1 00:00:03,460 --> 00:00:06,370 Sean Aylmer: Welcome to the Fear and Greed Daily Interview, I'm Sean Aylmer. 2 00:00:06,720 --> 00:00:10,139 Sean Aylmer: As businesses recover from the worst of the pandemic, many 3 00:00:10,139 --> 00:00:12,860 Sean Aylmer: are considering the best way forward, and whether there's an 4 00:00:12,860 --> 00:00:16,750 Sean Aylmer: opportunity to innovate and do things a little differently. Today, 5 00:00:16,750 --> 00:00:19,850 Sean Aylmer: I'm talking to one of Australia's business leaders about just that. 6 00:00:20,279 --> 00:00:24,150 Sean Aylmer: Luke Sayers was the CEO of PWC Australia for eight years, 7 00:00:24,459 --> 00:00:26,500 Sean Aylmer: taking on the role at the relatively young age of 8 00:00:26,500 --> 00:00:30,210 Sean Aylmer: just 42. After his second four- year- term as CEO, 9 00:00:30,350 --> 00:00:32,129 Sean Aylmer: he could have put his feet up or picked up 10 00:00:32,129 --> 00:00:35,260 Sean Aylmer: a few positions on company boards, instead he's gone out 11 00:00:35,260 --> 00:00:38,379 Sean Aylmer: on his own, becoming the founder and executive chairman of Sayers, 12 00:00:38,600 --> 00:00:41,960 Sean Aylmer: an advisory and investment firm, with a focus on innovation. 13 00:00:42,580 --> 00:00:44,800 Sean Aylmer: Just under 12 months in, it's growing quickly, and now 14 00:00:44,800 --> 00:00:47,469 Sean Aylmer: Luke is looking to inspire other people and companies to 15 00:00:47,470 --> 00:00:50,699 Sean Aylmer: innovate more, scale up, and commercialise much of the research 16 00:00:50,699 --> 00:00:53,449 Sean Aylmer: and development that's already been done. Luke Sayers, welcome to Fear 17 00:00:53,449 --> 00:00:53,929 Sean Aylmer: and Greed. 18 00:00:54,310 --> 00:00:54,790 Luke Sayers: Good morning. 19 00:00:55,190 --> 00:00:58,540 Sean Aylmer: You've got to tell me, after eight years running PWC, why oh why 20 00:00:58,540 --> 00:01:00,660 Sean Aylmer: did you decide to go out and start your own business? 21 00:01:02,160 --> 00:01:06,980 Luke Sayers: Good question. I'm a fairly active person, and so the 22 00:01:06,980 --> 00:01:09,369 Luke Sayers: thought of sort of putting the feet up and just 23 00:01:09,369 --> 00:01:11,250 Luke Sayers: sitting back and playing a bit of golf, that's just 24 00:01:11,250 --> 00:01:14,250 Luke Sayers: not me and I just had plenty left in the tank. 25 00:01:14,649 --> 00:01:18,259 Luke Sayers: The challenge for me was to kind of figure out what was 26 00:01:18,259 --> 00:01:21,199 Luke Sayers: going to work for the family, what was going to 27 00:01:21,200 --> 00:01:24,510 Luke Sayers: work for me, and what was going to kind of 28 00:01:24,869 --> 00:01:31,490 Luke Sayers: continue to make me grow and learn and develop going forward. Actually, 29 00:01:31,490 --> 00:01:34,709 Luke Sayers: it was a pretty difficult process leading up to leaving PWC. 30 00:01:34,709 --> 00:01:36,850 Luke Sayers: It was about a 12 month process that I worked 31 00:01:36,880 --> 00:01:40,709 Luke Sayers: with some external counsellors. My wife actually went through that 32 00:01:40,709 --> 00:01:44,089 Luke Sayers: process with me, just really trying to understand what this 33 00:01:44,089 --> 00:01:47,140 Luke Sayers: kind of third chapter in life was all about. Bottom 34 00:01:48,450 --> 00:01:50,960 Luke Sayers: line was, to sit on a board and to be 35 00:01:50,960 --> 00:01:53,550 Luke Sayers: on boards and do that thing, just wasn't right for 36 00:01:53,550 --> 00:01:56,760 Luke Sayers: me at this stage. Running a bureaucracy, a large bureaucracy 37 00:01:56,760 --> 00:01:59,470 Luke Sayers: or a large listed organisation... Just didn't want to kind 38 00:01:59,470 --> 00:02:02,550 Luke Sayers: of go through that process, very similar sort of culture 39 00:02:02,550 --> 00:02:06,340 Luke Sayers: and process to a large PWC. So, the thought of 40 00:02:06,340 --> 00:02:09,739 Luke Sayers: starting something with a blank sheet of paper, and building 41 00:02:09,960 --> 00:02:13,820 Luke Sayers: something unique, and different, and culturally kind of more aligned 42 00:02:13,820 --> 00:02:16,680 Luke Sayers: to who you are. It got me super excited, and 43 00:02:16,680 --> 00:02:17,139 Luke Sayers: here we are. 44 00:02:17,650 --> 00:02:21,410 Sean Aylmer: Okay. So, you kicked off Sayers. It's advisory and investment, 45 00:02:21,410 --> 00:02:21,900 Sean Aylmer: is that right? 46 00:02:22,489 --> 00:02:26,710 Luke Sayers: Yeah. We've got a number of businesses, but ostensibly there's 47 00:02:27,290 --> 00:02:30,170 Luke Sayers: a wealth sort of part of the portfolio, and so 48 00:02:30,560 --> 00:02:36,540 Luke Sayers: that's basically investing clients' money domestically and also internationally. Then 49 00:02:36,540 --> 00:02:39,160 Luke Sayers: we've also got another part, which is an advisory and investment 50 00:02:39,660 --> 00:02:43,309 Luke Sayers: part, which is advising clients on doing better things, as 51 00:02:43,310 --> 00:02:47,410 Luke Sayers: well as investing our money into those various businesses. So, it's a 52 00:02:47,410 --> 00:02:48,389 Luke Sayers: combination of both. 53 00:02:48,810 --> 00:02:51,440 Sean Aylmer: Okay. You launched this in the middle of the pandemic, which I 54 00:02:51,440 --> 00:02:53,480 Sean Aylmer: think is really interesting... In some ways, it's not a 55 00:02:53,480 --> 00:02:56,209 Sean Aylmer: bad time to launch a new company because if it can 56 00:02:56,209 --> 00:02:58,669 Sean Aylmer: make it through, there should be upside on the other 57 00:02:58,669 --> 00:03:00,800 Sean Aylmer: end of it. But, how hard was it to launch 58 00:03:00,810 --> 00:03:02,780 Sean Aylmer: it in the middle of the pandemic, and just to 59 00:03:02,780 --> 00:03:03,649 Sean Aylmer: build some momentum? 60 00:03:04,730 --> 00:03:06,880 Luke Sayers: It was hard, and it still is hard. A lot 61 00:03:06,880 --> 00:03:09,540 Luke Sayers: of people sort of say, "Hey Luke, we're seeing that 62 00:03:09,549 --> 00:03:12,540 Luke Sayers: you're growing, and things seem to be going well." All 63 00:03:12,540 --> 00:03:16,230 Luke Sayers: of that is true, but it is really, really hard 64 00:03:16,570 --> 00:03:22,149 Luke Sayers: setting something up structurally, governance wise, financial wise, getting the 65 00:03:22,149 --> 00:03:25,500 Luke Sayers: foundations right, and then kind of opening the doors and 66 00:03:25,530 --> 00:03:29,730 Luke Sayers: bringing on awesome, awesome people, and attracting awesome clients. It's 67 00:03:29,730 --> 00:03:32,950 Luke Sayers: not an easy process starting something from the ground up. 68 00:03:32,950 --> 00:03:35,779 Luke Sayers: This is what was exciting for me having been in a 69 00:03:35,780 --> 00:03:40,350 Luke Sayers: global system like PWC for 30 odd years, the thought 70 00:03:40,350 --> 00:03:44,219 Luke Sayers: of sort of untangling yourself from all of that and 71 00:03:44,220 --> 00:03:47,450 Luke Sayers: trying something on your own with a blank sheet of paper. 