Successful and would-be successful entrepreneurs can access several video clips containing the first few points of the 7 Point Plan – ‘Accepting today’s business reality’, ‘Rapid product and service innovation’ and ‘Creating a local pool of freelance talent’ – at www.ragstowreckages.com. To access the remaining four points from the plan, they will need to sign up to the free Rags to Wreckages Successful Entrepreneur newsletter. The newsletter delivers a helpful monthly digest of all the latest news and feature articles on the Rags to Wreckages website.

Subsequent video clips will cover business overheads, marketing innovation, business efficiencies and ‘you’.

Digital magazine Rags to Wreckages… to Riches offers business strategy advice to successful and would-be successful entrepreneurs based on the premise that we can learn more from our mistakes than our successes. It offers short, insightful articles on various topics, from business goal setting, to outsourcing, and the benefits of keeping a business lean.

Neil Lewis, publisher of Rags to Wreckages and partner of its parent company MediaModo, says: “As business leaders, we are living in difficult times – we have less cash and fewer resources, but have the same need to grow. Added to that, we know that government cuts to spending are inevitable and will impact at least some of our customers if not our businesses directly.  Surviving is all about flexibility and speed. At Rags to Wreckages we’ve looked at how successful entrepreneurs are preparing to weather the storm and we share these insights in our 7 point plan.”

– Ends –

Notes for editors

About Neil Lewis and MediaModo

Neil Lewis is a media entrepreneur and business leader based in the North West of England. A partner in MediaModo and the driving force behind new digital magazine Rags to Wreckages to Riches, Neil has over 20 years experience in publishing and investment. His specialist skills include business strategy, online publishing and media plus business investment and start-ups.

Neil is soon to publish his first book 100 Rules for Successful Entrepreneurs and also regularly speaks at university and entrepreneurial networking events where he shares what he has learnt from his experiences. MediaModo offers a contract publishing service to businesses and entrepreneurs. They also recently won a North West Development Agency grant to develop a new entrepreneurial accreditation scheme that will revolutionise the way investors and entrepreneurs work together.

For more information on Rags to Wreckages… to Riches, visit: www.ragstowreckages.com

For more information on MediaModo visit: http://www.mediamodo.co.uk/

Media contacts:

Sarah Leatherbarrow
sl@mediamodo.co.uk
MediaModo
Tel. 01865 861717
Mob. 07900 887987

Digital Magazine for Successful Entrepreneurs

18th March 2010

 

New Digital Magazine Rags to Wreckages… to Riches Launches

Shows How Successful Entrepreneurs Use Failure to Create Success 

A new, free digital magazine – Rags to Wreckages… to Riches – has just launched, offering entrepreneurs and would-be entrepreneurs valuable, regular business advice based on the concept of ‘been there, done it’. Entrepreneurs who visit the site www.ragstowreckages.com and subscribe to the accompanying newsletter will find regular news, features and opinion pieces designed to help others learn from the mistakes and experience of the driving force behind the site, entrepreneur and business adviser Neil Lewis.

The new digital magazine offers business strategy advice to current, would-be and successful entrepreneurs based on the premise that we can learn more from our mistakes than our successes. It offers short, insightful articles on various topics, from business goal setting, to outsourcing, and the benefits of keeping a business lean. 

Neil Lewis, publisher of Rags to Wreckages and partner of its parent company MediaModo, says: “It’s only by failing and looking at your mistakes that you learn – successful entrepreneurs aren’t necessarily successful the first time round and they don’t know if they can do it again if they’ve not failed. Successful entrepreneurs learn from failure because failure means that we have an opportunity to refine and improve what we are doing – so that we can come back even stronger next time.”

Neil’s advice comes from experience and he continues: “Before the global economy began to turn, many entrepreneurs took unacceptable risks or made bad decisions that didn’t impact on those enterprises UNTIL the economic tide turned. I count myself in that group too.  I saw the business mistakes of the previous five years make my company untenable, so that from a £2k start-up in 2002 to a £12m valuation in 2007, my first business closed its doors in August 2009 and we, the shareholders, walked away with nothing. It was quite a journey – and probably the best real life MBA you could ever get!” 

– Ends –

Notes for editors

About Neil Lewis and MediaModo

Neil Lewis is a media entrepreneur and business adviser based in the North West of England. A partner in MediaModo and the driving force behind new digital magazine Rags to Wreckages to Riches, Neil has over 20 years experience in publishing and investment. His specialist skills include business strategy, online publishing and media plus business investment and start-ups.

Neil is soon to publish his first book on classic entrepreneurial mistakes and also regularly speaks at university and entrepreneurial networking events where he shares what he has learnt from his experiences. Neil and MediaModo offer a consultancy service to businesses and entrepreneurs. They recently won a North West Development Agency grant to develop a new entrepreneurial accreditation scheme that will revolutionise the way investors and entrepreneurs work together.

For more information on Rags to Wreckages… to Riches, visit: www.ragstowreckages.com

For more information on MediaModo visit: http://www.mediamodo.co.uk/

Media contacts:

Sarah Leatherbarrow
MediaModo
Tel. 01865 861717
Mob. 07900 887987