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40 Under 40 winner of the day: Steven Kidd

Business

Steven Kidd transformed his fit-out company into a national entity that services high-profile clients and spaces.

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Pinnacle is a building, retail and commercial fit-out and project management company headquartered in Adelaide.

Owned and operated by Alby and Steven Kidd, Pinnacle has grown from a modest family-run business in 2000 into a multi-million-dollar organisation with Adelaide, Perth, Melbourne, Sydney and Canberra offices.

The company offers retail, office, commercial, food and hospitality fit-out services as well as construction, project, property and facility management operations.

Recent Pinnacle projects include Adelaide’s Jamie’s Italian, Perth’s Basilica Open Kitchen and Adelaide’s Local Government Finance Authority of South Australia, among others.

The company has 30 direct employees as well as a roster of sub-contractors.

Kidd has also established the Kidd Retail Group, which designs, builds and runs venues.

Kidd Retail Group’s portfolio includes the Lady Burra Brewhouse in the city, The Noble Gentleman, Two Suns Rooftop and Frequency.

In June, Kidd was named in InDaily’s 40 Under 40, which recognises the best and brightest young business people in South Australia.

What is the single most important lesson you have learnt in your business career so far?

Strong relationships are extremely important. This relates to all clients, suppliers and, most importantly, staff.

What do you believe are the strengths of doing business in South Australia? 

Adelaide is a geographically central city in Australia. Also, the cost of running a business in South Australia is very competitive compared to other places.

What do you believe are the weak points of conducting business in South Australia?

Our smaller population – every component of business must be managed extremely well. I also cannot miss any opportunity.

Do you see your future in South Australia? 

Yes, absolutely. South Australia is an exciting place to do business. The potential is huge and the opportunities are constantly growing.

How can the state encourage more of its young leaders to stay? 

South Australia should, wherever possible, support local business. This ultimately supports the state’s economy. The growth of this state is very important to provide enough opportunities for our home-grown young leaders to stay.

To see the full list of 40 winners go here.

InDaily is profiling each of the winners – go here to read more.

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