Unlocking "unprofitable beasts" and why they need more patient capital

Unlocking "unprofitable beasts" and why they need more patient capital

Companies are staying private for longer than ever before with abundant capital on offer, but the flipside is that sizeable global funds are entering the Australian market earlier to make their mark on the startup community. Meanwhile, local public equity funds are often unable to do the same due to mandates that don't allow investmen...

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Top 25 Australian startups revealed

Top 25 Australian startups revealed

With a wealth of data at their fingertips, LinkedIn has released its list of "the most sought after startups in Australia", and it's certainly a prestigious list. To be eligible for for the list, compnaies must be seven years old or younger, have at least 50 employees, and be privately held and headquatered in Australia. ...

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Saturated market? Opportunities abound, just ask former Swisse boss Radek Sali

Saturated market? Opportunities abound, just ask former Swisse boss Radek Sali

It has now been almost three years since vitamins company Swisse Wellness was sold for $1.67 billion to a Hong Kong company, giving entrepreneur Radek Sali a healthy supplement of around $250 million from the sale. It's enough money to make time the Australian businessman's most precious asset as he looks for new opportunities thr...

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Unbound's Ideas Summit a startup conference with a twist

Unbound's Ideas Summit a startup conference with a twist

From solar powered tuk-tuk networking sessions to Colombian dancing performances, Unbound's Ideas Summit promises to be nothing like your normal entrepreneurs conference. To be held on Monday 20 August at RMIT University, Unbound's latest concoction supported by funding from LaunchVic is an educational event aiming to improve acce...

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Young Entrepreneurs seizing business opportunity of the year

Young Entrepreneurs seizing business opportunity of the year

The Young Entrepreneur Awards will celebrate a milestone occasion as it kick-starts the 2018 Young Entrepreneur Awards, marking a decade of success for what has become one of Australia's most prestigious business accolades. Officially launched in 2008 in Queensland with a mission to find and recognise young business talent in Australi...

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How James Spenceley decides on what startups to invest in

How James Spenceley decides on what startups to invest in

His Midas touch has launched Vocus Group into a listed company and transformed Airtasker from a startup to a national phenomenon, but how does James Spenceley decide on what to invest in? Spenceley's latest investment is a $1 million injection into Integrated Green Energy Solutions (ASX: IGE) as they ramp up production of their eco-fr...

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Eco-friendly startups take centre stage on Shark Tank this season

Eco-friendly startups take centre stage on Shark Tank this season

If there was a single key theme running through this year's season of Shark Tank it would be a sharp focus on businesses that are doing something good for the environment. This year we've seen entrepreneurs pitching eco-friendly nappies, and just last night, a green alternative to storing vegetables in the crisper. The Sharks ...

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Airwallex primed for North American expansion after $108m fundraising

Airwallex primed for North American expansion after $108m fundraising

Melbourne based tech company Airwallex is primed for a push into the North American market following a US$80 million (AUD$108 million) raise from venture capital investment. The $108 million series B raise brings their total fundraising to US$102 million, allowing the group to consolidate its efforts in pushing the Airwallex brand to the ...

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Meet the duo crushing sales stereotypes, redefining a global industry

Meet the duo crushing sales stereotypes, redefining a global industry

When people hear the word 'sales', they're inclined to think of cheesy people in fancy suits with the 'gift of the gab' that will do just about anything to push a product. Whether warranted or not, there is a certain stigma attached to salespeople who have been tempered by decades of high-pressure sales tactics, told t...

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How to take risks and be a brilliant CEO

How to take risks and be a brilliant CEO

In August 1987, my father, a small business entrepreneur, arrived home after work, and announced that we were moving to Australia. This announcement served as my first exposure to risk management from an entrepreneur's perspective. My father was regarded as crazy for uprooting the family and leaving apartheid South Africa Why put ...

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Matt Blatt co-founder Deborah Drexler on the best risks her company ever took

Matt Blatt co-founder Deborah Drexler on the best risks her company ever took

Matt Blatt: the name on the lips of every interior designer from Cairns to Hobart. Over the last decade, Matt Blatt has gone from a humble store on eBay to one of the coolest retailers in the country. Co-founder of Matt Blatt, Deborah Drexler, has certainly learnt a thing or two about how to succeed in the Australian market in her years b...

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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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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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How the CEO of Melbourne's Blockchain Centre is taking the revolutionary tech mainstream

How the CEO of Melbourne's Blockchain Centre is taking the revolutionary tech mainstream

Though it might seem like blockchain is dominating the conversations you have with tech enthusiasts around you, the game-changing online infrastructure is still in its infancy. Companies like CoinStop and DigitalX are dominating the Australian scene at the moment, however the first true blockchain 'unicorn' is yet to reveal itself...

