Using Lego to Teach Entrepreneurship

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I recently visited Qingdao (China) as part of my work as President of the International Council for Small Business. While there I had the opportunity to visit some of its 3rd level colleges, particularly Qingdao Feiyang Vocational & Technical College (where I spoke with an audience of approximately 1,000 students) and Qingdao Entrepreneurial Incubator Center of College Students.

China is currently going through a very interesting phase with its new leadership seeking to develop its economic activities internationally. Much of the entrepreneurial ...

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An Appreciative Email From A Student

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My name is Aleksandra. I was a participant of your course “New Venture Creation” which was in Turku School of Economics last year.

I want to say you great thank you, because your course helped me to believe in myself and change my life. Before this course I was really afraid of trying something new, I was afraid of using my abilities.

When I came back home I continued to study at the university and started to take part at the programme ...

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Assisting Our Immigrant Firms Can Open Up the World

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The rapid transformation of Ireland’s demographic profile over the past decade through unprecedented levels of immigration has stimulated debate on the economic and social policy implications of the new multi-racial Ireland. One facet to this policy debate is the potential for non-Irish nationals to bolster business activity.

As foreign nationals currently constitute approximately 11pc of the Irish population, it is to be expected that their presence will increasingly come to be felt in terms of enterprise ownership. A 2008 nationwide survey ...

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We can’t win on price, so we need to use innovation for success

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On a recent trip to New Zealand, I was asked to participate in a business speed-dating event that was being organised by a local agency called Grow Wellington.

The purpose of the event was to invite local entrepreneurs with growth ambitions to meet a variety of international experts who could offer them advice regarding their business development.

People had five minutes to talk, then a bell sounded, and the entrepreneurs moved onwards to the next international expert.

The most noticeable feature of meeting ...

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Why Businesses Fail

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Establishing accurate data for the failure rates for small businesses is quite challenging as such information is not gathered cleanly in many countries, there are many ways of interpreting the existing data, and current reports show conflicting evidence. Research from the U.S. Bureau of Labor Statistics has highlighted that 66% of new establishments were still in existence 2 years after their birth, and 44% were still in existence 4 years after their establishment. These figures would appear to be a ...

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Why You Should Take A ‘Start Your Own Business’ Course

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Thinking of starting your own business? Then let me give you a tip – take a ‘Start Your Business Course’ (SYOB). There are many programmes provided throughout the country by City and County Enterprise Boards, schools and colleges, and private training companies. Wherever you are based in Ireland, there is undoubtedly a ‘Start Your Own Business’ programme being offered somewhere near you. Just go the website www.enterpriseboards.ie and you will see details of the programmes that have been designed ...

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ICSB 2012 World Conference

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The 2012 ICSB Conference is being held from June 10-14 in Wellington, New Zealand’s compact, cosmopolitan and creative capital of New Zealand. The city has one of the highest ratios of cafes and eating establishments of any city in the world and it regularly features in the top ten best cities to visit in tourist guides. A city of galleries, museums, sculptures and filmmaking, it has been dubbed ‘the creative capital’ and has recently been named the coolest little capital ...

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Time for Entrepreneurship To Be Made Available To All Students in Higher Education

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It would not cause too much debate to suggest that Ireland in the late 1950s was a depressing country. It had suffered greatly from decades of poor economic performance and the constant hemorrhaging of its population through emigration. Overcrowded classrooms, low family incomes and poor physical school structures meant that only 10,000 students took their Leaving Certificate in 1957.

Meanwhile during that decade, third-level education remained the preserve of the elite and a total of just 8,653 students were present ...

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Why Owner-Managers Should Offer Equal Opportunities to People with Disabilities

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It is now widely recognised that people with disabilities suffer discrimination when it comes to employment opportunities. A report by the National Disability Authority in 2005 highlighted that the employment rate of people with disabilities aged 15 to 64 years was 37.1% while the corresponding figure for non-disabled people was 67%. An examination of employment rates by gender revealed that women have lower rates of employment than men, but that this was equally applicable to people with and without disabilities.

It ...

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Minority Entrepreneurship Benefits the Majority

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In recent times there has been an increasing level of media coverage dealing with the topic of minority entrepreneurship inIreland. The issue has been driven primarily by the influx of immigrants and the subsequent growth in new ventures by non-Irish nationals. The discussions have been startlingly weak in their perspectives of what minority entrepreneurship represents and the cause of such restrictions is born in the limited understanding that people have of the terms ‘entrepreneurship’ and ‘minority’.

Entrepreneurship is widely perceived to ...

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Senior Entrepreneur: Start Your Own Business National Workshop May 8/9

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‘Senior Entrepreneurs’ is a specially designed training programme, jointly organised by the County and City Enterprise Boards and Senior Enterprise, which is an INTERREG supported EU initiative led by the Mid-East Regional Authority. The Institute for Minority Entrepreneurship at the Dublin Institute of Technology is also supporting the training initiative.

Objective:
The aim of this interactive 2 day residential workshop is to give entrepreneurs aged 50+ the opportunity to develop a business plan to guide the establishment of their new business. ...

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How Franchising Can Help You Start A Business

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I recently heard a statistic that the failure rate for a franchise in the first 3 years of operation is just 7%, as opposed to 35% for businesses more generally. I have not been able to confirm this figure but what is factual is that the rate of business failures is much lower for businesses that are based on a franchise than for any other type of business. Well known examples of franchise operations in Ireland include Snap Printing, McDonald’s, ...

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