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Archive for July, 2012

Growing Italy’s startup sector: private investment and timely government intervention combine to create fertile ground for growth in difficult times

30 Jul
Growing Italy’s startup sector: private investment and timely government intervention combine to create fertile ground for growth in difficult times

Nurturing tomorrow's successful companies (Image: Theornamentalist via Wikimedia Commons)

With each day bringing ever-gloomier financial and economic news for the Eurozone and especially for Greece, Spain and Italy – bailouts, euro meltdown and the dreaded “spread” – this would not seem like the best time to start a company. Certainly not in a highly-speculative sector with few established precedents and even fewer proven business models. And yet the Italian startup scene is showing signs not only of life – but even of optimism and an excitement that flies in the face of the impending doom nearly everyone assumes is about to befall the Bel Paese (the Beautiful Country, Italy – not the cheese, of course).

Special report by Robert Dennis of the Milan Business English Network

Last month’s issue of Italian business magazine Capital featured on its cover Federico Marchetti, the founder and CEO of Yoox, the innovative online fashion retailer and the headline “Invent the future: How to become an e-commerce leader and beat the crisis”. Yoox is one of a crop of successful Italian startups that are bucking the downward trend in adverse business conditions – and providing an alternative vision for an economy in crisis.

In an upbeat feature article the magazine also described the recent visit of Corrado Passera, Mario Monti’s Minister for Economic Development and former CEO of banking group Intesa Sanpaolo to H-Farm, the Venture Incubator whose headquarters is located near Treviso in the lush countryside of northern Italy’s wealthy Veneto region. With an atmosphere that was ‘almost a happening, with an air of optimism and so much positive energy that it felt surreal, considering the times we are in’, the minister listened to the ideas and concerns of the audience of 200 mainly young entrepreneurs. The purpose of the event at the countryside retreat and embryonic tech hub, founded by Riccardo Donadon and Maurizio Rossi, was to send out the message that the Italian government is serious about its plans to support and incentivize startups. It aims to do this by working closely with industry figures who can bring their knowledge and passion to help foster the right environment for young businesses (especially high-tech ones) to grow.

Growing Italy’s startup sector: private investment and timely government intervention combine to create fertile ground for growth in difficult times

Passera and Donadon at StartUp Italia Open Day (Image: italiastartup.it)

The visit was the highlight of the Open Day (May 26) organised by StartUp Italia, an independent association formed by six leading players from the startup sector to promote innovation in Italy’s digital economy. The founders of StartUp Italia – Riccardo Donadon, Giorgio Carcano, Paolo Barberis, Luca De Biase,  Enrico Pozzi and Mario Mariani – are also part of the 12-strong Startup Task Force assembled by Passera to identify the practical measures needed to create a favourable environment for startups in Italy. (The Task Force, whose other members are Selene Biffi, Annibale D’Elia, Alessandro Di Camillo, Massimiliano Magrini, Giuseppe Ragusa and Donatella Solda-Kutzmann is co-ordinated by Alessandro Fusacchia, Adviser to Minister Passera for European Affairs, Youth, Merit and Innovation.)

The recommendations of the Task Force will feed into a proposed package of legislative measures also to be called Startup Italia. This package of new laws will complement the existing government  “decrees” of Save Italy, Grow Italy and Simplify Italy (Salva Italia, Cresci Italia and Semplifica Italia). However, it should be noted that Italians will be choosing a new government in 2013, which could have an impact on the existing legislative framework.

Capital’s article also focuses on how Italy’s main Venture Capital funds are continuing to invest in startups despite of – or even because of – a generally unfavourable outlook in the wider economy:

• Startups that are not yet ready for investment can be nurtured by incubators such as I3P, Innovation Factory, Toscana Life Science, TechNest (University of Calabria), Polo Tecnolgico di Navacchio, Consorzio Arca (University of Palermo), Acceleratore d’impresa del Politecnico di Milano and the Technopolis (University of Bari).

