Will Australia really see tougher drone regulations in 2015; Why failure is emotionally draining; How to know when it’s the right time to pivot

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Dear StartupSmart reader, Countries such as the US are moving towards more liberal regulations on drones and remotely piloted aircraft, but will Australia follow suit? Many Australian startups have pivoted into successful companies. But how do you know it’s the right time to change the direction of your company, or the product or service it provides? The distinction between retail and sophisticated investors will be crucial should the federal government adopt the key recommendations of the Financial System Inquiry, according to an entrepreneur who is helping to streamline the financial services industry. Don’t let the startup mantras and hashtags fool you. Failure is emotionally draining, physically exhausting and psychologically frustrating. Great marketing ideas can be found in unexpected places. Today, Amanda Jesnoewski has four tips to help your startup strike marketing gold. Also today we take a look at the book at the top of Mark Zuckerberg’s reading list. Kye White, Editor Will Australia really see tougher drone regulations in 2015? by Broede Carmody Whether it’s to do with people’s privacy or physical safety, everyone seems to love talking about drones and other remotely piloted aircraft (RPAs). VIEW ALL NEWS

Four things to keep in mind when considering a pivot by Broede Carmody Many Australian startups have pivoted into successful companies. But how do you know it’s the right time to change the direction of your company, or the product or service it provides? Technology the key to addressing compliance following Murray Inquiry by Broede Carmody The distinction between retail and sophisticated investors will be crucial should the federal government adopt the key recommendations of the Financial System Inquiry. Flopportunity: Why failure is an opportunity by Kunal Kalro Don’t let the startup mantras and hashtags fool you. Failure is emotionally draining, physically exhausting and psychologically frustrating. Four unexpected hiding places for great marketing ideas by Amanda Jesnoewski When it comes to crafting winning marketing messages you can often find inspiration in the most unexpected places.

THE NEWS WRAP: Kickstarter gives Amazon Payments the flick in favour of Stripe by Broede Carmody Crowdfunding giant Kickstarter has today announced it is partnering with global payments platform Stripe in order to process payments for Kickstarter projects. READ MORE Resourcing for growth: why you need a flexible hiring strategy by Elance-oDesk Waiting until your workload explodes is far too late to start looking for staff, and it’s no good simply being reactive if you want to grow quickly. READ MORE The book at the top of Mark Zuckerberg’s reading list by Eloise Keating Mark Zuckerberg has taken a lead from Oprah Winfrey and Bill Gates, launching his own book club to promote his New Year resolution to read a new book each fortnight this year. READ MORE