SlideShare a Scribd company logo
1 of 26
Download to read offline
Life and Times of Derek Gallimore
Entrepreneur, outsourcer, and lover of life
Derek Gallimore on Your Property Empire
Gallimore Gallimore’s Beginning
• Born in the UK, but raised in New Zealand.
• A very ‘middle class’ - but super supportive – upbringing.
• Yet, Derek had a burning desire to build, grow, and conquer life
–he was never just going to be a passenger.
Travels Began
• At 18, moved from New Zealand, to the Big Smoke of Sydney,
Australia.
• After two and a half years there, he left Sydney to travel around South
America. Then continued on to London.
• Arriving in London at 21, Derek felt as if he had wasted enough time.
• He wasn’t yet ‘successful’ (whatever that meant), and time was
ticking.
Derek Gallimore on Switzer
Derek Tastes Success
• Once in London, he saw a window of opportunity, in property – and went for it
• The property market was red hot, but rental yields were so high (10%), and bank
interest rates were so low (3%). Derek had no money, but he was determined.
• Within 6 months he had saved most the deposit and managed to secure a near
impossible mortgage from a lender.
• Derek has only been in the country six months, had no credit rating, little money,
was only 24 years old, and was working in a temporary contract role. The odds of
any mortgage approval was stacked well against him, but he got the deal done.
• Six months after the first property, he bought another. Then nine months later,
bought another.
• Derek Gallimore continued to buy and develop over a dozen more over the
coming few years.
Derek Gallimore in Australian Property Investor
Global Financial Crisis
• That big property wave later collapsed - in 2008.
• The year of the world’s biggest financial crisis. The ensuing recession
eclipsed the infamous Great Depression of the 1920s.
• It basically shut down the entire baking system.
• Derek was lucky. Derek was safe. Derek lost none of his properties
and his portfolio was secure.
• But since the entire banking sector imploded – property
development wasn’t an option.
Derek Gallimore at a business conference
Serviced Apartments
• On looking for businesses, serviced apartments presented itself as
that perfect opportunity.
• It had god synergies with Derek’s existing property experience - so he
tested it and launched.
• He began serviced apartments in London when it was a little-known
sector. This was prior to Airbnb, and prior to the general awareness
of short-term renting of apartments.
• This new venture was launched on 6 April, 2009, and unbeknownst to
him then, he spent the next nine years pouring his heart and soul into
it.
Boom Time
• The company was an incredible success.
• In under nine years, he (with the help of an incredible team) built a
company that peaked at nearly $20m annual revenues, 70 staff, and
220 apartments.
• It was built with very little external funding, and using old-fashioned
lean start-up fundamentals.
Derek Gallimore on Sky News
Derek Gallimore - Collapse
• But then the company failed.
• The company, in 2016, collapsed. It completely broke Derek
Gallimore.
• The last year was spent trying to salvage it. He sold all his assets,
liquidated everything, and injected it all into the company in what
became a fruitless attempt.
• The collapse meant that there were creditors, and unhappy clients
stakeholders. It was a bloody mess. No one harder hit than Derek.
• It had an incredible ride. But at by 2016, at nearly 40 years of age –
Derek had lost it all.
The rebuild
• Derek Gallimore still had that fire in his belly
• The collapse took a massive toll, but within days, he was done with
licking wounds and started to rebuild. I simply had to.
• Within weeks he had incubated a series of ideas, and was back on
track for launching new ventures.
Derek Gallimore meeting with James Caan
His Learnings
• Derek has been in business for over 20 years. He’s lived a diverse business and
personal life from which he draws great collective wisdom.
• Business is a fascinating art for him. A multidimensional, life-long game of chess.
• Warren buffet famously said that "it takes 20 years to build a reputation and five
minutes to ruin it." Similarly, Derek spent 20 years meticulously building business
acumen, commercial experience and financial assets - and then lost all in a few
months.
• However, he’s learned an immense amount throughout his 20 years of business.
• It’s said that “you either ‘win’, or you ‘learn”’. I.e. you bank your wins, and you
learn from your losses.
• Though Derek is commercially astute, and has a strong command of all aspects of
business.
Manila - Outsourcing
• One of his most game-changing moments in business was when he
started outsourcing – 2011.
• A 24/7 customer service operation for London
company. Unaffordable in London, so looked further afield.
• Manila, Philippines is known as the outsourcing capital of the world.
• Within months, Derek had set up a 24/7 operation, and his serviced
apartment company was then one of the only ones in the sector that
offered such a service.
Derek Gallimore with Manila outsourcing team
Outsource Accelerator
• Experience with Manila opened his eyes to the broader opportunity
with outsourcing.
• So excited by the prospects, that within three years of setting the
Manila office, he moved to Manila so I could be closer to explore the
full potential.
• Derek is supremely passionate about the opportunities of
outsourcing.
• So much so that he has since launched, Outsource Accelerator.
Outsource Accelerator
• Outsource Accelerator is fast becoming one of the world’s foremost
independent authorities on outsourcing in the Philippines.
• It offers independent unbiassed information, education and advisory
for people that are interested in outsourcing.
• The website offers a huge amount of content, 95% of which is
completely free.
• Outsource Accelerator offers podcasts, blogs, guides and editorials,
and has a news hub, and a comprehensive outsourcing service
provider directory, with over 500 BPO listings.
Derek Gallimore – Inside Outsourcing
Culmination of skills
• It’s through 20 years business experience, extensive travel, and
intimate first-hand knowledge of the outsourcing sector that best
enable Derek to help people, begin their outsourcing journey.
