8 Apps Surprisingly Valued Over $10 Million (Million dollar Apps)

Launching your App and taking it to great heights is similar to launching any other business: proper planning and execution can end up making you a lot of money. With the right App and the right execution, you can build your own million dollar Apps! There is a long list of Australian Apps that made millions in the last year alone. Many Australian Apps sold for millions as well.     

Just think of the net worth of Apps such as WhatsApp (USD 10 billion), Facebook (USD 857 billion), Instagram (USD 100 billion), Twitter (USD 53 billion) and Australian Apps like Afterpay (USD 29 Billion) and SWEAT (USD 100 million). All the above-mentioned Apps did not become million dollar Apps overnight. It involved strategic planning and execution, which differentiated them from competitors & gave them a competitive edge to capture market share. 

This article will highlight Apps that you will not expect to be valued at over $10 million, but are! 

1. iAuditor 

iAuditor million dollar App

Has raised $222 million in funding

Continue reading “8 Apps Surprisingly Valued Over $10 Million (Million dollar Apps)”

17 Australian Female Entrepreneurs crushing it in 2021

Top female entrepreneurs Australia

Australian entrepreneurship was once almost exclusively reserved for men. Not anymore! Now, female entrepreneurs are not only competing but also beating men at their own game. 

We obviously still have a considerable way to go before women have an equally fair shot at being a successful Australian entrepreneur as men do. Consider this statistic: the total percentage of women entrepreneurs is still less than 35%. But more and more female entrepreneurs are starting businesses and revolutionising industries. 

While there are thousands of women who deserve to be celebrated for their achievements, in this article we highlight some famous female entrepreneurs (and some not so famous ones) who are absolutely crushing it in 2021. You can also check out our list of the 10 Richest Australian Tech Entrepreneurs or our list of the top 11 startup accelerators and startups incubators in Australia. So here is our list of the female Australian entrepreneurs who are leading the way and inspiring the next generation of women entrepreneurs around the world.  (The list is in no particular order)

1. Melanie Perkins (Canva)

Melanie Perkins the co-founder of Canva

Net Worth: $1.3 billion

Continue reading “17 Australian Female Entrepreneurs crushing it in 2021”

10 Australian Jobs that Will Not Exist by 2030

The dynamics of the volatile job market are going through continuous changes. The advent of technology could replace a significant percentage of current manpower requirements – turning today’s highly skilled individuals into unnecessary surplus. If a report by the Committee for Economic Development of Australia (CEDA) is to be believed, then almost 40% of Australian jobs may not exist in another 10 years. That’s an alarming prospect, which could have a huge repercussion on the country’s workforce.
Continue reading “10 Australian Jobs that Will Not Exist by 2030”

Outsourcing App Development to Overseas – The Good, The Bad and The Ugly

Outsourcing app development to overseas companies is getting a lot of attention these days. Because of the easy access, the availability of free communication methods such as Skype, Whatsapp and Viber, sometimes you may think outsourcing software projects to overseas companies is a good approach. But let’s look at the good, the bad and the ugly sides of outsourcing app development to offshore companies.

The Good

The main benefit that you get from outsourcing a project to an overseas company is the apparent initial cost savings. Outsourcing development to an offshore company could be a good solution if you already have an in-depth technical understanding of the project and its underlying architecture. If you have already managed technical Projects successfully in the past, worked remotely across multiple time zones, have an existing relationship with a genuine overseas company, understands the cultural, communication and timezone barriers, you may be able to get these cost savings.

However, does this benefit actually overshadow the risks if this is your first project? Continue reading “Outsourcing App Development to Overseas – The Good, The Bad and The Ugly”

Shark Tank App Success Stories: 15 App Ideas that Got Funded by Shark Tank Investors

In the world of start-ups and mobile applications, Shark Tank has been a bright and positive spot for the potential entrepreneurs. Here are some of the most famous Shark Tank apps and Shark Tank success stories to keep you inspired!

How often do we enjoy the selfies clicked on our smartphones? But don’t we all wish to store our pictures in conventional albums?

With the help of Groovebook, people could click pictures on their smartphones and upload them on the app to be printed into an album and delivered at their doorstep. The founders, Julie and Brian Whiteman, got quite the deal with this app idea on Shark Tank. Continue reading “Shark Tank App Success Stories: 15 App Ideas that Got Funded by Shark Tank Investors”

Top 12 Government Grants for Australian Startups

For anyone who has ever worked on a startup business knows the value of getting appropriate funding. This is possibly one of the hardest tasks in this process.

But all thanks to the Australian government, the startups in the land down under are well-funded by a number of Australian government grants. This starts right from the idea development and research aspects to the ideal development and marketing.

  1. Research and Development Tax Initiative

This grant, as the name suggests, caters to the research end of the startup. This can provide you tax relief for up to 45%. The main aim of this grant is to promote the thinking and innovative mind into coming up with well-researched startup ideas. Continue reading “Top 12 Government Grants for Australian Startups”

GDPR Australia – How Does GDPR Affect Australian Apps, Software and Services?

The scope of the (General Data Protection Regulation) GDPR is broad and Australian businesses can be caught by surprise. Here’s what it means for the Australian businesses how you can prepare for it.

The General Data Protection Regulation (GDPR) is a regulation introduced in the European Union (EU) and has become enforceable since 25 May 2018. GDPR mainly addresses how companies should capture, process and store user information, and gives more rights to users to safeguard the use of their personal data. Though this is an EU law, it does have a global impact.

This new law is a replacement for a set of guidelines previously set in 1995. That was the Data Protection Directive. Unlike the previous directive, which was a set of guidelines, which companies may or may not follow – the new regulation is a law, which companies must follow. Failure to abide by the new law can enforce significant fines for the companies.

Continue reading “GDPR Australia – How Does GDPR Affect Australian Apps, Software and Services?”

The Rise of The Everything App – Apps that Do Everything

With the recent buzz about ASX listed companies building “everything apps”, we thought of giving some insight into how the emerging platform economy works. If you’re thinking of building an app that does everything, you don’t need an ASX listed company, but you need a strong partner who understands technology and systems integration.

Do you want to be able to book a taxi using your social media accounts? Or else what about navigating yourself inside a shopping mall you are not familiar while using a retail app? Or what about being able to book your air tickets while using the Airbnb app?
Continue reading “The Rise of The Everything App – Apps that Do Everything”

7 Essential Productivity Hacks for Startup Founders

“Sometimes, things may not go your way, but the effort should be there every single night.” – Michael Jordan

Productivity is a key ingredient startup founders need to have both in their organization’s processes and employees. Productivity is measured in terms of the rate of output per unit of input. Let us look at 7 Productivity Hacks startup founders can utilize in order for their businesses to be successful.

Continue reading “7 Essential Productivity Hacks for Startup Founders”