Australian Business Podcast: Recent Episodes
Rask Australia
The Australian Business Podcast is about building, managing and leading a successful business in Australia. Whether you're drawing a business plan on a serviette, have a growing side hustle, you run a business with 10 employees or 100, this podcast will teach you how to grow, manage, market and steer your business to success.
Business Starters course: https://education.rask.com.au/courses/free-business-course
Find Owen on Twitter: @owenrask or Instagram: @owenraskau
General Financial Advice, Tax & Legal Warning The information in this podcast is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. The Rask Group Pty Ltd is NOT is a licenced tax agent or law firm. If you donât know what your needs are, you should consult a trusted and licensed financial adviser, tax agent and/or lawyer, who can provide you with personal financial product advice, tax advice and legal advice. Please read The Rask Group's Terms & Conditions and Financial Services Guide on our website before acting on the information in this podcast.
Question and answer sessions are BACK! Keep them coming in! In this episode of The Australian Business Podcast, your co-hosts Jordan Kidis and Danil Goloubev try their first-ever SOLO episode. How did they go? In this episode, the business experts discuss the how, when, what and where of using finance to grow your business -- from mortgages to lines of credit and equipment finance. If you're looking for alternative ways to finance your business, this is it. GET IN TOUCH (below) Rask Events Roadshow: https://www.rask.com.au/road Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching: https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices
Emma Edwards is followed by over 50,000 on Instagram, is a behavioural finance expert, business owner and two-time podcast host. In this FILMED episode of The Australian Business Podcast, Owen Rask and Emma Edwards from The Broke Generation break down some of the most important emotional aspects of running a business, including how to overcome imposter syndrome, invest for growth, price your products and services properly, celebrate your wins, and build an online brand. In sharing her story, Emma breaks down the insights, methods and strategies she has gathered from running The Broke Generation podcast and The Broke Business podcast. Episode resources:
The Broke Generation podcast
Broke Business podcast
Emma's website
Emma's Instagram
GET IN TOUCH (below) Rask Events Roadshow: https://www.rask.com.au/road Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching: https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices
Steve Sammartino is Australia's leading futurist. In this cross-posted Rask podcast (from The Australian Investors Podcast), Steve joins Owen Rask for an in-depth discussion on starting and running a tech business, artificial intelligence, farming and philosophy. Steve is one of the world's most engaging and thought-provoking keynote speakers on the future of technology, entrepreneurship and marketing. He has spoken to over 500,000 people in audiences around the world, including Asia, India, Europe, Africa, the USA and is a regular in China. In this episode, Owen and Steve discuss:
Steve's model for predicting the future
Artificial intelligence (AI) and large language models
Why everyone in business is faking it
The perception and reality of business and investing
General intelligence versus superintelligence
Why Steve thinks Tesla is overvalued
Human-computer interaction and where we could go from there
Episode resources:
Video version & show notes
Steve Sammartino on The Australian Finance PodcastÂ
Steve Sammartino website
Steve Sammartino on socials
Tiktok
~~ Investor resources ~~
Rask Events Roadshow: https://www.rask.com.au/road
ASK A QUESTION HERE
Join Owen's Rask Core đ â $9.99 per month
Get financial planning advice
Mortgage broking
Owenâs FREE investor bootcamp: bit.ly/rask-analyst
Take Owenâs brand new Value Investor Program, which gives you all the tools and knowledge you need to invest successfully in companies, including valuation spreadsheets, investing checklists and ASX company case studies. Alternatively, why not take Owenâs FREE investor bootcamp: bit.ly/rask-analyst Make Owen smile đ If you want to thank us for putting this show together, please give The Australian Investors Podcast a 5-star review on Apple Podcasts or Spotify - itâs a 5-second task that really helps support the show (and puts a big smile on Owen's face). ~~ Our amazing partners ~~ Download the free Investing in Gold report from Rush Gold Do you want to invest in gold in a tax-effective, cost-effective and convenient way? Our friends at Rush Gold are leaders, showing the world what can happen when finance, technology and secure gold holdings can be combined. Get the free Rush gold report: https://bit.ly/r-gold J.P. Morgan Asset Management The Australian Investors Podcast series is proudly supported by J.P. Morgan Asset Management. J.P. Morgan Asset Management provides opportunities to strengthen and diversify investment portfolios through alternative income strategies with the JPMorgan Equity Premium Income ETF (ASX: JEPI), currently the worldâs largest active ETF with assets under management of USD25.49 billion (as at 16th May 2023). For more information, visit their website. Join The Intelligent Investor & save This podcast is brought to you by The Intelligent Investor, Australia's premier investment research membership service. Use the code "RASK", to get $100 off your annual membership or get a free 15-day trial (no credit card details required): đ Click here for a free 15-day trial đ¸Â Click here to join today ($100 off)
