Business Forum Please click here

Business Focus >>

The new manufacturers The new manufacturers

A great British renaissance has been taking place. From Aberdeen to the West Country, the zing is back in manufacturing. It’s about time this spectacular story was told.

  • hot
  • hot
  • hot 100

Diary of an entrepreneur – part 3

by Karen Darby - Monday, 29th October 2007

Diary of an entrepreneur – part 3

This is the page

Departure day: Petrified I’m going to miss the flight (there’s only one a day via British Airways), I arrive at the airport ridiculously early.

Later that day: I arrive at Tripoli Airport dressed head to toe in “Gaddafi Green” (apparently it’s his favourite colour), so I’m bound to impress. In fact, I’ve filled my luggage with green outfits the precise shade of the Libyan flag just to play it safe.

Clearing customs and passport control seems to take forever but eventually I’m escorted to my driver and whisked to the hotel. En route, I’m handed an envelope containing a map of Libya, some local currency and my itinerary – starting to feel a bit like a special agent now.

Looking out through the window of the taxi, I survey the local landscape and I’m struck by the complete lack of consumerism. Not only are there no advertising hoardings (all the ones I saw had giant pictures of Colonel Gaddafi with the number 37 on each) but I didn’t see any signs of commerce at all, aside from a few shops.

We reach the hotel, a large multi-storey building on the seafront. Apparently, it’s the only five-star hotel in Tripoli and, I guess, Libya. As I enter the lobby my bags are x-rayed before I’m allowed to check in.

In the sanctuary of my room at last. Very nice, modern, comfortable but the views over the car park could be better. Libya’s coastline has largely been ignored – there are no promenades or beachfront restaurants. I’m told this will change as the government has ambitious plans to increase tourism to one million visitors by 2015.

Might be tricky as it’s a dry state and I’m dying for a beer. Quick brush-up and change into another green outfit and it’s off to the British Embassy for the ambassador’s reception.

Even later that day: Thank goodness for diplomatic immunity [hiccup]. I availed myself of the free booze at the reception and met with my contacts at the British Council. I also met with my contact at Shell, a native Libyan who very kindly offered me a quick tour of Tripoli and a history lesson before returning me to my hotel.

I take the opportunity to find out what I can about Colonel Gaddafi. Here’s what I remember:

• Gaddafi seized control of Libya at the tender age of 28 during the 1969 coup – that’s pretty entreprenuerial.

• The number 37 is significant because that’s how many years he’s been in power.

• He has an all-female personal bodyguard, called the Amazonian guard. They are martial arts experts and highly-trained in the use of weapons. Bit like Charlie’s Angels, I suppose.

• He wrote The Green Book, outlining his views on democracy and his political philosophy.

• He also changed all the "red top" newspapers to green tops – literally.

Virtually every established business in Libya is 17 years old because, up until then, there was no opportunity to own and run a business outside of government control. And those that are now thinking of setting up a business are cynical and wary.

We drive past a large, isolated building – it was going to be a brand-new private hospital, headed by a Belgian doctor, but now it remains windowless and abandoned in silent testimony to the difficulty of living and working in Libya.

Day 2 in Libya: I have an informal meeting planned with a group of the country’s leading business owners in the hotel lobby, a lively and lovely group of women. Although they own and run widely varying businesses (retail, automotive, education), they have two things in common:

1. All come from affluent "middle class" backgrounds, without which they freely admit it would have been impossible to get their ventures off the ground.

2. Their businesses cater to the country’s most basic needs. There are virtually no second-tier businesses at all such as PR, media and advertising agencies.

I also learn that for foreign business investors there are five-year tax breaks, and most of the women in the group are keen to see if they can partner up with me on a venture in Libya – it’s certainly tempting.

Lunch with the guy from the British Council proves equally informative and amiable. He is not at all what I expected – an old rocker who’s about to leave the British Council to rekindle his musical aspirations.

He informs me that the ambassador is hoping to be at the conference tonight but it depends on the outcome of a "rather unfortunate piece of business" he has to deal with that day. I probe him over pudding and learn that he is referring to the trials of five Bulgarian nurses and a Palestinian doctor who were accused of infecting children with HIV – they'd been on death row for the past ten years, unaware of their fate.

(Note to self: be really nice and try not to upset anyone on this trip).

Don't miss Karen Darby's final diary entries of her adventures in Libya – and just how will her speech measure up in Arabic?

See also:

Diary of an entrepreneur – part 1

Diary of an entrepreneur – part 2

Tags: british airways, british embassy, simplyswitch, tripoli, colonel gaddafi, karen darby, libya, women in business, advertising hoardings, five star hotel, beachfront restaurants,

Close X

Leave a comment


Name:
Email:
Comment:
  I have read and understand the terms and conditions
 

Please click the post button only once - your comment will not be published immediately

BUSINESS NEWS >>

Oz banking woes for Caxton FX

By Catherine Woods - October 07, 2008 5:32pm GMT

Caxton FX expanded into Australia as a way of retaining a top employee although chief executive Rupert Lee-Browne says the foreign exchange firm hadn’t banked on the tough regulatory and finance system Down Under.

Junk mail drives UK FDs wild

By Real FD - October 07, 2008 4:07pm GMT

Real FD reveals unsolicited spam and junk mail are just ahead of regulatory burdens in a list of the Top Ten business irritants for finance directors.

Top ten business irritants for finance directors

By Catherine Woods - October 07, 2008 2:52pm GMT

Unsolicited spam and junk mail are considered by finance directors surveyed by Real Business and Real FD as being more annoying than the regulatory burden.

FD watch

By Catherine Woods - October 07, 2008 2:21pm GMT

New finance directors have been appointed at Southern Bear, Arbuthnot Banking Group, York Pharma and Pantheon Resources.

“Why bother with an IPO?” asks Audio Network founder

By Rebecca Burn-Callander - October 06, 2008 3:20pm GMT

Robert Hurst raised £600,000 of seed funding from 40 music composers, sound designers and angels to get his online sound and music portal off the ground. Having organised his own private IPO, he’s suspicious of the traditional listing process.


BUSINESS COMMENT >>

What's happening in the markets today?

By Catherine Woods - October 07, 2008 3:39pm GMT

Lordy, lordy... it's been another turbulent day in the financial markets

Joanna Lumley. She’s so lovely

By Rebecca Burn-Callander - October 07, 2008 11:38am GMT

At last night’s Ernst & Young Entrepreneur of the Year awards, there was a veritable who’s who of business masterminds. But, as the winners collected their trophies, there was no doubt that kissing the lovely Lumley was on a par with the gong.

Follow the brothel's lead

By Catherine Woods - October 03, 2008 3:58pm GMT

If you’re not an Australian, you may not find the following article as amusing as I have.

Economic downturn headlines

By Catherine Woods - October 02, 2008 2:41pm GMT

There’s more doom and gloom in the news today about the economic downturn.

Deal or no deal

By Kate Pritchard - October 01, 2008 3:43pm GMT

Jon Moulton wasn’t exactly exaggerating when he told us the outlook for the private equity industry was gloomy.


Click here to sign up for the Real Business newsletter
Real Business Front Cover