Company Stats:

• Employees: 35+
• Funding Raised: £6 million in funding to date. The initial seed funding (Round One) amounted to £1 million, followed by a second round (Round Two) of £5 million. The company is currently in the process of closing its next fundraising round, aiming for another £5 million.
• Founded: March 2020

Episode Highlights:

• ✅ David Carter shares the resilience and innovation behind Entelechy Academy, emphasizing the critical role of investor trust and adaptability in overcoming challenges.
• ✅ The conversation underscores the importance of mentorship in shaping entrepreneurial paths, highlighting David's journey from receiving guidance to being a guiding force for CEOs globally.
• ✅ The strategy of "under-promise and over-deliver" is advocated as a cornerstone for building successful business relationships and ensuring sustainable growth.

Episode Summary:

In this episode, David Carter, the chairman and founder of Entelechy Academy, walks us through his journey of creating the world's first AI-powered platform aimed at enhancing human intelligence. Starting amidst the adversities, Carter highlights how securing investor trust and navigating through market uncertainties were pivotal in raising £6 million for his venture. The story of Entelechy's inception, following the collapse of Carter's previous business, serves as a testament to resilience, innovation, and the power of a supportive investor base willing to back the vision despite past setbacks. Additionally, Carter delves into the significance of mentorship in his entrepreneurial endeavors, his philosophy of building a successful sales pipeline for startups, and the strategic approach of under-promising and over-delivering to exceed expectations and foster long-term relationships with both customers and shareholders.

Chapters:

00:00 Intro

00:09 Company Stats

01:07 The Birth of a New Venture Amidst Adversity

03:21 Overcoming Challenges and Securing Investor Trust

05:51 The Role of Mentorship in Entrepreneurial Success

07:07 Building a Successful Sales Pipeline for Startups

09:56 The Strategy of Under-Promise and Over-Deliver

12:08 How to Connect with David Carter