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    Hey guys!

    Thought it would be nice to have a thread where we can discuss out experiences in entrepreneurship, talk about recent startups and possibly discuss future collaborations.

    Don't forget to join the group here: http://www.thestudentroom.co.uk/group.php?groupid=2326 !

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    Here is a helpful thread too: http://www.thestudentroom.co.uk/show....php?t=2272292

    (I know, I wrote it but I know it will be helpful to people!)
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    I've just finished reading Self Made Me by Geoff Burch and I'm starting to think that going it alone in some capacity would be for me. I've also had a fair few ideas over the last couple of months. I'm not quite keen enough on any of them yet to actually make anything of them. I'll have to look at things a little more. For the time being, I'm posting just to subscribe to the thread. Seems like a great idea.
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    (Original post by TheMagicRat)
    I've just finished reading Self Made Me by Geoff Burch and I'm starting to think that going it alone in some capacity would be for me. I've also had a fair few ideas over the last couple of months. I'm not quite keen enough on any of them yet to actually make anything of them. I'll have to look at things a little more. For the time being, I'm posting just to subscribe to the thread. Seems like a great idea.
    Ah, thats great.

    Can you perhaps write a short review / recommendation on it? When I get the time (possibly after exams), I was thinking of expanding some resources in this forum, such as information on accelerators, startup weekends and recommended reading too!

    Any of you read The Lean Startup? I have a copy of the book but haven't had the time to read it yet.
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    (Original post by Vulpes)
    Ah, thats great.

    Can you perhaps write a short review / recommendation on it? When I get the time (possibly after exams), I was thinking of expanding some resources in this forum, such as information on accelerators, startup weekends and recommended reading too!

    Any of you read The Lean Startup? I have a copy of the book but haven't had the time to read it yet.
    I know The Lean Startup, it's alright about implementing or executing immediately instead of trying to make things perfect. and you change your product if the customers want it changed. of course there's more but that's an overview.
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    (Original post by Vulpes)
    Ah, thats great.

    Can you perhaps write a short review / recommendation on it? When I get the time (possibly after exams), I was thinking of expanding some resources in this forum, such as information on accelerators, startup weekends and recommended reading too!

    Any of you read The Lean Startup? I have a copy of the book but haven't had the time to read it yet.
    Yes, I can have a go at that when I have the time.

    (Original post by non)
    I know The Lean Startup, it's alright about implementing or executing immediately instead of trying to make things perfect. and you change your product if the customers want it changed. of course there's more but that's an overview.
    Makes sense. I'll have to get my hands on a copy.
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    I think the most important thing in starting a business is having the confidence to do it. That's where my downfall is. Having the initial confidence to tell people about it, start the ball rolling. You can do as much preparation as you like but you won't get anywhere without confidence.

    And the only way you know if you have the confidence is when the time comes- when you've done everything you possible can to prepare and the next step is to send out the leaflets, tell your family/ friends or spend money on it. I thought I had the confidence to do it, but when I came to that point I worried about what people might think of it, what if it fails etc...

    But I still think you can do anything if you put your mind to it, you just have to push yourself through the tough and challenging parts.
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    (Original post by non)
    I know The Lean Startup, it's alright about implementing or executing immediately instead of trying to make things perfect. and you change your product if the customers want it changed. of course there's more but that's an overview.
    Sounds like I should get my hands on that book. It's so easy to get carried away and just keep changing things till it looks good to you, but you'll never know if it's any good until it goes out to your customers.
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    (Original post by Runninground)
    I think the most important thing in starting a business is having the confidence to do it. That's where my downfall is. Having the initial confidence to tell people about it, start the ball rolling. You can do as much preparation as you like but you won't get anywhere without confidence.

    And the only way you know if you have the confidence is when the time comes- when you've done everything you possible can to prepare and the next step is to send out the leaflets, tell your family/ friends or spend money on it. I thought I had the confidence to do it, but when I came to that point I worried about what people might think of it, what if it fails etc...

    But I still think you can do anything if you put your mind to it, you just have to push yourself through the tough and challenging parts.
    What kind of business are you talking about? And what is your specialty? Are you the marketeer, developer, designer?

    I agree that taking the first step and getting the confidence to tell people about your idea isn't easy. I always get this slight fear that my ideas will get scoffed at. But its by talking to as many people as possible, that you can reshape your idea, improve your pitch and meet possible partners in the future.

    I think an important thing about entrepreneurship is building a strong and well-formed team, which is the area I'm lacking in at the moment. You can't manage a business by yourself, no matter how much effort you put into it, and you have to accept that there will be other people who can do the job better than you.
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    (Original post by Vulpes)
    What kind of business are you talking about? And what is your specialty? Are you the marketeer, developer, designer?

