business ideas

Business Ideas Going to Waste

MBAs have 100 bright ideas but no time to develop them The smartest business brains have 100 bright ideas every year, but no time to turn their eureka moments into a commercial reality. That’s according to a survey of 4,500 MBAs and business professionals from the UK and around the world who are slaves to their Blackberrys rather than their brainchildren. 62% of those polled by MBA & Company say they have 100 great business ideas a year but half of those don’t follow them up because they are too busy. The majority (59%) admit to never switching off their smartphones, with 1 in 3 constantly monitoring their emails and working at weekends. “It’s quite a sad state of affairs when the cream of business brains don’t have the time to let their ideas free,” says Daniel Callaghan, ... »

Business Ideas: Friends Think you have a Great Business Idea? Prove it!

Who has never seduced friends and family with a business idea? Guess what? They’re biased! Your enthusiasm along with the fact that the people you question are influenced by their connection to you means this data is far from relevant. Although many start-ups develop detailed business plans before they launch their business which is of course vital, much of the research done for the business plan is limited. Either limited to secondary or biased primary research. Having a great idea needs to be proven. Moreover it must be proven in a reliable way. Questioning biased participants is not viable and will not aid your product or service launch, if anything it will hinder it as you go forward with your business plan with unreliable and biased figures. A great business idea will not be an instan... »

Dame Ellen Floats Business Ideas for Circular Economy

Ellen MacArthur today embarks on the latest challenge of her remarkable career, launching a charitable foundation, supported by key business sector leaders, to focus on how young people in education, learning from the latest business ideas, can help to build a sustainable future. The move is part of a very different journey for MacArthur, who became a sporting legend in 2001 after finishing second in the Vendée Globe solo, non-stop round the world race and again in 2005 as the fastest person to sail single-handedly around the world. It was during that epic voyage that she began to realise there was an even greater challenge ahead. Round-the-World sailing involved the management of limited resources at sea; to be fast you have to be light, so MacArthur managed these resources down to the la... »