Many of the 4 million expected UK Business Start Ups launching in the next 12 months will Fail? – Could their chances of success be increased?

It is expected that 4.7 million new businesses will be created during the next 12 months most dreaming of becoming the next Sir Alan Sugar, James Dyson or even Sir Richard Branson yet more than 90% will more than likely fail.

The Credit Crunch, poor cash-flow, profitability, lack of knowledge, lack of experience combined with the highest levels of stress that Entrepreneurs endure will in the main result in shattered dreams for theses courageous success driven Entrepreneurs.

Many Entrepreneurs who have failed would say, if I could do it again I would do it very differently, but just what exactly are the most costly mistakes a budding business Entrepreneur makes and if these mistakes were successes then how many of these businesses would have a much higher chance of success?

Many successful Entrepreneurs have at one time or another faced liquidation and even bankruptcy due to not having all the skills and knowledge required to be successful whilst high profile Entrepreneurs like Gerald Ratner have come through their challenges to make a full recovery. The major problem that we face in the UK is that bankruptcy and liquidation is frowned upon where as in the United States it does not carry the same stigma.

What if Entrepreneurs we not afraid to talk about the mistakes that they have made instead passed on this knowledge to other Entrepreneurs, then surely less mistakes would be made, more businesses would succeed and a higher percentage of Start Up Businesses would survive!

An Essex based company has created an Entrepreneur and Business Support website with “Prevention is better than Cure” thought process in mind and their idea just might catch on. The business idea was conceived by Bradley Chapman after he was forced into bankruptcy. He could not run his own business as a bankrupt instead gave the idea to a number of investors who subsequently created a board and a new business was formed.

We spoke with Bradley Earlier today and asked him what exactly is Million Impossible and how does he think it could help UK Entrepreneurs? Bradley said - “I went through a very challenging financial and personal time during 2006/2007 and had hit rock bottom. I have had many successes in business and have made some disastrous mistakes. I class myself as an Entrepreneur and we take risks to achieve our dreams, I believe that if Entrepreneurs stand together and talk about their failures as much as we love to talk about our successes then we could all learn from it.

Everybody talks about becoming a Millionaire and the name just came to me MILLION IMPOSSIBLE. I did not want the site to be the same as the usual corporate happy clappy business networks already in the market, instead I wanted to urge people to be honest and share their pains and challenges with each other so that the business became an Honest Network, which currently does not exist in the UK market. Million Impossible has been created for UK Business Underdogs and I have written a blog on the site which is called the Unknown Entrepreneur because so many Entrepreneurs are unknown because they just do not make it.

I have been honest with who I am and what I have been through. I will face criticism and even investigation due to my bankruptcy, but if the website changes the way that budding and experienced entrepreneurs help each other and together we can help more businesses succeed then we will have achieved hat we set out to do. All businesses you need a catalyst and I hope that my honesty will pave the way for more Entrepreneurs in making their journey that bit easier”.

The Business Underdog web site launched last November and is starting to make waves in the UK Networking arena and offers two levels of membership. You can register and use the site free or become a lifetime member with added benefits.

Members have started to talk honestly about their businesses respecting each others journey. The business offers everything from free advertising and memorable numbers to merchant services and hopes to capture the hearts and minds of the struggling UK Entrepreneur community by constantly delivering an enhanced value proposition to their  members.

Million Impossible PLC
The Essex Technology & Innovation Centre
Ongar, Essex CM5 0GA

Tel: 0845 468 5000 Fax: 0845 468 5001
www.millionimpossible.com
www.theunknownentreprenuer.com

Contact: Bradley Chapman
Email: info@millionimpossible.com

 

2008 - Rachel Elnaugh- “Never Say Die”

Some people say, some people do. It’s what we do not say that should really be said

Rachel - Thank you for talking to me about my current situation and the advice that you gave me. I feel quite naked right now, but i hope in some way that other entrepreneurs will find the comfort with the fact that they are not alone- and you most definitely personify everything that Entrepreneurs are and could become. You said to me that if I was open and honest about what i had been through that other Entrepreneurs would feel it, because 95% SME are going through similar challenges.

