‘Geography is history’, say Cork firms who run operations all over the world

A number of successful Cork-based companies are proving that “geography is history,” and that you can run global operations from anywhere in the world.

Speakers at the Going International Conference featured Trustev’s vice president of sales John Peavoy, Qumas’s chief executive Kevin O’Leary and Tweekaboo founder Eugene Murphy who discussed how they were global business people who just happen to live in Cork.

Mr Peavoy announced that Trustev’s will be enabling global sales from their Cork base.

“We are going to offer guaranteed payments for all merchants online, so we are going to use the big data that we are collecting to actually guarantee, using banking partners, to merchants all the money they take from their online stores and they don’t have to worry about fraud,” he said.

He encouraged companies not to be hemmed in by their surroundings.

Chief executive of compliance software company, Qumas Kevin O’Leary said that one of the key moments in his company was deciding to leave Cork.

He said that a “pivotal moment was deciding with my wife who was then three months’ pregnant that we needed to be in the US rather than Cork for a while,” he said.

At the time Qumas had only three firms using their software in Ireland, five years later when they returned from the US 99% of the company’s revenue was coming from the US.

Mr O’Leary said that the key to success globally was to maintain a simple message and to be clear in the vision of where the company is going.

“If you start changing your vision for a quick buck, you may as well give up because you are done,” he said.

The Tweekabo founder, Eugene Murphy agreed. Tweekaboo is an online pregnancy journal and family diary, — a family-orientated Facebook, that is growing rapidly.

“We invest heavily in core brands and culture and we only hire people who resonate with me personally so after six weeks we should be finishing each others sentences. There is a level of trust you have to develop in a person and then let them off,” he said.

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