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BI-GOODNESS is a bi-monthly column dedicated to the quirky, generally funny and often dangerously impractical inventions and business concepts that occasionally come our way. It is a tribute to the one-eyed entrepreneur, the nutty professor and dotcom jockey in each of us. HIJACKER INJECTOR It’s fair to say that aeroplane hijacking is a pursuit reserved…
Most Australian entrepreneurs claim to think big from the outset. But you need more than a good idea and a broad Aussie smile to conquer the world. Bi-lateral free trade agreements are tearing down barriers, but exporters must still negotiate the vestiges of international protectionism and the rollercoaster Aussie dollar.
Imagine if Australia’s innovators and entrepreneurs received the same media attention as sporting celebrities. Maybe we would find Ziggy Switkowski being tested for caffeine ingestion before Telstra’s next annual general meeting. Or Coles Myer board members being cited for boardroom melees. I know there are a few members of the business elite that I would…
Imagine if Australia’s innovators and entrepreneurs received the same media attention as sporting celebrities. Maybe we would find Ziggy Switkowski being tested for caffeine ingestion before Telstra’s next annual general meeting. Or Coles Myer board members being cited for boardroom melees. I know there are a few members of the business elite that I would…
The Spam Act became law on 12 December 2003 with a proviso that its penalty provisions would come into effect 120 days later – 11 April 2004. Email marketing is a powerful tool for a business of any size. What impact the Spam Act will have on Australian companies is anyone’s guess. Nicholas Blackmore, Corrs…
A meeting of minds or clash of heads? It is little wonder that only a small proportion of investment proposals ever successfully attract venture capital. The relationship between entrepreneurs and investors can sometimes be likened to the relationship between contestants in a boxing match, entering the ring from opposite corners, both adamant they are up…
The US-Australia Free Trade agreement has got everyone talking. Like it or loathe it, smart companies are reading the fine print. They are doing their homework, exploring new ways to profit and adjusting their plans to suit. In the area of Intellectual Property (IP), systems are similar, but the rules do vary. Differing interpretations of…
It’s now four years since the ‘tech-wreck’ of April 2000. Four years!!! Can you believe it? Yet, it’s so hard to move on. We continue to talk about it, romanticize it, lament it, tut-tut at our folly. And we definitely can’t stop writing about it. Like the unnamed narrator in Joseph Conrad’s Heart of Darkness,…
In the rollercoaster ride of potentially lucrative, but often disappointing, technology IPOs and private equity investments, a well-managed intellectual property portfolio could be your ticket to success, writes Rob McInnes. For any innovative company looking to take advantage of an IPO window in the next few years, or indeed for any high-technology enterprise looking to…
The United States is a mecca for wine importers – which is hardly surprising given that it is the world’s third largest consumer of wine products after France and Italy. However, it is also the world’s fourth largest wine producer, bottling 23,300 hectolitres each year, which is 2,100 hectoliters more than it consumes. In such…
Business people love to use jargon, but what exactly does it mean to do a “flip-up”? Not to be confused with “two-up”, our national game of chance, it refers to the migration of a company’s corporate structure to a foreign jurisdiction. This new game is more complex, and less likely to instill feelings of patriotism….
It’s said that in China the economic revolution is most visible on its roads. In recent years, carmakers from Japan, Europe and the US have rushed into this rapidly changing nation. They are part of a boom that saw car sales rise 56 per cent in 2002, making China the world’s fourth biggest car market…
It’s said that in China the economic revolution is most visible on its roads. In recent years, carmakers from Japan, Europe and the US have rushed into this rapidly changing nation. They are part of a boom that saw car sales rise 56 per cent in 2002, making China the world’s fourth biggest car market…
So the blood, sweat and tears of the last five years has finally paid off and you have developed the next big thing. You have put together a business plan and begun speaking to venture capitalists. But while they appear interested in the technology and business, they have reservations. How could this be? Marcus Best…
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