Growth

Growth

Growth advice, news and tips from Australia's best business start-up mentors and journalists. StartupSmart's growth section features information and advice for business start-ups and people looking to start a business.

Advice What are the pros and cons of being a young entrepreneur?

Entrepreneurs come in all shapes, sizes and ages, but young entrepreneurs face their own challenges.

Advice How do I start up while at university?

Starting a business while studying at university can be a great way to test what you learn in the classroom in a real-world environment.

Advice How do I commercialise a new product?

The process of commercialising a new product or idea is a long and potentially difficult one. Entrepreneurs generally requite patience, support and money to see an idea through to market.

Advice Who can help me innovate within my business?

When you are trying to generate ideas, it is well worth bringing as many people into the process as possible.

Advice How can I fund further research and development?

Innovation does require capital, and it needs to be patient capital at that – the pay-off for R&D can be a long time coming.

News Jayride.com raises $400k from local investors

Land travel marketplace Jayride.com has secured $400,000 in funding from local investors, including angel investor Andrey Shirben, as it prepares to crack the UK market.

Article Employee Matters

Employee Matters founder Natasha Hawker launched her HR consultancy despite having three young children and an unemployed husband. Will the venture overcome these hurdles?

News University of Queensland start-up in the running for a US$200k prize

A start-up based at the University of Queensland has been named as a finalist in the $US200,000 Imagine H20 prize for water start-ups, run by US-based non-profit group Imagine H2O.

News Former Google employees unveil a new start-up named Fluent

Three former Google employees have unveiled a new start-up named Fluent, which aims to change the way people use email, after becoming frustrated with Google’s US-centric mindset.

News AngelCube graduate start-up Goodfil.ms raises $150k

AngelCube graduate Goodfil.ms has raised $150,000 from a host of investors sourced through Aurelius Digital and AngelCube itself, but hasn’t ruled out looking overseas for further funding.

News AngelCube incubator to double intake for next start-up round

AngelCube, the Melbourne-based incubator, will open applications for its second round of start-ups tomorrow, increasing its intake to eight teams, with a special interest in marketplace concepts and software-as-a-service.

News Adelaide start-up Thereitis.com scores $2 million investment to fuel global expansion

Thereitis.com, an Adelaide-based tech start-up, has secured $2 million in angel funding from local investors, as the business gears up for rapid expansion across the globe.

News Ready Steady Go Kids expands – here are three other emerging parenting businesses

Children’s fitness franchise Ready Steady Go Kids says it wants to establish 100 locations, highlighting the growth of services that tap into the increasingly common trend of outsourced parenting.

Features Striking it rich

In 2002, Michael Schreiber opened the first Strike Bowling Bar. Since then, Strike has grown into a $30 million revenue business employing more than 300 staff. This is how Schreiber bowled his competition over. BY MICHELLE HAMMOND.

News New Sydney co-working hub WhatSpace aims for boutique appeal

A new Sydney co-working space for creative start-ups will focus on “collaborative creative working”, the founder says, but will accommodate no more than 20 members as it seeks to maintain a level of intimacy.

News Groupon embarks on mobile start-up shopping spree

Groupon has acquired two US-based mobile start-ups as it hones in on the mobile market, hot on the heels of new data that shows the mobile, social and deals categories led private tech investments in 2011.

News Perth start-up Floq aims to hit the Valley

Floq, a Perth-based start-up, is aiming to secure funding from the US for its app, which allows people to collect feedback about their teams, products and companies.

Article The Kind Cleaner

Describing himself as Adelaide’s only truly green cleaner, Paul Goodsell takes his eco-warrior role very seriously.

News Blue Tongue founders launch new game studio Twiitch

The founders of Blue Tongue Entertainment have formed a new Melbourne-based games company, Twiitch, and are preparing for the launch of their first game in March.

Features The dangers of committing to a big partnership

John Kelly from Atomo Diagnostics thought he had a financial backer, until they were taken over. This is how he saved his business. BY MICHELLE HAMMOND.

News Don’t stereotype gay consumers, advertisers warned

Start-ups have been urged to ensure advertising aimed at LGBT (lesbian, gay, bisexual and transgender) consumers is subtle and avoids stereotypes, following calls from a senior ad man for greater business focus on the community.

News US start-up uses crowdfunding to open 30 stores in one day

A US-based start-up is planning to open thirty stores on the same date and at the same time, using crowdfunding to finance the rapid expansion, suggesting start-ups here can do the same.

News Billabong to cut 150 stores and 400 staff to fend off $765 million private equity offer

Under-pressure surfwear chain Billabong International has emerged from a trading halt to play hardball on a private equity offer and deliver a wide-ranging plan to cut costs.

Start-up TV The accidental entrepreneurs

Innovation often starts from the desire to create value, rather than extracting it, as this wonderfully-illustrated video explains.

News “Conservative” investors blamed for Aussie start-ups’ funding woes

Australian start-ups suffer from a conservative approach by investors, rather than a lack of funds, industry experts have claimed, as they prepare to speak at the National Angel Conference.

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