Effective businesses require one key ingredient from the start – people. While a unique idea helps, it’s not essential, as existing products can serve as a starting point for improvement. Money also plays a role, but this can be overcome by innovative thinking and determination. However, the human aspect, including those at the helm, technology creators, team members and investors, ultimately determine success.
Various factors play a vital role in building a thriving operation, but it’s how people interact, communicate, share knowledge, and sell to one another that is crucial. Community is vital to establish and maintain connections and offer valuable advice. BusinessCloud’s TechBlast events, such as FUEL Manchester and FUEL Liverpool, brings together investors, speakers, scaleups, and start-ups to make these valuable connections. Incubators and accelerators enable founders to share experiences and bond, with the ASCEND cohort, for example, set to attend Web Summit in November to extend their reach and connect with global investors.
Web Summit’s CEO, Paddy Cosgrave, has expressed a desire for greater community focus, acknowledging the need to make the conference “more intimate, convivial, and community-focused.” At Web Summit, BusinessCloud aims to share the experiences of startups, investors, and speakers and foster new relationships and valuable connections. Effective businesses require people at all stages of development, and it’ll be interesting to see how Cosgrave’s community plan unfolds.
If you’re interested in supporting FUEL events in your region or sponsoring BusinessCloud’s “From the Summit” dispatches, please get in touch.
