Adam Blaskey, Founder and CEO of The Clubhouse, discusses the biggest challenge he’s faced as a business founder and why he values sharing a building with The Clubhouse members.
1. What is the mission of your business and how do you hope it will change the world?
I founded The Clubhouse in 2012 out of frustration from meeting important clients in uninspiring, unproductive places around London. This ignited the idea to create a better way to do business and to fill the gap between a serviced office and meeting in hotel lobbies or coffee shops. The Clubhouse is now London’s leading business club, lounge and meeting space, providing the smarter alternative to a London office.
Our aim is simple: to make our members and their businesses more successful. The more successful they become, the more successful we become, together contributing to substantial job creation and economic growth.
2. What’s been your biggest challenge in growing your business?
The Clubhouse is a capital intensive business as we have to spend circa £1.5m per location before we have even opened our doors to members. Finding the right backers has taken time, but we have recently secured £3.5m to open two further locations.
3. What advice would you give to your former self when you were starting your business?
Things take much longer and cost more than even the best business plan sets out!
4. What part of your job do you most love?
Meeting our members, finding out about their businesses and hearing how being a member of The Clubhouse has helped them.
The fact that we are based in the same building as our members, allows me to do this much more frequently than most CEOs. This continuous interaction provides us with valuable insight, which we use to adapt the business to our members’ needs. One example of this is our in-house deli, which was a result of feedback from our members.