Posts Tagged ‘entrepreneur’
This is the second instalment of our advice on country selection. As we said last time when it comes to exporting it is always crucial to have done some homework before committing. continue reading
There has been a huge surge in the use of smartphones amongst Irish business owners and in the development of Irish smartphone apps. There are lots of online ‘top 10′ lists on apps for businesses but lets not forget those that are homegrown. continue reading
Many start-ups are moments away from success but we all know that for most of us the first years of any successful business are the toughest. They test you mentally and physically and often become too much for some people. continue reading
Introducing www.mytutor.ie a new service for finding classes, courses and tutuors in Ireland… continue reading
Company: Tobin Shipping & Transport Ltd
Website: www.tobinshipping.ie (off line in Jan for re work)
Founders: Simon & Simone Tobin
Staff Number: 3
Date started: 11th October 2010
Tell us what your business does?
Tobin Shipping & Transport is a European logistics Company, providing a comprehensive intelligent logistical service.
What does this mean?
It means that we draw on years of experience and a large global logistical network that has daily co-operation between a large numbers of highly motivated people, from a variety of countries and cultures.
Tobin Shipping & Transport uses this know-how to set high standards in the industry. Our European & Global network is constantly growing. The standards of the European Logistics business network also extend to transport solutions in the Middle East, Asia and the USA.
Our aim is always to be a premier logistics service provider with a strong focus on a partnership approach to Customers and Suppliers. Since our establishment, we have achieved consistent tailored logistical solutions through continued research and development, and through strategic partnerships.
· National transport & distribution
· Daily UK Transport
· European Transport & shipping
· Ocean Freight
Where did the idea for your business come from?
Our family have been in the shipping and transport industry since 1946, and have built up many business in Ireland & the UK. I have now taken on the legacy and established a new business with a reach into Europe, Asia and the USA.
I had worked in the industry for the past 19 years and achieved senior roles in major European logistics companies and plc’s, following restructuring of the company I last worked for I was made redundant, and decided to take up the family tradition and commenced my own business.
Have you always wanted to run your own business?
Yes, I stayed out of the family business and went my own way in the corporate world but always had the itch to do it for myself.
What planning did you do before you started up?
5 months of planning, networking and seeking agents / suppliers globally. Draft business plans and all the legalities and administration infrastructure that is required.
Which entrepreneurs do you admire?
Denis O Brien
Michael O Leary
What challenges have you faced how have you overcome them?
Rising Fuel Prices
These are the two main challenges that are a daily on-going problem, we are striving to partner up with other similar / related business to collectively buy services and negotiate on credit terms. With regard to fuel which is 32 % of cost in road transport, we constantly seek to try get a fuel surcharges but struggle. It is the norm in the UK and Europe.
How have you promoted your business?
Daily and hourly, via networking
Are you optimistic about 2011?
Yes, down to my own belief in myself and the will and drive to succeed.
What advice would you give to budding entrepreneurs?
Do your research, you are always leaning, you will never be an expert or know everything, constantly network and meet people, be honest and humble, know who you are and where you came from, never give up, work hard but keep your family values and work life balance, take calculated risks but never gamble, close your eyes and imagine where you want to be in life and business, and live it, act ON IT > GO FOR IT !
(Extract from article BR Dowling)
1. Some people just don’t want to…great no issue, being an entrepreneur is not the be all and end all. The majority of people who work for themselves work extremely long hours just to get by. Many many others try and fail. Unless you are an extremely unbalanced individual most of us know that the ultimate goal is to lead a happy and fulfilled life during our short allotted time on planet earth. What is a happy and fulfilled life is for each and every one of us to define for ourselves. It is ones of life’s great gifts that we get to set our own standards and goals the fact that many people choose badly and end up miserable is outside the remit of this article. The fact remains that your family, peers, colleagues and every dog on the street may be telling you that fulfilment lies in money/ fast cars/ high profile promotions etc. You are free to decide that for you its flip flops a surf board and enough cash to get by. Screw them it is your life…if you can achieve true happiness for the majority of your life you my friend are the real winner in this silly little game.
2. The Fear Factor…. Given that you are reading an article like this you probably are not surfing at the moment, so you think that you want a crack of the entrepreneurial whip. Ok then. The Fear Factor holds more people back from starting their own business than probably anything else. The old ‘what if’ deamons have caused millions of would be entrepreneurs to turn back and walk away from the scary dark edge with its lurking dangers and uncertain hidden treasures. For its sheer ability to slay ideas and dreams the fear factor remains the number one reason that people do not give it a go.
3. People are lazy…..Sad but true may people would kind of like to be successful but will never make the effort to actually make it happen. It is so much easier to talk about doing stuff and to wait ‘till the time is right’ than to actually go for it. If you are in this category please take the following advice. Admit it to yourself!!. By giving up the game you will take the pressure off yourself, focus on something else that you enjoy and get on with your life. This may seem harsh but it is a case of being cruel to be kind. There is a window of opportunity in everyone’s life to start their own business, this is not age specific but for every Colonel Saunders who founded KFC in his sixties there are hundreds of people who put themselves financially and physically at risk at a time in their life when they should be looking to retirement. There are exceptions to every rule but being successful involves being smart and realistic.
Important note: beware the disgruntled would be entrepreneur, this is a dangerous breed that will be full of stories about how they nearly invested in this or that that would have made them a fortune. They nearly patented some form of widget that would have been a runner etc. Avoid at all costs, they will have nothing positive to say about your plans but will be able to tell you how they tried ‘something like that’ and it didn’t work out. They will hate to see you succeed, you don’t want to be around this kind of energy.
4. People lack personal confidence and therefore (they think) the ability to run a business. A lack of personal confidence will kill the entrepreneurial spirit in those afflicted by it. It undoubtedly has other negative implications on their life but again these falls outside the purpose of this book. Entering the battleground of business with little or no personal confidence or self belief is as stupid as it gets. Sort it out…life is too short.