Many people dream of being their own boss, but going out on your own and surviving as an entrepreneur requires a big commitment.
Irishman Trefor Murphy moved to Dubai in 2012 to lead the Middle East division of international recruitment firm Morgan McKinley. Four years later he decided to make the leap and put together a management buyout of his company’s regional business, rebranding it as Cooper Fitch and installing himself as sole founder and CEO.
Murphy will describe his journey from employee to entrepreneur during the latest Arabian Business Startup Academy, which will take place on March 27 at the Grosvenor House hotel. Murphy will also be joined by two experts to give advice to those thinking of going down the same route: Lee McMahon, co-founder of the Support Legal firm, who will talk about what managers considering a buyout should keep in mind, while Kim A. Page, a communications expert and executive coach, will give some tips on how executives can make the transition from employee to boss.
Once entrepreneurs start down the road to being their own boss, one of the biggest decisions they will eventually have to make is determining when is the right time to step back from the company they have created and let external investors come in and run things. To sell or not to sell: the right time to exit your start-up will be the hot topic for our panel discussion at March’s academy.
The participants will include Mohammed Alsehli, a serial entrepreneur, innovation strategist and service management expert; Musfique Ahmed, the co-founder of online real estate crowdfunding platform Smart Crowd and Hosam Arab, the CEO of Namshi.com, who recently announced he was stepping down from the online retailer after it was bought out by Noon.com
Our final panel discussion will focus on one of the biggest events on the Dubai calendar in the coming month, Expo 2020, and how small companies in the region can benefit from the success of this event.
Tina Ghanem, director of the new Online Marketplace at Expo 2020, will outline how start-ups and entrepreneurs can be involved and get the most out of this showcase opportunity.
The event will conclude with a presentation by Sam Tayan, Managing Director of Sage Middle East, who are the sponsors for this month’s academy.
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