WATCH: 'Don't give up too early', Lawrence Jones MBE tells MSP North audience

UKFast CEO says too many business owners sell up after ten years

Lawrence Jones MBE dropped into CRN's MSP North Conference last month to share his tips on growing a business in the tech sector.

From an initial £5,000 investment, Jones built UKFast into a business valued at over £400m at the time it sold a 30 per cent stake to private equity investment last December.

Jones advised the audience to "hold off for as long as you can", arguing that too many tech entrepreneurs sell up before their idea has come to full fruition.