Concirrus - Insurtech articles and opinions

What will be the biggest challenges for entrepreneurs in 2019?

Written by Caroline Hurst | Feb 1, 2019 11:04:27 AM

Silicone Roundabout runs a leading blog in London and features interviews with entrepreneurs and venture capitalists from Europe and the USA. They recently interviewed our CEO, Andrew Yeoman looking at the challenges that entrepreneurs face in the year ahead.

As Apple’s China warning sends tremors through stock markets (FT 04.01.19), Silicone Roundabout ask what will be the biggest challenges for entrepreneurs in 2019?

“To coin a well-known phrase, ‘when China sneezes, the rest of the world gets a cold’. In this case ‘when the stock market sneezes, the venture backed businesses get a cold’. These recent events will certainly have a ripple effect on the supply of capital which of course, as an insurtech scale-up, we’ll be keeping a keen eye on. 2019 is going to be a year of big uncertainties. 

We’re seeing a lack of stability amongst the world’s political leaders and we can’t ignore the UK’s biggest test to date – Brexit. All that said, I do believe that we’ll still see some exciting entrepreneurial businesses making waves but focusing on breaking through to profitability and an obsessive commitment to delivering customer value has never been more important.”

Andrew Yeoman, Co-Founder and Chief Executive Officer, Concirrus

Other entrepreneurs featured in the interview include: Celia Francis, CEO, Rated People, Dan Vahdat, Co-founder and CEO, Medopad, Erkin Adylov, Founder and CEO, Behavox, and Simon Phelan, CEO, Hometree. To read the full blog click here.