ey-paul-yeomans

Paul Yeomans

Founder and CEO, PMY Group

National Finalist in EY Entrepreneur Of The Year 2024 Australia

Related Topics Entrepreneurship

Paul launched PMY Group with a credit card, some ‘youthful exuberance’ and the belief that he could help sports and entertainment facilities increase their income.

That he has done; in fact he has revolutionised the use of technology in stadiums, events and public spaces. PMY is now a global leader and ‘market maker’, working with over 1000 companies in 12 countries to enhance customer experience, operations and business intelligence.

Paul’s formula for entrepreneurial success is passion plus curiosity plus conviction. Any entrepreneur needs, he says, to believe that their idea and their ability to implement it will withstand challenges, external factors and unforeseen disasters. You need faith in your team’s potential to excel, and you need to trust your instincts about risks and opportunities, even when others express doubt.

Paul saw the market potential early on and iterated on PMY’s corporate structure, experience and leadership to become a global business platform with a stellar clientele. With exponential growth and new markets on the horizon, PMY received $45 million in growth equity from institutional investors to assist this expansion.

PMY’s innovative approach has led to the design of Major League Baseball, National Football League and entertainment venues in the US. It also manages the planning and delivery of event technology for top golf, tennis, Olympics, basketball and music events.

PMY Group’s recent expansion into education, transport, property and retail sectors has proven fruitful, demonstrating the company’s adaptability and its leadership team’s strategic acumen. The company is recognised as the number-one stadium technical design firm in the US and the leading technology provider for major events in the UK and globally.

Paul often reflects on some advice he received: "It doesn't matter how well your business does, it doesn't make you a better person. It doesn't matter how badly your business does, it doesn't make you a worse person." Pondering this helps him separate the highs and lows of business from his sense of self and his personal life. Considering how all-encompassing business can be, this serves as an important lesson.