UK London – availability of wide range of skills and talents, wide range of funding, incubators, intermediaries, angel investors, VC, opportunities for collaboration with many businesses in a close area etc Metropolitan area – very good transport. Huge ecosystem, many advisors, Google Campus – 274 start-ups in the campus raised $34M in 2013. High rents …
Author Archives: Danial Farooq
Examples of Entrepreneurial Failures
Hiten Shah — Spent $1,000,000 on a web hosting company that never launched as they built the best thing they could as perfectionist without an understanding of their customers. Robin Chase — Built GoLoco without engaging with customers and had to iterate until he founded Zipcar Rand Fishkin — Large projects with many months of …
Examples of Social Entrepreneurial ventures
Entrepreneurship have a vision and act. Ask what if? Entrepreneurs have an idea, find partners, find funding, implement, Théodore Maunoir – The founder of Red Cross – first Nobel peace prize, just for the social impact, 150 years ago Simon Berry – What if medicine can be delivered around the world to those that need …
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New Website on Academia EDU
Academia EDU has a new feature where they can publish a website based on your profile. Below, is how my website looks which only took a small amount of editing and the format was produced automatically. Unfortunately, the website has not been indexed on google yet but I will keep you updated if it does., …
Notes on Examples of Successful Entrepreneurial start-ups
Nike – Bill Bowerman and Phil Night founded Nike, originally received shoes from Onitsuka Tiger and sold them as a retailer. Even modifying the shoes for them, with athletic experience. Started to manufacture their own. Signing rookie athletes. Gymshark – Founded by Ben Francis. Software background from developing and coding. Developed Gymshark whilst at university …
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Quick Analysis of countries for Start-ups
Germany – 80 million big market, centre of Europe (400M), Berlin is the centre in Europe for start-ups – International flavour. Several regions with individual characteristics. German people are reluctant to take on new ideas and products. Bureaucracy and regulations which can cause troubles for new start-ups. Language always a difficulty. Require networks, intermediaries are …
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The Role of Entrepreneurial Ecosystems: Case Study — Avatech
Avatech was founded in Cambridge, Massachusetts. In the early stages of the company, its founders Brint, Sam and Jim benefited in many ways of the Cambridge ecosystem. Part A The founders benefited in many ways from the Cambridge ecosystem by meet-ups orientated around engineering, entrepreneurship and idea generation, the GFSA accelerator programme, and the product …
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Be Rich or King? Founder Case Study
Knut King was not keen on raising a lot of money, since he enjoyed running a company, and wanted to retain close control. Raaz Rich, on the other hand, was mostly interested in maximizing the financial returns. How might these founder preferences affect the choice among the three strategies? The founder preferences will have a …
Should the Oxford Foundry encourage undergraduates into entrepreneurship?
Entrepreneurship is of pivotal importance to the economy. It increases innovation, as entrepreneurs can create new industries, employing and benefiting millions whilst finding solutions to contemporary societal problems (Litan, 2008). It was Malthus who famously predicted that the world’s resources would not be able to sustain a growing population, but he did not take into …
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Should governments intervene to aid entrepreneurship?
According to the capitalist economic theory, markets should be left to regulate themselves and government regulation and intervention should be minimal as it alters the equilibrium between supply and demand either creating a surplus or a shortage. However, this does not take into consideration negative externalities of some business activities that can lead to pollution …
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