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If youâre confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices
Question and answer sessions are BACK! In this episode of The Australian Business Podcast, your co-hosts Owen Rask, Jordan Kidis and Danil Goloubev discuss the best practice for having a business with a friend, how and when to pay yourself, tax on offshoring jobs and how the Government's recent tax boost works. WATCH the video version: https://www.youtube.com/watch?v=aZEByZnyQdc GET IN TOUCH (below) Rask Events Roadshow: https://www.rask.com.au/road Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching: https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices
If you're an Australian small business owner who, like us, is constantly stuck in day-to-day and then get bogged down by unnecessary things, this episode will help you come up for air and grow. ~~ Resources ~~ Rask Events Roadshow: https://www.rask.com.au/road Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching (beta): https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Hang on a minute... Owen Rask is being interviewed by co-hosts Jordan and Danil?! That's right ladies and gentlemen, this is an extra special episode of The Australian Business Podcast because in this episode Owen is "grilled" by his two co-hosts on why he decided to launch a business coaching and consulting business. In this episode, Owen, Jordan and Danil discuss:
The importance of having a business coach or adviser
Why Owen uses a coach and why he advocates for it
How to approach business coaches and get advice
The types of coaches
How you might pay a business coach
How much is too much to pay a business coach?
~~ Resources ~~ Rask Events Roadshow: https://www.rask.com.au/road Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching (beta): https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices
Is Xero still the best for accounting? Is Xero better than Quickbooks and MYOB? WATCH THE VIDEO VERSION: https://youtu.be/EfVMLoCNqRM In our 5 best Xero hacks, tricks, and Xero marketplace integrations episode of The Australian Business Podcast, Danil and Jordan (qualified accountants) and Owen Rask (analyst and business coach) talk about the pros and cons of Xero, our favourite Xero integrations and what you should know about the Xero marketplace. Jordan, Danil & Owen's 5 top Xero hacks:
Payroll hub and Super clearing house
Software integration
Quoting, Invoicing and reminders
Bill/Payables tracking DEXT or Hubdoc integration
Online and easy/ same file as your advisor
If you're a small business owner who, like us, is constantly stuck in day-to-day and then get bogged down by financials and things like invoicing, you will LOVE this episode. This episode is packed full of fantastic insights for tradies, e-commerce and consulting businesses. ~~ Resources ~~ Rask Events Roadshow: https://www.rask.com.au/road Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching (beta): https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices
On The Australian Business Podcast this week (don't forget, we go live twice a week), I -- Owen Rask -- catch up with my co-hosts Danil Goloubev and Jordan Kidis to talk about franchises AKA "businesses in a box". This Australian Business Podcast episode was prompted by a question from a loyal Rask podcast listener, who asked: I am a Physio planning to start my own Clinic (small business). I am torn between joining a Pre existing Physio franchise group (with processes and structures already in place) or starting my own clinic and trying to climb that mountain myself! What factors would you consider when making a decision on this conundrum? Any advice from the Finnies is appreciated! If you agree or disagree, have experience with franchises or if this episode helped you, get in touch with us using the "ask a question" link below. ~~ Resources ~~ Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching (beta): https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices
On The Australian Business Podcast this week (don't forget, we go live twice a week), I -- Owen Rask -- catch up with my co-hosts Danil Goloubev and Jordan Kidis about:
How to outsource
What you can outsource
What to watch out for when you outsource
Risks of outsourcing
Jobs that should be outsourced
~~ Resources ~~ ATO page on electric vehicles: https://www.ato.gov.au/Business/Fringe-benefits-tax/Types-of-fringe-benefits/fbt-on-cars,-other-vehicles,-parking-and-tolls/electric-cars-exemption/ Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching (beta): https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices
Hnry is a super-fast-growing Kiwi financial technology company that claims to do everything finance and tax related for sole traders... for a 1% fee. Take note: it's Henry -- but without the 'e'. WATCH THE VIDEO: https://www.raskmedia.com.au/2023/06/27/xero-risk-hnry-accounting-karan-anand In this FILMED episode of The Australian Business Podcast, Karan Anand, Australia CEO of Hnry and Chief Strategy Officer, joins Owen Rask for a deep dive into the platform, his impressive background the problems with big finance. In this episode, Owen and Karan discuss:
Does Hnry manage your finances and do your tax return for just 1%?
