UTS Venture Day 2020
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Aron: I'm not going to lie.
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Yeah.
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Always nervous, right?
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Lily: I heard that everyone's
best version of their pitch today.
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Like everyone just stepped
up and it was awesome.
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Good vibes.
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Sharon: It really made me think
about my business and how to
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position it in the best way.
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Judge: Startups.
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It's a long, hard road.
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The one thing you have to be is
passionate about what you're trying to
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deliver to the world, and what impressed
me was the personal experience that
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virtually every founder brought to why
they're here today doing what they do.
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Today we saw passion combined
with a lot of substance.
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They felt like businesses that
you could actually invest in.
Winners
Today, we saw passion combined with a lot of substance. They felt like businesses that you could actually invest in. The pitches were of outstanding quality. Well done!
- Ali Linz, Angel Investor and Co-Founder at GroupTogether
- Sharon Lee - Asendium︱CBA & Telstra Leveraging Technology Prize + UTS Business School Dean's Award for Best For-Profit Venture
- Lily Halliday - cannecta︱Kazacos Prize in Entrepreneurship + Paul Thorley Prize
- Surithi Yogalingam - Arula︱CBA Venture Day Award for Best Venture
- Jake Hannan - Conexie︱AiQual Technologies Prize & UTS Business School Dean's Award for Social Venture
- Nicholas Figliano - PETspot︱UTS Business School Dean's Award for For-Profit Venture
- Subana Paramuthevar - PostcodeF︱Alan Betts Memorial Prize
- Philippe Andre - NoseWings︱Gilbert & Tobin UTS Venture Day Prize
Judging Panel
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David Langford〡Managing Director and Chief Investment Analyst, Long Lake Research David's 25 years of professional experience is diverse and has been gained in the establishment, growth and re-engineering of businesses in the Investment Management, Investment Banking and Communications industries. David has been the Chair of the Venture Day Judging panel since 2016. |
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Ali Linz〡Co-Founder, GroupTogether Ali has over 20 years of experience across the gamut of marketing. Ali gained classical marketing training at the global packaged goods company, Unilever. In her six years, she was responsible for brand management of household names such as John West, Lux and Domestos. |
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Andrew Anagnostellis | Director Umgeni Investments Andrew is Director and Principal at Umgeni Investments, an active investor in equities and derivatives. Formerly, he worked as the Head of Media and Telco Research at Deutsche Bank. |
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Deanne Weir〡Chairman, Ai-Media With 20 years experience in the media and communications sectors, Deanne is an experienced leader, strategist and communicator, with a deep interest in how new forms of media affect business and society, and a passion for philanthropy that improves the lives of women and girls. |
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Amanda Burey | Account Director, Telstra Amanda is a senior sales and relationship manager at Telstra. She is highly experienced in business development, C-level engagement, staff management, complex solution sales, marketing and communications, e-Commerce and strategy creation. |
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Ian Davis〡Director, Epona's Dream, Chairman & Investor, Inkerz Ian is a senior executive with over 30 years’ experience and an excellent track record of results as a change agent focused in media, education and telecommunications across all areas of strategy and operations in Australasia and North America. |
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John Lee〡Partner, Gilbert + Tobin John is a partner in Gilbert + Tobin’s Intellectual Property group and heads up the Patent sub-practice. John has many years’ experience dealing with all aspects of intellectual property law with a focus on patent litigation across a range of industries including life sciences, resources, and digital technologies. |
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Nathalie Mann | Managing Partner, Bader Capital Nathalie is a Managing Partner at Bader Capital. With experience in operations, strategy, economic and policy development, Nathalie has worked with international development and aid funds across Thailand, Vietnam and Laos. She is passionate about working with NFPs across Asia, in particular, working in paediatric and maternal health as well as renewable energy. |
|
Neil Boyd-Clark〡Managing Partner, Arnhem Investment Management Neil is a Managing Partner and Executive Director of Arnhem Investment Management Pty Ltd. Neil co-founded the firm in 2008 and is part of the investment team. His prime responsibility is portfolio management of Australian equity client accounts and the analysis of the resources and media sectors. |
|
Walta Kazzi〡Executive Director, Stratton Walta's finance career began as a graduate program within AGC/Westpac. Not long after, he became his own boss and co-founded Lowestrates.com.au which was later acquired by Stratton. In 2014 the company was valued at $120M. |
Watch all Final Pitches
Lily Halliday presenting Cannecta
Cannecta connects people in need with lifesaving medical cannabis, and is Australia's first brand-agnostic supplier of medical cannabis products to enable cheaper access to medicines.
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Hi everyone.
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My name is Lily and I'm the founder
of cannecta, and today I'm pitching
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in the social venture space.
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My startup journey started around
two years ago when I was working
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for a medical cannabis research
Institute at the university of Sydney.
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This is Millie.
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Millie was having roughly
700 seizures a day.
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Her family managed to get access
to medical cannabis, and Millie
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went from having 700 seizures a day
to having one seizure in a year.
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But Millie's family had to access
medical cannabis illegally, even
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though it was legalized in Australia
in 2016 because they could not find
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a doctor to prescribe it to them.
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Now, Millie's case is not unique.
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There are currently half million
Australians using medical cannabis,
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and less than 2% of them are
getting access to it legally.
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Now, let's be really clear about this.
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This is not a legal issue.
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This is an education issue and a
problem with a lack of supportive
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infrastructure around this medication.
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There is a problem with patients.
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I'm able to find doctors and pharmacies.
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There is a problem in that pharmacies
are unable to navigate the complex and
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expensive supply chain and there is
a problem with price because of this
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complex and expensive supply chain.
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There is an unmet need for a platform
that facilitates access to medical
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cannabis at every stage of the pathway.
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Cannecta to is that solution.
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We connect patients with doctors and
pharmacies who are informed about medical
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cannabis, and we supply pharmacies
with the medicines at the lowest rate
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on the market with multiple brands
in one place, so that patients able
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to get cheaper access to medicines.
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We are a for-profit social venture, and
our mission is to facilitate access to
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medical cannabis for patients in need.
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So what does this competitive space look
like currently in terms of the final
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doctor and pharmacy search function?
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This doesn't exist anywhere
else in the country.
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On the supply side, there
are a range of problems.
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The two biggest being that there are
not enough suppliers, and then out
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of those who do supply, 95% of them
are also manufacturers, which means
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they only supply their own medicines.
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Pharmacies currently have multiple
partnerships with various suppliers,
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which is tedious, complex, and expensive.
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Cannecta solves this problem as we
are a brand agnostic medical cannabis
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supplier with multiple brands in
one place, ensuring that patients
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and pharmacies get cheaper access.
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Our platform is free for patients,
their families, doctors and advocates.
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We charge pharmacies per product at
the lowest rate on the market, and
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this is where our revenue comes from.
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We are able to do this because the margins
in the supply chain are incredibly high.
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We are also able to do this because
we have substantially fewer costs than
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our competitors operating only as a
supplier and not as a manufacturer.
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Our go to market strategy differs
for each of our user segments.
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The medical cannabis community is
incredibly active on Facebook, so we
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will be using this platform to target
them, as well as through advocacy
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organizations we have already partnered
with, including the medical cannabis users
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association and United in Compassion.
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Our pharmacy strategy is to target
midsize to national franchises as well
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as independent pharmacies in Queensland,
New South Wales and Victoria as these
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states have the highest medical cannabis
prescription rates in the country.
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We will be engaging with our
doctors at medical cannabis
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conferences and medical cannabis
education programs for physicians.
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One way or another, medical
cannabis is going to have one of
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the biggest impacts on the health
industry within the next five years.
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The market is seeing phenomenal growth,
and we hope to capture 3% of this market
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by 2025 we have a confident pathway to
seeing $100 million in revenue by 2025.
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Currently medical cannabis is only
available through a pharmacy, but
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it is expected that Australia will
follow the lead of the U S and Canada
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and that medicines will be available
direct to consumers in the future.
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We are building the framework now so
that we are perfectly positioned to
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become a BDC supply of medicines as this
market changes by prioritizing patient
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advocacy and in positioning ourselves
as a trustworthy brand for consumers.
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So where are we now?
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We're about to go live and our
find a doctor search function and
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we've partnered with 40 doctors
in clinics around the country.
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We have had 230 people register for
access to our platform when we are
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live, and we are currently testing
our supplier model with pharmacies.
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We've had overwhelmingly positive
feedback with every pharmacy we've
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spoken to saying they will partner with
cannecta as a supplier in the future.
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So I've told you about the problem
and about our solution, but how do
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we know that this is something that
patients and pharmacies actually need?
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We know because we have been
working with our users at
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every stage of our development.
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We are working with the experts and
have partnered with Australia's leading
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and largest medical cannabis advocacy
groups and research centers because
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patients are at the core of what we do.
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Cannecta is the solution
that they have asked for.
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We have built a fantastic team around
us and our advisors have years of
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experience working in the medical
cannabis industry, in the areas of
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patient advocacy and in research.
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We are currently recruiting and
we're looking for people to join our
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team who have experience in supply
chain management and pharmacy.
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So what's next?
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The next 12 months we'll be focused on
building out our platform, building our
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user trust and engagement and becoming
a supplier of medicines to pharmacies.
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If we hit our targets within the
first six months, we will look to
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raise $3 million in series A funding.
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Beyond this, we will work towards
capturing that 3% of the market by
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2025 and we'll shift to become a
BSE supplier of medicines, ensuring
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that patients get cheaper access.
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Access to medical cannabis
saved Millie's life.
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Her mum was able to go back to
work, and Millie has been able to
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join childcare and make friends.
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Today, we are asking for people
to join us who have experience in
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supply chain management, pharmacy or
Australian customs and border control.
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If we win any money today, that will be
put forward to going ahead with that 12
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months and getting our platform online.
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So if this is you, or if you're passionate
about medical cannabis and patient
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advocacy, please get in touch with us.
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Thank you.
Nicholas Figliano presenting PETspot
A Safer and Simpler way to find your next pet companion
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<TAG> The phenomenon of combining
the traditional marketplace model
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with digital centralization is one
we often all take for granted, but
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its power can't be underestimated.
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These platforms beside me dominate
their respective google search
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results, and so they should.
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They combined all the offerings
of one industry in one location.
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But if we apply this logic to Australia's
multibillion dollar pet industry and
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search things on Google, like puppies
for sale, or pets for adoption, not
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only is there no centralised option,
but the results masked a dark secret.
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About 18 months ago, my cofounders and
I were discussing our experiences when
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searching for our family pets, and to our
surprise, we found a little common ground,
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how difficult and unsafe the process was.
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I firstly thought we were alone in
a negative experiences, well we soon
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realized we were just one of many that
were victims of these search results.
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The results I'm referring too often
include a generic list of sites, like your
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Gumtree, breed and shelter the individual
sites, or even small niche listing sites.
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However Australia's favorite place to
find pets at the moment is Gumtree.
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But let me ask you a question.
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Is Gumtree what you think of when
you think of finding your next pet?
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Or is Gumtree what you think of
when you're looking to sell some
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things around the house, Gumtree
and similar sites don't offer peace
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of mind with pet specific features.
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That's exactly why the process of finding
a pet is segregated and unregulated.
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Anyone can sign up for these sites from
an email pose as a breeder and start
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reselling from things like puppy farms
to breed our pets in terrible conditions.
