With exciting times rolling ahead for the next wave of budding Sydney tech titans and entrepreneurs, there's a bigger concern that all Sydneysiders face.
2019 marks an important but decisive year for tech and innovation in Sydney. Nasdaq-listed Atlassian reported $1 billion in annual revenue trumping Wall Street's expectations in January. The homegrown titan has since become Australia's biggest tech success story.
But the success stories continue.
Aussie graphic design startup, Canva completed a smooth $101 million funding round in May, valuing the company at a whopping $3.6 billion. Within just a few years, Canva founder, Melanie Perkins successfully secured her company as one of Australia's most valuable local startups.
Either something big is brewing in Sydney or are these just two completely random occurrences?
Meanwhile, Sydney is set to become home to Australia's own Silicon Valley, with August marking one crucial year since tech titan Atlassian announced a partnership with the NSW government in a project expected to create thousands of jobs.
"Sydney has the potential to be of one of the world's leading tech cities and the creation of a tech hub sends a very loud signal – not only to the country, but to the rest of the world – that we're in the race," says Atlassian Co-Founder, Scott Farquhar.
But what signal is it really sending?
With the hub's ambition to home 10,000 new jobs by 2036, the real question here is Will you be taking a job or will you have the next billion dollar idea, joining the ranks amongst the prestigious companies such as Atlassian and Canva?
This wave of innovation creates incredible opportunity.
Silicon Valley venture capitalist, Marco Robert is joining forces with Sydneysider, Oscar Chavez to equip executives with wealth maximising strategies to ensure financial security.
Whilst long term financial security is not something many people ponder, Australian household debt is reported to be among the highest in the world, according to The Organisation for Economic Co-operation and Development. Robert and Chavez argue that achieving financial security should be at the top of everyone's list.
"I want to know that if any of my loved ones were sick, that I would have the ability to make sure they are looked after and get the treatment they need to make a good recovery," says Chavez.
After a stint on Season 2 of Australia's "The Voice" on Team Delta and over 70kg in weight loss, Chavez has toured the world as a speaker and executive leadership coach, rubbing shoulders with the likes of Mel Gibson and Dr. Phil.
Oscar Chavez with Mel Gibson
Oscar Chavez with Dr Phil
Meanwhile, Silicon Valley Venture Capitalist, Robert has had his eyes set on Sydney's up and rising entrepreneurs and executives.
"Sydney executives have more potential than any other market I've seen. For some reason their level of maturity in business surpasses some of the greatest minds in Silicon Valley. Yet they are frustrated by the bureaucracy and snail-paced innovation of corporate Australia," he says.
Robert wants to help people harness their potential for innovation within to create the next generation of powerful and influential organisations.
"People want to adopt agile and get more done so they can go home every day feeling fulfilled at work and have their net worth increase seven times more than where it is today," he says.
Marco Robert with clients
Marco Robert with 50 Cent
Founder and CEO of international business advisory firm, Tumiza Strategy Consulting, Robert claims this is only possible through creating your own incredible startup or scaling your own existing company, "it's exactly what we've seen with the likes of Atlassian, Canva and [neobank] Xinja. Corporations will never pay people what they are worth because every employee needs to drive profit, and that profit is not yours."
Here are some sobering statistics if you're one of the bright people, looking to take a job in Sydney's tech hub.
The average employee in Australia retires at the age of 62.9 according to the
