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Various entrepreneurship and start-up technology thoughts
Geeks & investors, are they oil & water? Lets mix it up a bit…
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There’re a ton of networking events taking place in Bristol, but there appears to be a gap around the business of doing business in the digital media / interactive technologies / software
development type area. Simon Bunker launched Open Coffee Bristol almost a year ago but it never really achieved critical mass and became a bit of a pub session to discuss technology (mostly mobile), which is cool but doesn’t address this gap.

So is there a gap? Well I think so, and from the feedback at a South West Screen event promoting access to digital media finance, quite a few others think so also. The one clear call after the event was for more structured networking with investors. There was a corollary to that, Andy made the point that there’s no shortage of ideas in Bristol but that’s different to commercial propositions (rather than grant applications, lifestyle support schemes, and one-off art commissioning). The Angel/VC representatives at the event suggested there was no shortage of money, though getting to it might be a bit harder at the moment.
A recent lunch hosted by Nigel Belletty at Milsted Langdon saw the local banks cautiously talking up the business environment in Bristol. Clearly it’s in their interests not to run to the hills screaming “Doomed, we’re all dooooomed” but they were talking about businesses with revenues, customers, products, markets all seeing growth and approaching them for conventional banking services. The point of concern (from my perspective) was the lack of local angels that were prepared to consider digital media / innovation investment prospects. If you have a physical product to show off, you’re probably OK, otherwise you’re probably looking to London or beyond. Which is nuts. This is the 21C, the knowledge economy, mobile, ubiquitous, always on, digital, global, blah blah blah.
Oil and Water Fusion
Originally uploaded by JBR_JBR.
So I’m thinking of a series of Open Coffee-type networking events (to build commercial propositions) with occasional semi-structured evening dinners where entrepreneurs can mix with investors with a view to building relationships towards high growth. This isn’t Investor Readiness and it damn sure ain’t Dragon’s Den, it’s about getting local entrepreneurs, business owners, and start-ups into a support network that will let them learn, practice, connect, and refine their business idea and then decide if they want to jump on the high-growth escalator or carry on with their lifestyle/corporate job. It’s also not all about being the next Google, there are plenty of businesses that are growing very nicely thank-you-very-much on revenues but that may have hit a growth block, or are thinking about the next transition. Clearly the hockey-stick 10x return in 9 months is great PR but that’s not a practical business model for a city-region.
The sort of topic that each session would nominally work around will be familiar to anyone in the start-up, business growth support world:
And so on. If people need specific advise then there are lawyers, accountants, etc that can help, there are Business Link courses, and business professionals (me for one) that will help with planing, strategy, presentation, etc. In fact there’s no shortage of help but it’s not working together in a critical mass that become self sustaining.
So have I had one coffee too many? What would you want to talk to fellow entrepreneurs about? What are you doing in your city/region that’s similar? What works, what doesn’t?
Until I hear otherwise I’ll keep plugging away, everyone I’ve spoken to since the SW Screen event broadly agrees with me. There may be some developments in the near future with Bristol Media but I think there’s a momentum here in Bristol that doesn’t need huge resources to accelerate, just a bit of doing. Which I guess means I should shut up blogging & twittering about it and start putting some events together (more…)

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BBC/AHRC Knowledge Exchange Programme
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Last night was the BBC/AHRC Knowledge Exhange Programme panel discussion on collaborative learning (British Broadcasting Corporation and Arts and Humanities Research Council, Mark asked on Twitter what the AHRC was, turns out there are at least 11 AHRCs and 79 BBCs).
Andrew Dubber has a pretty good write up of proceedings, there should be a podcast about at some point also.
There was a pretty good University turn out and a few companies along also to see what the BBC were up to and how that might represent future collaborative opportunities. I’m not sure there was a whole lot of encouragement outside the fairly academic sociology / ethnography work that seemed to be the bulk of projects undertaken. It didn’t sound like this was the start of a lanscape shift in terms of commissioning or technology R&D collaborations. But then the BBC is a pretty big beast and change takes time.
I did have a good chat with the AHRC folks on evaluation and how you measure the longer term outcomes and impact of Knowledge Exchange programmes. This is a tricky topic since the impacts of knowledge exchange tend to become apparent long after the event, and can rarely be attributed to a single cause. What we tend to end up using are approximations and indicators of success (by ‘we’ I refer to my ‘day job’ with Knowledge West where we’re currently designing and implementing an evaluation of the Knowledge Exchange activities and their wider impact). This is also something that hopefully the newly formed Institute of Knowledge Transfer will champion (Disclosure: I am a member of the IKT and currently standing for election to the Board).

