Entrepreneurs should first keep the day job

Tuesday 6th May 2008, 2:30PM BST.

Simon Woodroffe, the ‘founder of all things Yo!’. (Picture by Adrian Miller, 0573493)

YO! SUSHI founder Simon Woodroffe had some advice for entrepreneurs in Guernsey last week. The multi-millionaire was in the island at the invitation of Fortis to speak at a client event.

He said anyone with a business idea should first of all not give up the day job. ‘Get rid of your TV set because that will create three or four hours extra in the day. You need a huge amount of self-belief, but not to the point of being delusional. A lot of people have done MBAs and can’t get simple things done.’

As well as creating the world-famous conveyor-belt sushi franchise, Mr Woodroffe starred in the hit show, Dragons’ Den.