The Richards Report

In this episode of The Richards Report host Ted Richards and Heaps Normal Co-Founder & CEO, Andy Miller discuss the rise of no/low alcoholic drinks. Discussion includes the following; •Global trends of non-alcoholic drinks around the world •The brands having most success with non alcoholic drinks •New ways non-alcoholic beer can be brewed •Starting a business and going through the Startmate process •The impact COVID has had on the business •Previous episodes referenced: Nick Crocker and Matt Allen Heaps Normal is available all over Australia. It can also be purchased direct through the Heaps Normal website. Use discount code: richardsreport to receive free postage. *As discussed in the episode I am an investor in Heaps Normal. But there are many other great non-alcoholic drink companies, all discussed in the episode, including Sobah, Up Flow, Lyres & Seedlip.

In this episode of The Richards Report host Ted Richards and guest Jobe Watson discuss; •How commentary of AFL games has changed due to COVID •The latest on Jobe's cafes (Hole in the Wall) in the US and navigating an American hospitality business through COVID •Jobe's new business venture, Morning Joe high-quality instant coffee. If you would like to order Morning Joe use the discount code RICHARDSREPORT at checkout for 20% off your order •We revisit Jobe's early calls on cryptocurrencies from over 4 years ago •Jobe discusses working in the property industry throughout COVID, how quickly sentiment shifted in 2020, and his thoughts on the current market.

Whisky Loot and Gin Loot are liquor subscription businesses. In the discussion we cover; - How Joel is disrupting the traditional retail model/experience for selecting and buying spirits - The benefits of a direct to consumer business like this - The paradox of choice when it comes to making a decision If you are interested in trying Whisky Loot and/or Gin Loot out use promo code TRR20 for 20% off your first order Whisky Loot https://whiskyloot.com/ Gin Loot https://ginloot.com/ Click here to donate/support my challenge in Fred's Big Run and support the Fred Hollows Foundation https://www.fredsbigrun.org/fundraisers/tedrichards/freds-big-run-2021 Follow me on Instagram Instagram: https://www.instagram.com/tedrichards25/?hl=en

Here is a re-release of an episode I recorded back in May of 2019 and I want to bring it back to the top of your feed if you missed it the first time as much has happened since it was first released. Nick Hungerford is the founder of Nutmeg, the largest robo-adviser in Europe. He is also a digital ambassador for the UK Department of International Trade, a member of the European Power 50 and recipient of Spears Entrepreneur of the year award. In this episode, we discuss the challenges of being an entrepreneur and raising money and growing a Fintech business. In a relatively short period of time Nutmeg has opened up professional investment management to segments of people in the UK that have never had access to it before. Nick has since stepped away from Nutmeg and is now involved in a venture capital fund in Singapore called Portage. To sign up and join the Richards Report Team for Fred's Big Run click here; https://www.fredsbigrun.org/fundraisers/teamrichardsreport Or click here to donate/support my challenge in Fred's Big Run https://www.fredsbigrun.org/fundraisers/tedrichards/freds-big-run-2021 Instagram: https://www.instagram.com/tedrichards25/?hl=en

Ted and Matt discuss the following topics; - The usual venture capital (VC) model and what makes the Tractor model different - Typical risks investing in early-stage investments (and potential rewards) - What makes a good early-stage investor - The Startmate program To sign up and join the Richards Report Team for Fred's Big Run click here; https://www.fredsbigrun.org/fundraisers/teamrichardsreport Or click here to donate/support my challenge in Fred's Big Run https://www.fredsbigrun.org/fundraisers/tedrichards/freds-big-run-2021

In this episode of The Richards Report podcast Ted speaks with Sam Wood about his journey, calculated risks he has taken and lessons learned from starting different businesses. In particular they discuss; - How Sam's career in fitness all started (changing university degrees) - Identifying new business opportunities and backing himself (28, Gecko) - Taking calculated risks outside Sam's comfort zone (The Bachelor) - Recognising business opportunities new technology can create (28) - Post corona, the new normal of working out from home, and what that may mean going forward This episode is brought to you by Six Park, one of Australia's leading online investment managers www.sixpark.com.au

