Category Archives: Motivation Techniques

Enrepreneurs need motivation techniques that work for them. The techniques which work will depend on many factors, so we have presnted a set of expert techniques from the upcoming book. The Motivated Entrepreneur.

Creating Value-Driven Startups: Moving Beyond the MVP Hype

Why lean isn’t enough—and how value creation builds businesses that last


In today’s startup culture, the Minimum Viable Product (MVP) has become something of a holy grail. Popularized by Eric Ries in The Lean Startup, the MVP is described as the simplest version of a product that can be released to test hypotheses and gain customer feedback. It’s fast, frugal, and focused.

And yet, as someone who has worked with hundreds of startups and advised entrepreneurship programmes across sectors, I’m starting to ask:
Have we gone too far with the MVP mindset?

Too many founders are stuck shipping half-baked products, mistaking viability for value. They aim to “fail fast”—but often end up failing shallow.

It’s time to move beyond MVP hype and refocus on something more enduring: creating real value.


The MVP Trap: Fast But Fragile

Don’t get me wrong—lean thinking has its place. It prevents founders from building in a vacuum and encourages rapid iteration. But over time, the MVP approach has been reduced to “launch anything quick and dirty” without a deeper reflection on long-term customer value.

As academic research begins to show, this oversimplification has real consequences.

“Lean startup methods can result in premature scaling if the learning process focuses on superficial feedback rather than deep value creation.”
Blank & Dorf (2012), The Startup Owner’s Manual

In other words, just because something is “viable” doesn’t mean it’s meaningful. Without understanding the core value you’re delivering—and to whom—there’s a risk of building a product that works but doesn’t matter.


Value Creation: The Real Driver of Lasting Businesses

In contrast, value-driven startups focus on solving real problems for real people in ways that are desirable, feasible, and sustainable. This isn’t just about functionality—it’s about impact.

As strategy scholar Michael Porter argues:

“Competitive advantage is created and sustained when firms deliver greater value to customers or create comparable value at lower cost.”
Porter (1985), Competitive Advantage

Value creation means understanding:

  • What your customer truly cares about
  • How your solution improves their life
  • Why your offer is better than alternatives

This leads to stickier products, stronger word-of-mouth, and deeper emotional engagement—all of which support long-term growth.


Examples of Value-Driven Startups That Went Beyond MVP

1. Canva

In my recent blog on Canva’s early days, we saw how co-founder Melanie Perkins identified a deep pain point: the complexity of design software for non-designers. Rather than simply launch a basic design tool, Canva focused on ease, speed, and beauty from day one.
They delivered value—not just a viable product.

2. Notion

Notion didn’t release its first product until years after development. Why? Because it wasn’t just about launching an MVP—it was about creating a tool that people loved using every day. Their focus on elegance, simplicity, and modularity led to high retention and viral growth.

3. Duolingo

Instead of launching a barebones app to test assumptions, Duolingo obsessed over learning outcomes. They made language learning fun, gamified, and research-backed—leading to real user value and a product that has scaled globally with strong loyalty.


Academic Perspectives on Value-First Innovation

Value creation is increasingly seen as the central pillar of innovation in entrepreneurship literature. Sarasvathy’s concept of effectuation—a theory on how expert entrepreneurs operate—places strong emphasis on leveraging existing means to co-create value with stakeholders, rather than just validating hypotheses.

“Entrepreneurs start with who they are, what they know, and whom they know… and interact with others to co-create opportunities.”
Sarasvathy (2001), Effectual Reasoning in Entrepreneurial Decision Making

Likewise, Osterwalder’s Value Proposition Canvas has emerged as a tool that shifts attention from the MVP to customer gains and pains, helping entrepreneurs design products that are deeply aligned with user needs.


From MVP to MVD: The Minimum Valuable Difference

What if, instead of focusing on the Minimum Viable Product, we focused on the Minimum Valuable Difference?

What is the smallest thing you can offer that makes a real difference in someone’s life or work? That’s where true traction starts.