• Strongly believes that everyone in business should consider
outsourcing.
• It’s a game-changing opportunity.
• Outsourcing is like steroids for business - can be plugged into virtually
any business model, and can have profound cost saving and
operational benefits.
• www.outsourceaccelerator.com
Articles and books of Derek
Articles, books and media
TV news shows featuring Derek Gallimore
Derek Gallimore features on Sky News - Your Property Empire
https://www.youtube.com/watch?v=LJZ4uGPOjI4
https://www.youtube.com/watch?v=m5X7GrHQaiU
Derek Gallimore featured on TV on Switzer news show
https://www.youtube.com/watch?v=eLvOT0Gmcyo&t=49s
http://www.switzer.com.au/video/gallimore-20140520/
Books and author - Derek Gallimore
Derek Gallimore - Inside Outsourcing - Amazon
Inside Outsourcing - Rise of the Virtual Workforce and the End of Employment Traditions As We Know It. Ebook
available on Amazon
https://www.amazon.com/Inside-Outsourcing-Workforce-Employment-Traditions-ebook/dp/B071L6J3SG/
Derek Gallimore Amazon author profile
https://www.amazon.com/Derek-Gallimore/e/B071F1D81P/
Derek Gallimore featured in Founders and under the Underdog book
Launched on Publishizer
https://publishizer.com/founders-and-the-underdog/
Book author’s home page
http://greatnomad.com/ -Founder and Underdog book
Articles about Derek Gallimore
Australian Property Investor Magazine - Young Millionaires article
http://outsourceaccelerator.com/derek-gallimore-young-millionaire/
The Guardian - International success on a shoestring
https://www.theguardian.com/small-business-network/2013/may/17/international-success-on-a-budget
Santander article - Growth brings new lease life
https://www.santandercb.co.uk/client-stories/growth-brings-new-lease-life
Big Hospitality - Multi million investment for serviced apartment expansion
http://www.bighospitality.co.uk/Business/City-Marque-multimillion-investment-for-serviced-apartment-expansion
Derek Gallimore appearing in Management Today - A Day in the life...
http://www.managementtoday.co.uk/week-derek-gallimore-boutique-london-lets/article/1169254
Santander outreach article - Derek Gallimore London
http://www.bitc.org.uk/news-events/news/small-enterprises-explore-value-responsible-business
Great Nomad - Derek Gallimore interview
http://greatnomad.com/derek-gallimore-journey/
Sun and Co interview with Derek Gallimore - Digital Nomads
https://sun-and-co.com/2016/12/interview-derek-gallimore/
Podcasts and external media
Derek Gallimore podcasts
Outsource Accelerator Podcast - Exploring Business and Outsourcing Mastery
https://itunes.apple.com/ph/podcast/the-outsource-accelerator-podcast-with-derek-gallimore/id1237176027
External media outlets
Derek Gallimore on Quora
Quora profile of Derek
https://www.quora.com/profile/Derek-Gallimore-1
Popular Quora answers from Derek
Popular questions on Manila - how dire is it in Manila?
https://www.quora.com/How-dire-is-it-in-Manila-the-Philippines/answer/Derek-Gallimore-1?srid=uSKDC
On outsourcing work - what type of work will you consider to outsource?
https://www.quora.com/What-type-of-work-will-you-consider-to-outsource/answer/Derek-Gallimore-
1?srid=uSKDC
On AI and human computer interface - what is a skilled function that an uneducated illiterate human can do that a
computer can’t do using a computer interface
https://www.quora.com/What-is-a-skilled-function-that-an-uneducated-illiterate-human-can-do-that-a-
computer-can%E2%80%99t-do-using-a-computer-interface/answer/Derek-Gallimore-1?srid=uSKDC
On Outsourcing - What is the process of outsourcing an idea?
https://www.quora.com/What-is-the-process-of-outsourcing-an-idea/answer/Derek-Gallimore-1?srid=uSKDC
Derek Gallimore - Medium
Derek Gallimore Medium profile
https://medium.com/@derekgallimore
Popular Medium article
https://medium.com/@derekgallimore/a-life-of-derek-youve-probably-never-read-a-story-like-this-
9f439e2beb2c
YouTube channel
Derek and Outsource Accelerator channel
https://www.youtube.com/channel/UC3IPHr0akizdALeBCwX0ueA
Others
Reddit
AMA Derek Gallimore - Ask Me Anything
https://www.reddit.com/r/IAmA/comments/6b23t0/i_am_derek_gallimore_20_years_business_success/
Slideshare
Derek Gallimore profile
https://www.slideshare.net/derekgallimore
Popular slides
XXXWEBSITEXXX
Companies and sites
Derek Gallimore companies and sites
Keeping Good Company
Phone-based company, companionship and personal development for the isolated elderly
Website
www.keepinggood.company
Keeping Good Company website profile of Derek
www.keepingood.company/derek-gallimore-story/
Keeping Good Company website author page - Derek Gallimore
https://keepinggood.company/author/derekgallimoregmail-com/
Outsource Accelerator
Independent unbiased information and education for the outsourcing sector
Website
www.outsourceaccelerator.com
Outsource Accelerator website profile of Derek
www.outsourceaccelerator.com/interview-derek-gallimore/
Outsource Accelerator website author page - Derek Gallimore
XXXWWEBSITEXXX
Chronohaus
Subscription luxury watches
Website
www.chronohaus.com
Chronohaus website profile of Derek
www.chronohaus.com/about-derek-gallimore/
Chronohaus website author page of Derek
http://chronohaus.com/author/derekgallimoregmail-com-2-2/
Derek Gallimore’s own website
An introduction to Derek
Website
www.derekgallimore.me
Connaught Group
Derek Gallimore Property development - London
Website
www.conauhgtgroup.co.uk
Connaught website profile of Derek
http://www.connaughtgroup.co.uk/derek-gallimore-bio
Social Media of Derek Gallimore
Social media connections
Facebook
Derek Gallimore Facebook
www.facebook.com/derekgallimore
Chronohaus Facebook page
www.facebook.com/chronohaus
Keeping Good Company Facebook page
www.facebook.com/keepinggoodcompany
Outsource Accelerator Facebook page
www.facebook.com/outsourceaccelerator
Linked In
Derek Gallimore Linked In page
https://www.linkedin.com/in/derek-gallimore/
Outsource Accelerator Linked In page
https://www.linkedin.com/company-
beta/13303833/
Other social media
Twitter
https://twitter.com/derekgallimor
e
Angel List profile
https://angel.co/derek-gallimore
About me
https://about.me/derek-gallimore
Gravatar
www.gravatar.com/derekgallimore
Derek Gallimore Google Plus
https://plus.google.com/1182803
37537493713191
Myspace
https://myspace.com/derekgallim
ore

