Breaking Boundaries in Security!
The true quality of a leader is not perfection but originality, the opening of new
frontiers for others. In an era marked by evolving security needs, the safe deposit
box plays a pivotal role in safeguarding valuable assets. With a profound commitment
to innovation and security, Terry Downes has revolutionized the security frontiers
for everyone.
In this profile, we delve into Terry’s remarkable journey, his approach to leadership
and decision-making, and his unwavering commitment to building a corporate culture
rooted in respect and mutual success. Join us as we explore the life and insights of
Terry, a leader who has bridged the worlds of security and entrepreneurship with
innovation and resilience.
Here’s the story of the security leader:
The Journey of Terry
Terry, an Irish native, started his remarkable journey as an ex-Military Anti-Terrorist
unit member. However, his heart was always set on entrepreneurship. Over the years,
he has launched multiple exponential growth companies spanning various security sectors
across Europe, the United States, Malaysia, East Africa, and the Middle East. His diverse
portfolio includes specialized security services, VIP security services, logistics security
services, oil and gas-related security services, manguarding, technology, remote visual and
alarm management centers, training, cash in transit, and hospitality security services.
Inception of MySafe
Terry’s journey took an unexpected turn when he noticed a gap in the global retail banking
sector. He realized that the traditional safe deposit box services offered by banks were no
longer a strategic focus due to changing banking dynamics post-2008. The seismic shift to
digital banking platforms left many clients without access to safe deposit boxes. Waiting
lists for these boxes grew to years in some countries.
Launched in Dubai in 2018, MySafe disrupted the safe deposit box industry by providing a
fully automated, Lloyds-insured, and convenient self-storage solution. Today, MySafe is
the largest fully automated safe deposit box company in the Middle East, with a network
of 10 sites spanning the Middle East and East Africa. The company is now on the verge of
expanding its footprint to the Middle East, Southeast Asia, and the United States.
Nurturing Potential
Terry’s leadership style centers on creating an environment where individuals can aspire to
their full potential. He believes in nurturing, empowering, and leading the team on a journey
to achieve greatness. By focusing on this environment, he not only helps the team thrive but
also achieves his own potential.
Decision-Making Style
Terry has a unique approach to decision-making. While he encourages participation in the
decision-making process, he acknowledges that, as the CEO, the ultimate decision rests with
him. Once a decision is made, he is unwavering in its execution, fostering a culture of
decisiveness.
The Ultimate Challenge
For Terry, the greatest challenge is to build an exceptional team. He invests in his team
members to instill cultural values that underpin the organization’s passion for its
strategic agenda. His experience in diverse management structures allows him to appreciate
and embrace cultural diversity, creating a rich tapestry within the organization.
Recognizing Unique Contributions
Terry believes that everyone has a unique contribution to make. His role is to respect
and appreciate these contributions at every level of the organization. He encourages
participation, acknowledges effort, and rewards success, fostering innovation and
driving growth.
Corporate Culture
To be honest, Terry draws his experience from my days in the Anti-Terrorist unit he served
with. In such a unit, respect is earned daily, not gifted, because you hold a particular
status. Likewise, in the corporate world, you earn the respect of your team, your peers,
and the market based on your capacity to manage complex and difficult decisions daily.
Corporate culture is an extension of your own value systems and how you need to align those
values with your strategic agenda.
Is that important? Terry believes it is the single most important investment you can make as
the CEO of your company, not least because it is a differentiating feature that can’t be
purchased in the open market. He thinks the concept of respect, or rather mutual respect,
regardless of your status in the organization, is the force multiplier in building a
corporate culture that sets you apart from your competitors..
Embracing Continuous Learning
The fundamental secret of a successful CEO is an absolute obsession with the concept of never
quitting. Terry’s exact words are, “You really are the last man standing, and when all else
fails, you are the one person expected to deliver the solution. To embrace that reality is quite
a challenge, and it can only be done through experience at the coal face. You must be able to
lead people on a journey and expect them to follow because you have been able to earn their
respect. You must build a team and, in so doing, encourage/empower that team to build their own
teams so you develop capacity in depth. Above all, you must have a temperament that allows you
to show respect to earn respect.”
Decision-Making Style
Terry has a unique approach to decision-making. While he encourages participation in the
decision-making process, he acknowledges that, as the CEO, the ultimate decision rests with
him. Once a decision is made, he is unwavering in its execution, fostering a culture of
decisiveness.
The Formula for Success
Terry encourages all to find a role model, people who inspire them, and find out what it is
about that person that has made them stand out. You need to come to know who you are to appreciate
whether the role of CEO is for you. It is an exhilarating ride, a roller coaster with bits sticking
out; nothing works as it should, and yet there is a euphoric sense of achievement when you start to
see the business building under your stewardship. A living, breathing vessel that hosts the hopes
and dreams of so many different stakeholders, no more in focus than your own hopes and dreams for a
better life for you and your family.
@Nelson Mandela said it best: “There is no passion to be found in playing small, in settling for a life that is less than you are capable of living.”
To express interest in reserving your safe deposit box in kenya, simply call or
WhatsApp +254 707 129324 or email book@mysafe.co.ke