Value-driven startups don’t just ask, Can we build this?
They ask:
Should we build this? And will it truly help someone?


Final Thoughts: Redefining Startup Success

MVPs can get you started—but only value creation keeps you going.

In a world where users are drowning in “viable” but soulless products, it’s the businesses that focus on deep, relevant, and transformational value that will stand the test of time.

If you’re a founder, ask yourself:

  • What is the real outcome I’m enabling for my customer?
  • Am I focused on features, or on transformation?
  • Would anyone care if my product disappeared tomorrow?

Only when the answer is “yes”—because of the value you create—should you launch.


Want to build a value-driven business from day one?
Join our upcoming session on “From Ideas to Impact” at Albion Business School, where we’ll explore the tools and mindsets to make your startup matter.

Unlocking Growth: The 9 Stages of the Entrepreneurial Lifecycle

How a structured approach to entrepreneurship can drive national economic development


Entrepreneurship is often romanticized as a chaotic, unpredictable journey—but the truth is, behind every successful business lies a lifecycle. Just as humans grow through distinct stages, so do entrepreneurial ventures.

Over the past few years—through my work in academia, consultancy, and government advising—I’ve found that helping people understand where they are in the entrepreneurial journey can make the difference between failure and flourishing.

That’s why I developed a practical framework called the 9 Stages of the Entrepreneurial Lifecycle. This model doesn’t just help entrepreneurs navigate their own paths—it also provides governments, educators, and economic developers with a blueprint for building an entrepreneurial nation.

Let’s take a closer look.


The 9 Stages of the Entrepreneurial Lifecycle

Each stage reflects a different phase in a business’s evolution—from the first spark of an idea to a successful exit. Here’s how it breaks down:

1. DiscoverySpotting the Opportunity

This is where it all begins. Entrepreneurs identify problems, needs, or gaps in the market.
🧠 Connected blogs:

Why Every Entrepreneur Needs to Master the Art of Opportunity Recognition

9 Stages of Enterprise Creation: Stage 1 – Discovery

2. ModelingDesigning the Business Blueprint

Once the opportunity is clear, the focus shifts to business models, customer segments, value propositions, and revenue streams.

🧠 Connected blogs:

9 Stages of Enterprise Creation: Stage 2 – Modeling

The Business Plan – Deep Dive into Financial Planning

Developing a business process diagram for your startup

3. StartupFrom Idea to Action

The venture becomes real—founders mobilize resources, form teams, build MVPs, and launch early versions of their product or service.

🧠 Connected blogs:

9 Stages of Enterprise Creation: Stage 3 – Startup

Revolutionizing Startups: Harnessing AI for Efficiency and Growth Without Relying on Cheap Labour

4. ExistenceValidating the Market Fit

The business acquires early customers and proves the value proposition. It’s about proving the concept works in the real world.

🧠 Connected blogs:

9 Stages of Enterprise Creation: Stage 4 – Existence

Its Sunday Afternoon, what should I do?

5. SurvivalAchieving Sustainability

This is where many ventures struggle. They need enough cash flow to cover costs, scale operations, and survive the lean times.

🧠 Connected blogs:

9 Stages of Enterprise Creation: Stage 5 – Survival

The Importance of Mental Health for Entrepreneurs

6. SuccessGrowing and Expanding

Now it’s about taking off. Businesses in this stage often seek funding, expand their teams, enter new markets, or optimize their operations.

🧠 Connected blogs:

9 Stages of Enterprise Creation: Stage 6 – Success

The Role of Mentorship in Entrepreneurial Success

Understanding Locus of Control: A Key to Entrepreneurial Success

7. AdaptationResponding to Change

Markets shift. Competitors appear. New technologies disrupt. Adaptable businesses innovate and pivot to stay relevant.

🧠 Connected blogs:

9 Stages of Enterprise Creation: Stage 7 – Adaptation

Building an Inclusive Culture from the Ground Up: A Guide for Leaders and Founders

8. IndependenceOwning the Market

These businesses are now robust, profitable, and self-sustaining. They often become leaders in their space.