More Related Content

Similar to Life and times of Derek Gallimore

New microsoft power point presentation
New microsoft power point presentationNew microsoft power point presentation
New microsoft power point presentationShabana Ashraf
 
Solana vista pp final
Solana vista pp finalSolana vista pp final
Solana vista pp finalSteve Huffman
 
Tim sykes review
Tim sykes reviewTim sykes review
Tim sykes reviewPaul Koger
 
Keystone: Global Expansion, first stop the UK – with Graeme Frost
Keystone: Global Expansion, first stop the UK – with Graeme FrostKeystone: Global Expansion, first stop the UK – with Graeme Frost
Keystone: Global Expansion, first stop the UK – with Graeme Frostnzsoftware
 
Family Office Elite Magazine Special Promotional Edition
Family Office Elite Magazine Special Promotional EditionFamily Office Elite Magazine Special Promotional Edition
Family Office Elite Magazine Special Promotional EditionTy Murphy
 
Media work simranpal kandola 5
Media work simranpal kandola 5Media work simranpal kandola 5
Media work simranpal kandola 5Simranpal Kandola
 
The big shift in the australian property market
The big shift in the australian property marketThe big shift in the australian property market
The big shift in the australian property marketReal Estate Investar
 
Keller Williams San Diego Metro Recruiting Presentation
Keller Williams San Diego Metro Recruiting PresentationKeller Williams San Diego Metro Recruiting Presentation
Keller Williams San Diego Metro Recruiting Presentationashleydunnkw
 
The Entrepreneurs Radio Show 004 Kerry Grimes
The Entrepreneurs Radio Show 004 Kerry GrimesThe Entrepreneurs Radio Show 004 Kerry Grimes
The Entrepreneurs Radio Show 004 Kerry GrimesTravis Lane Jenkins
 
