Some words on Entrepreneurship from a man whose been there...

Some words on Entrepreneurship from a man whose been there...

 I had the pleasure today of attending  a great presentation on Entrepreneurship today given by Fancisco Fernandez CEO of Avaloq (the company about to create 500 jobs in Scotland).

Francisco gave a succinct and informative talk on the key attributes that anyone seeking to be an entrepreneur should posess or aspire to including: 

Be a contrarion, be disruptive...dont settle for the perceived wisdom and challenge it wherever you find it.

Embrace diversity in the people you surround yourself with - they can al lbring something new or a new way of looking at things to your venture.


Dont seek money as the only reward but  rather let it come as a result of seeing the dream unfold.


Seek Blue Oceans at every stage and dont let the venture die at the end of the product life cycle.

Do not over anlayse a good idea in to a bad one.  Act with agility to take advantage of the opportunity.

It's not the idea but the excellence of execution that matters.  Share your ideas to finds the best peple to help you make the venture a relaity.

Francisco also went on to explain that they chose Scotland for the base for their new operation as we had the best fit in terms of culture, high education standards and travel distance for European markets.

His key nessage ccentred around the principles:

• The right People
•  The right Culture
•  and the right Processes to enable them to flourish