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Lessons in Entrepreneurial Leadership
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Last night was spent up in Bristol University’s Chemistry lecture room courtesy of Bristol Enterprise Network (this evening chaired by Prof Stephen Hagan, Director of the University of the West of England’s Research, Business and Innovation group). The delegate list was rather larger than the turn out, but there were still plenty of entrepreneurs and business leaders to mingle and discuss leadership and business developments before and after (a very polite University porter had to throw us out, the networking was going so well).
First up was John Kirwan (Partner, Strategic Planning Solutions). A very good lead with solid theoretical grasp on leadership, psychology, and the practicalities of moving a group of people from a current reality to some future vision. This basic concept of leadership was backed up with quite a few concepts, quotes (from Mintzberg & Goethe to Paxman), stories and good humour. In the Q&A John even got into locus of control.
Possibly his best quote was:
“If I accept you as you are, I will make you worse. However, if I treat you as though you are what you are capable of becoming, I help you become that.” Goethe
John ended with a description / definition of Living Leadership - The cornerstone of inspiring leadership is efficacy:
the capacity to make things happen that you consider important, starting with being and acting as the kind of person you want to be in your life.
Next was Chris Farmer, Founder & Leader, Corporate Coach Group. Chris had thoughtfully provided us with an advertising brochure, after-dinner speaker flyer, a diagram of his key message and 6 self-administered assessment questions on the leader-managers within our own organisations. Unfortunately it was more fun watching Chris, who I suspect is actually a very nervous speaker but managed very well, than listening to Chris. He had an interesting take on the basic foundations that John had talked to, his approach is probably as good as most, but there didn’t seem quite as much substance.
A slight change of pace introduced Melissa Henry (Marketing Director, Sustrans), talking about leadership and entrepreneurialism in the not-for-profit sector. Melissa began by asking “Why are charities founded?” and it turns out it’s often for the same reasons (in many ways) as any other start-up. To make a difference, do things better, fill a gap in the market/social need. Another point was that no one works for a charity / start-up for the money - it’s taking a stake in something bigger (social or commercial). An interesting element that Melissa touched on was the need for clear succession planning as an element of leadership (the idea that the charity has to be bigger than the leader). She also made the point that monitoring and evaluating outcomes were critical to ensure vision is relevant rather than idealistic. Too many charities (and start ups) spin themselves into a froth without checking their customer base for feedback on outcomes.
Melissa also talked about back casting (as a planning tool; start with a ‘known’ future and then work out how to get there; rather than a fly fishing technique). Charities use back casting because they have a clear vision of the future and need to plan a route to get there (and explain that route to funders). Start-ups do the same when they predict a future (100m users in 3 years) and then try to figure out the how. This became most obvious in the Q&A when someone asked about planning horizons and leadership. The 3 for-profits confirmed that most of their planning went out to around 6 months, with broader visions/goals out to around 2-3 years. As an in-the-thick-of-it entrepreneur Paul admitted to occasionally working to a 1 week horizon when critical issues hit, but that he always made a point to regroup post-crisis to learn from it and re-plan the following 6 months in the light of what he’d learnt. Melissa started with a 15-20 year vision then then worked back to the current projects.
One issue that Melissa did share, and that is probably quite common in the third sector, is the double edged sword that the open sharing knowledge to achieve vision brings. If you ‘give’ everything away and work to bring about social change, the important message is sustainable transport options, rather than Sustrans itself. Ultimately they don’t really mind who builds more cycle paths, green-ways, etc, but if no one know that Sustrans was behind it then grants and donations dry up. I’m pretty sure there’s something to learn from Hugh Macleod’s global microbrands, Jeremiah Owyang, JD Lasica, Chris Brogan to name a few (leaving aside the significant pack of marketeers on Twitter)!
Anyone out there have experience of working with non-profits and these open communications challenges?
Paul Tinkler, (Managing Director, Mirifice Ltd) rounded out the group with no theory (though a lot of thought) and lots of personal experience. When are you successful - never as an entrepreneur, there’s always the next goal, target, business, market, etc to conquer.
The 6 traits of an entrepreneur;
- unswerving self belief in success, complete unwillingness to look facts in the fact that don’t support vision (not inflexibility
- being a risk seeker, that is where fortunes are made (not reckless, know the risks)
- durability, mental toughness
- disregard for rules, at least the ones that don’t apply to ‘me’
- know when to step down/ aside (though this one has to be tested at Paul is still in the thick of it)
- communications are critical - be excellent - constantly learning / getting better, fear of not being the best (rather than of failure)
All in a really good evening.

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iGLab 2
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Last night at the Pervasive Media Studio we gathered for the second iGLab.
The (by now usual) silliness ensued with various games organised and played in the interests of research. If there was a comment for the next Lab it would be for a bit more reflection between games on strategies, game play, ways of improving.
There was a return of scramble (this time played with SMS) with emerging words displayed on a projected board in real(ish) time. A couple of audio games involving dancing to try and find other dancers with the same random tune as you were listening to on headphones, and running around Millenium Square calling out sounds (mine was a police siren) and trying to find your team mates making the same sound.
And of course there was a game of Werewolf. The wolves won, easily.

Werewolves at iGLab.
Originally uploaded by Poo Bar.

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MoMo London - goin’ underground
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Last night’s MoMo London was hosted by TFL and the presentations were on how technology was being used to the benefit travellers (almost exclusively in London, and largely on the underground).
Dan Appelquist got in a quick plug for Over the Air with BBC Backstage and Imperial College - mobile hackathone over 4-5th April; aiming for 450 developers. I think it’s a bit hardcore dev for me but I’m sure folks from Bristol are going (from the twitter-stream it looks like Dan Hilton, Dan W and Sam Machin are going at least).
Anyway, back to the evening; there was a sustained procession of projects, presenters, technology, slides, data, some information, and more than a few technology hiccups. Being in a bunker under the museam rather put the kybosh on mobile/gps demo’s other than canned examples. Everything was QIK‘d but the resolution and sound isn’t that great in places. Hopefully slides, etc will be posted shortly.
In general the Nokia 6131 received lots of kudos for its NFC with lots of contactless payment ideas being trialled and prototyped. There was some good networking going on (caught up with Chris Gare and his just launched Trymehere product, and found out about Cloud Made and their mobile focussed mapping from Nick; though I managed to miss Josie) the slight overrun and my skinflint purchase of a cheap non-transferable train ticket back to Bristol meant I had to dash ‘early’.

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