Tag Archives: Australia

What does it mean to have your own box… I mean business.

Two weeks ago, I was at the Young Entrepreneurs Unconvention, hosted by The Entourage, a community for Australia’s… young entrepreneurs of course. And Yes, you did read the name correctly, the event was clearly unconventional. Even if my main goal was to get some contacts for my thesis, my hidden aspiration was to find some inspiration and drive. And, oh boy, I did. This day was packed: amazing speakers, networking sessions, pitching competition…
But clearly I don’t want to rant about how great the event was because you wouldn’t care.
There is only one thing that came in contradiction with what my personal view of being an entrepreneur was, and it was actually what two of the speakers were all about. Jack Delosa, who heads up the Entourage, is one of Australia’s top entrepreneurs (he’s younger than me!) and is mentored by Domenic Carosa who was Australia’s youngest publicly listed CEO at 25 and is now running an investment fund focused on high growth internet companies.
Basically, their credo was: you have to start with the end in mind. In other words, entrepreneurs make the most money out of exiting a business. Most of your work should revolve around making your company scaleable and saleable. In any way, you usually end up outgrowing the business or getting outgrown.
You do have to agree that it is somewhat hard to accept when you want to start your business… Your great idea… Your passion… Your little baby, for which you have been spending so much time and money. You are bound to get quite emotional right?
Maybe it’s ego (you have to have some to go through all the hardships), maybe it’s just being an idealist. It’s just actually a problem that a lot of entrepreneurs face. It even arises as early as the point where you have to start delegating. Even if you know you have to get rid of everything that doesn’t generate income and is wasting your precious time. And even if selling doesn’t necessarily mean you’re not in charge anymore, it is still hard to know when you have reached that selling point.
In the end, maybe all you are left with, as Siimon Reynolds (who is as much a respected marketing expert as a fantastic speaker) says, is the fact that you are making the future of the world and having bigger balls than everyone else.
What do you think?

Too many Julias to put in a box

So everyone here in Oz is talking about it and it seems they are going to do so for the next week. If I was Australian, this election would probably be getting on my nerves. But since I am a freshly arrived newcomer, I am just finding all of it quite entertaining. So is debating with my housemates! Politics are a great way to know more about people, and with the elections, Australians are showing themselves in the nude. I am loving it! (no pervy intentions)

For those who would like to get filled in, check CNN’s Explainer

http://www.cnn.com/2010/WORLD/asiapcf/08/18/australia.election.explainer/index.html

The even lazier minds can have a look at this *how should I put this* interesting taiwanese view on the events. Mandarin not required.

However, this giant soap opera might be a little more complicated than what it seems. The patterns are reflecting in a way what we had in France in 2007. Tony Abbott shares many traits with Nicolas Sarkozy. So does Julia Gillard with Ségolène Royal. But the game was totally different, and the ending a lot more straightforward. I do note though that, beyond these battles of the sex, there is a global tendency of green parties being on the rise, and that immigration is always one of the no.1 electoral issues in the Western world (interestingly enough though, neither of both candidates were born in Australia). This country does have many challenges to face, but from a European point of view, they are quite hard to grasp. A territory of this size, with such a small population, and an economy which has come out of the crisis practically unharmed… The fears concerning their population expansion would seem laughable to us but they are real. They are having to deal with sustainability and unemployment like everyone else. Now I am here I do realize that my prospects for my future in Australia are getting scarcer everyday.

Anyway, let’s stay positive! Last tuesday, a friend invited me to an event organized at UTS by Vibewire, an local “innovative non-profit youth organisation providing media, arts & entrepreneurial opportunities and events for young people” (now that’s what I like – check them out!). They got together 4 Julia Gillard impersonators and staged a debate between them. If you are not afraid of venturing into Australian humour and middle aged women dancing to Kesha, you should watch these videos. They dont reflect half of the fun I had that night, but they do offer however a less grim take on Aussie politics.