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Recruiting & Networking

Advice and tips about the importance of recruiting a good team for your business and for networking using the various tools available to everyone.

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Networking & Recruiting

Networking & Recruiting

Being an entrepreneur is often an independent endeavour initially. However, as your business idea develops into reality you are going to need help along the way. To this end, recruiting a good team to work alongside, as well as connecting with key business contacts through networking are essential tips for building a business.

Thankfully, there are numerous ways to find the perfect people to recruit. To do this, there are three key tips:

#1: Your social network. You'd be surprised by the diverse skill sets that your friends have. Take advantage of these relationships and recruit those you think would benefit the company.

#2: http://www.founder2be.com/ is a brilliant website that connects people wanting to create Startups. You can join with tech co-founders, marketers, developers, and many more to start your company with.



#3: LinkedIn. This popular business networking site is a great way to search for recruits. You can clearly see what experience people have, and then choose someone who is most suited to your organisation.

Networking Team

Networking is also very important. Through LinkedIn, it is easier than ever before to do this. Moreover, it is easy to obtain the email address of many influential contacts - try to let as many people know about your business and what you are trying to achieve. Networking also goes further than the computer screen. You should try to connect with people in person as much as you can. Through this, potential contacts feel more comfortable and likely to help you and your business to succeed.

The last bit of advice for you is: Don't be too proud to accept favours or too secretive to tell anyone about your idea. The 'you scratch my back, I'll scratch yours' sentiment goes a long way when starting a business.

 

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The Business Model Canvas

The Business Model Canvas is a necessity for anyone starting a business and clearly presents each section that entrepreneurs must take into account when thinking about planning a future business.

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Working on the Business Model Canvas

Working on the Business Model Canvas

Below is The Business Model Canvas - an absolute necessity for anyone starting a business. It details clearly every section that one must think about for the creation of a new company; from cost structure to customer relationships. Download the canvas, print out the large canvas, and start planning your future business model now!

The Business Model Canvas

Source: http://www.businessmodelgeneration.com/canvas



 

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Business

Student Entrepreneur Guide

A student’s view of how to be an entrepreneur and build your company with the constraints of University life.

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How to Be an Entrepreneur

At University, the extent of entrepreneurial activity rarely surpasses idealistic conversations at the pub. On numerous occasions I've exclaimed "Why hasn't that been invented yet!" and promised a mate that we'd do it and be rich beyond our wildest dreams. But these dreams never become reality. So how can I move from over excitedly splashing Fosters onto my housemate's shoes to becoming a successful student entrepreneur?
There are four skills you need if you are going to succeed as a student entrepreneur: intelligence, hard work,  innovation and resilience. A healthy dollop of luck always helps too. But let's say you have all of this in abundance, where do you go next? Well, the first thing you have to realise is that you'll be sacrificing a lot in starting a new business. Creating a company is time consuming and will likely mean you'll have to cut down social activities. Once you've accepted this then you can move forward.

So where next? Grab a pen & paper, and begin making a chart with all your ideas (no matter how unrealistic or crazy you think they are) - then just carry on your normal day-to-day routine but at the end of every day try to add another idea to the chart. Once satisfied with the number of ideas on your chart, review each one and pick the three best. Now fill out a Business Model Canvas for each idea. As these business plans develop, one will hopefully stand out as the obvious choice for your new business. Once you have chosen one, work on a more detailed business plan.



Now all you need is the finance to make your business a reality, and also should start thinking about recruiting staff to help your company succeed!

 

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Erasmus for Young Entrepreneurs

Erasmus for Young Entrepreneurs gives students the opportunity to develop entrepreneurial skills during their Erasmus year.

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Entrepreneurship Education

Entrepreneurship Education

Erasmus for Young Entrepreneurs is a fantastic way to either develop your skills as a new entrepreneur in a small to medium-sized enterprise or to improve your business as a host entrepreneur through the presence of a motivated, new worker. Both parties benefit greatly from the programme and often gain invaluable lessons that can be carried forward in the participants' professional lives.

The criteria for applicants is based on two areas:

#1 New Entrepreneur: You have to be a serious budding entrepreneur looking to get some first-hand experience of a real-world entrepreneurial working environment. You also need to have a concrete business idea, reflected in a business plan, and be motivated to contribute to the development of your hosts' business.

#2 Host Entrepreneur: You have to be a person directly involved with entrepreneurship and a company that has been established for over 3 years. You must also be willing to mentor your new entrepreneur and give him/her the opportunity to contribute to the development of your company.



On the Erasmus for Young Entrepreneurs website, there is a clear guide about how to apply. To summarise this, there is a simple tool through which one must fill out the necessary information. After this you have to choose a local contact point - this is the place that you will be living during your year in industry. Here you will find the email address of the designated contact that you will have to get in touch with in order to sort out the logistics of your placement. On the website, you can also find other useful information about the programme, as well as success stories of people who have previously undertaken Erasmus for Young Entrepreneurs.

Find out more information here: http://www.erasmus-entrepreneurs.eu/index.php#.Ui2a2mQpav8

 

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