As the cryptocurrency market is becoming more and more popular, many people are trying their luck by trading various cryptocurrencies. You also need to be aware that there is a huge profit to be made in that market. But with that said, it also brings certain risks. In order to start your trading adventure, you will need a crypto wallet.
In the last two years the digital payments landscape has experienced rapid evolution, which has largely been driven by the Covid-19 pandemic. Now that the UK economy begins to recover from the last two years, it’s evident that consumer expectations around the ease and choice of payment options have changed permanently, and it is essential that SMEs are aware of their demands.
Duolingo has taken the online world by storm with its bold, hilarious marketing on TikTok, racking up an impressive 4.3 million followers. However, it doesn’t stop there. It can teach tech startups a lot, from the importance of gamification to ensuring product engagement. Duolingo is a free language learning website and mobile app allowing users to practice vocabulary, grammar and pronunciation using spaced repletion for 39 different languages. Here, Startups Magazine hears from CEO of AdamFard UX Studio, Adam Fard, discussing the key takeaways from Duolingo for tech companies.
Apple propelled Tap to Pay to the forefront of payments and fintech news, with their new Tap to Pay feature effectively turning iPhones into payment terminals. In theory, this could be a gamechanger for small businesses in the UK, helping them avoid high fees and clunky tech. What’s more, it’s not just Apple who’s bringing out new solutions here. Plenty of new entrants to the market are making a play for the Android users who make up 45% of the market. Now, let’s look at whether this is a technology which will really take off.
Creating and presenting a pitch deck is always a daunting prospect. Especially when you’re new to the process. Just knowing what information to include can be a minefield, let alone how to present it. And while tech advancements have opened the way to multimedia presentations, the question remains whether the likes of GIFs, emojis, and animations are appropriate in a business setting. Can they be used to make your business stand out in the right way?
Dr Jeffery Timmons of Babson College in Massachusetts developed the Timmons Model of Entrepreneurship during his PhD thesis at Harvard University. This model has now become a well-known guide for entrepreneurs on how to increase their chances of success. Basically, he states that the success of a startup business hinges on the entrepreneur, the (market) opportunity and the resources.
In 1975, when the UK first made it illegal to discriminate in the workplace on the grounds of sex, it’s unlikely that many people in the workforce had a formal “mentor”. Yet so many of us can recall how the guidance of one person, be it a teacher or senior colleague, had a profoundly positive impact on the direction of our lives and careers.
It has been over two years since the pandemic led to a large section of the population working from home. However, with the easing of COVID restrictions, the anticipated rush to return to the office has not materialised. Although there has been a general inclination to return after prolonged periods of working in isolation, COVID’s lingering nature, its many variants, and general uncertainty about whether a return to the office is really needed, has led to wide-spread inertia.
Anthony Chadwick, considers himself to be a lucky person, as he is working in something he loves and has wanted since he was eight. As someone who is passionate about people, the planet and the animals that live there, it is the perfect fit for him. Being proud that his profession, veterinary, is at the forefront of developing a holistic one health approach to some of the big problems that face us, here Anthony talks about how this profession is tackling the waste problem and increasing biodiversity.
Salesforce’s Global Digital Skills Index has revealed that 76% of respondents do not feel prepared for a world that prioritises tech savviness and a digital-first mindset. This, coupled with The Great Resignation, is causing significant problems for tech companies globally. Resourcing is a challenge that isn’t going away.
Keeping the customers you already have will always be more profitable and more important than finding new ones. Being able to sustain a high customer retention rate should be the priority of every business. Content marketing strategies are a great way to do this. Construct your buyer journey to continue beyond the initial purchase and optimise your content to ensure customers trust your brand.
The ticketing market is something people of all ages and backgrounds have experience of. From a historic live music event to a local food festival, we have all had to go online and pre-book tickets. And most of us have at least once been left disappointed by having to go to a secondary market to pay an eye-wateringly high price just moments after the tickets first went on sale.
If you’re one of the half a million people in the UK that qualifies as a High Net Worth Individual (an annual salary of at least £100k, or net assets, excluding property and pensions, worth £250k), and are looking for more empowerment, impact, community and flexibility, now is the time to consider becoming an angel investor.
