1 00:00:00,360 --> 00:00:02,960 Speaker 1: Mike Christidas, welcome to the mentor thank you having remark 2 00:00:03,560 --> 00:00:04,160 Speaker 1: from Melbourne? 3 00:00:04,559 --> 00:00:05,760 Speaker 2: Yep, did you. 4 00:00:05,680 --> 00:00:06,320 Speaker 1: Bring the weather with it? 5 00:00:06,360 --> 00:00:06,440 Speaker 2: What? 6 00:00:06,480 --> 00:00:07,840 Speaker 1: Because buddy freeze up here today? 7 00:00:08,039 --> 00:00:11,280 Speaker 2: No, yesterday, it was fantastic today today exactly that. Every 8 00:00:11,280 --> 00:00:13,000 Speaker 2: time I get up here, it seems it seems to 9 00:00:13,000 --> 00:00:13,760 Speaker 2: switch for yes. 10 00:00:15,280 --> 00:00:17,639 Speaker 1: And Christies. It looks like a Greek name to me. 11 00:00:17,840 --> 00:00:19,720 Speaker 3: I mean, by the way, you are from Melbourne, so 12 00:00:19,840 --> 00:00:21,320 Speaker 3: I guess that's a land Amazere. 13 00:00:21,400 --> 00:00:25,000 Speaker 2: But is it a Greek name? Am I great Greek 14 00:00:25,000 --> 00:00:25,880 Speaker 2: background in my family? 15 00:00:26,800 --> 00:00:29,640 Speaker 1: Your parents from Greece or what's the deal? 16 00:00:30,160 --> 00:00:32,080 Speaker 2: Yeah? So both my parents from the same village of 17 00:00:32,120 --> 00:00:36,319 Speaker 2: Florida near Thessala. Nikki and Mum came over here. Mum 18 00:00:36,400 --> 00:00:38,400 Speaker 2: was born as five years old, she came over here. 19 00:00:39,560 --> 00:00:42,600 Speaker 2: Dad was born over here in Perth, Western Australia. My 20 00:00:42,640 --> 00:00:45,279 Speaker 2: family and farmers over there, and you know, migrated over 21 00:00:45,320 --> 00:00:47,239 Speaker 2: to the East Coast and you know, working in the 22 00:00:47,240 --> 00:00:49,479 Speaker 2: factories and stuff back in the seventies and eighties I 23 00:00:49,520 --> 00:00:54,200 Speaker 2: think it was. And yes, so first generation Greek family. 24 00:00:54,240 --> 00:00:58,360 Speaker 1: Hell, what is it with the Greeks? Do you reckon that? 25 00:00:58,880 --> 00:01:02,280 Speaker 3: Because you know you're the co managing director of Untitled 26 00:01:02,360 --> 00:01:05,880 Speaker 3: group in Australia, which is a music festival business. Let's 27 00:01:05,880 --> 00:01:07,560 Speaker 3: call it that for the moment, for one of a 28 00:01:07,560 --> 00:01:12,200 Speaker 3: better terminology for someone like me, but clearly the entrepreneur. 29 00:01:13,120 --> 00:01:15,800 Speaker 3: You know, it takes a favorit of entrepreneurial entrepreneurialism to 30 00:01:15,920 --> 00:01:17,000 Speaker 3: run a business like this. 31 00:01:18,240 --> 00:01:20,760 Speaker 1: You've got to have you've got to fibitt of guts. 32 00:01:20,760 --> 00:01:23,600 Speaker 1: You've got to be ballsy, you've got to be better 33 00:01:23,640 --> 00:01:25,520 Speaker 1: coppy it on the chin. You've got to date risks. 34 00:01:26,720 --> 00:01:29,000 Speaker 3: Sometimes you don't earn any money, sometimes you earn lots 35 00:01:29,000 --> 00:01:30,399 Speaker 3: of money. Gets sort of up and down like all 36 00:01:30,480 --> 00:01:32,800 Speaker 3: other joint but a lot of Greeks and a lot 37 00:01:32,800 --> 00:01:35,000 Speaker 3: of a lot of migrants. 38 00:01:34,920 --> 00:01:38,520 Speaker 1: Kids do this. Do you think that course was set 39 00:01:38,520 --> 00:01:40,440 Speaker 1: for you entrepreneurialism or yeah? 40 00:01:40,600 --> 00:01:44,440 Speaker 3: Or not not just going into you know, festivals, but 41 00:01:44,640 --> 00:01:46,240 Speaker 3: just entrepreneurialism generally. 42 00:01:46,280 --> 00:01:46,400 Speaker 2: Is it? 43 00:01:46,840 --> 00:01:48,760 Speaker 1: Is it a DNA thing? I mean, where do you 44 00:01:48,800 --> 00:01:50,040 Speaker 1: reckon that comes from? 45 00:01:50,360 --> 00:01:53,880 Speaker 2: Yeah? I mean there probably is a level of resourcefulness. 46 00:01:53,880 --> 00:01:56,440 Speaker 2: You know, you hear those classic stories of we came 47 00:01:56,480 --> 00:01:58,240 Speaker 2: here with nothing and we had to kind of build 48 00:01:58,320 --> 00:02:00,320 Speaker 2: up that life. But I think there was very much 49 00:02:00,360 --> 00:02:03,360 Speaker 2: a traditional pathway that was always set out for you know, 50 00:02:03,520 --> 00:02:05,800 Speaker 2: you you get your money, you get a degree, you 51 00:02:05,880 --> 00:02:07,880 Speaker 2: get the job, you got to become a doctor or 52 00:02:07,920 --> 00:02:09,720 Speaker 2: a lawyer, you buy the house, you start the family. 53 00:02:09,840 --> 00:02:11,280 Speaker 1: That was me, that's that was my parents. 54 00:02:11,360 --> 00:02:12,960 Speaker 2: Yeah, yeah, and it was my parents too. I mean 55 00:02:13,440 --> 00:02:16,600 Speaker 2: my brother, my late brother, Daniel was an amazing doctor, 56 00:02:16,639 --> 00:02:19,320 Speaker 2: a surgeon, and my sister amazing she got an MBA. She's, 57 00:02:19,360 --> 00:02:22,600 Speaker 2: you know, working as a corporate comms specialist. And for me, 58 00:02:22,720 --> 00:02:24,679 Speaker 2: I studied biomedical science. I wanted to be a doctor, 59 00:02:24,720 --> 00:02:26,440 Speaker 2: follow in his footsteps because I was told that was 60 00:02:26,480 --> 00:02:27,040 Speaker 2: the only way. 61 00:02:27,160 --> 00:02:28,880 Speaker 1: You're the youngest side, I'm the youngest yet. 62 00:02:28,960 --> 00:02:30,880 Speaker 2: Yeah, so I was told that's the only way. You know, 63 00:02:30,919 --> 00:02:33,320 Speaker 2: you've got to be a doctor. Actually, my grandmar my 64 00:02:33,760 --> 00:02:36,799 Speaker 2: few ways to go. Daniel, Daniel is proud he is 65 00:02:36,800 --> 00:02:39,919 Speaker 2: a doctor. And Michael, he does the disco. So I 66 00:02:40,840 --> 00:02:44,120 Speaker 2: did the disco for a living. But yeah, while studying 67 00:02:44,120 --> 00:02:46,720 Speaker 2: at UNI, I was doing biomedical science at Melbourne University, 68 00:02:46,919 --> 00:02:51,000 Speaker 2: and I was studying such kind of so much theory 69 00:02:51,000 --> 00:02:53,160 Speaker 2: and theory and theory. Well at the same time running 70 00:02:53,160 --> 00:02:55,200 Speaker 2: a nightclub where I was getting real world practiced that 71 00:02:55,240 --> 00:02:57,440 Speaker 2: I didn't know at the time was actually starting a 72 00:02:57,440 --> 00:03:00,920 Speaker 2: business and I became addicted to the real world practice 73 00:03:00,960 --> 00:03:03,240 Speaker 2: and week in week out making tweaks that I'd have 74 00:03:03,320 --> 00:03:06,280 Speaker 2: tangible changes versus sitting in a lecture theater. And I 75 00:03:06,280 --> 00:03:07,600 Speaker 2: think going back to. 76 00:03:07,520 --> 00:03:09,280 Speaker 1: What were we doing it as like a side hustle 77 00:03:09,639 --> 00:03:10,720 Speaker 1: or just I. 78 00:03:10,680 --> 00:03:12,280 Speaker 2: Was doing well, We're doing the events as a side 79 00:03:12,320 --> 00:03:15,480 Speaker 2: hustle because we fell in love with electronic music. We 80 00:03:15,600 --> 00:03:17,320 Speaker 2: loved going out and seeing our favorite dj as and 81 00:03:17,360 --> 00:03:20,320 Speaker 2: artists play, but we didn't find that there was a 82 00:03:20,400 --> 00:03:22,919 Speaker 2: nightclub that really kind of encaptuated that sense of community 83 00:03:22,960 --> 00:03:25,799 Speaker 2: and exactly what we wanted tonight. So it was at 84 00:03:25,800 --> 00:03:27,880 Speaker 2: that time I was eighteen at Melbourne University that I 85 00:03:27,919 --> 00:03:30,639 Speaker 2: found met my now three business partners and untitled Christian 86 00:03:30,720 --> 00:03:33,120 Speaker 2: Nick and Film and we came up with these all 87 00:03:33,120 --> 00:03:35,360 Speaker 2: these ideas to create this brand new revolutionar crubl and 88 00:03:35,440 --> 00:03:38,360 Speaker 2: it was actually at this famous venue called Inflation in Melbourne, 89 00:03:38,800 --> 00:03:41,200 Speaker 2: and we started a night called Treehouse. It was a 90 00:03:41,280 --> 00:03:43,200 Speaker 2: night where we played the music we wanted to hear, 91 00:03:43,680 --> 00:03:45,160 Speaker 2: we decorated it the way we wanted to do, we 92 00:03:45,160 --> 00:03:47,040 Speaker 2: did the drinks how we wanted everything, and it was 93 00:03:47,080 --> 00:03:49,440 Speaker 2: a night for us and our friends, and it very 94 00:03:49,520 --> 00:03:51,400 Speaker 2: quickly blew out beyond that. We were doing about two 95 00:03:51,440 --> 00:03:53,360 Speaker 2: thousand people a week and it was like the hottest 96 00:03:53,400 --> 00:03:56,520 Speaker 2: nightclub in Melbourne. And I just remember rocking up to 97 00:03:56,600 --> 00:03:58,960 Speaker 2: Union because you know, shout out to anybody doing law 98 00:03:59,080 --> 00:04:01,720 Speaker 2: or science and doing five days a week of troots 99 00:04:01,800 --> 00:04:03,840 Speaker 2: practice that. And I'd be so hung over rocking up 100 00:04:03,920 --> 00:04:06,640 Speaker 2: to these lectures and stuff, and I just kept thinking, 101 00:04:07,080 --> 00:04:09,720 Speaker 2: under my mind was on my business. It wasn't in 102 00:04:09,760 --> 00:04:12,960 Speaker 2: the lecture. Theater was in the business. So I became 103 00:04:13,040 --> 00:04:15,040 Speaker 2: very quickly addicted to wanting to just kind of keep 104 00:04:15,040 --> 00:04:16,240 Speaker 2: sharpening up that side of things. 105 00:04:16,680 --> 00:04:21,159 Speaker 3: When you're a young man, your brother and sister and 106 00:04:21,160 --> 00:04:23,599 Speaker 3: I'm sorry to hear your brother's past, but your brother 107 00:04:23,640 --> 00:04:26,480 Speaker 3: and sister gone through university, got their degrees. 108 00:04:26,480 --> 00:04:27,039 Speaker 1: He's got the. 109 00:04:27,080 --> 00:04:31,520 Speaker 3: Steady job helping you feel good and everybody's happy. And 110 00:04:32,560 --> 00:04:36,479 Speaker 3: then you're doing a biomedical degree. So you know, you're 111 00:04:36,560 --> 00:04:39,360 Speaker 3: sort of pathwaying yourself into something to do something similar 112 00:04:39,360 --> 00:04:42,479 Speaker 3: to your brother, if you so chose, how did you? 113 00:04:43,040 --> 00:04:45,120 Speaker 3: But at the same time, you had this bit of 114 00:04:45,120 --> 00:04:48,560 Speaker 3: an urge to do something that you liked, run your 115 00:04:48,560 --> 00:04:50,400 Speaker 3: own venue, so to speak, and have your own music 116 00:04:50,440 --> 00:04:51,360 Speaker 3: and have your own style. 117 00:04:53,600 --> 00:04:56,240 Speaker 1: How do you deal with the guilt? 118 00:04:56,880 --> 00:05:00,279 Speaker 3: Did you have to deal with the guild of doing 119 00:05:00,279 --> 00:05:01,560 Speaker 3: what everyone my family's done? 120 00:05:02,120 --> 00:05:03,760 Speaker 1: Am I going to be a failure? Am I going 121 00:05:03,800 --> 00:05:04,920 Speaker 1: to let my mom and dad down? 122 00:05:05,560 --> 00:05:07,400 Speaker 3: Am I not going to just but not follow him 123 00:05:07,440 --> 00:05:09,680 Speaker 3: the footsteps of my brother's Just do I love dearly? 124 00:05:09,839 --> 00:05:13,520 Speaker 1: And who I probably idolize? Yeah, thats funny. 125 00:05:13,600 --> 00:05:16,320 Speaker 2: You asked the question before about what is it about 126 00:05:16,360 --> 00:05:19,360 Speaker 2: these these This seems to be a great spark of 127 00:05:19,480 --> 00:05:21,479 Speaker 2: entrepreneurs that come from these European countries that might be 128 00:05:21,480 --> 00:05:24,520 Speaker 2: first second generation over here, and there is that sense 129 00:05:24,520 --> 00:05:26,840 Speaker 2: of maybe rebellion of everyone being told that's why you've 130 00:05:26,880 --> 00:05:30,560 Speaker 2: got to do it. And my parents only found out 131 00:05:30,600 --> 00:05:33,000 Speaker 2: that I deferred from UNI because being a good Greek boy, 132 00:05:33,000 --> 00:05:34,320 Speaker 2: you know, I didn't tell him that I deferred. My 133 00:05:34,400 --> 00:05:36,479 Speaker 2: brother was the one he could see that my heart 134 00:05:36,560 --> 00:05:39,080 Speaker 2: wasn't becoming a doctor. He would be at all my 135 00:05:39,120 --> 00:05:41,400 Speaker 2: events all the time with the unofficial doctor at our 136 00:05:41,400 --> 00:05:43,360 Speaker 2: fistal doctor Dan, everyone calls him. We've now got a 137 00:05:43,400 --> 00:05:45,320 Speaker 2: stage dedicated to him, which is one of the biggest 138 00:05:45,320 --> 00:05:47,720 Speaker 2: stages that be in the valley, which is hilarious. It's 139 00:05:47,760 --> 00:05:51,039 Speaker 2: a great, great stage. He'd be very proud, But it 140 00:05:51,080 --> 00:05:53,080 Speaker 2: was him that was always going, Mike, your heart's not 141 00:05:53,200 --> 00:05:55,560 Speaker 2: in this. Your your own music just pursued and I said, 142 00:05:55,600 --> 00:05:56,840 Speaker 2: I can't tell mom and dad that I'm going to 143 00:05:56,920 --> 00:05:59,000 Speaker 2: drop O. Don't to him, just do it. So as 144 00:05:59,000 --> 00:06:01,040 Speaker 2: I did, I dropped out of Union. Didn't tell my parents. 145 00:06:01,520 --> 00:06:03,440 Speaker 2: How did they find out? When I got a fine 146 00:06:03,480 --> 00:06:05,240 Speaker 2: for not having a concession card on the tram And 147 00:06:05,240 --> 00:06:07,120 Speaker 2: as being good Greek parents, they'd opened the mail and 148 00:06:07,160 --> 00:06:10,160 Speaker 2: they said, there's a concession card, but you know you 149 00:06:10,160 --> 00:06:12,120 Speaker 2: have a consess you at UNI still, And then that's 150 00:06:12,120 --> 00:06:14,120 Speaker 2: how they found out I dropped out of UNI by 151 00:06:14,560 --> 00:06:16,880 Speaker 2: getting a fine for not having a concession card on 152 00:06:16,920 --> 00:06:19,680 Speaker 2: the tram. They opened up my mail essentially just. 153 00:06:19,680 --> 00:06:23,080 Speaker 3: On that, Mike, that's interesting. You just said did you 154 00:06:23,160 --> 00:06:25,480 Speaker 3: drop out or did you defer? Did you just keep 155 00:06:25,520 --> 00:06:25,919 Speaker 3: an option? 156 00:06:26,800 --> 00:06:28,719 Speaker 2: You know what it's it's and that's that's probably like 157 00:06:28,720 --> 00:06:32,040 Speaker 2: one of those kind of pivotal moments, is like I deferred. 158 00:06:32,360 --> 00:06:36,440 Speaker 2: I deferred, And because we were always running nightclubs, we 159 00:06:36,440 --> 00:06:38,200 Speaker 2: was just a bunch of friends that were bringing this 160 00:06:39,040 --> 00:06:42,040 Speaker 2: events in together, and you know, we went from Treehouse 161 00:06:42,080 --> 00:06:44,080 Speaker 2: to Anyway, which was at the Metro Theater. Then we're 162 00:06:44,120 --> 00:06:46,320 Speaker 2: doing three thousand people a week and we were now 163 00:06:46,360 --> 00:06:48,679 Speaker 2: connecting with great Australian artists that were up on the rise. 164 00:06:48,720 --> 00:06:51,120 Speaker 2: And it wasn't until we saw a bigger gap in 165 00:06:51,160 --> 00:06:54,320 Speaker 2: the market, which was when we launched Beyond the Valley 166 00:06:55,880 --> 00:06:58,520 Speaker 2: for a multi day music camping festival that was focused 167 00:06:58,560 --> 00:07:00,960 Speaker 2: around dance music. So that commune club that we were 168 00:07:01,160 --> 00:07:04,159 Speaker 2: kind of building out and taking that big step from 169 00:07:04,240 --> 00:07:07,120 Speaker 2: nightclubs to festivals that requires you to be all in. 170 00:07:07,279 --> 00:07:10,840 Speaker 2: And there was a point where deferring turned into no, 171 00:07:11,040 --> 00:07:13,520 Speaker 2: I'm giving this my all. I'd rather sink or swim. 172 00:07:14,120 --> 00:07:16,600 Speaker 2: And I think when we take that, took that big 173 00:07:16,640 --> 00:07:18,360 Speaker 2: leap of faith, and you know, there was only two 174 00:07:18,400 --> 00:07:20,640 Speaker 2: years later. We're in our early twenties. I was twenty 175 00:07:20,680 --> 00:07:25,000 Speaker 2: years old, but going all in on it, it was 176 00:07:25,040 --> 00:07:27,920 Speaker 2: really kind of a big, big shift. And yeah, once 177 00:07:28,240 --> 00:07:30,080 Speaker 2: once we launched that festival of in Years Eve, we 178 00:07:30,160 --> 00:07:33,680 Speaker 2: knew we'd created something special. You know, we did lose 179 00:07:33,680 --> 00:07:35,600 Speaker 2: a million dollars in our first event at the Ripe 180 00:07:35,600 --> 00:07:36,600 Speaker 2: Old Age of twenty. 181 00:07:36,600 --> 00:07:38,080 Speaker 1: You made a million dollars or you lost it. 182 00:07:38,200 --> 00:07:39,160 Speaker 2: We lost a million dollars. 183 00:07:39,240 --> 00:07:41,480 Speaker 1: You lost a million dollars? Yeah, yeah, how would you 184 00:07:41,480 --> 00:07:42,480 Speaker 1: get a million bucks to lose? 185 00:07:43,400 --> 00:07:48,000 Speaker 2: It's funny running the nightclub successfully for all those years, 186 00:07:48,000 --> 00:07:50,240 Speaker 2: but not to mention we've been bootstraps since day one. 187 00:07:50,280 --> 00:07:52,080 Speaker 2: We went to our families and everyone to kind of 188 00:07:52,120 --> 00:07:55,800 Speaker 2: chip in and help. And yeah, it seems very simple 189 00:07:55,800 --> 00:07:58,080 Speaker 2: from going to a nightclub to a big eight thousand 190 00:07:58,080 --> 00:08:00,720 Speaker 2: person camping event. You book, the talent, market the show, 191 00:08:01,240 --> 00:08:03,600 Speaker 2: but there's so many other elements in running an event 192 00:08:03,680 --> 00:08:05,480 Speaker 2: like this, all these people under your duty of care, 193 00:08:05,560 --> 00:08:07,960 Speaker 2: the safety of the traffic, management, the security of the policing, 194 00:08:08,320 --> 00:08:11,360 Speaker 2: first aid. We sold the tickets, we didn't budget for 195 00:08:11,360 --> 00:08:13,320 Speaker 2: all these other things, and yeah, we lost. We came 196 00:08:13,400 --> 00:08:15,920 Speaker 2: up a million dollars short on our first event. As 197 00:08:15,920 --> 00:08:18,800 Speaker 2: a promoter, when you have an event that is really 198 00:08:18,800 --> 00:08:21,320 Speaker 2: good and do you feel that that special, that energy there, 199 00:08:22,280 --> 00:08:24,280 Speaker 2: the only thing that you can do is to go 200 00:08:24,320 --> 00:08:26,800 Speaker 2: again and hope that you get that buying from that community. 201 00:08:26,840 --> 00:08:29,120 Speaker 2: And we did. We went on, say when our second 202 00:08:29,160 --> 00:08:30,720 Speaker 2: year Beyond the Valley, and everyone had heard about this 203 00:08:30,760 --> 00:08:32,959 Speaker 2: amazing new event, and we sold eighteen thousand tickets in 204 00:08:33,000 --> 00:08:33,600 Speaker 2: our second. 205 00:08:33,400 --> 00:08:35,079 Speaker 1: Year how did you sell in the first year? 206 00:08:35,120 --> 00:08:38,800 Speaker 2: Just five thousands And it was funny that it was 207 00:08:39,080 --> 00:08:40,840 Speaker 2: we would run it on Philip Island in our first 208 00:08:40,920 --> 00:08:44,640 Speaker 2: year Pyramid Rock fessel that used to exist. There was 209 00:08:44,679 --> 00:08:46,840 Speaker 2: a whole sleuth festivals that were around at that time. 210 00:08:46,880 --> 00:08:49,560 Speaker 2: There was like Falls Vessel, Pyramid Rock. You remember, we 211 00:08:49,600 --> 00:08:52,719 Speaker 2: came out a big day out, sound Way, Future Music, Stereosonic. 