In this episode of The Richards Report host Ted Richards and Heaps Normal Co-Founder & CEO, Andy Miller discuss the rise of no/low alcoholic drinks. Discussion includes the following; •Global trends of non-alcoholic drinks around the world •The brands having most success with non alcoholic drinks •New ways non-alcoholic beer can be brewed •Starting a business and going through the Startmate process •The impact COVID has had on the business •Previous episodes referenced: Nick Crocker and Matt...
Jan 30, 2022•47 min
In this episode of The Richards Report host Ted Richards and guest Jobe Watson discuss; •How commentary of AFL games has changed due to COVID •The latest on Jobe's cafes (Hole in the Wall) in the US and navigating an American hospitality business through COVID •Jobe's new business venture, Morning Joe high-quality instant coffee. If you would like to order Morning Joe use the discount code RICHARDSREPORT at checkout for 20% off your order •We revisit Jobe's early calls on cryptocurrencies from o...
Dec 28, 2021•39 min
Whisky Loot and Gin Loot are liquor subscription businesses. In the discussion we cover; - How Joel is disrupting the traditional retail model/experience for selecting and buying spirits - The benefits of a direct to consumer business like this - The paradox of choice when it comes to making a decision If you are interested in trying Whisky Loot and/or Gin Loot out use promo code TRR20 for 20% off your first order Whisky Loot https://whiskyloot.com/ Gin Loot https://ginloot.com/ Click here to do...
Jul 16, 2021•26 min
Here is a re-release of an episode I recorded back in May of 2019 and I want to bring it back to the top of your feed if you missed it the first time as much has happened since it was first released. Nick Hungerford is the founder of Nutmeg, the largest robo-adviser in Europe. He is also a digital ambassador for the UK Department of International Trade, a member of the European Power 50 and recipient of Spears Entrepreneur of the year award. In this episode, we discuss the challenges of being an...
Jul 09, 2021•34 min
Ted and Matt discuss the following topics; - The usual venture capital (VC) model and what makes the Tractor model different - Typical risks investing in early-stage investments (and potential rewards) - What makes a good early-stage investor - The Startmate program To sign up and join the Richards Report Team for Fred's Big Run click here; https://www.fredsbigrun.org/fundraisers/teamrichardsreport Or click here to donate/support my challenge in Fred's Big Run https://www.fredsbigrun.org/fundrai...
Jul 07, 2021•40 min
In this episode of The Richards Report podcast Ted speaks with Sam Wood about his journey, calculated risks he has taken and lessons learned from starting different businesses. In particular they discuss; - How Sam's career in fitness all started (changing university degrees) - Identifying new business opportunities and backing himself (28, Gecko) - Taking calculated risks outside Sam's comfort zone (The Bachelor) - Recognising business opportunities new technology can create (28) - Post corona,...
Feb 13, 2021•51 min
In this episode Ted speaks with Six Park co-founder and co-CEO Pat Garrett. They revisit some of the events that occurred in 2020 and discuss the following topics; •Quarter by quarter break down •Stock market movements versus economic conditions •2020 winners & losers •Successful pivots •Who got lucky •Rebalancing For show notes and to listen to previous episodes click here This episode is brought to you by Six Park, one of Australia's leading online investment managers www.sixpark.com.au...
Dec 26, 2020•39 min
This episode I spoke with Scott Galloway, Professor of Marketing at NYU Stern, serial entrepreneur and author of the book Post Corona: From Crisis to Opportunity. Show notes for the episode are available here At the beginning of 2020, approximately 16% of retail was transacted via digital channels. Eight weeks after the pandemic reached the U.S. (March-mid-April), that number leapt to 27%. The US registered a decade of ecommerce growth in 8 weeks! In this episode we discuss; •Retail and the grow...
Dec 11, 2020•52 min
In this episode I'm speaking with Morgan Housel. Morgan is a partner at the Collaborative Fund, an award winning columnist and author of the book The Psychology of Money. Episode show notes: The Richards Report show notes In this episode we cover the following topics; •Our similar non-traditional paths into finance and investing •The similarities between luck and risk •How a small amount of investment decisions often drive the majority of returns for investors •The thin line between success and ...