72 00:03:47,570 --> 00:03:50,999 Luke Sayers: It's just super exciting for me, also very daunting. I've 73 00:03:51,000 --> 00:03:53,960 Luke Sayers: got to be honest. Every day there's hardships, there's fear, 74 00:03:54,260 --> 00:03:59,100 Luke Sayers: there's excitement. You've got it all going on. But, the 75 00:03:59,100 --> 00:04:02,540 Luke Sayers: pandemic threw an extra layer of kind of complexity on 76 00:04:02,540 --> 00:04:04,710 Luke Sayers: the one hand because you couldn't go and meet people, 77 00:04:04,710 --> 00:04:07,050 Luke Sayers: and you couldn't see clients, and you couldn't do things 78 00:04:07,050 --> 00:04:10,570 Luke Sayers: like you normally would. But, it also provided a great 79 00:04:10,570 --> 00:04:15,870 Luke Sayers: opportunity to focus on the foundations of the business right from the start, 80 00:04:16,289 --> 00:04:18,710 Luke Sayers: and all of the things that you do need to be kind of 81 00:04:19,260 --> 00:04:23,000 Luke Sayers: best practice structurally and organisationally, we were able to get 82 00:04:23,000 --> 00:04:25,219 Luke Sayers: done in a swift amount of time and come out 83 00:04:25,219 --> 00:04:27,830 Luke Sayers: of the gate in late November period, feeling good about 84 00:04:27,830 --> 00:04:29,619 Luke Sayers: the bones and foundations that we'd set in place. 85 00:04:29,620 --> 00:04:33,599 Sean Aylmer: Is it difficult to be running such a big organization 86 00:04:33,599 --> 00:04:37,849 Sean Aylmer: like PWC, and then find yourself doing your photocopying? I'm 87 00:04:37,849 --> 00:04:41,310 Sean Aylmer: being a bit euphemistic here, but literally when you're starting up a business... 88 00:04:41,310 --> 00:04:43,249 Sean Aylmer: I mean, when I left Fairfax after 20 years, and 89 00:04:43,250 --> 00:04:45,669 Sean Aylmer: I'd sort of done okay at Fairfax, I certainly didn't 90 00:04:45,669 --> 00:04:50,419 Sean Aylmer: do much photocopying. I literally felt like someone from The Castle, 91 00:04:50,419 --> 00:04:52,729 Sean Aylmer: the movie, with the printer at home. It Was the same 92 00:04:52,729 --> 00:04:55,050 Sean Aylmer: sort of deal in a sense? Did you feel that? 93 00:04:56,349 --> 00:04:58,770 Luke Sayers: It's a great call out because yes, you feel it. 94 00:04:59,719 --> 00:05:04,409 Luke Sayers: In large organisations, you've got teams of people that have 95 00:05:04,460 --> 00:05:07,630 Luke Sayers: the right technical expertise in the right time, and so 96 00:05:07,630 --> 00:05:10,409 Luke Sayers: on and so forth. Obviously, when you're starting something on 97 00:05:10,409 --> 00:05:12,529 Luke Sayers: your own, you're not going to be spending your cash 98 00:05:12,529 --> 00:05:14,770 Luke Sayers: on a lot of those things, so ultimately you end 99 00:05:14,770 --> 00:05:18,169 Luke Sayers: up doing it yourself. I'd find myself some days on 100 00:05:18,169 --> 00:05:20,189 Luke Sayers: the one hand dealing with kind of prime ministers and 101 00:05:20,190 --> 00:05:23,229 Luke Sayers: treasurers and premiers, and then on the other hand, going 102 00:05:23,229 --> 00:05:25,180 Luke Sayers: and try to figure out whether you put a coffee machine 103 00:05:25,180 --> 00:05:29,789 Luke Sayers: in the kitchen at the office, and everything in between. So, yeah, 104 00:05:29,789 --> 00:05:30,510 Luke Sayers: you're right on the money. 105 00:05:31,490 --> 00:05:35,029 Sean Aylmer: Given we've had the pandemic and it continues, but hopefully 106 00:05:35,029 --> 00:05:38,020 Sean Aylmer: into 2022 it will not quite be in rear vision 107 00:05:38,020 --> 00:05:39,870 Sean Aylmer: mirror, but it certainly will be past the worst of 108 00:05:39,870 --> 00:05:42,489 Sean Aylmer: it... Is now a good time for business to change 109 00:05:42,560 --> 00:05:43,339 Sean Aylmer: the way they operate? 