Get All Access for $5/mo

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

Editor's Pick

Business News

How to Be a Billionaire By 25, According to a College Dropout Turned CEO Worth $1.6 Billion

Austin Russell became the world's youngest self-made billionaire in 2020 at age 25.

Living

Taylor Swift Has a Lucky Number. And She's Not the Only High Performer Who Leans Into Superstitions to Boost Confidence.

Even megastars like Swift need a little extra something to get them in the right mindset when it is game time.

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.

Marketing

SEO Trends You Need to Be Aware of Right Now, According to a Seasoned Pro

Navigate the future of search engine optimization to elevate your online presence and drive meaningful engagement.

Health & Wellness

4 Habits I Cultivated to Become a Healthier, More Effective Entrepreneur

By the time I hit mid-life, some of my bad habits were becoming a risk to my long-term business goals — and my health. Here's how I was able to change them.

Franchise

Guide Fellow Entrepreneurs to Success with an Exit Factor Franchise

Exit Factor franchisees play a vital role in the entrepreneurial community. As a business advisor, franchisees offer valuable guidance, solutions, and expertise to clients seeking to improve their business for a future exit.