome to New Freemen 6-7 Copycat, copycat sitting on your door mat! 32 Whirlwind Year for the Outreach Committee 8 Master Elect Rick Lowe 33 When coffee ruled the city 9 Adapting to the changing face of work 34 In Memory: Founder Freeman Rosemary Smith 10 The Appreciation Supper 35 A year in Entrepreneurship at Christ’s Hospital 11 Ask an entrepreneur series 36 The Spring Breakfast 2019 12 London Business School Summer School 37 The Guild’s Bystander 13 UKDA the Guild create Entrepreneurs’ Prize 39 Sponsorship 14 Master’s Weekend 2019 40 Inspirational speech - Elizabeth Corley 15-16 Communications Committee Update 2019 43 An Entrepreneurial Journey Out and In 17 Serendipity? 44 Freeman Arnab Dutt 18 Why would anyone listen to me?... 45 The Invisible Chaplain who ‘Eats for Jesus’ 19 News snippets 46-47 The Guild’s Church 20 The Guild of Entrepreneurs Trust. 48 Chief Executive’s 2019 report 21 New Court Assistants 49 Growing Pains Initiative 23 Results of the Election Court 2019 49 Business Valuations 24 Welcome Gary Dixon 50 Exit Planning 25 Freeman 51
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191021_Cadence_GoE.indd 2 12/11/2019 16:58 INTRODUCTION
The Master, Hon Gp Capt. Peter LR Hewitt JP, together with his wife, Fidelma, and daughters Joanna and Michaela
FROM THE MASTER
Dear Reader,
A very warm welcome to our 5th annual edition of Dare, Create, Succeed, which showcases the work of the Guild of Entrepreneurs throughout the 2018-19 Guild Year.
It has been a great honour to have served as the 5th Master Entrepreneur - my ambitions for the Entrepreneurs at the outset of my year were three things:
Firstly, the creation of an ‘internal market’ for services for Freemen Entrepreneurs – this is operating on the website. This gets back to the roots of the Livery by ‘quality assurance’ of the services provided.
Secondly, was to continue the legacy of Raleigh400 (my ancestor Sir Walter Raleigh died 400 years ago in 1618). Last year’s Raleigh400 event was a great success and paved the way for this year’s Guild of Entrepreneurs Raleigh Lecture to be held on December 3rd at Drapers’ Hall. This brings together academic research by Queen Mary University London, Entrepreneurs and 6th form pupils from more than 20 Livery schools (as well as Livery Masters) to discuss and debate the subject in hand.
Finally, raising more money for the Trust. This is a core element of the Guild’s Progression to Livery status and requires us to have at least 150,000 in the Trust account. At the beginning of the year we started with barely £35,000 and I am delighted to say that, at the time of writing, we have over £100,000. This was a team effort with some significant individual donations, the tandem Parachute jump with the Red Devils in July but most importantly, small amounts from individual Freemen.
Inside this magazine, you will see just how enormously busy the Guild has been in 2018-19 – not only in its philanthropy and support for the profession, but also in fellowship and in fun. The work of the many Committees of the Guild and the Guild’s Trust has been tireless this year and I would like to express my personal gratitude to all those who have so generously given of their time.
I would also like to express my personal thanks to our Clerk, Duncan Simms who has nobly risen to the challenge of managing a group of Entrepreneurs, no easy task! Our events are now seamless and our ceremonial, is I believe, as good as any established Livery Company. I would also like to thank the Drapers’ Company and, in particular, the Clerk, Colonel Richard Winstanley OBE, who has provided significant support to the Guild over the year.
My sincere thanks to all Freemen, and especially the Communications Committee, who have worked to produce this excellent magazine. I sincerely hope that you will enjoy reading it and will find yourself as inspired as I am by entrepreneurship and by our entrepreneurs. Best wishes, Peter Hewitt Master Entrepreneur, 2018-2019
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191021_Cadence_GoE.indd 3 12/11/2019 16:58 Installation Court 2018
A little night music
Immediate Past Master Lee Robertson hands over the reins to Master Peter Hewitt The Masters of the Marketors, the Entrepreneurs, the Drapers and the Cutlers
2018 / 19 Wardens A view from the nave - the Reverend Canon David Parrott starts proceedings
Admitting new Freemen to the Guild
Mrs Judy Hadden installed as Junior Warden A stunning menu was served (as usual!) 4 guildofentrepreneurs.org
191021_Cadence_GoE.indd 4 12/11/2019 16:58 Installation Court 2018 The 2018 Installation Court was held on Book of Judges, recounting the early encounter to promotion to a Company without Livery, Wednesday 28th November at the Guild’s church of Gideon with an angel. The Hon. Chaplain by spearheading a massive fundraising push of St Lawrence Jewry next Guildhall. The 4th expounded on the story in an invigorating for the Guild of Entrepreneurs Trust. He also Master Entrepreneur, Mr Lee Robertson, opened homily, exhorting entrepreneurs to recognise and encouraged Freemen to support his Raleigh400 the Court to admit new Freemen, and to deliver embrace the importance of spiritual investment, project and the new members database of skills his valedictory remarks on an historic year for the and to encourage others in their entrepreneurial and services. Guild of Entrepreneurs, which had seen the very journeys. first grants cycle of the Guild of Entrepreneurs Sir Ken Olisa responded. As Lord Lieutenant of Trust, and the award of the inaugural grant. Drinks and dinner then followed. Braving Greater London, he was pleased to be enjoying Thanking those present for supporting his year, the November drizzle, Freemen and guests a “night off” in the City of London (which has a it was his duty to declaim the results of the 2018 made their way through the City streets, and Commission of Lieutenancy headed by the Lord Election Court, and to ask the Senior Warden, Mr were rewarded with characteristic hospitality Mayor), and commended the hospitality, and Peter LR Hewitt, to stand and swear the Master’s at Drapers’ Hall (the Entrepreneurs’ new City his host’s ambitions for the Entrepreneurs. Sir oath. home). Diners enjoyed a generous reception Ken, as a Liveryman Information Technologist, and jovial conversation, over brimming glasses confessed to knowing a thing or two about Mr Hewitt, newly installed as the 5th Master of champagne, and to the lively accompaniment ambitious young City organisations, and it was Entrepreneur, then turned to invest his of the Brigetower Quartet. Dinner was no less his pleasure to propose the final toast, and to predecessor as Immediate Past Master and to generous – sumptuously catered, with splendid wish the Entrepreneurs (and its new Master) invest the Junior and Middle Wardens in their wines – and punctuated by welcomes to new every success for the year to come. new, more senior, roles. Mrs Judy Hadden was Freemen and new Court Assistants, the singing then asked to stand and swear her Warden’s of Grace, and a loving cup. Toasts were drunk, oath, and, bedecked in royal blue robes, the new including a toast to Founder and Master, Dan suite of Officers for 2018-19 was then complete, Doherty, and the ringing of the memorial bell. A and it was the final act of the Court to swear-in colourful affair too, as a grand list of official guests Mrs Sarah Davis and Mr Mark Huxley as Court (three Ambassadors, three visiting Masters, Assistants. and representatives of the Defence Academy of the United Kingdom) was introduced by the The formality of the Court ended, and Freemen new Junior Warden, before the Master himself and guests settled in anticipation of a Service addressed the assembly. of Thanksgiving, led by the Entrepreneurs’ Hon. Chaplain, the Reverend Canon David Parrott. Setting out his vision for the year, Mr Hewitt was Master Peter Hewitt hosts a stunning event The new Master, with great aplomb, read from the clear in his ambition to steer the Guild closer
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191021_Cadence_GoE.indd 5 12/11/2019 16:58 Welcome to New Freemen
28th November 2018 - St Lawrence Jewry next Guildhall Mr Duane Bridger Mr Paul Denley Mr John Brewer
Ms Stephanie Kleyman Mr Bola Lafe Dr Anil Ohri
Mr Bhupendra Patel Mr Chandan Rajah 21st February 2019 - Furniture Makers’ Hall Mr Simon Ford 6 guildofentrepreneurs.org
191021_Cadence_GoE.indd 6 12/11/2019 16:58 November 2018 - September 2019
Mr Mark Kitchen Mr John McLaren-Stewart 11th April 2019 - Members’ Dining Room, Guildhall Mr David Dumeresque
Miss Sharon Wang 6th June 2019 - Cutlers’ Hall Mr Simon Virgo Mr Julian Hall
19th September 2019 - Pewterers’ Hall Mr Rowan Jackson MVO Honorary Freeman Professor Philip Ogden FAcSS Mr Paul Cleaver guildofentrepreneurs.org 7
191021_Cadence_GoE.indd 7 12/11/2019 16:59 Whirlwind Year for the Outreach Committee
HRH the Duke of York thanks the Guild of Entrepreneurs for their support for The Trampery’s new Tottenham venture
Another whirlwind year for the through learning something about yourself, or Trampery, a social enterprise that provides your mentee passing some words of wisdom/ workspaces and support services to start Outreach Committee comes to a knowledge back, or maybe even teaching ups and beyond; often located in areas with close, my second and last as Chair, you how to fly a drone (Ask James Talbot). It challenges and structured to provide free and as I prepare to pass the baton to is also a great privilege and you get to go to discounted spaces to those that couldn’t’ some interesting places and meet people that otherwise afford them, alongside standard Court Assistant and fellow Outreach in the normal course of your life you probably priced packages for those that can. CEO Committee member, James Talbot. wouldn’t. and Freeman elect, Charles Armstrong has built an innovative and impressive business We are a small friendly committee and this year Sometimes, when considering whether or helping entrepreneurs get the best start for their have gained two super new members, Johnny not to get involved, Freemen are concerned business and providing better opportunities Manning and David Mellor. New people bring that they may not have anything of merit to and experiences for nascent entrepreneurs with them new ideas and Johnny and David pass on to others, and that particularly young within the communities in which they are based. are already working on developing some new entrepreneurs will not find them relevant. This is and exciting Outreach connections, watch this absolutely not the case and sometimes just by Earlier in the year, myself, Senior Warden Rick space! hearing about your own entrepreneurial journey Lowe, Court Assistant Avi Lasarow, Paddy and how your battle scars were won along the Willis and the Clerk were privileged to attend Freemen often ask me what being a member of way is enough; more about this is covered in the opening of The Trampery’s new ambitious the Outreach Committee involves. Basically, we David Mellor’s article - ‘Why would anyone 30,000 sq. ft work space in Tottenham officiated support nascent entrepreneurs (young & old), listen to me?’. by the Duke of York. The Guild of Entrepreneurs or those considering an entrepreneurial path, Trust, has already made a grant to The Trampery by mentoring, delivering talks & workshops, It is always pleasing to see Outreach Tottenham, to enable a free desk to be made sharing our networks, stories of our journeys, relationships that you have helped to develop, available to a deserving local entrepreneur for a and generally assist those starting off, helping bloom and flourish. A good example of this, year and we are all looking forward to following them to avoid some of the pitfalls that might is the highly successful Ask an Entrepreneur and supporting their journey. We are all looking otherwise knock them off track or prevent them series that the Outreach Committee developed forward to supporting The Trampery Tottenham from continuing on their entrepreneurial journey. in conjunction with London Business School in any way that we can for the benefit of But it isn’t necessary to join our committee to and which has grown from an idea spawned entrepreneurship in the local community. become involved in Outreach activity, we very during a coffee bar chat to a popular, regular much need other freemen to assist as mentors, event that draws 80+ engaged LBS students Court Assistant James Talbot speakers, participants and supporters and we & alumni each time it runs. Barnaby Wynter [email protected] would be thrilled to hear from you if you would leads on this project, and also acts as compere/ be interested in this opportunity to get involved. anchorman at each of the sessions. Please do Getting involved in Outreach activities is richly come along and join us for the next one and let rewarding, not only do you get a warm fuzzy us know if you would like to take a turn in the feeling from doing something good, maybe spotlight. even life changing for another entrepreneur earlier in their journey, but you inevitably gain Another huge Outreach success story is the personally from the experience; whether development of our relationship with The
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191021_Cadence_GoE.indd 8 12/11/2019 16:59 When coffee ruled the city A brief sip of the history of the City
One of the most famous business sectors Coffee houses were regarded as part of born in this age was the insurance market, the gentlemanly world, but women were Lloyds of London – devised as merchants, welcomed into them for the purposes of shipowners and sailors met over coffee to conducting business transactions. Female discuss shipping deals. Were these innovating staff were employed, both so serve drinks patrons the forefathers of the city’s modern-day and to distribute political ephemera. It is true entrepreneurs? In a word, no. The clients of the that though women were present in this public coffee houses were usually talkers, debaters sphere, they were not participating equally. and dreamers. It was fashionable to discuss However, again we must look to the proprietors. new ideas and possibilities, but very few took Unlike in so many other professions, gender the risk to implement them. was no barrier to starting up a coffee business. The ‘coffee-women’ of Enlightenment London To find the ‘entrepreneurship of the age’, were not only a pertinent example of women’s we should instead look at the coffee house presence in the public realm, they were female proprietors instead of their customers. It entrepreneurs with real power who helped to was the Lloyd’s Coffee House which became shape the political discourse of the day. The Guild of Entrepreneurs may Lloyd’s of London. It was the proprietors who forever seem ‘new’. Even as the risked their capital to set up their businesses There is no perfect historical mirror to the Guild and, where appropriate, grow them beyond of Entrepreneurs. It remains a unique and novel years pass, it will seem new in their original scope. The similarities don’t end endeavour. However, London is full of stories comparison to some of the older there. of entrepreneurship. Stories of risk, reward and Livery Companies. innovation featuring a varied and diverse cast of The coffee shop owners also provided characters. They are not a direct history of the It will certainly always be seen as pioneering employment, put on unique, memorable events Guild, but they are a part of the heritage of any and the first of its kind in London. However, and embraced charitable endeavours. They entrepreneur. They are stories worth listening to entrepreneurship in the city has a long history took on staff directly and offered their premises and there are many more to tell. Dare, Create, and, as likeminded individuals have always for use by other groups, such as debating Succeed! been drawn together in fellowship, the Guild societies. The shops played host to displays has echoes in the past which are useful to listen of automata, waxworks and exotic birds and By the Guild of Entrepreneurs’ Honorary to. there are recorded incidences of profits being Historian, James Mellor. donated to good causes, such as providing Though the Company of Merchant Adventurers relief following a fire in Cavendish Square. in York the Society of Merchant Venturers in Bristol perpetuated the distinct craft of Perhaps what is most striking about these entrepreneurship, there was no comparable proprietors is their diversity. In a rigid, class- contemporary organisation in London. Where bound, patriarchal world, those setting up then do we find the history of the capital’s and running successful coffee businesses fellowship of entrepreneurship? were drawn from across society, not just from the upper echelons. The initial London Entrepreneurs of the city of London have coffee house on Cornhill was established by convened and co-operated since before the Pasqua Rosée, the Greek servant of a Levant Guild was established. Indeed, Past Master Company merchant. Another notable feature Dan Doherty’s ‘Entrepreneurs – City of London of enlightenment coffee establishments was the Network’ was a direct precursor. However, presence and involvement of women. what relevant historical examples exist before then and, specifically, where do we find the Guild’s heritage?
Many see the golden age of the London coffee house as a source of inspiration. During the seventeenth and eighteenth centuries, coffee became much more than just fashionable sustenance. London’s first coffee house was opened on St Michael’s Alley, Cornhill in 1652 and more quickly sprang up around the city.
Entrepreneurs may still lurk behind a laptop in a modern-day Starbucks or Costa, but the coffee houses of seventeenth century London were the meeting place for the ‘virtuosi’ and a focal point for new ideas. Prices included not only coffee, but access to newspapers and, crucially, conversation.
Previous social gatherings had served as echo chambers for pre-established groups. The coffee house brought together individuals from various walks of life whose views and opinions, when combined, could generate something entirely new. The culture was instrumental in the development of businesses, financial markets and newspapers.
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191021_Cadence_GoE.indd 9 12/11/2019 16:59 In Memory: Founder Freeman Rosemary Smith
OCTOBER 1957 – APRIL 2019.
