Lucy Cohen, Co-Founder Of Mazuma Money

Tue, Jun 16, 2009

Young Entrepreneurs

Lucy Cohen, Co-Founder Of Mazuma Money

She started up Cardiff accountancy practice Mazuma to put to rest the stereotypical idea of accountancy and to bring the profession to the attention of young businesses and established companies alike.

Initially working on it as a part-time project, Cohen, 24, eventually packed in the day job and brought in long-time school friend Sophie Hughes alongside her as a fellow director. A lot of hard work, networking and a refreshing approach has seen the firm take off recently to a hugely positive response.

In May this year, Cohen and Hughes won the Wales Shell Live Wire Entrepreneur of the year award and in August the firm was a finalist at the Startups Awards for the Women in Business and Service Business of the Year categories. Both directors trained at the Financial Training Centre in Cardiff and are AAT qualified.

Growth at the firm is rapid, and plans are afoot to open another office in Newport.
‘It’s brilliant running our own company and being our own bosses,’ says Cohen. ‘But everything is on our shoulders and it’s quite stressful and rewarding at the same time.’

You may also remember her from the BBC Television Series of “The Last Millionaire” from which she successfully won.
http://www.bbc.co.uk/lastmillionaire/entrepreneurs/lucy.shtml

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