110 00:05:44,010 --> 00:05:47,250 Luke Sayers: I think it's a fantastic time to be in business. 111 00:05:47,979 --> 00:05:52,559 Luke Sayers: Whenever you've got sort of an external event, like we've 112 00:05:52,560 --> 00:05:56,529 Luke Sayers: got all over the world with COVID, it's forcing companies 113 00:05:56,529 --> 00:06:00,589 Luke Sayers: to look at doing things differently. How can they get 114 00:06:00,589 --> 00:06:04,510 Luke Sayers: lower on the cost curve? How can they change their 115 00:06:04,510 --> 00:06:07,070 Luke Sayers: processes and their systems, and the way in which they 116 00:06:07,070 --> 00:06:10,420 Luke Sayers: do things through the use of technology? How can they 117 00:06:11,219 --> 00:06:14,629 Luke Sayers: invest in maybe other sorts of businesses in the future, 118 00:06:14,630 --> 00:06:17,099 Luke Sayers: as opposed to ones that they historically may have looked 119 00:06:17,099 --> 00:06:22,549 Luke Sayers: at? It is a catalyst for change. I do absolutely 120 00:06:22,549 --> 00:06:25,130 Luke Sayers: subscribe to the fact that we're going to come out 121 00:06:25,130 --> 00:06:28,020 Luke Sayers: of this, at the back end of COVID, in almost 122 00:06:28,020 --> 00:06:32,210 Luke Sayers: like a modern day gold rush era. I'm very optimistic 123 00:06:32,210 --> 00:06:35,029 Luke Sayers: about the upside once we get through this period of 124 00:06:35,070 --> 00:06:39,059 Luke Sayers: difficulty. There's tons of money washing around in the markets, 125 00:06:39,650 --> 00:06:43,409 Luke Sayers: and I also do think that there's a trend that... 126 00:06:44,289 --> 00:06:46,630 Luke Sayers: The world used to be global, global, global, but it's 127 00:06:46,630 --> 00:06:50,870 Luke Sayers: now trending to kind of local, local, with much more 128 00:06:50,870 --> 00:06:54,659 Luke Sayers: focus on local businesses rather than global businesses. I think 129 00:06:54,659 --> 00:06:58,909 Luke Sayers: that's also great for local Australian businesses that are trying 130 00:06:58,909 --> 00:07:02,210 Luke Sayers: to differentiate, trying to disrupt, and trying to do something here 131 00:07:02,700 --> 00:07:05,659 Luke Sayers: which really can add more value to clients. So, I'm 132 00:07:05,659 --> 00:07:09,289 Luke Sayers: pretty positive about what this global pandemic will create as 133 00:07:09,289 --> 00:07:10,570 Luke Sayers: far as business opportunity. 134 00:07:11,330 --> 00:07:14,300 Sean Aylmer: Do you think Australian businesses are grasping that opportunity? 135 00:07:14,300 --> 00:07:17,629 Luke Sayers: I think every business in Australia, whether it be large 136 00:07:17,630 --> 00:07:20,280 Luke Sayers: or small, and I'd also call out the government bodies 137 00:07:20,280 --> 00:07:23,340 Luke Sayers: as well, are looking at it, and trying to figure out 138 00:07:23,700 --> 00:07:27,019 Luke Sayers: what does the new world mean. How can we use platform- 139 00:07:27,020 --> 00:07:30,180 Luke Sayers: based technology to change the way in which we've historically 140 00:07:30,180 --> 00:07:33,660 Luke Sayers: done things? How do we not just revert to doing 141 00:07:33,660 --> 00:07:37,680 Luke Sayers: things exactly the same way through head count and bringing on extra 142 00:07:37,680 --> 00:07:40,870 Luke Sayers: head count once we come out of this pandemic? So, absolutely they're 143 00:07:40,870 --> 00:07:43,110 Luke Sayers: all looking at it, and trying to figure out the innovative, 144 00:07:43,350 --> 00:07:44,550 Luke Sayers: new creative ways of the future. 145 00:07:45,140 --> 00:07:46,820 Sean Aylmer: Stay with me, Luke, we'll be back in a minute. 