Cultivating a thriving Sunshine Coast economy and building a culture that rewards risk-taking in our budding entrepreneurs is the focus of a forum titled Failure: Friend or Foe to be held in Maroochydore.
Generation Innovation Founder and now LNP candidate for Fairfax Ted O’Brien said some of the region’s most successful entrepreneurs would reveal the ways they’d used failure to drive their success.
“Embarrassment and fear trap potential. As a community we need to stop looking down on those who try and fail,” Mr O’Brien said.
“We need to reward risk-taking, embrace the failed attempts, be empowered by the learning and then strive for better outcomes”.
Leading the discussion is Nick Cater, Executive Director of the Menzies Research Centre, former editor of The Weekend Australian and regular panellist on The Drum.
“We need to embrace failure as a learning opportunity. Successful businesses are those which have the resilience to learn from mistakes,” Mr Cater said.
“The Ford Motor Company was one of the most successful businesses in history. But what’s often forgotten is that Henry Ford’s first two businesses went bust.”
Nick Cater will be joined by Peter Grant from the Sunshine Coast Innovation Centre and Zach Johnson from Spark Bureau.
And one of Generation Innovation’s young entrepreneurs Harry Thompson will demonstrate first-hand how the not-for-profit organisation helped him unlock his potential to realise his Swift Smoothies dream.
“GI enabled me to kick start my own business while I was still finishing school,” Mr Thompson said.
“And I’ve expanded from one shop to two before the age of eighteen but without the help of GI, I simply wouldn’t be in this position.”
Through Generation Innovation, Ted O’Brien has assisted dozens of young entrepreneurs like Harry.
“Generation Innovation is about creating job opportunities and keeping our young talent on the Sunshine Coast,” Mr O’Brien said.
“We provide a link for young entrepreneurs to the local business community, mentoring and seed funding to give young people the opportunity to unleash their business concepts through innovation,” he said.
Growing Sunshine Coast Entrepreneurs (Breakfast Forum)
7:00am – 8:30am
Thursday 21 January 2016
Sol Bar – Ocean Street, Maroochydore
Sol Bar, Maroochydore
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