By | Marlena Batchelor | www.theceomagazine.com
As the guiding light of The Entourage, Australia’s largest business coaching provider, Jack Delosa navigated his biggest career challenge in 2016 when the government cut back on funding for students – a decision that forced the founder to make drastic changes in order to survive.
“We were three months away from losing A$900,000 [US$622,900] a month and we had to go from 90 people down to 40 people, which we had to do in a matter of days,” he explains. “It was a torturous process to go through, particularly, when you’ve got a culture like ours.”
Three years later the entrepreneur and investor recalls that the business was more profitable than ever despite these enormous setbacks. And, while the COVID-19 pandemic presented its own obstacles, Delosa has become well versed at overcoming any business challenge that crosses his path.
With a member base close to 500,000 and contributing more than US$1.4 billion to these businesses, The Entourage is highly competent at recognising a company’s core constraints and helping it to become more profitable.