I sat down with Daisy Harvey, the founder of LOOM to unpack how she closed her first business, rebuilt her confidence, and raised £300K to launch an upcycling app that matches your wardrobe with designers.We overview:
- How she knew it was time to close her first business
- The most valuable lessons from her first venture
- What makes a marketplace work and how to prevent leakage
- Building a simple no-code MVP before an app
- Her path to fundraising £300K
RESOURCE MENTIONED
→ Free GTM Essentials Course: https://selinaho.com/gtm-essentials
LET’S CONNECT
→ LinkedIn: https://www.linkedin.com/in/selinaho
→ Instagram: https://www.instagram.com/selinajho
→ TikTok: https://www.tiktok.com/@selinajho_
CONNECT WITH DAISY
Loom App: https://www.theloomapp.com
Instagram: https://www.instagram.com/theloomapp
LinkedIn: https://www.linkedin.com/in/daisyharvey
TIMESTAMPS
00:00 Introduction
02:02 Daisy's Entrepreneurship Journey
03:18 First Business Challenges
05:18 Lessons Learned from First Business
07:31 Transition to Loom
10:27 Launching Loom
13:46 Building the MVP
17:39 Marketplace Dynamics
19:23 Balancing Designers and Customers
21:38 Fundraising Journey
22:31 Pitching Your Business to Investors
23:11 Learning About Fundraising
24:13 Building Confidence in Fundraising
25:42 Evaluating Potential Investors
26:29 Advice for Pitch Competitions
29:10 Full-Time Fundraising Challenges
32:43 Balancing Fundraising and Business Operations
33:40 Press and Marketing Strategies
35:40 Current Challenges and Future Plans
39:29 Quick Fire Round
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