ENTREPRENEUR'S NEW VENTURE SWEET AS 'HONEE'

ENTREPRENEUR'S NEW VENTURE SWEET AS 'HONEE'

A MELBOURNE entrepreneur hailing from the food tech scene has launched a new venture to change the face of beauty. After recognising the proliferation of beauty and wellness, Matt Jones (pictured) decided to shift gears and apply his tech pedigree to the industry. He secured more than $500,000 from investors to fund Honee - an online ...

Read More...
WHY DAILY JOCKS IS THE PERFECT E-COMMERCE PACKAGE

WHY DAILY JOCKS IS THE PERFECT E-COMMERCE PACKAGE

WHAT started as an underwear blog has become a multi-million dollar business for Melbourne entrepreneur Nicholas Egonidis.

In its fourth year, Daily Jocks ships around 9,000 pieces of underwear each month, with 6,000 of those to subscribers to its monthly underwear service. That equates to a revenue of around AUD$3 million annually.

...

Read More...
HUB AUSTRALIA BOOSTS MELBOURNE'S CO-WORKING SCENE

HUB AUSTRALIA BOOSTS MELBOURNE'S CO-WORKING SCENE

HUB Australia has launched the largest co-working space in Victoria, after tripling its footprint in Melbourne. Hub Southern Cross occupies two floors of the Mail Exchange building on the corner of Spencer and Bourke Streets with space for up to 700 members. Hub Australia founder and CEO Brad Krauskopf (pictured) says the co-working i...

Read More...
EDUCATION TECH START UP XPLOR FAST TRACKS GROWTH WITH $6 MILLION IN FUNDING

EDUCATION TECH START UP XPLOR FAST TRACKS GROWTH WITH $6 MILLION IN FUNDING

WHEN Mark Woodland (pictured), CEO of Xplor, left the armed forces to help out his mother's childcare centre, he quickly realised the extent of the administrative and regulatory work involved in the day-to-day running of a childcare facility. He also noticed a number of inefficiencies which could be circumvented with the right technology.

...

Read More...
MENTORLOOP RAISES $300,000 IN SEED FUNDING

MENTORLOOP RAISES $300,000 IN SEED FUNDING

MENTORING is acknowledged as a vital part of career development, but even some of the most well-run businesses struggle to do it right.

This was an issue that long-time Melbourne-based friends Heidi Holmes and Lucy Loyd identified, and then targeted with a new cloud-based software offering named Mentorloop.

Having recently raised $300,000 ...

Read More...
PRINCE MIXES PHILANTHROPY WITH BUSINESS AT ZAMBRERO

PRINCE MIXES PHILANTHROPY WITH BUSINESS AT ZAMBRERO

SOMETIMES, after building a successful business and making millions, entrepreneurs will turn their thoughts to philanthropy. Zambrero founder Sam Prince took a different approach. He intertwined the commercial focus of his Mexican restaurant chain with the philanthropic goals of his social enterprise, Plate 4 Plate, right from the beginning, in ...

Read More...
VANTAGE AIMS TO CAPTURE THE AUSSIE SPIRIT

VANTAGE AIMS TO CAPTURE THE AUSSIE SPIRIT

VANTAGE Australia has taken a bigger swig of the beverage market with what it hopes will become the nation's drink of choice. Distilled in Melbourne, Spirit of a Nation is not classified as a vodka, gin or rum, but as a botanical white spirit with an alcohol volume of 37 per cent. The drink takes its inspiration from native bushla...

Read More...
FROM THE TANK: SHOULD YOU EVER WHACK-A-MOLE?

FROM THE TANK: SHOULD YOU EVER WHACK-A-MOLE?

A FAST-PACED game of whack-a-mole often evolves as a business begins to scale up.

Based on my past experience with Greencross (ASX: GXL) and my work these days on a number of companies including Shark Tank startups, it seems the faster you grow, the more chaos occurs.

For the unacquainted, whack-a-mole is the game you sometimes play as lit...

Read More...
FROM THE TANK: HOW I PICK TECH COMPANIES

FROM THE TANK: HOW I PICK TECH COMPANIES

JAMIE Pherous, the founder of Corporate Travel Management (market cap $1.4 billion) said it well at the Brisbane Business News breakfast last week: "Business is simple, don't overcomplicate. Learn the rules of the game and play hard". 

Business is a little like a game of rugby, where you pass the ball backwards an...

Read More...
HAGGLING BUSINESS LAUNCHES ONLINE

HAGGLING BUSINESS LAUNCHES ONLINE

HAGGLING has just entered the 21st century. 