When we met today I asked you how you feel know after Red Letter Days and you said that you have found a kind of peace in your life and have time to reflect on what you actually want to do now.  Some people come in to our lives and go quickly while others leave a mark that lasts forever!

Thank you for your time and advice. Your book is great, I read it front to back last night and i must say it touched me. Appropriately named “Business Nightmares” When Entrepreneurs hit crisis point! Exactly where i and many of Million Impossible members are right now.

Thanks once again Rachel - “Never Say Die”

Regards
Bradley Chapman - The Unknown Entrepreneur
www.millionimpossible.com

Please visit Rachel Elnaugh’s web site http://www.rachelelnaugh.co.uk/. She is a very interesting and charming lady who has been through hell only to bounce back stronger - Carpe Diem!

Million Impossible — Blogs, Pictures, and more on WordPress

Million Impossible — Blogs, Pictures, and more on WordPress

2008- Million Impossible- Mi Tube Business Videos

Please visit www.millionimpossible.com to see the latest Mi Tube videos. We launched this section 3 weeks ago and its surprising how courageous you have to be to get behind the camera! In case i gave it a go - totally unscripted mind you!  We are trying to get Heidi to do one but she flatly refuses and well Colin did about ten takes and could not stop laughing so we are going to put up an “Outtakes” section just for Colin.

http://www.youtube.com/watch?v=ukzvMcqHs7Q

 

Regards Bradley - The Unknown Entrepreneur
www.millionimpossible.com

 

2008- Million Impossible! Dreamers Dream it,The Thinkers Think It, Entrepreneurs Do It!

Being an Entrepreneur is not an easy job. We take risks, we face failure more times than we realise success and we go to hell and back trying to achieve it.

The idea behind Million Impossible was very simple. Create a web site and unite Entrepreneurs together in the UK and then who knows the world. Join all our knowledge together and help each other! It would not matter whether you were bankrupt and facing financial disaster or whether your were already in your own eyes “Successful”…. If we could all share our experiences good and bad and be totally honest about them then we all just might have a greater chance of success.

Trying to get people to see your vision is slightly different. Can you imagine pitching to people while you are a bankrupt that you have an idea that could change the way that Entrepreneurs act towards each other. But don’t worry, as an Entrepreneur you will be called “CRAZY” more than once! Well that was 7 months ago and two stages in web site development later Million Impossible does not seem as Impossible as we first thought.

I can tell you this - People will ride on your coat tails of your fame and fortune while you are successful. You will impact many lives for the better, perhaps 1000’s as i have done and yet you can be discard in a second and dropped like a hot potato.

1. Start Now- Don’t be afraid to start again with or without money you can do it!
2. Alone- Take comfort that you are not the only one trying for the Impossible Million
3. Dreams- Follow you dreams and don’t ever give in even when you face your darkest hour
4. You’re not the first- Talk to people who have been through what you are going through
5. Celebrate the wins - Remember to smell the roses along the way
6. Kaizen - instead of passing blame, find a solution
7. Trust- Trust the ones you love and love the ones you trust
8. Visualise - See it, feel it, do it
9. Touch  - Go out and research your market and obtain feedback
10. MAKE IT HAPPEN - and above all ask for help!

The next stop for Million Impossible is to gain 1000+ members plus and then on to 5000 + members. We need your help in raising our membership numbers. The simple fact is that the greater number of people who register free and use Million Impossible the greater the benefit we will all receive and more Entrepreneurs will have a far greater chance of their business being successful.

PLEASE REGISTER FREE AT WWW.MILLIONIMPOSSIBLE.COM NOW AND TOGETHER WE CAN UNITE AND CREATE STRENGTH IN NUMBERS.

Strength in Numbers
Regards
Bradley

2008-The Unknown Entrepreneur - Just the Beginning!

Good Morning Entrepreneurs and Readers

My name is Bradley Chapman and today is the 12th May and it is two weeks until my 38th Birthday. I am The Unknown Entrepreneur. I came up with the idea for and created Million Impossible against all the odds and also being bankrupt. I have given up everything to help UK Entrepreneurs unite together and create strength in numbers.

If all our members find the courage to talk to each other in a raw and honest state then we will all learn from each other. If they do not find the courage then we will not. I will face criticism and of course  I will be judged by many, but if my honesty helps Entrepreneurs then i will have succeeded.

