Dean Forbes, the CEO of Swedish software firm Forterro, shares his inspiring journey from homelessness as a teenager to influential entrepreneur. He reflects on key life lessons learned from failures, especially after his football career didn't pan out. Dean discusses resilience shaped by his upbringing in a single-parent household and emphasizes the importance of overcoming bias in the corporate world. He also highlights his commitment to sustainability and the ambitious future of merging smaller software companies.
Dean Forbes attributes his success as a CEO to resilience developed from overcoming childhood homelessness and family challenges.
His transition from a failed career in professional football to corporate leadership highlights the importance of adaptability and financial acumen in business.
Deep dives
Overcoming Adversity: Dean Forbes' Early Life
Dean Forbes shares his journey from a challenging upbringing in Lewisham, South London, where poverty and homelessness were prevalent, to becoming a successful entrepreneur. Raised in a single-parent household, he took on the role of caregiver to his mother, who suffered from muscular dystrophy, which instilled a sense of resilience in him. Experiencing homelessness twice during his childhood taught him the importance of perseverance and viewing life's challenges as hurdles to overcome rather than insurmountable obstacles. Despite the difficulties, he reflects on those times with a sense of gratitude, having learned valuable lessons that shaped his character.
Transitioning from Sports to Corporate Life
Forbes initially pursued a career in football, showing promise as a player for Crystal Palace and even representing Guyana internationally. However, when his aspirations of becoming a professional footballer fell short due to a lack of discipline, he faced a significant career shift into the corporate world. Starting at Motorola, he quickly learned about the harsh realities of corporate expectations and the importance of financial management, as he struggled with mounting debts. This transition pushed him to adapt and eventually find success in various roles at startups, which set the stage for his later achievements in the software industry.
Success in the Software Industry
Dean Forbes built a remarkable career within the software industry, notably leading Primavera's international business before its acquisition by Oracle for $550 million. His experience at Oracle was pivotal, where he acquired valuable insights into scaling businesses, yet he felt a pull back towards helping smaller companies grow. Following his time at Oracle, he transitioned to leadership roles in several smaller firms, leveraging his turnaround expertise to revitalize struggling businesses. Today, as CEO of Fortero, he emphasizes the importance of resilience shaped by his early life struggles, aiming to create a globally influential company through rapid expansion and acquisitions.
Dean Forbes twice became homeless as a teenager, then got dropped from a career as a professional footballer. He points to that failure as a key moment in his eventual success, because it made him more determined. Now the business executive has topped a list celebrating influential black Britons.
(Picture: Dean Forbes. Credit: Getty Images)
Presented by Theo Leggett
Produced by Theo Leggett and Sam Clack
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