If you are here, it’s
likely that you want to know exactly what we seek to achieve here at the Online Entrepreneur.
Truth be told, we’re not quite sure! What we do know is that
it’s a little intimidating to browse the Entrepreneur Magazine or Forbes,
publications targeted at high-powered corporate businessmen.
Perhaps you’re a university student habituating the digital sphere
with an eye towards being self-made. Or perhaps you’re just a naturally
creative and tech-savvy individual with a great idea.
Here at the Online
Entrepreneur, we know that more than ever, aspiring online entrepreneurs
are propagating tech-savvy and creative solutions. Coupled with a little bit of
funding, these young self-made men and women are now the envy of all. Perhaps
the most illustrious example is pictured below!
In Australia however, we’ve
noticed that the government and businesses have undervalued entrepreneurial
ventures. Only $120 million out of
the $1.8 trillion funds under management in Australia was invested by
Australian venture capital firms last year.
Consequently,
more and more Australians are moving overseas to seek greener pasture for their
online start-up enterprises. Places like Silicon Valley are reaping the rewards
of Australian dreams, with an estimated 17,000 Australians spread out across
the San Francisco Bay area, and at last count, 65 start-up businesses with
Australian roots.
This
leads me to the crux of the Online
Entrepreneur. We want to explore avenues for young Australian entrepreneurs
who achieve their ambitions while staying on home soil. We’ll be investigating
WHY our entrepreneurs aren’t being supported and what possible changes we can
effect. By talking to Vibewire, a non-profit organisation providing support for
entrepreneurs, we hope to find a solution to the entrepreneurial exodus.
We’ll
be talking to several successful entrepreneurs who have made it locally. Sneaking Duck is an award winning online glasses venture co-founded by four young
entrepreneurs in Sydney. Similarly, the online fashion leather retailer Viparo
was founded by a few savvy entrepreneurs who jumped onto the online fashion
wagon. We’ll also hopefully be talking to few entrepreneurial ventures in
different fields, such as Kogan the electronics retailer and Renting Smart, an
online rent system.
From
this accrued wisdom and business acumen, we’ll be looking to compile a
comprehensive how-to guide for our readership to help get you started, no
matter what rung on the entrepreneurial ladder to success you are.
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