🧠 Connected blogs:

9 Stages of Enterprise Creation: Stage 8 – Independence

Remember your motive for starting a business

9. ExitPassing the Torch

Founders may sell the company, go public, or transition to a new leadership team. This frees capital and energy for the next idea.

🧠 Connected blogs:

9 Stages of Enterprise Creation: Stage 9 – Exit

Do you know your Exit Strategy?


Why This Model Matters for National Economic Development

Too often, economic development policy focuses narrowly on startup support—but this ignores the reality that entrepreneurial needs evolve.

By using the 9-stage model, governments and support organizations can:

✅ Design targeted interventions (e.g., ideation grants vs. scale-up finance)
✅ Measure success more accurately across each stage
✅ Create stage-specific training, mentoring, and funding tools
✅ Avoid one-size-fits-all policies that fail to meet real needs
✅ Support entrepreneurial ecosystems that are holistic, not fragmented

Just imagine the power of national strategies that don’t just encourage people to start businesses—but help them grow, adapt, succeed, and exit effectively.


Embedding the Lifecycle in Education and Practice

At Albion Business School and through our entrepreneurship programmes, we’re embedding this lifecycle into student learning—from foundation year to graduate-level projects. We also encourage schools to introduce the concept at an earlier age.

🧠 Connected blog: Building Entrepreneurial Mindsets in Teenagers: Lessons from Education and Practice

When young people understand the journey of entrepreneurship, they stop expecting overnight success—and start building step by step.


Final Thoughts: A Pathway to Prosperity

We live in an age where economic transformation is urgently needed—whether due to climate challenges, digital disruption, or population shifts.

Entrepreneurship, when supported well, has the power to revitalise economies, create meaningful jobs, and build national resilience.

The 9 Stages of the Entrepreneurial Lifecycle provides more than just a roadmap for individuals—it offers a strategic tool for countries and communities to design better support, smarter policies, and more successful ventures.

Let’s stop guessing what entrepreneurs need—and start guiding them with clarity and purpose.

The Importance of Mental Health for Entrepreneurs

Entrepreneurship is an exciting journey filled with innovation, ambition, and the pursuit of dreams. However, the relentless pressure to succeed, make decisions, and overcome challenges can take a significant toll on mental health. Entrepreneurs are more likely than the general population to experience stress, anxiety, and burnout, making mental health a critical aspect of long-term success.

In this blog, we’ll explore why mental health is essential for entrepreneurs and highlight free resources and networks that can help entrepreneurs and employees maintain their well-being.


Why Mental Health Matters for Entrepreneurs

  1. Sustained Productivity:
    Mental health challenges can hinder focus, creativity, and decision-making. Maintaining mental well-being ensures entrepreneurs can perform at their best.
  2. Resilience in Uncertainty:
    Entrepreneurship often involves uncertainty and risk. Strong mental health provides the resilience to adapt and thrive in changing circumstances.
  3. Healthy Relationships:
    Managing a business requires healthy communication and relationships with employees, partners, and clients. Mental health plays a key role in fostering these connections.
  4. Preventing Burnout:
    The drive to succeed can lead to overwork and exhaustion. Recognizing the importance of mental health helps entrepreneurs establish boundaries and prevent burnout.
  5. Long-Term Success:
    Prioritizing mental health isn’t just about survival—it’s about thriving. A healthy mind enables sustainable business growth and personal fulfillment.

Challenges Entrepreneurs Face

  • Isolation: Many entrepreneurs feel isolated, especially in the early stages of their journey.
  • Financial Pressure: Balancing budgets and securing funding can be overwhelming.
  • Work-Life Imbalance: Long hours and constant demands often lead to neglect of personal needs.
  • Fear of Failure: The high stakes of entrepreneurship amplify anxiety about failure.

Recognizing these challenges is the first step to addressing them.


