Business Innovation Series Episode 4: Nathan Jungwirt

If you’re old enough to remember the advent of computers – they used to be a specialised device sold in specialised stores for specialised purposes. Somewhere around the 1990s they became commoditised and now the choice of store is mainly determined by price. Nathan Jungwirt has run a computer store for 6 years in a highly competitive and commoditised sector. Not only that, he has a keen interest in investing, e-commerce and entrepreneurialism. If you are interested in e-commerce, small business, or investment – Nathan is an inspiring young Australian who is surprisingly well-read. If this is the standard of young Australians, we are in good hands! --------------------- Watch this episode on Youtube: https://youtu.be/7nB_wqXXdgg Follow Nathan: www.jungtech.com.au instagram.com/jung_tech facebook.com/jungtech  twitter.com/jungtechau linkedin.com/company/jung-tech co.pinterest.com/jungtechau --------------------- Show notes: 2:35 The cultural change to embrace computers 8:50 Personalising e-commerce and doing it better 9:55 Struggling to survive 12:25 Discovering Alibaba and the first entrepreneurial failure 15:00 Doing it right – finding the right product 20:20 How to start in e-commerce online 21:28 Buying retail at Walmart and reselling it on Amazon 23:15 Rice and Milo on Amazon 27:05 Choosing dead end jobs 29:15 The easiest start – dropshipping from aliexpress onto ebay 32:57 What do you do when you achieve your dreams? 36:52 How do you find your passion? 44:16 Entrepreneurial drive to take control of your financial future 48:17 Fearful to deploy excess cash 50:40 The problem of ‘too much money’ 51:20 No excuse – financial education is now FREE 53:26 The left wing don’t understand the private sector 59:23 Good ideas are forged in fire 1:03:34 Government gets its licence from its people 1:06:43 Victorians will stop caring about Dan Andrews