Answer Upon
#1 in Business Subscribe Email Print

You are here: Home > Business > Entrepreneurialism > Geoff Alexander Interview

Tags

  • years
  • efficient
  • themselves
  • achievementsi guess
  • maximum output
  • minimal results

  • Links

  • Paralegal Tips
  • What is the Law of Attraction and How Does It Work?
  • Penis Enlargement - Select The One, Which Suits You Best!
  • Answer Upon - Geoff Alexander Interview

    Data Collection Tools In Six Sigma
    You can not imagine being able to organize the enormous amount of data and manipulate them as easily as you would be able to do without data collection tools. Then again, the task is not easily done unless you have selected the right kind of tool appropriate for the project. You need these data collection tools at all steps where you generate numerical data.Six Sigma Data Collection ToolsThe data collection tools are mostly in excel format and come as Macro Plug Ins, barring a few exceptions of stand-alone applications.Initial Raw Data Collection Tools1. Operational Definitions Sheet- This sheet defines the metrics so that data collection across the board is consistent.2. Voice Of The Customer Data Collection Tool- Collect data from internal database, surveys, interviews, listening posts and observations at the point of sales and use and organize them systematically3. Worksheet For Customer Segmentation- Worksheet for segmentation is essential to identify and concentrate on the demands of main and sub-segments which helps get down to finer details4. Check Sheets- Very handy in collecting smaller sample data of different attributes or counts for use in defining problem areas or substantiating the outcomes.5. Data sheets- These plain and simple datasheets are used to gather small amounts of measured or variable data to for the purpose of defining a problem or substantiating the results.Data Assessment ToolsData assessment tools are not decision-making tools such as the Ishikawa Fishbone Chart or the Thought Map Relation Diagram.1. Customer Requirement Translation And Analysis Tool- Analysis of customer requirement is done to translate to an understandable and an unambiguous language. The translated and interpreted customer data converts into measurable functional requirements thus strengthening the operating team's capability to deliver products and services that customers will immediately
    ver makes me feel proud, with I Like Music (www.ilikemusic.com) it’s taken us four years, but we are now at a point where some of the larger well-known brands and companies who’ve spent pots of cash but with minimal results are now taking notice of us and can see our strengths. We now have four years worth of great content, contacts and traffic and are ready to take the site to the next level, but we’ve not forked out on flash offices or streams of staff. And with Web Copywriter it’s great that the original business 'WebCritique' has grown organically into this niche area of writing for the web. The fact that all businesses are still going makes me feel proud.

    DS: How did you actually fund your business to get it off the ground?

    CR: WebCritique was launched with just a small amount of my own savings, plus a ?1500 bank loan. My personal loan bank refused me for a business loan, so I set up a business account elsewhere. I also sold my car. Since then I’ve financed the business on cash flow, plus overdrafts and occasional loans, which is also the case for I Like Music, which is entirely self-funded. WebCopywriter cost nothing as the design was done in house.

    I wish there was more cash readily available in the form of grants to small businesses in all areas: both affluent and under-privileged areas.

    DS: What attributes do you think make a successful entrepreneur?

    CR: That’s a tough question because there are so many variables that go toward making a business actually work; from personalities and people to the viability of an idea, state of t

    Get Help to Update Your Resume
    Even if you are not looking for a new job it is a good idea to keep your resume updated because you never know when the right opportunity will come up. By getting some help writing your resume, you can dramatically improve the quality of your resume. It doesn’t matter if it is a friend or a professional service that helps you write your resume because the advantages of having someone take a glance and quick pens to your resume on your behalf are amazing. It is particularly difficult for most people to really evaluate themselves fairly and accurately, which is why another set of eyeballs on your finished product can often set you straight.Resume writing is an area of deep expertise for those people that choose to do it. Many different services will specifically hire people and professionals to assist you in the creation of a stellar resume for you. These services are often writers and editors who have studied the art of writing a resume and who know what companies and universities are looking for in a resume. Some services even hire Ivy League graduates from Yale and Harvard just so that they can give resume writing help to people looking for assistance.If you plan to use a service for getting help writing a resume, it is important to know who is helping you. Be sure to check their credentials and background so that you can make sure you're getting resume writing help from someone who knows what he or she is talking about. Most of these services charge a fee, and it is obviously stupid for you to pay money to someone who doesn't know what he's talking about.No matter whether or not you hire someone to give you help writing your resume, you are going to want to be sure to share it with someone before you actually submit it to companies. It is very easy to overlook errors on a resume, particularly because you are likely to stare at it and edit it many, many times before you actually think of making it a submission. It is even possible for you to
    An impending redundancy from his well paid corporate job in the banking industry left Geoff Alexander pondering his career direction. Rather than apply for other corporate roles, he used the experience as a catylst to follow his entrepreneurial aspirations.

