Newcastle Start Up Week

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Newcastle Start Up Week, mid week recap, by Mandy Barker

Three days in of Newcastle Start Up Week which has been filled with excellent business advice, conversation, new people and inspiration for start ups and small businesses. Two days left! How lucky are we?! Newcastle has a real buzz about it at the moment, and it’s brilliant that something such as Newcastle Start Up week is increasing this. Thank you Paul!

I wanted to write a summary before my head explodes…

Day 1 – inspiration
Brad Burton is the UKs number one speaker and I can see why. He had energy, was straight talking, and kept it relatable.

Take away points:

  • Everyone has self doubt
  • Be honest
  • Face the fear
  • If you’ve got a plan B, you don’t have enough belief in plan A
  • It’s not all about money
  • Don’t get too busy being busy
  • Turn up  the heat on your decisions, and get off your arse!
  • Enjoy the start up phase, it’s like your first kiss – you don’t get it back!
  • Your daily prize ticket is life – make it count

Amber Rae’s chat was engaging and uplifting, and had beautifully designed slides, which always gets us creatives weak at the knees!

Take away points:

  • Always chose wonder over worry
  • Embrace discomfort as a path to grow
  • Live for the questions not for the answers

Day 2 – getting Started
Oliver Ranson of Ranson Pricing gave an insightful and thought provoking chat on pricing, and raised the fact that people worry about pricing – but never do anything about it.

Take away points:

  • If you sell everything – you’re too cheap
  • Think like your customer
  • Offer your customers different pricing options
  • Plan your pricing now, for next year

Day 3 – funding and finance
Michaela Reaney of Gradvert did a brilliant talk. It’s refreshing to hear from someone in the service industry after much emphasis on crowdfunding for products. And great to see female speakers too.

Take away points:

  • Refine your pitch
  • How can your service business align to similar values of a product business, to attract investment?
  • Always review your business plan
  • Know your passion
  • Build long term relationships

We had an excellent summary by host Deborah at the end of the event on day 3:

  1. There is a lot of money for investment out there – make sure your ready and prepared to pitch
  2. Standards are always going up. Be better. Build and scale
  3. Competition shouldn’t put you off – it should drive you
  4. More money doesn’t make your problems go away – it just brings different problems to the table
  5. Have focus – understand your market
  6. Be ambitious, dominate your niche, and practice your pitch

It hasn’t just been about the excellent talks and discussion panels, the after parties have also been brilliant! Excited for days 4 and 5 – ready to soak it up! See you there 🙂

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