Founder Freeman Rosemary Smith. © Judith Donovan
Everybody is taken too early and the Guild Overnight she stopped being Cassandra who knows that as much as anyone with the untimely kept predicting that ‘it’s coming, it’s coming‘. deaths of two former masters. And we now Instead, she became the hottest ticket in town, have, alas, a 3rd ‘unfair’ death’: Rosemary Smith with Blue Chip brands and FTSE 100 companies was taken from us due to cancer, only 12 months beating a path to her door. It is one of the many after diagnosis and at only 61 years old. ironies that she had the news of her Stage 4 cancer diagnosis only 4 weeks before GDPR Rosemary was an unusual entrepreneur in many came in. ways. She started her business much later than many of us – well into her 40’s. Even more But in tragedy there is often farce and irony unlikely she was a Data Protection expert! The too. Rosemary told her splendid consultant at Guild covers many businesses, initiatives and Charing Cross hospital that she couldn’t make a opportunities, but it is fair to say that Rosemary certain treatment date as she had to go to a Data was our first, and probably our only ever, Data Protection party. Naturally he wanted to know Protection specialist. more, so she ended up giving him an hour of free consultancy! Before most of us even had Data Protection on our radar, Rosemary had written the text book, The Guild was her first foray into the world of helped the ICO draft the legislation and launched Liveries, although she had been with me and her business, on the basis of her previous Dan many times to Marketers and others. I have business as a List Broker and Consultant. no doubt that if she hadn’t been poorly, she would have contemplated climbing the ladder to Indeed Rosemary is considered one of the reach high office in the Guild. I am even sadder pioneers and stalwarts of the Direct Marketing to think the Guild will not only miss her wisdom, industry in the UK, helping to found the DMA and and her friendship but also her future. serving as one of its Chairs. She was instrumental in helping to found the DMA Foundation and The country has lost a Data Protection superstar: was its first Chair. She also helped to found the the Guild has lost a founder and supporter. I have Data Protection Network. She really came into lost one of my best friends. her own when GDPR loomed. Court Assistant Judith Donovan CBE
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191021_Cadence_GoE.indd 10 12/11/2019 16:59 A year in Entrepreneurship at Christ’s Hospital
2018/19 marked the third year of February-March 2019 their experiences of creating new businesses. The Sheriff’s Challenge From sports science and genetics; cocktails and the partnership between the Guild of 2019 started with a team of three Year 12 sweets; banking; human resources and FinTech; Entrepreneurs and Christ’s Hospital students, ably supported and coached by and careers coaching and consulting - all the –Europe’s leading independent Freemen Paddy Willis and David Mellor, taking panellists shared brief highlights about their part in the 2019 Sheriffs’ Challenge. An inter- business journey with the students. After the school for children from socially school, two-round competition, the Challenge panel discussion, the students were given the and economically disadvantaged entailed the delivery of a presentation on ‘What chance to ask questions and network with the backgrounds. will be the key impacts of the digital revolution on panellists to gain further career insights. the City of London?’ Inspired by founding Master Dan Doherty, this One of the guest entrepreneurs, Harry Daymond, growing partnership introduces Christ’s Hospital Lottie, Helena, Juliet with “advisor” Ben travelled an award-winning young entrepreneur from students to the world of entrepreneurship to London to attend the first round of the Horsham, later tweeted, “Thank you for inviting through engagement with Freemen and helps competition. Schools competed by delivering me to sit on a panel at the annual special careers build and nurture their skills and networks. their presentations to the judging panel event and share my journey with all your students! (independent senior livery members) and to an Really enjoyed meeting so many fired up young This year was the busiest yet…. audience of mentors from sponsoring livery potential entrepreneurs!” Harry launched his first companies, supporters, teaching staff, parents company, Kart Kompany Ltd, at the age of 15 September to December 2018 and other competitors. and went on to win Young Start-Up Talent 2017 Paddy’s Pizzas business simulation and to be named by Transferwise among the Top Facilitated by Freeman and partnership lead The Christ Hospital pupils impressed the judges 20 Under 20 Teen CEOs in the UK & Ireland. David Mellor, this highly engaging business and were delighted to go through to the second simulation saw four teams of students from and final round, along with only one other school. 25th June 2019 Years 11 to 13 creating pizzas and competing The final of the competition was held at the Old Careers speed dating for market share in a fictional European city. Over Bailey on Monday 4th March in the presence As the 2018/19 school year drew to a close all 120 the 8 weeks of careful business development - of a panel of Her Majesty’s Judges. The team Year 11 students joined a range of professionals and responding to often -dramatic changes in scored a fabulous 89% but missed out winning at a special careers “speed dating” event, market conditions – there were many exciting by just 1%. Nevertheless, they did incredibly well spending 20 minutes each in four pre-selected ebbs and flows, valuable insights gained and to get so far in this very challenging and highly career areas. The Entrepreneurship zone – led lessons learnt. regarded competition. by David Mellor – proved particularly popular and more than one budding entrepreneur shared Ultimately one team came on top, but all 13th - 19th May 2019 their plans for the future. participants gained enormously from the Gaia Week experience, the coaching from David and the With the heightened profile of environmental Christ’s Hospital is enormously grateful for the opportunity to meet a number of entrepreneurs awareness, Christ’s Hospital introduced a week time, advice and inspiration given by so many including Corrado Accardi – a genuine pizza of lectures, events and activities to connect the Freemen to our students. Particular thanks go to entrepreneur. For Darri, a 16-year-old fan of Christ’s Hospital community with our natural David Mellor for coordinating the partnership, to Dragons Den, this was “a fantastic opportunity environment and inspire deeper appreciation of Paddy Willis and the many speakers who have to put my skills to the test and learn the impact of local and global life-systems. come to the school and to Sarah Davis and the pressured decision making”. Guild’s Education Committee. We were delighted to be joined in the week by 4th December 2018 leading entrepreneur Bola Lafe, producer of Guild of Entrepreneurs Showcase event a range of biodegradable wipes and natural To round off the winter term, eight students sanitising water, who gave a highly inspiring from the Paddy’s Pizzas group attended the talk and valuable advice to a large number of Guild’s partnership event at We Work near students. Liverpool Street. Pitching to Guild members for involvement in future Christ’s Hospital 21st May 2019 - Entrepreneurship Panel initiatives, the group wasted no time in putting & Networking evening their networking skills in action, with a number Following successful panel events in 2018, establishing new contacts amongst the Freemen six entrepreneurs joined senior students from Christ’s Hospital and Roedean students to share and securing work experience opportunities. The panel
12th December 2018 - Raleigh400: Entrepreneurship in International Trade At the start of the Christmas holidays four of our senior History students – Ella, Alice, Ben and Isaac – joined teams from 19 other schools at the magnificent Drapers’ Hall for a memorable evening celebrating the life and lasting impact of Sir Walter Raleigh. Taking part in discussion groups, a panel event and lectures, the event became a forum in which the students discussed their own concepts of entrepreneurship, and reflected on today’s models of economic behaviour and how they relate to those in the pre-modern past. In this discussion of where we are now and how we have got here, the role of Sir Walter Raleigh, the City of London and Livery Freeman David Mellor with Christ’s Hospital students Companies received special mention. guildofentrepreneurs.org 11
191021_Cadence_GoE.indd 11 12/11/2019 16:59 The Spring Breakfast 2019
On Tuesday 2nd April, 2019 the the CEO of the Home House group, Andrew In 2016 it was held aboard HQS Wellington, Richardson. We were then privileged to receive and, coinciding (as it did that year) with Guild of Entrepreneurs ventured the Ambassador of Belgium, who addressed International Women’s Day, Claire Cockerton west to the City of Westminster for the assembled on Belgium, Britain and of course took as her theme Promoting Gender Parity in the fourth annual Spring gathering that other “B” word… Brexit. The Ambassador, Modern Entrepreneurship. - on this occasion for breakfast, in His Excellency Rudolf Huygelen, had prepared a broad review, examining in fascinating detail In 2017, it took place at the London Capital Club a very special venue called Home Anglo-Belgian trade, political and legal relations and was preceded by the signing of the Guild’s Grown to which the Master had between the two countries. Article of Affiliation with the Defence Academy been invited. of the United Kingdom. The speaker, Anthony His Excellency then invited questions, which Belchambers, addressed Brexit, Trump, and Home Grown*, a new private members’ club provoked stimulating discussion and some the New Landscape for Entrepreneurs. in Marylebone and a sister club to Home valuable closer examination of the current House, did not officially open until the following situation by Freemen Entrepreneurs, members In 2018, we were at Armourers’ Hall, where day. It is a club for high-growth entrepreneurs, of the City of London Corporation, and other insurance veteran Robert Hiscox spoke upon describing itself as a “space for like-minded specially invited international visitors from Risk, Belief – and the Entrepreneur. people to network, entertain and grow in Norway and Slovakia. beautiful surroundings”. We were honoured The 2020 Spring Breakfast will be held therefore to be their first guests and to be able Concluding a little after 10am, it was widely on Tuesday 24th March, the venue will be to experience the facilities ahead of the official agreed that the 2019 Spring Breakfast, the communicated in due course. opening. and thank them for their excellent fourth we’ve hosted was a terrific success – hospitality. and a very fitting addition to the rollcall of these *Opening the day following our event, the high-value and insightful annual gatherings. immediate reaction has been highly positive as Freemen Entrepreneurs, their business guests evidenced by comments upon the club’s official and guests of the Guild, were greeted warmly The Spring Breakfast (sometimes lunch) is LinkedIn page. Which we would recommend with tea, coffee and a range of breakfast held annually on the Tuesday after Mothering following to stay in touch with both the club and options in the fully-refurbished clubhouse, in its Sunday, where Freemen, their business its events. bright and convivial Montagu Room. guests, and guests of the Guild are nourished both physically and intellectually. Good food Suitably fed and watered, we heard a few is served, and a notable speaker addresses a words from the Master, Mr Peter Hewitt, and contemporary business and entrepreneurship topic.
Master, Mr Peter Hewitt and guests
The Ambassador of Belgium, His Excellency Rudolf Huygelen Freeman Johnny Manning and guest 12 guildofentrepreneurs.org
191021_Cadence_GoE.indd 12 12/11/2019 16:59 A celebration of our Freemen The Guild’s Bystander at social events in the city.
MARTIN PARR – ONLY HUMAN SUPPORTED BY GUCCI
The glitterati and arts enthusiasts were out in full force on a Monday night in Summer at The National Portrait Gallery for the private viewing of celebrated photographer Martin Parr’s ‘Only Human’ retrospective exhibition. Described by the Telegraph as ‘arguably Britain’s greatest living photographer’, Parr explores one of his most engaging subjects; people.
This major exhibition unites his widely celebrated, iconic images with photographs that have never been exhibited before. There are dynamic images from all over the world with a special focus on Parr’s ‘wry’ observations of Britishness. The ‘Brit’s Abroad’ room caused a fair amount of head hanging and was tinged with the good humour so often prevalent in Parr’s photography.
One of Parr’s most Iconic images of the Queen visiting the Hall of The Drapers Livery Company for their 650th Anniversary was also a highlight of the exhibition. It attracted quite a crowd and many ‘selfies’ being taken of HRH The Queen and that fabulous hat.
The Martin Parr Exhibition
THE GUILD GATHERS
The Guild’s very own Freeman Rachel Wang was there in her official capacity as a Trustee of the National Portrait Gallery, and accompanied by her husband Mark Currie. This dynamic couple will also be hosting film screenings at the gallery for their sparkling new series of 1000 Londoners. The new season: Goodbye Europe the brand new series celebrating European Londoners. This series and much of the work Chocolate Films create is very much in keeping with the Mayor of London’s ‘London is Open” campaign, and focuses on inclusivity and celebrates diversity.
Court Assistant Mark Huxley and his wife Jo of the Woolmen explored Parr’s retrospective with gusto and walked away with a fabulous signed book from the artist himself. Rounding up the Guild’s Freeman gathering, I was naturally drawn to the fabulous Perry family and chatted to them for some time. Artist Grayson Perry, author Philippa Perry and illustrator and author Florence Perry were also featured in one of Parr’s enormous prints that hung against a bright pink backdrop and also included Tracey Emin, Zadie Smith, Vivienne Westwood and Zandra Rhodes for company. This was a truly excellent, diverse and exciting exhibition and it was wonderful to see the Draper’s Hall and Livery companies represented within Parr’s work as well as in person. It is always a special evening when seeing fellow Freeman out and about. It is another example of good fellowship, a key part of our Guild life. As such, we actively encourage networking at both Guild events and other exciting occasions around the City. Spirit and Grayson Perry By Freeman Spirit de la Mare guildofentrepreneurs.org 13
191021_Cadence_GoE.indd 13 12/11/2019 16:59 Court Assistant Pippa Watmough, Sponsorship chair - sponsorship committee
Guild of Entrepreneurs Founder Supporter plaque © Duncan Simms
This year has seen the Sponsorship Committee See if you can spot yourself in the one of the presented with Guild of Entrepreneurs Founder collaborate further with the Communications photos and do let us know if you, or someone Supporter brass plaques to be displayed in their and Events Committees in an effort to help our you know, would like to get involved. offices. We, as a Guild, would have struggled to sponsors get the most out of their affiliation with keep up without the many services offered by the Guild. We have also distilled our sponsorship Annual Sponsor, Trowers and Hamlins, hosted both Briars and PDA. Notably, Briars’ numeracy packages into bite-size chunks to enable as another exceptional Quiz Night in June with the and PDA’s compliance skills have helped keep may people as possible to get involved. hotly contested Tankard of Triviality now moving our Clerk and the Court sane over the years. on to its third home, with The Bombers. Our Sponsorship is critical to the Guild. Our thanks to Scott Frazer of Department Q for PDA, will be running another seminar in March supporters enable us to further the aims of the taxing our entrepreneurial minds with some 2020 focusing on cybersecurity. The last one, Guild whilst concentrating on our Freemen, crafty questions and cunning brain teasers. on GDPR, was well attended and informative, the growth of the Guild and our work in both and – some might say surprisingly given the Outreach and Education. This year, we have Trowers are in their second year as sponsors topic – interesting. We are looking forward to produced a Sponsorship Pack to assist and we are learning to get the best from our more gems of wisdom from Neil Partridge and Freeman and others to get involved. The relationship as it grows. We said a sad goodbye his team. Sponsorship Pack contains information on the to the Legal Clinic, but Trowers legal skills annual events of the Guild and the benefits remain accessible to our Freeman as easily as It not surprising with everything currently going offered to sponsors for their support on a per picking up the phone for a friendly chat. We are on with the Guild that we are hugely grateful to event basis. It also provides a brief history of also working on ways to make them even more Annual Sponsor, Moneypenny, for providing our the Guild and a copy of this magazine to show accessible and Trowers are also sponsoring a own outsourced personal assistant services. potential supporters just exactly how amazing number of upcoming seminars, so watch this and accomplished we are. Our thanks to space. Sponsorship is available from £2,000 and Barnaby Wynter for his design and sponsorship Sponsorship Packs are available from Pippa of the beautiful and useful folders which house Our Founder Sponsors, Briars Group and PDA Watmough ([email protected]) or all of the above. have supported the Guild since its inception from the Clerk’s Office. Bespoke sponsorship in 2014. In recognition of this, they will be is also available for some events. Please do contact us for further information.
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191021_Cadence_GoE.indd 14 12/11/2019 16:59 The inspirational speech delivered by Elizabeth Corley, CBE at the Guild of Entrepreneurs Summer Banquet, 6 June 2019 at Cutlers’ Hall Elizabeth Corley CBE (now Dame Elizabeth Corley DBE) has been recognised as the Most Influential Woman in Asset Management, CEO of the Year and Most Influential Person in Asset Management.
Dear Master, Ladies and Gentlemen,
Thank you for the warm welcome my husband Mike, I and the other guests have received in the Cutlers’ Hall tonight. It is a privilege to enjoy a wonderful meal, accompanied by excellent wines in the convivial company of such interesting hosts and fellow guests.
That in itself would have made this a memorable evening but to be able to sit in this magnificent Hall, under the beauty of a splendid hammer beam roof, and surrounded by rich displays that evidence the importance of the Worshipful Company of Cutlers has made this a particularly special evening. Elizabeth Corley, CBE
What better place could there be to hold advantages I had, was that I remembered what Admiration for Entrepreneurs the Guild of Entrepreneurs’ 2019 Summer it was like to start at the very bottom, to rely Which is why I have such admiration for Banquet? on determination, hard work and self-belief to everyone here in the Guild of Entrepreneurs. make something of my life. At 19, I was naïve My risk-taking and endeavours fade into I am delighted to have been asked to make a enough to dare to be different and to speak truth insignificance compared with yours. You have few remarks to you this evening. to power – though I was frequently surprised invested your own money and time in setting that that didn’t always work out too well! up and running successful businesses. By Personal background becoming part of this Guild, you are committing The Master has asked me to say something Having stepped down as CEO, I now serve as a to standards of excellence and integrity that are about my background and career. It’s not a non-executive director on three listed company exemplars of how twenty-first century business topic I normally talk about as it makes me feel boards and as a trustee at the marvellous leaders should conduct themselves. a bit uncomfortable, so forgive me if I keep this British Museum. In addition, as of this week, part of my remarks brief. you may have seen an announcement about In addition, you commit to help each other in a new Impact Investing Institute where I will a fellowship of success and to give your time There is a column in a popular Newspaper be chairing the management board. It’s a and money to help bring the opportunities of called ‘If I could see me now’ when they ask fantastically exciting initiative that I will say more entrepreneurship to young people. So it is a real people to go back to a much younger self and about in a moment. pleasure to be here tonight. consider what they would think about their life and where they have are now. I’m sometimes asked how I managed to The business of trust progress as far as I did despite having no The aims of the Guild match perfectly the My younger self would be incredulous to see me degree or professional qualifications; and no sort of businesses that our country deserves, standing here. I was fortunate enough to grow silver spoon to rely on. Well apart from the particularly now when not only the economic up in a loving and supportive home, something supportive family in which I grew up, and an contribution to national prosperity is vital but I took for granted, but now realise provided me incredibly supportive husband, I’ve concluded also the need to restore public trust in business with an incredibly valuable foundation for my that it was probably down to the fact that I am and the City. life. constantly curious and keen to learn; I always look for connections that can be made between The good news is that trust in business is There wasn’t much spare cash to go round people, teams and organisations, to make starting to improve after several years of decline, but we were never hungry, had the occasional things work better; while not taking for granted though there is still a significant gap between holiday and were always well turned out for the contributions from parts of the business those people who are close to business and school. I was lucky to be part of a generation that often get over-looked because they are not better informed, and the general population. * that benefited from a good grammar school. seen as exciting. Yet despite that, I left at 18 with my A’ level One of the reasons for this improving trend in certificates and no job to go to. Add to that a willingness to take risks, to the UK is a recovery in beliefs about business volunteer for jobs that no one else wanted ethics. The Institute of Business Ethics survey After spells of work as a cleaner and assistant because they came with career-risk attached the British public annually. in a shoe shop, I ended up as a temporary filing and it has served me well. Since the survey began in 2003, positive views clerk in an insurance company. Over 40 years on ethics have jumped to 62%, up 15% over later, when people ask me why I chose Financial And of course, I always had the benefits that fifteen years. Services as a career, the honest answer is that it come from working in established organisations was better than staring at people’s feet all day! with support infrastructure and people to turn When I became CEO of a global asset to when my computer system crashes – as it management company, one of the great did this week! guildofentrepreneurs.org 15
191021_Cadence_GoE.indd 15 12/11/2019 16:59 The promotion of standards by City Livery Companies and Guilds is a vital contribution to The City Liveries are remarkably generous and this. effective in their outreach programmes but that is not mirrored everywhere around the country; However, despite these positive developments, and it is not sufficient even within the Greater there are many people living in communities London area to address the social divide and that have been left behind, without the benefits consequences arising from it, not only for of education and/or upbringing. education and opportunity, but also for health and social cohesion. Mind the gap[s] The divide we have here in the UK, is Impact Investing Institute The Entrepreneurs’ Officers and Principal Guests symptomatic of a global challenge, which has In the last decade, recognising that charitable led to the rise of discontent, populism and shifts giving alone will not close the gap, pioneering to the political extremes. foundations and wealthy private donors have moved beyond philanthropy to make impact Many gaps fall beyond the reach of conventional investments. attempts to help those affected and I’d like us to consider a couple now. Impact Investments look not only for a financial return but also for clear Impact – that is an You may not know that more than 7 million outcome that will explicitly benefit either people people, including 2.6 million children are living or planet or both. in relative poverty despite being in a working family. Shockingly, this means that more than The range of expected returns varies, from half of the people in poverty in the UK are in some which might carry additional risk to others working households. And in-work poverty is that are comparable with traditional investing. Freeman Sharon Wang and guest growing. At the beginning of this century, the UK was our vision, which is that more people’s lives Despite economic growth in recent years, there a pioneer in impact investing, introducing improve, as more people chose to use their is job insecurity beneath the positive economic innovations that have been admired and savings and investments to help solve social headlines, accelerated by innovations in replicated around the world. However, we have (and environmental) challenges as well as robotics, AI and natural language processing failed to keep pace with global developments, seeking a financial return. that mean even skilled white collar workers do particularly in finding ways to enable private not have the competences that will guarantee sector capital to flow to social enterprises and Close them employment throughout their working purposeful businesses. I am optimistic and excited, and delighted lives. to make this first public address since the Which is why I was pleased to be asked in launch of the Institute, here to the Guild of We should anticipate that the role of employers 2018 by the UK Government to set up and Entrepreneurs – and on a day of such an in eliminating in-work poverty, ensuring decent chair a Taskforce to help address some of the important anniversary. treatment of suppliers and in providing lifelong underlying reasons for our relatively slow pace learning, could become hot policy topics in the of progress. We were given one year! 75 years ago, 156,000 men landed on the coming years. Normandy beaches in order to release Europe Your Master was a valued member of the from the grip of fascism. Thanks to them, we I am hopeful that responsible businesses steering committee for the Taskforce and I’d live in a free democracy where the great good will address this gap and that innovations in like to take this opportunity to thank you again, done by Livery Companies and Guilds, and affordable, digitally-enabled learning will soon Peter, for your many contributions. by ordinary citizens and businesses, aims to sit alongside the growing availability of physical bring prosperity to all and transform the lives and mental wellness resources at work. Such was the interest in our activities that many of those who have not had the start in life or senior executives joined our steering committee opportunities to thrive as we have. There is another, bigger gap though, between and well over 160 volunteers from 80 companies all of us and those who never have the chance contributed to our work programme over the to step onto the ladder because of social past year. exclusion. But we realised that one year was simply not It was a big step up for me, waving my A’ enough to transform the culture of finance and level certificates and positive mental attitude, philanthropy to enable social impact investing to obtain a decent job. Just think how out of to reach its full potential. reach that first rung is for those without the advantages of a stable home life and decent We teamed up with other bodies focused education, things I took for granted – and I in the same area and approached the UK suspect many of us here do too. Government with a proposition to set up an Impact Investing Institute, which would The sad truth is that almost 45% of children continue the strong tradition of innovation and leaving primary school still have not met the social entrepreneurship, and enable the UK to expected levels of achievement in reading, play a global leadership role in this sector. writing and maths. The Loving Cup They agreed and approved our business plan Closing this gap at secondary school is really such that we announced the launch of the challenging, leading to a staggering number Institute on Monday. Not only government of young people over age 16 not in education, but also the City of London and several employment or training. On last year’s data, financial companies are backing us, which is that is over 11% of people in this age group. tremendous. Shamefully, the UK is worse than the OECD average for 15-19 year olds. Together we have a real opportunity to bridge This social exclusion cannot be addressed by the gap by investing with impact. Over half the employers, nor is philanthropy enough. We do UK population is committed to some degree to not give sufficiently to charity in the UK to close positive investing but only 20% find a way to this gap. do so. By working across mainstream financial industry, with entrepreneurs, the social sector and foundations we will succeed in fulfilling A glittering Summer’s evening 16 guildofentrepreneurs.org
191021_Cadence_GoE.indd 16 12/11/2019 16:59 An Entrepreneurial Journey Out and In
PAST MASTER LEE ROBERTSON ON STARTING UP - AGAIN!
