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What have you really got to lose?

Tue, 22 April 2014

Contributed by Jamie Dunn, Director at Spark Global Education
I remember waking up at 5:00am every single Saturday from the age of 12 for three and half years. Saturdays were the days I would do my market stalls and make some cash on the weekend, but also develop many business skills that I use today.
Most mornings I would wake up and jump out of bed at the prospect of making money. Being 12 years old and doing market stalls was one of the best times of my life, seriously. I had no cares in the world, I was making money and I was having fun doing it. As I got into my teenage years, my mindset started to change. At 15, I had stopped doing my market stalls as I suddenly became very conscious of what my mates were saying, the risk of losing money, the risk of missing out on football, the thought of not playing FIFA on my Xbox instead and various other things. As I got older, things seem to get harder as opposed to easier, and I’ll explain why. 
Being 12 years old, I had no cares in the world and with that, no fear. I was at school, I was making money on the weekend and I was playing football quite regularly throughout the week. I was living the dream and I had nothing to lose. I now have developed the mindset where I still have nothing to lose and I think that this is the source of my greatest strength, no fear. 
I’m not scared of losing money. I’m not scared of what people will say or think about the decisions I make. I’m not scared to try, and most of all, I’m not scared to fail. The way I see it, in my current situation if somehow I lost everything and my businesses all failed at the same time, then I wouldn’t cry about it, I would move back home and start all over again. I have a simple mindset, I was born with nothing and I will die with nothing, but I will have some great fun in between. 
Seriously, I don’t get why people are scared of failing. What is the worst that can happen? As I said, if all went wrong for me, I would move back home and start again. I truly have nothing to lose. Being young is THE single best time to start a business. You have no children, no mortgage and no debt. The most dependent thing you probably have in your life is a mobile phone contract. That’s it. 
So, what have you really got to lose? What is stopping you from getting started and getting on with it? I once told somebody close to me that I was going to own a multi-national business one day, they laughed and said, ‘Get real.’ I didn’t ‘Get real’ instead, ‘I got started’ and now my business has operated in 25 countries in the past three years. 
What could you achieve if you weren’t afraid to lose? 

About Jamie Dunn (Director of ‘Spark Global Education')

Jamie is a 22 year-old Entrepreneur that has previously been short-listed as one of the Top 20 Young People in the World 2012, a title once held by former US President, John F Kennedy.

Jamie started in enterprise aged 12 selling unwanted items at school. By the time he was 15 he was making around £500 per week from 5 market stalls across Birmingham. At the age of 16, Jamie left school with little qualifications but won a place on the Peter Jones Pathfinder course as one of 28 from nationwide applicants, with this he moved to Buckinghamshire for 6 months.

Aged 18, Jamie Co-founded the printing organization, Made By Young People that eventually held clients such as, Aston Villa, Ikea and Asda. Jamie successfully exited this business aged 20. Since then, Jamie has gone on to work with Governments and Educational Organizations from around the World on developing Youth Entrepreneurship eco-systems. Most notably, Jamie was an adviser to the Malaysian Government office surrounding enterprise education. During this time, Jamie also co-founded a multi-million pound investment fund, which provides mentoring, office space, finance and support to young people in the West Midlands who are setting up in business.

Jamie now spends most of his time as a Director, Shareholder in Spark Global Education, an educational consultancy with operations globally. As an investor, Jamie has equity interests in different sectors ranging from Recruitment to Technology. Jamie also sits on, and advises many different boards and trusts including the BMET Enterprise Academy, Arrive Alive, TechMinsk and Arden Forest FC. Jamie also writes regular columns for, Shell LiveWire and various other publications and websites.

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