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TechBlast: IPG Energy CEO on why entrepreneurs should dream big, but start small

IPG Energy CEO Toby Gill sat down with TechBlast’s Jonathan Symcox to share his journey into climate tech and his top tips for entrepreneurs looking to get started with hardware innovation.

Jonathan writes: “IPG Energy is a company with big ambitions – and a technology to match.


“The London firm has developed Flameless Combustion technology which could enable some of the world’s most polluting industries – currently reliant on diesel generators – to operate with fuel-agnostic generators which offer energy security as well as clean energy.”

Two men in high-vis vests and hard hats inspect a turbine made from ceramic
The IPG Energy team with the Ceramic Turbine

IPG Energy CEO Toby Gill offers his advice to fellow hardware entrepreneurs looking to start their innovation journeys:


“My best advice for hardware entrepreneurs as they begin their development journey is to dream big, but start small.




“Dreaming big is crucial - to solve the world’s top climate challenges, we need a suite of disruptive solutions from innovators who aren’t afraid to change the game. It can be tempting to start as big as your dream. But try to avoid this.


“Starting smaller means the cost of learning, the cost of mistakes, is a lot lower. From the same development budget, you’re going to be able to get through a lot more iterations. And at the end of the day, going from an idea to a product is about making as many iterations as you possibly can.


"There are going to be things that don’t work as well as you hoped, there are going to be things that break – and you need to go through those development cycles as quickly and as cost effectively as possible.


"This means, ultimately, your hardware product will start delivering its positive impact sooner.”

 

Read the full interview “Why hardware entrepreneurs should start small” on TechBlast, the launchpad for growing UK tech start-ups.


Click here to find out more about our product, the IPG Flameless Generator, and how we’re working to accelerate the transition to renewable fuels in hard-to-abate sectors like construction.

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