Nov 25, 2020•51 min
In this episode we cover; •What is creating more uncertainty; COVID or the US election •The effect forex can have on returns •Volatility in 2020 •The perils of trying to predict the future This episode is brought to you by Six Park www.sixpark.com.au
Sep 25, 2020•40 min
Paul Benson is a financial adviser, a fellow podcaster, and an author. I'm interested in all three 'hats' that Paul wears so we cover a lot of different topics in this episode. We discuss; Goal Setting and why it's important Budgets to help you achieve your goal •The 50/20/30 Method •The Reverse Budget •The big cut strategy •The track your spending approach •Zero-based budgetingStocks Property Financial advice Financial Autonomy (book) Financial Autonomy (podcast) Guidance Financial Services Pau...
Sep 08, 2020•50 min
In this episode I speak with Senator Jane Hume, the Assistant Minister for Financial Services, Fintech and Superannuation. We discuss the following topics; Open Banking The Consumer Data Right involves the sharing of your data with an accredited provider, and allows Open Banking to fuction. Launched in July 2020, it will focus for now on the banking sector, but in time the Consumer Data Right will move beyond financial services to other 'grudge' purchases like energy and insurance providers. Sup...
Aug 09, 2020•37 min
Reviewing the first half of 2020 so far. Topics covered; •COVID •Investing in tech •The similarities between 2020 and 1968 •Rebalancing portfolios •Lifestyle creep •Sporting industries This episode is brought to you by Six Park. Click here to take the free risk assessment and to receive your free investment recommendation www.sixpark.com.au
Jul 24, 2020•38 min
Fable Food are an Australian alternative meat producer that use shiitake mushrooms as the base of their product. Fable launched in Dec of 2019 and are backed by some high profile investors including Heston Blumenthal and Mike Cannon Brookes. They have already signed deals with some major Australian retail chains including Woolworths and Harris Farm Markets. In this episode Ted and Michael discuss; •the origins of the business •the background behind the product •the challenges that COVID-19 prese...
Jun 27, 2020•46 min
For this episode Ted speaks with Ray McLean who is the founder of Leading Teams, a group of experienced facilitators that assist sporting and corporate teams to lift their performance. You may be familiar with Leading Teams as they have been very successful with some high profile sporting teams over the last few decades. Ted first crossed paths with Ray back at the end of 2005 when he joined the Sydney Swans from his previous AFL club, the Essendon Bombers. In this podcast episode they discuss; ...
May 27, 2020•1 hr 10 min
In this episode Ted has a follow up discussion with Pat Garrett (Six Park co-founder and co-CEO). Pat and Ted recorded an episode five weeks earlier (mid March 2020) and in this episode they revisit the topic discuss what (if anything) has changed from their views on investing at the time of COVID-19. They also answer questions sent in from listeners related to; •The winners and losers so far from COVID-19 •The disconnect between events in the news and day to day movements of the share-market •T...
Apr 27, 2020•51 min
Ted speaks with Psychologist Ellen Jackson from Potential Psychology about stress and anxiety and how it can impact our decision making. Our brains like predictability to make meaning in life, but often there's a lot of uncertainty which can create stress in our lives. Stress and anxiety can manifest in so many forms, be it for health, financial or other reasons. When uncertainty increases like what we're seeing with COVID-19 we can become more focused on ourselves and may shorten our time horiz...
Mar 29, 2020•46 min
Discussing with Six Park co-Founder and Co-CEO the affect COVID-19 is having on the sharemarket and how it compares with other bear markets in history. Also discuss COVID-19 potential influence on the next US election, the closure of many major sporting codes and schools around the world and potential positives to come out of this black swan event. This episode is brought to you by Six Park, Australia's leading online investment manager.
Mar 17, 2020•38 min
Ben Carlson is a Director of Institutional Asset Management at Ritholtz Wealth Management and the person behind the fantastic blog, A Wealth of Common Sense. Ben has recently released a book called 'Don't Fall for it'. The cover of the book describes it as a short history of financial scams, but it's really much more than that. In this podcast episode we discuss some of the fascinating anecdotes of succesful scams over history, but we also discuss the psychology behind why scams can be so succes...
