Business Model

People – to – People banking services by CivilisedMoney

The Crowdsourcing business model has been around for sometime now and has proven to be a good business model for independent artists to fund their projects. Now, CivilisedMoney is trying to use the same concept to help peer-to-peer financial services in the UK. CivilisedMoney’s was founded by Neil Crofts and Jason Scottgoal. Civilisedmoney will use people-to-people networks to create an ethical, transparent alternative to the existing financial services industry. As they say – “It’s banking with people, not banks.” The concept is very similar to the age old concept of a co-operative bank or a chit fund operated in India. The […]

Entrepreneurship

Great resource for entreprenuers

I came across a great resource for entrepreneurs to continuously learn different aspects of running a start-up or a small/medium enterprise. Mixergy is a great site for start-ups to continually learn from proven entreprenuers on how they ran their businesses. Everyday, they post an interview with a successful entrepreneur exploring his/her journey till date. The questions asked in the interview are intelligent and result in great insights for the listeners. These interviews are available for about a week on their website for anyone to listen free of charge. They also have a paid service (Courses that you can take on the different topics) which provides […]

Customer Engagement

Delighting customers – Whose job is it anyway?

There is enough being written about how important it is to keep your customers happy and progressively raise the bar & find ways to delight them (like Zappos continues to do with such regularity) However, whose job is it anyways? Is it the job of the customer service team (as they own the customer experience) the sales team (as they own the customer relationship) or the service delivery team (as they own the delivery of the product/service to the customer) or the product development team (as they design/develop the products for the customer) or the finance/billing team (as they own the final transaction with […]

Entrepreneurship, Ideas

It takes a team to win!

Building a team Tell me o Sir, when is the time to go looking out And get a team who would work it out He says: ” That’s a great topic that you have brought up One that’s most difficult for a start-up The best time to build a team Is when you are getting started-up Delay it a bit and you might not have a start-up Get it wrong and for sure you will not have a start-up This is one of those things that could either destroy Or give a new-lease of life Hmm, I understand this now […]

Entrepreneurship

Funding your startup

Now that I have an idea That’s close to my heart and soul How do I get the money To let the ball roll He says: There are 3 sources ofmoney             Your Money             Their money             Someone else’s money             Yourmoney is the money you have Their money is their ownmoney Someone else’s money issomebody’s money, No one knows whose money. Each kind has its own vicesand nices Tostart a business, its best to use your own money But make sure you don’t useall your money Being a miser, […]