• Budding startups that require seed capital of less than 1 million euros can then approach investors such as dPixel, Working Capital, Italian Angels for Growth, Annapurna Ventures, Enlabs, Digital Magics, Club degli Investitori and H-Farm itself.

• Early stage venture capital of more than 1 million euros is provided by funds that include Principia SGR, Innogest, 360 Capital Partners, Vertis, TT Venture/Fondamenta, Next Fund Lifescience, Atlante Ventures and Aladin Venture/Friulia.

Italian banking groups UniCredit and Intesa Sanpaolo (via its StartUp Iniziative) also invest in startups.

Another sign that Italy is being taken seriously as a good location for startup companies is the arrival of TechCrunch in Rome this autumn. A one-day conference on September 27th will bring together the leading lights of Italy’s digital media and technology sectors. The event will throw a spotlight on some of the country’s highly innovative and dynamic startups.

So, while the outlook for the economy as a whole may be grim at least there is a ray of hope in the form of some exciting and creative new ventures that could kick-start growth as well as provide a significant return on investment for those with a longer-term vision.

Growing Italy’s startup sector: private investment and timely government intervention combine to create fertile ground for growth in difficult times

Startups could yield a good return on investment (Image: Sunflowers via Wikimedia Commons)

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  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
 
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Money in motion: how mobile payments technology is changing the face of retail

18 Jul

Danielle Dalkie is a Co-founder and Director of Social Commerce & PR at Waspit, the groundbreaking mobile payments service. In this series of blog posts for NetworkMilan she will be writing about  mobile payments technology, social commerce and trends in the tech startup sector with a focus on the Italian/European market. To kick off the series she Danielle starts by looking at the big picture of what the mobile payments environment looks like from her uniquely well-informed perspective!

Money in motion: how mobile payments technology is changing the face of retail

Danielle Dalkie

Payments and mobile technology in Europe have always been ahead of the American market. I am not sure when the idea started that the US is better known for adopting technologies at an early stage: stateside mobile networks are about 10 years behind those of Europe – and their payment methods also lag those of the “Old World” by a decade, too.

US society still seems to be largely cash-based. Compare that with Europe, where today 6 out of 7 transactions are made using a card. But the difference goes even deeper. The technocrat government of Italy, in particular, has declared a war on cash: Prime Minister Mario Monti wants the country’s vast army of self-employed entrepreneurs, including landlords, plumbers, electricians and small businesses to stop making large transactions in cash, which critics say simply facilitates tax evasion. On 4 December 2011, the Italian government reduced the maximum limit for cash payment from 2,500 euros to 1,000 euros. The rationale for this reduced limit on movements of cash is that Italy desperately needs to increase its tax revenues and views its anti-cash measures as a means of cracking down on tax evasion, which “costs” the government an estimated €150 billion annually. However, with an eye-watering €1.9 trillion of public debt to its name, some commentators have described this kind of punitive measure as “too little too late”.

Against the backdrop of a general tendency towards the “cashless society”, the recent announcement by American Express that they have just released their roadmap for Europay MasterCard Visa (EMV) got me thinking about the state of the payments environment and how this technology could develop in the coming months and years.

Now, let me stick my neck out and say that I for one didn’t actually think the US should have made the switch over to EMV, since it has been used in Europe for the past six years and the technology itself – at over 10 years old – is well past its sell-by date. It would have made much more sense for the US to bypass EMV altogether and move straight to near field communication (NFC), which allows consumers to make electronic payments by simply waving their NFC-enabled phone near a payments terminal . Yes, EMV has security benefits, and it has helped to substantially decrease fraudulent transactions throughout Europe, but this should have been apparent to the US retailers and federal authorities 6 years ago. Why wait until now when more flexible and innovative technologies have superseded it?

One saving grace is that at least this switchover will force merchants to upgrade their terminals. Each of these upgraded system devices will also accept NFC and mobile transactions, which is a fantastic opportunity for companies operating in this space, especially startups and smaller, independent companies who (unlike the credit card giants) do not have the funds or capacity to influence terminal and Point of Sale (POS) technology or upgrades.