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Now I know every pet online
is from a puppy farm.
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That's besides the point.
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The point is that our inability
to identify which ones are,
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is the heart of the issue.
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Us founders recognize this firsthand
and experienced it firsthand.
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I mean, we're passionate to
create change, not only for
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man, but for man's best friend.
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The market size is huge.
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Just last year, 450,000 puppies, were sold
in this country alone and the millennials
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are the ones pushing the growth.
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That is why now more than ever, we need
an easier, more transparent system.
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So we created PETspot.
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A simpler, safer way to connect you
to reputable breeders, adoption groups
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and pet services across the country.
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We even have a peer to peer
behind the section that brings
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the pet community together.
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This is what places PETspot, as
a unique option in the industry.
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How are we simpler?
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Well all pet types from dogs, to llamas,
fish and birds on one site, and GPS
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capabilities and you can find whatever
you're after around you instantly.
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We'll also have some awesome tools
in our CRM system for our listers.
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How are we safer?
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Well pets, will have strict
vetting processes including ID
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and registration checks, for both
our sellers and individualistic.
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Additionally, we have a payment system
we're about to launch known as PETstop
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pay, which allows you to place a deposit
for a pet digitally, safely, go visit
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pet in real life and if you want to call
it yours, you can process and manage
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transaction digitally and have protection.
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And this is a first for the industry
as it is currently cash based.
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Our business model is PETstop pay,
which we'll be implementing soon.
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Even though we'll be 100% free for
users so far, what we'll be doing soon
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is adding an 8% fee to each listing.
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That 8% fee is capped at $160
and charged to the buyers.
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Buyers being reason as they're the
ones benefiting from our bidding, our
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support and our dispute resolution.
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The average listing price at the
moment was at $1,800 so then the
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average fee price for us is about $144.
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Moving forward the pet service directory
will help the diversify our revenew
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streams and help bring users back after
they've already purchased their pet.
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In the future, we look to offer
options for the entire pet life cycle,
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including pet insurance and pedigree.
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At any one time you have 500
pets for sale in Sydney alone.
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And more importantly, 6,000 pets have
found a new home thanks to PETspot
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already, and that's nationwide.
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We incredibly started go to market
strategies of SEO, social media, and
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leveraging our partners audiences by
combining these strategies effectively.
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We've been able to achieve efficiency
CPC's, and this is the foundation for
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our business model as we looked at
profit on the difference between PETspot
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transaction and these efficient CPC's.
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Financials wise, we expect $970,000 in
revenue and year one, and that's for 1,200
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00:04:31,195 --> 00:04:32,835
pets sold through the system monthly.
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However to to do this we're looking to
raise $300,000 in exchange for equity
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to help grow the business, the brand,
implement PETspot pay, and allow us to
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capitalize on our first move advantage
in Australia and then international.
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00:04:48,115 --> 00:04:52,185
Our team has a diverse skillset,
in business, sales, and tec, and
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00:04:52,185 --> 00:04:55,305
James is advising us on their
strategy and upcoming cap rates.
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00:04:55,815 --> 00:04:58,935
Additionally our partnerships with
Mad Paws and Pet Circle provide a
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great industry expertise in channels.
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So please join us in reshaping how
you find your perfect companion
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so pets can find a forever home.
Rowan Smith presenting Tech Gym
Tech Gym uses robotics to assist stroke survivors through rehabilitation. Our device provides higher doses of therapy, for a lower daily cost, in the same amount of time as traditional therapy. This results in patients returning home with a higher level of independence in a shorter period of time.
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00:00:20,070 --> 00:00:20,699
Good afternoon.
2
00:00:20,850 --> 00:00:23,750
My name is Ron Smith and
I'm the founder of Tech Gym.
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00:00:24,240 --> 00:00:28,350
Tech Gym is innovating rehabilitation
using intelligent robotics.
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00:00:29,669 --> 00:00:31,790
This is my 94 year old grandma Lorna.
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She lives in an aged care facility,
but she still has her own home,
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her own kitchen, her own garden.
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00:00:37,590 --> 00:00:41,340
The most important thing to my nan though,
is that she has her own independence.
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00:00:41,910 --> 00:00:45,629
Unfortunately, at the end of 2017 her
independence was taken away from her in
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a split second when she had a stroke.
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00:00:48,750 --> 00:00:51,309
Watching my nan go through the
rehabilitation process I learned
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00:00:51,309 --> 00:00:54,030
about the struggles of the
patient but the therapist too.
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00:00:54,030 --> 00:00:57,395
For my nan, she was only
receiving care three times a week
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and for 20 minutes each time.
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00:00:59,504 --> 00:01:01,515
And that's not good enough for
patient trying to reconnect their
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brain for the rest of their body.
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But I get it.
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I spoke with the therapists.
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They have to run around and serve,
so many patients simultaneously,
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and with an aging population,
that's only going to get harder.
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They work so hard that 64% of
therapists actually injured
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themselves in the workplace.
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Tech Gym's working on a
solution for this- no we're not.
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It's broken.
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Our prototype is clinically built.
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We're about to test this in a
clinical study with Bankstown
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hospital very shortly.
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We're really excited by this because the
device can physically assist the patients.
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Do you mind just loading
this up for me again?
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Thanks.
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Can physically assist the patient.
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So the therapist can go out and
serve more patients simultaneously
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whilst they're on that device.
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They get the fun and
interactive lists from a game.
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00:01:49,125 --> 00:01:51,615
They're actually interacting with
something that's more functionally driven
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to what they want to return home to not
just being told, cool, can you do this
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a thousand times in the next hour for me
or play with your button on your shirt?
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Cause they don't do it.
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They don't engage.
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00:02:01,514 --> 00:02:04,634
And what we know is when a patient's
engaging with their rehabilitation,
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they're going to get home faster and
with a higher level of independence.
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When that happens, our government's
going to save money on government
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00:02:11,970 --> 00:02:13,560
expenditure every single year.
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There's a huge, huge benefit there.
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00:02:16,830 --> 00:02:19,380
Let's jump to the clinical
value page really quickly.
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Thank you for that.
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Sorry you don't get to see the product.
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What we also do is automate the
reporting process for that therapist.
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So instead of slaving paperwork,
we save them time to guess what,
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go and serve more patient, cause
then they don't return home faster.
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00:02:34,950 --> 00:02:37,230
Now I want to start with strokes
because it's dear innate in me,
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but it's also a very big market.
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It's $150 billion a year market in
just developed nations, but that's
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just the starting point for us.
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We want to go into other markets, and our
next market is post orthopedic surgeries,
55
00:02:48,609 --> 00:02:51,450
other the disabilities, including
spinal cord injury, cerebral palsy.
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The list is massive, and I'll
tell you more about that later.
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To be successful we'll sell our product
to rehabilitation centers, hospitals, and
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private clinics, but $90,000 an additional
$8,000 a year provide our customers
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with the benefits, training, servicing,
and the latest rehabilitation games and
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updates, and doesn't get old and stale.
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Now let's look at why we're
different from our competitors.
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Our competitors are really
big in the European space.
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So motion bionic, but
they're not portable.
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They can't go from the bedside
of the patient to the gymnasium.
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So this means we can treat patients
from day one of the rehabilitation to
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the last day that they're going home.
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Our accessibility is improved and
only requires minimal supervision
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to use out device, which means that
patients that really need a physical
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assistance can get it from the therapist.
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The patients that just want
to work independently, can.
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What's really cool about the device
is that we're building empathy into
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it, the games and the immersion
is all focused around the patient
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and setting them to return home to
something that I'd be comfortable with.
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We've got some really cool ideas as to
how to build a human like connection
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between the robot and the person,
our competitors they're building
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robots that assist with movement.
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So ultimately, Tech Gym delivers a
high dosage of therapy, at a lower
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daily cost in the same amount of time.
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Over the last two years, we've worked with
some fantastic organizations, UTS startup,
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CSIRO, the Meditech Actuary, where we
went through the accelerator program
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more recently, Singularity University.
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We've got a great list of hospitals
in Sydney that are keen to check out
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our tech and to run a demo with us.
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Bankstown has signed up for a
pilot, and we're currently trying
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00:04:24,590 --> 00:04:27,520
to get the ethics through so we
can test it with them very shortly.
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I'd like to tell you a little
bit more about our team.
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So you know that we found it, but what
you don't know is I'm a robotic engineer.
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And I became an engineer because I
want to use technology to make real
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world impacts to people's lives.
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I went out and found a team
that wants to help me do that.
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Our advisory board, it will
help us commercialize and scale
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this across the health industry
and take it across to the U.S.
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We've got experts in health,
med tech sales, and robotics.
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<TAG> Now it might be a good idea for
Tech Gym is not just to go into stroke.
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We have the opportunity to
affect 2.6 billion lives.
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We want to go right to the regulation
space in hospitals, as I mentioned,
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but we really bring true value
by being able to bring down the
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cost to this and go to home care.
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Once we do that, that's where we access
a really big market and we can demonetize
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that and take it to the underdeveloped
and developing nations next, whether
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it's even more lives that we can impact.
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To do this we're about to open
a seed raise of $1 million, and
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that's a pretty big ask for today.
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So let's just look at the $15,000
and what we can do with that instead,
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we're setting off this Epic application
at the moment, but it's expensive.
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And to use it with patients costs a bit.
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That $15,000 will let us test our device
with 10 people here and now so we can
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make a positive impact on people's lives.
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Please help me do that.
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Thank you very much.
Jake Hannan presenting Conexie
Conexie is specifically designed and optimized for groups of people who share a common interest but aren’t on a common platform.
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My name's Jake Hannan.
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00:00:24,390 --> 00:00:25,970
I'm one of the co founders of Conexie.
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00:00:28,080 --> 00:00:31,995
Strata and multi-tenanted buildings, it's
$1 billion industry in Australia, but
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00:00:31,995 --> 00:00:36,165
it's currently operating under a number of
disjointed software solutions, ultimately
5
00:00:36,165 --> 00:00:40,335
resulting in low customer satisfaction
and inefficient costly processes.
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00:00:40,755 --> 00:00:43,785
So I'm gonna make a crazy assumption
here, and I think that almost
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everybody in this room has either been
involved with purchasing, renting,
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00:00:47,144 --> 00:00:50,475
or at least living in an apartment
building at some point in their life.
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00:00:50,475 --> 00:00:51,945
Now how to think about
when you're doing that.
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00:00:52,260 --> 00:00:57,090
If you ever had to submit a maintenance
problem, maybe you had to ask a question
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00:00:57,120 --> 00:00:58,860
or find some information important to you.
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Maybe you're the right person to ask.
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Maybe you didn't.
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Maybe you got acknowledged, maybe not.
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The common theme here is
there's no transparency.
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00:01:06,390 --> 00:01:07,710
Let's take a look at why this is.
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This building right here is
Sydney observatory tower.
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It's a residential building.
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You just saw off of Circular Quay.
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There was around 123 apartments
in this building, which means
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00:01:16,470 --> 00:01:19,890
there could be up to 400 residents
living here at any point in time.
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All dealing with either one
strong manager or combination
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of them and a building manager.
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00:01:25,335 --> 00:01:29,505
Now this person has to deal with hundreds
and sometimes thousands of requests, not
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only with all of the residents in the
building, but also tradesmen, external
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stakeholders, and emergency services.
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Now think about how difficult it is
staying on top of those day to day
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problems when there's that many.
