Building Irish Internet Businesses
Posted by: colm.lyon in Irish Businesses on Apr 20, 2010
I run the blog on the Internet Growth Alliance web site and it’s a little strange that I’ve not used a blog on the Realex Payments web site – but here we go. I hope to use it to talk about broader industry issues and would be delighted with thoughts, feedback or ideas for discussion.
I thought my first post ought to be about something that it very important to me. Right from the start my real interest is about seeing Irish internet businesses develop and grow internationally.
I make it my business to try and get more people connected, informed and growing when it comes to Irish internet businesses. I see the Irish internet industry as one of the key areas where investment needs to be significant and ongoing. Sometimes we need to state the obvious – we can scale Irish businesses via the internet. While inward investment can create jobs, working with people who are creating and supporting Irish internet businesses is far more rewarding. These businesses create jobs and lots more benefits. Let me focus on some of these:
The most important benefit is the manner in which a successful Irish Internet business can inspire others to move. Having an aspiration or a vision about an internet business is very important – really believing it, is crucial. There’s nothing like looking at a peer, friend, neighbour and saying to yourself – “if he did that – I can do much more!” So local success is a wonderful way to encourage others to try and grow internet businesses.
When Irish business people or internet entrepreneurs meet there’s always an incredible optimism about the room. We know our market is not limited by scale or geographic location – it is in fact limited by our own ambition. Irish Internet businesses are extraordinarily ambitious and want to scale. One of our best advantages is that the country is small, the size of Manchester – did you ever hear someone launch an online business for Manchester? Therefore we must think beyond Ireland right from the start – this is a forced advantage. Irish Internet businesses demonstrate this message constantly.
When we make successful internet businesses we also create an ecosystem around them. These businesses need good advisors, they consume services and they connect with one another. The connections and network effects that can be formed within the Irish Internet industry are very strong and supportive. There are no barriers to lifting the phone and asking others in the industry for help or feedback. It happens all the time. In other countries size and protocol can hamper these connections. This is the shared learning experience that comes from having a vibrant cluster of Irish internet businesses – this learning is not just a benefit but an essential ingredient in fulfilling future ambitions. Enterprise Ireland, with iGAP have been instrumental in this regard.
Knowing what’s around the corner – I remember learning in college that businesses didn’t like uncertainty! So when our banking, political, church and travel systems all hit rock bottom you would expect businesses to suffer and clearly many have. However many others have adapted – quickly, and now look for other ways to achieve their plans. When we are the masters of our businesses – Irish internet businesses – and some other “issue” emerges we can react. We can try new routes, new products, features etc.
People often ask me why we set up the www.alliance.ie, I hope you see the answer! It helps to inspire people, to raise ambitions, to learn and to remain adaptable in an ever changing world. It also helps me in this same way.
The playing field is level and we are on the pitch. We play to win.
It’s ten years, to the day that I left my job – 20th April 2000. Time to redefine winning!
Colm

written by Bernie Goldbach, April 24, 2010
written by Krishna De, April 27, 2010
I agree with Bernie that hearing about how you have led the development and growth of a successful business would be great to hear about.
I also think that insider tips about ecommerce would be helpful. Many people are still wondering about how to be successful in that area and what processes to put in place to manage their business online.
We are in exciting times and there has never been a better or easier way to build visibility and market our products and services, or for charitable organisations increase donations as a result of the Internet. And and thanks to your organisation and others like you, translate that traffic to our website or blog into $, €, £ !
written by Brian Kelly, April 28, 2010
written by Catherine O'Sullivan, April 28, 2010
I totally agree that we have to think outside the island and I am already getting advice on what I need to do to get into the UK market (seperate website etc) . Mind you, with the problems posed by sterling/euro volatility, I will also be looking to expand into other Euro markets. Any advice would we welcome. Best wishes Catherine
written by Paul Browne (EI BestConnected), May 10, 2010
Congrats on finally getting the Realex blog up and running - in addition to everything else that you've been up to on the internet over the years!
In a nice co-incidence,Realex is featured on Enterprise Ireland's BestConnected blog - both as a company profile, and as a good example of the LinkedIn integration on the site
http://www.bestconnected.ie/wh...companies/
It's strangely addictive, seeing who in your network works at the various companies ....
Paul
written by Ronanob, June 28, 2010
Actually talking about your 10 year anniversary, I remember just before I started my first business you were giving a talk @ Nova UCD. I even had to skip a minor exam to attend. Realex was still a fairly new company at the time, its cool to look back on how fast things have changed.

