Fintech

The apps our grandparents are using

We did a survey of over 55s to find out if – or rather, how – they use apps and technology to save time.

 

Our last few articles have been geared to the youngsters, we know – so it’s about time someone did some research on a more mature demographic (and we promise, no smashed avo in sight).

 

So we did!

 

Here’s what we found:

 

 

Over 55s apps

Working with Millennials

Millennials are set to be the most dominant force in the workplace.

 

Not only that, but they’re going to reshape the work world, according to this PwC report on the matter.

 

It’s no wonder, with the advancement of technology and industry pathways now available to young adults entering the workforce.

 

But does that mean that all offices will have ping pong tables and beanbags (even though they are really fun and we regularly enjoy using them here at Nimble)?

 

For starters, Millennials approach work and life in a completely different way to the generations that came before. Where Baby Boomers and Gen Xers look at their career path with a ‘in it for life’ set of eyes, Gen Y and Millennials are open to exploring new industries, jobs and countries at a rapid rate.

 

This CNN article reports that if you’re under the age of 32, chances are you’ve had at least four job changes up to that point (which equates to about one change every three years).

 

Heck that’s a lot of CV updating!

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So what do businesses have to become to retain good Millennial employees (and employees in general)?

 

Look, we reckon Millennials are given a hard time by older generations (and the media). Despite the growing list of demands a Millennial employee might have before starting a new job, there’s some pretty good pay-offs

 

  • Millennials need to do meaningful work. Yes, we know that sounds like a cop-out, but for a lot of new businesses (startups as we affectionately call them) they’re focused on bringing about change. This is probably why startups are a such a prominent hub for millennial workers.

 

  • The culture of a business will be the defining factor if they want to attract good employees whose values align with the business. And the good employees will want to do work with purpose.

 

  • Another important aspect is learning on the job. Engaged and enlightened employees are constantly looking for new ways to do things, to pick up different skills and to be soaking up new and relevant information that will not only develop them professionally, but also personally.

 

  • Millennials reject strict corporate silos. They want regular and transparent communication and feedback. They want diversity in their work. They want to be able to ask questions. This kind of analytical and inquisitive work behaviour is vital to changing policies and entering new markets.

 

Here’s the crux of it: they value an employer brand just as much as a consumer brand.

 

Embracing the digital

 

Yep, one of the reasons Millennials are proving to be so powerful is their affinity with tech. They don’t know what it was like waiting for dial up internet in 2004. They don’t know what it was like living with a Nokia 3310 (or they might, seeing as those phones never die. Also they’re making a comeback – see here). They have always had Google to fall back on when they couldn’t answer a question. That’s pretty incredible – and powerful – stuff.

 

It means that they have a better grasp on business tools than their predecessors and as such, their behaviour does differ slightly, too.

 

With digital comes the fast-paced and constantly evolving environment, which also means that millennials will most likely be equipped with the agile nature of a generation who is used to this landscape of change.

 

And that’s good news for business.

 

Quick heads up: The above links belong to a variety of websites and not Nimble, so clicking on, and using them, will take you away from Nimble’s website meaning we’ve got no control or responsibility over the content. Nimble does not endorse and is not affiliated or associated in any way whatsoever to the businesses named in this blog post.

The information in this blog post is general information only and does not take into account your objectives, financial situation or needs.

The information contained in this blog is correct at the date of publication.

Aussie women in the startup scene

Ahhhh the safety of a 9-5 job.

 

Ain’t nothing like it – right?

 

For some, the creative dreams of an entrepreneur spirit sit by the wayside while the regular paycheck rolls in.

 

But for a lot of people, including these badass Aussie women, bringing an idea to life and starting their own biz was a dream come true.

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The truth hurts

The harsh truth is that as of November 2016, only 14-24% of all Aussie startup founders were women and of that, only 4% of those startups were funded.

 

Why is that? Well, there’s a few reasons why women aren’t represented well enough in the startup space.

 

Thriving in a male-dominated industry with the perception of a ‘boys’ club’ investor circle is pretty scary.

 

Anna Reeves is the producer of That Startup Show and says that funding was the biggest obstacle she faced as a newbie. One way to combat that is to develop a support network and not to be afraid to ask for help if you need it.

 

Adopting a more straight-forward approach to your business can also help you navigate the waters. Things like learning how to be an effective negotiator, being clear about what you want and believing you really can have it all are other helpful mindsets for any founder new to the startup game (female or otherwise).

 

Sheryl Sandberg, Chief Operating Officer of Facebook acknowledges in her book Lean In that internal demons and the little voice that says ‘I can’t do this’ might go a little way into explaining why women are underrepresented in the startup scene.

 

Many would-be entrepreneurs have incredible ideas, but feel as though their lack of tech skills prevent them from furthering the idea…but you certainly don’t need to be an expert.’

 

Diversity is key

The good news is that organisations are realising the value women bring to the tech and startup world.

 

There are a number of businesses and influential people who are super motivated to change the face of the tech and startup industry.

 

Not just because Australia has a skill shortage in this area, but because a huge number of women have the skill set and qualities perfect for the startup culture.

 

And as Sandberg also says in her book, ‘diverse teams make better decisions’.

 

Need some inspiration a bit closer to home?

These women are killing it in the Aussie startup scene:

 

Lauren Trlin – founder of Buzzy Tasks

Leaving the corporate slog and cashing in on the sharing economy, Lauren’s biz Buzzy Tasks is online marketplace that helps you outsource your to-do  list. You can also complete other people’s tasks too. Super handy for parents who are doing it all!

