Jon has been an IoD member since 2006 and is Managing Director at Newsflare Limited, an online video news community and marketplace. Newsflare specialises in covering news that is too breaking, too remote or too local for traditional news organisations.
What made you think about joining the IoD?
“I’ve been a member since 2006. I was then in the process of starting a new consulting business, and I caught up with a guy who I knew who had started a business previously, he recommended the IoD to me as a really helpful resource for when you’re starting up and I was sold as soon I walked in the door.”
So you’ve been a member now for 5 years. What benefits have you found useful in that time?
“I’ve found the meeting space in London really useful as a place to bring prospective clients and banking partners. I’ve also made good use of the Brasserie, using it for annual appraisals and breakfast meetings. I also did the ‘Role of the Director and the Board’ course a while back which provided me with a really good grounding in the responsibilities of being a Director.”
What are the biggest challenges facing you as a start-up business?
“Funding and access to money, that’s the biggest one. Next would be covering our risk, making sure we’ve got adequate insurance in place, that we’ve got good legal advice when we need it.”
“Another challenge that we face is keeping up to date with an ever changing market. We need continuous insight, as what we checked out 8 months ago is probably already out of date so we need to look at it again. That’s something that the IoD’s Information Service has really helped us with.”