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In response to our E-zine on Friday, about being depressed, disheartened, dejected and down in the dumps for the weekend I like to give you an alternative view.

I read the newspapers in Holland (world cup!) and there is a distinct difference in the language that used when talking about the recession. The narrative we are currently using in Ireland is too negative. If we belief the papers, the commentators, the economist and a whole range of other ”experts”, we might as well drive to the cliffs of Moher and jump.


That narrative does not celebrate or encourage entrepreneurship and opportunity. Let me try to give you another narrative.

There are 1000s of businesses doing very well and are using the opportunities that an economic downturn bring (all research show that recession is the best time to start a business).  I can tell you hundreds of stories of unsung hero entrepreneurs plodding away, waving the flag for Ireland Inc across the globe. They are everywhere.

Ireland has the opportunity to supply the whole of Europe with clean, green energy. The west coast of Ireland has the best waves and wind in the world.  There are entrepreneurs currently working on capturing those opportunities.

Boxing above their weight

Irish business people have an excellent reputation abroad and are seen as boxing way above their weight. This applies to USA, China, India, etc., and in itself represents a huge opportunity. There is a brand Ireland. I am Dutch but when I am abroad I will always claim to be Irish as the response is distinctly different; Dutch = no response, Irish = hug, lets go for a pint.

A recent study by IMI shows that the Irish psyche is ideal for a world where innovation, entrepreneurship and creativity are critical for economic success. See (I want to be Irish).

I can go on.

This is a time of opportunity. Entrepreneurship, small business and the developments in technology will transform Ireland. By their nature entrepreneurship and technology are unpredictable, which is why economist and experts stay well clear from including them in their forecasts. You shouldn’t.

To finish, at a recent Ulster Bank event we talked to two top coaches about the correlation between sport and business. Key message; belief!