• 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

  • Channel 7 - House of Wellness TV

    Channel 7’s The House of Wellness TV got in touch to find out what I’m up to. We talked robots, Aipoly and more robots.

  • The way things go

    You set up a meeting time, ten people email back and say they’re keen, passionate and that they’ll be there.  One person shows up.   So what’s there to...

  • In the news: Entrepreneurship in Australian universities

    My business partner Mark Parncutt was quoted in this article in StartUp Smart about the state of entrepreneurship in Australian universities.  Happy...

  • Jevaroo - lift capabilities

    We filmed some more videos of our Jevaroo robot arm in action!  Here it is demonstrating its load and lift capabilities. It can lift 2.32kg at the...

  • Piano lessons

    When I was younger, we couldn't afford a piano at home, so my mum would take me to my piano teacher's house each day to practise for an hour. I...

  • create magazine cover

    I spent the summer working out of the Engineers Australia Victoria office with 20 university students.  As a result they put me on the front cover of...

  • G20 Brisbane Global Cafe

    Spoke about my robotic arm at the G20 Brisbane Global Cafe.

  • Regaining focus

    During my time at Robogals, towards the end of every year, I would lose focus. Why?  All my major projects for the year would have been wound up.  My...

  • Ogilvy

    A lot of successful entrepreneurs dropped out of school (Richard Branson) or university (Bill Gates).  But Ogilvy, who went on to become a famous ad...

  • Global Summit of Women in Tokyo

    I attended the Global Summit of Women in Tokyo, Japan 11-13 May and gave a presentation about aubot, then spoke on a panel.  It was live-translated...

Enter your email address to receive my latest blog posts: 

 

Scroll to Top