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The Burnout UK Epidemic: Managing in the world of entrepreneurship

Burnout is a common issue that affects millions of people around the world. No more so than for entrepreneurs placing everything on the line to launch their businesses. 

This article explores burnout causes and potential solutions from exercise and breathing exercises, to innovative potential solutions like water soluble CBD.

Whether working from home, in an office, or any other work environment, the pressure to perform can quickly lead to exhaustion, cynicism, and a lack of motivation. It’s a vicious cycle that can be hard to escape, but it’s not impossible. read more

How Much Does It Cost to Start Your Own Business?

When it comes to launching a brand-new startup business many entrepreneurs miscalculate how expensive it is to launch, and what sorts of things that they will need to spend money on to make their business successful.

We explore some of the main start-up costs that efficient small businesses owners may need to consider when they set up a new business. Not all these business startup costs apply to absolutely every business, but they might apply to certain types of business.

Also, many of these costs will apply to all businesses, so it is a good idea to familiarize yourself with some of the common expenses and business costs that entrepreneurs should have planned and covered for in their business plan, and for employees forms, the use of a w9 creator can be the best choice. read more

Startups & Covid-19

This week we spoke to Harun, the Co-founder & COO of Glorifyapp.com about the effects of Covid-19 on Glorify. Glorify is a Saas design tool created specifically for eCommerce entrepreneurs. It eliminates the need for professional designers, making it easy for anyone to design product imagery and marketing content for their e-commerce business in just a few clicks.

Our interview with Harun:

How has the coronavirus impacted your business?

Glorify is performing very well despite the coronavirus outbreak. Our greatest asset is that our company has a solid runway and therefore, all our key players have remained intact and have been working harder than ever to grow the business.  read more

Startups & Covid-19

This we spoke to Chantal, the Founder of the music licensing for performance sports platform ClickNClear, to find out how Covid-19 is effecting her business.

Our interview with Chantal:

How has coronavirus impacted your business?

It has certainly affected our market (we license music to performance sports) and slowed a few things down but it has not drastically impacted our business yet. We are still early stage and technically pre-revenue and were planning on launching in the summer. It may delay our launch slightly but we do not see it drastically affecting when we will be revenue generating. Sports events will happen again, it’s just a question of when so we just need to be as prepared as possible. read more

#SixtySecondStartup

This week we spoke to Sara, Co-founder of On Good Authority – a premium outdoor lifestyle brand with sustainability at its heart. In the middle of fundraising before Covid-19 struck, Sara spoke to us about how they have had to change their business plans and why shopping sustainably is more important than ever.

Co-founders Sara & Hannah

Our interview with Sara:

What does your company do?

On Good Authority is a premium outdoor lifestyle brand that merges contemporary styling with waterproof technology using recycled fabrics and non-toxic water repellency techniques. We bridge the gap between fashion and function in a truly conscious way. read more

Startups & Covid-19

This week we spoke to Rob Pringle the Co-Founder of Kinsume about how they are adapting to the effects of Covid-19.

Kinsume offers unlimited scalability to influencers’ work by enabling them to earn money from recommending their favourite products to their followers and friends. Operating in ecommerce and online shopping, they have had to change their approach to counter the fall in usage that they have experienced.

Our interview with Rob:

How has coronavirus impacted your business?

As we operate in ecommerce and online shopping, we’ve seen a significant fall in usage and sales through our platform. This is exacerbated by the nature of the products we mostly deal with: fashion, beauty products, makeup – mostly non-essential items purchased after recommendation from influencers and content creators. Mapping out your business plans in advance with the help of Andy Defrancesco is a great idea. read more

#SixtySecondStartup

Our latest #SixtySecondStartup is with Demos Co-founder of Blazon, a new social media service for startups. We spoke to him about why they set up the company, how they started to grow it and what effects Covid-19 has been having on their business.

Co-Founders Nargis and Demos

Our interview with Demos:

What does your company do?

We are a social media services company to help startups be more active on social media channels with a low cost and flexible solution.

Why did you set up this company?

