<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rssdatehelper="urn:rssdatehelper"><channel><title>Smarta Blog</title><link>http://www.smarta.com</link><pubDate></pubDate><generator>umbraco</generator><description>Smarta Blog</description><language>en</language><item><title>Time to chill out</title><link>http://www.smarta.com/blog/2010/9/time-to-chill-out</link><pubDate>Wed, 01 Sep 2010 10:13:05 GMT</pubDate><guid>http://www.smarta.com/blog/2010/9/time-to-chill-out</guid><image><url>http://www.smarta.com/media/2494115/help advice 435 239.jpg</url><link>http://www.smarta.com/blog/2010/9/time-to-chill-out</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/2494115/help advice 435 239.jpg" />
<p>Except... except... when you get back to work all those
aspirations and calm certainties evaporate quicker than a popcicle
on an Antiguan beach. And that's because the hard-working masses
(and business owners this applies to you more than anyone) forget
to relax in their day-to-day lives. Never a moment goes by when
we're not checking emails on our iPhones or making just one more
quick client call or running over those figures mentally to
quadruple-check them one last time.</p>

<p>We need to chill out. Not in a hippy escape-the-rat-race way,
but because interspersing work with healthy doses of relaxation
actually makes us more productive. It enables us to retain
information better: <a
href="http://www.nytimes.com/2010/08/25/technology/25brain.html?_r=1&amp;pagewanted=1&amp;ref=technology&amp;adxnnlx=1282748435-r7RnqHZY0hlFMm2sELlcZQ"
 target="_blank">recent studies</a> by both the University of
Michigan and the University of California found memories form
better when we take a break from activity. Loren Frank, a professor
from the University of California, <a
href="http://www.nytimes.com/2010/08/25/technology/25brain.html?_r=1&amp;pagewanted=1&amp;ref=technology&amp;adxnnlx=1282748435-r7RnqHZY0hlFMm2sELlcZQ"
 target="_blank">told</a> <em><a
href="http://www.nytimes.com/2010/08/25/technology/25brain.html?_r=1&amp;pagewanted=1&amp;ref=technology&amp;adxnnlx=1282748435-r7RnqHZY0hlFMm2sELlcZQ"
 target="_blank">The New York Times</a></em>: "Almost certainly,
downtime lets the brain go over experiences it's had, solidify them
and turn them into permanent long-term memories." (Note that TV and
internet do not count as 'downtime' - only less
mentally-stimulating activities such as walking or exercise
qualify).</p>

<p>And all this stress is damaging our health, which in turn
inhibits our psychological ability to work efficiently. Almost half
of 1,400 business leaders, full-time workers and GPs felt stressed
in a survey held by Norwich Union last year. One in five of those
asked were also suffering from depression, 46% suffered from
insomnia, a third from migraines and one in five from anxiety
attacks or palpitations - not exactly conducive to a good day in
the office, dear.</p>

<p>So while we understand that it might be tempting to work 16
hours straight to get that brief finished, you're not helping
yourself if you don't take breaks. We're not going to tow the eight
hours sleep a night and eight hours work a day line - we know
that's laughable for many of you (though for those of you who
manage your time well enough to do it, keep it up!). But we
strongly advise just giving yourself 10 or 20 minutes out every now
and then. Take a walk around the block, go for a jog, listen to
music that makes you sing so joyfully you forget completely what
you were thinking about. Just do something to take your mind off
what you were doing.</p>

<p>You may lose 20 minutes work-time, but you'll gain double that
back in productivity when you return to your task with a refreshed
mind and properly formed thoughts and memories to refer back to in
the days and weeks ahead.</p>

<p><strong><em>Want to know the best ways to relax mid-work-day?
Read a blog we wrote last year on <a
href="/blog/2009/5/29/how-to-not-be-susan-boyle-dealing-with-stress"
 target="_blank">how to combat stress</a>.</em></strong></p>
 ]]></content:encoded></item><item><title>Dragons' Den: episode eight, reviewed</title><link>http://www.smarta.com/blog/2010/8/dragons-den-episode-eight-reviewed</link><pubDate>Tue, 31 Aug 2010 12:02:52 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/dragons-den-episode-eight-reviewed</guid><image><url>http://www.smarta.com/media/30942/dragonsden.jpg</url><link>http://www.smarta.com/blog/2010/8/dragons-den-episode-eight-reviewed</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/30942/dragonsden.jpg" />
<p>&nbsp;</p>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
Innovation abounded in the den last night, with three business
ideas that instantly enticed the fiery ones. Though that's not to
say they all won investment - a great pitch can be easily
unravelled when the Dragons start looking for holes to pick at. And
even the most promising businesses can start to implode when the
nitty gritty of enterprise isn't handled correctly... but more on
that later.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
The first debacle of last night's peak-and-trough episode was the
customary total flop. Poor old Diane and Tim had chucked £50,000 at
a series of books featuring cheery fruit and veg characters,
designed to instill the five-a-day mantra into kids. To their
credit, they had sold a fair few copies through Borders before it
went into administration - but the numbers weren't really there and
they weren't really sure how they'd achieve the three-fold increase
in sales they'd forecasted. Oh, and then there was Peter Jones's
deliciously sardonic point that the book he read didn't actually
instruct children to eat healthily at all - instead it sent out the
message that kids' friends wouldn't like them if they ran out of
sweets and that they should run away from home. Soon criticisms
mushroomed and the fruity duo were kicked out the Den like right
lemons.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
Next up was Patrick van der Vorst, an ex Sotherby's department head
who'd knocked up a nice-and-easy website that let your average
punter get any item in their home valued within 48 hours just by
uploading a photo of it. Valuemystuffnow.com was more or less
Antiques Roadshow 2.0. Patrick has formed a collective of 28
experts (all freelance valuation consultant for the big three
auction houses) who get paid £1.80 per valuation, while
&nbsp;customers pay £4.50 per valuation. A prime idea for the age
of austerity, Theo Paphitis said, with profit margins that sounded
good. But Deborah Meaden was (very rightly) concerned about the
online marketing strategy. Patrick was spending only £4,000 -
£5,000 per month on pay per click advertising and Google AdWords
advertising. He was getting 20,000 unique visitors a month - which
is a pretty impressive figure. But he reckoned he's be able to keep
that online ad spend consistent yet manage to up his monthly
visitors to 100,000 through word of mouth.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
This, of course, set off alarm bells in the Den - because as all
investors now know, you need a whopping great amount to splurge on
PPC these days if you want even a sniff of a chance of being found
online. Peter Jones said he would need more like three of five
times the £100,000 investment he was asking for, while James Caan
said the mode was 'unsustainable'.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
Fortunately for Patrick, Theo Paphitis and Deborah Meaden swooped
in to save the day, walking out with 40% for £100,000 - double the
amount of equity Patrick had planned to give away but with the huge
added value they can bring to his online marketing strategy.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
The next pitch caused quite a, ahem, stink in the Den: a
cannily-designed extractor fan that drew out odours from toilet
bowls more efficiently than the traditional ceiling extractor fan.
Builders-by-trade Patrick and Tim seemed to have a fairly
thoroughly-thought-out plan, citing the cost-cutting qualities of
their extractor, its neat power-saving qualities and numerous
building regulation standards it had achieved. But they got
pooh-poohed by the Dragons as question-time lingered fatefully one:
James Caan said the market was too small and he would never make a
return; Duncan Bannatyne said in all his 25 years of building
properties and health clubs he had never once received a complaint
about a stinking loo so there really was no need for it; and
Deborah Meaden came down like a barrister on their backsides to
discover the standard they had reached only applied to a very
specific type of commercial toilet, ruling out the much bigger
market they had laid claim to. The ensuing stink ensured five
outs.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
Finally, we came to Chris Elsworthy, softly-spoken product engineer
extraordinaire who designed what Peter Jones called 'one of the
best products we've ever seen in the Den'. The Power8 workbox was a
cordless powertool set that converts into eight different tools,
including a hand drill, circular saw and table saw. It had picked
up plenty of attention from DIY fanatics and industry insiders
alike, Theo Paphitis called it 'fabulous', and all the Dragons
seemed, well, totally bowled over by it.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
Ah, but nothing in the Den ever runs so smoothly as it seems.
Half-way through questioning, we found out Chris has become
entangled in a horrifically complex company and share structure
spanning five countries, multiple investors, Hong Kong-based
cashflow management and a holding company in the British Virgin
Islands that Chris actually owned no part of. Percentages and
place-names started flying around the Den faster like a jet set
millionaire's convention, and the messy web of Chris's business (or
partly- semi- something- owned business) was enough to deter
Deborah, Theo and James Caan.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
But Peter Jones ploughed on, saying Chris was the 'real value' -
and craftily offers the full £150,000 Chris asked for in return for
40% of the holding company, on the condition that all intellectual
property rights for the Power8 (currently all owned by the Hong
Kong company - do keep up) be transferred to the holding company.
Phew.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
Then, in an astounding whip of Den audaciousness unlike any
counteroffer we'd ever seen before, Chris replied flatly and with a
good dose of condescension: "That values my company extremely
lowly. What resources will you put in to make that worthwhile?" A
really quite pleasingly flabbergasted Peter jones stammered
something along the lines of, "You need sales and you need me to
get those sales," but Chris wasn't having any of it. "I'm not
prepared to give away 40% of my company," he retorted, then turned
to Duncan Bannatyne. Touche!</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
Duncan Bannatyne, looking quite impressed, then offered half the
amount for just 15% of the equity, assuming Peter would come in
with the other half. Chris, unflappable as a block of concrete,
said 'that's still undervaluing my company'. And after some further
wrangling as cool as several frozen cucumbers, the Den-god Chris
walked out with £150,000 for 30% of his company shared by Duncan
and Peter, but with their equity shrinking to 20% as soon as he had
repaid the money.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">
Chris's slick bargaining was quite a surprise, but he knew he had a
fantastic product and the Dragons were falling over themselves to
get a piece of it. So why take investment at all. The invesntor's
final words to Evan summed up an important lesson thus: "I know I
have to give things away to make things happen, and that's what I'm
doing. It's better to have a small piece of something large than a
small piece of nothing."</div>

<p>The first debacle of last night's peak-and-trough episode was
the customary total flop. Poor old Diane and Tim had chucked
£50,000 at a series of books featuring cheery fruit and veg
characters, designed to instill the five-a-day mantra into kids. To
their credit, they had sold a fair few copies through Borders
before it went into administration - but the numbers weren't really
there and they weren't really sure how they'd achieve the
three-fold increase in sales they'd forecasted. Oh, and then there
was Peter Jones's deliciously sardonic point that the book he read
didn't actually instruct children to eat healthily at all - instead
it sent out the message that kids' friends wouldn't like them if
they ran out of sweets and that they should run away from home.
Soon criticisms mushroomed and the fruity duo were kicked out the
Den like right lemons.</p>

<p>Next up was Patrick van der Vorst, an ex Sotherby's department
head who'd knocked up a nice-and-easy website that let your average
punter get any item in their home valued within 48 hours just by
uploading a photo of it. Valuemystuffnow.com was more or less
Antiques Roadshow 2.0. Patrick has formed a collective of 28
experts (all freelance valuation consultant for the big three
auction houses) who get paid £1.80 per valuation, while
&nbsp;customers pay £4.50 per valuation.</p>