212 00:08:53,400 --> 00:08:55,360 Speaker 2: They were all these vessels that we grew up attending 213 00:08:55,480 --> 00:08:58,760 Speaker 2: and loved, but they kind of failed to adapt as 214 00:08:58,800 --> 00:09:02,040 Speaker 2: the culture shifted and the time shifted, and we saw 215 00:09:02,040 --> 00:09:05,000 Speaker 2: that real opportunity to create a more boutique, bespoke event 216 00:09:05,200 --> 00:09:08,280 Speaker 2: tailored to the experience. We were the first and tried 217 00:09:08,320 --> 00:09:11,320 Speaker 2: to introduce glamping so people could have their luxurious tents 218 00:09:11,320 --> 00:09:13,480 Speaker 2: and everything all set up to them and a lot 219 00:09:13,520 --> 00:09:15,800 Speaker 2: of hot new acts in that first year Rufus de 220 00:09:15,920 --> 00:09:19,079 Speaker 2: sol K Trinada, Don Dolla, all center around electronic music. 221 00:09:21,080 --> 00:09:23,160 Speaker 2: That yeah, in our second year just really took off 222 00:09:23,200 --> 00:09:25,160 Speaker 2: and we sold eighteen thousand tickets. 223 00:09:25,679 --> 00:09:29,760 Speaker 3: But does that mean your expense is doubled? Well, because 224 00:09:29,760 --> 00:09:32,319 Speaker 3: you got to I guess you got early thousand guests 225 00:09:32,920 --> 00:09:34,480 Speaker 3: that you gotta look at after which means you've got 226 00:09:34,520 --> 00:09:36,920 Speaker 3: to put on extra security all those things you mentioned before. 227 00:09:37,840 --> 00:09:39,520 Speaker 1: Was a man for man like is a dollar for dollar? 228 00:09:40,120 --> 00:09:42,160 Speaker 2: Yeah, it is, And to be honest, every year is 229 00:09:42,200 --> 00:09:45,080 Speaker 2: a different learning experience. That year selling eighteen thousand tickets, 230 00:09:46,200 --> 00:09:50,240 Speaker 2: we were probably still chasing the recovery of what we 231 00:09:50,360 --> 00:09:52,679 Speaker 2: lost in the first year, and we probably weren't ready 232 00:09:52,760 --> 00:09:54,240 Speaker 2: to run an event of that color. But we were 233 00:09:54,320 --> 00:09:56,559 Speaker 2: running enough camping space, camping people in the hills. We 234 00:09:56,600 --> 00:09:59,480 Speaker 2: didn't have enough resources for the other things, because well 235 00:09:59,480 --> 00:10:02,760 Speaker 2: it is dollar dollar. The availability over years is very hard, 236 00:10:02,760 --> 00:10:05,840 Speaker 2: and particularly that year was four to forty degree days 237 00:10:05,840 --> 00:10:09,199 Speaker 2: in a row. People don't realize we're diverting ice shipments 238 00:10:09,240 --> 00:10:11,680 Speaker 2: to help the CFA cool their fire trucks down and 239 00:10:11,920 --> 00:10:14,640 Speaker 2: have to make these really hard decisions. And the experience 240 00:10:14,640 --> 00:10:16,079 Speaker 2: wasn't great in our second year, so we went from 241 00:10:16,120 --> 00:10:18,760 Speaker 2: eight to eighteen thousand tickets. The next year we only 242 00:10:18,760 --> 00:10:21,280 Speaker 2: sold twelve and a half thousand tickets because the experience 243 00:10:21,280 --> 00:10:22,600 Speaker 2: the year before was not. 244 00:10:22,640 --> 00:10:26,920 Speaker 1: Great and the experience for the guests or the. 245 00:10:26,920 --> 00:10:27,680 Speaker 2: Experience for the guests. 246 00:10:27,720 --> 00:10:32,160 Speaker 3: Yeah, yeah, we purposely sold less tickets. No, No, they 247 00:10:32,200 --> 00:10:33,040 Speaker 3: just saw were not gone back. 248 00:10:33,080 --> 00:10:34,839 Speaker 2: They just said, oh that event, we heard so much 249 00:10:34,840 --> 00:10:37,280 Speaker 2: about it, it wasn't too great and we had to 250 00:10:37,280 --> 00:10:39,520 Speaker 2: then again copper loss in the third year, going okay, 251 00:10:39,600 --> 00:10:42,640 Speaker 2: So what we learned a lot about was reinvesting into 252 00:10:42,640 --> 00:10:46,959 Speaker 2: the Punter experience, reinvesting into the shortcomings that happened, and 253 00:10:47,640 --> 00:10:50,480 Speaker 2: having to take a hit again to kind of sustainably 254 00:10:50,480 --> 00:10:52,800 Speaker 2: build an event. And so when you'll get the trajectory 255 00:10:52,800 --> 00:10:54,760 Speaker 2: now beyond the Valley is you know, we're celebrating our 256 00:10:54,800 --> 00:10:58,040 Speaker 2: tenth the anniversary this year. We sold out forty thousand 257 00:10:58,040 --> 00:11:01,560 Speaker 2: tickets instantly when we went to sale, and you know these, Yeah, 258 00:11:01,880 --> 00:11:05,600 Speaker 2: it's really great to see that. You know, the trajectory 259 00:11:05,640 --> 00:11:07,960 Speaker 2: has gone from eighty to eighteen thousand, it dropped down 260 00:11:07,960 --> 00:11:11,240 Speaker 2: twelve and then we went fifteen, eighteen, twenty five and 261 00:11:11,240 --> 00:11:13,840 Speaker 2: a half, thirty thirty five, forty in it. It's been 262 00:11:13,840 --> 00:11:16,640 Speaker 2: that constant build of how can we continue to refine 263 00:11:16,679 --> 00:11:20,040 Speaker 2: and get things better for our audience, for our artists 264 00:11:20,080 --> 00:11:22,120 Speaker 2: and for us, Like we're still learning. You know, I'm 265 00:11:22,240 --> 00:11:24,160 Speaker 2: very very excited for what we're going to deliver this year, 266 00:11:24,200 --> 00:11:26,959 Speaker 2: but we're constantly learning and refining and I think that's 267 00:11:27,520 --> 00:11:30,280 Speaker 2: having your finger on the pulse and constantly being dynamic 268 00:11:30,400 --> 00:11:31,800 Speaker 2: is what's going to stand the test of time for 269 00:11:31,840 --> 00:11:32,800 Speaker 2: a good vessel event. 270 00:11:33,000 --> 00:11:35,680 Speaker 3: So lots of people who are in my audience, you 271 00:11:35,679 --> 00:11:38,960 Speaker 3: know that they have ideas about that a job in 272 00:11:39,000 --> 00:11:40,640 Speaker 3: your case of unit, they might be at union, it 273 00:11:40,720 --> 00:11:43,600 Speaker 3: might be learning doing something in a formal sense. Jobs 274 00:11:43,640 --> 00:11:46,680 Speaker 3: formal way of learning on the job. University is the 275 00:11:46,679 --> 00:11:49,439 Speaker 3: form way of learning. And then they have the side ustle, 276 00:11:49,640 --> 00:11:52,640 Speaker 3: you know, the thing they I'm not sure about they 277 00:11:52,760 --> 00:11:57,480 Speaker 3: really love. And then your case was music and or 278 00:11:57,800 --> 00:12:00,959 Speaker 3: events at music at places, not the festivals, but you 279 00:12:01,000 --> 00:12:04,679 Speaker 3: know like a you know, music events in Melbourne and 280 00:12:05,160 --> 00:12:08,439 Speaker 3: Melbourne's I think Melbourne might be a little bit different 281 00:12:08,440 --> 00:12:09,280 Speaker 3: to Sitting in that regard. 282 00:12:09,320 --> 00:12:10,199 Speaker 1: But I'll come back to that. 283 00:12:10,440 --> 00:12:11,920 Speaker 2: Yeah, we'll come back to it because the whole of 284 00:12:11,920 --> 00:12:12,720 Speaker 2: Australia is different. 285 00:12:13,200 --> 00:12:14,840 Speaker 3: I will come back to it because I'd love to 286 00:12:14,880 --> 00:12:17,440 Speaker 3: know which how you see that sort of stuff. 287 00:12:17,840 --> 00:12:21,480 Speaker 1: But you have to work out at some stages a 288 00:12:21,640 --> 00:12:22,200 Speaker 1: tipping point. 289 00:12:22,200 --> 00:12:24,800 Speaker 3: There's a point at which I'm all in, you know, 290 00:12:24,960 --> 00:12:27,559 Speaker 3: like and who do you discuss that with when you're 291 00:12:27,559 --> 00:12:29,720 Speaker 3: a kid at the time of like twenty so, who 292 00:12:29,720 --> 00:12:31,440 Speaker 3: did you discuss with Yeah. 293 00:12:31,520 --> 00:12:34,320 Speaker 2: You know what's funny is yeah, well, my brother was 294 00:12:34,440 --> 00:12:37,880 Speaker 2: always a great inspiration for me and mental I think 295 00:12:37,920 --> 00:12:40,480 Speaker 2: mentorship is very important, and it's really funny that I've 296 00:12:40,520 --> 00:12:43,920 Speaker 2: had various mentors over my life. 297 00:12:44,360 --> 00:12:49,480 Speaker 3: You know, we're only young, you know, thirty something, thirty two, 298 00:12:49,559 --> 00:12:51,839 Speaker 3: So over the last say, twelve forteen years, you had 299 00:12:51,920 --> 00:12:52,640 Speaker 3: various mentors. 300 00:12:52,720 --> 00:12:55,120 Speaker 2: Various mentors. Yeah, yeah, and like I'll never forget. So 301 00:12:55,679 --> 00:12:59,960 Speaker 2: one of my first mentors, Mike Bird, was on a 302 00:13:00,040 --> 00:13:02,560 Speaker 2: on a walk with me during COVID. 303 00:13:02,559 --> 00:13:06,040 Speaker 1: You get him as a mentor, Yeah, you know why him. 304 00:13:06,280 --> 00:13:08,520 Speaker 2: Because because he saw something in me to encourage me 305 00:13:08,559 --> 00:13:11,600 Speaker 2: to think bigger. He was just a friend of a 306 00:13:11,600 --> 00:13:14,000 Speaker 2: friend that I was Oh. Actually, so my partner at 307 00:13:14,000 --> 00:13:16,679 Speaker 2: the time worked for his company, and I invited him 308 00:13:16,679 --> 00:13:18,520 Speaker 2: one to one of my events, took him down to 309 00:13:18,520 --> 00:13:21,360 Speaker 2: grapevine gathering in the Yarra Valley and he just was 310 00:13:21,400 --> 00:13:23,840 Speaker 2: amazed by the community and what he goes, this is amazing, 311 00:13:23,960 --> 00:13:26,840 Speaker 2: Like it's amazing, but you're not. He said, You're not 312 00:13:26,840 --> 00:13:29,200 Speaker 2: in the festival game. You're in the audience game. And 313 00:13:29,240 --> 00:13:31,720 Speaker 2: I kind of didn't understand it at the time. And 314 00:13:31,960 --> 00:13:34,040 Speaker 2: what he was encouraged me to say, he goes, look 315 00:13:34,080 --> 00:13:35,800 Speaker 2: at all these people that are coming to your events, 316 00:13:36,040 --> 00:13:38,400 Speaker 2: and think about all the other great things that you 317 00:13:38,440 --> 00:13:40,080 Speaker 2: could You should be selling your own wines and your 318 00:13:40,120 --> 00:13:42,360 Speaker 2: this and doing that, and. 319 00:13:43,760 --> 00:13:46,640 Speaker 1: Just as opposed to just having an artist sub there 320 00:13:46,679 --> 00:13:47,240 Speaker 1: sing each of them. 321 00:13:47,320 --> 00:13:49,920 Speaker 2: Yeah, yeah, just I think at the time we were 322 00:13:50,000 --> 00:13:53,320 Speaker 2: just we were just running a series of At that stage, 323 00:13:53,400 --> 00:13:56,040 Speaker 2: we'd had we had a successful club night, we had 324 00:13:56,160 --> 00:13:58,640 Speaker 2: a few different vestvals, but there was no real all 325 00:13:58,720 --> 00:14:01,040 Speaker 2: encompassing kind of brand of. 326 00:14:01,800 --> 00:14:04,360 Speaker 1: That was nothing for people belonged to Yeah, yeah, no. 327 00:14:04,360 --> 00:14:07,760 Speaker 2: Belonging to credit the community. And that's why you know, 328 00:14:07,840 --> 00:14:09,640 Speaker 2: I think about you know this and this was still 329 00:14:09,640 --> 00:14:12,200 Speaker 2: like a decade ago, was when we really kind of 330 00:14:13,360 --> 00:14:16,720 Speaker 2: growing us to create Untitled Group, which was encompassed everything 331 00:14:16,800 --> 00:14:19,000 Speaker 2: that we do as a company, and we really do 332 00:14:19,080 --> 00:14:22,240 Speaker 2: think kind of limitless in what we're able to do 333 00:14:22,280 --> 00:14:24,560 Speaker 2: with the future, and we want to always service audience 334 00:14:24,560 --> 00:14:27,280 Speaker 2: with better products and services. And you know, I think 335 00:14:27,360 --> 00:14:30,200 Speaker 2: during COVID going back to that that for the first 336 00:14:30,240 --> 00:14:34,400 Speaker 2: thing that that mental set was just about diversification, and 337 00:14:34,440 --> 00:14:37,520 Speaker 2: it was a survey that came out that was asking 338 00:14:37,680 --> 00:14:40,920 Speaker 2: the consumption habits of young people and we saw on 339 00:14:40,960 --> 00:14:42,560 Speaker 2: there it was where do young people get their news? 340 00:14:42,600 --> 00:14:45,240 Speaker 2: And it was you know, social media TV and seventy 341 00:14:45,240 --> 00:14:49,120 Speaker 2: percent of respondents wrote the Daily OS, which within now 342 00:14:49,160 --> 00:14:52,200 Speaker 2: what is great? And you've had Zara on this program 343 00:14:52,440 --> 00:14:56,480 Speaker 2: and we were and that was a non predict option 344 00:14:56,520 --> 00:14:57,840 Speaker 2: that people had to fill out. When we found out 345 00:14:57,840 --> 00:14:59,360 Speaker 2: seven percent of our audience was going to that as 346 00:14:59,360 --> 00:15:01,680 Speaker 2: their primary news source, we reached out to the Daily 347 00:15:01,800 --> 00:15:03,400 Speaker 2: Was we said, how can we support haw caen back 348 00:15:03,400 --> 00:15:05,960 Speaker 2: and we made a strategic investment and partnership in that company. 349 00:15:06,000 --> 00:15:08,520 Speaker 2: It's been one of our kind of best partnership companies 350 00:15:08,560 --> 00:15:11,320 Speaker 2: that we've gone on to work with and. 351 00:15:11,280 --> 00:15:13,360 Speaker 1: As an investor or, yeah, well yeah. 352 00:15:13,200 --> 00:15:15,840 Speaker 2: I mean, I mean we're a kind of major shareholder 353 00:15:16,600 --> 00:15:18,920 Speaker 2: with them. It was a quite quite significant investment and 354 00:15:19,160 --> 00:15:21,120 Speaker 2: looking at ways that we can kind of collaborate between 355 00:15:21,400 --> 00:15:24,680 Speaker 2: the two companies, which has been really successful over the 356 00:15:24,720 --> 00:15:28,640 Speaker 2: past couple of years in terms of helping to cross 357 00:15:28,640 --> 00:15:30,720 Speaker 2: pollin eate and align each other to the database and audience, 358 00:15:30,720 --> 00:15:32,320 Speaker 2: which has been really really successful. 359 00:15:32,520 --> 00:15:36,560 Speaker 3: You mentioned your mental guy dude and a friend of 360 00:15:36,560 --> 00:15:39,200 Speaker 3: a friend, et cetera, and he said to you, you're 361 00:15:39,240 --> 00:15:43,000 Speaker 3: not really running festivals, you're delivering something to an audience. 362 00:15:44,960 --> 00:15:46,800 Speaker 3: Was that off the back of a question you asked 363 00:15:46,840 --> 00:15:48,360 Speaker 3: him or did you just volunteer that to you? 364 00:15:49,640 --> 00:15:52,880 Speaker 2: I think that's the great things about Yeah again going 365 00:15:52,880 --> 00:15:57,880 Speaker 2: to mentorship, and I keep saying mentors, Mike Byrd, Rob Philpott, 366 00:15:57,880 --> 00:15:59,520 Speaker 2: all these people that have been great mental they're still 367 00:15:59,520 --> 00:16:01,560 Speaker 2: they're my best friends, and they're still my best friends. 368 00:16:02,000 --> 00:16:04,840 Speaker 2: But it's interweaving that kind of business knowledge in a 369 00:16:04,840 --> 00:16:07,080 Speaker 2: way that's kind of not telling me what to do, 370 00:16:07,120 --> 00:16:09,680 Speaker 2: but planting the seed that allows me to kind of 371 00:16:09,680 --> 00:16:12,040 Speaker 2: come onto the next thing. It's Yeah, it's a really 372 00:16:12,080 --> 00:16:14,480 Speaker 2: funny thing because Mike actually he encouraged me to buy 373 00:16:14,520 --> 00:16:16,240 Speaker 2: a Beat magazine at the time. He's like, you guys 374 00:16:16,240 --> 00:16:18,440 Speaker 2: should buy a Beat and do this and that, And 375 00:16:18,480 --> 00:16:20,680 Speaker 2: then three years later we end up investing in the 376 00:16:20,760 --> 00:16:22,960 Speaker 2: Daily was and kind of the right things kind of 377 00:16:22,960 --> 00:16:26,040 Speaker 2: came about in the right way. And I just think 378 00:16:26,040 --> 00:16:28,720 Speaker 2: it's it's having those conversations that enable you to think bigger, 379 00:16:28,760 --> 00:16:30,880 Speaker 2: even if it's not at the time just come about 380 00:16:30,880 --> 00:16:32,960 Speaker 2: full circle. They plant the seed, the seed, but you 381 00:16:33,520 --> 00:16:35,200 Speaker 2: have to be open to that though. I think I 382 00:16:35,200 --> 00:16:37,040 Speaker 2: think the biggest thing is putting yourself out there and 383 00:16:37,040 --> 00:16:39,080 Speaker 2: showing up. You know. I've even mentored a lot of 384 00:16:39,080 --> 00:16:41,080 Speaker 2: young people that want to get into the music industry 385 00:16:41,880 --> 00:16:43,920 Speaker 2: because they take a leap of faith. They messaged me 386 00:16:43,960 --> 00:16:45,640 Speaker 2: on into it. They'll grab me at an event and say, hey, 387 00:16:45,680 --> 00:16:48,040 Speaker 2: can we have a coffee? And I think you're going 388 00:16:48,120 --> 00:16:49,680 Speaker 2: to find the right people that are that are there 389 00:16:49,720 --> 00:16:52,040 Speaker 2: for you. And some people might be a bit more 390 00:16:52,080 --> 00:16:54,160 Speaker 2: protective of their time aroun jury then, but like you know, 391 00:16:54,280 --> 00:16:56,240 Speaker 2: putting you don't know if unless you put yourself out there. 392 00:16:56,840 --> 00:16:59,080 Speaker 2: I was very lucky enough to have Mike as a 393 00:16:59,120 --> 00:17:03,120 Speaker 2: friend and then he introduced me to these different circles 394 00:17:03,160 --> 00:17:06,800 Speaker 2: and people that I'd constantly take inspiration from. In fact, 395 00:17:07,000 --> 00:17:09,800 Speaker 2: probably one of the biggest so one of the biggest 396 00:17:09,800 --> 00:17:13,480 Speaker 2: things that I probably learned was in March or twenty twenty, 397 00:17:13,720 --> 00:17:16,440 Speaker 2: that moment where I told my parents dropping out of 398 00:17:16,560 --> 00:17:20,280 Speaker 2: UNI going to going all in on music. They said, 399 00:17:20,400 --> 00:17:22,600 Speaker 2: music's nothing but sex, drugs and rock and roll, and 400 00:17:22,680 --> 00:17:24,920 Speaker 2: it's not a business. And I was reading Richard Branson's 401 00:17:25,000 --> 00:17:27,720 Speaker 2: Losing My Virginity, which was such an inspiring book for me. 402 00:17:27,760 --> 00:17:31,240 Speaker 2: From going from a record label to space travel and 403 00:17:31,280 --> 00:17:33,520 Speaker 2: everything that Virgin did. It was so inspiring and I 404 00:17:33,560 --> 00:17:35,359 Speaker 2: just felt the energy and I threw the book down 405 00:17:35,400 --> 00:17:36,840 Speaker 2: and said, well, Richard Brandson can do it. And my 406 00:17:36,840 --> 00:17:40,280 Speaker 2: parents said, oh, Richard brands knew about Richard Branson. In 407 00:17:40,359 --> 00:17:42,520 Speaker 2: March of twenty twenty, I was lucky enough to get 408 00:17:42,520 --> 00:17:45,359 Speaker 2: invited to Necker Island for an entrepreneur summit to spend 409 00:17:45,359 --> 00:17:46,760 Speaker 2: some time with Richard. 410 00:17:46,440 --> 00:17:47,480 Speaker 1: And that's his island. 