Posts Tagged ‘Entrepreneurship’

Edition 47 – Scamming

Sunday, March 27th, 2011

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Business scams are on the rise. And staying safe is no longer a just question of avoiding East African princes trying to recover their lost millions. Online scamming has moved on, and it seems, business is still falling for it. The number of scams reported to the ACCC last year, doubled last year to 40 000 according to the Deputy Chair of the Australian Competition and Consumer Commission, Michael Schaper, who joins Business21C Weekly with thoughts on how you can protect your business from the scammers

Rachel Turner, owner of handmade confectionery company, Sticky, talks of her near miss with an email scam from Africa (it was seven years ago, after all). And Jonathan Hambrook of Stockman’s Ridge Wines explains how his company was one of a number of several Australian wineries who fell prey to an elaborate scam that came close to defrauding the industry of many millions of dollars worth of wine – despite ASIC checks, a visit to the scammer’s ‘warehouse’, and reference checks with other suppliers.

We can all get caught out, but Anthony Di Sano has decided to play the scammers at their own game. Founder of thescambaiter.com, Anthony’s mission is to scam the scammers. He explains how he does it.

Edition 40 – Skateistan

Sunday, February 6th, 2011

Business21C Weekly is available through the iTunes Podcast directory. To subscribe directly via iTunes, go to the Advanced menu in iTunes and select Subscribe to Podcast. Then paste in the following URL: http://www.business21c.com.au/podcasts/feed

Business21C Weekly is broadcast on Sydney’s 2SER 107.3 fm radio station at 9:00 am each Monday morning.

This week, Business21C Weekly talks to Oliver Percovich, founder and director of Skateistan, Afghanistan’s first skating school and a not-for-profit organisation working in Kabul. The idea behind Skateistan is to not only provide skateboarding lessons, but to also provide education to children, both girls and boys. For one hour of skating completed, one hour of school class must also be done.

Jochen Schweitzer used this group as a case study for a postgraduate marketing class at UTS. Two students had the brief to provide recommendations to be implemented to this not-for-profit skateboarding school in Afghanistan. Suzie Hollott and Julian Ryan approached issues to identifying and solving problems with this interesting case study, and discuss their experiences with Kirsten Lees.

Edition 34: Best of 2010 – Young entrepreneurs

Monday, December 27th, 2010

Business21C Weekly is now available through the iTunes Podcast directory. To subscribe directly via iTunes, go to the Advanced menu in iTunes and select Subscribe to Podcast. Then paste in the following URL: http://www.business21c.com.au/podcasts/feed

Business21C Weekly is broadcast on Sydney’s 2SER 107.3 fm radio station at 9:00 am each Monday morning.

For this summer edition we are going to play a best of 2010 for Business21C Weekly, starting with a repeat of our discussion on young entrepreneurs:

Take a young person with a great idea, add a desk, broadband connection, printer and access to a kettle. Set them to work in a room full of people who think like them, and stir in mentorship, business coaching and a heap of networking. What can’t such a group of young dynamic business, arts and social entrepreneurs come up with? This is what business start-up incubator, Vibewire, is all about. And Mary Nguyen is passionate about it.

She joins us at Business21C Weekly to talk about young entrepreneurs. Mary Nguyen is on the board at Vibewire, a non-profit organisation that supports young people to shape their world through media, arts and entrepreneurial opportunities.

We also are also joined by Alfred Lo. Alfred is entrepreneurship in action. As co-founder and director of Axle8.com, in partnership with Jin Liew, Alfred has just launched a social platform for real time geolocation messaging and discovery. What? It’s an app that lets you know what is going on in venues and businesses around where you are, now and its coming to an iPhone near you, soon. Alfred takes us through some of the highs and hurdles of life in a tech start-up; a life Alfred clearly loves.

Ph3: Three minute thesis at UTS Business

Friday, August 27th, 2010

Ph3 prize winners, from right, Richard Norman (winner), Chelsea Wise (winner, people's choice), Professor Tracy Taylor, Nicole Sutton (runner-up), Professor Stephen Taylor

Picture the scene: you’re at a party, you get chatting, things are warming up and you’re keen to impress. Then it happens. Talk turns to work. And for you work is academia. Not just any academia but you’re two years through research into a field so specialist and so obscure, that even your supervisor’s eyes glaze over when you mention it.

Yes, you may have a passion for, say, ‘the-limitation-and-distortions-of-corporate-governance-issues-in-culturally-biased-wholly-owned-subsidiaries-of-community-sport-organisations-on-societal-systems and stakeholders’, and indeed what you discover may one day change the world. But the subtle intricacies of what you love don’t always communicate over a luke-warm chardonnay at a noisy party. Let’s face it, it hasn’t been your most successful pick up line to date, has it?

To the rescue of Phd and and MPhil students around Australia comes the inaugural Three Minute Thesis competition, or Ph3 as it has been dubbed at UTS Business School, where the first-round heats were held on August the 19th.

