How I grew Rask to $1 million, my small business journey | Australian Business Podcast [BONUS EPISODE]
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How did Owen prepare for launching Rask?
Property investors often talk about using debt to build wealth. In the share market, that's called gearing. With the BetaShares WealthBuilder range, investors can access moderate gearing into shares, and with the newly launched GG-BL, That means exposure to a diversified portfolio of around 1,300 global companies excluding Australia, all with no loan applications, credit checks, or margin calls. Gearing magnifies both gains and losses, so it's only suitable for investors with a very high tolerance for risk. You can learn more about the WealthBuilder range of ETFs at the BetaShares website. And don't forget to read the PDS and TMD to decide if it's right for you. BetaShares Capital Limited is the issuer.
Here's something worth knowing if you've been meaning to make the switch to a better broker. To celebrate their fifth birthday, Perla are offering three free trades a month for five months if you transfer your portfolio across with a minimum of $1,000. For anyone investing regularly, that's meaningful savings on brokerage that can stay invested instead. Perla is chess-sponsored, built specifically for long-term investors, and now has over $3 billion invested on the platform. If you've been with a platform that doesn't quite fit your strategy anymore, it might be time to take a look. You'll find all of the details at perla.com slash lp slash rask. That's perla.com slash lp slash rask. Hey there, here's a quick note.
This podcast contains general financial advice only. That means it's not specific to you, your needs, goals or objectives. So don't act on the information until you've spoken with your financial advisor. You'll find our full disclosure, disclaimer and link to our financial services guide in the show notes.
Hello, I'm Kate Campbell. And I'm Owen Rask. And you're listening to the Australian Finance Podcast.
A podcast where we talk about money, finance, investing and all that good stuff.
We're helping you invest your time and money better one podcast episode at a time.
Yes, so please subscribe if you like the series. And don't forget you can find us on social media. We're on all the platforms. Kate, where can people go?
You can find us on Instagram and Twitter at Rask Australia. That's R-A-S-K Australia.
And I'm Owen Rask on Twitter or Owen Rask AU on Instagram. Beware the imitators. People like to copy us. Without further ado, let's jump in to today's episode. Welcome to this very special episode of the Australian Finance Podcast. This is a bonus episode that we're bringing to you. In this episode, I'm taking a discussion that came straight from our Australian Business Podcast. That's our new series, our new podcast series, specifically focused on helping people start businesses, manage their business, and grow it. The Australian Business Podcast has been out for about a month or two in podcast players and we've had some amazing feedback so far. In this episode, I'm going to walk you through by myself how I built RASC, the ins and outs of the business and some of the trials and tribulations.
Even if you're not thinking about starting your own business, this is going to give you the inside scoop on exactly how I built our business and some of the, I guess, challenges that go into running any small business. If you love this podcast as much as I did creating it, please subscribe to the podcast series. The Australian Business Podcast is available on Apple and Spotify. You can ask me questions about your business and you can even take our free business course on Rask Education. Over 2,000 people have already enrolled and it's an amazing feeling getting all of the feedback and reviews on that course, but also hearing from you and the businesses that you've built. If you like this episode, be sure to head over to the Australian Business Podcast.
We'll be back with our regular programming on the Australian Finance Podcast in a couple of days. For the first 12 episodes of the Australian Business Podcast, which coincide with the lessons in the free business course, I'm going to take you through the essentials of running a small business in Australia or how to start one.
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