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Let's take it a step further.
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What about when there's an
actual emergency, like a fire and
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everyone has to get evacuated?
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What about someone gets a heart
attack on the 25th floor and they
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have to go find them and bring
that person out of the building?
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00:01:50,759 --> 00:01:53,370
What it comes down to, sharing
information is difficult.
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Connecting the right people is complicated
and unreliable, and this ultimately leads
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to fractured and unproductive communities.
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00:02:01,350 --> 00:02:03,010
To solve this, we created Conexie.
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00:02:03,630 --> 00:02:06,690
I started Conexie along with two
full time firefighters because
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00:02:06,690 --> 00:02:09,389
they see the downfalls of poor
communication every single day.
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00:02:09,989 --> 00:02:13,739
And what we do is we've created a platform
that's designed and optimized for large
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00:02:13,739 --> 00:02:17,369
groups of people who share a common
interest but are not on a common platform.
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00:02:18,780 --> 00:02:21,000
So when we sell a product in the
buildings, these are the typical
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00:02:21,000 --> 00:02:22,260
platforms we see all the time.
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Email, text messages,
Facebook and WhatsApp groups.
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00:02:25,920 --> 00:02:27,269
Let's say email, for example.
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Super easy to send an email.
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A lot of times they go unnoticed
on untracked, and you might not
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00:02:32,100 --> 00:02:34,440
even know that the person you're
sending that email to is the
49
00:02:34,440 --> 00:02:35,880
right one to answer your request.
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00:02:36,660 --> 00:02:37,230
So.
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00:02:37,950 --> 00:02:39,870
These things on their own
aren't the main issues.
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What happens is people try to combine
and vary these platforms together
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in a way that just doesn't work.
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What Conexie's done is really glue
that pulls these all together and make
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00:02:48,359 --> 00:02:50,400
them work in a much more efficient way.
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00:02:51,780 --> 00:02:54,450
When communication hasn't happened
properly, you don't only waste time
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and money, but in some cases like
my co-founders see, it can lead in
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catastrophe, so we set out to do is
not make a solution that's a reactive
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like the ones you see up here.
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But a proactive tool to address
issues and concerns before
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they become an actual problem.
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00:03:08,385 --> 00:03:09,415
So what's Conexie do?
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00:03:09,835 --> 00:03:12,685
Here's a look at some of the features
that our customers are using right now.
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For the owners, tenants, and occupants
we've got a communication key that makes
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your building totally user-centric.
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00:03:19,334 --> 00:03:23,114
Our fully developed native iOS and
Android app allowed you to report problems
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00:03:23,114 --> 00:03:24,555
directly to people who could action them.
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00:03:25,785 --> 00:03:28,905
You could stay on top of important
informations and concerns
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important to you at all times.
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00:03:30,285 --> 00:03:31,905
Like our visual notice board, for example.
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00:03:33,149 --> 00:03:36,010
We empower you to vote, chat,
and stay updated on the outcomes
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that will shape your residents.
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00:03:38,340 --> 00:03:41,519
Provide feedback capabilities to
ensure your voice is always heard.
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00:03:42,060 --> 00:03:45,660
And we also have an emergency
capability platform helping emergency
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00:03:45,660 --> 00:03:49,470
services, evacuate buildings and locate
victims in a much more efficient way.
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00:03:50,750 --> 00:03:56,190
For the strata, building managers, or any
other administrator what we do is we make,
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00:03:56,220 --> 00:03:59,910
we increase your individual capacity, job
satisfaction, and resource allocation.
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00:04:00,650 --> 00:04:03,840
We take a five minute phone call and we
turn it into a ten second submission.
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00:04:04,290 --> 00:04:08,310
You take all your daily unique life
tasks, put them in a single dashboard
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00:04:08,400 --> 00:04:11,160
so that you could have exceptional
outcomes by providing you the tools
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00:04:11,160 --> 00:04:12,270
and information that you need.
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00:04:13,100 --> 00:04:15,720
We make living in the modern
residential ecosystem safe,
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00:04:15,750 --> 00:04:17,850
engaging, sustainable, and enjoyable?
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00:04:19,829 --> 00:04:24,150
So our business model for owners and
occupants and tenants we're free for you
85
00:04:24,150 --> 00:04:25,920
to download and use and we always will be.
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00:04:27,030 --> 00:04:30,690
For our direct sales model we target
strata and building management, charging
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00:04:30,690 --> 00:04:34,860
them a one-time setup fee and training,
and then we're $2-5 per apartment or
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00:04:34,860 --> 00:04:36,600
unit per month depending on scale.
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00:04:37,590 --> 00:04:39,690
We also actively seek
out channel partners.
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00:04:39,690 --> 00:04:42,840
These are companies already selling
products and services in some
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00:04:42,840 --> 00:04:45,810
multi-tenanted buildings to add
us onto their portfolio through
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00:04:45,810 --> 00:04:47,760
a wholesale model or for OFI.
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00:04:49,080 --> 00:04:52,140
So the first month of this year,
me and the team have already booked
94
00:04:52,140 --> 00:04:55,950
in $50,000 in recurring revenue,
locked in a five year contracts.
95
00:04:56,430 --> 00:04:59,700
By the end of this month, we're
planning to manage over $1 billion
96
00:04:59,700 --> 00:05:04,170
worth of assets, which equals over 2000
individual users in new South Wales.
97
00:05:04,770 --> 00:05:07,830
We're also aggressively trying to
increase our market share, in Australia
98
00:05:07,830 --> 00:05:12,180
is growing landscape of over 1.2
million residential buildings equaling
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00:05:12,180 --> 00:05:14,260
over $13 trillion worth of assets.
100
00:05:16,420 --> 00:05:18,570
So I've been talking about strata
today, but this communication
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00:05:18,570 --> 00:05:20,080
problem isn't specific to them.
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00:05:20,460 --> 00:05:24,120
All these companies you see here have
approached us to solve their communication
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00:05:24,120 --> 00:05:25,850
problem and are benefiting from Conexie.
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00:05:26,500 --> 00:05:29,220
Now, while they all seem like different
organizations and industries, they
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00:05:29,220 --> 00:05:33,570
share a common theme, large groups
of people who share common interests
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00:05:33,600 --> 00:05:34,950
but aren't on a common platform.
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00:05:37,120 --> 00:05:41,114
Our teams comprised of three founding
members all with years of digital
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00:05:41,114 --> 00:05:44,685
workflow optimization experience,
and we've done business in Asia,
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United States and Australia.
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00:05:47,805 --> 00:05:48,885
So what's next for Conexie?
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We're currently opening a
seed round of $300,000 what
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00:05:52,815 --> 00:05:53,984
does that cut of money by you?
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00:05:53,984 --> 00:05:58,844
With our team, we initially raised an
angel investment round of $300,000 and
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with that money, we took an idea and
brought it to a market ready product.
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We saw our team win an Australasia
Startup of the year Award.
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We gained access into a corporate
accelerator program, which
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validated our solution, and
we started generating revenue.
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00:06:13,545 --> 00:06:17,445
What we're looking for now is to put this
money directly into operational costs
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00:06:17,445 --> 00:06:21,285
so that we can focus on hitting our next
goal of $500,000 which will trigger a
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00:06:21,285 --> 00:06:26,085
series A round, which will facilitate
Conexie to grow like a hockey stick.
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If you're interested in jumping on
board, or do you think your organization
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00:06:31,770 --> 00:06:35,159
or residents can benefit from Conexie
please contact myself or someone
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from the team and we'll help you out.
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Thank you.
Sharon Lee presenting Asendium
Designed by financial planners, for financial planners, Asendium reduces the time to deliver advice by 90% through automation. Advice should be as simple as Tick. Edit. Generate.
1
00:00:21,450 --> 00:00:22,080
Good afternoon.
2
00:00:22,110 --> 00:00:24,700
My name is Sharon and I'm one
of the cofounders of Asendium.
3
00:00:25,230 --> 00:00:29,549
We help financial planners, reduce
their compliance burden by 90%
4
00:00:29,729 --> 00:00:33,930
because we believe advice should be
as simple as take, edit, generate.
5
00:00:34,769 --> 00:00:38,670
My cofounders, Scott, William, and I
started Asendium as a way to automate
6
00:00:38,700 --> 00:00:42,150
our own advice documents for our
own financial planning practice.
7
00:00:42,720 --> 00:00:46,080
We were frustrated by the repetitive
and manual nature of compliance
8
00:00:46,080 --> 00:00:48,120
documentation that consumed our time.
9
00:00:49,500 --> 00:00:52,320
When seeing a client who would
spend four hours face to face.
10
00:00:52,785 --> 00:00:56,805
And on the back of that, another 40
hours would be spent manually typing
11
00:00:56,805 --> 00:01:01,005
up repetitive compliance documentation
that was designed to safeguard the
12
00:01:01,005 --> 00:01:05,504
licensee from any compliance risks
and didn't enhance client experience.
13
00:01:06,735 --> 00:01:09,045
Now, due to the recent Royal
commissions, this level of
14
00:01:09,045 --> 00:01:11,205
compliance is only getting worse.
15
00:01:11,745 --> 00:01:14,655
Licensees are struggling to
maintain the new compliance
16
00:01:14,655 --> 00:01:16,305
standards across their planner base.
17
00:01:17,160 --> 00:01:21,000
Financial planners are having to increase
their advice fees in order to keep
18
00:01:21,000 --> 00:01:22,710
up with the cost of service clients.
19
00:01:23,729 --> 00:01:27,840
And this has resulted in a greater
barrier to entry with most Australians
20
00:01:27,869 --> 00:01:31,679
citing cost as the number one
factor for not seeking advice.
21
00:01:32,729 --> 00:01:35,910
Now, there are three legally
required documents that every planner
22
00:01:35,910 --> 00:01:37,560
must deliver to their clients.
23
00:01:38,300 --> 00:01:42,240
Planners care most about finding
solutions that alleviates the burden of
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00:01:42,240 --> 00:01:44,280
generating fact finds and file notes.
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00:01:45,820 --> 00:01:49,440
Our competitors are more focused
on enhancing the client onboarding
26
00:01:49,440 --> 00:01:53,550
experience, and they have a planner
satisfaction rate of three out of five.
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00:01:54,630 --> 00:01:59,040
We, however, are solely focused on
creating efficiencies for the financial
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00:01:59,040 --> 00:02:03,300
planner, particularly around the terms
of engagement, fact find and file note.
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00:02:04,980 --> 00:02:09,690
What started as a coping mechanism
for ourselves has become an obvious
30
00:02:09,690 --> 00:02:11,430
solution that the industry is lacking.
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00:02:12,405 --> 00:02:16,335
We are progressing towards developing
a fully integrated CRM that will be
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00:02:16,335 --> 00:02:22,394
uniquely coded so that all the repetitive
content that can be populated from the
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00:02:22,394 --> 00:02:24,795
completion of just one advice document.
34
00:02:25,275 --> 00:02:29,565
And this concept has been validated
by MVP as we have demonstrated a
35
00:02:29,565 --> 00:02:34,845
90% reduction in compliance burden
meet Sam, a current Asendium user.
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00:02:35,505 --> 00:02:38,204
He has two options to tackle
his compliance burden.
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00:02:38,774 --> 00:02:43,125
One is the traditional approach of paying
an admin or offshore staff to complete his
38
00:02:43,125 --> 00:02:48,285
compliance documents or two, which is to
utilize Asendium to fulfill those roles.
