Linkibuzz 30

Lack of Skills and Funding Hold Back Startups

Linkilaw Linkibuzz

For Linkibuzz 30, we have a few stories that should whet your appetite. We’ve got a story that will be appealing to any young people who are thinking of shunning the default life path of university and embracing entrepreneurship. There is some big news in the conveyancing market with a tech startup releasing the first ever cloud service for this market.

Last but not least, we’ll have to give another mention to concerning reports that startups are struggling to find skilled workers here in the UK and the trend in companies giving their employees a healthy work-life balance. You’ll find all of this out in Linkibuzz 30 today.

So grab your favourite beverage, sit down, and enjoy these latest stories.

Lack of Skills and Funding Hold Back Startups

According to Rachel Miller, Britain’s startup scene is being hindered by a severe skills shortage. This is something we here at Linkilaw are definitely aware of and have mentioned in our post on the current skills gap. What’s important here though is that this post shows that the biggest barrier to the growth of many startups in Britain face is a lack of skilled workers in the country.

A poll that is mentioned in the article found that 42% of entrepreneurs have difficulty finding employees with the right skills sets to help them grow their startup. That’s a crazy statistic and a very alarming one. In short, we need to take appropriate measures here in the UK to ensure that children are going to be able to rise to the occasion and meet this need in the future. Startups are a vital part of growth for the UK economy.

Thankfully, the government has taken steps to ensure that startups will continue to have a presence in the UK for the future.

Why Not Going to University Isn’t the End of the World

Here is something that will warm the hearts of all those young people with an entrepreneurial fire in their belly!

Founder of Wizzed Media, Arran Rice, says that not going to university isn’t the end of the world. This will be music to the ears for any young person who is filled with dread at the thought of going to university. Instead, Rice believes that entrepreneurship is a legitimate and very real alternative to university. We certainly agree with her and we also agree with her other assumption, that entrepreneurship isn’t for everyone.

We live in a society where going to university is the default option for a young person. Not going to Uni means you’re most probably going to be looked down to. Rice talks about it all, the highs and lows, and more importantly – why entrepreneurship is a legitimate alternative if you’re up for it.

If you think if you want to try entrepreneurship, then go for it and see if it’s for you. Better to try and find out for sure than to never know at all. Maybe Rice’s post will give you a bit of extra motivation.

Shakeup in Conveyancing With More Tech Startups

There is some big movement in the e-conveyancing market with the recent news that conveyancing startup When You Move obtained an alternative business structure licence from conveyancing regulator CLC.

This is big news for this market because When You Move is bringing technology to the property buying and selling market. It’s a full-service cloud sharing platform of its kind of this market and one that has the potential to revolutionise the industry.

Brokers, agents, and consumers demand efficiency and what this new cloud service does is give them exactly what they demand. More so, they can now track the conveyancing process in real time, something that has never been done before.

Watch this space, it could be big and we’re sure it’s going to continue growing in the future.

How Employers Can Give Their Staff A Better Work-Life Balance And Have A Happier, More Productive Workforce

Something that should be of interest to entrepreneurs that have their own employees is how to get the most out of them. This post by Chris Pyke explores how employers can create a work-life balance for their employees that help them perform at their best.

There are a few solutions that Chris explores that companies should consider. First, we have the 9 day fortnight, a method popular in North America that is a reasonable alternative to the 10 day fortnight. Next, we’ve got six-hour work days that have proven to be quite effective in Sweden.

This concept has grown in popularity recently and is now a more viable option for both companies and their staff. If staff can be trusted then there’s no reason they can’t work a couple days from home each week.\

It’s no secret that we need a healthy balance between work and life if we’re to really enjoy the workplace. We think all entrepreneurs should care about creating a healthy work-life balance for their employees. Happy employees are the best type of employees and this is what every entrepreneur should strive for.

Startups face a challenging future in the UK due to the skills shortage but at least, the government has addressed this. Entrepreneurship is now a much more viable career option than ever before so we say, take the leap of faith if it appeals to you. Watch the conveyancing startup space, big things could be happening there.

Last but not least, creating a healthy work-life balance is vital for the success of your employees. So see what you can do to create that balance for your staff.

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