Features
Depending on who you pay attention to, the current crisis is either a great time to be starting a business, or a pretty terrible one. There are growth opportunities out there, for sure, but there is also a huge amount of uncertainty with which to contend.
Leadership is required more than ever in this COVID-19 world and according to Gallup and their extensive surveying of the US workforce, a very specific type of Leadership is required in times of crisis.
Covid has dominated our lives for the last month. Business models that have existed for years have disappeared overnight. However, it’s not all doom and gloom for startups. Covid has also created a huge opportunity for us to serve people in new and surprising ways.
It is certainly a testing time for the UK’s startup ecosystem. No sooner had small businesses put in place contingency plans to get them through Brexit, when a new, and bigger, challenge arose in the form of the novel coronavirus, or COVID-19.
The process of obtaining a business loan can be challenging at the best of times. Normally, though, the loan is part of a larger restructuring or growth plan, whereas at present companies across the UK are requiring financial support just to survive.
The world has been turned upside down and shaken vigorously. Businesses are now scrambling to pick up the pieces and regain a handle on how they can push ahead during these difficult, uncertain times.
There is no part of society that has been unaffected by the COVID-19 pandemic. On 12th April, the UK sadly became the fifth country to record 10,000 deaths from the virus, with the Government expected to continue its tough lockdown measures for many weeks to come.
Growth mindset rests on the idea that essential things such as talent and achievements can be developed through hard work and practice. Also, the concept of growth mindset explores how passion and training can help a person develop skills that people don’t originally have.
It may surprise some, but there are many similarities between the best attributes of an immigrant and a tech entrepreneur. We speak to Manoj Ganapathy about his journey from humble beginnings in his native India, to CEO of business travel and expense management system, SalesTrip.
The current global situation has affected many different industries, businesses and individuals and it is safe to say we are only just getting into the real mix of it. A lot of people have been talking recently how this could change the world in some way forever. One area that is has affected in an interesting way in the insurance technology area. We decided to catch up with and ask a few questions to Christian Wiens, CEO and founder of Getsafe about the insurtech space, and the current situation for them.
Prior to the UK-wide lock-down, Startups Magazine attended a London-based panel discussion, hosted by business advice and consultancy company Invigorate, to address some of the barriers, misconceptions and challenges facing female founders and what the future has in store over the next ten years.
When we speak of gender equality, we like to think, in 2020, that we’ve come a long way from the patriarchal society of days gone by. Which is of course true, however, when it comes to business there are still battles to be won and barriers to break down.
Home learning? As governments worldwide announce school closures in response to the COVID-19 outbreak, it is important parents and teachers seek out and have access to fresh and pioneering new ways to keep young minds learning and stimulated in the months ahead.
There’s no shortage of fantastic startups in the UK but introducing their technologies and solutions into the public sector presents a challenge for both sides.
Cloud computing might be a relatively mature technology now, well-adopted by many types of SMEs, but changing your cloud strategy can still be daunting. Do the benefits of multi-cloud outweigh the costs? Is it worth the additional time spent managing multiple services, especially for a smaller business? I think that it is, and here’s why.
Jo White, Marketing Manager at customer relationship management software specialists Capsule, looks at the top sectors destined for startup success in 2020 and beyond. She explains how startups can leverage the latest technology to build lasting and meaningful personal relationships to deliver the excellence in customer experience needed to make it big.
At the start of a company’s life, building a business is all-consuming, especially for founders going it alone. For those with an entrepreneurial background, juggling the quest for investment, continuous product or service development and a huge amount of administration is taxing.
If you are considering beginning a new startup business, you will not be happy to hear that 90% of start-ups fail; according to the Startup Genome Project. However, if you understand the reasons why new companies fail to become successes, you can avoid falling into those pitfalls.
To remain competitive, every company across every industry is now compelled to rethink its established ways of doing business. Change is set to continue, the ride is only going to get faster and the differences more fundamental. The risks of not adapting are now outweighing the risks of staying the same.
Many companies collapse after expanding too quickly and spending more than the new business brought in. The sales figures can be high, but the profit may not be there. Or, an unexpectedly large order may put extra pressure on employees – if they deliver a positive experience, a business can be propelled into the next stage of growth.