Free Mental Health Resources and Networks

To support entrepreneurs and employees, here are some free resources and networks designed to promote mental well-being:


1. Mind (UK)

  • What It Offers:
    Mind provides free mental health support, including helplines, online forums, and guides on managing stress and anxiety.
  • Website: Mind
  • How to Use: Access their free guides or join their online community to connect with others.

2. BetterHelp Community Resources

  • What It Offers:
    While BetterHelp is a paid platform for therapy, they offer free webinars and resources on topics like managing stress and burnout.
  • Website: BetterHelp Resources

3. Calm App (Free Features)

  • What It Offers:
    Free meditations, breathing exercises, and mindfulness practices to help reduce stress.
  • Website: Calm
  • How to Use: Explore the free content available in the app to develop mindfulness habits.

4. Open Counseling

  • What It Offers:
    A directory of free and low-cost mental health services globally, including support groups and therapy options.
  • Website: Open Counseling

5. Entrepreneurs’ Organization (EO) Peer Support Groups

  • What It Offers:
    EO provides peer-to-peer forums for entrepreneurs to share experiences, seek advice, and connect with others who understand the entrepreneurial journey.
  • Website: Entrepreneurs’ Organization

6. National Alliance on Mental Illness (NAMI)

  • What It Offers:
    Free helplines, support groups, and educational resources for mental health.
  • Website: NAMI
  • How to Use: Join a local support group or access their online resources.

7. Meetup Groups for Entrepreneurs

  • What It Offers:
    Networking and peer support through entrepreneur-focused Meetup groups in your area.
  • Website: Meetup
  • How to Use: Find groups focused on entrepreneurial mental health or stress management.

8. Headspace for Work (Free Trial for Teams)

  • What It Offers:
    Headspace offers mindfulness and meditation tools, with free trials for organizations. Individuals can also access limited free content.
  • Website: Headspace

9. Reddit Communities (r/Entrepreneur & r/MentalHealth)

  • What It Offers:
    Reddit forums allow entrepreneurs to share challenges and advice in a supportive, anonymous environment.
  • Website: r/Entrepreneur and r/MentalHealth

10. Open Path Collective

  • What It Offers:
    Affordable counseling services for individuals and families, with some providers offering free sessions.
  • Website: Open Path Collective

Best Practices for Maintaining Mental Health

  1. Set Boundaries:
    Define work hours and stick to them to avoid overworking.
  2. Practice Self-Care:
    Regular exercise, healthy eating, and sufficient sleep are non-negotiables for mental health.
  3. Stay Connected:
    Build a support system of peers, mentors, and loved ones to share experiences and seek advice.
  4. Leverage Tools:
    Use apps like Calm, Headspace, or Notion to organize tasks and incorporate mindfulness practices.
  5. Seek Professional Help:
    Don’t hesitate to seek therapy or counseling when needed. Many of the resources above provide affordable options.

Conclusion

Mental health is not just a personal matter—it’s a business imperative. Entrepreneurs who prioritize their well-being are better equipped to innovate, lead, and sustain long-term success. By leveraging free resources and building supportive networks, entrepreneurs can navigate the challenges of their journey with resilience and clarity.

Remember, asking for help is not a sign of weakness—it’s a step toward strength. Whether through professional resources, peer support, or daily self-care practices, nurturing mental health is an investment in both personal and professional growth.

The Impact of Remote Work on Entrepreneurial Ventures

Remote work has evolved from a niche practice to a cornerstone of modern business operations. For entrepreneurial ventures, this shift offers unique opportunities and challenges. With flexibility, reduced overhead costs, and access to a global talent pool, remote work can be a game-changer for startups. However, maintaining productivity and fostering collaboration requires intentional strategies.

Here, we’ll explore how remote work impacts entrepreneurial ventures and highlight good practices that enhance productivity.


1. Flexibility: Empowering Entrepreneurs and Teams

Impact:
Remote work allows entrepreneurs and employees/contractors to work from anywhere, enabling better work-life balance and fostering creativity. This flexibility remote working provides can lead to increased job satisfaction and reduced burnout, essential for productivity and innovation.

