George Koukis bought a twice bankrupt company for $948,000 USD against the advice of his five advisors. He renamed the company TEMENOS, took it public at a $1.4 billion valuation without credit lines or financial projections, and grew it to become the world's number one company in its industry. While most new businesses fail, Koukis emphasizes values like passion, commitment, determination and never quitting to achieve long term success despite realities like economic downturns. He argues for redefining success beyond just money and focusing on creating jobs, useful products, being a good citizen and protecting the environment.

1. 2012-10-03-DSC06014-GKR LKR
New Delhi, 30 Nov 2017
George Koukis
IDEAL BUSINESS PLAN

4. TEMENOS
I bought a twice bankrupt for 948,000 USD
My VC appointed 5 Advisors
(Lawyer, Accountant, Investor, Well Known Businessman, Friend )
All 5 said “DO NOT DO IT”
Il est Fou
Il est Malade
Ce n’est pas possible

5. TEMENOS
Renamed it TEMENOS
No Credit lines, No Overdraft
20 Year Plan – No Financial Numbers

6. TEMENOS
I took it Public at 1.4 Billion
Today’s Value is multiples of IPO
TEMENOS is No 1 World Wide

7. TEMENOS
I took it Public at 1.4 Billion
Today’s Value is multiples of IPO
TEMENOS is No 1 World Wide
Top 5 in Corporate Governance
Annual Awards (Best in Innovation,
Technology, Private Banking, Retail, etc)

8. New Companies start with same purpose;
Successful, grow, become important, be
respected, have happy clients, make
profits, invest, innovate……Steve Jobs
EXPECTATIONS vs REALITY

9. Most FAIL
Soon Reality sets in
BUSINESS PLANS

10. 175,000 per annum & growing
3,400 per week
680 per day
OFFICIAL STATISTICS
BANKRUPTCIES in EUROPE

11. GK Experience is Higher than 90%
MORE STATISTICS

12. SURVIVAL

13. An Idea, Business Plan

14. Grow the Business, Offices,
Big Profits, IPO, Become Famous

15. REALITY SETS IN !!!!!!
Economy, Wrong product

16. REALITY SETS IN !!!!!!
Cashflow, Geopolitical Issues

17. THE KING IS DEAD
Bankruptcy

22. Fear, Terrorism
Crime, Overpopulation
Poverty, Pollution, Illiteracy
Sovereign Debt, Unemployment
Geopolitical Conflicts, Nuclear Proliferation
Social Justice, Prisons, Torture
Human Trafficking, Arms, Drugs, Health
Stagnating Economies, Investor Confidence
ENVIRONMENT

23. Short-Termism
Decision making timeframes
• Politicians - Next Election
• Business - Next Quarter
• Religion - Daily

24. What is Success ??
Most People will relate Success to Money
Would you like to be a millionaire tonight or in 50 years
The shortest the timeframe the most
criminal the decision
Society Must Re-define SUCCESS

27. Money is the Consequence of Success

28. First you DREAM
Then you BELIEVE in your DREAM
Then it HAPPENS
Graf Ferdinand von Zeppelin(1838-1917)

29. The greatest danger for
most of us is not that our
aim is too high and we miss
it, BUT that it is too low
and we reach it.
Michelangelo

30. Be Different
DREAM
Passion
Positive Energy
Commitment
Stamina
Never Quit
Determination
Work Hard

31. Passion
Positive Energy
Commitment
Stamina
Never Quit
Determination
Work Hard

32. Passion
Positive Energy
Commitment
Stamina
Never Quit
Determination
Work Hard
Good Health

33. Good Things
• Create Jobs
• Useful Products
• Be a Good Citizen
• Protect Mother Earth
ROAD MAP

34. Accountability
• Your Plan, Your Responsibility
• Complaining is not a solution
• Winners learn from mistakes
• Losers blame others, never their
fault and always “quit”
ROAD MAP

35. Timeframe
• Think Long Term
• I had a 20 year plan
• 100 Years is better
Timeliness adds depth of vision that enhances our
ability to communicate, conceive and act
ROAD MAP

36. Leadership
• Leadership with Integrity cannot
exist alongside Fear or Guilt
• Money & Power Corrupt
• Greatness & Innovation are born of
the Individual
ROAD MAP

37. Change does not come from Systems,
Political, Religious, Social…
ONLY FROM INDIVIDUALS

38. Essential Values
1. Greatness (Mission)
2. Love for Freedom
3. Incorruptible Integrity
4. Philotimo

39. If someone says that you are
Crazy, this may mean “greater
probability of achieving
Greatness”

40. 2012-10-03-DSC06014-GKR LKR
Thank You
Merci
Ευχαριστω
谢谢
Obrigado ಧನ್ಯವಾದಗಳು
நன்றி Teşekkür Ederim
धन्यवाद
Grazie
ありがとう

41. 2012-10-03-DSC06014-GKR LKR
New Delhi, 30 Nov 2017
George Koukis
IDEAL BUSINESS PLAN