An interview with Shoobs founder Louise Broni-Mensah
In her early 20s, Louise Broni-Mensah became the
first Black female entrepreneur to secure capital from a seed fund provider in
Silicon Valley to grow her fledgling business Shoobs (pronounced Shubz). The provider was Y Combinator - a company known for supporting such names as online renting service Airbnb and Genius - a lyrics and music knowledge database. Three years later (in 2017) and thanks to the funding and expertise she received, Louise's online ticketing and discovery platform is changing the way party-goers seek out, buy and engage with urban events across the UK.
Louise Broni-Mensah © Louise Broni-Mensah |
Passion project
Louise took the traditional route to entering the
business world. She holds a Mathematical Economics BSc from Birmingham University, worked
in banking and finance and had her own property all by her early 20s. But music was never
far from her thoughts.
“I’ve always had a passion for music but I did it
this way round because my parents wouldn’t let me otherwise,” she told MisBeee
Writes. “At university, I worked for Sony music part-time, managing all their
marketing on campus.
“I also worked for Relentless Records - the label
responsible for launching UK garage, grime and hip hop group So Solid Crew, and managed rapper Mikill Pane for
about a year. He went on to record the track ‘Little Lady’ with Ed Sheeran.
Side hustles
Her side hustles really paid off because it was that
hands-on experience in events management and promotion that gave her some
valuable insights into the business of the music industry. “I realised how
difficult it was for events organisers, particularly those in urban music, to
promote shows. Most were using offline methods such as handing out flyers, advertising
on pirate radio stations and selling paper tickets face to face. It was a
really ‘old school’ way of targeting business and I couldn’t understand why
anyone would want to stand in the cold when they could book it from their home
or from their phone, which is why I came up with Shoobs.”
Raving to the
community
Shoobs – slang for house party/rave – is an online
platform that allows people with a love for urban music to look for events and
network within an online community.
Louise was still working full time in the financial
sector, when she established Shoobs in 2010 on her own. Despite the uncertainty
the financial crash created for some, she felt that the economic downturn was
the boost she needed to commit to Shoobs full-time and satisfy her deep-seated
desire “to do something that spoke more to her passion than just a mundane job”.
“The actual great thing about the financial crash
and any sort of down time in the economy is that it spurs entrepreneurship,”
she said. “When I was starting out it just seemed like there was this new
energy in the air which I guess came about because people were reassessing what
they wanted to do with their lives.”
Louise secured funding from the Bright Ideas Trust
owned by Tim Campbell - the first winner of the UK TV programme Apprentice - and
used that to fund the first version of her online platform. Within 18 months,
she was making a living.
“I’m just a
big believer in aiming high so I asked myself where people go when they want to
make it big and correlated that to Silicon Valley. I took myself off there and
applied to the Y Combinator programme.
Being accepted on to the Y Combinator Programme in
2014 gave Louise her next boost.
“I didn’t want to go to Y Combinator with just an
idea so I made sure that I already had traction with my business. I showed them
that I had a good number of platform users – it was tens of thousands - and
evidence to show that the platform was growing. They were excited because, I
guess, the business was tackling a market that had not been tackled before.
For Louise - the appeal of getting a place on the ‘business
bootcamp’ as not just about securing funding. “It’s about the expertise and
networks you gain to grow your business. Y Combinator has some of the top
companies in the world in their network and I now have access to them and that’s
the kind of contact that money can’t buy.”
Advice
Coming from a supportive family of driven
individuals, (her brother Edwin is the founder of charity GiveMeTap) Louise is
comfortable being a trailblazer and role model for women and young, Black women
in particular. She is also sharpening her computer coding skills, and remains an
advocate for females pursuing careers in STEM (science, technology,
engineering, and mathematics).
You never stop learning, she says. “I have a network
of advisors that I am constantly reaching out to. Networking is key,” she said.
Future
Louise is not averse to taking advantage of the
perks of Shoobs and got to see WizKid - the first African artist to perform
at the Royal Albert Hall in September 2017. She has not ruled out plans to
internationalise her business to African markets. Urban music is such a fluid
term, which means it incorporates a range of sounds so, including Afrobeats, so
in order to grow we will evolve with it, she said. For now, she is keen to make
a national impact and become a household name.
“There are certain brands that even if you don’t use
them, people know of them so I would love for Shoobs to be that as well.”
Louise’s tips for
entrepreneurs:
·
Think
big and aim high
·
Have
a plan about generating money rather than relying on money from investors or through
crowdfunding
·
CodeAcademy offers coding training.
·
Seed
camps and tech stars are ‘accelerator’ organisations that can offer start-ups
£100,000 in support, and two/three years down the line can still offer advice.
By Kirsty Osei-Bempong
For more posts like this, check out:
British Ghanaian breaking barriers in communication
Ghanaian bamboo bike maker explores UK market
Ghanaian tenor out to transform opera music
All comments are welcome on this page. If you are having trouble posting on the Google+ page, please share your views via Facebook here or tweet @MisBeee
Please be aware that you may not reproduce, republish, modify or commercially exploit this content without our prior written consent.
For more posts like this, check out:
British Ghanaian breaking barriers in communication
Ghanaian bamboo bike maker explores UK market
Ghanaian tenor out to transform opera music
All comments are welcome on this page. If you are having trouble posting on the Google+ page, please share your views via Facebook here or tweet @MisBeee
Please be aware that you may not reproduce, republish, modify or commercially exploit this content without our prior written consent.
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