What did I do wrong in my first startup? What didn't I do wrong! I probably did more wrong than right, but I got out the other side with some skills, earning power and am able to tell the tale. I'll take the hard earned lessons with me onto the next one, hopefully executing much more artfully and smartly next time.
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.
What a long way we have come. I can remember when we administered the first £1million. It seemed like a huge milestone. It seems like only yesterday we had provided loans to 5,000 businesses and now we have passed the 10,000th milestone. We should be very proud of what we have achieved, but there is still a long way to go...
While working as a consultant in London a few years ago, I remember it as a "suit city" like New York. However, over the past two years, a lot of investment has been committed to change this - as evidenced by the Sirius Programme. This shows that the British government is taking this movement sirius-ly and will support its growth over the coming years.
Yesterday I caught up with Eric Brotto the lead organiser of London Startup Weekend. Startup Weekend is a worldwide organisation of entrepreneurs who are learning the basics of founding startups and launching successful ventures. It claims to be the largest community of passionate entrepreneurs with over 400 past events in 100 countries around the world in 2011.