How I did it
The co-founder of Perth-based start-up Floq is hoping to raise up to $1 million from US investors after being selected as one of 25 start-ups for this year’s Advance Innovation Program.
Kitchenware and cookware retailer Matchbox has been named the Australian winner of the 2012 Global Innovation Award, recognised for its design and franchising model.
Forbes has welcomed a number of notable newcomers to its World’s Billionaires list, including the founders of fashion brands Diesel and Tory Burch, and China’s version of Steve Jobs.
Mick Liubinskas has highlighted the trials and tribulations of Pollenizer, including how it turned Spreets into a $40 million company, as the online venture builder celebrates its fifth birthday.
The average age of companies that the owners sell at more than $1 billion is seven years, according to US venture capitalist Jacob Mullins, who has revealed the common characteristics of $1 billion consumer tech companies.
Everyday annoyances can be great places to find inspiration for a new business. Here are five great examples of start-ups that are cashing in by solving common problems. BY OLIVER MILMAN.
Serial entrepreneur Ruwan Weerasooriya has highlighted the challenges of adopting a lean start-up model in his latest start-up Rewardle, after selling another start-up to oOh!media last year.
PayPal co-founder Max Levchin is launching a new mobile payments start-up called Affirm, the first project to come out of Levchin’s San Francisco tech incubator.
A South Australian manufacturer of ultrasound devices has announced a global distribution partnership with a Japanese company, two years after receiving a $1.9 million government grant.
Australian car-cleaning franchise Nanotek is expanding into the Czech Republic, Slovakia and Austria, with founder Jim Cornish attributing the move to the region’s “entrepreneurial spirit”.
The co-founder of Facebook-owned photo-sharing platform Instagram has outlined key reasons for the company’s success, after hitting 100 million users since its launch in October 2010.
Gourmet biscuit producer Byron Bay Cookies intends to go global with its franchising model, after establishing six Australian stores, and is looking for franchisees to fuel its expansion.
Australian start-ups 7Write and Revirda will be put through their paces when they arrive in Amsterdam this week, after being chosen as two of 15 finalists for Startupbootcamp Amsterdam.
The US-founded Startup Grind event series continues to grow in Australia, with the Sydney and Melbourne chapters set to host the founders of Atlassian and Zendesk respectively.
Young entrepreneurs are being encouraged to enter a Subway competition in which they build, operate and promote a virtual restaurant for the chance to win an all-expenses paid trip to the US.
A number of new start-ups have likened themselves to US-based company Airbnb, the leader in travel rentals, which has booked more than 10 million nights of accommodation worldwide.
Online beauty retailer Lust Have It has outlined three distinct models of subscription commerce after revealing its subscriptions have grown more than 1000% over the past year.
The country director of US-based eCommerce website Etsy has offered some insight into the company, and has outlined some key tips for online start-ups, as part of her Australian visit.
Australian musician Clare Bowditch will accelerate the development of her side project Big Hearted Business after smashing her $26,450 target on local crowdfunding platform Pozible.
Forbes Asia’s annual list of the richest Australians is littered with mining magnates, including Gina Rinehart in the top spot, but it also features a strong contingent of entrepreneurs who have made their fortunes in other fields.