Travellers make Lonely Planet their key to freedom
By Megan Wahr
I entered Lonely Planet noticing a huge box of thongs bound
for East Timor. The young surfer at the switchboard phoned through that
I had arrived and I was led to Maureen''s small windowless office. Two
things caught my eye, a photo of Maureen with the Dalai Lama and several
cards with love heart decorations. It felt warm. "I''m not here all the
time, so it made more sense for me to only have a small office," Maureen
told me when I expressed surprise at her meagre space. I asked her about
Lonely Planet''s beginnings. Ingenuously she answered, "I didn''t think
it would succeed."
Lonely Planet began in 1973 when Maureen and her husband
Tony arrived in Sydney with just 27 cents in their pockets after travelling
around Asia. They wrote a backpackers'' travel guide which they typeset,
sold, promoted and distributed themselves. They attended trade fairs,
book fairs, travel shows and talked to everybody. In 1980 they published
their book on India - a big investment that made them a lot of money.
They took on staff, a partner, had their first child and realised their
business could really work. Now a mother with traditional ideas, Maureen
was finding it harder to travel. She was stuck in hotels breast feeding
while Tony raced around taking notes. At home she picked her children
up from school, put them to bed at six and then worked at night, "If you
really don''t want to spend time with children why bother, why not stay
childless and get on with your job?"
Establishing Overseas and Become and Industry Leader
In 1983 the Wheeler family temporarily moved to the United
States to establish their American base. It was stressful, put-ting huge
amounts of money in and not getting much back but it all paid off - they
now have 500 staff around the world and produce 500 titles. The company
sells over three million books per year and 90% are exported around the
world, in fact, 85% of overseas travellers coming to Australia carry a
Lonely Planet book. Turnover has doubled in the last three years to $55
million.
Lonely Planet is the only independent company of its size
publishing travel guides. Penguin Books publishes some, but travel is
only a section of its company, and there are some very small independent
travel publishers. Ongoing success is attributed to Lonely Planet''s total
focus on travel information. New products include its website which attracted
8,000 hits in its first month, in-flight videos and a possible television
series. People are constantly surprised that their company, being so successful,
is Australian.
Maureen really enjoys her work. "I''ve got great people with
great ideas. I get to choose which projects they do and they go and do
all the work." She is involved in all the decisions for change or growth
but not so much the day-to-day running of the company. Tony and Maureen
keep on top of their market by travelling two to three months a year,
mostly backpacking. Maureen never flies first class and doesn''t stay at
Hiltons. Raffles Hotel, yes, or the Peninsula in Hong Kong but most of
the time it''s mid-range accommodation where she meets real people.
Staff - the Most Vital Part of the Company
For Maureen, staff are the most vital part of the company.
You have to be prepared to take on board what they think and listen to
them. If staff feel that what they are doing is worthwhile and have a
sense of pride, they''re going to want to do the best they can do. Profit
sharing, bonuses and gym mem-bership are just some of the facilities and
perks at Lonely Planet. "If you don''t have good staff then forget it,"
explains Maureen.
Why Lonely Planet Will Not Go Public - Maureen never wants
the company to go public.
"I would not work in Lonely Planet if I did not have control.
I find it disgusting - a business being run on the basis that the people
who own it, but don''t work in it, can dictate the fact that it lays people
off or whatever. To me the whole thing of doing anything is to create
something, not just profit. Profit for us dictates what we can do next
year, what projects we can get involved in, fun things we can do. For
Maureen, "The last 26 years have not been about accruing a house or two
houses, or three houses. I have a house in Richmond, not Toorak, but Richmond.
We each have a car. Tony has a Ferrari because he had always wanted a
Ferrari, I have an Audi because that is sensible. I have some nice clothes
and jewellery and that is the extent of my possessions." Her big extravagances
are a personal trainer four times a week and the ability to be able to
travel all the time. Some rings up, invites her away and she can say yes.
Admittedly, she takes a Lonely Planet book and checks facts, but for the
first time in her life she is free and loving it.
Survival Tactics - What if it all Went Crash
We talked about what would she do if it all went crash.
She mused that it would be different, "I would salvage some-thing from
here, so I''m not starting from scratch. I would be looking at a business
that I could contain, keep my freedom." She wouldn''t put 26 years into
something again nor be responsible for so many staff. "That''s another
reason I would never go public. I would never want to be responsible to
shareholders for what I do when their only interest would be money."
The Future
She doesn''t see her children taking over, it isn''t something
she has considered. It perturbs her that her fiftieth birthday is in February,
but she can''t imagine not working. "What would I do?" she asks.
"I don''t have great plans, I don''t have great concepts
of what''s going to happen, I live very much on a day-to-day, week-to-week
basis, I dislike plans. Even when Tony and I go travelling, until recently
we never booked the first night''s accommodation." She likes throwing out
ideas of what could be done, possibilities and hates sitting down, working
out how to pay for it, how to manage it. "That sort of thingbugs me and
Tony''s even worse.
"If Tony and I could be seen as doing anything very smart
it would have been jumping on possibilities as they hap-pened, realising
something was potentially a good thing, and being flexible and prepared
to take risks. If you try to do things the safest way, apart from being
very boring, I think you miss out on huge opportunity. You''ve always got
to be prepared to take risks and at the same time be flexible to change
and if the thing isn''t working drop it."
3 Key Pieces of Business Advice
- Don''t do it for money. If money is the motivating factor you may
make money. It isn''t that hard to make money. I think it is far more
important to find something you enjoy doing. Have fun. Life''s too short.
At the end of the day when you''re 70 or 80 living in a great big house
and you''ve got this great big car what damn good is it if all you''ve
ever done is work all your life to have it. Don''t make money the motivating
factor for anything you do. Make it the enjoyment of what motivates
you the money will come later.
- Be prepared to work extraordinarily hard. That''s why it has to be
fun, because if you''re working 12 hours a day or more, which we do sometimes,
it''s got to be enjoyable or else it''s a hell of a waste of your life.
- Be flexible
Megan Wahr founded the Australian Businesswomen''s Network (ABN) in
1989. She is currently a full time mother and continues to contribute
to the ABN. She can be contacted on (03) 5423 9256.
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