Ending Soon! Save 33% on All Access

After Her Father's Death, This Entrepreneur Built a Billion-Dollar Company on Passionate Purpose Cathie Reid channeled the loss of her father to cancer into fuel for Icon Group's epic rise to Australia's largest cancer care company.

By Alice

Opinions expressed by Entrepreneur contributors are their own.

Underlying her cheery disposition, Cathie Reid is known as "the enforcer" to her children, a moniker that helps to explain how she has built companies valued at more than a billion dollars. The loss of her father to cancer drove Reid, alongside husband and co-founder Stuart, to bring high-quality cancer care as near to patients' homes as possible, to ease the burden of treatments. That mission has been lucrative, to be certain, but Reid is still passionately driven by the impact Icon Group has had on more than two million cancer patients and their families in Australia and South East Asia. That passion is also what has kept her going through the hard times of entrepreneurship: "You have to have that burning fire in your belly."

Reid also credits Icon Group's success to consciously building a team with complementary skill sets to balance talents and knowledge with gaps and personality traits. (To learn about hiring your own diverse team, check out these resources on Alice.)

Not satisfied with her achievements just yet, Reid's latest challenge is astronaut training through Richard Branson's Virgin Galactic program.

Alice is a free digital platform that makes smart, instant connections between business owners and the resources they need to accelerate sustainable growth and global impact. Alice is open to all founders and prioritizes access for women and other underrepresented business owners.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Role Breakers

How to Level Up Your Networking Skills and Make the Most of Every Event

How to Redefine the Pitch Competition for Black and Brown Female Founders

How One Founder Breaks Free From Statistics and Labels

After Her Father's Death, This Entrepreneur Built a Billion-Dollar Company on Passionate Purpose

Growing a Business

Want to Expand Your Market Overseas? Here's Everything You Need to Know About Global Logistics in 2024

With rising geopolitical tensions and changing market conditions it can be hard for businesses to navigate supply chain logistics even in a post-pandemic world. Here are three tips from the CEO of an international customs brokerage.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Thought Leaders

How to Become a Successful Social Entrepreneur

It's not the same as being a great business person.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.

Business News

Elvis Presley's Granddaughter Fights Graceland Foreclosure, Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.