Why most small businesses fail
Karan's background before Hnry
The story behind Hnry and how it rose rapidly despite Xero, Quickbooks and others
Does Hnry work for tax questions?
Does Hnry work for companies?
Why would someone chose Hnry over Xero, Thriday or MYOB?
Save $25 on Hnry with coupon code "Rask": https://bit.ly/hnry Watch a demo: https://youtu.be/mjEIQJwy4Sc Karan's award: https://www.linkedin.com/posts/karanviranand_great-to-be-in-melbourne-last-night-at-the-activity-7066886071652913152-Sjyj ~~ Series resources ~~ Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching (beta): https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Danil just had a baby (congrats!), Jordan just bought a Tesla, and Owen... also placed an order for a Tesla (even though he LOVES his banged-up old Subaru). Almost every person or business owns a vehicle for business and private use. And too many think a car is 100% tax deductible - which is not often the right answer. In this episode, Owen, Danil and Jordan explain:
How to work out if your car is tax deductible
Why does it make sense to buy a base model Tesla with ATO rules? (Check Luxury Car Tax)
What does Fringe Benefits Tax (FBT) means and how to calculate it
How to calculate depreciation on your car using the logbook
How to do a logbook and remind yourself
How much can tradies claim on their car?
Can office workers claim the cost of a car?
~~ Resources ~~ ATO page on electric vehicles: https://www.ato.gov.au/Business/Fringe-benefits-tax/Types-of-fringe-benefits/fbt-on-cars,-other-vehicles,-parking-and-tolls/electric-cars-exemption/ Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching (beta): https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent.
Jodi Stanton is the co-founder of Rush Gold, an Australian platform enabling people to buy, hold, sell, invest and transact in gold 24/7. From as little as a couple of dollars to $10,000 or up to a million, Rush Gold helps investors get direct exposure to gold for as little as 1% with capped fees. This podcast takes you along the journey of how Jodi Stanton navigated her life from a super-entrepreneur to Yale University to a Wall Street actuary testifying before courts. Jodi explains how a trip around the world on a bike and a move to Australia led to the re-birth of a 'gold standard' style financial services platform, Rush. Please note this podcast with Rush Gold is a sponsored episode. ~~ Resources ~~
Rush Gold free investing report: https://bit.ly/r-gold
Jodi's LinkedIn: https://www.linkedin.com/in/jodistanton
Take Owenâs brand new Value Investor Program, which gives you all the tools and knowledge you need to invest successfully in companies, including valuation spreadsheets, investing checklists and ASX company case studies. Alternatively, why not take Owenâs FREE investor bootcamp: bit.ly/rask-analyst Make Owen smile đ If you want to thank us for putting this show together, please give The Australian Investors Podcast a 5-star review on Apple Podcasts or Spotify - itâs a 5-second task that really helps support the show (and puts a big smile on Owen's face). ~~ Our amazing partners ~~ đ Download the free Investing in Gold report from Rush Gold đ Download here: https://bit.ly/r-gold J.P. Morgan Asset Management The Australian Investors Podcast series is proudly supported by J.P. Morgan Asset Management. J.P. Morgan Asset Management provides opportunities to strengthen and diversify investment portfolios through alternative income strategies with the JPMorgan Equity Premium Income ETF (ASX: JEPI), currently the worldâs largest active ETF with assets under management of USD25.49 billion (as at 16th May 2023). For more information, visit their website. Join The Intelligent Investor & save This podcast is brought to you by The Intelligent Investor, Australia's premier investment research membership service. Use the code "RASK", to get $100 off your annual membership or get a free 15-day trial (no credit card details required): đ Click here for a free 15-day trial đ¸Â Click here to join today ($100 off) DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If youâre confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
The economy is on the rocks. Your business could be about to get knocked. Don't leave your business strategy to chance! The Australian Business Podcast is back and your host Owen Rask speaks with Jordan Kidis, co-founder of Grey Space Advisory, about their 8 best tips for managing your business in the new financial year. These business tips are simple, effective and can be implemented right now. Owen & Jordan's tips for the new FY:
Get the optimal number of bank accounts: how to manage your finances day-to-day. Jordan suggests two bank accounts.
