![](https://spicytrends.com/wp-content/uploads/2020/03/li3508747-deliveroo_016-1476287284498-pm9lgxi740bf-6fdb631.jpg)
How This Deliveroo Driver Secured £20,000 in Investment for His Business Idea
![](https://spicytrends.com/wp-content/uploads/2020/03/li3508747-deliveroo_016-1476287284498-pm9lgxi740bf-6fdb631.jpg)
One of the biggest hurdles that entrepreneurs face while building their business is finding the funding needed to get their ideas off the ground. Kacper Serafin, a rider for the delivery service and aspiring businessman, knew this by experience. Luckily, he soon overcame this challenge after winning thousands of dollars to finally fund his coffee mug business.
Humble Beginnings
![](https://spicytrends.com/wp-content/uploads/2020/03/mug.jpg)
SimpleMost | A sample of Serafin’s no-spill coffee mugs
Serafin, who now lives in the United Kingdom, is a Poland native who left his country to chase his dreams with just $323 to his name. One of his goals was to build his own company and he immediately got to work to make it happen. The hard-working man took on a couple of day jobs to afford his bills while he spent his nights learning relevant skills that can help him along the way. Serafin admittedly got through this hectic schedule of working in a warehouse and coding thanks to coffee–lots of it.
But the liquid fuel didn’t only give him energy it also led him to develop a business idea he’s still working on today. After spilling some coffee on his notes one night, he played with the concept of a mug that won’t be knocked over. Plus, he wanted the mug to be something that people can take to work while their coffee is kept warm
Saving Up For a Dream
![](https://spicytrends.com/wp-content/uploads/2020/03/deliveroo-rider-e1565612942677.jpeg)
Quartz | Serafin started riding for Deliveroo in 2017
After doing some research, Serafin found that his product could be manufactured in China. Thus, he needed to make a trip there to make sure that it was the right place to do so. That was when he began working for Deliveroo, an online food delivery company, and quit his regular job. The decision proved to be the right one as his new job’s flexibility allowed him to focus more on his budding business.
Finally, he set aside enough to go to Asia where he found a factory to manufacture his goods. Because his trial batch sold well, he continued to work with them and still does to this day. By 2018, he was able to trademark his product, the Magic Suction Mug.
Much-Needed Boost
![](https://spicytrends.com/wp-content/uploads/2020/03/man-creates-genius-coffee-cup.jpeg)
Unilad | Serafin plans to use the money to hire a video and graphic staff to demonstrate how his product works
His business got a much-needed boost after he won a pitch competition held by Deliveroo. Believing in the potential of startups, the delivery service asked its workers to send in their ideas so they could invest in the best ones. Serafin was one of those chosen. He was awarded £20,000 ($24,910) to help him take his business to the next level.
More in Finance
-
`
The Unique Tradition of the SAG Awards: No Hosts!
The Screen Actors Guild (SAG) Awards, a prestigious event in the entertainment industry, has a unique tradition that sets it apart...
March 9, 2024 -
`
Essential 2024 Startup Know-How for Women | Beginning Your Business Journey
Forget the tired trope of the lone wolf entrepreneur. Today, women are shattering glass ceilings and redefining what it means to...
February 27, 2024 -
`
Microsoft and OpenAI Sound Alarm Over AI Hacking
A recent joint study by Microsoft and OpenAI raises concerns as it unveils attempts by state-backed hacker groups to exploit AI...
February 25, 2024 -
`
Invest with Confidence: Identifying 5 Key Company Traits for Success
When investing hard-earned money in stocks, we all want the reassurance that comes from placing bets on reliable horses. But how...
February 15, 2024 -
`
Roger O’Donnell’s Heartfelt Message to Morrissey Amidst ‘Medical Supervision’
When news broke that Morrissey, the iconic frontman of The Smiths, was placed under “medical supervision for physical exhaustion,” the music...
February 10, 2024 -
`
Six Flags and Cedar Fair Merger: A Thrilling Venture Under DOJ Scrutiny
Picture this: two giants of the amusement park world, Six Flags Entertainment and Cedar Fair, coming together in a colossal merger,...
February 3, 2024 -
`
A Peek Inside NASA’s Latest Supersonic Aircraft, the X-59
In the annals of aviation, breaking the sound barrier has always been a loud affair. But NASA, in partnership with Lockheed...
January 22, 2024 -
`
The Easiest Personal Loans to Secure Your Financial Freedom in 2024
Embarking on a journey toward financial stability often requires a helping hand, and personal loans emerge as versatile allies in this...
January 21, 2024 -
`
Emily Atack Baby Joy: A Peek into Her Life with Boyfriend Dr. Alistair Garner
New beginnings and a tiny miracle: The year 2024 has kicked off with a beautiful surprise for fans of Emily Atack,...
January 10, 2024
You must be logged in to post a comment Login