Your 30-min guide to starting a business in Australia

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Australian Finance Podcast 42 min 2 speakers 2 chapters transcribed 3 months ago
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Unknown 0:00
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.
Unknown 0:45
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. Thanks for tuning in to today's podcast.
Owen Rask 1:27
Please remember that all of the information in this podcast episode is limited to general information only. That means the information is not specific to you, your needs, goals, or objectives. So you should seek the advice of a licensed and trusted financial professional before acting on the information. And before you acquire or apply for a financial product, please read the PDS or product disclosure statement, which should be available on the issuer's website. Lastly, please keep in mind that past performance is not indicative of future performance.
Owen Rask 2:02
In this episode of the Australian Finance Podcast, I want to take a moment to take you through how to build a business in Australia. Getting started, the things you need to know, including all of the paperwork, the back office, the admin, the marketing, all of the tips and tricks that I can think of in as little as 30 minutes. I hope you enjoy this episode of the Australian Finance Podcast. Have you ever sat back and thought that maybe you can do it better? If you're the type of person like I am, chances are you would have thought that quite a few times while you're out working, when you interact with a business, or when you see someone else running their own business. You think... Maybe that could be done better and maybe there's an idea there for me to go and pursue.
Owen Rask 2:48
This episode of the Australian Finance Podcast is all about starting a business in Australia. I'm going to give you a brief background on how I started our business and some of the key takeaways and lessons learned so you can fast track your own, I guess, project or business idea. One thing I want to emphasize, though, is if you enjoy this episode, can you please email me? Because for many years I've wanted to do a business podcast where I share some introductory episodes and interview some founders and business owners, whether they be small business owners or large business owners, to try and help other people in Australia unearth and unlock that entrepreneurial spirit that we all kind of feel deep down inside.
Owen Rask 3:32
So if you like this episode, please email me. You'll find a link in the show notes. First, I figured a really good way to get started on this journey was to talk about my story starting a business. For those who don't know, the Rask Group or Rask Australia, which is the business that we've created, is a business that services people online. We give investment advice. We do podcasts. We do articles. We do all different types of videos, courses, all these different things that kind of revolve around the finance industry.

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