My life as a startup mentor has three constants: midnight anxiety, coffee and lean canvases. I deal with the first two with a combination of meditation and hard liquor, depending on how much time I have on my hands. Lean canvases, on the other hand, have become both a necessary evil and my favourite thing in the world. If you’re doing it right, running a lean canvas session is equal parts endless joy and cautious panic.
So you’ve decided to go out on your own. You may be a marketing / IT / Events / PR / Human Resources consultant. You’ve just landed your first client – check! It’s a big client too – even better. This means that most of your company income will come from the one customer. Makes no difference for tax, right? Wrong.
For quite a while, I was almost certain that I not only understood what innovation meant, but also what its impact was.
I never quite knew how to define it, but was sure innovation meant something that was new and amazing, and that it had the capability to deliver an impact in a big way.
The Australian Law Reform Commission (ALRC) has recently released a report called Serious Invasions of Privacy in the Digital Era, setting out recommendations to strengthen people’s privacy in the digital environment, including to give victims of serious invasions of digital privacy the right to sue.
Growing up in the UK in the late 70s and 80s when Margaret Thatcher was Prime Minister and leading the country, I thought it was quite normal for a woman to be in a leadership role. By the time I was 8 years old, my tech career was already being mapped out for me – I just had no idea at the time.
There are many myths and misconceptions regarding intellectual property law that seem to be fuelled by well-meaning amateurs – the backyard patent attorneys as we have called them. Relying on these myths and misconceptions can spell disaster for any business, but particularly for a new startup with limited capacity to pay for such mistakes.
The ATO, after much anticipation, has provided guidance on the tax treatment of bitcoin and other crypto-currencies.
Instead of categorising Bitcoin as an Australian or foreign currency, the ATO has classified bitcoin and similar crypto-currencies as barter transactions, bearing similar tax implications.
There is one Aussie startup that has been creating change on a global scale for more than a decade and its got the numbers to back it up – 17 million database, 246,000 fans on Facebook and 1 million uniques a month.