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Big business is tough. But I believe there are certain factors that give | 0:00:02 | 0:00:05 | |
us all a fighting chance of turning our dreams of success into reality. | 0:00:05 | 0:00:09 | |
I'm on a mission to get inside the minds of some of Britain's | 0:00:11 | 0:00:14 | |
most successful entrepreneurs and find out how they made it. | 0:00:14 | 0:00:19 | |
I always knew I was to make a few quid, you know what I mean? | 0:00:19 | 0:00:21 | |
I don't remember really being content. Enough is never enough. | 0:00:21 | 0:00:25 | |
I'll be studying their personalities just as hard as their business models. | 0:00:25 | 0:00:29 | |
Maybe I need the business more than it needs me. | 0:00:29 | 0:00:31 | |
In a bid to unearth what drives these diverse characters, | 0:00:31 | 0:00:34 | |
I'll also be asking some difficult questions. | 0:00:34 | 0:00:37 | |
Have you been told that you're mad? | 0:00:37 | 0:00:40 | |
Well, I think there's always been a very fine line | 0:00:40 | 0:00:42 | |
between insanity and genius. | 0:00:42 | 0:00:44 | |
And I'll be finding out how they survived | 0:00:44 | 0:00:46 | |
when they faced their biggest challenges. | 0:00:46 | 0:00:49 | |
I was so busy and I'd had this lump in my breast. | 0:00:49 | 0:00:51 | |
-So, you realised you had a lump... -Well, yeah, but then... | 0:00:51 | 0:00:54 | |
-..and you did nothing about it. -No. | 0:00:54 | 0:00:56 | |
My goal is to find out if it's our individual DNA | 0:00:56 | 0:01:00 | |
that controls our destiny or whether there's a blueprint for success. | 0:01:00 | 0:01:05 | |
Tonight, I'm digging into a pair of thriving businesses with | 0:01:05 | 0:01:08 | |
wildly different attitudes and approaches to making money. | 0:01:08 | 0:01:11 | |
I'll be meeting Mark and Mo Constantine, who've turned | 0:01:13 | 0:01:15 | |
problems into prosperity with cosmetics chain Lush. | 0:01:15 | 0:01:19 | |
Some of the basic business practices we weren't good at. | 0:01:19 | 0:01:23 | |
I think we were arrogant, I think we had too long a party | 0:01:23 | 0:01:26 | |
and I think as a result, we did a much better job the second time around. | 0:01:26 | 0:01:29 | |
And Chris Dawson, an ex-market trader who's also overcome personal challenges... | 0:01:29 | 0:01:34 | |
-In those days... -So, you are dyslexic, then? -For sure, yeah. | 0:01:34 | 0:01:37 | |
I'm not ashamed of it, but when I left school I couldn't... | 0:01:37 | 0:01:40 | |
Well, I can't write now. | 0:01:40 | 0:01:42 | |
-You can't write at all? -No, not at all. | 0:01:42 | 0:01:44 | |
..but now runs The Range, a discount department store business | 0:01:44 | 0:01:48 | |
that has become a multi-million pound success. | 0:01:48 | 0:01:51 | |
I want more all the time. Is it greed? OK. Then it's greed. | 0:01:51 | 0:01:55 | |
Chris Dawson visits each of his 70 discount department stores | 0:02:02 | 0:02:05 | |
six times a year. | 0:02:05 | 0:02:06 | |
He's racking up the air miles, but with a reported | 0:02:06 | 0:02:09 | |
personal fortune of £400 million, it seems to be paying off. | 0:02:09 | 0:02:14 | |
-I think it's the eight stores today, isn't it? -Eight would be fine, but nine would be good. | 0:02:14 | 0:02:17 | |
In 2011, Chris' profits were up 30% to £26 million | 0:02:19 | 0:02:24 | |
with turnover climbing to nearly £300 million. | 0:02:24 | 0:02:28 | |
No wonder he had a smile on his face as we met, | 0:02:28 | 0:02:30 | |
ready to make our way to his Bournemouth store. | 0:02:30 | 0:02:34 | |
-You travel in some style, don't you? -You can talk, look at this. | 0:02:34 | 0:02:38 | |
-Off to your store? -Are you going to give me a lift? | 0:02:38 | 0:02:40 | |
-Come on. -Let's get in. | 0:02:40 | 0:02:42 | |
Ex-market trader Chris likes nothing more than making money fast | 0:02:44 | 0:02:48 | |
-and splashing the cash. -I love making money. Why? | 0:02:48 | 0:02:52 | |
Because I like using it, that's why. That's not a crime, is it? | 0:02:52 | 0:02:55 | |
Chris' stores sell everything from garden gnomes and picnic hampers | 0:02:57 | 0:03:00 | |
to plasma TVs and karaoke machines. | 0:03:00 | 0:03:03 | |
My mission is to explore the route Chris took to the top and | 0:03:05 | 0:03:08 | |
delve into the mind of this market- trader-turned-multimillionaire. | 0:03:08 | 0:03:11 | |
The Range. I've got my golf clubs in the car. Do you... | 0:03:15 | 0:03:19 | |
It's not that kind of range, is it? | 0:03:19 | 0:03:20 | |
There's a firing range - but if we see shoplifters, we just shoot them. | 0:03:20 | 0:03:23 | |
Are all your store managers like you? | 0:03:25 | 0:03:27 | |
Most of them are entrepreneurial. They're proper traders, you know. | 0:03:27 | 0:03:32 | |
For instance, they were opening Sundays, whether the law was correct or not. | 0:03:32 | 0:03:36 | |
If they could spot a couple of people walking up | 0:03:36 | 0:03:39 | |
and down the road, they would just open up. Within reason, of course. | 0:03:39 | 0:03:43 | |
We have got... It's a big company, | 0:03:43 | 0:03:45 | |
so we've got to have some structure, but... | 0:03:45 | 0:03:47 | |
So, you were opening on Sundays when | 0:03:47 | 0:03:48 | |
you're not allowed to open on Sundays. | 0:03:48 | 0:03:50 | |
Yeah, well, you can go to church first and come to us after. | 0:03:50 | 0:03:53 | |
Or the other way around, we're not fussy which way you do it. | 0:03:53 | 0:03:56 | |
'Flouting Sunday trading laws and shooting shoplifters? | 0:03:58 | 0:04:02 | |
'I'd only been with Chris for a short time | 0:04:02 | 0:04:04 | |
'and I was enjoying his banter. | 0:04:04 | 0:04:06 | |
'But I was also wondering how much of what he was going to tell me | 0:04:06 | 0:04:09 | |
'was actually true.' | 0:04:09 | 0:04:11 | |
-OK, let me show you around, Peter. -Right, this is going to be fun. | 0:04:11 | 0:04:14 | |
-What sort of things do you sell, Chris? -Practically everything. It's... | 0:04:16 | 0:04:21 | |
-What a tremendous line. -Silver Buddha. -Yeah, silver. | 0:04:21 | 0:04:24 | |
-What would your margin be on that? -A lot. | 0:04:24 | 0:04:27 | |
PETER LAUGHS | 0:04:27 | 0:04:29 | |
-Should've guessed that. -Yeah. | 0:04:29 | 0:04:31 | |
