Categorized | Young Entrepreneurship

Peter Zaborszky, a 24 year entrepreneur turns to profit during the credit crunch

Posted on 22 February 2010

24 year old entrepreneur Peter Zaborszky founded Renegade Games Limited just when the credit crunch was in full swing, February 2009, and managed to turn £30,000 angel investment into £50,000 profit in the first year.

Businesses closing, mortgage defaults, emptying high streets, the credit crunch has affected millions of people in Britain. But fighting entrepreneurs still try to start businesses, where ambition outweighs the difficulties of the current times.
Pete Zaborszky started a joint venture with Fubra Limited in February 2009, aiming to build a business around internet games. The experience both parties bought to the table was useful, Peter built an internet game aged 17, while Fubra built a media company based on useful websites with useful content. The company was started with angel
investment of £30,000 from Fubra.

Read Peter’s story here.

This post was written by:

Cristian Dorobantescu - who has written 625 posts on Small Business Entrepreneur blog.


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