After around thirty years of giving financial It really is great fun, albeit with the ever- and investment advice and eighteen years present start up entrepreneurial worries about at the helm of my wealth management firm I cash-flow, new member flow, staff costs and decided it was time for a change in direction. corporate sponsorships but we now appear This was far from an easy decision, the great to be settling in to our business plan nicely. thing about giving advice to private clients is What has been incredibly encouraging is the just how close you get to many of them. From willingness of my sector to join and give it a go. © Lee Robertson weddings and funerals to social gatherings and To engage and offer to help, to comment, to regular meetings around their financial affairs, spark and enter discussions and to agree to be incredibly close relationships form. However, interviewed on the topics and issues that really the entrepreneur in us will out and the wealth matter to them and I am incredibly grateful to management firm was running incredibly well them for being so open to our idea. I would also but in that lay its own challenges. Mature like to thank those members of the Guild who businesses can lack the excitement of the start- have also agreed to contribute on their areas of up and all the challenges therein. expertise which we feed into the membership via the app too. Branding, marketing, public Alongside two close friends from the investment speaking and so much more is just so useful to management world we set about creating the our members as well as the financial stuff. UKs first app-based private social network for financial services professions. We had In terms of a personal progress update, it really a feeling that with just how toxic some of the has been out with old and in with the new. © Lee Robertson open social media had become, content and email overload but with the desire of thoughtful, Lee Robertson CEO, Octo Members Group. engaged professionals there might be a better way to engage with each other professionally and to share useful information and content to help the whole financial services community along the way.
The result after a lot of research into extranets and content delivery platforms, deciding whether to buy or build, considering and rejecting Facebook and Linked In due to privacy and data mis-use concerns we launched Octo Members Group this year.
We curate, aggregate and create content around financial planning, investment, regulation, marketing and the rest of the range of topics that our sector is seeking. We are, effectively, crowd sourcing knowledge which is incredibly exciting.
Being back at the beginning is great fun. We are located in The Nest at truly superb Cherryduck studios which many of you will know as Freeman James Velacott and his wife Michelle own them and many of you will have visited for various Guild events held there. Freeman Simon Fordham is also based here which means I am never far away from chatting about the Guild either.
We have a massive on-going programme of sourcing and curating useful content, interviewing leaders in our sector and other professionals from other professions who can add to the knowledge base. We create a lot of our own too to spark debate and have four journalists working with us to spark discussions around important issues.
Having done many television interviews over the years as an interviewee it is now great fun, if a little daunting at times, to be the interviewer both on video and in the podcast studio.
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191021_Cadence_GoE.indd 17 12/11/2019 16:59 Freeman Arnab Dutt AN HONOUR TO SERVE
To say I was surprised to be awarded an OBE in the Queen’s Birthday Honours list is somewhat of an understatement. It’s an incredible honour and I still feel a little dazed as do my family. Keeping it secret for the 5 weeks until the official announcement was tough… I couldn’t even tell my mum.
So, for a little bit of a biography for Guild members who don’t know me well, I started my first manufacturing business in 1995. Between 2009 and 2015 I was involved in the corporate governance of Network Rail the UK’s largest infrastructure company. In that time, I have worked with the FSB as a member, promoting the power of small business. I am presently the national policy lead for BAME business at the Federation of Small Businesses and a member of the SME panel at Cabinet Office developing the architecture of social value procurement. Social Value business is the idea that business can have a purpose above and beyond increasing shareholder value. I wanted to use the £284 billion the government spends on procurement to facilitate a social value effect. That means constructing a public sector procurement architecture where the cheapest price is no longer the major criterion upon which contracts are awarded. The new criterion place “value” and “social impact” first and to address those one must include, equality, diversity, impact on communities, the green economy and sustainability, especially with the climate emergency we now face. The aim is also to ensure a much higher proportion of small businesses, especially those from our diverse communities, can bid for contracts, ensuring diversity and resilience in the supply chain. This means addressing commissioning hurdles, improving contract management and making it small business friendly. The long-term effects of putting this at the heart of UK industrial policy is intended to be transformational in terms of economic growth and social cohesion. It is also to create an entrepreneurial eco system where small firms can win major contracts through innovation and use the power of a government contract to scale up and as a springboard for global growth. The aim is to have 33% of all government contracts awarded to SME’s. After the debacle of Carillion and its destructive effects on its SME supply chain, the Cabinet Office dusted the Social Value Act 2013 off the shelf to use as the vehicle for this change. I had been advocating for this change in public procurement for some years and I was given a central role of helping government begin the process of developing a Social Value method of procurement. The methodology is intended to be ready for roll out in April 2020. It was for my work and continued work in this area that I was awarded my OBE.
I have been evangelical about the power of entrepreneurs, small businesses and their societal benefit. I have continuously advocated on the power of diversity in business organisations and on the resilience of diverse supply chains. I will continue to do so.
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191021_Cadence_GoE.indd 18 12/11/2019 16:59 The Invisible Chaplain When David Parrott applied to be Vicar of St Lawrence Jewry next Guildhall he knew certain who ‘Eats for Jesus’ things about the role; 1. That it is the Church of the Corporation of the OUR CHAPLAIN, REV CANON DAVID City of London, and the Vicar is their Chaplain
PARROTT, IS INTERVIEWED BY COURT 2. That the Corporation is the Patron of the Church and appoints and pays for the Vicar ASSISTANT JUDITH DONOVAN CBE. (with the nominal approval of the Bishop of London)
3. That a service is held on Election Day where all attend and pray for an honest outcome to the appointments.
But he had no idea that the Church was also the Church of NINE livery companies. And de facto that makes the Vicar the Chaplain to all NINE. Rather like Hymns Ancient and Modern. David is Chaplain to both modern and ancient Companies. The very old like Lorimers, Haberdashers and Girdlers, through the relatively old like Tobacco Pipe Makers and Distillers to the thoroughly modern like Actuaries, Insurers, Architects and Constructors.
And David is particularly proud of their stunning altar cloth, reproduced here with all 9 Livery badges embroidered on it. Although as he says he really has ‘9 ½’ with ourselves and when we get to full Livery status he will have to find a slot for us! Because, as David said to me in the course of a very thoughtful interview, ‘you are the future and we must respect the future as well as the past. It is at the heart of my ministry to be a Chaplain to both the Corporation and my many Companies – I don’t serve the Financial City at all. That way I get to engage with a wide variety of people and fulfill a variety of functions. In many ways my previous experience of being a Rector of a Benefice – i.e. multiple parishes……was very good training as I have to look after and care for a number of different cohorts, many of whom think they are the most important! And whilst I do joke about eating for Jesus because the level of dining is splendid it is my ‘invisible’ work that matters most.
Let me explain. As I get to know members of the Company, I become a friend of the Company to whom people can turn if they choose. Some people have a Vicar in their home place; others do not. With all my other companies I find that, as I become known, people start to drop into the church for a chat. Sometimes this is for advice, sometimes for comfort, and sometimes just to download. The point about those encounters is that the Court and Clerk do not get a report. That is not how Chaplains work. Rather, that part of my role, which I value highly, is the invisible bit. I am doing my job best when I am the invisible man!’
So there you have it. A man with a very unusual day job, probably unique in the City, a man who loves ceremony and formality, who enjoys dining, but at the heart of it is a man of God who intends to give all of us wise council and friendship and pastoral care if we need it. Judith Donovan CBE, Church lead on court is shown St Lawrence treasures and livery connections by David a week before he travels to Ripon Cathedral to process at the installation of Judith as an Honorary Lay Canon
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191021_Cadence_GoE.indd 19 12/11/2019 16:59 The Guild’s Church ST LAWRENCE JEWRY NEXT GUILDHALL
The Frontal at St Lawrence Jewry Another tradition associated with St Lawrence The Chalice is that of the so called ‘Holy Grail’, the cup used Another tradition surrounding St Lawrence Installed in 2016, and dedicated on 25th by Jesus at the last supper. The image to the left is that he protected the holy grail, allegedly October, the frontal at St Lawrence Jewry is a shows that cup, based on the grail in Valencia the cup which the Lord Jesus used at the last stunning piece of artwork, fit for the grandeur of Cathedral in Spain, The cup (which is a agate supper, by removing it from Rome for safe the building. It was designed and embroidered bowl at the top) is said to have been sent by keeping. The cup in our logo reminds us of this, by Vivienne Havell (Liveryman of the Gold and Lawrence from Rome to his family in Spain for but also reminds us of the cup we use regularly Silver Wire Drawers), assisted by Amanda safe keeping. It was carbon dated in 1980 and at Holy Communion services. The bread and MacEachen. The symbols on the front all relate is certainly a cup of the 1stC BC. Tradition has the wine at Communion remind us of the fact to St Lawrence. it that it was looked after by monks for many that Jesus died to forgive our sins. centuries, hidden during the years when Spain Lawrence was a native of Huesca (Roman was a Muslim country and then presented to The Book Osca) in Hispania Tarraconensis (modern day the Cathedral in the 15th century. It was then At the bottom of the logo there is a book. Spain). He went to Rome and when Sixtus II embellished with the stand, and can be seen Perhaps more importantly, the symbol reminds became Bishop of Rome in 257, Lawrence was in this form in the Cathedral to this day. Their us of another book which undergirds everything ordained a deacon and was placed in charge website has much more information on this. we do: the Bible. This church tries to follow of the administration of Church goods and care the Bible’s teaching in its work and ministry. for the poor. Saint Lawrence’s feast day is August 10th. At We believe that the Bible is God’s revelation of that time of year, especially visible Spain, there himself to our world. For this duty, he is regarded as one of the first is a meteor shower: perseid. This is known in archivists and treasurers of the Church. That is many places as the ‘tears of St Lawrence’. The Dragons why one of his traditional symbols is a purse, The background of the frontal shows the tears Each side of the logo is a dragon. St Lawrence which can be seen on the frontal and on the across the deep blue, representing the sky. In Jewry is the official church of the City of London Lawrence window. art imagery blue also represents the theme of Corporation, whose crest contains two similar heavenly grace. Here on this frontal we see dragons. Indeed whenever anyone drives into In the persecutions under Valerian in 258 A.D., that grace. God’s love shown in the symbols the city along one of the main roads they pass numerous priests and deacons were put to of Holy Communion; Christ’s sacrificial death is two large dragons, symbolically protecting the death. The Prefect of Rome thought the Church celebrated in the bread and the wine. We see City boundary. The element therefore reminds had a great fortune hidden away, so he ordered also the outworking of that love in the lives of the us that we are the City’s church. It also reminds Lawrence to bring the Church’s treasure to him. saints, especially St Lawrence, who was willing us that we are protected in our daily lives by The Saint said he would, in three days. Then he to die for his faith. These symbols are all there to God’s Holy Spirit. went through the city and gathered together remind us of our duty in this day and age to live all the poor and sick people supported by the out our own faith in response to God’s love and The Crest Church. This scene is shown in the painting following the example of the saints. These elements all come together into our behind the altar. crest, but the story does not end there. In the The frontal was sponsored by some of Livery church name under the logo notice the shape When he showed the people to the Prefect, he Companies of the City of London. On the of the letter T in St Lawrence Jewry. It is no said: “This is the Church’s treasure!” In great reverse of the frontal are the crests of those ordinary T: it is a cross. This reminds us that anger, the Prefect condemned Lawrence to a companies who donated. without the Lord Jesus Christ nothing we do is slow, cruel death. The Saint was tied on top of of any worth. We are here to serve Him and to an iron grill over a slow fire that roasted his flesh In the centre is the crest of the City of London. follow his ways. If you would like to know more little by little. Then, as he died, he prayed that This church is designated as the official church about Jesus please contact us. the city of Rome might be converted to Jesus of the City of London Corporation. and that the faith might spread all over the Canon David Parrott world. The centre piece of the frontal shows the The Crest and Pulpit Fall of St Guild Vicar flames, together with another traditional symbol of St Lawrence, the gridiron. This reminds us Lawrence Jewry St Lawrence Jewry the appalling manner of his death. The flames Guildhall Yard use all four seasonal liturgical colours, so that The St Lawrence Jewry logo is not only an London the frontal can be a universal (that is, it can be image for us to use in our publicity. It also says EC2V 5AA used all year round). something about us. The elements of the crest are all shown on the pulpit fall, hanging on the 0207 600 9478 To the right, along with St Lawrence’s purse, front of the pulpit at the front of the church. [email protected] there are palms and a crown. These are the www.stlawrencejewry.org.uk traditional symbols of martyrdom. The palm, The Gridiron echoing the spreading of palms before Jesus The first element is the gridiron logo in the as he went into Jerusalem before his death on middle. This is the symbol of St Lawrence, our the cross, the crown reminding us of the fact patron saint. He lived in the 3rd century and that those who go to heaven as martyrs will be is remembered as a leader of the church who given the crown of life. The two wooden angels stood out against persecution. He was killed behind the altar carry the same two elements by being roasted alive on a gridiron, hence in their hands. Martyrs of the church are those his symbol. This reminds us that we need who were killed because of their beliefs. In the to stand up for what we believe despite the story of St Lawrence he firmly believed that the consequences. Doing the right thing may not treasure of the church was not its money but always make us popular. the poor and sick. This is still true of the church today.
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191021_Cadence_GoE.indd 20 12/11/2019 16:59 The Guild of Entrepreneurs Trust - Chief Executive’s 2019 report
The Guild of Entrepreneurs Trust Robertson. It’s been hugely gratifying to have received so many high-quality applications, was established just over three and, although it has made the job of the Trustee years ago, with a clear objective Board very hard, the Trust has been able to make really significant grants to two very to improve education and skills in deserving beneficiaries this year. entrepreneurship, and to support The Guildhall School of Music and Drama access to education and skills for has been running a highly successful those who can least afford it. post-graduate programme for Creative Entrepreneurs, which teaches and develops It’s a huge privilege for me to serve as the business and entrepreneurship skills to arts Trust’s Chief Executive, and to work with such graduates. Through this programme, talented a dynamic and experienced Trustee Board. musicians, actors and technicians are equipped The Trustee Board governs the work of the with the skills and resources to turn their ideas charity, acting independently to administer an into effective, sustainable businesses. It’s a annual cycle of applications and grants. The testament to the quality of this course that, experience of the Trustee Board is essential as since its launch in 2013, Guildhall Creative it works to balance the long-term prosperity of Entrepreneurs has successfully supported the the fund with the immediate requirements of its growth of 39 businesses and social enterprises beneficiaries. in performance, production, education and digital fields - 90% of which are now profit- Fundraising making and flourishing. Income to the Trust has increased hugely this year thanks to a fundraising campaign by the The Guild of Entrepreneurs Trust has funded Guild of Entrepreneurs. Regular giving is up a means-tested bursary at Guildhall this year slightly on last year, both in terms of the number which covers 100% of the course fees for of donors and the average amount given. A a deserving student. The recipient of this massive boost came from 13 plucky individuals bursary is Fiona-Jane Weston, a cabaret (including the Chairman and his wife) who artist developing a mentoring, training and participated in a sponsored skydive – between networking business. The Trustee Board was them raising almost £20,000. The roll of Principal delighted to recommend Fiona-Jane for the government, schools, charities and businesses. Benefactors for 2019 records the names of bursary: not only to afford her access to the His Royal Highness spoke passionately of his nearly 20 individuals and organisations that course, but because of her ambitious enterprise commitment to enterprise in the UK, and of the have made significant donations to the Trust. plans. The Trustee Board is hopeful that Fiona- crucial part that the Trampery was playing in Principal Benefactions are offered at what is Jane will, in turn, develop the business skills of encouraging and developing entrepreneurs. A intended to be an accessible level, and I am other artists, and we wish her every success for key element of the Trampery’s success was, he always happy to talk to new or existing donors this programme and beyond. said, the relationships and partnerships that it who are considering consolidating their regular had built – in particular its relationship with the giving into a lump sum of £1,000 or more, or The Trampery Foundation is a London- Guild of Entrepreneurs. who intend to increase their regular giving to based social enterprise specialising in shared £84 or more each month. workspace and support for entrepreneurs and The Guild of Entrepreneurs Trust is working with creative businesses. It particularly impressed agility and insight to ensure that the fund is used On behalf of the Trust, I want to acknowledge, in the Trustee Board with its own commitment to as effectively as possible. Donations to the Trust particular, the enormous generosity of our two fostering entrepreneurship. The sterling work have never been so crucial, as we begin our new Patrons: Mrs Judith Donovan CBE and the of the Trampery can really be said to have 2020 grant-making cycle. I would very much Drapers’ Company. Thanks to their support, changed the face of enterprise and growth encourage potential donors and beneficiaries to the Trust’s work is assured of a firm financial business in each of its 9 locations. The most contact the Trust to learn more about its work, foundation, which will underpin its charitable recent satellite is a converted municipal building and to actively promote the Trust to others. work long into the future. Each letter I write now in the heart of Tottenham, where the Trampery bears the names of the Patrons as a testament is already building up creativity and business Duncan to their support, and I am delighted to have in the local area. The Trampery’s Creative The Clerk is Chief Executive of the this opportunity of thanking them publicly for Pioneers programme is now a 2019 beneficiary their faith in the Guild of Entrepreneurs Trust. of the Trust, with the Trust covering the full cost Guild of Entrepreneurs Trust. The The Trust is actively looking for patronage, and of workspace and utilities for a place on this Trust Administrator’s Office deals I would welcome enquiries from individuals, scheme. organisations and charities that want to make with applications and enquiries for a very significant contribution to business Earlier this year I was especially pleased grants, as well as enquiries relating to education and enterprise skills in the UK. to have been invited, together with other members of the Trustee Board to the royal fundraising, legacies and philanthropy. Grants opening of the Trampery’s Tottenham site. On Please contact administrator@ Under the capable chairmanship of Hon. Gp a bright July morning, HRH the Duke of York Capt. Peter LR Hewitt, we’ve just completed – the long-standing patron of the Trampery guildofentrepreneurstrust.org for the second annual grant-making cycle, building Foundation – was warmly received by founder more information. on the excellent work last year led by Mr Lee Charles Armstrong, and representatives of local guildofentrepreneurs.org 21
191021_Cadence_GoE.indd 21 12/11/2019 16:59 Freemen Entrepreneurs Colin Spiller and David Mellor spend their days helping entrepreneurial businesses to reach their goals by navigating the complex route to exit and getting them into shape on the way. In this section they talk through the three stages; growing, valuing and exiting your business.
