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Youth entrepreneurship hub receives inspirational advice from Moneypenny co-founder

Pic A hub tasked with promoting entrepreneurship and business start-up received some inspirational advice from the co-founder of award-winning company Moneypenny.

Rachel Clacher was guest speaker at the latest North East Wales Youth Entrepreneurship hub at Coleg Cambria, Wrexham.

Rachel, who started the telephone answering firm in 2000 with brother Ed, spoke about the growth of Moneypenny and how they have overcome challenges and moved with trends and technology to innovate.

This included the story behind the decision to open up an office in Auckland and send staff on secondments for six months in order to provide a 24-hour service to clients – without employees having to work nights.

From small beginnings, Moneypenny now employees more than 300 people and has been named as one the best companies to work for in the UK in 2013.

The entrepreneurship hub, made up of further education, higher education, government and local business representatives, also heard talks about the latest activities at Glyndŵr University and Coleg Cambria.

Judith Alexander, Zone Manager at Glyndŵr University, said: “More and more students are recognising the tremendous opportunities which exist for starting their own business, which can be a hugely rewarding experience.

“Our role, and that of the entrepreneurship hub, is to provide advice and guidance to help them achieve their ambitions. This is something we can achieve with all organisations in Wrexham working collaboratively. 

“It was amazing to hear from Rachel about how Moneypenny has grown into the business it is today and we hope her story acts as an inspiration to all students in north east Wales that they can realise their business ambitions if they work hard.”

The next North East Wales Youth Entrepreneurship Hub meeting takes place at Coleg Cambria, Grove Park campus, on Thursday 24 October 2013 at 8.45am. For more information email rona.griffiths@cambria.ac.uk

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