As consumers increasingly opt for online shopping experiences over in-store, businesses of all sizes can ill afford having a lacklustre ecommerce presence – or worse, none at all. In the Amazon era, that means obscurity, even oblivion. But how can small businesses with limited resources go about establishing an effective ecommerce presence that captivates new […]
Airtasker co-founder Jonathan Lui has raised $1.65 million in seed capital for his second venture, the “LinkedIn for property” app Soho. [Related: Solo with Soho: Jonathan Lui on following up Airtasker with a ‘LinkedIn for property’ app and Jonathan Lui shares what he has learnt from establishing his new startup SOHO overseas] The seed round, […]
The ‘Holy Grail’, for many business owners, is to launch a business, grow it, sell it at a profit and retire early. Even for entrepreneurs who are committed to their business for life, the mere knowledge that they could sell if they chose provides a security blanket. However, selling a business can be a complex […]
When Fleet launched in 2015, its three founders faced an uphill battle. They had created an IoT nanosatellite technology startup in Adelaide at a time when Australia’s commercial space sector was practically non-existent and – in the absence of a national space agency – they were told the venture would likely fail. Fast-forward to today […]
There is a stigma about having an unsuccessful startup as it can quickly go from excitedly telling others about your idea to explaining why you have moved back in with your parents. But failing a startup shouldn’t be viewed so negatively by those in the business world or by others. Many budding entrepreneurs who decide […]
“Some first-time startup founders buy into the myth that they will have more time, more freedom and more money… it couldn’t be further from the truth.” For our “Let’s Talk…” feature, this week, we asked 18 thought leaders to discuss the personal sacrifices that first-time founders generally overlook when they’re bitten by the startup bug. An oft-overlooked […]
Harnessing technology more than a decade in the making, the medical minds behind Opus Medical are pursuing a global opportunity exceeding $800 million to improve treatment outcomes for breast cancer patients. Co-founded by Dr Sean Pollock (COO) and University of Sydney Professor Paul Keall (Director), the Sydney-based medtech startup is in the business of developing […]
Hiring people with entrepreneurial spirit. Supporting the open flow of ideas. Celebrating wins in creative ways. Encouraging experimentation while tolerating failure. Promoting competition within teams. Making every employee the ‘CEO’ of something and giving them ‘skin the game’. Role modelling entrepreneurial characteristics and leading with zeal. These are some of the ways in which business […]
Melbourne-based EduTech startup Typsy is on track to reach 500% year-on-year sales growth this year after successfully courting its largest client to date – Switzerland’s prestigious hospitality management school, Ecole hôtelière de Lausanne (EHL). Launched in May 2016, Typsy – an online hospitality training platform – is the brainchild of serial entrepreneur Jonathan Plowright, whose […]
Startups with good a business plan give comfort to entrepreneurs and investors in part because the plan details the objectives, strategies and tactics along with the anticipated profits. There is however a wide variation in business plans. Some are voluminous demonstrations of thorough research, while some exist as a mere template borrowed from the internet to meet the formalities. Others, […]