In this episode Ted speaks with Six Park co-founder and co-CEO Pat Garrett. They revisit some of the events that occurred in 2020 and discuss the following topics; •Quarter by quarter break down •Stock market movements versus economic conditions •2020 winners & losers •Successful pivots •Who got lucky •Rebalancing For show notes and to listen to previous episodes click here This episode is brought to you by Six Park, one of Australia's leading online investment managers www.sixpark.com.au

This episode I spoke with Scott Galloway, Professor of Marketing at NYU Stern, serial entrepreneur and author of the book Post Corona: From Crisis to Opportunity. Show notes for the episode are available here At the beginning of 2020, approximately 16% of retail was transacted via digital channels. Eight weeks after the pandemic reached the U.S. (March-mid-April), that number leapt to 27%. The US registered a decade of ecommerce growth in 8 weeks! In this episode we discuss; •Retail and the growing power of Amazon •The future of education •Investing trends during COVID •Growing income inequality •Potential solutions for a post corona world Click here to listen to a previous episode with Scott Galloway (November 2019) This episode is brought to you by Six Park, one of Australia's leading online investment management services www.sixpark.com.au

In this episode I'm speaking with Morgan Housel. Morgan is a partner at the Collaborative Fund, an award winning columnist and author of the book The Psychology of Money. Episode show notes: The Richards Report show notes In this episode we cover the following topics; •Our similar non-traditional paths into finance and investing •The similarities between luck and risk •How a small amount of investment decisions often drive the majority of returns for investors •The thin line between success and failure •How your behaviour is more important than what you know •The power of compounding in all parts of life •The dangers of comparing ourselves to to others Book: The Psychology of Money Twitter: @morganhousel This episode is brought to you by Six Park, one of Australia's leading online investment management services. To find out more go to www.sixpark.com.au

In this episode we cover; •What is creating more uncertainty; COVID or the US election •The effect forex can have on returns •Volatility in 2020 •The perils of trying to predict the future This episode is brought to you by Six Park www.sixpark.com.au

Paul Benson is a financial adviser, a fellow podcaster, and an author. I'm interested in all three 'hats' that Paul wears so we cover a lot of different topics in this episode. We discuss; Goal Setting and why it's important Budgets to help you achieve your goal •The 50/20/30 Method •The Reverse Budget •The big cut strategy •The track your spending approach •Zero-based budgetingStocks Property Financial advice Financial Autonomy (book) Financial Autonomy (podcast) Guidance Financial Services Paul Benson: Twitter This episode is brought to you by Six Park, one of Australia's leading online investment management services. Visit Six Park to find out more information www.sixpark.com.au Topics discussed are just of a general nature and for informational purposes only. This information and the information discussed in the podcast does not qualify as personal financial advice.

In this episode I speak with Senator Jane Hume, the Assistant Minister for Financial Services, Fintech and Superannuation. We discuss the following topics; Open Banking The Consumer Data Right involves the sharing of your data with an accredited provider, and allows Open Banking to fuction. Launched in July 2020, it will focus for now on the banking sector, but in time the Consumer Data Right will move beyond financial services to other 'grudge' purchases like energy and insurance providers. Superannuation Jane acknowledges that despite the Australian super system being the envy for the majority of the world, it's still an imperfect system. There's a lot of options out there which can make selecting a fund difficult for people. On top of this there's persistent underperformers, issues around duplicate accounts, and insurances are still being paid by many people that aren't aware of what they're paying. Financial Services We discuss the different ways in which financial advice is becoming more accessible and affordable for Australians. Single issue advice can help with the affordability issue for those that don't have the financial capacity and/or time that holistic advice requires (e.g. the recent early release of super). Tech enabled solutions can help solve for accessibility issues people may face in trying to souce advice. We also discuss how robo-advice, which often combines technology with single issue advice, and how it can be a solution to help people looking for more affordable and accessible ways of getting financial advice. This episode is brought to you by Six Park, one of Australia's leading roboadvisers. For episode shownotes visit www.sixpark.com.au

Reviewing the first half of 2020 so far. Topics covered; •COVID •Investing in tech •The similarities between 2020 and 1968 •Rebalancing portfolios •Lifestyle creep •Sporting industries This episode is brought to you by Six Park. Click here to take the free risk assessment and to receive your free investment recommendation www.sixpark.com.au

