Ireland finally has an opportunity to take an independent stand in the global business sector.
For hundreds of years the Irish have been bowing at the feet of others, more specifically the English and the Church. Even the Celtic Tiger can be partly ascribed to foreign nationals boosting economic development. Ireland struggled economically for so many decades after the formation of the State, a mentality of defeatism and resentment of the success of others took root. While our fortunes were transformed during the economic boom, the recession saw a return to this old mentality. And even now with the economy blossoming strongly after the recession, the mentality of many Irish people is often stuck way in the past.
An Undesirable Environment for Irish Entrepreneurs
According to U2 frontman Bono, if you compare the reactions of fans in the US and in Ireland the difference is staggering. Americans would look at a person’s success and strive to emulate it, whereas the Irish would react with derision and resentment towards such success. The Irish culture has a strange tendency to treat accomplishment with suspicion and failure with scorn; no wonder for years we failed to develop a nurturing environment for entrepreneurs.