"I sold my car and used every single dollar I had to my name to use as working capital for Made Status Clothing." Read more
“The last thing you want to do in early stage rounds is give investors a lot of rights."
Co-founder Brooke McGregor explains how his brand capitalised on changing industry tides.
"Since day one we’ve experienced strong sales at our store."
ALF star Jack Watts and business partner Adam Walsh talk shorts and social media.
"We realise that it is tough out there and that for some of our accounts, Elk can attribute up to 70% of sales."
30% of customers account for some 50 to 65% of sales. Knowing these customers and retaining them is key to long term success.
"Pay the people you work with, suppliers included, before you pay yourself."
"The customer was telling us that we were daggy, old, boring and we’re hard to shop."
"It’s really important to me that we work toward perfection and not a timeline."
"It makes great financial sense to go the vertical integration route as it is easier to manage costs."
"In the last two weeks, we sold more than Coles and Woolworths put together."