SECRETS OF SMALL BUSINESS OWNERS EXPOSED! By Dale Beaumont, Dream Express International, 2007, 278pp At Anthill, we like writing about lessons learnt the hard way, and reading about them, too. In ‘Secrets of small business owners exposed!’, a bunch of small (and some now large) business owners tell their stories of transformation: from failure…
Tech-based personal recommendation systems have come a long way in recent times. In 2002, the Wall Street Journal published an article by Jeffrey Zaslow entitled, “Oh no! My TiVo thinks I’m gay,” outlining the severe limitations of algorithmic taste-profiling. Even today, iTunes, Amazon and other popular online media stores insist on taking the “Customers who…
Tech-based personal recommendation systems have come a long way in recent times. In 2002, the Wall Street Journal published an article by Jeffrey Zaslow entitled, “Oh no! My TiVo thinks I’m gay,” outlining the severe limitations of algorithmic taste-profiling. Even today, iTunes, Amazon and other popular online media stores insist on taking the “Customers who…
At the age of 81, Dr Bill Miller has spent much of his career inside the ever-evolving success story that is Silicon Valley. He has been Provost and Professor Emeritus at Stanford University, specialising in fields as various as engineering, computer science, international studies, neuroscience and nanotechnology. He has also founded prominent venture funds and…
Contents: HOW TO PREVENT YOUR COMPETITION FROM SPYING ON YOU AUSSIE BUBBLES ENVELOP BEIJING DIY BOOK PUBLISHING TAKES OFF MY BIG IDEA ANT BYTES HOW TO PREVENT YOUR COMPETITION FROM SPYING ON YOU Anthill issue 20 (Feb/Mar) had been on the news…
Inventors are lone wolf types, too often misunderstood and under-appreciated. So is it any wonder that their inventions sometimes reflect their sense of isolation and defiant self-reliance? It speaks to the credo: ingenuity conquers all (love is overrated).
Publishing a blog on a regular basis teaches you many things. You experience the highs, and you also often become the victim of people who try to take pot shots at you and bring you down. However, in the end it depends on how well you can channel your inner Jerry McGuire. What is…
Have you ever stopped to think about how many ideas you have each day? Probably thousands. Ideas like ‘I’ll take the dog for a walk before it starts to rain’. If it rains, then that was a good idea. Everything in life starts with an idea. There are good ideas and bad ideas. But stop…
Fancy the idea of changing the world? Alleviating poverty, facilitating social change, empowering communities and saving the planet may sound like daunting concepts but an increasing number of businesses and individuals are embracing the idea. And not just because it’s the "right thing to do" – but because it can be an exciting challenge to…
One of the most difficult parts of product development is the requirement to take bets ahead of time. Take the car industry for example. The Japanese are currently trouncing the Americans, a result of focusing on smaller fuel-efficient cars and hybrids while the Americans continued to release bigger people-movers. Did the Japanese know, when they…
One of the most difficult parts of product development is the requirement to take bets ahead of time. Take the car industry for example. The Japanese are currently trouncing the Americans, a result of focusing on smaller fuel-efficient cars and hybrids while the Americans continued to release bigger people-movers. Did the Japanese know, when they…
Craig Winkler started his first business from the spare bedroom of a rented house in Melbourne. The entrepreneur, now CEO of one of Australia’s best known brands, MYOB, couldn’t have known that life would deliver its first ‘financial’ crisis within his first week. It was October 1987. The stockmarket crashed and Winkler suffered his first…
Craig Winkler started his first business from the spare bedroom of a rented house in Melbourne. The entrepreneur, now CEO of one of Australia’s best known brands, MYOB, couldn’t have known that life would deliver its first ‘financial’ crisis within his first week. It was October 1987. The stockmarket crashed and Winkler suffered his first…
The path from start-up to success story can be a challenging journey. These two Victorian innovators are taking the path less travelled, turning good ideas into profitable international businesses, and they’re not looking back! Supply chain keeps its cool It’s a common scenario in the transport industry. The supplier loads a perishable order onto a…
While keeping a close eye on the activities of your competitors is advantageous, it’s important to keep your own affairs in order. STAY ON THE RIGHT SIDE OF ASIC AUDIT RULES In a dynamic business environment, it is not uncommon for mid-sized companies to discover that they have triggered one of the Corporations Act…
Counterfeiting is rife in Australia and many people who would consider themselves law-abiding are involved. We’re not talking counterfeit currency here, but the manufacturing, importation and sale of items infringing the intellectual property of others. The International AntiCounterfeiting Coalition estimates that the problem has grown over 10,000 percent in the past two decades, with counterfeit…
You’ve come up with a fantastic business idea, pinpointed your target market and want to get everything up and running. Or maybe your existing operation isn’t running the way you want. Before you go any further, stop and think about your company’s structure and branding. Existing business owners need to regularly remind themselves why they…
A friend of ours was recently poached from one boutique software company by another. We ran into him about four weeks after he had started his new job. During the conversation, he made the observation that the two companies had virtually identical strategies, good quality people and reputable brands, yet one was going from strength…
Customer satisfaction can help your business to achieve a sustainable competitive advantage. It’s about understanding the way a customer feels after purchasing a product or service and, in particular, whether or not that product or service met the customer’s expectations. Customers primarily form their expectations through past purchasing experiences, word-of-mouth from family, friends and colleagues…
The number one cause of start-up failure is running out of cash before a sustainable (and sustaining) income stream can be secured. The root cause for this is often very simple: lack of focus. An entrepreneur’s starting point as they assess an opportunity is asking several key questions: how big is the market, who is…
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