Today on StartupSmart, we look at how the advancing trend of the “lean start-up” can backfire if applied a bit too enthusiastically.
When Taryn Williams started WINK, a Sydney-based modelling agency, she sought to keep a lid on costs by doing everything herself.
Unfortunately, the desire to save money ended up hampering the business’ growth, as well as becoming a huge personal headache for Williams. She explains what she learnt from the experience.
Elsewhere, mentor Dean Ramler has some delivery tips for online retailers and Alan Hargreaves returns with his pick of the best business books on the market.
Finally, the StartupSmart Awards 2012 are open for entries. If you run one of Australia’s fastest growing or most innovative start-ups, these awards are for you. For more information, click here.
