Podcast
Leaving a corporate banking career for the start-up world: Alisdair Barr, Founder & CEO of Striver
From leaving a cushy corporate banking job to working for a social enterprise in the desert to launching Striver, Alisdair’s story was a fascinating one to listen to!
About the guest
Alisdair Barr
Founder & CEO at Striver
Alisdair Barr spent nearly 10 years in corporate banking and finance before leaving to run a social enterprise delivering financial literacy programs in remote indigenous communities in Western Australia. That work led him into graduate recruitment, and Striver, now in its latest HR-tech iteration, grew from eight years of placing finance graduates with firms. He has made over 400 successful placements and is now expanding Striver into the tech sector.
Episode overview
Alisdair Barr’s path to founding Striver is one of the more unusual origin stories in Australian startup land: a decade in corporate banking, then selling the house, going to the desert to run financial literacy programs for indigenous communities, running out of money, and eventually stumbling into graduate recruitment because his banking network kept asking him to help them find people.
Striver is now an HR-tech platform that connects finance and tech graduates with firms looking for their next generation of talent. The business launched its tech version in 2019 after Alisdair raised money from 13 or 14 early investors and digitised what had previously been a manual placement operation. In this episode he talks through the full journey, what he’s learned about hiring young people during COVID, and why growing your own talent beats competing for experienced hires.
From the banking floor to the Western Australian desert
After nearly a decade at a bank he loved, Alisdair left not because of a competitor offer or dissatisfaction, but because he wanted to leave a footprint. He spent 18 months commuting between Sydney and remote communities in Western Australia, running workplace readiness programs for mining companies. It was personally the most rewarding work of his career, even if financially it was not. A mentor asked him the right question: when you’re 94 on a park bench looking back, will you regret not doing this? The answer was yes.
“I really wanted to leave a footprint. I loved the organisation I was in but I just really wanted to be able to look back and go, I did that.”
Alisdair Barr 05:00
The perfect storm that made Striver digital
Between 2017 and 2019, Australian financial services was hit by the banking royal commission, rising education standards, and a mass exodus from the profession. Alisdair had been running a lifestyle placement business for several years, spending three months in the Greek islands then coming back and placing graduates. A friend with a tech background kept pushing him to turn the lifestyle business into a real company. The royal commission created the window he needed. He raised funding, digitised the operation, and relaunched as Striver in September 2019.
“My friend was in my ear saying when are you going to turn this lifestyle business into a real business, and I was like I quite like the Greek islands, thank you very much. Then the banking royal commission happened and I thought, if I’m ever going to do this, now is the time.”
Alisdair Barr 12:00
Why growing your own beats hiring for experience
Alisdair is direct: companies that are unwilling to hire graduates while simultaneously complaining about talent shortages are creating the problem themselves. Finance firms already understand this, which is why Striver was built for that market first. Now moving into tech, he argues that engineering graduates with side projects, GitHub portfolios, and part-time jobs are often more motivated and loyal than experienced hires who may bring bad habits along with their credentials.
What COVID revealed about young talent preferences
One of the most unexpected findings from the pandemic: university graduates want to go to an office. Companies that went 100 percent remote as a selling point discovered that students who had spent two years in their parents’ lounges didn’t want remote work as their first professional experience. They want the canteen, the Friday drinks, the social infrastructure of a workplace. Alisdair says he never would have predicted that shift.
“We had candidates say they’ve never had an on-campus university experience. And then businesses were saying we’re 100 percent virtual, isn’t that great? And the students said, I started my career in my mum’s lounge, I want to go to the office.”
Alisdair Barr 30:00
Key takeaways
Chapters
00:00Introduction and what Striver does03:00Alisdair’s 10-year banking career and the decision to leave07:00Running financial literacy programs in the desert10:00How Striver started: starving into a business12:00The banking royal commission and going digital16:00How Striver finds and attracts student candidates20:00Hiring graduates vs experienced workers: the grow your own argument24:00Design meeting technology: creative graduates and engineering27:00Hardest parts and what went wrong30:00COVID and the surprising preference for office work34:00Future of Striver: enterprise platform and tech expansion
Mentioned in this episode
Frequently asked questions
What does Striver do?
