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Entrepreneur Dies


slinkydevil

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I had an enjoyable encounter with Gubay many years ago. I was selling an item and he came to the house looking to buy. I hadn't a clue as to who he was. Anyway, he offered an amount for the item and I declined the offer. This went on for a while and I was getting somewhat bored so I made my excuses and said I had to be somewhere. He then asked if I knew of Celtic Bank. I replied that I did. He then announced that he owned it. So I said in that case he could well afford my price. He laughed out loud and we did the deal.

 

Max Power seemed to have the measure of him.

My Dad worked on the Celtic Bank build. Specialist Flooring I think.

 

He told me a story about how AG had arranged with a UK company to meet on site about the glass requirements. Doors, window etc which were going to be bomb/bullet proof.

 

The guy in question flew over and arrived on site about 9 a.m. AG asked him where he had been and the conversation, apparently, went like this:

 

"I've just landed after flying over this morning".

 

AG - "I was on site at 8 a.m and I expect you to be too so you should have arrived yesterday. The meeting is over and you can go back to the UK".

 

My Dad was stood close by. He said the UK guy then proceeded to get quite stroppy/intimidating with AG (who, IMO, had a very valid point given the size and importance of the contract they were looking to obtain). Now Gubay would be in his early 50's probably at the time and was a short arse.

He offers to take the guy down the beach for a fight to settle the argument! To which there was, apparently, a gob smacked silence before the guy thought better of it and left!

 

 

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If you are going to have the force of mind to create and sustain wealth as large as Gubay did via multiple business etc you are going to have a pretty unique personality.

 

He's clearly remembered more for those he trampled upon than the positive legacy of what he built and his generosity towards the Catholic Church will likely not help his reputation and may well hurt it further.

 

He did ruin people but he helped people too, not just with his philanthropy but in the careers he nurtured. My philosophy of live sees him destined for neither Pearly Gates or down there, but simply to decay.

 

Entropy will also reap its inevitability on his legacy, but in a thread which is dwelling by far the most on the negative aspects of this man's life, my contrarian personality wants to note Gubay achieved an awful lot starting with not much at all.

 

Doing that is admirable, He created a lot and many people gained a livelihood working with him, more than those ruined. His treatment of those he took against is well known and is correctly something raised whenever his legacy is mentioned, but Gubay was a more complex person than just that, as Max Power & Addie have hinted.

 

I don't want to downplay the negatives in Gubay's legacy, but just want to point out he was more than that - a unique business man has gone who created much, did much with his life.

 

There are complex lessons to be learnt from that.

 

Chinahand, that posts says loads and loads but says nothing. The art of verbosity. Thou should become a politician.

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I think Barrie is my only rival for verbosity!

 

I suppose the only thing I wanted to say was this bit:

 

Gubay achieved an awful lot starting with not much at all.

Doing that is admirable, He created a lot and many people gained a livelihood working with him, more than those ruined.

 

The world would be a poorer place without people like Gubay, for all the anger over his treatment of many people.

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There are many entrepreneurs who started with nothing, and ended up with millions.

 

The ones who have done so by stamping good people into the dirt and alienating many others are fortunately few and far between.

 

Yes, charities are now benefitting from his demise, and hopefully a lot more people will now benefit from him than the number who were shat on in the past.

 

That, unfortunately, doesn't turn him into a nice person.

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Never met the guy. Heard enough to know that he was a shit of a man. Even though I never had the displeasure of making his acquaintance I rejoice to know that there is one less crook trying to fuck people over in the name of business.

 

So you might say 'why are even commenting if you never knew him?' We should keep the trope of men of his character alive in memory to avoid getting fucked by them in the future.

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I recall Dudley Butt explaining to me why Deemster Doyle had to rule in favour of Gubay's "gagging order" on Roly.

 

I have to say I wasn't convinced. Sorry Dud!

 

It is not unknown for Deemster Doyle to just go with the side that is richer and more powerful. And to hell with the law.

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I don't think anyone came out of that sordid affair particularly well. Except for Roly of course. The shame for me is that Roly never got his day in court where he could prove that he had not actually libelled Gubay but it was, in fact, all true. However Gubay never got to find out who in his organisation had dished the dirt on him, which was one of the main reasons for the whole farrago. It also pushed Richard Corkill's "local difficulties" into the national press which I'm sure he was less than pleased about.

 

Don't ever think you have to be nasty, vicious, vindictive, underhand etc etc to be a success in business because you don't.

 

Never forget that people are far better workers if they are led and not driven....

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