Insights & thoughts

The main reasons for business failure

January 24 | Recent UK reports show that at least 500,000 people start a business each year and of those over 50% fail.

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Lack of experience

December 23 | In a recent survey it transpired that 30% of businesses fail due to the lack of experience of management.

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Why do businesses fail…?

November 23 | In a recent survey it transpired that 46% of businesses fail due to the incompetence of management.

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Persistence

October 23 | Other studies on entrepreneurs have identified persistence as being critical to the behaviour of an entrepreneur.

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Luck

September 23 | So what is luck? Can it be measured? Or is it just damn hard work.

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Other intelligences

August 23 | Successful entrepreneurs will be people who others wish to migrate towards.

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The top ‘intelligences’ for entrepreneurs

July 23 | In 1993 Howard Gardner wrote – ‘in the heyday of psychometric and behaviourist eras, it was generally believed that intelligence was a single entity that was inherited.’

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Are entrepreneurs intelligent?

June 23 | The pass mark for any of these tests would be considered to be 50%. So is intelligence measure by such a low bar?

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What makes up the ingredients to be a successful Entrepreneur?

May 23 | Many observers would consider intelligence the most vital prerequisite for a successful entrepreneur. Not so.

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Patents

Apr 23 | Looking back into history entrepreneurs have generally come from the inventor class. Between 1830 and 1850 more patents were registered in the UK than in the previous two centuries put together.

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