<p>A prime idea for the 'age of austerity', Theo Paphitis said,
with profit margins that sounded good. But Deborah Meaden was (very
rightly) concerned about the online marketing strategy. Patrick was
spending only £4,000 - £5,000 per month on <a
href="/advice/sales-and-marketing/advertising-and-marketing/how-to-use-pay-per-click-advertising" target="_blank"
title="How to use pay-per-click advertising">pay per click
advertising</a> and Google AdWords advertising. He was getting
20,000 unique visitors a month - which is a pretty impressive
figure. But he reckoned he'd be able to keep that online ad spend
consistent yet manage to up his monthly visitors to 100,000 through
word of mouth.</p>

<p>This, of course, set off alarm bells in the Den - because as all
investors now know, you need a whopping great amount to splurge on
PPC these days if you want even a sniff of a chance of being found
online. Peter Jones said Patrick would need more like three or five
times the £100,000 investment he was asking for, while James Caan
said the mode was 'unsustainable'.</p>

<p>Fortunately for Patrick, Theo Paphitis and Deborah Meaden
swooped in to save the day, walking out with 40% for £100,000 -
double the amount of equity Patrick had planned to give away but
with the huge added value they can bring to his online marketing
strategy.</p>

<p>The next pitch caused quite a, ahem, stink in the Den: a
cannily-designed extractor fan that drew out odours from toilet
bowls more efficiently than the traditional ceiling extractor fan.
Builders-by-trade Patrick and Tim seemed to have a fairly
thoroughly-thought-out plan, citing the cost-cutting qualities of
their extractor, its neat power-saving devices and numerous
building regulation standards it had achieved.</p>

<p>But they got pooh-poohed by the Dragons as question-time
lingered fatefully on: James Caan said the market was too small and
he would never make a return; Duncan Bannatyne said in all his 25
years of building properties and health clubs he had never once
received a complaint about a stinking loo so there really was no
need for it; and Deborah Meaden came down like a barrister on their
backsides to discover the standard they had reached only applied to
a very specific type of commercial toilet, ruling out the much
bigger market they had laid claim to. The ensuing stink ensured
five outs.</p>

<p>Finally, we came to Chris Elsworthy, softly-spoken product
engineer extraordinaire who designed what Peter Jones called 'one
of the best products we've ever seen in the Den'. The Power8
workbox was a cordless powertool set that converts into eight
different tools. It had picked up plenty of attention from DIY
fanatics and industry insiders alike, Theo Paphitis called it
'fabulous', and all the Dragons seemed, well, totally bowled over
by it.</p>

<p>Ah, but nothing in the Den ever runs so smoothly as it seems.
Half-way through questioning, we found out Chris had become
entangled in a horrifically complex company and share structure
spanning five countries, multiple investors, Hong Kong-based
cashflow management and a holding company in the British Virgin
Islands that Chris actually owned no part of. Percentages and
place-names started flying around the Den faster than a jet set
millionaire's convention, and the messy web of Chris's business (or
partly- semi- something- owned business) was enough to deter
Deborah, Theo and James Caan.</p>

<p>But Peter Jones ploughed on, saying Chris was the 'real value' -
and craftily offered the full £150,000 Chris asked for in return
for 40% of the holding company, on the condition that all
intellectual property rights for the Power8 (currently all owned by
the Hong Kong company - do keep up) be transferred to the holding
company. Phew.</p>

<p>Then, in an astounding whip of Den audaciousness unlike any
counteroffer we'd seen before, Chris replied flatly and with a good
dose of condescension: "That values my company extremely lowly.
What resources will you put in to make that worthwhile?" A really
quite pleasingly flabbergasted Peter Jones stammered something
along the lines of, "You need sales and you need me to get those
sales," but Chris wasn't having any of it. "I'm not prepared to
give away 40% of my company," he retorted, then turned to Duncan
Bannatyne. Touche!</p>

<p>Duncan Bannatyne, looking quite impressed, then offered half the
amount for just 15% of the equity, assuming Peter would come in
with the other half. Chris, unflappable as a block of concrete,
said 'that's still undervaluing my company'. And after some further
wrangling by Chris, as cool as several frozen cucumbers, the
Den-god walked out with £150,000 for 30% of his company shared by
Duncan and Peter - but with their equity shrinking to 20% as soon
as he had repaid the money.</p>

<p>Chris's slick bargaining was quite a surprise, but he knew he
had a fantastic product, and the Dragons were falling over
themselves to get a piece of it. So why take investment at all? The
inventor's final words to Evan summed up an important lesson thus:
"I know I have to give things away to make things happen, and
that's what I'm doing. It's better to have a small piece of
something large than a small piece of nothing."</p>

<br />
<br />
 

<p>&nbsp;</p>
 ]]></content:encoded></item><item><title>Asil Nadir returns to the UK</title><link>http://www.smarta.com/blog/2010/8/asil-nadir-returns-to-the-uk</link><pubDate>Thu, 26 Aug 2010 15:35:15 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/asil-nadir-returns-to-the-uk</guid><image><url>http://www.smarta.com/media/31115/airplaneoverlondon.jpg</url><link>http://www.smarta.com/blog/2010/8/asil-nadir-returns-to-the-uk</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31115/airplaneoverlondon.jpg" />
<p>Polly Peck was touted as the ultimate success story of the
eighties. Acquired by Nadir for a song at the start of the decade,
it had been transformed from a small fruit trading business into an
international conglomerate with interests across multiple sectors
and a market cap of £1.7bn. But by 1990, Nadir's empire was
beginning to crumble.</p>

<p>That was the year that Serious Fraud Office (SFO) began
investigation Polly Peck and Nadir. &nbsp;The authorities alleged
that several million-pound cash sums had been transferred out of
Polly Peck and into several accounts in northern Cyprus. These
transfers amounted to some £36m. After the allegations went public,
and Nadir's home was raided by police, Polly Peck ceased trading
with liabilities of £1.3bn.</p>

<p>By May 1993, when the Cyprus-born entrepreneur finally fled
Britain, he had collected 66 charges of theft and false accounting.
While not technically a fugitive from justice, Nadir absconded the
day after his bail expired without alerting the authorities.
Speaking to the BBC from his seat aboard a flight back to the UK
this morning, he says: "I was a free man when I left. I am hoping
that the term fugitive does not apply to me."</p>

<p>But why come back at all?</p>

<p>This is pure conjecture, but my theory is that Nadir - a
compulsive wheeler dealer - is itching to get back in the saddle.
His business interests have slowly frittered away, as has his
personal fortune. It is possible that the remnants of his property
holdings, once worth up to £40m, have substantially devalued as a
result of the financial crisis. He may still hold considerable
political influence in his native country but he has been a virtual
prisoner in his Northern Cyprus home for 17 long years. At 69 years
old, the entrepreneur is probably seeking a last hurrah. One last
venture to see him into his twilight years and ensure a safe
financial future for his young wife Nur and his family.</p>

<p>There is also rumour of a deal. He denies this completely:
"There is no deal. There is only one deal and that deal is that I
am hoping I will see for the first time some justice." However,
Nadir does not deny that he has been involved in talks with the
authorities to allow him to return, albeit under electronic
surveillance with a £250,000 bail on his head.</p>

<p>Nadir is vehement about his innocence, insisting that he has
been denied a fair hearing. "When the charges were brought, I
proved my innocence to the authorities. But at that time, no one
took any notice." He even suggests that it could be the Serious
Fraud Office itself that comes under scrutiny. "The abuse of
process by the authorities will be the first case investigated," he
says. Despite his protestations, there's no denying that at the
time of Polly Peck's collapse, creditors were eventually paid a
pitiful 2.9p for every pound owed. Shareholders, incidentally, got
nothing.</p>

<p>This will be a fascinating case to watch pan out. An
entrepreneur, fallen from grace, returns to clear his name. Hell,
it has the makings of a great Hollywood blockbuster. We'll keep you
posted as the story develops.</p>

<p>Picture: <a
href="http://www.flickr.com/photos/cristiano_betta/2870563171/"
target="_blank">Cristiano Betta</a></p>

<p>&nbsp;</p>
 ]]></content:encoded></item><item><title>Shaa Wasmund: Not all good ideas are money making ideas</title><link>http://www.smarta.com/blog/2010/8/shaa-wasmund-not-all-good-ideas-are-money-making-ideas</link><pubDate>Thu, 26 Aug 2010 10:07:31 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/shaa-wasmund-not-all-good-ideas-are-money-making-ideas</guid><image><url>http://www.smarta.com/media/1896566/shaa.jpg</url><link>http://www.smarta.com/blog/2010/8/shaa-wasmund-not-all-good-ideas-are-money-making-ideas</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/1896566/shaa.jpg" />
<p>The company, Gift Card Converter, was created by Allan Brown
&amp; Simon Jamieson, who had invested several thousand in building
the website. The pair believed that one in five gift cards go
unused, and therefore hoped their website will allow users to buy,
sell, trade and donate their cards to charity. With the gift card
market making a huge profit, the duo estimated a potential 8
million customers, and compared the movement to the highly
lucrative mobile phone recycling business.</p>

<p>Whilst the Dragons understood the idea and the potential market,
many were dubious of the long term money making opportunities. For
a start, how accurate was the 20% redemption figure they gave?
Peter Jones, an expert in the area of gift cards, estimates the
redemption rate to be closer to 10%, whilst Duncan Bannatyne was
unsure whether customers would change their current habit of
storing the card away or spending it to be rid of it. Peter was
also quick to point out that the USA market for this business is in
strong decline, rather than increased demand.<br />
<br />
 Theo Paphitis felt uncomfortable with the whole concept, comparing
it to ticket touting, but it was Deborah Meaden who finally crushed
their pitch by pointing out the lack of legal advice the team had
invested in, leaving the business open to attack. Whilst the
initial idea sounded like it targeted a large potential market and
the pitch appeared to go smoothly, the resulting discussion
revealed far too many weak points for the pair to win the £50,000
investment for a 25% stake.<br />
<br />
 Theo summed up the pitch with some classic common sense advice
"Not all good ideas are money-making ideas and the sooner we all
start realising, the better our businesspeople will be." Something
a number of the entrepreneurs visiting the den should bear in mind
before coming up against the dragons.<br />
<br />
 If you're in the midst of starting up a business, make sure you
ask your most honest friends for their opinion, discuss it with a
mentor or head to <a href="/advice">Smarta</a> for a huge selection
of advice and tools that will help you identify whether your idea
is a money making one, or simply a good one.</p>

<p><em><strong>To join the conversation, find me on Twitter <a
href="http://www.twitter.com/shaawasmund "
target="_blank">@shaawasmund</a>, visit my website: <a
href="http://www.shaawasmund.com"
target="_blank">shaawasmund.com</a></strong></em> <em><strong>or
leave your comment below.</strong></em></p>
 ]]></content:encoded></item><item><title>60-second start-up: Learn2lingo</title><link>http://www.smarta.com/blog/2010/8/60-second-start-up-learn2lingo</link><pubDate>Wed, 25 Aug 2010 10:41:35 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/60-second-start-up-learn2lingo</guid><image><url>http://www.smarta.com/media/31097/Shira landscape image.jpg</url><link>http://www.smarta.com/blog/2010/8/60-second-start-up-learn2lingo</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31097/Shira landscape image.jpg" />
<p><strong>2.</strong> <strong>What's the business
model?</strong></p>

<p>Students pay for the lessons and we pay the teachers, taking a
small cut per lesson.</p>

<p><strong>3.</strong> <strong>Who are your
competitors?</strong></p>

<p>E-learning is the fastest growing emerging market so it is a
hugely exciting time. There are other companies offering a similar
service but each one has a different approach. We are all fairly
new so it will be interesting to see how things develop.</p>