Fable Food are an Australian alternative meat producer that use shiitake mushrooms as the base of their product. Fable launched in Dec of 2019 and are backed by some high profile investors including Heston Blumenthal and Mike Cannon Brookes. They have already signed deals with some major Australian retail chains including Woolworths and Harris Farm Markets. In this episode Ted and Michael discuss; •the origins of the business •the background behind the product •the challenges that COVID-19 presented to their business strategy •how they've successfully pivoted to capitalise on new opportunities during the pandemic. This episode is brought to you by Six Park, one of Australia's leading online investment management services. www.sixpark.com.au

For this episode Ted speaks with Ray McLean who is the founder of Leading Teams, a group of experienced facilitators that assist sporting and corporate teams to lift their performance. You may be familiar with Leading Teams as they have been very successful with some high profile sporting teams over the last few decades. Ted first crossed paths with Ray back at the end of 2005 when he joined the Sydney Swans from his previous AFL club, the Essendon Bombers. In this podcast episode they discuss; •The importance of core values in determining accepted behaviour •Embracing "genuine" conversations •The Test (Amazon Prime) and The Last Dance (Netflix) documentaries and the accepted behaviour these sporting teams allowed. A lot of the conversation is centred on sport, but there are many similarities between the sporting and corporate worlds. In particular, they're both highly competitive where gaining just a small edge can make a big difference to the outcome. This episode is brought to you by Six Park, one of Australia's leading online investment management services. www.sixpark.com.au

In this episode Ted has a follow up discussion with Pat Garrett (Six Park co-founder and co-CEO). Pat and Ted recorded an episode five weeks earlier (mid March 2020) and in this episode they revisit the topic discuss what (if anything) has changed from their views on investing at the time of COVID-19. They also answer questions sent in from listeners related to; •The winners and losers so far from COVID-19 •The disconnect between events in the news and day to day movements of the share-market •The difference between industry and retail super funds •How this may impact peoples view of the benefits of cash and savings This episode is brought to you by Six Park. Show notes for the episode can be found here

Ted speaks with Psychologist Ellen Jackson from Potential Psychology about stress and anxiety and how it can impact our decision making. Our brains like predictability to make meaning in life, but often there's a lot of uncertainty which can create stress in our lives. Stress and anxiety can manifest in so many forms, be it for health, financial or other reasons. When uncertainty increases like what we're seeing with COVID-19 we can become more focused on ourselves and may shorten our time horizon in how we view things. In times of heightened stress people may search for control so they look to control whatever they can. A lot of the time this may not be rational and in our long term best interests, be it hoarding large amounts of toilet paper, or selling investments at the worst possible time. In the discussion Ellen also outlines some tips and advice we can implement every day to help reduce stress in our lives. Show notes for the episode can be found here; https://www.sixpark.com.au/the-richards-report-episode-37-ellen-jackson-potential-psychology/ You can find out more information on Ellen and Potential Psychology here; Potential Psychology website Podcast Facebook This episode is brought to you by Six Park, Australia's leading online investment manager

Discussing with Six Park co-Founder and Co-CEO the affect COVID-19 is having on the sharemarket and how it compares with other bear markets in history. Also discuss COVID-19 potential influence on the next US election, the closure of many major sporting codes and schools around the world and potential positives to come out of this black swan event. This episode is brought to you by Six Park, Australia's leading online investment manager.

Ben Carlson is a Director of Institutional Asset Management at Ritholtz Wealth Management and the person behind the fantastic blog, A Wealth of Common Sense. Ben has recently released a book called 'Don't Fall for it'. The cover of the book describes it as a short history of financial scams, but it's really much more than that. In this podcast episode we discuss some of the fascinating anecdotes of succesful scams over history, but we also discuss the psychology behind why scams can be so successful on their targets. Show notes for the episode are available on the Six Park website.

After a successful AFL football career Glenn Lovett moved into the world of international sports marketing and has since worked in Melbourne, London and New York. We discuss different sporting codes and the new trends emerging around the world. We talk about where it all began for Glenn back at the Melbourne Demons playing AFL football, and his progression into his next career. We talk about the NBA, the NFL, the EPL, the IPL, and of course AFL. This episode is brought to you by Six Park. One of Australia's leading online investment managers www.sixpark.com.au