Delegation

In entrepreneurship, delegation is often seen as perhaps something akin to a four-letter-word. I have met countless founders over the years who have been nothing short of insistent that they should know every last detail about every part of the business. We’ve all met the sort before, the archetypal ‘micro manager.’ The problem remains however, that as businesses scale… the want to know everything may not leave you, the ability surely will. A key part of every entrepreneur’s toolkit therefore has to be the ability to delegate.

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Entrepreneurship as Experimentation

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 investment professionals (VC’s, angels, and more) and eventually make it through a series of rounds to a final where they stand to win some serious…

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Mining Man’s Final Frontier

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 existing natural resources and creates incentives in all economies to innovate and conserve.  However, economies have also responded to increasing scarcity by obtaining and developing…

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The Secrets of Business Planning

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 creating a venture within an existing corporation- chances are the first step in your journey will be the business plan.  In fact, for those wishing…

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The Role of Fashion in Human Culture

In these exclusive interviews, we speak to Claudia Schiffer (a globally renowned model, icon andbusinesswoman), Robin Givhan (Pulitzer Prize winning fashion writer and former special correspondent for Newsweek/Daily Beast) and Dov Charney (CEO and Founder of American Apparel). We discuss the very fundamental questions of ‘what’ fashion is, and how it has become such an important part of human culture and identity. Digging deeper, we also look at issues ranging from brand, to sexuality and even the business of fashion itself.

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The $100 Entrepreneur Phenomenon

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 of all new jobs in the European Union from 2002 to 2010…”  In an April 2012 interview with this site, Prof. Mark Hart (who heads…

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The Role of SME’s in the UK Economy

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 billion in annual revenue, employs around 472,000 people worldwide and generates £6,000 in profit every single minute of every single day.  This business is TESCO…

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