    In October 2004 he established his own marketing company. Out of that he spawned the idea for a separate online company called BeautyandHealth.com...

    The Interview.

    DS: What inspired you to quit your well paid corporate job and set up the Beauty and Health Ltd?

    GA: Well, I had been growing restless for some time, and had been evaluating various opportunities outside my ‘day job’; when notified that my position was going to become redundant, this seemed like the perfect time to ‘go it alone’. Beauty and Health was one of a several ideas that were brought to fruition as a result.

    DS: Did you have any help setting up Beauty and Health Ltd or were you going it alone?

    GA: I sought advice from numerous areas and read extensively. I still own 100% of the shares.

    DS: What was the biggest challenge you faced in bringing your idea to fruition? How was it overcome?

    GA: One of the biggest challenges was the steep learning curve for the everyday practicalities for setting up and running a business, and having to re-learn and apply marketing techniques to the online world.

    DS: What makes you most proud about your achievements with Beauty and Health Ltd?

    GA: I think the fact that, from scratch, I learnt to build, market, and run an online business.

    DS: How did you actually fund your business to get it off the ground?

    GA: I set up the company using savings and redundancy compensation.

    DS: What attributes make a successful entrepreneur?

    GA: A dream or goal, desire, self-belief, tenacity, ability to learn, adaptability, resourcefulness…. to name a few!

    DS: What do you believe are the necessary elements for a business venture to succeed?

    GA: Timing is important, but you need to have USP’s (Unique Selling Points) and a hungry market. Then you need have to have sufficient resources, or else find out how you can access the specific resources that you need to make it work.

    DS: How essential do you see a University education in acheiving success as an entrepreneur?

    GA: I would say that it is not essential to have a University education to be an entrepreneur; you only have to look at the Rich List or the number of dropouts that have made fortunes! However, having completed an MBA at one of the top schools in Europe, I would have to say that it has given me essential knowledge, confidence and very good contacts.

    DS: What are the three most important lessons you have learned about business and entrepreneurship?

    GA: There are many lessons that I have learned since taking the plunge, so to name only three is difficult – but amongst the most important are definitely: 1) you HAVE to have a deep belief in yourself and be persistent…if something doesn’t work out as planned, modify your approach; 2) Be prepared for the unexpected! Often success is determined by the amount of uncertainty you are able to cope with; 3) be flexible in your approach to dealing with problems as they arise – the higher your goals, the more obstacles you will need to overcome.

    DS: What advice would you give to an aspiring entrepreneur?

    GA: You really have to believe in yourself – even when those around you doubt you or knock your ideas. Then you need to be persistent, and willing to learn from your mistakes, and more importantly, from others’ mistakes.

    DS: What's the number one book you would you recommend to aspiring entrepreneurs?

    GA: I have read many books that have inspired me, but for an all-encapsulating book I would recommend would be ‘Think and Grow Rich’ by Napolean Hill.

    DS: What memorable mistakes, if any, have you made in business? What did you learn from them and how can they be avoided?

    GA: As an entrepreneur, it is easy to think that you have to do everything yourself – however there will always be someone more specialised in each discipline you will need to address as a business owner. The trick is to discover how to obtain the maximum output for minimum input, or to become increasingly efficient as time goes on.

    DS: What are the best and worst things about being an entrepreneur?

    GA: The best thing about being an entrepreneur is the immense sense of freedom that you have – the downside to this of course is that whether you succeed or fail is largely down to you!

    DS: Are there any other thoughts, insights, or advice for aspiring entrepreneurs that you’d like to add?

    GA: Though it sounds like a clich?, I would say that you have to have a clear idea of your short, medium and ultimately ‘long term’ goals – this will give you direction and focus when the inevitable curveballs are thrown your way! ou find reliable and impressive suppliers you can trust, from a great web developer to a great business card supplier, you learn to stick with them.

