You get people shouting stuff about small business ideas all over the Internet. One guy was screaming to get attention with the statement that an idea is 1% of success while execution is the 99%.
There is also that statement about 20% or even a lower 10% of ideas succeeding in their first year. This has merit when you consider that the study found that venture capitalists only express interest in fewer than 5% of new start-up idea proposals they review (Source: “Are “better” ideas more likely to succeed? An empirical analysis of start-up evaluation”). Continue reading “Evaluating business ideas for college or university leaving graduates”
In my late teens I ran along Fish Hoek beach in the mornings, sometimes with my father, and we’d see little sand pipers race up to the water’s edge to find tiny sea creatures to eat.
Some years ago I was chatting to friends, who grew up in the area, on a hot summer’s morning in December right there at the end of the same beach near Clovelly corner. We were talking about growing up in such a beautiful place when I remembered that I had not seen sand pipers for years.