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Funding, pronouns & productivity

May 31, 2024

1. Are you breaking ground in your startup and want to shout from the rooftops? Check out the Startup Daily Best in Tech Awards - submissions close June 10. 

2. Did you notice that the term ‘startups’ was only mentioned once in the 2024 federal budget? This could potentially have a profound impact on our startup ecosystem.

3. Locally grown Airwallex slid from its $17.5m profit in 2022 to an $11.4m loss in 2023 in its Australian business arm due to a sharp increase in transaction costs and swinging FX rates. 

4. Australian company Melodie licenses music to influencers, businesses, and other online video creators and has just raised $1m in bridge funding. 

5. What pronouns should you use across your different communication channels? This article purports that using certain pronouns such as ‘I, we, us, you, your’ can increase revenue by 7%.

🖊️Creating presentations, websites, and documents can be automated entirely with the Gamma app. Using AI, you enter a topic and select the content form and style you want, and hey presto, it’s ready. 

📅 Calendly isn’t new, but they’ve released an enhanced Chrome extension that lets you manage your meetings, scheduling links and contacts without changing tabs. 

✍️ If you’re looking for creative AI prompts, check out Google’s TextFX, a tool built for ‘rappers, writers and wordsmiths’. We might not be any of those, but we had some fun.

Productivity hack

Attaching a PDF to your Xero invoices

When you issue invoices in Xero, you can include a PDF attachment. We highly recommend doing this every time. By attaching the PDF, the recipient’s accounting software will read the information automatically, reducing manual data entry mistakes such as invoice amount, due date, GST, etc.

***

We’re always happy to answer any questions, so hit reply and let us know what’s on your mind, what you’d like to hear from us in the future, and if there are any niggling accounting questions.  

Stay updated with us on LinkedIn for some handy tips each month.

That's just our two pennies' worth.

Liam and Amy, co-founders of Project Alfred

(changing the way people think about accounting)

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