Exciting three days in Lisbon for “fueling the entrepreneurial engine”, in the beautiful Penha Longa Resort with a fantastic crowd of fellow entrepreneurs on learning sessions and networking events.
The kickoff yesterday started with a very inspiring keynote from Francisco Pinto Balsemão, former Prime Minister of Portugal and today biggest media mogul in the country. He spoke about his life when he turned from journalist to politician and from politician to entrepreneur. Absolutely savvy how to catch an audience, he appeared absolutely authentic in what he had been doing throughout his entire life.
Towards the end of his speech, he said a lot about the challenges that the internet is posing to a media group like his where a lot of “management by cannibalization” has to take place. What this means? Well, although as a publisher you know that the online edition of your newspaper property will badly eat into your more profitable printed edition, you have to do it. Better cannibalize the business yourself instead of letting the others do so.