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191021_Cadence_GoE.indd 22 12/11/2019 16:59 Growing Pains Initiative A FACILITATED SELF-HELP PROGRAMME FOR FREEMEN BY BUSINESS MENTOR DAVID MELLOR
For several years now I have been running • Meaningful KPI’s • I can’t find anyone to share the burden of a self-help group which I affectionately • Criteria for selecting clients selling with me. entitled the “Growing Pains Clinic”. We are all • Criteria for selecting partners and • I’m not sure how many people buy in to entrepreneurs (including 5 Freemen) operating associates the brand. in diverse sectors and at different stages of • Stakeholder management evolution. Sometimes, by mutual consent, we will turn a The common denominators across the group During the second hour we work our way around challenge into the headline topic for the next are: the table, inviting each person in turn to share meeting. a challenge they are facing in their respective • A strong and healthy mutual trust, respect businesses, and then we communally come up The only measure of success I can offer up is and affection with ideas on how to successfully address the that it is still going strong after several years, • A manifest enjoyment of the fellowship challenges. We lovingly called this “The Board with every founder member still attending • A willingness to both offer and receive You Can’t Afford”! regularly. advice…and act on it Challenges which have come up in the past I feel that the time is right to introduce this We meet on a quarterly basis, starting at 8.30 include: practice into the Guild, thereby providing a with breakfast, and then two hours of interactive forum for Guild members to support each other; and concentrated activity from 9.00 to 11.00. • How do I fire a client? we are missing a trick if we don’t leverage the We never go beyond 11.00. The format is pretty • I don’t trust any of my staff to do the job as vast resources that we have at our disposal much fixed. The first hour is led by one of the well as I can. represented by the Freemen collective. group, addressing a topic selected by the group • I am struggling to increase employee/ at the previous meeting. The topic is generally associate engagement. It’s been really successful and has shown me timely, relevant, and of common interest. • I am finding it difficult to manage “on” the the power of Freemen Entrepreneurs coming Chosen topics have included: business as opposed to “in” it. together under common causes. I’d urge others • I want to make the business more scalable to do their own version of it and come together. • Building a leadership brand but am not sure where to start. It builds friendship and fellowship to a deep • Stress-testing a business idea • I can’t find quality peers to help me run the level. With the Guild’s membership database • Fintech business. in place it’s a perfect place to start finding like- • Staff engagement • I can’t inspire the staff to take ownership minded people. • C.R.M. and accountability. • Building and managing a sales pipeline • I don’t know what the best marketing mix is If you are interested in setting up a forum for • Business Development for my business. Guild members please feel free to get in touch.
David Mellor, consultant, author and Freeman Entrepreneur guildofentrepreneurs.org 23
191021_Cadence_GoE.indd 23 12/11/2019 16:59 The journey part 1: Business Valuations By Colin Spiller IS BUSINESS VALUATION AN ART OR SCIENCE OR MORE LIKELY A COMBINATION OF BOTH?
Does valuation matter? Yes when you’re either raising investment or planning an exit; too high and you turn off the investor or acquirer, too low and you are reducing your stake in the business or your exit pot of gold.
While there are a wide variety of methods for valuating a trading business it can often be challenging for an early stage firm. Later stage businesses can use either stock market valuations or precedent exit transactions for comparable businesses. However early stage businesses often have little in the way of revenue and profit/loss but do have projections that can be used with multipliers but discounted back to current day values.
Market Multiples: Often used in PE/VC world and for exit planning. Can also be used to justify a higher valuation for Founder Freeman Colin Spiller very early stage business by looking at various company exit price indices. It should be noted Some other formal valuation methods: points are things that create value in your that tech companies typically have higher Net Present Anticipated Value: Uses Financial business such as: IP, having a developed valuations then non tech, fin tech have higher Forecast as the Basis. product that customers are raving about, being valuations and SaaS based companies have Projected Profits X a Multiple able to show clients with revenues and winning even higher valuations and the US have some Discounted Cumulatively Annually grants and awards. of the highest valuations! Generates NPAV for Each Year Look for Convergence or Pattern, its Listen to feedback: Valuing start-ups is not Finding true comparables for early stage complicated but a useful check! an exact science. It’s more of a negotiation. companies can be hard but here are some Start by testing your valuation with trusted good sources for precedent exit transaction The Cary Valuation Method: Uses thirds of advisers, fellow founders, friendly investors and information: the business, ie Founders, Management and investment platforms. Listen to their feedback BDO: Private Company Price Index Investors all end up with a third of the business. and use that to get a feel of whether your UK200 Group SME Valuation Index very simple but inflexible, and how do you valuation is in the right ball park – or not! Silverpeak Benchmark Reports handle multiple rounds of investment? (www.silverpeakib.com) Be ready to negotiate: Even when you have Cost to Recreate: Is another alternative, but arrived at a sensible starting valuation, don’t Some of the key valuation components are: it takes no account of future potential, time just expect investors or acquirers to accept People: both the principles and key employees, to market, knowledge, team and brand value this. They will negotiate. Be ready with tangible NEDs, advisory board and partners, created. evidence (of other similar investment raises IP, Intellectual Property, preferably protected, or exits and your proof points) to justify your MVP available or contracted customers, Conclusion: valuation. Ask potential investors to justify Revenue model; SaaS is very attractive Be pragmatic: Recognise that too high a their valuation. Expect to negotiate to reach particularly with long-term contracts, a backlog valuation will close conversations with potential agreement especially with the first investors. of committed revenue is even more attractive, investors or purchasers even before they have Market and Market strategy: niche or begun. Conversely setting a valuation too Secure a lead investor(s): It is easier to settle mainstream, B to B or B to C market, low may mean you sell more equity than you on a fixed valuation once you have a lead Competition, and barriers to entry, actually need to. Start by identifying a realistic investor(s) ready to commit at that valuation. Tell range within which you can attract investors or other potential investors that you have a lead The Berkus valuation method: Allocates up to purchasers. investor(s) at this valuation. £200,000 per bullet point above Do your research: Conduct some bench- Can’t agree a Valuation: If you can’t agree a Other Components: marking research to identify other businesses valuation you can use different approaches, Cash invested to date by the founders, friends, at a similar stage that have recently raised ie for investment use a convertible loan note family and outsiders in the business investment or exited. On crowdfunding or ratchet and for an exit use an earn out, but Debts and when due for repayment, (but may platforms the valuation is more public than for these are dependent on future performance, have a negative impact!) private deals but often higher. Use it to develop which may be challenging and for investors can an upper and lower valuation. impact their EIS/SEIS Tax relief. Be aware of pre or post money valuation for investment: Pre is what the business is worth Evidence your valuation: Identify “proof points” Bottom line of Valuations: It is what someone is now and post is what the business is worth now – things you have already achieved – which willing to pay for either a share in your business plus any investment secured. substantiate your valuation. The best proof of the whole of it! But you can influence it with preparation.
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191021_Cadence_GoE.indd 24 12/11/2019 16:59 The journey part 1: The journey part 2: By Colin Spiller Exit Planning By Colin Spiller
THERE ARE A NUMBER OF KEY TOPICS TO CONSIDER WHEN YOU PLAN YOUR EXIT FROM YOUR BUSINESS.
Timing: • Intellectual Property: Build your IP portfolio Other considerations: You really need to start planning your exit at with products, processes, patents, trademarks, • Maintain both your revenue and profits, a very early stage; ideally when you start the know-how, market understanding and insights, ideally in a growth curve, otherwise you are business or when you recognise that you have design registrations, web registrations, domain likely to face the challenge of significant earn something of value to other organisations. By names, brands etc. outs or retentions. the time you are ready to action your exit plans, • Ensure that you are not key to the future you need to have in place all of the processes • PR: Have an active PR campaign to attract success of the business once it is sold. It is best and infrastructure that will facilitate a smooth interest and add value to your brand. Don’t to hire an effective top team so that you can exit with the best possible value. forget industry awards, publications, speaker depart quickly. platforms etc. Unfortunately many people only start to think • Have an incentive scheme to keep all key about an exit at the last minute, driven by Value Destroying Issues: management team members on board to drive retirement or health issues or occasionally an There are a whole range of value destroying the business and be part of an effective DD unexpected approach from a potential acquirer. activities of which you must be wary: response team. It is much better to be prepared to exit at any • Lack of / or unclear IP, time! • Potential court cases and infringements of • what is DD response team? others IP, Exit Targets: • Client or employee disputes, • Be very wary of giving family members It is important to have thought and answered • Long term leases, non-jobs or benefits in kind such as expense the most relevant question when contemplating • Lack of/ or unclear contracts with accounts, cars, holidays, subscriptions etc.. exit. Who can you be valuable to? clients, employees, directors, contractors, partners, suppliers, • Earnouts and Retentions: Are to be avoided A list of domestic and international is the first • Unpaid or late; corporation tax, NI, VAT, as you will have little if any control once you step. Among them you might think of : company house filings, have sold the business. • Bigger industry players, • Small number of key clients, • Competitors, • Employment of family members • Revenue Recognition: Be really careful • Key partners, distributors or suppliers, of your revenue recognition policy, a prime • Your Management team, with an MBO, Data Warehouse: example of doing it wrongly is probably • Your own employees via an Employee In preparation for exit it is best to build a Autonomy. Trust that needs to be set up (beware “warehouse” for all your records and include: potential valuation issue!) • Keep cash in the business: If you can, • Up-to-date contracts for all: employees, entrepreneurs relief means only a 10% tax Value Enhancing Activities: directors, contractors, clients, advisors, charge on it, not capital or income tax! There are several considerations to address suppliers, partners, leases, share option when contemplating a profitable exit: schemes, Focus: • Become a Product based company: You may find that having a third-party advisor Product based businesses typically achieve • For the last seven years all of your: or corporate finance house working with you, higher valuations than service or people published accounts, management accounts, will help; prepare the sale document, advise businesses. VAT returns, NI returns, companies house on valuations, market you and hopefully filings, start a bidding war to increase the valuation. • SaaS Focus, ie convert all your revenue into This would allow you to carry on running and contracted monthly or annual payments rather • Share option schemes, building the business. than single deals, ideally 2, 3, 4 or five years in length. • All leases, After the Exit: A big part of your exit planning should be for • Blue Chip Clients: Whenever possible have • All IP Inc.: patents trademarks, website you to think about what you’re going to do in clients that are blue chip or Government or registrations, domain names design the future with all the time and hopefully money quasi Government Organisations; they are the registrations. Ensure that the company owns it at your disposal. After a few holidays, new car, ones with the cash and who pay all. house move, golf handicap down to 10 or less; it can be quite boring, especially in the winter • P/L: Enhance your P & L by being very • Shareholder register that is up-to-date and looking out the window! I feel that some positive careful with expenditures you plan, particularly with complete shareholder contact details. advice is needed here, if only to encourage the if those do not grow the business or add value person existing to get involved in pro bono work to the bottom line. External Shareholders: that interests him/her, such as the Guild offers. Understand fully any investment agreements • Partnerships: Grow your partnerships and your articles that impact shareholders. I have tried to highlight a few considerations for to the point where they are likely to want to Ensure you know what approval you need from a successful exit; but you will of course need to acquire you because you are so critical to your shareholders for an exit, especially a VC take professional advice on all aspects of your their activities. Have a number of partners who or institutional investor. Also be wary of the exit. become competitors to acquire you, driving up three-year rule for EIS/SEIS angel investments the valuation to protect their tax breaks. Good luck.
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191021_Cadence_GoE.indd 25 12/11/2019 16:59 MASTER PETER HEWITT ON THE LENGTHS HE Skydive WENT TO RAISE MONEY FOR THE GUILD TRUST
It was a long day - after leaving the final reminder of the drill by my tandem partner, beautiful views of Salisbury and the surrounding Cpl Steve Handley, inescapably shackled to his countryside - absolutely magnificent. house at 5.30am and arriving at Old harness, and, within a matter of minutes, we Sarum at 8am, I eventually got to were at 13,000 feet and ready to drop! We practised our landing position (my knees jump at 5.30pm! hugged against my chest) and then, very gently, Assertively, I was bum-shuffled along the bench we swept along into the DZ, and Steve plonked I’ve got to say that it was all pretty amazing. to the door, and, terrified, and hooking my legs us down perfectly. I’ve been bricking it for weeks (sleepless nights, under the aircraft, Steve rolled us out into nightmares, panics etc.) but the lads from the nothingness... A bit of cake and posing followed, and then the Red Devils were absolutely brilliant. Funny, day was pretty much over. What an unforgettable nonchalant, but very disciplined when the kit It was so weird - all my nightmares had experience. I’m glad the nightmares are over, came out - very reassuring for chickens like me! focussed on the height and the anticipation of and I certainly wouldn’t rule out doing it again, a stomach-churning drop, but THERE IS NO now I know what to expect! The plane was late arriving (sticky flaps needed “DROP”. We tumbled weightlessly into the sky, sorting out apparently), and then some tricky but I experienced no sensation of “falling” at all. 13 skydivers jumped out of the 15 places we’d low-lying clouds delayed the start even further. The indoor skydiving thingy I did a few weeks booked, raising in excess of £15,000. The I had to go and have a nap in the truck after back was exactly like the real thing - or rather, day marked the tipping point for this year’s lunch! the real thing is just like indoor skydiving! All I target for the charity, and we were surprised felt was the “wind” holding me up. and delighted to be presented with a cheque As the day wore on, the turnarounds became for £10,000 from the Drapers’ Company, quicker and slicker (there were 48 skydivers Unfortunately, the hat I’d been given in the who had been patiently supporting the being managed that day - most tandem, but haste of the changeover was bloody massive, Entrepreneurs during the day. The generosity some solo “recreational” jumpers), such that, and, in the bracing 100+ mph breeze, began to of our supporters made all the anxiety totally when the time came for my lift, we had about 10 come off - taking my goggles and sunglasses worthwhile, and, most importantly, is securing minutes to switch the slightly sweaty jumpsuits with it! Cue a mad scramble to keep them on years of support for business skills, education and harnesses (hence no “before” pictures, (cheers Steve for some quick-thinking!), which and entrepreneurship. sadly). did cause us to wobble slightly in the air… Thanks to all those that supported me (both The trip up was a brilliant - the weather was And then, all too soon, came the deployment of financially and with morale-boosting quips). The fine, bright and still, so we had a terrific view the parachute, and a very leisurely (albeit with JustGiving link is still live, I think. Now that I’ve of Salisbury cathedral, Stonehenge, and, in the a couple of sharpish turns to get us in the right survived, you can be sure that the cash is going distance, the Isle of Wight. I was taken through a position) descent into the drop zone. Beautiful, to the charity rather than to the local undertaker!
