Silicon Valley Venture Capitalist Offers Sydney Executives Sobering Advice

MEDIA RELEASE - For Immediate Release

Silicon Valley Venture Capitalist Offers Sydney Executives Sobering Advice

With exciting times rolling ahead for the next wave of budding Sydney tech titans and entrepreneurs, there’s a bigger concern that all Sydneysiders face.

2019 marks an important but decisive year for tech and innovation in Sydney. Nasdaq-listed Atlassian reported $1 billion in annual revenue trumping Wall Street's expectations in January. The homegrown titan has since become Australia’s biggest tech success story.

But the success stories continue.

Aussie graphic design startup, Canva completed a smooth $101 million funding round in May, valuing the company at a whopping $3.6 billion. Within just a few years, Canva founder, Melanie Perkins successfully secured her company as one of Australia’s most valuable local startups.

Either something big is brewing in Sydney or are these just two completely random occurrences?

Meanwhile, Sydney is set to become home to Australia's own Silicon Valley, with August marking one crucial year since tech titan Atlassian announced a partnership with the NSW government in a project expected to create thousands of jobs.

“Sydney has the potential to be of one of the world’s leading tech cities and the creation of a tech hub sends a very loud signal – not only to the country, but to the rest of the world – that we’re in the race,” says Atlassian Co-Founder, Scott Farquhar.

But what signal is it really sending? 

With the hub’s ambition to home 10,000 new jobs by 2036, the real question here is Will you be taking a job or will you have the next billion dollar idea, joining the ranks amongst the prestigious companies such as Atlassian and Canva?

This wave of innovation creates incredible opportunity.

Silicon Valley venture capitalist, Marco Robert is joining forces with Sydneysider, Oscar Chavez to equip executives with wealth maximising strategies to ensure financial security.

Whilst long term financial security is not something many people ponder, Australian household debt is reported to be among the highest in the world, according to The Organisation for Economic Co-operation and Development. Robert and Chavez argue that achieving financial security should be at the top of everyone’s list.

“I want to know that if any of my loved ones were sick, that I would have the ability to make sure they are looked after and get the treatment they need to make a good recovery,” says Chavez

After a stint on Season 2 of Australia’s “The Voice” on Team Delta and over 70kg in weight loss, Chavez has toured the world as a speaker and executive leadership coach, rubbing shoulders with the likes of Mel Gibson and Dr. Phil.

Oscar Chavez with Mel Gibson

Oscar Chavez with Dr Phil

Meanwhile, Silicon Valley Venture Capitalist, Robert has had his eyes set on Sydney’s up and rising entrepreneurs and executives.

"Sydney executives have more potential than any other market I've seen. For some reason their level of maturity in business surpasses some of the greatest minds in Silicon Valley. Yet they are frustrated by the bureaucracy and snail-paced innovation of corporate Australia,” he says. 

Robert wants to help people harness their potential for innovation within to create the next generation of powerful and influential organisations. 

“People want to adopt agile and get more done so they can go home every day feeling fulfilled at work and have their net worth increase seven times more than where it is today,” he says. 

Marco Robert with clients

Marco Robert with JT Foxx and 50 Cent

Founder and CEO of international business advisory firm, Tumiza Strategy Consulting, Robert claims this is only possible through creating your own incredible startup or scaling your own existing company, “it’s exactly what we’ve seen with the likes of Atlassian, Canva and [neobank] Xinja. Corporations will never pay people what they are worth because every employee needs to drive profit, and that profit is not yours.”

Here are some sobering statistics if you’re one of the bright people, looking to take a job in Sydney’s tech hub.

The average employee in Australia retires at the age of 62.9 according to the Australian Bureau of Statistics. Figures from the Association of Super Funds Australia (ASFA) indicate that men retire on average with $270,710 in the account, with women retiring over 40% less, at $157,050. Given that humans are living longer, it’s not necessarily reflected in the average bank account.

Stretching this out to a comfortable age of 75 would mean that Australians would be forced to live on average between $13,000 to $22,000 per year - without even accounting for inflation. Those numbers are staggeringly low.

A world apart and far from the retirement dream hard working Aussies deserve.

But Robert and Chavez propose an alternative.

According to Robert, “Corporate executives are overconfident in their roles, even though they lack the competence in modern growth strategies”

“Senior executives are being dismissed from global corporations because they are too expensive and no longer relevant. Even if you went to an Ivy League college, they don’t exactly teach you about how to manage all elements in a business. You can learn more in one day from Warren Buffet that you can from an entire MBA - at least, that's been my experience,” Robert says.

Chavez agrees, “this is why people need to learn the exact methods to adapt and thrive in the changing business landscape. Not to peacefully retire, but to generate wealth and build meaningful projects with legacy that offer value to the community.”

So Robert and Chavez have teamed up with an alternative to university that promises to equip Sydney executives with the education they need to successfully build and scale a business to generate wealth.

The aptly named venture, “Business Titans” takes eligible executives to an exotic and exclusive retreat to learn the secrets of Silicon Valley success over three days.

“We take our Titans away from their usual routine to shake down old patterns of thinking so we equip them with only the strategies that are relevant to results,” Chavez says.

“Top income earners are heavily taxed in Australia by up to 48%. We want to educate people on how to maximise their returns through legal tax minimisation strategies, reinvesting their money in meaningful endeavours for the community’s benefit,” he says.

This year, Business Titans 7X Retreat will be hosted in Thailand, with the south-east asian location selected both for its cultural wonders and to help boost the country’s economic profile.

Chavez, an ambassador for A21, the global nonprofit organisation tackling modern slavery and human trafficking, says that it should be every person’s mission to look after the human needs of others.

“People in privileged positions should be doing what they can to make an impact in improving the lives of others. That’s why I want to equip the next generation of Business Titans - they will have the skills, the drive and the finances to fuel positive change and change the world,” he says.

Robert and Chavez are now screening eligible executives for their December Business Titans 7X Retreat in Thailand. We've secured an exclusive 50% discount coupon to attend their retreat, but with only 30 spots open, spots are filling up fast. 

Visit www.cxoequip.com today to take up this exclusive offer.

To interview Oscar Chavez about CxO Equip and his experiences being a Business Titan, contact him on +61403360364 or via email: oscar@oscar-chavez.com

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