Episode Summary:
Andrew Nunn is the co-founder, Chairman and Executive Director of JBS&G, one of Australia’s largest privately owned environmental consulting companies. Andrew also holds the position of Chief Entrepreneur of South Australia, a role in which he is tasked with providing advice to the South Australian Cabinet and the business community to enable entrepreneurialism across the state. In his conversation with guest host Alex Carpenter, Andrew discusses how his entrepreneurial journey started at the age of thirteen washing the exterior of homes before they went up for sale with his brother, as well as his view that states and territories, including South Australia, should focus on their strengths and work cooperatively as part of “team Australia” rather than focus on interstate competition.
Chapters:
00:00 Introduction to Day One Podcast
00:35 Meet Andrew Nunn
01:09 Andrew's Early Involvement in Startups
01:59 Starting His Engineering Company
03:21 The Early 2000s Startup Ecosystem in Adelaide
04:26 Challenges Faced as a New Entrepreneur
05:18 Funding and Bootstrapping His Startup
07:13 Turning Points in the Adelaide Startup Ecosystem
09:11 Growth of Innovation Hubs in Adelaide
10:00 Current Energy and Optimism in the Ecosystem
11:03 Mapping the Startup Ecosystem
13:24 Government's Role in Supporting Startups
15:31 Importance of Community Engagement
16:34 Focusing on South Australia's Strengths
18:28 The Need for Collaboration and Investment
19:21 Attracting Venture Capital to Adelaide
20:29 Prioritizing Key Areas for Development
21:28 Engaging High Net Worth Individuals in Startups
22:36 Investing in the Startup Community
23:54 Barriers to Investment in Startups
25:40 Advice for Aspiring Entrepreneurs
27:09 Final Thoughts on the Startup Ecosystem
29:16 South Australia's Role in Team Australia
