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22 November 2024
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Jack Gance is one of Australia's most successful entrepreneurs having built two market leaders from scratch. Here is the story of how he founded Chemist Warehouse and expanded it into today's retailing behemoth.
Jack Gance is a rare entrepreneur who’s created two market-leading businesses from scratch. He reveals how he started with limited capital, how he scaled up with innovative marketing and the lessons learned.
The startup banks were supposed to challenge the lazy, oligopolistic major banks, but 86 400, Xinja and now Volt have gone. Why did Volt disappear so quickly when it had gained deposit support and name recognition?
The pandemic has boosted food-delivery businesses but is this a permanent change in habits rather than due to short-term lockdowns? Established businesses such as McDonalds and car companies are in on it.
Fortescue, Crown, TPG Telecom, 7 Group, Flight Centre and Wisetech are the Australian companies among the family/founder businesses showing resilience in the COVID-19 pandemic versus non-family peers.
Netflix once claimed its creation of 'binge watching' made sleep its major competitor. Now, the coming blow will be the loss of one platform that offers just about everything subscribers want.
Contrary to traditional economic models, excess choice can be bewildering to consumers. Some customisation-from-scratch businesses are failing, and half-way solutions might be better.
Facebook, Google and Amazon seem already entrenched in our lives, but with the information they know about their users, their ability to target advertising and products has only touched the surface of change.
Robo-advisers will make their impact in wealth management, but that doesn’t guarantee their success. Like any business, there will be major challenges to overcome as they attempt to disrupt financial advice.
Behind the glossy facade of the website of the roboadviser, how effectively will the business model deliver quality financial advice and appropriate investment outcomes at a competitive price?
There are many places in the SMSF value chain where a company can operate. The best businesses choose a place where they can excel and try to become the best.
Michael Porter's 'Shared Value' is about creating value for both business (financial) and society (impact). It’s proactive, not reactive. And investment managers are in his sights.
It’s with heavy hearts that we announce Firstlinks’ co-founder and former Managing Editor, Graham Hand, has died aged 66. Graham was a legendary figure in the finance industry and here are three tributes to him.
There are well over 800,000 family trusts in Australia, controlling more than $3 trillion of assets. Here's a guide on whether a family trust may have a place in your individual investment strategy.
Investing guru Howard Marks says he had two epiphanies while visiting Australia recently: the two major asset classes aren’t what you think they are, and one key decision matters above all else when building portfolios.
Berkshire Hathaway’s third quarter earnings update reveals Buffett is selling stocks and building record cash reserves. Here’s a look at his track record in calling market tops and whether you should follow his lead and dial down risk.
How have so many wealthy families through history managed to squander their fortunes? This looks at the lessons from these families and offers several solutions to making and keeping money over the long-term.
A recent ruling from The Australian Financial Complaints Authority may herald a new era for financial scams. For the first time, a bank is being forced to reimburse a customer for the amount they were scammed.