The Master receives a cheque on behalf of the Guild of Entrepreneurs Trust from the Master Draper, Professor Philip Ogden
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191021_Cadence_GoE.indd 26 12/11/2019 16:59 The Clerk - a proud survivor Practice makes perfect. Court Assistant Stephen Wheatley on terra firma
Hero: Freeman Chandan Rajah still smiling post skyfall (despite his first parachute failing to open) We all like a bit of cake! guildofentrepreneurs.org 27
191021_Cadence_GoE.indd 27 12/11/2019 16:59 The Master reflects on the Raleigh 400 legacy of Sir Walter Raleigh ENTREPRENEURSHIP IN INTERNATIONAL TRADE
How the Guild of Entrepreneurs Hall in City of London. The first element being With this broad economic question, as students a 6th form historical orientation given by QMUL consider the role of the internet of things and Annual Raleigh Lecture started. academics, and subsequent group discussion. artificial intelligence in enterprise and business; The orientation briefing was attended by they will be asked to look at the ways in which In 2013, I was approached by a some of my old some 110 pupils and teachers from 19 Livery established and new businesses are changing school friends suggesting that as I was ‘good supported schools such as: Christs Hospital, to embrace these innovations. We anticipate at organising’ (a back handed compliment!), so Bancrofts, St Pauls Way Trust and Halley that this will feed into any other modules why didn’t I create a small dinner to celebrate Academy. We were very pleased to see some that require a response to technological the 200th anniversary of the Battle of Waterloo 23 representatives from the livery Companies change such as “decision-making to improve in 2015, on the basis that our school Wellington I gave a short address on the event and operational performance” and shifts in College was created as the national monument its relevance to young entrepreneurs. production possibility curves. to the first Duke of Wellington and, any excuse Subsequently, a 30-minute presentation was for a good dinner. To cut a long story short what given by QMUL academic, Professor Jerry In conclusion, I am thrilled that what started out started out in my mind as a dinner for 30 -40 Brotton putting R400 in an historical context as a rather self-indulgent dinner has iterated people ended up with 640 people in Guildhall and this was followed by a 30 to 40-minute into really worthwhile hopefully annual event including the Lord Mayor, Sheriffs, the Duke of panel discussion, followed by a reception. that adds huge credibility to the Guild and gives Wellington, the Duke of Kent, The Taoiseach real benefit to the Livery and other affiliated of Ireland, 8 Ambassadors, 1 Field Marshall, The 2018 evening was considered such a schools. 10 Generals and the Marshall of the Royal Air success that the Drapers Company have Force etc. It was a truly unforgettable evening! very generously agreed to sponsor this years So, a couple of years later, I was feeling the need Guild of Entrepreneurs Raleigh Lecture which About Sir Walter Raleigh for another similar event and thought about is scheduled to take place at Drapers Hall on what anniversaries were coming up. Eventually December 2nd 2019. Sir Walter Raleigh (c.1554-29 Oct 1618) I realised that my ancestor Sir Walter Raleigh was a naval officer, Member of Parliament, (the ‘R’ in my middle name), was beheaded in The theme this year will be ‘The Fourth entrepreneur and polymath of the Elizabeth 1618. Thinking further about it, I also noticed Industrial Revolution - Context and Impact on I era. Raleigh was granted a royal charter in that Raleigh’s coat of arms was contained in a Entrepreneurship’ 1584 to explore and colonise the New World. stained glass panel in the lobby of Drapers Hall Whilst he focused on finding the rumored city of – I started making the connection of Raleigh, The plan being to broadly contextualise the gold, ‘El Dorado’ in the Orinoco basin, he sent Entrepreneur, City Livery companies and given Fourth Industrial Revolution, to encourage expeditions to the Americas which established that we had just voted for Brexit, perhaps students to consider whether they are living the Roanoke Colony in what is now known we could use this theme to further boost the through a true industrial revolution; to think as North Carolina. Raleigh was also involved, connection with the US and the east coast in about the characteristics that define an although not directly in the Plantation of Virginia particular? industrial revolution; and to give them valuable in 1609, which was funded by the 56 Livery crossovers in their history modules covering Companies of the City of London. The theme of the Raleigh 400 celebrations then the 18th Century (e.g. “industrialisation and became ‘to promote bilateral relations between the people”) and/or the 20th Century (e.g. the UK and US, with a major emphasis on the “transformation and change”). history, current trade and education, all under the theme of ‘Entrepreneurship in International Trade’, thereby acknowledging Raleigh’s significant contribution to both entrepreneurship and trade, as well as the importance of the US/ UK relationship in a post Brexit environment’.
Although we had a significant donor, unfortunately it was not enough to complete the entire planned programme. However, as it turned out we had an extremely successful event on December 12th 2018 with a number of schools, principally supported by the Drapers Company which has now iterated into the Guild of Entrepreneurs Annual Raleigh Lecture, again, very kindly sponsored by the Drapers Company – more about that elsewhere.
The Raleigh 400 Committee commissioned some research by Queen Mary’s University on the subject of ‘Entrepreneurship in trans- Atlantic trade’, the lessons of history, the crucial importance of and future challenges to bilateral UK-US trade, and the role of education in developing the future trans-Atlantic explorers, entrepreneurs, wealth creators and business leaders of our age.
So, the Raleigh 400 event on 12th December 2018 was a three-part event at the Drapers’
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191021_Cadence_GoE.indd 28 12/11/2019 16:59 OUR HISTORIAN SHARES HIS THOUGHTS
12th December 2018 saw the first event in the Raleigh400 programme, commemorating the 400th anniversary of the execution of Sir Walter Raleigh. Our Master, Peter Hewitt, being one of Raleigh’s descendents. The Guild is one of Raleigh400’s supporters.
The evening was attended by Guild historian, James Mellor, who has shared his thoughts along with one of his brilliant cartoons. This is what he had to say.
An Early Modern Entrepreneur Would you hire Sir Walter Raleigh? A loose cannon focussed on the short-term wins with a tendency not to follow orders might be a liability for a team. On the other hand, someone innovative, dynamic and driven could be a very useful character in the right situation. This was one of the questions put to the panel of history and business experts at the first Raleigh400 event and one which really got panellists and students talking.
Ten schools with connections to the City were © Honorary Historian James Mellor invited to bring students to the thoroughly enjoyable event arranged by the Master and hosted at Drapers’ Hall which, as the first of the Raleigh400 series, was an investigation into the past. Following a welcome address by the Master (a descendent of Raleigh), students were invited to discuss the similarities and differences between entrepreneurship in the Early Modern world and today. The past may be a foreign country, but aspects of it can often seem familiar. Raleigh’s nation stood on a threshold. The reformation had served to isolate England from European business. Trade was increasingly difficult and, in some cases, impossible. Individuals like Raleigh and his backers saw opportunities elsewhere: New trading companies, new trade routes and the New World itself.
Key differences were also identified by the students. Raleigh was not the upstart of myth but well connected in court, particularly favoured by the We work with entrepreneurs, monarch. Self-made men were not commonplace in Tudor England. There was much discussion about the Elizabethan barriers to entrepreneurial start-ups, family businesses, endeavours and advancement in general based on social class and gender and to what extent they have been removed. SME’s and investors providing
Raleigh’s ideas and connections came together with the Guilds and Livery legal solutions to help you Companies, among which were individuals who recognised the value of his proposals and financed his expeditions to Derry and Virginia. Students operate, grow and succeed. were able to learn about these in more detail from Jerry Brotton, Professor of Renaissance Studies at Queen Mary University. The lecture also encouraged students to consider business in an age before business ethics, how our interpretations are shaped by the world we are viewing the past from and what we can learn from how Raleigh is remembered in the countries he Trowers & Hamlins is a top 40 visited. The subsequent panel discussion allowed for the visitors to hear expert opinions not only on whether Sir Walter would have been hired by UK full service law firm. Lord Sugar, but on Early Modern investment and enterprise and factors that motivate entrepreneurs then and now. Students also fed their opinions and findings back to the panel and the variety of perspectives aptly reflected [email protected] the fact that students of history, business studies and economics were all +44 (0)20 7423 8000 present.
The question of whether a 21st Century business might hire Raleigh brought the man hypothetically into the modern world. An interesting observation shared by the students was how they believed he would have thrived here. trowers.com A brilliant self-promoter, able to put a positive spin on all his endeavours, and able to tell the story of each as a pitch to raise interest and funds for the next – social media seems made for him.
James Mellor Hon. Historian, Guild of Entrepreneurs
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191021_Cadence_GoE.indd 29 12/11/2019 16:59 The Guild of Entrepreneurs and the Defence Academy of the United Kingdom
We are rightly proud of our relationship with UKDA. It is the premier centre of learning for senior military officers destined for the very top and the next civil service mandarins. It is also open to military officers from friendly nations to come and interact and learn alongside our brightest. It is, in effect, a college campus covering many disciplines. Many of you will have visited, I held my Master’s weekend there and we have had many distinguished representatives of the Academy at our events. As an ex-serviceman, albeit as an enlisted man rather than an officer, I am hugely interested in its workings and how it imparts knowledge and skills to its students.
It has recently undergone a huge re-structure and now has a largely new senior management team and whilst this has meant that our relationship has, until now, been largely social things are changing fast as the new senior management team continue to build out their courses and offerings.
It was against this backdrop that I was invited to the Business Skills College as the first guest speaker on the first live module of the new Strategic Business Programme. Whilst I view this as an absolute privilege it was not without some trepidation that I presented to a room full of very senior officers and civil servants about business. It really was a little surreal to be speaking to those at the sharp end of military operations about risk and risk mitigation, albeit from a business perspective.
The feedback has been truly wonderful and I believe has further strengthened the bonds of friendship and co-operation between us with Captain Carter RN, Head of the Business Skills College, writing to say that this will be the first of many opportunities to collaborate and that my presentation ‘catapulted their broader grasp of risk and governance to new levels.’
Immediate Past Master, Lee Robertson
Immediate Past Master Lee Robertson with the Defence Academy’s Major Tom Mouat MBE 30 guildofentrepreneurs.org
191021_Cadence_GoE.indd 30 12/11/2019 16:59 Transforming Conflict into an opportunity for growth
Conflict is part of the human condition. In order to prevent damage when conflict arises, teams can be trained to use RA techniques to resolve issues before damage can be done. Team can then become safe places where conflicting views and It affects every part of our lives – ideas can be communicated without the threat of personal attacks and bullying. personal relationships, communities, teams, organisations and countries. Are we creating business environments that foster reconciliation and shared accountability? If not, then Throughout my working life, I’ve seen now is the time to try. how conflict can be a destructive Restorative Approaches can help play a part in creating an environment that allows for reconciliation force in organisations. Who hasn’t? and shared accountability within the workplace. The benefits of RA are transformative – it has been used very successfully in the criminal justice system (known as Restorative Justice) and in our schools. Every day we read articles about key staff who Why not in the workplace? leave businesses, partnerships that breakup as well as organisations that underperform due You may be asking yourself (as I have asked myself many times as well!) – what is Emily Miller, the to internal conflict. Should we just accept that founder of a LinkedIn Training consultancy, doing getting involved in such things? It seems like a huge damage will be done – to businesses, teams disconnect – LinkedIn training and then Restorative Approach consultancy and training! and people’s lives – due to workplace conflict and nothing can be done about it? I have had the great privilege to work with extremely bright, talented people who want to raise their professional profiles online through LinkedIn training. The best part about this work has been to see At least for me, the answer is no. Conflict is part a golden thread that has woven itself into their many times varied careers – a golden thread of their of our working life but it can be transformed underlying passion to make a difference in this world and their unique voice. It was a joy to work with into an opportunity for growth, healing and them to communicate their unique voice online and build their confidence in using a very powerful understanding through embedding the practice professional online platform that could help their careers. of Restorative Approaches (also known as Restorative Practice) into our businesses and Training as a Restorative Approaches practitioner is my newest adventure into revealing the golden the way we work. thread in my own career - helping people communicate their unique voice and building skills that can make a huge difference to their working life in a truly meaningful way. What is a Restorative Approach (RA)? According to ‘Transforming Conflict’ it “provides an I will be working over 2019/2020 towards certification as a Restorative Approaches Practitioner so underpinning ethos and philosophy for making, please do get in touch if you’d like to discuss how your organisation does (or doesn’t!) resolve conflict. maintaining and repairing relationships and for All conversations are of course confidential. fostering a sense of social responsibility and shared accountability.” (Transforming Conflict, Freeman Emily Miller, a Restorative Approaches Practitioner n.d.) References Instead of relationship breakdown when Transforming Conflict. (n.d.). Retrieved from Transforming Conflict: https://transformingconflict.org/ conflict happens, whether this is on a one- Zehr, H. (2015). The Little Book of Restorative Justice. New York: Good Books. to-one individual basis, a team basis or an organisational basis, RA can provide a process that allows each party involved to tell their story in a way that fosters healing and finding a way forward.
The restorative approach provides a safe, non- judgemental space for asking the following questions:
• Who has been harmed and what do they need? • Who caused the harm and what do they need? • Who else has been affected? • How can this situation be resolved so everyone can move forward?
The solution to moving forward must come from those involved in the problem – working together to find a way forward.
The Restorative Approach “provides an inherently positive value system, a vision of how we can live together in a life-giving way. It is based on the assumption – a reminder for those of us living in an individualistic world – that we are interconnected.” (Zehr, 2015)
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191021_Cadence_GoE.indd 31 12/11/2019 16:59 Copycat, copycat sitting on your door mat!
“Much has changed in intellectual 5. If I can prove they’ve copied it, what can I Stephanie Kleyman is a director of Kleyman do. ? I’d usually start with a letter telling them & Co Solicitors, a full service law firm based in property terms since I started in law that you believe they are using your original London. She has been in practice for over 30 30 years ago.” Freeman Stephanie work in breach of your copyright. If it’s years and specialises in commercial law. Kleyman offers sage advice. intellectual property, such as your logo, I’d send a “cease and desist” letter, telling them to stop We are all much more aware of the value of immediately. If they are in the same or a similar our brand and it has become something much industry to you I might even claim that they are more widely used, on websites and emails, not guilty of “passing off”, which is where people to mention social media. Having said that, I am might be confused and could deal with them still asked many of the same questions, and believing that you are connected in some way - there are still some of the same misconceptions so they are trading off your good reputation and about copyright law and how it works. Below possibly damaging it. If it’s using your work, are the questions I’m asked most often, and the such as a film, book or artwork, it would be a best general answers I can give. claim for damages.
1. What is copyright ? - it’s the protection that 6. What if they won’t agree to stop/pay you have over any original piece of creative damages. ? Depending on the strength of the work. So every painting you create (even case, I’d be considering an application to court the doodles on the side of your pad or the for an injunction and/or an order for damages messy drawing your child brings home from and costs. However, I’d be very cautious about school), books you write, even this article is an threatening this unless you have a good case. original piece of work and the copyright in it Litigation is expensive and unpredictable. You automatically vests in the person who created might want to start with something a little less it. aggressive, such as mediation, which can be very formal (with an independent mediator to 2. How do I register my copyright? - unlike try and help the parties reach an agreement) or trademarks and patents there is no universally informal (just you and them sitting down round accepted organisation where you can register a cup of tea to see if you can thrash something your copyright. There are ways in which you out). can publicise your right to claim ownership of your work, such as using the © sign on it, but if 7. What if I’m on the other side. ? It’s not someone else claims ownership (e.g. because uncommon for people to accidentally breach they claim to have created something similar other people’s copyright as highlighted by the before you created your work) it might come Real Useful Group case I mentioned above. So down to evidence as to whose work came first, if you are producing something new (such as and whether one was influenced by the other. a new business name and logo) have a search around the internet and check if anyone is 3. So if I can’t register it, how do I protect my doing anything that is similar, and consider what copyright. ? Ideally you want evidence of what changes you want to make, to ensure that your you created, and when. For example, if it’s a work really is original, even if any copying was manuscript for a book, you could send a copy purely accidental. to your solicitors, who would keep it in their safe, and could then produce the work and 8. What if it’s mine but someone else claims records to show when they received it. it’s theirs.? This most commonly happens when you pay someone to produce something for you 4. So if I can prove what I produced and when, (such as a logo or a web design) and then there no one else can use it? In theory yes, but in is an issue over ownership. You say it’s yours practice it’s not always as straightforward. because you paid for it. They say it’s theirs Many years ago I took part in a case involving because they produced it, and all you bought Andrew Lloyd Webber and the Really Useful was the right to use it. Check the terms and Group over copyright of the main piece of conditions (preferably before you sign up!) to music in Phantom of The Opera. The case see who owns the copyright afterwards. If the failed, ultimately because we were able to show agreement doesn’t confirm that the copyright that our side had created our piece of music passes to you, then consider how this affects long before we could ever have even been you and whether you want to renegotiate those aware of the other side’s piece of music. The terms or take your business elsewhere. Don’t conclusion was that it was a complete fluke assume that just because you paid for it, that it that both sides had produced a similar piece belongs to you. of music completely independently of the other. As a result, it could not be established 9. What if you still haven’t answered my that we had breached copyright. I often refer question ? Sorry, but copyright law is a very to this case (not just because I like to name wide area and becoming more important in our drop!) but because it demonstrates the fragility lives as more information is available on line. If of copyright - you have to not only show you you need more answers, I’d recommend talking created it, but also that it is your piece of work to a good solicitor – and I know one! that another party has copied. Freeman Stephanie Kleyman 32 guildofentrepreneurs.org
191021_Cadence_GoE.indd 32 12/11/2019 16:59 Master Elect Rick Lowe OUR SENIOR WARDEN LOOKS FORWARD TO 2020
The Master congratulates Rick on his promotion
As I look forward to my year as seen and experienced Entrepreneurs giving We also need to get better at telling the world back via our Outreach and Education projects. about who we are and what we do. With this Master - beginning November 26th And let’s not forget the opportunities to meet in mind we will be doing more to leverage our at my Installation at Drapers’ Hall - I and engage with some truly amazing Freemen communications channels to educate and Entrepreneurs! excite. Of course, this will also be directed am setting out plans and priorities to our Freeman who will benefit from regular to build on the sterling work of the My focus for the coming year centres around 3 updates on our progress and good work. key areas, and I will be working closely with our past Masters, Wardens, the Court esteemed Committee Chairs to develop: These are my primary areas of focus , but, of and active Freemen. All have played • membership course, I will also be working hard with the a key part in growing the Guild into • events, and Guild of Entrepreneurs Trust to build on the • communications spectacular fundraising of 2018-19. I’ll also what it is today. be supporting our Outreach and Education The stability and future of the Guild depends projects wherever I can. These are the vitally The Guild is entering its seventh year, and, as primarily on its membership and I will be important foundations of our philanthropy - a Founding Freeman, I have been privileged to stepping up the initiatives to ensure we engage allowing us to give back with our time and have witnessed and participated first-hand in fully with existing Freeman and support the money to help those setting out on their each stage of our exciting journey. recruitment and active involvement of new entrepreneurial journeys. members. This approach will build momentum If I think back to what attracted me to join and further invigorate our wonderful Guild. It I look forward to serving the Guild as its the Entrepreneurs in the first place, it was will spin off into all aspects of what we do and, Master and working with you all to make the that exciting mix of modernity and tradition – of course, generate funds to allow us to grow next chapter of our shared story successful, Entrepreneurs positively influencing the modern effectively. engaging and enjoyable. Livery movement but with a firm respect for the traditions and splendour of our wonderful and Looking to events, I have been exploring what Rick Lowe, Master Elect unique City. has been successful with a view to building more on what works, and what Freeman and their I have had the good fortune of experiencing guests enjoy. We are all busy entrepreneurs, many magical moments, unique events, and and we all need to use our time wisely, so I am majestic suppers in some of the finest Livery confident that the calendar for my year will offer halls, but, perhaps most importantly, I have you variety, buzz and entertainment.
