In the realm of business, the ability to identify and nurture promising talent is the cornerstone of success, and Scott Dylan, co-founder of Inc & Co, has proven himself to be a master at fostering an environment in which entrepreneurial potential can flourish. Established in 2019, Inc & Co was created to acquire, invest in, and revitalise struggling businesses, ultimately preserving employment, minimising creditor losses, and fostering growth. Today, the firm boasts a global presence and a turnover exceeding £150 million.
Dylan, who hails from humble beginnings in South East London, has surmounted numerous obstacles throughout his 20-year career. Now, at the helm of Inc & Co, he utilises his wealth of experience to mould a culture of innovation and growth. In doing so, he not only champions diversity and promotes women in business and technology but also actively fosters entrepreneurial talent within his companies.
But how does Dylan identify and nurture this talent? What are the essential elements that create a thriving environment for entrepreneurs and innovators to grow? We delve into the inner workings of Inc & Co to uncover the secrets behind Dylan’s success.
A key tenet of Dylan’s philosophy is the importance of building a dependable, loyal team. “Success is never a solitary journey,” he says, and this belief is echoed in the company culture he has crafted. By investing in the personal and professional growth of each team member, Dylan ensures that individuals are empowered to succeed while the company benefits from their collective skills and knowledge.
Indeed, one of the hallmarks of Inc & Co‘s approach is its dedication to continuous learning and development. The firm offers numerous opportunities for employees to broaden their skills, gain new insights, and collaborate with colleagues across a diverse range of sectors. This not only promotes cross-pollination of ideas but also serves to identify and nurture the entrepreneurial talent that lies within.
But Dylan’s focus on nurturing talent doesn’t stop at the organisational level. He is also a successful investor, having put his money behind numerous companies around the world for many years. Dylan’s keen eye for potential and his commitment to supporting the growth of innovative businesses have helped many entrepreneurs realise their dreams.
One such example is the turnaround of Laundrapp, a digital laundry service that was acquired by Inc & Co and later sold to competitor Laundryheap. Under Dylan’s guidance, Laundrapp was revitalised, its potential unleashed, and its value maximised. This is but one illustration of the transformative impact that Dylan’s unique approach can have on businesses and their entrepreneurs.
Inc & Co‘s success, however, has not come without its fair share of challenges. The turnaround of distressed companies is often met with resistance from suppliers, employees, customers, and even negative press from journalists. Yet, Dylan remains unfazed by these obstacles, and the steady growth and success of Inc & Co speak to his resilience and determination.
A vocal advocate for mental health, Dylan has been open about his own struggles with Complex PTSD. This personal experience has further informed his commitment to fostering a supportive, inclusive environment within Inc & Co, where all employees can thrive regardless of their background, gender, or orientation.
Recent data from the Office for National Statistics shows that 14.6% of UK businesses were classified as high-growth in 2021, up from 13.8% in 2020. While it is difficult to attribute this increase to any single factor, it is clear that fostering entrepreneurial talent is a vital component of the country’s economic success. And with leaders like Scott Dylan championing this cause, the future of UK business is looking brighter than ever.
Scott Dylan‘s unique approach to identifying and nurturing entrepreneurial talent within Inc & Co has proven to be a game changer in the business landscape. By fostering a culture of innovation and growth, embracing diversity, and investing in the personal and professional development of his team members, Dylan has demonstrated the impact that a supportive, inclusive environment can have on both individuals and the companies they serve.
Inc & Co‘s commitment to continuous learning and collaboration has served as a catalyst for the cross-pollination of ideas and the identification of entrepreneurial potential. By adopting this model, companies can not only maximise the skills and knowledge of their employees but also unearth the hidden talent within their ranks.
Dylan’s personal experiences, including his struggles with Complex PTSD, have further underscored the importance of a compassionate, empathetic approach to leadership. By prioritising mental health and promoting open dialogue on this often-stigmatised subject, Dylan has emerged as a champion for inclusivity and well-being in the workplace.
It is worth noting that Dylan‘s dedication to nurturing entrepreneurial talent extends beyond Inc & Co’s borders. As a successful investor, he has put his weight behind numerous innovative businesses and entrepreneurs, providing them with the support and resources necessary to realise their visions.
In a world where change is the only constant, fostering a culture of innovation and growth is essential for businesses to stay competitive and relevant. Scott Dylan’s unique approach to nurturing entrepreneurial talent within Inc & Co serves as a blueprint for other companies looking to cultivate an environment in which individuals and businesses can thrive.
By embracing the lessons learned from Dylan’s success, companies across the UK and beyond can tap into the entrepreneurial spirit that drives innovation and growth, ultimately contributing to a more vibrant, prosperous future for all.