#24 - Mark Dobbin shares what he looks for when investing in entrepreneurs

JUL 20, 202349 MIN
Uncharted Waters

#24 - Mark Dobbin shares what he looks for when investing in entrepreneurs

JUL 20, 202349 MIN

Description

<b>Intro</b><br /><b><br /></b>Today's episode features an interview with Mark Dobbin, founder and president of Killick Capital Inc., a private equity investment firm headquartered in St. John's, Newfoundland and Labrador. It was created as a vehicle for Mark’s desire to invest in the aerospace sector as well as work and invest in his hometown. The name "Killick" refers to an anchor made of a long stone and sticks. Its effective and ingenious design has been relied on for centuries to secure boats and nets.<br /><br />If you're a startup founder in Newfoundland looking to raise money, you're probably knocking on Mark's door. He's more than an investor. He's an important part of the community, connecting and building things in Newfoundland. Let his story inspire you, and I hope you enjoy this episode!<br /><br />Topics:<br />1:10 How Mark's upbringing in Newfoundland shaped him <br />3:33 How his father influenced him to go into business<br />6:55 His desire to invest in the aerospace sector<br />9:42 Cultural ties between Newfoundland and Ireland<br />12:06 NL's balance sheet is a “mess”<br />15:20 Abundant and consistent supply of oil and gas in NL<br />18:02 People are the most important resource<br />24:29 Investing versus operating a business<br />27:18 His biggest investment failure<br />30:00 What characteristics does he look for in startup founders?<br />36:05 Creativity and Innovation<br />38:59 How can the GlobalNL community support each other?<br />42:11 Diversity and inclusion<br />45:58 Advice for Newfoundlanders<br /><br />Connect with Mark on <a href="https://www.linkedin.com/in/mark-dobbin-754367b/?originalSubdomain=ca" target="_blank" rel="noreferrer noopener">LinkedIn</a>, <a href="https://killickcapital.com/" target="_blank" rel="noreferrer noopener">Website</a>