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191021_Cadence_GoE.indd 33 12/11/2019 16:59 Adapting to the changing face of work The world of work is transforming at a “Today’s employees are less interested in perks responsibility to set them up to be working like table tennis tables and much more focused from home. Some people fudge that, but it rapid pace, with the next generation on the support that employers can offer in does create legal risks. Secondly, you have of employees demanding a wholly demystifying pensions or offering savings tools” got to make sure you can manage the work She adds, “Historically, employers have tended that is done in an agile space, which is a new different set of policies, procedures to steer away from some of these products challenge to many employers. That can be very for fear of falling foul of legislation and being difficult and can create real issues of trust within and relationships to those that went perceived to be giving financial advice. But that the workforce.” says Burrows. before. is, in fact, a very manageable risk and there is lots that they can do, which really supports She adds: “Lastly, it’s very difficult to Millennials are embracing not only agile working employee recruitment, retention and well- overestimate the lack of control that you have but zero-hour contracts and other atypical being.” as a result of people not being in the office when working arrangements. The expectation of a job it comes to your data, intellectual property and for life is now but a distant memory, replaced In addition to well-being, the changing face so on. You have to really focus on data security by new demands of employers much more of the labour market is placing new demands and protecting corporate wealth, because likely to be focused around culture, ethics and on employers from a legal and compliance it is frankly a lot easier for people to behave responsibilities. perspective. Employment contracts change irresponsibly with confidential information when much more today than they ever used to and they are not working alongside a colleague.” The Employment and Pensions team must now take account of much broader has developed a new Future of Work definitions of employment status. They must One solution is to invest heavily in tools that blueprint to support clients. This includes a also adapt to agile working by changing facilitate people working together, organising multigenerational workforce and issues ranging performance targets to be based more on regular check-ins and focusing on building the from the shift in real estate investment towards outputs and deliverables rather than inputs, or team ethos by new means in the absence of more co-working and flexible workspaces to hours spent behind the desk. workplace camaraderie. challenges associated with employment status for casual workers in the gig economy. “Flexible working creates a lot of new challenges Emma Burrows, Partner for employers that people are only beginning to +44 (0)20 7423 8347 Emma Burrows, head of the Employment and understand.” [email protected] Pensions team, says: “With the rising number of employment tribunals (doubling last year) and First are the risks associated with people Rebecca McKay, Partner a focus of many on #metoo allegations, some working at home, when employers have a +44 (0)20 7423 8341 of the biggest risks we see our clients facing at [email protected] the moment are discrimination risks. People are much more likely to come forward with these types of complaints now and demand action. Claims of whistle-blowing and discrimination by one employee against another are increasing, and those can be high-value and demand a huge amount of management time to reach a satisfactory resolution.”
In the new climate, there is a growing onus on employers to be proactive and look after the well-being of staff, and that includes physical, mental and financial well-being. Starting with physical well-being, employers need to make sure procedures and practices are understood to ensure employees take regular breaks, have time to visit the doctors when they are unwell and work in a healthy environment, which emcompasses the state of the buildings. Such measures can lead not only to happier employees but also to reduced absence as a result of sick leave.
“When it comes to mental well-being,” says Burrows, “we increasingly see companies putting in place mental health first-aiders, and giving people training on understanding mental health, to provide support in instances of stress at work”.
Rebecca McKay, a pensions partner says: “There is a lot that employers can do to support employees with their financial well- being. Financial stress causes a huge cost to UK plc as a result of lost work-time and it really is something that employers should take seriously. Emma Burrows, Partner, Head of Employment and Pensions - Trowers & Hamlins 34 guildofentrepreneurs.org
191021_Cadence_GoE.indd 34 12/11/2019 16:59 The Appreciation Supper A ‘HOW TO’ BY MASTER’S CONSORT, FIDELMA HEWITT
The appreciation Supper is held by Dinner It is customary to wait for the Master at the the Guild of Entrepreneurs once a dinner to be the first to commence eating. year for new Freeman their guests and sometimes Masters from other Mobile Phone It is considered bad form to either use or take Liveries. This supper is a guidance out your phone during the meal. on how we expect our members to behave when they dine as members Photographs Photographs should not be taken during of the Guild. the dinner. There is always a professional photographer if you need a photograph before The supper is always done in good humour and or after the meal. respect for all present. There are many customs and traditions, some dating back many Rose Bowl hundreds of years when you take part in a Guild In Tudor times forks did not exist guests dinner. During the meal the Master will explain would be expected to bring their own knives the ceremony of the Loving Cup and the Rose to a dinner. The use of the Rose Bowl was to bowl a tradition that is followed by, in particular, cleanse your hands before dinner and again the more established Liveries. when the dinner was finished. Master’s Consort Fidelma Hewitt
Members and Freeman of the Guild should The rose water ceremony is designed to refresh, recipient has turned away from you, you then ensure their guests are aware of the dress code and to aid digestion. Dip the corner of your turn round and guard his back and make sure for any function they attend at the Guild. table-napkin into the rose water pat or gently that the person who was guarding your back is rub the damp corner behind your ears and your sitting down. When the cup is again handed on, Dress Code writs this will stimulate the vagus nerves. This is your job is done and you tap the person on the There are two types of dress usually worn also known as the ‘Alderman’s nerve’!! shoulder to indicate you are sitting down. at formal dinners: Dinner Jacket (‘black tie’) or Evening Dress (‘white tie’). Freemen and The Loving Cup The Royal Toast guest of the Guild should ensure their guests The key rule is that there must never be more When we stand for the toast to the Queen do are aware of the dress code for any of these than 3 people standing at any one time. Unless not pick up your wine glass until the first verse function. you are starting the circulation of the cup, you of the anthem has been sung and the Master do not stand until the person who has it turns to says once again ‘The Queen’ Black tie you with the cup in their hands. Gentlemen Comfort Breaks When the dress code is black tie for gentlemen. As they to you, you rise and bow; you raise Whilst we do not expect anyone to be Black will tie will mean a plain, black bow the lid in your right hand with a flourish and uncomfortable, strictly speaking, no one should tie accompanied by a white dress shirt wait while they drink and wipe the rim with the leave the table for any reason until after the and, if wished, either a black waistcoat or a cloth. You then replace the lid and take the cup loyal toast. The order of events after the meal cummerbund. by its handles with a bow; you turn to the next is normally sung grace, loving cup, and loyal person who rises, bows, raise the lid and so on. toasts after which coffee is served. Speeches It is inappropriate for a gentleman to wear a When you have handed the cup over, and the and any musical entertainment usually follow. white or coloured tie with a dinner jacket at a livery dinner but a white dinner jacket in the summer, national dress or uniform would be acceptable. APPRECIATING THE APPRECIATION SUPPER Guild guest: Andrew Richardson, MD, Home House Ladies Ladies should be cocktail or evening dress. The dress does not have to be full length but Loving cups, rosewater bowls, very short dresses are not appropriate. Trouser suits may be worn on this occasion. Shoulders napkin folds, conversation etiquette should be covered either by the dress itself or and dress codes, all so formal, but by a suitable jacket or wrap. so much fun. White Tie Gentlemen Important customs beautifully preserved, yet For gentlemen, white dress shirt with stiff explained and presented with an element front and wing collar, white bow tie and white of modernity. Thankfully, The Guild of waistcoat, black evening tailcoat and black Entrepreneurs achieved a wonderful balance evening trousers, black socks and black patent of formality and fun at the recent appreciation shoes. supper I gratefully attended.
Ladies The sense of fellowship was warm and For ladies, a full length evening dress, ensuring welcoming. I had the pleasure of compelling shoulders are covered. Wearing of Opera conversations and particularly enjoyed sitting gloves is now back in fashion but still optional. between my host, the Senior Warden and a Shoes should be a court shoe not a sandal. newly joined member, an air acrobat running Cleavage kept a respectable minimum on these her own flying school. A great example of past occasions. customs meeting the modern world of today. Andrew Richardson guildofentrepreneurs.org 35
191021_Cadence_GoE.indd 35 12/11/2019 16:59 Ask an entrepreneur series A REGULAR AT LBS
Now a regular in the London Feedback suggests that this combination is In the May - Building Successful Teams session both inspiring and informative in equal measure, - Mark Huxley talked at length about what he Business School (LBS) calendar. manifesting itself as an extended networking had learnt having built 11 different businesses The Guild ‘Ask An Entrepreneur session afterwards whilst we enjoy drinks and in different sectors during his hugely successful nibbles from our excellent hosts at London 46-year career to date. His key message Series’ has rolled into its second year Business School. revolved around how critical the businesses in 2019 with three events organised. founding team is to its success. Indeed, many of the conversations started there The format has now settled down and starts are followed up after the event and there have And in October’s - What Gets Measured, Gets with brief introductions by Jeff Skinner, even been successful applications for new Done session - Freeman Nate Burke bought Executive Director of the Institute of Innovation Freeman to join the Guild. to life the need to create dashboards for your and Entrepreneurship London Business School, business so you can ensure that the business is and our very own Junior Warden, Judy Haddon, Partly this is because there have been an travelling in the right direction at the right speed before handing over to resident Master of increasing number of Freeman attending giving and with the optimum amount of resource. Ceremonies, Barnaby Wynter. The meat of the young entrepreneurs a real boost as they the evening is a Q&A session with an expert share their experiences and get advice from No matter what stage of business you are at, entrepreneur on a chosen subject where during other entrepreneurs who have been there and there is always something to get you thinking a 20-minute discussion, the audience gets to done that. about how you can improve the way you run hear, at first hand, the challenges, opportunities your business at The Guild of Entrepreneurs and real-time solutions that face so many of us In the March - Scaling Your Business - Lessons Ask an Entrepreneur Series at London Business as entrepreneurs. from the battlefield session - Freeman Avi School. Lasarow, stepped up to plate and spoke at If that is not enough, this is followed by two length about how he scaled his healthcare Look forward to seeing more of you there. 15-minute sessions with volunteer business business and took it international revealing owners currently working with LBS, who some valuable insights on what you need to Founder Freeman Barnaby Wynter challenge the expert with a business issue scale your business covering: Brand; Systems related to the topic at hand. This is where and Processes; Having the right people; Focus the rubber meets the road and gives the on the right details; Cash; Acquisitions. Guild Freeman attending, the opportunity to demonstrate their expertise in front of what has become, a regular audience of over 80 entrepreneurs.
Court Assistant James Talbot (L) with LBS staff 36 guildofentrepreneurs.org
191021_Cadence_GoE.indd 36 12/11/2019 16:59 London Business School FREEMAN Summer School JOHNNY MANNING On Thursday 28th July, following 2. There’s as much to be gained by the Maria and I met a further three times after the mentor as there is the mentee. Being thrown initial evening, and I was consistently impressed Jeff Skinner’s typically candid into something unfamiliar is going to be far with the amount that she had taken on and introduction, I stood amongst the more valuable in igniting and expanding my actioned from each of our sessions. One of own thinking than treading a familiar path. the key briefs from LBS is to encourage the throng* of volunteer entrepreneurs students to “get out from behind their desks” in With all entrepreneurs having received their order to road test that there is a real appetite for eagerly anticipating our student/ assignment we were thrown into the adjacent their product in the market, regardless of how project allocation, with all the nerves room for drinks and nibbles, and for the great it looks on paper. Maria never shied away seemingly chaotic task of trying to find your from my demands that she stop dog walkers of waiting to be picked for a school- mentee with only their name and business in the street for a chat, or wander into every break football team. idea to go by. To my surprise, two seconds pet store in London, and the development of later I’m greeted by Maria who’s already her idea over the month showed she seriously “Johnny Manning - Maria De los Angeles tracked me down on LinkedIn, giving her reflected on the conversations that took place. Escobar… some sort of social media platform the easy task of spotting the only Dave Grohl for pets,” Jeff disparagingly announced. Not lookalike entrepreneur in the room. I’m already I’m looking forward to hearing her final result, ideal, I thought; I’ve a rather large aversion to impressed by someone who’s taken the time to however find it of little relevance whether she social media on a personal basis (I’ve never prepare for this meeting in advance. wins the prize. For me, the process of taking tweeted my thoughts, and I’ve spent every someone “out of the classroom” and helping holiday, meal time and gig enjoying the moment And so we delve into her project, which it them explore their ideas in a practical manner rather than documenting for Instagram) and transpires is by no means a social media has once again been thoroughly rewarding, I’ve spent 11 years building my business while platform for pets, but in fact an ambitious online inspiring and enjoyable. I can’t wait for next consciously avoiding social media, which has ecosystem/marketplace bringing together a year, and can certainly understand why so inadvertently led us to a corner of the market currently unaggregated industry. A place where many of the volunteers have been attending for with very little competition. pet owners can both buy products and book so many years. services, while reviewing and recommending However, my two favourite aspects of mentoring to others on the platform. We decided fairly *Is there an agreed collective noun for a group are as follows: swiftly that one of her key challenges was of Entrepreneurs? A brief google has hinted communicating this concisely to the likes of Jeff at “A fad of entrepreneurs”, “An ambition of 1. Business principles are essentially the who had so quickly described it as “Pet Social entrepreneurs” or perhaps “An arrogance of same across all sectors. A lack of knowledge or Media” and Barnaby Wynter, who occasionally entrepreneurs.” Perhaps this is something the passion for social media won’t prevent me from walked by impersonating a poodle taking Guild should have authority over? making a valued contribution to Maria’s project. selfies - an impression well worth asking him to repeat.
Court Assistant Mark Huxley with his mentees Is there an agreed collective noun for entrepreneurs? All comments and suggestions gratefully received! guildofentrepreneurs.org 37
191021_Cadence_GoE.indd 37 12/11/2019 16:59 Prof. Jeff Skinner briefing the cohort
The pitch to the judges 38 guildofentrepreneurs.org
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UK DEFENCE ACADEMY AND THE GUILD OF ENTREPRENEURS CREATE THE ENTREPRENEURS’ PRIZE
The Guild of Entrepreneurs has been formally affiliated with the Defence Academy of the United Kingdom since 2017, and ties between the two organisations continue to grow. The Guild’s 4th Master, Mr Lee Robertson, hosted his Master’s Weekend at the Defence Academy in 2018 and Freemen Entrepreneurs have been involved closely in the Strategic Business Programme at the Academy. (See page 30)
This relationship is now deepening further through the Entrepreneurs’ Prize. Recognising the best entrepreneur within the Academy, faculty heads are currently putting forward their most innovative and entrepreneurial candidates to the Guild’s Awards Committee for consideration. Once the Committee makes its decision, the inaugural prize will be awarded at the Academy’s base in Shrivenham in March 2020. The winner then being invited to be our guest at next year’s Summer Banquet.
Speaking of the award and the Guild’s involvement, a spokesperson for the Academy said: “As the Defence Academy undergoes a programme of transformation, the accord with the Guild of Entrepreneurs has been developing on many levels. The recent announcement that they will be choosing a candidate from across the seven Faculties to be awarded the inaugural Best Entrepreneurs’ award will both recognise and reward our staff, our most prized asset. Each faculty will choose their best Entrepreneur and then the names together with the citations will be forwarded to the Guild for them reach a judgement as to whom best fits the criteria for the award. The presentation of the award in early 2020 will be a demonstration of the importance of our relationship. The Defence Academy is hugely grateful to the Master, the Clerk and the committee for their hard work and commitment to our partnership and specifically in identifying the worthy winner of this award.”
The Defence Academy of the United Kingdom develops “the intellectual edge for success on operations and leadership in government”, and is an internationally-recognised leader in military innovation, technology and skills. Key business skills are at the centre of many of the Academy’s programmes, and, to further and develop these skills, the Guild of Entrepreneurs and the Defence Academy of the United Kingdom agreed an affiliation in December 2016. This was signed into effect by an Article of Affiliation at the Spring Lunch on Tuesday 28th March 2017.
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191021_Cadence_GoE.indd 39 12/11/2019 16:59 Master’s Weekend 2019 COURT ASSISTANT MARK HUXLEY REFLECTS ON THIS YEAR’S MASTER’S WEEKEND
It’s a tradition within the Livery Movement, that the Master hosts an annual gathering of their Freemen to enjoy the Fellowship that resides at its core. We at the Guild of Entrepreneurs are no different and 27th to 29th September saw us gather in London to enjoy a range of activities carefully curated by the Master.
The weekend kicked off on Friday morning to experience a behind-the scenes visit to the huge £3.8bn Tideway construction project, we saw first-hand how the Victorian sewers are being supported by building 25kms of a new The Master thanking the Argentinian Ambassador for his kind invitation for drinks at his residence Super Sewer directly under the Thames.
Following a delicious lunch hosted by our friends at Drapers’ Hall and with a few more Freemen joining us we relocated to the Mansion House for a private tour. Our personal guide John shared its fascinating history and introduced us to behind the scenes that visitors wouldn’t usually get to see. We were also able to visit the vaults where The Lord Mayor’s treasures are stored; including the various swords, maces and regalia worn by the Lord Mayor throughout history. After a short walk across to the Guildhall we were taken by one of the London Metropolitan archivists to the Art Gallery see its own very own copy of the Magna Carta and then to the Library to a private view of their copies of Shakespeare’s folios, including a hugely rare first edition worth some £5m. A priceless artifact that for some reason they seemed keen that we did not handle. The look of trepidation on the archivists face, as fifteen jolly Freemen approached, was a delight!
With a quick turnaround to spruce up and don The Air Ambulance at the Royal London Hospital more formal attire we were invited to join the Argentinian Ambassador at his residence for drinks. With his time being precious he made a delightful speech welcoming us, but then had to bid us goodbye to attend another event. Not to fear though he would join us at another event on the Saturday… Passing across to our Master Peter Hewitt, Peter spoke of the relationships between our two countries and how with the assistance of the British & Argentinian Chamber of Commerce, entrepreneurialism is flourishing and how via Connect AR – UK business relationships are being built every day. With a response from representatives from the association and formalities complete, we did what us entrepreneurs do best, network. With some real energy in the conversations and connections made, this brought our first day to a close over a couple of glasses of gin at private members’ club Home House.
