Investing in early startups poses inherent risks. So as a first time angel investor, what do you need to consider in order to mitigate these?
In our first year as an ‘Innovation Nation’ start-ups are finally getting some of the attention that they deserve from the government, big business and the media.
To enable your business to scale-up, become more agile and respond effectively to disruptive change, cloud technology applications are critical – and are cheaper and quicker to deploy than traditional ‘on premise’ business systems.
Attracting those with innovative ideas to set up and drive their idea through to implementation in Australia is just one piece of the puzzle. What are the other challenges fast growing start-ups face in cultivating the right infrastructure and processes to support growth?
The ‘fintech revolution’ is not only about disrupting traditional financial services. The genesis of Deloitte Technology Fast 50 2015 company Ingogo, for instance, was triggered by a frustration with catching taxis. Addressing the payment aspect of this experience was essential to the solution, but not the focus.
With the ‘low hanging technology fruit’ well picked in the developed Western markets, it will be harder and harder for Australian companies to get their breaks in these competitive technology markets in the future.
Have a focus – a common pitfall of foreign investors is getting carried away and investing in too many things. Too many things lead to white elephants, frustration from the investor and loss of money for the investor and the community.
“Our collaboration with Ignite Digi shows how two companies driven by technology and ambition can succeed to make for a perfect team”
When it comes to the lead up to EOFY, one of the biggest headaches is getting your records and data up to date and in order.
There are many changes occurring in the consumer and service provider market today, driven by the arrival of new technologies and a convergence of these with traditional business practices. As with your industry, businesses from all sectors are being impacted like never before and this trend is set to continue. Emerging technologies are changing the way consumers and business owners think, connect and live.