Make Your Mark Blog

great article on web mission 08 and what it takes to be a uk tech entrepreneur.

http://uk.news.yahoo.com/techdigest/20080423/ttc-web-mission-08-how-to-be-a-uk-tech-e-e870a33.html

but if you want a quick summary…

1.  You need to have a monster ego.

2.  You need to have an Eureka moment.

3.  You need to work that idea.

4.  You need to rope in your techie mate.

6.  You need to get the business plan together.

8.  You will probably need to seek round one funding.

9.  You need to go for scale or go for the cash.

11.  You need to have an exit strategy.

Article also talks about how hard it is for UK tech start-ups to get any sort of funding from american VC’s and how a lot of the british webmissionaries are suffering from severe Silicon Valley envy!

This entry was posted on Wednesday, April 23rd, 2008 at 2:36 pm and is filed under Enterprise Week. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.