39
00:02:49,154 --> 00:02:53,024
As you can see, not only does
Asendium save Sam time, but
40
00:02:53,024 --> 00:02:54,734
it only cost him $1200 a year.
41
00:02:55,665 --> 00:03:00,045
That's a 90% time saving
and a 97% cost savings.
42
00:03:00,285 --> 00:03:02,714
And we have done this
with 11 practices so far.
43
00:03:04,410 --> 00:03:08,370
Our MVP is an algorithmic form builder
that's been coded to reflect the
44
00:03:08,370 --> 00:03:12,269
logic of a financial planner with an
intuitive user interface that allows
45
00:03:12,269 --> 00:03:16,890
them to tick the relevant areas of
advice discussed with a client, edit
46
00:03:16,890 --> 00:03:21,540
or input the text to personalize the
document and hit generate to receive a
47
00:03:21,540 --> 00:03:25,560
fully comprehensive document that goes
straight to their inbox, which then
48
00:03:25,560 --> 00:03:27,359
they can further personalize if needed.
49
00:03:28,799 --> 00:03:33,285
Our documents are 100% customizable
to any advisor process.
50
00:03:33,945 --> 00:03:36,464
We cover 90% of standard client cases.
51
00:03:37,174 --> 00:03:39,734
We've allowed the planner and
the licensee to control the
52
00:03:39,734 --> 00:03:41,535
output of their advice documents.
53
00:03:42,195 --> 00:03:46,245
We're also adaptable to any size
practice, and we can be used
54
00:03:46,245 --> 00:03:48,685
alongside existing CRMs such as XPLAN.
55
00:03:50,024 --> 00:03:53,024
We're a web based SAS product
and we currently offer monthly
56
00:03:53,024 --> 00:03:54,255
and annual subscription.
57
00:03:54,494 --> 00:03:57,434
We also have a custom tier that
allows planners to tailor our
58
00:03:57,434 --> 00:03:59,864
solution to suit their practice needs.
59
00:04:01,244 --> 00:04:03,584
Over the three month period
we've been operating, we've had
60
00:04:03,584 --> 00:04:08,475
58 free trial users and 11 of
which are converted to paid here.
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00:04:08,475 --> 00:04:11,964
We're just two quotes from an industry
leader and a current Asendium user.
62
00:04:12,404 --> 00:04:13,665
The industry leader has said,
63
00:04:13,695 --> 00:04:16,815
"you are solving what no other
software company is solving
64
00:04:16,815 --> 00:04:18,015
in this industry right now.
65
00:04:18,659 --> 00:04:21,539
It's refreshing to see people
with financial planning experience
66
00:04:21,599 --> 00:04:22,590
at the head of the company"
67
00:04:23,429 --> 00:04:24,989
and a current Asendium user has said,
68
00:04:25,020 --> 00:04:29,010
"my colleague showed me a file note that
he generated with Asendium in 30 seconds.
69
00:04:29,460 --> 00:04:31,859
I tried to recreate the same
quality and the same amount of
70
00:04:31,859 --> 00:04:33,150
time and I just couldn't do it.
71
00:04:33,780 --> 00:04:35,280
Asendium is worth every cent."
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00:04:36,659 --> 00:04:41,909
Now there's 25,354 planners in the
industry and we intend on penetrating
73
00:04:41,909 --> 00:04:45,120
the market through a bottom up
approach by targeting small practices.
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00:04:45,435 --> 00:04:50,385
Of one to 10 planets per practice, and
that market size is 5,000 planners.
75
00:04:50,865 --> 00:04:54,165
Now we don't need to capture the
entirety of the 5,000 planners.
76
00:04:54,195 --> 00:04:57,495
We just need to capture enough to
provide substantial case studies
77
00:04:57,495 --> 00:05:01,305
to demonstrate our efficiency in
order for licensees to adopt our
78
00:05:01,305 --> 00:05:03,015
software through their planner base.
79
00:05:03,255 --> 00:05:05,415
And that's how we'll capture
the rest of the market.
80
00:05:06,645 --> 00:05:08,985
Now, tech adoption in the
financial planning industry
81
00:05:08,985 --> 00:05:10,365
is based on peer approval.
82
00:05:10,395 --> 00:05:14,265
So our go to market strategy is to
financially incentivize existing
83
00:05:14,265 --> 00:05:18,255
users through our revenue split
for every successful referral in
84
00:05:18,255 --> 00:05:21,344
order to motivate them to actively
refer planners in their network.
85
00:05:21,855 --> 00:05:25,365
We'll also be utilizing LinkedIn for
brand awareness to provide content
86
00:05:25,395 --> 00:05:27,025
and is a front of mind to planners.
87
00:05:28,435 --> 00:05:31,665
We're also adaptable to other countries
with established financial planning
88
00:05:31,665 --> 00:05:36,195
industries as they're currently undergoing
similar compliance changes as well.
89
00:05:37,335 --> 00:05:40,195
And we're adaptable to other
Australian industries such as
90
00:05:40,195 --> 00:05:41,895
mortgage broking and stockbroking.
91
00:05:43,465 --> 00:05:48,745
We expect to hit $26 million by 2024 in
Australia alone and this is just on the
92
00:05:48,745 --> 00:05:50,815
subscriptions for financial planners.
93
00:05:51,300 --> 00:05:54,930
With our fully integrated CRM,
we'll be able to competitively
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00:05:54,930 --> 00:05:58,020
charge $9,600 per planner per year.
95
00:05:59,190 --> 00:06:02,430
Over the next 12 months, we'll be
building out the rest of the advice
96
00:06:02,430 --> 00:06:06,570
documents in order to provide further
validation and every advice touch point.
97
00:06:07,740 --> 00:06:11,040
And what we're asking for today
is introductions to any financial
98
00:06:11,040 --> 00:06:14,590
planners or small practices who you
believe may benefit from Asendium.
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00:06:15,300 --> 00:06:15,659
Thank you.
Philippe Andre presenting NoseWings
NoseWings is the world's first patented magnetic nasal dilator which helps people breathe better, sleep better and live better.
1
00:00:21,280 --> 00:00:21,700
Okay.
2
00:00:21,790 --> 00:00:24,580
Hi, my name is Philippe and
I'm co founder of NoseWings.
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00:00:25,030 --> 00:00:27,910
Before we start, I'd like to
ask you two quick questions.
4
00:00:28,440 --> 00:00:30,750
Please raise your hand if you're
willing to make you snore.
5
00:00:32,759 --> 00:00:33,550
Quite a few of you.
6
00:00:33,780 --> 00:00:37,110
Now raise your hand if ever experienced
the discomfort, having to share the
7
00:00:37,110 --> 00:00:39,423
room with someone who snores <TAG>
8
00:00:39,790 --> 00:00:41,550
Well there's the problem.
9
00:00:41,550 --> 00:00:42,380
Quite a few of you.
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00:00:42,760 --> 00:00:46,830
Research that actually show
that 40% of men and 24% of women
11
00:00:46,830 --> 00:00:49,970
actually snore, but only about
half are willing to admit to this.
12
00:00:51,089 --> 00:00:55,754
Snoring is often portrayed as something
funny and lighthearted, yet still
13
00:00:55,754 --> 00:00:57,555
the social impact can be significant.
14
00:00:58,125 --> 00:01:01,485
Not only can it have serious health
implications for the snorer, it
15
00:01:01,485 --> 00:01:05,474
can also have a major impact on
the sleep quality of their partner.
16
00:01:05,804 --> 00:01:08,324
And this often leads to
relationship problems.
17
00:01:10,365 --> 00:01:14,235
Currently there are two categories
of solutions for snoring, surgical,
18
00:01:14,265 --> 00:01:15,525
and nonsurgical solutions.
19
00:01:16,065 --> 00:01:19,994
Nasal surgery can be very effective
with current snoring yet it comes with
20
00:01:19,994 --> 00:01:23,475
all the associated costs and risks
involved with such an invasive procedure.
21
00:01:24,705 --> 00:01:27,854
The nonsurgical solutions to
snoring, there are many of them,
22
00:01:27,884 --> 00:01:31,905
but they're generally ineffective,
uncomfortable, and disposable.
23
00:01:33,315 --> 00:01:38,035
So Robert is my brother and
cofounder of NoseWings he's an
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00:01:38,164 --> 00:01:42,345
ear, nose and throat surgeon with a
PhD in nasal valve reconstruction.
25
00:01:42,765 --> 00:01:45,975
He's considered an expert in the
management of nasal airways and
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00:01:45,975 --> 00:01:50,025
frequently performed surgery on
people who suffer from snoring.
27
00:01:50,445 --> 00:01:55,275
He found out that that's a nonsurgical
solution to snoring are inadequate and
28
00:01:55,275 --> 00:01:59,415
therefore decided to develop a superior
alternative to the existing nasal dilators
29
00:01:59,625 --> 00:02:05,055
in terms of efficacy, comfort, and your
ability after many years of prototyping
30
00:02:05,085 --> 00:02:07,425
and medically testing on his patients.
31
00:02:07,845 --> 00:02:11,445
He has developed NoseWings
together with myself with division
32
00:02:11,445 --> 00:02:14,745
to help people breathe better,
sleep better, and live better.
33
00:02:17,475 --> 00:02:17,625
Yeah.
34
00:02:17,625 --> 00:02:20,535
So NoseWings is the first magnetic
nasal dilator in the world.
35
00:02:21,345 --> 00:02:24,645
As you can see, I personally
suffer from collapsing nostrils.
36
00:02:24,915 --> 00:02:28,665
This restriction, my nasal breathing, and
which forces me to breathe from my mouth.
37
00:02:29,145 --> 00:02:33,765
This causes me to while asleep snore
and frequently wake up with a dry mouth.
38
00:02:34,215 --> 00:02:39,075
How NoseWings works is by attaching
a nasal clip to each nostril, and
39
00:02:39,075 --> 00:02:43,454
the magnetic force opens up my nasal
passageway, allowing me to breathe
40
00:02:43,454 --> 00:02:45,614
better and thereby reduce my snoring.
41
00:02:45,915 --> 00:02:49,185
This allows me, and more importantly,
my partner to sleep better.
42
00:02:50,375 --> 00:02:56,055
By using empathy interviews with over
100 of the users we've experiment on we
43
00:02:56,055 --> 00:03:00,495
have shown that NoseWings outperforms
all existing nasal dilators in terms
44
00:03:00,495 --> 00:03:02,924
of efficacy, comfort, and durability.
45
00:03:03,300 --> 00:03:07,680
And in some cases can even eliminate
need for invasive nasal surgery.
46
00:03:09,030 --> 00:03:10,260
So a little bit about me.
47
00:03:10,350 --> 00:03:15,570
I'm a serial entrepreneur and I've
started grown and sold two businesses.
48
00:03:15,810 --> 00:03:19,950
My most recent venture with a skydiving
company that I sold to what now is the
49
00:03:19,950 --> 00:03:23,970
largest and only public listed company
that's a sky diving company in the world.
50
00:03:24,630 --> 00:03:27,420
Here are some of the achievements
we've reached so far with NoseWings.
51
00:03:27,750 --> 00:03:30,600
We've actually set the
manufacturing off to be scalable.
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00:03:30,900 --> 00:03:32,370
We're patented in Europe.
