• Blog
  • Archives
  • Bio
  • Awards
  • Speaking
  • Book
  • Contact

My relationship with money

Published: Monday, 25 February 2013

You don't need that much money.  Just enough to pay the rent, utilities and food.

My plan I created for myself post-uni when I was in 3rd year uni was to not get a job.  Live very simply.  Save my money.

The more money I saved, the bigger my runway to fail.  And then work my hardest to build a company.

Bury the ego.

I was born into a poor family, and I never had any luxuries.  So I trained myself from an early age not to care about what other people have or be affected by that.

You don't need all of life's little luxuries.  If you live cheaply, you'll have the time, headspace and energy to create your dream company.

When viewed in that context, none of life's luxuries can hold a candle to being able to do the work you love.

About Me

Marita ChengForbes named me a world's top 50 woman in tech & 30 Under 30. I founded Robogals and Aipoly and was Young Australian of the Year 2012. Currently working on robotics company Aubot. I'm the youngest Member of the Order of Australia (AM) and I give speeches around the world.

I tweet @maritacheng and I'm on Facebook.

Subscribe

Enter your email address to receive my latest blog posts: 

 

Random Articles

  • Dividing time - most time spent on highest priority item

    If you're not spending most of your time working on your highest priority, then it's time to reevaluate what you're doing. My mum worked as a hotel room...

  • Over-exposure

    Telling people your plans too early doesn't make you less likely to achieve them.  I know when I tell people what I plan to do the response I get...

  • Don't kid yourself on your priorities

    What are your priorities?  Work?  Family?  Relationship?  Start-up?  9-5?  Non-profit?  Volunteering?  Watching television?  Reading blogs?  Eating?  Meetings? Don't...

  • Chinese History Museum

    The Chinese History Museum invited me to be part of their exhibition on notable Chinese Australians. In February, over Chinese New Year, my mum came to...

  • Wall of Change

    I have a wall in my room where the artwork is sheets of paper blu-tacked next to each other, forming a rectangle.  I call it my "Wall of Change" My...

  • Success is in the doing

    Even if I know my chances of success are slim because I've been disorganised, have missed deadlines, have generally not followed my own rules for...

  • Graduation!

    I finally graduated!  Stoked to give the valedictory speech at my graduation.  I received a Bachelor of Engineering (Mechatronics) and a Bachelor of...

  • The unglamourous work you love

    I love the process of getting an idea, making a plan around it, and then bringing it to the world.  It usually involves a lot of emailing, fleshing...

  • Unless people you’re working with support you, you are going to fail

    Who are the guys that you are going to have pizza with when you successfully raise capital? Who are the guys that are going to inspire you? Who are...

  • Insights from another student entrepreneur…

    Kieran O’Neill started up holylemon.com, a sight that shows funny videos, funny movies and funny videoclips when he was 14, and sold it for US$1.25...

Enter your email address to receive my latest blog posts: 

 

Scroll to Top