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		<title>Entrepreneurs &#8211; What was James Caan&#8217;s advice for entrepreneurs at ESBC ?</title>
		<link>https://www.marketingfundamentals.com/entrepreneurs-what-was-james-caans-advice-for-entrepreneurs-at-esbc/</link>
		
		<dc:creator><![CDATA[Mike Pitt]]></dc:creator>
		<pubDate>Thu, 29 Nov 2012 19:09:21 +0000</pubDate>
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		<category><![CDATA[Thirty Years in Business]]></category>
		<guid isPermaLink="false">https://www.marketingfundamentals.com/?p=3075</guid>

					<description><![CDATA[<p>On Tuesday night I was very happy to part of the audience for the Evening Standard Business Connections #ESBC event &#8211; entitled &#8216;James Caan &#8211; Thirty Years in Business&#8217; at the Emmanuel Centre, Westminster. My luck did not end there because as a member of the team promoting the event I got to meet the man himself before proceedings started [&#8230;]</p>
<p>The post <a href="https://www.marketingfundamentals.com/entrepreneurs-what-was-james-caans-advice-for-entrepreneurs-at-esbc/">Entrepreneurs &#8211; What was James Caan&#8217;s advice for entrepreneurs at ESBC ?</a> appeared first on <a href="https://www.marketingfundamentals.com">Marketing Fundamentals</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>On Tuesday night I was very happy to part of the audience for the <strong>Evening Standard Business Connections</strong> #ESBC event &#8211; entitled <strong>&#8216;James Caan &#8211; Thirty Years in Business&#8217;</strong> at the Emmanuel Centre, Westminster. My luck did not end there because as a member of the team promoting the event I got to meet the man himself before proceedings started and a place on the front row to tweet live for ESBC. If you look carefully at the photo you&#8217;ll see me on the front row with my laptop open. <strong> It was an amazing and inspirational night and the packed audience went away excited and uplifted.</strong> What had they learned from James? I have captured many of his key points in the tweets that I posted on the night repeated here for your convenience.</p>
<p><em>On being proactive rather talking about recession&#8230;</em></p>
<p>&#8216;It&#8217;s what you can do for yourself&#8217;</p>
<p>&#8216;Last year we started 493,000 businesses in the UK.&#8217;</p>
<p><em>On learning from your mistakes&#8230;</em></p>
<p>&#8216;James Caan is telling the story of his purchase of Benjys and the importance of knowing when to quit.&#8217;</p>
<p>&#8216;Entrepreneurs need to have the ability to fail gracefully&#8217;</p>
<p><em>On entrepreneurship&#8230;</em></p>
<p>&#8216;Entrepreneurship is about the journey, not the destination.&#8217;</p>
<p><em>On cashflow&#8230;</em></p>
<p>&#8216;Payment terms are part of the sales process.If you can&#8217;t pay on 14 days we cannot do business with you.&#8217;</p>
<p>&#8216;I teach young people &#8216;cash accounting&#8217; rather than accrual accounting.&#8217;</p>
<p><em>On Start Up Loans &amp; helping others&#8230;</em></p>
<p>&#8216;We are starting 100 businesses a week with young people with ideas &#8211; we give them the money they need.&#8217;</p>
<p>Q &#8211; Why all the focus on young entrepreneurs? What about older people? A- &#8216;December 5th &#8211; the age limit will be extended up to 30 for the loans.&#8217;</p>
<p>&#8216;180,000 have downloaded James Caan&#8217;s free Business Secrets app. &#8216;</p>
<p><em>On equity&#8230;</em></p>
<p>&#8216;Don&#8217;t be afraid to give away equity&#8230;100% of nothing is nothing.&#8217;</p>
<p>I hope this has given you a taste of the evening. The next event is in February and the presenter is Michael Acton Smith aka &#8216;Mr Moshi Monsters&#8217; &#8211; you can book your place  &#8211;</p>
<p>We hope you have found this information inspirational.</p>
<p>Best regards,</p>
<p>Mike Pitt &#8211; Founder &amp; CEO of Marketing Fundamentals Ltd</p>
<p>The post <a href="https://www.marketingfundamentals.com/entrepreneurs-what-was-james-caans-advice-for-entrepreneurs-at-esbc/">Entrepreneurs &#8211; What was James Caan&#8217;s advice for entrepreneurs at ESBC ?</a> appeared first on <a href="https://www.marketingfundamentals.com">Marketing Fundamentals</a>.</p>
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