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00:03:32,685 --> 00:03:34,635
USA, Australia and New Zealand.
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00:03:34,935 --> 00:03:38,894
We've been TGA approved as a medical
grade one device, and we've been included
55
00:03:38,924 --> 00:03:43,065
in the Sydney innovation story digital
campaign and be shown at Darling Harbor.
56
00:03:44,075 --> 00:03:45,225
So how big is the market?
57
00:03:45,595 --> 00:03:48,825
Well in Australia alone, there's
7.5 million people who suffer from
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00:03:48,825 --> 00:03:53,834
snoring and of these 1.5 million,
are caused by nasal valve stenosis.
59
00:03:54,045 --> 00:03:56,174
This is our serviceable
addressable market.
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00:03:56,745 --> 00:04:03,090
We plan with NoseWings' unique selling
proposition and pricing at $50 to
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00:04:03,120 --> 00:04:08,910
acquire 1% of this market, which
will equate to $750,000 income in
62
00:04:08,910 --> 00:04:17,680
the first year, with an ambition to
reach 20% of the market, in year four,
63
00:04:17,910 --> 00:04:20,430
which will equate to $15 million.
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00:04:21,360 --> 00:04:22,920
How will you plan to achieve this?
65
00:04:23,100 --> 00:04:25,020
Is by using the following channels.
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00:04:25,580 --> 00:04:30,705
We'll drive, customers to our website
for digital marketing and social media
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00:04:30,705 --> 00:04:35,985
campaign, our retail channels will be
through sleep clinics and pharmacies.
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00:04:36,285 --> 00:04:40,605
And we're currently in negotiations
with two wholesale pharmacy, a
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00:04:40,635 --> 00:04:44,535
wholesale health care distributors
to distribute NoseWings worldwide.
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00:04:46,335 --> 00:04:51,505
So what we're asking for, which my
brother's medical experience expertise,
71
00:04:51,505 --> 00:04:56,530
and I'm from a narrow experience,
we're not ready to launch NoseWings
72
00:04:56,550 --> 00:04:59,099
into the Australian and global market.
73
00:04:59,479 --> 00:05:04,710
What we're looking for is introductions
to distribution partners and all
74
00:05:04,710 --> 00:05:07,830
the money won today, will go to
a digital marketing campaign.
75
00:05:09,000 --> 00:05:13,260
So finally, for all the people that have
raised a hand today, please come see me
76
00:05:13,289 --> 00:05:17,450
so that I can help you breathe better,
sleep better, and ultimately live better.
77
00:05:17,860 --> 00:05:25,050
Thank you.
Aron Day presenting Soccer Brain
Soccerbrain creates technology for football education. We specialise in education for amateur coaches & players.
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00:00:00,000 --> 00:00:19,221
<TAG>
2
00:00:21,081 --> 00:00:26,040
My name's Aaron founder Soccer Brain,
and long before this dad bod arrived.
3
00:00:26,130 --> 00:00:30,570
Um, I used to play soccer in
Germany, Sweden and the UK.
4
00:00:30,810 --> 00:00:35,160
And in the past 20 years, nothing has
changed in the amateur side of the sport.
5
00:00:36,150 --> 00:00:40,440
If your child loves soccer, you are
enrolled to play and you want to see
6
00:00:40,440 --> 00:00:42,660
them grow in skills and confidence.
7
00:00:43,019 --> 00:00:45,480
But the current Australian
process is like this;
8
00:00:45,480 --> 00:00:48,130
day one of training is quite intimidating.
9
00:00:49,120 --> 00:00:51,450
Your child would be
graded on their ability.
10
00:00:51,975 --> 00:00:54,375
Not by experts, but fellow parents.
11
00:00:54,465 --> 00:00:55,815
Every parent's worst nightmare.
12
00:00:56,355 --> 00:00:58,035
And then there'll be placed in a team.
13
00:00:59,115 --> 00:01:02,775
And then once they're placed in a team,
a member from the club will rock up
14
00:01:02,865 --> 00:01:04,495
and ask one of the parents to coach.
15
00:01:04,614 --> 00:01:07,285
Worse, I didn't sign up for this crap.
16
00:01:07,615 --> 00:01:09,855
And if you've thought
that, you're not alone.
17
00:01:10,105 --> 00:01:15,495
In fact, 80% of coaches, are
untrained parents or school teachers.
18
00:01:16,125 --> 00:01:19,105
And when we ask them if they'd
prefer to make a speech on venture
19
00:01:19,105 --> 00:01:20,535
day or coach their child's team?
20
00:01:20,625 --> 00:01:21,945
They chose the speech.
21
00:01:24,045 --> 00:01:25,125
And this has a problem.
22
00:01:25,545 --> 00:01:29,785
You see a child needs good coaching
to develop their skills and love
23
00:01:29,785 --> 00:01:34,645
of the game and the current system
produces low player development rates.
24
00:01:34,935 --> 00:01:38,745
zero data support or training,
but if you're a parent that can't
25
00:01:38,745 --> 00:01:43,110
afford additional training, you
can hire a private coach at $70 a
26
00:01:43,110 --> 00:01:47,490
session, you can join an Academy
at $1,600 to $5,000 a year.
27
00:01:47,850 --> 00:01:51,780
The sport is getting more expensive,
and if you're a good player, the better
28
00:01:51,780 --> 00:01:56,070
player you are, the more you will spend,
or you could watch YouTube, and you
29
00:01:56,070 --> 00:01:57,509
don't want your child watching YouTube.
30
00:01:57,570 --> 00:01:58,860
It'll just rot their brains.
31
00:02:00,740 --> 00:02:03,270
Well we redesigned the
experience for amateur coaches
32
00:02:03,270 --> 00:02:05,280
to impact millions of players.
33
00:02:05,789 --> 00:02:09,600
We did it by designing a product
for the coach and the player.
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00:02:11,025 --> 00:02:16,485
And we developed a patentable technology
that helps identify a novice coach
35
00:02:16,725 --> 00:02:18,585
and measure a player's skill aptitude.
36
00:02:18,825 --> 00:02:22,245
And what's really cool is it's
fun, it's interactive, it's easy to
37
00:02:22,635 --> 00:02:24,105
measure the players in your team.
38
00:02:24,315 --> 00:02:28,695
And then we generate a performance
report identifying a players talent
39
00:02:29,085 --> 00:02:30,645
or improvements they need to make.
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00:02:30,945 --> 00:02:34,875
From a business this helps us to
create content that's specific to the
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00:02:34,875 --> 00:02:38,955
team's skill level, and we deliver
it in a weekly video based course.
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00:02:39,360 --> 00:02:42,480
That they can read in their
phone on the way to training
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00:02:42,720 --> 00:02:44,280
cause they're time busy parents.
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00:02:46,650 --> 00:02:50,040
Well, there's three benefits for
a play out using Soccer Brain.
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00:02:50,910 --> 00:02:54,420
There's a continuous learning cycle,
which means that when training finishes,
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00:02:54,660 --> 00:02:56,670
they can still have access to content.
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They can practice at home.
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00:02:59,020 --> 00:03:03,030
There's a feedback loop direct to your
coach or parent so you can measure
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00:03:03,030 --> 00:03:05,100
your child's progress from afar.
50
00:03:06,060 --> 00:03:08,820
And the best part, you can
measure yourself against
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00:03:08,850 --> 00:03:10,050
another player in your team.
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So you can finally tell Bob
that you're faster than him.
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00:03:15,180 --> 00:03:19,320
Well, our process increases the speed
of player development, participation,
54
00:03:19,320 --> 00:03:24,600
and engagement by 70% at 20% of the
cost of traditional coaching services.
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00:03:25,079 --> 00:03:28,320
And we've already helped over
580 players within our pilot.
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00:03:30,150 --> 00:03:34,410
We market direct to clubs, but
also online through Facebook.
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00:03:35,310 --> 00:03:37,590
And now we've got great
morality in our product.
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So when a coach signs up, he'll add
seven to 10 players to the platform.
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2020 is looking good, we've got 650
signed up, ready for the 2020 season.
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00:03:49,080 --> 00:03:54,510
We've produced over 180 videos we're
localized in Chinese and we've got
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00:03:54,510 --> 00:03:57,820
patentable technology and we're
launching Soccer Brain Challenger,
62
00:03:57,820 --> 00:04:00,840
an app direct for players in April.
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00:04:02,460 --> 00:04:03,810
We sell out courses.
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00:04:04,260 --> 00:04:07,274
To coaches for $49 a month.
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Now the average American will spend
$650 on their child's sports education.
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00:04:14,295 --> 00:04:17,534
And when we tested this with
coaches that were willing to spend
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00:04:17,534 --> 00:04:20,565
between $15-30 a week on coaching.
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00:04:21,795 --> 00:04:26,594
If we hit 100,000 paying members
by year five that's $58.8 million.
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00:04:28,275 --> 00:04:29,685
But the market is massive.
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00:04:30,435 --> 00:04:34,695
Each year there's 300 million registered
players that facilitate the sport
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00:04:35,295 --> 00:04:37,605
and actively pay to play the game.
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00:04:38,295 --> 00:04:41,385
We believe we can impact
a million players by 2025.
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00:04:42,555 --> 00:04:44,615
We've got the team to achieve it.
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00:04:44,615 --> 00:04:49,865
I myself, I've run an academy, I've
played, I've coached over 16,000
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00:04:49,865 --> 00:04:53,225
juniors, and I'm looking forward
to doing something I haven't done
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00:04:53,225 --> 00:04:54,395
before, which is cheerleading.
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And Patrick, I've known for 15 years is
an experienced engineer, and we're both
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00:05:00,645 --> 00:05:02,294
passionate about solving this problem.
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00:05:04,015 --> 00:05:10,664
Our ask is $500,000 to help us get
10,000 players within the next 18 months.
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00:05:10,844 --> 00:05:16,065
We'll use it for marketing, but also
product development, working capital,
81
00:05:16,184 --> 00:05:22,125
and attract some talent, but for $10,000
today, you can help us achieve and impact
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00:05:22,125 --> 00:05:23,815
a thousand coaches in the following year.
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00:05:24,465 --> 00:05:27,435
Now there's a time when every
startup needs to jump from the nest.
84
00:05:27,705 --> 00:05:31,455
And when you work at public spaces
and coworking, it's challenging,
85
00:05:31,605 --> 00:05:34,425
especially when there's 18 year
olds studying for their HSC.
86
00:05:35,145 --> 00:05:38,775
But we've been able to build
a product that is live, it's
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00:05:38,775 --> 00:05:40,875
global, and it's scalable.
88
00:05:41,685 --> 00:05:43,965
So we're looking to talk with
people with experience in
89
00:05:43,965 --> 00:05:45,465
media, sports, and education.
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00:05:47,010 --> 00:05:50,850
Now we want to inspire a new parent-child
connection through football education.
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00:05:52,440 --> 00:05:53,310
Thank you for listening.
Bodhi Kawulia presenting mahānica
mahānica provides modern solutions to modern problems - from Food waste to Nuclear Fission. We abandon the notion of sustainability and replace it with Entropic Homeostasis.
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<TAG> <TAG>
2
00:00:20,880 --> 00:00:21,110
Alright.