411 00:17:48,040 --> 00:17:51,480 Speaker 2: Yeah, yeah, so his great team of entrepreneurs. And I 412 00:17:51,520 --> 00:17:53,280 Speaker 2: had a bit of imposter syndrome when I was there, 413 00:17:53,320 --> 00:17:55,080 Speaker 2: but there was a lot of focus for me. I 414 00:17:55,119 --> 00:17:57,679 Speaker 2: was thinking about Richard and Richard about how much I 415 00:17:57,680 --> 00:18:00,879 Speaker 2: idolized him, all the people I met that trip, with 416 00:18:01,720 --> 00:18:03,679 Speaker 2: the people that I now still have great friendships and 417 00:18:03,760 --> 00:18:05,840 Speaker 2: become mentors to me, and they were That was the 418 00:18:05,840 --> 00:18:09,160 Speaker 2: most impactful thing. It wasn't It wasn't necessarily a meeting Richard, 419 00:18:09,359 --> 00:18:12,200 Speaker 2: that connection himself. It was all the other great friendships. 420 00:18:12,200 --> 00:18:14,160 Speaker 2: You know, one of my great mentors now, Rob Philpott, 421 00:18:14,200 --> 00:18:17,480 Speaker 2: is somebody that I met on that island. And again 422 00:18:17,640 --> 00:18:20,440 Speaker 2: this thing was getting hammered to me about diversifying and diversifying. 423 00:18:20,960 --> 00:18:22,720 Speaker 2: And in March of twenty twenty, when we were there, 424 00:18:23,119 --> 00:18:25,440 Speaker 2: the global pandemic hit and so before you know it, 425 00:18:25,760 --> 00:18:28,240 Speaker 2: we're in lax seventy two hour wait. I get flown 426 00:18:28,280 --> 00:18:30,679 Speaker 2: into a ten day quarantine in Melbourne. So I had 427 00:18:30,720 --> 00:18:33,040 Speaker 2: a lot of time to kind of think about what 428 00:18:33,080 --> 00:18:34,240 Speaker 2: are these other things that we want to. 429 00:18:34,240 --> 00:18:36,160 Speaker 1: Do with the indiversification as of the. 430 00:18:36,119 --> 00:18:39,600 Speaker 2: Product, so diversication as a business, because you know, everyone 431 00:18:39,680 --> 00:18:41,840 Speaker 2: kept saying what happens if you can't run your festival, 432 00:18:41,880 --> 00:18:44,280 Speaker 2: what happens if one festival it gets wiped out by 433 00:18:44,320 --> 00:18:46,920 Speaker 2: the weather? You know what you house your business? And 434 00:18:47,520 --> 00:18:52,640 Speaker 2: I think having that period for COVID was actually, even 435 00:18:52,640 --> 00:18:54,600 Speaker 2: though I decimated our industry and it was really really 436 00:18:54,680 --> 00:18:57,000 Speaker 2: a tough time as it was for everyone, it gave 437 00:18:57,080 --> 00:18:59,800 Speaker 2: us time to really recalibrate and go, what does the 438 00:19:00,200 --> 00:19:01,720 Speaker 2: you look like for us as a company when we 439 00:19:01,720 --> 00:19:04,639 Speaker 2: come out of this pandemic and we're our areas of 440 00:19:04,680 --> 00:19:07,240 Speaker 2: focus and how can we ensure that we're diversified enough 441 00:19:07,600 --> 00:19:09,600 Speaker 2: that not one thing will rock us, not one thing 442 00:19:09,600 --> 00:19:12,879 Speaker 2: can really shake us. And you know, coming out of COVID, 443 00:19:13,080 --> 00:19:15,280 Speaker 2: you know we had seven staff. You know that we 444 00:19:15,520 --> 00:19:17,080 Speaker 2: kept all of our staff, our small team was seven 445 00:19:17,119 --> 00:19:20,560 Speaker 2: during COVID, and we were trying to be dynamic and 446 00:19:20,600 --> 00:19:22,280 Speaker 2: agile on all these things that we were trying to 447 00:19:22,320 --> 00:19:26,600 Speaker 2: do during COVID. When we came out of when we 448 00:19:26,640 --> 00:19:28,960 Speaker 2: hit the vaccination targets and mass gatherings were all out again, 449 00:19:29,720 --> 00:19:32,480 Speaker 2: we were ready, already with a ready made lineup and 450 00:19:32,520 --> 00:19:34,400 Speaker 2: readything out. We were on nine News that night saying 451 00:19:34,400 --> 00:19:36,879 Speaker 2: stay tuned, Beyond the Valley's got a special announcement tomorrow, 452 00:19:37,200 --> 00:19:39,280 Speaker 2: and we announced Beyond the City, which was a version 453 00:19:39,320 --> 00:19:41,920 Speaker 2: of our fessel at Sydney My Music Bowl, which sold 454 00:19:42,000 --> 00:19:44,919 Speaker 2: sixty thousand tickets across two days. So a lot of 455 00:19:44,920 --> 00:19:47,479 Speaker 2: our competitors that maybe let go of staff or a 456 00:19:47,480 --> 00:19:50,520 Speaker 2: bit kind of not quick to return to market. We 457 00:19:50,520 --> 00:19:54,520 Speaker 2: were rolling out event after event after event, and you know, 458 00:19:54,560 --> 00:19:58,000 Speaker 2: we went from six to well now sixty staff in 459 00:19:58,000 --> 00:20:00,439 Speaker 2: the space of you know, three years. But I remember 460 00:20:00,440 --> 00:20:02,240 Speaker 2: that first twelve month period we went from six to 461 00:20:02,280 --> 00:20:03,440 Speaker 2: thirty six staff, So. 462 00:20:03,800 --> 00:20:07,800 Speaker 1: Thirty staff first almost after COVID. After COVID, yeah six 463 00:20:07,880 --> 00:20:09,640 Speaker 1: through how many thirty six? Yeah wow. 464 00:20:09,840 --> 00:20:12,720 Speaker 2: So we were we were throwing people at problems while 465 00:20:12,720 --> 00:20:15,800 Speaker 2: we were in a hyper growth phase, throwing people at problems, 466 00:20:15,880 --> 00:20:20,200 Speaker 2: just growing, growing, growing, growing, And while that was really fantastic, 467 00:20:20,359 --> 00:20:22,399 Speaker 2: again it was all in line with the plan that 468 00:20:22,440 --> 00:20:26,600 Speaker 2: we had coming building COVID, that diversified business model of 469 00:20:26,640 --> 00:20:28,960 Speaker 2: different styles of events that tapped to different genres and 470 00:20:29,000 --> 00:20:31,640 Speaker 2: different things in the business portfolio like the Daliels which 471 00:20:31,680 --> 00:20:34,960 Speaker 2: is a media company, strategic investment into Mister Young which 472 00:20:35,000 --> 00:20:36,520 Speaker 2: is now me and you you know, all these kind 473 00:20:36,520 --> 00:20:38,560 Speaker 2: of different things that we would embed and integrate in 474 00:20:38,600 --> 00:20:42,080 Speaker 2: our events, Ugly Vodka which is our sustainable vodka brand 475 00:20:42,200 --> 00:20:45,200 Speaker 2: made from ugly apples. All these kind of different businesses 476 00:20:45,240 --> 00:20:49,400 Speaker 2: all working in unison. But then again we as we 477 00:20:49,400 --> 00:20:51,919 Speaker 2: were in hypergrowth, you know, another thing rocked us and 478 00:20:51,920 --> 00:20:55,160 Speaker 2: I think a real testament to this whole kind of diversification. 479 00:20:56,000 --> 00:20:58,600 Speaker 2: One of the ticketing partners that we were using Fest ticket, 480 00:21:00,000 --> 00:21:03,280 Speaker 2: Sudden Gets, announced that they're going to administrate global administration, 481 00:21:04,160 --> 00:21:06,160 Speaker 2: and we're quickly checking out how much of their fund 482 00:21:06,200 --> 00:21:09,080 Speaker 2: of our funds they're still holding. And I'll never forget 483 00:21:09,080 --> 00:21:12,359 Speaker 2: that moment when we found out that none of the 484 00:21:12,440 --> 00:21:14,439 Speaker 2: debtors were getting any money back and they had three 485 00:21:14,480 --> 00:21:15,200 Speaker 2: and a half million. 486 00:21:15,040 --> 00:21:20,000 Speaker 1: Dollars you being in debtor, yep, they had three and 487 00:21:20,000 --> 00:21:20,480 Speaker 1: a half. 488 00:21:20,280 --> 00:21:22,040 Speaker 2: Million dollars of our ticketing funds. 489 00:21:22,560 --> 00:21:26,720 Speaker 3: So your your audience or your your community bought tickets 490 00:21:26,800 --> 00:21:27,600 Speaker 3: from this mob. 491 00:21:27,480 --> 00:21:29,520 Speaker 2: Bought tickets to this mob, and they I think it 492 00:21:29,560 --> 00:21:32,720 Speaker 2: was Grapevine twenty twenty two. Yeah, and they're going to 493 00:21:32,760 --> 00:21:35,520 Speaker 2: add min Yeah, so they buy the tickets from the 494 00:21:35,640 --> 00:21:39,600 Speaker 2: or Great Mine twenty twenty three. Actually they go into administration. 495 00:21:39,840 --> 00:21:42,600 Speaker 2: People have bought the tickets. They're holding a set amount 496 00:21:42,600 --> 00:21:46,480 Speaker 2: of funds. I've given us some, and we now are 497 00:21:46,480 --> 00:21:48,520 Speaker 2: three and a half million dollars down from the ticketing 498 00:21:48,520 --> 00:21:50,280 Speaker 2: funds that we're meant to get from our audience, and 499 00:21:50,320 --> 00:21:51,960 Speaker 2: we're expected to still deliver this event. 500 00:21:53,200 --> 00:21:54,880 Speaker 1: And you've got to pay the artists everything either, we've 501 00:21:54,880 --> 00:21:55,680 Speaker 1: got to pay everything. 502 00:21:55,480 --> 00:22:00,240 Speaker 2: Still to full. There was that real kind of again 503 00:22:00,280 --> 00:22:03,679 Speaker 2: a line in the same moment about do we do 504 00:22:03,760 --> 00:22:05,760 Speaker 2: we be upfront with everyone? Do we cancel the event 505 00:22:05,760 --> 00:22:06,960 Speaker 2: and say we don't know, you know, we kind of 506 00:22:07,000 --> 00:22:09,840 Speaker 2: the fund he's a partial refund. Here's what happened, And 507 00:22:09,920 --> 00:22:12,119 Speaker 2: that would have been I feel like if we made that, 508 00:22:12,160 --> 00:22:13,919 Speaker 2: which would have been obviously the easy move to do, 509 00:22:14,640 --> 00:22:17,080 Speaker 2: that would have impacted our reputation so much that it 510 00:22:17,080 --> 00:22:19,919 Speaker 2: would have probably been the end of Untitled Group, we 511 00:22:20,000 --> 00:22:23,200 Speaker 2: made a conscio decision We're going full steam ahead. We'll 512 00:22:23,200 --> 00:22:26,360 Speaker 2: switch ticketing providers to another provider, continue to sell tickets 513 00:22:26,720 --> 00:22:29,600 Speaker 2: and we'll honor every ticket and just take take the loss. 514 00:22:29,960 --> 00:22:32,399 Speaker 2: But we ran a great event still and everybody was 515 00:22:32,440 --> 00:22:35,120 Speaker 2: still so appreciative and those that particularly new and could 516 00:22:35,119 --> 00:22:38,960 Speaker 2: see the new the global news that for us to 517 00:22:38,960 --> 00:22:41,359 Speaker 2: go ahead and pull through it really took a lot, 518 00:22:41,400 --> 00:22:43,399 Speaker 2: a lot of resource and pulling and you know how 519 00:22:43,440 --> 00:22:45,439 Speaker 2: we were able to to kind of get through with that. 520 00:22:46,320 --> 00:22:49,560 Speaker 2: But the VIA brand good for the brand, But I 521 00:22:49,560 --> 00:22:53,520 Speaker 2: also think there's an element to it that's good for 522 00:22:54,520 --> 00:22:58,960 Speaker 2: you know, your your creativity and and your drive never 523 00:22:59,000 --> 00:23:01,119 Speaker 2: comes from an area of curity and abundance, you know. 524 00:23:01,560 --> 00:23:04,639 Speaker 2: It was really that scarcity and that that fire underneath us, 525 00:23:04,680 --> 00:23:08,320 Speaker 2: that holy shit, we need to do something to fix 526 00:23:08,359 --> 00:23:11,200 Speaker 2: this three and a half million or avoid and how 527 00:23:11,280 --> 00:23:13,679 Speaker 2: can we drive other areas of the business. And we 528 00:23:13,720 --> 00:23:16,520 Speaker 2: are always constantly and that goes back to this whole diversification. 529 00:23:17,240 --> 00:23:19,400 Speaker 2: One vessel that was great fun gathering, you know, copped 530 00:23:19,400 --> 00:23:21,600 Speaker 2: a huge loss. We had to find other areas to 531 00:23:22,119 --> 00:23:24,879 Speaker 2: get revenue, ideas or business in other areas and we 532 00:23:24,880 --> 00:23:29,720 Speaker 2: were able to do that to kind of continue this again. 533 00:23:30,320 --> 00:23:32,800 Speaker 3: Feel that gap, to fill the gap and also not 534 00:23:32,840 --> 00:23:34,920 Speaker 3: to disappoint your customers and also to keep your brand 535 00:23:34,920 --> 00:23:37,560 Speaker 3: alive or your brand would be reliable. 536 00:23:37,680 --> 00:23:38,400 Speaker 1: At a minimum. 537 00:23:38,440 --> 00:23:42,080 Speaker 3: Could I just go back to you can feel my diversification, 538 00:23:42,160 --> 00:23:43,840 Speaker 3: but I think we need to sort of expand on 539 00:23:43,880 --> 00:23:46,280 Speaker 3: that a little bit and I'd love to know how 540 00:23:46,280 --> 00:23:48,720 Speaker 3: you did it. So let's go back to that period 541 00:23:48,800 --> 00:23:51,920 Speaker 3: during COVID, when you know, particularly Victoria, everything is pretty 542 00:23:51,960 --> 00:23:54,280 Speaker 3: much closed down. You're not going to have gathering to 543 00:23:54,280 --> 00:23:55,359 Speaker 3: beople to get together. 544 00:23:55,520 --> 00:23:57,520 Speaker 2: Well, we were try at dinner when again I mentioned 545 00:23:57,560 --> 00:23:59,960 Speaker 2: I had seven staff during COVID that we're just staying active. 546 00:24:00,440 --> 00:24:02,359 Speaker 2: We announced this thing called at the drive in. We 547 00:24:02,440 --> 00:24:05,920 Speaker 2: were doing drive in concerts, so while everyone else was completely. 548 00:24:05,560 --> 00:24:09,600 Speaker 1: Silent, you drive you car in driving like the old movies, but. 549 00:24:09,680 --> 00:24:12,240 Speaker 2: A band's playing. So imagine if that book your cars 550 00:24:12,280 --> 00:24:14,400 Speaker 2: three people per car, social distance and get your drinks 551 00:24:14,400 --> 00:24:16,800 Speaker 2: to live to your car. The amount of work that 552 00:24:16,880 --> 00:24:19,639 Speaker 2: went into that concert series that we were you know, 553 00:24:19,760 --> 00:24:22,400 Speaker 2: had a and great to give Australian artists a platform 554 00:24:22,480 --> 00:24:26,320 Speaker 2: to perform again and it was received really well, everyone's 555 00:24:26,320 --> 00:24:28,000 Speaker 2: going to be great on title group. This is amazing. 556 00:24:28,240 --> 00:24:30,879 Speaker 1: The artists have to stand two meters apart or something well. 557 00:24:30,800 --> 00:24:34,080 Speaker 2: Being in victoria. Of course, while we're mid build, another 558 00:24:34,160 --> 00:24:37,600 Speaker 2: lockdown happens. So there goes us trying to do something 559 00:24:37,640 --> 00:24:40,520 Speaker 2: good for everyone and putting more hardship on again something 560 00:24:40,560 --> 00:24:42,399 Speaker 2: that gets canceled halfway through. So we never got to 561 00:24:42,400 --> 00:24:46,879 Speaker 2: go ahead with it. The drive in theater one, to 562 00:24:46,920 --> 00:24:49,359 Speaker 2: be honest, thank god, because that would have just been 563 00:24:49,440 --> 00:24:52,240 Speaker 2: too dystopian for me, like some weird imagine, like you know, 564 00:24:52,280 --> 00:24:55,359 Speaker 2: watching watching bands in your car just just just really wouldn't. 565 00:24:55,359 --> 00:24:57,240 Speaker 2: It just doesn't sit right for me with live music, 566 00:24:57,720 --> 00:24:59,680 Speaker 2: tuning into the radio to hear a band that's playing 567 00:24:59,680 --> 00:25:00,160 Speaker 2: in front. 568 00:25:00,080 --> 00:25:02,840 Speaker 3: Are you now, Like I remember those driving theaters. We 569 00:25:03,119 --> 00:25:05,320 Speaker 3: these actually have a speaker thing. You just take off 570 00:25:05,520 --> 00:25:07,440 Speaker 3: a steel post and speak thing. It was like a 571 00:25:07,480 --> 00:25:09,840 Speaker 3: big boxing like that. You used to hang it off 572 00:25:09,880 --> 00:25:11,879 Speaker 3: your window and wind your window up and hang it 573 00:25:11,960 --> 00:25:13,800 Speaker 3: on the window and used to give us a little 574 00:25:13,840 --> 00:25:15,800 Speaker 3: volume thing and they used to dial it up or 575 00:25:15,840 --> 00:25:16,280 Speaker 3: dollar down. 576 00:25:16,600 --> 00:25:17,960 Speaker 1: As a kid, I remember going to the movies. 577 00:25:18,480 --> 00:25:21,119 Speaker 3: When you said that, I thought to myself, you'd all 578 00:25:21,160 --> 00:25:24,160 Speaker 3: be watching the movie the band through your front window, 579 00:25:24,800 --> 00:25:27,359 Speaker 3: have the windows all wound up and getting the music 580 00:25:28,160 --> 00:25:29,719 Speaker 3: subgrade in terms of quality. 581 00:25:30,119 --> 00:25:32,720 Speaker 1: Listen to the band that would the would do mad Like. 582 00:25:32,960 --> 00:25:34,879 Speaker 3: I love the idea of that, so go we can 583 00:25:34,920 --> 00:25:37,040 Speaker 3: bring it back one day if I love it. Well, 584 00:25:37,080 --> 00:25:38,560 Speaker 3: we have we still got to drive in theater and sit. 585 00:25:38,600 --> 00:25:40,399 Speaker 3: It's out about kill if I can just go a 586 00:25:40,440 --> 00:25:43,760 Speaker 3: bit to divestication. So you're talking about how do we 587 00:25:43,880 --> 00:25:46,960 Speaker 3: bulletproof ourselves for the future. Given we already know that 588 00:25:47,040 --> 00:25:50,760 Speaker 3: we're currently can't can't have groups together because of the 589 00:25:51,040 --> 00:25:54,560 Speaker 3: COVID et cetera. You're thinking yourself, well, what can I 590 00:25:54,640 --> 00:25:57,160 Speaker 3: do to bulletproof? What can we do to bulletprove ourselves 591 00:25:57,359 --> 00:26:01,639 Speaker 3: for the future against any outcome, anything that gets in 592 00:26:01,720 --> 00:26:06,920 Speaker 3: our way. So diversification means how do I get ready 593 00:26:06,920 --> 00:26:08,000 Speaker 3: for when this all gets lifted? 594 00:26:08,240 --> 00:26:11,160 Speaker 1: So what how do we how do we come out 595 00:26:11,160 --> 00:26:14,240 Speaker 1: of this strong? How do we and first to start, how. 596 00:26:13,800 --> 00:26:16,919 Speaker 2: Do we first market too? We knew that people were 597 00:26:16,960 --> 00:26:20,240 Speaker 2: itching for events to everyone just want to particularly in 598 00:26:20,280 --> 00:26:24,000 Speaker 2: Melbourne like it was you know obviously like most lockdown 599 00:26:24,040 --> 00:26:26,479 Speaker 2: city in the world. Everybody's itching again. So one how 600 00:26:26,520 --> 00:26:28,680 Speaker 2: can we be first to market with our core products 601 00:26:28,760 --> 00:26:31,080 Speaker 2: being beyond the valley, you know, grapevine. 602 00:26:31,760 --> 00:26:34,840 Speaker 1: I just stop there. So, okay, I understand the question. 603 00:26:35,400 --> 00:26:36,400 Speaker 1: Let's talk about execution. 604 00:26:36,880 --> 00:26:38,080 Speaker 2: So what did you do? 605 00:26:38,240 --> 00:26:41,600 Speaker 1: You did you say? Okay? And how did you conduct 606 00:26:41,600 --> 00:26:44,800 Speaker 1: these groups? Like you got your six or seven key staff, like, 607 00:26:45,040 --> 00:26:45,600 Speaker 1: how does it work? 608 00:26:46,000 --> 00:26:48,879 Speaker 2: Well? I think at that time we were saying we 609 00:26:48,960 --> 00:26:53,000 Speaker 2: were constantly booking lineups for dates where we expected this 610 00:26:53,240 --> 00:26:55,720 Speaker 2: pandemic to end, for the future, for the future. The 611 00:26:55,760 --> 00:26:57,760 Speaker 2: problem was was that was since the start of the pandemic. 612 00:26:57,920 --> 00:27:00,840 Speaker 2: So I think we booked five or six different lineups 613 00:27:01,400 --> 00:27:03,480 Speaker 2: over the course and guys, come on, let's pull the 614 00:27:03,520 --> 00:27:05,200 Speaker 2: trigger on this one. This one's done, you know, having 615 00:27:05,320 --> 00:27:08,040 Speaker 2: arguments of a fees and billing and a product where 616 00:27:08,119 --> 00:27:09,560 Speaker 2: you knew it wasn't going to go ahead, but there's 617 00:27:09,560 --> 00:27:14,080 Speaker 2: that slight window a chance. And ultimately it took about 618 00:27:14,119 --> 00:27:16,040 Speaker 2: five or six iterations when we got down the line 619 00:27:16,480 --> 00:27:19,920 Speaker 2: and we were preparing for that new years to come 620 00:27:20,520 --> 00:27:21,959 Speaker 2: and we were like, I think we might be right, 621 00:27:22,040 --> 00:27:23,840 Speaker 2: we think we might actually come out of this pandemic then, 622 00:27:23,880 --> 00:27:26,399 Speaker 2: and we had the products ready, we got the artwork, everything, 623 00:27:26,840 --> 00:27:28,720 Speaker 2: and it just so happened. I think it was right 624 00:27:28,840 --> 00:27:32,360 Speaker 2: in October when we hit the vaccination targets and mass 625 00:27:32,400 --> 00:27:35,280 Speaker 2: gatherings were allowed again. So again one of my business partners, 626 00:27:35,359 --> 00:27:38,600 Speaker 2: Christian was on nine News that evening saying, stay tuned 627 00:27:38,640 --> 00:27:40,840 Speaker 2: Beyond the Valley's got special announce at twelve pm tomorrow 628 00:27:41,040 --> 00:27:43,840 Speaker 2: and Melbourne is everyone's just ready to go. And twelve 629 00:27:43,880 --> 00:27:46,320 Speaker 2: pm we announced a fully fledged lineup for a fessel 630 00:27:46,320 --> 00:27:48,720 Speaker 2: you can buy tickets for that's in five or six weeks. 631 00:27:49,320 --> 00:27:52,480 Speaker 2: So actually, yeah, actually was that it would have been 632 00:27:52,520 --> 00:27:54,200 Speaker 2: in November. It was like five or six weeks away, 633 00:27:54,240 --> 00:27:57,600 Speaker 2: and that went really well. Then we rolled into our 634 00:27:57,680 --> 00:27:59,920 Speaker 2: Grapevine gathering, which we already had a lineup and everything 635 00:28:00,200 --> 00:28:02,560 Speaker 2: booked for for the love of our vessel. So we 636 00:28:02,640 --> 00:28:04,760 Speaker 2: had all these brands that were ready to go. And 637 00:28:04,880 --> 00:28:08,399 Speaker 2: in terms of that diversification every one of these brands service, 638 00:28:08,480 --> 00:28:11,000 Speaker 2: i'd feel was what is a different audience? So some 639 00:28:11,160 --> 00:28:13,719 Speaker 2: might be targeted a younger, more electronic audience, some might 640 00:28:13,760 --> 00:28:16,560 Speaker 2: be targeted at an older, more band like audience. And 641 00:28:17,000 --> 00:28:19,680 Speaker 2: so within the live music space, we had events that 642 00:28:19,760 --> 00:28:23,560 Speaker 2: appealed to different niches. And then I say, looking outside 643 00:28:23,600 --> 00:28:25,240 Speaker 2: of events for the first time was when we looked 644 00:28:25,240 --> 00:28:28,280 Speaker 2: at things like the daily Os, mister You. You know 645 00:28:28,440 --> 00:28:30,000 Speaker 2: our vodka brand, so. 646 00:28:30,080 --> 00:28:32,720 Speaker 3: You you looked at other things that could sustain you 647 00:28:33,440 --> 00:28:35,840 Speaker 3: irrespective of whether or not you're gonna have a festival, correct, 648 00:28:35,880 --> 00:28:37,840 Speaker 3: because the Daily as people subscribe to it, that's a 649 00:28:37,960 --> 00:28:38,800 Speaker 3: subscription business. 650 00:28:38,880 --> 00:28:39,200 Speaker 1: It's got it. 651 00:28:39,320 --> 00:28:41,320 Speaker 3: I think it's advertising business. They make the money. That's 652 00:28:41,440 --> 00:28:45,520 Speaker 3: I think that's their model. Yeah, yeah, so and and 653 00:28:45,600 --> 00:28:48,520 Speaker 3: then the vodkas obviously slam Booze and mister You. 654 00:28:48,840 --> 00:28:53,680 Speaker 2: But the QR code ordering technology, right, that's yeah. But 655 00:28:53,760 --> 00:28:55,840 Speaker 2: again I think I'm had him on the show. She Yeah, 656 00:28:56,080 --> 00:28:59,560 Speaker 2: Hadrid and Kim great absolutely great founders. And again going 657 00:28:59,640 --> 00:29:01,560 Speaker 2: back to it has does it? The number one thing 658 00:29:01,640 --> 00:29:03,080 Speaker 2: is that it does it align with our audience. 659 00:29:03,240 --> 00:29:03,440 Speaker 1: Yeah. 660 00:29:03,640 --> 00:29:06,480 Speaker 2: And when we first invested in mister Y, I remember 661 00:29:08,080 --> 00:29:11,080 Speaker 2: because there was very novel back then, and the problem 662 00:29:11,120 --> 00:29:14,320 Speaker 2: that they were solving was people were ordering predominantly from 663 00:29:14,360 --> 00:29:16,560 Speaker 2: social media. They were going on Instagram and going, oh 664 00:29:16,640 --> 00:29:18,400 Speaker 2: what is this one? But no one had picture menus. 665 00:29:18,840 --> 00:29:21,160 Speaker 2: So they were solving this great problem where this is 666 00:29:21,200 --> 00:29:24,080 Speaker 2: predominantly young female audiences were going to cafes and ordering 667 00:29:24,120 --> 00:29:27,000 Speaker 2: on Instagram they'd create a QR code menu and they 668 00:29:27,080 --> 00:29:29,240 Speaker 2: were able to order off the picture menu. In the restaurant, 669 00:29:29,560 --> 00:29:31,360 Speaker 2: they'll find the average order was going up by twenty 670 00:29:31,400 --> 00:29:33,760 Speaker 2: thirty percent, the labor costs are going down, and we 671 00:29:33,880 --> 00:29:37,320 Speaker 2: just thought, this is genius. How can we back this, 672 00:29:37,600 --> 00:29:39,400 Speaker 2: integrate it into all of our events, so that beyond 673 00:29:39,400 --> 00:29:42,320 Speaker 2: the city event that I mentioned at Cinnema Music Bowl, 674 00:29:42,400 --> 00:29:44,200 Speaker 2: there was a mister yarm area with the QR code 675 00:29:44,240 --> 00:29:47,120 Speaker 2: law and technology. People could order drinks to their special 676 00:29:47,200 --> 00:29:48,400 Speaker 2: VIP area, et cetera. 677 00:29:48,640 --> 00:29:52,880 Speaker 3: So you've invested vertically basically, so you end up. But 678 00:29:53,160 --> 00:29:56,280 Speaker 3: where did those ideas come from? Like was it you 679 00:29:56,400 --> 00:29:58,760 Speaker 3: make my bed or someone my bird I should say, 680 00:29:58,840 --> 00:30:01,600 Speaker 3: as a city there giving those ideas, because like these 681 00:30:01,640 --> 00:30:06,000 Speaker 3: are pretty mature ideas, and vertical investing is not normal 682 00:30:06,160 --> 00:30:09,479 Speaker 3: and not you know, in your game and for your 683 00:30:09,520 --> 00:30:12,280 Speaker 3: age group with a grocery respect, But you're doing it. 684 00:30:12,400 --> 00:30:14,520 Speaker 2: So I think that when I joke about that friendship 685 00:30:14,520 --> 00:30:16,920 Speaker 2: and mental thing, I love this because he's going to 686 00:30:17,000 --> 00:30:20,280 Speaker 2: listen to this. But Mike Bird well I told him 687 00:30:20,320 --> 00:30:22,320 Speaker 2: about it, have come across this great app this great thing, 688 00:30:22,400 --> 00:30:27,200 Speaker 2: mister you, et cetera. And he said ditch it, overvalued, 689 00:30:27,240 --> 00:30:30,080 Speaker 2: ditch it. You guys don't and me and my business 690 00:30:30,080 --> 00:30:32,080 Speaker 2: partners don't do anything by half measures. So we took 691 00:30:32,120 --> 00:30:34,360 Speaker 2: a pretty strong position well in that company at a 692 00:30:34,480 --> 00:30:37,680 Speaker 2: very early time. And he's gone on now to say 693 00:30:38,000 --> 00:30:40,280 Speaker 2: I'm really glad you didn't listen to me at that point. 694 00:30:40,480 --> 00:30:42,400 Speaker 2: And and that was when he said, I think you're 695 00:30:42,440 --> 00:30:44,600 Speaker 2: ready to you know, you know, the apprentice has become 696 00:30:44,680 --> 00:30:47,160 Speaker 2: the master and passed me on. So we joke around. 697 00:30:47,160 --> 00:30:48,160 Speaker 2: He's one of my best friends. 698 00:30:48,360 --> 00:30:53,040 Speaker 1: And the vodka business, so you have a what they 699 00:30:53,080 --> 00:30:55,040 Speaker 1: call him a but license to sell out the venues. Yeah. 700 00:30:55,080 --> 00:30:57,240 Speaker 2: Yeah, I think that the Vodica business is really interesting 701 00:30:57,280 --> 00:31:01,680 Speaker 2: because at its core, I mean the taglines party with 702 00:31:01,760 --> 00:31:05,560 Speaker 2: purpose for the vodka brand, it's Australis it's first sustainable 703 00:31:05,600 --> 00:31:08,480 Speaker 2: vodka made from ugly apples. So apples at farmers will 704 00:31:08,480 --> 00:31:10,080 Speaker 2: go to sell to coals, the Wollyes or super. 705 00:31:10,000 --> 00:31:10,480 Speaker 1: Much for real. 706 00:31:10,640 --> 00:31:13,120 Speaker 2: Yeah, So basically these apples get thrown away and thrown 707 00:31:13,120 --> 00:31:16,800 Speaker 2: into landfill right, terrible for the environment. Farmers get nothing 708 00:31:16,880 --> 00:31:20,440 Speaker 2: for it. So ugly help support ouzsie farmers and reduce emissions. 709 00:31:20,920 --> 00:31:22,880 Speaker 2: One you know, with every bottle that we do, and 710 00:31:23,800 --> 00:31:26,280 Speaker 2: I think we could have invested in any alcohol brand 711 00:31:26,400 --> 00:31:28,520 Speaker 2: just put cheap white label anything and put it at 712 00:31:28,520 --> 00:31:31,000 Speaker 2: our vessels and events. But what's the purpose behind it, 713 00:31:31,040 --> 00:31:32,480 Speaker 2: what's the drive and how a we're giving a better 714 00:31:32,520 --> 00:31:35,920 Speaker 2: product to our audience. So just from a simple switch 715 00:31:35,960 --> 00:31:38,200 Speaker 2: out of all the vodka, because vodka red Bulls still 716 00:31:38,200 --> 00:31:40,120 Speaker 2: the most popular drink at our events. From a simple 717 00:31:40,120 --> 00:31:44,040 Speaker 2: switch out to make ugly vodka the vodka at Beyond 718 00:31:44,040 --> 00:31:46,440 Speaker 2: the Valley which they go through aut of vodka, you know, 719 00:31:46,520 --> 00:31:47,960 Speaker 2: we save twenty tons of food waste. 720 00:31:48,280 --> 00:31:52,360 Speaker 1: Maybe you could just quickly tell our audience how you 721 00:31:52,440 --> 00:31:54,840 Speaker 1: knew that about your audience, so they just get a 722 00:31:54,880 --> 00:31:57,160 Speaker 1: bit of an info on your demo. What's the story 723 00:31:57,200 --> 00:31:59,640 Speaker 1: about your audience? So we're talking about male female age group. 724 00:32:00,160 --> 00:32:02,720 Speaker 2: Okay, So on title Group's got probably one of the 725 00:32:02,800 --> 00:32:06,120 Speaker 2: largest use databases nationally. So we've probably about over one 726 00:32:06,120 --> 00:32:08,440 Speaker 2: point five million on our database. Because you remember, you know, 727 00:32:08,840 --> 00:32:11,320 Speaker 2: over the last decade, our audience has gone from eighteen 728 00:32:11,360 --> 00:32:14,080 Speaker 2: to twenty one, twenty five year old demographic. Now we 729 00:32:14,240 --> 00:32:17,320 Speaker 2: do events, you know we're upcoming, we're promoting Wu Tang Clan, 730 00:32:17,440 --> 00:32:21,760 Speaker 2: Good Charlotte, all these nostalgic, iconic blands. Yeah, we've done 731 00:32:21,800 --> 00:32:24,800 Speaker 2: with Christina Aguilera and Nali Fatada. So our database is 732 00:32:24,880 --> 00:32:27,040 Speaker 2: quite broad from eighteen to fifty. 733 00:32:27,160 --> 00:32:28,200 Speaker 1: So you keep them, Yeah, we. 734 00:32:28,240 --> 00:32:32,160 Speaker 2: Keep them, keep them on them. But I think what's 735 00:32:32,240 --> 00:32:34,880 Speaker 2: really interesting is that And yeah, and we get a 736 00:32:34,960 --> 00:32:37,840 Speaker 2: lot of insights into this audience just through particularly a 737 00:32:37,840 --> 00:32:41,040 Speaker 2: lot of testing and surveying incentivized by you know, winning 738 00:32:41,080 --> 00:32:43,480 Speaker 2: tickets to events or whatnot. And it's really funny that 739 00:32:43,560 --> 00:32:45,960 Speaker 2: this gives us really rich first party data to understand 740 00:32:46,000 --> 00:32:49,400 Speaker 2: and know them. And I think that is really good 741 00:32:49,440 --> 00:32:51,240 Speaker 2: to be data led. But that probably comes back to 742 00:32:51,320 --> 00:32:53,760 Speaker 2: those core principles of when we started the club night. 743 00:32:54,160 --> 00:32:55,640 Speaker 2: We'd be in the club, you know, at the bar 744 00:32:55,800 --> 00:32:57,960 Speaker 2: on the dance floor asking people, hey, so what do 745 00:32:58,040 --> 00:32:59,400 Speaker 2: you think of the music here? Out of this, oh 746 00:32:59,520 --> 00:33:01,680 Speaker 2: you could change one thing like this artist, and we 747 00:33:01,800 --> 00:33:04,920 Speaker 2: get that really good feel for our audience. Nowadays, it's 748 00:33:04,960 --> 00:33:08,440 Speaker 2: a it's a bit of a dual concept where you've 749 00:33:08,440 --> 00:33:10,080 Speaker 2: got to be data led, but you also kind of 750 00:33:10,120 --> 00:33:14,360 Speaker 2: have that either firsthand. Sometimes it's a conversation going to 751 00:33:14,360 --> 00:33:14,840 Speaker 2: be on the street. 752 00:33:14,880 --> 00:33:18,080 Speaker 3: Yeah, yeah, because that when it comes to vodka, because 753 00:33:18,640 --> 00:33:21,640 Speaker 3: I'm always intrigued by things like this. So you didn't 754 00:33:21,720 --> 00:33:25,120 Speaker 3: choose beer, he didn't choose craft beer, didn't choose you know, 755 00:33:25,240 --> 00:33:28,360 Speaker 3: wine or whiskey or whatever. You choose vodka. And I 756 00:33:28,400 --> 00:33:30,360 Speaker 3: think you mentioned before because you know, the most popular 757 00:33:30,440 --> 00:33:33,160 Speaker 3: drink is red Bull and vodka or whatever that's called. 758 00:33:33,240 --> 00:33:35,120 Speaker 3: Whatever the drinks probably got some special name for it. 759 00:33:36,280 --> 00:33:38,840 Speaker 3: It's pretty crazy drink ugly vodka, red Bull and then 760 00:33:38,960 --> 00:33:41,080 Speaker 3: the new then you decide. But the vodka I'm going 761 00:33:41,160 --> 00:33:44,720 Speaker 3: to put in there is a vodka that it comes 762 00:33:44,720 --> 00:33:47,920 Speaker 3: from ugly apples or rejected apples. Because you knew your 763 00:33:47,960 --> 00:33:50,720 Speaker 3: audience would vibe that, they'd like that, they like the 764 00:33:50,800 --> 00:33:51,280 Speaker 3: idea of that. 765 00:33:51,440 --> 00:33:53,400 Speaker 2: Yeah, And when you look at the is it environmental 766 00:33:53,440 --> 00:33:57,520 Speaker 2: that yeah, Sustainability isability is you know about your audience. 767 00:33:57,720 --> 00:33:58,840 Speaker 1: How did you know your audience? 768 00:33:58,880 --> 00:34:02,240 Speaker 3: The demograph is your audience would really react to something 769 00:34:02,240 --> 00:34:03,200 Speaker 3: that's sustainable. 770 00:34:03,880 --> 00:34:06,880 Speaker 2: When we do post survey data, particularly from beyond the Valley, 771 00:34:06,880 --> 00:34:11,719 Speaker 2: and I mean vessels particularly have a large impact on 772 00:34:11,800 --> 00:34:13,560 Speaker 2: the environment. We try and do as much as we 773 00:34:13,600 --> 00:34:15,319 Speaker 2: can to mitigate that, but a lot of it does 774 00:34:15,440 --> 00:34:19,200 Speaker 2: come down to consumer behavior we encourage, which we really 775 00:34:19,239 --> 00:34:20,759 Speaker 2: do try and encourage people to kind of leave no 776 00:34:20,880 --> 00:34:23,040 Speaker 2: trace and respect the land they come in and do. 777 00:34:23,200 --> 00:34:25,239 Speaker 2: But a lot of you know, people that go to 778 00:34:25,320 --> 00:34:28,600 Speaker 2: camping vessels because it's build up to New Year's and 779 00:34:28,760 --> 00:34:31,000 Speaker 2: it's the whole thing they prepare for. I'll leave the tent, 780 00:34:31,040 --> 00:34:33,160 Speaker 2: I'll leave the broad mattress, I leave that and what 781 00:34:33,320 --> 00:34:34,800 Speaker 2: does they don't take it home? No, no, no, no, 782 00:34:34,960 --> 00:34:36,520 Speaker 2: A lot a lot. Like we encourage a lot of 783 00:34:36,520 --> 00:34:38,560 Speaker 2: people and to be honest and to be fair. While 784 00:34:38,560 --> 00:34:40,399 Speaker 2: there is a lot of waste that's left over, none 785 00:34:40,440 --> 00:34:42,760 Speaker 2: of that does actually go to waste. We do repurpose, 786 00:34:42,840 --> 00:34:45,360 Speaker 2: donate through everything that we can with everything to avoid 787 00:34:45,440 --> 00:34:48,319 Speaker 2: it going to waste. But what we did learn from 788 00:34:48,320 --> 00:34:51,440 Speaker 2: the post event surveys of how wasteful people could be 789 00:34:51,560 --> 00:34:54,160 Speaker 2: or left was that our audience really does care about sustainability. 790 00:34:54,600 --> 00:34:58,360 Speaker 2: So how can we you know, ugly, because one of 791 00:34:58,400 --> 00:35:00,440 Speaker 2: many initiatives that we do in terms of besting back 792 00:35:00,480 --> 00:35:04,120 Speaker 2: into sustainability and partner with organization organizations like tree Creds 793 00:35:04,160 --> 00:35:07,920 Speaker 2: and and just ways that we can be better on 794 00:35:08,000 --> 00:35:09,800 Speaker 2: that front because we know our audience cares about it. 795 00:35:10,120 --> 00:35:14,560 Speaker 3: So, yeah, but your audience when you started at twenty 796 00:35:14,760 --> 00:35:16,280 Speaker 3: or now in your thirties. A lot of your audience 797 00:35:16,360 --> 00:35:19,040 Speaker 3: would bils have been the thirties to be older, way 798 00:35:19,080 --> 00:35:21,520 Speaker 3: beyonder correct, So you know you know a lot about them. 799 00:35:21,680 --> 00:35:23,400 Speaker 3: How do you find out this stuff about Well, you 800 00:35:23,600 --> 00:35:25,279 Speaker 3: talk about d post festival, do you do? 801 00:35:25,960 --> 00:35:26,640 Speaker 1: Send it an emails? 802 00:35:27,280 --> 00:35:30,600 Speaker 2: We're constantly serving out, always communicating, always communicating, always on. 803 00:35:30,800 --> 00:35:32,640 Speaker 1: And how do you collect that data? So when they're 804 00:35:32,640 --> 00:35:34,360 Speaker 1: buying the tickets that you get the data from the 805 00:35:34,480 --> 00:35:36,400 Speaker 1: ticket Yeah, I mean, I. 806 00:35:36,400 --> 00:35:38,520 Speaker 2: Mean the ticketing agencies usually just have a lot of 807 00:35:38,800 --> 00:35:40,440 Speaker 2: just because a lot of times they don't want to 808 00:35:40,440 --> 00:35:40,680 Speaker 2: share it. 809 00:35:40,800 --> 00:35:40,960 Speaker 3: Yeah. 810 00:35:41,320 --> 00:35:43,279 Speaker 2: I think it's like there's infographics and there's kind of 811 00:35:43,440 --> 00:35:46,120 Speaker 2: psychographic data or whatever, so that all of the ticketing 812 00:35:46,160 --> 00:35:48,520 Speaker 2: partners they'll just have name, age, yeah, et cetera. 813 00:35:49,080 --> 00:35:51,480 Speaker 3: You know, no email address for example. They don't they 814 00:35:51,520 --> 00:35:53,320 Speaker 3: don't supply that sort of stuff. Yeah, well, well what 815 00:35:53,440 --> 00:35:55,080 Speaker 3: they do, but people have to opt in et cetera. 816 00:35:55,200 --> 00:35:57,040 Speaker 2: There's a friction there, there's a friction point, and so 817 00:35:57,480 --> 00:35:59,799 Speaker 2: what we've been able to do is communicate with them 818 00:36:00,320 --> 00:36:02,680 Speaker 2: and say, participate with this thing to help us make 819 00:36:02,719 --> 00:36:05,279 Speaker 2: this vessel better or learn this insight in fact, we're 820 00:36:05,280 --> 00:36:07,520 Speaker 2: actually been so good at kind of collecting data and 821 00:36:07,600 --> 00:36:10,600 Speaker 2: understanding how our audience works. We recently partnered with Creative 822 00:36:10,600 --> 00:36:14,279 Speaker 2: Australia to do a music insight survey of how young 823 00:36:14,360 --> 00:36:17,319 Speaker 2: people are consuming live music in the country and what's 824 00:36:17,360 --> 00:36:19,560 Speaker 2: their decision because you would have heard a lot about 825 00:36:20,480 --> 00:36:23,279 Speaker 2: you know, live events kind of decline, people drinking less, 826 00:36:23,320 --> 00:36:25,839 Speaker 2: et cetera. And some of the insights that we were 827 00:36:25,880 --> 00:36:32,799 Speaker 2: finding of that survey were fantastic. Young people are drinking less, 828 00:36:33,680 --> 00:36:36,680 Speaker 2: but they're drinking less at venues and events where beers 829 00:36:36,680 --> 00:36:39,279 Speaker 2: cost twelve dollars, beers cost fourteen dollars. If anything, they're 830 00:36:39,480 --> 00:36:40,880 Speaker 2: drinking at home, they're prero drinking more. 831 00:36:41,160 --> 00:36:42,799 Speaker 1: They drink, drink before they get there. 832 00:36:42,880 --> 00:36:46,080 Speaker 2: Yeah, everyone likes to call it a sober generation, and look, 833 00:36:46,120 --> 00:36:48,440 Speaker 2: I do think it's a lot more health conscious this generation, 834 00:36:48,800 --> 00:36:51,360 Speaker 2: but the reality is they're a lot more cost sensitive 835 00:36:51,400 --> 00:36:53,359 Speaker 2: because of the cost of living and everything that's gone 836 00:36:53,440 --> 00:36:56,400 Speaker 2: up so much. So it's people are a lot more 837 00:36:56,440 --> 00:36:59,040 Speaker 2: discerning as to where their dollar goes, and that goes 838 00:36:59,120 --> 00:37:01,719 Speaker 2: for everything from how many drinks they're buying at the event. 839 00:37:01,800 --> 00:37:04,239 Speaker 2: Bar sales have completely declined over the past you know, 840 00:37:04,880 --> 00:37:08,880 Speaker 2: five years particularly, but also bring their own gold depending 841 00:37:08,960 --> 00:37:11,400 Speaker 2: what type of event you go to. Yeah, you know, 842 00:37:11,520 --> 00:37:13,400 Speaker 2: so one of our vessels and one of probably one 843 00:37:13,400 --> 00:37:15,560 Speaker 2: of our favorite events as well was Pitch Vessel out 844 00:37:15,600 --> 00:37:19,280 Speaker 2: at the Grampians, three day camping vessel where people can bway, 845 00:37:19,960 --> 00:37:21,880 Speaker 2: you know, come and really have that kind of camping 846 00:37:21,880 --> 00:37:24,879 Speaker 2: out in nature experience and you know, people come down 847 00:37:24,920 --> 00:37:26,600 Speaker 2: to the dance falls with their drinks and their friends 848 00:37:26,640 --> 00:37:29,600 Speaker 2: and it's a really really special type of vibe that 849 00:37:29,640 --> 00:37:32,600 Speaker 2: we've created there at Pitch and again something totally different 850 00:37:32,640 --> 00:37:34,520 Speaker 2: that you'd get to beyond the valley. So going to 851 00:37:34,600 --> 00:37:38,440 Speaker 2: different audiences and tapping into different markets to diversify their business. 852 00:37:39,280 --> 00:37:42,880 Speaker 3: Why do you think your vessels are working when you 853 00:37:43,000 --> 00:37:45,920 Speaker 3: go to I'm a resident Barron Bay and you go 854 00:37:46,000 --> 00:37:48,520 Speaker 3: to Byron and you know, the two b vessels up 855 00:37:48,520 --> 00:37:50,400 Speaker 3: there have sort of pretty much died off think in 856 00:37:50,480 --> 00:37:51,200 Speaker 3: fact last year. 857 00:37:52,600 --> 00:37:54,879 Speaker 1: This year, as far as I understand. 858 00:37:54,600 --> 00:38:00,600 Speaker 3: They're going to cancel the Roots and Blues festival because insurance. 859 00:38:01,400 --> 00:38:03,920 Speaker 3: They couldn't afford insurance because it rains up there. Like 860 00:38:04,000 --> 00:38:05,359 Speaker 3: I don't know what, I don't know what to deal 861 00:38:05,440 --> 00:38:07,200 Speaker 3: with insurance. Maybe it's flood or so I don't know 862 00:38:07,200 --> 00:38:09,800 Speaker 3: what insurance is full, but they had to cancel it. 863 00:38:10,440 --> 00:38:14,560 Speaker 2: What do you think it is? Well, okay, well there's 864 00:38:14,560 --> 00:38:16,960 Speaker 2: a whole bunch of things because of weather. Yeah, I mean, 865 00:38:17,160 --> 00:38:19,319 Speaker 2: firstly running running. You'd have to be pretty much mad 866 00:38:19,440 --> 00:38:22,120 Speaker 2: to enter the festival market at a large scale right now. 867 00:38:22,239 --> 00:38:26,080 Speaker 2: The business model is not fantastic. You know, you look 868 00:38:26,120 --> 00:38:28,880 Speaker 2: at a fessel like beyond the Valley where you are 869 00:38:29,040 --> 00:38:31,680 Speaker 2: catering for forty thousand. We've got expenditure in the tens 870 00:38:31,719 --> 00:38:35,279 Speaker 2: of millions of dollars to make a very very tiny 871 00:38:35,360 --> 00:38:36,719 Speaker 2: margin for what you'd expect for. 872 00:38:36,760 --> 00:38:38,879 Speaker 3: That, which is why you need forty thousand. So that's 873 00:38:38,880 --> 00:38:40,120 Speaker 3: why you need forty thousand exactly. 874 00:38:40,160 --> 00:38:42,200 Speaker 2: And your break evens are literally sitting at your thirty 875 00:38:42,280 --> 00:38:45,800 Speaker 2: nine and you're very much up there. Combined that with 876 00:38:45,880 --> 00:38:48,120 Speaker 2: the variables of weather and one year it might be 877 00:38:48,200 --> 00:38:50,239 Speaker 2: a heat wave, the next year we're getting flooded out. 878 00:38:50,560 --> 00:38:52,920 Speaker 2: Combined that with variables of artists, cancelation of things, and 879 00:38:53,239 --> 00:38:55,680 Speaker 2: Australia has been hit really hard with all these different 880 00:38:55,719 --> 00:38:57,719 Speaker 2: things over the past couple of years that there's an 881 00:38:57,840 --> 00:39:00,279 Speaker 2: element of even audience distrust that they can kind of 882 00:39:01,120 --> 00:39:04,360 Speaker 2: you know, I'm not going went last year. It was 883 00:39:04,360 --> 00:39:06,359 Speaker 2: all hard and so all it takes is one bad year, 884 00:39:07,360 --> 00:39:08,520 Speaker 2: you know, And you look at the case of like 885 00:39:08,560 --> 00:39:11,080 Speaker 2: Splendor in the Grass. Spender was the biggest vessel in 886 00:39:11,120 --> 00:39:15,040 Speaker 2: the country. They had a really unfortunate year with those 887 00:39:15,320 --> 00:39:17,360 Speaker 2: four days of rain in a row, which is a 888 00:39:17,400 --> 00:39:20,600 Speaker 2: really poor experience, and in my opinion, they struggled to 889 00:39:20,680 --> 00:39:23,400 Speaker 2: kind of bounce back from the Remember the consumer trust. 890 00:39:23,440 --> 00:39:25,840 Speaker 3: I remember that the period because Red Bull was a 891 00:39:25,920 --> 00:39:29,320 Speaker 3: big sponsor up there. Yeah, and they pulled because of 892 00:39:29,400 --> 00:39:29,880 Speaker 3: the Muden. 893 00:39:30,080 --> 00:39:32,520 Speaker 2: It was just it was just yeah, and you'll get 894 00:39:32,560 --> 00:39:35,359 Speaker 2: those variables, and then on top of that, so you've 895 00:39:35,360 --> 00:39:36,840 Speaker 2: got those variables and then on top of that. I 896 00:39:36,880 --> 00:39:39,719 Speaker 2: always assimilated when people go the people complain a lot 897 00:39:39,719 --> 00:39:43,680 Speaker 2: about ticket prices. Nowadays, I really assimilated to a kind 898 00:39:43,680 --> 00:39:46,399 Speaker 2: of when we look at construction or building a house, 899 00:39:46,760 --> 00:39:49,040 Speaker 2: people aren't doing a lot of big new construction at 900 00:39:49,040 --> 00:39:52,040 Speaker 2: the moments they go. The cost of building everything's terrible 901 00:39:52,080 --> 00:39:53,799 Speaker 2: right now. Cost have gone up thirty to forty percent. 902 00:39:54,160 --> 00:39:55,960 Speaker 2: Cost has gone up thirty forty percent for us as 903 00:39:56,000 --> 00:40:00,200 Speaker 2: well in the last five years. But we can't just 904 00:40:00,280 --> 00:40:02,919 Speaker 2: pass that thirty forty percent onto the ticket price because 905 00:40:03,200 --> 00:40:05,040 Speaker 2: there's a limit of what our consumer can handle. So 906 00:40:05,640 --> 00:40:09,000 Speaker 2: we're trying to manage increased cost things, increase risk, increase 907 00:40:09,040 --> 00:40:13,160 Speaker 2: insurance shrinking margin, wat insurance shrinking margin. Well, our consumers 908 00:40:13,200 --> 00:40:16,279 Speaker 2: also have less disposable income, less money to spend, so 909 00:40:16,440 --> 00:40:18,600 Speaker 2: you really have to balance this fine point of going, Okay, 910 00:40:19,360 --> 00:40:21,440 Speaker 2: what product can we create to make the best product 911 00:40:21,440 --> 00:40:23,600 Speaker 2: with puzzles so everyone wants to come, and then what 912 00:40:23,840 --> 00:40:25,759 Speaker 2: is the ceiling of what the market can really spend 913 00:40:25,840 --> 00:40:28,759 Speaker 2: on that? Because you could create the best product on 914 00:40:28,880 --> 00:40:30,960 Speaker 2: the planet. But if it's a thousand bucks per ticket, 915 00:40:31,000 --> 00:40:33,200 Speaker 2: people go, oh, I need that for my europe money. 916 00:40:33,239 --> 00:40:35,320 Speaker 2: I need that for you know, because it got so 917 00:40:35,360 --> 00:40:38,640 Speaker 2: many other choices choices. Yeah, and it used to be 918 00:40:39,680 --> 00:40:41,640 Speaker 2: you know, talk about like Apple's fabuls. You used to 919 00:40:41,680 --> 00:40:45,600 Speaker 2: be able to that festl I mentioned before Grapevine Gathering. 920 00:40:46,200 --> 00:40:48,160 Speaker 2: It used to be a seventy to ninety dollars ticket 921 00:40:48,440 --> 00:40:50,800 Speaker 2: to see a day out of the wineries with some bands. 922 00:40:51,880 --> 00:40:53,960 Speaker 2: Fast forward to and that was back in twenty nineteen. 923 00:40:54,040 --> 00:40:55,839 Speaker 2: Fast forward out of COVID. We're talking less than fourty 924 00:40:55,920 --> 00:40:58,279 Speaker 2: five years later. The tickets for that would now had 925 00:40:58,280 --> 00:40:59,879 Speaker 2: to be at one hundred and fifty hundred and sixty 926 00:41:00,239 --> 00:41:03,480 Speaker 2: for the same experience, so almost doubled just to make 927 00:41:03,520 --> 00:41:06,600 Speaker 2: it viable for this single stage event. And we actually, 928 00:41:06,760 --> 00:41:09,839 Speaker 2: you know, we we put a pause on that brand. 929 00:41:09,880 --> 00:41:13,040 Speaker 2: We've taken a year off last year. Just well, the 930 00:41:13,120 --> 00:41:15,279 Speaker 2: market kind of does recalibrate and we can see, all right, 931 00:41:15,880 --> 00:41:18,520 Speaker 2: where is people's propensity to spend at the moment. Because 932 00:41:18,800 --> 00:41:20,319 Speaker 2: it used to be I'll go to Grapevine, I've got 933 00:41:20,360 --> 00:41:22,160 Speaker 2: to be on the valley, I'll chop pop up to 934 00:41:22,239 --> 00:41:24,120 Speaker 2: Bali and you know, maybe we'll save up again and 935 00:41:24,160 --> 00:41:27,759 Speaker 2: do Europe next year. Now people aren't distinguishing where this 936 00:41:27,840 --> 00:41:31,600 Speaker 2: dollar goes between the fashion item that they're going to 937 00:41:31,640 --> 00:41:34,120 Speaker 2: spend on the holiday of Europe or the music festivals. 938 00:41:34,160 --> 00:41:35,800 Speaker 2: It's kind of like it's one or the other, and 939 00:41:35,840 --> 00:41:36,960 Speaker 2: they're all competing. 940 00:41:36,600 --> 00:41:39,600 Speaker 1: For you mean, they're just making one one bet yep, 941 00:41:39,800 --> 00:41:40,200 Speaker 1: one bet. 942 00:41:40,360 --> 00:41:42,239 Speaker 2: Well, I'll pick one thing for music. That's my one 943 00:41:42,280 --> 00:41:44,120 Speaker 2: festival for the year. I'll do my one trip for 944 00:41:44,160 --> 00:41:46,520 Speaker 2: the thing, and I'll get my one item. And sometimes 945 00:41:46,560 --> 00:41:48,840 Speaker 2: if if it all kind of compounds, they go, you 946 00:41:48,880 --> 00:41:50,680 Speaker 2: know what, I won't go to any vessel, I'm gonna 947 00:41:50,680 --> 00:41:52,320 Speaker 2: put it all into my Europe trip or you know, 948 00:41:52,840 --> 00:41:54,480 Speaker 2: I think I think that's that's been a. 949 00:41:54,520 --> 00:41:56,960 Speaker 1: Big like is it good that younger people? 950 00:41:57,320 --> 00:41:59,640 Speaker 3: It's not good, but it is good. I'm thinking about 951 00:42:00,000 --> 00:42:01,200 Speaker 3: I'm not to spend anywhere. I'm going to say, for 952 00:42:01,200 --> 00:42:03,839 Speaker 3: a deposit to buy our house, my first house. We've 953 00:42:03,840 --> 00:42:06,040 Speaker 3: all realized that that's that's too hard. 954 00:42:06,160 --> 00:42:06,200 Speaker 2: No. 955 00:42:06,640 --> 00:42:08,480 Speaker 1: Yeah, so your cohort of. 956 00:42:09,000 --> 00:42:12,000 Speaker 3: You know, your audience, your community is thinking, well, I'm 957 00:42:12,040 --> 00:42:13,040 Speaker 3: not going to afford a house. 958 00:42:13,080 --> 00:42:14,520 Speaker 1: But I'm me and my mates. 959 00:42:14,600 --> 00:42:16,520 Speaker 3: We're all going to rend this joint down the corner 960 00:42:16,560 --> 00:42:17,759 Speaker 3: and we're going to do our best and we're going 961 00:42:17,840 --> 00:42:20,680 Speaker 3: to build our business or build our career, et cetera. 962 00:42:21,080 --> 00:42:23,399 Speaker 3: But we do need to spoil ourselves. I'm not spoil 963 00:42:23,480 --> 00:42:25,800 Speaker 3: us us. We need to invest in ourselves. And I 964 00:42:25,920 --> 00:42:28,160 Speaker 3: love music, so I'm going to go to a music festival. 965 00:42:28,320 --> 00:42:30,759 Speaker 3: Is that what you're finding? Like you finding that's the 966 00:42:30,880 --> 00:42:32,600 Speaker 3: mentality the mindset. 967 00:42:33,840 --> 00:42:38,080 Speaker 2: Or no, yes, But it's the investment. It's not saying 968 00:42:38,360 --> 00:42:40,440 Speaker 2: I'm going to invest in myself. I'm going to invest 969 00:42:40,480 --> 00:42:42,600 Speaker 2: in where I want to spend my money, and that 970 00:42:42,760 --> 00:42:45,960 Speaker 2: could be across leisure, travel, music. But they're spending their 971 00:42:45,960 --> 00:42:46,960 Speaker 2: money essentially. 972 00:42:46,719 --> 00:42:47,720 Speaker 1: But they're not buying a property. 973 00:42:47,800 --> 00:42:49,759 Speaker 2: But they're not Yeah, they're not buying a property. And 974 00:42:49,960 --> 00:42:52,200 Speaker 2: I think there might be a conscious shift maybe towards 975 00:42:52,200 --> 00:42:54,560 Speaker 2: the late twenties, early thirties where they you know, people 976 00:42:54,600 --> 00:42:56,160 Speaker 2: are going, Okay, it's time for me to kind of 977 00:42:56,200 --> 00:42:59,560 Speaker 2: really shift into gear now. And I guess, yeah, we 978 00:42:59,560 --> 00:43:01,279 Speaker 2: can see that with our audience. Is it gets that 979 00:43:01,360 --> 00:43:04,480 Speaker 2: tail end of the database. They're probably less active for us. 980 00:43:05,480 --> 00:43:06,920 Speaker 2: You know, who knows in five years it might be 981 00:43:07,000 --> 00:43:08,080 Speaker 2: untitled homelans. You know. 982 00:43:08,200 --> 00:43:08,920 Speaker 1: Yeah, well it's good. 983 00:43:08,960 --> 00:43:10,480 Speaker 3: It's funny, she said, because I was listening to someone 984 00:43:10,520 --> 00:43:13,800 Speaker 3: talk the other day who's an hour and political analyst, 985 00:43:13,880 --> 00:43:17,000 Speaker 3: and he was going back forty years and he said 986 00:43:17,040 --> 00:43:21,399 Speaker 3: that typically people come out of university, let's say thirty 987 00:43:21,440 --> 00:43:24,279 Speaker 3: forty years ago. They have a degree, but they're very 988 00:43:24,520 --> 00:43:26,719 Speaker 3: They're more likely to vote labor when they first come 989 00:43:26,760 --> 00:43:29,000 Speaker 3: out of university. But then over a period, if they 990 00:43:29,080 --> 00:43:31,200 Speaker 3: get a partner, they start having a kid, and they 991 00:43:31,239 --> 00:43:32,080 Speaker 3: start to move. 992 00:43:32,080 --> 00:43:35,200 Speaker 1: More to the right, more to conservative. Interesting not to write, 993 00:43:35,239 --> 00:43:36,080 Speaker 1: but say conservative. 994 00:43:36,360 --> 00:43:38,600 Speaker 3: So they started to thinking themselves, hang on, labor is 995 00:43:38,600 --> 00:43:40,279 Speaker 3: not quite there for me because right now where I 996 00:43:40,320 --> 00:43:41,520 Speaker 3: wanted to do was I want to buy myself a 997 00:43:41,560 --> 00:43:43,000 Speaker 3: house and I need a good income, I need to 998 00:43:43,040 --> 00:43:45,440 Speaker 3: have a mist in a operator of city economy. 999 00:43:45,880 --> 00:43:48,040 Speaker 1: And I'm starting to change my view. 1000 00:43:48,280 --> 00:43:50,319 Speaker 3: And if I look at the Daily Os, Daily OS 1001 00:43:50,440 --> 00:43:54,160 Speaker 3: is talking to it's actually starting to change a little 1002 00:43:54,160 --> 00:43:54,680 Speaker 3: bit itself. 1003 00:43:54,800 --> 00:43:55,439 Speaker 1: The Daily Os. 1004 00:43:55,640 --> 00:43:58,560 Speaker 2: I think the Daily Os one of your investments that is, yeah, well, 1005 00:43:58,640 --> 00:44:00,120 Speaker 2: I think one of the reasons why we also like 1006 00:44:00,239 --> 00:44:03,000 Speaker 2: the dahiels as well. For me, in my opinion, is 1007 00:44:03,040 --> 00:44:05,320 Speaker 2: probably one of the most non partis and places that 1008 00:44:05,400 --> 00:44:06,919 Speaker 2: you can go and get informed about. 1009 00:44:06,920 --> 00:44:07,920 Speaker 1: It's a good barometer too. 1010 00:44:08,160 --> 00:44:10,480 Speaker 2: It is a good barometer to go and get information 1011 00:44:10,719 --> 00:44:13,880 Speaker 2: on politics and what we're finding now again through researching 1012 00:44:13,880 --> 00:44:16,840 Speaker 2: out audience and whatnot a lot of younger audiences that 1013 00:44:16,920 --> 00:44:20,000 Speaker 2: have had no experience in coming across politics and have 1014 00:44:20,120 --> 00:44:22,640 Speaker 2: been told now you've got to vote. The dais educating 1015 00:44:22,680 --> 00:44:24,279 Speaker 2: them a lot about what does this mean, what's a 1016 00:44:24,320 --> 00:44:27,080 Speaker 2: spill vert, what's this? You know, all these various concepts 1017 00:44:27,120 --> 00:44:29,160 Speaker 2: which I think they're doing a really great job in 1018 00:44:29,680 --> 00:44:31,680 Speaker 2: covering the election. And I think, you know, I think 1019 00:44:31,719 --> 00:44:34,640 Speaker 2: what the last two prime ministers that were elected both 1020 00:44:35,000 --> 00:44:38,520 Speaker 2: chose to do interviews with the Dahlias. Those are the 1021 00:44:38,600 --> 00:44:40,960 Speaker 2: other two candidates that rejected were unsuccessful. 