{"id":34339,"date":"2023-10-20T14:33:23","date_gmt":"2023-10-20T14:33:23","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/mycube-australia-startupsmart\/"},"modified":"2023-10-20T14:33:23","modified_gmt":"2023-10-20T14:33:23","slug":"mycube-australia-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/mycube-australia-startupsmart\/","title":{"rendered":"myCube Australia – StartupSmart"},"content":{"rendered":"
\"Stanley<\/div>\n
Founders:<\/span><\/strong> Stanley Hsu<\/div>\n
Revenue:<\/span><\/strong> $1.22 million<\/div>\n
Started:<\/span><\/strong> 2010<\/div>\n
Head Office:<\/span><\/strong> Queensland<\/div>\n
Employees:<\/span><\/strong> 15<\/div>\n
Industry:<\/span><\/strong> Retail trade<\/div>\n
Website:<\/span><\/strong> www.mycubeshop.com.au<\/a><\/div>\n
\"Stanley<\/div>\n
Stanley Hsu<\/div>\n

myCube is Australia\u2019s first mini-retailing concept, allowing first-time entrepreneurs to begin trading on a low-cost, low-risk platform.<\/p>\n

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The myCube concept is a store consisting of hundreds of \u201ccubes\u201d, each one displaying a range of innovative products. It won Best Start-up Idea at the 2012 StartupSmart Awards.<\/p>\n

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\u201cAll these cubes are mini shop fronts for entrepreneurs who use them as a platform to start their first retail business at premium retail real estate,\u201d Hsu says.<\/p>\n

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\u201cWe opened our first concept at Sunnybank Plaza in July 2010 with only 11 tenants. Now we have approximately 80 tenants trading within.<\/p>\n

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\u201cOur concept store has now become a honey pot for shoppers within the little shopping centre, averaging 600 to 1,500 visitors a day.<\/p>\n

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\u201cWe give ordinary people an opportunity to try their hand in entrepreneurship in the current environment, where it is almost impossible to do.\u201d<\/p>\n

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A former physiotherapist, Hsu says he initially struggled to get into a business mindset.<\/p>\n

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\u201cEven though I was motivated to do business at the time, my personality belonged to a \u2018true\u2019 physiotherapist,\u201d he says.<\/p>\n

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\u201cPhysiotherapist attributes, in general, lack essential business commonsense.<\/p>\n

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\u201cOther challenges I have faced would be ones which are commonly known to entrepreneurs in this country: high rent, high human resource costs and high levels of government red tape.\u201d<\/p>\n

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However, Hsu doesn\u2019t believe in the phrase \u201cbiting off more than you can chew\u201d.<\/p>\n

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\u201cI bite it all off and then I chew like hell,\u201d he says.<\/p>\n

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\u201cThe best part of starting my own business is that I can help people the way I wanted to help.<\/p>\n

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\u201cWith my own business, I have the certainty of knowing that my customers will be permanently benefited from the businesses I have built.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Founders: Stanley Hsu Revenue: $1.22 million Started: 2010 Head Office: Queensland Employees: 15 Industry: Retail trade Website: www.mycubeshop.com.au Stanley Hsu<\/p>\n","protected":false},"author":2,"featured_media":62376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/34339"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=34339"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/34339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/62376"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=34339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=34339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=34339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}