Not only is Terry popular for becoming the first billionaire of a country, he is also well known to be the owner, or have provided funding to over 80 companies in the tech industry. Today, he is the Chairman of Mitel and Wesley Clover, both of which he founded.
His fascination with tech companies began when he became a research apprentice at British Telecom. After that, he joined MicroSystems International, a tech company specializing in the development and manufacturing of micro chips.
It was during his stay at MicroSystems that Terry ventured into the world of business by establishing Mitel together with one of his co-workers, Michael Cowpland. Mitel actually stands for Mike & Terry Electronics. The company started off by selling electronic lawnmowers. Unfortunately, their first delivery almost turned out to be a disaster that would have destroyed the company. Their first shipment container was somehow lost by the shipping company, but was later recovered. However, when the shipment finally arrived, the season had turned to winter, and no one would buy lawnmowers when their gardens were covered in snow.
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