Category Archives: Entrepreneurship

The key to success in business

Everyone is looking for the key ingredient that will ensure their business is a success. With this in mind we asked the winners of the IoD Director of the Year Award UK Finals 2011 what they think the key to their success has been.

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The search is on for 25 ambitious social entrepreneur…

Recently we saw the launch of Big Venture Challenge, of which the IoD is a supporting partner, a fantastic new competition to find 25 of the nation’s most ambitious social entrepreneurs and give them the chance to fast-track their ventures to the next level. The initiative, run by UnLtd and supported by the Big Lottery Fund and the Millennium Awards Trust, is in three stages – offering 25 winning entrepreneurs £25,000, the best 10 £50,000 in matched funding, and a massive £100,000 to the very best two.

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Risking it all for growth

Entrepreneurial risk is different for every company; although, as a group, entrepreneurs tend to be risk-averse people because they work largely with their own money. However, as Simon Calver, CEO of LOVEFiLM pointed out at the Risking it all for Growth free seminar held with IBM on the 7 April 2011, risk is different online; the beauty of online is that you can switch something off if it’s not working.

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Joined up thinking – just a pipe dream?

Primary and secondary schools, businesses, local councils, students (young and old) all working together towards a more entrepreneurial and enterprising future? Wishful thinking? An idealistic/ utopian society? Or even, dare I say it, big society? Global Entrepreneurship Week stemmed from a project that Enterprise UK set up in 2004 and is now in over 100 countries around the world. It is movement that aims to inspire, educate and promote entrepreneurialism and enterprise. For one week every year businesses, schools, entrepreneurs and students come together to learn from one another and help shape a more enterprising future. Well that is the … Read More »

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G20 Young Entrepreneurs Alliance

It seems fitting that as it is the start of Global Entrepreneur Week today to share with you the latest news from the G20 Young Entrepreneurs Alliance that was hosted in South Korea on the 7 – 9 November. The G20 Young Entrepreneurs’ Alliance is a global network of young entrepreneurs and the organisations that support them. It has been established to convene each year in advance of the G20 Summit with the aim of championing the importance of young entrepreneurs to the G20 member nations and to share our own examples and practices. The Alliance was set up with … Read More »

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Entrepreneurs are the solution

Be it the invention of the spear, the building of the first hut, the carving out of the first canoe, Graham Bell wishing he could pickup something to say hello to a friend far away or the Wright Brothers looking up and thinking man needs to be in the skies, entrepreneurs have lead the way, seeing a problem and developing of a solution, pushing the boundaries and challenging what we thought possible. Entrepreneurs have been the bedrock of our civilization and they are the life blood of our future economy; it is through the development of an enterprising economy and … Read More »

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