BGCC & Entrepreneur Host ‘The Pragmatic Entrepreneur’ Stephan Fitch

The author of ‘The Cycle of Inequity,’ which addresses the global misallocation of capital and its systemic causes, particularly in relation to SMEs, and the inventor of the Uniform Business Classification System (BGS), was invited by Entrepreneur Magazine (Georgian Edition) and the British Georgian Chamber of Commerce (BGCC) to talk to Georgian entrepreneurs at the prestigious Regus Tbilisi business center yesterday.

Stephan A. Fitch is a self-titled “serial entrepreneur” who has worked over the past 35 years on developing a wide variety of new technologies worldwide. He is also the co-founder, director, inventor and CEO of Business Governance Solutions Ltd (BGS), which developed an innovative software platform providing enterprises with cost-effective solutions to managing the many aspects of their business processes, in effect, acting as a virtual COO.

“I am a 60-year-old entrepreneur who has worked over the past 35 years on developing a wide variety of new technologies ranging from superconducting chip manufacturing to pharmaceuticals and mineral exploration,” Fitch told his audience. “In most cases, these activities included identifying and validating technologies, building the management teams to run them and funding their growth through both private and public offerings. My directorships, in addition to our own portfolio companies, have and do extend to other unrelated companies, often public, where I have served as Chairman of Audit, Governance and Compensation committees. The proprietary technology I have created in Business Governance Solutions, a transformative software platform and its associated products, reflects a culmination of all my collective experiences.”

He then went on to engage the audience in the following topics: 1. Raising Money in Difficult Times; 2. Establishing and Maintaining Ownership and Operational Control; 3. Working with and Navigating Government Regulation; 4. Establishing International Markets; and 5. Funding Growth.

“It’s an honor for us to cooperate with BGCC and to host Mr. Stephan A. Fitch here in Georgia together with members of the BGCC and partners of Entrepreneur Magazine,” said George Sharashidze, Editor-in-Chief, Entrepreneur Magazine Georgian edition. “It was a great opportunity to listen to such an experienced entrepreneur, chat with him in person and gain new knowledge on doing business globally.”

By Katie Ruth Davies