Young entrepreneur Melissa Morris left her high-flying job in the city to develop an innovative new website after spotting a gap in the market which could help the NHS save money.
The tech savvy 26-year-old developed Network Locum, a unique recruitment platform that allows GP practices to find and book freelance doctors online, after cutting her healthcare teeth working for global management consulting firm, McKinsey.
Melissa then went on to work for NHS London to better her understanding of the internal workings of the National Health Service, before making the brave step to set up her own business.
In order to gain capital to help develop the website Melissa decided to take part in Sky¹s Dragon's Den-style TV show, The Angel.
Although she won the show and was offered ￡250,000 investmentl, Melissa decided to turn down the offer in favour of maintaining more control over the business.
Nomination for Technology Entrepreneur of the Year 2011, re-launch of the new Moonfruit website and receiver of investment by one of the hottest angel investors around: David McClure @davemcclure (see photo) of 500 startups @500startups.
Wendy Tan White is really executing her plans, she is not only a cool entrepreneur on paper! TheNextWomen talked with her.
Why take an angel investor on board when you have already secured investment from institutional investors?
Because Wendy was advised that angels on board make a difference, a difference in contacts. So she was advised: if at any time a really smart and networked angel investor wants to join, do it.
This week's top Investments: I always look forward to read about the latest news on companies receiving funding fromTom O'Meara of Strategy Eye who lists investment deals weekly, and its a great read. This week, it's all about Social E-commerce, Social network of Doctors, Peer-to peer lending and Russian investors. Take a look:
It's not often you meet someone like Angie Byron.
In meeting her you are reminded that the success of any business model rests squarely on the strength of its underlying relationships. Mostly though, you are reminded of the gift some people have in sparking the good out of people. The kind of good which harnesses diversity and reins it seemingly effortlessly into a direction of cooperative and mutual benefit. Building. Building of people. Building of relationships. That is Angie Byron. Naturally.
In the series ‘Where are the female web heroes?’ we describe the situation in the UK, where as of 2003, a rise in female-owned net ventures have been seen. The government’s newly formed Women’s Enterprise Task Force seeks to encourage female enterprise across the nation to help close the gap in female entrepreneurship between the US and UK. Because, although the number of women-owned businesses has recently topped one million, the rate of female start-ups in the US is much higher. Also, with girls outperforming boys at school some predict that by 2020 the majority of UK millionaires will be female.The UK female entrepreneur is in her early 30s, tech savvy, well connected and thrives on risk, according to a survey by Aurora, the UK's largest business women's network. This network is owned by Glenda Stone, who herself won the Blackberry Best Women in Technology. One of the women who fits this profile is Martha-Lane Fox, co-founder of Lastminute.com. As the time she stepped down at 31 years, the share price had recovered from the dotcom crash valuing Lastminute at £667m. In 2005 she sold the company to travelocity.com, of which Michelle Peluso is the CEO. In those days also Julie Pankhurst of Friends Reunited sold her company, to ITV. video of natalie massanet, founder net-a-porter
As the summer holidays draw to a close, in a post which struck a definite chord here at The NextWomen, Alexandra Anghel shares what went wrong when she tried to take some much needed time away from her startup, and looks at the importance of making time for yourself.
This hot summer seems like the perfect time to write about something that gives many entrepreneurs the creeps.
Among many other problems that we battle every day, taking some time off from work seems to be at the top of the list. You can’t call yourself an entrepreneur if you’re not willing to make sacrifices for your startup, or put in more work than the usual employee, but how much work is too much?
The nine individuals and two companies in the running for awards at the Women in Logistics annual conference and awards have been unveiled.
The most popular across four categories will be honoured at a glittering ceremony in Warwickshire on the evening of Friday June 27, in the company of the judges Professor Richard Wilding and Ruth Waring, and special guest Mrs Beverley Bell, the UK's first female traffic commissioner.
Pitching your company to investors is a nerve-wrecking experience. It is a chance to put your start-up in the light it needs and to get the necessary financial incentives or expert feedback you require.
Dania Gerhardt, of online social collaboration forum Amazee, knows this very well, having participated in start- up events such as Techcrunch in London and Pitchcamp and Startup Ignite in Berlin.
TheNextWomen asked Dania for about her experiences of pitching the company she co-founded and what others can learn from it.
How much money have you already obtained through external funding?
Fay Price - CEO of the WrapZone franchise - sat down with me to share some of her story and advice for women looking at franchising their companies.
This is a guest post by Misae Richwoods, a previous Golden Web Award winner and consultant to start ups, SMEs and the independent professionals market via MRMedia Group
Sun Microsystem's headquarters sit in London city, a stone’s throw from the river Thames and in sight of London Bridge. Although Sun were a pioneer in Workstation computers and brought to the world numerous gems like Java and OpenOffice, Sun are also the owners of a system that has powered the web revolution – MySQL. Not only does MySQL run Google, the world’s biggest search engine, it also powers Yahoo!, its rival and YouTube, BBC News and Facebook are also users. It’s free, open source and has a reputation for being the fastest and most stable database you can use without paying the huge premiums that Oracle’s systems cost. In the words of Facebook COO, Owen Van Natta:
“MySQL has been a revolution for young entrepreneurs”.
But, what’s all this got to do with The Next Women?
Not only did Sun Microsystems generously host their 2010 Strategy event, they underlined it with their own story, the power of “blue ocean planning” – a focus technique taught to delegates during The NextWomen strategy workshop. Mapping out industries to reveal contrarian opportunities shows where innovation can be applied to make a new business model.
Everyone on Wordpress owes it's low cost to a 'Blue Ocean'
In the world of databases, Oracle’s high end systems had been dominant for many years. MySQL went in the opposite direction to Microsoft, focussing on low cost of ownership whilst still providing a quality product. In doing so they created massive value in customer eyes and opened up a new “blue ocean” of opportunity – the affordable web database. Everyone running a WordPress blog owes it’s low cost to MySQL’s innovation.
The all-involving hands on strategy workshop delivered by Natalie Turner (@natalieturner1), gave an enlightening method of aligning our companys' growth strategy with innovation to exploit industry openings. Sure, we could all work harder and be better, but that’s certainly not the reason I or the other female entrepreneurs present started their own companies. If working harder and being better at the same thing is what you excel at, being a highly skilled professional may be the most rewarding way for you to use your time. Those who succeed as an entrepreneur are those bringing pastures new to the world. The hard work for us is training the brain to spot the opportunity rather than being a chip off the old block!