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5 Tips for Entrepreneurs in Glasgow
23 October 2018
Glasgow is a brilliant city to start a business, and we see plenty of impressive new ideas in the start-up companies who rent many of our serviced office spaces in Glasgow. In the past, we’ve written blogs detailing why Glasgow is a good city to establish a business, so we thought we’d follow up with a Glasgow-centric look at entrepreneurship, offering some tips for people living in or moving to Glasgow keen to make it as an entrepreneur!
1. Get to Know the City’s Advantages (and Disadvantages)
Our first tip applies to Glasgow, but we think it’s a good tip for any city: learn the advantages and disadvantages that come with building a business in Glasgow. You could try to figure this out yourself and it would be worthwhile time spent researching, or you could talk to a few business owners, asking them the best and worst aspects of running a business in Glasgow. Think about logistics, travel links, local demographics, access to a talented/educated/experienced workforce, etc.
One thing we think most entrepreneurs will discover is that Glasgow is actually a much cheaper city to operate in compared with Edinburgh or London. The most important thing to do, however, is actually use the information you find to inform your strategy: make sure you take advantage of the advantages!
2. Connect with Glasgow’s Universities
The University of Glasgow
Glasgow has several prestigious universities, and entrepreneurs should absolutely take advantage of this resource. We recently wrote a blog about why Glasgow’s various universities are very good for business, and we giving it a read. Connecting with universities could give you access to the student market (if relevant to your product), and it could also give you access the graduate workforce. Offer to give talks at student events and offer internships to the most relevant university departments. Internships, when done right, can benefit both the intern and the business — and they can serve as a long job interview, where you can fully test someone out before offering them a permanent job.
3. Use Meetups to Connect with Other Entrepreneurs
Glasgow is the fourth largest city in the UK and its size ensures it is bustling with activity and entrepreneurial spirit. There are other creative, enterprising minds that aren’t necessarily competitors with you and your business; it’s important to connect with like-minded people and to see how you can work together. The opportunity for networking in Glasgow is incredible, so make sure you take full advantage of it. One way to specifically talk to other entrepreneurs is to keep an eye on the Entrepreneurship Meetups in Glasgow page. Put a little time aside to attend the various events and you’ll gradually connect with the right people and the right businesses to complement your goals.
4. Join Entrepreneurial Scotland
Entrepreneurial Scotland is a great organisation that serves as a hub for Scotland’s entrepreneurs. It’s also no coincidence that Entrepreneurial Scotland is based in Glasgow! In their own words, ‘Entrepreneurial Scotland is inspiring, developing, and connecting a diverse, talented and ambitious group of people who have the potential to change our economy and society.’ Becoming a member of Entrepreneurial Scotland will give you access to events and networking opportunities aimed at fostering successful business growth in Scotland. You can learn from members who have been working in Glasgow for decades and you can learn from start-up companies who are shaking things up!
5. Find Office Space that Meets Your Needs
Rothesay House – 134 Douglas Street – Glasgow
Lastly, we obviously want to promote our office space, as we have a broad range of serviced office space options in Glasgow. There are lots of reasons why Glasgow is one of the best cities to set-up your office and we recommend shopping around a little bit before signing any contracts. Glasgow has excellent public transport, so look out for office space with great rail or bus links. Glasgow is also one of the greenest cities in the UK, so we recommend looking for office space with plenty of green space nearby. While it may be tempting to find the cheapest little bunker office when you start out, this can be very detrimental to your workforce’s mental health. Green space can drastically improve happiness levels and reduce stress, helping you to get much more value from your employees. So, don’t be fooled by the false economy of an overly cheap office if it’s a poor quality, depressing place to work. Glasgow has too many affordable, nice office space options to settle for something subpar!
Here at Stelmain, we are always learning more about Glasgow and the way Glaswegians like to do business. We hope this blog post has been interesting and useful to any aspiring entrepreneurs working in Glasgow. If you’d like to enquire about one of our serviced offices in Glasgow, please feel free to email us or call us.
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