Interview
Fact file
Andrew Fineran
Co-founder of boutique brewing company
Batch Brewing Co; age 43.
Lives in Sydney; married to Brie.
Andrew became interested in marketing beer as a teenager; he built a nest egg by saving tips while working at Taco Bell. His advice on managing money is that you don’t need the fancy things in life; prefers to save to buy a house rather than wear fancy sneakers, etc. Regrets not playing lacrosse, his favourite sport, at university. Biggest influence has been Brie. “She supports me, not only mentally, but also by allowing me to do what I do”. Migrated to Australia from the US state of Maryland.
He tracks his passion back to an economics course he undertook in the US, his homeland, as part of a major in marketing.
The realisation dawned that brewing was one of the best industries to be in because, in good times, people drink beer. In bad times, they drink more beer.
He recalls thinking: “It’s pretty safe and stable. Maybe I’ll do that. I don’t need to drink a lot of beer myself. My favourite part is the smell of it being brewed. I love that more than drinking it. Also, I love creating a place for people to come together and to enjoy themselves. It’s all about a sense of community.”
Fineran met his business partner, Chris Sidwa, while playing lacrosse. Sidwa, also an American, had been mulling over the idea of quitting his job to start a brewing business, a hobby he had been pursuing at home with brew kits. Fineran’s skills were in marketing, and he was working for Lion, one of Australia’s major brewers. That included a stint at Mountain Goat, a boutique operation bought by Lion.
Esta historia es de la edición July 2022 de Money Magazine Australia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 2022 de Money Magazine Australia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
An outrageous, beautiful monopoly
Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.
Drop the anchor to judge value
Buying and selling decisions should be based on where a stock price is going, not where it has been.
Powering the AI boom
Beyond the software and chipmakers, where will the energy come from?
Get into life
Tucked inside super are products that can protect you from life's inevitable uncertainties.
Paths to home ownership
Taking the road less travelled can sometimes deliver unexpected benefits.
Sold! Quick ways to add value
Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.
Money lessons the kids need to know
Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.
Property-investing rules: are they likely to change?
The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.
What's love got to do with it?
A rollercoaster of emotions could be driving poor crypto behaviour.
Are we ready to be cash-free?
Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.