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Archive for July, 2013

Doug Richards, Founder of School for Start Ups and ex Dragons Den

Tuesday, July 30th, 2013

Another ‘Thought Bite’ comes as a result of Doug Richards, ex Dragons Den panel member and Founder of School for Start-ups. He had a few things to say at the Accelerate 2013 Conference, and afterwards when I had a chance to ask him a couple of questions.

One was to look at things differently. Don’t do what everybody else is doing. Innovate. It sounded very much like the ‘Purple Cow’ by Seth Godin. He has this attitude to business and one that I would endorse. Another was to exploit the luck that comes your way, don’t let it pass you by. I agree with that too, as the retail sales pitch says, ‘when it’s gone, it’s gone’. He mentioned how people approach him with an idea but won’t tell him the details ‘in case he steals it’. That comes down to trusting the investor or whoever you want to help build the business. That’s not an easy one, but a business cannot be built without input from others, so choose wisely, but choose someone.

More ‘Thought Bites’ soon.    Marj

Ego, Failure and Jimmy Wales, Founder of Wikipedia.

Monday, July 22nd, 2013

Jimmy Wales Founder WikipediaI was looking through my notes the other day for a client, and came across some of my comments on a number of speakers that I’d heard and had discussions with, over the last few weeks.Most of them came from Accelerate 2013 which took place in Liverpool earlier this year.

So I thought it a good idea to share them with you. Just little ‘thought bites’ over the coming weeks.
Jimmy Wales, the Founder of Wikipedia is a good start. What was fascinating was his admission that he’d failed, several times, with various ventures that he’d tried, before Wikipedia became successful. He made several notable points, including ‘Don’t tie your ego to the business’ and ‘If it looks like you’re going to fail with a particular venture, then fail, fail fast and move on, don’t look back’.

Hard lessons to learn.

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