<p><strong>4.</strong> <strong>What's your USP?</strong></p>

<p>Learn2lingo.com is simple to use. We make it easy for teachers
and students to connect in the online classroom and ensure the
experience within the classroom is smooth and effective.</p>

<p><strong>5.</strong> <strong>How have you funded it so
far?</strong></p>

<p>We received Angel investment through Angel Networks in the
UK.</p>

<p><strong>6.</strong> <strong>What were you doing
before?</strong></p>

<p>I was a science teacher in an urban complex London school.</p>

<p><strong>7.</strong> <strong>Where did the idea come
from?</strong></p>

<p>My housemate, also a teacher, was taking a Spanish evening
course but was so tired after school and kept missing her classes.
I thought 'surely there must be an easier way'. I came up with the
idea that, with live two-way streaming, she could have a lesson
with a Spanish teacher in Spain or South America by webcam in her
own time and the comfort of her own home.</p>

<p><strong>8.</strong> <strong>What's the smartest thing you've
done so far?</strong></p>

<p>Choosing the right people to work with.</p>

<p><strong>9.</strong> <strong>What's the stupidest?</strong></p>

<p>Getting distracted. Learn2lingo.com can work in so many markets
and the challenge is to focus on the right ones.</p>

<p><strong>10.</strong> <strong>If your business was a biscuit,
what type would it be?</strong></p>

<p>A custard cream, it connects two biscuits perfectly together,
just like learn2lingo.com connects the teacher and student
online.</p>

<p><strong>11.</strong> <strong>Which idea are you a bit jealous
of?</strong></p>

<p>There are lots of amazing tech companies doing cool things, I
wouldn't say I'm jealous of them, just inspired by them. It just
shows that lots of things are possible and there are many
incredible people doing them.</p>

<p><strong>12.</strong> <strong>Where are you going to be in 12
months' time?</strong></p>

<p>Travelling to all our learn2lingo.com offices worldwide.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
 ]]></content:encoded></item><item><title>Ten business tips from the X Factor</title><link>http://www.smarta.com/blog/2010/8/ten-business-tips-from-the-x-factor</link><pubDate>Tue, 24 Aug 2010 18:36:49 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/ten-business-tips-from-the-x-factor</guid><image><url>http://www.smarta.com/media/31093/XFACTORFINAL.jpg</url><link>http://www.smarta.com/blog/2010/8/ten-business-tips-from-the-x-factor</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31093/XFACTORFINAL.jpg" />
<p><strong>1.) Mum's not always right</strong></p>

<p>The number of completely deluded people who routinely appear on
X Factor is astonishing. These contestants claim that their
parents, partners, friends and colleagues have all told them they
have a great voice. But it's never true. As @LifeofPip points out
via Twitter: "Seek honest, objective criticism to improve on before
the big day. Just 'cause your mom says you can sing doesn't mean
you can."</p>

<p><strong>2.) Always prepare</strong></p>

<p>On Saturday's X factor, Katie Waissel told the cameras that she
had prepared extensively for her audition. And yet, when Simon
Cowell dismissed her original song choice, she was completely
thrown. Granted, it was a tough break. She had planned to sing Etta
James' <em>At Last</em>, and aced her rendition of that song later.
But she had also claimed to be a huge Freddie Mercury fan - right
before forgetting the words to <em>We Are The Champions</em>. The
lesson: Don't just rely on Plan A, have a Plan B and even a Plan C
up your sleeve. And don't just rely on your innate talent - or gift
of the gab - to help you wing it. As Satish Jayakumar, co-founder
and COO of online ad exchange AdJug points out: &nbsp;"It's not
enough to just believe. Commitment, experience and results are
clearly what separate the winners from the losers."</p>

<p><strong>3.) Aim big</strong></p>

<p>What do all X Factor contestants have in common? Big dreams.
When group Diva Features was asked where they would see themselves
in six years, they responded: "Performing at the Superbowl at half
time." That's thinking big. There's no point setting low targets if
you want to build a growing, successful business. The trick is to
challenge yourself, while being realistic. Few X factor hopefuls
have mastered this knack.</p>

<p><strong>4.) Choose your partners wisely</strong></p>

<p>Heed the cautionary tale of double act G&amp;S (Gay and
Straight). Peter and Caroline performed Journey's <em>Don't Stop
Believing'</em> as a duet on Saturday, but it soon became apparent
that Peter was, quite franky, terrible. "Strangling cats," I
believe was Louis Walsh's summation. At Cheryl Cole's insistence,
Caroline had a bash at singing on her own. The difference in
quality was vast. Be careful in choosing your business partners,
especially when they're your friends. With the best will in the
world, they could just hold you back.</p>

<p><strong>5.) Personality goes a long way</strong></p>

<p>Smarta does not have the words to describe Shirlena Johnson's
rendition of Duffy's <em>Mercy</em> on Saturday's show. Let's just
say, it was... different. Nevertheless, the single mum has made it
to the second round simply by virtue of her personality. "You're
completely crazy. I love you," said a usually stony-faced Simon
Cowell. Don't be afraid to show a little character in business.
Sure, you won't offend anyone by being conservative and sensible,
but you won't be very memorable either.</p>

<p><strong>6.) Take risks</strong></p>

<p>The real star of last week's show was Zimbabwe-born Gamu Ngengu.
The 18-year old wowed judges with her rendition of Katrina &amp;
The Waves' <em>Walking on Sunshine</em>. But she took a big risk in
changing the lyrics and reinterpreting the vocals. It could have
backfired horribly. Instead, she received four 'yes's from the
judges and a whole raft of compliments from Cowell: "I really,
really like you," he said.</p>

<p><strong>7.) Never beg</strong></p>

<p>Begging never works on the X Factor. If the judges don't like
your performance, no amount of pleading and crying will change
their minds. It's the people who thank the judges for their
comments and leave the stage with heads held high that come off the
best. The same is true in business. Sarah Downham had this to say
in our Smarta forum: "Know when to walk away! I can't believe how
many of those awful acts will continue to argue their case when
they're clearly not going to get through! If someone's not
interested in investing in your product, try to convince them by
all means, but don't argue with them! Ultimately it's their
decision, and their loss!"</p>

<p><strong>8.) There's no substitute for "face to
face"</strong></p>

<p>Pop trio Jahm could be the worst group I have ever witnessed on
the X Factor. Props to the editor for including their whole
audition - Jahm absolutely murdered Lady Gaga's hit Bad Romance -
although the autotune did take the edge of the caterwauling. The
group formed via the internet, with rehearsals taking place over
the phone and via Skype. It showed. Sometimes, to really test
whether there's a good fit between a business and a supplier, or
prospective employee, there really is no substitute for a bit of
face to face.</p>

<p><strong>9.) London isn't the be all and end all</strong></p>

<p>Comparing the London and Glasgow auditions side by side threw up
some interesting points. Firstly, the quality of the performances
in Scottish city was markedly higher than down in the Big Smoke.
There may be a higher concentration of businesses in the south
east, but this in no way reflects the quality and expertise found
in firms based elsewhere in the UK.</p>

<p><strong>10.) Don't lie</strong></p>

<p>There have been a couple of stories in the press this week about
X Factor contestants who have been caught telling whoppers. Katie
Waissel may yet be disqualified for failing to mention a possible
record deal with a US label Chamberlain Records, while 'crazy'
Shirlena Johnson has lost her place in the Miss Great Britain
beauty pageant after it was revealed she was too old to take part
(the competition is only open to 18-28 year-olds). &nbsp;Johnson
also faces the chop from X Factor after it was revealed she, well,
actually suffers from severe mental illness. Entrepreneurs would do
well to remember that, in this digital age, liars always get
caught. Don't inflate your financials or your experience: your
little white lies may well come back to haunt you.</p>

<p>&nbsp;</p>

<p>Written by Rebecca Burn-Callander</p>

<p>&nbsp;</p>
 ]]></content:encoded></item><item><title>Dragon' Den: episode seven, reviewed</title><link>http://www.smarta.com/blog/2010/8/dragon-den-episode-seven-reviewed</link><pubDate>Tue, 24 Aug 2010 12:24:59 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/dragon-den-episode-seven-reviewed</guid><image><url>http://www.smarta.com/media/30942/dragonsden.jpg</url><link>http://www.smarta.com/blog/2010/8/dragon-den-episode-seven-reviewed</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/30942/dragonsden.jpg" />
<p>Kicking off with Allan Brown &amp; Simon Jamieson's gift card
exchange, episode seven was a rollercoaster ride. Duncan Bannatyne,
courting controversy as always, called Gift Card Converter "a
fantastic idea" before announcing that it would never make money
and declaring himself 'out'. Deborah Meaden all but had her hand in
her pocket to hand over the £50,000 investment but Peter Jones'
stern pronouncement that the pair would not only fail but be
"completely destroyed" made her think twice.</p>

<p>As soon as gift card trading was labelled a "black market" and
the founders admitted they'd sought no legal advice on their
start-up, Meaden sat on her hands. Theo Paphitis, the last Dragon
standing, uttered some wise words to the entrepreneurs: "Not all
ideas are money-making ideas," he said as Brown and Jamieson
departed the Den.</p>

<p>When Letitia Valentine caught hyperthermia on a rambling holiday
with partner Alex Lewis, the pair came up with the idea for Surviva
Jak, a foil jacket that's lighter and four times more efficient
than a standard foil blanket. Again, a great idea... But the cracks
soon began to show. "There are 38 million ramblers in the UK," said
Valentine, drawing incredulous looks from the Dragons.</p>

<p>A bun fight ensued with each Dragon taking turns to lay in to
the hapless entrepreneurs for failing to back up their superficial
research figures. "You're obviously passionate about the product
but you're completely dysfunctional," said Peter Jones. Salvation
appeared in the form of Deborah Meaden, who offered the couple the
full £75,000 investment for 45 per cent of their company, proving
that a good idea can counteract incompetence after all. After a
cursory attempt to haggle, Valentine "graciously" accepted the
deal.</p>

<p>No such luck for Citidogs Crèche founders Sandy Maxwell Forbes
and Sarah McLean. Despite a brilliantly-executed pitch, their lack
of business acumen - "How can you fail to factor in VAT?" shouted
Duncan Bannatyne - saw the Dragons drop out one by one.</p>

<p>Neither Maxwell Forbes nor Mclean were taking a salary for their
12-week old business, prompting this comment from Peter Jones:
"Time and time again people make the massive mistake of thinking
they've got a great business when they don't pay themselves a
salary. Soon as you open your next one, you're dead in the water."
After Deborah Meaden pointed out that the business' economies of
scale would actually decrease as the pair roll out their dog crèche
business, all the Dragons are out. But at least Maxwell Forbes and
McLean leave with a whole lot of free advice.</p>

<p>And here comes the finale. The last entrepreneurs to climb the
steps to the Den were Chris Barnardo and Richard Blakesley,
founders of the Wand Company. As the company name suggests, the
pair were peddling magic &nbsp;- of sorts. The Kymera is a carved
wooden wand that can control everyday electrical objects, from
televisions to ceiling fans. There are no buttons or switches: the
Kymera responds to gestures. The Dragons were suitably impressed.
Blakesley and Barnardo were looking for £200,000 in return for a
ten per cent stake.</p>

<p>Bannatyne was the first to declare himself, offering the whole
amount for triple the equity. But he threw in a kicker, "If you
make £600,000 profit this year, I'll give you ten per cent back,"
he said. Then negotiations began in earnest. Each Dragon wanted a
slice of the pie: "You've had your offer from Voldemort over
there," said Peter Jones. "Now Hagrid's coming in." Jones undercut
Bannatyne's offer by five per cent. Theo offered a new ratchet,
settling for a 12 per cent stake if the Wand Company pulled in the
£1.2m profit anticipated by the founders. Deborah Meaden made a
canny bid: half the cash for ten per cent. "But that's not a good
offer," complained Bannatyne. "That's more equity than Theo's
offered." "They want two Dragons," came her reply.</p>