Dynamics Day 2012 Closing Keynote, Rod Oram, The Data driven business.
Dynamics Day 2012 Closing Keynote, Rod Oram, The Data driven business.Dynamics Day 2012 Closing Keynote, Rod Oram, The Data driven business.
Dynamics Day 2012 Closing Keynote, Rod Oram, The Data driven business.Intergen
 
10 richest-self-made-billionaires
10 richest-self-made-billionaires10 richest-self-made-billionaires
10 richest-self-made-billionaireszalaamtrends
 
ScaleupFest 2017: Yona Shtern (ParkWhiz)
ScaleupFest 2017: Yona Shtern (ParkWhiz)ScaleupFest 2017: Yona Shtern (ParkWhiz)
ScaleupFest 2017: Yona Shtern (ParkWhiz)Startupfest
 
Revisionstation AQA GCSE Business 3.1.1 The purpose of business PowerPoint
Revisionstation AQA GCSE Business 3.1.1 The purpose of business PowerPointRevisionstation AQA GCSE Business 3.1.1 The purpose of business PowerPoint
Revisionstation AQA GCSE Business 3.1.1 The purpose of business PowerPointRevisionstation
 
Everything you need to know about Listing Your Home For Sale
Everything you need to know about Listing Your Home For SaleEverything you need to know about Listing Your Home For Sale
Everything you need to know about Listing Your Home For SaleCynthia Luoma
 
RecruitingPresentation_02_15 edited
RecruitingPresentation_02_15 editedRecruitingPresentation_02_15 edited
RecruitingPresentation_02_15 editedJeffrey Girod
 
What kind of media institution might distribute your
What kind of media institution might distribute yourWhat kind of media institution might distribute your
What kind of media institution might distribute yournicoleherring
 

Similar to Life and times of Derek Gallimore (20)

New microsoft power point presentation
New microsoft power point presentationNew microsoft power point presentation
New microsoft power point presentation
 
Solana vista pp final
Solana vista pp finalSolana vista pp final
Solana vista pp final
 
Tim sykes review
Tim sykes reviewTim sykes review
Tim sykes review
 
Keystone: Global Expansion, first stop the UK – with Graeme Frost
Keystone: Global Expansion, first stop the UK – with Graeme FrostKeystone: Global Expansion, first stop the UK – with Graeme Frost
Keystone: Global Expansion, first stop the UK – with Graeme Frost
 
Family Office Elite Magazine Special Promotional Edition
Family Office Elite Magazine Special Promotional EditionFamily Office Elite Magazine Special Promotional Edition
Family Office Elite Magazine Special Promotional Edition
 
Media work simranpal kandola 5
Media work simranpal kandola 5Media work simranpal kandola 5
Media work simranpal kandola 5
 
The big shift in the australian property market
The big shift in the australian property marketThe big shift in the australian property market
The big shift in the australian property market
 
Rohan K (14-03-18)
Rohan K (14-03-18)Rohan K (14-03-18)
Rohan K (14-03-18)
 
Keller Williams San Diego Metro Recruiting Presentation
Keller Williams San Diego Metro Recruiting PresentationKeller Williams San Diego Metro Recruiting Presentation
Keller Williams San Diego Metro Recruiting Presentation
 
Question 3
Question 3Question 3
Question 3
 
Powerpoint Makeover Services
Powerpoint Makeover ServicesPowerpoint Makeover Services
Powerpoint Makeover Services
 
Richard branson
Richard bransonRichard branson
Richard branson
 
The Entrepreneurs Radio Show 004 Kerry Grimes
The Entrepreneurs Radio Show 004 Kerry GrimesThe Entrepreneurs Radio Show 004 Kerry Grimes
The Entrepreneurs Radio Show 004 Kerry Grimes
 
Dynamics Day 2012 Closing Keynote, Rod Oram, The Data driven business.
Dynamics Day 2012 Closing Keynote, Rod Oram, The Data driven business.Dynamics Day 2012 Closing Keynote, Rod Oram, The Data driven business.
Dynamics Day 2012 Closing Keynote, Rod Oram, The Data driven business.
 
10 richest-self-made-billionaires
10 richest-self-made-billionaires10 richest-self-made-billionaires
10 richest-self-made-billionaires
 
ScaleupFest 2017: Yona Shtern (ParkWhiz)
ScaleupFest 2017: Yona Shtern (ParkWhiz)ScaleupFest 2017: Yona Shtern (ParkWhiz)
ScaleupFest 2017: Yona Shtern (ParkWhiz)
 
Revisionstation AQA GCSE Business 3.1.1 The purpose of business PowerPoint
Revisionstation AQA GCSE Business 3.1.1 The purpose of business PowerPointRevisionstation AQA GCSE Business 3.1.1 The purpose of business PowerPoint
Revisionstation AQA GCSE Business 3.1.1 The purpose of business PowerPoint
 
Everything you need to know about Listing Your Home For Sale
Everything you need to know about Listing Your Home For SaleEverything you need to know about Listing Your Home For Sale
Everything you need to know about Listing Your Home For Sale
 
RecruitingPresentation_02_15 edited
RecruitingPresentation_02_15 editedRecruitingPresentation_02_15 edited
RecruitingPresentation_02_15 edited
 
What kind of media institution might distribute your
What kind of media institution might distribute yourWhat kind of media institution might distribute your
What kind of media institution might distribute your
 

Recently uploaded

Device Management via Intune : Balancing Security and Flexibility
Device Management via Intune : Balancing Security and FlexibilityDevice Management via Intune : Balancing Security and Flexibility
Device Management via Intune : Balancing Security and FlexibilityManagedms365
 
Financial Statements Guide for Small Businesses:
Financial Statements Guide for Small Businesses:Financial Statements Guide for Small Businesses:
Financial Statements Guide for Small Businesses:DoshiAccountants1
 
Andrii Rodionov: What can go wrong in a distributed system – experience from ...
Andrii Rodionov: What can go wrong in a distributed system – experience from ...Andrii Rodionov: What can go wrong in a distributed system – experience from ...
Andrii Rodionov: What can go wrong in a distributed system – experience from ...Lviv Startup Club
 
Ivey Leveraging Information Technology MBA 2024
Ivey Leveraging Information Technology MBA 2024Ivey Leveraging Information Technology MBA 2024
Ivey Leveraging Information Technology MBA 2024Nihal Nishadul
 
Certificate of Good Standing Ferber Enterprises USA LLC
Certificate of Good Standing Ferber Enterprises USA LLCCertificate of Good Standing Ferber Enterprises USA LLC
Certificate of Good Standing Ferber Enterprises USA LLCFerber Enterprises
 
Cracking the ‘Skill gap analysis' Code.pptx
Cracking the ‘Skill gap analysis' Code.pptxCracking the ‘Skill gap analysis' Code.pptx
Cracking the ‘Skill gap analysis' Code.pptxWorkforce Group
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers referencessuser2c065e
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextP&CO
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...Hector Del Castillo, CPM, CPMM
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
 
Who is the Darshan Hiranandani Wife ????
Who is the Darshan Hiranandani Wife ????Who is the Darshan Hiranandani Wife ????
Who is the Darshan Hiranandani Wife ????surajkumarsk121223
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdfSherl Simon
 
Saffron and Dates opportunities from Iran .pdf
Saffron and Dates opportunities from Iran .pdfSaffron and Dates opportunities from Iran .pdf
Saffron and Dates opportunities from Iran .pdfRezaSeif2
 
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)Lviv Startup Club
 
Neha Jhalani Hiranandani: A Guide to Her Life and Career
Neha Jhalani Hiranandani: A Guide to Her Life and CareerNeha Jhalani Hiranandani: A Guide to Her Life and Career
Neha Jhalani Hiranandani: A Guide to Her Life and Careerr98588472
 
How to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHow to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHelp Desk Migration
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesDoe Paoro
 
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in EntrepreneurshipLessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in EntrepreneurshipDoge Mining Website
 
Roman Kyslyi: Використання та побудова LLM агентів (UA)
Roman Kyslyi: Використання та побудова LLM агентів (UA)Roman Kyslyi: Використання та побудова LLM агентів (UA)
Roman Kyslyi: Використання та побудова LLM агентів (UA)Lviv Startup Club
 

Recently uploaded (20)

Device Management via Intune : Balancing Security and Flexibility
Device Management via Intune : Balancing Security and FlexibilityDevice Management via Intune : Balancing Security and Flexibility
Device Management via Intune : Balancing Security and Flexibility
 
Financial Statements Guide for Small Businesses:
Financial Statements Guide for Small Businesses:Financial Statements Guide for Small Businesses:
Financial Statements Guide for Small Businesses:
 
Andrii Rodionov: What can go wrong in a distributed system – experience from ...
Andrii Rodionov: What can go wrong in a distributed system – experience from ...Andrii Rodionov: What can go wrong in a distributed system – experience from ...
Andrii Rodionov: What can go wrong in a distributed system – experience from ...
 
