Date
Speakers
  • James Reed
    Host
    James Reed, Chairman and CEO, Reed
  • Guest
    David Palmer, Founder, Life of Fish
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In this episode of all about business, James speaks with David Palmer, Founder of Life of Fish, the modern London fishmonger that started as a lockdown pop-up outside a Peckham cafe, and has now grown into a multi-site retail and wholesale business built on sustainability, craft, and genuine customer service.

David shares what he learned starting work at Billingsgate Market, at the age of 14, with no qualifications and no plan. Climbing into bins at two o’clock in the morning and learning to fillet fish under pressure, allowed David to slowly piecing together a skillset he didn't realise he was building. The lesson he took from those years is simple: nothing you learn is wasted, and starting from the bottom teaches you things no shortcut ever could.

Together James and David explore what it really takes to build a product business in a traditional industry that nobody had modernised. How do you source fish responsibly from small day boats and coastal fishermen, why educating customers builds more loyalty than any marketing, and what happened when David took 100 tuna steaks to Brick Lane and sold none of them.

They also discuss the harder lessons of growth: why expanding too fast almost broke the business, how to know when to consolidate rather than chase new opportunities, and what it means to build something that runs on profit rather than debt.

Timestamps

  • 3:16 leaving school at 11

  • 14:01 the entrepreneurial pivot question

  • 16:19 the breakthrough moment

  • 18:31 the gap in the market

  • 20:38 Covid lockdown launch

  • 22:20 70 people queue

  • 40:00 Lesson on over expansion

  • 41:02 turning down free rent

  • 44:44 hiring philosophy

Follow James Reed on LinkedIn:https://www.linkedin.com/in/chairmanjames/

Follow David Palmer on LinkedIn: https://www.linkedin.com/in/david-palmer-8867888b/

Find out more Life of Fish and their products here: https://lifeof.fish/

Submit your application to Reed’s Entrepreneurs Fund for a chance to win a £20,000 grant: https://www.reed.com/entrepreneurs

This podcast was co-produced by Reed Global and Flamingo Media. If you’d like to create a chart-topping podcast to elevate your brand, visit: http://flamingo-media.co.uk/