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The internationally-renowned Massachusetts Institute of Technology (MIT) Global Entrepreneurship Bootcamp is taking place in Australia for the first time, next year. Three all-expenses paid scholarships are up for grabs – but interested Aussies must be quick: the application deadline is tomorrow (15 Dec). The boot camp is being held at QUT’s Gardens Point campus from […]
Entrepreneurship is a lifelong learning process, with the incredible highs AND the devastating lows each offering lessons that help determine the way forward in business. While deconstructing setbacks can be painful, any failure you don’t learn from in business is a wasted opportunity. Here, six Aussie entrepreneurs share their key regrets in business from 2016 and how […]
As a savvy entrepreneur, you know that your brilliant start-up idea, together with your visionary approach to a certain industry niche, is going to need a strong financial backbone. Capital is pretty hard to come by in this day and age, and your start-up needs to grow or have a soft cushion to land on in case […]
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 – […]
Choosing a business structure is, well, tricky business. If you are thinking of starting a business, you should first weigh up the pros and cons of each business structure to figure out which one best suits your needs. This is an important step that shouldn’t be overlooked because it affects many aspects of your business […]
When trying to grow a business, it’s tempting to put most of your efforts into finding new customers. However, in many cases it can be more lucrative to encourage repeat business from existing customers. In fact, attracting new customers can cost you five times more than retaining existing clients, so it makes good financial sense […]
With the launch of its second co-investment fund, this month, Sydney Angels is seeking to raise between $10 and 20 million to invest in high-growth potential early-stage ventures. Sidecar Fund 2 follows the first Sidecar Fund, which Sydney Angels launched in 2012. Sidecar Fund 1 attracted $10 million in capital from outside investors, to invest […]
Australia has over 2 million small businesses and every day, over 500,000 of them are playing Russian roulette with their livelihoods. Okay, maybe that’s a bit of existential hyperbole, but they’re definitely risking a few toes and they are crucial in maintaining balance. A study by the Australian government found that 26% of small and medium businesses lack […]
Digital transformation is the core focus of the Federal Government’s $1.1 billion National Innovation and Science Agenda, the aim of which is to ‘drive smart ideas that create business growth, local jobs and global success’. According to Jean-Baptiste Adet, Director of Customer Experience Management at OpenText Corp, an EIM (Enterprise Information Management) solutions provider, the […]
Bolstered by a successful capital raise, earlier this year, Elanation co-founders Katherine Pace and Aimee Atkins have launched the start-up’s first offering, with the aim being to satisfy a gap in the kid-tech market for age-appropriate fitness wearables – and they’re just in time for Christmas. In July, Pace and Atkins closed Elanation’s final seed-funding […]
Being agile in business today means you’re flexible, fast and adaptable. While agility has been a necessity in the fast-moving world of software development for some time, creating a structure that allows for rapid innovation is good for any business, regardless of the industry or functional area in which they operate. So how does an agile approach […]
It’s likely that at some stage in your career you’ve dreamt of running your own business, due to the perceived flexibility, but haven’t yet taken the entrepreneurial plunge for one reason or another. Perhaps it’s job security, budget constraints, or just a general fear of the unknown – all valid reasons for hesitation. Fortunately, there’s a […]
If there’s one thing the start-up world is full of, its buzzwords. In an industry where speed of disruption and change are the only two constants, many tech trends are here today and sadly, gone tomorrow. So the industry and even the wider community can be forgiven for thinking that Augmented Reality (AR) and Virtual […]
Business development involves activities that enhance the value of your brand, such as capturing market share and nurturing relationships with internal and external stakeholders. Regarding the latter, without feedback from clients and employees, it will be difficult for organisations to determine the direction business development should take. Here are five ways to attain your business goals through feedback: Improve Employee Workflow […]
Talented and experienced SEO managers are a highly sought-after commodity in business. That’s because search engine optimisation (SEO) is one of the most crucial elements of any organisation’s digital marketing strategy, serving as the foundation for their brand’s online presence. Unfortunately, while there’s an abundance of SEO-related positions to fill, digital recruiters will tell you that truly great SEO […]
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 […]
As the dust starts to settle on what has been an astounding US election, the question on everyone’s lips is how will global trade be affected? Let’s face it, the protectionist policies that helped propel Donald Trump’s vote in Middle America will have far-reaching consequences for the global economy and global alliances – if implemented. Nevertheless, we need […]
Powered by an entrepreneurial engine, start-ups pursue rapid growth off the back of a product or service with a large potential customer base. While a start-up’s offering may be innovative, disruptive even, plans for growth could be derailed if inexperience at negotiation prevents them from, say, locking in those first crucial investors or clients. Here’s how your start-up can negotiate like a pro: Know […]
The commonly held belief that small business owners are too busy to take substantial holidays is at odds with new research from Xero. The cloud accounting provider’s Working Parents Report, which involved a survey of 1248 Australians, found that small business owners with children will have more time off than other working parents this summer. […]
Small businesses across Queensland have until Friday, 9 December, to apply for a government grant to put towards the purchase of digital technologies and services that will help them to be more competitive and employ more staff. Matched funding of up to $10,000 (excluding GST) is available under the Small Business Digital Grants Program, which […]
