Media Room

EXECUTIVE COACHING PAYS OFF FOR FIVE TEC Member companies

May 2010

BRW

Five TEC Member companies made it onto the list of top 100 Fast Starters, as determined by Business Review Weekly (BRW) magazine.

The Executive Connection would like to congratulate the five member-companies featured in the BRW list of top 100 fast starters:

• #14 Apricus Australia (Chris Taylor);
• #15 E3 Style (Richard Chen);
• #29 Protegic (Matthew Curtain);
• #54 Plum Communication (Rachael Edginton); and
• #69 Appliance Tagging Services (Ainslie Allen).

It's no simple feat making it as a Fast Starter; businesses need to be trading since July 2005, with at least two years of fiscal revenue, along with turnover in excess of $500,000 in 08-09. They must have more than one main customer, have the majority of revenue not coming from Government grants or other start-up funding, not be a subsidiary of a multinational, and, if not a public company, have their revenue figures verified by an external auditor/accountant.

Being in a TEC group and sharing best practices with their peers have clearly paid dividends for these businesses.