I believe education is a human right, and critical to building a brighter world. My job is to drive down the price of education and let more people in. Tertiary education is like early childhood education; it’s a right, not a differentiator and everybody should have the opportunity to reach their potential. Some people may not want to go to university but they should have the choice. Most of our students come to us because they want to change the world, and Torrens was built on giving students the experience to meet their requirements, not ours.
Never forget you are here to disrupt. You need to be bold about it, and you need to stick at it. It would be easy to fall back into being part of that $46 billion market with only 43 universities and doing what everybody else is doing. But I keep remembering I am here to bring the price of education down and participation up, and to create an infrastructure where we are genuinely collaborating with industry. I’m always looking left and right for opportunities. Building Torrens was my chance to pull all my expertise in starting businesses, shutting businesses, looking at skills and funding, and connecting people to make a significant difference. Building credibility is a challenge for any entrepreneur and I found this especially true in education, where we went in to shake up an established, traditional system. But we’ve shown that you can provide education with private money for public good. In education, competition is good, and choice is good, and we should let more investors into this system to make it more relevant.
The art of entrepreneurship is the awareness and hunger to try different things and not be contained within your circumstances. We need original thinking, and the best entrepreneurship I’ve seen has come about when somebody has taken an idea they've seen in a different industry, different country or with a different set of parameters and brings it together to disrupt a system. You can say a rising tide lifts all boats, but it's how you raise the tide for everybody that matters.
You need a good head, a strong heart, and the hand to execute your strategy. I’m always looking for people who understand what defines business success but are driven by their impact on society. When you dig into their stories, you’ll often find a turning point where they were inspired to make the world a fairer place.
Sustainable investment is key. Funding can be easy to get when people are looking for a speedy return on investment, but the risk of failure is much higher for entrepreneurs who don’t have the infrastructure, advocacy and connections to support long-term change.