A huge amount of products we buy in our weekly grocery shop contain RFID (Radio Frequency Identification) chips, these are small radio chips that can be detected should they pass the exit without first being de-activated. Many large supermarket chains now also use these for... View More
Many businesses today are very quick to declare "we can't do that for you miss", "its not an option on the menu sir", and the latest "the computer won't let me do that". When a fast food worker says "we can't do that" I often... View More
A new call has came from The Department for Culture, Media and Sport (DCMS) via Innovate UK for a single collaboration to demonstrate the use of the Internet of Things (IoT) across a city region totalling up to £10 Million. From the Innovate UK site:
The aim of... View More
As bootstrapping entrepreneurs we have ideas every day, lots of them. I write them all down in my journal, usually that's as far as they go, but often I can get distracted by them for a few hours, or even days.
If you are in the... View More
Hyping up your business as a bootstrapper is necessary, but even though it's currently cool to be a 'startup', it's not going to instil confidence in your prospective customers that you have no history (at least in the B2B world). So we need to hype... View More
Execution in the startup world, is in a nutshell, putting your plan in to action. Within a bootstrapped startup, we have to begin to execute our plan from day one, not once we get funded.
I often come across entrepreneurs that enjoy the starting, but struggle... View More
Persisting in business may be the number one differentiator between those that succeed, and those that fail. Succeeding then, may look on the face of it as for only those that can hang on long enough. But persistence is more than just hanging on hoping... View More
I have been invited to attend a few pitches by budding entrepreneurs over the last few years, sitting on a panel of judges, or dragons as they have now become known, following the popular tv show Dragons Den. Some are to simply judge the best... View More
The neurologist Daniel Levitin said it takes 10,000 hours of practice in order to become a master of something. I think by this he meant things like computer programming, brain surgery, medicine and law etc. It suggests that what we identify as top talent really... View More
When running a boostrapped business, setting goals both business and personal is important to our success or failure. Without goals how do we know where we are going, and how do we measure our progress. Lately there has been a trend in guru's advising not... View More