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 goal.
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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