We were frustrated with the types of social media agencies out there not catering for startups. Solutions were expensive and not adaptive to the constant changes in a startup. We know what it’s like to build a startup and we want to champion startups in any way possible to give them a greater chance of success. read more

Startups & Covid-19

In this blog series we are speaking to founders of startups to find out how coronavirus has effected their business, how they have adapted, and any tips they have to help others cope with these challenges. If you are struggling to adapt or looking for some advice, make sure to have a read of our interviews.

Our first interview is with Edward Upton, Founder and CEO of Littledata, which is an ecommerce analytics app and Google Analytics consultants for Shopify and Shopify Plus.

How has coronavirus impacted your business? read more

#SixtySecondStartup

This week’s #SixtySecondStartup is with Giuliano, the Co-founder of Get Groomed. He started Get Groomed with his Co-founder Sabrina after moving to London and realising how inconvenient it was to get an appointment at a barber shop. Spotting a gap in the market, he started Get Groomed which allows people to book a barber to their home or office. Since starting 2 years ago, Get Groomed has now rolled out across London.

Giuliano and Sabrina, Co-founders of Get Groomed

Our interview with Giuliano:

What does your company do?

We connect mobile barbers with customer. Customers can book barbers to come to their home, office, a hotel or where ever they may be. We also provide male beauty services for weddings and events.  read more

#SixtySecondStartup

In this week’s #SixtySecondStartup, we spoke to Will Ross who is the Founder of Tendo, a skills passport for frontline workers. Will started Tendo to make frontline work more secure for employees and to make it easier for companies to hire, retain and train their workforce.

Our interview with Will:

What does your company do?

Tendo allows frontline workers to generate workplace credentials while they do their jobs, building a verified, portable history of skills and hours at the end of each week. read more

Behind the Raise

Welcome to the first of our Behind the Raise blog series! We know how difficult fundraising can be, so these interviews offer some tips, advice and insight into what has worked for different entrepreneurs.

For our inaugural interview, we are delighted to be speaking to Andrea Armanni, Co-founder of Mammalo. Mammalo is transforming the service industry by making it easy and quick for people to book the services they need. Through Mammalo, people are paired up with local professionals, making it hassle free to get the boiler repaired, hire a photographer or source a makeup artist. read more

#SixtySecondStartup

Our latest #sixtysecondstartup interview is with Greg Geny, Co-founder and CEO of BeRightBack (BRB). Fed up of spending so much time planning weekend breaks, he decided to create the world’s first travel subscription service to make booking short trips easy. Through BRB, customers get 3 trips every year to surprise European destinations, making travel fun and stress free.

Our interview with Greg:

What does your company do?

BRB is the world’s first travel subscription service. We offer customers 3 trips per year to surprise European destinations for a fixed monthly fee. read more

#SixtySecondStartup

This month our sixty second interview is with Firdaus Mogul, Founder of Check An Invoice. Check An Invoice uses AI and machine learning to identify invoice fraud. Firdaus set up this business after one of his friends was a victim of invoice fraud and he realised that there were no products addressing this problem.

Our interview with Firdaus:

What does your company do?

We identify and prevent invoice fraud using the latest advances in artificial intelligence and machine learning.

Why did you set up this company? read more

#SixtySecondStartup

Welcome to the first in the series of our #SixtySecondStartup blog. Each month we will be profiling a different founder with some quick fire questions.

This week we are talking to Julian Hall, Founder of Ultra Education C.I.C. Ultra Education teaches young people aged 7-18 entrepreneurial skills to help them grow or start a business. Through their app they ensure that all young people, regardless of their background, have access to the tools needed to develop their entrepreneurial skills.

Our interview with Julian: read more

A worldview on startup stats

Angel Investment Network connects startups and investors from all over the world. But what does the current global startup climate look like? We have drawn together some statistics to give a brief global overview. 

In terms of numbers, the USA has by far the most number of startups at 46,606.  The UK comes in third place, with 4,901, just a couple of thousand behind India.

However, despite the USA having the highest number of startups, it is Uganda which has the greatest number of entrepreneurs per adult population at 28.1%. Interestingly, 5 out of the 15 countries with the highest proportion of entrepreneurs are in Africa, and Southeast Asia and South America are represented by 4 countries each. read more