Posts Tagged ‘success’

International Council for Small Business – World Conference on Entrepreneurship 2014

The 59th Annual International Council for Small Business World

Conference took place in Dublin, Ireland from11-14 June 2014 at Double Tree by Hilton Dublin

Last week as part of ICSB 2014 World Entrepreneurship Conference I attended a dedicated Entrepreneurs Day on Wednesday June 11th organised by the Dublin Institute of Technology. This day was titled Standing out from the crowd; funding innovation and leadership

This event was targeted at those entrepreneurs who wish to learn first-hand how successful entrepreneurs have grown their businesses from start-ups to commercially thriving operations. The day focused on creativity, funding, leadership innovation  as well as  social media as it is applicable business.

It was a very comprehensive series of talks which included addresses from Raomal Perera on how to raise money through successful crowd funding campaigns and Nigel Newman from the DeBono Foundation encouraging lateral thinking and reimagining success by helping to release and realise creativity within organisations.

Serial entrepreneur Noelle O’Connor and Dragon’s Den star Gavin Duffy  also gave their insights into building successful businesses in Ireland

The final address of the day was given by Michael Houlihan and Bonnie Harvey who are serial entrepreneurs, industry reformers, successful brand builders, and co-founders of hugely successful Barefoot Cellars.

It was a great forum for entrepreneurs to talk practically with fellow entrepreneurs and I certainly left with a better understanding of good leadership skills, new problem solving techniques and a fresh approach to social media for success.

Thanks to the DIT for organising and I along with my fellow entrepreneurs certainly left with several new ideas that will be readily implemented.

Key words

Entrepreneurship, funding, innovation, leadership, Serial entrepreneur, crowd funding, brand, success, social media,

Related links

http://www.icsb2014.org/entrepreneurday/entrepday.html

http://www.som.cranfield.ac.uk/som/p17085/people/faculty/visiting-fellows/modwenna-rees-mogg

http://www.icsb2014.org/

Further reading

http://edwarddebonofoundation.com/

http://thousandseeds.com/who-we-are/

http://www.dit.ie/postgrad/programmes/dt353mscinbusinessandentrepreneurship/

Twitter handles to look at

https://twitter.com/modwenna

#OutFromCrowd

https://twitter.com/ICSB2014

https://twitter.com/DITHothouse

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The Real Wolf Of Wall Street- Jordan Belfort Entrepreneurship and Innovation Seminar in Dublin

Jordan Belfort

Jordan Belfort

On May 27th I attended Jordan Belfort giving his seminar The Truth Behind The Success Of The Real Life Wolf Of Wall Street, in Dublin.

Jordon inspired the Hollywood blockbuster The Wolf of Wall Street delivered a great talk courtesy of CollegeTimes.com including his formula for success and creating wealth.

Belfort, who had made more than $50 million by his mid-twenties and had raised over $1.5 billion in venture capital, started up multiple companies also revealed the eight skills he feels you must know for business, sales and entrepreneurial success.

The businessman’s autobiographical book, The Wolf of Wall Street became a New York Times best seller sold millions, sparking interest from Hollywood. The movie, directed by Martin Scorsese, was based on the motivational speaker’s book. It grossed over $375 million worldwide and landed lead Leonardo DiCaprio an Oscar nomination.

Jordon was speaking in Dublin as he is convinced now is the “greatest time” in Ireland for start-ups to make their fortune.

“The greatest opportunities are after the cataclysm – but very few people will really take advantage of them,” he said. “Those who do it are the vulture guys – who will swoop in when things are at the bottom. “Jobs are created and wealth is created that way, so I would really try to encourage an entrepreneurial mindset,” he said.

Now, a decade after his conviction and after serving 22 months of a four-year prison sentence and being ordered to repay $110.4 million to a victims’ compensation fund, Belfort has turned his notoriety into a business as an entrepreneur

Through his company, Jordan Belfort Global, he is an author and a motivational speaker based out of Manhattan Beach, California.

Interestingly his Ex-partner Porush, has started a successful medical supply company in Florida after doing his prison sentence.

Here are some lessons from Belfort’s entrepreneurial path from his recent blog post.

