Kylie Merritt is one of those rare award-winning founders who speaks with both empathy and brash honesty. With over twenty years’ professional experience, she is a pioneer in the cutthroat world of media and a refreshing spirit in business.
Formerly the Chief Executive Officer of Your Money and Commercial Director of Sky News, Merritt is now the co-founder of FinTech business ausbiz, which she started with David Koch.
Despite the economic impact of COVID19, Merritt and her team grew the business last year, and have bigger plans to further blur the lines between fintech and media in coming periods.
In line with International Women’s Day 2021 (March 8), Merritt sat down with AESTOLOGYY to offer a behind-the-scenes glimpse into her journey, delivered in our trademark authentic, inspiring style.
AESTOLOGYY: Why did you start ausbiz in one sentence?
KYLIE: Because Australia didn’t have a dedicated business and finance channel and we knew there was an audience for one
AESTOLOGYY: How will ausbiz look different in five years versus 2021?
KYLIE: Who knows what technology will allow in five years?!
My gut tells me the content, based on quality conversations, will not change that much.
From a user’s perspective there will be deep integration between the content and individual investment interests… plus more real time interactivity.
The rest… you’ll have to wait and see!
AESTOLOGYY: Describe the journey of becoming the woman you are now, and what you would tell your younger self?
KYLIE: I actually don’t feel any different now than I did at 25 (and some would say I don’t act any differently either).
I think over time I’ve learned to be more measured and to look at all the shades of grey in a problem, rather than making an immediate decision.
My younger self would have done well to not care so much about what other people thought.
Also to my younger self – buy Bitcoin before you even know what it is!
AESTOLOGYY: How do you ‘do it all?’
KYLIE: I don’t, I think that’s a myth.
I do what I can, I have people in my work life and family life who pick up the slack… and some stuff I just let slide.
AESTOLOGYY: Any regrets in your career journey?
Even the things I’ve been terrible at (and there have been plenty) were opportunities to learn.
The times I haven’t been happy helped me see really clearly what motivates me.
As my co-founder at ausbiz tells me every day: “it’s all part of the journey!”
AESTOLOGYY: What is the price of success for you, and how did you know it was worth it?
KYLIE: I guess that depends how you measure success. Am I fabulously wealthy? Nope.
Do I wake up every morning and look forward to work? Pretty much, yes.
I chose journalism as a career which isn’t something you generally do for the riches, so for me if I can build a business using the skills I’ve acquired (and hope to keep acquiring) which is sustainable, employs good people and remains somewhere really fun to work, then I consider that a great success.