Saturday morning had been arranged with an alternative private guided tour of Tower Bridge The Tideway Project 40 guildofentrepreneurs.org
191021_Cadence_GoE.indd 40 12/11/2019 16:59 or an exclusive visit to the Air Ambulance at Bidding them farewell some of the group the Royal London Hospital in Whitechapel. relocated to St Paul’s to enjoy its Evensong With numbers split and once again more service, whilst others retired to their hotels to Freemen joining in we each took our tour. ready themselves for our weekend closing For those visiting the bridge they got to enjoy dinner. Donning our Black Ties and Cocktail a completely immersive experience of its Dresses and courtesy of the Worshipful construction and vital role played then and Company of Watermen and Lightermen who today in London’s rich commercial tapestry. allowed us to use their hall, we were once again And for those visiting the Air Ambulance it was reunited with the Argentinian Ambassador and a clear reminder of the valuable role it plays in his wife as they joined us as guests of honour saving lives on a daily basis, and how all of this for dinner. Following a delicious meal cooked is achieved outside any financial support from by Watermen’s Hall caterer and Freeman the NHS, it having to raise the considerable Entrepreneur Mark Grove of Cook & Butler, we funds required themselves. Lunch followed in were entertained by Tower of London Yeoman the bustling Market at Borough at Fish! where Warder Colin Smith MBE BEM, who told many we all came together, ate, drank and enjoyed an amusing story of the Tower and his work much merriment sharing stories of the weekend there. This was a precursor of the treat that was thus far. We are blessed with a lovely range of to come as we followed Colin down to Tower people & personalities and it is at events such to experience the centuries old event of the as this that the genuine fellowship we enjoy Ceremony of the Keys, when it is locked up comes to the fore. for the night. Not open to the public, the event has taken place every day for at least the last Suitably refreshed, we took a lovely walk along 700 years and it is a true privilege to witness it, the South Bank heading west up the river to made more so with Colin guiding us through it Waterloo Bridge which happens to be the home in his own inimitable style! of the RNLI Tower Station. We are proud that we include Stephen Wheatley amongst our Not even the slightly biblical rain could put a Freemen. Stephen has been a lifeboat crew dampener on events and once being sure the volunteer for a decade or so, based at this Tower was properly locked, we made our way station. He had kindly arranged for us to have back to the Watermen’s Hall for a nightcap and a private tour, including a presentation from his to say some final goodbyes as the weekend’s colleague Martin, who shared many fascinating events drew to a close. For many that was the facts about the RNLI’s history and the variety close but for a few, they stayed in London for and scale of operations they undertake both Sunday’s annual Freeman of the City’s Sheep around our coasts and inland waterways. Drive. Arranged by the Worshipful Company of Stephen then gave us a talk about the boat Woolmen, those with the Freedom get to mark they use at the station that allows them to get this by driving sheep across London Bridge. to “shouts” over an extended distance in very Freemen Judy Hadden and Mark Huxley drove short periods of time. The tides and flows of their sheep (well walked tentatively behind the Thames make it a very dangerous body of them) supported by some other Freemen who water and speed really is of the essence to save stayed over to enjoy the event as well as the lives. The modesty and pride both Stephen and Livery Fayre nearby at Monument. Martin portrayed was humbling in the extreme. Our tour there ended in the kit room, where as With that really being that, the weekend is now is traditional, we got to enjoy some dressing but a happy memory and am sure our Master up! Despite the Thames being surprisingly Elect Rick Lowe is already plotting and planning clean (the brown colour is caused by silt), the his own weekend for 2020. Something that will overriding message was “don’t swim in it!”. be something not to be missed.
Court Assistant Mark Huxley
Our Freemen baa-rely in control of their sheep! Glimpses of London guildofentrepreneurs.org 41
191021_Cadence_GoE.indd 41 12/11/2019 16:59 Master’s Weekend 2019
A visit to the Tower! Argentinian Ambassador and his wife
Black tie dinner at Waterman’s Hall
Court Assistants Mark Huxley and Pippa Watmough are let RNLI Tower loose in the dressing up box
The history and work of the RNLI Back to Draper’s Hall for lunch 42 guildofentrepreneurs.org
191021_Cadence_GoE.indd 42 12/11/2019 16:59 Chair of Communication Committee, Mark Huxley shares an update on 2019.
Communications and Events
One of the greatest pleasures of being part of the Guild is getting to witness the great things all our Freemen do. 2019 has seen the committee continue in its work to share them within the Guild and externally. And more so that we continue to find more methods to do so. In a similar vein we take great pride in the work to support the various events organised when we tangibly enjoy the fellowship of the Guild.
This year’s Master Peter Hewitt set out some key milestones for his year, to materially move the Guild forward towards it attaining its Company status, which requires a significant focus upon increasing the worth of our Trustfund, to build a platform wherein Guild Freemen can harness the professional skills of fellow members and to build upon the anniversary of the death of his antecedent, Sir Walter Raleigh; arguably Britain’s greatest historical entrepreneur. Mark Huxley - Chairman, Communications and Events Committee Taking each of these in turn, we supported the Guild’s Trustfund Taskforce and within it helped by producing the Guild brochure sent to every we would welcome any ideas about future confirming numbers, paying for them, etc. Freemen by the Master. As a publication it has enhancements that you would like to see. and without certainty of numbers it makes this been well received and feedback has told us almost impossible to calculate and creates a that it has been a great help to those joining the As soon as the Master was installed last financial risk for the Guild. Please do book as Guild who are new to the livery movement, with November, so it saw the Guild support his own early as you are able. its uniquely historical ways. We have therefore Raleigh400 event in early December. Hosted by decided to build upon this and have begun our friends at the Drapers’ and attended by 120 Much of the day to day work for our committee work upon creating an induction pack for all plus year 11 & 12 students from Livery schools centres upon using all our available channels new Freemen that will share wider information and those we support, numerous Masters and to communicate with our Freemen and more about the Guild and why we exist. A great part others from other Livery Companies, it brought widely. This year saw us launch our very own of which is to support the Trustfund and its together a large cross-section of our Freemen Podcast channel where we have interviewed fundamental role in us fulfilling the pledge we helping deliver it. The evening was in three Guild Freemen and publish the audio from take to use our skills supporting entrepreneurs key parts to consider and reflect upon the life some of our Outreach events, including the within the City and wider. Much of which of Raleigh; curriculum compliant workshops keynote and panel session from last year’s being delivered in our Outreach and Education for the students facilitated by Guild Freemen Raleigh400 event. They are a fascinating insight programmes. One cannot write about this and mentors, a keynote from historian Professor into the Guild and what entrepreneurs do and not recognise the far beyond duty efforts of Jerry Brotton and then what was a lively definitely worth a listen (include the link https:// the Guild 13 who volunteered to jump from a panel discussion, with our Master and Middle soundcloud.com/guild_entrepreneurs) We are perfectly flyable airplane, strapped to a Red Warden Lars Andersen representing the Guild. always on the lookout for people and topics Devil. A day that was not for the feint hearted The whole event was a great success, proof to cover, so do please contact Mark Huxley at as we are sure others will explain but all worth of which is that we have chosen to evolve our [email protected] we know he would it with them raising in the region of £20,000 for Global Entrepreneurs Week lecture into the love to hear from you. If podcasting isn’t your the Trustfund! Annual Raleigh Lecture. The inaugural event thing but you have an interesting article to share being on 3rd December 2019, again hosted by then again do send them into us. We are here With the support of the donations to the fund Drapers’ and following the same format. This to celebrate the work each of us does, so will that we all make, the work they are able to year’s theme being to consider the challenges happily publish or reshare if it’s a social post. deliver will further increase and the reputation posed by the so-called 4th Industrial Revolution Looking ahead into 2020 we are looking to of the Guild likewise become more embedded and its impact upon future entrepreneurialism. produce a printed quarterly newsletter to ensure within our City peers. A reputation that will we can keep you in touch with what the Guild hopefully keep the applications for membership Whilst thinking about our events, 2019 has seen is doing. In the hope we achieve this, we hope healthy. We will therefore continue to support all us deliver another programme of them, ranging you like and as said before, we always welcome our committees in their tireless efforts. the traditional great events, another hugely your feedback. entertaining Appreciation Supper, quiz nights, With the grateful support of Guild Freeman Neil barbecues and much else besides. These are The Communications and Events Committee Partridge and his Guild sponsor company, PDA, amongst the most tangible opportunities for is filled with enthusiastic people, each of whom we designed and then delivered a first version our Freemen to meet and enjoy the fellowship deserves huge thanks for the efforts they of the member’s database that was promised. of the Guild. They take a huge amount of effort make. We can always do with more hands at This went live earlier in the summer and has to organise and particular thanks must go to the pump, so if you would like to come join our already provided useful links between Freemen. Neil Fullbrook who drives the organisation of committee or even help with some specific jobs We would urge all Freemen to check it out on them within our committee. We would make then you will be most welcome. Do please get the website and if not for a direct need, it gives one plea if we may, whilst they are generally well in touch. really great insight into all the diverse things attended, people registering to attend is often we do in our business lives. The database can left to the last minute. It is incredibly helpful Mark Huxley be found in the members area of the website. if you can book as early as you are able. We Chairman As said, this is very much a first version and have many commitments to our host venues, Communications and Events Committee guildofentrepreneurs.org 43
191021_Cadence_GoE.indd 43 12/11/2019 16:59 Serendipity? HOW TWO ENTREPRENEURS FOUND THEIR WAY TO THE INAUGURAL INTER-LIVERY CHANNEL ISLANDS DINNER
February is always a good time to get away from the wet and cold of Britain, so my partner whisked me off to Jersey. This time the excuse was The Worshipful Company of Gardeners’ weekend away.
The initial event that the Master, Margie Holland Prior, organised was an Inter-Livery dinner, the first of its kind in The Channel Islands.
The day was glorious, a welcome change from the chilly drizzle we had left behind.
On arriving at Hotel L’Horizon in St Brelade’s Bay, we were happy to look through the welcome packs the Master had prepared for us, and for the thirty plus other visitors from the mainland who made up our group. The homemade fudge, one of the little local treats the Master also included, was a great surprise. As was the opportunity to see fellow Entrepreneur Piers Nicholson, of Sundials fame. He was a guest of his wife, Gillian and, later, I found out that he was also the 432nd Master of The Tylers & Brickmakers.
As an opener for the weekend, we were the guests of the Governor of Jersey, H.E. Sir Stephen Taylor, at a wonderful reception in Government House. We were warmly welcomed by Sir Stephen, who in addition to greetings and a toast, shared with us his Livery experience as a Fruitere and an Airline Pilot. He also let slip, as it were, that his last job was as Chief of the Air Staff.
We were soon off to the Royal Yacht Hotel in St Helier, where a group of 80 liverymen and guests from Guernsey, Alderney and Jersey and the mainland enjoyed a delicious dinner. 19 Worshipful Companies were represented and they were, in alphabetical order; the Actuarists, Airline Pilots, Butchers, Chartered Accountants, Clockmakers, Coopers, Fruiterers, Gardeners, Goldsmiths, Grocers, Horners, Information Technologist, Insurers, Musicians, Needlemakers, Shipwrights, Tylers & Brickmakers, Upholders and Woolmen as well as Piers and myself from the Guild. It was the first time that I have come across someone who had flown themselves to a Livery dinner - puts getting an Uber into context!
Margie Holland Prior should not only be congratulated for this highly enjoyable evening but also for a lovely weekend. It was a great © Court Assistant James Talbot success and one we all agreed that should be repeated.
Court Assistant James Talbot
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191021_Cadence_GoE.indd 44 12/11/2019 16:59 Why would anyone listen to me...? FREEMAN, MENTOR AND AUTHOR DAVID MELLOR DISCUSSES THE ART OF STORYTELLING
© Shutterstock
Here’s a question for you. What more likely to be remembered, so that it can be Now, as Freemen, we are not looking to applied at some point by the listener. generate sales when we are representing the do the list of people below have in Guild, but one of the factors that binds us common: Steve Jobs, JK Rowling, When, after 25 years, I left the world of together is a willingness to give something back investment banking and set up my own to the business communities of both today and Howard Schultz, Bill Gates, Sara consultancy practice, I regularly asked myself tomorrow. We all have our own library of stories, Blakely, Sir Ken Robinson, Sir on the dark days (and there were quite a few!) so there are a wealth of tips and hints that could whether people would really be interested in be transferred to the people and institutions Richard Branson, Pope Francis, listening to me, let alone paying for my services that we are seeking to reach and support. Just Chris Hadfield, Sheryl Sandberg as a business mentor. reflect for a moment on the impact we could have if we individually and collectively leveraged It was tough at first, and my confidence was our treasure chest of stories. I have asked this question many times in fragile, but little by little I came to realise that lectures and workshops. I have received many people perked up when I started sharing I genuinely believe that people respond creative and imaginative answers, but to date stories, anecdotes, mini case studies, and so positively to such sharing. I would therefore no-one has ever identified the link. Carmine on. These were a mix of what I had experienced encourage us all as a like-minded body to Gallo has written a fascinating book called “The personally, but also what I had observed in the embrace storytelling, and let’s see what impact Storyteller’s Secret”, in which the 10 people marketplace. we can have. above are singled out as leaders who have distinctive storytelling styles, but all have found My growing “library” of stories, coupled with Court Assistant David Mellor a way to get their message over. my style (quirky humour apparently), became an increasingly significant factor in my ability to “So what?” you may be thinking. Well, I believe move people through the sales process. I could storytelling is a very efficient and effective way catch their attention, arouse their interest, and of ensuring that your message gets heard create a desire, which at some point would turn above the noise. Moreover, your message is into a paying client.
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191021_Cadence_GoE.indd 45 12/11/2019 16:59 News snippets
St Ethelburga’s Day 2019 The triviality tankard Ask an Entrepreneur Series: Mentorship, Faith and Endeavour changes hands ! Scaling your business – lessons from the battlefield The ancient Livery Companies were not only 27th June 2019 - It was a hot summers evening trade fraternities, but also religious ones – and the temperature of this year’s contestants On 5th March 2019 continuing the success of worshipping together in the churches in their was rising rapidly inside the air-conditioned the Ask an Entrepreneur Series, the Institute trading districts. The Modern Livery Companies glass tower that Guild sponsor, and host of this of Innovation and Entrepreneurship at the and Guilds almost all follow the spirit of this year’s quiz, Trowers & Hamlins, calls home. London Business School and The Guild of tradition, through their adopted City churches Entrepreneurs delivered another workshop and saintly patrons around which they focus As the team members squeezed into their lycra session to a packed audience. their remaining religious activities. and limbered up in readiness for the annual battle for the Triviality Tankard, it became clear Guild Freeman Avi Lasarow CEO of Prenetics The Guild of Entrepreneurs’ patron saint is St early on, based on the barrack room jibes and DNAfit has launched and successfully Ethelburga, the 7th Century Abbess of Barking, and playful banter (lubricated by a plentiful upscaled many businesses. In this video of his whose feast day is 11th October. supply of wine and beer) that this was to be an presentation he shares his business journey unprecedented show-down. The focus was on and vital insights with Guild Freeman Barnaby So it was, then, that, on a drizzly Friday prising the engraved silver cup from the hands Wynter on how others can achieve the same afternoon, the Guild was represented at its of event organiser and Court Assistant, Pippa results church of St Lawrence Jewry next to Guildhall, Watmough and her team of lawyers – proud at a service marking St Ethelburga’s Day 2019. winners of last year’s quiz. Avi kindly brought along his DNAFit film cameras The themes of the service were mentorship, faith to record the event and Avi’s presentation. and endeavour, all of which clearly resonated Nestled opposite the College of Law in Bunhill with the entrepreneurs in the congregation. Row, and a stone’s throw from the Honourable We also recorded the presentation which can Artillery Company’s grounds just South of be heard by visiting our Podcast channel via the The Clerk read from St Paul’s Epistle to Timothy, Bunhill Fields, the setting was perfect for a Guild’s website. in which Paul exhorted his protégé Timothy’s battle. Hosting again was Pippa and her trusty, faith, and encouraged his self-belief and regular quizmaster buddy, Scott, who declared boldness in growing the early Church. no conflict of interest existed with ‘aunty Pippa’. Wired for sound... The Chaplain read Jesus’s words of Each team of five were handed various sheets The Guild gets Podcasting encouragement to His disciples, reinforcing of paper and the questions covered a very their self-belief in response to their pleas that He difficult photo round, which involved not only might “increase their faith”. Jesus responded naming around twenty celebrities, but also Within the Guild we blog, we Tweet, Instagram, with the famous words that faith as small as the identifying a link between them all – what was post on LinkedIn and upload videos. What we proverbial mustard seed is all that is needed to the link between Christopher Walken and haven’t yet done is Podcast. do great things. Topol? This was accompanied by an anagram round of famous London pubs (which sounds We are pleased to report that this has been put On the value of mentorship, the Chaplain, easier than it was!), a quick-fire City of London right. We now have our own official channel, in a brief homily, shared his experiences as a set and topped off with a sport section. brought to us via Soundcloud. Our aim is mentee in his early ministry. Paul’s mentoring to periodically produce our own podcasts, of Timothy, as with Christ of his disciples, Needless to say the answer sheets were covering a broad range of topics. were, he said, illustrations of the power of collected in while the teams made small talk encouragement and trust to foster self-belief over the honey glazed sausages, beefy bagels, To kick things off, the Guild recently supported and endeavour. sweet potato bites and homemade nachos our Master and his Raleigh 400 campaign at its (Trowers certainly puts on a spread!), oiled with launch event. This saw 120 sixth form students Self-belief and endeavour were central to the more wine and beer than you can shake a mace and many of the City’s most senior Livery folk life and ministry of Ethelburga, who expanded at. come together at Drapers’ Hall to learn of Sir the Barking Convent and founded a satellite Walter Raleigh and his entrepreneurial exploits. sorority in the City of London (on the site of Freemen and their guests were then called to This included a keynote presentation from what is now All Hallows’ Church, known in settle as the results were announced. Finger Professor Jerry Brotton on Raleigh’s life and a former times as “Barkingside”). Her faith and nails were bitten and the air was filled with fascinating panel session, who’s panel included successes, particularly as a woman in religious hope as the winners of this year’s Triviality the Master and Middle Warden. Both were ministry, remain an exemplar of socially Tankard were counted down. The (ahem!) fifth recorded and are the launch Podcasts on our conscious enterprise. place went to The Arthur Brain team, hosted by channel. yours truly and first place went to The Bombers These inspiring reflections made for stimulating (creatively chosen from a bottle of beer) hosted Take a listen as they are both really interesting discussions after the service over a glass of by Court Assistant Shernaz Engineer. to any of us entrepreneurs. The channel can be wine. The Clerk was pressed to say a few words found here https://soundcloud.com/guild_ about the history and aspirations of the Guild of Suffice to say that the lawyers hung their head entrepreneurs Entrepreneurs, and, particularly about the work in shame as the Tankard changed hands for of the Guild of Entrepreneurs Trust in supporting another year. I had a great evening with my We hope you like them. If you have a topic that enterprise skills. guests – it’s the taking part that counts – right? you think would make for a good addition then do please get in touch with our Communications Notes: The Guild of Entrepreneurs welcomes Court Assistant Pippa Watmough Committee Chairman Mark Huxley. applications from prospective Freemen of any faith, and none. St Ethelburga’s Day 2020 is on He’d love to hear from you. Sunday 11th October.
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191021_Cadence_GoE.indd 46 12/11/2019 16:59 Bold Performance in Sheriffs’ Challenge Final
The Christ’s Hospital School Team supported by Freemen David Mellor and Paddy Willis.
In the Central Criminal Court’s infamous No1 Court, on Monday 4th March, 2019, Christ’s Hospital School (ably supported by mentors from the Guild of Entrepreneurs) went head-to- head with Mulberry Academy Shoreditch in the final of the 2019 Sheriffs’ London Challenge.
Following a dazzling performance in their heats (www.guildofentrepreneurs.org/entrepreneurs- mentees-in-final-of-sheriffs-london- challenge-2019), and commendably unfazed by the imposing surroundings, Helena Thornton, Lottie Field and Juliet Webber articulately presented their case to two Old Bailey Judges (HHJ Sarah Munro QC and HHJ Philip Katz QC) and the Sheriffs (Alderman Vincent Keaveney and the Hon. Liz Green), outlining their views on “What will be the key impacts of the digital revolution on the City of London?”
