"Get the skills, get the network, attack a problem someone will pay you to solve"
Steve Baxter is one of Australia’s most accomplished investors & entrepreneurs. Currently the founder/CEO of Transition Level Investments, Steve successfully exited his second business – PIPE Networks – for $373m in 2010. On the media front, Steve was casted as a ‘shark’ as part of Channel 10’s acclaimed ‘Shark Tank Australia’. For this episode, we sit down with Steve to discuss the current state of entrepreneurship, why customers are the best source of capital & his best advice for those looking to start a business.
To learn more about Steve, you can follow him @transitionlvl & @stevebaxter.
If you’d prefer to watch instead of listen, head over to my YouTube channel @carterlagana.
Timecodes:
5:45 | Wealth creation & tall poppy syndrome
11:40 | Competition spurs innovation
14:20 | Uber: $25k to $124m
20:12 | Skills, network, find a problem
25:10 | Best capital comes from customers
30:00 | Work-life balance
34:55 | An interesting hypothetical
40:50 | Interested in tech but can’t code
42:12 | How Steve ended up on Shark Tank
47:06 | Not all deals go ahead
51:56 | Didn’t think I’d hear this
53:06 | The legacy Steve wants to leave
Credits:
Filmed & edited | @joelweaverfilms
Crew support | @menaalexander
Crew support | @nathantartaglia
If you’d like to keep tabs on what I’m up to, you can find me @carterlagana on all social media platforms.