Written by Christine Thong and Evan Shellshear
When was the last time you seriously thought about your blue chip investments going broke? At what point will those shares be worth nothing? Although it may sound ridiculous, the question is serious because at the current rate of disruption, it has been predicted that half of the S&P 500 will be replaced over the next 10 years. Where does that leave your investments?
The need and act of a business pivoting is natural. It can almost be seen as a form of corporate evolution. Over the years, the largest businesses only keep their top spots by evolving and chasing the sunrise markets and leaving the sunsets. Intel famously [...]
I wanted to reach out to everyone in this blog post and share with everyone some awesome tricks to build a startup lightning fast, validate your idea within six months and have a growth-ready startup or die trying. Ok so not the latter, just the former.
What I want to discuss here are the great things you can take advantage of because you live in Australia. We have an amazing safety net to catch fallen entrepreneurs and a startup environment which now has pretty good infrastructure. So let’s get to it, what should you do? Well the first thing is to have an idea and assuming you have one, let’s get to the first step:If you are new to the startup game, time to get a [...]
A lot of startups come to us with part of their plan already in place, having taken the initiative and done things themselves. This is great in theory, as every cent counts when trying to launch a lean startup for success. However, sometimes this inadvertently leads to other problems that can become major setbacks in practice, both in the short and long term. Whether it’s a tax sting or the winding up of a company, unless you’re on the right footing from the get go, if a problem doesn’t destroy the business outright, it may have the potential to do so through the professional fees you’ll have to incur in fixing it. We thought we would share a [...]
One of the requirements for the granting of a patent is that the invention is new. To determine this, a ‘prior art’ search may be conducted, which looks for inventions that are similar to yours, usually in published patents. A prior art search may prevent you from trying to patent an old idea, saving you money.
Patent examiners perform their own prior art searches during examination. They will use the results of their searches against your application. If you search early enough you can prepare your application for prior art objections made by the examiner.
You can conduct the search yourself, pay for a professional search, or request the patent office to request a [...]