Writes Trevor:
I still have a newspaper clipping from 1995 about Roy & Maureen Sumption, it reads:
Family business cleans up thanks to some cardinal rules
After 25 years of running their own small business, Roy & Maureen Sumption have a lot of wisdom to share with other entrepreneurs.
The Sumptions are in the cleaning business. Their first enterprise, International Cleaning Machines, supplies carpet-cleaning materials for sale to the industry. Their second enterprise, The Carpet Caretaker, provides a carpet-cleaning service... and their third business, started eight years ago, is a franchise of Mend-a-Bath, a process of re-enamelling old baths, basins and tiles.
The Sumptions' business is a family affair: Roy oversees, Maureen runs the carpet-cleaning service, and youngest son Gavin, manages Mend-a-Bath. The other two sons keep the books and provide financial advice on a part-time basis.
'Luckily we're a close-knit family which is why it works so well,' says Maureen. Roy adds that while some fathers insist their sons join them in the family business, he ever did. 'I didn't force any one of them, I believe that each person must find his own niche in life.'
The Sumptions readily admit that their business has been good to them. However they stress that it hasn't always been plain sailing and many mistakes were made on their journey to success. But as Roy says, making mistakes and learning from them is what running your business is all about.
In the next post they share their six most valuable lessons learnt in business.
Regards
Trevor Nel - 011 - 705-2790 - www.innercircleforum.com
trevor@innercircleforum.com
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