A Melbourne e-commerce business has developed 'live negotiating technology' and launched a suite of real time haggling websites.

Haggle'n'Handshake's 'Haggler' platforms which include health and wine marketplaces let sellers and customers negotiate directly on pr...

Read More...
FROM THE TANK: TO IPO OR NOT TO IPO?

FROM THE TANK: TO IPO OR NOT TO IPO?

IT ALWAYS intrigues me that nirvana for entrepreneurs seems to be the big IPO that's supposed to deliver oodles of cash.

An IPO is a complex exercise that includes months of preparation, due diligence and the construction of a conscientious prospectus that states a clear reason for listing and how the funds will be used. Cashing out ...

Read More...
ROLLD DEVELOPS AN APPETITE FOR EXPANSION

ROLLD DEVELOPS AN APPETITE FOR EXPANSION

BAO Hoang has an appetite for growth that's taken his rice paper roll empire across Australia and soon the Philippines. The former physiotherapist teamed up with banker Ray Esquieres to remodel an Italian café and take his mum's cooking to the masses. The friends enlisted Hoang's cousin Tin Ly to bring hospitality e...

Read More...
COLD ROCK KING PICKS UP HEALTHY HABITS

COLD ROCK KING PICKS UP HEALTHY HABITS

MELBOURNE hospitality group Franchised Food Company, the crew behind Cold Rock and Mr Whippy, has acquired Healthy Habits.

Franchised Food Company picked up Healthy Habits from Dymocks Group.

Stan Gordon, founder and CEO of Franchised Food Company, says this marks a new era for his business which specialises in the 'fun treats market...

Read More...
FROM THE TANK: DIVING INTO POLITICS

FROM THE TANK: DIVING INTO POLITICS

A DECADE ago I faced an important career decision which could have changed the course of my life. 

Option one, pack our bags and head to Brisbane to head up Greencross as we finalised plans to list on the ASX. Option two, seek endorsement by a political party to run for State or Federal Government in the local Townsville area. Lisa, my w...

Read More...
FROM THE TANK: PEOPLE MATTER MOST

FROM THE TANK: PEOPLE MATTER MOST

WHAT am I looking for on Shark Tank? In actual fact, I am looking for 'who' rather than 'what'.

The product or service has to be market relevant but I am more interested in the capability of the entrepreneur. Exceptional entrepreneurs take companies on exceptional journeys and I am looking for people who I want to work wi...

Read More...
BEAUTY QUEEN EYES CHINA

BEAUTY QUEEN EYES CHINA

NOW turning over around $15 million, Adore Beauty founder Kate Morris still vividly remembers Vogue and the big brands laughing at her plans to launch an online-only Australian beauty store.

Melbourne-based Morris expects a turnover of between $15 to $16 million this financial year, up 70 per cent from last year.

This figure will ...

Read More...
INGOGO BEATS UBER TO FIXED FARES

INGOGO BEATS UBER TO FIXED FARES

IF price is stopping you, taxis will switch to fixed fares as of today thanks to fintech innovator ingogo.

The system available in Melbourne, Sydney, Brisbane, Perth and Adelaide is doing away with traditional metered fares, letting customers book fixed fare cabs from today.

It will be the first Australian taxi booking service and a...

Read More...
TOP STARTUP ACCELERATOR LURED DOWN UNDER

TOP STARTUP ACCELERATOR LURED DOWN UNDER

ONE of the world's top startup accelerators is heading to Australia to help local startup entrepreneurs expand and grow their businesses. MassChallenge has partnered with the Australian Government and Microsoft Australia to strengthen the nation's startup ecosystem through idea-pitching competitions, startup boot camps and local a...

Read More...
APPARITION TAKES STREET ART TO A NEW LEVEL

APPARITION TAKES STREET ART TO A NEW LEVEL

A MELBOURNE-based street art marketing group has designs on Sydney to replicate the success that has snared several global brands as clients. Apparition Media combines art with advertising to produce hand-painted murals that become part of the city's urban landscape. Former media sales manager Tyson Hunter stumbled upon the concep...

Read More...
SOCIAL ENTERPRISE SCHOOL ROLLS INTO BRISBANE AND SYDNEY

SOCIAL ENTERPRISE SCHOOL ROLLS INTO BRISBANE AND SYDNEY

THE Difference Incubator (TDi) is scouting for startups from Brisbane and Sydney with a social or environmental edge when it hits the road next month. The Melbourne-based incubator will select up to 10 social enterprises from each city to participate in Two Feet, a program designed to help emerging businesses grow and become more investab...

