Motivating staff is becoming an increasingly important consideration for businesses. To find out how businesses can motivate their staff, we spoke to Richard Cummings, manager director of HR Insight.
Posted on 4th December 2014 in Great British Entrepreneur Awards.
In its second year, the Great British Entrepreneur Awards brought a night of glitz and glamour to the hard-working lives of some of the UK’s most inspiring entrepreneurs.
Posted on 24th November 2014 in Great British Entrepreneur Awards.
So, imagine the situation. Five budding entrepreneurs come together and decide to look for a new business venture.
They create their wish list and send out their researchers to find:
• the perfect industry (growing, immature, without any significant major players) and
• the perfect clients/customers (hungry for the product, insatiable appetite for repeat purchases).
‘Big Data’ is a term popularly used to describe the exponential growth and availability of data in recent years, and can range in size across sectors from a few dozen terabytes to multiple petabytes (thousands of terabytes).
In my opinion, everyone has it in them to make it as a young entrepreneur. You just need to be focussed and determined. A question that I am asked all the time is “what do you need to make it as a young entrepreneur?” The answer is simple: Focus, passion and determination. Unfortunately, it is something that some people lack. Yes, I said it. You need to be completely and utterly focussed and determined on your goal, and committed and focused to making it happen. What else do you need to make it as an entrepreneur? Read on.
Personalisation is the buzz word of the moment. Whether it’s personalised emails, offers or products bearing our name or photos, we as consumers can’t get enough of it. The possibilities and avenues for personalisation or customisation are endless and despite the boom, it seems that as a society we are a long way from tiring of being pitched personalised products and services.
Ideas mean nothing unless they are made real. Entrepreneurial ideas get turned into products and services and are sold to customers to make a difference. Yet, entrepreneurs are often not implementers, nor project managers. They’re often distracted by the next idea, the next development, and the new opportunity.
So, you’ve decided you want to be an entrepreneur. Congratulations! Starting and running your own business is something that many people dream about. Now that you’ve made this decision, you will want to do all you can to make it succeed.
When you’re thinking about starting a business, any number of things will cross your mind. These could range from the practical, like finance and facilities, to the creative, like marketing or product design. When all of these ideas are going around in your head, that’s when it’s time to write a business plan.
High growth tech startups often need to raise multiple rounds of funding. In a competitive marketplace if you only grow organically by reinvesting your own cash-flow, then you can easily get left behind. Each round of external funding into your company adds much needed cash that can be spent on marketing, R&D and product development.
Here is a simple truth: there would be more jobs if there were a better understanding between banks and the businesses that want to borrow from them. But this appears to be lacking.