It is Not Luck that Drives Entrepreneurs - It's Timing

By Dr Shai Vyakarnam

When should we attempt to enter the market? When can we start to talk about our ideas? And who else is doing the same thing?

Under these various conditions of uncertainty, we come across the ‘window of opportunity’.

Getting a product to market can take a long time. Ensuring its robustness, trialling it, researching markets, and gathering resources are all long-winded processes so…

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Entrepreneurs: Knowing When to Take a Step Back

By Team BGP

It's often difficult for an entrepreneur to know the right time to hand over the reins of their company.

There's certainly no shortage of company founders who claim to have been unfairly ousted from the role of CEO of their own company by their investors. However, a transition in the role of the company founder does not have to end in tears, many entrepreneurs successfully manage a change in leadership, both for themselves and their businesses.

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3 Top Tips For Selling a Business

By Team BGP

Jamie Waller has been there and done it, when he joined the Business Growth Programme in 2010, his business was turning over £4m and losing £400k per year. In 2016, Jamie sold that business for over £40m!

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Business Growth Programme: In Their Own Words

By Matt Puttick

The benefits gained by each participant are unique as the Business Growth Programme (BGP) is centred entirely on the reality of your business – your current challenges, opportunities, future goals and ambitions.

Here is a sample of our magnificent alumni, a cross-section from the BGP’s long history which has seen more than 2,300 owner-managers complete the programme, recounting their different experiences of the BGP and the unique benefits to themseves and their businesses.

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Letting New Hands Take the Helm

By Team BGP

The challenge of handing on the baton to the next generation has not become any easier.

With family businesses still accounting for 70-95% of the commercial enterprises in most countries, just 30% of EU-based family businesses survive to the next generation (according to trade association European Family Businesses). This is fairly consistent across the developed world, which means, statistically, just 1% will progress from the fourth to fifth generation.

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4 Proven Strategies for Entrepreneurial Success

By Team BGP

More than half of business start-ups fail after four to five years, and of those that survive only around 4% become successful. One of the aspects that distinguishes these entrepreneurs from the competition is their approach to strategy.

Successful entrepreneurs tend to embrace rather than reject corporate strategies, and they will often trade off or tone down brash entrepreneurial behaviour for a more civilised approach. This results in a strategy with a winning formula for entrepreneurs...

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The new business tool that could save you time and boost your growth (for free!)

By Matt Puttick

What could you achieve in 20 minutes? Catch-up on emails, make that call you keep putting off, take a quick look at the figures and see if you're on track? OR, create a 14-page business growth plan that will benchmark you against some of the UK's most successful entrepreneurs?

A no-brainer, right? And it sounds a little unachievable, but thankfully, that's not the case, there's now a tool that will help you achieve exactly that. Launched by Cranfield School of Management, the Business Growth...

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How digital can help an SME Business effectively launch a product

By Guest Blog

Guest blog, provided by Sean Singleton, BGP Alumni, Managing Director at Your Favourite Story.

The beauty of digital marketing is it allows SME businesses to punch massively above their weight. However, it's not easy and requires effort and expertise.

It is becoming increasingly difficult for SME businesses to find new effective routes to engage customers at every level. As product lifecycles continue to decrease and brand loyalty is at an all-time low, businesses must re-examine marketing...

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Become a 'Corporate Athlete' and Perform Under Pressure

By Dr Veronica Burke

When it comes to achieving success in business, the route to the top is not dissimilar to that taken by elite athletes. Top performers in sport and business understand how to optimise their psychological and physical strengths to cope well under pressure.

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Everything You Need to Know About Managing Conflict at Work

By Dr Veronica Burke

Believe it or not, conflict in the workplace can be a good thing, it can also be a very bad thing. In simple terms, conflict is a form of interaction between parties who differ in interests, perceptions or preferences. It is an inevitable part of organisational life and can take many forms.

Pressure to meet performance targets, lack of resources, rapid organisational change and power differences may all give rise to conflict and as a result, effective conflict handling is a critical...

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Managing a Family Business in an 'Entrepreneurial Manner'

By Dr Muhammad Azam Roomi

Family businesses make numerous, critical contributions to the economy and to family wellbeing. This is both in terms of money / income and such intangibles as time, flexibility, control and personal expertise …

... that’s if they work. When they don’t, family businesses can be difficult to manage and painful experiences, at best.

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We Need Entrepreneurship That is Meaningful

By Dr Shai Vyakarnam

There is an urgent need to help find ideas and propositions that have the capacity to transform people’s lives.

The drivers for a sea change in entrepreneurship started in 1991 when the Berlin Wall came down and when India and China embraced open(ish) market systems. It’s been said there used to be two labour forces, one in the Soviet (closed) economic system and the other in the capitalist system with one and half billion working people in each. After 1991, we have one overall system of...
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How To Write An Effective Business Plan To Secure Start-up Funding

By Dr Steffi Hussels

Prospective investors usually require business plans as a first step to assess an investment opportunity. In this way, a business plan serves as a means of communicating a new business venture’s potential to an investor in a logical, accessible, and consistent manner.

good business plan hence needs to carefully articulate the opportunity, the strategy and resource requirements, outline risks and rewards, and introduce the management team.

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WATCH: Our Story - by Your Favourite Story

By Team BGP

Our Story by Your Favourite Story

Your Favourite Story are a full-service Digital Marketing Agency based in Spitalfields, London.

Julian Mitchell (Founder & CEO) and Sean Singleton (Managing Director) both attended the Business Growth Programme, this is Julian's story:

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10 Essential Management Issues That Must Be Avoided

By Team BGP

We’ve worked with more than 700 senior managers in Small to Medium Sized businesses (SMEs) in the last few years, and found a number of issues common to all.  We would like to share our Top 10 with you.

The single, most important difference between successful businesses and also-rans is the quality of the senior team.  The skills shelf-life of new and experienced managers is becoming shorter and shorter.  If we don’t widen and deepen our management skills base our competitors will take our...

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