Feb 04, 2020•28 min
After a successful AFL football career Glenn Lovett moved into the world of international sports marketing and has since worked in Melbourne, London and New York. We discuss different sporting codes and the new trends emerging around the world. We talk about where it all began for Glenn back at the Melbourne Demons playing AFL football, and his progression into his next career. We talk about the NBA, the NFL, the EPL, the IPL, and of course AFL. This episode is brought to you by Six Park. One of...
Jan 07, 2020•31 min
Scott Galloway is a professor of marketing at the New York University Stern School of Business. He's also a public speaker and co-host of the popular podcast Pivot. In this podcast episode Scott and Ted discuss; - Lessons learned from the failed WeWork IPO - His new best selling book The Algebra of Happiness - Why Scott thinks he was blessed to not be a professional athlete - The benefits of taking a certain level of risk in life as to achieve a return - How billionairs and other people of note ...
Nov 18, 2019•37 min
This episode I'm speaking with returning guest, friend of the show, co-CEO and co-founder of Six Park, Pat Garrett. We discuss; - The levels of noise in the market right now - Points in history with heightened negativity can sometimes lead to the best buying opportunities - What it was like to be working in New York on Wall St in the lead up to the tech crash of early 2000s. - Similarities between picking stocks and picking new recruits for sporting teams This episode is brought to you by Six Pa...
Oct 21, 2019•26 min
Nick is a partner at Blackbird Ventures. A venture capital fund that seeks to invest in world-class founders who are setting out to make a difference in the world. Investors in Blackbird's fund include the Australian Government Future Fund, Host Plus, and Mike Cannon Brookes. Nick originally studied law and political science at UQ. After a short period of time working in the legal world he pivoted across into the world of startups. He co-founded, and was CEO of, Sessions (which used technology t...
Sep 30, 2019•37 min
Good to Great by Jim Collins This book changed my football career, well even more than that, it's so special it pretty much changed my life. I read it for the first time back in 2010. At the time my football career wasn't panning out the way I had hoped. That's saying it lightly, to be honest I thought I was just about to be sacked. I discuss the ways this book helped me get my career back on track. The book is all about why some companies make the leap to become great companies, and why others ...
Aug 27, 2019•25 min
Nick grew up in Melbourne and was recruited to play Australian football at Collingwood at the end of 1999 when he was in year 12. He also had time at Hawthorn and the St Kilda which culminated in a 6 year AFL career. This is an incredible achievement in itself, and Nick says during those years he learned a lot. He mentions that as there's no segmentation in AFL like there is in a lot of American sports (where it's common to have separate offensive and defensive teams) you have to get used to wor...
Jul 29, 2019•45 min
Preview of the next podcast episode where I speak with Nick Stone, the founder and CEO of the Bluestone Lane coffee empire in North America.
Jul 26, 2019•4 min
This episode of the podcast Ted speaks with Sophie Elsworth. Sophie is a personal finance writer for News Corp, so you may be familiar with her articles in the Daily Telegraph and Herald Sun, or other News Corp mastheads around the country. Sophie specialises in personal finance with real, actionable tips for Australians to improve their financial situation with achievable changes that can be made right now. They touch on; - the winners and losers from interest rates going down - how to get a be...
Jul 17, 2019•29 min
For this episode of the podcast I'm speaking with Andrew Pridham. For episode show notes click here Andrew and I first met when I joined the Sydney Swans back at the end of in 2005 when he was then a director of the club. He is also the Chairman of the Sydney Swans Football Club, and also the founder and CEO of investment bank Moelis Australia. People may be familiar with AFL but unsure of what investment banking entails, so we breakdown some investment banking terminology right from the start (...
Jun 25, 2019•40 min
Discussing NFL Quarterback Aaron Rodgers new venture capital fund called Rx3 Ventures which is focused on consumer brands. Also a preview of my upcoming conversation with Andrew Pridham, the Chairman of Sydney Swans and the founder/CEO of Moelis Australia.
Jun 17, 2019•10 min
Nick is the founder of Nutmeg, the biggest robo-adviser in Europe and the 5th biggest wealth manager in the UK. He is also a digital ambassador for the UK Department of International Trade, a member of the European Power 50 and recipient of Spears Entrepreneur of the year award. We discuss the challenges of being an entrepreneur, to raising money and growing a business, and even talk about where Nutmeg are at today. In a relatively short period of time Nutmeg has completely changed the way peopl...
May 22, 2019•35 min