-There'll be quite a lot in the... -It's quite blingy, isn't it? | 0:04:31 | 0:04:35 | |
Well, that the lamp is in a very famous department store at 122.99. | 0:04:35 | 0:04:41 | |
-What, the same lamp? -Exactly the same factory. | 0:04:41 | 0:04:43 | |
And I know because we're in trouble for selling it. | 0:04:43 | 0:04:46 | |
'Chris clearly isn't afraid to test the boundaries of business.' | 0:04:50 | 0:04:52 | |
You can put out candles with it and failing that, | 0:04:54 | 0:04:57 | |
you could put a bell in it and do that, you know. | 0:04:57 | 0:04:59 | |
It doubles up as a bell. | 0:04:59 | 0:05:00 | |
'Chris' patter was good. | 0:05:02 | 0:05:03 | |
'But I didn't want to be taken in by any sales pitch. | 0:05:03 | 0:05:07 | |
'I did, however, sense that seeing Chris interact with customers | 0:05:07 | 0:05:10 | |
'was something not to be missed.' | 0:05:10 | 0:05:12 | |
Who's got all the money? You or Mum? | 0:05:12 | 0:05:15 | |
-Daddy. -Daddy. I'll get out then. | 0:05:15 | 0:05:17 | |
-And it's a pound a tin. -Pound a tin? | 0:05:17 | 0:05:19 | |
Deposit. | 0:05:19 | 0:05:20 | |
THEY LAUGH | 0:05:20 | 0:05:22 | |
Chinese, Hong Kong, bing-bong, Taiwan, I gone wrong. | 0:05:22 | 0:05:24 | |
-How many grandchildren have you got? -62. -62? -Yeah. | 0:05:24 | 0:05:27 | |
You're not a rabbit family, are you? | 0:05:27 | 0:05:29 | |
-Do you buy stolen gear? -No. | 0:05:29 | 0:05:31 | |
Well, you just have, here, help yourself. | 0:05:31 | 0:05:33 | |
We sort of do counterfeit credit cards, if you want to buy any. | 0:05:33 | 0:05:36 | |
Do you want any of them? | 0:05:36 | 0:05:37 | |
# Oh, leaning on a lamp post | 0:05:37 | 0:05:38 | |
# When a certain little lady goes by # | 0:05:38 | 0:05:41 | |
'Chris was on fire. | 0:05:41 | 0:05:43 | |
'Showman and salesman, always on the move | 0:05:43 | 0:05:45 | |
'and always trying to make money.' | 0:05:45 | 0:05:47 | |
-You love it, don't you? -Absolutely love it. Completely. | 0:05:50 | 0:05:54 | |
It's like a big circus to me. It's a ringmaster type feeling. | 0:05:54 | 0:05:59 | |
You know, you've got all the punters, you've got the stock | 0:05:59 | 0:06:01 | |
and if you can turn the punters on and make sure they buy the kit, | 0:06:01 | 0:06:05 | |
you end up with a few quid to go with it. | 0:06:05 | 0:06:07 | |
You know, when I was a market trader, you know, | 0:06:07 | 0:06:10 | |
we would start when it's dark and leave when it's dark | 0:06:10 | 0:06:12 | |
and you had to squeeze absolutely every penny, | 0:06:12 | 0:06:14 | |
cos you never knew what tomorrow would bring and once | 0:06:14 | 0:06:17 | |
I hit the stock, the customers and the old chemistry just fires up. | 0:06:17 | 0:06:21 | |
My time with Chris was certainly going to be entertaining. | 0:06:23 | 0:06:26 | |
His market trader past was clearly in his DNA. | 0:06:26 | 0:06:29 | |
But before digging into it, I had an appointment with | 0:06:30 | 0:06:33 | |
Mark and Mo Constantine in Poole. | 0:06:33 | 0:06:36 | |
Their company is cleaning up in the highly competitive cosmetics industry. | 0:06:36 | 0:06:40 | |
-Mark? -Good to see you. | 0:06:40 | 0:06:41 | |
-Good to meet you. -Hi, lovely to see you. -Great to meet you. Well, this is it. | 0:06:41 | 0:06:45 | |
This is our lovely factory, | 0:06:45 | 0:06:46 | |
if you'd like to come in, I'll show you round. | 0:06:46 | 0:06:48 | |
-After you. -Thank you. | 0:06:48 | 0:06:50 | |
'This husband and wife team own over 850 shops worldwide | 0:06:50 | 0:06:53 | |
'and in 2012, sold £368 million worth of soap, shampoo and scents.' | 0:06:53 | 0:07:01 | |
The UK's cosmetics and toiletries industry is worth | 0:07:02 | 0:07:05 | |
a reported £8 billion a year. | 0:07:05 | 0:07:08 | |
With record profits of over £30 million, | 0:07:08 | 0:07:11 | |
the Constantines are laying claim to a healthy slice of this. | 0:07:11 | 0:07:14 | |
But Mark and Mo claim it's not all about the money. | 0:07:14 | 0:07:18 | |
We're often presented as an ethical business. | 0:07:18 | 0:07:21 | |
I don't see us in that light really, if I'm honest. | 0:07:21 | 0:07:24 | |
I hope that we do business as one should do business, I think | 0:07:24 | 0:07:29 | |
that's how everyone should do business. | 0:07:29 | 0:07:31 | |
I want to discover how Mark and Mo balance their principles | 0:07:33 | 0:07:36 | |
with profit. | 0:07:36 | 0:07:38 | |
If you'd like to come in here, Peter, | 0:07:38 | 0:07:40 | |
this is the room we call the dairy. | 0:07:40 | 0:07:42 | |
This is where most of our products are made. | 0:07:42 | 0:07:44 | |
We've always likened ourselves to a kitchen, | 0:07:44 | 0:07:47 | |
so many of the ingredients that we use you could cook with, you can eat. | 0:07:47 | 0:07:51 | |
We've got some olive branch shower gel being made | 0:07:51 | 0:07:54 | |
and Bob is over there juicing mandarins. | 0:07:54 | 0:07:57 | |
So all of your products have natural ingredients within them. | 0:07:57 | 0:08:01 | |
So you've really got to get your product there, ready, done, | 0:08:01 | 0:08:05 | |
manufactured very quickly. | 0:08:05 | 0:08:06 | |
And out there. You have a 36-month life cycle | 0:08:06 | 0:08:09 | |
on the conventional cosmetic. | 0:08:09 | 0:08:11 | |
We have a 12-month cycle on ours | 0:08:11 | 0:08:13 | |
and we tell people when it comes to an end, | 0:08:13 | 0:08:16 | |
so we have this really fast turnaround, | 0:08:16 | 0:08:17 | |
so you have to make the product, get it out, get it in the shops, | 0:08:17 | 0:08:20 | |
get it sold and then move on. | 0:08:20 | 0:08:23 | |
Husband and wife Mark and Mo started Lush with five co-founders in 1995. | 0:08:27 | 0:08:32 | |
It smells fabulous. | 0:08:35 | 0:08:36 | |
Cosmetics have excited me since I was 14. | 0:08:36 | 0:08:39 | |
I loved the idea of changing people's appearance. | 0:08:39 | 0:08:42 | |
I find it intriguing that you can make somebody feel so much better | 0:08:44 | 0:08:49 | |
about themselves by virtue of them using something lovely. | 0:08:49 | 0:08:53 | |
They've always invented their own products, | 0:08:54 | 0:08:57 | |
making them using no preservatives where possible, | 0:08:57 | 0:08:59 | |
little packaging and no ingredients tested on animals. | 0:08:59 | 0:09:03 | |
