Guest guest Posted March 6, 2008 Report Share Posted March 6, 2008 When disability is the spur to following a dream By Clegg http://www.ft.com/cms/s/0/8874b502-ea55-11dc-b3c9-0000779fd2ac.html? nclick_check=1 Since he was a schoolboy, Amar Latif has wanted to run his own business. Now 33, he is founder and director of a niche air tour operator, Traveleyes. But his very first venture was a tuck shop for friends, stocked from a local wholesaler. Regrettably it went bust but thereafter his preparation for entrepreneurship was flawless: a degree in mathematics, statistics and finance followed by a stint as a management accountant on the corporate fast track. But Mr Latif believes he had a head start as an entrepreneur. Since progressive sight loss left him blind by the time he was a teenager, he has become expert at devising solutions to problems many people would consider intractable: " If you are blind, jumping over hurdles becomes a way of life. " Mr Latif is not alone in his refusal to allow disability to damp his ambition. Liz , 34, built a telemarketing group in spite of going blind just months after her business launch (see below); Simon Minty, 39, is codirector of the workplace disability consultancy Minty & Friend - he is 3ft 11in and has limited mobility. Collectively, their achievements offer an insight into the distinguishing characteristics of entrepreneurs. Whether or not you have a disability, building a business demands a combination of qualities: a vision, and the resourcefulness and staying power to make it happen. As Ms says: " The difference between success and failure is often pig-headed determination. " Like many innovators, Mr Latif went into business to satisfy a yen for which the market was not catering. " I was blind, but I wanted to see the world, " he says. Rather than rely on family and friends to guide him, he created a tour service to en-able blind people to explore the world independently. True to the buccaneering image of entrepreneurs, Mr Latif has himself trekked through Nicaraguan jungle. Traveleyes runs holidays that feature sensory-rich experiences, including sky-diving in Cuba, soaking up the sounds, tastes and scents of Tuscany and swimming with dolphins. Each tour pairs sighted with blind travellers. In return for a substantial discount, the sighted travellers, who are independent holidaymakers not carers, describe what they see and paint vivid mental pictures for their blind companions to enjoy. As the lone pioneer of an untried concept, Mr Latif, who began trading in April 2005, has had to make his own market and overcome the scepticism of trade suppliers. To secure professional indemnity at a premium that would not strangle his business, he went through marathon rounds of detailed discussions with insurers. " Because it was new, it was a struggle. But if I believe in something, I basically don't give up, " he says. To offset the sighted customers' discount, Mr Latif keeps overheads down by dealing direct with local guides and hoteliers. Travel-eyes is able, he says, to achieve a pre-tax profit margin of 10 per cent, broadly in line with industry norms, without imposing a heavy mark-up on blind customers. Having shown that Travel-eyes can make money, Mr Latif - who recently won the inaugural Stelios Disabled Entrepreneur of the Year Award, run by Leonard Cheshire Disability - is now selling tours to other - English-speaking markets. If all goes to plan, the expansion will lift his turnover from a modest £130,000 this year to £8.5m by 2013. Like Mr Latif, Simon Minty started with something he knew about to satisfy his entrepreneurial bent.He exchanged a career in retail banking for entrepreneurial ventures that range from Abnormally Funny People, a company that promotes comics with disabilities, to running disability consultancy services for bluechip employers. A 50 per cent owner of the disability consultancy Minty & Friend, which turns over £800,000, Mr Minty says employers sometimes forget the human side of disability management in their concern to be legally compliant. As business people with personal experience of disability, he and co-director and co-owner Phil Friend, a wheelchair- user, employ methods ranging from interactive theatre to mystery shopping to find the best, practical solutions to the problems that people with disabilities really face. " Clients think that making workplaces accessible means getting out tape measures. What we do is road-test the entire journey, from making an application in an alternative format [such as audio] to attending the interview. " Disability has led Mr Minty down unexpected paths. Abnormally Funny People grew from a comedy act he developed for the Edinburgh Festival in 2005 after an approach from Sky Television. Another venture, in which he and Mr Friend are directors and part owners, is Dining with a Difference. Here disability experts lead the boards of big employers in a discussion about business and disability. In recognition of the pressure on executive time, the discussions take place over a dinner hosted by the business participants. Dining with a Difference - which numbers investment banks such as Goldman Sachs, UBS and Citigroup among its clients - last year generated revenues of £55,000. Now a collaboration with the diversity consultancy, Schneider-Ross, called The All Inclusive Dining Club, is planned. " You get asked to do a whole variety of things. The entrepreneurial bit is how you respond to them, " says Mr Minty. Mr Latif and Ms admittheir disability has brought their businesses to public notice. Ms is particularly candid in saying that, as an entrepreneur, she will cheerfully exploit any new opportunity: " You treat yourself as a product. " More strategically, by speaking in schools and at business events Ms combines promotion of Great Guns Marketing with promoting entrepreneurship as a career for young people. All three are intent on expansion. Mr Minty is advising investment banks in China and Hong Kong on recruiting graduates with disabilities. Ms is speaking at a businesswomen's conference this month in Oman, and while there will explore openings in the region. Mr Latif, meanwhile, is discussing possible tie-ups with EasyGroup. He is also developing a corporate programme, the idea being for businesses to subsidise sighted staff to act as Travel-eyes companions. " Rather than learning from manuals, employees will learn about diversity in real life, " he says. Nobody would suggest that disability creates entrepreneurs, but it seems that entrepreneurs learn quickly how to minimise the impact - and, even, turn it to business advantage. Problem solving All three entrepreneurs say they regard their disability as just one obstacle among the many any entrepreneur can expect. * After numerous rejections, Mr Latif talked his way into graduate job offers by giving a five- minute presentation on how he would do the job as a blind professional. " People said 'this guy is really proactive' and I started getting offers from every interview. " He used this approach to persuade Traveleyes suppliers to come on board. * Each of the three say disability has made them better listeners and problem- solvers for clients. " We don't go in to sell, we just go in and listen and start coming up with the solutions, " says Mr Minty. * " Only go into business if you have a great idea that excites you, " says Mr Latif, who advises people not to pursue self-employment as a way out of employment difficulties. " Find out what you do best and then go for it. " Quote Link to comment Share on other sites More sharing options...
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