Nine post graduate students at various stages of their research studies, representing five management, disciplines took the challenge to present a compelling and coherent summary of their theses in under three minutes. They also took on the bigger challenge of doing it with only one Powerpoint slide, and no fancy animations.

Humour aside, the event is part of an important national initiative with competitors from 32 of Australia’s universities competing for a prize of $5000 at the national final in September, at the University of Queensland. The goal of the competition is to assist research students to develop academic research and communications skills. The finals will be judged by ABC Science Broadcaster, Bernie Hobbs.

But, as the event on the 19 August demonstrated, the benefits are broad. The opportunity to listen to concisely explained summaries of some of the work that is going on around UTS Business, alone, gave participants and members of the audience a unique insight into the research depth that UTS offers.

The strength in presentation skills were as rewarding as the range of topics was varied. We heard how Bruce Wayne of Batman is the archetypal non-profit organisation, wishing to save the world, but needing a range of tools (Bat-toys), consultancy (family retainer in Bat cave) and funding (dead millionaire parents) to smooth his journey. We learned about the impact of Muslim women surf life savers on community sport and cultural exchanged, and gained an insight into how wholly owned foreign subsidiary companies structure their management control tools. And that was just for starters.

Richard Norman, a researcher from the Centre for Health Care Economics was presented with a cheque for $500 as the winner of this first-round heat. Richard’s thesis is ‘Limitations and distortions in outcome measurement in economic evaluation of healthcare’. Richard will now compete with other Phd students from around the UTS campus for the chance to represent the University at the National finals next month.

Nicole Sutton from the School of Accounting, was awarded runner up, with her thesis on ‘Management Control of research activities in Universities’. Nicole was presented with a cheque for $250. Chelsea Wise from the School of Marketing won the People’s Choice Award of $250 for her entertaining and enlightening discussion, ‘Novel specification: How do consumers cope?’

The final of the UTS leg of the competition is being held on Tuesday 31st August, at the Great Hall Level 5, UTS Tower. 5.30 for a 6 pm start.

The winner will go on to compete in the National finals the University of Queensland on 21st September, where prizes of $5000, $2000 and $1000 are up for grabs.

Participants in UTS Business Ph3 heat, on 19 August, 2010

UTS Business' Ph3 participants with Professor Stephen Taylor

Tirukumar Thiagarajah, Accounting, Exploring management control systems in the third sector

Hazel Maxwell, Leisure, Sport & Tourism, An exploration of the role of sports organisations in community development: The case of Australian Muslim women

James Wakefield, Accounting, Control and performance of wholly owned foreign subsidiaries

Richard Norman, Centre for Healthcare Economics, Limitations and distortions in outcome measurement in economic evaluation of healthcare

Chelsea Wise, Marketing, Novel specification: How do consumers cope?

Nicole Sutton, Accounting, Management control of research in universities

Christoph Hechelmann, Leisure, Sport & Tourism, Effects of social media engagement on the emotional attachment to sport sponsoring brands

Peter Sinclair, Marketing, The comparative effects of societal syndromes on knowledge discovery in new product development

Alastair Rylatt, Management, Stakeholder commitment over time

Edition 10: Good Food and Wine

Friday, July 16th, 2010

The Good Food and Wine Show opens at Darling Harbour Exhibition Centre today, Friday July 16. We talk with James Laing, Group Exhibition Director of Diversified Exhibitions and the man in charge of this nationally renowned expo of the country’s top gourmand producers and growers, celebrity chefs, quaffable wines and obscure seasonings.

Now in its 9th year, the Good Food and Wine Show has tracked the explosion in interest in what we eat and drink in Australia, riding the wave of fascination in down to earth cooking techniques and as gourmet trends, to become one of the country’s largest consumer exhibitions. Opening across Melbourne, Sydney, Perth, Brisbane and Adelaide the Show welcomes 140,000 people through its doors each year, exposing them to new ideas for their kitchens and teaching them new techniques. The business is growing every year and James discusses the dynamics of managing a challenging consumer venture in a booming industry.

Edition 8: Young entrepreneurs shape the future

Friday, July 2nd, 2010

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Take a young person with a great idea, add a desk, broadband connection, printer and access to a kettle. Set them to work in a room full of people who think like them, and stir in mentorship, business coaching and a heap of networking. What can’t such a group of young dynamic business, arts and social entrepreneurs come up with? This is what business start-up incubator, Vibewire, is all about. And Mary Nguyen is passionate about it.

She joins us at Business21C Weekly to talk about young entrepreneurs. Mary Nguyen is on the board at Vibewire, a non-profit organisation that supports young people to shape their world through media, arts and entrepreneurial opportunities.

We also are also joined by Alfred Lo. Alfred is entrepreneurship in action. As co-founder and director of Axle8.com, in partnership with Jin Liew, Alfred has just launched a social platform for real time geolocation messaging and discovery. What? It’s an app that lets you know what is going on in venues and businesses around where you are, now and its coming to an iPhone near you, soon. Alfred takes us through some of the highs and hurdles of life in a tech start up; a life Alfred clearly loves.