A lot has happened since I first met Entrepreneur Country Editor Kelly Dolan at the Dell Women’s Entrepreneur Network (affectionately known as DWEN) in New Delhi, India last year. At the time, I was actually living in Mumbai, working with a Bollywood startup called Talentube. However, I had been toying with the notion of really doing my own startup, tripchi, for several months—I had just graduated the Thunderbird School of Global Management with an MBA, and had won second place (and some cash) in a business plan/pitch competition.
New figures released last week by Ascendant Corporate Finance reveal a welcome resurgence in the UK and Irish tech scene, and it appears that it's just a sign of things to come.
Today I’d like to introduce you to a concept that can be as useful in your life as the 80/20 principle. The concept is the Strength of Weak Links and this is the basic idea.
A business needs customers – they bring purpose, ideas, and above all revenue. But not all customers are equal. Some companies focus on sheer customer numbers in much the same way they focus on turnover instead of profitability.
“In 15 years from now half of US universities may be in bankruptcy.” Such was the quote of Clayton Christensen followed by, “… in the end I’m excited to see that happen. So pray for Harvard Business School if you wouldn’t mind.”
High inflation has been one of UK's most persistent problems since the financial crisis. In the five-year period starting 2008, UK consumer prices have risen at an average annual pace of 3.3% - significantly faster than the Bank of England's 2% target and more than twice as fast as in the decade preceding the crisis.
What’s the entrepreneur’s secret weapon? In a world where TED speakers are the new rock-stars, and video is a must for your website, I’d say it’s your voice. If you want to find out about someone the first place you go is YouTube. When someone is googling you, your voice reveals who you really are, what your passions are, and how much you trust yourself.
For me, this is not a point for debate but an absolute fact.Young entrepreneurs in the UK will be the innovators, the creators of wealth and the facilitators of jobs. They are launching their own businesses, forging their own brands and will lead Britain into economic recovery. Here, I explain why I'm so sure.
The first two times I raised VC money, until success simplified things, it occurred to me how the process really mimics real world dating.
The disciple asks, “Buddha, what do heaven and hell look like?” Buddha smiles and escorts her to hell. At first it doesn’t look too bad. People are seated along long tables laden with mouth-watering delicacies. But with chopsticks a metre long tied to their hands, nobody can get the food close enough to their mouth to eat. Hungry and frustrated, they quarrel.