Good Practice Example:

  • Flexible Schedules: Tools like Trello or Asana allow entrepreneurs to assign tasks and set deadlines while letting team members work during their most productive hours. For example, a startup operating across multiple time zones can schedule updates asynchronously to keep projects moving without the need for constant real-time meetings.

2. Cost Savings: Reducing Overheads

Impact:
Eliminating the need for physical office spaces significantly reduces costs, enabling entrepreneurs to allocate resources to growth activities like marketing or R&D.

Good Practice Example:

  • Coworking Memberships: Some startups maintain access to coworking spaces for team members who occasionally need a physical space. Companies like WeWork offer flexible plans that combine the benefits of remote work with the perks of professional office environments.

3. Access to Global Talent

Impact:
Remote work allows startups to hire the best talent worldwide, creating diverse teams with unique perspectives. Getting the employment model right is difficult as governments make it hard to employ people in other countries, so either hire them as independent contractors or use a global payroll provider. This global access can accelerate innovation and improve problem-solving.

Good Practice Example:

  • Diverse Recruitment Platforms: Using platforms like Remote.co or Turing, startups can attract specialized talent while setting clear expectations for remote collaboration. To onboard effectively, tools like Loom can create video guides, enabling employees to hit the ground running.

4. Improved Productivity: Turning Challenges into Opportunities

While remote work can boost productivity, it also comes with risks like miscommunication or distractions. Entrepreneurs must actively create structures that promote focus and efficiency.

Good Practice Example:

  • Daily Standups with a Twist: Startups like Buffer host asynchronous daily updates via tools like Slack or Notion. Team members share their progress, plans, and blockers in writing, reducing meeting fatigue while keeping everyone aligned.
  • Focus Blocks: Encouraging “focus blocks” where team members mute notifications and work undisturbed can significantly enhance output. Tools like Clockwise optimize calendars to ensure deep work time is prioritized.

5. Building a Collaborative Culture

Impact:
Maintaining team cohesion and collaboration can be challenging when working remotely. Entrepreneurs must foster a strong sense of community to keep teams engaged and productive.

Good Practice Example:

  • Virtual Coffee Chats: Companies like Zapier encourage informal interactions through scheduled virtual coffee breaks. Pairing team members randomly for casual chats mimics the watercooler effect, fostering stronger relationships.
  • Collaborative Tools: Using platforms like Miro for brainstorming or Figma for design collaboration can simulate the experience of in-person teamwork, enabling real-time creativity.

6. Balancing Accountability and Autonomy

Impact:
Remote work thrives on trust, but without accountability structures, projects may derail. Finding the right balance between autonomy and oversight is key.

Good Practice Example:

  • OKRs (Objectives and Key Results): Startups like Google use OKRs to align team goals and measure outcomes. Entrepreneurs can track progress without micromanaging, allowing team members the freedom to work independently.
  • Task Visibility: Tools like ClickUp offer dashboards where everyone can view project statuses, deadlines, and responsibilities, promoting transparency and accountability.

7. Tackling Remote Fatigue

Impact:
While remote work has many advantages, it can also lead to feelings of isolation or fatigue. Addressing these issues proactively improves morale and productivity.

Good Practice Example:

  • Work-Life Boundaries: Encourage team members to set clear boundaries, such as no emails after working hours. Tools like Microsoft Teams allow scheduling of “quiet hours” to avoid burnout.
  • Wellness Initiatives: Startups like Basecamp offer stipends for wellness programs, such as virtual yoga or meditation classes, promoting holistic health.

Conclusion

The rise of remote work has opened new doors for entrepreneurial ventures. By embracing flexibility, leveraging technology, and fostering a collaborative and accountable culture, startups can unlock higher productivity and innovation. However, success in a remote environment requires thoughtful strategies tailored to individual team needs.

Entrepreneurs who view remote work as an opportunity to rethink traditional practices will thrive in this new landscape. As the workplace continues to evolve, those who adapt will not only enhance productivity but also build resilient, future-proof businesses.

