By @SimonCocking great interview with Pete Townsend founder of
@NorioVentures1 and self-proclaimed rockstar of financial services, who will be sharing his insights at our event on October 26th. Get tickets here.
— Irish Tech News (@Irish_TechNews) September 2, 2017
1 min pitch for what you are doing now?
I am helping fintech startup clients be disruptive and corporate clients in financial services prepare for disruption. Norio Ventures is an advisory business with venture capital ambitions. With startups, I do my best to inspire leadership while helping to gain traction with customers and investors, while connecting with the steady diet of curveballs. With corporate clients, there are more curveballs, but at a slower speed. Aligning an organisation to grab hold of new markets while in the midst of regulatory changes and unrelenting cost pressures is hard work, but fun. The most fun is bringing startups and corporates together to make real music.
How was the last 12 months, what worked well, what didn’t move as quickly as you would have liked?
Hard work! Just because you’ve got a great network of relationships in an industry in need of help doesn’t mean you can sell them anything. Asking for help is the hardest for those most in need. On a day when I have great conversations with startup clients and their challenges echo what I hear from corporate clients, that’s a real buzz. Just the look on a client’s face when you’ve convinced them that they’re not alone in the wilderness, whether it’s the corporate CEO at a crossroads or a startup founder feeling the weight of the world on her shoulders, that keeps me going for another month. Also, I don’t know what I would do without our Digital Financial Officer, his name is ‘Xero’.
What are your plans for the future?
Keep at it, and grow the team. Even if we are successful in growing this business into a true venture capital platform, there will always be an advisory component and a connection point to the corporate world. Helpfulness is at the core. I’ve also built some great bridges to the UK and the Continental European market with some like-minded people, so we’ll see where that takes us as well.
What will you be talking about at this event?
Building teams with lessons learned from the corporate world and from startups – making hard decisions between 1)finding warm bodies to get you from A to B in the short term, and 2) the discipline to always be adding people that can help teams move mountains in the long run.
What inspired you to attend it?
Given what I do, it’s important that I make time for networking – it increases your luck. What better way to do this than with the top players in Irish fintech. I take inspiration from everyone I meet.
Which influencers and websites do you follow to keep up to date with the latest developments?
I read Chris Skinner’s blog every day, the Dublin Globe every week and as much of the FT as I can consume. Also, Neil Murray does a great weekly compendium of the venture capital world (Series F). There’s some great content on Irish Tech News as well!
How can people find out more about what you are working on?
That’s easy, check me out on LinkedIn (https://www.linkedin.com/in/p
You should join us at this Meetup. Check it out and RSVP! https://t.co/AUsTW6UtOv
— Norio Ventures (@norioventures1) September 12, 2017