15 May 2017
Startups are hard. 92% fail. Stack the odds in your favour.
A startup is a business designed for high growth. The most comprehensive study to date, by the Startup Genome Report Extra on Premature Scaling assessed 3,200 high growth web/mobile startups. This study reports 92% failed within 3 years.
05 May 2017
Feed your creative creature with boredom, selfishness and feelings
We all have a creative creature hiding inside. However, her elusive nature means that accessing original work can often be difficult. So instead of following a recipe to creativity, lets explore some unconventional approaches: boredom, emotional intensity, selfishness, no goals and Luddism.
09 Dec 2016
Gaza Sky Geeks | Startups forged in a war-zone
Entrepreneurs in the Gaza Strip are side-stepping tough restrictions to follow their startup dreams, launching new online businesses targetting the Arab world, with the help of Gazas first startup accelerator, Gaza Sky Geeks (GSG). A war-zone is a difficult place to grow a startup, with limited fuel resulting in black-outs and lack of access to outside services, goods and capital.
15 Jun 2016
Co-working: Why you should ditch your home-office for a shared space
Being new to Melbourne, I decided to try out a few of the co-working spaces across town. Initially skeptical if any real work could be achieved in these spaces, I have been surprised to discover just how great co-working can be.
02 Dec 2015
Advice from Steve Jobs on Passion in Business
People say that you have to have a lot of passion for what you do, and it is totally true. If you dont love it, you are going to give up, and thats what happens to most people. Most sane people will quit! - Steve Jobs
18 Oct 2015
Goldilocks pricing to eliminate discounts and maximise profits
Setting your prices to capture maximum value and avoid discounts is critical to business success. One approach is to use multi-level or tiered pricing; for example a typical multi-level pricing system has 3 levels (good, better, best) or (silver, gold, platinum). Also known as Goldilocks pricing, this approach works on the principle that customers tend to avoid extremes and go for the middle option.
02 Oct 2015
On scaling your professional services or consulting business
Professional service firms focus on building strong business relationships and serving clients, not necessarily on the creation of new products or repeatable services that are easily scaled. The growth of a consultancy is typically linear, being tied to the number of consultants and hours that can be billed per project.