Well, do you remember those Venn Diagrams from school? Those overlapping circles to represent what two things do and don't have in common? The overlap of these two is incredibly fertile territory and this is exactly where businesses in the U.S. and UK see each other – places where they both need to do business and want to do business.

I believe that the entrepreneurial life, even when running a large company, is a dual experience of joy and pain—two sides of the same coin. The joy lies in putting yourself out there and leading an organisation in a specific direction, but with that comes the burden of responsibility.

When you choose not to raise funds... think of it in terms of stages or ladders. These years give you knowledge capital, valuable relationships both within and outside the company, and other vital assets. From there, think of bootstrapping like a multi-stage booster rocket, where each stage propels and prepares you for the next, and the momentum continues building.

I've never gone into a startup thinking, 'oh hey, I'm going to disrupt an industry….' I go in trying to solve a problem, and if you can effectively solve a problem, you might end up disrupting a whole industry.

For the societies themselves, this activity drains hard currency reserves, heightens inflation, reduces tax collection, curtails government service and undermines investment. There is no good accomplished by this massive outflow of resources.