Monthly Archives: November 2017 Back

Y Combinator’s Sam Altman on the important yet “non-obvious” qualities startup founders need

Successful startups need good products and good market fit, but Y Combinator president Sam Altman says there are a number of “non-obvious” skills he also looks for in founders. “The most underrated quality of all is being really determined,” Altman said during a recent Talks at Google session. “This is more important than being smart. This is more important … Read more

Ros Harvey is an IT entrepreneur with an answer for future food crisis

“Agtech is a sexy sector. Who would have thought?” muses Ros Harvey, founder of The Yield. Her bemusement is understandable – farm technology isn’t much to get excited about. But the buzz around agtech is palpable and few people are leading the charge as fervently as Ms Harvey. Across the pastures and vineyards of Australia, farmers are … Read more

ACCC HAS IMPROVED ‘TENS OF THOUSANDS’ OF CONTRACTS FOR SMES SINCE NOVEMBER 2016

The Australian Competition & Consumer Commission (ACCC) says its only at the ‘tip of the iceberg’ in terms of its efforts to ensure small businesses are not subject to unfair contract terms. Since 12 November last year, when unfair contract terms laws were extended to small business contracts, the ACCC has taken successful court action against a … Read more

Financial literacy is a public policy problem

It’s pretty common nowadays to see the likes of the Reserve Bank of Australia or the Australian Bureau of Statistics issue warnings about the size of Australian household debt. The reason is that the consequences of poor financial decisions often reach far wider than an individual or family. The global financial crisis showed us how rapidly financial contagion can spread – … Read more

It’s beginning to look a lot like Christmas for small business

When you’re in retail it’s never too early to prepare for Christmas. “I probably started thinking about Christmas in July at the start of the financial year,” says Pippa Oostergetel, the founder of Melbourne boutique Squeak. “I start to really knuckle down then in October, November and December.” Oostergetel is hoping for a good Christmas … Read more