Money in motion: how mobile payments technology is changing the face of retail

Waspit: social banking for students

The innovative startup company I have been involved with over the last 18 months, Waspit, uses MasterCard PayPass technology and will be accepted by card-capable merchants in the US by 2017, by which time the proposed switch-over will be completed. This is clearly great news not only for consumers but for mobile payment startups, such as Waspit, generally. With merchants on board, socially-oriented financial services like ours will be able to focus on winning new customers and offering a wider range of related services and benefits

However, not all mobile / NFC payments technology are problem-free. PayPass, for example, and other card networks for mobile and micro payments, charge merchants 0.15% plus 0.025 Euro in the interchange every time a transaction is made. This means that if you’re buying a relatively low-value item , such as a 2 Euro ice-cream, the merchant is not actually making a profit. These increased costs may force small businesses to raise prices, or face margins being squeezed as they are unable to compete with larger retailers who enjoy greater economies of scale. (The European situation could also be affected by the recent $7.25 billion settlement by Visa and MasterCard of a class action brought by retailers in the US over interchange fees.)

From the merchant’s point of view it makes sense to bypass the credit card networks completely and go with the closed loop solution. The market has woken up to this fact with every tech company and startup offering some sort of mobile wallet, or mobile payment solution. You can now buy a latte with your Starbucks app , and even use your PayPal account in selected stores. But here’s the irony: all of this cashless technology is supposed to be making life simpler – except it’s not!

Behind the scenes, the situation is even more complicated, with the reliance on technologies such as those of the Trusted Service Manager (TSM) and over-the-air personalisation. When NFC handsets go mainstream and there is no longer a need for plastic at all, that is the moment when we will truly be in the era of mobile payments. But at present TSM is also in a state of flux. The mobile networks themselves are going to be the main players, but will Vodafone, Three, Orange (3 of the main UK operators) and the others be more flexible than the credit card companies, who currently control the scene? And the system will still rely on the infrastructure of the credit card companies, so interchange is still a factor. It is going to take a lot of hard bargaining, regulation and hammering out standards the key players in the industry can all agree on. No-one can say for sure how the situation will pan out – or how smaller players are going to get access to the chips that are vital for mobile payments to become the norm.

Money in motion: how mobile payments technology is changing the face of retail

Mobile payments

Consumers want to use electronic and mobile payments – and when the technology is fully rolled out I don’t think it will be hard getting them on board. However, in the industry we have been talking about this for a while. The flip side is that this is not good for merchants , especially small ones. Either the credit card companies need to come to the party or something needs to shake up the whole space. There needs to be more unity and maybe regulation, but this should not be dictated by the giants who dominate this space.

Consumers are clearly voting with their smart-phones: there is increasing demand and enthusiasm for making mobile payments more widespread and easier. Retailers – especially smaller, independent ones – could stand to benefit; and even government revenue-collecting agencies governments would welcome the introduction and greater use of this type of technology (with concerns over privacy being taken seriously, of course). There is also an urgent need for business itself, trade and consumer bodies, as well as national governments and the EU to co-ordinate their efforts to ensure that the consumer has a choice of easily accessible, safe and efficient payment methods to choose from. And, of course, there needs to be a level playing-field for innovative creative startups such as Waspit to develop services that give consumers the flexibility and freedom that this revolutionary technology could bring to people’s lives.

Read Danielle Dalkie’s next blog post on NetworkMilan – coming soon!

UPDATE (AUGUST 2012): Danielle has recently founded Network Roma, a sister group of the Milan Business English Network. You can become part of Network Roma by joining their group on LinkedIn.

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  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
 

From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

15 Jul
From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

Learn English in the Cotswolds, the UK's largest "Area of Outstanding Natural Beauty"

NetworkMilan is always happy to talk to people who have started their own business – especially entrepreneurs that are finding innovative and unusual ways to teach English (such as Lorna Allen of Live and Learn Homestays Ltd, who we interviewed last year). Today, we feature another homestay provider: EduVacation a small, privately-owned English language company that offers full immersion courses in the Cotswolds region of England.  (They also arrange English learning tours to Cape Town, South Africa.) The company was founded and is managed by Dean and Sue Erasmus, a married couple who are both qualified English-speaking school teachers with extensive teaching experience. (Both Dean and Sue love cooking and students can look forward to a barbecue – depending on the often-unpredictable British weather, of course!)

