In 2006, the Victorian State Government ran a program called Business Continuity. The program addressed the devastating impacts a 10-year drought was having on hundreds of small businesses in regional communities. Businesses undertook a SWOT analysis, were reviewed against their strategy, financials, and then given a plan to help generate cashflow. A year later, the… Read more »
After an admittedly late start, crowdfunding is certainly coming of age in Australia. As was rightly pointed out recently by Birchal Co-Founder Matt Vitale, that Australian crowdsourced funding (CSF) platforms have raised $240 million for 320 start-up companies over the past five years is an unqualified success. Accessing otherwise unavailable investment opportunities in high growth… Read more »
By nature, startups are used to being the disruptors; the ‘fast movers’ that challenge the inertia of bigger organisations, finding ways to embed themselves and helping others to innovate, adapt and progress faster. But what happens when even faster tech threatens to disrupt even the disruptors? Leaders today face a velocity of change that exceeds… Read more »
In the neon-lit glory of the 1990s, the dawn of the internet era, I took my first steps into the world of entrepreneurship. A period defined by the dot-com bubble, the era was rife with nascent technologies, untapped potential and a burgeoning belief that technology was an alchemical touch transforming everything into gold. This was… Read more »
The team at Sydney VC firm Folklore are sharing some of their insights on the investment process to give founders, particularly early founders, an insight into how to approach VC engagement from your first conversation through to what to expect from your VC after receiving your first cheque, or even rejection. In part one of… Read more »
The skills needed to thrive in an uncertain future are often thought to fall under the term “entrepreneurial mindset” but New Zealand researcher Darsel Keane has found that there’s little clarity about what an entrepreneurial mindset actually is. While the phrase is cited with increasing popularity in recent years, Keane, director of the Centre for… Read more »
The US venture capital market has always been important for Australian founders who have had global aspirations from day one or are currently contemplating expansion into the technology-rich, densely populated, and innovative market. As experienced Australian seed-stage investors, we keep a close eye on the market and make sure to cultivate relationships in the region… Read more »
Australia was late to the game when it came to allowing startups to raise capital through crowd-sourced funding. But it grew quickly to become the second largest market per capita by 2021, according to the latest global research. Five years in, it’s undoubtedly a huge success, with over $240 million invested across 320 successful offers… Read more »
Understanding when and what type of marketing hire you need to make can be really confusing and difficult. When appraising applicants, their job titles often don’t tell you what they really do day-to-day, and on the other side of the coin, you might know what you want your new hire to do but you can’t… Read more »
The team at Sydney VC firm Folklore are sharing some of their insights on the investment process to give founders, particularly early founders, an insight into how to approach VC engagement from your first conversation through to what to expect from your VC after receiving your first cheque, or even rejection. In part one of… Read more »
Most of us look forward to a rare long weekend. But some Australians now enjoy a four-day week every week. They’re lucky enough to work for the small number of organisations that are trialling or have permanently adopted what is known as the 100:80:100 model, in which employees keep 100% of what they were paid… Read more »
Elon Musk doesn’t like people working from home. A year ago he declared the end of remote work for employees at car maker Tesla. Now he has called the desire of the “laptop classes” to work from home “immoral”. “You’re gonna work from home and you’re gonna make everyone else who made your car come… Read more »
Soul-rock legend Tina Turner passed away today – and apart from teaching us all how to Nutbush, the singer’s life serves as a testament to purpose, passion and resilience – three attributes entrepreneurs have in spades. Tina’s story is one of strength and perseverance. Her journey wasn’t always easy – she faced numerous obstacles throughout… Read more »
Workplace culture is the environment that you create for your employees. It plays a powerful role in determining their satisfaction with their career, their interpersonal relationships and their career progression. The culture of your workplace is determined by a combination of the company’s leadership and the employees’ values, beliefs and attitudes, which translate into behaviours… Read more »
Plenty of entrepreneurs have grand plans for the launch of their business, but too few think about an exit strategy before they begin. This is a fatal mistake. With 90% of startups doomed to failure, founders can’t afford to overlook this most important element to their business’ long-term viability. An exit strategy will not only… Read more »
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