Former corporates pioneer the new breed of start-ups

First printed in the Sunday Independent on 15/11/2015 One might be forgiven for thinking that all start-ups begin in garages and offices set up in spare bedrooms, but many former employees of multinational corporations are also having a pop at world domination. One might imagine that the new breed of entrepreneur would never have been corrupted by the air breathed in corporate offices or by the golden handcuffs of the corporate perks. Yet increasingly start-ups are emerging from corporate – taking the best practice and applying it to a very much scaled-down business model. Perhaps it is also a sign of a recovering economy to witness increasing numbers of entrepreneurs leaving the safety of the PAYE net and venturing out on their own. One observer to see first-hand this new breed of entrepreneur is Richard Donelan, founder and chief presenter of IrishStartUpTV. An endurance athlete by passion and an observer by nature, Donelan found himself working in Dogpatch Labs as a mentor to new start-ups. Dogpatch Labs is a co-working space and incubation facility. Originally launched by Polaris Partners in San Francisco in 2009 and with subsequent facilities in New York, Boston and now Dublin, Dogpatch Labs spaces have incubated […]

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Stand back, there’s a new kid in town – hail the rise of the sidepreneur

First printed in the Sunday Independent on 1/11/2015 Sidepreneurs have all the hallmarks of more mainstream entrepreneurs – except they also have to keep going at their day job while doing it, writes Jillian Godsil They say the best business is grown in a recession – where labour, rents and expectations are cheap, but equally venture capital, support and credit is short. To straddle that gap comes the new sidepreneur – someone who has the idea and drive to create their own business, but is not quite ready to quit the day job yet. Eoin Costello, CEO of Start-up Ireland, has a burning passion to turn the island of Ireland into a start-up hub – attracting entrepreneurs and venture capital in equal parts. His view is to create a global hub in Ireland, attracting the best ideas and providing the best supports. The first Start-up Gathering that ran last week has created a huge groundswell of interest, with hundreds of events in the ‘5 Cities, 5 Days’ island-wide convention. However, for every 100 entrepreneurs taking their first brave steps, Costello reckons there are at least 500 waiting to find the right time, the money or the opportunities to put their […]

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