Use software (use Xero for good sized businesses, and perhaps Hnry for tiny businesses).
Know how much cash to put aside for tax. Scott Pape recently said he puts 35% away. Is that too much?
Automation - tradies and self-employed - get the ATO app. Everyone: take photos of every receipt and upload to Xero.
Use e-commerce tools (even if you're not in ecom). If you sell a product or service, ask yourself, can it be done online via a website? Think courses, consulting packages, memberships, etc. or even merch?
Have a centralised planner for content and your team's resources.
Put 3 hours aside every month, same day, same time, to retro (look back on the month) and look forward.
We're biased but get an expert: the cost of good accounting and bookkeeping isn't much when you consider the return from great advice. If your accountant isn't pulling their weight, shop around now!
~~ Resources ~~ Ask a question: https://bit.ly/3QtiY00 Grey Space website: http://bit.ly/3DG5lWS Free business course: https://bit.ly/rask-biz-course Owen Rask's business coaching (beta): https://bit.ly/coach-owen This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. â  Grey Space Advisory â accounting today for a smarter tomorrow Do you get stuck worrying about your businessâ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danilâs expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this â for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. âď¸ Rumble Coffee Roasters â our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you donât know what your needs are, you should consult a trusted and licensed financial adviser or tax agent.
Dr Sam Hupert joins Owen Raszkiewicz on The Australian Investors Podcast to talk about the business he started with Anthony Hall, Pro Medicus Ltd (ASX: PME), back in 1984. Owen and Sam talk about:
Starting a technology business before personal computers
The growth of medical imaging
The future of medical imaging
How Sam Hupert thinks about capital allocation
Culture at Pro Medicus, hiring and the incentive structures for success
Dr Sam Hupert is a doctor, a long-serving public company executive, one of the wealthiest people in the country, and so much more. On top of all that, he is a very kind, generous and thoughtful person.
SHOW NOTES: https://www.raskmedia.com.au/podcasts This Australian Business Podcast Episode is for founders and investors in private companies. Join 2,200 students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Australian Business Podcast resources
Owen Raskâs free business course
Ask a question
Ladies Finance Club
Say G'day to The Australian Business Podcast partners Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
In Australia, you now need to get yourself an ATO Director ID number and report it against your name. Here's what you need to know about how to get the Director ID. As I say in the podcast, I did it in 5 minutes but it might take you a little longer. FULL INSTRUCTIONS: How to get a director's ID
Note: Owen is not a registered tax accountant or tax lawyer. Just a business owner and investor. Go speak to your accountant before acting on this information.
Andrew Henshaw is a founding partner and managing director of Velocity Legal, a legal firm designed to help new and existing business owners manage all of their legal matters -- from complex tax situations, setting up your legal structure (properly!), commercial deals (buying and selling a business), and so much more. Andrew Henshaw sat down with Owen Rask on The Australian Business Podcast, Australia's leading podcast series for business owners, to talk about his business, and the lessons learned from advising hundreds of businesses throughout Australia. SHOW NOTES Topics covered with Andrew Henshaw of Velocity:
Andrew's journey starting Velocity Legal with his partners and scaling it to 30 staff
When it comes to a business owner thinking about the structure of their business (sole trader, trust, company or partnership) do you have any broad rules of thumb for how people can think about these structures for legal and tax purposes?
How hard is it to switch between structures as the need arises?
In what circumstances, or when, might someone consider switching from a sole trader to a company structure for tax benefits?
When it comes to someone choosing between a trust or a company for risk/legal reasons, how do you make a distinction? Is it possible to use both?
Is it possible to protect family/personal assets from a business?
