How To Start a Business Successfully: Six Key Tips From a Top Business Investor in Creative Businesses
Did you know that creative entrepreneurs are part of the wider creative industries now worth almost £80 billion to the UK
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.
Twenty five million pounds of government money has been poured into a venture capital fund for tech start-ups. With the Episode 1 fund they are, they say, "determined to give entrepreneurs the financial support they need to grow".
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?
As the founder of one of the country's biggest angel investment firms, there are two questions people often ask me. The first is what I think makes a good company to invest in. The second, is why new businesses should opt for an angel investor in the first place.
Since our time working in the startup scene and attending countless entrepreneurial presentations and events in London and abroad, we have been getting a clear sense of what makes London a truly special place to build a startup.
This week saw the surprise $1bn acquisition of hipsterlicious photo-sharing app Instagram by Facebook, making overnight multimillionaires of its 13 employees. Facebook is no stranger to picking up small businesses here and there, largely for talent acquisition, but this is clearly bigger than hoovering up a few more skilled coders.