Six Greek Australian’s appear on Australia’s Top 100 Young Entrepreneurs (under 40) 1 The Top 100 Young Entrepreneurs for the website businessnewsaustralia.com has been released for Australia for 2021.
Six Australians of Greek heritage have done exactly that, making it in the Top 100 Young Entrepreneurs list for 2021.
The individuals listed, generated more than $5.9 billion in revenue
18. Chris Anastasi and Nathaniel Anthony (Muscle Nation) Brisbane Six Greek Australian’s appear on Australia’s Top 100 Young Entrepreneurs (under 40) 7 Family-owned and operated, Muscle Nation has tapped into Australia’s active lifestyle culture with products including clothing and supplements, and more recently protein bars sold at supermarkets nationwide.
Nathaniel Anthony and Chris Anastasi announced a nationwide deal with Coles in July for its bars filled with the same custard protein used in Muscle Nation’s supplements.
“It is rare to see an Australian online retailer successfully secure a deal with a large national grocer so when the opportunity presented itself we wanted to do something special,” Anastasi said at the time.
The online retail component for fashion is still the largest part of Muscle Nation’s business and has been growing rapidly over recent years, but the entrepreneurs are cognisant that growth can’t go on doubling forever and diversification is necessary to create new opportunities.
“Clothing has the better margins, but when you start looking at the volume that grocer has the potential to do, it’s incredible,” he says.
“Once you start ordering more the cost of goods comes down, and if you start working on volume, certain volumes get so big that they kind of eliminate the issue of margin.”
The supermarket/grocer side of the business, whereby the protein powders are packaged in pouches rather than the usual tubs in a bid to drastically reduce the amount of plastic, also provides an opportunity for cross-pollination of Muscle Nation’s products.
“ At the end of the day, if you walk into Coles now you’ll see Muscle Nation, and you might connect with the brand and want to buy our clothes online now. It’s kind of this circle of things that we do that keeps bringing the customer back to us,” Anastasi says.
To keep pace with growth, the company is set to open a new facility in early 2022.
42. Michael Christidis (Untitled Group) Melbourne Six Greek Australian’s appear on Australia’s Top 100 Young Entrepreneurs (under 40) 3 As the organisers of some of Australia’s most beloved and attended music festivals and events, Untitled Group had its job cut out for it as COVID-19 restrictions dragged on into 2021.
Against the odds, the five founders did everything they could to keep the spirit of Untitled Group glowing – after all, the show must go on.
With their big money making festivals on ice, including Beyond The Valley, Pitch Music and Arts, Ability Festival and Wildlands, the team pivoted.
During the period Untitled Group ran live-streaming events, launched a domestic artist agency with more than 30 artists already signed to it, purchased South Yarra nightclub The Emerson, and doubled staff numbers.
The company also began supporting Australian brands the founders loved, including investing in fellow Top 100 lister Mr Yum and a $300,000 investment in pear juice brand Bae Juice.
But with things looking brighter by the day for the music and arts industry, Untitled Group is charging full steam ahead with its 2022 programme with more than 100 COVID-safe events planned for the next 12 months.
This includes the return of beloved music festival Pitch Music and Arts, which is coming home to the Grampians in March with a stacked lineup including American DJ Maceo Plex and Australian techno talent Skin On Skin. 55. Alexis Soulopoulos (Mad Paws): ASX (MPA) Sydney Six Greek Australian’s appear on Australia’s Top 100 Young Entrepreneurs (under 40) 8 After building some serious momentum on the back of a boom in new pet ownership sparked by the pandemic, pet services giant Mad Paws listed on the ASX in March this year.Joined by a pack of furry friends, the company’s leaders rang the bell at the ASX building in Sydney – launching trading of MPA following an IPO which bagged Mad Paws $12 million in capital.Though the MPA shares remain hovering around the initial $0.20 IPO price, its presence on the boards represented a turning point for the company founded by co-CEOs Soulopulos and Justus Hammer alongside Jan Pacas in 2014.The company is in the process of growing its tech-focused online marketplace for services like pet sitting, dog walking, pet food and pet insurance.Since listing, Mad […]
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