During late 2006 and 2007 I went through what was the most painful time in my life with my finances and my personal life in tatters. I had two choices, either go back into the corporate world and take a six figure + job which would have resolved all of my problems or go into bankruptcy and be left with absolutely nothing owning just the clothes on my back.

I decided that enough was enough, that too many Entrepreneurs had failed because they did not have all the knowledge, skills and experience to make it through the challenging path to achieve success. I decided that if i could start with absolutely nothing and become successful once more that it would help other people who are in or have been in my position. Any one can go from Rags to riches even when you have nothing - this is my story!

At the age of 37 I started my life’s dream of creating something that would help people in business and perhaps just perhaps help them in making their business journey just that bit easier. I was bankrupt and could not start or run my own company, so i gave my idea away to 5 investors who subsequently became the Board of Directors at Million Impossible.

I used all of my 37 years of knowledge and ability to pull together what is now www.millionimpossible.com. The idea was simple and that was - To build a web site that was honest, raw and open. A web site where entrepreneurs and people in business could talk, discuss, share and help each other. The more people that joined then the stronger we would all become. 

I hoped that Million Impossible’s web site would develop very differently compared to the usual corporate happy clappy “Look at me” based networking Site’s that currently exist. There was only one problem!

PEOPLE ARE JUST NOT COMFORTABLE TALKING ABOUT THE BAD THINGS THAT HAPPEN TO THEM.

I am going to share my Journey with you on the Unknown Entrepreneurs Blog. I am going to share with you what i had to do get Million Impossible off the ground. The restrictions and criticism that i face being a bankrupt. The slander and libelous comments that were made by a competitor who tried to stop Million Impossible going ahead. The insolvency people and how they viewed my involvement with Million Impossible as well as the personal challenges that i am facing every day and the courage, drive, belief, pain and innovation to get Million Impossible this far.

My initial thanks go to the wonderful investors and family who provided the money, the guidance, the faith and corporate structure to enable Million Impossible to be created in the first place- they are the board of directors.

There are also two very important people at Million Impossible who have been with the Board since the start- Heidi Weir and Colin Stroud…. You are my rocks of support…. I love you both and thank you! The road has been bumpy and we have made our fair share of mistake in forming the business. We have learned from our mistakes…We have a long way to go but just for one minute lets look back and see what we achieved in just 6 months.

We have created a Business and Entrepreneur networking website www.millionimpossible.com that is getting used more and more every day. We have built a FREE to advertise online business directory www.businesssourcer.com where all UK businesses can advertise free and we have also created www.numbersourcer.com which offers over 7 million searchable telecoms numbers for businesses starting from £99+ Vat for Life.

We have created something very special for all UK businesses in the short time that we have been live- Thank you both for all your hard work. You really are very special people indeed!

From today - I write in my blog as myself, I hope that you enjoy the reading it.

Regards and Best Wishes

Bradley Chapman
Entrepreneur

www.millionimpossible.com
www.bradleychapman.com
www.businesssourcer.com
www.numbersourcer.com
www.ukentrepreneurassociation.com

2008 - The Making of an Entrepreneur

Entrepreneurs start out with a big dream, a goal and a vision of what they hope to achieve or become. We all do it because deep inside us we have a burning desire to go it alone. Many of us have given up well paid jobs and a secure lifestyle to risk everything that we have in order to achieve our visions. I, like many others did this some time ago. I have learned so many things over the years and one constant remains throughout every Entrepreneurs journey toward success.

WE WILL ALL MAKE COSTLY MISTAKES AT SOME STAGE IN OUR JOURNEY

There is a very simple solution to reducing the amount of mistakes that we make and that is to form a collaboration of Entrepreneurs who have the minerals coupled with the courage and conviction to tell others about these mistakes which helps other people from making the same mistake.

THE PROBLEM IS THAT ENTREPRENEURS ARE JUST NOT DOING IT

Each Entrepreneurs journey starts out the same. A great idea, limited budget, hours upon hours of work, most of which unpaid, sacrifice and a bucket load of stress.

