Meet Dave Abrahams, the owner of Inventionize, a family business with over 30 years of experience in product sourcing and manufacturing.
Dave's journey as an entrepreneur began in 2010 with the launch of his product invented by his mother called Tummy with Mummy® with some family members. While the product was extremely innovative, they found that after years of trying they didn't have the marketing budget they needed to make it a success. Using all the knowledge gained building Tummy With Mummy®, Dave was able to pivot. That was when Inventionize was born.
Inventionize is a product sourcing and manufacturing expert for companies worldwide looking to produce bespoke products and components, providing the best quality and pricing and bringing their ideas to the international marketplace quickly, safely, and efficiently.
The Rewards of Running a Small Business: Dave's Perspective
Dave finds great fulfilment in achieving his dreams through his entrepreneurial pursuits. He traces his passion for invention back to his childhood when his Grandmother gifted him a book on Scottish inventions at the age of 8. This “sparked a fascination that has stayed with him throughout his life.” Today, Dave finds it a dream come true to bring new inventions to the market and sees it as a job he truly enjoys.
For him, the most rewarding aspect of running Inventionize is the satisfaction that comes with doing something he loves. He hopes to pass on this passion to his own family, firmly believing that “with the right tools, you can create anything.” Dave's commitment to his craft and belief in the power of creativity and innovation continues to drive his business forward.
Dave also relishes the freedom that comes with being his own boss. “The ability to set my own hours and have no one to answer to but myself is particularly advantageous as I’m a father to two young children. Unlike a typical 9-5 job, running my own business affords me the flexibility to work during unconventional hours to suit my family's needs.” This level of autonomy and control over his schedule enables Dave to strike a healthy balance between work and family life, a key factor in his decision to pursue entrepreneurship.
From One Small Business Owner to Another: Expert insight
When it comes to international expansion for small businesses, conventional wisdom often suggests that they should focus on their domestic market before venturing abroad. But, when asked what piece of advice he would give to other small business owners, Dave says “aim for the US first because the markets are completely different; even a small percentage of the US market can have a significant impact on a business's bottom line. If you're even slightly successful in the US, you'll be very successful in the UK.
The potential for growth in the US market has been a driving force for Dave’s business, and he believes that other small businesses should not be afraid to aim high and pursue international expansion early on.
In a time when the world is becoming increasingly interconnected, Dave’s bold approach serves as a reminder that small businesses can achieve global success with the right strategy and mindset.
The Power of a Business Credit Card: Dave's Success Story
“Inventionize really started the day the Capital on Tap card came through the door. I was about to give up and had a job interview lined up for a Call Centre. I was in a huge amount of debt due to wages, advertising costs and expenses were coming in too high. I didn’t think I could do it anymore. A week later and just by chance, Capital On Tap send me a card with a £10,000 limit. It was a last chance”
Dave used the card to pay for flights to the US where he secured his first customers. He used the money he made from those initial customers to pay off his debts and fuel business growth. Those customers then introduced him to others, and the rest is history.
“I had absolutely no capital, but the Capital on Tap card was the catalyst for Inventionize”. With the card's quick and easy access to flexible financial management tools, Dave was able to fuel his business growth and turn his dreams into reality.
So, if you're ready to grow your business like Dave did, don't hesitate to apply for the Capital on Tap Business Credit Card. With its suite of financial management tools and quick access to funding, the card can help you plan for success and take your business to the next level.