    DS: What makes you most proud of your entrepreneurial achievements ?

    CR: The book does because it’s something tangible that I can pick up and say ‘Yes! I did this!’

    I must admit, I’m often so busy that I only rarely stop to ‘smell the roses’ and appreciate what I’m achieving. This is a lesson in itself that I have to learn to do more and is certainly something that I suggest others do in my book. People (myself included) should list their achievements more frequently. Some books advise to do this on a daily basis, writing down mini-achievements.

    I guess the main milestones that make me feel proud of my achievements are: The friendships and contacts I’ve gained since embarking on my entrepreneurial journey, including a few ‘celebrities’ such as Anita Roddick and Wendy James, among others, plus a whole host of people who are part of the same online networks as me (such as ecademy.com and Digital Eve) who inspire me and make me feel proud. The people I’ve managed to interview both in the business world and music world makes me feel proud. Learning is so important in life, and being able to learn from those who are ‘living the dream’ is important.

    Knowing that we’re still doing it and are stronger than ever makes me feel proud, with I Like Music (www.ilikemusic.com) it’s taken us four years, but we are now at a point where some of the larger well-known brands and companies who’ve spent pots of cash but with minimal results are now taking notice of us and can see our strengths. We now have four years worth of great content, contacts and traffic and are ready to take the site to the next level, but we’ve not forked out on flash offices or streams of staff. And with Web Copywriter it’s great that the original business 'WebCritique' has grown organically into this niche area of writing for the web. The fact that all businesses are still going makes me feel proud.

    DS: How did you actually fund your business to get it off the ground?

    CR: WebCritique was launched with just a small amount of my own savings, plus a ?1500 bank loan. My personal loan bank refused me for a business loan, so I set up a business account elsewhere. I also sold my car. Since then I’ve financed the business on cash flow, plus overdrafts and occasional loans, which is also the case for I Like Music, which is entirely self-funded. WebCopywriter cost nothing as the design was done in house.

    I wish there was more cash readily available in the form of grants to small businesses in all areas: both affluent and under-privileged areas.

    DS: What attributes do you think make a successful entrepreneur?

    CR: That’s a tough question because there are so many variables that go toward making a business actually work; from personalities and people to the viability of an idea, state of th

    Job Interviews Are Predictable - So be Prepared!
    For the most part, 80% of what goes on in an interview is routine and predictable. There are hundreds of books out there on what to ask and what you'll be asked. In addition to the standard questions, you need to decide what questions you are most afraid the interviewer will ask you so you can prepare and practice answers to those questions now.A common interview agenda that looks something like this:1. Introduction2. Walking to the interview room3. Small talk4. The interviewer may give you a brief description of the position/overview of the company (depends on the interviewer)5. The interview then asks:* Tell me about yourself * Job highlights/work experience * Achievements * Strengths and weaknesses * Maybe education * Maybe outside interests - community service6. The interviewer may ask you if you have any questions7. The interviewer should let you know a little more about where they are in the interviewing process and advise you of what their next steps are.Are you the best candidate? Companies and hiring managers want to make sure you are the best candidate. Because of that there are certain things that they want from any candidate they hire. These are the things you need to be sensitive too and be prepared to emphasize. I have listed below just a few of the things they look for.Companies want:* Someone who will stay for a while * Someone who can and wants to do the job * A person who will compliment or lead the team * Fast learner * Appropriate skills for the job * Can advance if required * A good "soldier" * Someone who will make the hiring manager and hence the company look good * Someone who can and will help advance the company goals and objectives.Hiring Managers want:* Skills, abilities * Personality, integrity, character * What is NOT written on your resume? * Communicat
    actually fund your business to get it off the ground?

    GA: I set up the company using savings and redundancy compensation.

    DS: What attributes make a successful entrepreneur?

    GA: A dream or goal, desire, self-belief, tenacity, ability to learn, adaptability, resourcefulness…. to name a few!

    DS: What do you believe are the necessary elements for a business venture to succeed?

    GA: Timing is important, but you need to have USP’s (Unique Selling Points) and a hungry market. Then you need have to have sufficient resources, or else find out how you can access the specific resources that you need to make it work.

    DS: How essential do you see a University education in acheiving success as an entrepreneur?