Yeah, very nice. | 0:09:03 | 0:09:04 | |
'They're principles that we've adhered to over the years. | 0:09:04 | 0:09:07 | |
'We've prided ourselves on being able to offer the general public' | 0:09:07 | 0:09:11 | |
an alternative to an animal-tested product and we have stuck with it. | 0:09:11 | 0:09:16 | |
Mark and Mo say they manage their business based on their passions | 0:09:19 | 0:09:22 | |
and principles. | 0:09:22 | 0:09:23 | |
I wanted to discover the origins of both | 0:09:23 | 0:09:26 | |
and see if they really put them into practice. | 0:09:26 | 0:09:28 | |
As a business, I'm getting the sense that the environmental credentials | 0:09:33 | 0:09:37 | |
are absolutely paramount. | 0:09:37 | 0:09:39 | |
It's not the credentials. It's the principle. | 0:09:39 | 0:09:41 | |
The principle of what you're trying to achieve within the business. | 0:09:41 | 0:09:44 | |
There's a difference. Credentials would be greenwash. The principles are the principles, | 0:09:44 | 0:09:49 | |
they're the things we want to achieve. | 0:09:49 | 0:09:51 | |
You're always trying to aim to get to a situation where there's no waste. | 0:09:51 | 0:09:55 | |
Where everything that you've used comes back and is used again, | 0:09:55 | 0:09:58 | |
everything is used again, everything is used again, | 0:09:58 | 0:10:00 | |
so that you don't have large amounts of resources just being | 0:10:00 | 0:10:04 | |
squandered and then put into landfill. | 0:10:04 | 0:10:06 | |
Despite only spending a short amount of time with Chris Dawson, | 0:10:12 | 0:10:15 | |
I was pretty sure that sacrificing bigger profits for the sake | 0:10:15 | 0:10:19 | |
of the environment wasn't top of his to-do list. | 0:10:19 | 0:10:22 | |
Arriving at his HQ in Plymouth confirmed my suspicions. | 0:10:22 | 0:10:27 | |
There were some nice cars in the car park, but I was expecting | 0:10:27 | 0:10:30 | |
a man as flash as Chris to have a slightly grander entrance. | 0:10:30 | 0:10:34 | |
-Chris. -Peter, good morning, how are you? -This is it. This is your empire. | 0:10:36 | 0:10:39 | |
-You're at HQ. -What am I going to see? -You're going to see not a lot. | 0:10:39 | 0:10:42 | |
This is what £2-a-foot looks like. OK? | 0:10:42 | 0:10:45 | |
If we had a gold-plated head office, | 0:10:45 | 0:10:47 | |
would I take any more money in Bolton and Wigan? | 0:10:47 | 0:10:50 | |
Well, the answer's clearly no. | 0:10:50 | 0:10:51 | |
Chris might currently be riding high in the rich lists, | 0:10:53 | 0:10:56 | |
employing over 5,000 staff and running 70 stores nationwide, | 0:10:56 | 0:11:00 | |
but he started in the '70s as a market trader, selling moccasins. | 0:11:00 | 0:11:05 | |
His stall went from strength to strength | 0:11:05 | 0:11:08 | |
and by the early '80s, he says he was earning up to £38,000 a week, | 0:11:08 | 0:11:12 | |
selling everything from pots and pans to wellies and watches. | 0:11:12 | 0:11:17 | |
See, you've got The Sun, real-life Del Boy. Is that you? | 0:11:17 | 0:11:21 | |
A large part of it. I do believe so. | 0:11:21 | 0:11:23 | |
There was definitely bits that was deja vu. I thought, "I've said that. | 0:11:23 | 0:11:27 | |
"We've looked like that." And some of the stories were uncannily close | 0:11:27 | 0:11:32 | |
and some of the sayings, when they were selling watches and the like... | 0:11:32 | 0:11:35 | |
-And do you carry any watches? -I carry a few watches, yeah. | 0:11:35 | 0:11:38 | |
When I go out of an evening I get told off by her indoors, | 0:11:38 | 0:11:42 | |
I do knock at a few watches and lighters because I have a theory, | 0:11:42 | 0:11:44 | |
-if I want to go knock two or three hundred quid out... -You don't! | 0:11:44 | 0:11:47 | |
You don't go out to dinner with your wife and sell watches, do you?! | 0:11:47 | 0:11:51 | |
-I get scanned before I go out. -I'm a bit worried. I'm going to... | 0:11:51 | 0:11:55 | |
I'm going to make this safe already! | 0:11:55 | 0:11:57 | |
Well, I do expensive watches! | 0:11:57 | 0:11:59 | |
Are you going to show me around? | 0:11:59 | 0:12:00 | |
I'm going to show you around. There's plenty more to see. | 0:12:00 | 0:12:03 | |
After you. After me, after you. All right. Same thing. | 0:12:03 | 0:12:07 | |
'I had the feeling that my time with Chris was going to be fun, but | 0:12:07 | 0:12:11 | |
'I was determined to get to know the real man behind the Del Boy facade.' | 0:12:11 | 0:12:15 | |
When not spending time opening stores in the UK, | 0:12:17 | 0:12:20 | |
Chris splashes the cash on his villa in Cannes. | 0:12:20 | 0:12:23 | |
This is where I get fed. | 0:12:24 | 0:12:27 | |
I don't know where everything is. There's a dishwasher here somewhere. | 0:12:27 | 0:12:31 | |
My business strategy has always been the same. | 0:12:31 | 0:12:33 | |
Go like hell, go as fast as you can, get as much as you can | 0:12:33 | 0:12:37 | |
for as long as you can. | 0:12:37 | 0:12:38 | |
So this is the staff kitchen where it's got all the... | 0:12:40 | 0:12:45 | |
I don't know what that is, even. | 0:12:45 | 0:12:47 | |
If you create success, then you get paid. | 0:12:48 | 0:12:52 | |
This wasn't free, was it? This was a lot of graft. | 0:12:52 | 0:12:55 | |
I absolutely love trading. Turning a pound into five pound... | 0:12:55 | 0:12:58 | |
Hang on, I'll just correct that. The Revenue could be watching this. | 0:12:58 | 0:13:01 | |
Turning a pound into £1.50. | 0:13:01 | 0:13:03 | |
I do a lot of thinking here, | 0:13:03 | 0:13:05 | |
I do an amazing lot of thinking with a glass of vino. | 0:13:05 | 0:13:09 | |
I don't remember really being content or satisfied, | 0:13:11 | 0:13:14 | |
and enough is never enough. | 0:13:14 | 0:13:16 | |
Chris's thirst for success and its trappings is insatiable. | 0:13:16 | 0:13:21 | |
But will he be as open or bold | 0:13:21 | 0:13:23 | |
when I try to find out how his business mind really works? | 0:13:23 | 0:13:26 | |
Chris, these are all your stores. | 0:13:32 | 0:13:34 | |
We used to own a fair few of these, but we don't any more. | 0:13:34 | 0:13:37 | |
I could show you a mathematical fact it's actually cheaper to pay rent | 0:13:37 | 0:13:41 | |
than have all that money sat there. | 0:13:41 | 0:13:42 | |