Leveraging Summer’s Arrival: Tips for Entrepreneurs to Shine Brighter

Ah, summer! It’s not just about flip-flops and lemonade stands; it’s a season bustling with untapped potential for the savvy entrepreneur. As the first day of summer rolls in, bringing longer days and a promise of new beginnings, it’s the perfect time to re-energize your business approach. Let’s explore how you, as an entrepreneur, can make the most of this vibrant season.

Harnessing the Sunshine: Boost Your Productivity

Who says summer days are just for relaxation? For entrepreneurs, the extra hours of daylight are like a bonus pack of time. Here’s a hot tip: start your day earlier to catch that serene morning vibe. The calmness of early hours, combined with the fresh summer air, can be incredibly conducive to focus and productivity. Remember, an early start can lead to an early wrap-up, giving you more time to enjoy those lovely summer evenings.

Creative Brainstorming: Let the Sun Ignite Your Ideas

Summer is synonymous with creativity and inspiration. Take your brainstorming sessions outdoors! Ever thought about holding a meeting at a park or a casual café patio? Nature and new environments can spark unique ideas that you might not stumble upon in a traditional office setting. Let the sunshine and summer breeze be your brainstorming buddies.

Networking: Summer Style

Say goodbye to stiff, formal networking events – summer is about being laid-back yet effective. Whether it’s a casual golf game, a barbecue, or a beach-side gathering, summer offers numerous opportunities to network in a more relaxed setting. These laid-back environments can foster genuine connections, making them a perfect backdrop for building your entrepreneurial network.

Balancing Work and Well-Being

While summer can be a productivity booster, don’t forget the essence of the season – rejuvenation. Work-life balance is crucial. Maybe integrate a quick swim, a short hike, or a family picnic into your week. Remember, a relaxed mind can lead to a more productive work life. And hey, don’t shy away from a short summer getaway; sometimes, a small break is all you need to come back stronger.

Embracing Digital Tools: Streamline for the Season

Utilize digital tools and apps to streamline your work process. Automating certain tasks gives you more freedom to enjoy the summer days. For instance, scheduling social media posts, using project management software, or automating customer emails can save you tons of time – time that can be spent soaking up some sun!

Summer Marketing: Seasonal Strategies

Summer isn’t just a season; it’s a vibe. Inject this vibe into your marketing strategies. Why not run a summer-themed promotion or use summer-centric visuals in your marketing materials? It’s a fantastic way to connect with your customers and bring a fresh, seasonal touch to your brand.

Health is Wealth: Staying Energized

Don’t forget, staying hydrated and maintaining a healthy diet is especially important during the warmer months. These are not just wellness tips but entrepreneur tips too! After all, your health directly impacts your business performance.

Conclusion: Seize the Summer!

As we wrap up (or should we say, as the sun sets on this post?), remember, summer is a unique blend of relaxation and activity. It’s the perfect season to push your entrepreneurial boundaries while also taking time to recharge. Use these tips to make the most out of these sun-kissed days, and let your business shine as brightly as the summer sun!

Just in case you need further motivation

  1. “Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” – Albert Schweitzer. As the warmth of summer energizes us, remember that finding joy in what you do is the real cornerstone of success.
  2. “The secret of change is to focus all of your energy not on fighting the old, but on building the new.” – Socrates. This summer, channel your energy into creating and evolving, just like the vibrant season around you.
  3. “Your time is limited, don’t waste it living someone else’s life.” – Steve Jobs. Summer’s longer days are a reminder of how precious time is. Use them to forge your unique path and live your truth.
  4. “Do what you can, with what you have, where you are.” – Theodore Roosevelt. Summer is the perfect time to start. You don’t need to wait for perfect conditions; start with what you have right now.
  5. “Every morning you have two choices: continue to sleep with your dreams, or wake up and chase them.” – Unknown. Let the sunrise of each summer day be your call to action, to chase and realize your dreams.