1022 00:44:41,040 --> 00:44:45,560 Speaker 3: So yeah, but I because I think it's a very 1023 00:44:45,600 --> 00:44:48,840 Speaker 3: clever investment from your group to invest in something like 1024 00:44:48,920 --> 00:44:50,960 Speaker 3: the Daily Os, because there's actually sort of to something said, 1025 00:44:51,000 --> 00:44:53,239 Speaker 3: does a bit of research for you and their audiences. 1026 00:44:53,280 --> 00:44:54,680 Speaker 3: They're picking up with the younger people as well, but 1027 00:44:54,800 --> 00:44:56,879 Speaker 3: their audience, who they've already picked up many years ago, 1028 00:44:57,400 --> 00:45:00,759 Speaker 3: is growing into an older audience too. Actually got this 1029 00:45:00,960 --> 00:45:10,360 Speaker 3: difficult task of producing articles and news to satisfy the 1030 00:45:10,480 --> 00:45:15,799 Speaker 3: newer crowd nine twenty year olds and also the role 1031 00:45:15,800 --> 00:45:17,840 Speaker 3: of a crowded sort of close to your age, and 1032 00:45:18,400 --> 00:45:20,120 Speaker 3: and and they've got this game. It's a little bit 1033 00:45:20,320 --> 00:45:21,319 Speaker 3: like what you're doing to to something. 1034 00:45:21,680 --> 00:45:24,000 Speaker 2: It's actually funny. Yeah, And it's one of the things 1035 00:45:24,040 --> 00:45:27,200 Speaker 2: that you know now they've just launched the sports newsletter 1036 00:45:27,280 --> 00:45:30,520 Speaker 2: and now music and culture newsletter to appeal to I 1037 00:45:30,560 --> 00:45:32,880 Speaker 2: guess these people, and I guess only through that discourse 1038 00:45:32,920 --> 00:45:34,200 Speaker 2: with their audience, they say what do you want to 1039 00:45:34,200 --> 00:45:36,600 Speaker 2: hear more of? And the two biggest things that kind 1040 00:45:36,600 --> 00:45:38,160 Speaker 2: of came about from that where people wanted to hear 1041 00:45:38,760 --> 00:45:41,680 Speaker 2: one more good news because there's so much you know, 1042 00:45:42,360 --> 00:45:44,080 Speaker 2: crap out there, and yeah, I wanted to hear more 1043 00:45:44,080 --> 00:45:46,680 Speaker 2: about sports and music and culture. So creating these other 1044 00:45:46,760 --> 00:45:49,400 Speaker 2: tale you know, these other avenues on the Dahiels has 1045 00:45:49,440 --> 00:45:53,400 Speaker 2: been really great. And again when we say we do this, 1046 00:45:54,280 --> 00:45:56,600 Speaker 2: it's Sam Zara and the amazing team there. I think 1047 00:45:56,640 --> 00:45:59,280 Speaker 2: that's the other thing is that when we work with companies, 1048 00:45:59,320 --> 00:46:01,360 Speaker 2: we work with company is that really embody the values 1049 00:46:01,440 --> 00:46:03,920 Speaker 2: we have. It was untitled and really aligned with with us. 1050 00:46:04,000 --> 00:46:06,759 Speaker 2: And when we first met them, we just kind of 1051 00:46:06,760 --> 00:46:08,359 Speaker 2: saw what they were doing and they were just really 1052 00:46:08,719 --> 00:46:11,879 Speaker 2: again you know, bootstrapped, hard, young passionate journalists that wanted 1053 00:46:11,880 --> 00:46:14,200 Speaker 2: to do something different, to change it up. And it's 1054 00:46:14,239 --> 00:46:17,000 Speaker 2: really hard in their industry as well, which is dominated 1055 00:46:17,080 --> 00:46:19,799 Speaker 2: by these goliaths. And I think they've done a really 1056 00:46:19,800 --> 00:46:20,799 Speaker 2: really good job at that well. 1057 00:46:20,920 --> 00:46:24,880 Speaker 3: Also, and when Zara was on, she also talked about 1058 00:46:24,920 --> 00:46:30,880 Speaker 3: the political problems, you know, wars to Gaza and Israel 1059 00:46:30,920 --> 00:46:33,040 Speaker 3: and all that sort of stuff, and the personal conflicts 1060 00:46:33,040 --> 00:46:34,879 Speaker 3: that she had in relation to these sort of sorts 1061 00:46:34,880 --> 00:46:36,880 Speaker 3: of things where you might have a personal view, but 1062 00:46:36,920 --> 00:46:38,600 Speaker 3: you can't push your personal view down someone, so you 1063 00:46:38,640 --> 00:46:40,480 Speaker 3: have to try and be in the middle somehow, and 1064 00:46:40,840 --> 00:46:41,680 Speaker 3: that's a difficult one. 1065 00:46:41,960 --> 00:46:43,840 Speaker 1: Does that apply in the same in the music industry? 1066 00:46:43,920 --> 00:46:46,359 Speaker 3: So do you if you love somebody as a band, 1067 00:46:47,040 --> 00:46:50,360 Speaker 3: do you get the you know, the joy of saying, well, 1068 00:46:50,400 --> 00:46:51,719 Speaker 3: I don't give a stuff with anything. 1069 00:46:51,480 --> 00:46:53,080 Speaker 1: So I'm going to get this this mob up there 1070 00:46:53,160 --> 00:46:53,840 Speaker 1: on the stage. 1071 00:46:54,040 --> 00:46:57,480 Speaker 2: It's actually really funny. That's the one thing I think 1072 00:46:57,640 --> 00:47:02,080 Speaker 2: music and particularly fescal should be is a borderless celebration 1073 00:47:02,160 --> 00:47:05,319 Speaker 2: where everyone can come and enjoy whatever type of style 1074 00:47:05,400 --> 00:47:07,440 Speaker 2: or genre thing that they love. Like there's a lot 1075 00:47:07,440 --> 00:47:11,520 Speaker 2: of talk about multi genre vestals being dead, like you know, 1076 00:47:11,600 --> 00:47:14,880 Speaker 2: the likes of it, and I think that's crap because 1077 00:47:15,040 --> 00:47:16,600 Speaker 2: you look at our lineup for Be on the Valley 1078 00:47:16,640 --> 00:47:19,560 Speaker 2: this year. We've got Kid Cutting, one of the greatest rappers, 1079 00:47:19,640 --> 00:47:22,359 Speaker 2: a nostalgic rapper, Addison Ray, one of the hottest big 1080 00:47:22,400 --> 00:47:26,439 Speaker 2: pop stars, Dom Dollar huge, huge, ashianing DJ making ways 1081 00:47:26,440 --> 00:47:30,520 Speaker 2: around the world. You've got electronic pop, rock, turnstyle, totally 1082 00:47:30,520 --> 00:47:33,120 Speaker 2: different genres, totally different genres, and I think the best 1083 00:47:33,160 --> 00:47:37,000 Speaker 2: thing is at one place and the best part is 1084 00:47:37,040 --> 00:47:39,000 Speaker 2: that you can to kind of choose your own adventure. 1085 00:47:39,000 --> 00:47:40,800 Speaker 2: You can have someone at one stage that's listening to 1086 00:47:41,080 --> 00:47:42,600 Speaker 2: a band that they've discovered from the first time and 1087 00:47:42,640 --> 00:47:45,520 Speaker 2: I was the locals band. But while someone's listening to 1088 00:47:45,600 --> 00:47:47,600 Speaker 2: some techno and another thing, while someone's at doctor Dan 1089 00:47:47,719 --> 00:47:51,120 Speaker 2: stage watching local DJ you know, play tributes at for 1090 00:47:51,200 --> 00:47:54,359 Speaker 2: Dan or something. And I think that's the biggest thing. 1091 00:47:54,440 --> 00:47:57,480 Speaker 2: But we do get scrutinized, and as we've kind of 1092 00:47:57,520 --> 00:48:00,239 Speaker 2: gotten bigger and bigger when we are now see our 1093 00:48:00,239 --> 00:48:03,160 Speaker 2: festival one up this year, there was a lot a 1094 00:48:03,200 --> 00:48:07,840 Speaker 2: lot of negative comments. Really yeah, because you don't realize 1095 00:48:07,880 --> 00:48:10,640 Speaker 2: that when there's so many eyeballs on you and you're 1096 00:48:10,640 --> 00:48:12,839 Speaker 2: putting something out there. If forty thousand people are coming 1097 00:48:12,880 --> 00:48:16,000 Speaker 2: to the festival and seventy eighty thousand people signed up, 1098 00:48:16,400 --> 00:48:19,279 Speaker 2: that means there's over a quarter of a million, you know, 1099 00:48:19,320 --> 00:48:21,239 Speaker 2: three hundred thousand people that are all seeing this thing, 1100 00:48:22,000 --> 00:48:24,239 Speaker 2: and you're not gonna be everyone's cup of tea. And 1101 00:48:24,520 --> 00:48:27,840 Speaker 2: I think the more that we kind of learned that 1102 00:48:28,280 --> 00:48:31,840 Speaker 2: we again we were so about this discourse of experience 1103 00:48:31,960 --> 00:48:36,839 Speaker 2: and taking feedback and everything, but not letting things throw 1104 00:48:36,880 --> 00:48:39,600 Speaker 2: you off course. If you know you can, you can 1105 00:48:39,680 --> 00:48:41,480 Speaker 2: make a rash decision or think you've screwed something up 1106 00:48:41,719 --> 00:48:43,880 Speaker 2: just because of online commentary. And I think the more 1107 00:48:43,920 --> 00:48:45,880 Speaker 2: that you just kind of straight true to your course 1108 00:48:45,960 --> 00:48:48,480 Speaker 2: while taking feedback on I think is kind of that 1109 00:48:48,600 --> 00:48:49,799 Speaker 2: nice little middle ground to pay. 1110 00:48:50,040 --> 00:48:53,480 Speaker 3: Do you give a You're obviously too young to any 1111 00:48:53,480 --> 00:48:57,120 Speaker 3: of these things, But do you ever think of Woodstock 1112 00:48:57,200 --> 00:48:59,120 Speaker 3: and go right back to the days of Aquarius and 1113 00:48:59,120 --> 00:49:01,240 Speaker 3: all those sorts of things I did with sixty seventies? 1114 00:49:01,480 --> 00:49:04,000 Speaker 3: Do you think about those sort of romantic to me? 1115 00:49:04,480 --> 00:49:08,120 Speaker 3: And I remember those days mad romantic periods. I don't 1116 00:49:08,160 --> 00:49:10,719 Speaker 3: mean like love romance, but like a romantic period for 1117 00:49:10,880 --> 00:49:13,359 Speaker 3: music and festivals, and it was all new then. 1118 00:49:13,680 --> 00:49:17,239 Speaker 2: Yeah. I mean, I've watched the Woodstock documentary. Oh. A 1119 00:49:17,280 --> 00:49:18,600 Speaker 2: lot of people always come on to me and they go, 1120 00:49:18,719 --> 00:49:22,560 Speaker 2: did you watch the was it the Uh? There's the 1121 00:49:22,560 --> 00:49:26,560 Speaker 2: Woodstock one and then there's the Firefes documentary, And I said, yes, 1122 00:49:26,600 --> 00:49:29,120 Speaker 2: I did, and it gave me PTSD of that first 1123 00:49:29,239 --> 00:49:32,240 Speaker 2: year of Beyond the Valley because that was us running 1124 00:49:32,280 --> 00:49:35,320 Speaker 2: around as nineteen year olds, never running a camp because 1125 00:49:35,320 --> 00:49:37,080 Speaker 2: we didn't have radios. So when there was a gap 1126 00:49:37,160 --> 00:49:39,040 Speaker 2: in the fence and people were going through that, I'd 1127 00:49:39,120 --> 00:49:41,120 Speaker 2: have to sprint the security and go hey, but quick 1128 00:49:41,160 --> 00:49:44,960 Speaker 2: get this here, sprint back and it was absolute chaos. 1129 00:49:45,040 --> 00:49:47,120 Speaker 2: We ran on the side of a cliff on Philip 1130 00:49:47,160 --> 00:49:49,920 Speaker 2: Ilan back when the old pyramid rockside where tents were 1131 00:49:49,960 --> 00:49:54,399 Speaker 2: flying over. The stage was shaking and the councils there 1132 00:49:54,680 --> 00:49:57,719 Speaker 2: taking measurements. Rufus sol set had to be delayed and 1133 00:49:57,800 --> 00:50:00,479 Speaker 2: almost in play. But people don't see the else behind 1134 00:50:00,480 --> 00:50:03,919 Speaker 2: the scenes. But there's this magic to when it does happen, 1135 00:50:04,000 --> 00:50:07,040 Speaker 2: it does get there and again people are like, oh yeah, 1136 00:50:07,120 --> 00:50:08,840 Speaker 2: our tent bull off. The equivalent was crap in that, 1137 00:50:08,960 --> 00:50:11,320 Speaker 2: but geez, it wasn't at a great time. And that 1138 00:50:11,440 --> 00:50:13,719 Speaker 2: same romance that you get from your woodstocks and things 1139 00:50:13,719 --> 00:50:17,279 Speaker 2: like that. It's just constant reincarnations for new generations. Now 1140 00:50:17,360 --> 00:50:19,120 Speaker 2: there's young kids that come up to me at our 1141 00:50:19,160 --> 00:50:21,920 Speaker 2: events and go, oh, Mike, Mike, I just want to 1142 00:50:21,920 --> 00:50:25,640 Speaker 2: say I met my partner here. You know a lot 1143 00:50:25,680 --> 00:50:27,680 Speaker 2: of people, you know, and we've been to all seven 1144 00:50:27,760 --> 00:50:29,479 Speaker 2: Beyond the Valleys and they both show me their wrists 1145 00:50:29,520 --> 00:50:32,919 Speaker 2: and they'll have seven wristbands on and I go, that's 1146 00:50:33,040 --> 00:50:36,280 Speaker 2: so beautiful. Please take a shower cut them off, because 1147 00:50:36,280 --> 00:50:38,600 Speaker 2: that's and then let's go have a drink. 1148 00:50:38,800 --> 00:50:42,200 Speaker 3: If you go right back in history, music festivals have 1149 00:50:42,400 --> 00:50:44,960 Speaker 3: always been held. Do you think to be yourself that 1150 00:50:45,040 --> 00:50:47,920 Speaker 3: this will the music festivals will stop because of the 1151 00:50:48,000 --> 00:50:50,600 Speaker 3: regulatory environments we have today, particularly you know here in 1152 00:50:50,600 --> 00:50:53,240 Speaker 3: Australia and probably more so in the state of Victoria, 1153 00:50:53,280 --> 00:50:56,440 Speaker 3: which is pretty you know, non nanny state, but like 1154 00:50:56,520 --> 00:50:57,600 Speaker 3: there's the rules for everything. 1155 00:50:58,360 --> 00:51:00,600 Speaker 1: Do you think that actually regulated? 1156 00:51:01,000 --> 00:51:02,960 Speaker 2: I think New South Wales has been a wou surprise 1157 00:51:03,000 --> 00:51:04,640 Speaker 2: you you New South Wales has been the nanny state, 1158 00:51:04,880 --> 00:51:07,080 Speaker 2: and particularly like what happened with the lockdown laws here, 1159 00:51:07,680 --> 00:51:09,560 Speaker 2: there's a lot of work that needs to be done 1160 00:51:09,640 --> 00:51:12,640 Speaker 2: to overturn particularly the over policing and the hard presence, 1161 00:51:12,760 --> 00:51:14,120 Speaker 2: you know, like drugs. 1162 00:51:14,239 --> 00:51:16,160 Speaker 1: Do you think do you think all that stuff is 1163 00:51:16,200 --> 00:51:18,920 Speaker 1: going to kill off your game and or how do 1164 00:51:18,960 --> 00:51:19,640 Speaker 1: you keep ahead of that? 1165 00:51:20,160 --> 00:51:24,040 Speaker 2: Yeah? No, no, I don't think so. But I think 1166 00:51:24,120 --> 00:51:26,040 Speaker 2: it's we have to look at how it's damaging and 1167 00:51:26,120 --> 00:51:29,520 Speaker 2: how it's harming and have a great discourse with the 1168 00:51:29,560 --> 00:51:32,760 Speaker 2: government about going. Music vessels are going to always exist. 1169 00:51:32,960 --> 00:51:34,960 Speaker 2: It's a part of culture. As you said, if it 1170 00:51:35,239 --> 00:51:36,840 Speaker 2: we need it, we need it, you know. And that 1171 00:51:36,960 --> 00:51:39,800 Speaker 2: study that research that we did with Creative Australia. It 1172 00:51:39,960 --> 00:51:43,240 Speaker 2: was very important that we demonstrated that the sense of belonging, 1173 00:51:43,320 --> 00:51:46,480 Speaker 2: the connection music Fessel, people going to music Fessel is 1174 00:51:46,560 --> 00:51:50,600 Speaker 2: so good for people's mental health and their life that 1175 00:51:50,840 --> 00:51:53,920 Speaker 2: that's what the real investment is. And I think, so 1176 00:51:54,040 --> 00:51:56,359 Speaker 2: we're not we're not going anywhere, but it's about how 1177 00:51:56,400 --> 00:51:59,440 Speaker 2: can we best work in with to create a safe environment, 1178 00:51:59,600 --> 00:52:02,040 Speaker 2: you know, where people everyone that comes to our vessels, 1179 00:52:02,040 --> 00:52:05,920 Speaker 2: you know, goes home safe. And yeah, look, drugs are everywhere. 1180 00:52:07,120 --> 00:52:11,239 Speaker 3: They're just they're just around, especially in Sydney. Yeah, one 1181 00:52:11,239 --> 00:52:14,719 Speaker 3: of the greatest cocaine using cities in the world, do 1182 00:52:14,719 --> 00:52:14,840 Speaker 3: you know. 1183 00:52:14,880 --> 00:52:16,440 Speaker 2: I think this company of the Daily Alas did a 1184 00:52:16,480 --> 00:52:17,560 Speaker 2: great report on that. I think. 1185 00:52:20,239 --> 00:52:23,680 Speaker 3: And my mates and the cops tell me that per 1186 00:52:23,760 --> 00:52:27,399 Speaker 3: capita we pay more in any place in the world 1187 00:52:27,480 --> 00:52:30,759 Speaker 3: for a grammar cocaine and we use more cocaine per 1188 00:52:30,840 --> 00:52:31,960 Speaker 3: capita than any place. 1189 00:52:31,800 --> 00:52:33,600 Speaker 2: In the world. And you talked about the difference in 1190 00:52:33,680 --> 00:52:36,320 Speaker 2: cities and per capita, Melbourne is the highest use of 1191 00:52:36,680 --> 00:52:37,399 Speaker 2: ketamine use. 1192 00:52:37,719 --> 00:52:40,239 Speaker 1: Wow. Serious, Why hell was someone who just want to 1193 00:52:40,280 --> 00:52:41,879 Speaker 1: keep you know, I had to have an. 1194 00:52:41,800 --> 00:52:44,840 Speaker 3: Operational little while ago and I've had many operative and 1195 00:52:44,920 --> 00:52:47,680 Speaker 3: I said to the dude, what did you put in 1196 00:52:47,840 --> 00:52:49,760 Speaker 3: the He said, I have three ingredients. 1197 00:52:49,800 --> 00:52:52,279 Speaker 1: One of them was ketamine. And I said, well, he said, 1198 00:52:52,320 --> 00:52:53,600 Speaker 1: I was so basically paralyzed you. 1199 00:52:53,640 --> 00:52:56,759 Speaker 2: And I thought, why would you have to? I mean, 1200 00:52:56,880 --> 00:52:59,640 Speaker 2: now you're getting my bio chemistry science degree come back 1201 00:52:59,640 --> 00:53:02,720 Speaker 2: to you. But you know, ket meane, it's an amazing molecule. 1202 00:53:02,760 --> 00:53:05,239 Speaker 2: And you know, even overseas they're looking at the great 1203 00:53:05,360 --> 00:53:10,680 Speaker 2: kind of effects you know, things like ketamine, MDM A psilocybin. 1204 00:53:10,080 --> 00:53:12,720 Speaker 1: Have on you know, if you're taking a small doses. 1205 00:53:13,000 --> 00:53:15,399 Speaker 2: No, no, no, I mean, oh, but okay. In terms 1206 00:53:15,440 --> 00:53:17,839 Speaker 2: of the ketamine that we're having over here, people are 1207 00:53:17,880 --> 00:53:20,040 Speaker 2: more so taking small doses of it to kind of 1208 00:53:20,080 --> 00:53:22,160 Speaker 2: get that woozy effect of being a bit drunk or 1209 00:53:22,160 --> 00:53:22,680 Speaker 2: a bit tipicar. 1210 00:53:22,760 --> 00:53:23,360 Speaker 1: That's why they do it. 1211 00:53:23,560 --> 00:53:26,839 Speaker 2: Yeah, And again, if you look back on why people 1212 00:53:26,880 --> 00:53:28,719 Speaker 2: are like is ketemine is such a popular drug right 1213 00:53:28,760 --> 00:53:33,520 Speaker 2: now people can well have a pay whatever they're paying 1214 00:53:33,560 --> 00:53:35,479 Speaker 2: for a small bag of ketamine and that might last 1215 00:53:35,520 --> 00:53:39,160 Speaker 2: some the whole weekend or something, right versus their friend 1216 00:53:39,200 --> 00:53:42,160 Speaker 2: that's drinking and saying, oh, I bought six beers here 1217 00:53:42,280 --> 00:53:44,560 Speaker 2: three busy out and spent two hundred dollars. I think 1218 00:53:44,600 --> 00:53:47,240 Speaker 2: there's an element of it that people are more health conscious, 1219 00:53:47,280 --> 00:53:50,040 Speaker 2: but there's an element of this kind of cost cost 1220 00:53:50,120 --> 00:53:52,080 Speaker 2: will kind of force people to kind of seek out. 1221 00:53:51,960 --> 00:53:53,200 Speaker 1: An ultimate cost efficiencies. 