Our Guest Mentor:
Graham Durgan started his journey by qualifying at PwC and specializing in the audit of financial services firms like the Bank of England and other companies. From there he purchased his first business and has been an entrepreneur for the past 40 years carving a name of his own as the Chairman of Emile Woolf International, International Financial Publishing, Durgan Monstein plc and Non-Executive Directors’ Association. He is also the Senior advisor to Mazars, President of Praesta (China), Council Member ICAEW and Visiting Fellow at ICMA (the International Capital Markets Association). A Member of WPO (World Presidents’ Organization)
Graham is also involved in Training, Publishing, M&A, Consultancy, Mentoring, Automobiles, Private Equity, Pensions, Recruitment, Advertising, eBooks, Corporate Governance, IFRS, ISA, Strategy, Coaching, and Non-Exec roles.
Key Quotes From the Episode:
“If you’re going to be entrepreneurial you’re probably going to need a safety net and so qualify as an accountant and it will equip you for the future.”[04:40]
“Find something you really enjoy and if you enjoy it you’ll probably get better at it and you’ll probably be successful at it. And just be the best person in the world at doing that particular thing.” [05:33]
“People could be brilliant but that does not necessary means they can work together.” [08:50]
(Other resources and how to connect with Graham below).
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Key Points From the Episode:
– an entrepreneur having a safety net
– learning from being an entrepreneur;
o listen to other people
o trust your own judgement
o always have someone around to bounce ideas off
o build the team that will work
– Things to consider in getting the right people in your team;
o you liked them
o you trust them
o then they will do the job
Time Stamped Show Notes
[03:19] – Graham started his journey by qualifying at PwC and specializing in the audit of financial services firms like the Bank of England and other companies. From there he purchased his first business and has been an entrepreneur for the past 40 years.
[04:20] – The decision that made Graham turn into an entrepreneur and always having a safety net with an accounting qualification as advised by his father.
[06:13] – Graham’s learnings from being an entrepreneur:
– listen to other people
– trust your own judgement
– always have someone around to bounce ideas off
– build the team that will work
[10:27] – Graham shares his ideas around leadering during this COVID adversity, seeing those who stay with you and getting close to each other.
[11:51] – Things to consider in getting the right people in your team;
– Do you like them?
– Do you trust them?
– Will they do the job?
[15:19] – The Finance and Accounting professional of today are better equiped than before and making things simple as possible.
[17:53] – Finance and Accounting professional has the role in “cutting the crap” in business.
[20:59] – Young Finance and Accounting professional best place to start as they find a good mentors that they can ask questions and will bring the best out in them.
[23:29] – Best bit of advice Graham ever received of just doing it.
[26:25] – Investing to understand the “why” of the business is crucial to the success of the business.
[30:10] – Graham’s parting thoughts to the audience of staying safe this difficult time.
Connect with today’s guest: