Featured Operations Product

Tim Fung — Best business advice from most successful Aussie startup

37 minutes

Next
Luke Anear — Top tech business tips from $1.3 BILLION business owner

Is this Australia's most successful startup?

If you've never heard of Airtasker, you're a step behind in the business world. Tim Fung is the driving force behind Airtasker, the community marketplace platform which has disrupted how the Australian workforce operates. From tackling unemployment and underemployment to helping those with odd jobs to big projects, Airtasker facilitates everything in this brand new marketplace.

Tim himself is a prominent figure in the Australian startup and entrepreneurial community since Airtasker. He started his first business, Circuit Club, when he was still at university, and since 2012 he has led Airtasker from 8 employees to a global team of over 160, with 2.5 million members posting 37,000 jobs every week. Airtasker is now achieving 100% growth year-on-year in Australia and is on a path to enter other international marketplaces.

Tim knows how to make it happen - and we couldn't think of someone more fitting to kickstart our podcast series! In the first episode of The Make It Happen Show, Tim tells us how he disrupted an entire industry, runs us through the key milestones of Airtasker's initial and extreme growth stages and shares his words of advice when it comes to building, running and growing a business.

1. Tim Fung promotional image for The Make It Happen Show

"A year in, burning lots of money...every day was hard."

— Tim Fung

In this episode, you will learn:

  • 5:01 - Where Tim sees services and marketplaces going
  • 6:56 - How Airtasker started and what the key milestones in its journey are
  • 10:31 - What the key factors to a successful marketplace are
  • 13:28 - What the main focuses in the first periods of Airtasker's growth were
  • 17:45 - What Circuit Club is (Tim's first business)
  • 22:02 - What some of the lessons Tim’s learnt through multiple rounds of raising capital and the key strategies he would recommend to other businesses
  • 24:57 - The challenges of growing a company from 20+ to 160+ employees
  • 29:20 - How he encourages his team to give positive and clear feedback
  • 31:17 - How Airtasker measures performance in their team
  • 33:16 - Where Airtasker could be in 2 years
  • 35:02 - Make It Happen In A Minute

DID YOU ENJOY THIS PODCAST?

PLEASE LEAVE A REVIEW ON

TOP 10 BUSINESS PODCAST ON ITUNES

Great insight for business owners and super practical takeaways!

Bruce Casanovic

Amazing guests, great insights into their journey and what has helped make their businesses successful. Great to hear how some of the guests have navigated challenge as well. Loads of good practice takeaways.

Perfect for the Monday commute

innov8me

Great to listen to on the commute to work on Monday mornings. Great content, well delivered and plenty of insights from industry leaders in a variety of fields. Good to see the entourage getting out there with a podcast series

Top-shelf guests. Top-shelf conversations.

podcast_junkie_18

This is so awesome, so helpful, and so fresh. Right from the get-go, the team at The Entourage have brought out the big names in the Aussie entrepreneur and business space to have conversations that every business owner should listen to. I can't wait to see who they bring on next.

Amazing guests

Komesy

Loved the episode with Tim Fung, Airtasker CEO! You guys are getting some awesome guests in! Thank you!

Entourage on point again!

Adz Rodger

Great content again from The Entourage! Particularly like the 1st episode and the points Tim Fung made about making sure you make time to map out the future and don't get stuck on day to day 'work', as well as the observation that you really need to be strategic about your people management and not just try to save money. Two awesome take homes I have already taken action on!

For entrepreneurs and non-trepeneurs alike

kylie_73

Well this was one of the best things I’ve heard in a while. I’m by no means the target demographic, having zero business or entrepreneurial experience at all. Luckily the advice given for business growth and success is remarkably applicable to personal growth and success. Loved the conversational style, by the end of the podcast I felt like I knew both Tims personally, which is a great mark of engagement. And I loved hearing about the humble beginnings of Airtasker from the founder himself. Give this a listen if you’re craving a bit of personal or professional inspiration.

SUBSCRIBE TO THE PODCAST.

Your Entourage journey starts here. Join Australia's largest community of over 500,000 business owners and entrepreneurs, and receive instant access to the newest podcast episodes, exclusive resources, and all updates delivered straight to your inbox.