All posts by Angela Spang

Swedish born entrepreneur and business leader with an exceptional talent to form strong and winning teams.

The kids won’t EVER be silenced

When parents are still searching for their missing children and the number of deaths is still counting higher by the hour, it is so hard to stay hopeful. My heart bleeds for Manchester.

But we have to.

We cannot change the plans for today out of fear, only out of compassion. And we can not change our plans for tomorrow, or the day after that.

A little while ago it was my home country that suffered at the attack of a crazy evil person, out to kill as many as possible. Last night it was my adopted home country. No matter where we are from or which language we speak, I know this: you can’t silence the generation that was attacked last night. Those who have learnt to keep singing when the music stops will never ever be silenced.

When the music stops, we have to remember what the lyrics were. And Ariana Grandes “Dangerous Woman Tour” is as much a political and gender equality statement as anything else. She has gone from Disney princess to a strong activist fighting for womens rights.

She has taught millions of young women that their voices can’t be silenced, and they are proving her right, without apologizing for it for a second. They demand their own voice is heard and recognised, demand it to belong to them and nobody else, because they know they can.

They can, and they will.

They have already learned to not be pretty and sit in the corner until spoken to. Trust me, as scared as they may be, they will NOT run and hide. And neither should we.

GUEST BLOG: UK Ice Skating Champion Louise Walden-Edwards

I’ve recently had the pleasure of connecting with world class professional athlete Louise Walden, and convinced her to write about her approach to learning, a key aspect that we both view as central to success. Here is her story.

Louise Walden and Owen Edwards

“My View Of Learning…

My view on learning now differs dramatically to what I once thought it was as a child. As an active, easily distracted child, who was once described by a teacher as ‘no better than average’, learning for me was obligatory hours spent at school. I probably would have told you that learning was boring, inconvenient and dull.  As I reflect now, I question whether my view was the innocence of youth or in actual fact something that I had learnt in itself.

Now as former British Champion, Team GB member, World Class professional athlete and International Gold Medallist, who has built her career on constantly exceeding expectations, I can deduce a completely different perspective to that of my younger self. Learning for me is a fundamental aspect of life.  The knowledge that we gain from learning and the way in which we use it, is how we allow ourselves to evolve, develop and be our own success.

As a child I associated learning with education and without choice, which back then I suppose it was to some extent, but my perception was also that anything outside of academia or anything a little bit creative, was merely playtime.  Where that view point came from I am unsure of, but that highlights to me that as teachers, parents and role models, we have a responsibility to be aware of how we inadvertently influence those around us.

I now find learning is exciting, necessary and valuable.

It is a privilege, it is precious and an investment in ones future.  Without learning we cannot grow, progress or succeed and it is imperative for limitless self improvement.  How you choose to learn, who you choose to learn from, the knowledge you gain from those experiences and then how you use it, is what makes us all unique.

 

My adult self now appreciates that learning does not need to be attributed to education, teachers or text books.

I am constantly learning from every person that I meet and every experience that I find myself in.  I believe that without learning from both negative and positive experiences, failings and victories, pessimists and optimists, we may never reach our full potential.

I expect I will always be selective with who I allow to demonstrate leadership and inspire me.  The ability to lead and to teach I’m my opinion, is giving the gift of knowledge to others and something I feel very protective of, as knowledge in the wrong hands may not always be productive.  Leaders and motivators therefore have a responsibility to allow people to be themselves, to encourage freedom of expression and interpretation of knowledge, so that a person may create their own path.

Perhaps the most valuable lesson I learnt as a child did in fact originate from my school days and from that very teacher who thought I wouldn’t amount to much.

I learnt from him I needed to strive to overachieve in every aspect of my life.

I have lived in fear of that word ‘average’ and made sure that everything I do is to the best of my ability.

I live by the belief that the sky is the limit and that if you dream, believe, work and focus relentlessly on what you want to achieve, you can and you will achieve it.”

Louise Walden-Edwards

~ * ~

 

 

 

 

 

Gut Says YES, Brain Says NO….!??

If you’re like me, you often find yourself with two options, both appealing for your young startup: one risky, the other is safer.

The risky option promise big growth, great opportunities and fast revenue. Even though you know it’s more than you can take on, you leap. Your heart is shouting a clear Yes, telling you how great it will be and how proud it will make you. Shouting No (almost) as loudly is your sensible and cautious head, which instructs you to slow down and think about it some more.

People around you (especially as you start up) will likely tell you to “listen to your heart,” and “believe in yourself”.  Oprah Winfrey (link is external), too, suggests you follow your emotional inclinations rather than those logic would suggest. But is that really good advice? Think back on the times when you did follow your heart. How did it work out?

Don’t trust your own memory!

Unfortunately, we tend to be bad statisticians when it comes to reviewing our own prior experiences. Research on reminiscence shows that we tend to remember the distinctive events in our lives, particularly those that were pleasant. For most people, even traumatic memories tend to fade with time (hello childbirth!). As a result, we’re almost programmed to go with our heart because we favour and remember the occasions when it provided correct guidance.

Go rational or go home

Your rational decision-making processes probably have a pretty good track record. You just wont remember as much of it: when you followed logic, it just wasn’t as memorable. It’s also possible that when reason prevailed, it told you not to do something; therefore, you have less to remember.