In this interview with NetworkMilan they describe the services they offer and explain why EduVacation is very different from studying at a typical language school. They also talk about their experience of welcoming Italian learners to the Cotswolds and discuss the unique benefits of being immersed in an English-speaking environment when you are learning the language.

Dean and Sue also agree to share their experiences and insights of running a business. They talk about what motivates them and describe some of the challenges they face as entrepreneurs. And they have some useful advice for anyone considering starting up a company.

Finally, Dean reveals that he once took part in a reality television programme on national TV in South Africa! Using his business skills, ingenuity and charisma, he had to compete for the top cash prize with a group of very determined contestants. Find out what happened in the end…

NM: Dean and Sue, welcome to NetworkMilan. Can you tell us about EduVacation?

From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

Dean and Sue Erasmus

Dean and Sue Erasmus: We started EduVacation to provide learners of English as a foreign language with an experience where they can fully immerse themselves in the English language and enjoy a memorable holiday in the beautiful Cotswolds of England. If you don’t know it already, the Cotswolds region is situated in the southwest of England and is the country’s largest officially designated “Area of Outstanding Natural Beauty”. A major tourist attraction, visited by thousands of tourists every year, the location is easily accessible by rail, road and air.

Most speakers of English as a foreign language have the basic skills to read, write and speak but lack the confidence to do so freely. Learners of English as a foreign language are often under pressure to learn English for various reasons and the process can become a negative experience. EduVacation uses a holiday format to provide a relaxed and friendly environment with lessons and activities designed to encourage our guests to feel at ease when practising their English language skills. Our courses are designed and presented to improve our guests’ fluency and confidence in the English language.

What services do you offer?

As an owner managed business, we are very flexible with regards to our courses and can tailor make a course/holiday to suit the requirements of corporate and private clients. We welcome prospective clients to contact us to discuss their specific needs.

We do, however, offer standard courses. These courses are designed according to the relevant English proficiency levels of each participant and group. They include:

Standard weekly English learning holiday in England:

• 6 nights with accommodation in Cotswolds holiday cottages including 3 meals a day

• Up to 40 hours of English lessons, related activities and daily cultural outings to popular Cotswolds tourist sights

• All coursework and the services of two qualified teachers

English learning tours to Cape Town, South Africa:

• All-inclusive, guided tours combining a 7 day holiday with a tailor-made immersive English programme

• All meals, accommodation, daily sightseeing tours, English lessons and activities, all entrance fees, transport, services of a knowledgeable guide and English teacher

Extra services can be offered or incorporated into our courses including:

•  Corporate training

• Introduction to working and living in the UK

• Team-building

• Business English and skills

• Student summer courses

• Weekend conversational courses

All our services are explained in more detail, by the way, on our website (www.eduvacation.co.uk) including examples of the themes and activities for our standard courses.

From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

Family life and comfortable accommodation will help you to learn English in a relaxed environment

What makes EduVacation different from conventional language schools?

When we established EduVacation, our aim was to provide a service and concept that differed from the majority of those on offer in the UK. Let me explain the main differences that I believe set us apart from the majority of schools and services on offer:

Firstly, we offer fully immersive and all-inclusive English learning holidays:

  • We understand that it is very difficult for people to find the time to attend language courses in a different country so we decided to combine our courses with an all-inclusive holiday so that our clients get value for their money. The courses are suitable for groups of friends, family, colleagues or students.
  • We want our participants to hear, speak, read and write as much English as possible during their EduVacation course/holiday. We therefore instruct, teach, discuss and chat in English and encourage our participants to do the same. We want them to enjoy their experience and have a positive attitude towards learning and practising their English skills.
  • Our guests are accommodated in beautiful holiday cottages that we rent according to each group’s requirements. This means that, although the group is fully immersed in the English language and culture, they still have their own time and privacy in the evenings after the final meal or activity.
From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