1. An Entrepreneur starts out with an idea- the most exciting stage.
2. You start to put this idea into practice
3. Your knowledge is limited
4. You have to build a trusted supplier/ services network - not knowing who you can trust
5. You do not have all the knowledge you need at this stage to overcome all challenges you face
6. You make costly mistakes and silly errors due to not knowing the correct way to do something
7. You launch your product and you are so proud
8. You start to grow your business
9. You face all the costs that you forgot to include in your plan
10. You did not realise how lonely being an Entrepreneur is
11. You feel that no one understands you or your business and they just cannot see what you see
12. You feel frustrated that you cannot move quickly enough
13. Your stress levels increase every day
14. You may have given credit and some one you supplied goes bust owing you thousand of pounds
15. Your cash flow becomes very tight
16. You have to secure further finances
17. Your family life suffers
18. You start to doubt if you can be successful
19. You realise that this is harder t than you first though
20. You wanted to be an Entrepreneur and now you start thinking about that easy job you used to have
21. You do not want to go back to normal work because you are now the master of your own destiny
22. You control what you do and how you do it
23. You have an idea and you can do it instantly
24. You do not have enough money coming in
25. You realise that you have not seen your family enough
26. You start to feel totally alone and no one can feel your pain
27. You talk honestly about what you are really doing to no one
28. You start to think that actually you cannot do it
29. You may at this stage have given up the ghost
30. You could be facing liquidation and even personal bankruptcy

I would guess that 90% of Entrepreneurs that started out with an idea that tried to build a business from an idea failed because they had limited knowledge and you cannot just plug yourself into the mains an upload the information like Keanu Reeves in “THE MATRIX”.

I gave everything up to follow through with an idea that would help Entrepreneurs success rate improve dramatically. I drove away from a high profile corporate role after loosing everything that i had, I went into bankruptcy and then started once again with nothing- but i did have one thing, the thing that i always have had in my heart,  my mind and my soul! I WANTED TO HELP ENTREPRENEURS!

My idea was to create a business where entrepreneurs could come and talk frankly about who they and what they are trying to achieve and ask for and give feedback that would help us all improve our chances of success.  I have been through all the steps above and many more and I’m still trying to achieve my dream and as long as i have the air in my lungs i will not stop.

I started work on my idea last September and i have worked for no income, I am bankrupt, my heart in still in tatters, my mind is still awash with my past actions and i am now stuck between nearly doing the thing i always dreamed of whilst still carrying the huge burden of guilt, pain and anxiety - thinking to myself “Oh my God what has happened to my life”

My idea is called Million Impossible PLC and the web site address is www.millionimpossible.com. On Monday i am going to tell you not only who i am but i am going to start to talk to you all about my actual events in my life. I am going to tell you why i decided to go in bankruptcy, give up everything and then give my idea to an investment team that became the board of Directors of the company that would make all the decisions on the business. I am doing this for one reason only. To help my fellow entrepreneurs to understand one thing.

ITS OK TO MAKE MISTAKES, WE ALL DO! ITS GETTING UP AGAIN THAT DEFINES WHO WE ARE

Don’t Every give in no matter what you face! If you believe you can do it, YOU WILL?

Kind Regards
The Unknown Entrepreneur

Born 24th May 1970
Age: 37
Children: 2
Star Sign: Gemini
Religion: Church of England
Religious Beliefs: He’s up there
Great Success: My Two Girls
Defining Moment in my life: Right now

Business Experience: Start up to IPO

Sectors: Retail, Wholesale, Mail Order, Fast Food, Import, Export, Manufacturing, Sales, Marketing, Web Design, Advertising, Stationary, Home Improvements, Credit Risk Assessment, Promotions and Branding, Recruitment, Magazine publishing, Business Networking, Telecoms, Mobile Phones, Stock Exchange, Directory management, Printing, Embroidery, Textile Printing, Textile manufacturing, Business Start ups and company formation, Fabric buying.
 

 

 

 

 

2008- The Unknown Entrepreneur to Reveal Himself

Fellow Entrepreneurs

We all choose to become Entrepreneurs without fully understanding exactly what we could be facing. I guess if you are like me then you enjoy challenges, love hard work and gave many things up along the way to realise your dreams, including money, love, family, friends and a life in general.

