MarcCom is gladly proud to participate in organising a leading event “StartUp Saudi Arabia” at the Ritz Carlton Jeddah 4-6 Nov 2017. Under the patronage of HRH Prince Khalid Al-Faisal, Advisor to the Custodian of the Holy Mosques, Governor of Makkah Region, Umm Al-Qura University represented by Wadi Makkah Technology Company, is organizing StartUp Saudi Arabia Forum. Read more
Would you allocate more of society’s resources to giving birth to more babies or to raising children well? Now, think about enterprise creation and the challenge of economic growth. Societies’ leaders need to rebalance entrepreneurship policy towards scale, not start.
In recent years, we have been witnessing a significant global shift in attitudes towards entrepreneurship in countries around the globe. This is reflected in the dramatic proliferation of start-up programs: Start-up America, Start-up Chile, Start-up Russia, Start-up Britain, Start-up Weekend, and dozens of others. “Start-up” has replaced “Silicon” as the reigning entrepreneurship buzzword: There is hardly a country or city that is lacking a start-up program. Read more
By Peter Rouse
There are many reasons why start-up culture in the US is so much more vibrant and persistent than in the UK. What is clear is that the US is home to some of the largest tech-based businesses in the world and innovative business models continue to stream out from this admittedly large developed economy. In the US there is a level of sophistication with regard to managing ownership and reward in startups that seems to be lacking in the UK. Could it be that US start-ups are more likely to succeed and thrive because they can attract and retain key talent using methodologies that are virtually unknown here in the UK? Read more
BY KATE DOUGLAS
Mitchell Elegbe, founder and group managing director of Nigeria’s Interswitch Limited, a pan-African integrated payment and transaction processing company, has some advice for entrepreneurs that not everyone agrees with. He believes entrepreneurs should consider giving up the ownership of their companies when first starting out.
“This is very controversial advice because every time I have mentioned it to entrepreneurs they don’t take it seriously. I don’t know if you are aware, but when I started Interswitch I did not have a single share in the business… and I gave up 100% ownership,” Elegbe told How we made it in Africa. Read more
Necessity isn’t always the mother of invention.
Lots of the things we rely on to cure our diseases, cook our meals, and sweeten our days weren’t deliberately designed. Instead, they were a happy accident.
Read on to see how society-shaping inventions — from Coca-Cola to penicillin and the microwave oven — came about by chance.
BY DRAKE BAER