Episode Summary:
David Burt is the Director of Entrepreneurship at UNSW, where his team helps students, academics, staff and alumni turn their ideas into a startup. He also serves as Non-Executive Director for RapidAIM, an agriculture start up, Planet Ark, a not-for-profit environmental behaviour change organisation, and Cicada Innovations, an incubator for Australian science and engineering startups. In his conversation with guest host Will Tjo, David discusses how he got started in the startup world, his work with UNSW, and why nurturing the startup ecosystem is essential if the average Australian is to continue to enjoy a high standard of living into the future
Chapters:
00:00 Introduction to Day One Podcast
00:29 Guest Host Introduction
00:35 Meet David Burt
01:01 The Founders Program at UNSW
01:24 Success Stories from the Founders Program
02:22 Characteristics of Successful Startups
02:48 Importance of Founders' Motivation
04:00 First-Time Founders and Their Potential
05:23 David's Journey into Entrepreneurship
06:38 The Role of Government in Supporting Startups
08:20 The Path Dependency of Startup Ecosystems
10:10 The Importance of Maintaining Living Standards
11:41 Successful Founders Giving Back to the Ecosystem
12:16 Government Support and Its Efficiency
15:21 Data Collection in the Startup Ecosystem
19:45 Improving the Startup Ecosystem
21:36 Encouraging Young Entrepreneurs
24:32 Final Advice for New Founders
26:34 Closing Remarks