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The value of the booming Proptech sector

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PropTech Group Limited is an ASX listed public company that owns, operates and invests in leading PropTech SaaS businesses, in select mature markets beginning with Australia, New Zealand and UK.

With our years of experience and innovative products under one roof, they’re bringing the best of the industry together in one ecosystem. PropTech was founded to help real estate businesses find a smarter way to do business – and to help the industry to prosper. Together.

For more information, head to their website.

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Startup myths and mistakes: navigating the path to success

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Starting a business is full of challenges, and with a high failure rate, entrepreneurs often face significant pressure – so what are some common myths and mistakes?

When launching a new business, founders encounter numerous challenges and often battle against discouraging odds.

With statistics showing a 70-75% chance of failure, the startup world can be daunting.

Alongside the inherent difficulties, many entrepreneurs fall prey to common misconceptions that can hinder growth and long-term success.

MYTH: VENTURE CAPITAL

One of the biggest myths surrounds the necessity of raising significant venture capital at the outset.

Although securing funding may appear to be a fast track to success, it can sometimes stifle business development.

MYTH: APLHA LEADERSHIP

Contrary to the aggressive “alpha” image, research suggests that empathy and collaboration are far more effective.

Entrepreneurs are also misled by the notion that ruthless tactics yield success.

In reality, founders who uphold strong ethical standards typically perform better than those using cutthroat strategies.

These insights come from a conversation with David Sinkinson the co-author of Startup Different, a book and podcast that tackles startup myths and guide entrepreneurs through the realities of building a sustainable business.

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Experts report that AI is boosting SMB Growth despite implementation hurdles

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As small and medium-sized businesses (SMBs) embrace artificial intelligence, many struggle to identify clear strategies amidst rapidly changing technology.

As artificial intelligence continues to transform industries, small and medium businesses (SMBs) are increasingly drawn to its potential for growth.

However, for many, integrating this fast-evolving technology comes with notable challenges, especially around identifying the right tools and effectively managing resources.

For SMBs, AI adoption often means sorting through a crowded field of applications, each promising innovation but requiring careful assessment of benefits and returns on investment.

Coupled with limited IT support, businesses can find themselves struggling to implement and sustain these systems.

Experts advise that focusing on clear objectives and incremental implementation can help companies avoid common pitfalls and better harness AI’s potential.

To aid SMBs in this journey, Jeff Oskin, Managing Member at Newlogiq is providing a suite of tools like assessments and AI roadmaps, helping companies develop tailored strategies that align with their unique needs.

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Inspiring the next generation of riders: from motocross champion to mentorship

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How a racing legend is shaping the next generation of Australian motocross through coaching and leadership

In The Driver’s Seat shines a light on unconventional success stories. Each episode takes viewers on a journey into the lives of industry leaders, trailblazers, and entrepreneurs who have carved their own unique paths to success. Join Penny as she navigates the roads less travelled with the visionaries shaping the future.

Hosted by Penny Lane, Founder and CEO The Perfect Cosmetics Company. 

In this episode, Penny is joined by Lee Hogan, Factory Honda Junior Team Manager, ProMX-Aus SX TV Host and BCP Coaching Director. #in the driver’s seat

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