Most entrepreneurs with ambitions to start their own business generally start by either funding the venture themselves or sourcing early stage investment from friends and family. This is what potential investors expect from very early stage start-up founders.
It's been over a year now and, as I hoped and feared, it's been the most fun/interesting/terrifying year I've had for a few decades. On the whole, it would have been cheaper to buy a sportscar and less time-consuming to have an affair with a 25 year old, but, as I can't drive and am happy with my fella, this 45 year old's mid-life crisis is a "follow your dream" business startup.
Too many businesses, however, are still stuck in the past, stranded with out-of-date kit impairing their ability to compete effectively in the modern, digital economy. It's understandable why it's hard to let go - legacy infrastructure can be reliable, staff are familiar with systems and the costs are often locked in and budgeted for, or already paid off.
Reading that Belinda Earl, the style director of Marks and Spencer, says that women should ditch their uniform power dressing suits in favour of more comfortable attire has made me reflect on my penchant for comfortable footwear, shoes and sandals that enable me to move quickly from one place to the next. Perhaps I'm not so out of touch after all!
In a country where young people make up a significant proportion of the available labour force, yet unemployment rates for 20 to 24yearolds have been estimated to be as much as five times greater than those for older adults, Building Young Futures works hard to support hard to reach people in places where there are few jobs or prospects for the bulging youth population. What's the alternative?
There are no certainties in an entrepreneur's path, apart from one: you are bound to have a roller coaster ride. No matter how successful you end up being. It's never a straight line to success or failure
What is sure is that all the best plans start with a clear vision. If our prospectus achieves nothing else, then we hope that inspires others to pursue ideas that will define a new generation. We cannot go back in time to correct historical under-investment, but we can make plans for a future where once again the North will flourish.
UK Music is launching an Internship Code of Practice because we are committed to helping skilled and dedicated young people find a job in a music business. We also want to ensure a fairer workplace for budding music industry professionals. Offering paid internships is one way to ensure those entering the industry have an equal chance of developing their skills irrespective of their circumstance.
Word reaches me that yet another young Asperger has been sent along that false but winding yellow brick road towards a sunlit city on a hill proclaiming the golden words: EMPLOYMENT OPPORTUNITY!
The NHS Reinstatement Bill does what it says on the tin. This is the Bill for a truly publicly-provided healthcare service. I hope the shadow secretary of state for health will follow its logic. Our principles for reform should not be shaped by who privatised the NHS but by how it was privatised and where the dangers still lie.
It's the classic entrepreneur's dilemma: the bank has called in its loan, and you have two weeks to find a sizeable sum of money. What do you do? If you're Rebecca Harding, you take the dog for a walk. The irony of where she ended up that day -- at Beachy Head, a famous spot for suicides -- was not lost on her.
If we all have equal opportunity why is it that some capitalise on them. It is not having the opportunity; it is seeing and implementing the opportunity that defines those that win. "The will to win, the desire to succeed, the urge to reach your full potential...
Speculation or investment in the past has been enormously valuable to the market, it has aided price discovery and liquidity, securing certainty and longevity in the market. This all helps the growers to continue to invest in producing improving quality crops and provides the motivation to make "age-worthy" wines.
What is it about the senior entrepreneur that is so oxymoronic? Surely an older person is the most likely candidate to invent bifocals. I doubt that many 20-somethings (today as much as in the 18th century) have ever stopped to consider the greatness of a lens with two distinct optical powers.
The corruption of the world's biggest currency dealers was exposed recently, leading to US and UK regulators imposing £2.6bn of fines on six major banks. Although an extreme example, what we have here is a prime illustration of how bad behaviour in the workplace can have incredibly serious consequences for the organisations involved.
It's notoriously challenging to open a new restaurant. Tough competition, high cost of real estate, managing staff and fit-out of the premises. Thankfully movements such as the Sharing Economy have enabled food entrepreneurs to creatively survive where they may have failed in other times.