    GA: I would say that it is not essential to have a University education to be an entrepreneur; you only have to look at the Rich List or the number of dropouts that have made fortunes! However, having completed an MBA at one of the top schools in Europe, I would have to say that it has given me essential knowledge, confidence and very good contacts.

    DS: What are the three most important lessons you have learned about business and entrepreneurship?

    GA: There are many lessons that I have learned since taking the plunge, so to name only three is difficult – but amongst the most important are definitely: 1) you HAVE to have a deep belief in yourself and be persistent…if something doesn’t work out as planned, modify your approach; 2) Be prepared for the unexpected! Often success is determined by the amount of uncertainty you are able to cope with; 3) be flexible in your approach to dealing with problems as they arise – the higher your goals, the more obstacles you will need to overcome.

    DS: What advice would you give to an aspiring entrepreneur?

    GA: You really have to believe in yourself – even when those around you doubt you or knock your ideas. Then you need to be persistent, and willing to learn from your mistakes, and more importantly, from others’ mistakes.

    DS: What's the number one book you would you recommend to aspiring entrepreneurs?

    GA: I have read many books that have inspired me, but for an all-encapsulating book I would recommend would be ‘Think and Grow Rich’ by Napolean Hill.

    DS: What memorable mistakes, if any, have you made in business? What did you learn from them and how can they be avoided?

    GA: As an entrepreneur, it is easy to think that you have to do everything yourself – however there will always be someone more specialised in each discipline you will need to address as a business owner. The trick is to discover how to obtain the maximum output for minimum input, or to become increasingly efficient as time goes on.

    DS: What are the best and worst things about being an entrepreneur?

    GA: The best thing about being an entrepreneur is the immense sense of freedom that you have – the downside to this of course is that whether you succeed or fail is largely down to you!

    DS: Are there any other thoughts, insights, or advice for aspiring entrepreneurs that you’d like to add?

    GA: Though it sounds like a clich?, I would say that you have to have a clear idea of your short, medium and ultimately ‘long term’ goals – this will give you direction and focus when the inevitable curveballs are thrown your way! ou find reliable and impressive suppliers you can trust, from a great web developer to a great business card supplier, you learn to stick with them.

    DS: What makes you most proud of your entrepreneurial achievements ?

    CR: The book does because it’s something tangible that I can pick up and say ‘Yes! I did this!’

    I must admit, I’m often so busy that I only rarely stop to ‘smell the roses’ and appreciate what I’m achieving. This is a lesson in itself that I have to learn to do more and is certainly something that I suggest others do in my book. People (myself included) should list their achievements more frequently. Some books advise to do this on a daily basis, writing down mini-achievements.

    I guess the main milestones that make me feel proud of my achievements are: The friendships and contacts I’ve gained since embarking on my entrepreneurial journey, including a few ‘celebrities’ such as Anita Roddick and Wendy James, among others, plus a whole host of people who are part of the same online networks as me (such as ecademy.com and Digital Eve) who inspire me and make me feel proud. The people I’ve managed to interview both in the business world and music world makes me feel proud. Learning is so important in life, and being able to learn from those who are ‘living the dream’ is important.

    Knowing that we’re still doing it and are stronger than ever makes me feel proud, with I Like Music (www.ilikemusic.com) it’s taken us four years, but we are now at a point where some of the larger well-known brands and companies who’ve spent pots of cash but with minimal results are now taking notice of us and can see our strengths. We now have four years worth of great content, contacts and traffic and are ready to take the site to the next level, but we’ve not forked out on flash offices or streams of staff. And with Web Copywriter it’s great that the original business 'WebCritique' has grown organically into this niche area of writing for the web. The fact that all businesses are still going makes me feel proud.

    DS: How did you actually fund your business to get it off the ground?

    CR: WebCritique was launched with just a small amount of my own savings, plus a ?1500 bank loan. My personal loan bank refused me for a business loan, so I set up a business account elsewhere. I also sold my car. Since then I’ve financed the business on cash flow, plus overdrafts and occasional loans, which is also the case for I Like Music, which is entirely self-funded. WebCopywriter cost nothing as the design was done in house.

    I wish there was more cash readily available in the form of grants to small businesses in all areas: both affluent and under-privileged areas.

    DS: What attributes do you think make a successful entrepreneur?

