E185 That Great Business Show with Conall O Morain

Roseanne Longmore, CEO and co-founder, Coro - the world's first baby milk flow monitor. Founded seven years ago the company has recently become an 'overnight success' completing another successful funding around, bringing to over €6m funding the company has gathered to bring its unique product to the world's weaning mothers. The size of the market is vast. The work that it has taken to get to this stage is staggering, but as Roseanne says, when you're developing physical product it can up to ten years. This can make getting investment difficult, but the team has overcome this, investors tempted no doubt by the multi-billion Euro market possibility. The product, a flow meter that sits on a silicon nipple barrier, is patented and is being assembled in different locations to keep the IP away from prying eyes. Next stop for the company's growth is that Roseanne may have to head to the US for at least six months, to launch the product direct to the consumer there. They've brought Mary Harney, former Minister for Health, onto the board and she has already made introductions in the US, including to Hilary Clinton.

Her 'hire in a heartbeat', the Collison brothers. However, we recommended their mom, Lily Collison.

TJ Hegarty was half through tell That Great Business Show about his business, Breakthrough Maths, when he opened up about how anxiety had affected his business. It caused him to have a blackout as he drove his car. Never say business isn't tough. Fortunately nothing bad happened that allowed over-achiever (600 point Leaving Cert, 1st Class Honours Ag Science degree) TJ to continue his dream of establishing his business. At school he hated maths and was determined to 'fix the problem'. This week he'll be teaching maths to 4,000 school pupils. His two year old boot-strapped business is turning over €1.5 million already and he hopes to bring that to €5m by next year, at which point he wants VC funding to bring him to the vast US market.

His 'hire in a heartbeat', Michael O'Leary.

With thanks to MentorsWork.ie

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