One of the key things that everyone struggles with is Time Management, whether they are C-Suite (I actually hate that phrase) or a junior executive. It’s also even more prevalent if you are the owner of a Start-up where you can end up being responsible for everything from toilet rolls to long-term business strategy. Even if you are the owner of a thriving SME with a team, you’ll still end up with a long, long ‘To Do’ list that never seems to get shorter, but only seems to grow longer. So what is the answer for effective Time Management?
As many UK health tech and fitness brands are moving through to the new financial year, you can hear the buzz of excitement from marketing communication professionals as finally, we are going back to face-to-face events. Nevertheless, content marketing remains a significant part of the PR and digital marketing strategy, and by the looks of it, its importance is only increasing.
When you first set out to launch a business, you’re prepared for the many beginner pitfalls. You might not know what they all are, or where they’ll all come from, but you know that it won’t be easy – primarily because everyone tells you so. However, something that’s talked about less often is the difficulties you’ll face once your business is fully established and you’re ready to start growing
Everyone, at some point in their career, has experienced feeling less-than-confident. Whether you were a nervous junior who felt like they had everything to prove, a new recruit meeting a highly-skilled team or an employee who has recently received a promotion – feeling like you don’t belong in a workplace or don’t deserve to be there is one of the most universal experiences going around.
So far in this ‘Back to Basics’ series we have looked at nine fundamental areas that entrepreneurs and would-be founders either consider or should be considering, both before and during their startup journey. These have covered: Should I Find a Co-founder?; Working with Advisors; To Scale or Not to Scale?; Pitch Decks and Business Plans; Think Green!; Raising Finance; Basic Truths; Cash Flow is Everything; and Second Thoughts.
Internationally-recognised digital product leader Luke Wroblewski said in his 2011 guidebook, Mobile First: "Mobile devices are our true personal computer: always with us, connected to the network, and filled with new capabilities for getting things done”. But have you considered favouring mobile devices over all other forms of technology? Here, Kristian Torode, Director and Co-Founder of business communications services provider Crystaline, explores the business benefits of going mobile-first.
Historically, larger institutions have held the keys to the investment kingdom. Banks, hedge funds and other financial heavyweights have long used exclusive access and knowledge to peer under the hoods of public companies, using their findings to inform their investment decisions. Meanwhile individual investors have been left with little power in the stock market, deprived of the access and insight required to compete and find an edge.
Social mobility affects us all. It covers all strata in society and does not just affect those typically seen as underprivileged. The family you were born into, where you come from, or the people you know shouldn’t be what shapes your life and prospects – but the reality is these things can still impact an individual’s progression in life and in the workplace as much as talent and skill.
The notion that the pandemic shifted the needle when it comes to applying technology to learning is overblown. Yes, we adapted, but did we really innovate? In many cases, we took the static, traditional learning process and shoehorned it into an online format. Technological advances progress at breakneck speed, and yet learning is an area that is not even close to making the most of what technology has to offer. Why is it, when we have the world’s most powerful knowledge resource (the internet) at our fingertips, that we continue to apply 200-year old ideas to how we learn?
The method used by employers to conduct the necessary ‘right to work’ checks will be altered once more, as was outlined within the latest guidelines recently unveiled by the Government. With the interim process that was introduced during the pandemic slated for imminent withdrawal, news regarding further revisions perhaps won’t come as much of a surprise for many employers. However, there remains an element of disquiet as to whether the new procedures could also have a costly impact on business owners at a time when soaring expenses are already hurting many industries.
The COVID-19 pandemic and the great resignation have caused us all to reconsider work, what we do and why, how we do it and where. It has put the onus on employers to deliver versatility on and offline, empowering employees with the technologies and working arrangements that will best produce efficiency, job retention, and satisfaction.
As a new startup business you have a number of things to consider in order to build and ensure success. One particularly crucial factor is selecting your tech stack. While on the surface it might seem like an easy decision, it can prove detrimental to a businesses’ success if not given careful consideration.
We talk a lot about how leaders need to make sure everyone in their team is happy and comfortable. It’s important to create a culture that promotes well-being and performance, but while leaders take care of the people they lead, who is taking care of them? Ollie Phillips, Founder of Optimist Performance, pens some thoughts on loneliness amongst leaders, and how to address it.
A lot has happened in the past two years that have dramatically altered the way we define the concept of ‘work’. It is clear that hybrid working isn’t going anywhere and there has been a mixed bag of feelings about this working style. We’ve gone from feeling isolated during lockdowns, to loving avoiding the commute, to thinking about how we can use this model to its full potential.
