Flint Bishop

Entrepreneurs going bust because of too much resolve

Our region has no lack of great entrepreneurs and business ideas, but unfortunately too many of them are failing because they have too much resolve!  For years stories of business success have hinged upon entrepreneurs with a laser beam resolve to see their idea through come what may. Less than one in a hundred new businesses really succeed and the common view is that failure was due in large part to a lack of resolve.  The most recent research proves that nothing could be further from the truth!

Tim Latham founded Midlands firm "Unconsultancy" last year after a career in some of the biggest name consultancies and having started two entrepreneurial businesses himself. Tim said "Whilst determination is a great attribute, a laser beam resolve to implement the "brilliant idea" is actually the prime cause of business startup failures. My work these days is to help entrepreneurs through a process which encourages them to move quickly and in a structured way from plan A to B, C, D and find the plan that's going to work. Why were the founders of PayPal able to walk away with $1.5 billion? Because they fairly quickly got to plan G".

On Tuesday 22nd March Tim will be sharing the latest most rigorous tools to help East Midlands businesses discover their plan G and become the next PayPal. He is inviting entrepreneurs and business leaders to a short after work seminar at Leicester's Pheonix Digital Media Centre entitled "I'm sure our business plan predicted more customers!".

 

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Article published by Midlands Business News on 4 March, 2011

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Articles submitted by Unconsultancy:



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  • Entrepreneurs going bust because of too much resolve - click to read
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  • Business startup is like Suduko and Rubik's Cube rolled into one - click to read
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