Irish entrepreneurs willing to pitch in to get Celtic Tiger back on its feet
Other businesspeople were pessimistic about the Irish economy and critical of the government’s handling of the crisis, but said they were willing to help out. “I believe there’s an obligation on successful Irish business professionals and entrepreneurs to give something back to an economy that’s clearly struggling,” said Conor Foley, CEO of Worldspreads, a markets trading company which recently sold its Irish division for just over 11 million euro.
Foley is also the founder of the Irish International Business Network and a mentor in the Endeavour programme.
“The country could be bankrupt in two years time. The 70 million plus diaspora can assist Ireland get out of what could be an irrevocable position.”
Endeavour should be replicated in Ireland and internationally, wherever there are Irish entrepreneurs, Foley suggested. And although the starter-businesses have most to learn from the experience, mentors can gain too. “With every single entrepreneur or businessperson that you meet you get new ideas,” Foley said. “None of us are closed to the idea of learning, even from people coming behind us.”