That money should be off doing something else like buying stock | 0:13:42 | 0:13:45 | |
-and... -That's how you raised a lot of your capital, to finance | 0:13:45 | 0:13:50 | |
-the growth of the business? -Yeah, yeah. -Clever. | 0:13:50 | 0:13:53 | |
It's... It's... | 0:13:53 | 0:13:55 | |
You can't pull your socks up if you can't reach them, can you? | 0:13:55 | 0:13:58 | |
And what we've done over the years, it might look clever now, but | 0:13:58 | 0:14:03 | |
I'm not being arrogant, but isn't that what you're supposed to do? | 0:14:03 | 0:14:06 | |
Buy, sell, buy, sell, invest profit | 0:14:06 | 0:14:10 | |
and the rest should be self-fulfilling. | 0:14:10 | 0:14:12 | |
If you can only open two stores here, open two. | 0:14:12 | 0:14:15 | |
OK, we can go round buying big groups of stores, | 0:14:15 | 0:14:18 | |
but if you do a 10, maybe 15-year programme, or a 20-year programme, | 0:14:18 | 0:14:22 | |
we'll financially end up at the same place, but with a surplus of money. | 0:14:22 | 0:14:26 | |
And what's the average margin you make? | 0:14:26 | 0:14:28 | |
-Gross margin? -Oh, dear, oh, dear. | 0:14:28 | 0:14:30 | |
We're up there with anybody else's margin. | 0:14:30 | 0:14:32 | |
-That's as close as you're going to get to that one. -60% gross? | 0:14:32 | 0:14:36 | |
-Wouldn't that be nice? -40? | 0:14:36 | 0:14:38 | |
-40? No, no. -50? | 0:14:38 | 0:14:41 | |
-It's... -It's high, isn't it? | 0:14:41 | 0:14:44 | |
Well, it keeps me in Bentleys. | 0:14:44 | 0:14:46 | |
'Chris was obviously avoiding giving me real information, | 0:14:46 | 0:14:49 | |
'but that wasn't going to stop me from getting it in the end.' | 0:14:49 | 0:14:53 | |
Well, it looks a bit like a jumble sale | 0:14:53 | 0:14:56 | |
but it's a jumble sale that makes a lot of money. | 0:14:56 | 0:14:58 | |
'I wondered whether a tour of the office would reveal more | 0:14:58 | 0:15:01 | |
'about his business ethos.' | 0:15:01 | 0:15:03 | |
You wouldn't believe that sells for a pound, would you? | 0:15:03 | 0:15:06 | |
-Well, you'd be right, it doesn't. It's £4.99. -So what is all this? | 0:15:06 | 0:15:11 | |
-What's in here? -Well, there's two buying departments. | 0:15:11 | 0:15:14 | |
Do they know where everything is? | 0:15:14 | 0:15:16 | |
It looks like a little bit of a disorganised mess. | 0:15:16 | 0:15:18 | |
Well...we tidied up, actually. | 0:15:18 | 0:15:21 | |
-I notice there's a few cables hanging down. -Yeah, well, yeah. | 0:15:21 | 0:15:25 | |
-Is that all right? -What's all right? What's the matter with it? | 0:15:25 | 0:15:29 | |
I don't know, they look a little bit unsafe to me. | 0:15:29 | 0:15:32 | |
No, it's designer, it's meant to be like that. | 0:15:32 | 0:15:35 | |
Perfection is too costly. | 0:15:36 | 0:15:39 | |
I'm prepared to put up with the bits and pieces here and there | 0:15:39 | 0:15:42 | |
because the cost of that, I'm spending £20 to earn a tenner. | 0:15:42 | 0:15:45 | |
-No point. -But if you're buying team bought the wrong product | 0:15:45 | 0:15:47 | |
at the wrong price, you'd be in trouble, wouldn't you? | 0:15:47 | 0:15:50 | |
THEY would, yeah. | 0:15:50 | 0:15:52 | |
They would be in big trouble. But if... | 0:15:52 | 0:15:54 | |
This is a very interesting point. | 0:15:54 | 0:15:56 | |
Let's just say, for instance, this beautiful piece here. | 0:15:56 | 0:15:59 | |
If that was a wrong line and it cost us a tenner, | 0:15:59 | 0:16:03 | |
and we sold it for a fiver, what does that say? | 0:16:03 | 0:16:06 | |
It means you've lost £5. | 0:16:06 | 0:16:07 | |
Well, what the hell are we doing losing five pounds? | 0:16:07 | 0:16:10 | |
Why don't we sell it for a pound | 0:16:10 | 0:16:11 | |
and use that money we're losing and call it marketing? | 0:16:11 | 0:16:14 | |
Because if you walked out with that under your arm for a quid, | 0:16:14 | 0:16:17 | |
you're the biggest advertising board I've ever had. | 0:16:17 | 0:16:19 | |
If you don't tell ten people, I'll eat my hat, | 0:16:19 | 0:16:22 | |
-so if we've ruined it, we then convert it into marketing. -Yeah. | 0:16:22 | 0:16:25 | |
So they're going to buy that for one pound. | 0:16:25 | 0:16:28 | |
It cost you ten, so you lose nine, but they're going to come back | 0:16:28 | 0:16:31 | |
and buy three toilet brushes at 5 quid that cost you 50p? | 0:16:31 | 0:16:33 | |
Well, I'm not going to say how much we paid for them but you're close. | 0:16:33 | 0:16:37 | |
'It's clear that it's profit that's on Chris's agenda. | 0:16:41 | 0:16:44 | |
'I was beginning to see a sharp business brain beneath Chris's | 0:16:44 | 0:16:48 | |
'Del Boy disguise. | 0:16:48 | 0:16:49 | |
'And I sensed that there was still much more to discover.' | 0:16:49 | 0:16:52 | |
Mark and Mo had convinced me that they take their responsibility | 0:16:56 | 0:17:00 | |
to the environment seriously. | 0:17:00 | 0:17:02 | |
But they run a massive business, | 0:17:02 | 0:17:04 | |
employing around 10,000 people worldwide, | 0:17:04 | 0:17:07 | |
so can they be as caring towards their staff as they are the planet? | 0:17:07 | 0:17:10 | |
-What's it like working for Lush? -Well, it's great, really. | 0:17:10 | 0:17:13 | |
I've been here since I left school | 0:17:13 | 0:17:15 | |
so I've been here for nearly 15 years now. | 0:17:15 | 0:17:17 | |
Is there anything unusual that the company does? | 0:17:17 | 0:17:20 | |
-There's lots unusual that we do. -Is there? -Yeah. | 0:17:20 | 0:17:23 | |
Every year Mark and Mo dish out wish lists to the managers. | 0:17:23 | 0:17:27 | |
I wanted to work on R&D sort of stuff, | 0:17:27 | 0:17:30 | |
so I put that on my wish list and it came true. | 0:17:30 | 0:17:33 | |
-Can you put anything down on the wish? Could I wish to... -People do. | 0:17:33 | 0:17:36 | |
They put bizarre things down sometimes. | 0:17:36 | 0:17:38 | |
Someone wanted us to organise a wedding in Italy. We did that. | 0:17:38 | 0:17:41 | |
-You did it? -Yes, absolutely. | 0:17:41 | 0:17:43 | |
Wow. | 0:17:43 | 0:17:45 | |
Mark and Mo's intriguing way of incentivising their workforce | 0:17:46 | 0:17:49 | |
got me thinking about Chris's attitude to his staff. | 0:17:49 | 0:17:52 | |
This is the hub. | 0:17:55 | 0:17:56 | |
'He told me that he'd scrapped his HR department, and I sense that | 0:17:56 | 0:17:59 | |
'he would rather be chasing invoices than organising staff wish lists.' | 0:17:59 | 0:18:03 | |
We're pretty strict on everything we do here. | 0:18:03 | 0:18:06 | |
The old saying, look after the pennies, | 0:18:06 | 0:18:08 | |
the pounds will look after themselves. That was £1.20 out. | 0:18:08 | 0:18:11 | |
That's an invoice | 0:18:11 | 0:18:12 | |
-and they've sent their paperwork back for £1.20 credit. -Correct. | 0:18:12 | 0:18:16 | |
But sometimes I could be chasing 120. It's meticulous down to every penny. | 0:18:16 | 0:18:22 | |
As well managing a chain of retail stores, | 0:18:23 | 0:18:26 | |
Chris is a property developer, runs a carpet cleaning company | 0:18:26 | 0:18:29 | |
and, amongst others, a shopfitting business. | 0:18:29 | 0:18:32 | |
Any other business that's not related to retail? | 0:18:32 | 0:18:35 | |
-Er... -That you're not telling me about. | 0:18:36 | 0:18:40 | |
Yeah, I don't think I'll tell you the other one. Not yet anyway. | 0:18:40 | 0:18:43 | |
What's the other one? | 0:18:43 | 0:18:44 | |
Erm... | 0:18:44 | 0:18:46 | |
I might regret saying this, | 0:18:48 | 0:18:49 | |
but we know there's an amazing problem with lending money. | 0:18:49 | 0:18:52 | |
That's going to go on for three to four more years. | 0:18:52 | 0:18:54 | |
I'll look at a company, | 0:18:54 | 0:18:56 | |
providing I can hold enough of their property, I'll loan them money. | 0:18:56 | 0:19:00 | |
-So you... -I loan money, yeah. | 0:19:00 | 0:19:02 | |
-Basically. -Like a loan shark? | 0:19:02 | 0:19:04 | |
-Well, I wouldn't say a loan shark. -Do you charge normal rates? -No, no. | 0:19:04 | 0:19:08 | |
-No, not at all. No, I charge as much as... -High rates? | 0:19:08 | 0:19:11 | |
Yeah, very high rates. | 0:19:11 | 0:19:12 | |
Chris, come on, what's the difference? | 0:19:12 | 0:19:14 | |
The difference is, you can tell me to get stuffed. | 0:19:14 | 0:19:17 | |
-You don't have to have it, do you? -If I asked you for £1 million, what would you lend it at? | 0:19:17 | 0:19:21 | |
I'd charge you as much as I'd look at your business can afford. | 0:19:21 | 0:19:23 | |
If I was to charge you 200 grand and realise that you can only do 50, | 0:19:23 | 0:19:27 | |
you'll go skint, what's the point? I won't get my money back. | 0:19:27 | 0:19:30 | |
The only reason people come and see me, | 0:19:30 | 0:19:32 | |
cos all the other doors are shut. | 0:19:32 | 0:19:33 | |
They don't come and see me cos they like me. | 0:19:33 | 0:19:36 | |
I wouldn't say last chance saloon - we're a service | 0:19:36 | 0:19:39 | |
but I will not allow people to borrow millions off me, | 0:19:39 | 0:19:43 | |
or 500 grand or whatever, if I think they can't pay it back. | 0:19:43 | 0:19:46 | |
I will study that business. | 0:19:46 | 0:19:48 | |
And if I make a fool of myself or I blow the money... | 0:19:48 | 0:19:51 | |
Do you not think doing all these different things, | 0:19:52 | 0:19:54 | |
there will come a point where you will drop a ball somewhere? | 0:19:54 | 0:19:58 | |
I hope so, because that means... | 0:19:58 | 0:20:00 | |
If I can juggle every ball easily, well, | 0:20:00 | 0:20:03 | |
I should be doing two or three more, shouldn't I? | 0:20:03 | 0:20:05 | |
Or doing more of the same. | 0:20:05 | 0:20:06 | |
If I start to drop balls, I know I've maximised myself. | 0:20:06 | 0:20:10 | |
And that's a good point. You've maximised. | 0:20:10 | 0:20:12 | |
My job today is to beat yesterday, and tomorrow I want to beat today. | 0:20:12 | 0:20:16 | |
It's not a problem, is it? | 0:20:16 | 0:20:17 | |
If I won four gold medals, could I have won five or six? | 0:20:17 | 0:20:21 | |
'I know from experience how hard it is to juggle more than one business.' | 0:20:21 | 0:20:25 | |
Managed incorrectly | 0:20:26 | 0:20:28 | |
and Chris's diverse business interests might become a hindrance. | 0:20:28 | 0:20:31 | |
But I can see that he loves trading | 0:20:31 | 0:20:33 | |
and will do all that he can to simply make more money. | 0:20:33 | 0:20:36 | |
Chris is refreshingly upfront about his motivation, | 0:20:40 | 0:20:44 | |
but so far, Mark and Mo have been less revealing about their attitude | 0:20:44 | 0:20:47 | |
to cash. I wanted to know | 0:20:47 | 0:20:49 | |
if they were as excited about profit as they were about their principles. | 0:20:49 | 0:20:54 | |
So here we are in the ballistic room. | 0:20:54 | 0:20:56 | |
This is where all our bath bombs are made. | 0:20:56 | 0:20:59 | |
Mark, Mo and the team produce and sell over 300 products. | 0:21:02 | 0:21:06 | |
And one of their bestselling and most lucrative is the bath bomb. | 0:21:06 | 0:21:10 | |
How many bath bombs will be made a day? | 0:21:10 | 0:21:13 | |
-At the moment, they're making about 60,000 in a day. -In a day? -Yeah. | 0:21:13 | 0:21:19 | |
Yeah. And I think they topped... | 0:21:19 | 0:21:20 | |
Last year we topped about 15 million in the whole year. | 0:21:20 | 0:21:24 | |
-Who came up with the idea? -That would be me, primarily, | 0:21:24 | 0:21:28 | |
-in the late '80s. -How does that make you feel? | 0:21:28 | 0:21:32 | |
You've created a product that sells 15 million. | 0:21:32 | 0:21:34 | |
-Terrified, actually. Yeah. -Not excited, but terrified? | 0:21:34 | 0:21:38 | |
I'm terrified at the success of it all, I think. | 0:21:38 | 0:21:41 | |
Because when I'm making things, for a start we were very hungry, | 0:21:41 | 0:21:46 | |
you don't flash forward and think, "This will be great, | 0:21:46 | 0:21:49 | |
"we could make 15 million of these." Do you know what I mean? | 0:21:49 | 0:21:52 | |
It's not how you work. | 0:21:52 | 0:21:54 | |
Does Mo often tease you that, really, she was the one that's made | 0:21:54 | 0:21:58 | |
this all happen? | 0:21:58 | 0:21:59 | |
Has that conversation ever happened in the bedroom, | 0:21:59 | 0:22:02 | |
-if you don't mind me being so rude? -What, pillow talk? -Pillow talk. | 0:22:02 | 0:22:05 | |
We've got a little rule that we won't talk about business | 0:22:05 | 0:22:08 | |
without our underwear on! | 0:22:08 | 0:22:10 | |
There aren't many married couples in business as successful | 0:22:11 | 0:22:14 | |