 

Cyan Ta’eed – co-founder and executive director of Envato

JobAdvisor named Cyan’s business the ‘coolest company for women’ – no wonder, considering its co-founder is one of the most sought-after speakers in the tech and entrepreneurship scene. After launching the biz with her co-founder (and husband), the pair packed up and went travelling for 18 months while growing Envato from ‘anywhere that had wifi’.

 

Emma Lo Russo – founding director and CEO of Digivizer

Founded in 2010, Digivizer uses social media analytics to tell businesses what exactly their customers want. They’ve recently changed their brand to new product-focused, after landing global data and clients following the first round of investment in 2015.

 

Nicola Hazell – director of SheStarts and BlueChilli

Dedicating her work to bringing other people’s dreams to life, Nicola is passionate about engaging women in the startup scene. She believes it’s the perfect place for women to showcase their entrepreneurial side. SheStarts offers mentoring, funding and practical support for 10 female-led startups – with the process being documented in a web series.

 

Quick heads up: The above post contains links to a variety of application software (“App, Apps”) and websites that are not affiliated or associated with Nimble. We do not have any control or responsibility over the content of the Apps or websites. Use of the Apps or websites may be subject to further terms and conditions imposed by the publisher, the owner of the mobile operating system and/or other related parties.   Nimble does not endorse and is not affiliated or associated in any way whatsoever to the businesses named in this blog post. The information in this blog post is general information only and does not take into account your objectives, financial situation or needs.

 

The information contained in this blog is correct at the date of publication.

5 Aussie startups to watch out for in 2017

The Australian startup scene is thriving.

 

While some reports last year (looking at you, Market Watch) said that the startup ‘unicorns’ are fast becoming extinct, the reality is that the age of the startup has only just begun.

 

(Side note: a ‘unicorn’ is an American name given to a start-up company that’s valued at over $1 billion. Canadian tech unicorns are known as narwhals. A decacorn is a word used for those companies over $10 billion, while hectocorn is the appropriate term for such a company valued over $100 billion. How’s that for some lingo!?)

 

We’ve compiled a brief list of just 5 awesome Aussie entrepreneurs and startups to look out for in 2017 (there’s simply too many to name them all).

 

Indigital’s app ‘Indigital Storytelling’ uses drones, 4D mapping software, image recognition and cultural law to bring our (and international) indigenous people’s stories and culture sites to life. They also work to bring other entrepreneurs’ and companies’ visions into app form using their pretty intense tech. Founder Mikaela Jade has demonstrated it to the likes of the Prime Minister and has been on a number panels championing the efforts of Aussie women in startups.

 

Sydney’s Eora 3D have garnered a huge following and – according to one of their co founders, Richard Boers – have had a suprising level of interest from bigger companies. And it’s no wonder, with their super smart tech syncing up with your smartphone for 3D printing capabilities.

 

Making the Disrupt 100 list in 2016, Adelaide’s Humanihut is the only one of its kind that provides an all-in-one, out-of-the-box emergency shelter system. It provides emergency accommodation, toilet and shower facilities, as well as integrating with fresh water, sewerage disposal and power services. With a focus on assisting the world’s refugees and saving international aid agencies millions of dollars, the innovative Humanihut is a cost effective solution.

 

An e-learning management system founded by four dudes, GO1 enables people to quickly and efficiently train staff (and customers) online. This startup had more than $1 million invested into it by Shark Tank judge Steve Baxter and Tank Stream Ventures and is working with the likes of Oxford University to advance market research across Australia and the UK.

 

I know what you’re thinking – surely not another social media channel? Just hear us out. This social network comes with a massive difference: it has been designed to promote and reinforce positive interaction in communities. By ‘applauding’ good work and talent, the team behind Clapit wanted the content to be shaped by the audience. As well as celebrating emerging talent like artists and sports people, the founders of Clapit want to prevent rants and keyboard warriors by only allowing ‘reaction selfies’ not written comments.

 

Tech trends

  • In tech trends you should be looking out for in 2017, fintech is leading the charge. Chief Executive of FinTech Australia said that more and more fintech startups launching this year will give Australians more choice in their financial products and management, and bring even more competition to traditional banks.
  • Augmented and virtual reality (AR) could become the actual reality for many Aussie businesses. According to Business Insider, companies should start experimenting with innovative AR design and development to better engage with their customers.
  • According to Deloitte, a business’ Internet of Things (sounds like an amazing movie title but it’s actually: the interconnection via the Internet of computing devices embedded in everyday objects, enabling them to send and receive data) will continue to move towards a bolder approach to managing data, orchestrating events and extending IT systems and processes beyond traditional limits.

 

So there you have it. Lots of Aussie feel-good startups making the world a better place and fintech, un-reality and things on the internet trending in tech for 2017.

 

#startup

#startup

 

 

Quick heads up: The above links belong to a variety of websites and not Nimble, so clicking on, and using them, will take you away from Nimble’s website meaning we’ve got no control or responsibility over the content. Nimble does not endorse and is not affiliated or associated in any way whatsoever to the businesses named in this blog post.

The above post contains links to a variety of application software (“App, Apps”) that is not affiliated or associated with Nimble. We do not have any control or responsibility over the content of the Apps. Use of the Apps may be subject to further terms and conditions imposed by the App provider, the owner of the mobile operating system and/or other related parties.   

The information in this blog post is general information only and does not take into account your objectives, financial situation or needs.

The information contained in this blog is correct at the date of publication.