The panel members include Julie Meyer

The panel members include Julie Meyer, the boss of London-based investment fund Ariadne Capital; Ian Livingstone, life president of computer games business Eidos; and Tom Ryan, founder of Smashburger, one of the fastest growing companies in the US.

Joining them are Dieter Burmester, founder of luxury German hi-fi company Burmester; Ron Mahabir, co-founder of Singapore-based Asia Cleantech Capital, which invests in green energy projects; and Eric Ries, Silicon Valley research entrepreneur and start-up adviser.

In fact, the mobility of business is exploding with all kinds of enterprise applications and services enabled by cloud computing, smartphones, tablets and other internet devices.

One of our businesses, Greenlots, has sold intelligent charging systems for electric vehicles to 13 countries around the world.

The business is driven at a local level

Since the business is driven at a local level, we rely heavily on our local channel partners. This requires frequent communications.

Finally, we try to design the right incentives for our business partners so they will be motivated to focus on growing the business at the same time.

V, Shenzhen, China, asks: In your opinion, what is the key factor that separates the 20% of successful start-up businesses from the 80% that fail?

I feel that a private business will have a tough time being awarded contracts by the government, especially in the face of all the licensing.

What you are doing

If you in effect believe in what you are doing, you're going to have to address the business possibility by engaging at the idea level to try to shift the debate, and to move the centre of the market space into a free market.

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