NZ Business Podcast - Paul Spain
01:07:41 · Jamie Beaton
[01:07:41] S0: The last thing I'd add, I often say this to students, but I think it's really relevant to kind of entrepreneurs, business people listening, is that often you're really only limited by your ambition in terms of what, you know, what you wanna achieve. So I guess we started this when we were naive, still naive, but, you know, we foolishly think we could take on the world. And so just, you know, not having limitations like thinking, oh, you know, Russia's a funny market or, you China's a totally different world and just going for it can often get a really quite exciting result. So I would really encourage people to be really ambitious with their companies, think about what they can do offshore and how big they can make them. The second thing I would say is capital access has never been better. Particularly as a young person today, you know, the idea that my team of 25 year olds could raise all this capital, etcetera, it sounds a bit ridiculous, you know, a couple of years ago. But these days, there are many venture capital funds that wanna bet on good ideas with ambitious people that can create something meaningful. And that means that for, you know, young people and people in general, there's a lot more capital available to fuel ideas than ever before. Also, means the competitive environment has accelerated. So you... If you're just sitting there with a business growing at a certain pace and your competitors are raising venture capital and going very quickly, that's gonna put pressure on you too. So these dynamics basically speed up the life cycle of creating a company, and that's quite a powerful tool for entrepreneurs to use. So a couple of final remarks I'll leave the listener with.
01:08:53 · Paul Spain, Jamie Beaton
[01:08:53] S1: Excellent. Oh, well, thanks very much for coming on the show. [01:08:55] S0: Thanks, Paul. [01:08:56] S1: Really enjoyed it. Great news. I mean, we'll look forward to following where things head to from here, and wish you every success. [01:09:03] S0: Thank you. Appreciate it. You [01:09:04] S1: too. Alright. Thanks, Jamie. Well, I hope you enjoyed hearing from Jamie Beaton and learning about Crimson Education. Keep an eye out for a continuation of Crimson's incredible journey here on New Zealand Business Podcast. And be sure to listen in to our other episodes featuring many of New Zealand's most successful leaders, including founders such as Rod Drury of Xero, Cecilia and James Robinson of My Food Bag, sir Peter Beck of Rocket Lab, Brooke Roberts of Sharesies, sir Michael Hill, and many more. The New Zealand Business Podcast is brought to you by One New Zealand and my firm, Gorilla Technology. If your midsize or smaller organization is struggling with any aspect of IT, feel free to get in touch. I'd love to have a coffee with you. The New Zealand Business Podcast brought to you by Gorilla Technology, your strategic and proactive IT partner.