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But working through the tough times is how successful and enduring family businesses stick around to thrive when the times get good again.

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John said its Eastern States diversification helped keep the group in the black as WA remained subject to tight competition and affected by delayed contracts. But his real wealth is in his real estate holdings, including the development potential of 50 wa on Roe Street immediately north of the new Perth City Link connecting Northbridge to the CBD.

Peter Prendiville has led from the front in trying to develop successful tourism, winery and hospitality industries for WA. Although the member of an influential Perth Catholic family and son of veteran publican Pat Prendiville, Mr Prendiville won his spurs running the Norseman roadhouse and then the Carine Glades Tavern. While he did not mind the hard yakka of a suburban pub in 50 wa Perth, he also honed a taste for the high-quality wines that were coming from the Swan Valley, Barossa and emerging Margaret River wine scene.

His interest in the wine industry became 50 wa serious commitment with the purchase of Sandalford Wines. Now aged 71, Mr Larsen can be well excused from stepping away from both executive and boardroom duties at the education provider he founded with Rod Jones in He has used the fruits of his successful venturing preparing students for tertiary education to 50 wa a property portfolio, including significant holdings around Yallingup.

The Larsen family was a key backer of the company behind the SEQTA education management software now used in schools throughout Australia to connect teachers, parents, students and school administrative staff. Peter Larsen has worked with Andrew, wife Joelle and daughter Yvette to formalise investment and governance structures aimed at preserving intergenerational wealth. It is not only West Coast supporters who will be hoping the Eagle flies again after some stunning success in decades past.

And if his track record is anything to go by, he will hopefully be backing 50 wa winner for both himself and for WA. While Mr Bass likes to build successful businesses, he also likes to share his knowledge and his fortune helping other entrepreneurs turn their ideas into reality. He put plenty of money back on the table and again came up trumps with his old Eagle Mining colleague Tony Poli in the iron ore boom.

The Baosteel 50 wa for Aquila in came just as the iron ore price was starting to plunge but miraculously the Chinese group did not back away from the West Pilbara project hopeful. His private passion is the Centre 50 wa Entrepreneurial Research and Innovation in Nedlands, which works with postgraduate students developing entrepreneurialism in WA.


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