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Sir Ian Taylor: Kiwi entrepreneur wants to explore commercial viability of new museum on Auckland's waterfront · Best of Business

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  Speaker 1: You're listening to a podcast from News Talks'd be follow
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  Speaker 2: Move over Waterfront Stadium. Apparently, what if Auckland had its
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  Speaker 2: very own waterfront museum? Sir Ian Taylor of Animation Research
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  Speaker 2: and former wait Taketi mayor Sir Bob Harvey are calling
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  Speaker 2: for a walker shaped museum and exhibition center to be
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  Speaker 2: built on Winyard Point. They reckon they could do the equivalent,
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  Speaker 2: the Auckland equivalent of the Sydney Opera House. Sir Ian
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  Speaker 2: Taylor's with us now, Hi, Enn, Hi, how are you? Yeah? Good?
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  Speaker 2: Thank you? Who's paying?
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  Speaker 3: Yeah? See, everybody starts with their question. Yeah, so I
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  Speaker 3: start with I'll just start with another one. So this,
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  Speaker 3: first of all, isn't my idea. It's an idea that
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  Speaker 3: has has that that really interested me coming from Dunedin
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  Speaker 3: as I looked at it and the and the story
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  Speaker 3: it was telling. So in all the projects we do,
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  Speaker 3: and I guess it'll be fair to say I have
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  Speaker 3: a we do have a track record here of getting
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  Speaker 3: things done. I always start with what if, And it's
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  Speaker 3: kind of like what if that was all already there
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  Speaker 3: on that point. It was a world class facility telling
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  Speaker 3: this story. Would it make money? We start with I
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  Speaker 3: think what the people behind this. The reason I've stepped
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  Speaker 3: up is because I just wanted at least to come
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  Speaker 3: into the conversation. Because conversations happened, and you know somebody,
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  Speaker 3: then I know there's someone else. Put a stadium there,
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  Speaker 3: someone wants to make it a park, someone wants to
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  Speaker 3: do something else. I really really saw a strength in
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  Speaker 3: this that I just felt needed to be brought to
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  Speaker 3: the surface and discussed. And one of the important discussions
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  Speaker 3: around that will be how does it get paid for?
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  Speaker 3: I think if we saw that, people actually thought, actually,
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  Speaker 3: that's a really good idea. The next phase is the
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  Speaker 3: full budgeting of it. And then you would never do
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  Speaker 3: it unless it made commercial sense. I'll give you two examples.
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  Speaker 3: One while watch Kai Kuda Wally Wally Wally came to us,
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  Speaker 3: the CEO came to us with that and he had
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  Speaker 3: this idea and he didn't have it. He said, don't
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  Speaker 3: give me a budget. I'm going to assume you deliver
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  Speaker 3: everything you said you could deliver. I'm going to price
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  Speaker 3: our tickets on the basis of that, and on the
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  Speaker 3: basis of that he came back and said, here's your budget,
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  Speaker 3: and it was twice as much, twice more than we
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  Speaker 3: need it. And I think that's the exercise. If this
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  Speaker 3: doesn't make financial sense and people can't make money out
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  Speaker 3: of it, you don't do it. Who prays Well, it
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  Speaker 3: could be a range of anybody. It could be, it
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  Speaker 3: could be an EWI, it could be in a fully
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  Speaker 3: commercial operation, it could be you know, and that there
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  Speaker 3: are examples all over the place where that works. So
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  Speaker 3: commercially it has to work. We shouldn't be asking one
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  Speaker 3: thing we want. Well, one thing the group is talking
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  Speaker 3: about is it's important not to rely on the government
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  Speaker 3: for money.
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  Speaker 2: That's a great starting point there.
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  Speaker 3: I think it's where everybody's going to start.
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  Speaker 2: So Ian Taylor, Animation Research Managing Directive.
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