Startup

A startup is a company working to solve a problem where the solution is not obvious and success is not guaranteed,” says Neil Blumenthal, cofounder and co-CEO of Warby Parker.

A startup is an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing or offering an innovative product, process or service.

A startup is a company that is in the first stage of its operations. These companies are often initially bankrolled by their entrepreneurial founders as they attempt to capitalize on developing a product or service for which they believe there is a demand. http://www.investopedia.com/terms/s/startup.asp

There are a myriad of straws that can break start-ups backs. Usually they boil down to time and money or more specifically timing and lack of money.  Compounding issues of gaps in the management’s business skill set often add to a devil’s brew.

Clock and papers accompanying the article. the time is ticking for start-ups. Company Connecting article. Why do Start-Ups go Bust? by Keith Wilson

James Holland talked with Graham Smith of Wiseman Designs on the highs and lows of going it alone with your own small business. Graham and his partner, Richard started the company in 2011. They saw the potential of Android to be a serious competitor to Apple and Blackberry.

Graham provides some great advice to potential customers looking to develop and App, as well as to App developers building Apps.

Picture of a Nexus and Wiseman Designs logo accompany Graham Smith's article on the highs and lows of starting a small business

This week and next we are concentrating on what is happening in the Aberdeen area.  We are taking a closer look at the data we have in the Company Connecting database and publishing several ‘Nutshells’ on some interesting entrepreneurs working in technology.

Autumn picture of the RGU campus accompanying the article What is happening in Aberdeen? Loads  of interesting technology.

‘What do you do with your Proof of Concept’? In our case, as well as the usual stuff of questionnaires and feedback testing  – you put it to work to choose a supplier!

This week's start up article is about what we did next once we had completed the work on the Proof of Concept. 

‘What do you do with your Proof of Concept’ . Company Connecting Startup series part 10.

What do you do with your Proof of Concept? The Startup Experience Part Ten

Our startup article this week is all about getting feedback on our proof of concept. During the time we were working with Strathclyde University to develop the Proof of Concept, we continued to add and refine our information on IT companies, and to build our network. Once the Proof of Concept...

A few weeks ago I wrote about my experiences with Interface Online and the help I received in finding a University I could collaborate with to get Company Connecting off the ground. I had already started to develop the methodology for collecting and categorising the information on IT companies, and now I needed a framework to enable people to search and see the data to get a better idea of what I wanted Company Connecting to be.

I worked with Strathclyde University ...

Company Connecting startup series image of a woman sitting on a bench with a laptop. Accompanies the ninth article in the series: Developing the Proof of Concept for Company Connecting.

Developing the Proof of Concept for Company Connecting. The Startup experience Part Nine

This week’s article follows on from my article on working with Interface Online to get help from a Scottish University to develop the Proof of Concept (POC) for Company Connecting. I worked with Dr. Martin Halvey of Strathclyde University over a couple of months to get the POC in place. It was a...

I recently read an article by Tom Popomaronis, ‘Science says you shouldn’t work more than this number of hours a week’ which started me thinking about the hours I work and have worked in the past. The guts of the article is that working too long can affect your health and your personal life and after a certain number of hours, productivity declines.

I don’t think there are any surprises in the article but my response is that the number of hours and the reason for working these hours DEPENDS on so many different things. Working in IT, I have had my share of all nighters, and this is the case in many other professions e.g. the military, farming, hospitality, doctors and husky drivers (see photo).

huskies pulling a sled. Accompanies Company Connecting article. How many hours is too Many?

How many hours a week is too many? Company Connecting Startup Experience: Part Eight

In this week’s Startup Experience article we take a look at working hours. The inspiration is an article by Tom Popomaronis, ‘Science says you shouldn’t work more than this...

Last week I wrote about the help I received attending the Highlands & Island Enterprise Pathfinder Accelerator. It helped me to shape the Company Connecting business by making me spend time on the direction of the business instead of just ‘doing’. The discipline of carrying out our ‘homework’, defining the company strategic was a painful and exhilarating experience. 

Getting Company Connecting off the ground with Interface Online. The Startup experience:  Part Seven