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1、 Teaminvest Private Group Limited(ASX:TIP)ACN 629 045 736 CEO letter For the year ended 30 June 2020 Noble purpose:Transferring knowledge between generations Mission:Assist successful business owners to enhance their legacy;and mentor the next generation of business leaders Vision:To build a society
2、 where the knowledge we accumulate over a lifetime isnt lost to retirement,forcing the next generation to learn it all again Year Year in reviewin review It is my pleasure to present the CEO report for the financial year ended 30 June 2020(FY20)for Teaminvest Private Group Limited(TIP)and the record
3、 results it contains.When I wrote in my half-yearly letter that“we cant always prepare for momentous unplanned events such as global emergencies”,I had no inclination that my words would be proved prescient so quickly.Starting with the bushfires in January,the catalogue of floods,pandemic,lockdowns,
4、cyber warfare,unrest,and even storms of locusts(in June and July in Africa)this year have appeared more like a biblical story threatening plagues of all description than the sanguine periods of economic growth we have been accustomed to.It is incredible to think that only six months ago none of thes
5、e global events were on the radar.Whilst I had no idea of what the future would hold when I wrote that sentence,I am profoundly glad that the next sentence also proved true:“However,I am confident that the talent,hard work,great ethics and dedication of our growing team of business leaders will deli
6、ver long term success regardless of any bumps they experience in the road on the way.”As owners of our business,you can be proud of how our leadership teams have risen to the challenges they faced this year.Not only have they taken events in their stride,our Portfolio Companies are stronger today th