TYCOON Coronavirus (COVID-19) Update Please find below our latest update on Coronavirus and the Peter Jones Foundation’s response to the issue, particulary in regard to the Spring Window of the Tycoon Enterprise Competition.   Key Points In summary, our latest information for schools and colleges taking part in the Tycoon Autumn & Spring Window or …

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Q. What was the main risk when starting up your business? (Alex Ware, Millfield) A. Financially, it was actually low risk. I formed partnerships with venues who already had suitable spaces where I could host my events, which meant I didn’t need to take on the cost of buying or a renting a venue of …

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  Q. What strategies would you recommend to a sole trader looking to start their own business? (Amira Jindi, East Kent College) A. You need to determine if your business is a ‘lifestyle’ business – ie – it can fund your lifestyle, or if it is a ‘growth’ business that might scale into a bigger …

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Q. How were you able to stay motivated during throughout your whole business journey? (Lemar, Sir George Monoux College) A. Firstly if you want to make the life changing decision to launch your own business at some point then make sure you choose a journey that your passionate about as remember in business you don’t …

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Q. What kept you motivated throughout your business journey? (Inaya Tahir, Accrington Academy) A. I suppose it’s passion! I knew very early on in my life that I wanted to do something creative. At school, I was one of those compulsive doodlers sitting at the back of the classroom, lost in a world of imagination. …

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Q. What morning routines do you have ? (Odayne, Sir George Monoux College) A. Everyday is different. It could start with a PT session or a hangover but always early. I like to get to where I’m going early to maximise the day or deal with emails in peace. Most of my time now is …

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