as Mark and Mo. | 0:22:14 | 0:22:16 | |
'I wondered how they had divided their roles | 0:22:16 | 0:22:19 | |
'and whether two heads are better than one. | 0:22:19 | 0:22:21 | |
'So it's time for me to get hands-on, even if it does mean wearing | 0:22:21 | 0:22:25 | |
'an apron and rubber gloves.' | 0:22:25 | 0:22:27 | |
-First of all, you're going to dip into this bucket here. -Yeah. | 0:22:27 | 0:22:31 | |
Put a nice dollop of white topping in. Just press it in... | 0:22:31 | 0:22:35 | |
'I wanted to find out the ingredients at the centre | 0:22:35 | 0:22:37 | |
'of their success.' | 0:22:37 | 0:22:39 | |
Slam those two parts together and sort of screw them round | 0:22:39 | 0:22:42 | |
till the two halves of the mould meet. How is that looking? | 0:22:42 | 0:22:46 | |
-I think mine is better than yours. -Do you reckon? OK. | 0:22:46 | 0:22:50 | |
What's the secret of your success working together? | 0:22:51 | 0:22:54 | |
-Please tell me you've got a secret! -We haven't got a secret. | 0:22:56 | 0:23:00 | |
-No, I'm sorry. We have no secret. -I think it's just habit, isn't it? | 0:23:00 | 0:23:04 | |
-Rub along well together. -It can't be easy. Husband and wife. Come on. | 0:23:04 | 0:23:08 | |
We have very, very different places that we work, | 0:23:08 | 0:23:12 | |
so you never see me in this environment, this is Mo's favourite environment. | 0:23:12 | 0:23:15 | |
So that makes a big difference. | 0:23:15 | 0:23:17 | |
Mo looks after manufacturing worldwide, with her team. | 0:23:17 | 0:23:20 | |
I look after the retail more and the business side more. | 0:23:20 | 0:23:23 | |
I'm broad-stroke, you're medium-stroke. | 0:23:23 | 0:23:26 | |
-And I like to get things done as well. -I'm not interested in detail. | 0:23:26 | 0:23:29 | |
No. I'm very practical. | 0:23:29 | 0:23:31 | |
And so when I suspect that either someone's life or their time | 0:23:31 | 0:23:35 | |
or their energy is going to be wasted, I do like to just get | 0:23:35 | 0:23:38 | |
to the nub of it there and then and say, I don't think we should do this. | 0:23:38 | 0:23:41 | |
-I've got this thing about success - marry well. -There we are. | 0:23:41 | 0:23:46 | |
-And you've done that. -I was thinking Mo! | 0:23:46 | 0:23:48 | |
Childhood sweethearts Mark and Mo married in 1973. | 0:23:53 | 0:23:57 | |
Initially, Mark worked as a hairdresser. | 0:23:59 | 0:24:01 | |
But in the early '70s, Mark set up a small beauty salon in Poole, | 0:24:04 | 0:24:08 | |
with his friend and colleague Liz Weir. | 0:24:08 | 0:24:10 | |
It wasn't long before Mo joined them full-time, | 0:24:11 | 0:24:14 | |
developing new products in her garden shed. | 0:24:14 | 0:24:17 | |
It was here that Mo invented the bath bomb. | 0:24:17 | 0:24:20 | |
I'll tell you what, if I had met Mo 20 years ago and knew | 0:24:22 | 0:24:25 | |
she was going to sell 15 million of these, I would have married her. | 0:24:25 | 0:24:28 | |
-Yes, well hard luck - I was there first. -Oh, boys! | 0:24:28 | 0:24:30 | |
Mark and Mo's formidable partnership has helped them face | 0:24:35 | 0:24:39 | |
the many challenges that business has brought their way. | 0:24:39 | 0:24:42 | |
'The growth of Chris Dawson's business has also been | 0:24:44 | 0:24:47 | |
'a labour of love. But before I left his HQ, I wanted to separate fact | 0:24:47 | 0:24:51 | |
'from fiction, and hear more about his muse. | 0:24:51 | 0:24:55 | |
'Money.' | 0:24:55 | 0:24:57 | |
Chris, why are we sitting here? | 0:24:57 | 0:24:59 | |
Well, it's my jungle. It's my environment. | 0:24:59 | 0:25:02 | |
In fact, when the final day comes, you can bury me amongst the stock. | 0:25:02 | 0:25:06 | |
-I love it. -You want to be buried in your warehouse? | 0:25:06 | 0:25:09 | |
Well, I've got loads but this'll do, it's fine. | 0:25:09 | 0:25:12 | |
-There's clearly no luck in this. -No, no. -What is your business ethos? | 0:25:12 | 0:25:17 | |
OK, well, if you maximise the day, you know, | 0:25:17 | 0:25:20 | |
if I can get 70 minutes out of every hour, there is no relax, | 0:25:20 | 0:25:24 | |
there is no, "That'll do," there is no, "That's almost right, | 0:25:24 | 0:25:28 | |
"we'll do this tomorrow." | 0:25:28 | 0:25:30 | |
I don't mind having a sense of humour, | 0:25:30 | 0:25:32 | |
but I'll put the energy into what is going to be the biggest return. | 0:25:32 | 0:25:35 | |
What about success? How do you measure success? | 0:25:35 | 0:25:38 | |
OK, well, success to me is a big scoreboard in the sky, | 0:25:38 | 0:25:42 | |
and I challenge myself to beat figures - turnover figures, | 0:25:42 | 0:25:45 | |
net profit figures, balance sheets, the amount of stores. | 0:25:45 | 0:25:49 | |
How long the applause was when I done a speech. I want more all the time. | 0:25:49 | 0:25:53 | |
Is it greed? OK. | 0:25:53 | 0:25:55 | |
Then it's greed. I'm very, very greedy for more success. | 0:25:55 | 0:25:58 | |
One of the secrets to Chris's success is his belief that | 0:26:01 | 0:26:04 | |
he can make the impossible happen. | 0:26:04 | 0:26:06 | |
He set up one of Britain's first discount superstores, | 0:26:06 | 0:26:10 | |
just outside Plymouth in the late '80s. | 0:26:10 | 0:26:12 | |
It sold everything, from toys and homeware to DIY equipment | 0:26:12 | 0:26:16 | |
and jewellery. Within four months, turnover hit £1 million | 0:26:16 | 0:26:20 | |
and Chris claims to have made a £250,000 profit in his first year. | 0:26:20 | 0:26:26 | |
By 2009, Chris was in a position to make a deal so outrageous | 0:26:26 | 0:26:30 | |
that its details have remain secret. | 0:26:30 | 0:26:33 | |
Until now. | 0:26:33 | 0:26:35 | |
You did a deal, and a pretty successful one, with MFI. | 0:26:35 | 0:26:39 | |
-Yes, that's right. -Tell me what happened. | 0:26:39 | 0:26:41 | |
Yeah, it depends if you want the drunken version, the real version, | 0:26:41 | 0:26:46 | |
the version I need to tell the Revenue or the Trading Standards. | 0:26:46 | 0:26:50 | |
-Which one do you want? -Give me the real one. | 0:26:50 | 0:26:53 | |
I'm going to give you the real one. OK. We... | 0:26:53 | 0:26:55 | |
Everybody was up to buy this MFI. | 0:26:55 | 0:26:58 | |
We told the press at the time that we had amazing competition. | 0:26:59 | 0:27:03 | |
