Some time back I wrote a paper outlining one hypothesis as to how the corporations in the Australian services sector could be encouraged by government intervention to require new sources of innovation as developed by a high-tech start-up sector.
In that paper I stated a view shared by many, that the world only needs one Silicon Valley.
The evidence? Firstly, Silicon Valley doesn’t just serve the USA, it is a magnet for entrepreneurs and risk capital from all over the world. Secondly, as Vivek Wadwha noted, “hundreds of regions all over the world [have] collectively spent tens of billions of dollars trying to build their versions of Silicon Valley. I don’t know of [...]
After a few crazy conversations about convoluted business models in the last few months I felt compelled to write this post….Ocaams Razor
Occams Razor is a theory ascribed to a 1300th century Philosopher which paraphrases (the original was in latin)
“When two alternatives produce the same result always choose the simplest alternative”.
That is its always better to aim for simplicity instead of complexity.
Too often I see experienced and new entrepreneurs making things more convoluted than they have to be, failing to take the simple path and I wonder why.Unnecessary Business [...]
Ed: Im a big fan of these guys, I met Alfred 2 years ago at the University of NSW when they were pitching the original Motorcycle Helmet concept (I include an original sketch below) and wrote an article on them 2 years ago
They are one of the few people to win the coveted Red Dot award and a Silver in the Dyson Innovation Awards while still in their 20s.
They have come a long way from the early days and are now ready to go into production with the new Alpine Smart Snow Helmet.
Forcite is running a Kickstarter Campaign for the first orders for the Alpine Smart Snow Helmet you can preorder one [...]
The great thing about startups is that they get s**t done. There is no time to pontificate, no budget to bring in McKinsey and plenty of uncertainty and risk that entrepreneurs grow to be comfortable with. This context has created a way of working that powers startups to innovate at internet speed and disrupt most industries in their wake.
We call this way of working ‘Lean Startup’ — a discipline which accepts that a startup doesn’t know all the answers when it begins and must deliberately discover the mechanics that will cause it to succeed. Great businesses never lose this habit.
Done well, [...]
This post was originally published by our partners at the Founder Institute who run the World’s Largest Entrepreneur Training & Startup Launch Program.
Founder Institute has chapters all around the world and has recently raised a $USD100 million fund to invest graduates from their programs.Introduction
Bootstrapping is an attractive way to launch and run a startup for many founders, primarily because it gives more freedom to the founders than getting investors to invest in the company. However, bootstrapping is also a very risky move, as doing so means you may not have lasting funds to cover operational costs.
Too many promising startups have [...]
Regardless of what you think about email there is one thing certain, email is not dead.
For years people have been saying email is dead as a means to reach your clients and prospects.
1000s of (self promoting) Social Media marketing gurus have pronounced the future of marketing is Social Media and that email is loosing its effectiveness.
Don’t listen to them. They are dead wrong.
Email is still the best way to communicate and have a direct relationship with your user.
Other methods of communicating with your clients such as social media are either too noisy or the social network [...]
This week has seen seasoned developer and UNSW alumni Gwilym Humphreys come on board as Lead Developer for the FounderLab initiative – a world first on-campus service that seeks to give engineering students first hand exposure to multiple startup projects whilst simultaneously providing a professional product development service for non-technical entrepreneurial founders who apply competitively for the service.
Recently returned from a stint in Canada, Gwilym has been the engineering power behind startups such as GradConnection, Vancouver based TheresMyBus.com and was instrumental in the development for photo-sharing application Vidigami not to mention his experience [...]
Ed: Really like the look of this
Startup Name SDK.finance What problem are you solving? Every time you start a new business, the problem of a quick start of the product emerged. You can spend up to 1 year building your first prototype. One day we found out that in every new FinTech product we solve the same problems and spend lots of time on it. That was a day when we came up with the idea to help FinTech entrepreneurs around the globe build their products in the fastest way. We applied all our experience and the best ideas in this product. In 2014 we launched the first version of SDK.finance – a “helper” software product for FinTech entrepreneurs. It has [...]
From Mike Nicholls, Annie Parker, Frank Arrigo, Kate Carruthers, Silvia Pfeiffer, Anne-Marie Eilas, Gordon Carr-Gregg and Mark PesceOperation Skippy
No one is immune to the compelling images from the Syrian refugee crisis.
At the suggestion of Annie Parker from Muru-D, we are putting together a team of coders + startup people who want to build apps and systems to help the refugees get to Australia and get resettled.
Our first idea is to work with the Digital Transformation Office to create an API to process Visa Applications for Refugees via Smart Phone Apps.
We aim to allow refugees to submit applications, [...]