Did you know there are 2+ million businesses in Australia (2/3 are sole traders)?
Owning businesses is the key to wealth (Buffett invested in other people’s businesses, Oprah bought her own business, Michael Jordan makes more money from his own business ventures (e.g. Nike ownership) than in his career).
In this episode of The Australian Finance Podcast, Kate & Owen discuss understanding the wealth quadrant (working for income, owning someone else’s business, owning your own business), Owen’s business journey, plus Owen’s five tips for listeners considering starting a business.
🎧 Tune into the [Australian Business Podcast](https://www.raskmedia.com.au/podcasts/australian-business-podcast/) now on [Spotify](https://open.spotify.com/show/3044vSU0er64EdV1e4Pzrc) and [Apple Podcasts](https://podcasts.apple.com/au/podcast/australian-business-podcast/id1551250845)
👩🏽💻 Take Owen’s free [Business Starter course](https://education.rask.com.au/courses/free-business-course/) on Rask Education today
➜ Dig in deeper with the show notes: https://www.raskmedia.com.au/podcasts/australian-finance-podcast/
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If you want to thank us for putting this show together, please give The Australian Finance Podcast a 5 star review on Apple Podcasts – it’s a 5 second task which really helps support the show (and puts a big smile on our faces).
*Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.*
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Access The Rask Group’s Financial Services Guide (FSG): https://www.rask.com.au/fsg
Date recorded: 12th of September 2022