background preloader

Five top tips to starting a successful business

Five top tips to starting a successful business

Windows 8 fails to reignite PC market: Gartner The Top 25 Books for Entrepreneurs That Kick Serious Butt Sign up for free below and get the following: Inside access to our Money Dominating Toolkit Exclusive 2 chapters from my best-selling book Advice on how to build real wealth Join the GF¢ community Now! How to start a business and not get punched in the face 11 years ago I was an impoverished student about to graduate with £14k in debt. I did what any sensible person would do in this situation, and started my own business. I co-founded with someone who proved to be less than ideal when he punched me in the face during our second board meeting. He owned 49% of my company. Our first annual profit – £200 – was barely enough to buy one iPod touch. A decade later I’m almost embarrassingly happy (and successful), but the road there was long and winding. On you as a founder Firstly, do it. On your business idea Don’t be afraid to change tacks. On marketing Marketing isn’t about changing people’s minds. On people Be slow to hire, quick to fireHiring can be a bit like dating, and if you jump into bed with the first passable partner that takes your fancy, you’re just creating an inevitable and painful breakup. Everyone I know who has ever tried had a single common refrain: they wish they did it sooner.

Class of 2013: So, You Want To Start a Company? The Right Ingredients for Innovation Innovation is crucial for growing a business in today's increasingly competitive global marketplace. In fact, 61% of CEOs surveyed in a recent PricewaterhouseCoopers report said that innovation is a priority or a primary focus of their business strategies. But creating an environment that fosters innovation and creativity can be a tough code to crack. Based on the survey, Mindjet put together an infographic that illustrates the key ingredients a business needs to build an innovative work environment. Unsurprisingly, a culture that is supportive of innovation tops the list, followed by strong visionary leadership and a willingness to take risks and challenge organizational norms. View the full graphic on Mindjet's blog. Do you agree with the survey's findings? Image: Flickr, Dell Inc.

City of London launch for Cardiff Business District - Business News - Business THE Cardiff Business District (CBD) project, which aims to transform the business offer of the capital, will be unveiled to potential investors at an event in London this evening. Cardiff council is looking for property developers to come on board to realise its plans for a thriving new financial and professional advisory services led business quarter in the centre of the city. Eventually the CBD could create four million square feet of new grade A office space on land covering about 140 acres from Cardiff Bus Station, past the Callaghan Square office development and into Cardiff Bay. It will aim to attract leading financial institutions from London and the south-east of England and will open up the prospect for a convention centre. Cardiff council and the Welsh Government have committed up to £60m to the project, and expect that investment to pave the way for a further £100m from private sector developers. The CBD will be unveiled at an event in the City of London on Monday.

Russia May Face Debt Crisis Like Greece Russia may face a debt crisis similar to the one gripping Greece by 2030 unless the government reduces spending, said Sergei Ulatov, the resident World Bank economist in Moscow. “By 2030 the debt level would be unsustainable like in Greece” if nothing changes, Ulatov said in an interview during the Russia and CIS Capital Markets Forum organized by Euromoney in London today. “Right now, we are mostly helped by oil prices and not by a very prudent macroeconomic policy.” Finance Minister Alexei Kudrin this week urged the government to cap annual spending increases at 4 percent to stabilize public finances and avoid state “paternalism” in running the economy. Oil prices tumbled to the lowest level in four months today after the International Energy Agency said its members would release crude from strategic reserves. By 2015, Russia won’t be able to cover the shortfall in the pension fund even if oil stays at the current break-even level of $115, Ulatov said.

Home - introbiz the business builder Wales Consisting of over 700 members, the Wales division of the IoD is ably led by Executive Director Robert Lloyd Griffiths. The divisional office is located at the Park House Club, located in the heart of Cardiff's city centre. The IoD Wales division has a dedicated committee who aim to assist businesses whether through representation or through local business events, seminars and conferences. The committee also look to promote business excellence through their support of training and development courses and annual awards such as the Director of the Year awards. The Park House is now closed on Mondays and Tuesdays. Wales Reset Map Data Map data ©2014 Google Map

Business Scene - The Business and Events Directory Julian Assange - Who Will Be TIME's 2010 Person of the Year? He is a new kind of whistle-blower: one made for the digital age. Those before him (like Daniel Ellsberg) were limited in the ways they could go public with their information. But in founding WikiLeaks.org, Julian Assange gave himself the freedom to publish virtually anything he wants, whether it's the true nature of Iraqi prisoner abuse, the double role Pakistan plays in Afghanistan or the personal e-mails of Sarah Palin. Assange's site, which he started four years ago, has made public a trove of secret and classified documents — close to 500,000 pages on the Iraq and Afghanistan wars alone. But in the process, governments he has targeted (like the U.S.'s) claim he has put the lives of informants and soldiers in jeopardy. Next Glenn Beck

Related: