Meet the young leaders behind some of Australia's most successful companies

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The tech industry is behind many of Australia's newest millionaires and fastest growing companies. Here's how three Australian entrepreneurs made it.

When Kate Morris decided to start selling make-up online as a uni student in the late 1990s, not everyone was enthusiastic about the idea.

"We experienced huge growth. I mean, I think our business nearly tripled, kind of overnight," she said. "I was moving apartments back in 2011 and I asked a friend of mine to come over and help me move," the 37-year-old said. The app allows anyone to outsource everyday tasks — like installing furniture — and is part of what's been called the gig economy., where those who complete tasks are independent contractors who simply use the platform to connect with customers, and are not employed on a wage by the company.

Davie Fogarty, 27, also found success through unconventional means — via a colourful wearable blanket that has been referred to asMillions of the fleecy garment, known as the Oodie, have now sold around the world — and it too saw sales spike during lockdown, with people spending more time at home in loungewear."When we first started the brand, influencers wouldn't even wear them. So we've come a long way there.

"Whether it was vain or not, I always thought I'd be successful, even in high school. I kind of was always dedicated to this path."While he said he launched the company with just $500, Mr Fogarty acknowledged his parents played a key role in supporting his entrepreneurial endeavours over the years."They supported me from a very young age, even with another business that didn't work out."Despite her success at Adore Beauty, Ms Morris told 7.

 

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