146 00:07:52,220 --> 00:07:55,410 Sean Aylmer: My guest this morning is Luke Sayers, founder and executive chair 147 00:07:55,489 --> 00:07:58,520 Sean Aylmer: of Sayers. Now, one thing you're doing, Luke, you're about 148 00:07:58,520 --> 00:08:01,750 Sean Aylmer: to launch the Sayers: New Quo Index... That's right pronunciation, 149 00:08:01,750 --> 00:08:03,100 Sean Aylmer: Q-U-O index? 150 00:08:03,290 --> 00:08:03,610 Luke Sayers: Yeah. 151 00:08:03,610 --> 00:08:04,550 Sean Aylmer: And your looking- 152 00:08:04,660 --> 00:08:05,260 Luke Sayers: You like that? 153 00:08:05,760 --> 00:08:06,520 Sean Aylmer: Yeah, I do. 154 00:08:07,390 --> 00:08:10,900 Luke Sayers: That's basically saying we're restless and bored with the status 155 00:08:10,900 --> 00:08:13,760 Luke Sayers: quo, and we're all about new quo. 156 00:08:14,460 --> 00:08:17,720 Sean Aylmer: I like that. New quo as opposed to status quo. 157 00:08:17,720 --> 00:08:17,780 Sean Aylmer: That's very good. 158 00:08:17,781 --> 00:08:17,821 Luke Sayers: That's it. 159 00:08:19,290 --> 00:08:23,929 Sean Aylmer: It is about measuring the latent opportunity in specific sectors. Just 160 00:08:23,929 --> 00:08:25,830 Sean Aylmer: tell me about new quo. I'm going to start using 161 00:08:25,830 --> 00:08:27,389 Sean Aylmer: this phrase too. I'm going to steal it from you, Luke. 162 00:08:27,810 --> 00:08:32,740 Luke Sayers: Perfect, perfect. So, if we were to commercialise our already 163 00:08:32,740 --> 00:08:38,050 Luke Sayers: developed R& D in Australia into the biggest businesses, there 164 00:08:38,050 --> 00:08:41,709 Luke Sayers: is a potential to increase the country's GDP growth rate 165 00:08:42,199 --> 00:08:46,420 Luke Sayers: by one whole percentage point over the next decade. Between 166 00:08:46,420 --> 00:08:50,900 Luke Sayers: the internet of things, big data, digital automation platforms, leaders 167 00:08:51,110 --> 00:08:54,880 Luke Sayers: are rapidly moving to deploy new technology to remain competitive 168 00:08:54,939 --> 00:09:01,250 Luke Sayers: in the digital age. Post-COVID, this 1% difference would deliver some 169 00:09:01,319 --> 00:09:07,040 Luke Sayers: 200 billion to our economy over the next decade. We're 170 00:09:07,110 --> 00:09:10,569 Luke Sayers: currently leaving money on the table with latent value left 171 00:09:10,650 --> 00:09:15,100 Luke Sayers: untapped in our economy. So, this is a simple quick win, 172 00:09:15,439 --> 00:09:18,400 Luke Sayers: and it goes back to your previous point. How do 173 00:09:18,400 --> 00:09:20,959 Luke Sayers: we come up with new and different ways through the 174 00:09:20,959 --> 00:09:24,819 Luke Sayers: use of tech to get at those latest R&D opportunities, to 175 00:09:24,819 --> 00:09:29,609 Luke Sayers: go after the opportunities there? Sayers is developing an industry 176 00:09:29,610 --> 00:09:32,929 Luke Sayers: tracking index to find the latent and opportunity in specific 177 00:09:32,929 --> 00:09:35,630 Luke Sayers: sectors, and we're going to release that information later in the year. 178 00:09:37,000 --> 00:09:38,829 Sean Aylmer: Do you know what sector, or do you suspect what 179 00:09:38,829 --> 00:09:40,990 Sean Aylmer: sectors there's this opportunity at the moment? 180 00:09:41,559 --> 00:09:44,979 Luke Sayers: Yeah. We're looking at financial services. We're looking at mining. 181 00:09:44,980 --> 00:09:47,839 Luke Sayers: We're looking at resources. We're looking at the services sector. 