Episode Summary:
Matt Bullock is the CEO and founder of Spinify, a gamification platform that aims to help motivate staff of an organisation through visibility of data. The idea for Spinify had its roots in the experiences Matt founding eWAY, an online payments platform which he managed for 18 years before exiting in 2016. In his conversation with Adam, Matt discusses some of the challenges of founding a tech startup in Australia in 1998, and shares his perspective on how the Australian startup ecosystem has evolved in the decades since.
Chapters:
00:00 Introduction to Day One Podcast
00:34 Meet Matt Bullock
01:01 Matt's Journey with eWAY
02:26 The Concept of Gamification
03:20 Early Exposure to Startups
04:03 History of Payments in Australia
05:06 The Sale of eWAY
06:40 Starting Spinify
07:43 Philosophy on Customer Focus
10:14 Building a Company Step by Step
12:42 Lessons Learned from eWAY
14:35 Gaps in the Startup Ecosystem
15:20 Positive Aspects of the Current Ecosystem
16:27 The Role of Organizations in Ecosystem Growth
17:52 Government Funding for Startups
19:17 Advice for New Founders
20:15 Importance of Sales Skills for Founders
22:23 Overcoming Hesitation in Sales
23:21 Closing Remarks
