When I was let go at age 46 from the firm I was with, I calculated that at my age and income level any new employer would expect me to deliver new business to the firm quickly. If I didn’t I wouldn’t last long. If I did bring in a lot of business, however, the [...]
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Mistakes to Avoid When Starting a Consultancy
Is Venture Capital Now Harder To Get?
Venture capitalist Robin Klein recently blogged that:
Funding business plans from first time entrepreneurs just won’t happen anymore!
and went on to suggest that to get funding from a venture capital fund entrepreneurs are going to have to:
Be founded by 2nd and 3rd time tech entrepreneurs
Aspiring to build global businesses with scale
With genuinely original ideas which are [...]
How To Name Your Business
11% of consumers will not use a company if they don’t like the name? Yet 26% of businesses select the first name they think of - don’t make that mistake! So how do you choose a name for your business? There are four simple rules that your name should obey:
Identifies what you do.
Distinguishes you from [...]
Enterprise Capital Funds - Are They Working?
Enterprise Capital Funds (ECFs) are part of the UK Governments continued efforts in its crusade to address the “Equity Gap” for growth companies seeking up to £2m in equity capital.
The “Equity Gap” is a market failure based on entirely rational economics – the monetary returns that professionals have made from early stage investments have not [...]
Startup In A Weekend
If you want to start a business but don’t have the skills to do it all by yourself or you just love the startup experience then a Startup Weekend might be of interest. The concept behind Startup Weekend is simple:
Have you ever wondered what a group of highly talented and motivated people could accomplish in [...]
Getting Paid On Time
UK businesses are failing to take advantage of legislation (Late Payment of Commercial Debts (Interest) Act 1998) that protects them against slow paying clients, according to new research by commercial credit agency Graydon UK. Only 4% of businesses surveyed charged interest on late payments according to a poll.
A further 44% of UK businesses said they [...]
Syed Ahmed’s Hot Air Body Dryer
I finally watched Syed Ahmed’s Hot Air last night. It was an interesting program, but frustratingly they didn’t stick with it to the end, we were left wondering if Syed has managed to make it work or not. I have my doubts.
Overall I really couldn’t see the point of his dryer, gym towels, as Duncan [...]
The 3 Things Investors Won’t Give You Money For.
Business Angels and Venture Capitalists are crucial to many startups, but they are a picky bunch. They want your business to grow, but they are looking for a good return on their investment, as such they aren’t necessarily willing to pay for everything that the company needs.
So what are the top three things investors are [...]
Pitching Your Business Idea To Venture Capitalists
I came across a great post by Ben Yoskovitz on the Instigator Blog titled 5 Lessons Learned From Pitching VCs. It details what he’s learnt pitching his new startup Standout Jobs. As getting funding whether you approach a bank, business angel or venture capitalist isn’t easy, it’s always worth reading about the lessons others have [...]
Top 5 Business Startup Myths
Myth No. 1: The same number of entrepreneurs buy an existing business as start from scratch.
Fact: some three-quarters of new businesses are started from scratch.
Myth No. 2: It takes years to start a business from scratch.
Fact: Most businesses are established within six months, but those thinking about or avoiding starting a business tend to assume [...]
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About
This blog is about business opportunities and ideas that I spot, think of or hear about and think are useful and interesting. It is intended to provide ideas and inspriation for you to help you find the right business idea for you to then grow it into a successful business.
Who am I? I'm John, an entrepreneur based in the UK. You can read more about me here.
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