  1. Listen to wise men: Belfort came up with the idea to write a book about his life from his cellmate who happened to be Tommy Chong, of Cheech and Chong fame. Chong was in prison for some entrepreneurial activity of the illegal variety: serving time for selling bongs over the internet. Chong found Belfort’s stories hilarious and urged him to write them down. Belfort read and studied Tom Wolfe classic The Bonfire of the Vanities while in jail to figure out how to write his own story.
  2. Know how to verbalize your story: Dan Alonso, a former federal prosecutor who handled Belfort’s case, was so impressed with Belfort’s speaking chops that after he got out of jail, he invited him to the Manhattan district attorney’s office, where Alonso works now, to give a speech to prosecutors in that office. He also goes to dinner regularly with the FBI agent who made the case against him, who told New York magazine that Belfort “was a reprehensible” guy from a moral perspective, but today, Belfort now 51, can still entertain with his stories.
  3. Think rich: As a motivational speaker, Belfort focuses on teaching people about wealth creation. “I believe in total immersion, if you want to be rich, you have to program your mind to be rich,” he said. “You have to unlearn all the thoughts that were making you poor and replace them with new thoughts—rich thoughts.”

Further reading

Jordan Ross Belfort. (2014). The Biography.com website. Retrieved 12:52, May 30, 2014, from http://www.biography.com/people/jordan-belfort-21329985.

http://en.wikipedia.org/wiki/Jordan_Belfort

http://jordanbelfort.com/

Key words

Entrepreneurship, Sales, Innovation, persuasion, communication, venture capital, wealth, success, business skills, small business owners, start ups.

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The Winner Effect: The Neuroscience of Success and Failure

Lunch Time Talk given by Ian Robertson, Professor of Psychology at Trinity College Dublin
by Dr John McKeon

John McKeon, Ian Robertson & Bridget Noone

John McKeon, Ian Robertson & Bridget Noone

Trinity College’s very own Prof Robertson was on the John Murray show yesterday on RTE radio one speaking about how the effects of power can influence brain chemistry and behaviour.

The context was the recent ‘Anglo tapes’!

As we prepare for our next Lunch and learn on Friday 12th July 2013 I wanted to take the opportunity to recap on the excellent lunch and learn that Prof Robertson gave back on March 20th of this year.

As you may well know Professor Ian Robertson is Professor of Psychology at Trinity College Dublin and was the founding Director of Trinity College Institute of Neuroscience. He is a member of the Royal Irish Academy.

Ian Robertson is also author of “The Winner Effect: The Neuroscience of Success and Failure” so you can see why he was asked by RTE to comment on the culture issues we have recently heard in the banking world!

Ian gave a wonderful talk to a packed audience in the Science gallery about how to leverage the science of success to get more success with particular reference to brain chemistry.

The content, strategies and tactics of the talk were all extremely relevant to entrepreneurship and new enterprise growth. Wearing a red tie at business meetings and the mystery of the cichlid fish were favourites of mine. Read his book to find out more!

In his key note address Prof Robertson asked questions like; What makes a winner? Why do some succeed in business, and others fail? And why do a few individuals end up supremely powerful, while many remain powerless?

Ian explained that the ‘winner effect’ is a term used in biology to describe how an animal that has won a few fights against weak opponents is much more likely to win later bouts against stronger contenders.

Success changes the chemistry of the brain, making you more focused, smarter, more confident and more aggressive. The effect is as strong as any drug. And the more you win, the more you will go on to win. But the downside is that winning can become physically addictive.

By understanding what the mental and physical changes are that take place in the brain of a ‘winner’, how they happen, and why they affect some people more than others, he answered the question of why some people attain and then handle success better than others.

With particular relevance to early stage business he also explained what makes a winner – or a loser – and how we can use the answers to these questions to understand better the behaviour of our business colleagues and employees.

This coming Friday 12th July 2013the Trinity Enterprise Network will be hosting Philip McKernan for a Lunch and Learn at The Tower, Trinity Technology & Enterprise Campus – 12.30 – 2.00 pm. Phillip will be giving his talk on The Authenticity Code

Further reading:

http://www.thewinnereffect.com/

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