    CR: That’s a tough question because there are so many variables that go toward making a business actually work; from personalities and people to the viability of an idea, state of t

    The Five Words That Will Kill Your Service Business
    “Is my vehicle ready, yet?” may seem like pretty innocuous words. However, these are the five little words that could hurt your dealership’s bottom-line. Anytime your customer initiates a call AFTER the promised delivery time, you have damaged your image in your customer’s heart and mind. Granted, if our answer is “Yes, Mr. Jones, I was just about to give you a call. We have completed all the work on your vehicle. You can come and pick it up at your convenience,” it may stem the bleeding. But if we say, “Oh, let me check. No, we haven’t gotten to your car. Boy, have we been swamped today,” you are adding insult to injury.Think about it from your customers’ perspective. They are busy people who are already inconvenienced by the loss of their vehicle. If they call you, you have compounded that inconvenience. They are worried about when they can get their vehicle back, AND they had to take time from their day to find out whether you have completed the work. One of the reasons customers take their vehicles to an independent service center, instead of a dealership service department, is that they can be in control of when their vehicle will be ready. For example driving up to a quick lube center (“in and out in 10 minutes”), the customer feels in control. If there are too many cars in line, they can choose to drive away. But if the place is empty, they know that they can drive in and out in a few minutes. Time is an important factor for most clients. Remember, in most of our customers’ minds…time IS money. So, you are COSTING your customers. Your lack of consideration has just added more cost to the bill. You probably know that for customers to continue doing business with you, value has to exceed price. By respecting your customers’ expectations regarding time, you are taking a step toward building value for them in doing business with your dealership.Examine how much consideration you demonstrate for your customers’ time and convenien
    are able to cope with; 3) be flexible in your approach to dealing with problems as they arise – the higher your goals, the more obstacles you will need to overcome.

    DS: What advice would you give to an aspiring entrepreneur?

    GA: You really have to believe in yourself – even when those around you doubt you or knock your ideas. Then you need to be persistent, and willing to learn from your mistakes, and more importantly, from others’ mistakes.

    DS: What's the number one book you would you recommend to aspiring entrepreneurs?

    GA: I have read many books that have inspired me, but for an all-encapsulating book I would recommend would be ‘Think and Grow Rich’ by Napolean Hill.

    DS: What memorable mistakes, if any, have you made in business? What did you learn from them and how can they be avoided?

    GA: As an entrepreneur, it is easy to think that you have to do everything yourself – however there will always be someone more specialised in each discipline you will need to address as a business owner. The trick is to discover how to obtain the maximum output for minimum input, or to become increasingly efficient as time goes on.

    DS: What are the best and worst things about being an entrepreneur?

    GA: The best thing about being an entrepreneur is the immense sense of freedom that you have – the downside to this of course is that whether you succeed or fail is largely down to you!

    DS: Are there any other thoughts, insights, or advice for aspiring entrepreneurs that you’d like to add?

    GA: Though it sounds like a clich?, I would say that you have to have a clear idea of your short, medium and ultimately ‘long term’ goals – this will give you direction and focus when the inevitable curveballs are thrown your way! ou find reliable and impressive suppliers you can trust, from a great web developer to a great business card supplier, you learn to stick with them.

    DS: What makes you most proud of your entrepreneurial achievements ?

    CR: The book does because it’s something tangible that I can pick up and say ‘Yes! I did this!’

    I must admit, I’m often so busy that I only rarely stop to ‘smell the roses’ and appreciate what I’m achieving. This is a lesson in itself that I have to learn to do more and is certainly something that I suggest others do in my book. People (myself included) should list their achievements more frequently. Some books advise to do this on a daily basis, writing down mini-achievements.

    I guess the main milestones that make me feel proud of my achievements are: The friendships and contacts I’ve gained since embarking on my entrepreneurial journey, including a few ‘celebrities’ such as Anita Roddick and Wendy James, among others, plus a whole host of people who are part of the same online networks as me (such as ecademy.com and Digital Eve) who inspire me and make me feel proud. The people I’ve managed to interview both in the business world and music world makes me feel proud. Learning is so important in life, and being able to learn from those who are ‘living the dream’ is important.