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The entrepreneur turning tragedy around, one milk bottle at a time

The entrepreneur turning tragedy around, one milk bottle at a time

For many entrepreneurs, the stories which led them to founding their own successful ventures are incredibly personal. Some want to create a solution to a problem only they can see, and others spend weeks searching for a particular product only to realise they can just invent it themselves. For Sallie Jones, the founder of Gippsland Je...

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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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Influencing the world is all in a day's work for this young entrepreneur

Influencing the world is all in a day's work for this young entrepreneur

Ever wondered how those beautiful people on Instagram score major deals with Australia's biggest brands? Well, meet Genevieve Day, the woman who transforms fledgling social media accounts into booming businesses. At just 26 years old, Day runs her own marketing business called Day Management. Unlike traditional marketing firms, Day...

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How the founders of Sneaker Laundry are cashing in on the 'hype economy'

How the founders of Sneaker Laundry are cashing in on the 'hype economy'

Forget supply and demand, the economy of sneakers is all about hype.  Whether it's the new Nikes, the latest Adidas or obscure luxury labels, the sneaker economy is in its prime, especially in fashion forward cities like Melbourne. In addition to being a hub of startup activity, Melbourne is also widely considered to be the f...

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Coconut vodka and coffee scrub entrepreneur spills the beans on viral success

Coconut vodka and coffee scrub entrepreneur spills the beans on viral success

If you haven't heard of Hamish Buckley (pictured), chances are you've heard of his products. Buckley is the man behind wildly popular Aussie brands like Bean Body, Coco Vodka, and Mr Bright. Three brands which have tamed the social media beast to generate huge business. Buckley never intended to create viral and 'totally Insta...

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How Sabri Suby built King Kong into one of Melbourne's fastest growing digital marketing agencies

How Sabri Suby built King Kong into one of Melbourne's fastest growing digital marketing agencies

Like many entrepreneurial efforts, Sabri Suby's digital marketing agency, King Kong, was created in a bedroom. With zero capital and no connections, Suby started cold calling one day in an attempt to get the ball rolling on what he believed could be a massive operation. His dream wasn't without prior experience. Suby got ...

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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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How the founder of KX Pilates disrupted the fitness industry

How the founder of KX Pilates disrupted the fitness industry

Aaron Smith was just 26 when he returned from London with an idea to transform the fitness industry. Living and working abroad as a personal trainer and sports scientist, Smith discovered dynamic pilates in London and immediately knew he wanted to bring the style back to Australia. In 2010, Smith founded the KX Group by establishing t...

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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 founder of Impress!ve on how to build a thriving business in under two years

The founder of Impress!ve on how to build a thriving business in under two years

Robert Tadros founded Melbourne-based digital marketing agency Impress!ve just under two years ago. Now, it is a thriving company, with annual turnover forecast at $3.5 million and a team of 17 talented employees. Tadros' quick rise to success boasting clients including Misha Collection, digiDIRECT, And Chill, XBlades and Schiavello, ...

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Turning online marketplaces into global businesses

Turning online marketplaces into global businesses

Online marketplaces which connect buyers and sellers are more than just a startup scene in Victoria - they're well and truly big business these days. According to LaunchVic, Victoria's leading startup ecosystem development agency, online marketplace startups founded in the state contribute around $1.6 billion in profit. Additi...

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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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Hub Australia founder on the future of work-spaces and his nation-wide expansion plans

Hub Australia founder on the future of work-spaces and his nation-wide expansion plans

Coworking, we're told, is the future of work. As technology gets better, Internet speeds get faster, and communication methods simpler, the concept of the 9 to 5 office space becomes increasingly obsolete. And it's not just the simplicity of a coworking space that's attractive to employees. Flexible workplaces are high on the ...

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From the garage to the kennel - how Ka-Pooch! found its paws

From the garage to the kennel - how Ka-Pooch! found its paws

Just seven years ago Ka-Pooch!, a leading Melbourne dog day-care centre, was being operated in founder Sam Mendelson's garage. Now, the trusted brand is expanding to its third Melbourne location, and Mendelson has his sights set on the rest of Australia. But as is the case with most entrepreneurs, getting to this position wasn'...

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Playing to your strength: how Michael Ramsey built an international fitness brand

Playing to your strength: how Michael Ramsey built an international fitness brand

Uninspired by a career in the oil & gas industry, Michael Ramsey decided to pursue his dreams. Having previously worked as a personal trainer, the fitness industry fit Ramsey like a boxing glove. With his mind made up, Ramsey resigned from his career as a marketing manager, opened his first F45 Studio, and hasn't looked back. ...

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