Doing Business the Right Way: A Story from the Early Days

Stunning view of Tower Bridge glowing at night over the River Thames in London.

The True Spirit of Business

Business, at its best, ought to be a pleasure. A supplier’s ambitions should extend beyond the mere pursuit of profit margins; they should centre upon fostering the prosperity of their customers. For the reality is quite simple: the greater the success of one’s clientele, the stronger and more enduring the partnership becomes.

Permit me, if you will, to take you back to the mid-2000s.

I found myself seated in a charming café near Tower Bridge, my cumbersome, brick-like laptop open before me, a far cry from today’s refined devices. A cappuccino rested elegantly to one side, a sheaf of notes to the other, while a view of London’s skyline lent a certain poetry to the otherwise dreary day.

At that time, I had several acquaintances engaged in the electrical wholesale trade—industrious, decent men. Yet, invariably, our discussions would turn to the same lament: inflated prices demanded by distant suppliers, and a palpable absence of customer care.

One friend, Blake, expressed the sentiment with particular eloquence: “They barely converse with you unless it concerns the urgency of placing a larger order. Meanwhile, we are left to struggle with slender margins.

While the distributors were evidently realising substantial profits, my friends were left navigating precarious cash flows, constrained by tight thirty-day credit terms, and eking out meagre earnings. It was, in my view, neither equitable nor commendable business practice. Thus, I resolved to intervene.

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“Meet me by Borough Market in a few hours old boy,” I told Blake. “Let us speak properly – face to face, as it ought to be. I shall send you the postcode.”

That meeting left an indelible mark upon me. It underscored an enduring truth: business is not solely a matter of numbers and transactions. It is about people, about understanding their challenges, offering steadfast support, and caring sincerely for their wellbeing.

This ethos remains at the very heart of all we do. Our purpose is not merely to transact, but to empower our customers to flourish. For when our customers succeed, so too do we all.

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