#Starting A Business
Four pitfalls new business starters must avoid
In the ten years since I started my technology consultancy WebVine, I have made mistakes and learned a lot of lessons. There are still challenges as we have grown and flourished, but hopefully today’s new entrepreneurs can benefit from my experience with these potential pitfalls: Proliferation, not Perfection A common mistake I see startups make […]
The hidden costs of starting a business
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, […]
Fear not; it’s risky business but not as hard as you think says Steve Baxter of start-up hub River City Labs
Some might argue that ‘business’ is synonymous with risk; and in many ways, it is. But what of it? “If you ever want to achieve the life you’ve always dreamed of, you’ll have to start taking positive, calculated risks. “The benefits of taking risks will enrich your life and make your business or career much […]
6 Things every start-up needs to know about running a business
Behind every start up is an aspiration to do something different. The attraction to do something different attracts fellow travellers all keen to be different and break with the boring services, products and maybe procedures of more established companies. This can be a trap for young players. Behind every successful and exciting company is a […]
7 Things that will change the way you approach tech start-ups
When approaching a tech start-up, there are a lot of intervals where things could go terribly wrong. The most important element in the process to nurture is productivity, while the most damaging components are usually our own selves. Our pride, ego, anger, lack of time management skills, and lack of commitment are the detrimental things […]
Finding your business niche
Many people dream of starting their own business, whether it’s a restaurant, a clothing store or selling homewares online. But no matter what kind of business you’re thinking of starting, there’s one question everyone in the planning stages needs to ask themselves – what will set our business apart from our competitors? Finding your business […]
The key things successful entrepreneurs are doing that you should emulate
These days, with the Internet being what it is, anyone with an idea to sell is potentially an entrepreneur. Gone are the days when only a select few were able to have their own business. These days, for many people, all they need is a product or skill to sell, a computer with a good […]
Starting a business? 6 things you need to consider
Everyone has, at some point, dreamt of owning their own business. Whether it’s a small family restaurant or a large worldwide corporation, the need to have something you can call your own is deeply rooted in the human psyche. That being said, if it really were that easy, everybody would be an entrepreneur. Making it […]
When and why you should (or shouldn’t) find a co-founder
There is an old African proverb that goes, “If you want to go quickly, go alone, but if you want to go far, go together.” In the world of startups, going together often means going both faster and further. According to Startup Genome, a project that analysed a dataset of 100,000 startups over a few […]
One business leads to another with The Next Pair
Have you ever travelled, offered to bring something back and ended up with a shopping list and half your luggage allowance already accounted for? For Alex Hsu, this was an all too common predicament. Frequently travelling to the US for his IT business trading computer parts, Alex became inundated with requests for running shoes, typically […]
Spotlight on business failure
More often than not, the spotlight is firmly on success. And rightly so. Success is hardly likely if the focus is on failure.
Q&A with Rob Nixon: Risky business
Finding the money to start a business is a problem for many budding entrepreneurs, but Rob Nixon decided to risk it all by putting $90,000 on his credit cards to get his start.
Putting new life into an existing small business
For any small business owner, there comes a time when you reach a stage in the business life cycle where you feel like business has stopped moving forward and the business is just going through the motions.
Aussie pioneers proving naysayers wrong
For decades, cocoa was a crop many said could not be grown commercially on local soil. How wrong they were.
Reuseable construction materials given a lifeline
A Sydney builder is hoping to revolutionise the way Australians buy, sell, and get rid of building products through a new app and online market place.
Get your start-up started
It seems Australians are moonlighting – as online shopkeepers. Internet start-ups have increased 200 per cent from 2010 and 2012, four times the pace in the United States and Britain.
Business births and deaths rate examined
Australia is lagging behind in business creation, according to new research from RSM.
The common start-up mistake you don’t want to make
Most start-up founders accurately predict how they’ll make money, and how much it will cost. But there’s one thing they almost always get wrong.
Ten essential tips to start a new business
Transforming your idea for a business into a commercial reality can be both an exhilarating and stressful experience.
The start-up lifecycle: From idea to success
Everything starts with an idea, the fire-in-the-belly that kicks you into action and guides you towards your goal. Here is a summary of the start-up lifecycle.
6 tips for the perfect start-up name
A killer company name isn’t just about finding something that sounds right. Here are six things to keep in mind.
Richard Branson on why money isn’t everything
You need a lot of ingredients to launch a successful business, but a big pot of money isn’t one of them. Virgin founder Richard Branson explains why.
Critical lessons from 5 common start-up mistakes
How to find inspiration in your failure, learn from your mistakes and come out better on the other side.
The lawyer who took a dive into business
While not everyone has a business idea in them, some people just stumble onto one. This is what happened to prosecutor Peter Michie, who started his own dive school after taking it up as a hobby.