Startup Insights from Chris Mitchell, Audio Analytic
One of the most inspiring session I attended last week is a short discussion with Chris Mitchell, founder of Audio Analytic. Chris is one of the Kauffman Global Scholars alumni who chooses to return to U.K. to start his venture locally. Other than the usual tips such as recruit the best engineers to make your ideas happen and to choose carefully which the best marketplace for your product is, I believe Chris has shared with us the most overlooked resources to leverage our startups, i.e. the government.
Following are some of the insights which I believe are as important as other most commonly discussed tips for startups:
Start locally by finding local investors who are interested in your business
Find alternative research funding, including from various government initiatives and research support
Use your government councils to leverage your sales channels in other countries all over the world
I hope these insights would help getting more ideas on how to start your businesses. Good luck, everyone!