Serial entrepreneur Phil Leahy on how to find new business ideas — even after facing a 75% loss of revenue
Phil Leahy founded Retail Global in 2005, growing it over nearly 17 years to become a leading international e-commerce conference business with sold out shows in Australia, New Zealand and the US.
At the start of November, Leahy announced he is stepping down as CEO of the company, thanking his “brilliant team” for their efforts, especially the ability to pivot when needed.
But such ability — unlike the pandemic — didn’t come about overnight. Leahy himself has been pivoting his whole career, and it would be ill to believe his approach hadn’t paid off with his staff.
For one, when the pandemic hit in 2020, Retail Global’s events (a lot which were based in the US) “got wiped out overnight” — resulting in a 75% loss of revenue.