Each and every year, I have the pleasure of judging at the Rice Business Plan Competition. Tens of thousands of enterprising students from around the world compete, with a handful making it to the finals in Houston, Texas. At this incredible event, student entrepreneurs pitch to the crème-de-la-crème of global…
Originally Published in Entrepreneur Country, July 2013 “Throughout much of history… ” writes Prof. Edward Barbier, “a critical driving force behind global economic development has been the response of society to the scarcity of key natural resources, such as land, forests, fish, fossil fuels and minerals. Increasing scarcity raises the cost of exploiting…
An interview with Tim Berry, a world expert on business planning Plans are the DNA of business, containing all the base information needed to form a strategic framework for the growth, direction and shape of an enterprise. Whether you are launching a new business, growing an existing enterprise, or even…
An Interview with Chris Guillebeau, author of the $100 Entrepreneur As the FT reported in January 2012, “…in the United States and other developed markets, SMEs commonly account for half or more of gross domestic product…. A recent study from the European Commission indicates that SMEs generated 85 per cent…
In 1919, a man started a small business selling surplus groceries from a market stall in East London. His first day’s sales were £4, giving a profit of £1 (around £178.00 in sales and £44.00 profit in today’s money). Fast-forward around 90 years and this business now generates over £50…