Entrepreneur Valerie Pole grabbed the public's imagination when she started 1000 Beautiful Bracelets from a R1000 she received from 702/CapeTalk presenter Bruce Whitfield in an entrepreneurship competition on The Money Show.
“I thought somebody has to show them how to do it and I was that someone. I knew how to start a business with hardly any money so this was a personal challenge I took upon myself.”
Sell it wherever and whenever
“When you’re in a business like this, you have to sell at the first opportunity you get. I sold the first bracelet at my doctor’s appointment and I made the best bracelet sale with my bank manager.
“I also sold bracelets to the audience via Twitter when I came into the competition that night,” says Pole.
For many people, making the first move can be fairly tough. But for Pole it was all about knowing the right places.
And so it begins…
“I found out about a local beading warehouse and I stocked up with different beads. Soon I had enough and started selling right away.
“I didn’t sleep the night I received that R1000. I was busy setting up my own website, a Twitter account (@1000bracelets) and a Facebook page. I used almost all the social media to promote my product,” explains Pole.
It took her one week to turn a profit.
“I could have stopped right there, but I thought I’ll continue this. I knew I had to keep going; I felt accountable,” she added.
1000 Beautiful Bracelets; an inspirational book
Pole managed to bring in a profit of R4850 which was donated to the Starfish Greathearts Foundation.
“I believe anything is possible. The thing I like most is that the book really inspires people who are feeling hopeless.
“The book has 77 low cost business start-up ideas. A few people have read it already and told me how encouraged they feel.”
Use this calculator to compare your salary to the world average and averages of 72 countries (including South Africa).
Make the most of an unexpected (or expected) windfall such as a bonus, inheritance or (we can dream, can’t we?) lottery jackpot.
Naspers is expensive, but geared for growth. Ashburton Investments’ Nick Crail on why you should just be brave and buy its shares.
It may come as a shock (but it’s all there in the small print); medical schemes do not fully cover you when you’re hospitalised.
Fast food franchise ChesaNYAMA is taking South Africa by storm by giving us what we want: braaied meat in less than 10 minutes.
Mike Eilertsen, CEO of VAULTLife and LiveOutLoud SA, on entrepreneurship and amassing R7-million debt by the age of 25.
Meet the man behind the Maboneng precinct in Joburg’s CBD and learn about his plans for creating a community of 20 000 residents.
Ludwick Marishane talks about entrepreneurship, his water saving invention and becoming SA’s youngest patent holder at 17.
Home Affairs Minister Hlengiwe Mkhize says her department will respond to all Zimbabweans under special dispensation.
Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.
Government is intending to change the way foreign income is taxed by introducing taxes to a large South African diaspora.
Got a spare R200 or R300 a month? Here’s how to make that money work hard and grow…
How old are you? Financial advisor Warren Ingram discusses the five most important ages in anyone’s investment career.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?