<p>In the end, the Scot entrepreneur won the day. His offer of
£200,000 for 30 per cent, reducing on a sliding scale all the way
down to 10 per cent dependent on £1.2 million profit sealed the
deal. As Bannatyne shook hands with his new business partners,
Jones conceded, "I think you'll do very well with them".</p>

<p>It was a brilliant piece of television, nail-biting to the end.
It was great to see a company with real potential not only receive
investment, but incite a genuine bidding war. With two more Harry
Potter films on the way, the market for the Kymera wand can only
increase. And the pair had done their homework, citing World of
Warcraft fans as another target demographic. You could practically
see all the Dragons hop out of their seats when a follow-up product
was mentioned. But it's all very hush hush - the patent is still
pending.</p>

<p>That concluded a fantastic spell in the Den for the Wand
Company. They left with all their cash, retaining 90 per cent of
their business. It makes you wonder if maybe the founders had a few
magical powers themselves. Their performance in the Den sure went
like a charm...</p>

<p>&nbsp;</p>

<p>Written by Rebecca Burn-Callander</p>
 ]]></content:encoded></item><item><title>60-second start-up: Buzz My Biz</title><link>http://www.smarta.com/blog/2010/8/60-second-start-up-buzz-my-biz</link><pubDate>Tue, 24 Aug 2010 10:29:27 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/60-second-start-up-buzz-my-biz</guid><image><url>http://www.smarta.com/media/31089/Vicky 2.jpg</url><link>http://www.smarta.com/blog/2010/8/60-second-start-up-buzz-my-biz</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31089/Vicky 2.jpg" />
<p><strong></strong></p>

<p><strong>5-10&nbsp;seconds: What's the business
model?</strong></p>

<p>To give small businesses web presence, a key marketing tool,
marketing advice and supporting them to really take charge and
drive their businesses as well as encouraging people to support
their local businesses.</p>

<p><strong></strong></p>

<p><strong>10-15&nbsp;seconds: Who are your
competitors?</strong></p>

<p>None that I know of are providing the whole service that we
are.</p>

<p><strong></strong></p>

<p><strong>15-20&nbsp;seconds: What's your USP?</strong></p>

<p>Providing simple, affordable web presence with customer contact,
marketing advice and on-going support. Our free bizcards are also
pretty unique and will help spread the word.</p>

<p><strong></strong></p>

<p><strong>20-25&nbsp;seconds: How have you funded it so
far?</strong></p>

<p>A brief encounter with `critical illness' gave me the drive and
finance to start my own business.&nbsp; I'm now seeking investment
to develop the business.</p>

<p><strong></strong></p>

<p><strong>25-30&nbsp;seconds: What were you doing
before?</strong></p>

<p>I worked for a professional body in many roles including event
management, marketing, account management, customer service and
more recently worked with my husband to set up an online estate
agency.</p>

<p><strong></strong></p>

<p><strong>30-35&nbsp;seconds: Where did the idea come
from?</strong></p>

<p>Several ideas coming together - our own experience of looking
for a website designer - where to start, who to trust, the high
cost etc; the ongoing challenge of keeping in touch with customers
and also wanting more details about local businesses than the
endless online directories provide.</p>

<p><strong></strong></p>

<p><strong>35-40&nbsp;seconds: What's the smartest thing you've
done so far?</strong></p>

<p>Seeking advice and input from lots of different people.</p>

<p><strong></strong></p>

<p><strong>40-45&nbsp;seconds: What's the stupidest?</strong></p>

<p>Underestimating the time it takes to build a website! - thank
goodness we've done all the hard work for small businesses now and
created a very simple to use site.</p>

<p><strong></strong></p>

<p><strong>45-50&nbsp;seconds: If your business was a biscuit, what
type would it be?</strong></p>

<p>A Twix as it has a bit of everything and really is more than
just a biscuit - and we are only charging for&nbsp; custard
creams!</p>

<p><strong></strong></p>

<p><strong>50-55&nbsp;seconds: Which idea are you a bit jealous
of?</strong></p>

<p>Facebook and Google, obviously, and sites like Photobox and
LOVEFILM as they are such simple ideas.</p>

<p><strong></strong></p>

<p><strong>55-60&nbsp;seconds: Where are you going to be in 12
months' time?</strong></p>

<p>A really key and valued part of a small business' marketing mix,
and THE place to look for and support local businesses.</p>
 ]]></content:encoded></item><item><title>Young entrepreneurs: Meet this week’s bright young things</title><link>http://www.smarta.com/blog/2010/8/young-entrepreneurs-meet-this-week’s-bright-young-things</link><pubDate>Mon, 23 Aug 2010 12:59:15 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/young-entrepreneurs-meet-this-week’s-bright-young-things</guid><image><url>http://www.smarta.com/media/31082/Light Bulbs.jpg</url><link>http://www.smarta.com/blog/2010/8/young-entrepreneurs-meet-this-week’s-bright-young-things</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31082/Light Bulbs.jpg" />
<p>The most successful of the bunch is Christian Owens. &nbsp;The
16-year-old should be busying himself with videogames, coursework
and hormones. Instead, he's launched two successful businesses and
has just made his first million.</p>

<p>At just 14, Owens began stock-piling his weekly pocket money to
build his first venture, Mac Bundle Box. Launched in 2008, this
online business sells a combination of popular Mac applications for
a fraction of the price: "Retail: $458.59, Our Price $49" proclaims
the website.&nbsp; Mac Bundle Box pulled in a total turnover of
£700,000 in two years.&nbsp; But this young entrepreneur wasn't
content. He didn't retire to his Xbox or splurge his earnings on
wild parties. Instead, he reinvested the profits into the business
and, in 2009, started pay-per-click firm Branchr.</p>

<p>Branchr has notched up an impressive roster of clients including
William Hill and Myspace, turning over £0.5m in its first year. The
company sells more than 250 million adverts to 11,000 websites each
month. Owens has even completed his first acquisition. In August
2009, Branchr bought Atomplan, the SaaS collaboration suite, in a
cash and equity deal. Atomplan's CEO Mark Bao (another young
whippersnapper - Bao is only 18) is now CTO of Branchr.</p>

<p>Owens has ambitious plans for the future to boot. "I won't leave
Branchr until it has reached £100million," he told <em>The Daily
Mail</em>.</p>

<p>Twitter fans will doubtless have heard of 17-year-old James
Cunningham. The young entrepreneur &nbsp;caused a furore last
Tuesday with his Twifficiency service. Twifficiency spread through
the Twitterverse like wildfire, spamming users pages with their
"Twitter efficiency" scores and becoming a trending topic on
Twitter and Google. Bless him, young Cunningham was completely
bewildered by the viral success of his site: "It wasnt [sic] meant
to be spam," he announced on Twitter. "it wasn't mean [sic] to be
used by this many people. Nothing I ever do catches on so it wasnt
[sic] a concern".</p>

<p>Twitter suspended the app for breaking the cardinal rule of
"auto-tweeting" results. Cunningham told angry Tweeters:
"Twifficiency shouldn't tweet your score automatically :/ Error on
my behalf, I was just learning to use oAuth :(" Cunningham fixed
the glitch within 24 hours and the service was reinstated. Has
Cunningham made any money from this service? Not a penny. But you
can't buy the kind of publicity and kudos this kid has generated in
a few days.</p>

<p>Connor Pickering has got a cracking CV too - and he's only eight
years old. The kiddie entrepreneur launched a tuck shop at his
primary school to raise money for the Warwickshire &amp;
Northamptonshire Air Ambulance paramedic crew. Pickering earned
himself the moniker "Alan Sugar Jnr" for firing two of his
employees after they failed to meet sales targets. The young
entrepeneur used the <em>Apprentice</em> star's famous catchphrase
"You're fired" when his two friends failed to shift enough cupcakes
during break times.</p>

<p>Pickering raised a total of £150 for charity through his
fledgling venture and has announced intentions to follow in Lord
Sugar's footsteps by buying an ice-cream van when he grows up -
surely every eight-year-old's dream job.</p>

<p>Suralan, who joined Twitter last week, paid tribute to his
little protégée, writing:&nbsp; "What a fantastic young man. I
wasn't that entrepreneurial until I was 11 at least!" And Sugar
wasn't short of praise for another of our young businessmen: "Just
read about Christian Owens," he tweeted last Monday. "16 years old
and made his first million - now that beat me. Well done young
man."</p>

<p>But not all young entrepreneurs are lucky enough to receive such
support. In his <a
href="/blog/2010/8/jamie-dunn-18-years-old-522-days-until-millionaire-status"
 target="_blank">guest blog for Smarta</a>, 18-year-old Jamie Dunn,
founder of the Jamie Dunn Academy, announces his intention to be a
millionaire within two years. Dunn attended Peter Jones' National
Enterprise Academy and makes no bones about his desire to succeed.
"I have found that a lot of people say that I am boastful but I
believe that the things I have done so far have not touched upon
what I can achieve in the future." Comments on his blog include:
"Passion is impressive but what do you actually do? Teach others
about business when you haven't had a substantial business
yourself?" and "Ah, the naivete and arrogance of youth." Harsh
words for a young man who has overcome a number of obstacles to
succeed: "I didn't do very well in school," Dunn admits.</p>

<p>Despite the criticism levelled at Dunn, there's no denying that
the UK is a land of opportunity for young entrepreneurs. And, as
these success stories prove, no matter your age or experience, a
great idea can take you far.</p>

<p>&nbsp;</p>

<p>By Rebecca Burn-Callander</p>
 ]]></content:encoded></item><item><title>Death knells for wedding bells</title><link>http://www.smarta.com/blog/2010/8/death-knells-for-wedding-bells</link><pubDate>Wed, 18 Aug 2010 18:10:13 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/death-knells-for-wedding-bells</guid><image><url>http://www.smarta.com/media/31076/1126160_wedding_cake.jpg</url><link>http://www.smarta.com/blog/2010/8/death-knells-for-wedding-bells</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31076/1126160_wedding_cake.jpg" />
<p style="margin-bottom: 0cm;">There were casualties. Internet
wedding gift company, Wrapit, went into administration in August
2008, leaving over 2,000 newlywed couples without gifts on the big
day. Wedding guests lost an estimated £700,000.</p>

<p style="margin-bottom: 0cm;">&nbsp;</p>

<p style="margin-bottom: 0cm;">And the fall-off in nuptials
continues to take its toll on British businesses. Last week another
wedding business went into administration. Wedding planning and
supplies business Confetti was forced to close its stores in
Glasgow, Leeds, Birmingham, Reading and London and make over half
of its 94 staff redundant on Friday due to mounting debts.</p>

<p style="margin-bottom: 0cm;">&nbsp;</p>

<p style="margin-bottom: 0cm;">Founded in 1999 by David Lethbridge
and Andrew Doe, Confetti claimed a substantial chunk of the wedding
market, turning over £5.7m last year. The e-commerce arm
Confetti.com was receiving over eight million hits a month. But
when private equity firm Findel Group decided to offload sister
business Iwantoneofthose.com to the Hut Group for £600,000, the new
owners saw no future for the Confetti brand.</p>

