Phil Foster, founder & MD of Love Energy Savings.com
Managing director Phil Foster, 45, set up Love Energy Savings.com in 2007, and says the energy price comparison site has since passed £17.7m in energy saving to its business customers. It ranked at No 30 in the 2017 Sunday Times Tech Track 100.
What inspired you to start your business?
I spent ten years in contact centres and in this time I witnessed the poor service and advice given to businesses regarding energy solutions from market leading suppliers which unfortunately capitalised on an unregulated market. I knew this had to change, and quickly.
What has been your biggest challenge?
Changing the game – operating ethically and ensuring businesses are treated fairly can be tough in a world where very few in our industry have the same approach.
What has been your best business decision?
Seeking private investment to help accelerate future growth, having additional funds to expand our reach and support even more UK businesses.
What has been your worst business decision?
I wish I’d started the business sooner!
Which business leader would you most like to share a meal with, and why?
Walt Disney. I love to hear how he created a great business with one core objective: to make people happy
What company do you most admire, and why?
I love AO.com. Their customer-centric approach has helped them to become industry leaders. I also respect their bold marketing messages – they’re not afraid to be different and challenge the market. It’s great to see a local Bolton business achieving extraordinary things.