Should your business aim for profits or growth?

In the early stages of your business, you need to invest in growth. But long-term, you need to be profitable. So, what should be your priority? Here are three top tips. BY MARC PESKETT.

If I were to start over

Every entrepreneur makes mistakes, but the best ones learn from them. Four start-ups that launched in 2011 tell us what hindsight has taught them. BY NINA HENDY.

feature-tresure-hunt2

The global start-up treasure hunt

With Australian venture capital drying up, start-ups are increasingly looking overseas to secure funding. But how can you do the same? We speak to some leading entrepreneurs to find out. BY LEON GETTLER.

my-best-mistake-aicken

Redefining the concept of loyalty

Dave Aicken, founder of marketing firm Centryc Solutions, thought he was onto a winner with his mobile-based loyalty scheme. But he realised, post-launch, that the product was badly flawed. BY MICHELLE HAMMOND.

feature-pros-cons

Five reasons to start-up in 2012 – and five reasons to think twice

New figures show that start-up numbers have hit a record low in Australia. So, is now a good time to launch a business, or should you wait until conditions improve? BY OLIVER MILMAN.


The Start-up Mindset

Give yourself a fighting chance
If you are going to launch a start-up, you need to be prepared to stand up and fight for it. Here's how it's done. BY JASON ROSE.

Start-up Profiles

Soundbooka
Sydney-based start-up Soundbooka, led by Bondi businessman Christopher Blann, is aiming for 1,000 bookings per week, as it seeks to make its voice heard in the music scene.

Start-up Idea

News image

Nissan scratches the surface with iPhone innovation

Nissan is the unlikely creator of world’s first “self-healing” iPhone case, which can quickly repair itself when scratched.

News

The NSW Government has thrown its support behind tech entrepreneurs wishing to crack the US market, helping start-ups cover the cost of living and working at Startup House in San Francisco.
Apple has issued a warning to developers who artificially inflate the ranking of their apps, after a whistle-blower exposed the practice.
Start-ups are being encouraged to adopt some simple tactics when entering new markets, following the arrival in NSW of two overseas technology companies.
A tourism lobby group has renewed calls for the government to create more incentive for entrepreneurs to invest in tourist facilities, amidst the high local dollar and a $7.2 billion deficit.
Australia’s interactive games industry remains buoyant as local developers lead the way, industry groups say, despite a dip in “traditional retail” computer and video games sales during 2011.

Taskmaster

Fire a product
In a small business, you can’t afford to carry dead weight. Hire slow, fire fast when it comes to staff and launch slow, fire fast when it comes to products.

Tech Tricks

Create filters in Gmail
Sometimes, you need to create filters to make sure unwanted messages don’t clog your inbox.

Mentors

Craig Yeung

How should I structure my business to make it attractive for a buyer?


The simpler the structure and the more organised your documentation is, the easier and more attractive it will be for the buyer, all other things being equal.


Community

Most Active groups

Latest discussions


Startup TV

watch and learn

Sh-t that tech entrepreneurs say


Hang around tech start-ups for long enough and you will be able to speak their language. For beginners, however, this guide is quite handy. Just remember to “pivot” at some point.

Previously


Sh-t that tech entrepreneurs say

Invalid Input
 

Follow us

StartupSmart on Twitter StartupSmart on Facebook StartupSmart on LinkedIn

Subscribe to StartupSmart RSS feeds

Events


Sponsored Links

Our Partners

  • Bathurst’s Citigate Mount Panorama sold to Avi Rubinstein-Andrew Schwartz consortium in RBS sell-off
  • Residential buyer activity picking up in south-east Queensland: Stockland
  • Gold Coast property market turning around strongly as stock levels fall: Andrew Bell
  • Vendors must hop to it to secure Easter auctions in spite of the weather
  • Arts guru Simon Mordant lists redundant Darling Point penthouse: Title Tattle