<p style="margin-bottom: 0cm;">&nbsp;</p>

<p style="margin-bottom: 0cm;">Now, administrators RSM Tenon are
hoping to find a buyer for the chain. Kenny Craig, director with
RSM Tenon in Glasgow, told <em>The Daily Mail</em>: "The
administration presents an outstanding opportunity for a retail
business or entrepreneur to acquire an immediate presence in the
wedding and celebrations market."</p>

<p style="margin-bottom: 0cm;">&nbsp;</p>

<p style="margin-bottom: 0cm;">If you've got some cash to flash,
the deadline for bids closes on 23 August. But caveat emptor,
marriage rates continue to drop to new lows; you may have to start
a sideline in funerals. After all, nothing is certain but death and
taxes.</p>

<p
style="border: medium none; margin-bottom: 0cm; padding: 0cm; text-align: left;">
&nbsp;</p>

<p
style="border: medium none; margin-bottom: 0cm; padding: 0cm; text-align: left;">
By Rebecca Burn-Callander</p>
 ]]></content:encoded></item><item><title>Win tickets to 'Sharing the Secrets of Social Media'</title><link>http://www.smarta.com/blog/2010/8/win-tickets-to-sharing-the-secrets-of-social-media</link><pubDate>Wed, 18 Aug 2010 15:42:10 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/win-tickets-to-sharing-the-secrets-of-social-media</guid><image><url>http://www.smarta.com/media/31074/shaa-wasmund-banner.png</url><link>http://www.smarta.com/blog/2010/8/win-tickets-to-sharing-the-secrets-of-social-media</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31074/shaa-wasmund-banner.png" />
<p><span>For your chance to win, all you have to do is tell us, in
no more than 140 characters, why you should attend! Tweet
@shaawasmund.<br />
</span> <span><br />
 'Sharing the Secrets of Social Media' is a one-off event for
anyone determined to embrace social media to grow their businesses,
led by Smarta.com founder Shaa Wasmund.<br />
</span></p>

<p><span>To an invited audience of small business owners, Shaa will
share her experiences and tips for using social media to engage new
customers and outline how you can do the same.</span><span><br />
<br />
 In particular, Shaa will share:<br />
<br />
 · Why social media has the power to change the way we do
everything<br />
 · Why every road leads to Twitter<br />
 · How to get it spectacularly right... and wrong<br />
 · How she won a deal worth more than £500,000 within weeks of
using Twitter<br />
 · Twitter and beyond - what can Facebook, LinkedIn, Foursquare and
YouTube<br />
 · How to convert customers into fans and fans into customers<br />
 · Why social media, contrary to what the doubters say, is for
EVERY business<br />
 · How to develop a social media strategy that will work for your
business<br />
<br />
 <span><span>The event will take place on Thursday 2nd September at
the Sheraton Hotel, Park Lane, from 1-5pm with complimentary drinks
and snacks and the opportunity to network with fellow attendees and
of course Shaa!</span></span><br />
<br />
 If you don't tweet, you can always email
shaa@smarta.com</span></p>

<p><span>Don't wait, tell us why you should be invited!<br />
</span></p>
 ]]></content:encoded></item><item><title>Pirates to the rescue</title><link>http://www.smarta.com/blog/2010/8/pirates-to-the-rescue</link><pubDate>Tue, 17 Aug 2010 14:39:18 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/pirates-to-the-rescue</guid><image><url>http://www.smarta.com/media/31070/Pirate Flag.jpg</url><link>http://www.smarta.com/blog/2010/8/pirates-to-the-rescue</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31070/Pirate Flag.jpg" />
<p>Let me speak candidly: this event erred on the side of farce.
There was an hour segment devoted to holding a mock "pirate's
court", cue slanging match between the music industry executives
and the anti-copyright lobbyists in the audience- understandably
divided on the notion of copyright infringement.</p>

<p>The second half was more promising. A panel comprising Graham
Linehan, creator of <em>Father Ted</em> and <em>The IT Crowd</em>;
tech writer Wendy Grossman; Jamie King, writer and director of
<em>Steal This Film</em>; and economist Thierry Rayna tackled the
issue of piracy - will illicit technologies shape the long-term
future of British commerce?</p>

<p>The consensus from the panel was this: the music and media
industries have had a stranglehold on consumers for too long (I
shan't recount Linehan's hilarious Disney rant here; needless to
say it was colourful and impassioned). When the customer fights
back and demands content when, where and how they want it, they are
demonised by initiatives like the Digital Economy Bill.</p>

<p>Ultimately, Linehan hit the nail on the head. "Why hasn't
mainstream media worked out a way for people to buy single episodes
online for a few quid?" he asked. "There's no point demonising the
consumer for downloading content, when there's no easy, one-click
method of paying for instant downloads."</p>

<p>"And you can't use outdated arguments to hold back piracy," adds
Linehan. "Like that advert that says, 'You wouldn't steal a car'.
No. But I would if I could download it."</p>

<p>Intellectual property professor (and self-confessed anarchist)
Jamie King sees this as an incredible opportunity for
entrepreneurs. The media industry has failed to address the issue
for over a decade - "What's to stop one guy in his bedroom
providing the solution?" In fairness, a few trail-blazing SMEs are
already looking to fill the gap. Take Lovefilm, Simon Calver's
movie and game rental outfit, which allows subscribers to stream
films and series' direct from the site as part of their monthly
fee. And Apple may have cornered the market in music downloads with
iTunes, but it was UK-based 7Digital that offered the first
DRM-free download platform - where people actually pay for the
privilege.</p>

<p>Wendy Grossman makes the additional point that brand owners are
failing to capitalise on the incredible marketing power of the
illegal download market. "Social networks - including the
much-demonized P2P networks - provide the greatest mechanism for
word of mouth in the history of human culture," she says. "And, as
we all know, word of mouth is the most successful marketing
available, at least for entertainment. It also seems obvious that
P2P and social networks are a way for companies to gauge the
audience better before investing huge sums."</p>

<p>Grossman also believes that lessons learned from the pirates
will spawn a whole new wave of entrepreneurialism: artists turned
start-ups. "The real threat is always going to be artists taking
their business into their own hands. For every Lady Gaga there are
thousands of artists who, given some basic help can turn their work
into the kind of living wage that allows them to pursue their art
full-time and professionally. I would think there is a real
business in providing these artists with services. This was the
impulse behind the foundation of <a
href="http://www.cdbaby.com/">CDBaby</a>, and now of Jamie King's
<a href="http://www.vodo.net/">VoDo</a>. In the long run, things
like this are the real game-changers."</p>

<p>Pirates have long been a disruptive force on the status quo,
whether it be on the high seas, or via Bit Torrent. Old media
businesses need to adapt to compete. But in the meantime, it's a
niche that's ripe for entrepreneurs.</p>

<p><em>Have pirate technologies helped you evolve your business
model? Tell us your story - leave a comment below.</em></p>

<p>By Rebecca Burn-Callander</p>
 ]]></content:encoded></item><item><title>Dragons' Den: episode six, reviewed</title><link>http://www.smarta.com/blog/2010/8/dragons-den-episode-six-reviewed</link><pubDate>Tue, 17 Aug 2010 14:19:48 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/dragons-den-episode-six-reviewed</guid><image><url>http://www.smarta.com/media/30942/dragonsden.jpg</url><link>http://www.smarta.com/blog/2010/8/dragons-den-episode-six-reviewed</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/30942/dragonsden.jpg" />
<p>The first entrepreneurs to tentatively enter the Den were Faizal
Khan and Gary Hilman of <a href="http://www.peelengineering.co.uk/"
target="_blank">Peel Engineering</a>, who wanted £80,000 for 10%
equity and "a little piece of history". Faizal and Gary had created
the smallest cars of all time, and had already sold 14 to the
museum chain, <a href="http://www.ripleys.com/"
target="_blank">Ripleys Believe it or Not</a>, with the aim to sell
more. They hoped that with thousands of children viewing the cars
each day, they could develop toys and board games to sell as part
of the brand.</p>

<p>Theo, Duncan, and Peter all had a ride in the cars, and then it
was time to talk business. Peter discovered that Faizal and Gary
had a two year deal with Ripleys, meaning they couldn't sell the
cars anywhere else. The entrepreneurs stood firm, though, stating
that the cars were only part of their business: their ambitions lie
with selling the merchandise. Unfortunately neither Fiazal nor Gary
seemed particularly sure about how they'd go about doing this. This
annoyed Peter, who asked "So you want me to make a business plan
for you?"</p>

<p>Deborah also found issue with the apparent lack of business
plan, stating that the men seemed "completely half-cocked."</p>

<p>Faizal and Gary looked to be out of luck, as the Dragons quickly
began declaring themselves out. Their one ray of hope lay with the
only remaining Dragon, James Caan, who'd remained quiet throughout
the interrogation. Whether James was feeling charitable, really saw
an opportunity for profit in the business, or just has a weakness
for tiny cars, he made an offer. All the money they needed, but for
a whopping 50% of the business!</p>

<p>After quiet deliberation, Gary and Faizal suggested a creative
alternative: 30% equity, two of the cars, and the promise that if
he doesn't recoup his investment within two years, they'll return
it. This was a shrewd negotiation tactic: and James quickly
accepted their proposal.</p>

<p>Faizal and Gary definitely got lucky that James saw the
potential in their business: without a clear business plan they
seemed doomed to fail.</p>

<p>Of course, no episode of Dragons' Den would be complete without
the traditional 'it started so well, but then rapidly went downhill
until you were covering your eyes' pitch. This came in the form of
Jacqueline McKay, founder of Angel Cot. She wanted £150,000 for a
40% stake in her suitcase-come-baby cot and changing station.
Everything seemed to make sense, and soon it was time to crunch the
numbers…Oh, no actually it was time for Jacqueline to sing a song
about her product.</p>

<p>Once that was over, I mean, finished, Deborah began her
questions. It seemed that Jacqueline had a very unsteady
understanding of estimated turnover. This wasn't the only thing to
annoy the Dragons, as none of them actually liked her product as a
whole, thinking it didn't really solve a problem, and tried to do
too much.</p>

<p>The Dragons all declared themselves out, and while several
offered words of advice, Duncan was quick to give his own opinion.
He told Jacqueline that her product was "ugly" and "ridiculous",
and that she should give up. She dejectedly left the Den.</p>

<p>Jacqueline had tried to do too much with her product, and had no
real business plan. As Deborah said, "Sometimes the answer isn't to
bundle everything together." If you can do one thing well, just do
that!</p>

<p>The last contestant to enter the Den this week was Ralf Klinnert
of <a href="http://www.funky-moves.co.uk/" target="_blank">Funky
Moves</a>. He needed £120,000 for a 20% share in his electronic
interactive sports cone game. Ralf's pitch was strong, but ended
awkwardly when all Dragons declined to try his product.</p>

<p>Things didn't go well after that. When asked how he'd spend the
money, Ralf shocked the Dragons by revealing the staggeringly high
quotes he'd been given to mass produce his product. The disclosure
that he'd received a government grant for £148,000 also worked
against him, making Duncan very angry. Duncan stated he was "sick
and tired of government grants that are given out to worthless
businesses". He said only an idiot would invest, and declared
himself out, alongside Deborah and James.</p>

<p>Peter, however, liked that Ralf had already expanded his target
market from primary schools into football clubs, and his suggestion
that production costs could be lowered. Peter soon offered £60,000
for 25%, quickly matched by Theo.</p>

<p>Ralf seemed unsure, and unconfidently asked if the Dragons would
negotiate, however after some words of advice from Peter, happily
accepted the deal.</p>