Andrew Henshaw's advice for business owners looking to sell their business:
From a practical perspective - steps to take
From a legal and tax perspective - maximising your sale price
What's one thing that separates great business owners from the rest?Â
This Australian Business Podcast Episode is for founders and investors in private companies. Join 2,200 students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Australian Business Podcast resources
Owen Raskâs free business course
Ask a question
Ladies Finance Club
Say G'day to The Australian Business Podcast partners Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Molly Benjamin is the founder of Ladies Finance Club, an in-person and online platform for connecting women with each other -- and their finances. In this Australian Business Podcast with Molly Benjamin, your host Owen Rask asks Molly how Ladies Finance Club came into existence, why women meeting to talk about money makes sense and how she scales her business. Then, in the second half of the podcast, Molly shares some of the wisdom she has gathered from her community. Things such as money saving tips, what holds women back from investing and so on. There's something for everyone! SHOW NOTES: This Australian Business Podcast Episode is for founders and investors in private companies. Join 2,200 students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Australian Business Podcast resources
Owen Raskâs free business course
Ask a question
Ladies Finance Club
Say G'day to The Australian Business Podcast partners Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Alisha Henderson is the creative genius and go-getter behind Sweet Bakes cakes, the author and designer of the Storybook Sweets, speaker, Instagramer and so much more. This podcast was recorded mid-2020 and original featured on The Australian Finance Podcast. But it was too good to pass up. Alisha's journey with Sweet Bakes started when she was just 19, it's been profitable since day one and has experienced incredible growth as she meticulously crafted her brand, marketing strategy and lived her life "with total joy". Alisha is one of the highest energy and positive young people I -- Owen -- have come across. It was my pleasure to talk with this inspiring young business person about hustling, online marketing, motivation, mindfulness, sticking your neck out, scaling a business and more. We hope you enjoy it! SHOW NOTES: https://bit.ly/AlishaHenderson This Australian Business Podcast Episode is for founders and investors in private companies. Matt Vitale & Owen Rask share their journies and lessons learned from being exposed to hundreds of businesses. Join 2,100 students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Australian Business Podcast resources
Owen Raskâs free business course
Ask a question
Sweet Bakes website
Sweet Bakes Instagram
Alishaâs childrenâs picture book series â Storybook Sweets
Say G'day to The Australian Business Podcast partners Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Wayne Hooper is the CEO of Laserbond Ltd (ASX: LBL), a $90 million business listed on the ASX that performs surface engineering. This episode first appeared on The Australian Investors Podcast. Wayne Hooper sat down with Owen Rask on The Australian Investors Podcast at Laserbond's Sydney-based factory in Smeaton Grange. Full show notes: https://www.raskmedia.com.au/2022/10/26/laserbond-lbl-wayne-hooper/ Video version: https://youtu.be/1Sr2c07Z0HA
This Australian Business Podcast Episode is for founders and investors in private companies. Matt Vitale & Owen Rask share their journies and lessons learned from being exposed to hundreds of businesses. Join 2,100 students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Australian Business Podcast resources
Owen Raskâs free business course
Laserbond Ltd website
Ask a question
Email Owen
Say G'day to The Australian Business Podcast partners Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
The Australian Business Podcast welcomes Matt Vitale, co-founder of Birchal â one of Australiaâs best crowdfunding platforms. Matt Vitale talks with Owen Rask about his journey in building Birchal, the lessons learned from helping over 100 founders and why selling shares to raise capital can unlock growth. VIDEO VERSION: https://youtu.be/1Sr2c07Z0HA Please note: Matt is uniquely positioned to talk about small businesses, how crowdfunding works, how to attract investors into your business and the opportunities for growth. However, itâs important to understand that investing in private companies can be very risky. Nothing in this top Australian Business Podcast episode said by Owen or Matt should be considered as financial or legal advice, and The Rask Group Pty Ltd strongly encourages all founders to get expert advice before raising capital â and for investors to speak with a financial adviser. This Australian Business Podcast Episode is for founders and investors in private companies. Matt Vitale & Owen Rask share their journies and lessons learned from being exposed to hundreds of businesses. Join 2,100 students in our free business course! If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Australian Business Podcast resources
Owen Raskâs free business course
Sell part of your business on Birchal
Invest in a private company
Know of the risks of crowdfunding
Ask a question
Email Owen
Say G'day to The Australian Business Podcast partners Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.Â
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Australian Business Podcast, Australiaâs newest top business podcast welcomes Joe Molloy, co-founder of Rumble Coffee Roasters in Melbourne, to walk us through:
How coffee is made
Who makes money in cafes
Finding great baristas and staff
How a cafe can make bigger profits â Joe estimates the best cafes could turn over $1 million per year!
