
9 business takeaways from #TheApprentice
18 of Britain’s most ambitious entrepreneurs took to our screens last night in the BBC’s eleventh series of #TheApprentice. So what did we learn?
.. a lot!
The programme format may not have changed much in 11 series, but that’s because it doesn’t have to. Many of the lessons that they learn along the way also remain the same. It’s also a personal favourite of mine, and it acts as a refresher for us all, and a reminder that we are not all super-human.
Lord Sugar puts 18 ‘hungry for success’ candidates through their paces in a series of challenging scenarios, until a winner is crowned Lord Sugar’s business partner. The new winner also receives a £250k cash injection into a new business.
The first task sees the candidates take on a fishy situation, where they have to purchase ingredients (at the right place), and turn it something tasty for the public to buy. A food task is always tough, but it covers a lot of business kills such as cost control (weights/measures) and equally important, the selling.
These are my takeaways from the new series
Even the best can crack under pressure
Start at the bottom and work your way up
Try something new, we all need to come out of our comfort zone
Sometimes the answer is staring at you
“Saving costs is your first profit”
Quick decisions don’t always make the best decisions,
…but spending too long to make one doesn’t either!
Always do your research
Everyone sells to the public, even if your business is online
Follow all the action on Twitter #TheApprentice >
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