3
00:00:21,450 --> 00:00:25,940
So my claim is that I can solve both
all the problems associated with food
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00:00:25,940 --> 00:00:29,325
waste and commercial agriculture,
respect with respect to the climate
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00:00:29,354 --> 00:00:31,125
and I find that screwed up too.
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00:00:31,125 --> 00:00:32,475
So obviously I got a lot to get through.
7
00:00:32,475 --> 00:00:33,565
So let's go.
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00:00:33,595 --> 00:00:36,375
Now, I'm sure everyone in this
room is more or less aware of the
9
00:00:36,375 --> 00:00:38,035
fact that food waste is a problem.
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00:00:38,035 --> 00:00:40,315
So I'm going to save us both the lecture.
11
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However just in case, I'll
give you a little refresher.
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So this is bad.
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00:00:50,955 --> 00:00:55,095
That is also bad.
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00:00:57,395 --> 00:01:00,535
bad, bad bad, bad, bad, bad...
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Yes.
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00:01:01,005 --> 00:01:02,975
So nothing particularly enlightening here.
17
00:01:02,975 --> 00:01:07,055
However, to be honest, food waste is kind
of an intuitive problem anyway, except the
18
00:01:07,055 --> 00:01:10,525
one thing that people often don't know is
that households are really the Achilles
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00:01:10,525 --> 00:01:14,465
heel here, it seems hard to believe,
because we all know that like commercial
20
00:01:14,465 --> 00:01:17,985
agriculture and supermarkets throw
out way more food waste in households.
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00:01:17,985 --> 00:01:18,315
Right?
22
00:01:18,795 --> 00:01:19,255
Wrong!
23
00:01:19,755 --> 00:01:22,145
Households actually throw out
seven times more food waste than
24
00:01:22,145 --> 00:01:25,695
the entire agricultural, forestry
and fishing industry combined.
25
00:01:25,725 --> 00:01:27,195
So what is the solution here?
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00:01:27,525 --> 00:01:29,505
Well, again, it lots of people,
seem to think, the answer
27
00:01:29,565 --> 00:01:31,475
in some form of compositing.
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But frankly composting sucks.
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00:01:33,645 --> 00:01:37,345
It's an inefficient low-grade fertiliser
and to put some numbers behind it, a
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00:01:37,345 --> 00:01:41,685
metric ton of compost is only worth
$30 now, this isn't even to mention
31
00:01:41,685 --> 00:01:44,775
the fact that composting is just
a super inconvenient thing to do.
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00:01:45,240 --> 00:01:48,330
I mean, it's slow, it's dirty,
it stinks, and you can't really
33
00:01:48,330 --> 00:01:49,470
do it in an apartment building.
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00:01:49,890 --> 00:01:52,050
So although you're definitely
not going to be finding a compost
35
00:01:52,050 --> 00:01:55,060
bin and actually Daniel's area
in sink, you might find EYWA.
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00:01:55,550 --> 00:01:59,220
So EYWA is our counterpart bio
waste converter and the worlds
37
00:01:59,220 --> 00:02:00,929
answer to the food waste crisis.
38
00:02:00,990 --> 00:02:05,940
So EYWA is just like an organic skin,
except it's way better, it uses a very
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00:02:05,940 --> 00:02:09,240
fancy technique to process your organic
food scraps and transform them into
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00:02:09,240 --> 00:02:11,519
an odorless nutrient rich biochar.
41
00:02:12,135 --> 00:02:15,335
Most people don't know what biochar
is so it is time for a science lesson.
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00:02:16,245 --> 00:02:19,305
So biochar is a type of activated
carbon, which can be used as
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00:02:19,305 --> 00:02:20,455
a powerful soil amendment.
44
00:02:20,455 --> 00:02:23,655
Now the underlying science is fairly
technical, but essentially biochar
45
00:02:23,795 --> 00:02:26,615
has the unique structure, which
gives it three main superpowers.
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00:02:27,015 --> 00:02:31,095
One, holds water really well, so you
can effectively, halve your water usage.
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00:02:31,435 --> 00:02:33,165
Two, doubles the speed of crop growth.
48
00:02:33,195 --> 00:02:37,275
And three, it partly passively sequesters
carbon from the atmosphere and uses
49
00:02:37,275 --> 00:02:39,015
it to enrich the surrounding soil.
50
00:02:39,510 --> 00:02:42,220
However, biochar doesn't just
have agricultural superpowers.
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00:02:42,220 --> 00:02:44,730
It's used in a host of
other industries as well.
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00:02:44,820 --> 00:02:47,530
And for this reason where as
compost sells for $30 a ton,
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00:02:47,530 --> 00:02:50,070
biochar sells for close to $3000.
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00:02:50,370 --> 00:02:52,470
Now keep this all in mind
because it is relevant.
55
00:02:53,190 --> 00:02:55,250
Going back to this whole EYWA
thing though, what is it?
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00:02:55,250 --> 00:02:56,070
And how will it work?
57
00:02:56,070 --> 00:02:59,400
Well you find some gross
bruise on your banana.
58
00:02:59,460 --> 00:03:00,830
You throw that banana to EYWA.
59
00:03:00,930 --> 00:03:04,920
Three hours later, you have some biochar
with which you can do one of two things.
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00:03:05,280 --> 00:03:08,680
One, you can use biochar on your own
garden as a powerful soil amendment.
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00:03:09,255 --> 00:03:13,075
Or two, you can give that biochar back
to us the parent company and we will then
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00:03:13,135 --> 00:03:16,905
sell it on your behalf, within our client
networks of farms and agriculturalists.
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00:03:17,355 --> 00:03:19,965
So this way, if you live in an apartment
or just produce more biocarb than
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00:03:19,965 --> 00:03:23,175
you need, you can still recover the
full salary value of your food waste.
65
00:03:23,325 --> 00:03:26,475
Now under this model, the average
household should be able to realize
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00:03:26,475 --> 00:03:30,165
at least 15% of their annual grocery
bill close to a thousand dollars.
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00:03:30,765 --> 00:03:32,835
So in fact, we've commodified food waste.
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00:03:32,895 --> 00:03:35,835
And now we've all heard of like
farm to table products and now we
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00:03:35,835 --> 00:03:37,995
can have table to farm produce.
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00:03:38,295 --> 00:03:40,905
So this is all well and good,
but let's also keep tally of the
71
00:03:40,905 --> 00:03:42,005
impact we're able to have here.
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00:03:42,525 --> 00:03:46,965
So firstly, EYWA us to utilize
the superpower of biochar at an
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00:03:46,965 --> 00:03:50,625
industrial scale, which aids us
in netting out the emissions of
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00:03:50,625 --> 00:03:52,215
the entire agricultural industry.
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00:03:52,575 --> 00:03:56,115
However, in in commodifying food
waste we're also able to keep food
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00:03:56,115 --> 00:03:58,935
waste from entering landfill in the
first place, which tackles the world's
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00:03:58,965 --> 00:04:00,765
third largest environmental threat.
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00:04:01,675 --> 00:04:04,807
Further as a bonus for keeping all this
food out of landfill we're also able to
79
00:04:04,807 --> 00:04:08,954
save the federal government, $250 million
per annum in waste management costs, and
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00:04:08,954 --> 00:04:11,404
this is the despite the fact we're going
to have to deal with an increase in other
81
00:04:11,404 --> 00:04:14,714
waste products like plastics and metals
because age is not taking them anymore.
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00:04:15,075 --> 00:04:16,065
And what do you get for your troubles?
83
00:04:16,065 --> 00:04:18,315
What will you still find yourself a
pretty penny and all you had to do
84
00:04:18,315 --> 00:04:20,265
was throw up banana in another bin.
85
00:04:20,805 --> 00:04:23,745
Now for me, it's not a question of whether
or not a waste management system might
86
00:04:23,745 --> 00:04:25,185
this is going to exist in the future.
87
00:04:25,215 --> 00:04:28,065
It's a question of who is going
to do it first because the current
88
00:04:28,065 --> 00:04:30,015
composting solutions are non-starters.
89
00:04:30,630 --> 00:04:34,380
The same way the iPhone killed the
landline, fire drivers, bodies compost.
90
00:04:34,380 --> 00:04:36,210
It's not a discussion, it's obsolete.
91
00:04:37,500 --> 00:04:41,010
Now, currently the countertop biochar
space isn't blue ocean, but it is a
92
00:04:41,010 --> 00:04:44,940
market, ripe for competition.The biochar
market's worth about $8 billion at the
93
00:04:44,940 --> 00:04:49,500
moment, and the home appliance market is
going to be worth $760 billion by 2025.
94
00:04:50,110 --> 00:04:52,560
Time to give the people what
they want, exponential growth.
95
00:04:52,650 --> 00:04:57,990
Um, so yes, this is now expected growth
against the market, and as you can see,
96
00:04:57,990 --> 00:05:03,390
we're expected to hit $250 million in
revenue in the first five years of sale.
97
00:05:03,390 --> 00:05:08,880
How, my ultimate goal for this project
is to have it be as necessary to own in
98
00:05:08,880 --> 00:05:10,930
your house as a stove, fridge, or oven.
99
00:05:10,980 --> 00:05:12,900
So yes, it is still some years away.
100
00:05:13,275 --> 00:05:15,645
So where are on this journey?
101
00:05:15,675 --> 00:05:18,125
Well, we're about here.
102
00:05:19,545 --> 00:05:24,525
So Sylvia is from first sales revenue.
103
00:05:24,525 --> 00:05:27,075
However, um, I've recently been
in discussion with one of the
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00:05:27,075 --> 00:05:29,985
world's most successful comedians
and together we're working on a
105
00:05:29,985 --> 00:05:33,075
strategy that which will allow us
to go to market before our product
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00:05:33,135 --> 00:05:34,635
actually ready to enter the market.
107
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So, uh, stay tuned for that.
108
00:05:37,605 --> 00:05:41,160
Um, However as of current, I primarily
been focused on researching the underlying
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00:05:41,250 --> 00:05:43,590
science and economics of this project
this project to make sure it has legs,
110
00:05:43,890 --> 00:05:47,940
built, some very rudimentary prototypes
and I'm ready for the next stage.
111
00:05:48,630 --> 00:05:51,740
My background is in mathematics
and finance, so I'm currently
112
00:05:51,740 --> 00:05:54,210
looking for a CTO to help
bridge some of engineering gaps.
113
00:05:54,600 --> 00:05:58,810
However what I'm asking for today is
$60,000 to help me build a laboratory
114
00:05:58,830 --> 00:06:02,700
prototype, which will aid in further
testing and development work, which
115
00:06:02,700 --> 00:06:05,850
will later inform the development
of a fully fabricated and MVP.
116
00:06:06,630 --> 00:06:06,930
Thank you.
Surithi Yogalingam presenting Arula
Arula is 3D printing breast prosthesis for women who've had breast removal due to breast cancer.
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00:00:20,070 --> 00:00:22,650
Sorry, I'll make this very quick.
2
00:00:23,130 --> 00:00:24,119
Um, I'll make this really quick.
3
00:00:24,150 --> 00:00:24,480
Hi.
4
00:00:24,480 --> 00:00:28,900
My name's Suri and I'm one of the
cofounders Arula and at Arula we 3D print
5
00:00:28,920 --> 00:00:32,460
breast prostheses for women who've had
breast removal, due a breast cancer.
