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Inadequate cash flow has been cited as the cause of two in five business failures in Australia *, lending credence to the age-old saying that ‘cash is king’ (an especially unmerciful one at that). For this week’s “Let’s Talk…” feature, we asked more than a dozen thought leaders to identify the common mistakes startup founders and other […]
To unlock massive growth, business leaders must be comfortable with the idea of not only going global but also – when it makes sense for the company – moving beyond their initial idea and vacating the driver’s seat, according to Dr Jana Matthews, an international expert on entrepreneurial leadership and business growth. [Related: Why small businesses need […]
The NSW Government has rejected criticism levelled at its $190 million job creation fund by The Daily Telegraph, which today claimed the fund’s managing body, Jobs for NSW, had yielded “drastically low results”. [Related: “Previously, the government wouldn’t have engaged SMEs in this way”: Jobs for NSW CEO and “Huge coup for Sydney” – $35m startup hub to […]
Andrew Joyce was previously co-founder of mobile refurbishing business, Rifurb which turned over $25 million in its first twelve months. He is now three years into his second venture as co-founder at Found Careers, a jobs app taking on the $1 billion Australian recruitment industry by connecting mobile job seekers with employers. [Related: Build a better […]
Security Colony was one of six cybersecurity companies selected by Austrade & AustCyber to take part in the Federal Government’s Landing Pad program in San Francisco. In this exclusive series for Dynamic Business, Nick Ellsmore, co-founder of Security Colony shares his journey as he builds his second business (the first sold to BAE Systems) and introduces […]
To enable more and more ambitious women to forge new horizons in business, the entrepreneurial narrative must be rewritten to be more gender inclusive. Relevantly, media has a responsibility to challenge outdated stereotypes and raise awareness of trailblazing female entrepreneurs, some of whom fly under the radar. After all, as Fiona Boyd, the CEO of […]
Press for Progress, the theme of International Women’s Day (8 March) this year, is a call for us all to not be complacent when it comes to taking action to promote gender equality and working towards a more equitable future. [Related: “You can’t be what you can’t see”: addressing gender imbalance in the startup ecosystem] With only […]
The husband and wife team behind Socialsuite – an SaaS platform that enables not-for-profits to measure and prove their social impact to funders – overcame a controversial ‘Oscars moment’ to win Salesforce World Tour Sydney PitchComp (7 March) and take home US$100,000 in prize money. [Related: “It was very intense”: Sydney start-up PractiFI crowned winner of […]
Startup founders in search of the ‘right investor’ mustn’t let themselves be blinded by the cash placed on the table, lest they make a deal with the devil… OKAY, perhaps that’s a little melodramatic, but the underlying point is valid – money alone is no guarantee of a long, fruitful founder/investor relationship. This week, […]
Gender equality seems to be the topic on everyone’s lips – yet despite an increase in awareness and such extensive media coverage, it’s something that many businesses still struggle to achieve. As women in leadership roles of male dominated businesses, what can we do to inspire an internal culture shift? When I first stepped into […]
Online pet care marketplace Mad Paws has secured $5 million in Series A funding, with ‘super-fast, sustainable growth’ over the past year cited by CEO Alexis Soulopoulos as a key reason why his ‘Airbnb for pets’ is in demand amongst investors. Launched in November 2014 by Soulopoulos and his co-founders Jan Pacas, Rolf Weber, Justus […]
Although we have come a long way as a society when it comes to our currency system, our agreed upon form of exchange for goods and services continues to evolve. Business is increasingly done online, and transactions are rarely face-to-face or finalised with a solid handshake. Plus, the way we pay for services has changed […]
Security Colony was one of six cybersecurity companies selected by Austrade & AustCyber to take part in the Federal Government’s Landing Pad program in San Francisco. In this exclusive series for Dynamic Business, Nick Ellsmore, co-founder of Security Colony shares his journey as he builds his second business (the first sold to BAE Systems) and introduces […]
After a long, fruitless search for meaningful engineering work in Australia, Pakistanti expat Usman Iftikhar resolved to ‘create his own future’ by starting a business. Eager to help other highly-skilled migrants overcome barriers to their professional fulfillment, he partnered with Jacob Muller and launched Catalysr – a startup incubator program for ‘migrapreneurs’ located in the […]
NSW now boasts a dedicated incubator for tech startups operating across the media, entertainment, games, music, design and creative industries, with The Studio today opening its doors in the heart of Sydney’s CBD. [Related: “Huge coup for Sydney” – $35m startup hub to host exclusive Microsoft accelerator program and The NSW Government is launching a […]
Industries left, right and centre are being infiltrated by tech-driven startups willing to address prevailing inefficiencies and achieve a superior customer experience. Against this backdrop, many incumbents are realising that unless they ride the wave of disruption, they’ll by swept away with the status quo. This week, for our exclusive “Let’s Talk…” feature examining disruption, […]
Running a small business has many rewards, but it has never been an endeavour for the faint-hearted. One of the most common yet avoidable areas of stress for SME owners is the ability to manage and maintain sufficient cashflow. [Editor’s note: This is the fifth in a 12-part series, by accountant and serial entrepreneur Tanya […]
Security Colony was one of six cybersecurity companies selected by Austrade & AustCyber to take part in the Federal Government’s Landing Pad program in San Francisco. In this exclusive series for Dynamic Business, Nick Ellsmore, co-founder of Security Colony shares his journey as he builds his second business (the first sold to BAE Systems) and introduces […]
After spending decades working in the ‘big end of town’, Sydney barrister Leo Tyndall turned his efforts to the ‘smaller end’, eager to help promising SMEs deprived of finance by traditional lenders. In the four years since he founded MarketLend – an online lending platform inspired by international peer-to-peer (P2P) offerings – Tyndall (CEO) […]
The NSW Government has purchased a $3.3 million stake in Wagyu beef agribusiness Stone Axe Pastoral, marking the first time it has dipped into its $150 million Go NSW Equity Fund, unveiled last October. [Related: NSW Government set to secure equity in SMEs with ‘good ideas’ using new $150 million fund] Delivered in partnership with […]
