BUSINESS FIRST INNER 3-38:Layout 1 9/6/08 16:31 Page 14
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Special Report
MEET THE NEW BOSS
We are told that the generation that will be running
business in the next ten to fifteen years is very
Tim Meo
different from the generation at the helm today.
Age: 21
Different values, less dedicated…whatever. So we
Education: Norwich School
went along to the University of Portsmouth Business
Course: Enterprise in E-Business
School to meet a few of them for ourselves.
Different? Don’t believe all you read. While many
As well as my studies, I’m currently running my own boat charter
of their values are 21st century, the drive, ambition
and valeting business out of Portsmouth Harbour. The University has
and hunger these young people demonstrate is
been great, letting me use office space in its Enterprise Centre.
timeless. I bought the business as a going concern when I came to uni,
paying for it out of savings and the Bank of M&D (Mum and Dad).
My previous business was in electronics. I started it at 13, buying
anything that I could mend and refurbish – computers, gaming
machines, you name it – then selling it on at a profit.
My ambition is to run a large and successful business of my own.
My values should make that happen; I hate waste and already do
everything in my own business to cut costs and reduce overhead.
The amount of waste all around us is really disturbing, even in the
university. And look at the NHS, its IT overspend is ridiculous. I used to
buy used 50 PC’s at a time from them that would have ended up
in landfill. If that was a business they’d all have been fired. Solve
that waste and they wouldn’t have to go round taxing SUV’s. I am
highly motivated and expect to give and receive respect from my
employees…I’m rather traditional that way.
I had a really bad experience last year that taught me a great
deal; I was working for a friend in the marine business, but he took
liberties and I had to sue him for unpaid fees. The lesson was: don’t
go into business with friends!
The only problem now is that the business has rather overtaken my
studies and I need to work out how to finish the course. I hate failure
and will not give up.
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