    Knowing that we’re still doing it and are stronger than ever makes me feel proud, with I Like Music (www.ilikemusic.com) it’s taken us four years, but we are now at a point where some of the larger well-known brands and companies who’ve spent pots of cash but with minimal results are now taking notice of us and can see our strengths. We now have four years worth of great content, contacts and traffic and are ready to take the site to the next level, but we’ve not forked out on flash offices or streams of staff. And with Web Copywriter it’s great that the original business 'WebCritique' has grown organically into this niche area of writing for the web. The fact that all businesses are still going makes me feel proud.

    DS: How did you actually fund your business to get it off the ground?

    CR: WebCritique was launched with just a small amount of my own savings, plus a ?1500 bank loan. My personal loan bank refused me for a business loan, so I set up a business account elsewhere. I also sold my car. Since then I’ve financed the business on cash flow, plus overdrafts and occasional loans, which is also the case for I Like Music, which is entirely self-funded. WebCopywriter cost nothing as the design was done in house.

    I wish there was more cash readily available in the form of grants to small businesses in all areas: both affluent and under-privileged areas.

    DS: What attributes do you think make a successful entrepreneur?

    CR: That’s a tough question because there are so many variables that go toward making a business actually work; from personalities and people to the viability of an idea, state of t

    Five Defining Stages Of Business: Your Step by Step Guide to Success
    Many companies start out as a simple idea. If they do reach their full potential, they will have passed through five very distinct business stages. These five stages are based upon critical points, which a business owner or manager must successfully handle to remain on a growth path – or face a decline in profits.As an unwritten rule, if a business is growing according to plan, each of these stages are about three years in duration. Generally, the more forward planning or strategic thinking you do, the less time it will take to travel through each phase. An exception is the start-up or ideas stage that is usually around the six to nine month mark.It is not difficult to tell which stage a business is in. Significantly, the end of each of these five stages marks a danger period, which the business must battle through in order to reach the next, most challenging level.Stage 1. The Innovative Idea Stage This level is alive when the owner or manager has a quite high scale of motivation and optimism. The idea has been conceived and developed, and research undertaken to establish whether it can be transformed into a successful enterprise.This is one of the most exciting times when getting into a business venture. Coming up with ideas for products and services to sell, nurturing those ideas until they become a reality, and then turning that reality into a viable, ongoing business is the most enjoyable experience for any entrepreneur. Yet, once the business plan has been produced and there is full commitment to making the business happen, it is time to get to work and move to the second stage.Stage 2. The Entrepreneurial Stage The enterprise is up and running and establishing a name for itself, thanks to the enthusiasm, leadership and creativity of its executives. The owner or manager is focusing outward in order to market the business and generate new customers. A company is characterized by long working hours and the sharing o
    ould say that you have to have a clear idea of your short, medium and ultimately ‘long term’ goals – this will give you direction and focus when the inevitable curveballs are thrown your way! ou find reliable and impressive suppliers you can trust, from a great web developer to a great business card supplier, you learn to stick with them.

    DS: What makes you most proud of your entrepreneurial achievements ?

    CR: The book does because it’s something tangible that I can pick up and say ‘Yes! I did this!’

    I must admit, I’m often so busy that I only rarely stop to ‘smell the roses’ and appreciate what I’m achieving. This is a lesson in itself that I have to learn to do more and is certainly something that I suggest others do in my book. People (myself included) should list their achievements more frequently. Some books advise to do this on a daily basis, writing down mini-achievements.

    I guess the main milestones that make me feel proud of my achievements are: The friendships and contacts I’ve gained since embarking on my entrepreneurial journey, including a few ‘celebrities’ such as Anita Roddick and Wendy James, among others, plus a whole host of people who are part of the same online networks as me (such as ecademy.com and Digital Eve) who inspire me and make me feel proud. The people I’ve managed to interview both in the business world and music world makes me feel proud. Learning is so important in life, and being able to learn from those who are ‘living the dream’ is important.

    Knowing that we’re still doing it and are stronger than ever makes me feel proud, with I Like Music (www.ilikemusic.com) it’s taken us four years, but we are now at a point where some of the larger well-known brands and companies who’ve spent pots of cash but with minimal results are now taking notice of us and can see our strengths. We now have four years worth of great content, contacts and traffic and are ready to take the site to the next level, but we’ve not forked out on flash offices or streams of staff. And with Web Copywriter it’s great that the original business 'WebCritique' has grown organically into this niche area of writing for the web. The fact that all businesses are still going makes me feel proud.

    DS: How did you actually fund your business to get it off the ground?

