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

Tuesday, November 6, 2012

Radio 702 MoneyShow Challenge Update: Week 5

Although I try to get this Weekly Update on Beautiful Bracelets done first thing each Monday, this one is a bit late on purpose, I didn't want to pre-empt the In-studio Radio 702/Cape Talk interview with Bruce Whitfield on the Money Show. If you missed this, you can listen/download the Podcast here: 
With Bruce Witfield in the Radio 702 Studios
There were a few landmark things that happened in Week 5:

  1. First international order confirmed via the Beautiful Bracelets website (for 14 Beautiful Bracelets, from London!).
  2. Firehouse Gifts, Dunkeld West Shopping Centre, Jan Smuts Ave, Johannesburg requested and took delivery of Beautiful Bracelets and 2 of these bracelets sold to a customer who walked in whilst I was standing there!
  3. A Cape Town Publisher, Modjaji Books, agreed to publish the book in April 2013, which will probably be titled "1000 Beautiful Bracelets" (subtitle: "How I made a profit from R1000 in just 6 weeks and how you can too")
  4. Employees: Beautiful Bracelets is now the proud employer of  TWO people, creating employment being one of the major aims of this new business. But of course, one has to watch the profits carefully and ensure that expansion of the staff is in line with growth in the business. This is something we will continue to monitor carefully.

Like many people reading this Blog, we are sitting on the edge of our seats and working very hard until the last second, doing our best to beat the other 4 Contestants in the Radio 702/Cape Talk Money Show R1000 Business Challenge.. Since Beautiful Bracelets is a retail item, it all comes down to sales at the end of the day, and we are not sure how all the contestants are doing, so from our side we are doing our best and working as hard as is humanly possible to ensure success. We can do our best. The final decision rests in the hands of the Judge.

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