Personal attention and a professional approach

Secondly, we own the business: we are hands on managers and we present the courses ourselves:

  • Our guests and participants get our personal attention during their whole experience
  • We know exactly what service and level of professionalism our guests are experiencing as we provide it ourselves.
  • It is in our personal interest to provide a memorable experience for our clients
  • We can be flexible with regards to our clients’ requirements and needs
Finally, from our personal experience we understand fully what our clients as foreign language learners are experiencing
  • Sue and I both have a TEFL qualification. We are also both qualified school teachers with second language training experience.
  • I speak 3 languages including Italian and understand the challenges involved in acquiring a new language.
  • Both our sons are studying a variety of European languages and we understand exactly what they are experiencing.
  • We are well travelled as a family and have encountered many different cultures.
  • I have spent 15 years in corporate management and therefore I have a wealth of experience in training and business.

Why would someone who reads NetworkMilan be interested in booking a course with you?

From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

With EduVacation you will be on "on the road to success"

Dean: I spent many years working in a corporate environment and travelling globally for business. I was constantly reminded by colleagues and clients of the need and importance of learning English as a foreign language.

EduVacation aims to provide an environment where our clients are encouraged to be confident and feel at ease when practising and improving their English language skills with teachers that understand the challenges that this involves.

EduVacation provides courses that a group of colleagues could attend or a family that want to improve their skills together. Our courses are suitable for a group of friends, a couple or a group of students. I also speak Italian and believe this would be helpful when dealing with Italian clients with basic proficiency levels and in general.

What experience do you have in dealing with Italian clients?

From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

The Cotswolds will delight and charm Italian visitors

Dean: My love affair with Italy started almost 30 years ago when I spent a scholastic year in Italy as an AFS Intercultural Programs exchange student. The organisation is known as Intercultura in Italy. I lived as part of an Italian family in Ostia Lido outside of Rome and attended a year of Liceo Scientifico. I was completely immersed in the Italian culture and language for 10 months. We are still in constant touch with my Italian family and I had the opportunity 8 years ago of introducing my wife and sons to all the family on a holiday to Italy. Since then we have had numerous holidays to Italy and my love for the country, its people and culture is shared equally by my family.

The year I started my studies to become a teacher, I started working as a freelance tour guide in South Africa, registered with the South African Tourist Board and for the next 10 years on weekends and during school holidays, I escorted numerous groups of Italian tourists on guided tours of South Africa. I met many fantastic people and as the tours were exclusive, got to know and make friends with a variety of Italian visitors to South Africa, including Italian members of parliament, businessmen, honeymooners and families.
From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

Cape Town and the stunning Table Mountain: a suitably dramatic backdrop to an incredible English course and a truly memorable holiday in South Africa

As a business, what opportunities and challenges do you face? (especially in the current economic climate?)

Our biggest challenge as a new business is marketing and presenting our company, services and concept to potential clients. This can become very expensive with no guarantee of ROI (Return on Investment).

Our concept is also quite different to the majority of English learning methods used in the UK, e.g. formal English schools and lessons, and it takes time for people to understand what we offer and how it is beneficial to their English learning journey.

The current economic climate is also a stumbling block to a business model such as ours as people and companies still understand the importance of learning English as a foreign language but are looking at ways to cut their costs. However, one of the reasons we structured our courses as they are, is so that people wanting a fully immersive experience can get value for their money by not only having a full day of lessons and activities but also an all-inclusive holiday as well at very competitive rates.

From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

New direction? EduVacation's strategy is to make your English learning journey as effective as possible

What motivates you as entrepreneurs? Why did you choose the language education sector?

Dean: Anybody that is making money from a consumer whether it be private or corporate, should be striving to offer the best service, product and experience if they hope to be or continue to be a success.

