The Digital Economist
Hi, I'm Sam Birmingham. I love startups, innovation and challenging the status quo.
For the vast majority of my years, economies have grown, companies have profited and people have got richer on the back of a once-in-a-lifetime demographic shift and debt-fuelled boom. Those days are through.
Economies must evolve beyond rampant consumerism and confront the demographic headwind that had been a tailwind until the Baby Boomers began retiring. Companies must become nimble, innovate and invent new products to address customers' ever-changing needs in this digitally-disrupted world. And as people, we must focus on solving problems and learn to do more with less.
These are the challenges that excite me. They are what I want to get out of bed each morning and be a part of. This is where I share my thoughts.
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It is no surprise that Silicon Valley has double the success rate to Australian startups. The community there speaks the same language, buys and sells from each other, hires each other, invests in each other. The stronger our ecosystem in Asia Pacific, the better we will all do. It’s fun to help each other, but we are also more likely to win. We will continue to participate heavily in the ecosystem and I hope that we can all work together in a bigger way in 2013 to make this thing amazing.
A rising tide lifts all boats