Cyber Security Entrepreneurship (for Women in Security)

EntrepreneurshipCopyright Jane Frankland Agency, 2014

Introduction

Who is Jane Frankland?

7-figure cyber security entrepreneur.

Grew my 1st company to 7-figures in record time (2 years) & then I did it a 2nd time, 5 years later.

At 27 years old. NO startup capital, NO experience in cyber & a family along the way – 3 kids.

Have a global cyber agency & I help businesses and consultants with cyber security, influence & sales.

WHY CONSIDER

ENTREPRENEURSHIP?

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?

State of the economyIn 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

Fierce competition

46 applications for 1 graduate job vacancy.

Or, 160 applications at the top companies e.g. Unilever.

Half of recent graduates are in non-graduate jobsDaily Mail, June 2013.

Graduate unemployment at 9% (6 months after)http://www.dailymail.co.uk/news/article-2352011/Up-160-graduates-chase-job-Leading-firms-increase-number-applications-role.html/

£14,000 per year for childcare (net)Women are delaying having children or not returning to work after having them

Solution: create your own jobs!If the mountain will not come to Mahomet, Mahomet must go to the mountain

2 pieces of good newsYou’re in technology & business is changing!

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.

There’s never been a better time for women Dalai Lama said, “The world will be saved by the Western Woman.”

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.

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 and c.3,500 insolvencies per year.

The growth of start-ups is astonishing.

Entrepreneurs think differentlyNot everyone is one.

Top 5 tech entrepreneurs (net worth)

1. Mark Zuckerberg, 28, Facebook - $10.1 billion.

2. Dustin Moskovitz, 28, Facebook & Asana - $5.1 billion.

3. Adam D'Angelo, 27, Facebook & Quora - $680 million.

4. Kevin Systrom, 27, Instagram - $470 million.

5. Drew Houston, 29, Dropbox - $600 million.

5 cyber security entrepreneurs

1. Next Generation Software sold to NCC Group for £10 million, in 2008.

2. Integralis sold to NTT for £64 million, in 2009.

3. McAfee sold to Intel for $7 billion, in 2010.

4. ContextIS sold to Babcock – £32 million, in 2013.

5. Mandiant sold to FireEye - $1 billion, in 2014.

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).

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.

Any other advice?

SELL

NETWORK

PARTNERSHIPS

Computerization

To future proof your income improve your creativity & social skills.

http://www.futuretech.ox.ac.uk/news-release-oxford-martin-school-study-shows-nearly-half-us-jobs-could-be-risk-computerisation

Take action: contact me!Email: hello@jane-franklandTwitter: https://twitter.com/JaneFranklandLinkedIn: https://linkedin.com/in/JaneFrankland