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Business Breakfast Series - Mike Taylor

Business Breakfast Series - Mike Taylor

Sorry this event has been and gone

When:

  • Fri 7 Oct ’16, 7:00am – 8:30am

Where:

MTG Century Theatre, 9 Herschell Street, Napier

Restrictions:

All Ages

Ticket Information:

  • Business Breakfast: $20.00

If you’re not passionate about what you do, you won’t succeed. It’s a mantra heard all too often but Mike Taylor is a living, breathing, a high-yielding example of this.

Fanatical about the stock market from a young age, Mike founded Pie Funds in late 2007, with $200,000 of capital and all the positivity in the world. Little did he know he was about plough headlong into the greatest financial crisis the world had seen in decades. “Almost immediately, I had to rip up the business plan,” says Mike of the GFC. “We couldn’t raise money in an environment like that, and we were losing our clients’ existing money too.”

For the then 28-year-old, who had a new wife and baby at home, trying to hold his family together while riding out the terrifying reality of rapidly plummeting markets was an exercise in resilience... and survival. He sold his car and his furniture, paid himself nothing… and read a lot. “I didn’t have a lot else to do, during those long days. I had to work out how to make money out of this situation. So I learned everything I could about recessions, and the advice I took from that was to sell.”

By the beginning of 2009 he’d sold most of Pie Funds’ investments, and promised his clients that if they just sat tight, he’d make their money back again. Working from a tiny, cheap, windowless office, “kind of like a prison cell” he figured out “where, and when, it was safe to go back in the water” - and made a 105% return by the close of that year.

With his hugely successful Auckland-based business in the throes of relocation to Hawke’s Bay, Mike is delighted to speak at this month’s Business Breakfast. Through his compelling and interactive presentation, he’ll share many learnings. What are the hallmarks of a successful business? Why do founder-led companies outperform other models? What does true passion look like? When the going gets tough, how do you maintain your customers’ trust? What does a good business plan look like? And… when do you throw it away?

Bookings are essential. Register by Tuesday 4 October at the website - use search keyword: #businessbreakfast

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