Innovation can’t save your business.
— Nic Haralambous, NicHarry
It’s OK not to be innovative.
— Nic Haralambous, NicHarry
I’m not the first person to sell socks! There’s very little that I do that is innovative.
— Nic Haralambous, NicHarry
Innovation in business…
The Money Show’s Bruce Whitfield interviewed NicHarry founder Nic Haralambous.
Haralambous is famous for his wildly successful crazy-socks business which he started with R5000 (he made a profit in the first month).
Haralambous answered the following questions around innovation:
-
When to build something completely new
-
When to walk away from an idea you have
- When to keep calm and carry on through tough times to turn your idea into a business.
For more detail; listen to the interview in the audio below (and/or scroll down for more quotes from it).
There is definitely growth, if you’re hungry and not paranoid.
— Nic Haralambous, NicHarry
Authenticity is key.
— Nic Haralambous, NicHarry
The most innovative businesses never use the word.
— Nic Haralambous, NicHarry
We’ve got matching umbrellas that you can use with your socks. We also have matching underwear.
— Nic Haralambous, NicHarry
Customer service in South Africa is so bad that just doing it well is innovative.
— Nic Haralambous, NicHarry
We treat our staff as well as we treat our customers.
— Nic Haralambous, NicHarry
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After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.
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