#39: Richard White CEO of WiseTech Global and CargoWise

Richard White founded software company WiseTech Global in 1994 to help logistics companies manage goods and information across supply chains. WiseTech Global is an innovative global developer of cloud-based software solutions for the international and domestic logistics industries. Since the company went public in 2016, WiseTech’s shares have soared more than five-fold, due to strong growth in revenue and acquisitions worldwide.

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Some of the highlights from the episode:

• How Richard went from being a musician, refrigeration engineer and repairing guitars for ACDC and The Angels to founding one of the most successful Australian Companies
• The fundamental problem in Logistics from the industry’s inception – Fragmentation.
• 32 acquisitions over the last three years and all of them came with their founders
• Why Richard doesn’t think any freight forwarders in existence today are truly digitalized or digitized.
• “It’s not about being on the Nasdaq or being the London stock exchange or being on the New York Stock Exchange. It’s about being a great company.”
• “You shouldn’t manage people. You should manage yourself and lead people.“

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