182 00:09:48,360 --> 00:09:51,660 Luke Sayers: We've cast the net wide and far, and by the time 183 00:09:51,660 --> 00:09:54,319 Luke Sayers: we release the information, we'll have a handful of sectors 184 00:09:54,319 --> 00:09:57,860 Luke Sayers: that we think very much, those opportunities that we should be 185 00:09:57,860 --> 00:10:00,730 Luke Sayers: pursuing at a country level as we go forward. 186 00:10:01,370 --> 00:10:04,910 Sean Aylmer: So you're clearly an optimist, Luke. Are you optimistic about Australia's 187 00:10:05,120 --> 00:10:07,540 Sean Aylmer: potential in the next two, three, five, ten years? 188 00:10:08,040 --> 00:10:11,510 Luke Sayers: Yeah, I am. I'm super optimistic. We've got highly talented 189 00:10:11,689 --> 00:10:16,009 Luke Sayers: and capable people in this country. We're absolutely trying to 190 00:10:16,010 --> 00:10:19,790 Luke Sayers: pivot away from being just dominantly focused on resources and 191 00:10:19,790 --> 00:10:24,339 Luke Sayers: mining, and pushing more into other services areas. I think 192 00:10:24,339 --> 00:10:29,009 Luke Sayers: with the right government support and the constant innovation and 193 00:10:29,220 --> 00:10:32,469 Luke Sayers: entrepreneurialism, I think we've got an amazing, amazing future. 194 00:10:33,010 --> 00:10:35,759 Sean Aylmer: Government support, I totally agree. The government needs to create 195 00:10:35,760 --> 00:10:39,079 Sean Aylmer: the framework, but it's very difficult for government to keep up. Now, 196 00:10:39,079 --> 00:10:41,439 Sean Aylmer: an example in the last week has been Apple and 197 00:10:41,439 --> 00:10:43,189 Sean Aylmer: Commonwealth Bank are having a bit of a barney over 198 00:10:43,189 --> 00:10:45,889 Sean Aylmer: access to the iPhone chip, and whether the Commonwealth Bank 199 00:10:45,890 --> 00:10:49,410 Sean Aylmer: can access that chip to use that as a payment system. 200 00:10:49,730 --> 00:10:53,420 Sean Aylmer: I'm not asking you to comment on that specifically, but 201 00:10:53,420 --> 00:10:54,660 Sean Aylmer: I mean the government is going to have to, at 202 00:10:54,660 --> 00:10:57,390 Sean Aylmer: some point, regulate on that one way or another. It's 203 00:10:57,500 --> 00:10:59,610 Sean Aylmer: very difficult for governments to keep up with that stuff. 204 00:10:59,610 --> 00:11:03,069 Luke Sayers: It is, and especially in the technological era that we've 205 00:11:03,069 --> 00:11:06,510 Luke Sayers: got today. Technology is changing at such a speed and 206 00:11:06,510 --> 00:11:09,860 Luke Sayers: such a pace. For our federal government, and governments around 207 00:11:09,860 --> 00:11:13,120 Luke Sayers: the world, to respond to those sort of technological advances, 208 00:11:13,400 --> 00:11:17,479 Luke Sayers: is very, very difficult. But, there's more and more effort and more tension 209 00:11:17,480 --> 00:11:20,739 Luke Sayers: and more investment, into keeping up and making sure from 210 00:11:20,740 --> 00:11:24,199 Luke Sayers: a regulation perspective, and also an innovation perspective, this country 211 00:11:24,319 --> 00:11:27,019 Luke Sayers: continues to move forward. So, I am optimistic, albeit it 212 00:11:27,020 --> 00:11:28,359 Luke Sayers: is difficult sometimes. 213 00:11:28,829 --> 00:11:31,449 Sean Aylmer: So, you've run PWC, you've now started your own business. 