There wasn't one. Because we got the press out first. | 0:27:03 | 0:27:07 | |
They said, "Dawson's in battle with five or eight people." | 0:27:07 | 0:27:10 | |
We probably made the names up. But the press, bless them, printed it. | 0:27:10 | 0:27:14 | |
So you had no competition. | 0:27:14 | 0:27:16 | |
Well, after what we done, well, we would've if... So... | 0:27:16 | 0:27:20 | |
That's life, isn't it? | 0:27:20 | 0:27:21 | |
So I'm sat in a deckchair in Barbados and funny enough, | 0:27:21 | 0:27:25 | |
we had a Del Boy thing. | 0:27:25 | 0:27:27 | |
You know, the umbrella. This is true. | 0:27:27 | 0:27:31 | |
And, "Mr Dawson?" I said, "Yes, quite right." | 0:27:31 | 0:27:34 | |
And he said, "About this MFI stock..." | 0:27:34 | 0:27:37 | |
And I thought, "Great, I can see the pound notes now." | 0:27:37 | 0:27:40 | |
And I said, "OK, I'll have it all. | 0:27:40 | 0:27:42 | |
"Every bit of it. Forklifts, the lot." And I put the phone down. | 0:27:44 | 0:27:47 | |
-How much for? -I'm not telling you. | 0:27:47 | 0:27:50 | |
15 seconds had gone by. | 0:27:50 | 0:27:52 | |
I'm going like this. 20 seconds. | 0:27:53 | 0:27:56 | |
30 seconds. I'm over a minute now. I thought, "Dawson, you've blown it. | 0:27:56 | 0:28:01 | |
"You ain't so clever as you think you are." Ring, ring. | 0:28:01 | 0:28:04 | |
The guy's on the end of the phone. I felt like kissing him. | 0:28:04 | 0:28:07 | |
"Erm, erm, erm..." A bit flustered. | 0:28:07 | 0:28:10 | |
"Erm, you... | 0:28:10 | 0:28:11 | |
"You said you'd have all of it, but you don't know the price." | 0:28:11 | 0:28:15 | |
I said, "You don't know what I'm going to give you either. Goodbye." It went on like that. | 0:28:15 | 0:28:19 | |
And what did you pay for it? | 0:28:19 | 0:28:21 | |
-Erm, not a lot. -Say it quietly. You can whisper it to me. | 0:28:21 | 0:28:24 | |
Well, we'll have a competition. | 0:28:24 | 0:28:27 | |
So if I had paid nine million, you'd have thought I was a star. | 0:28:27 | 0:28:30 | |
If I'd paid eight, you'd have thought, "This boy's nicked it." | 0:28:30 | 0:28:34 | |
-Had I paid six, you'd think, "He's telling lies." -Yeah. | 0:28:34 | 0:28:39 | |
Had I paid five, you would've thought I'd been drinking. | 0:28:39 | 0:28:42 | |
All I'm going to tell you, I got change out of three mill. | 0:28:43 | 0:28:47 | |
And I can remember drinking I don't know how many of these other things | 0:28:47 | 0:28:51 | |
in Barbados and I fell off the chair and said, | 0:28:51 | 0:28:54 | |
"I think I've just bought a hell of a deal." We made a lot of money on it. | 0:28:54 | 0:28:58 | |
-A lot. -Wow. | 0:28:58 | 0:29:00 | |
If that was the real version, it's an incredible revelation. | 0:29:02 | 0:29:06 | |
Having tricked the opposition into retreating, Chris secured himself | 0:29:06 | 0:29:11 | |
at least £60 million worth of retail goods for just under three. | 0:29:11 | 0:29:16 | |
You sail really close to the wind. | 0:29:16 | 0:29:18 | |
How far are you prepared to go to be successful? | 0:29:20 | 0:29:23 | |
What it takes. | 0:29:25 | 0:29:26 | |
Whatever it takes is what I'll do. | 0:29:26 | 0:29:29 | |
I just desperately want to win. And I mean desperate. | 0:29:29 | 0:29:32 | |
Chris certainly tells a good story, but I was left wondering | 0:29:34 | 0:29:38 | |
if he's an expert entrepreneur, a relentless genius or both. | 0:29:38 | 0:29:42 | |
Whichever way you look at it, he deserves to be given credit | 0:29:42 | 0:29:46 | |
for building a reported personal fortune of over £400 million | 0:29:46 | 0:29:50 | |
from nothing. | 0:29:50 | 0:29:51 | |
Mark and Mo may have some seriously green credentials, | 0:29:57 | 0:30:00 | |
but let's not forget that they too are guided in part | 0:30:00 | 0:30:03 | |
by the colour of money. | 0:30:03 | 0:30:05 | |
I'm curious how they use their fortune, estimated at £150 million. | 0:30:05 | 0:30:11 | |
Normally when you meet entrepreneurs running successful businesses, | 0:30:13 | 0:30:17 | |
especially, you know, not even perhaps the size of your business, | 0:30:17 | 0:30:20 | |
there's normally a little bit of... the trappings of success are shown. | 0:30:20 | 0:30:24 | |
-They're either hidden in the car park with some nice flashy cars. -I've got a very nice jacket! | 0:30:24 | 0:30:28 | |
Do you not think I'm looking...? | 0:30:28 | 0:30:30 | |
Yeah, as I was saying, Mark! | 0:30:30 | 0:30:32 | |
-Lovely jacket. -Thank you. | 0:30:32 | 0:30:34 | |
Money. Is it like the unspoken word? | 0:30:36 | 0:30:39 | |
No, we talk about it. | 0:30:39 | 0:30:41 | |
-You do? -Yeah. | 0:30:41 | 0:30:42 | |
The money we have we're either spending on ourselves | 0:30:42 | 0:30:45 | |
or we're giving to someone else to spend. | 0:30:45 | 0:30:47 | |
You can give small amounts of money to dynamic groups | 0:30:47 | 0:30:50 | |
and they can make it go so far. And that's really exciting. | 0:30:50 | 0:30:53 | |
That what we can do, in our business, | 0:30:53 | 0:30:56 | |
is really make a contribution. | 0:30:56 | 0:30:58 | |
Donating to good causes is not unusual, | 0:31:00 | 0:31:03 | |
but the Constantines have used their company to protest | 0:31:03 | 0:31:06 | |
against some very high profile issues. | 0:31:06 | 0:31:08 | |
In 2008, they campaigned for fair trials at the Guantanamo Bay prison. | 0:31:08 | 0:31:14 | |
-It was a suggestion from Clive Stafford Smith, wasn't it? -Yeah. | 0:31:14 | 0:31:18 | |
Human rights lawyer. | 0:31:18 | 0:31:19 | |
He's a human rights lawyer and he actually coined the phrase | 0:31:19 | 0:31:22 | |
"Buy one, set one free." | 0:31:22 | 0:31:24 | |
And I knew straightaway then that was a product, | 0:31:24 | 0:31:29 | |
and so while the discussion was going on at the time, I nipped over | 0:31:29 | 0:31:35 | |
to my lab and I made the ballistic that had a peace dove on the top. | 0:31:35 | 0:31:39 | |
So you literally would put this product into your bath | 0:31:39 | 0:31:42 | |
and it would float. Yeah. | 0:31:42 | 0:31:44 | |
-We sold that. -Really? -Yeah. | 0:31:44 | 0:31:46 | |
So that was a really successful thing. | 0:31:46 | 0:31:49 | |
It was successful because they were both released. | 0:31:49 | 0:31:52 | |
And how far would you go? | 0:31:52 | 0:31:54 | |
