What does your company do?
Stashbee is an online, sharing-economy platform that connects individuals and businesses who have spare spaces, such as parking spots, garages, spare rooms and warehouses, with people who need them. Guests can use the platform to compare spaces nearby, while hosts benefit from an easy and safe way to monetise unused space.
What’s been your greatest achievement?
We reached our 10,000th user in November. The number of registered users increased by 415% over the course of 2018, and we were absolutely delighted to hit such a significant milestone in just over two years.
What’s been your biggest challenge?
Starting your own business is all-consuming. Developing the ability to balance work and life effectively is crucial, otherwise you’ll end up burning yourself out. Running a business is like running a marathon: you have to learn to pace yourself.
What are your plans for hitting your targets?
While we’re currently focused on London, we’re already seeing spaces being listed in the north of England, Wales and Scotland. In the coming months we have plans to increase our marketing spend in other cities across the UK. One thing that will help us drive this growth is our referral system, which allows someone to make £50 by referring a friend or family member with a great storage space.
What advice would you give entrepeneurs?
Find something you’re truly passionate about. I knew I wanted to run a business from a young age, but I spent a number of years working for companies that I didn’t love in roles that didn’t inspire me. Now I wake up excited about the day ahead, all because I am doing something I love with a handpicked team around me who all believe in our collective goal.