1222 00:53:53,320 --> 00:53:56,280 Speaker 2: Yeah, well, well people are you know, I want the effect, 1223 00:53:56,320 --> 00:53:57,840 Speaker 2: but I don't want to spend as much. Yeah, and 1224 00:53:58,080 --> 00:54:00,239 Speaker 2: you'll get that effect, you know obviously as people don't 1225 00:54:00,280 --> 00:54:03,040 Speaker 2: drink or do drugs. But if I'm somebody that's looking 1226 00:54:03,120 --> 00:54:06,160 Speaker 2: to enhance my experience, and again this was again backed 1227 00:54:06,160 --> 00:54:08,840 Speaker 2: by data and research. We asked a question and we 1228 00:54:08,880 --> 00:54:11,080 Speaker 2: were very kind of careful about how we did it. 1229 00:54:12,800 --> 00:54:17,160 Speaker 2: It was I choose to enhance my experience in alternate ways. 1230 00:54:17,200 --> 00:54:20,600 Speaker 2: We allowed people anonymously to give us answers, and all 1231 00:54:20,640 --> 00:54:22,480 Speaker 2: the data that was coming through this research we do 1232 00:54:22,520 --> 00:54:26,279 Speaker 2: with Creative Australia was that the cost of I want 1233 00:54:26,320 --> 00:54:28,320 Speaker 2: to enhance my experience. I want to drink or be social, 1234 00:54:28,320 --> 00:54:30,600 Speaker 2: et cetera, but the cost of drinking is too high 1235 00:54:30,920 --> 00:54:33,200 Speaker 2: and I choose to enhance it in other ways because 1236 00:54:33,200 --> 00:54:34,040 Speaker 2: it's more cost effective. 1237 00:54:34,160 --> 00:54:36,239 Speaker 1: And do you get back to governments and say, look 1238 00:54:36,400 --> 00:54:41,440 Speaker 1: to government or whoever regulated. Look, people want these festivals 1239 00:54:41,480 --> 00:54:43,400 Speaker 1: no matter what. We've got a good product. 1240 00:54:43,920 --> 00:54:47,520 Speaker 3: We wanted to be a safe environment and an uplifting environment, 1241 00:54:47,560 --> 00:54:50,520 Speaker 3: an environment and an outcome that people remember and enjoy. 1242 00:54:52,120 --> 00:54:54,640 Speaker 1: You the government, could you can you work together? Can 1243 00:54:54,680 --> 00:54:55,239 Speaker 1: we work together? 1244 00:54:56,080 --> 00:54:57,800 Speaker 3: And because you've got a responsibility to do that with 1245 00:54:57,880 --> 00:54:59,279 Speaker 3: the government, because the governm wouldn't not I'm going to 1246 00:54:59,320 --> 00:55:01,320 Speaker 3: gross to speaking imers do not know, they don't. 1247 00:55:01,120 --> 00:55:02,839 Speaker 1: Know what you know, they don't have your data. 1248 00:55:02,920 --> 00:55:05,000 Speaker 2: Well that's that's the reason why I think when you 1249 00:55:05,040 --> 00:55:07,000 Speaker 2: look at why us and the dailys is such a 1250 00:55:07,040 --> 00:55:10,920 Speaker 2: good partnership is we know young people better than i'd 1251 00:55:10,920 --> 00:55:13,000 Speaker 2: say other businesses out in the market. Anybody's trying to 1252 00:55:13,040 --> 00:55:15,680 Speaker 2: market them to them, and particularly government, you know, don't 1253 00:55:15,760 --> 00:55:18,080 Speaker 2: know the you know, don't know how to don't know 1254 00:55:18,160 --> 00:55:19,640 Speaker 2: young people as well as they should, or don't know 1255 00:55:19,640 --> 00:55:21,239 Speaker 2: how to discourse with them. So it's how can we 1256 00:55:21,760 --> 00:55:24,760 Speaker 2: find that mutual objective and then help them deliver that message. 1257 00:55:24,760 --> 00:55:26,879 Speaker 2: And we're very, very proud that we were the first 1258 00:55:26,920 --> 00:55:29,800 Speaker 2: festival to do pill testing over the Year's Eve in Victoria. 1259 00:55:30,200 --> 00:55:32,640 Speaker 2: You know, very successful. We had over five hundred people 1260 00:55:32,680 --> 00:55:36,040 Speaker 2: that came and used the Drug Service a lot of them. 1261 00:55:36,080 --> 00:55:37,759 Speaker 2: I think it was over seventy percent of responders. It 1262 00:55:37,840 --> 00:55:40,000 Speaker 2: was their first time having an open conversation about drugs 1263 00:55:40,000 --> 00:55:42,399 Speaker 2: and the impacts of drugs, and I think eighty percent 1264 00:55:42,400 --> 00:55:45,000 Speaker 2: of them came out of it saying that they will 1265 00:55:45,080 --> 00:55:48,520 Speaker 2: be using drugs less or can reconsidering taking what they 1266 00:55:48,560 --> 00:55:50,880 Speaker 2: took after they found out what was actually in the thing, 1267 00:55:50,920 --> 00:55:53,680 Speaker 2: because people are even taking things something like ketamine, which 1268 00:55:53,760 --> 00:55:55,520 Speaker 2: is meant to be a pure substance that you can 1269 00:55:55,560 --> 00:55:57,719 Speaker 2: take happy hospitals or not, and going, well, this is 1270 00:55:57,920 --> 00:55:58,600 Speaker 2: actually isn't just. 1271 00:55:58,680 --> 00:56:01,560 Speaker 1: Ketamine, it's X, Y and z's so some other shit. Yeah, 1272 00:56:01,680 --> 00:56:02,560 Speaker 1: And I think that's I think. 1273 00:56:02,560 --> 00:56:05,120 Speaker 2: I think education is a real key around around that. 1274 00:56:05,480 --> 00:56:08,120 Speaker 3: So to some extent, you guys have to take on 1275 00:56:08,239 --> 00:56:11,680 Speaker 3: that when you talk about diversity diversification, to some extent, 1276 00:56:11,719 --> 00:56:14,000 Speaker 3: that has to be part of your product that we're 1277 00:56:14,040 --> 00:56:17,000 Speaker 3: here to educate as well, because it's overy L said, 1278 00:56:17,000 --> 00:56:18,400 Speaker 3: we wanted to give you a safe enviroum, but you 1279 00:56:18,400 --> 00:56:19,840 Speaker 3: should educate people about this stuff. 1280 00:56:20,200 --> 00:56:22,800 Speaker 2: One hundred percent, I think education is key. You know, 1281 00:56:23,000 --> 00:56:25,160 Speaker 2: you look at a lot of and I won't go 1282 00:56:25,200 --> 00:56:27,080 Speaker 2: into specific instances, but you look at a lot of 1283 00:56:28,560 --> 00:56:31,160 Speaker 2: bad instances of people and you know, pronominantly they've been 1284 00:56:31,239 --> 00:56:33,759 Speaker 2: through more old fessels that have happened here in New 1285 00:56:33,800 --> 00:56:37,760 Speaker 2: South Wales. But someone's first encounter with drugs is buying 1286 00:56:37,840 --> 00:56:40,960 Speaker 2: something going to take into a festival and being greeted 1287 00:56:41,000 --> 00:56:42,920 Speaker 2: by a wall of police and dogs and everything like that, 1288 00:56:43,040 --> 00:56:44,719 Speaker 2: and then quickly going I'm just going to take these 1289 00:56:44,800 --> 00:56:46,840 Speaker 2: drugs without knowing you know, what dose I'm taking in 1290 00:56:47,440 --> 00:56:51,400 Speaker 2: that's that's one of really jarring or can be lethal, 1291 00:56:51,480 --> 00:56:53,640 Speaker 2: you know, yeah, And that's what we not never want 1292 00:56:53,640 --> 00:56:55,399 Speaker 2: to happen at any one of our events. We don't 1293 00:56:55,440 --> 00:57:00,319 Speaker 2: want anybody to be panicking or taking not taking you know. Well, 1294 00:57:00,480 --> 00:57:03,640 Speaker 2: you know again the first dance is always we prefer 1295 00:57:03,719 --> 00:57:07,200 Speaker 2: you don't do drugs. And drugs can be bad and 1296 00:57:07,440 --> 00:57:10,480 Speaker 2: you don't know what's in them, et cetera. But we 1297 00:57:10,600 --> 00:57:12,640 Speaker 2: have to be realist and that people are going to 1298 00:57:12,640 --> 00:57:14,560 Speaker 2: be taking drugs whether you're at a fessel or at 1299 00:57:14,560 --> 00:57:17,400 Speaker 2: the pub for years, and if these things are present, 1300 00:57:17,600 --> 00:57:19,280 Speaker 2: how can we give them a safe environment? How can 1301 00:57:19,320 --> 00:57:21,000 Speaker 2: we educate them and have the resource for there for 1302 00:57:21,240 --> 00:57:24,240 Speaker 2: to do things like testing or you know, great organizations 1303 00:57:24,280 --> 00:57:27,560 Speaker 2: like dance wise, which is a setup in our vessels. 1304 00:57:27,600 --> 00:57:29,480 Speaker 2: That's a step before going to if you want to 1305 00:57:29,520 --> 00:57:31,440 Speaker 2: go to you know the paramedic and everything, you can 1306 00:57:31,520 --> 00:57:33,800 Speaker 2: just go into a safe space and talk to trained 1307 00:57:34,200 --> 00:57:36,880 Speaker 2: people that know how to go being judged without being judged. 1308 00:57:36,920 --> 00:57:39,160 Speaker 1: So what's coming up? What's coming up? What's ahead of 1309 00:57:39,240 --> 00:57:42,120 Speaker 1: us for you? For you guys, well, I. 1310 00:57:42,160 --> 00:57:44,040 Speaker 2: Mean big mileson this year is ten year Beyond the Valley, 1311 00:57:44,080 --> 00:57:47,440 Speaker 2: forty thousand people is twenty twenty five, twenty twenty five, 1312 00:57:47,520 --> 00:57:51,840 Speaker 2: ye twenty twenty five. You know there's a lot. I 1313 00:57:51,880 --> 00:57:54,479 Speaker 2: mean right now currently we're on tour with the Roofs 1314 00:57:54,520 --> 00:57:57,000 Speaker 2: to Solve. So the same band that helps us launch 1315 00:57:57,040 --> 00:57:59,640 Speaker 2: Beyond the Valley ten years Agoes, you know, doing a 1316 00:57:59,720 --> 00:58:01,960 Speaker 2: record breaking arena tour across the country, got three sold 1317 00:58:02,000 --> 00:58:02,439 Speaker 2: out kudos. 1318 00:58:02,680 --> 00:58:04,920 Speaker 3: I'm not just Victory out across Australia. They said they're 1319 00:58:04,960 --> 00:58:06,360 Speaker 3: doing a cutos They've. 1320 00:58:06,200 --> 00:58:08,240 Speaker 2: They've sold out ten arenas across the country and these 1321 00:58:08,240 --> 00:58:09,920 Speaker 2: were all the bands, so all the artists that we 1322 00:58:10,040 --> 00:58:12,840 Speaker 2: started with back from that nightclub. You know Resident DJ 1323 00:58:12,960 --> 00:58:16,400 Speaker 2: that with ours Dom Dolla is going out selling selling 1324 00:58:16,440 --> 00:58:18,160 Speaker 2: out tens of down tickets all around the world, roofs 1325 00:58:18,240 --> 00:58:22,880 Speaker 2: to Soul doing huge numbers, Fisher flew all these kind 1326 00:58:22,920 --> 00:58:26,400 Speaker 2: of Australian. Australian dance is paving the way around the world. 1327 00:58:26,720 --> 00:58:31,360 Speaker 1: Really yeah, how cool is that? It's fantastic and feel 1328 00:58:31,400 --> 00:58:32,040 Speaker 1: part of that though. 1329 00:58:33,280 --> 00:58:36,360 Speaker 2: It feels fantastic because like even growing up, my dad 1330 00:58:36,440 --> 00:58:39,919 Speaker 2: and my uncle talks so much about the Aussie pub 1331 00:58:40,000 --> 00:58:42,280 Speaker 2: rock scene and we used to see a CDC back then. 1332 00:58:42,440 --> 00:58:45,000 Speaker 2: I remember when I saw this and it's funny, like 1333 00:58:45,120 --> 00:58:47,000 Speaker 2: the pub rock scene is great, but it's not what 1334 00:58:47,080 --> 00:58:48,640 Speaker 2: it used to be when bands would just get in 1335 00:58:48,680 --> 00:58:50,479 Speaker 2: a bus and tour around and again, because the costs 1336 00:58:50,480 --> 00:58:52,920 Speaker 2: are doing everything so high. What we have now are 1337 00:58:53,000 --> 00:58:55,880 Speaker 2: this great clubbing scenes around the country of DJs that 1338 00:58:55,960 --> 00:58:58,560 Speaker 2: are kind of going around And I really think that 1339 00:58:58,720 --> 00:59:01,560 Speaker 2: the biggest musical export to electronic artists for Australia at 1340 00:59:01,600 --> 00:59:03,640 Speaker 2: the moment. And that's a really great to be a point. 1341 00:59:03,680 --> 00:59:06,240 Speaker 3: When you say exports, you talk about people you've you're 1342 00:59:06,360 --> 00:59:07,840 Speaker 3: now seeing who should be exportable. 1343 00:59:07,840 --> 00:59:08,800 Speaker 1: People are actually doing it. 1344 00:59:09,040 --> 00:59:10,640 Speaker 2: It's happening right now. So when you say you know 1345 00:59:10,720 --> 00:59:12,800 Speaker 2: what's next, I mean those two artists that are named 1346 00:59:12,800 --> 00:59:15,600 Speaker 2: Dondal and ruf Tersol we've worked with for over a 1347 00:59:15,680 --> 00:59:18,760 Speaker 2: decade now doing record breaking numbers around the world. But 1348 00:59:18,960 --> 00:59:22,000 Speaker 2: now we also and going to back to diversification. You know, 1349 00:59:22,280 --> 00:59:25,320 Speaker 2: we've got a great management roster of artists that we're 1350 00:59:25,360 --> 00:59:26,360 Speaker 2: working with directly. 1351 00:59:26,200 --> 00:59:28,240 Speaker 3: So you have you have a managing business as well 1352 00:59:28,520 --> 00:59:31,000 Speaker 3: that managers artists correct emerging artists or. 1353 00:59:31,760 --> 00:59:34,000 Speaker 2: No, no, so well that they were emerging artists, but 1354 00:59:34,040 --> 00:59:35,720 Speaker 2: they're now doing their in their own right. You know 1355 00:59:35,800 --> 00:59:38,800 Speaker 2: two artists, Stim and Sam Alfred Young DJs that we've 1356 00:59:39,040 --> 00:59:41,880 Speaker 2: spotted talent that have been at our vessels and playing 1357 00:59:41,920 --> 00:59:45,760 Speaker 2: these amazing slots. And again you're noticing specials there from 1358 00:59:45,800 --> 00:59:47,800 Speaker 2: being there on the ground when you're there and you 1359 00:59:47,880 --> 00:59:49,960 Speaker 2: see the groundswell of the festival kind of fill up 1360 00:59:49,960 --> 00:59:53,280 Speaker 2: at a stage for a local DJ. Yeah, there was 1361 00:59:53,400 --> 00:59:55,840 Speaker 2: just a really good Now they're smashing it on stages overseas, 1362 00:59:55,880 --> 00:59:57,520 Speaker 2: so being part of that journey with the artists is 1363 00:59:57,560 --> 00:59:57,919 Speaker 2: really cool. 1364 00:59:58,000 --> 01:00:02,280 Speaker 1: And what's untitled management business called? 1365 01:00:03,160 --> 01:00:06,120 Speaker 2: So uh, it's it's actually quite funny. It's just untitled 1366 01:00:06,160 --> 01:00:08,200 Speaker 2: management at the moment, is it. It's kind of under 1367 01:00:08,240 --> 01:00:08,960 Speaker 2: just under that banner. 1368 01:00:09,080 --> 01:00:11,240 Speaker 3: Yeah, because because I'm just trying to get a sense 1369 01:00:11,280 --> 01:00:14,760 Speaker 3: of your structure. So you've got headstock at the top. 1370 01:00:14,960 --> 01:00:18,640 Speaker 2: Yeah, so we've got untitled group yep. Then you've got 1371 01:00:18,680 --> 01:00:21,320 Speaker 2: our fessels and events. So under that you've got Beyond 1372 01:00:21,320 --> 01:00:24,840 Speaker 2: the Valley, a grapevine gathering. Ability Fest. I probably didn't 1373 01:00:24,880 --> 01:00:26,480 Speaker 2: touch on ability. Are you familiar with? 1374 01:00:26,640 --> 01:00:26,680 Speaker 1: No? 1375 01:00:26,800 --> 01:00:27,120 Speaker 2: What is that? 1376 01:00:27,640 --> 01:00:27,680 Speaker 1: So? 1377 01:00:28,480 --> 01:00:32,160 Speaker 2: Ability Fest is the show's first fully inclusive fessel. It's 1378 01:00:32,160 --> 01:00:35,760 Speaker 2: aimed to normal disability. They came. They came across a 1379 01:00:35,840 --> 01:00:40,080 Speaker 2: conversation that we had with Dylan Olcott at was eight seven, 1380 01:00:40,120 --> 01:00:43,560 Speaker 2: eight years ago, and Dylan was saying that and again 1381 01:00:43,640 --> 01:00:44,640 Speaker 2: through a tending hour of it is it? 1382 01:00:45,400 --> 01:00:48,200 Speaker 1: Is it for people with disabilities who as audience or 1383 01:00:48,240 --> 01:00:50,200 Speaker 1: as artists? No? 1384 01:00:50,400 --> 01:00:53,240 Speaker 2: So what it's a it's a fessel that caters for 1385 01:00:53,320 --> 01:00:55,120 Speaker 2: people of all levels of abilities. And we wanted to 1386 01:00:55,160 --> 01:00:57,200 Speaker 2: make that really clear that it's a festal not for 1387 01:00:57,280 --> 01:01:00,480 Speaker 2: people with disabilities and not for people you know, it's 1388 01:01:00,720 --> 01:01:04,760 Speaker 2: it's a festival where includes everybody, includes everybody. And that's 1389 01:01:04,800 --> 01:01:06,760 Speaker 2: a big thing that Dylan drove home with us as 1390 01:01:06,800 --> 01:01:08,680 Speaker 2: he goes. You know, I always feel welcome and catered 1391 01:01:08,680 --> 01:01:11,240 Speaker 2: for your events, but you know, not all events are 1392 01:01:11,320 --> 01:01:12,880 Speaker 2: like this. Is not all events are fully accessible. And 1393 01:01:13,320 --> 01:01:15,440 Speaker 2: through doing Ability Fest and seeing just how far we 1394 01:01:15,520 --> 01:01:18,120 Speaker 2: were able to kind of, you know, have people with 1395 01:01:18,760 --> 01:01:22,880 Speaker 2: any different form of disabilities, So people down syndroom, several pausy, deaf, blind, 1396 01:01:22,960 --> 01:01:28,200 Speaker 2: having sensory rooms, accessible pathways, viewing platforms, guides and seeing 1397 01:01:28,240 --> 01:01:30,760 Speaker 2: people that have not experienced live music before have the 1398 01:01:30,840 --> 01:01:32,720 Speaker 2: ability to come and experience live music for the first 1399 01:01:32,720 --> 01:01:34,640 Speaker 2: time and the profound impact that that has on them. 1400 01:01:35,200 --> 01:01:37,560 Speaker 2: It's such a special event, while at the same time 1401 01:01:37,720 --> 01:01:40,640 Speaker 2: raising money for the Dealing Old Colt Foundation. So I 1402 01:01:40,720 --> 01:01:42,479 Speaker 2: think in the couple events that we've had, we've raised 1403 01:01:42,480 --> 01:01:44,080 Speaker 2: over one and a half million dollars for the Dealing 1404 01:01:44,120 --> 01:01:46,960 Speaker 2: Old Coot Foundation. But I think the best thing that's 1405 01:01:47,000 --> 01:01:49,520 Speaker 2: came about from that is the learnings that we then 1406 01:01:49,600 --> 01:01:53,800 Speaker 2: consistently take and then implementing to other events, one step 1407 01:01:53,840 --> 01:01:55,400 Speaker 2: at a time, how can we make it more accessible, 1408 01:01:55,480 --> 01:01:58,160 Speaker 2: more inclusive. And you know, shout out to Dylan for 1409 01:01:58,760 --> 01:02:01,320 Speaker 2: you know, I guess coming to us with this great 1410 01:02:01,360 --> 01:02:03,959 Speaker 2: idea and initiative and this journey we've been on together 1411 01:02:04,000 --> 01:02:05,040 Speaker 2: has been really very special. 1412 01:02:05,520 --> 01:02:06,080 Speaker 1: He's good man. 1413 01:02:06,760 --> 01:02:10,200 Speaker 2: So I've gone off on a team got abilities beyond 1414 01:02:10,200 --> 01:02:13,360 Speaker 2: the valley pitch vessel ability that's grapevine gathering, so all 1415 01:02:13,400 --> 01:02:16,320 Speaker 2: the fessel and events. Then we've got our touring division, 1416 01:02:16,480 --> 01:02:19,120 Speaker 2: so we tour artists outside of the events. So at 1417 01:02:19,160 --> 01:02:21,600 Speaker 2: the moment we're touring Roofs to Soul a good shot. 1418 01:02:21,720 --> 01:02:23,880 Speaker 2: We just announced there. We come back to it Australia 1419 01:02:23,880 --> 01:02:27,000 Speaker 2: which has got everyone really pumped. Routine Clan and a 1420 01:02:27,040 --> 01:02:29,120 Speaker 2: whole bunch of Mile and Hoff Sad all these artists. 