Notes from the Journey of the Radio 702 / Cape Talk Money Show R1000 ($100) Business Startup Challenge
How I made a Profit in just 6 Weeks and How You Can Too
Tips for Micro-business Entrepreneurs

Saturday, October 6, 2012

Have a Vision for your Business

Think of other similar businesses in the market place that have done really well and take inspiration from them. “Beautiful Bracelets” are classy, elegant accessories for women. The best known women’s accessories store in the world is probably Accessorize which Is a division of Monsoon (clothing), founded by Simon Peter in 1973. It now has over 1000 stores in 60 countries. I have shopped in Accessorize and Monsoon in South Africa and in the UK and the quality of their product lines is excellent. My sister actually purchased her wedding dress from Monsoon in London.

Last year (2011), Monsoon Accessorize Ltd posted an Annual turnover of £540,393,000 and an Annual profit of £27,909,000. (As of today, 6 October 2012 that is the equivalent of an annual turnover of R7,523,960,000 / $871,680,928 and an Annual profit of R396,104,418 / $45,032,455.)

A turnover of R7.5 billion from BEADS?
Do not despise the day of small beginnings!

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