6 - A Sprat to catch a Mackerel
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In 1996, Raymond Ackerman was fired from his job. He saw a opportunity and asked a group of friends to loan him money to buy four small Pick ’n Pay stores, which employed a total of 175 people. When he retired 44 years later, he had changed the face of South African retailing, growing his company to encompass 792 stores in eight countries, employing more that 60 000 people and generating an annual turnover of R60 Bilion.
In this book he shares the basic tenets behind his business philosophy - principals that guided him
through some of SA’s most difficult times.
In this book he shares the basic tenets behind his business philosophy - principals that guided him
through some of SA’s most difficult times.