Ivey Leveraging Information Technology MBA 2024
Ivey Leveraging Information Technology MBA 2024Ivey Leveraging Information Technology MBA 2024
Ivey Leveraging Information Technology MBA 2024
 
Certificate of Good Standing Ferber Enterprises USA LLC
Certificate of Good Standing Ferber Enterprises USA LLCCertificate of Good Standing Ferber Enterprises USA LLC
Certificate of Good Standing Ferber Enterprises USA LLC
 
Cracking the ‘Skill gap analysis' Code.pptx
Cracking the ‘Skill gap analysis' Code.pptxCracking the ‘Skill gap analysis' Code.pptx
Cracking the ‘Skill gap analysis' Code.pptx
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers reference
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider context
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
 
Who is the Darshan Hiranandani Wife ????
Who is the Darshan Hiranandani Wife ????Who is the Darshan Hiranandani Wife ????
Who is the Darshan Hiranandani Wife ????
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
5-Step Framework to Convert Any Business into a Wealth Generation Machine.pdf
 
Saffron and Dates opportunities from Iran .pdf
Saffron and Dates opportunities from Iran .pdfSaffron and Dates opportunities from Iran .pdf
Saffron and Dates opportunities from Iran .pdf
 
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
Kyryl Truskovskyi: Training and Serving Open-Sourced Foundational Models (UA)
 
Neha Jhalani Hiranandani: A Guide to Her Life and Career
Neha Jhalani Hiranandani: A Guide to Her Life and CareerNeha Jhalani Hiranandani: A Guide to Her Life and Career
Neha Jhalani Hiranandani: A Guide to Her Life and Career
 
How to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your BusinessHow to Conduct a Service Gap Analysis for Your Business
How to Conduct a Service Gap Analysis for Your Business
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic Experiences
 
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in EntrepreneurshipLessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
Lessons from Shanavas M.P. (AKA SHAN) For The Mastering in Entrepreneurship
 
Roman Kyslyi: Використання та побудова LLM агентів (UA)
Roman Kyslyi: Використання та побудова LLM агентів (UA)Roman Kyslyi: Використання та побудова LLM агентів (UA)
Roman Kyslyi: Використання та побудова LLM агентів (UA)
 

Life and times of Derek Gallimore

  • 1. Life and Times of Derek Gallimore Entrepreneur, outsourcer, and lover of life
  • 2. Derek Gallimore on Your Property Empire
  • 3. Gallimore Gallimore’s Beginning • Born in the UK, but raised in New Zealand. • A very ‘middle class’ - but super supportive – upbringing. • Yet, Derek had a burning desire to build, grow, and conquer life –he was never just going to be a passenger.
  • 4. Travels Began • At 18, moved from New Zealand, to the Big Smoke of Sydney, Australia. • After two and a half years there, he left Sydney to travel around South America. Then continued on to London. • Arriving in London at 21, Derek felt as if he had wasted enough time. • He wasn’t yet ‘successful’ (whatever that meant), and time was ticking.
  • 6. Derek Tastes Success • Once in London, he saw a window of opportunity, in property – and went for it • The property market was red hot, but rental yields were so high (10%), and bank interest rates were so low (3%). Derek had no money, but he was determined. • Within 6 months he had saved most the deposit and managed to secure a near impossible mortgage from a lender. • Derek has only been in the country six months, had no credit rating, little money, was only 24 years old, and was working in a temporary contract role. The odds of any mortgage approval was stacked well against him, but he got the deal done. • Six months after the first property, he bought another. Then nine months later, bought another. • Derek Gallimore continued to buy and develop over a dozen more over the coming few years.
  • 7. Derek Gallimore in Australian Property Investor
  • 8. Global Financial Crisis • That big property wave later collapsed - in 2008. • The year of the world’s biggest financial crisis. The ensuing recession eclipsed the infamous Great Depression of the 1920s. • It basically shut down the entire baking system. • Derek was lucky. Derek was safe. Derek lost none of his properties and his portfolio was secure. • But since the entire banking sector imploded – property development wasn’t an option.
  • 9. Derek Gallimore at a business conference
  • 10. Serviced Apartments • On looking for businesses, serviced apartments presented itself as that perfect opportunity. • It had god synergies with Derek’s existing property experience - so he tested it and launched. • He began serviced apartments in London when it was a little-known sector. This was prior to Airbnb, and prior to the general awareness of short-term renting of apartments. • This new venture was launched on 6 April, 2009, and unbeknownst to him then, he spent the next nine years pouring his heart and soul into it.
  • 11. Boom Time • The company was an incredible success. • In under nine years, he (with the help of an incredible team) built a company that peaked at nearly $20m annual revenues, 70 staff, and 220 apartments. • It was built with very little external funding, and using old-fashioned lean start-up fundamentals.
  • 12. Derek Gallimore on Sky News
  • 13. Derek Gallimore - Collapse • But then the company failed. • The company, in 2016, collapsed. It completely broke Derek Gallimore. • The last year was spent trying to salvage it. He sold all his assets, liquidated everything, and injected it all into the company in what became a fruitless attempt. • The collapse meant that there were creditors, and unhappy clients stakeholders. It was a bloody mess. No one harder hit than Derek. • It had an incredible ride. But at by 2016, at nearly 40 years of age – Derek had lost it all.
  • 14. The rebuild • Derek Gallimore still had that fire in his belly • The collapse took a massive toll, but within days, he was done with licking wounds and started to rebuild. I simply had to. • Within weeks he had incubated a series of ideas, and was back on track for launching new ventures.
  • 15. Derek Gallimore meeting with James Caan
  • 16. His Learnings • Derek has been in business for over 20 years. He’s lived a diverse business and personal life from which he draws great collective wisdom. • Business is a fascinating art for him. A multidimensional, life-long game of chess. • Warren buffet famously said that "it takes 20 years to build a reputation and five minutes to ruin it." Similarly, Derek spent 20 years meticulously building business acumen, commercial experience and financial assets - and then lost all in a few months. • However, he’s learned an immense amount throughout his 20 years of business. • It’s said that “you either ‘win’, or you ‘learn”’. I.e. you bank your wins, and you learn from your losses. • Though Derek is commercially astute, and has a strong command of all aspects of business.
  • 17. Manila - Outsourcing • One of his most game-changing moments in business was when he started outsourcing – 2011. • A 24/7 customer service operation for London company. Unaffordable in London, so looked further afield. • Manila, Philippines is known as the outsourcing capital of the world. • Within months, Derek had set up a 24/7 operation, and his serviced apartment company was then one of the only ones in the sector that offered such a service.
  • 18. Derek Gallimore with Manila outsourcing team
  • 19. Outsource Accelerator • Experience with Manila opened his eyes to the broader opportunity with outsourcing. • So excited by the prospects, that within three years of setting the Manila office, he moved to Manila so I could be closer to explore the full potential. • Derek is supremely passionate about the opportunities of outsourcing. • So much so that he has since launched, Outsource Accelerator.
  • 20. Outsource Accelerator • Outsource Accelerator is fast becoming one of the world’s foremost independent authorities on outsourcing in the Philippines. • It offers independent unbiassed information, education and advisory for people that are interested in outsourcing. • The website offers a huge amount of content, 95% of which is completely free. • Outsource Accelerator offers podcasts, blogs, guides and editorials, and has a news hub, and a comprehensive outsourcing service provider directory, with over 500 BPO listings.
  • 21. Derek Gallimore – Inside Outsourcing
  • 22. Culmination of skills • It’s through 20 years business experience, extensive travel, and intimate first-hand knowledge of the outsourcing sector that best enable Derek to help people, begin their outsourcing journey. • Strongly believes that everyone in business should consider outsourcing. • It’s a game-changing opportunity. • Outsourcing is like steroids for business - can be plugged into virtually any business model, and can have profound cost saving and operational benefits. • www.outsourceaccelerator.com
  • 23. Articles and books of Derek Articles, books and media TV news shows featuring Derek Gallimore Derek Gallimore features on Sky News - Your Property Empire https://www.youtube.com/watch?v=LJZ4uGPOjI4 https://www.youtube.com/watch?v=m5X7GrHQaiU Derek Gallimore featured on TV on Switzer news show https://www.youtube.com/watch?v=eLvOT0Gmcyo&t=49s http://www.switzer.com.au/video/gallimore-20140520/ Books and author - Derek Gallimore Derek Gallimore - Inside Outsourcing - Amazon Inside Outsourcing - Rise of the Virtual Workforce and the End of Employment Traditions As We Know It. Ebook available on Amazon https://www.amazon.com/Inside-Outsourcing-Workforce-Employment-Traditions-ebook/dp/B071L6J3SG/ Derek Gallimore Amazon author profile https://www.amazon.com/Derek-Gallimore/e/B071F1D81P/ Derek Gallimore featured in Founders and under the Underdog book Launched on Publishizer https://publishizer.com/founders-and-the-underdog/ Book author’s home page http://greatnomad.com/ -Founder and Underdog book Articles about Derek Gallimore Australian Property Investor Magazine - Young Millionaires article http://outsourceaccelerator.com/derek-gallimore-young-millionaire/ The Guardian - International success on a shoestring https://www.theguardian.com/small-business-network/2013/may/17/international-success-on-a-budget Santander article - Growth brings new lease life https://www.santandercb.co.uk/client-stories/growth-brings-new-lease-life Big Hospitality - Multi million investment for serviced apartment expansion http://www.bighospitality.co.uk/Business/City-Marque-multimillion-investment-for-serviced-apartment-expansion Derek Gallimore appearing in Management Today - A Day in the life... http://www.managementtoday.co.uk/week-derek-gallimore-boutique-london-lets/article/1169254 Santander outreach article - Derek Gallimore London http://www.bitc.org.uk/news-events/news/small-enterprises-explore-value-responsible-business Great Nomad - Derek Gallimore interview http://greatnomad.com/derek-gallimore-journey/ Sun and Co interview with Derek Gallimore - Digital Nomads https://sun-and-co.com/2016/12/interview-derek-gallimore/
  • 24. Podcasts and external media Derek Gallimore podcasts Outsource Accelerator Podcast - Exploring Business and Outsourcing Mastery https://itunes.apple.com/ph/podcast/the-outsource-accelerator-podcast-with-derek-gallimore/id1237176027 External media outlets Derek Gallimore on Quora Quora profile of Derek https://www.quora.com/profile/Derek-Gallimore-1 Popular Quora answers from Derek Popular questions on Manila - how dire is it in Manila? https://www.quora.com/How-dire-is-it-in-Manila-the-Philippines/answer/Derek-Gallimore-1?srid=uSKDC On outsourcing work - what type of work will you consider to outsource? https://www.quora.com/What-type-of-work-will-you-consider-to-outsource/answer/Derek-Gallimore- 1?srid=uSKDC On AI and human computer interface - what is a skilled function that an uneducated illiterate human can do that a computer can’t do using a computer interface https://www.quora.com/What-is-a-skilled-function-that-an-uneducated-illiterate-human-can-do-that-a- computer-can%E2%80%99t-do-using-a-computer-interface/answer/Derek-Gallimore-1?srid=uSKDC On Outsourcing - What is the process of outsourcing an idea? https://www.quora.com/What-is-the-process-of-outsourcing-an-idea/answer/Derek-Gallimore-1?srid=uSKDC Derek Gallimore - Medium Derek Gallimore Medium profile https://medium.com/@derekgallimore Popular Medium article https://medium.com/@derekgallimore/a-life-of-derek-youve-probably-never-read-a-story-like-this- 9f439e2beb2c YouTube channel Derek and Outsource Accelerator channel https://www.youtube.com/channel/UC3IPHr0akizdALeBCwX0ueA Others Reddit AMA Derek Gallimore - Ask Me Anything https://www.reddit.com/r/IAmA/comments/6b23t0/i_am_derek_gallimore_20_years_business_success/ Slideshare Derek Gallimore profile https://www.slideshare.net/derekgallimore Popular slides XXXWEBSITEXXX
  • 25. Companies and sites Derek Gallimore companies and sites Keeping Good Company Phone-based company, companionship and personal development for the isolated elderly Website www.keepinggood.company Keeping Good Company website profile of Derek www.keepingood.company/derek-gallimore-story/ Keeping Good Company website author page - Derek Gallimore https://keepinggood.company/author/derekgallimoregmail-com/ Outsource Accelerator Independent unbiased information and education for the outsourcing sector Website www.outsourceaccelerator.com Outsource Accelerator website profile of Derek www.outsourceaccelerator.com/interview-derek-gallimore/ Outsource Accelerator website author page - Derek Gallimore XXXWWEBSITEXXX Chronohaus Subscription luxury watches Website www.chronohaus.com Chronohaus website profile of Derek www.chronohaus.com/about-derek-gallimore/ Chronohaus website author page of Derek http://chronohaus.com/author/derekgallimoregmail-com-2-2/ Derek Gallimore’s own website An introduction to Derek Website www.derekgallimore.me Connaught Group Derek Gallimore Property development - London Website www.conauhgtgroup.co.uk Connaught website profile of Derek http://www.connaughtgroup.co.uk/derek-gallimore-bio
  • 26. Social Media of Derek Gallimore Social media connections Facebook Derek Gallimore Facebook www.facebook.com/derekgallimore Chronohaus Facebook page www.facebook.com/chronohaus Keeping Good Company Facebook page www.facebook.com/keepinggoodcompany Outsource Accelerator Facebook page www.facebook.com/outsourceaccelerator Linked In Derek Gallimore Linked In page https://www.linkedin.com/in/derek-gallimore/ Outsource Accelerator Linked In page https://www.linkedin.com/company- beta/13303833/ Other social media Twitter https://twitter.com/derekgallimor e Angel List profile https://angel.co/derek-gallimore About me https://about.me/derek-gallimore Gravatar www.gravatar.com/derekgallimore Derek Gallimore Google Plus https://plus.google.com/1182803 37537493713191 Myspace https://myspace.com/derekgallim ore