This week, we chat with outspoken entrepreneur Shane Yeend. Well, at least that’s how InDaily and other media outlets refer to him. Shane has put his finger in many pies over the years and tonight we’ll stick our fingers in too and give it all a darn good stir.
We will talk business, politics, and life.
This week, the SA Drink Of The Week is from Heritage Wines.
In 100 Weeks Ago we hear a snippet from our chat with Sky Harrison and Ellen Morgan from the now-defunct Aspire Magazine.
In IS IT NEWS, Nigel challenges us on business stories from SA’s past.
And in the musical pilgrimage … Todd will share his summary of the SA Music Awards and play a favourite track from the event.
And please consider becoming part of our podcast by joining our Inner Circle. It’s an email list. Join it and you might get an email on a Sunday or Monday seeking question ideas, guest ideas and requests for other bits of feedback about YOUR podcast, The Adelaide Show. Email us directly and we’ll add you to the list: [email protected]
Running Sheet: Outspoken entrepreneur Shane Yeend
|Some of us can hold our liquor|
|Theme and Introduction. Our original theme song in full is here, Adelaidey-hoo.|
|00:03:02||SA Drink Of The Week
|2015 Heritage Wines Rossco’s Shiraz Barossa Valley … tasting notes.|
|00:00:00||Stories Without Notice
|None this week.|
To follow the life and career of Shane Yeend is no trivial pursuit. If we were to poll a studio audience on the terms most used to refer to him in the media, we’d have a list that includes dotcom survivor, interactive pioneer, master negotiator, and outspoken entrepreneur Shane Yeend. Trying to pick the one most commonly agreed upon by Shane, Premier Jay Weatherill, entrepreneurs, and Walmart executives, would most likely end in a family feud of mega proportions. So, tonight, we have decided to roll the dice and make our way around the surreal gameboard of Shane’s life, using nothing but curiosity, imagination, and tips from friends and listeners, while relying upon our own sense of being able to pick fact from crap.
We have some opening questions that have been submitted by our mutual friend, Leila Henderson. They are good, so let’s start with them.
From Leila: Shane, I’m intrigued that you live here but guessing you’ve lived a double life … you bring a bit of an edge, and you’ve sailed quite close to the wind on several occasions. Basic questions first: Do you consider you have advanced negotiation skills? We’re they learned or innate?
Leila: What were you like at primary school?
Leila: Where did you hide the money?
Now it’s our turn to move to the topic of board games. Where did the idea of DVD Interactive board games come from?
You got mightily stabbed in the back by some big players. Is this the eternal risk entrepreneurs face?
Back in those days we had two hit board games, but we were this small Adelaide company that didn’t know anybody so we’d go to toy fairs, rent a room and hang out in the hallways waiting to spot the Wal-Mart or Target buyer. Because we had a successful board game they would come and look at what we had if we’d promise to stop bugging them.
You created the DVDi category. Do they still hold up today? I don’t even have a DVD player any more. Can they work online and is that a lower price point?
“Every time WalMart sends us a million dollar order we need half a million in cash and if we’ve only got $100,000 in the bank on any one day we come up short. And you can’t control it because once you’re on the shelf at WalMart, if you’re out of stock you start getting fines. We’re on a 14-day turn around with WalMart in 3,500 stores and then there’s Target, Kmart, Toys R Us, Barnes & Noble as well, so there’s this huge need for working capital.”
Two questions: How do you convince investors to lend that money. Would the bank tax have affected this?
Secondly, Toys R Us is now gone from Rundle Mall. How healthy is the games market for retailers?
I’ve rolled a few questions about cannabis, too. You have been part of a frustrating push to develop a legal cannabis production sector in South Australia. Where is that push at, at the moment, and is there still potential in the idea?
In your frustration, about a year ago, you took out that full page ad blasting the government for dragging its feet. This led to the altercation with the Premier that took you and many people by surprise. Was this a good move, in retrospect? Are there other businesses with potential to put out ads like that?
Premier Jay Weatherill has been quoted saying Labor will win the next state election, ‘We have a united, formidable team; we’ll offer stable, certain government’. There was talk of you dogging him throughout the election campaign, with Jay-TV broadcasting at his media events. Is that still on the cards? Do you still see potential in Stephen Marshall?