1421 01:02:29,200 --> 01:02:33,560 Speaker 2: So events and vessels, touring. Then we've got Proxy, our 1422 01:02:33,560 --> 01:02:36,080 Speaker 2: bookings agency, so we do all the bookings for Australian 1423 01:02:36,120 --> 01:02:40,120 Speaker 2: artists around Australasia. Our management division so when. 1424 01:02:40,040 --> 01:02:42,400 Speaker 3: You say book agency, so if someone outside of Australia 1425 01:02:42,440 --> 01:02:46,440 Speaker 3: wants to book a particular artist, they go through Proxy. 1426 01:02:48,120 --> 01:02:52,320 Speaker 2: Particularly in mainly Australasia where we represent. But yeah, we 1427 01:02:52,400 --> 01:02:55,520 Speaker 2: represent a lot of talent for bookings and now we're 1428 01:02:55,520 --> 01:02:58,160 Speaker 2: starting to really actively build out our management roster so 1429 01:02:58,240 --> 01:03:00,280 Speaker 2: we can manage artists, give them opportunity to build a 1430 01:03:00,280 --> 01:03:03,800 Speaker 2: platform in Australia and kind of export them abroad, which 1431 01:03:03,840 --> 01:03:06,880 Speaker 2: is which is really exciting. And then outside of that 1432 01:03:07,000 --> 01:03:10,200 Speaker 2: then we've also got Underscore which is our creative agency. 1433 01:03:11,560 --> 01:03:13,800 Speaker 2: We do a lot of kind of influencer bread brand 1434 01:03:13,920 --> 01:03:18,760 Speaker 2: work with that, and the agency is kind of and 1435 01:03:18,800 --> 01:03:21,880 Speaker 2: then obviously outside that ugly vodka, et cetera. And what 1436 01:03:22,000 --> 01:03:24,440 Speaker 2: we've really created is ecosystem of kind of divisions that 1437 01:03:24,560 --> 01:03:27,400 Speaker 2: all kind of sit underneath untitled, but they all really 1438 01:03:27,480 --> 01:03:29,960 Speaker 2: work in with each other collaboratively. So I think, you know, 1439 01:03:30,160 --> 01:03:32,080 Speaker 2: back when it was just me and my three business partners, 1440 01:03:32,080 --> 01:03:35,200 Speaker 2: there was four of us wearing all the hats, doing everything. 1441 01:03:35,280 --> 01:03:37,120 Speaker 2: And as we kind of started getting into the habit of, 1442 01:03:37,200 --> 01:03:38,560 Speaker 2: you know, hiring friends. 1443 01:03:38,280 --> 01:03:38,360 Speaker 3: And. 1444 01:03:40,480 --> 01:03:41,920 Speaker 2: It was still then there was five or six or 1445 01:03:41,920 --> 01:03:43,720 Speaker 2: seven of us, but it was still everyone doing everything 1446 01:03:43,880 --> 01:03:46,680 Speaker 2: all at once, and there was no clear structure. So again, 1447 01:03:46,760 --> 01:03:49,040 Speaker 2: going into COVID, we were able to go, really go 1448 01:03:49,200 --> 01:03:52,440 Speaker 2: what other separations of business units? What are the roles 1449 01:03:52,480 --> 01:03:55,240 Speaker 2: that we need within those business units? And I think 1450 01:03:55,280 --> 01:03:58,400 Speaker 2: a really big, a big kind of stepping stone for 1451 01:03:58,520 --> 01:04:01,800 Speaker 2: us was hiring in general and appointing someone that can 1452 01:04:01,880 --> 01:04:05,720 Speaker 2: really bring those four brains into one. And I think 1453 01:04:05,760 --> 01:04:08,720 Speaker 2: that's really important because you know, you talk, we spoke 1454 01:04:08,720 --> 01:04:11,400 Speaker 2: a lot about mentorship before, but you know, I consider 1455 01:04:11,440 --> 01:04:14,480 Speaker 2: my business partners even mentors because we all think so differently. 1456 01:04:14,760 --> 01:04:17,080 Speaker 2: You know, each of us has got a really different 1457 01:04:17,080 --> 01:04:19,200 Speaker 2: approach to business and how you know, I can be 1458 01:04:19,800 --> 01:04:23,240 Speaker 2: creative and energetic and inspiring and create these ideas, but 1459 01:04:23,560 --> 01:04:25,120 Speaker 2: the lens in which one of my partners will kind 1460 01:04:25,120 --> 01:04:27,120 Speaker 2: of bring it back to reality, and another one another one, 1461 01:04:27,160 --> 01:04:29,360 Speaker 2: and then between the four of us we always land 1462 01:04:29,440 --> 01:04:32,760 Speaker 2: somewhere that's dead center. We did a personality test when 1463 01:04:32,800 --> 01:04:35,160 Speaker 2: we first started the business, and the lady that did 1464 01:04:35,200 --> 01:04:36,840 Speaker 2: the test was quite amaze. She goes, I've never seen 1465 01:04:36,880 --> 01:04:38,360 Speaker 2: this before and turned it around and we came out 1466 01:04:38,400 --> 01:04:41,960 Speaker 2: like a perfect star, which was actually fantastic. So all 1467 01:04:42,120 --> 01:04:47,040 Speaker 2: individual separate quadrants of our shapes of the diamond. And 1468 01:04:47,560 --> 01:04:49,520 Speaker 2: so between the four of us, we've ultimately got to 1469 01:04:49,560 --> 01:04:51,200 Speaker 2: come up with always be aligned and. 1470 01:04:51,960 --> 01:04:53,880 Speaker 1: So you have a deal like let's all vote on it. 1471 01:04:55,040 --> 01:04:58,240 Speaker 2: And it's been that way since the start. We you know, 1472 01:04:58,480 --> 01:05:00,680 Speaker 2: people talk about conflict resolution and how do you go 1473 01:05:00,760 --> 01:05:03,800 Speaker 2: about with your you know, how with you guys having oh, 1474 01:05:03,880 --> 01:05:06,440 Speaker 2: three business partners, that's not going to last. So I 1475 01:05:06,480 --> 01:05:08,840 Speaker 2: think there's an element of respect and respecting what the 1476 01:05:08,880 --> 01:05:11,200 Speaker 2: strengths and weaknesses of each partner is and leaning into 1477 01:05:11,240 --> 01:05:13,800 Speaker 2: them more. If anything, that's something that we've really been 1478 01:05:13,800 --> 01:05:15,760 Speaker 2: able to do as the kind of business goes from 1479 01:05:15,760 --> 01:05:19,360 Speaker 2: strength to strength, leaning into those strengths, respecting your partners, 1480 01:05:19,440 --> 01:05:22,520 Speaker 2: and then aligning through the new structure we have and 1481 01:05:22,560 --> 01:05:24,760 Speaker 2: you know, funneling throughout our general manager and now all 1482 01:05:24,800 --> 01:05:27,800 Speaker 2: the business divisions that we have. That's what's really allowed 1483 01:05:27,840 --> 01:05:30,400 Speaker 2: us to go from these seven staff to the now 1484 01:05:30,440 --> 01:05:34,280 Speaker 2: you know, seventy plus that we have seventy plus now, Yeah, 1485 01:05:34,480 --> 01:05:35,600 Speaker 2: across all the different. 1486 01:05:35,400 --> 01:05:37,720 Speaker 3: Yeah, that's a lot of people, though when you consider 1487 01:05:37,800 --> 01:05:40,320 Speaker 3: you just had six or seven people at the end 1488 01:05:40,360 --> 01:05:40,760 Speaker 3: of COVID. 1489 01:05:41,240 --> 01:05:44,200 Speaker 2: Yeah, No, definitely, And to be honest, a lot of 1490 01:05:44,480 --> 01:05:46,280 Speaker 2: every time there's great new faces in the team. I 1491 01:05:46,400 --> 01:05:48,280 Speaker 2: love having conversations with the new people that we meet 1492 01:05:48,280 --> 01:05:51,240 Speaker 2: in the office because everybody's got a different story about 1493 01:05:51,280 --> 01:05:53,400 Speaker 2: how they come across untitled group and what makes them 1494 01:05:53,440 --> 01:05:55,919 Speaker 2: want to work in the industry. And I think that's 1495 01:05:55,960 --> 01:05:59,360 Speaker 2: a really important thing as well. Is that discourse that 1496 01:05:59,400 --> 01:06:01,960 Speaker 2: we used to have going back to the nightclubs or anything. Again, 1497 01:06:02,400 --> 01:06:04,360 Speaker 2: I'm having that internally with the young people that we 1498 01:06:04,480 --> 01:06:07,120 Speaker 2: hire in our office. And this is how there's this 1499 01:06:07,240 --> 01:06:09,640 Speaker 2: one great example that I didn't know who this artist 1500 01:06:09,880 --> 01:06:13,400 Speaker 2: was that we always get constantly offered artists. And I 1501 01:06:13,560 --> 01:06:15,640 Speaker 2: just went downstairs and I went on the balcony just 1502 01:06:15,840 --> 01:06:18,080 Speaker 2: yelled out the artist name ran Win. I saw three 1503 01:06:18,120 --> 01:06:19,960 Speaker 2: heads pop up, and I said, what what about him? 1504 01:06:19,960 --> 01:06:21,720 Speaker 2: I said, you three coming to this room right now? 1505 01:06:21,800 --> 01:06:24,240 Speaker 2: Tell me everything about it, you know, And I love 1506 01:06:24,360 --> 01:06:27,640 Speaker 2: I love that that cross pollination of someone in ticketing 1507 01:06:27,760 --> 01:06:30,560 Speaker 2: or someone in finance or someone in ops might be 1508 01:06:30,600 --> 01:06:33,560 Speaker 2: able to so those divisions that I mentioned before, you know, 1509 01:06:33,640 --> 01:06:35,880 Speaker 2: there's obviously extend extensions of that. You've got you know, 1510 01:06:36,040 --> 01:06:39,600 Speaker 2: your finance, ticketing, operations, et cetera. But everyone's welcome to 1511 01:06:39,680 --> 01:06:42,640 Speaker 2: kind of comment on whether they think we should be 1512 01:06:42,680 --> 01:06:45,200 Speaker 2: promoting a certain artist or things that we should be 1513 01:06:45,240 --> 01:06:48,560 Speaker 2: aware of. And and you've got such a rich, rich 1514 01:06:49,000 --> 01:06:50,840 Speaker 2: history of people that have worked in and around music 1515 01:06:50,960 --> 01:06:53,760 Speaker 2: that that our team, that knowledge that these seventy plus 1516 01:06:53,800 --> 01:06:56,920 Speaker 2: stuff have and that energy is really vital to to 1517 01:06:57,000 --> 01:06:58,000 Speaker 2: I guess the success. 1518 01:06:57,720 --> 01:06:59,400 Speaker 3: Of the companies sort of like sound like a sort 1519 01:06:59,400 --> 01:07:01,240 Speaker 3: of flat strike in terms of people's opinions. 1520 01:07:01,720 --> 01:07:06,040 Speaker 2: Yeah, yeah, yes, it's always encouraged. But you can also 1521 01:07:06,120 --> 01:07:08,760 Speaker 2: create those things whereas you never want to have too 1522 01:07:08,840 --> 01:07:11,160 Speaker 2: many cooks in too many cooks in the kitchen. It 1523 01:07:11,320 --> 01:07:13,560 Speaker 2: ultimately comes down to the one decision maker, and for us, 1524 01:07:13,640 --> 01:07:16,000 Speaker 2: it's a lot of the day it's who's acting as 1525 01:07:16,040 --> 01:07:18,000 Speaker 2: the promoter. For I said to you know, the buck 1526 01:07:18,040 --> 01:07:20,440 Speaker 2: stops with them if they say the ticket price is good, 1527 01:07:20,480 --> 01:07:22,280 Speaker 2: the ticket price is good, if they say they should 1528 01:07:22,280 --> 01:07:26,040 Speaker 2: be playing this venue. But we really do take all 1529 01:07:26,080 --> 01:07:28,200 Speaker 2: the pings on from all of our team, and I 1530 01:07:28,280 --> 01:07:31,320 Speaker 2: love getting suggestions from my team of new ways that 1531 01:07:31,440 --> 01:07:34,160 Speaker 2: we could be doing things differently. You know, good Charlotte, 1532 01:07:34,200 --> 01:07:38,240 Speaker 2: We're doing a show out in Bendigo bending a race course. 1533 01:07:40,000 --> 01:07:43,000 Speaker 2: We're in collaboration with the Victorian government. Rather than doing 1534 01:07:43,040 --> 01:07:46,040 Speaker 2: a standard arena like rod Laver Arena rod Laver Arena, 1535 01:07:46,680 --> 01:07:49,760 Speaker 2: very fixed kind of plug and play into stadium, by 1536 01:07:49,840 --> 01:07:53,000 Speaker 2: doing it out in Bendigo, we're injecting millions of dollars 1537 01:07:53,000 --> 01:07:55,720 Speaker 2: into the regional economy, hiring way more labor, et cetera 1538 01:07:55,760 --> 01:07:58,520 Speaker 2: to build the show. And one of the world's most 1539 01:07:58,640 --> 01:08:00,680 Speaker 2: iconic kind of punk rock bands are playing out in 1540 01:08:00,760 --> 01:08:01,600 Speaker 2: Benigo race course. 1541 01:08:01,600 --> 01:08:04,680 Speaker 3: I think that's fantastic and actually and the governments like that, 1542 01:08:04,840 --> 01:08:07,760 Speaker 3: state coups like that, and they sometimes they live and 1543 01:08:07,840 --> 01:08:09,520 Speaker 3: contribute to something that might throw the venue in for 1544 01:08:09,600 --> 01:08:10,120 Speaker 3: nothing whatever. 1545 01:08:10,120 --> 01:08:11,920 Speaker 2: Well that's so, that's what the Victorian governments that they've 1546 01:08:11,960 --> 01:08:13,680 Speaker 2: contributed to this show in collaboration to make it. It 1547 01:08:13,720 --> 01:08:16,640 Speaker 2: wouldn't have been possible without them, and you know, I'm very, 1548 01:08:16,840 --> 01:08:19,760 Speaker 2: very thankful we've worked with the Victorian government to do 1549 01:08:20,000 --> 01:08:23,519 Speaker 2: Austrain exclusive concerts for the likes of Zach Bryan or 1550 01:08:23,720 --> 01:08:26,080 Speaker 2: Great Country, one of the world's biggest country acts, Christine 1551 01:08:26,120 --> 01:08:29,880 Speaker 2: Aguilera Anama huge, huge electronic artist that does a big 1552 01:08:30,080 --> 01:08:34,559 Speaker 2: audio visual show. And that funding that we receive from 1553 01:08:34,560 --> 01:08:37,120 Speaker 2: the government is kind of tied into tourism initiatives or 1554 01:08:37,240 --> 01:08:40,679 Speaker 2: economic impact injections that we can do, and we're constantly 1555 01:08:40,720 --> 01:08:42,960 Speaker 2: delivering for the government and I think we're doing a 1556 01:08:43,000 --> 01:08:45,879 Speaker 2: great job. I think the lens in which I'm encouraging 1557 01:08:45,920 --> 01:08:49,080 Speaker 2: governments to shift is that not everything is a dollar. 1558 01:08:49,280 --> 01:08:49,519 Speaker 3: Dollar. 1559 01:08:50,800 --> 01:08:53,360 Speaker 2: You invest one, you get this tourism between invests, you 1560 01:08:53,400 --> 01:08:55,720 Speaker 2: get that because with music there's a lot more to that. 1561 01:08:56,040 --> 01:08:58,599 Speaker 2: There's a lot more of the you touched it before, 1562 01:08:58,640 --> 01:09:02,559 Speaker 2: the magic that the romance, the psychological components, the well being, 1563 01:09:02,600 --> 01:09:04,000 Speaker 2: sense of community that come into it. 1564 01:09:04,280 --> 01:09:05,000 Speaker 1: The people I met. 1565 01:09:05,600 --> 01:09:07,640 Speaker 2: Yeah, the people I met, my partners were this and 1566 01:09:07,760 --> 01:09:11,799 Speaker 2: I think investing in festivals and live music for Australia 1567 01:09:11,920 --> 01:09:14,080 Speaker 2: is investing in the mental health and well being of 1568 01:09:14,160 --> 01:09:14,920 Speaker 2: young Australians. 1569 01:09:15,200 --> 01:09:16,840 Speaker 1: I think that's a good point for us. 1570 01:09:16,840 --> 01:09:18,840 Speaker 3: We'll probably stop there because I think that's a very 1571 01:09:18,880 --> 01:09:21,760 Speaker 3: good way to stop this and finish off, because it 1572 01:09:21,880 --> 01:09:24,080 Speaker 3: is good for the mental health. In fact, everybody wants 1573 01:09:24,120 --> 01:09:26,280 Speaker 3: to say it's the opposite in terms of the dangers, 1574 01:09:26,360 --> 01:09:29,840 Speaker 3: but really, if you can control the dangers, manages the 1575 01:09:29,960 --> 01:09:32,439 Speaker 3: risks which you guys seem to be doing and may 1576 01:09:32,520 --> 01:09:35,280 Speaker 3: be aware of them, then you can actually blow up 1577 01:09:35,520 --> 01:09:38,120 Speaker 3: the benefits how good they're going to be, because the 1578 01:09:38,160 --> 01:09:38,960 Speaker 3: benefits are much greater. 1579 01:09:39,000 --> 01:09:40,439 Speaker 1: And it's funny, you know, in this country we tend 1580 01:09:40,479 --> 01:09:41,160 Speaker 1: to always. 1581 01:09:40,880 --> 01:09:41,960 Speaker 3: Look at the risks of the risks, of the risk 1582 01:09:42,680 --> 01:09:44,680 Speaker 3: we experience that during COVID, by the way, you know, 1583 01:09:44,840 --> 01:09:46,960 Speaker 3: we forget about the benefits of what we're taking away 1584 01:09:46,960 --> 01:09:51,439 Speaker 3: from everybody and community being part of something. Listening in music, 1585 01:09:51,479 --> 01:09:54,400 Speaker 3: I mean I mad music. Maybe not necessarily the artist 1586 01:09:54,439 --> 01:09:56,400 Speaker 3: you're talking about, but I have music only twenty four 1587 01:09:56,439 --> 01:09:58,240 Speaker 3: hours and in my house twenty four hours out. 1588 01:09:58,280 --> 01:09:59,320 Speaker 1: I never turn it off. 1589 01:10:00,479 --> 01:10:04,240 Speaker 3: You know it's you know, it's either blues, jazz, classic, 1590 01:10:04,360 --> 01:10:06,240 Speaker 3: it's just going twenty four hours ago. I can't live 1591 01:10:06,280 --> 01:10:10,280 Speaker 3: without having music in my in the background. And and 1592 01:10:10,400 --> 01:10:13,200 Speaker 3: for people love concerts and you know, live live events, 1593 01:10:13,200 --> 01:10:15,920 Speaker 3: I can understand exactly where they're coming from. So my 1594 01:10:16,040 --> 01:10:18,640 Speaker 3: proceed is actually, you know, you know what I think 1595 01:10:18,760 --> 01:10:22,679 Speaker 3: is quite amazing this conversation. Not on the business you're built. 1596 01:10:22,920 --> 01:10:26,000 Speaker 3: You're you're pretty young, although you probably to the young 1597 01:10:26,040 --> 01:10:29,240 Speaker 3: people in your business, they probably think you're ancient, but 1598 01:10:29,320 --> 01:10:31,400 Speaker 3: you're pretty young, and in relatively speaking, you build a 1599 01:10:31,400 --> 01:10:31,960 Speaker 3: great business. 1600 01:10:33,040 --> 01:10:34,400 Speaker 2: But I just love energy. 1601 01:10:34,600 --> 01:10:34,800 Speaker 3: Man. 1602 01:10:34,920 --> 01:10:37,880 Speaker 1: You're so fucking energetic, dude, Like it's mad. 1603 01:10:38,920 --> 01:10:40,839 Speaker 2: It might be a bit of the ADHD, which apparently 1604 01:10:40,880 --> 01:10:41,799 Speaker 2: everybody has nowadays. 1605 01:10:41,840 --> 01:10:44,880 Speaker 1: We all got it so but but your energy is mad. 1606 01:10:44,960 --> 01:10:46,680 Speaker 1: For a business, you need to be like that. 1607 01:10:47,160 --> 01:10:49,680 Speaker 3: If you want to run a business successfully, you need 1608 01:10:49,760 --> 01:10:52,479 Speaker 3: to have at least one of the four people to 1609 01:10:52,560 --> 01:10:55,680 Speaker 3: be that dude, and you need someone else to balance. 1610 01:10:55,439 --> 01:10:59,040 Speaker 1: It up again, pulling back, pulling back, Hey, hang on, 1611 01:10:59,120 --> 01:10:59,759 Speaker 1: why don't let's. 1612 01:10:59,600 --> 01:11:01,400 Speaker 3: Have a look at it, unwrap it a bit, and 1613 01:11:01,560 --> 01:11:04,439 Speaker 3: so you test it. But you need that person first 1614 01:11:05,040 --> 01:11:06,080 Speaker 3: nothing happens otherwise. 1615 01:11:06,600 --> 01:11:09,280 Speaker 2: Yeah, thank you. Yeah, well, because I often yeah, I 1616 01:11:09,320 --> 01:11:11,760 Speaker 2: think it wouldn't be anywhere without the three partners. 1617 01:11:11,479 --> 01:11:13,080 Speaker 3: That I have, But they wouldn't be anywhere. They would 1618 01:11:13,080 --> 01:11:15,000 Speaker 3: have nothing to work back on unless I had someone 1619 01:11:15,040 --> 01:11:18,840 Speaker 3: like you. So it's a great symbiotic relationship and that's 1620 01:11:18,840 --> 01:11:20,360 Speaker 3: why businesses work at the end of the day. 1621 01:11:20,439 --> 01:11:22,160 Speaker 1: Well done, mate, Congratulations, Thank you Marke. 1622 01:11:22,200 --> 01:11:23,360 Speaker 2: I appreciate it. Thanks having me