Bulletproof Entrepreneur #82 He Ditched Cash, Bought Bitcoin, Then Listed His Company on the Stock Market: Entrepreneur, Scott Ellam of XCE.
Scott Ellam started with a £13,000 basic salary, cold-called his way into closing a company acquisition at 22, and then built a thriving international executive search firm from his kitchen in 2014.
Then he did something almost no UK founder has done - he put Bitcoin on his business balance sheet, and then took the whole thing public - listing it on the stock market.
In this episode, Scott tells the full story:
- Why he believes the £230 billion sitting in UK business bank accounts is quietly losing value every year,
- How he held his nerve watching Bitcoin drop from £60k to £16k while still buying daily,
- Why he believes the IPO structure he’s built solves one of recruitment’s oldest problems - attracting and retaining top billing talent.
This isn’t really a Bitcoin episode. It’s an episode about what you do with the profits you’ve worked hard to build - and whether cash in the bank is actually as safe as it feels.
Whether you agree with the strategy or not, this conversation will challenge how you think about incentives, capital allocation, and long-term value creation.
What’s the “don’t get poor slowly strategy” for your business?
Links
https://uk.linkedin.com/in/scott-p-ellam-5a097449
https://www.spencer-riley.com/about-us/meet-the-team/scott-ellam
https://m.youtube.com/watch?v=YtFOxNbmD38
https://www.amazon.co.uk/Principles-Bitcoin-Technology-Economics-Philosophy/dp/023122012X
This podcast is produced by Tribunista
Sponsored by Capital Asset Management