Cyber Security Entrepreneurship (for Women in Security)

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This presentation was done for Women in Security, and focuses on why you may want to consider entrepreneurship instead of a job.

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Cyber Security Entrepreneurship (for Women in Security)

  1. 1. Cyber Security Entrepreneurship - Women in Security (WiS) Copyright KnewStart, 2014
  2. 2. Who is Jane Frankland? • Grew my 1st company to 7- figures in 2-years. Then I did it a 2nd time, 5 years later. • I was 27-years old, had no start-up capital, no experience in cyber security & had a family along the way – 3 kids. • Having sold it, I’ve now got a global consultancy & I help businesses and consultants with cyber security, influence & sales.
  3. 3. WHY CONSIDER ENTREPRENEURSHIP?
  4. 4. Bad news • THE ECONOMY - financial crisis. • Pensions – people have NOT retired & having to work for longer. • Fewer jobs. • Fierce competition. • Will there be a pension when you retire? • What about having a family?
  5. 5. State of the economy In 2013 there were 12m graduates in the UK – a steady increase in the UK over the past decade. Research suggests that the gap in gender pay expectations among graduates has increased by 44% since 2003
  6. 6. Fierce competition • 46 applications for 1 graduate job vacancy. • Or, 160 applications at the top companies e.g. Unilever.
  7. 7. Half of recent graduates are in non-graduate jobs Daily Mail, June 2013.
  8. 8. Graduate unemployment at 9% (6 months after)
  9. 9. £14,000 per year for childcare (net) Women are delaying having children or not returning to work after having them
  10. 10. Solution: create your own jobs! If the mountain will not come to Mahomet, Mahomet must go to the mountain
  11. 11. 2 pieces of good news You’re in technology & business is changing
  12. 12. Entrepreneur revolution • Thanks to technology including social networking business is changing. • Two things are happening: • World driven on purpose instead of money. • Advancements in technology to support this. • Entrepreneur revolution is occurring. • There’s never been an easier & cheaper time to startup.
  13. 13. There’s never been a better time for women Dalai Lama said, “The world will be saved by the Western Woman.”
  14. 14. The effects • When women succeed in business the gender gap closes & this has huge implications for the global economy: • GDP increases by: • 9% in the US • 13% for Europe • 16% for Japan (Goldman Saachs report). • There’s more diversity in the workforce, more contributions to charities & more support of local businesses.
  15. 15. Blinding you with stats • 4.9m private companies in the UK. • 95% are under 9 employees. • 1.5m sole trading women of the 3.3m sole traders. • c.300,000 are started & c.3,500 insolvencies per year. • The growth of start-ups is astonishing.
  16. 16. Entrepreneurs think differently
  17. 17. Top 5 tech entrepreneurs (est. net worth) 1. Mark Zuckerberg, 28, Facebook - $10.1 bn. 2. Dustin Moskovitz, 28, Facebook & Asana - $5.1 bn. 3. Adam D'Angelo, 27, Facebook & Quora - $680 m. 4. Kevin Systrom, 27, Instagram - $470 m. 5. Drew Houston, 29, Dropbox - $600 m.
  18. 18. 5 cyber security businesses 1. Next Generation Software sold to NCC Group for £10 m. in 2008. 2. Integralis sold to NTT for £64 m. in 2009. 3. McAfee sold to Intel for $7 bn. in 2010. 4. ContextIS sold to Babcock – £32 m. in 2013. 5. Mandiant sold to FireEye - $1 bn. in 2014.
  19. 19. What can you do? • Seize upon the emerging prosperity that’s going on in British businesses. • Silicon Roundabout, East London (Shoreditch). • Multi million pound investment from the government, Microsoft, KPMG and Google, (‘Google Campus' community project is also there).
  20. 20. Startup events & support • Silicon Roundabout Meetup (Google this). • Silicon Milkroundabout’s annual tech startup fair is being held in London on 11-12 May. • Warwick's Kick Startup Careers Fair is on 2 May. • James Caan’s government-sponsored startup loans for under-30s. • Startup acceleration programs such as Entrepreneur First, Princes Trust & Startup Britain.
  21. 21. Any other advice? SELL NETWORK PARTNERSHIPS
  22. 22. Computerization • To future proof your income improve your creativity & social skills. • http://www.futuretech.o x.ac.uk/news-release- oxford-martin-school- study-shows-nearly-half- us-jobs-could-be-risk- computerisation
  23. 23. Take action: contact me Email: hello@jane-frankland.com Twitter: https://twitter.com/JaneFrankland LinkedIn: https://linkedin.com/in/JaneFrankland Web: http://jane-frankland.com

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