I generally agree with your post, except this bit:
Completely untrue. People across the world start companies every day which get to $100m+ value, even $1b+ value.
Just not enough of them in Australia.
Innovation is different to research and development. I've worked in startups for many years. Sold a company, worked in companies that grew enormously, I've got multiple mates who started companies worth $100m+ which employ 100s or 1000s of people.
If you help out people who want to innovate then these are the sort of results you get. You said "no-one to employ them to do so" - the people I'm talking about aren't waiting for someone to pay them a wage to innovate. They're ready to change the ****ing world, but if they're going to do it in Australia they just need policy settings which are less bone-headed, and to be surrounded by people with some risk appetite.
The main problems are:
- Aussies don't work super-hard, so it's hard to find someone to help drive your startup forward.
- Aussies don't have high risk appetite, mainly because house prices are super-high, so they all just want a comfy job at a big company.
- Big companies are massively protected here so it's relatively hard to launch.
- Our local market is small.
I wish some of those would change but not sure it'll happen soon. I'm very worried about how our economy will look in 10-20 years.
There is not even agreement to how innovation should be achieved. Some point to schools and teachers, but if we better teach the kids, we end up with a heap of people capable of research and development, but no-one to employ them to do so.
The day's of Thomas Edison building a lightglobe in his shed , patenting it, then starting a company around it are long gone.
Completely untrue. People across the world start companies every day which get to $100m+ value, even $1b+ value.
Just not enough of them in Australia.
Innovation is different to research and development. I've worked in startups for many years. Sold a company, worked in companies that grew enormously, I've got multiple mates who started companies worth $100m+ which employ 100s or 1000s of people.
If you help out people who want to innovate then these are the sort of results you get. You said "no-one to employ them to do so" - the people I'm talking about aren't waiting for someone to pay them a wage to innovate. They're ready to change the ****ing world, but if they're going to do it in Australia they just need policy settings which are less bone-headed, and to be surrounded by people with some risk appetite.
The main problems are:
- Aussies don't work super-hard, so it's hard to find someone to help drive your startup forward.
- Aussies don't have high risk appetite, mainly because house prices are super-high, so they all just want a comfy job at a big company.
- Big companies are massively protected here so it's relatively hard to launch.
- Our local market is small.
I wish some of those would change but not sure it'll happen soon. I'm very worried about how our economy will look in 10-20 years.





Any fight would be entertaining. Think he takes on someone that doesn’t have elite wrestling though.