214 00:11:31,829 --> 00:11:33,740 Sean Aylmer: I think that was all just training ground for actually 215 00:11:33,740 --> 00:11:35,760 Sean Aylmer: taking over as president of the Carlton Football Club. 216 00:11:38,900 --> 00:11:43,829 Luke Sayers: Yeah. I've gone from 750 partners that I each and 217 00:11:43,829 --> 00:11:47,239 Luke Sayers: every day had to try and keep moving and focused 218 00:11:47,240 --> 00:11:51,880 Luke Sayers: and doing good things, to some 85,000 members that now 219 00:11:51,880 --> 00:11:54,949 Luke Sayers: we need to kind of keep on track and moving 220 00:11:54,949 --> 00:11:57,640 Luke Sayers: forward to winning more games and winning finals, and ultimately 221 00:11:57,640 --> 00:12:00,040 Luke Sayers: winning a premiership. But, it's a great opportunity and one 222 00:12:00,040 --> 00:12:02,699 Luke Sayers: that I'm incredibly honoured and proud to be in. 223 00:12:03,520 --> 00:12:05,559 Sean Aylmer: You also made a member of the Order of Australia 224 00:12:05,559 --> 00:12:08,499 Sean Aylmer: for your service to business and to the community, particularly people 225 00:12:08,500 --> 00:12:10,930 Sean Aylmer: with a disability. Clearly that's important to you. 226 00:12:11,280 --> 00:12:14,839 Luke Sayers: Yeah. My second daughter... We have four beautiful girls. My 227 00:12:14,839 --> 00:12:17,880 Luke Sayers: second daughter was born with down syndrome, and we found 228 00:12:17,880 --> 00:12:22,160 Luke Sayers: that out on day two. It was a shock period 229 00:12:22,160 --> 00:12:25,150 Luke Sayers: for about 30 days as Kate and myself got our 230 00:12:25,150 --> 00:12:28,449 Luke Sayers: heads around what does this mean for us, and what 231 00:12:28,449 --> 00:12:31,290 Luke Sayers: does it mean for Allie, and what sort of potential is she going 232 00:12:31,880 --> 00:12:34,929 Luke Sayers: to have. Our world was kind of put into a 233 00:12:34,929 --> 00:12:39,099 Luke Sayers: bit of disruption and self- reflection. She's now 19, she's 234 00:12:39,099 --> 00:12:42,959 Luke Sayers: a rockstar. She's gone through the normal schooling sort of 235 00:12:42,959 --> 00:12:46,529 Luke Sayers: way of life. My wife actually founded a charity, and 236 00:12:46,530 --> 00:12:49,670 Luke Sayers: her and I work to try and open people's minds 237 00:12:49,670 --> 00:12:53,079 Luke Sayers: and provide opportunities for young kids and adults with down 238 00:12:53,079 --> 00:12:56,160 Luke Sayers: syndrome. So, there's a physical piece around moving bodies through 239 00:12:56,160 --> 00:13:00,300 Luke Sayers: dance and creative, because they just fly with music and 240 00:13:00,300 --> 00:13:03,959 Luke Sayers: creative, and then there's also an education piece to bridge 241 00:13:04,349 --> 00:13:08,040 Luke Sayers: young adults with down syndrome between high school and into 242 00:13:08,040 --> 00:13:11,849 Luke Sayers: meaningful employment. My wife's charity has set up an education 243 00:13:11,849 --> 00:13:17,819 Luke Sayers: stream with Torrens University, which gives them employment ready education, 244 00:13:17,870 --> 00:13:20,530 Luke Sayers: a university course if you will, and then provides the 245 00:13:20,530 --> 00:13:23,650 Luke Sayers: meaningful employment at the back end of that. So, it's 246 00:13:23,650 --> 00:13:24,900 Luke Sayers: very much a big part of our life. 247 00:13:26,010 --> 00:13:28,089 Sean Aylmer: Fantastic, Luke. Thank you for talking to Fear and Greed. 248 00:13:28,780 --> 00:13:29,609 Luke Sayers: Thank you very much. 249 00:13:29,819 --> 00:13:32,459 Sean Aylmer: That was Luke Sayers, founder and executive chair of Sayers. 250 00:13:33,120 --> 00:13:35,550 Sean Aylmer: This is the Fear and Greed Daily Interview. Join me every morning 251 00:13:35,550 --> 00:13:37,869 Sean Aylmer: for the full Fear and Greed podcast with all the 252 00:13:37,870 --> 00:13:40,240 Sean Aylmer: business news that you need to know. I'm Sean Aylmer. 253 00:13:40,620 --> 00:13:41,209 Sean Aylmer: Enjoy your day.