Matt Barnwell isn’t your typical director. Balancing leadership roles at IH Solutions and Lightning Bolt Entertainment, Matt has made significant strides in two very different yet complementary industries: Competitive Socialising & Leisure Consultancy, and Hospitality & Live Music. His knack for blending these realms demonstrates a keen understanding of what people crave in today’s fast-paced world—engaging experiences that resonate on multiple levels.
Eight Years of Innovation and Counting
Over the past eight years, Matt has navigated the challenges of growing a business in these dynamic sectors. With a team of seven, based in London, he’s developed a comprehensive service offering that supports clients from the inception of their first location to the complexities of scaling a multi-site brand. This end-to-end approach is a testament to his strategic thinking and commitment to delivering long-term value.
Lessons from the Field: Financial Savvy Above All
When asked about the best advice he’s received, Matt emphasises the importance of having a quality financial controller. “Get a financial controller who can manage all the financial aspects, allowing you to focus on delivering the work,” he advises. This nugget of wisdom highlights the importance of delegation in business—a lesson Matt has clearly taken to heart as he continues to focus on growth and innovation.
On the flip side, Matt has also learned from less-than-ideal advice. Targeting smaller businesses in an effort to grow quickly didn’t pan out as expected. Instead, it resulted in a lot of effort spent on clients unwilling to invest. It’s a reminder that growth strategies need to be as selective as they are ambitious.
Looking Ahead: Succession Planning and Sustainable Expansion
Matt’s vision for the next 12 months is both clear and strategic: expansion with a focus on effective succession planning. Ensuring that competent managers are in place to maintain the business’s momentum is crucial. This approach not only sets the stage for sustainable growth but also reflects Matt’s long-term commitment to the success of his ventures.
Words of Wisdom for Aspiring Entrepreneurs
For those looking to follow in his footsteps, Matt offers a pragmatic piece of advice: ensure your finances can sustain you long enough to avoid the pressure of taking on unsuitable work. This advice is a clear reflection of his own experience and a key to fostering genuine growth rather than merely surviving.
A Leader with a Dual Focus
Matt Barnwell is a leader who understands that success in business requires both strategic foresight and the ability to adapt. His work with IH Solutions and Lightning Bolt Entertainment showcases his dedication to creating memorable experiences, whether through innovative leisure concepts or electrifying live events. As he continues to expand and refine his businesses, Matt remains a figure to watch in both industries.