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Referred to as the “Netflix for training”, GO1 is shaking up the workplace training market by providing a one-stop-shop for all business training solutions.
By
LIN EVLIN, Presented by
LIN EVLIN

Source:
SBS Small Business Secrets
12 Sep - 1:32 PM  UPDATED 17 Sep - 2:04 PM

The Australian online training and education market is estimated to be worth $5 billion dollars. 

Childhood best friends Vu Tran and Andrew Barnes found a gap in this market, co-founding their business GO1, a marketplace for online training modules targeted towards businesses globally. 

"We were looking at education and there really wasn't a single solution," explains Andrew.

"It's a massive global market and it's something that not really anyone's trying to capture at the moment."

"Customers like to think of us as the Netflix for training," adds Vu. 

"Customers like to think of us as the Netflix for training."

"They can come to us to source any type of training that they're looking for, for their employees, whether it be bullying, harassment, fire safety training or even things like professional development training, like Microsoft Office." 

Despite the company's young age (GO1 was created in 2015), the business has reached over one million users on its website, counting Foxtel, BDO and the Football Federation of Australia as its customers.

It also works with not-for-profit organisations such as domestic violence awareness training provider Australia’s CEO Challenge to build and provide software platforms to house its training modules.

"We weren't experts in delivering an online learning, we had the online learning product but we didn’t have the vehicle to push it out through,” explains Jacque Lachmund, chief executive of Australia’s CEO Challenge.

Last month, GO1 raised $10 million in Series A funding, led by Australian online recruitment company, Seek.com.

But despite such meteoric success, co-founder and Chief Growth Officer, Vu came from humble beginnings.

"My parents fled Vietnam and for two days and two nights, dad took them on this little boat with his family and 10 other people from Vietnam to Thailand," he says. 

"My parents fled Vietnam and for two days and two nights."

"They ended up in a refugee camp where they spent about six months to a year, where they were finally approved by the UN Refugee Program to go to Australia in 1980."

Vu, who trained as a doctor and still practices medicine one day a week, attributes his family's sacrifice as what has propelled him to the success he has achieved to date.  

"It's a big part of who I am and what I do," says Vu.  

"I think knowing what mom and dad have done for us, what they've done for the family, that makes me want to be able to give back to my family and is definitely a big part of what drives me today." 

"I think knowing what mom and dad have done for us, what they've done for the family, that makes me want to be able to give back to my family." 

GO1’s swift growth and expansion have resulted in challenges for staff recruitment.  

“It's not just about good talent but experienced talent as well, people who have been there and done that - particularly when you're looking to hire ten people in a week or a month," Andrew says. 

“That can become a bit of a challenge.”

For Andrew and Vu, they found it difficult to not only fill technical jobs but also roles in customer management and product development.

"Even a topic like product management, because there's not a lot of people with that sort of product management skill set in Australia,” says Andrew.

“Whereas in the San Francisco Bay Area, in Silicon Valley, there's much more depth of that experience."

The business has worked to nurture talent through internal training and promotion, as well as providing internship collaborations with local Brisbane-based universities.

Watch the full episode here.