And this year's Entrepreneur of the Year is ... someone who has been in business for almost 35 years. So is the choice by the judges at last week's Ernst & Young- sponsored awards of Robert Braithwaite of boatbuilder Sunseeker a bad one?
Not at all. The traditional image of an entrepreneur may be that of a twenty-something with a bright idea, an MBA-approved business plan and an imminent appointment at his local Porsche dealership.
But if the boom and somewhat inevitable bust of the dotcom years have taught us anything, it is that profit and lasting value are two very different things.
Successful businesses need to demonstrate entrepreneurial flair at every stage of development.
Braithwaite built his first boat in 1968 and by 1972 Sunseeker boasted a turnover of £100,000. To win an award like Entrepreneur of the Year some 34 years later is a testament to Braithwaite’s ongoing commitment to innovation and others should learn from it.
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