Data is the lifeblood of any business. Critical to organisations of all sizes and sectors, it powers growth, enabling business leaders to make the decisions that come from insight and evidence. But when businesses are in startup mode, protecting data can fall to the bottom of their “to-do” list. Here are five simple tips which will give you the peace of mind that comes with knowing your data is backed-up securely.
Anyone that has started their own business, and even those that have thought about it but not made the jump as yet, or indeed decided not to do so in the end, all recognise that it is a big decision. A very big decision. And as such, it is a decision that is often deliberated over for a long time before it is acted upon. Certainly, a lot of research and clear thinking needs to be done before committing.
The threat landscape is rapidly expanding and in 2022, there’s one thing at the forefront of every corporate agenda: cybersecurity. In a world of sophisticated cyberwarfare and rising geopolitical tensions, cybersecurity threats are evolving at an even faster pace, impacting entire businesses, crippling operations, and risking hard-won reputations.
You’re reading this because you care. Because you want to make a difference, but the harsh reality is that you care more about your day job, the bottom-line, fund-raise, your next hire. Because that pays the bills and keeps the roof over everyone’s head. Once that’s all done, then you can worry about being sustainable.
The best way to understand how an industry works is to get involved in whatever capacity you can. For example, if you want to open a shop, go and work in one. Doing this will give you an insight into what it takes to run a shop on a day-to-day basis. It will give you an understanding of what customers want, the potential pitfalls and the products that sell best. Working in a shop doesn’t mean you’ll make a success of your retail business, but it will give you a solid foundation to build on.
The first thing I ask my employees during our monthly 1:1's is 'how are you doing?'. Our sessions are 90% revolved around what that person is dealing with, their workload, their home life - are they struggling? If so, why? 80-90% of someone's output is based on their mindset, so if you don't know what is happening in your teams' minds you can't possibly expect to accurately judge their performance or potential. As its stress awareness month this April here are some honest thoughts on stress in the workplace.
A group of Teens, passionate about Martial Arts, want to go for an adventure. One evening, they explore some Karate classes in their local neighborhoods. But as they walk from one training centre to the other, they’re scared. Because they feel, they don’t have 'flexible bones' for a 180° stance. They won’t join these classes even though they’re very much interested in Martial Arts.
The last two years have been challenging for many businesses, with the pandemic disrupting their working practices and forcing them to adapt almost overnight. 2021 saw a continued uptake of new business technologies, with the ongoing rollout of 5G equipment, increased remote and hybrid working, and the move to more cloud-based systems.
While the ability to connect and speak with others is important in just about any part of business, the power of networking is especially essential when it comes to meeting with venture capitalists and new networks when you are trying to get your product or idea off the ground. There is a lot of competition, and you never know when someone will have a similar idea, so you need to make a great impression with potential investors right off the bat so you can get your business moving.
It’s an exciting time to be in unified comms technology. The world has never been so diverse in terms of how people connect with each other, and this has affected how we all live, work and play. We have never been so together, and yet in many ways we have never been so fragmented, nor needed to multi-task quite so effectively, and this needs a carefully managed response.
As the economy opens up in the aftermath of the pandemic, many SMEs will be looking to trusted accountants and lawyers to ensure they take appropriate steps to enhance their businesses as they start to expand. While many advisers prove themselves to be a very effective asset, poor advice from a trusted source could cause significant financial loss for SMEs, and can constitute professional negligence under the law. Some SMEs will be in the fortunate position of never needing to bring a claim against one of their professional advisors. But for those that do, that process may be an unfamiliar one.
There’s no doubt about it: today’s economy and sociopolitical outlook are impacting the ability of start-ups to fundraise. Early data during the pandemic showed a 50% drop in funding compared to the same weeks in 2019, and while there was significant uptick in venture capital in 2020, early stage companies still suffered.
While individual multinational corporations may have a disproportionately negative impact on the environment, the cumulative effect of small and medium-sized enterprises (SMEs) also presents both a huge problem and an excellent opportunity for climate action. According to a recent study by the British Business Bank, SMEs are responsible for nearly 50% of all business-driven greenhouse gas emissions in the UK largely, in part, due to the use of inefficient internal and supply chain processes. Despite this, 76% of SMEs are yet to implement a decarbonisation strategy and according to another recent study by O2 and the British Chamber of Commerce (BCC), only one in ten are even measuring their carbon emissions.