Bill Gates reveals the three industries he’d dive into if he was starting out today

Dinushi Dias /

[Left to right] Warren Buffett, Melinda Gates and Bill Gates

[Left to right] Warren Buffett, Melinda Gates and Bill Gates

Artificial intelligence, energy and biosciences are “the most promising fields” to make an impact in today according to Bill Gates, and if he was starting out now, these are the areas he would tackle.

The Microsoft co-founder shared the insights in a tweeted speech to new college grads on Monday, during which he also explained what he wish he had known when he left college and what he believes to be the most important things in life.

“Intelligence takes many different forms,” said Gates.

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Twelve books every ambitious entrepreneur should read

Dinushi Dias /

Growing entrepreneurs with great ambition and sky-high goals are on a constant journey of learning. One way to drive this further and win new insights lies in reading books.

Microsoft billionaire Bill Gates says he has been reading about one book a week since he was a child.

“Even when my schedule is out of control, I carve out a lot of time for reading,” he wrote on his person blog.

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Top five government grants for startups

Dinushi Dias /

The government support offered to startups across Australia is the envy of many entrepreneurs around the world, but these grants can be a tough nut to crack.

The lengthy applications, process times and chance of rejection are enough to put most off, but for those who win it can be a game changer for their venture.

Here are five grants for the startup sector that may be well worth your time.

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Yes, your startup still needs a business plan

Jon Westenberg /

Yes, you should write a business plan – just because you’re a startup doesn’t mean you won’t need it.

I know business plans aren’t in vogue. They’re not popular. Many of the startups that I talk to either don’t have one or laugh at the idea of writing one.

They’ve read the Lean Startup and all they’ve taken away from the book is “fuck planning, startups don’t need it” — which totally misses the entire point of it.

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Five Australian business ideas that made millions

Nina Hendy /

Envato founders Cyan and Collis Ta'eed

Envato founders Cyan and Collis Ta'eed

The winning formula that goes into creating a business that not only succeeds but prospers financially isn’t easy to replicate. Otherwise everyone would be doing it. But sometimes startups go on to change lives, making their founders millions in the process. Here are the stories of five Australian business ideas that grew into multi-million dollar business ventures.

1. Envato

An ambition to travel overseas for an extended period of time was what initially drove an Australian couple to build an online business that last year turned over in excess of $50 million.

Collis Ta’eed and his wife, Cyan, wanted a business that would allow them to quit their successful freelance life and run a business from their laptops while enjoying some overseas travel, so they launched Envato with their best mate Jun Rung in 2006.

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