    I agree that taking the first step and getting the confidence to tell people about your idea isn't easy. I always get this slight fear that my ideas will get scoffed at. But its by talking to as many people as possible, that you can reshape your idea, improve your pitch and meet possible partners in the future.

    I think an important thing about entrepreneurship is building a strong and well-formed team, which is the area I'm lacking in at the moment. You can't manage a business by yourself, no matter how much effort you put into it, and you have to accept that there will be other people who can do the job better than you.
    I don't have a speciality yet. I was just looking at a small business to get some experience.

    I've now go onto an accountant training scheme, so after that I will be looking at setting up my own practice or something.

    I agree about the team building. I've always thought when I get a business going, I will hire in the following order:
    - Salesman (I'm bad at selling)
    - Labour people (People who will do the repetitive work)
    - Customer Service
    - Receptionist/ Admin staff.

    Then it would be the more specialist stuff, like marketing.

    It's really just about admitting what you're bad at and hiring someone to do it. I reckon the salesperson is best to hire first because they will bring in the custom, so you don't have to worry so much about getting business.
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    (Original post by Runninground)
    I think the most important thing in starting a business is having the confidence to do it. That's where my downfall is. Having the initial confidence to tell people about it, start the ball rolling. You can do as much preparation as you like but you won't get anywhere without confidence.

    And the only way you know if you have the confidence is when the time comes- when you've done everything you possible can to prepare and the next step is to send out the leaflets, tell your family/ friends or spend money on it. I thought I had the confidence to do it, but when I came to that point I worried about what people might think of it, what if it fails etc...

    But I still think you can do anything if you put your mind to it, you just have to push yourself through the tough and challenging parts.
    I completely agree with this.

    (Original post by Vulpes)
    You can't manage a business by yourself, no matter how much effort you put into it, and you have to accept that there will be other people who can do the job better than you.
    That is something I'd definitely have to get to grips with if I ever went down this route. Even though I know deep down there are some things I can't do, I fear I'd probably be stupid enough to try and do far too much on my own.
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    Involved in several enterprises at the moment alongside my full time crap paying job with a 2 hour daily commute. As you can probably guess; I don't have any free time.
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    (Original post by commandant)
    Involved in several enterprises at the moment alongside my full time crap paying job with a 2 hour daily commute. As you can probably guess; I don't have any free time.
    Out of interest, what hours is your full time job?

    I have a job lined up and I start soon. I hope i'll still have some time to start a small business, if I get the confidence
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    (Original post by Runninground)
    Out of interest, what hours is your full time job?

    I have a job lined up and I start soon. I hope i'll still have some time to start a small business, if I get the confidence
    It's a 'flexi-time' job so I can arrive and leave whenever I want so long as I get the hours in. Currently I leave house at 7:20, arrive at around 8:10. Finish work at around 4:45 get home around 5:45
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    (Original post by commandant)
    It's a 'flexi-time' job so I can arrive and leave whenever I want so long as I get the hours in. Currently I leave house at 7:20, arrive at around 8:10. Finish work at around 4:45 get home around 5:45
    Woah Do you just work on the enterprises at the weekend then?
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    Good idea! I've had a go at a few things in the past, but nothing I've been passionate enough to stick with and really push.
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    (Original post by Runninground)
    Woah Do you just work on the enterprises at the weekend then?
    morning, lunch break, nights, and weekends.

    I read an interesting article today about successful people and sleep - the common theme is they don't do much of the sleeping part! Trump - 3 hours, Twitter guy, 4 hours, list goes on

    It will certainly free up time!
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    (Original post by commandant)
    morning, lunch break, nights, and weekends.

    I read an interesting article today about successful people and sleep - the common theme is they don't do much of the sleeping part! Trump - 3 hours, Twitter guy, 4 hours, list goes on

    It will certainly free up time!
    Fair play to them. I wouldn't be able to do that. I can cope with 5-6 hours of sleep. I wonder if you can condition yourself to need less sleep. Either way, it can't be healthy in the long run to have 3 hours sleep. Maybe this explains why Trump is such a nutter. He's not getting enough sleep.
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    (Original post by commandant)
    Involved in several enterprises at the moment alongside my full time crap paying job with a 2 hour daily commute. As you can probably guess; I don't have any free time.
    Oh nice! What kind of enterprise are you interested in? Tech? Clothing?

    (Original post by commandant)
    morning, lunch break, nights, and weekends.

    I read an interesting article today about successful people and sleep - the common theme is they don't do much of the sleeping part! Trump - 3 hours, Twitter guy, 4 hours, list goes on

    It will certainly free up time!
    Would you happen to have a link to that article?
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    (Original post by Vulpes)
    Oh nice! What kind of enterprise are you interested in? Tech? Clothing?
    Main is a website, also involved in an online forum and social media.


    Would you happen to have a link to that article?
    It was on a BBC article yesterday about Thatcher and sleep, it then linked to an article on the business insider which discussed powerful individuals and sleep


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