Working for yourself enables you to be fully responsible for the success or failure of your business. Your personal effort will relate to your personal gain. I have always wanted to start my own business and particularly with my wife as we have different strengths and talents that we believe complement each other.

From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

Making you feel at home: relax after an intensive day of studying and visiting places of interest

Being self-employed, especially, and establishing a business and concept from scratch, takes a lot of courage and faith. I have always given 100% to the roles I have previously held and felt that if I did the same for my own business, I would make a success of it. It also eventually gives you the opportunity of finding a good work/life balance.

I have been fortunate as I have worked as a teacher and also in the private sector in sales and marketing management. EduVacation gives me the opportunity to use my skills and experience in both fields for my own company. Working internationally and for multi-national companies and clients, I continually saw the necessity of learning English amongst my colleagues and clients and the idea for EduVacation was born from this experience.

What advice would you give to other entrepreneurs and startups?

Dean: Many people say that you should not give up your job to start your own business but do it as a sideline until you are established. This is good advice but not always practical. I tried but realised that if I wanted to make a success of EduVacation, I had to give it 100% of my time and effort.

My advice to entrepreneurs would be the following:

  • Research your sector well, both locally and internationally.
  • Try not to jeopardise your family and their well being by taking a huge risk with your assets – we are still experiencing a very unstable economic climate.
  • Take a calculated risk.
  • Believe completely in your business and concept.
  • Put in 100% effort into making it a success.
  • Don’t be proud – use contacts.
  • There are so many cost effective ways of building your business from website building to social networking sites.
  • Use all the negative experiences in your working life as learning opportunities for your own business.
  • Use any available time that you now have to pursue other opportunities that you have never had time for e.g. designing a product, writing a book or course, consulting, charity work, etc.
From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

Dean and Sue are 100% focused on providing students with the best learning and holiday experience

We always like to find out if there’s anything unique or surprising about our guests on NetworkMilan. Anything you would like to share with our readers?

Dean: 9 years ago, I was working as the International Sales and Marketing Manager for a company in Cape Town. I applied as a contestant on a reality television programme on South African national TV. The programme, the Sanlam Money Game, was to promote entrepreneurship and was sponsored by one of South Africa’s leading financial services groups. [Editor’s note: The global Sanlam group includes Sanlam UK, a wealth management fund.]

The competitors were subjected to a comprehensive and rigorous selection process and assessed on everything from confidence, intellect, enthusiasm, ambition and the ability to express themselves. The focus was on outstanding entrepreneurship and thinking as far outside the box as possible.

Contestants were given an amount of money, dropped off somewhere in the country they were unfamiliar with, given three days to survive and make as much money as possible with their starting capital with a cameraman and monitor following them 24 hours a day, 7 days a week.

Each week 3 contestants competed against each other – with the winner taking all. There were very strict rules including not dealing with any known contacts and certain trading challenges included.

I won my week and was in the top 3 money makers when the season ended resulting in a grand finale with the top three money makers competing against each other with double the starting capital and various extra challenges and rules. I ended up winning the final and being named the SMG Entrepreneur of the Year on national television and the prize being allowed to keep the profits made during trading. I believe that my success was due to excellent preparation, hard work, persistence, treating people with respect and keeping a sense of humour which are all traits I can carry over to EduVacation.

My only regret was that it was not in the UK or elsewhere as the hype at the time would have been a lot more lucrative I am sure!

From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

Dean Erasmus: Reality TV show contestant and winner of the "Sanlam Money Game"

NetworkMilan: Dean and Sue, we really appreciate you taking the time to tell us all about EduVacation and your experiences as language entreprenuers (and TV star, Dean!). Thank you. We would like to wish you all the best and hope that you enjoy continued success with EduVacation.

Interview by Robert Dennis

……………………………………………………………………………………………………………………………………………………

If you would like to discover more about the benefits of a full-immersion English language course – as well as a Cotswolds (or Cape Town) holiday you’ll always remember – then visit the EduVacation website: http://www.eduvacation.co.uk/

You can also contact Dean and Sue Erasmus at EduVacation by phone, email or skype:

Tel: +44 (0) 1451 822 307

Mobile: +44 (0) 7810 442 470

Email: [email protected]

Skype: suedean.erasmus

From Cape Town to the Cotswolds: how EduVacation mixes a unique English learning experience with the holiday of a lifetime

EduVacation: Talk it, experience it, live it!

