Episode Summary:
Simon Thomsen is editor of Startup Daily and host of the Startup Daily show which airs on the business streaming service http://ausbiz.com.au/. He is also an investor in early stage startups, and was previously Associate Editor of Business Insider Australia as well as a range of other roles in journalism and publishing. In his conversation with Adam, Simon discusses how during his time working on a journalist he saw technology alter the news and publishing landscape, as well as what he sees as a common trait among the many successful startup founders he has interviewed over the years.
Chapters:
00:00 Introduction to Day One Podcast
00:31 Meet Simon Thomsen
00:45 Simon's First Experience with Startups
01:33 The Transition to Digital Publishing
02:57 The Importance of Technology in Media
04:50 The Emergence of Digital Pure Play Media
06:06 Joining Business Insider
07:34 Covering the Early Days of Australian Tech Companies
09:00 Change in the Startup Landscape
10:44 Collaboration in the Australian Startup Ecosystem
12:28 Areas for Improvement in Australian Startups
13:20 The Importance of Profitability
15:21 Unpopular Opinion on Profit in Startups
18:21 The Importance of Relationships in Entrepreneurship
19:51 Traits of Successful Founders
21:13 Generational Shift in Entrepreneurial Mindset
22:08 Advice for New Entrepreneurs
25:00 The Role of Immigrants in Australian Entrepreneurship
26:03 The Importance of Daydreaming for Innovation
27:31 Closing Remarks
