Comments for Trials and Tribulations of an Entrepreneur

Comment on Dragons’ Den in Welfare to Work by theresa comiskey

theresa comiskey — Sat, 03 Sep 2011 21:52:39 +0000

Hmm the above is pretty scary due to our present economy and if the government decided not to pay providers for reaching SLA rather than per individual than i think we would be seeing alot more businesses losing money and lets face it who can lose money these days, redundancies which is pretty scary would be on the cards again for all these good people whom try and change peoples lives. i believe our society, our communities will be at risk of not being able to get support and offer advice which our society deserves and requires at this present time. We are all tax payers and everyone deserves a helping hand to help them find and secure employment. Who ever can pilot and back these programmes should be given a chance because if they only help small numbers this impact on society can and will be a massive impact on communities

Comment on Dragons’ Den in Welfare to Work by Richard Alberg

Richard Alberg — Wed, 31 Aug 2011 18:30:59 +0000

Hi Elaine, the bond is not an indemnity. In fact it is the opposite. The bond is funded by investors and pays the provider to deliver the project. If the project is successful the government pays a sum which covers both the amount paid to the provider and a profit to the investor. If the project is not successful the investors don’t get all or some of their money back.

Comment on Dragons’ Den in Welfare to Work by Elaine Anderson

Elaine Anderson — Wed, 31 Aug 2011 15:30:53 +0000

Is this Bond a Form of Indemnity against loss and expense, for the investor? The application is quite similar to Prince 2 Theory, where a project needn’t be fulfilled if the parameters are incorrect, but there nothing wrong with the government providing the impetus, as it has access to worldwide expertise, and years of experience, whereas independent entrepreneurs are operating on a very different basis. Sometimes, like in the Dragon’s Den, they support a p

Comment on Dragons’ Den in Welfare to Work by Paul Sinclair

Paul Sinclair — Wed, 31 Aug 2011 13:03:27 +0000

SIB’s…are they the new PFI? The idea seems to make sense but the metrics employed to measure Outcomes will be open to abuse. The Investors will be focused on ensuring their targets are opaque and open to intepretation…..

….But, I agree Richard….new models for funding social improvements are needed….but “Investors” are usually rather greedy and have a greater understanding of the Law, Trickery and Obfuscation……

My concern is they will only back “Sure Things”…and overcharge for success….plus ca change.

Comment on Dragons’ Den in Welfare to Work by Richard Alberg

Richard Alberg — Tue, 30 Aug 2011 20:08:07 +0000

Thank you! Yes – this is the bid. I believe there are a couple of consortia that have included MyWorkSearch in their round one bids.

Comment on Dragons’ Den in Welfare to Work by julianladd

julianladd — Tue, 30 Aug 2011 19:56:26 +0000

nicely put Richard; are you referring to the DWP Innovation Fund in the last para?

Comment on Year 3 by Richard Alberg

Richard Alberg — Sat, 21 May 2011 11:15:05 +0000

Thank you Shaz. The timing was right for this business so it was easier for us and we were lucky in that we did not need to obtain venture or bank finance. One aspect of the down-economy that did work in our favour is that we were able to recruit some excellent people and this would have been far harder in a buoyant period.

Comment on Year 3 by Shaz Quereshi

Shaz Quereshi — Wed, 04 May 2011 07:35:52 +0000

As someone who has watched you progress from the sketch on the back of a fag packet to a well respected and highly successful business, I want to be the first to congratulate you and your team on the simply incredible entity that you have built in the backdrop of a testing economy.

It is a testament to your vision, focus and sheer hard work Richard. Very Well Done!

Comment on The 25th! by Kaedon

Kaedon — Fri, 15 Apr 2011 01:04:22 +0000

Tocudhwon! That’s a really cool way of putting it!

Comment on Yes – this does matter! by Richard Alberg

Richard Alberg — Wed, 02 Feb 2011 23:03:06 +0000

Thanks Andrew. All good points. An HR professional properly engaged with the enterprise would care about the broader consequences of an inadequate outplacement programme and be open to change and improvement. But what about the ones for whom the hassle of making changes or arguing a case represents more pain than the the absence of improvements these endeavours would bring about? Not because the consequences would not flow, but simply a lack of foresight or analysis.

We have prepared a white paper on the tangible consequences of poorly handled redundancy programmes. I do think that those who are interested in this are not the people I was complaining about in my blog.