Business leaders launch not-for-profit Foundation to support UK entrepreneurs Tuesday 6 November 2007 PDF Print A group of experienced global business leaders has come together to launch a not-for-profit collaboration called the Enthum Foundation – www.enthum.org - which will support UK entrepreneurs and enterprises ready for the next stage of growth, as well as social entrepreneurs. According to The Federation of Small Businesses, the UK has over 4.5 million small businesses, and statistics regarding success rates for new start-ups vary dramatically depending on the source. No one can dispute however that the UK’s entrepreneurs and SMEs in general need all the help they can get. For example, the recent announcement of the abolition of taper relief on capital gains tax was the latest major blow to millions of small and medium sized businesses. The Enthum Foundation differs from most conventional leadership and management coaching consultancies for two main reasons: firstly, due to its not-for-profit status and secondly, Enthum works with both the entrepreneur and his business understanding the impact each has on the other. Enthum reinvests its profits, alongside grants and other funds, both to help organisations and individuals who could not otherwise afford such assistance, and to fund research. Hussein Dickie, CEO of the Enthum Foundation, explains: “Sometimes the very drive and single-minded commitment of the entrepreneurs who launch an organisation and propel it to a successful position can become significant factors inhibiting its future growth and success. We encourage entrepreneurs to explore their personal capabilities and limitations, and to recognise how they can impact on the enterprise’s success. We help them to maintain their passion, drive and vision whilst dealing with the nitty gritty reality of running a business.” The Enthum Foundation comprises a group of business management, finance and human development professionals who have extensive experience of working to bring out the talents within organisations, enabling them to bridge the gap which can exist between the individuals’ and the organisation’s aspirations and the practicalities and realities of business. The Enthum team includes experienced practitioners such as Hussein Dickie, Lilliana Gibbs, Marcus Mackay, Michael Heaslip and Grahame Pitts. Part of Enthum’s goal is to support and encourage social entrepreneurs – in other words, enabling people to use their creative and entrepreneurial abilities for public or social benefit, rather than to simply make money. Enthum also supports leaders and teams in larger organisations who need entrepreneurial approaches to grow and diversify their business; in 60% of cases, innovation in larger companies fails. Hussein Dickie concludes: “We can help entrepreneurs to make their business a reflection of their vision, by balancing the needs of the enterprise with their own needs. ‘The Spirit of Enterprise’ is the term we use to convey the energy and commitment that is available to all organisations when its people are encouraged in expressing their deeper talents, motivations and interests. Commonly, this energy and commitment is blocked by factors in each individual’s past experience, as well as by the way the organisation manages them.” Ends To register for further information visit http://www.enthum.org/contact.php For further press information please contact the Enthum Press Office: Katie King 2thefore Ltd Mobile: 07974 161 179 Email: email@example.com Glen Goldsmith 2thefore Ltd Mobile: 07812 766 338 Email: firstname.lastname@example.org This press release was distributed by ResponseSource Press Release Wire on behalf of 2thefore in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.