Theo Paphitis – Entrepreneur
Another Dragons Den investor, Theo Paphitis made his big money when he took over Ryman after he bought the company from the receivers and turned the business around. Mr Paphitis went on to make his mark as a businessman that was able to turn failing companies into highly successful and profitable businesses.
Theo talks about a lack of profit is like a cancer. It will slowly kill your business.
A lack of cash is like a heart attack. You can’t pay the bill’s your bankrupt over night.
So Theo Paphitis says: ‘Make sure you have enough cash flow to sustain your business.’