Common mistakes to avoid in building a cafe
The best tools and software to build a cafe from scratch
Joeâs advice for all cafe owners
Podcast video: https://www.raskmedia.com.au/2022/10/11/1-million-cafes/ Site tour video: https://youtu.be/z_mAkzrTREc Want to learn more? Take our free business course If you liked this episode, donât forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Australian Business Podcast resources
Rumble Coffee Roasters tour:Â how coffee is made
Rumble Coffee Roasters
Owen Raskâs free business course
Ask a question
Email Owen
Say G'day to The Australian Business Podcast partners Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.
As Warren Buffett famously said, âI am a better investor because I am a businessman, and a better businessman because I am no investor.â Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
Australian Business Podcast episode #12 is now live on the Rask network: when you get paid. Many Australian small business owners will work months at a time, without a day off. Many of us do 10-12 hour days, sacrificing time with family and friends. Most of us will work for weeks, months or years â without taking a salary. All of us take our work home, whether we show it or not. This is normal. As a result, I often see many of us going a long time without putting ourselves first.
In part 12 of The Australian Business Podcast I simply want to remind you that it's okay to pay yourself -- and to pay yourself well.
What's your ramen number? As my shareholder told me, your 'ramen number' is the absolute minimum amount of money it takes to keep your business running -- the bare essentials. Calculating your ramen number means stripping your business back to only the absolute essentials. Every business should know their ramen number -- because it'll help you prioritise your spending, make bigger profits and discover new ways to be profitable. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Australian Business Podcast episode #11 is now live on the Rask network: the 6 ways your business will definitely die â ď¸. Remember, at least 40% of Australian small businesses fail within 5 years. So, yes, this is as scary as it sounds. Your business will definitely die if you do these 6 things. I all but guarantee it. You: âOwen, this business thing is daunting enough as it is, why on earth are we talking about this stuff now?â Queue a Charlie Munger quote⌠It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.Charlie Munger, billionaire investing partner of Warren BuffettThere are two reasons we should talk about business failure right now:
As Charlie says (above) itâs often easier to avoid doing something dumb than it is to be perfect â so letâs avoid doing something dumb before we try to be brilliant little business owners.
Around half of businesses started today wonât be alive in 5 years â letâs focus on surviving to the finish line. Put another way, instead of trying to finish first, letâs first finish.
My six reasons your business will die include:
You fail to plan 𤪠(remember to use our free business course workbook)
You overcapitalise đ° (spend before you need it)
You take on expensive leases âď¸
You avoid looking at your finances đ
You fail to market⌠aggressively đ
You burn out đĽľ
Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Australian Business Podcast episode #10 is now live on the Rask network: my best software, apps and tools for small business owners. In this episode, I -- Owen Rask, founder of The Rask Group -- dive into my favourite tools for small business owners.
- Design â Canva â Link đ¨
2. Xero â accounting, HR, Super & Tax đ§Ž
- WordPress â More advanced website builds đŠâđť
4. Google Workspace đ¨âđť
- Payment terminals â Smartpay or Square đ§ž
You can download our business plan template on Rask Education.
Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Managing your tax, HR & superannuation is a key part of running a small business in Australia. But it's confusing. Australian Business Podcast episode #9 is now live on the Rask network: managing your small business HR, Super & tax. This episode of The Australian Business Podcast is designed to go with lesson 9 of Rask's free business course: managing business admin. In this episode, I -- Owen Rask, founder of The Rask Group -- dive into the following business topics:
Creating an employee welcome pack
Creating checklists for:
Your HR/manager to follow
A job description template
A 'day one' checklist for a new employee
How to pay Super using Xero or Quicksuper
How to get Workcover/Worksafe certificates
How and when your business will pay tax
Income tax
PAYG tax
Business Activity Statement (BAS) and what it means
When to register for GST - and how to check another business is registered for GST
Payroll tax
My 10 "must know" tips for managing your small business admin (see below)
My 3 business hacks
Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Accounting for small businesses is confusing and a leading cause of small business fails in Australia. Australian Business Podcast episode #8 is now live on the Rask network: understanding the basics of accounting for small businesses. A great accountant is worth their weight in gold but the reality is no one will ever care for your business as you do â so itâs vital you understand whatâs happening with your business. Lack of understanding the finances of your business is the number-three đĽ reason most small businesses fail. In this episode, I -- Owen Rask, founder of The Rask Group -- dive into the following business topics (with simple accounting case studies):
Why accounting doesn't have to be a scary word
How you can save your business by knowing the basics of accounting
The difference between turnover, cash flow, profit and revenue
Bank overdrafts and how they can smooth your cash flow
What "payment terms" are and why they are so important
Multiple case studies
Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Sole trader, ABN, company, ACN... what's the difference? Australian Business Podcast episode #7 is now live on the Rask network and we're tackling how to choose a business structure to suit your business needs. In this episode, I -- Owen Rask, founder of The Rask Group -- dive into the following business topics:
Company legal structures - pros and cons
Sole traders - pros and cons
Partnerships - pros and cons
Trusts - including family/discretionary trusts and unit trusts
3 case studies and my business structure suggestions:
Jenny, the hairdresser đââď¸
Scott, the plumber on a missionđ°
Gavin & Cassie, the architects đ
Enrol in our free business course and view this tutorial
Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Australian Business Podcast episode #6 is now live on the Rask network: how to get money to finance your small business -- using cash savings, loans or equity. This episode aligns with Lesson 6 of the Rask free business course. Note: if you're looking for a business partner, adviser, coach or investor in your business idea, I want to hear from you. I'm actively looking for small businesses that I (or my network) can support. Get in touch with me. Â I highly recommend avoiding debt, especially when your company is new. If your debt is secured against you or your home (for example), the bank can come for you or your home if your business fails.In this episode, I -- Owen Rask, founder of The Rask Group -- dive into the all-important topic of financing your business:
Using savings to grow your business (and working out how much you'll need)
What you'll need to do in order to get a business loan:
Details on your personal financial situation
The businessâ accounts (if any)
Anything that can help you prove to the bank that your business will work (market research, competitor examples, your experience, etc.). See our lesson on business plans -- you'll need a proper business plan.
Selling equity
You'll probably need a company structure, which also requires a shareholders agreement (Legal Vision has a free template)
Using "sweat equity" to motivate employees
Getting money from friends, family and the faithful
Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Australian Business Podcast episode #5 is now live on the Rask network: Australian small business experts you want on your team. In this episode, I -- Owen Rask, founder of The Rask Group -- dive into the following business topics:
Business names, and how to get one
ABNs versus ACNs - and which one you need
The difference between copyright and trademark in Australia
Bookkeepers - and how much bookkeepers charge
Accountants - what they do and how much accountants charge
Lawyers - do I need a lawyer for my small business?
Technology professionals and why I'd avoid building a custom website
How to save on business design costs with Canva & freelancer/Fiverr
Before you do anything, make sure your businessâ web domain is available by searching for it on crazydomains.com.au. Even if you donât want a website right now you may as well pay the $15 or $30 to secure the web address. This episode of The Australian Business Podcast aligns perfectly with lesson five of Rask's free business course: small business experts.
You can download our business plan template on Rask Education.
