In an age when the pitch-stage governs the start of most businesses, how can entrepreneurs make sure their ideas are quickly and clearly communicated? Start-ups need to attract new visitors to their website but, rather than encouraging people to simply purchase a product, they also need to engage with prospective investors.
What a boost it would be for more of the growing army of self-employed to become small employers. While the number of self-employed with no employees has increased, the number of self-employed with a small number of employees has not kept pace. In the past, the focus has been more on encouraging people to become self-employed and less on taking the next step to being micro-employers. There is an opportunity to further liberate the self-employed from barriers to growth and nudge everyday entrepreneurs into being everyday employers. The prize is stronger, more sustainable economic growth.
I had £1,000 of my student loan left over which at the time to me was 'a lot 'but at the same time, I never felt the fear of losing 'a lot' of money. I just needed to find the right idea. As many of you will know £1k is still very little to get started when creating an online business so I had to be very strategic and do everything on a shoestring.
once you've nailed your startup idea, gathered a founding team, grabbed the domain name and Twitter handle. What's next? Why, it's time to print some business cards and give yourself a title. So assuming you've found a buddy to join your venture, what are you? A co-founder? A cofounder? Or maybe a Co-Founder? Yes, you should care about the answer!
The pensioner as entrepreneur is nothing new. Harland David Sanders (aka, Colonel Sanders) started Kentucky Fried Chicken when he was 65 years old (today a $15 billion company) and Ray Kroc was 52 years old when he started McDonalds (which, at revenues of $38 billion - including franchise stores - actually makes it the 68th biggest economy - larger than Ecuador).
Nine months ago I left my perfectly reasonable job in online advertising to start my own business. Starting a blog nine months into a startup seems particularly appropriate because in that time, as I'm sure you're aware, a baby can be made. There are many many similarities between having a baby and forming your own start-up.
Perhaps I am the worst sort of reactionary, but I don't like doing business over the telephone, and I absolutely detest doing it via a grainy web image. I used to have a WebEx account, but for the amount I used it, it was probably more expensive per minute than a handful of sat phones. For me, it is about meeting people, shaking hands, and getting to know them.
Being a successful entrepreneur and angel investor, I have seen my share of business plans. I'm still waiting to have one land on my desk where I don't have to ask a multitude of questions to get the whole picture. So where do people go wrong and what can a new business or start-up do differently when putting their plan together?
Increasing numbers of Brits are now starting their own business, in fact there's a whopping 4.5 million businesses in the UK right now which employ 1-9 people. So if you've been hearing the jungle drums and want to become an entrepreneur then I can't light that rocket under you, but I can tell you how to do it!
The journey I embarked on when I started with the Foundation in early 2009 could not have been a richer or more rewarding one. What motivated me to move from a UN job in the Middle East to London and immerse myself in a start-up? I was inspired by the focus of the Foundation's mission: to support women entrepreneurs in developing and emerging markets.
Most people on this planet are motivated by fear. This can manifest in a variety of ways from mild to extreme, but will inevitably have an effect on the person themselves, what they believe they can achieve, the relationships they are able to attract (both personal and professional) and how far they are prepared to reach in their lives.
I am not competent enough to speak about the legacy that will survive Mandela. Nor am I versed in the study of politics to fully appreciate just how extraordinary Mandela's achievements have been. I am qualified to call Mandela one of the most iconic figures of our time and perhaps the 20th century's foremost actor for egalitarianism and liberation.