In conversation with… Michael Dineen FCA

Aug 01, 2018
Michael Dineen founded Contracting PLUS, a financial advisory services firm for professional contractors, in 2002. Here, he shares some insights into life as an entrepreneur.

What was the ‘a-ha!’ moment that gave you the idea for your business?
When I understood that large, project-driven companies in Ireland really needed a complete service for their professional contractors. I knew we could provide a complete, professional and compliant service that would dovetail into the client’s way of operating.

When did you consider yourself a success?

The business wasn’t an overnight success. It took 18 months of hard work to get people on board, but then I landed two big clients and from there it went from strength to strength. We’ve enjoyed about 15 years of continuous growth thus far and we’ve since expanded into the UK and have established operations in India.

What was the most important part of your business journey?

Building a team and bringing my business partner of 15 years, Fergal Lennon, who is also a Fellow of Chartered Accountants Ireland, on board. The shared responsibility allowed us to go places much more quickly.

What are your success habits?

Staying fit, emphasising fitness and work-life balance in the workplace, and leading by example. We provide pilates, freestyle fitness classes, mindfulness and support those seeking further educational training. Being open to learning and new ideas is a big plus. Our company is also working to create an innovative approach to getting work done by introducing more flexibility in our teams, which will assist greatly in bringing more talent into the workforce. This is essential, given the country’s low unemployment rate and our need for more skilled workers.

What’s the most interesting thing about you that we wouldn’t learn from your CV alone?

I don’t have one. I was never an employee, except for 15 months in 1990. Since then, I’ve been my own boss and I sincerely believe that this is the best way to work. I’m a big supporter of the flexible workforce and the world is moving in that direction. I’d love to see Ireland as the ‘best place to get work done.’

Michael Dineen FCA is Founder and Chairman of Contracting PLUS.