    CR: WebCritique was launched with just a small amount of my own savings, plus a ?1500 bank loan. My personal loan bank refused me for a business loan, so I set up a business account elsewhere. I also sold my car. Since then I’ve financed the business on cash flow, plus overdrafts and occasional loans, which is also the case for I Like Music, which is entirely self-funded. WebCopywriter cost nothing as the design was done in house.

    I wish there was more cash readily available in the form of grants to small businesses in all areas: both affluent and under-privileged areas.

    DS: What attributes do you think make a successful entrepreneur?

    CR: That’s a tough question because there are so many variables that go toward making a business actually work; from personalities and people to the viability of an idea, state of t

    Success Stories—Reliving the Past Helps You Build the Future
    One of the exercises that I have many clients do is list out all the successes they’ve had in life. I ask them to start with early childhood and list everything they can remember being successful at. One of my clients recently gave the assignment to his girlfriend. She asked me afterwards what the point was. She hadn’t found it very useful.What I told her is that that I’ve found that this exercise serves two important services. First, it’s a self esteem booster. Most people don’t realize how many successes they’ve had in their lives until they write them down. Some express surprise and sometimes some modesty when sharing their successes. I’d recommend this exercise just for this boost alone, but the second reason for doing this is even more valuable. Success leaves clues behind.When I ask a client to list their successes, it’s usually because they are stuck in some area of their business. They’ve tried several strategies to get unstuck and nothing has worked. When we take some of their major successes and analyze them, we find patterns. I ask them how they accomplished major tasks. What methodology did they use?What we typically find is that they have a natural success style. For some people this is setting a goal and creating a detailed plan to meet that goal. For others it’s just jumping in and doing whatever it takes to make it work. Others might just go with the flow and do what appears easy or exciting. One client set a small goal and met it. Then he set higher and higher goals meeting each one before he moved on to the next. It ended with four consecutive world championships.So if you are finding yourself stuck in trying to accomplish a task in your business, stop right now and list out your successes. Start from being born—it’s not easy to get out and start breathing. Move through your entire life and write down every success you can remember. You might have things like starring in a school play, completing
    ver makes me feel proud, with I Like Music (www.ilikemusic.com) it’s taken us four years, but we are now at a point where some of the larger well-known brands and companies who’ve spent pots of cash but with minimal results are now taking notice of us and can see our strengths. We now have four years worth of great content, contacts and traffic and are ready to take the site to the next level, but we’ve not forked out on flash offices or streams of staff. And with Web Copywriter it’s great that the original business 'WebCritique' has grown organically into this niche area of writing for the web. The fact that all businesses are still going makes me feel proud.

    DS: How did you actually fund your business to get it off the ground?

    CR: WebCritique was launched with just a small amount of my own savings, plus a ?1500 bank loan. My personal loan bank refused me for a business loan, so I set up a business account elsewhere. I also sold my car. Since then I’ve financed the business on cash flow, plus overdrafts and occasional loans, which is also the case for I Like Music, which is entirely self-funded. WebCopywriter cost nothing as the design was done in house.

    I wish there was more cash readily available in the form of grants to small businesses in all areas: both affluent and under-privileged areas.

    DS: What attributes do you think make a successful entrepreneur?

    CR: That’s a tough question because there are so many variables that go toward making a business actually work; from personalities and people to the viability of an idea, state of the market and, often, circumstances outside a business owner’s control. As I say in my book, 'Certainly, there is no entrepreneurial elixir you can swiftly drink to make you automatically successful (except your own home-made passion-fuelled one). But you can prepare yourself to seize opportunities and make it happen for you.'

    However, if I had to list attributes that would make the entrepreneurial life manageable, I would say, you need energy, passion and to be dedicated and thick-skinned. You need to be able to cope with times when your social life will suffer. You should be a great communicator and someone who enjoys networking, be it face to face or online. But probably the most key attribute is the desire to learn. That includes learning from mistakes.

    In my book I speak to a variety people from Anita Roddick and Stelios to Simon Woodroffe, among others. All of them told me how important listening and learning is as an entrepreneur. And, as soon as you think you know it all, you’re history as a business. As a boss, if small business owners can remember that just because they started the business doesn’t mean they know more about marketing than the marketing chap, businesses would flourish easier. Learning should be a continuous endeavour, so a capacity and interest in learning is a crucial attribute for any entrepreneur.

