Posted by James King at 1:00 25/09/09
If you have a solution, we will get excited. Really excited.
As we have tried to make clear in previous articles, we like to hear that your business idea came from seeing a problem and trying to solve it.
You don’t necessarily need to have invented anything brand new, you may simply have seen a way to use something/ implement something in a new way. That sounds a bit convoluted, so I will illustrate it with food...
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Posted by Marco Geninazza at 1:00 22/09/09
We are proud to announce that, after a lot of hard work, our website www.findinvestgrow.com has finally launched.
After receiving some great feedback following the beta launch two months ago, and after some vital tweaks, we’re over the moon now that we can confidently say we’ve delivered a website that we’re proud of. With 1500 visitors in it’s first week without any promotional pushes or advertising at all, and with students and recent graduates using the website already, we’re excited at what the future holds.
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Posted by James King at 1:00 17/09/09
Recently a FIGurehead was chatting to me and he said he was excited to become a FIGurehead as he sees FIG helping him avoid listening to pitches that suffer from what he called “The Chinese Bicycle Problem”. The problem can be illustrated in the following mock pitch…
There are more than 450,000,000 bicycles in China. I’m going to make bike socks and sell them in China. They will cost 50p to make. I will sell them for £1. Even if I only sell to 10% of the market I can make £22,500,000.
Sorted.
I’ll be on my yacht next year!
Yeah? Good luck with that.
Let’s pick up on a few points…
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Posted by James King at 1:00 10/09/09
You can’t hide in a start-up
I want to start this article with one of the funniest and scarily accurate emails I’ve ever received.
I emailed a friend of mine, a successful guy who has a high-powered position at a bank, to get his opinion on the FIG website. He’s incredibly bright and enjoys his job. But, you will see why, I will be choosing to keep his identity private…
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Posted by James King at 1:00 06/09/09
Non Disclosure arguments
They are supposed to afford the signatories the piece of mind that their discussions are safe and that neither party will (/ can) use the other’s intellectual property without the owner’s consent. NDAs can be one-way or mutually applicable.
Or, so goes the theory.
It is obvious as to why inventors and business owners want to take NDAs with them everywhere they go and refuse to talk to anyone without their signed paperwork in order. They want to make sure no-one steals their idea or their strategic first mover advantage.
Fair play.
But an NDA is much like a patent...
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