• 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

  • My lockdown life

    Lockdown is certainly a change of pace for me. I used to fly around the world twice a month! Now I’m stuck inside my 768 sq ft apartment for months...

  • How I won my battle against procrastination

    Just in the past 2.5 weeks, I've seen my productivity shoot through the roof, I have more energy and I feel great about myself (who wouldn't?)   No,...

  • YouthActionNet Global Fellowship Preparations

    On 17 May this year, over two months after I'd submitted my application, I received an exciting email in my inbox.  "Congratulations!  You have been...

  • Losing focus

    From an organisational point of view, it's better to focus on doing a small number of things right, than a large number of things wrong. In...

  • Australia-Israel Chamber of Commerce Trade Mission

    I led a trip to Israel with Wyatt Roy, Assistant Minister for Innovation, for a group of 45 entrepreneurs, politicians and business people, in order to...

  • I have what Barack Obama and Steve Jobs have

    Yeah, I know. I’m so cool, and I’m so lucky. I have DNA, flesh, blood and bones. Barack Obama and Steve Jobs are truly two icons of our time - men...

  • YouthActionNet Global Fellowship Day 0: The "best" and "better" plans

    A month ago, I came up with a list of the things I wanted to consider during my YouthActionNet Fellowship retreat.  In the 24 hours that it took me...

  • Orlando

    I went to Orlando and gave three speeches in 4 days! I spoke to Baxter Healthcare virtually about failure - my failures, failing fast, failing...

  • Short Black | Sandra Sully podcast

    The lovely Sandra Sully invited me to appear on her podcast, Short Black, after we spoke at Vogue Codes together in 2018.  Check out our conversation here: ...

  • Jevaroo - 8DOF robot arm

    We’re building a new robot Jevaroo, an 8-degree-of-freedom robot arm on a moveable platform, that can lift 1.32kg at full extension.  I love this...

Enter your email address to receive my latest blog posts: 

 

Scroll to Top