For today's entrepreneur interview we had a chat with Matthew Hunt, CEO of ChargeSync. ChargeSync is innovating to cut power bills and emissions by storing and optimising power for household or business consumption. Currently ChargeSync is running a funding campaign on Invesdor.
1. Why did you become an entrepreneur?
I fell in entrepreneurship when I had a great idea, working for a company who didn’t really want to innovate or encourage innovation.
2. What are you like as an entrepreneur?
That’s a difficult question to answer. I’m not sure I’m yet worthy of the title. I try to be creative, push the boundaries and do new things. I like working in a fun environment.
3. What makes the story of your personal career interesting?
I’ve worked across nearly all the different traded commodities, power, gas, coal, oil and LNG. I’ve learnt a lot from being involved in these different markets through the years as they’ve evolved through different stages. ChargeSync came into being by thinking about gas storage optimisation combined with batteries operating on the low voltage grid. I hope that’s interesting, no fast car I know.
4. What is your biggest professional accomplishment?
Professionally there are many things I’ve enjoyed doing and working on. Nothing is as big an accomplishment as what you’re going to achieve tomorrow.
That said I’ve developed libraries for pricing, performed deal pricings for large transactions, built up some great teams of people, and learnt a lot on the way.
5. What is your biggest professional blunder?
So many blunders, too many to mention…. I guess my biggest regret is not setting up my own company sooner, and spending too long in a corporate environment. That and not being a banker in 2001.
6. What is your dream for your company?
I’d like ChargeSync to be a success and to make the people who have trusted us with their money so far see the benefits of their investment.
7. Who is your role model and why?
I don’t have a particular role model in business. Many people have my respect, but I don’t believe in copying other people or the way they do things. Innovate, not imitate.
8. What motivates you?
I’m motivated by making the world a better place, by bringing the energy storage revolution to benefit every home, by bringing home the bacon for my family, by working on interesting and new things, and by having fun and enjoying the world around us.
9. Why crowdfunding and why with Invesdor?
Crowdfunding is a great idea for real innovation, for stuff that hasn’t been done before, or companies where the market is all-new and being created.. Or where the investment you’re seeking to prove your ideas is still relatively small at this point in time. We’re hoping people will buy into our idea, and that we can turn our vision into a positive reality.
We chose Invesdor because we met the people working on the platform, really liked them and believed that Invesdor could reach investors across Europe who could understand that we want to do something very different to what has gone before. That together with a positive and proactive approach to doing business, and more flexibility than other crowdfunding platforms was the reason.
10. Why would you invest in your company? Give three reasons.
Of course I have invested both time and money into ChargeSync. My reasons:
- ChargeSync is an innovative company looking to use energy storage creatively, flexibly and efficiently
- ChargeSync has filed for patent protection for our coordination and optimisation algorithm
- The ChargeSync team has considerable experience and is well placed to grow the business