Advice
Most, if not all, self-funded entrepreneurs understand the challenges that go hand in hand with starting a business in today’s competitive start-up environment. For those that choose the self-funding route, the stress factor can go through the roof if you’re unprepared. At the same time, the benefits of self-funding can far surpass the challenges – […]
Smart organisations are always looking for ways to retain their top talent – and job sharing is an excellent (albeit, little understood) retention strategy, especially when it comes to career-minded women, Endi Frydman, founder of OneJob TwoMinds told Dynamic Business. For those unfamiliar with the concept of job sharing, it’s where a company employs two people […]
For many Australians, Christmas is an opportunity to take a well-earned break from work, however short, and spend time with family and friends. But for business leaders, including start-up founders, the holidays are often a juggling act: while it’s important to recharge the batteries, they remain personally responsible for their business, including its clients, regardless […]
Co-working spaces combine the start-up experience with the perks of larger companies to help growing businesses engage talent – and they’re increasingly self-sufficient ecosystems that thrive on B2B trade. So says Brad Krauskopf, founder and CEO of Hub Australia. Launched in 2011, the company expanded its network of co-working spaces, last month, when it opened Victoria’s largest co-working space, […]
Businesses are keenly aware that innovation is increasingly necessary for survival, let alone success, but many still struggle with the notion that innovation is not without risk of failure. There is a prevailing belief that failure is a weakness, and this works through all layers of the business: from the board through to management, to […]
In this day and age, being pulled in all directions and doing a million things all at once is something to brag about. In fact, we look in awe at people who could juggle all kinds of tasks at once, wanting to learn the same thing. However, experts have weighed in on this myth and shattered […]
Looking back to when I started Reckon 30 years ago with a maxed out credit card, a bank loan against a busted-up Holden Commodore and a big idea, it all seemed pie in the sky. Today Reckon is a publicly listed ASX company with strong growth employing over 500+ people across the world and a big, […]
Commerce rarely stands still. And online commerce is a beast in perpetual motion. We’ve all become accustomed to the idea disruption is the new norm and change is the only constant. However, beneath the seeming chaos we can still recognise patterns which help us as entrepreneurs create value. One of the most fascinating patterns to […]
Starting any business can be a daunting prospect, let alone in the competitive creative industries and when I decided I wanted to start my own creative business, and later move it to Port Macquarie, there were many hurdles to overcome. In need of a sea change, we decided to move our boutique design and marketing […]
Running a small business can be an empowering experience, but also an unpredictable one. You have to work incredibly hard to make sure new business is walking through the door, but inevitably, you’re going to run into slower periods. Unfortunately, these are out of your control. Seasonality affects all businesses. (There’s a reason why unemployment […]
Since launching six years ago, Sydney-based IT service provider Insentra has seen its workforce balloon from five to 60 team members across Australia, New Zealand, London and Scotland. According to founder and managing director Ronnie Altit, the SME has earned a reputation among current and former employees for being a company ‘you never want to leave’ and […]
There are plenty of people out there with brilliant ideas and concepts.You hear about them every day, pitching to investors or trying to get funding to make their startup dream happen. You see them on TV shows like Shark Tank, trying to convince the judges their idea is the next Uber of… you can fill […]
It was 2010 and I needed to find someone that could build shelves for my apartment. What seemed like a simple task, proved more stressful than I had imagined. I relied first on word of mouth from family and friends but then turned to the internet. The process was arduous and several days passed before I […]
Want to compete with the multinationals but worried ‘going big’ will kill the creative spirit driving your business? According to Pawl Cubbin, founder and CEO of independent creative network ZOO Group, you can punch above your weight by cultivating a culture of entrepreneurialism, getting your core team right and learning from different business models. In […]
So, you’ve decided it’s time to innovate and level-up your business. You’ll need to brainstorm but confining yourself to a stuffy office cubicle is unlikely to produce that vital ‘aha’ moment. As Sydney-based entrepreneur Chris Dutton explains, sometimes you need to escape your usual work habitat (think somewhere exotic), rub shoulders with your peers and […]
How time flies. It has now been 12 years since my baby and all-consuming obsession, Firefly in Neutral Bay, took shape. More than a decade on, Firefly has not only endured but thrived and, in my humble opinion, it’s one of the best bars and restaurants on Sydney’s North Shore. The bar scene can be a cruel mistress. It […]
As someone who mentors businesses for a living, I spend much of my time researching and reviewing business models, marketing campaigns and advice from the top business leaders and experts from around the world. In this article, I am going to share some insight from two leaders who have two very different business models. Richard […]
Superstar entrepreneur and Virgin Group founder, Sir Richard Branson regaled attendees at last week’s World Business Forum in Sydney with tales from his storied career, including lessons learned. But it was a symbolic act early in the proceedings that seemed to perfectly sum up Branson’s business and life philosophy. Appearing on stage to meet with session facilitator […]
Innovation strategy is an elusive concept to many businesses. People talk a lot about it but fail to actually commit to harnessing their innovation efforts into specific areas of focus. Instead, “blue sky” brainstorms are held where any idea is a good idea, and innovation fails to be deliberately focused around anything. Innovating in this […]
Beside the normal regulatory and governance requirements, most business owners, entrepreneurs and CEOs realise the need for and benefit of reporting to a board. With the right dynamics in place a board can empower people with complimentary skills, experience and wisdom to formally advise and assist us. Equally, contributing to other businesses and organisations as a […]
