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  4. Dominic McGregor: Social media expert turned Fearless VC
Built and sold a company, struggled with alcohol and mental
health and launched an investment firm – and he’s still under 30.
Dominic McGregor co-founded the award-winning marketing agency
behemoth Social Chain, boasting clients such as Apple,
McDonald's, BBC, and Boohoo.

Social Chain grew to a business worth over £300m with 700 staff,
alongside Dragons' Den star Steven Bartlett. After exiting the
business at the age of 27 and having gone through struggles of
his own at the start, McGregor was certain that he could assist
founders in their business ventures by imparting his knowledge
and experiences gained from working at Social Chain. He
co-founded Fearless Adventures, a venture capital firm that
provides funding and support to founder-led businesses.

We spoke to Dominic about developing his leadership style at a
young age, tips to raise funding in a turbulent market, his
sobriety and much more.

Here's what we discussed:

What would a younger you say about your career path to this
point? (02:53)

Could you give us an overview of your career? (04:19)

How did you develop your leadership style? (09:09)

Do you believe that being young worked in your favour when
setting up The Social Chain? (12:20)

After selling Social Chain, did you have any reservations
about not having a business partner by your side in your next
venture? ( 14:06)

Could you tell us about Fearless Adventures? (16:19)

You set up Fearless Academy, which is a fully funded course
to make education free for anyone who doesn't have the means to
be able to afford it. Why was this such an important part of the
business that you wanted to start? (18:21)

Why did you go back to university to study History after you
sold Social Chain? (20:32)

You've been open about having a problem with delegation
previously, what advice would you have for people who are going
through the same experience? (21:51)

An early venture you started didn't work out, how did you
handle that failure? (23:33)

What was the most significant challenge you faced?(25:21)

How do you personally deal with stress? (27:53)

Social Chain came around at the perfect time in history.
Do you think that you would have been successful at a different
time in life? (30:22)

How did you find your experience working with Government on
its social media strategy? (32:44)

What tips do you have for entrepreneurs going through the
fundraising process?(33:34)

The Good News Postcard: What was the defining moment for your
company?(37:43)

What makes a great business leader? (39:24)

Thanks to Kiaran from the Jill Dando News for bringing us The
Good News Postcard this week. Get your dose of positive news by
visiting The Good News Post, a website collated by hundreds of
young people aged 8 to 18 in the UK. They've written real-life
“news that’s good for you”, covering people, animals, stories to
cheer people up, and tips to make lives better.

Be sure to subscribe to the podcast and the Business Leader
YouTube channel for more interviews with some of the world’s
leading business figures.

Hosted on Acast. See acast.com/privacy for more information.
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