Archive | October 2011

The Top 100 UK Startups (2010)

Every two years Startups.co.uk releases their list of the top 100 British startups. In their own words: “Startups 100 is the definitive countdown to the UK’s most innovative, inspiring and ground-breaking new companies.” It is an impressive list, made up a diverse range of businesses.

You can view the full list here or check out the top 30 below.

If you made the list or are a new startup, please get in touch! We would love to learn more and even run a feature on your business.

Top 30 (of 100):

1. Shutl – The start-up solving e-commerce’s greatest problem, giving customers greater control over deliveries. (Read More)
2. Fetch Media – The mobile marketing and advertising agency serving global clients, both sides of the pond. (Read More)
3. MVF Global – The fast-growth online marketing business looking differently at lead generation. (Read More)
4. Hailo – The city-centric app which lets you book a licensed cab – in just two taps. (Read More)
5. Stylistpick – A subscription-based fashion site, selling shoes and accessories hand-picked by top stylists. (Read More)
6. MediaDevil – The five-star mobile accessory brand outstripping its competitors with customer service. (Read More)
7. Stylus – The design inspiration service with a £142m entrepreneur at its helm. (Read More)
8. Onefinestay – Authentic accommodation for the jet set – rent a real, luxury home, with all the trimmings of a hotel. (Read More)
9. Bear – The brand shaking up the snack market with a range of guilt-free, fruit treats. (Read More)
10. Neon Play – The mobile app developer making smartphones even more addictive. (Read More)
11. Crowdcube – The pioneer of equity-based crowdfunding, stamping a new path in alternative finance. (Read More)
12. Transferwise – A cheaper way to transfer money overseas, backed by top venture capital firms and the co-founder of PayPal. (Read More)
13. myParcelDelivery.com – The comparison website for courier services putting an end to the pain of post office queuing. (Read More)
14. zeebox – Hoping to change the way we watch television is free app Zeebox, the self-styled ‘TV sidekick’. (Read More)
15. Conversocial – Helping companies interact with their customers through Facebook and Twitter. (Read More)
16. Crane.tv – The ‘digital storytelling company’, comprising an online video magazine and full-service entertainment agency. (Read More)
17. The Giving Card – The discount card which saves you money while raising revenue for charities. (Read More)
18. MarketInvoice – The online platform where small businesses can auction their unpaid invoices to global investors. (Read More)
19. Blippar – An innovative mobile application, which unlocks cool digital content from images. (Read More)
20. Blottr – The people-powered news service breaking stories quicker via mobile and web. (Read More)
21. Adzuna – The pioneering search engine bringing millions of classifieds together in one place. (Read More)
22. Brainient – The company making video advertising more effective – tapping into a potentially huge market. (Read More)
23. BBOXX – Providing the world’s poorest with access to affordable electricity. (Read More)
24. Seven Hills – The pioneering PR firm putting British entrepreneurship on the map. (Read More)
25. Central Working – The city workhubs helping entrepreneurs start and grow their businesses. (Read More)

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You might also enjoy:
+ The Startup Dictionary – Learning the Lingo #3
+ Learning From Other Startups – 6 Real Life Stories
+ Samsung’s Pivot From Dried Fish to Smartphones
+ Top Startup Podcasts – Learning From Listening

Welcome new readers! If this is your first time here, you might want to start with a new article or read through our older submissions.

Where to next? Check out a random article.

Stay in touch: Check us out via RSS Feed, Twitter, Google+ and Facebook.

Join the conversation: Leave a comment or this post.

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Evaluate Your Business Idea – Evaluating your spark

Startups.co.uk is a great website for learning more about getting started with your very own business. We find their case study stories inspiring as you get to hear from others about the challenges they faced in getting their idea to market.

One useful link we found was to a free Business Idea Evaluation Tool. Before you get too excited, this is not going to answer all your questions and instantly give you a green light on your idea. It is simply a set of questions to measure your idea against some common sense criteria. No humans involved and very generic. However you do receive a nice report telling you how your idea fares against logical categories. It highlights your strengths and weaknesses and gives you more questions to ask. You may surprise yourself (in a good or bad way)! However better to be surprised now rather than later.

Ultimately it is asking you questions you need good answers for. And if you don’t know the answer or your answer is insufficient – you know where you need to do more homework.

The tool can be found here (note you do need to supply an email address to read the outputted report):
http://www.startups.co.uk/business-idea-evaluation-tool.html

To help we have recorded the key criteria below. Hopefully this will help you in your brainstorming and idea building sessions:

1) Market (Market Size, Customers Need, Competition, Barriers to Entry)
This is an analysis of the potential customers for your product or service. To exploit your idea financially, you need a sufficient number of customers to buy your product or service at a price that will give you a suitable profit.

2) Marketing (Additional Opportunities, Benefits, Sales, Repeat Purchase)
This section looks at how you intend to promote and sell your product or service so that it meets your customers’ needs. Your objective should be to maximise your sales.

3) Finance (Funding, Profitability, Production, Profit/Unit)
Here the potential for your idea to make you money is analysed.

4) Exploitation (Development Stage, Capabilities, Intellectual Property, Legislation)
This section looks at factors important for the successful commercial development of your idea.

Check out Startups for more info:
http://www.startups.co.uk/

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You might also enjoy:
+ The Startup Dictionary – Learning the Lingo #3
+ Learning From Other Startups – 6 Real Life Stories
+ Startup Myths – I shall not be fooled again by gurus
+ The Bootstrap Challenge – Walking the Talk

Welcome new readers! If this is your first time here, you might want to start with a new article or read through our older submissions.

Where to next? Check out a random article.

Stay in touch: Check us out via RSS Feed, Twitter, Google+ and Facebook.

Join the conversation: Leave a comment or this post.

Why this blog?

We have always been dreamers. Dreaming of being entrepreneurs. Actually taking the plunge and doing something. Taking control and being our own boss. The problem is we get fixated on the end game and end up doing nothing. Achieving anything is about getting started and not being overwhelmed.

So this blog is a way of me breaking down the tasks into small manageable sizes and doing something. Like many, this may all end in tears and we end up binning this blog after a couple of weeks. Or it actually inspires us to have a go and create something. Even if it is only a blog.

This blog will record and share our learnings along the way. The early focus will be on existing entrepreneurs, startups and businesses. We are trying to work out what works and what doesn’t, and how one starts – boring stuff like writing a business plan and building cash flow models.

Starting a Blog – Don’t expect any Shakespeare

Over the past few months (years) we have realised that almost everyone is now writing a blog. And if they are not writing their own, they are reading many others. We are not the sentimental type however our own blog feels like a smart way to record my journey and capture all the great websites/ideas/thoughts we discover along the way.

So here goes… don’t expect any Shakespeare or Blake. Fingers crossed someone, somewhere in cyberspace will find these posts useful or at least a way to pass the time during their lunch break. Bon appetit!

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