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- Jul 24, 2015
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Hot & cold with his footy. Post footy ;
The downturn in Good's football career coincided with a boom in his business career.
It's a story that deserves a detailed airing in the Financial Review or BRW.
After stints as a spray-painter, panel-beater and truck-driver, Good's big break came in 1982 when, at 23, he put his house up as collateral to join Peter Johnstone – a former next-door neighbour in Tasmania – and start up a company called Integrated Packaging.
The initial small-time venture grew to become a world leader in the manufacture and distribution of stretch film, predominantly used to wrap cartons on pallets.
"I left school in Year 10, which a lot of successful businessmen seem to have done, so Integrated (Packaging) was probably my degree," Good says.
The company really started kicking goals when it patented a revolutionary wrap for hay bales. They had no competition for eight years and enjoyed worldwide success.
"When I'm driving around the countryside and I see them, it's a nice feeling," he says.
At its peak under Good and Johnstone, company turnover reached $100 million.
The pair sold Integrated Packaging in 2007 for a sum Good declined to disclose.
In the early '90s they had also formed the Goodstone Group, which now owns 10 hotels and the Big Bargain Bottleshop chain in Tasmania, and boasts a turnover of about $45 million.
Times have been tough in Tassie, but Good now plans to promote the island state's wines online. Asked whether he is a wine connoisseur, Good says: "Well, I sample enough of it."
Good owns racehorses with ex-teammate Mark Dawson and former Collingwood captain Wayne Richardson. Their racing colours are the Kangaroos' royal blue and white.
"It's an expensive hobby but it's fun," says Good, who won the 2008 Caloundra Cup and the 2011 Launceston Cup with Fast Future.
Thats an amazing story.