One of his previous ventures includes LEAP in Life Business Builders, a management consultancy for SMEs. This position provided him with deep insight into the key challenges faced by consultants, sole proprietors and small businesses: how to grow the business without vast expenditure or investment. Many think it is impossible. Smit believes that with a good balance of government initiatives, private sector involvement and entrepreneurial energy there is a solution to both the entrepreneurial conundrum and the prolonged UK economic crisis.