We would never turn down the opportunity to talk about BiWhizz and the upcoming platform. Chid took time to out, last week, to discuss BiWhizz (the genesis, journey and vision) and entrepreneurialism in the UK with Mel Ndiweni, entrepreneur and co-founder of Lucidry:

http://lucidry.org/business/start-ups/interview-entrepreneur-focus-chidozie-ukaigwe/

Lucidry is an online resource and community that connects small businesses, entrepreneurs and creative professionals by blogging on all aspects of business, internet, social media, mind and attitude and entrepreneurial spirit.

Lucidry is very insightful and definitely going places. This won’t be the last time you’ll see BiWhizz and Lucidry collaborating in some form. We’ll keep you updated on further public relation engagements.

Enjoy and stay locked in.

Last week we started the advice series, here‘s the first instalment.

We now continue the series with more lessons learned and business experience gained on our way to launch.

Let Us Begin

Entrepreneurs trying to start up and business owners alike, you are bound to have setbacks, catastrophic failures or in more common but extreme situations, the business shuts down. If any of the following scenarios occur, do not worry, all is not lost; it does not mean it was a complete waste of time, effort and money. Entrepreneurs, especially the young and ambitious, must learn from each setback.

You should ask yourself, what did I learn from this event?

Make sure you analyse all events that happened during the course of the venture’s tenure, from the highs to the lows. If you believe the setback was nothing major and can be rectified easily, you must still be willing to analyse the process of making that mistake, understand the error and grow from it.

Try to grasp where you went wrong, did you move to quickly or slowly, did you rest on your laurels? These are the conscious thought-processes/questions you should be having after a setback. However, DO NOT DWELL!

The ability to learn from failure and bounce back with authority is what sets alight the entrepreneurial scene and what separates the Men from the Boys or in the case of the females, the Women from the girls.

‘’If you do not learn from history, you are doomed to repeat it’’ – This is a saying taught by a majority of historians – entrepreneurs take heed.

Most importantly, do not, and I stress, do not blame other people for the venture’s failure or any other type of setback, why?

As an entrepreneur you will lose all power and ability to learn from this mistake, your mind has been polluted, it has made it’s decision therefore the mind now believes it was employee or investor (x)’s fault for the company’s failure.

On the contrary, if you are starting up a business you must be determined to make it work no matter the difficulties or obstacles on your path. When your house, car or anything of value is on the line, you cannot afford to lick your wounds for lengthy periods. You must be able to learn on the job and learn fast.

Build Alliances: (British, Soviet, American and French Alliance)

During WWII these nations collaborated on intelligence and resources to form a coalition to battle Hitler’s Germany and their allies.

• Create Value – Great entrepreneurs and businesses always ‘’bring home the bacon’’, meaning they always have something to offer. Continuously offer value to your customers and industry. Become a voice within your industry, offering advice and support, ideas, and innovative insight into trends and future trends. Read the rest of this entry »

The question relates to our nascent entrepreneurial mindset and personalities and reflects my state of mind. Generally, its when meeting budding entrepreneurs that I find I ask myself this the most.

Many are highly worried and, sometimes, overly cautious about relaying their ‘heaven-sent’ business ideas and, without trying to sound naïve, this is my gripe – hear me out. They feel the need to remain in ‘stealth’ mode and believe that others will try manipulating or worse stealing the whole idea. So I ask myself once again, why so serious?

If there’s one thing I find is worse than someone scared or procrastinating to take the leap, its a paranoid entrepreneur. There’s quite a few and this post is about the benefits of loosening the grip on your business idea. Read the rest of this entry »

Can anyone please tell me why this continues to remain a much debated topic within the pubic eye? Not to sound arrogant or derogatory but we no longer live in the ‘dark ages’ – for the sake of business its time we moved away from this idea.

Personally, I feel it stems from a fear of change. I admit the internet has changed dramatically since its inception however, unaware to some, this social media craze (as some call it) did not happen overnight. Surprising as it may seem, major networking sites, as we currently know them, have been evolving for over a decade – SixDegrees.com.

“Innovation is the ability to see change as an opportunity – not a threat”

We can discuss the evolution of social media in another post, for now I’d like to focus on the following quote and what this represents for entrepreneurialism and business as a whole. Read the rest of this entry »

“bridging the gap between information and interaction”

It goes without saying that behind every company, product or service there are chains of thoughts and fundamental sources pools where the brainstorming and light-bulb moments originate. We’re no different at BiWhizz. During a series of posts and aligned with our new emphasis on posts, we want to explain what we are building and share our thinking behind BiWhizz.

The aforementioned statement sums up what BiWhizz is trying to achieve. The service is about information and interaction. These two components, amongst others, are fundamental prerequisites for the success of social media and social networking websites. They also form the foundations upon which the BiWhizz platform is being developed. Read the rest of this entry »

OK, so it has been a week since we launched the website in focus.  To clarify with new readers, and old ones, this website is merely a pre launch to the main platform which is due to launch in April.

Most of the feedback received has been great and really encouraging, long may that continue; however there has been a number of readers that have been asking, emailing and contacting us as to what the BiWhizz Platform is all about and whether it will replicate or be similar to the pre launch.

These queries are fair and encouraging to see, we are definitely happy to answer them and hence why we are now delivering a change of emphasis.

Over the course of last week, we had a number of meetings (BiWhizz Team) , and we have decided to change our pre launch emphasis in regards to the content we will publish. We have decided to concentrate on our field of interest(s) and the BiWhizz platform being created.

This means, the bulk of content published will vary among the topics displayed below:

• BiWhizz The Platform
• Social Media
• UK Small Business Online
• New Age Entrepreneurship
• Business Technology & Applications

We will most definitely continue with the type of content you have seen over the week and much more, but we want you to understand and become much closer to what we are going to launch come April.