I am also certain that many of us would not have started our Entrepreneurial Journey if we had known what was lying ahead?

I spoke to a fantastic lady yesterday who has a very high profile and has been through what i can only guess was a traumatic time only to turn it round, shrug it off and become successful once more. This lady signs off her text messages as Regards R - I thank you for what you said to me and for what i am about to write, you made me realise that so many UK Businesses are in fact struggling but for various reason they do not ask for help even though they desperately need it.

I will reveal myself to you all on Monday 12th May and from that day i will no longer be the Unknown Entrepreneur. I will be the man who i have always been. A fighter, A Son, A father and also an Entrepreneur who believes in success being a journey and not a destination. 

I am a man who will stop at nothing to help fellow business people and Entrepreneurs in finding an easier route to success by uniting together, talking openly and honestly with each other about our thoughts feelings and confront the commercial challenges that we all have and are experiencing on our journeys and we will do this by creating strength in Numbers and going from Dreams to Reality..…

From the 12th May my blog will contain very raw, personal and open thoughts feelings and emotions about who i am and who i wish to become and above all how i think that as Entrepreneurs we can unite together and learn from each other. I am going to share myself with you all and let the chips fall where they may. I am going to open myself up to criticism and judgment from the UK’s press and Media and i am fully prepared to get Naked and Raw during this Journey and I believe that somebody has to do it.

You may be asking yourself this question right now “So What” who cares about this man and what is the relevance?

The relevance is this. There are 4.7 million sme businesses in the UK. Many of these buinesses are in a very tight financial spot. Many of these busnesses need more sales, more profit, more customers, a reduction in purchasing costs, help on what to do next and to discuss with people who have already experienced something that you are about to….

I am aged 37, I class myself as an Entrepreneur and yes i am chasing the Impossible Million! Isn’t everybody? I am going to do something that not many people have the courage to but so badly need it. I am going to try to get people to open themselves up and feel comfortable to talk about success and failures and feel totally OK about it…. after all that’s life…

WHY IS IT THAT A GAMBLER ONLY TELLS YOU ABOUT THE MONEY HE WINS?

Most people in business are the same, we all talk proudly about the wins, yet we have all made more mistakes than we have success. Its easy to sing all our praises and tell everyone we achieved this today - Great ! Fab, Amazing! It takes a greater level of strength to talk about those costly financial and personal errors that we have all made.

I’m going to tell you mine in the hope that it ill start a fire that you will all start to tell other Entrepreneurs about yours and together we can create something, unique and very special - Its called “Total Honesty” and perhaps just perhaps we will all be able to help each other

Initially i will probably feel like Jerry Maguire in the scene from the film where Just Jerry and fish Leave the Building after loosing all but one of his clients - we all know how it ends up!

Romantic yes, Doable yes,  So who’s coming with me…… I’ve got my fish. I am 37 years of age and my life has just begun! Will you start yours?

Regards
The Unknown Entrepreneur

 

 

2008 - Entrepreneurs- Have you got the Minerals?

How many people sit at their desks or behind the wheel of their car driving to work dreaming about becoming an Entrepreneur? How many people come up with the most amazing business concepts and ideas yet through circumstance, courage or know how never actually bring them to fruition? How many people given the right support, best advice and strategy planning could be the UK’s next serial Entrepreneur?

HOW is the word that plagues you the most and the how is potentially what stops you from taking that most important first step !!!!!!

HOW - WILL I DO IT
HOW - CAN I START IT
HOW - DOES THAT WORK
HOW- CAN I LEAVE MY JOB AND AFFORD TO TAKE THE RISK
HOW - WILL IT AFFECT MY FAMILY AND MY LIFESTYLE
HOW - SUCCESSFUL WILL I BE
HOW - COULD FAIL
HOW - BETTER OFF WOULD I BE
HOW - HAPPY WOULD I BE
HOW - WILL I BUILD MY NETWORK OF CUSTOMERS AND SUPPLIERS

HOW - many people just do not have the minerals? Well i can tell you all right now. Unless you have the balls, the courage and can celebrate the massive highs that you get when you make sales and achieve your successes and equally handle the failures and mistakes that most Entrepreneurs will make at some stage then get the thought of being an Entrepreneur out of your mind.

HONESTY - How many people are actually honest about the financial situation of their business, not many. Most would rather hide away in denial than actually ask for Help!

PAIN - You Will go through more pain being an entrepreneur than you have ever experienced in your life, don’t be fooled by this foolish romantic notion that being an entrepreneur it is a bed of roses.

IMPOSSIBLE DREAM - You can and may well achieve your dreams and what a wonderful place it is. So if you do have the minerals then do not start the journey.. If however you do, and are prepared to show totally honesty then step inside and join our organisation.

Budding entrepreneurs have all the support that they need and their are so many sites that you can visit and yes i guess I’m bias towards Million Impossible Plc as i have had some input on their start up and route to market but i honestly believe that the Entrepreneur business networking, business services and support web site that they have created is a sure fire winner for all new and seasoned Entrepreneurs…

www.millionimpossible.com welcome to the the world of the Business underdog. A place where we hear you, we feel you. All we need to do is see you.

If you are looking to build a trusted network of supplier used by other Million Impossible members, If you need constructive feedback and advice on how to form your business, create, set up and run it successfully as well as being able to promote your business totally free on www.businesssourcer.com

Membership to the site is now totally free and registration is quick and easy…. visit www.millionimpossible.com now, take the first steps towards making your dreams a reality and take the HOW out of becoming an Entrepreneur.

2008- What Credit Crunch? Great Free Business Advertising for Everyone!

Business Sourcer the FREE to advertise Business Internet Directory has announced that their advertising categories have been expanded to offer FREE UK WIDE advertising for the UK motoring industry.

New motoring categories which have been added to the free advertising site include Accident Repair / Body Shops ,Car Audio ,Car Breakers and Dismantlers ,Car Mechanics ,Car Valeting ,Driving Schools ,Garage Services ,MOT Test ,Motorcycle Dealers , Motorcycle Service and Repair ,Private Number Plates ,Recon Engines and Gearboxes ,Tyre and Exhaust Centres  and Windscreen replacement.

The web site www.businesssourcer.com has an auto upload facility for customers to load their adverts in their own time, alternatively customers can call 0845 468 5000 and the Business Sourcer team will be pleased to take your business details manually.

Every customer is offered a full page of advertising for their business with all artwork costs being absorbed by the art team at Business Sourcer. The advert provides 150 words for the business description with 6 key bullet points showing core activities of the business, a location map, a full colour logo, contact and web site details as well as full link through to the advertiser’s web site.

Business Sourcer plans to extend the Free Advertising opportunity to take in further motoring categories during April 2008 and by May 2008 will launch Scotland, Wales and Ireland to become a leading United Kingdom FREE advertising internet directory service.

Business Sourcer is part of the Sourcer Group Brands which are owned and operated by Million Impossible Plc www.millionimpossible.com . Million Impossible launched their Entrepreneur Business Networking website during November 2007 and has already received press reviews from the UK and USA.  The stage two web site has recently achieved live status and the company now expects a massive surge in members joining the Network.

Million Impossible Plc offers business individuals and Entrepreneur to the opportunity to come together and unite creating a strength in numbers via their online business networking website. The Plc created the Sourcer Group Brands to be able to offer maximum cost effective support to UK businesses by providing Free advertising and costs effective telecoms solutions.

During 2008 Million Impossible Plc plan to launch Car Sourcer www.carsourcer.com with a full SEO and SEM campaign to support the marketing of the brand. Car Sourcer will offer all UK New and Used car dealers the opportunity to pay a one off fee for lifetime advertising. The Car dealers will have the added advantage of being able to upload their cars sales details daily, keeping stocks fresh and up to date. The website is being designed with a full back end CMS system. Customers will have their own login access and will be able to customise their advertising page.
Million Impossible Plc
The Essex Technology & Innovation Centre
Ongar, Essex CM5 0GA

Tel: 0845 468 5000 Fax: 0845 468 5001
Email: info@millionimpossible.com
Website: http://www.millionimpossible.com

  http://www.live-pr.com/en/business-sourcer-set-to-rev-up-r1048188749.htm