Ireland, A Hot Bed of Business Ideas

by

This Post is just a very brief outline of what happened in the last week following a Tweet I sent out from @whhoganquintas

The tweet was a simple tweet “Have you ever had a business idea that you thought would succeed. What if I told you it was worth money. What would you say? What would you do?”

Quintas

Ideas from Quintas

Brief Outline

Well since that tweet I have had an exceptional week. I received many replies so I met a number of people who had some very interesting ideas. Four ideas have me particularly interested. The ideas range from new technology to traditional products.  While the ideas were discussed and PowerPoint presentations where shown, some of the next steps include a business plan paying particular attention to the background of the individuals involved and where possible business experience (do not be put off if you do not have business experience, we all have to start somewhere).

I have also met a number of people in relation to funding this week to tease out what their criteria would be in an ever changing economy. The types of funding I’m talking about is private investment, BES Investment and Angel Finance. The good news is that there is definitely an appetite out their for new ventures and start ups. But like everything, certain hoops need to be jumped through (particularly market research, costings, competition and potential customers). Banks are in the market for new business ideas but they would deem other people investing first almost a necessity to strengthen any new proposal.

So, over the next few weeks I plan to try to keep you updated on what is happening with these new ideas and if these ideas and others succeed in being more than just ideas.

I also envision outlining the following areas

1) Business Plans and Costings
2) Glossary of Business Terms and
3) Business Structures

Thank you for reading my brief overview of the last 5 days. Remember, yesterdays employee is tomorrow’s boss.

If you are an individual or business who has access to funds and wish to look at helping Ireland rebuild itself Quintas is available to help you.

Reference

I have attached two clips for reference.  The first is by Frank Ryan, CEO Enterprise Ireland, titled ‘Be in Business in Ireland’ and the second is presented by IBEC titled ‘Ireland by the Numbers’. Both are well worth watching

1)

2)

William Hogan, Partner
Quintas
william.hogan@quintas.ie

Advertisements

Tags: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: