Gold Coast training and recruitment company gets three Shark Tank 'bites'

Gold Coast training and recruitment company gets three Shark Tank 'bites'

The founders of a Gold Coast training and recruitment company have scored a Shark Tank first by securing investment from three of the sharks in a deal which values their business at $625,000. Jack Corbett and Ryan Tuckwood, founders of ISR Training, jumped into Network Ten's Shark Tank Australia hoping to get internet pioneer and Shar...

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Know your numbers or you're in deep trouble: Shark Tank's Janine Allis on startup mistakes

Know your numbers or you're in deep trouble: Shark Tank's Janine Allis on startup mistakes

She's a former backpacker who once worked on David Bowie's yacht and if you went back in time to before 2000 and asked Janine Allis whether she'd one day be in charge of a multi-million dollar international business and the young Janine would have probably told you to lay off the alternative substances. The Boost Juice founder...

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NYC venture capitalist on what's really killing Aussie startups

NYC venture capitalist on what's really killing Aussie startups

As technology continues to scale and artificial intelligence (AI) becomes smarter and more autonomous, the question on everyone's lips is 'will AI ever run me out of business?' Jacqueline Garavente doesn't think so. As a prominent venture capitalist at Union Square Ventures (USV) in New York, Garavente knows more about...

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How technology is turning 'crappy' businesses into gold

How technology is turning 'crappy' businesses into gold

VENTURE capitalists may have previously considered them 'crappy' businesses not worth a second look, but according to Silicon Valley's sharpest investor Steve Jurvetson the technological revolution is changing that. Jurvetson, the co-founder of the $US6 billion venture capital group Draper Fisher Jurvetson and board member of ...

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Entrepreneurial millennials rate Australia low on startup ecosystem

Entrepreneurial millennials rate Australia low on startup ecosystem

Entrepreneurial millennials around the world do not rate Australian cities as being the right places to begin a startup with only Sydney sneaking into the top 20 of a major survey. Not surprisingly, San Francisco and New York City were rated the top two cities for entrepreneurial millennials based on their business ecosystem while Kuala L...

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Steve Baxter looking to sell River City Labs, according to reports

Steve Baxter looking to sell River City Labs, according to reports

Queensland's chief entrepreneur and 'Shark Tank' star Steve Baxter is reportedly looking to sell River City Labs, the Brisbane startup hub which he founded seven years ago. It's believed the reason behind the sale is not a financial one and that he believes River City Labs, which mentors young entrepreneurs in a co-working...

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'Can you see me now arsehole?': the question that inspired a booming business

'Can you see me now arsehole?': the question that inspired a booming business

Nathan Ford isn't your average entrepreneur. From running a bar in the heart of Nepal to establishing a string of IT startups back home, you'd be hard pressed to find a man with a more eclectic resume. While Ford's business interests may have changed over time, his love for motorcycles has remained constant, making his dec...

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The biggest mistakes an entrepreneur can make, and how to avoid them

The biggest mistakes an entrepreneur can make, and how to avoid them

I am often asked by entrepreneurs, "how much profit should my business be making?" My answer is always the same: It depends. It depends because I don't know how much money is invested in the business in the first place. The amount of capital invested has a significant influence on how much profit is enough. Unfortunatel...

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Influential CEO breaks down the big issues facing businesses worldwide

Influential CEO breaks down the big issues facing businesses worldwide

Kay Koplovitz, one of America's most successful business people, is in the country to help grow the innovative ideas of Australia's entrepreneurs. It's little wonder bright minds flock to Koplovitz for advice, as her CV boasts a string of the highest profile roles. In 1997, she founded the USA Network as an all sports service ...

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Don't pretend: SafetyCulture's Luke Anear on how not to impress venture capitalists

Don't pretend: SafetyCulture's Luke Anear on how not to impress venture capitalists

He's a former private investigator who built an international multi-million dollar business from a suburban garage in Townsville, and Luke Anear admits he should have known better when trying to impress on his first meeting with a venture capital investor. His company, SafetyCulture, had just developed its first app and the concept at...

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If you want to be "innovative," you have to be committed to making a change

If you want to be "innovative," you have to be committed to making a change


It can be easy to gloss over the word "innovation". It has become an ultimate buzzword, rolling off the tongues of business commentators and professionals alike. While the word itself may be overused, academics at The University of Queensland (UQ) say it is possible to take what many may regard as a "vague concept&qu...

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The woman behind the international brand 'bringing orgasms to the world'

The woman behind the international brand 'bringing orgasms to the world'

Long before Eloise Monaghan was selling intimacy to the world as the founder of multi-national lingerie brand Honey Birdette, she drew inspiration from a poster slogan which was tacked to her bedroom wall. "Don't try and slay all the dragons at once." When the idea for Honey Birdette was first conceived over a glass of c...

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Medical startup wins marathon entrepreneur competition

Medical startup wins marathon entrepreneur competition

A shoe that can detect the development of Alzheimer's and dementia was the idea that won the QUT Creative Enterprise Australia (QUTCEA) Startup Weekend Creative Tech competition. Solus Health, the six person team behind the ingenious idea, beat out a record number of 46 pitches to be crowned the winning startup. The company, in th...

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The Brisbane entrepreneurs who cut through US red tape to develop medical devices

The Brisbane entrepreneurs who cut through US red tape to develop medical devices

A Brisbane medical innovation start-up is revolutionising medical product development in Australia and the US by creating their latest product from concept to US FDA approval at two and a half times faster and 65 times cheaper than the US average timeframe and cost to develop a medical device.

Orthopaedic innovation and devices company F...

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Scottish company BrewDog to set up Australian HQ in Brisbane

Scottish company BrewDog to set up Australian HQ in Brisbane

Scottish craft brewer, BrewDog, has announced its plans to build its Australian home on Brisbane's River with its state-of-the-art brewery and headquarters to be located at Murarrie. In July last year the company was deciding between Newcastle and Brisbane, but the Queensland capital came out on top. Brisbane's bid trump sever...

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Five blockchain companies to keep an eye on

Five blockchain companies to keep an eye on

It was the year of the blockchain, and midway through 2017 Bitcoin - the most popular of the many cryptocurrencies - skyrocketed in value. Those who bought the cryptocurrency in 2011 became very wealthy overnight. But Bitcoin is just one of many technologies that is successfully utilising blockchain technology to disrupt nearly every indu...

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Young Entrepreneur of the Year Steve Scanlan sells half of Recon

Young Entrepreneur of the Year Steve Scanlan sells half of Recon

Brisbane's Young Entrepreneur of the Year Steve Scanlan has sold 50 per cent of two of his businesses to one of Australia's leading listed workforce management companies.

People Infrastructure (ASX: PPE) paid Scanlan $2.8 million upfront in cash for 50 per cent of Recon Solutions and Recon Technology, along with $500,000 in PPE shares...

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Startup event to showcase Brisbane's driven female entrepreneurs

Startup event to showcase Brisbane's driven female entrepreneurs

A group of Brisbane's most ambitious female entrepreneurs is set to converge on River City Labs next month as the tech hub hosts its Women Startup Weekend (WSW) event from 9 to 11 February. This will be the second time River City Labs has hosted the event which is run in tandem with the Global Women Startup Weekend movement across 18 ...

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Screen Queensland announces new funding for video game developers but industry says problems persist

Screen Queensland announces new funding for video game developers but industry says problems persist

SCREEN Queensland, the Queensland Government's industry body for film and television, is expanding its programs into the realm of video games. From Thursday, Queensland game developers can apply for support from Screen Queensland's Game Development and Marketing Investment. The industry body is looking to sponsor game develope...

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Business sectors that will fly and fall in 2018

Business sectors that will fly and fall in 2018

THE wind and electricity generation industry is set for massive growth in 2018, while motor vehicle manufacturing is set for a major decline, according to analysis from business information specialists. Sectors which made the best use of emerging technologies like artificial intelligence and big data really took off, along with businesses...

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Six entrepreneurs who built their business on social media

Six entrepreneurs who built their business on social media

We've spoken to a tonne of incredible entrepreneurs who've built their business off the back of emerging technologies. Social media has quickly become the go-to place to become inspired with Instagram leading the charge thanks to its emphasis on image. We spoke to six entrepreneurs who owe their success to social media; whethe...

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Tech and startup entrepreneurs reveal their ultimate 2018 wishlist

Tech and startup entrepreneurs reveal their ultimate 2018 wishlist

A NEW YEAR is just around the corner, and with it comes the potential for savvy entrepreneurs to capitalise on a world of opportunity. Tech and startup industries are on a sharp rise in Australia, sectors which have matured exponentially throughout 2017. In this 2018 wishlist, Business News Australia shares insight from many of the co...

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STARTUP SECURES PARTNERSHIP WITH AUSTRALIA POST

STARTUP SECURES PARTNERSHIP WITH AUSTRALIA POST

MOBILE payment startup Sniip has announced a nation-wide partnership with Australia post to bring its disruptive tech to even more customers. The fintech will roll out the use of Sniip to enable Australia Post customers to pay bills using the Post BillPay barcode wherever they might be using their smartphone. Co-founder and CEO of Sni...

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EVERYTHING YOU NEED TO KNOW ABOUT EQUITY CROWD FUNDING

EVERYTHING YOU NEED TO KNOW ABOUT EQUITY CROWD FUNDING

CROWD funding has long been a darling of entrepreneurs, inventors, and creatives. Platforms like Kickstarter, Indiegogo, and even Patreon have launched the successful careers of a number of Australian change makers. By allowing interested patrons to donate money, sometimes in exchange for tokens of appreciation, these crowdfunding platforms ...

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SHARK TANK CASTING OPEN TO ENTREPRENEURS FOR 2018 SHOW

SHARK TANK CASTING OPEN TO ENTREPRENEURS FOR 2018 SHOW

CASTING is now underway for entrepreneurs to have their chance at pitching their business to the Sharks on Network Ten's critically acclaimed Shark Tank.

Season four of the show will return with five of Australia's most successful business people searching for the next big idea to turn into a profitable investment.

Shark Tan...

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BRISBANE'S KING OF SOLAR POWER REVEALS STARTUP JOURNEY

BRISBANE'S KING OF SOLAR POWER REVEALS STARTUP JOURNEY

WHEN Karl Brown decided to go out on a limb and start his own solar company he only had $2,500 to play with.

"It was all my wife would let me have," says Brown. Now he runs one of Queensland's largest privately owned solar companies, Instyle Solar. How did he do it? Brown says it's all down to changing your pers...

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TECH ENTREPRENEURS SHARE THEIR KEY LESSONS ON LISTING ON THE ASX: PART 3

TECH ENTREPRENEURS SHARE THEIR KEY LESSONS ON LISTING ON THE ASX: PART 3

OVER the past two months, 25 companies have listed on the ASX and the path to getting to this stage is not an easy one, as they will all testify.

In theory, the benefits of transitioning from a private company to a pubicly listed one provides an opportunity to scale and access capital through the marketing potential of being listed on th...

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TECH ENTREPRENEURS SHARE THEIR KEY LESSONS ON LISTING ON THE ASX: PART 2

TECH ENTREPRENEURS SHARE THEIR KEY LESSONS ON LISTING ON THE ASX: PART 2

LISTING on the ASX is a significant milestone in the progression of a company. It means your business is on an internationally recognised stock exchange which tells the market you're open for investment and keen to grow and expand, but of course with that comes the responsibility of complex compliance procedures and being beholden to shar...

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THE YOUNG ENTREPRENEUR WHO BEAT THE ODDS TO BECOME A MAJOR PLAYER IN AGRICULTURE

THE YOUNG ENTREPRENEUR WHO BEAT THE ODDS TO BECOME A MAJOR PLAYER IN AGRICULTURE

RESILIENCE is one of the most powerful tools in business and young entrepreneur Robert Trenchard is living proof of this.

Trenchard, the 35-year-old founder of Hydrox Technologies, bounced back from two major business killers beyond his control to become the major player in the Australian agricultural plastics market.

His story bega...

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TECH ENTREPRENEURS SHARE THEIR KEY LESSONS ON LISTING ON THE ASX: PART 1

TECH ENTREPRENEURS SHARE THEIR KEY LESSONS ON LISTING ON THE ASX: PART 1

IT is a key question which is asked by scale-up businesses looking to move to the next level - should we list on the ASX, or do we remain private and retain control of our own destiny?

The obvious benefit of listing on the ASX is that it puts a business in the enviable positition of being able to access capital through investors in Austr...

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