<p>This episode demonstrated quite obviously the importance of a
clear business plan. If you're looking for investment, you've got
to be able to actually explain both what your business is, and how
it's going to make money. If you don't have that, then unless
you're very lucky, you'll be turned away regardless of how great
your product is.</p>

<p><strong>If you missed this episode of Dragons' Den, catch up <a
href="http://www.bbc.co.uk/programmes/b00tj02n"
target="_blank">here</a>!</strong></p>
 ]]></content:encoded></item><item><title>You're missing the point, Vince</title><link>http://www.smarta.com/blog/2010/8/youre-missing-the-point-vince</link><pubDate>Mon, 16 Aug 2010 16:25:21 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/youre-missing-the-point-vince</guid><image><url>http://www.smarta.com/media/31067/vincecable.jpg</url><link>http://www.smarta.com/blog/2010/8/youre-missing-the-point-vince</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31067/vincecable.jpg" />
<p>Firstly, he is a seasoned entrepreneur with a real knack for
slashing spending without cutting jobs. Secondly, he has an
international outlook. His business interests in Europe and across
the Atlantic give him a unique insight into Britain as a member of
the global community.</p>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
For years, entrepreneurs have complained that government doesn't
listen to their needs, doesn't draw on their expertise to make UK
plc an economic force to be reckoned with. The appointment of Alan
Sugar to the much-publicised enterprise tsar role marked a turn in
the tide. Next up, Martha Lane Fox was installed as digital
champion. Baby steps, but evidence of a real willingness from the
powers that be to utilise this untapped resource.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
Yes, the government have latched on to celebrity figures. They
haven't gone for the unsung heroes and they have milked the
headlines dry. But it is still a step in the right direction,
surely?</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
Now, Whitehall has drafted in Arcadia boss Philip Green to advise
on cutting spending. This is a stroke of genius for a number of
reasons. Firstly, he is a seasoned entrepreneur with a real knack
for slashing spending without cutting jobs. Secondly, he has an
international outlook. His business interests in Europe and across
the Atlantic give him a unique insight into Britain as a member of
the global community. And why has nobody talked about the fact that
he's not being paid? Can you imagine the consultancy fee for
getting Green to go through your balance sheet with a fine-tooth
comb? Our public sector is getting all this good stuff
gratis.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
What about his tax avoidance, you ask? Yes, Green has taken
advantage of offshore tax arrangements to avoid paying over a
billion notes to the treasury. Yes, this has put a few noses out of
joint. But you cannot deny that it is this business nous that makes
him so desirable as an advisor.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
Yesterday, business secretary Vince Cable lambasted government for
appointing the Topshop owner. Vince told City Am: "I remain of the
general view that British businesspeople should pay their taxes in
Britain. I'd have thought the point was clear that at a time when
the government has an enormous deficit to deal with, we can't
afford to indulge tax avoidance."</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
I think you're missing the point here, Vince. Entrepreneurs like
Green only moved their assets offshore as a result of tax hikes and
a dearth of business incentives at home. Working closely with Green
is an opportunity for you to find out how the big earners can be
lured back to our shores. It's not a time for finger pointing and
hot air.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
For a moment there, a sort of Dunkirk spirit was evident in
government. Danny Alexander, chief secretary to the treasury said:
"Tough decisions need to be taken in order to ensure that Britain
lives within its means. By being prepared to do things differently,
we can ensure that this process will enable us to get more for
less, and support our front line services."</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
Differences were being put aside for the greater good of Britain.
It was inspiring to hear Green's commitment to his new role: "I
will give this efficiency review my very best effort knowing how
hugely important it is to the recovery of the country. I want to
help focus, motivate and energize to achieve these efficiency
savings. &nbsp;It is these actions that will re-start growth in the
UK."</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
Green has precious little time to make his recommendations to
Whitehall - the review will be published on October 20 this year.
Let's hold off the naysaying and backbiting for this tiny window, a
month or so.</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
</div>

<div id="_mcePaste"
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;">
Who knows, this newfound kinship between government and enterprise
could yield real results for our green and pleasant land.Firstly,
he is a seasoned entrepreneur with a real knack for slashing
spending without cutting jobs. Secondly, he has an international
outlook. His business interests in Europe and across the Atlantic
give him a unique insight into Britain as a member of the global
community.</div>

<p>And why has nobody talked about the fact that he's not being
paid? Can you imagine the consultancy fee for getting Green to go
through your balance sheet with a fine-tooth comb? Our public
sector is getting all this good stuff gratis.</p>

<p>What about his tax avoidance, you ask? Yes, Green has taken
advantage of offshore tax arrangements to avoid paying over a
billion notes to the treasury. Yes, this has put a few noses out of
joint. But you cannot deny that it is this business nous that makes
him so desirable as an advisor.</p>

<p>Yesterday, business secretary Vince Cable lambasted government
for appointing the Topshop owner. Vince told <em>City Am</em>: "I
remain of the general view that British businesspeople should pay
their taxes in Britain. I'd have thought the point was clear that
at a time when the government has an enormous deficit to deal with,
we can't afford to indulge tax avoidance."</p>

<p>I think you're missing the point here, Vince.</p>

<p>Entrepreneurs like Green only moved their assets offshore as a
result of tax hikes and a dearth of business incentives at home.
Working closely with Green is an opportunity for you to find out
how the big earners can be lured back to our shores. It's not a
time for finger pointing and hot air.</p>

<p>For a moment there, a sort of Dunkirk spirit was evident in
government. Danny Alexander, chief secretary to the treasury said:
"Tough decisions need to be taken in order to ensure that Britain
lives within its means. By being prepared to do things differently,
we can ensure that this process will enable us to get more for
less, and support our front line services."</p>

<p>Differences were being put aside for the greater good of
Britain. It was inspiring to hear Green's commitment to his new
role: "I will give this efficiency review my very best effort
knowing how hugely important it is to the recovery of the country.
I want to help focus, motivate and energize to achieve these
efficiency savings. &nbsp;It is these actions that will re-start
growth in the UK."</p>

<p>Green has precious little time to make his recommendations to
Whitehall - the review will be published on October 20 this year.
Let's hold off the naysaying and backbiting for this tiny window, a
month or so.</p>

<p>Who knows, this newfound kinship between government and
enterprise could yield real results for our green and pleasant
land.</p>

<p>By Rebecca Burn-Callander</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
 ]]></content:encoded></item><item><title>Jamie Dunn: 18 years old, 522 days until millionaire status</title><link>http://www.smarta.com/blog/2010/8/jamie-dunn-18-years-old-522-days-until-millionaire-status</link><pubDate>Fri, 13 Aug 2010 11:53:54 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/jamie-dunn-18-years-old-522-days-until-millionaire-status</guid><image><url>http://www.smarta.com/media/2483414/jamie dunn.jpg</url><link>http://www.smarta.com/blog/2010/8/jamie-dunn-18-years-old-522-days-until-millionaire-status</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/2483414/jamie dunn.jpg" />
<p>&nbsp;</p>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">My name is Jamie Dunn, I'm an 18-year-old
entrepreneur and I aim to be a millionaire by the time I turn
20.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">I've been in business since I was 12, when I
started a market stall. Ever since my first item sold on my stall,
I knew that business was what I wanted to do - and what I was
destined for, in a way. It sounds very clichéd but it was like one
of those moments when suddenly everything clicks and you just know
within yourself that it feels right - just like when you complete a
jigsaw and everything looks perfect. That's what the feeling of
business gives me.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">After establishing my stall and starting to earn
regular good money, I decided that I wanted something bigger and
wanted to really make a name for myself. But I didn't know where to
start. I didn't do very well in school, and although I managed to
blag a college place I quickly discovered it wasn't the route for
me. And it certainly wasn't going to make me my millions! So I
dropped out of college. Twice.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">But then I found my path.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">Only two days after I decided to quit and leave
college to set up a student magazine, I found a better opportunity:
The National Enterprise Academy. It's founded and run by
entrepreneur and Dragons' Den star Peter Jones, for young
entrepreneurs. I applied and went through many challenging
projects, tasks and personality tests, and a couple of months down
the line I got the call to say: "You're in." That call changed my
life.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">I moved to Buckinghamshire for six months to take
part in the Academy along with 27 other young entrepreneurs from
across the country. As soon as I walked into the Academy I knew it
would change me and give me everything I needed to succeed. And it
did. I became highly skilled in all aspects of business and
developed a number of ideas there that I'm still involved with
today. I met top people from the biggest organisations, and being
in that environment for six months gave me everything I
needed.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">Since graduating I have gone on to spread the
message of young entrepreneurship and the power of believing in
yourself. I'm now a mentor, coach and speaker and have recently set
up The Jamie Dunn Academy that acts as an umbrella company for
everything that I do within my business life. I have delivered
speeches for public organisations such as The Prince's Trust and
worked with private companies on how to involve youth within their
business, as well as motivating their current workforce in the
process.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">I have been approached by Virgin to take part in
their Virgin Media Pioneer programme and became one of the selected
few sponsored Pioneers to post regular blog videos and share my
journey with other entrepreneurs on the site. I co-host a
successful radio show within Birmingham with a fellow entrepreneur,
Mr. NK. I have plans to develop a project or programme that I can
deliver within schools to help young people believe in themselves
and how to make the best of their talents. I am also now on the
board for Young Enterprise. My reputation continues to grow within
business as one of the best young entrepreneurs in the
country.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">I have found that a lot of people say that I am
boastful but I believe that the things I have done so far have not
touched upon what I can achieve in the future. Within everything I
do I spread the message and power of what believing in yourself can
achieve.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">So what's it like to be a teenager in
business?</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste"></div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">Well, it's always a great mystery to old-school
people who still think that going into the army after school is
people's first option. But now the profile of young entrepreneurs
has started to rise, people are suddenly trying to break the mould,
and it is quickly becoming the 'in' thing to try and do.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">Being a teenager and having experienced everything
that a teenager goes through, I know the things that are in place
that aren't doing their jobs correctly, despite trying the hardest
they can and giving their all - it simply comes down to the fact
that most teenagers are oblivious to a different, positive world.
Together I think we can stop that and empower the next generation
to become the best individuals they can be. Believe it. Achieve
it.</div>

<p>After establishing my stall and starting to earn regular good
money, I decided that I wanted something bigger and wanted to
really make a name for myself. But I didn't know where to start. I
didn't do very well in school, and although I managed to blag a
college place I quickly discovered it wasn't the route for me. And
it certainly wasn't going to make me my millions! So I dropped out
of college. Twice.</p>

<p>But then I found my path.</p>

<p>Only two days after I decided to quit and leave college to set
up a student magazine, I found a better opportunity: The National
Enterprise Academy. It's founded and run by entrepreneur and
Dragons' Den star Peter Jones, for young entrepreneurs. I applied
and went through many challenging projects, tasks and personality
tests, and a couple of months down the line I got the call to say:
"You're in." That call changed my life.</p>

<p>I moved to Buckinghamshire for six months to take part in the
Academy along with 27 other young entrepreneurs from across the
country. As soon as I walked into the Academy I knew it would
change me and give me everything I needed to succeed. And it did. I
became highly skilled in all aspects of business and developed a
number of ideas there that I'm still involved with today. I met top
people from the biggest organisations, and being in that
environment for six months gave me everything I needed.</p>

<p>Since graduating I have gone on to spread the message of young
entrepreneurship and the power of believing in yourself. I'm now a
mentor, coach and speaker and have recently set up The Jamie Dunn
Academy that acts as an umbrella company for everything that I do
within my business life. I have delivered speeches for public
organisations such as The Prince's Trust and worked with private
companies on how to involve youth within their business, as well as
motivating their current workforce in the process.</p>

<p>I have been approached by Virgin to take part in their Virgin
Media Pioneer programme and became one of the selected few
sponsored Pioneers to post regular blog videos and share my journey
with other entrepreneurs on the site. I co-host a successful radio
show within Birmingham with a fellow entrepreneur, Mr. NK. I have
plans to develop a project or programme that I can deliver within
schools to help young people believe in themselves and how to make
the best of their talents. I am also now on the board for Young
Enterprise. My reputation continues to grow within business as one
of the best young entrepreneurs in the country.</p>

<p>I have found that a lot of people say that I am boastful but I
believe that the things I have done so far have not touched upon
what I can achieve in the future. Within everything I do I spread
the message and power of what believing in yourself can
achieve.</p>

<p>So what's it like to be a teenager in business?</p>

<p>Well, it's always a great mystery to old-school people who still
think that going into the army after school is people's first
option. But now the profile of young entrepreneurs has started to
rise, people are suddenly trying to break the mould, and it is
quickly becoming the 'in' thing to try and do.</p>

<p>Being a teenager and having experienced everything that a
teenager goes through, I know the things that are in place that
aren't doing their jobs correctly, despite trying the hardest they
can and giving their all - it simply comes down to the fact that
most teenagers are oblivious to a different, positive world.
Together I think we can stop that and empower the next generation
to become the best individuals they can be. Believe it. Achieve
it.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
 ]]></content:encoded></item><item><title>Learning from Disney</title><link>http://www.smarta.com/blog/2010/8/learning-from-disney</link><pubDate>Wed, 11 Aug 2010 16:53:07 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/learning-from-disney</guid><image><url>http://www.smarta.com/media/31059/florida-disney.jpg</url><link>http://www.smarta.com/blog/2010/8/learning-from-disney</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31059/florida-disney.jpg" />
<p>1. <strong>Have a passion for your product</strong></p>

<p>Walt Disney was a perfectionist, who spent years ensuring each
movie was exactly how he wanted it. If your product doesn't make
you excited, how will it excite anyone else?</p>

<p>2. <strong>Provide the best customer service</strong></p>

<p>Staff at Disney parks are famous for great customer service.
Everyone is friendly, polite, and more than willing to help with
anything. Remember that it's not just about selling your product,
great customer service should continue after the purchase has been
made. Contact your customer to check they're satisfied, and offer
free telephone support if they're not. It may seem like hard work,
but your customers will reward you through recommendations to their
friends.</p>

<p>3. <strong>Keep your business up-to-date</strong></p>

<p>The Disney Corporation has been around for almost 90 years, but
is still one of the most popular brands. Disney stays fresh by
bringing in new people, merging with successful businesses such as
Pixar, and undertaking countless amounts of market research.
Someone will eventually make a similar product to yours, and sell
it for a fraction of your price. Keep developing ways to improve
your product. Work with people who inspire you and add value to
your business: but don't recruit willy nilly, because that's a sure
way to lose money.</p>

<p>4. <strong>Sell sell sell</strong></p>

<p>If you've ever been to a Disney park, you'll know how much
merchandise is available. Not only do people buy tickets to get in,
and food once inside, but after riding rollercoasters based on
films, they rush outside to buy merchandise. Cross selling is the
key. For example, if you sell an eBook, also offer an audio
version, video version, hard copy, study guide etc. If you sell
cameras, sell cleaning equipment, photo paper, frames, albums and
so on. See our feature on cross selling <a
href="/advice/sales-and-marketing/sales/cross-selling-10-ways-to-sell-more-to-your-customer"
 target="_blank">here</a>.</p>

<p>5. <strong>Know when to pull the plug</strong></p>

<p>Walt Disney dreamed of opening a circus inside Disney World. It
ran for one day and was a complete disaster. At the end of that
first day he shut it down. If things start to plummet, and there
seems no solution, don't be afraid to cut your losses and move on.
Fighting to the end can sometimes work, but will cost you time and
money, which you might not have. Know when to call it a day.</p>

<p>So remember, while Disney may be bringing in the billions,
there's still room for the little guy. There's no need to bother
the fairy godmother just yet.</p>
 ]]></content:encoded></item><item><title>ASOS and Rubbersole.co.uk - lesson on getting online retail right</title><link>http://www.smarta.com/blog/2010/8/asos-and-rubbersolecouk---lesson-on-getting-online-retail-right</link><pubDate>Wed, 11 Aug 2010 11:17:37 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/asos-and-rubbersolecouk---lesson-on-getting-online-retail-right</guid><image><url>http://www.smarta.com/media/2480356/asos and rubbersole.jpg</url><link>http://www.smarta.com/blog/2010/8/asos-and-rubbersolecouk---lesson-on-getting-online-retail-right</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/2480356/asos and rubbersole.jpg" />
<p>On the flip side, a solid returns policy can be enough to
convert a browsing web user into a paying customer. Take ASOS - I
knew its <a href="http://www.asos.com/pgehtml.aspx?cid=9548"
target="_blank">returns policy</a> would allow me to return shoes
for free if they didn't fit, which meant I was happy to buy them
online then try them on afterwards rather than going to a shop to
make sure they fitted.</p>

<p>What I didn't know was quite how efficient the ASOS returns
system would be. I got a very simple form in the shoe box that just
asked me to tick whether I wanted a refund or to exchange the
shoes, complete with a sticker for the box printed with their
address. All I then had to do was take it to the Post Office. All
free, and exceptionally simple.</p>

<p>Making it that easy to return and refund items may seem
counterintuitive to profit-making, but actually it means I'll be
shopping with them a lot more in future. Also, I was so pleasantly
surprised by the process I told my housemates how good it was (much
to their rapturous attention), and, as you can see, I'm now
blogging on it. Which means a good dose positive word of mouth for
ASOS: probably the most valuable form of marketing there is, and
definitely the most difficult to achieve.</p>

<p>Then there was Rubbersole.co.uk. I'd never heard of the site
before, but a search on Google for 'Birkenstocks fast delivery' (I
needed them by the end of the week ready for holiday!) nudged them
to the number one spot on Google results. Fast delivery indeed -
Rubbersole.co.uk promises next working day delivery for all orders
placed before 4pm. That's much quicker than bigger retailers such
as ASOS and John Lewis, which it was competing against for this
particular product.</p>

<p>Rubbersole had obviously invested in the right keywords for what
it does ('fast delivery' and the brand name) and had cannily
identified a very strong USP that its better-known rivals just
couldn't match.</p>

<p>Another massive turn-off for online shoppers visiting a website
they haven't heard of before is if that site contains even a whiff
of suspiciousness. If you're putting your credit card details into
a website you're unfamiliar with, you need every reassurance
possible that the people behind it aren't crooks. Which is why site
design on smaller websites is so crucial; it has to feel as
professional as big retailers' web presences, if not more.
Rubbersole ticked that box, but I still wasn't fully sold.
'Verified by Visa' and 'Mastercard Securecode' logos helped, but
they can be easily faked. So I searched Google for reviews on
Rubbersole - and this is where the really crucial part of online
retail kicks in for less well-known online retailers.</p>

<p>I found nothing but glowing reports of Rubbersole's service.
That was the push that converted me into a buyer - reassured by
others, I put my card details into a website I had never heard of
15 minutes before and made a purchase.</p>

<p>The key here is that when you're selling online, you have to
work even harder to convert your customers into fans, so they
spread the word about how great you are, which will then reassure
other future potential customers. Reviews written on Rubbersole all
beamed about the amazing customer service and the speedy delivery.
And if customers felt strongly enough to spend time writing reviews
on the business, that really is exceptional customer service.</p>

<p>So if you're selling online, make sure you give the best
customer service your buyers have ever experienced (or at least
close to it). Because that is what will get them talking about you
elsewhere online and offline positively, which is what will then
reassure future browsers that you're trustworthy, which is what
will convert them into buyers - and make you money.</p>

<p>&nbsp;</p>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">ASOS and Rubbersole.co.uk - lessons on how to get
internet business right</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">Well done ASOS and Rubbersole.co.uk, you have made
me a delighted shopper. My online shoe-buying experiences this week
demonstrated perfectly how to get it right as an online
retailer.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">First up, let's take ASOS: the master of returns.
One of the biggest sticklers for online shoppers, particularly when
they're looking for clothes or shoes, is the risk whatever they buy
won't fit or look right or turn out to be as they had imagined. The
thought of paying several pounds to return an item you only paid
£10 or £20 for in the first place can be a pretty strong
disincentive to take the risk on buying that item in the first
place.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">On the flip side, a solid returns policy can be
enough to convert a browsing web user into a paying customer. Take
ASOS - I knew its returns policy would allow me to return shoes for
free if they didn't fit, which meant I was happy to buy them online
then try them on afterwards rather than going to a shop to make
sure they fitted.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">What I didn't know was quite how efficient the ASOS
returns system would be. I got a very simple form in the shoe box
that just asked me to tick whether I wanted a refund or to exchange
the shoes, complete with a sticker for the box printed with their
address. All I then had to do was take it to the Post Office. All
free, and exceptionally simple.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">Making it that easy to return and refund items may
seem counterintuitive to profit-making, but actually it means I'll
be shopping with them a lot more in future. Also, I was so
pleasantly surprised by the process I told my housemates how good
it was (much to their rapturous attention), and, as you can see,
I'm now blogging on it. Which means a good dose positive word of
mouth for ASOS: probably the most valuable form of marketing there
is, and definitely the most difficult to achieve.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">Then there was Rubbersole.co.uk. I'd never heard of
the site before, but a search on Google for 'Birkenstocks fast
delivery' (I needed them by the end of the week ready for holiday!)
nudged them to the number one spot on Google results. Fast delivery
indeed - Rubbersole.co.uk promises next working day delivery for
all orders placed before 4pm. That's much quicker than bigger
retailers such as ASOS and John Lewis, which it was competing
against for this particular product.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">Rubbersole had obviously invested in the right
keywords for what it does ('fast delivery' and the brand name) and
had cannily identified a very strong USP that its better-known
rivals just couldn't match.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">Another massive turn-off for online shoppers
visiting a website they haven't heard of before is if that site
contains even a whiff of suspiciousness. If you're putting your
credit card details into a website you're unfamiliar with, you need
every reassurance possible that the people behind it aren't crooks.
Which is why site design on smaller websites is so crucial; it has
to feel as professional as big retailers' web presences, if not
more. Rubbersole ticked that box, but I still wasn't fully sold.
'Verified by Visa' and 'Mastercard Securecode' logos helped, but
they can be easily faked. So I searched Google for reviews on
Rubbersole - and this is where the really crucial part of online
retail kicks in for less well-known online retailers.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">I found nothing but glowing reports of Rubbersole's
service. That was the push that converted me into a buyer -
reassured by others, I put my card details into a website I had
never heard of 15 minutes before and made a purchase.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">The key here is that when you're selling online,
you have to work even harder to convert your customers into fans,
so they spread the word about how great you are, which will then
reassure other future potential customers. Reviews written on
Rubbersole all beamed about the amazing customer service and the
speedy delivery. And if customers felt strongly enough to spend
time writing reviews on the business, that really is exceptional
customer service.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;"
 id="_mcePaste">So if you're selling online, make sure you give the
best customer service your buyers have ever experienced (or at
least close to it). Because that is what will get them talking
about you elsewhere online and offline positively, which is what
will then reassure future browsers that you're trustworthy, which
is what will convert them into buyers - and make you money</div>
 ]]></content:encoded></item><item><title>Dragons' Den: episode five, reviewed</title><link>http://www.smarta.com/blog/2010/8/dragons-den-episode-five-reviewed</link><pubDate>Tue, 10 Aug 2010 11:15:25 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/dragons-den-episode-five-reviewed</guid><image><url>http://www.smarta.com/media/30942/dragonsden.jpg</url><link>http://www.smarta.com/blog/2010/8/dragons-den-episode-five-reviewed</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/30942/dragonsden.jpg" />
<p>What was more interesting in last night's episode than the
formulaic peaks and troughs (geddit?) was the pitch that occupied
the middle ground. Neither instantly as diabolical as pig-feed Paul
or as obviously investable as the wedge wellie (which, despite
being ugly, did win offers from three Dragons), the other main show
of the night was Tree of Knowledge, a motivational training and
education business headed up by the perfectly affable Alan Burton
and Gavin Oattes.</p>

<p>Tree of Knowledge ticked plenty of Dragon boxes. Alan and Gavin
were both ex-teachers, and had developed a pod-based kit for eight
to 18-year-olds packed with team-building activities and games, all
linked to lesson plans and the curriculum. They provided the pod to
schools along with two-day training sessions - a combination coming
in at the profit-margin-happy price of £1,600. Despite the hefty
price tag, their training and pods had been taken up by so many
schools across Scotland that they'd 'basically reached market
saturation' there. (And, as Duncan pointed out, a lot of those
schools were notoriously troublesome and difficult cases to break,
which made their success all the more notable.)</p>

<p>So, to the figures: £360,000 turnover in their first year, which
boiled down to £180,000 gross profit and £20,000 net. That net
profit went up to a forecast of £340,000 for the year ahead, but
the prediction was reasonable.</p>

<p>Alan and Gavin had also begun forging paths in new markets,
expanding into corporate training days, which had racked up £15,000
revenue in just six months. Next up were plans to grow into the
rest of the UK and carry on with training days. Tick again.</p>

<p>Theo Paphitis raised the first major concern here - if they'd
reached market saturation in Scotland, surely that would happen
again once they'd sold their product and services to the rest of
the schools in the UK and the business would peak? Why weren't they
evolving new versions or updates to the pods to keep a steady
stream of revenue trickling in? The couple countered calmly -
that's exactly what they were doing, with new pods already underway
and further bespoke themed pods commissioned by heritage
organisations.</p>

<p>On top of all that seeming perfection, Alan and Gavin were great
pitchers and people: clearly passionate about what they were doing,
likeable, un-argumentative, calm under pressure and full of energy.
In fact, Peter Jones said in <a href="http://www.thenea.org"
target="_blank">the last few years he'd been doing educational and
training work</a>, they were 'probably the most impressive people'
he'd seen.</p>

<p>So went wrong? Why didn't they walk out the Den with an
offer?</p>

<p>The first issue was the cost: they wanted £100,000 for 10% of
their business. Peter Jones actually offered half that, but the
other Dragons wouldn't meet him halfway for a really interesting
reason - namely, because the pair were almost too good at what they
did.</p>

<p>Let's look at James Caan's declaration of being out. He was
'amazed' at the rates they were getting and 'amazed' at how many
schools they were in, but said the issue was 'this is a pure people
business'. He was worried there was no real investment
potential.</p>

<p>The trouble was, the business was limited by Alan and Gavin
being so good it would be difficult, if not damaging to the brand,
to find other people to fill their boots at training days. Which
meant the business couldn't scale in a big way, or particularly
quickly.</p>

<p>For Deborah Meaden, the issue was Gavin and Alan were 'clearly
the experts in the room'. That left little room for her to do
anything with the business - she couldn't add value.</p>

<p>Theo Paphitis 'desperately' wanted to invest, but the £100,000
cost of doing so meant he would have to take significantly more
equity than 10%, "which would mean you had less incentive to work."
And as the business was all about them, it really needed them to
own more of it.</p>

<p>All of which raised a very interesting dilemma: Gavin and Alan
were almost too much at the centre of their business. So much
hinged on their personal talents that the business' size was
limited.</p>

<p>On the up-side, this meant they perhaps didn't need the
investment they thought they did, and all the Dragons seemed sure
they would succeed anyway. But therein lays a very important lesson
for investment hunters: you need to have a product that can scale.
Your talents and time alone can not, and that will put off an angel
looking for fast growth.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>
 ]]></content:encoded></item><item><title>Free tickets to Fresh Business Thinking: LIVE!</title><link>http://www.smarta.com/blog/2010/8/free-tickets-to-fresh-business-thinking-live</link><pubDate>Fri, 06 Aug 2010 12:35:51 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/free-tickets-to-fresh-business-thinking-live</guid><image><url>http://www.smarta.com/media/31037/business conference.jpg</url><link>http://www.smarta.com/blog/2010/8/free-tickets-to-fresh-business-thinking-live</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/31037/business conference.jpg" />
<p>All you have to do to get your free tickets is enter the code
'smartavip' into <a
href="http://freshbusinessthinkinglive.eventbrite.com"
target="_blank">this page</a>.</p>

<p>Fresh Business Thinking: LIVE! is a huge event that brings
together a host of experts to help you develop the vital skills
needed to grow or improve your business.</p>

<p>Topics covered will include:</p>

<ul>
<li>Finance</li>

<li>Legal &amp; Hr</li>

<li>Sales</li>

<li>Marketing</li>

<li>Leadership</li>
</ul>

<p>The event takes place on Wednesday 8th September 2010, from
9.00AM-6.00PM, at Old Billingsgate in London.</p>

<p>With a recommended price of £195 each these tickets won't be
around for long!</p>

<p>We'll see you there.</p>
 ]]></content:encoded></item><item><title>Doug Richard: What the f**k does your website do for you?</title><link>http://www.smarta.com/blog/2010/8/doug-richard-what-the-fstarstark-does-your-website-do-for-you</link><pubDate>Thu, 05 Aug 2010 17:34:27 GMT</pubDate><guid>http://www.smarta.com/blog/2010/8/doug-richard-what-the-fstarstark-does-your-website-do-for-you</guid><image><url>http://www.smarta.com/media/2044533/doug.jpg</url><link>http://www.smarta.com/blog/2010/8/doug-richard-what-the-fstarstark-does-your-website-do-for-you</link></image><content:encoded><![CDATA[ <img src="http://www.smarta.com/media/2044533/doug.jpg" />
<p>And far far too many do not let you purchase when, where and how
you want to purchase the goods you want. Too many, do not even let
you get the information you want on your way to the purchase.</p>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">One of the first things I like to do when I invite
a small company on-stage at a School for Startups event is to call
their website on screen. After all, a website is fast becoming the
front door to every business in the world, local or distant.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">It makes no difference whether you are a
restaurant, a dry cleaner, a cutting edge web service or a high
tech manufacturer: your website and your affiliated presence across
the web is your identity not just a signpost to it.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">And yet, when the websites flash up on the 30 foot
screen behind my head, it is all too often a cringeworthy moment.
So many business-to-business sites are bland, undirected hoardings
spouting corporate vagaries. So many consumer sites are
bewildering, amateurish and confusing.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">And far far too many do not let you purchase when,
where and how you want to purchase the goods you want. Too many, do
not even let you get the information you want on your way to the
purchase.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">And of course, many companies are only a website;
they are difficult to find in the first place. They don't exist
outside the confines of their site, as though sitting behind their
little front page waiting for someone to knock, or call is adequate
in this time of change.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">How many people with static websites don't even
realise they are isolated from real commerce and real opportunities
because they are not within the gated walls of the truly important
players such as Amazon, Ebay, Etsy or Alibaba? How many local
businesses understand the tectonic importance of Google Local or
Google Product or Google Vendor Pages?</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">The answer is all too many, of course. And that sad
part of all this is it unnecessary. There is a logical and
learnable path from understanding your actual unique selling
proposition to how you optimise your site, how you use
pay-per-click to what other sites you should be leveraging.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">There are wonderful, effortless ways to create a
straight forward user experience on your site. There are clear
simple tools to know what your customers think and act upon
it.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">There are excellent and fun ways to let people know
that you are in business, that you have special offers, that you do
something different or unique.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">You can engage directly with the market, you can
set yourself apart from your competitors, you can delight your
customers unexpectedly and confound your opponents.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">You can leap buildings in a single bound and see
through walls. And it is all because of the web.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">But you don't. And I believe profoundly that it is
because no one shows you how. The entire mission of School for
Startups has been and continues to be helping people start and grow
successful businesses.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">In 2010 that means making the most of the world
that we live in today and that world is one that is increasingly
meshed with the internet. It is not just the front page of your
site. It is how you and your business engage with people across
your entire organisation: it's sourcing, distribution, marketing,
purchasing, customer service and sales. It's everything.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">I have spent the last six months working with some
of the top people involved in small business and the web creating a
course for small businesses who want to catch up and get
ahead.</div>

<div
style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"
 id="_mcePaste">I believe that I can take any small business, local
or global, product or service, and, in 48 hours, change it forever.
So I am holding a bootcamp over two days in Sheffield, called 'Made
in 48 Hours'. And in that course I hope to show what I know and
teach you that your business can b</div>

<p>And of course, many companies are only a website; they are
difficult to find in the first place. They don't exist outside the
confines of their site, as though sitting behind their little front
page waiting for someone to knock, or call is adequate in this time
of change.</p>

<p>How many people with static websites don't even realise they are
isolated from real commerce and real opportunities because they are
not within the gated walls of the truly important players such as
Amazon, Ebay, Etsy or Alibaba? How many local businesses understand
the tectonic importance of Google Local or Google Product or Google
Vendor Pages?</p>

<p>The answer is all too many, of course. And that sad part of all
this is it unnecessary. There is a logical and learnable path from
understanding your actual unique selling proposition to how you
optimise your site, how you use pay-per-click to what other sites
you should be leveraging.</p>

<p>There are wonderful, effortless ways to create a straight
forward user experience on your site. There are clear simple tools
to know what your customers think and act upon it.</p>

<p>There are excellent and fun ways to let people know that you are
in business, that you have special offers, that you do something
different or unique.</p>

<p>You can engage directly with the market, you can set yourself
apart from your competitors, you can delight your customers
unexpectedly and confound your opponents.</p>

<p>You can leap buildings in a single bound and see through walls.
And it is all because of the web.</p>

<p>But you don't. And I believe profoundly that it is because no
one shows you how. The entire mission of School for Startups has
been and continues to be helping people start and grow successful
businesses.</p>

<p>In 2010 that means making the most of the world that we live in
today and that world is one that is increasingly meshed with the
internet. It is not just the front page of your site. It is how you
and your business engage with people across your entire
organisation: it's sourcing, distribution, marketing, purchasing,
customer service and sales. It's everything.</p>

<p>I have spent the last six months working with some of the top
people involved in small business and the web creating a course for
small businesses who want to catch up and get ahead.</p>

<p>I believe that I can take any small business, local or global,
product or service, and, in 48 hours, change it forever. So I am
holding a bootcamp over two days in Sheffield, called 'Made in 48
Hours'. And in that course I hope to show what I know and teach you
that your business can be changed forever.</p>

<p>&nbsp;</p>

<p><strong>Find out more about Made in 48 hours:</strong></p>

<p><a
href="http://www.schoolforstartups.co.uk/made-in-48-hours-sheffield/"
 target="_blank"><strong>http://www.schoolforstartups.co.uk/made-in-48-hours-sheffield/</strong></a></p>

<p><a
href="/competitions/win-a-ticket-to-made-in-48-hours"><strong>Enter
Smarta's competition to win a free ticket worth
£375</strong></a><strong>.</strong></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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