    DS: What do you believe are the necessary elements for a business venture to succeed?

    CR: Good people. You need the right people working with you, be that in terms of partnerships or staff. They are the lifeblood of your business, so you need to value them and they will perform well. As Mike Southon says in The Beermat Entrepreneur 'People buy from People.' So ensuring that people working for you share your vision and at least can serve your customers in a way that they themselves would wish to be treated, is the first step.

    You need to plan, as it’s easier to be passionate about getting somewhere if you know where you’re heading and how you’re going to get there. Plus cash-flow can kill businesses, so it’s important to know what is going to be coming in and out of the business all the time. Again, being open to learning is a key element. Many businesses fail because those driving the business are so caught up working ‘in’ the business, instead of ‘on’ the business, that they can’t implement changes, find time to learn or stay creative or on the ball. That’s why planning and hiring the right people with complementary skills who you can delegate to are essential success factors.

    These are just some of the elements included in my Start-Up Checklist which appears in the book after the chapter called: LESSONS FROM LEADERS IN BUSINESS: Success Stories, Mistakes and Top Tips

    DS: How essential do you see a University education in achieving success as an entrepreneur?

    CR: Not essential. I went to University to a) make my parents proud b) delay the prospect of working for a few more years and c) because with A-Levels reading the Media Guardian I realized all the jobs I wanted to be able to do were only open to graduates. For me, although I ended up on lower or similar income to many of my peers, I needed to be a graduate to get my editorial and writing positions. However, I’d have learned a great deal more if I’d gone into a publishers and worked my way up. I believe work experience counts for a lot more (just as some people I sent my CV to as a graduate believed). What’s more, my partner James is more entrepreneurial than me (and he has the gift of the gab, is more confident, etc). He didn’t go to university, so that proves my point that university education is definitely not essential in achieving business success. Indeed, my BA (Hons) Degree in Media with Cultural Studies may well have hindered me in some ways. I could have been working all that time and saving up to fund my own business. And, if you look at the most successful people in UK business, the majority of them didn’t go to college let alone university. Richard Branson, Simon Woodroffe…

    DS: What are the three most important lessons you have learned about business and entrepreneurship?

    CR: 1. Everything always takes longer and costs more than you think it will (even when you are fairly stringent with your planning).

    2. Go with your gut feeling. Learn how to feel what that is and go with it. The buck stops with you, so you need to get as many decisions right as you can. Some of these decisions will involve others trying to sell you something: support or a service or a partnership. There is a time for diplomacy and sometimes you will need to listen to your instincts and opt not to go ahead with a certain partnership or project.

    3. Listen and learn constantly. You must never think you know it all as nobody does. People like to give advice and tell you what they know about things, so you can be constantly learning. You also need to delegate, and appreciate that there are people out there who can compliment your talents. Remember, it’s all about people.

    DS: What advice would you give to an aspiring entrepreneur?

    CR: Do your research, find out what your potential customer needs are and test the market where possible. Surround yourself with a good support network and work out your break-even point before you take the plunge. Buy or create a checklist that you can go through before you set up, making sure you’ve considered everything from your company name and marketing to your website, staff and expenditure needs.

    DS: What's the number one book you would recommend to aspiring entrepreneurs?

    CR: Of course my own book – The Small Business Start-Up Workbook. However, another book I would heartily recommend is Anyone Can Do It by Sahar and Bobby Hashemi of Coffee Republic, and also Anita Roddick’s Business As Unusual – both are inspirational and help you get things into perspective. Both are available from Amazon.co.uk, or you can order Anita’s books via her own site at www.anitaroddick.com

    DS: What memorable mistakes, if any, have you made in business? What did you learn from them and how can they be avoided?

    CR: Earlier I mentioned the importance of going with your gut feeling. Well, if I’d done that on at least two occasions, I could have saved a lot of time, credibility and money.

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.hubyou.info/article/18308/hubyou-Geoff-Alexander-Interview.html">Geoff Alexander Interview</a>

    BB link (for phorums):
    [url=http://www.hubyou.info/article/18308/hubyou-Geoff-Alexander-Interview.html]Geoff Alexander Interview[/url]

    Related Articles:

    Good Governance

    Forex Trading - Non-Farm Payroll Trading (Are You Insane?)

    The Employment Effects of FDIs

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com