How would you describe your perfect politician?
Turning to entrepreneurism again, there was something poignant you said in the wake of Brandon Reynolds having a tragic Today Show interview about his Sociabl App. You said, “he raised money and built the tech that delivers a great experience. Maybe all he needed was some experienced mentors.” Does that still stand as advice that is possible to follow?
Andrew Andrews: Why does the old Adelaide guard of North Adelaide (and by definition the members of the Adelaide and Queen Adelaide Club) allegedly hold back the growth of SA and what we need to do to dilute their seemingly omnipotent power over the politicians and senior business leaders who think they are still in control.
How do we grow and support enough good leaders, not managers, to build our state in a sustainable and innovative way? What do we need to change in South Australia to have sustainable growth that does not jeopardize our future?
|01:39:57||Is It News?
Nigel Dobson-Keeffe challenges the panel to pick the fake story from three stories from South Australia’s past.
Advertiser – June 1939
The South Eastern Times – September 1929
13 NOV 2017 – Business in SA
|01:52:10||100 Weeks Ago
In 100 Weeks Ago, we hear a snippet from our chat with Sky Harrison and Ellen Morgan from the now-defunct Aspire Magazine.
This interview coincided with the death of former premier, John Bannon. In InDaily pieces that week, it was revealed how much he personally took on the guilt for the State Bank disaster (he was the leader) even though others had let him down. This snippet covers a range of comments about being a scapegoat and beating ourselves up due to hindsight.
|02:04:42|| Musical Pilgrimage
And our song this week is Days in ADL by DyspOra, selected by our musical curator, Todd Fischer.
This week I’ll be giving a quick wrap up of the 2017 South Australian Music Awards and we’ll be playing a song from one of the winners.
This year the SAMs were hosted at the Thebarton Theatre with a red carpet entrance through the recently updated Thebby Lane. It featured a bunch of amazing performances from some of Adelaide’s best artists, my favourites being TImberwolf’s AB Original cover, DyspOra’s collaboration with ELSY and Tkay Maidza’s explosive opener.
AB Original swept the main peer-voted awards, taking out Best Song, Best Group, Best Aboriginal Artist, Best Music Video and the biggest award of all, Best Release for their album Reclaim Australia.
Unfortunately I still hear and see a lot of fierce opposition to changing the date of Australia Day so it was really great to see their protest song “January 26” awarded Best Song. I truly believe it will one day be seen as one of Australia’s most influential songs and the judges clearly recognised that.
I myself was lucky enough to be named as a finalist in the best cover art category for Donnarumma’s release ‘Billy Billy.’ One of my favourite local artists, Henry Stentiford, ended up taking out the award on the night for his amazing Bitter Darlings cover and although I would’ve loved to win I was happy it went to a very deserving artist. It was also just great to be in the same room as so many of my favourite musicians and feel like I’m their peer for a night.
There were two other moments throughout the night though that really warmed my heart the most. The first was seeing Sharni Honor’s Porch Sessions take out Best Event in a category filled with some incredible competition like WOMADelaide. The cheers from the crowd clearly showed that I’m not the only one who thinks Sharni is one of the most kind-hearted and creative humans going around. Her events always take place in the most beautiful surrounds and she curates some unbelievable line-ups.
The second moment was when DyspOra was named Best Male Artist. We featured Dyspora back on episode 208 where we discussed how he arrived in Australia 13 years ago after fleeing conflict in South Sudan and living in a refugee camp in Kenya. In an incredibly inspiring acceptance speech he dedicated the award to all the refugees around the world, telling the audience about those seven years in the refugee camp, and that if he never got out of there he wouldn’t be onstage performing or winning the award, so let’s give people chances, he said. let’s do the right thing, let’s start with Manus Island.
This also received thundering applause and it was just great to see two of the most hard-working and admired people in Adelaide’s Music Industry be recognised for their contributions.
To celebrate DyspOra’s Best Male Artist win I’ve decided to play another song off his album for you, this is Days in ADL.
|I like your opening|
Here is this week’s preview video:
SFX: Throughout the podcast we use free sfx from freesfx.co.uk for the harp, the visa stamp, the silent movie music, the stylus, the radio signal sfx, the wine pouring and cork pulling sfx, and the swooshes around Siri.