
Young guns make their mark in business
David Hancock
Geeks2U
www.geeks2u.com.au
Still aged just 24, David Hancock is the founder and managing director of Geeks2U.
The business provides expert, same-day, on site computer help, repairs and services and is Australia’s leading provider of on-site computer service for homes and businesses. Their mission is simple: “To ensure our clients get the most out of their technology through prompt, expert service, when and where they need it, from our qualified technicians.”
When David set up Geeks2U in 2005, he had just one technician to service customers in Sydney. Today, Geeks2U services Sydney, Melbourne, Brisbane, the Gold Coast, Adelaide, Canberra, Hobart and Perth with more than 30,000 customers. Revenue growth for April 2009 versus April 2008 is a huge 94 percent.
David is not afraid to take risks and is currently focusing on further cementing the company’s position as the leader in the industry.
Adi Rum and Damian Kovach
LocalFitness
www.localfitness.com.au
Adi Rum and Damian Kovach never really thought of themselves as matchmakers but the two Melbourne entrepreneurs behind Australia’s leading online fitness search engine www.localfitness.com.au are doing just that, with over 4 million hits on the site each month.
The website aims to match people to their local gym, personal trainer or even class. It allows consumers to scope out gyms and search for the perfect fitness régime from the privacy of their own home, creating a non-pressured environment.
Twenty-something school friends Rum and Kovach, graduated from Monash University with degrees in Computer Science and started on their business two years ago. “Most fitness businesses did not even have a website, let alone a web presence. When there were websites they were totally lacking in information like class times, trainers and facility profiles and almost none had real photos showing their actual facilities, which is what the public wants to see,” says Kovach.
He adds: “Our consumer survey data shows that 70% of all visitors to our site are satisfied and find exactly what they are looking for.” Rum adds: “Our concept is that if you find the right fitness facility, program, personal trainer or service, there is a higher chance you are likely to stay involved in fitness and adhere to an exercise routine. We currently represent hundreds of gyms in Victoria–an overwhelmingly positive response.”
Alex and Cate Gransbury
Dreamfarm
www.dreamfarm.com.au
Brother and sister duo Alex (27) and Cate (24) started Dreamfarm from their bedroom in 2003. It now turns over more than $1 million a year.
In 2004, they moved their office from a bedroom to their parents’ garage and launched the Grindenstein, a clever device which solves the extremely messy problem of removing the grinds from your espresso machine’s portafilter or handle.
They started selling it at market. In 2005, they rented their first warehouse in Fyshwick, ACT, and the duo and their relatives put Grindensteins together five nights a week! By the end of that year they had more than 120 retailers and had started exporting to Israel, the UK and the Netherlands.
In 2006, they moved production to China to make it more profitable for export markets, and gave the domestic distribution to an Australian company to concentrate on product development. They also launched Dreamfarm Europe BV to supply directly to European distributors.
They launched their second product, Scizza, in 2007, and secured distribution in Canada, the US and New Zealand. At this point, the business had one full-time employee (Alex), three part-time employees, and a lot of unpaid help.
Last year saw Dreamfarm relocate Australian operations from Canberra to Brisbane and launch Smood and Gripet, as well as Dreamfarm USA Inc. Dreamfarm now sells into over 300 stores in the US with five staff there. Last year also saw them start to sell into Japan.
In 2009, Dreamfarm doubled its product range. It now has two full-time employees in Australia, one in Europe and four in the US. It took back distribution in Australia and has since grown the number of Australian retailers from 150 to over 300 within six months.
The company now ships to over 25 countries worldwide and sells directly to retailers in Australia and the US. But this export success story doesn’t end here! Four more products will be launched in 2010.
Chris Ryan and Adam Rockett
Strike Group Australia
www.strike.com.au
In close to a decade, Adam Rockett, 30, and Chris Ryan, 29, founders of Queensland company Strike Group Australia, have created a wholesale telecommunications business that exports to over 79 countries.
Born and raised in Brisbane, they met at secondary school and have travelled the planet establishing the Strike brand. Positioning themselves as a domestic and international wholesaler of telecommunications products, the duo is continuing to grow the business from strength to strength.
The GFC is providing opportunities for Strike. Experiencing a double digit growth each year and turning over $16 million last year, the world is their oyster. They credit most of Strike’s success to their high- achieving team of sales and management professionals. The HR systems they use to recruit, train and assess their team have ensured the right people were hired and trained from the outset. In addition to Chris and Adam, Strike employs 17 people.
The business has diversified to include, property investment, venture capital enterprise, consumer electronics and its key wholesale division of domestic mobile enhancements.
Adam and Chris’s achievements include being finalists in Ernst and Young’s Entrepreneur of the Year awards.
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Entrepreneurs of the year
Glad to know them. By the way, I took this communication skills workshop and I was able to gain my confidence presenting to small groups. Importantly, I was able to build more effective relationships. You should check this one out!
My Ex was a young gun!!
It was probable the reason we split, but his business is going great now and this made me think of him. He does day tours to the Royal National Park, which was a huge challenge because suprisingly few people know about it!