Feb 19, 2025
In this episode of ScaleUp Radio, we’re joined by Dan Tennakoon, CEO of RE24, a pioneering enterprise platform that helps large energy users, particularly data centres, manage renewable energy. Dan shares his entrepreneurial journey, the challenges of scaling a business in the renewable energy sector, and the lessons he’s learned along the way.
Key Points:
🔹 How RE24 is revolutionising
the renewable energy market with long-term contracts and a
customer-first approach
🔹 The biggest challenges Dan faced in
scaling RE24, including building credibility, managing cash flow,
and navigating the loneliness of entrepreneurship
🔹 The key factors behind RE24’s success:
persistence, simplicity in messaging, and working with young,
adaptable talent
🔹 Why securing an 18-month cash runway is
crucial for financial stability
🔹 Dan’s long-term vision for RE24,
including an IPO by 2033 and making 24/7 carbon-free energy
accessible to all
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For now, continue listening for the full conversation with Dan Tennakoon.
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You can get in touch with Kevin here:
Kevin's Latest Book Is Available!
Drawing on BizSmart’s own research and experiences of working with hundreds of owner-managers, Kevin Brent explores the key reasons why most organisations do not scale and how the challenges change as they reach different milestones on the ScaleUp Journey. He then details a practical step by step guide to successfully navigate between the milestones in the form of ESUS - a proven system for entrepreneurs to scale up.
More on the Book HERE - https://www.esusgroup.co.uk/
Dan can be found here:
https://www.linkedin.com/in/dhanushka-tennakoon/
https://x.com/i/flow/login?redirect_after_login=%2FRE24_energy
Resources:
Stanford University Thought Leaders Podcast - https://stvp.stanford.edu/podcasts/