Risk big to win big, urges Renault head

BEST-SELLING author and Renault distributor Bill Cullen, who was paid a €2.2 million dividend in 2002 by his group Glencullen Holdings, believes that “you have to risk big to win big”.

Mr Cullen, aged 62, is the 100% owner of the group and speaking at Waterford Chamber of Commerce Business breakfast in association with the Irish Examiner yesterday, made no apologies for his success.

Mr Cullen bought the debt-ridden Irish franchise for Renault for £1 in 1986 and turned it into an extremely successful and profitable business.