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Outside in and Out and in as a Serial Entrepreneur

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Abstract

This chapter considers the serial entrepreneur as an outsider business leader. John Teeling heads up several exploration companies including Botswana Diamonds and Petrel, as well as Great Northern Distillery, which produces Teeling Whiskey. Tracking John Teeling’s career from his first business venture at the age of 14 years old, the chapter chronicles the objective eye of an outsider business leader who specialises in identifying underperforming organisations that have unrealised value within. John reflects on how one sees opportunity where others do not, and contemplates the value of being a purposeful outsider, consciously remaining beyond the confines of “joining” a particular organisation. A conclusion and reflection on the content therein closes the chapter.

This chapter is written by Felicity Kelliher; Chris O’Riordan; Patrick C. Flood; Malcolm Higgs

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Notes

  1. 1.

    Inter (or Intermediate) certificate was a state exam completed at age 14–15 in Ireland.

  2. 2.

    Net (net) asset value (NAV) is the value of an entity’s assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the US Securities and Exchange Commission are redeemed at their net asset value.

  3. 3.

    BES was a private investment tax incentive scheme supported by the Irish government to encourage private individuals to invest in business development opportunities within Irish companies.

  4. 4.

    Enterprise Ireland is the Irish government organisation responsible for the development and growth of Irish enterprises in world markets.

  5. 5.

    IDA is a non-commercial, semi-state body promoting Foreign Direct Investment (FDI) into Ireland through a wide range of services.

  6. 6.

    A brand of Irish whiskey, produced in Tullamore, Co. Offaly.

References

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Kelliher, F., O’Riordan, C., Flood, P.C., Higgs, M. (2019). Outside in and Out and in as a Serial Entrepreneur. In: Outsider Leadership. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-97463-7_6

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