6
00:00:32,790 --> 00:00:38,879
Our journeys was inspired by Odile who
had a mastectomy in 1986 and 33 years
7
00:00:38,879 --> 00:00:44,250
ago, she was handed a piece of plastic
to wear in her bra after one of the
8
00:00:44,250 --> 00:00:46,680
worlds, most excruciating surgeries.
9
00:00:47,235 --> 00:00:48,584
I want you to think
about that for a minute.
10
00:00:48,584 --> 00:00:51,614
If someone handed you a piece of
plastic after you've been through
11
00:00:51,855 --> 00:00:54,044
three years of pain and suffering.
12
00:00:54,705 --> 00:00:55,605
It's not right.
13
00:00:55,995 --> 00:00:59,675
And you'd imagine in three decades
when we have inventions like bionic
14
00:00:59,775 --> 00:01:02,745
eyes and they're really cool thing
that Bodhi was telling us before
15
00:01:02,955 --> 00:01:04,515
that we could've have done better.
16
00:01:05,144 --> 00:01:08,685
But the truth is we haven't because
women are being handed pieces of
17
00:01:08,685 --> 00:01:10,905
silicon to wear in a bra instead.
18
00:01:11,175 --> 00:01:12,815
And that's why we created Arula.
19
00:01:13,125 --> 00:01:17,655
Our entire mission is to give back
choice and dignity to women who've
20
00:01:17,655 --> 00:01:23,385
lost a part of themselves, and we
do this because it isn't just Odile.
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00:01:24,015 --> 00:01:29,955
One in nine women have to go through
a mastectomy that 66% of all breast
22
00:01:29,955 --> 00:01:35,835
cancer patients with 250,000 patients
having to go through this procedure
23
00:01:36,015 --> 00:01:38,025
every year, just in Australia.
24
00:01:38,085 --> 00:01:41,145
That's 1% of our entire population.
25
00:01:42,195 --> 00:01:46,305
And if you're a masectomy patient
today, you only have two options.
26
00:01:46,605 --> 00:01:50,925
The first option is to use that cheap,
poorly made abrasive Silicon inset that
27
00:01:50,925 --> 00:01:55,145
I mentioned before, which is extremely
painful, especially if you've had nerve
28
00:01:55,215 --> 00:01:59,505
damage and if you perspire then it can
just like slip away from your body.
29
00:01:59,565 --> 00:02:00,555
It really isn't great.
30
00:02:00,855 --> 00:02:05,745
The other option is to go through
really painful, invasive and expensive
31
00:02:05,775 --> 00:02:09,735
reconstructive surgery, which some
women aren't even eligible for because
32
00:02:09,735 --> 00:02:13,905
once you've had chemo, it can depress
your immune system and going through
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00:02:13,905 --> 00:02:17,385
surgery again can put you at risk of
hospital acquired infection, which is
34
00:02:17,385 --> 00:02:21,735
actually the number one killer in the
world and it causes such a big gap.
35
00:02:22,140 --> 00:02:25,360
We really wanted to create something
that would actually fit these women.
36
00:02:25,870 --> 00:02:27,370
So that's our product, Invisible.
37
00:02:27,710 --> 00:02:33,600
Invisible is a completely curated 3D
printed external breast prostheses,
38
00:02:33,750 --> 00:02:37,560
which comes in a super comfortable bra,
which holds all the weight in the back.
39
00:02:37,710 --> 00:02:42,300
Essentially what we do is that
we 3D print moulds that fit every
40
00:02:42,300 --> 00:02:46,740
woman regardless of shape, size,
or figure, and most importantly.
41
00:02:46,865 --> 00:02:50,405
The number one concern that all
of our women have told us is that
42
00:02:50,405 --> 00:02:52,145
weight distribution is a problem.
43
00:02:52,385 --> 00:02:57,485
So we invented a material mix, which
is 95% lighter than anything else on
44
00:02:57,485 --> 00:03:01,235
market, and in two weeks we should
have a patent pending status on that.
45
00:03:02,405 --> 00:03:05,165
And most importantly in this
product, we want to make it
46
00:03:05,225 --> 00:03:06,665
as comfortable as possible.
47
00:03:06,905 --> 00:03:10,625
All of us have a hoodie hidden in the back
of a closet that we wear on a rainy day.
48
00:03:10,745 --> 00:03:12,755
It's meant to be as comfortable as that.
49
00:03:13,830 --> 00:03:17,640
And the best part about this entirely is
the fact that the product is completely
50
00:03:17,640 --> 00:03:19,860
rebated by Medicare and Medicaid.
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00:03:20,010 --> 00:03:22,830
So in three countries, in
Australia, in New Zealand, and
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00:03:22,830 --> 00:03:24,780
in the UK, we've 100% rebate.
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00:03:24,930 --> 00:03:26,820
So this product is free of cost.
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00:03:27,120 --> 00:03:28,650
We charge for, and in- sorry.
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00:03:28,680 --> 00:03:32,160
In the U S we have an 80% rebate through
Medicaid, the federal health initiative.
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00:03:33,070 --> 00:03:36,970
We charged $400 for single
masectomy, patient and $800 for
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00:03:36,970 --> 00:03:38,230
a double mastectomy patient.
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00:03:38,290 --> 00:03:41,769
It costs us $70 make each unit,
and that's at market value.
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00:03:41,769 --> 00:03:47,350
Today with our supply chain introduced
and all of our distributors, distribution
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00:03:47,350 --> 00:03:51,700
partners organized, we should be able to
bring that cost down to $30 per piece.
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00:03:53,234 --> 00:03:55,214
And the process is super
efficient and easy.
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00:03:55,274 --> 00:03:58,545
We didn't want to make this as
complicated as we could, so you just
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00:03:58,545 --> 00:04:02,774
stay at home, download our app, take a
couple of pictures and these pictures
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00:04:02,774 --> 00:04:04,575
assimilate to a 3D model for us.
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00:04:04,725 --> 00:04:07,405
We come up with this design, we
fit it to one of our prototypes.
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00:04:07,605 --> 00:04:08,565
We send it back to you.
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00:04:08,615 --> 00:04:10,515
Tell us, if you want to live
in more, a little bit less...
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00:04:10,515 --> 00:04:14,774
We can work it out with our team
and after that we print it, put
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00:04:14,774 --> 00:04:17,125
all the things that need to be
put together and ship it to you.
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00:04:17,245 --> 00:04:17,865
It's that simple.
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00:04:17,894 --> 00:04:19,635
The turnaround should be less than a week.
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00:04:20,579 --> 00:04:23,070
And it's not just me, so I'm not
speculating who came up with this,
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00:04:23,250 --> 00:04:26,190
my beautiful co-founders sitting
over there and between the two of
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00:04:26,190 --> 00:04:28,590
us, we have the necessary skill
sets to actually execute this.
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00:04:28,890 --> 00:04:32,130
I come from anatomy background,
Steph does biomedical engineering
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00:04:32,400 --> 00:04:35,430
and most importantly, we're super,
super passionate about this.
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00:04:35,550 --> 00:04:38,580
I don't think I've slept more than 45
minutes a day since I started this.
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00:04:39,750 --> 00:04:43,470
Genuinely, I'll say that because
I've spoken to over 4,000 women
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00:04:43,470 --> 00:04:46,470
who've had this problem and every
single day that keeps me going.
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00:04:47,055 --> 00:04:50,775
And we genuinely want to execute this
and we've got a bunch of beautiful
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00:04:50,775 --> 00:04:52,635
people who help us out once in a while.
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00:04:52,635 --> 00:04:55,335
If you have any questions about investment
or any of the things that we're not
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00:04:55,335 --> 00:04:59,755
particularly experts, have expertise in,
but also recently we joined Startmate
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00:04:59,775 --> 00:05:02,625
who would be super helpful in getting
us all the things that we don't really
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00:05:02,625 --> 00:05:04,905
have and really accelerating outgrowth.
86
00:05:05,805 --> 00:05:08,685
So our one was very simple,
ladies and gentlemen.
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00:05:09,225 --> 00:05:13,534
We just want to hit world domination by
2025 we just want to make sure that no
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00:05:13,695 --> 00:05:15,555
woman fears what's beyond breast cancer.
89
00:05:15,645 --> 00:05:16,665
It's really simple.
90
00:05:16,725 --> 00:05:19,155
We want to make sure this
product gets into the hands
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00:05:19,155 --> 00:05:20,445
of people who really need it.
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00:05:20,445 --> 00:05:25,165
At no cost, and this is how you can help.
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00:05:25,385 --> 00:05:29,565
If I could ask everyone to take
a minute to think about someone
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00:05:29,565 --> 00:05:30,855
in their life who could use this.
95
00:05:31,395 --> 00:05:33,105
Please come and talk to me afterwards.
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00:05:33,165 --> 00:05:37,905
My name is Suri, by the way,
I don't bite and I genuinely
97
00:05:37,905 --> 00:05:39,135
would really appreciate it.
98
00:05:39,255 --> 00:05:43,065
But also if you not any medical
professionals, if they could be helpful,
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00:05:43,065 --> 00:05:46,335
if they could sign up to our mailing list,
if they could just, if they think about
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00:05:46,335 --> 00:05:49,575
someone that could use us, definitely
the referral would be really helpful.
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00:05:49,755 --> 00:05:53,565
But most importantly, if you can't help us
out in that way, just show us some love.
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00:05:54,195 --> 00:05:57,285
So if you could give us a like of Facebook
right now, it would help us in getting
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00:05:57,285 --> 00:06:01,205
the exposure to make sure that no woman
fears what's beyond breast cancer.
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00:06:01,375 --> 00:06:02,275
My name is Suri.
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00:06:02,315 --> 00:06:03,015
I'm from Arula.
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00:06:03,335 --> 00:06:03,965
Do you have any questions?
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00:06:03,965 --> 00:06:04,955
Come and talk to me afterwards.
Subana Paramuthevar presenting PostcodeF
PostcodeF is a program that connects migrant and refugee talent with businesses committed to racial equity and fostering inclusion.
1
00:00:20,920 --> 00:00:24,100
Hi, everyone for those of
you who do not know me.
2
00:00:24,490 --> 00:00:25,290
My name is Subana.
3
00:00:25,290 --> 00:00:26,750
I'm the founder of PostcodeF.
4
00:00:28,669 --> 00:00:34,095
PostcodeF is a for-profit social
venture, and our mission and vision is to
5
00:00:34,095 --> 00:00:38,295
reimagine a world where every individual's
true potential is fully realized
6
00:00:38,775 --> 00:00:40,374
regardless of their circumstances.
7
00:00:41,944 --> 00:00:42,855
Meet Dinesh.
8
00:00:43,115 --> 00:00:46,095
Dinesh, is a 28 year old
engineering graduate from India.
9
00:00:47,805 --> 00:00:50,864
When you arrive to Australia as
a skilled migrant, he key applied
10
00:00:50,925 --> 00:00:53,114
to an average of 20 jobs per day.
11
00:00:53,295 --> 00:00:55,125
That's 600 jobs per month.
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00:00:55,695 --> 00:01:00,045
At the end of three months, 70% of
the recruiters and companies that he
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00:01:00,045 --> 00:01:03,705
applied to came back to reject him as
he did not have any local experience.
14
00:01:04,155 --> 00:01:05,595
The rest never replied.
15
00:01:07,205 --> 00:01:08,205
Meet Justin.
16
00:01:08,384 --> 00:01:13,125
Justin is a founder of 80/20 consulting,
a digital transformation business that
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00:01:13,125 --> 00:01:14,735
works with large scale corporates.