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  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
 

NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert

12 Jul

We are delighted to introduce our first guest blogger, Danielle Dalkie, who has a fascinating background as a mobile payments entrepreneur and is currently planning a strategic move to Rome. In this article she talks about her experience in setting up Waspit, a social banking service, and how she plans to use her PR and social media skills in her new life in Italy.

NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert

Danielle on the Digital Mission Stand at ad:tech NYC Conference and Expo 2010

Ciao! I am really pleased to be writing for NetworkMilan.com – and I am looking forward to sharing some of my ideas and business experiences with you. I’m also really excited about coming to Italy! I am an Australian who grew up in New Zealand and for the past two years I have been living between London and New York. And now I am moving to Rome!

I am Co-Founder of a startup called Waspit, a social banking platform for students. More specifically, it combines traditional banking features with social platforms to create a more intuitive and enriched experience for users. In essence, Waspit is “Banking 2.0”, and I have been involved in product development (right from the conception of the company) and more recently realigning the product to suit the target market: I have also been doing some business development and I aided the company in raising its first round of venture funding in New York.Waspit is designed not only to provide all the latest banking capabilities including mobile payments, but to enable for the first time a dynamic communication between users, their friends and the merchant on how and where they choose to spend their money.

Waspit lets you plug in all your social media platforms into one place so that you no longer have to manually check-in on Facebook and foursquare or post separate reviews to Yelp, Twitter and your other networks.

NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert

Social banking for students

For the more traditional ‘bank-like’ transactions Waspit is accepted in-store and online anywhere MasterCard is accepted; cash can be withdrawn from most ATMs; and students can pay their bills using ACH (Automated Clearing House) or Billpay. The FDIC* insured account also has a traditional routing and account number so students can receive their wages and allowances.

In the social world, students can easily, securely and instantly send and receive money between friends via Facebook, Twitter or mobile phone. Making quick payments in store is as simple as tapping your mobile phone over any MasterCard PayPass terminal. Students can even use the iOS, Android or Facebook apps to split restaurant bills or request money from their parents.

My own background is in public relations and social media, however. I have been involved in developing and implementing customer acquisition strategies in the tech, digital and social sectors. My skills include traditional PR such as managing press releases, publicity, social media, online content, corporate events, conferences and creating brand awareness.

I also specialise in social marketing and developing viral strategies (including guerrilla marketing efforts), as well as many successful viral and online campaigns in the both the US and UK. In addition, I develop comprehensive campaigns which rely heavily on social media and social marketing.

NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert

Rome calling (Image: Trevi Fountain by Fod via Wikimedia Commons)

But the big news is… I am relocating to Rome this year and I am currently looking for a suitable position and some cool social media projects to work on (so please get in touch with me if you have something I might be interested in!)

I am also involved in setting up the Rome Business English Network – the first sister group of the Milan Business English Network to be based in another Italian city. (Visit Network Roma for all the latest news about events and networking for people speaking, learning and doing business in English in the eternal city.)

NetworkMilan.com have invited me to write a series of blog posts on how mobile commerce is changing the way we interact with companies and its wider implications for the digital economy. I hope you enjoy these articles and find them useful, too!Read Danielle Dalkie’s next guest post, coming soon on NetworkMilan.com:
Money in motion: how mobile payments technology is changing the face of retailClick here to find out more about Waspit and social banking.

*Federal Deposit Insurance Corporation: A US federal agency that insures deposits in member banks.

UPDATE (AUGUST 2012): Danielle has recently founded Network Roma, a sister group of the Milan Business English Network. You can become part of Network Roma by joining their group on LinkedIn.

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  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert
  • NetworkMilan welcomes Danielle Dalkie, mobile entrepreneur and PR /Social Media expert