Read More...
STRANGE PHONE CALL THAT FIRED UP AN ENTREPRENEUR

STRANGE PHONE CALL THAT FIRED UP AN ENTREPRENEUR

HOLLY Ransom recalls a 'really strange phone call' in 2013 from then Prime Minister Tony Abbott.

The 26-year-old social entrepreneur was asked to lead the G20 Youth Summit.

At that time, Ransom never could have pictured one year later she would be challenging political and business leaders at a table which seated the likes o...

Read More...
DR SICKNOTE GIVES A DOSE TO 'SICKIE' SKEPTICS

DR SICKNOTE GIVES A DOSE TO 'SICKIE' SKEPTICS

WHEN news of Dr Sicknote first hit the media late last year, Australians immediately branded the online medical certificate issuer as the next best way to 'chuck a sickie.' Despite this, creator Dr Sachin Patel has powered through the criticism to produce a business model that promotes a swifter return to work than the average GP-...

Read More...
WINE STARTUP SIPS ON $25 MILLION SEED CAPITAL

WINE STARTUP SIPS ON $25 MILLION SEED CAPITAL

MELBOURNE wine startup Vinomofo has completed its first capital raise at A$25 million backed entirely by Blue Sky Venture Capital.

The raise coincides with the company's fifth year in business and the roll out of a business 'lite' model offer into six new markets including New Zealand, USA, UK, Singapore, Hong Kong and China.

L...

Read More...
THREE EDU-SOCIAL ENTERPRISES TO WATCH IN 2016

THREE EDU-SOCIAL ENTERPRISES TO WATCH IN 2016

IPADS, stationery, books and even varsity jackets - these young Aussie social enterprises founded by young entrepreneurs have kids covered.

Fiftysix Academy, Words With Heart and PVBS are focused on keeping kids in school in places such as remote Australia and Africa.

They're young and know what needs to be done. Fiftysix Ac...

Read More...
FRANCHISED FOOD COMPANY WHIPS UP AUSSIE RETAIL

FRANCHISED FOOD COMPANY WHIPS UP AUSSIE RETAIL

MR WHIPPY is making a comeback on a tuk-tuk as Franchised Food Company increasingly looks to the theatrical side of food retail to lure a hotly contested customer. 

Franchised Food Company is Australia's biggest multi-brand franchisor with more than 130 stores across six brands internationally.

None are more famous than sof...

Read More...
$10 MILLION FUND SEEKS AUSSIE STARTUPS WITH 'SIGNAL'

$10 MILLION FUND SEEKS AUSSIE STARTUPS WITH 'SIGNAL'

A NEW early stage $10 million Australian venture capital fund is going where few have before on our shores and seeking signal deep in the startup trenches. 

Backed by support from prominent early stage American investors, the appropriately named Signal Ventures has launched in Melbourne.

Signal Ventures is the brainchild of two...

Read More...
THIS STARTUP REALLY IS THE UBER OF FOOD

THIS STARTUP REALLY IS THE UBER OF FOOD

EVERYONE claims it, but Melbourne startup Neighbour Flavour actually takes the cake as being the Uber of food that Aussies have been waiting for.

Co-founder Kimberly Teo (pictured left) tells Business News Australia that Melbourne's home-grown foodie culture inspired her to launch Neighbour Flavour which brings together 'hungry n...

Read More...
SUPERHEROES TURN GIRLS INTO TECHIES

SUPERHEROES TURN GIRLS INTO TECHIES

TECH Girls Movement and Diverse City Careers are banking on the trusty superhero to push kids into STEM careers and Google is backing their idea.

The female-founded organisations have been working hard solo to come up with innovative ways to skyrocket women through science, technology, engineering, mathematics and other ICT careers.

...

Read More...
TECHIES: 'STOP CREATING FOR THE TOP 5 PER CENT'

TECHIES: 'STOP CREATING FOR THE TOP 5 PER CENT'

WE need to return to the old internet if humanity has any chance, according to American tech veterans Anil Dash and Mike Monteiro, who give businesses a couple of tips on how to do so.

Dash (pictured right) says he feels a 'deep grief' mourning the internet of just 10 years ago which in his view was a more amicable place.

Th...

Read More...
GIFTED WISDOM FOR ENTREPRENEURS

GIFTED WISDOM FOR ENTREPRENEURS

'KEEP GOING' is the advice Bockers and Pony's Leonie Henzell wants to give fellow entrepreneurs who are 10 years into their journey and feeling like they just haven't really 'cracked it'.

The Melbourne-based founder of the gift box delivery business says it took that long for her business to really build up moment...

Read More...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter