Trading Up

The Irish News

Trading Up hosted by Jim Fitzpatrick, delves into the real businesses, personal stories, and remarkable journeys of entrepreneurs. Discover insights on risk, resilience, and business growth from diverse founders and leaders in businesses big and small across various industries. Tune in weekly for inspiring entrepreneurial learnings. Hosted on Acast. See acast.com/privacy for more information.

  1. Aug 26

    Ford, Kukoon, Seating Matters: Facing Reality and the Long View in Business

    Jim Fitzpatrick brings together three extraordinary stories of entrepreneurial grit and resilience. First, former Ford executive Lyle Waters reveals how facing reality saved an 'unsolvable' South American auto operation, turning a $1 billion annual loss into a $300 million profit. Next, brother and sister team Paul and Claire Vallely of Kukoon Rugs discuss surviving 'technofeudalism' on giant platforms like Amazon and Meta, where modern digital marketing costs can now exceed physical product costs. Finally, the Martin Tierney of Seating Matters shares his inspiring journey to Japan, where he knocked on Toyota’s door to master lean manufacturing principles. He explains why he pays it forward by sharing this lean wisdom. Discover these crucial, proven insights on honesty, grit, and long-term business strategy. Brought to you in association with EY. The views and opinions expressed by guests on this podcast are their own and do not reflect the views or positions of EY or its other member Firms. EY proudly sponsors the Trading Up podcast but does not endorse or take responsibility for any statements made by individual guests. The Trading Up podcast is for informational and entertainment purposes only and does not constitute professional advice. Supported by - Queen’s Business School at Queen’s University Belfast offers world-class undergraduate, postgraduate, and executive education. The mission of Queen’s Business School is to educate and explore for the benefit of business and society. QBS is triple-accredited, an accolade which puts it in the top 1% of business schools in the world. As a member of the Global Business School Network, the School is connected through strategic partnerships across the globe. QBS engages with the business community to develop principled and effective leaders, provide student and graduate talent, and harness innovation through academic expertise. Hosted on Acast. See acast.com/privacy for more information.

  2. Aug 19

    The Art of the Shift: How Commercial Failure Unlocks Entrepreneurial Impact

    In this episode, Fiona Bennington of Catalyst shares her journey through the world of invention and product design. She details how she developed an innovative wearable device to manage period pain - a product that successfully made sales and won a major category award, but ultimately served as a profound learning experience in commercial failure. Though her invention solved a painful, real-world problem, its lack of a scalable strategy taught her that engineering a great product is only half the equation. Fiona reflects on her critical identity shift from a problem-solving engineer who simply wanted to build things, to an entrepreneur who understands how to commercialise them. She explains why commercial viability is the ultimate foundation of sustainable, long-term impact. Today, Fiona brings these hard-won lessons to her role at Catalyst, empowering early-stage founders to turn their own inventive designs into scalable businesses. Tune in to discover why success and failure are both vital in the entrepreneurial journey. Brought to you in association with EY. The views and opinions expressed by guests on this podcast are their own and do not reflect the views or positions of EY or its other member Firms. EY proudly sponsors the Trading Up podcast but does not endorse or take responsibility for any statements made by individual guests. The Trading Up podcast is for informational and entertainment purposes only and does not constitute professional advice. Supported by - Queen’s Business School at Queen’s University Belfast offers world-class undergraduate, postgraduate, and executive education. The mission of Queen’s Business School is to educate and explore for the benefit of business and society. QBS is triple-accredited, an accolade which puts it in the top 1% of business schools in the world. As a member of the Global Business School Network, the School is connected through strategic partnerships across the globe. QBS engages with the business community to develop principled and effective leaders, provide student and graduate talent, and harness innovation through academic expertise. Hosted on Acast. See acast.com/privacy for more information.

  3. Aug 12

    The Great Profit Squeeze: Flat Sales, Burnham’s Care Taxes, and Trump’s Tariff Wars

    In this episode of Trading Up Unpacked, Jim Fitzpatrick and Richard Ramsey dissect the intensifying profit squeeze gripping Northern Ireland businesses. Despite flat sales of £35 billion, pre-tax profits for NI's top 100 companies have plummeted by 17.5%. Meanwhile, local PMI figures reveal new orders falling at their fastest rate in three and a half years, with sectors like retail and hospitality hit hard by rising costs. The hosts examine domestic pressures, from National Insurance hikes to Prime Minister Andy Burnham’s bold gamble on social care. Burnham is navigating tight manifesto restrictions by leaning towards a 10% "death tax" or a 1.8% income care levy. Globally, they analyse how Middle East conflicts have drained US strategic oil reserves to 1980s levels and evaluate Donald Trump’s record-low approval on inflation and his disruptive new tariffs. They also debate how regional supply chains face delays amid geopolitical tensions and local civil unrest. Brought to you in association with EY. The views and opinions expressed by guests on this podcast are their own and do not reflect the views or positions of EY or its other member Firms. EY proudly sponsors the Trading Up podcast but does not endorse or take responsibility for any statements made by individual guests. The Trading Up podcast is for informational and entertainment purposes only and does not constitute professional advice. Supported by - Queen’s Business School at Queen’s University Belfast offers world-class undergraduate, postgraduate, and executive education. The mission of Queen’s Business School is to educate and explore for the benefit of business and society. QBS is triple-accredited, an accolade which puts it in the top 1% of business schools in the world. As a member of the Global Business School Network, the School is connected through strategic partnerships across the globe. QBS engages with the business community to develop principled and effective leaders, provide student and graduate talent, and harness innovation through academic expertise. Hosted on Acast. See acast.com/privacy for more information.

    The Great Profit Squeeze: Flat Sales, Burnham’s Care Taxes, and Trump’s Tariff Wars

About

Trading Up hosted by Jim Fitzpatrick, delves into the real businesses, personal stories, and remarkable journeys of entrepreneurs. Discover insights on risk, resilience, and business growth from diverse founders and leaders in businesses big and small across various industries. Tune in weekly for inspiring entrepreneurial learnings. Hosted on Acast. See acast.com/privacy for more information.

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