Home Insights The unique funding strategy of a vertical whisky distillery

The unique funding strategy of a vertical whisky distillery

Paddy Fletcher, co-founder and co-CEO of The Port of Leith whisky brand, shares his personal business advice, explaining why he built a vertical distillery

In this instalment of our video series, My Business Leader Secret, we talk to Paddy Fletcher, who along with co-founder Ian Stirling, is scaling a successful alcoholic drinks company in Scotland.

How do you fund a business if your product will take several years to be ready for market?

That's the key question the founders posed themselves when they started on their business journey.

It's a challenge all new Scotch whisky brands face. This is because a whisky must mature for at least three years before it can be certified as a Scotch.

The entrepreneurs' answer to this problem takes the form of a 40-metre-tall, vertical distillery in Edinburgh.

Paddy Fletcher shared the insights he’s gained from maturing a whisky business.

Watch the rest of the My Business Leader Secret series.

Related and recommended

Karen Blackett: Listen more in order to lead

Karen Blackett: Listen more in order to lead

The advertising veteran believes that leaders need to listen to those around them to set the right course for the business

The signs of executive burnout – and how to avoid it

The signs of executive burnout – and how to avoid it

Burnout is a serious problem for many leaders, but if you can spot the signs, you can stop it – and recover

Give British businesses the right environment to grow

Give British businesses the right environment to grow

With Labour committed to spending more on defence, we need to be clearer on the trade-offs – while realising ultimately it can boost the economy

No 10 sees opportunities in Trump’s trade chaos

No 10 sees opportunities in Trump’s trade chaos

Labour believes a trade deal with the US will change its political fortunes, but there are numerous obstacles in the way

Apply to become a member

Click here to review our privacy policy.

Start your journey