Both teams presented their material confidently and uniquely in so daunting a place and every credit is due to each of the students. Despite an excellent performance, the girls were pipped by just one mark and the Sheriff’s London Challenge Trophy for 2019 went to the boys of Mulberry Academy Shoreditch following their very stylish performance.
The Guild of Entrepreneurs was represented by Judy Hadden (Junior Warden and Chair of Outreach), along with David Mellor and Paddy Willis, the latter two having been mentors to the CH team. The students went home with their heads high and an amazing experience tucked under their belts.
The Sheriffs’ London Challenge is an analytical and public-speaking competition for schools through the City of London’s Guilds and Livery Companies.
The Guild’s very own Shernaz Engineer is The Guild of Entrepreneurs supports education Asian Power Couples Hot 100 featured with her partner Sorab Faroukh, both by encouraging both academic and practical recognized for their contribution to business. business skills in a wide range of institutions Shernaz began her recruitment career at the and levels across London and the South East. The Asian Power Couples Hot 100 2019 aims to age of 19 and after several years in the industry showcase and celebrate the energy that occurs decided to branch out on her own. She has also Financial assistance is available for educational when two successful people collaborate and been a long-standing, active member of the purposes through the Guild of Entrepreneurs combine their efforts to better themselves as Guild’s community and social events, as well as Trust – a registered charity, which awards grants well as any organization they work with. The list chairing our Membership Committee. annually. of 200 successful people whose endeavours have been recognized by the Asian Community Rupa Popat appears with husband Rupeen, www.guildofentrepreneurstrust.org is ultimately a celebration of the great innovation the Managing Director of Bright Little Stars that occurs from powerful couples working Nursery, a chain of children’s nurseries that together. he co-founded with former Goldman Sachs banker Amol Devani in 2012. Our resident Far from any typical Rich List, the Asian Power celebrity television chef Cyrus Todiwala and Couples List is not about how much money you Pervin Todiwala also made the list. Cyrus make, but about what you do. It is particularly Todiwala OBE DL is also the proprietor of Café pleasing to read of the unsurpassed level of Spice Namasté which won the ‘Resource charitable giving by so many of those featured Management Business of the Year’ award in including several members of the Guild of 2017. On occasion Café Spice Namasté has Entrepreneurs. This is very much in line with the also played host to the Guild’s informal drinks Guild’s manifesto which highlights the necessity as well as our popular Serendipitous Suppers. of giving money and time for charitable works. From feeding the homeless and needy to raising The full list of Asian Power Couples Hot 100 funds for British charities; from education to 2019 can be read here: culture and from food to healthcare, there is no https://asianpowercouples.com/about- area in the country untouched by the efforts of asian-power-couples/ those featured on this dynamic list. guildofentrepreneurs.org 47
191021_Cadence_GoE.indd 47 12/11/2019 16:59 The Guild of Entrepreneurs Trust. A TRUSTEE’S VIEW
Our brave fellow Entrepreneurs have I did mention I would cite a few more numbers and having just done so above, I’m going to mention one more; £150,000. It is the aim of the Guild of Entrepreneurs to support the Guild of Entrepreneurs barely returned to terra firma from Trust to achieve and exceed that target as soon as possible, and it is the mandate for all Freemen their epic skydive at the point that Entrepreneurs to help to achieve this.
I put pen to paper for this article. Thanks to the generosity of numerous benefactors and donators, the Trust is getting closer to that Launching oneself from an aircraft target. As tirelessly as we pursue all of our aims and objectives as a Trust and a Guild, we encourage and welcome pursuits and further donations to support what is one of our key obligations as part of to achieve a velocity of around 120 the heritage that we have the privilege of enjoying, and encouraging others to enjoy, for generations mph in a matter of seconds speaks to come. volumes, I think, of the dynamic of Court Assistant Neil Partridge is a Director of the Trustee Company the Guild of Entrepreneurs. We don’t that governs the Guild of Entrepreneurs Trust stand still; we do dare to take brave steps, we create opportunity, and Patrons we aim to succeed in a safe landing. • Judith Donovan CBE • The Drapers’ Company That’s enough of the poetry for now, but I will cite a few more numbers in just a moment. It is well to remind ourselves as to why we do what we do so as to fulfil the purposes set out for the Guild of Entrepreneurs Trust. The honour of being part of the tradition of the City of London carries with it worthy obligations for all Freeman, for the benefit, prosperity and progression of our ‘trade’ and those that would be part of or support it.
A registered charity in its own right, and independent of the Guild of Entrepreneurs, the Guild of Entrepreneurs Trust (in keeping with with the charitable obligations of the City of London’s Livery Companies) finances charities and projects that support the development of entrepreneurs and help to bring the opportunities of entrepreneurship to young people.
The ‘divers’ who participated in the altruistic aeronautics under the benevolent supervision of the British Army’s Red Devils display team, raised almost £20,000, Judith Donovan CBE and the Drapers Company most generously donated £10,000 each, and the Trust has benefited from the generosity of its 15 Principle Benefactors who have each made a donation of at least £1000. And, there are close to 80 Freemen from the Guild of Entrepreneurs who have made donations to our Trust.
In human terms, the Trust is barely of school- age, yet, through such generosity and support, “I joined the Guild of Entrepreneurs to try and give something back, and I it has already made awards of financial support; £2000 in 2018, and £600 and over £1500 in realised soon after being admitted that the Trust is one of the key ways that 2019. Guild can make a difference. My marathon-running abilities are rather limited; I
The applications for awards received by the did a marathon in 2011 in support of the Army Benevolent Fund, and another Trust are considered very carefully by the one in 2017 for Macmillan Cancer Support. Not being a natural athlete, I found Trustees because it is understood that an award can help a recipient to grasp opportunity or them both very tough. This time it’s a half marathon in the beautiful Royal take a step closer to realising an entrepreneurial Parks in London, so at least if it’s hard going the environment will be fantastic. objective. Speaking as both a Trustee and as an And I get to raise money for the Trust, which I hope will help the Guild in our entrepreneur, it is both a privilege and a great pleasure to be able to play a part in furthering pursuit of Livery status so we can do more to help those pursuing their own the journey of entrepreneurialism for others. entrepreneurial dreams.”
Freeman Ben Martin, who ran the Royal Parks Half Marathon on 13 October 2019 48 guildofentrepreneurs.org
191021_Cadence_GoE.indd 48 12/11/2019 16:59 New Court Assistants Elected to serve in 2019-20
On Thursday 19th September, the Court elected Colin Spiller The Master, Mr Peter Hewitt, offered all four Freemen to serve as Court Assistants from A Founder Freeman, Colin Spiller was admitted the newly-elected Court Assistants hearty the Installation Court on 26th November 2019. to the Guild of Entrepreneurs at its launch in congratulations, and looked forward to the These are: November 2014. He has worked tirelessly continued and very valuable service of those in support of the Guild’s Membership and co-opted to the Court. John Brewer Events Committees. A Liveryman Information John was admitted as a Freeman in November Technologist, he brings valuable experience of Notes: 2018, and has been serving as a co-opted the foundation and growth of a nascent Livery The Court is the governing body of the Guild member of the Court since July 2019. He brings Company to the Court. After decades in sales, of Entrepreneurs and meets five times a year. considerable Livery experience to the Court, and founding his own companies, Colin’s Up to five Past Masters, the Master, Wardens having served as Master of the Worshipful main business interests are now in training and Treasurer sit with a minimum of six and a Company of Woolmen. John studied Law at entrepreneurs and mentoring applicants for maximum of twenty Court Assistants to receive Oxford and qualified as a solicitor. He worked in investments. reports and accounts and to determine the investment banking for a number of years before strategy and governance of the Guild. Court founding and co-founding several businesses Barnaby Wynter Assistants serve for five years. A small number of his own, including a mussel farming business Barnaby was admitted as a Founder Freeman of distinguished Freemen Entrepreneurs are in Scotland and a financial planning business in in January 2015, and has been, very publicly, elected to the Court each year. The Master and London. John has wide-ranging financial and the face of the Guild of Entrepreneurs at Wardens are elected annually from the Court. charitable experience. numerous Outreach and Educational events. His dedication to supporting the craft of Simon Fordham Entrepreneurship has been inspiring and has Simon was admitted as a Freeman in June driven both recruitment and engagement. He 2017, and has been serving as a co-opted brings his experience, expertise and passion member of the Court since July 2019. Simon to the Court. A serial entrepreneur, marketing, has distinguished himself through service on branding and rebranding expert, Barnaby is the Guild’s Membership Committee and, earlier also a published author and in demand as a this year, he took part in a sponsored skydive to business coach and speaker. raise money for the Guild of Entrepreneurs Trust. He applied his entrepreneurial verve firstly to his Additionally, the September Court co-opted family’s construction business, before venturing four serving Court Assistants to serve for an out to found and co-found a series of successful additional 12 months from November. These businesses in sports, catering and hospitality. are Judith Donovan CBE, Neil Fullbrook, Ian He now devotes himself to consultancy as part Taylor and Neil Partridge. of the highly successful Fordham-Henderson Partnership, as well as undertaking substantial charity and pro-bono work. The Court will benefit from his contributions on recruitment and retention in particular.
RESULTS OF THE ELECTION COURT 2019
At the Election Court, held on Thursday 18th New Court Assistants elected Additionally, the Court was very pleased to co- July 2019, the following were elected to serve opt Freeman Simon Fordham and Freeman as Officers of the Guild from 26th November, At the Election Court, held on Thursday 18th John Brewer to the Court. Both Simon and 2019: July 2019, Freeman Avi Lasarow and Freeman John bring valuable skills to the Court, and James Talbot were elected to serve as Court begin a 12-month period of co-option to assist Master: Assistants. with the Guild’s governance. The Master heard Richard Paul Lowe their oaths, and presented them with their Both James and Avi have been active and badges of office. Senior Warden : leading members of the Guild’s Outreach Lars Bendik Andersen Committee, lending their considerable talents Any Freeman in good standing may be elected to a range of projects fostering the development or co-opted to the Court. Usually interviews Middle Warden : of entrepreneurship as a professional discipline. and elections for Court Assistants are held Judy Hadden The Master, Mr Peter Hewitt JP, swore-in James in September, and new Court Assistants are Talbot at the City of London Club as one of sworn-in at the Installation Court in November. Junior Warden : the Court’s first orders of business (Avi will be Freemen with an interest in serving are invited to Gary Dixon formally sworn-in later this year), welcoming write (in confidence) to the Clerk who will supply him very heartily to the Guild’s governing body further information and arrange the next steps. The Master, Mr Peter Hewitt JP, warmly and presenting him with his badge of office. Seven Court Assistants come to the end of their congratulated the Master and Wardens Elect, Both men begin five-year terms of office as terms of office in 2019-20, and it is anticipated and wished them every success for the coming part of a cadre of 19 Assistants, which (along that the Court will elect five new Assistants in year. with the Master, Wardens and the Past Masters) September 2019. scrutinises and directs the Guild’s activities, accounts and policies.
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191021_Cadence_GoE.indd 49 12/11/2019 16:59 OUR NEW Welcome Gary Dixon JUNIOR WARDEN Some people are born to be profitable areas, such as speedway badges and was a Thai restaurant that I thought I could Northern Soul records), I ended up training as turn around but, ultimately, it transpired that I entrepreneurs and some just fall a Chartered Accountant with PwC and settling absolutely couldn’t push back the tide of the into it. I suspect I fall into the latter down to a comfortable life as the CFO of a small 2008 downturn. You live and learn. bank. Then one day in 2001, when I realised category... that there was more to life than being employed Nowadays, I spend my time as a Non-Executive doing entirely routine things, I decided to leave Director helping a combination of both new My first foray into making money came at the that particular comfortable existence behind and well-established businesses. Amongst age of 13 when I decided to part with some of and set up a brand new consultancy business these I include the UK’s largest private pension my collection of superhero comics. I lived with in the area of financial governance, risk and scheme by assets (over £70billion) as well as my Dad in Sheffield and I decided to send off a compliance. From that point on I was hooked a new Fintech business, Nude, which is aiming cheque to take a table at a specialist comic mart again. for a banking licence within the next 24 months. in Liverpool where I knew collectors like me would pay for some of my prized possessions. This time I had higher ambitions. I grew my I very much appreciate my involvement with My Dad agreed to drive me there and I paid business to one of the biggest and most the Corporation of the City of London and the for his petrol. I also bought some comics while respected specialist compliance firms in the wonderful history associated with it. In addition there that I thought were undervalued. On the UK. I acquired a couple of my competitors to the Guild, I’m proud to be a Liveryman with way back I counted up my money, realised that along the way and then in 2007 I received an the Worshipful Company of Framework Knitters I had only sold 10% of my comics yet I had offer from a US listed company that I couldn’t and I’m even more delighted to be elected as made a healthy profit. From that point on I was refuse. I sold in June 2007 and have never the Junior Warden of the Guild of Entrepreneurs. hooked! looked back. Since then I have spent time as I’m very much looking forward to being a part a Business Angel (which has been equal parts of the Guild in its progression towards Livery Despite my wheeler dealer tendencies (whereby painful and rewarding) and have co-invested in status and to working more closely with the I strayed beyond comics into esoteric, yet many other businesses. One of my favourites wonderfully eclectic array of Freemen that make it such a force for the future.
Junior Warden Elect Gary Dixon is presented with the Freedom of the City of London 50 guildofentrepreneurs.org
191021_Cadence_GoE.indd 50 12/11/2019 16:59 Freemen MASTERS Mrs Elizabeth Hunt Mr Ben Martin Alderman Sir Paul Judge (2014-15 & 2016) Ms Edna Kissmann Mr John McLaren-Stewart Mr Dan Doherty (2015-16) Mr Nicholas Levens Mrs Amy McManus Ms Kate Jolly (2016-17) Mr Tim McManan-Smith Ms Joy Merriam Mr Lee Robertson (2017-18) Mr Piers Nicholson Mr Tim Metson Mr Stephen Page Ms Emily Miller 2018-19 MASTER Ms Julia Phillips Mr Adam Morallee Hon. Gp Capt. Peter LR Hewitt JP Mr Andrew Price Mr Leslie Morgan OBE DL Ms Caroline Redman Lusher Ms Caroline Newman SENIOR WARDEN Ms Ruby Sayed CC Dr Anil Ohri Mr Rick Lowe Mr Colin Spiller Mr Bhupendra Patel Mr Brian Stockbridge Ms Neeta Patel MIDDLE WARDEN Major Patrick Swint Mr Dave Pay Mr Lars Andersen Mr Martin Tyrrell Mr Andrew Pullman Ms Carrie Kwan Waley Mr Chandan Rajah JUNIOR WARDEN Mr Chris Wollen Mr Harvinder Singh Rattan Mrs Judy Hadden Mr Barnaby Wynter Mr Alex Ross Mr Richard Savage PAST MASTERS FREEMEN Mr Nick Sellars Ms Kate Jolly Miss Joanna Abeyie Ms Lisa Seymour Mr Lee Robertson Mr Rajesh Agrawal Mr Talan Skeels-Piggins Mrs Lesley-Anne Alexander CBE Mr Richard Stewart TREASURER Mr Robin Baker Mr Jon Sweet Mr Gary Dixon Mr Frank Baldwin Mr Paul Theile Mrs Nana Banton Mr Alexander Thompson COURT ASSISTANTS Professor Adam Beaumont Mr Dirk van Ruller Mrs Sarah Davis Mr Stacey Body Mr James Vellacott Mrs Judith Donovan CBE Mr Charlie Bradshaw Mr Simon Virgo Mrs Shernaz Engineer Mr John Brewer Mr Stephen Voller Mr Neil Fullbrook Mr Duane Bridger Mr Paul Vousden Mrs Rupa Ganatra Mrs Jenny Campbell Mr Gregg Wallace Ms Jenny Hogan Mr Deputy John Chapman CC Ms Rachel Wang Mr Mark Huxley Mr Ahzaz Chowdhury Miss Sharon Zhaohuachen Wang Mr Ronan Kearney Mr Daglar Cizmeci Mr Jonathan Webb Alderman Alastair King Mr Paul Cleaver Mr Paddy Willis Mr David Mellor Ms Claire Cockerton Ms Sharon Wolter-Ferguson Mr Neil Partridge Mr Emmanuel Cohen Ms Michelle Wright Mr Thomas Simmonds Mr Akber Datoo Mr James Talbot Mr John Davies HON. CHAPLAIN Mrs Fiona Taylor Miss Spirit de la Mare The Rev. Canon David Parrott Mr Ian Taylor Mr Paul Denley Miss Pippa Watmough The Rt Hon. the Lord Drayson PC CHAPLAIN EMERITUS Mr Stephen Wheatley Mr David Dumeresque The Very Rev. Bertrand Olivier Mr Arnab Dutt OBE HONORARY FREEMEN Miss Arpita Dutt HON. HISTORIAN Lady Judge CBE Mr Efe Eghobamien Mr James Mellor Prof. Philip Ogden FCaSS Ms Claire Enders Mr Simon Ford CLERK EMERITUS FOUNDING FREEMEN Mr Simon Fordham Mrs Adele Thorpe The Rt Hon. the Lord Bilimoria CBE DL Mr Paul Forrest Mr Ben Camara Mrs Jenny Garrett CLERK Mr Dieter Klostermann Mr Rishi Gohill Mr Duncan Simms Mr Cyrus Todiwala OBE DL Mr Julian Hall Mrs Pervin Todiwala Mr Jon Hammond Mr Tony Harrison FOUNDER FREEMEN Mrs Debbie Hatchwell Sir Rod Aldridge OBE Ms Veronica Heaven Mr Leslie Blustin Mr Colin Hegner Mr Andrew Brierley Ms Alison Hook Mr Nathaniel Burke Mr Rowan Jackson MVO IN MEMORIAL Mr Chiles Cartwright Mr Josef Khan Ms Simone Davies Mr Mark Kitchen FOUNDATION MASTER Mr James Dinsdale Ms Stephanie Kleyman Alderman Sir Paul Judge Mr Bob Finch Mr Bola Lafe Mr Mark Grove Mr Simon Lawson FOUNDER AND MASTER Ms Mandy Haberman Mr Avi Lasarow Dan Doherty Mr Mohammed Hamzianpour Mr Mark Layzell Mr Bernard Harvey Mr Jerome Lussan FOUNDER FREEMAN Mr Simon Hill Dr Sarah Malter Rosemary Smith Mr Bernard Howard Mr Johnny Manning
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191021_Cadence_GoE.indd 51 12/11/2019 16:59 Editorial team: Court Assistant Neil Fullbrook Court Assistant Mark Huxley Court Assistant Jenny Hogan Freeman Elizabeth Hunt Founder Freeman Edna Kissmann
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