As a business and enterprise coach I am frequently asked about the kinds of skills and qualities I think new business owners need to develop. Now, everyone is different and we all come with a unique skill set. But there are three skills I believe to be universal if you are going to flourish as a freelance, self employed person or entrepreneur.
I've recently noticed two key trends in communications. Firstly, more agencies seem to be either hiring a specific person responsible for business development or relying more heavily on 'pitch' teams, and secondly, I've seen more companies asking for reassurance in new business meetings, that the team that they see is the one they will be working with...
The majority of people come out of the "so-called" security of employment into setting up their own business and then becoming their own boss. Being one's own boss requires many different disciplines and skills coupled with courage and ambition. Yes, it takes courage to take on ownership of one's self, life-style and future.
When I started my first business in 2011 there were only a handful of other young people that I knew of, that were self-employed. Most people were happy to get their degree and look for a job in the city that 'paid well'. But fast-forward to 2014, and it seems that young people have got smarter, savvier and more commercially aware.
Every good business knows that you can never let a crisis go to waste. To turn this crisis into our opportunity we must, like Mr Meyer and his fire station, start from the basics. The first flagship and most daring policy of an entrepreneurial public sector would be making Britain the best place on earth to start a new business.
Robert F. Kennedy famously said "Only those who dare to fail greatly can ever achieve greatly' and in the case of young entrepreneurs this is absolutely true. Most start ups fail. That doesn't mean your own start up will never succeed, but it probably won't be your first and possibly not your second either.