Money of Mine BONUS: We ask James Marlay how to build an industry leading media business
This is a different episode today. It’s a bonus episode after all.
When we were in Sydney, we asked Livewire’s Co-Founder, James Marlay, if he would be kind enough to let us ask him about his experience building and growing the business. He kindly said yes.
As we build Money of Mine, we look at leading digital media businesses like Livewire to learn everything we can. In a short period of time, Livewire became the go-to site to discover the views of Australia’s leading fund managers. We have always been impressed with their product. And when you listen to the way James thinks about the business, he’s an example to us about maintaining integrity along the way.
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The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional.
MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate.
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(0:00:00)Introduction
(0:02:34)Pre-Livewire days
(0:10:05)Initial thought of starting Livewire
(0:14:48)The first year
(0:20:32)How did you start making money?
(0:27:05)Website or no Website?
(0:29:50)Creating exclusivity
(0:38:35)Market Index acquisition
(0:46:39)The vision
(0:50:50)Who is riskier out James and Tom?
(0:51:57)What will Market Index bring?
(0:52:57)What's the end-game?