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It’s an exciting time to be a small business involved in exporting. With the weaker AUD boosting Australia’s international competiveness in many industries outside of mining, and a host of new free trade agreements opening up entry into foreign markets, there are many great opportunities for small and medium-sized enterprises (SMEs) thinking about expanding overseas. […]
When you imagine a construction worker, would you think of that person as male or female? It’s perhaps not necessary to state the assumed response to that question because we have been educated to pigeonhole men and women in particular industries. As a result, women are largely underrepresented across a number of industries in the […]
For too many people out there, the idea of working in the Information Technology sector is associated solely with coding, as if learning a new programming language is the only thing you can do in order to become a professional in this industry. The reality is that there are plenty of jobs available, with a […]
If you practice what you preach, you’re more likely to gain credibility as a business leader – whether that be with your staff or customers. After all – would you take fitness advice from a personal trainer who smokes; or would you take driving lessons from an instructor who has a string of driving offences? […]
The legal industry is one steeped in tradition. Like our elders who will never give up on the feel of a newspaper for an iPad app, law firms that have been around since the year dot turn a blind eye to advances in technology and changing consumer behaviour, instead choosing to nurture convention. For them, […]
A crowd of business leaders aspiring to take their businesses to the next level gathered yesterday for the inaugural GrowthCon event at Sydney’s Hilton Hotel. The brainchild of Martin Martinez, who founded and grew the Australian Poker League (APL) from a “one-bedroom operation” into a 50-million-dollar enterprise, the event brought together ten of Australia’s leading […]
The construction industry might not be the first thing that comes to mind when you think about online marketing, but the fact is more and more people are jumping on the Internet for all of their service and product needs, not just for retail, and any small business who wants to keep on growing in […]
Did you know there are are over 1 million students enrolled at Australian universities and of these, more than 600,000 are international students? In fact, Australian universities are recognised as being a key contributor to the nation’s economic prosperity. As such, it makes sense that there is a strong focus on international recruitment across the […]
“This is a business, not a charity” – a phrase most of us, for one reason or another, have heard numerous times. Like the difference between good and evil, the former is driven by internal interests to make money, while the latter is driven by the needs of others to raise money. Their paths can […]
Now the sharing economy is evolving into something new. Ubiquitous communications, freelance work forces and low transaction costs are giving rise to the on-demand company, which aims to apply the principles of Uber or Airbnb to a much broader range of markets. (Irving Wladawsky-Berger, The Wall Street Journal) From food delivery, ad hoc tasks to […]
The story of Atlassian is the perfect tech startup fairy tale; two humble guys from Sydney bootstrap a company with a $10,000 credit card and pull off a successful IPO with a market cap of $4.4 billion (USD). Although, contrary to the hopes of many Australian entrepreneurs, the success of Atlassian doesn’t ride on the […]
There are many challenges facing small businesses and, with the New Year well underway, now is a good time to start addressing these head-on in order to build a stronger business. Whether you are a small enterprise just starting out or a mature business looking for additional growth, there is no shortage of challenges that […]
There’s a school of thought in business that suggests you should stick to what you know. According to one article, paying heed to this tenet will increase your chances of success as you take benefit from the insight, networks, and ‘rules of thumb’ you’ve spent years developing. You’re more likely to navigate through all the […]
Some people have a great idea they want to see through, some could think of nothing worse than going out on their own. Today, the word entrepreneur is the new black and we are talking start-ups all over again. I’ve seen several cycles through my career and worked with my first entrepreneur in my early […]
“You can never have too much of a good thing” is a phrase that most, if not all of us, will have heard before. Whether or not this is true is a matter of opinion, but if you’re in business and you’re onto that good thing, then you surely stick with it. After an extended […]
1. Before we say no to new ideas – ‘Consider’ You never know where the best ideas are going to come from, so you need to be open. When Kodak said ‘no’ to the digital camera invented in their very own labs by Steven Sasson in 1975, they said no to the idea that was […]
Yes – the Australian government has recently launched the National Innovation and Science Agenda which aims to cultivate Australia’s newest economic pillar: Technology and Innovation. “Welcome to the Ideas Boom” the homepage boldly and proudly states like a gatekeeper of previously untrodden territory. But are these policy changes (welcome as they are) driving this shift, […]
The startup world is alive and bustling with entrepreneurs, investors, accelerators and a growing network of support industries. The Startup Economy study undertaken by PwC and commissioned by Google highlights that with the right support and growth, this could contribute over $100 billion to GDP and create over half a million new jobs by 2033. […]
The transparency brought by the internet has changed the way we do business. Business owners no longer size themselves against the competitor on the adjacent street because, irrespective of locality, all stand side-by-side in a list of online search results; each just a click away from the other. But while this ultra-competitive, virtual environment has […]
Just when the Australian dollar is starting to bounce back against the US dollar after dipping last year, the local market is now being hit by the fluctuations in the Chinese economy. This has knock-on effects for Australian businesses. As Australia’s largest trading partner, China’s economic troubles is putting some pressure on the insolvency landscape, […]
