Doug Richard is an entrepreneur and investor who specialises in
technology transfer, commercialisation and business incubation.
Richard appeared as an investor on the first two series of Dragons'
Den. He is the Founder and Vice-Chairman of the Cambridge Angels
and Chairman of the Conservative Party Small Business Task Force.
Between 1996 and 2000 Doug was President and CEO of Micrografx, a
US publicly quoted software company. Prior to that he also founded
and subsequently sold two other companies: Visual Software and ITAL
Computers. He now runs The School for Start Ups, an enterprise
dedicated to helping people start better, more profitable,
businesses. In 2008, Richard published his investigation "The
Richard Report" into the British government's support for small
businesses, which concluded that the UK's business support network
is, in his words, 'abysmal'.
In this video, Doug Richard outlines the current situation for
entrepreneurism in the UK and the transformation that is currently
occurring in the business world. According to Richard the pace in
which a business can be set up is rapidly increasing and through a
divorce of the ego and effective budgeting, an "ultra-light start
up" can be created. The structure of pricing is another area that
Doug tackles with and criticises the current common model, offering
his alternative to developing a price.
The famous entrepreneur also touches on his study entitled "The
Richard Report" and emphasises the lack in government support for
small enterprises. Find out why overworking is overrated and how
intelligent laziness can lead to optimised efficiency. This video
will also give you an idea of what the School for Start Ups does,
and how it helps small hungry business people achieve their
Doug Richard is speaking at the smarta way to do
business LIVE at the British Library on February 28. Book your
ticket to see Doug here.
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