Pace, innovation, a focus on customer service and great marketing are all key to developing a great start-up in Silicon Valley; a model which Australian start-ups can, and should emulate.
The beauty industry is one of the most competitive, add to that the struggle of standing out in a crowded community of online retailers, and it’s downright rare to find an entrepreneur that has succeeded in both areas like Kate Morris.
With Sleeping Duck, Winston Wijeyeratne and Selvam Sinnappan have created the perfect example of how the online world is disrupting the retail sector and how those wanting to compete with big businesses need to focus their efforts on bettering their competition’s inadequacies.
Kathleen Kenny came up with tribesta whilst driving to pick up her daughter from school. After witnessing the aftermath of an accident, which had left a woman trapped in her car, Kathleen thought, “What if that was me?”
Tired of constantly asking his cousin to buy and send him fitness gear from the States, entrepreneur Shaun Greenblo decided to find an easier way to help people receive the items they wanted from other places.
28-year-old Giles Butler and his team took out the top spot at Sydney Startup Weekend thanks to SoundNinja, a browser plug-in that aims to make it easier for users to find music artists and their tracks.
Entrepreneurial spirit is one of the key drivers in a family business. Much of this spirit is comprised of self-motivation or inner drive and the need to follow a passion.
“46 per cent of Australians are actually functionally illiterate. This is a really big deal. Some estimates have revealed it costs around $US18 billion. We’re talking about figures that would make a significant dent in any budget deficit here.”
The home improvement industry is one arena in which a skilful and tenacious Australian entrepreneur may be interested in starting a vibrant SME.
Be prepared to give compelling explanations to address challenging questions. As an entrepreneur you need to be able to defend your business claims with great explanations.
