Join us for the third and final morning in the WIN Business Breakfast series for 2018 - generously sponsored by Alexander Mann Solutions.
Start your day with a delicious Corrigan's cooked breakfast, networking with members and their guests, and an inspiring business boost from veteran businessman, John Teeling.
John Teeling is widely regarded as the father of the Irish whiskey renaissance. in the 70's, he examined the collapse of Irish whiskey from having about 60 per cent of world sales in 1850 and hundreds of distilleries to becoming a monopoly in 1973 with less than two per cent of sales. He made the decision to set up a new distillery. but it took 16 years to get the resources to do so.
In the meantime, he lectured in Business Administration at University College Dublin and developed a series of mining and oil exploration companies. In 1986 Cooley was set up, followed 19 years later by the re-opening of the long-closed Locke’s Distillery in Kilbeggan. Over the years, a range of Irish whiskies appeared on shelves around the world.
The venture took 11 years to make a profit and 15 years to payback, but changing tastes in the early 2000s favoured Irish whiskey and sales boomed. Cooley was bought by Beam Suntory in early 2012. In 2013, John re-entered the business by acquiring a large brewery in Dundalk and setting up The Great Northern Distillery.
As a solid foundation to John's business acumen, he holds degrees from University College Dublin (B Comm., M Econ. Sc.), the Wharton School at the University of Pennsylvania (MBA) and a doctorate from Harvard Business School.