Each month on the Promoting Enterprise blog, an Entrepreneur in Residence (EiR) will give us an insight into their entrepreneurial journey. This month’s entrepreneur is Nathan Farrugia from Malta. His company, Ultimate Performance, works with CEOs, leaders and business owners who are seeking to take their performance to a higher level in business and in life. Watch his TEDx talk here.
© Samuel Rondot
At the end of 2014, I quit my CEO role at Inspire, Malta’s leading non-profit education and health provider, and set up my coaching business in January 2015. Since then, it’s been an interesting journey of metamorphosis for me personally, building up something from scratch while delivering services to my clients through my coaching services and the Ultimate Performance, UP Executive Academy.
I spend about half of my time working one-to-one with Chief Executives and Managing Directors who want to challenge their personal and business limits and reach new heights. Often, this revolves around growing or scaling their business, developing strong leadership or a positive and empowering culture. Sometimes, it’s helping them find the internal strength to carry out an exit plan. Everyone is different, but we are all the same. We are wired to be cautious, cynical and suspicious of our own ability. This holds us back and keeps us from achieving great things. My job is to help unlock this potential by asking the right questions and helping to uncover the answers from within.
I’ve been through this growth process myself, as it took a lot of courage to quit a well-paying job with great work-life balance to venture out solo. I grew that courage with learnt techniques, which I now share with my clients. Learning how to build confidence, take risks and prepare for adversity has made me very resilient. I’ve taken on a number of extreme physical and mental challenges for charitable causes, running, swimming and cycling some of the world’s toughest races to help raise funds for charity. These challenges have also helped me develop my character and ability to feel comfortable in extreme discomfort.
For me, the journey is more important than the goal. My journey is one of self discovery and personal growth, as much as it’s about growing a business from a financial perspective.
My mind is currently focussed on developing a scalable model for my coaching business and taking it international. The challenge is always staying true to what you believe in, and being persistent to stay on the right path. Often, opportunities can take you in the wrong direction if all you are chasing is a goal. For me, the journey is more important than the goal. My journey is one of self discovery and personal growth, as much as it’s about growing a business from a financial perspective.
Chairing and running the Academy for Chief Executives franchise in Malta is helping our country’s leaders to develop themselves through peer-to-peer learning and sharing best practice. This is a great space for leadership inspiration and we want to increase our membership.
I also want to spend time in the various foundations I run, including Empower Coop and the Lino Spiteri Foundation, which are creating jobs for disabled persons. Our model is making a difference and we want to spread the word to encourage other countries to follow suit. The recent TEDx talk in The Hague generated some interest, alongside our I AM ABLE media campaign.
In addition to all this, I’m also chairman of the the Paralympic Movement in Malta and we’re gearing up for the Rio 2016 Olympics this summer. We’re a small team but it’s a great feeling to carry our national flag. I chair the Malta Voluntary Sector, which supports the 1000+ NGOs in Malta, and we’re very busy providing training programmes, funding and mentoring to the extremely active sector. Malta has a rich volunteering scene and we’re responsible for its upkeep.
Finally, we’ve just organised Xterra Malta, an annual international triathlon race, which I co-founded, that sees 200 people from 20 countries race in our beautiful Majjistral Nature Reserve. It’s a mecca for mountain bikers and sports enthusiasts and I’m very proud of our national heritage.
So I’m pretty busy at the moment, but I manage to balance this well with my wife and two young daughters, and I also make time for my own personal learning, my sport and my social life.
To keep up with Nathan, and find out what’s next for him on his entrepreneurial journey, don’t miss the second instalment of his blog here next Wednesday.
Nathan Farrugia is an entrepreneur. He attributes much of his success to a mindset that challenges the impossible and takes every obstacle as an opportunity to find new solutions to old problems. He has used this mindset to break world record endurance challenges, as well as to grow successful enterprises. He now spends most of his time coaching CEOs and business leaders on how to unlock their own performance potential as part of the UP Academy. Visit his website and follow him on Twitter.
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