15th May 2024
If you’ve ever tried to come up with business ideas, it can feel like everything has been done before, that all the low-hanging fruit has been plucked. Williams F1 recently proved that isn’t the case.
Williams F1 are one of the oldest and most successful teams on the Formula 1 grid. They have won the constructors’ championship 9 times and drivers’ championship 7 times. In 2020, the team was sold to an investment firm for €152m.
Earlier this year, it was revealed that the parts inventory for their car was being managed using a single Excel spreadsheet (1 & 2). Take a moment to let that sink in. A multi-million dollar company, at the cutting edge of motorsport, and their whole endeavour hinges on a single spreadsheet.
So when you’re struggling to come up with ideas, or feel like it’s all been done before, remember Williams F1. Remember there are still businesses using spreadsheets WAY beyond what’s reasonable. They need your help.