Nedbank Business Accelerator with 702

Lesco Manufacturing on family as one essential contributor to business success

Lesco Manufacturing has been in the business of distributing electrical products and accessories for over three generations.

The company is said to be on the same wavelength as its Chinese competitors.

Director of Lesco Manufacturaing, Jonathan Shapiro, explains how family values have contributed to business's success.

What is important to note is that our family values have gone from our house into our business.

Jonathan Shapiro, Director of Lesco Manufacturing

Each generation has to take ownership and responsibility and that is what is missing in most businesses today.

Jonathan Shapiro, Director of Lesco Manufacturing

With common goals between all three generations, I think that is what has given us the platform to grow our business over 60% over the last few years.

Jonathan Shapiro, Director of Lesco Manufacturing

Listen to the full interview below....


702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Tax refund delays are not deliberate says tax expert

Tax refund delays are not deliberate says tax expert

Mark Kingon says Sars has already paid R155 billion which is 9% higher than the previous year.

Get rich! Be inspired! Learn about money...

Get rich! Be inspired! Learn about money...

10 most-read, most-talked-about "The Money Show" articles of the past week.

Survivors and thriver businesses welcomed for Nedbank Business Accelerator

Survivors and thriver businesses welcomed for Nedbank Business Accelerator

Now’s the time to introduce your fast growing business to the world, with the help of Pavlo Phitidis.

How to identify and assess the experience of a person/partner/service provider

How to identify and assess the experience of a person/partner/service provider

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis for his weekly small business feature.

How to create more time (and how to spend it wisely)

How to create more time (and how to spend it wisely)

Make no mistake; strategizing to grow your business takes time. Yet, few business owners seem to have enough of it.

Popular articles
Dr Mbuyiseni Ndlozi opens up about his thesis

Dr Mbuyiseni Ndlozi opens up about his thesis

Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.

Happy 50th birthday, Pick n Pay (congrats on growing your bottom line by 18%)!

Happy 50th birthday, Pick n Pay (congrats on growing your bottom line by 18%)!

50 years ago the retailer started out when Raymond Ackerman bought three tiny stores from Click founder Jack Goldin.

Is it normal to have a curved penis? Dr Shingai explains

Is it normal to have a curved penis? Dr Shingai explains

Urologist Dr Shingai Mutambirwa says penile curvature is only a concern if it impedes a man's ability to have penetrative sex.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Bruce Whitfield interviews the remarkable Wiese (net worth R100 billion!) about how it all began and where it’s going.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?