18
00:01:16,214 --> 00:01:21,660
As a startup founder, Justin is
constantly forced to wear multiple hats.
19
00:01:21,840 --> 00:01:25,170
Time and resource are a huge constraint,
and even though he's always looking for
20
00:01:25,170 --> 00:01:28,890
talent, he doesn't have the resource to
invest into talent acquisition himself.
21
00:01:29,640 --> 00:01:32,610
Finally, he's afraid of bringing on
the wrong person because what that
22
00:01:32,610 --> 00:01:37,020
means is the loss of productivity, a
business, a brand erosion as well as
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00:01:37,020 --> 00:01:38,600
reputational risk with the clients.
24
00:01:41,910 --> 00:01:45,195
Dinesh and Justin aren't the only
ones in this respective situations.
25
00:01:45,345 --> 00:01:49,994
Last year, 113 skilled migrants moved
to Australia and almost all of them
26
00:01:50,175 --> 00:01:54,255
reported facing challenges to find
their first role because of a lack
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00:01:54,255 --> 00:01:56,505
of local reference and experience.
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00:01:57,354 --> 00:02:02,384
13,000 refugees came to Australia last
year, most of them working age who also
29
00:02:02,384 --> 00:02:03,824
struggled to find their first role.
30
00:02:05,790 --> 00:02:09,960
Justin was one of 80% of startups
and SME's, that struggled to find
31
00:02:09,960 --> 00:02:11,700
talent to meet the business needs.
32
00:02:13,010 --> 00:02:17,660
This was the impetus behind PostcodeF
an end to end recruitment program that
33
00:02:17,660 --> 00:02:22,550
connects offline and online digital
strategy and can extend qualified migrant
34
00:02:22,550 --> 00:02:26,840
and refugee talent, which startups and
SME's looking for talent in a flexible
35
00:02:27,020 --> 00:02:28,820
thoughtful and streamlined manner.
36
00:02:30,810 --> 00:02:35,429
So what do we offer for employers,
we offer STEM focused hiring
37
00:02:35,459 --> 00:02:38,250
that's specifically designed
for the needs of the business.
38
00:02:39,179 --> 00:02:44,040
We offer post-placement and onboarding
program once the hire is actually made,
39
00:02:44,399 --> 00:02:46,290
and that will last for a 12 month period.
40
00:02:47,790 --> 00:02:51,790
For candidates, we offer free training
and development workshops so they
41
00:02:51,790 --> 00:02:56,250
are skilled when they actually go to
these employees in an interview and
42
00:02:56,250 --> 00:02:59,880
we offer them an opportunity to gain
contract and permanent employment.
43
00:03:02,010 --> 00:03:03,089
So how does this work.
44
00:03:03,885 --> 00:03:06,135
For the migrant and refugee candidate.
45
00:03:06,435 --> 00:03:10,575
They jump online and apply for a
role with us after which we contact
46
00:03:10,575 --> 00:03:12,195
them for simple skills screening.
47
00:03:13,065 --> 00:03:16,995
We then invite them to a face to face
training and assessment day where they
48
00:03:17,075 --> 00:03:20,685
spend time with a group of individuals,
so in the same situation as them
49
00:03:20,805 --> 00:03:22,785
who also share a similar skill set.
50
00:03:23,535 --> 00:03:26,505
Once this is completed, we conduct
an individual technical test
51
00:03:26,505 --> 00:03:30,195
interview training based on the
resources that we've provided them.
52
00:03:31,460 --> 00:03:34,470
After which we matched them
with an appropriate client.
53
00:03:35,410 --> 00:03:39,050
For the startup and SME, they
register for free on our website,
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00:03:39,050 --> 00:03:43,220
which is PostcodeF.com We then
offer a free face-to-face consulting
55
00:03:43,220 --> 00:03:46,190
session to truly understand what
the business need that is, that they
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00:03:46,190 --> 00:03:47,500
are looking to solve with this hire.
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00:03:47,940 --> 00:03:51,780
We then create a business simulation
based on the business problem, and
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00:03:51,780 --> 00:03:55,280
we upload that onto postcodeF and
we match them with a candidate.
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00:03:56,680 --> 00:03:57,900
This is where the magic happens.
60
00:03:58,575 --> 00:04:02,265
By creating an intimate interview
situation that is purely online, we
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00:04:02,265 --> 00:04:05,475
give an opportunity to the migrant
refugee candidate to showcase these
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00:04:05,475 --> 00:04:10,395
skills in a less intimidating fashion
for startup and SME, by digitally
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00:04:10,395 --> 00:04:13,685
collaborating with the candidate,
they're able to assess the candidates
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00:04:13,685 --> 00:04:16,125
skills through a quantitative framework.
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00:04:18,055 --> 00:04:24,555
Post-collaboration feedback is shared.
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00:04:25,095 --> 00:04:26,655
If the candidate is successful.
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00:04:27,240 --> 00:04:30,480
I bring him on contracted is the
contract is initiated with a startup
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00:04:30,480 --> 00:04:34,560
or SME, and if you've got a successful,
a decision to hire us made after
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00:04:34,560 --> 00:04:38,010
which we support which settlement and
onboarding for the next 12 months.
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00:04:38,340 --> 00:04:43,050
If the candidate does not pass the three
month contract, they go back into our
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00:04:43,050 --> 00:04:46,700
pool of candidates, except this time with
three month work experience in Australia.
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00:04:48,710 --> 00:04:52,360
We were able to introduce Dinesh
to Justin and through the PostcodeF
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00:04:53,280 --> 00:04:54,810
certified digital collaboration.
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00:04:54,900 --> 00:04:59,114
He was able to get a three
month contract with 80/20.
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00:05:00,854 --> 00:05:03,885
This is an entirely free service
for refugees and migrants.
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00:05:04,244 --> 00:05:05,505
For startups and SMEs.
77
00:05:05,505 --> 00:05:09,885
We charge 2% of the equivalent salary for
the candidates equivalent salary for the
78
00:05:09,885 --> 00:05:12,934
three month contract, and then, sorry 2%.
79
00:05:13,205 --> 00:05:19,635
Apologies, gettinga bit greedy there,
8% for the rest of the services.
80
00:05:19,635 --> 00:05:21,945
That includes the first
placement hire and onboarding.
81
00:05:24,190 --> 00:05:27,330
Australia can a phenomenal growth
of startups, and it's amazing.
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00:05:27,350 --> 00:05:30,760
The last couple of few years, at the
moment, there's 4,000 plus startups in
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00:05:30,760 --> 00:05:34,510
Australia and 770 plus SMEs in Australia.
84
00:05:34,540 --> 00:05:39,040
This has led to a huge boost in
STEM job opportunities as well.
85
00:05:40,680 --> 00:05:44,520
PostcodeF will focus purely on the
Sydney market to start off with, we will
86
00:05:44,530 --> 00:05:49,219
focus on the Sydney startup partners
in UTS startups that are available and
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00:05:49,420 --> 00:05:52,315
aim to focus on 10% of these startups.
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00:05:53,655 --> 00:05:57,025
We will then focus on expansion
into SME markets, which boast
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00:05:57,045 --> 00:05:58,545
similar opportunities and problems.
90
00:05:58,545 --> 00:06:00,825
However, boast a much larger market size.
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00:06:02,125 --> 00:06:05,275
Our go to market strategy will
be multi-pronged in nature.
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00:06:06,285 --> 00:06:11,425
I inter-utilised like my existing network
from previous work experience, but also,
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00:06:11,545 --> 00:06:17,400
aim to get on the distribution list
of the various coworking spaces that
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00:06:17,430 --> 00:06:19,650
we will that are on this startup part.
95
00:06:20,940 --> 00:06:25,409
Finally, we'll aim to run free events
focusing on how to recruit when
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00:06:25,409 --> 00:06:29,890
you're a startup 101, and introduce
thought services through that.
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00:06:32,390 --> 00:06:35,039
Our talent pools will be built
with strategic partnerships with
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00:06:35,039 --> 00:06:38,400
the refugee council of Australia,
settlement services international,
99
00:06:38,460 --> 00:06:41,310
and the Australian government through
the department of home affairs.
100
00:06:43,790 --> 00:06:47,375
Our first year growth will be purely
focused on startup placements after
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00:06:47,375 --> 00:06:51,275
which, in the second year we'll
be looking at expanding through
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00:06:51,365 --> 00:06:52,925
placements into the SME market.
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00:06:53,105 --> 00:06:56,705
Longer term, our strategy is to
create a service for large corporates.
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00:06:59,034 --> 00:07:02,775
Looking at the competitive landscape,
as you can see, there is a myriad
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00:07:02,795 --> 00:07:05,455
of not for profits who are doing
something nominal work in here.
106
00:07:05,695 --> 00:07:08,755
However, they don't have
a specific specialization.
107
00:07:09,344 --> 00:07:11,565
And don't really focus on
just purely recruitment.
108
00:07:12,164 --> 00:07:15,405
On the other side, we've got large
scale corporations and recruitment
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00:07:15,405 --> 00:07:18,765
firms such as Hays and Robert Walters
who offer recruitment services
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00:07:18,765 --> 00:07:20,164
to large corporates and SME's.
111
00:07:20,375 --> 00:07:24,075
However, don't focus purely on the
immigrant and refugee experience.
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00:07:24,945 --> 00:07:26,835
That's the area we're
looking to monopolize.
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00:07:29,804 --> 00:07:30,554
This is me.
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00:07:30,625 --> 00:07:32,565
I'm a one woman show at the moment.
115
00:07:32,745 --> 00:07:36,255
Um, I am currently a recruiting
lead at Uber focusing on the
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00:07:36,255 --> 00:07:37,935
ANZ and Singapore market.
117
00:07:38,864 --> 00:07:43,445
I've worked with small to medium size
enterprises as well as large corporations.
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00:07:43,474 --> 00:07:47,414
I'd like to think I really understand
what businesses, the challenges businesses
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00:07:47,414 --> 00:07:48,885
through from a recruitment perspective.
120
00:07:49,335 --> 00:07:53,594
I'm also a daughter of two migrants,
so I'd like to think I also understand
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00:07:53,594 --> 00:07:54,854
experience from the other side.
122
00:07:55,155 --> 00:07:57,585
Some of the brands that
I've serviced previously.
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00:07:58,935 --> 00:08:03,044
My humble ask today is introductions
to SME's and startup founders who
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00:08:03,044 --> 00:08:04,515
are willing to pilot our program.
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00:08:05,505 --> 00:08:09,135
As I've mentioned previously, I am
a one woman show, so I would love, I
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00:08:09,135 --> 00:08:13,125
love introduction food to anyone with a
technology, sales and marketing or impact
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00:08:13,125 --> 00:08:15,284
investment to join our advisory board.
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00:08:15,795 --> 00:08:20,155
The $80,000 that I'm asking for today
will help in getting PostcodeF off the
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00:08:20,175 --> 00:08:25,784
ground by building a piece of technology
that will help us scale this business.
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00:08:26,145 --> 00:08:26,625
Thank you.
Going through the UTS Venture Day made me think about my business and how to position it in the most investible way. It gave me the opportunity to not only understand the true value of my startup, but also myself as a founder, and what value I bring to Asendium and the team!
- Sharon Lee, Co-Founder Asendium and Venture Day Winner