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