Please note: if you're confused about business 'structures', like companies, trusts, "sole trader", etc. that'll be covered in episode 7 of The Australian Business Podcast -- but it's available right now in our free business course. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Australian Business Podcast episode #4 is now live on the Rask network: marketing your business. 17% of Australian small businesses fail because they fail at marketing (and sales). This Australian Business Podcast helps you avoid that fate. In this episode, I -- Owen Rask, founder of The Rask Group -- dive into the following Australian small business topics:
How to market a business
Why marketing is essential and much easier once you know your customer
Picking the right social media platform to grow
The difference between organic and acquired growth
Permission marketing and how to use it
Robert Cialdini's 6 principles of persuasion (and how they can power your small business) đ
Calculating marketing return on investment (ROI) through Customer Acquisition Cost (CAC) and Lifetime Value
Product-market fit (and why it won't happen straight away)
Why email marketing is still #1 for digital sales đ§
My top 5 tips for marketing your business
This episode of The Australian Business Podcast aligns perfectly with lesson four of Rask's free business course: marketing your business. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Australian Business Podcast episode #3 is now live on the Rask network: creating a business plan and knowing your customer. In this episode, I -- Owen Rask, founder of The Rask Group -- dive into the following business topics:
Creating a business plan
Factors to consider when planning a business
Knowing what should go into a business plan
Why the banks require a business plan
Building a customer profile (and why this is vital)
Free business templates
This episode of The Australian Business Podcast aligns perfectly with lesson three of Rask's free business course: building business plans. You can download our business plan template on Rask Education. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. Podcast resources
Owen Raskâs free business course
Ask a question
Email Owen
Business Podcast show notes
Say G'day to The Australian Business Podcast partners  Rask â Get Owenâs best investing research The Australian Business Podcastâs official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether youâre new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.  Rumble Coffee Roasters â our first partner! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. They pay farmers fairly so that they can invest in their land, their employees and their communities. You can buy some beans to drink at home or in the office via rumblecoffee.com.au. Alternatively, if youâre a coffee shop owner â get in touch and discover better ways to serve your customers. Tell them Rask sent you.
The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you donât know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
Australian Business Podcast episode #2 is now live on the Rask network, and I'm thrilled. In this episode, I -- Owen Rask, founder of The Rask Group -- dive into a small business' most important asset: you. This episode of The Australian Business Podcast aligns perfectly with Lesson Two of Rask's free business course. đĄHow many Australian businesses fail: itâs estimated around 40%-60% of new Australian small businesses wonât survive the next 5 years. I suspect a big reason for small business failure can be put down to a failure to prepare. Australian Business Podcast episode 2 outline:
Your number-one business asset is you
"What are you prepared to sacrifice?" Melissa Browne's advice on budgets applies to business
Creating a vision board before you launch your business
Following the money - why it's bloody hard but the key to business success
Image source: Australian Business Podcast & Rask's free business course
Side hustles versus small businessesÂ
"Don't test the water with both feet" - Warren Buffett
Owen's advice, and getting a Suga Mumma and Suga Daddy -- it's not what you think!Â
The three stages of small business owner's skillset (from Emyth)
Technician đââď¸ - be great at what you do
Manager đââď¸ - achieve greatness by letting others thrive
Entrepreneur đ§ - motivation and strategy define success
Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews. đ RESOURCES đ
Owen Rask's free business course
Ask a question
Email Owen
Australian Business Podcast episode #1 is now live on Rask. Listen to Owen Rask's journey in building Rask Australia from a Mac, Officeworks desk and a living room into a finance brand that is nationally known and includes around 17,000 students, 4,000+ members and 100,000 listeners, readers or viewers. This top episode of The Australian Business Podcast aligns perfectly with Lesson One of Rask's free business course. Australian Business Podcast episode outline:
The inside scoop of how the Rask business (the owner of this podcast) actually works
Owen's four stages with Rask:
Preparation đ
Inception đą
Traction âď¸
Inflection đ
Owen's phone call with Scott Pape
Harsh lessons learned
Where Rask is today
Love the Australian Business Podcast? Let us know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. ASK QUESTION đââď¸ Please use the âAsk a questionâ menu link on the Rask websites, or leave your questions in the Apple Reviews.
The Australian Business Podcast is brought to you by Rask Australia.In episode 2, Owen provides an overview of the Rask Business Podcast series, introduces the Rask Business Starters Course.Very quickly, you'll discover what it takes to build a successful, or simply, how to start a business in Australia.To get in early and enrol in the Business Starters Course (launching March 2021), visit education.rask.com.au.Say g'day to Owen on Twitter (@owenrask), Instagram (@owenraskau) or online, via email at www.rask.com.au/about/contact
The Australian Business Podcast is brought to you by Rask Australia.Whether you're drawing a business plan on the back of a napkin, have a thriving side hustle, you run a business with 10 employees or 100. From Perth to Sydney, Darwin to Hobart, this podcast will teach you how to grow, manage, market and steer your business to success.To get in early and enrol in the Business Starters Course (launching March 2021), visit education.rask.com.au.Say g'day to Owen on Twitter (@owenrask), Instagram (@owenraskau) or online, via email: https://www.rask.com.au/about/contact/