But guess what? All that being said: following your instinct sounds so much more fun.

Decision made. (As I was typing this I was debating with myself if I should follow the logical approach, or follow my heart about who to hire for our next team member. I’ve just clarified for myself that I should trust my gut. )

 

6 things that don’t work well for pre-entrepreneurs in corporates…

I know there are a couple of people who might be frowning as they read this post, and for that I am truly sorry. It isn’t personal.

I am often asked if it was scary to take the leap to become a business owner, and I am always slightly surprised by that questions. It wasn’t scary at all. To me it is a very natural state, as I grew up in an entrepreneurial family, where problem solving was paramount to everyday life. When I think back now, corporate life was the scariest out of the two!

Corporate Misfit?

Perhaps that is why I never really felt like I fit in into corporate life — when your fundamental aim is to solve the bigger problem, the following 6 thing don’t work well at all:

  1. silos
  2. red tape
  3. multi lateral politics
  4. Staying in your lane
  5. “It’s just a job” attitude
  6. Personal positioning

Several of the above points is of course things that a lot of great leaders in the corporate world is trying to counteract. They understand fully how it holds people back, stifles innovation and slow down growth. (So those of you who are now frowning: remember, it isn’t personal!)

Is “just do it” the only solution?

Is there a scenario where we can continue to encourage more entrepreneurship in the corporate world? Or is it simply not possible, and the budding entrepreneurs out there should just take the leap and get going, because their profile will never be truly appreciated in the corporate environment anyway?

 

Your Loss is My Gain, dear corporates

The observant follower may have noticed that:

a) My amazing PA has gone on maternity leave

b) I have been announcing my search for her replacement

Holy macaroons, there are some talented people out there, who are DYING for the chance to work flexible hours, from home. I have been flooded with brilliant emails from clever people, who are keen, eager, skilled, experienced and bright. Impressive, to say the least.

And that tells me this:

  • There is a LOT of available talent who are more interested in work quality than a high salary
  • The requirements for working parents are difficult to live up to for parents
  • The world still hasn’t fully adapted to using meeting and communications technology to enhance collaboration across geographical distances
  • If companies could be more flexible, they could increase commitment and engagement for staff, and they would be repaid loyalty and productivity in return

We use whatsapp, zoom, FaceTime and perch. Have a look, and see if you can rethink some of your headcount. It is absolutely worth it!

 

 

 

4 things that are cool about being in STEM

Science, technology, engineering and mathematics

STEM is a term that refers to the academic disciplines of science,[note 1] technology, engineering and mathematics.[1] The term is typically used when addressing education policy and curriculum choices in schools to improve competitiveness in science and technology development.

The acronym arose in common use shortly after an interagency meeting on science education held at the US National Science Foundation chaired by the then NSF director Rita Colwell.[2] A director from the Office of Science division of Workforce Development for Teachers and Scientists, Peter Faletra, suggested the change from the older acronym METS to STEM. Colwell, expressing some dislike for the older acronym, responded by suggesting NSF to institute the change.

Increase gender balance in STEM

Current campaigns to increase the gender balance within STEM fields include the UK’s WISE[46] as well as mentoring programs, such as the Million Women Mentors initiative connecting girls and young women with STEM mentors[47] and Verizon’s #InspireHerMind project

Other variations

  • STM (scientific, technical, and mathematics;[4] or science, technology, and medicine; or scientific, technical, and medical)
  • eSTEM (environmental STEM) [5][6]
  • GEMS (Girls in Engineering, Math, and Science); used for programs to encourage females into these science fields.[9][10]
  • BEMS (Boys in Engineering, Math, and Science); used for programs to encourage males into these science fields.[citation needed]
  • STEMM (science, technology, engineering, mathematics, and medicine)
  • AMSEE (Applied math, science, engineering, and entrepreneurship)

Top 4 things that are cool about STEM for me:

  1. I like making things (Engineering)
  2.  I like clever gadgets (Technology)
  3.  Mathematics is great when you want to run a P&L in black
  4. I work in medical devices (Science)

Here is my podcast with Gary Bridgeman on the topic of STEM from 9th May 2017.

Is there such a thing as growing too fast? And are we? Here is how you know.

Apparently the percentage of startups failing within the first 3 years is really high. I don’t want to talk about how many — I think I’d rather not know. (Sort of like  the bumblebee legend:  it shouldn’t be able to fly, but no one told the bumblebee, so it does just fine.)

Growing is great fun, and everyone strives for it. But nobody really talks about how expensive it is.

A couple of weeks back I sat down and looked through the cost of winning a new account for my medical device company. Once we have done

  • scouting
  • training
  • Samples
  • case support
  • Follow up
  • procurement

….we have spent around 13.000GBP.  Now, if you multiply that with 20 (the number of new accounts we started up last year for Galaxy), it becomes a big chunk of cash! No matter what the profit on each sell is, that is still an investment of a lot of time and money up front.

Sales growth + Profit decline

Overall we grew sales with 48% last year….an absolutely oustanding number in medical device. But profit declined dramatically, as we invested in growing the number of accounts.

Do your calculation of how much it costs you to win a new account. Now you have a great insight to how much cash you will need to grow your business.