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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The Friends With Money podcast is also available on Apple Podcasts, the Google Play store, Spotify and all major podcast platforms.

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Julia Newbould is the managing editor of Money magazine and is one of the hosts of the Friends With Money podcast. 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.