Striver is an HR-tech platform that connects finance and tech graduates with firms looking to hire entry-level talent. It operates as a double-sided marketplace: students find it through university partnerships, digital content, and career events, while firms use the platform to attract and assess candidates. Striver also provides coaching and preparation support to candidates to improve their interview and assessment performance.
How did Alisdair Barr go from banking to founding Striver?
Alisdair left banking after nearly 10 years to run a social enterprise delivering financial literacy programs for indigenous communities in remote Western Australia. When that work ran out, his banking network started asking him to help them find graduate talent. He spent several years running a manual placement business before digitising it as Striver in 2019, triggered by the opportunity created by the banking royal commission.
Why does Striver focus on growing your own talent rather than experienced hires?
Alisdair argues that businesses willing to invest in hiring and developing graduates build significantly more loyal teams than those competing for experienced hires. Graduates who are taken through a supported pathway, given real project work, and developed within the organisation tend to stay longer and perform more predictably than experienced hires who may bring habits that don’t suit the culture. Striver’s value proposition is built around making that pathway structured and low-risk for firms.
What did Striver learn about young people during COVID?
Counter to many expectations, Striver found that graduates and students strongly prefer going into an office over working remotely, especially for their first job. Students who spent their university years on Zoom didn’t want their early career to be the same experience. Companies that positioned full-remote as a selling point found it was actually a deterrent for early-career candidates who wanted the social and professional infrastructure of an in-person workplace.
Is Striver expanding beyond financial services?
Yes. Striver started in financial services because that was Alisdair’s network, but the business has been expanding into technology. The enterprise version of the platform is designed to serve clients across finance, marketing, and engineering disciplines, reflecting how fintech firms increasingly need candidates from multiple backgrounds and how engineering graduates often want to move into finance or adjacent industries.
Topics discussed
Full transcript
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Show full transcript (39 minutes, 7 sections)
00:00 Introduction and what Striver does
Alisdair Barr introduces Striver as a double-sided marketplace connecting early-stage careers with firms looking to hire the next generation. The platform has a machine learning element to help firms make better hiring decisions and young people make informed decisions about their first career moves.
03:00 Leaving banking and going to the desert
Alisdair describes his nearly 10-year banking career, his love for the organisation, and his decision to leave not for a competitor but to pursue impact. He spent 18 months commuting between Sydney and remote communities in Western Australia, running financial literacy and workplace readiness programs for mining companies. He describes it as the most personally rewarding work of his career.
10:00 Starting the business: starving into it
Alisdair describes how Striver started not from a strategic plan but from necessity. His banking network kept asking him to help find people. He started placing finance graduates with the firms he knew, knocked on doors at university finance departments, and grew what he describes as a lifestyle business that funded trips to Europe between placements for several years before the opportunity to scale emerged.
12:00 Going digital: the royal commission and raising funds
The banking royal commission created a perfect storm of education standard changes and talent flight from financial services. Alisdair raised funds from 13 or 14 early investors, redesigned the product as a digital platform, and relaunched as Striver in September 2019. The mission: make financial services sustainable by attracting young people who aspire to be there.
16:00 Finding students and the challenge of talent acquisition
Half of everything Striver does is attracting young people to the platform. They use university partnerships, digital content, in-class presentations, career hubs, and partnerships with brands like MYOB and Colonial First State to raise awareness. Alisdair and Steve discuss the future of career fairs and whether internships and early project work are becoming more valuable than traditional recruitment pipelines.
20:00 Growing your own talent vs hiring experienced people
Alisdair and Steve discuss the paradox of companies complaining about talent shortages while refusing to hire people without three to four years experience. Alisdair makes the case for growing your own: graduates with strong portfolios, high work ethic, and no bad habits built in existing cultures are often better bets than expensive experienced hires with high expectations and potentially poor cultural fit.
30:00 COVID, remote work, and what graduates actually want
The conversation turns to what COVID revealed about young workers. Companies that went fully remote as a selling point found it was actually a deterrent: students who had spent their university years at home wanted the social and professional experience of an office. Alisdair describes interns excited to wear new office clothes and candidates who specifically wanted in-person roles as their first experience of professional life.
About the host
Steve Grace is the founder and CEO of The Nudge Group, a technology-focused recruitment and advisory business. He has built and scaled companies across Australia and the US, and hosts Give It A Nudge to spotlight founders and operators building something meaningful.
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