Abstract:
I am delighted to join you this morning.
I wish to thank KCA for the opportunity to spend the morning with my favourite kind of crowd talking about my favourite topics such as growth and potential.
30 years ago, I was running a start-up just like you; in those days titles did not really matter because you are a director, a salesman, a production manager, an accountant, cleaner …. Everything all rolled into one. I think some of you can relate to that….right?
I have a confession to make: I miss those days. Despite uncertainty, intensity and financial scarcity the early days were so much fun.
But the early days of any enterprise are undeniably critical. They are the test of whether the startup will become a grow-up and eventually a success. A test of whether the idea is scalable, whether the entrepreneur is capable and the business sustainable.
There is a full proof method of ensuring a startup transition into a successful business? The honest answer is, I do not know.
However what I do know based on Bidco’s experience and other entrepreneurial success stories is that there are things (including strategies and actions) that a startup can do to give it a near guarantee of success.