Friends With Money #23: How Dick Smith built an Aussie empire

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He's an Aussie icon and household name, not only because of his success as a businessman, but for his amazing aviation adventures and unwavering positivity for the country he loves.

So where did it all begin and what still motivates someone like Dick Smith?

Recently, managing editor Julia Newbould caught up with Dick to see how he built his empire, hear about his philosophy on money, and how he wisely spent his time during COVID-19 lockdown to finish his new book, My Adventurous Life.

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Friends With Money podcast FAQ

What is the Friends With Money podcast?

Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.

Where can I listen to the podcast?

You can listen on Apple Podcasts, Spotify, or YouTube (with closed captions available).

Who hosts Friends With Money?

Episodes are hosted by Vanessa Walker and Tom Watson from Money magazine, featuring expert guests and real conversations about money.

Is the podcast suitable for beginners?

Yes! It's designed to be accessible for beginners while still offering valuable insights for seasoned investors.

What topics does the podcast cover?

The Friends With Money podcast covers topics including banking, property, budgeting, superannuation, investing, saving, insurance, employment, travel and more.

How often are new episodes released?

New episodes are released weekly, so you can stay up to date with the latest financial tips and trends.

Can I watch episodes with captions?

Yes, full episodes with closed captions are available on YouTube.

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Boost your financial literacy anytime, anywhere with the Friends With Money podcast from Money magazine. Whether you're commuting, working out, or relaxing at home, this weekly podcast makes it easy to grow your money knowledge on the go.

Each episode dives into real conversations about money - how it's earned, shared, saved, and grown - with tips and insights that make finance simple and relatable. Perfect for beginners and seasoned investors alike, it's your go-to guide for building better financial habits.

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Julia Newbould was editor-at-large and later managing editor of Money from November 2019 to February 2022. She was previously editor of Financial Planning and Super Review magazines; managing editor at InvestorInfo and at Morningstar Australia. Julia co-authored The Joy of Money, a book on women and personal finance. She holds a Bachelor of Economics from the University of Sydney where she serves on the alumni council.

Dick Smith is the entrepreneurial businessman who founded Dick Smith Electronics, Australian Geographic and Dick Smith Foods. A Companion of the Order of Australia, an Australian of the Year and one of the National Trust's Living Treasures, he is an aviator who has flown five times around the world, including the first solo helicopter circumnavigation, and across Australia and the Tasman Sea by balloon.
Comments
Sam Smith
August 23, 2023 4.43am

Good to hear from Dick. I'll get the book