Category Archives: Planning Back

Winery Lane founders looking at “hockey stick” sales growth as the specialty wine marketplace closes an $800,000 raise

In the midst of closing an $800,000 funding round Stephen Mobbs, co-founder of online wine marketplace Winery Lane, says the startup is currently seeing a “hockey stick” of sales growth. “A lot of that has been driven by word-of-mouth. We don’t drive sales through promotions, and we’re not in a race to the bottom on … Read more

Why Thankyou Group is pulling its food range: “It feels hard, but it feels right”

A month ago, co-founder of consumer goods brand Thankyou, Daniel Flynn, was discussing the success of his social enterprise business model with President Barack Obama. It was a humbling experience to be invited to the Obama Foundation’s inaugural conference on entrepreneurship, but Flynn tells SmartCompany it wasn’t long after returning to Australia that his business was making a significant … Read more

Blue ocean shift : beyond competing : proven steps to inspire confidence and seize new growth (book)

Authors: W. Chan Kim and Renée Mauborgne Drawing on more than a decade of new work, Kim and Mauborgne show you how to move beyond competing, inspire your people’s confidence, and seize new growth, guiding you step-by-step through how to take your organization from a red ocean crowded with competition to a blue ocean of … Read more

Amazon launches in Australia, showing why industry predictions are futile

Christmas shoppers might have thought the global retail giant had forgotten them, but that is not the case: from watches to office supplies, Amazon Australia hit the “live” button today. After years of speculation and several libraries’ worth of analysis from local retailers about the impact of the launch, the Australian arm of the billion-dollar … Read more

AUSSIE CANNABIS COMPANY SIGNS 10-YEAR DISTRIBUTION DEAL IN SWITZERLAND

CANNABIS therapeutics company Creso Pharma (ASX: CPH) has signed a distribution deal with Doetsch Grether to market its hemp-based cannaQIX®10 product throughout Switzerland and Lichtenstein. Under the terms of the 10-year deal, Doetsch Grether will market and distribute the cannaQIX®10 nutraceutical food supplement to drug store chains in accordance with Swiss federal food laws. As … Read more

Australian entrepreneur Priyanka Bakaya aims for new recycling facility in Australia by 2019

The fire destroying SKM Recycling facility in Melbourne last year has paved the way Australian entrepreneur Priyanka Bakaya to open a new recycling facility in Victoria within two years. Bakaya is the founder and chief executive of Renewlogy, a clean energy company which aims to keep plastic out of landfill by converting plastic waste into fuel. … Read more

THE CROSSROADS REPORT: POOR ACCESS TO GLOBAL TALENT BUT ITS NOT ALL BAD NEWS FOR STARTUPS

Although it’s becoming easier for startups to raise capital in Australia, high-growth companies are hamstrung by a shallow pool of global talent, warned Alex McCauley, CEO of StartupAUS and lead author of the 2017 Crossroads Report. The report, a comprehensive review of the nation’s startup ecosystem, features a state-by-state brief on the progress of local startup ecosystem, … Read more