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It’s a common refrain when businesses are looking to justify a cut in the travel budget: why spend on physical travel when we can meet with the same people using conferencing technology? At first glance, replacing corporate travel with virtual meetings makes sense. The financial cost evaporates, the stress involved with travel disappears, and the […]
More than ever before, we are seeing young people taking on significant leadership roles. Your employer might have put you on the fast track to leadership. Or if you’re following in the footsteps of someone like Mark Zuckerberg, you may have founded a start-up and successfully grown it. Either way, you will have likely found […]
Sydney-based startup Hometime, which manages short-term property rentals, including Airbnb listings, has closed a $1.5 million seed funding round led by tech accelerator Asia Principal Capital (APCL). Founders Dave Thompson and Will Crock added APCL director Martin Dalgleish (the former chief executive of PBL Media) to their board as part of the deal struck with […]
Sydney-based fintech startup easyshare has launched its rent and bill payment mobile app following a successful pilot phase, which saw it process over $10m in payments for a thousand early users. John Bush, who founded easyshare in 2014, spoke to Dynamic Business about his company’s early success. DB: What motivated you to launch easyshare? Bush: I was in […]
Esports, also known as competitive video gaming, is – in the words of GAMURS co-founder and CEO Riad Chikhani – a “ridiculously big industry… still in its infancy”. Worldwide, there are 191 million esports enthusiasts plus another 194 million occasional viewers… and it’s forecast that by 2020, this combined audience will have risen 53% [1]. […]
Although no business is 100% safe from ransomware, you’d be forgiven if you thought that only large, publicly-listed organisations fall victim to these potentially devastating cyberattacks. After all, when the NotPetya and WannaCry ransomware variants ‘took the world by storm’, just a few months ago, media coverage was dominated by successful intrusions against multinationals such […]
Is Australia heading towards a recession? A combination of factors including rising Australian household debt, the state of the energy market and the fact that Australia hasn’t experienced a recession for 25 years, have led many commentators to speculate that a recession or slow down may be imminent. The good news is that SMEs can […]
Sydney-based fintech startup zipMoney (Zip) has secured a $40m equity investment from Westpac as part of a strategic alliance with the ‘Big 4’ bank. The investment follows the announcement, in May, that Zip – a provider of point-of-sale credit and digital payment services – had secured a $260m debt facility with $200 million in funding from […]
The idea of having to develop a groundbreaking innovation can seem as terrifying as it is exciting to many entrepreneurs. Innovation is risky and won’t always go to plan. However, there’s no need to worry, because successful innovation isn’t about being perfect, it’s about continual improvement. Don’t get stressed about the risk: get excited instead. […]
For the uninitiated, the term ‘3D body-mapping’ might conjure up images of futuristic cartographers (which, to be fair, isn’t entirely off the mark). It’s the technology which has helped Sydney-based startup mPort land a reported $80m deal with America’s largest gym chain LA Fitness, secure $12 million in funding from high-net-worth Australian investors and onboard […]
Have you tried to hire a senior employee lately and have found the talent pool extremely limited? Trying to find senior staff in my industry – interior and architectural design – can be incredibly difficult. The reason for this stems from the GFC. When it hit, many firms in the design community put the brakes […]
Heading into 2017, STM – a Sydney-based maker of laptop bags and other tech accessories – had enjoyed three years of record growth, fuelled by strategic hires across sales, product development and marketing plus firmer support from long-term retail partners. Not only had its revenue tripled, its global footprint had increased nearly three-fold from having […]
Female founders are outnumbered three to one in Australia’s startup ecosystem because they often lack the support of a strong network of ‘door openers’, according to Fiona Boyd, the CEO of Heads Over Heels. She explained that Head Over Heels, an Australian not-for-profit founded in 2010, provides female entrepreneurs with a “powerful platform” to scale – and […]
When it comes to building businesses, coming up with an idea is only half the battle. It is, however, a necessary key ingredient. Creativity is essential to entrepreneurship – so much so that the two terms are almost synonymous: an entrepreneur is by definition an agent of change. And for change to exist there must […]
Since Qwilr launched in June 2014, co-founders Mark Tanner and Dylan Baskind have raised $2 million in funding for their SaaS web-document builder, which has been used by more than 40,000 businesses, world-wide, to create 200,000 webpages. The business partners spoke to Dynamic Business about having to ‘change gears’ and ‘murder darlings’ to get to where they are, […]
When it comes to business, culture is something of a ‘vegemite’ word: you either love it and embrace all that it stands for, or you hate it and avoid it at all costs. At Atomic 212°, we are tremendous believers in the virtue of strong culture, which we try to live by remembering that our […]
A finalist in this year’s Telstra Queensland Business Awards, KNOBBY is a subscription business out of the Sunshine Coast whose products are worn by tens of thousands of members globally. You might struggle to spot one on the street, of course, because KNOBBY is an underwear club. If you were to ask founder Rob Rand, […]
Evergen is taking advantage of a “once-in-a-hundred-years” opportunity for startups to gain ground against Australia’s legacy energy retailers, its CEO told Dynamic Business. Launched in August, last year, Evergen sells intelligent home energy systems that utilise solar power, batteries and CSIRO technology, which has been exclusively licensed to the energy services startup. Co-founded by Emlyn Keane […]
I often find it frustrating when I hear or see people from startups actively chasing the help and financial support of an accelerator. For those that don’t know, startup accelerators offer funding initiatives, mentor programs and other resources for startup businesses. It’s not to say that these are not useful, far from it. As I’m […]
Online small business loan provider Prospa has become the first fintech company to win Telstra’s NSW Medium Business Award, with co-CEO Beau Bertoli stating that the accolade shows fintech is “no longer just some startup idea”. Bertoli, who founded Prospa with Greg Moshal in 2011, spoke to Dynamic Business about the five-year-old company’s victory at […]