Well, we had a situation with the hunt job where we were | 0:31:55 | 0:31:58 | |
selling a product on behalf of hunt saboteurs. | 0:31:58 | 0:32:01 | |
And hunt supporters came in, intimidated the staff, | 0:32:01 | 0:32:05 | |
pushed things off the shelf. | 0:32:05 | 0:32:06 | |
That was a bit of an issue for me because I don't like the thought | 0:32:06 | 0:32:09 | |
that our staff were put in some kind of danger. | 0:32:09 | 0:32:12 | |
I wasn't expecting that kind of reaction from hunt supporters. | 0:32:12 | 0:32:15 | |
But I wouldn't really put someone else in danger if I could avoid it. | 0:32:15 | 0:32:20 | |
No, absolutely. | 0:32:20 | 0:32:21 | |
'Their controversial campaigning shows that the Constantines | 0:32:22 | 0:32:26 | |
'have a steely backbone. | 0:32:26 | 0:32:28 | |
'But I wondered if the accompanying publicity brought other benefits.' | 0:32:28 | 0:32:32 | |
You've dealt with very controversial issues out there, | 0:32:32 | 0:32:35 | |
-not just in the UK market but in a global sense. -Yeah. | 0:32:35 | 0:32:38 | |
Is that PR, or is that a belief? | 0:32:38 | 0:32:40 | |
It can be both, of course. | 0:32:41 | 0:32:43 | |
It can be your belief and it can create publicity. | 0:32:43 | 0:32:47 | |
There's always this sort of thing like, you know, | 0:32:47 | 0:32:50 | |
they're doing that for the publicity. | 0:32:50 | 0:32:52 | |
Well, if it creates an interest, it gets the message out there, | 0:32:52 | 0:32:56 | |
and it sells a product, you know? Where's the problem? | 0:32:56 | 0:33:00 | |
Mark and Mo have built their company around some strong principles, | 0:33:05 | 0:33:09 | |
and even used their ideals as a powerful marketing tool. | 0:33:09 | 0:33:12 | |
It is clear that the Constantines have proved that you can mix profit | 0:33:14 | 0:33:18 | |
with politics. But I was left wondering | 0:33:18 | 0:33:21 | |
whether these happy hippies had always found business so easy. | 0:33:21 | 0:33:24 | |
What most surprised me about Mark and Mo were their honest answers | 0:33:26 | 0:33:30 | |
to some pretty sensitive questions. | 0:33:30 | 0:33:33 | |
I was hoping to make the same breakthrough with Chris Dawson. | 0:33:33 | 0:33:36 | |
-There we go, Chris. -Thank you very much, sir. | 0:33:38 | 0:33:40 | |
Chris, like all good entrepreneurs, sees openings and opportunity | 0:33:40 | 0:33:44 | |
in everything that he does. | 0:33:44 | 0:33:46 | |
He's proud to be open about wanting more | 0:33:46 | 0:33:49 | |
and showing how determined he is to achieve it. | 0:33:49 | 0:33:51 | |
I wanted to get to the root of his success by exploring his childhood, | 0:33:53 | 0:33:58 | |
and that meant going back to where it all started - his old school. | 0:33:58 | 0:34:02 | |
-So this is it. -This is it. | 0:34:05 | 0:34:08 | |
Long time ago, eh? | 0:34:13 | 0:34:14 | |
-Were you academic at school? -Oh, no, not at all. I didn't have a clue. | 0:34:20 | 0:34:24 | |
I struggled to write the date on the top and the answers, no. | 0:34:24 | 0:34:30 | |
Completely no. I didn't really enjoy school. | 0:34:30 | 0:34:33 | |
-You didn't? -No, because it was awkward for me. | 0:34:33 | 0:34:36 | |
I was forever in trouble simply because I didn't have an ability | 0:34:36 | 0:34:39 | |
to learn anything. | 0:34:39 | 0:34:40 | |
It just went over my head, practically everything I done. | 0:34:40 | 0:34:44 | |
Were you dyslexic? Have you got any... | 0:34:44 | 0:34:46 | |
Yeah, yeah, dyslexic, yes. Indeed I was. But in those days... | 0:34:46 | 0:34:51 | |
-So you are dyslexic, then? -For sure, yeah. | 0:34:51 | 0:34:53 | |
And in those days they would call it backward, | 0:34:53 | 0:34:57 | |
but it was no big offensive thing then, was it? | 0:34:57 | 0:34:59 | |
So, from your perspective, | 0:34:59 | 0:35:01 | |
-you didn't learn anything from school at all? -No. | 0:35:01 | 0:35:04 | |
I'm not ashamed of it, but when I left school... Well, I can't write now. | 0:35:04 | 0:35:08 | |
-You can't write at all? -No, not at all. I can't write, I can't spell. | 0:35:08 | 0:35:13 | |
-Can you read? -Yeah, I could read when I was about 27. | 0:35:13 | 0:35:17 | |
And I can read anything now. | 0:35:17 | 0:35:20 | |
My maths is pretty hot! | 0:35:20 | 0:35:22 | |
-That's pretty quick. -So you're good with numbers. -Yeah, for sure. | 0:35:22 | 0:35:25 | |
I'm really good with numbers. | 0:35:25 | 0:35:27 | |
'The jigsaw puzzle that is Chris Dawson was beginning to come together. | 0:35:27 | 0:35:31 | |
'But the fact that a multimillionaire owner of a massive retail empire | 0:35:31 | 0:35:35 | |
'left school with no qualifications, and without being able to read | 0:35:35 | 0:35:39 | |
'or write, was not a massive surprise to me. | 0:35:39 | 0:35:42 | |
'Because I'm partially dyslexic, but didn't find out until later in life. | 0:35:42 | 0:35:46 | |
'Research claims that entrepreneurs are five times more likely | 0:35:46 | 0:35:51 | |
'to have the condition than the rest of the population. | 0:35:51 | 0:35:54 | |
'Dyslexics tend to struggle in mainstream education, | 0:35:54 | 0:35:57 | |
'but they flourish in other environments. | 0:35:57 | 0:36:00 | |
'So I wondered where Chris really learned his early lessons.' | 0:36:00 | 0:36:03 | |
-School was a bit of an enterprise for me. -You used to bunk off? -Yeah. | 0:36:06 | 0:36:10 | |
And where did you go? | 0:36:10 | 0:36:11 | |
When my dad would take me, I would go to a market or a fairground | 0:36:11 | 0:36:15 | |
and he'd stand me somewhere, anywhere, selling peaches or... | 0:36:15 | 0:36:21 | |
..toffee apples or things like that. | 0:36:22 | 0:36:25 | |
We were toffee-appling and we ran out of apples, | 0:36:25 | 0:36:28 | |
so he made me put the sticks in these oranges | 0:36:28 | 0:36:32 | |
and we toffeed the oranges with the rind on. | 0:36:32 | 0:36:34 | |
Of course, everybody is looking at our toffee apples, the biggest. | 0:36:34 | 0:36:38 | |
He made me shout out, "Biggest toffee apples! | 0:36:38 | 0:36:40 | |
"Biggest toffee apples!" when they were oranges | 0:36:40 | 0:36:43 | |
and I was very young and when they bit into them through the toffee, | 0:36:43 | 0:36:46 | |
they'd taste the orange, "Oh, my God!" | 0:36:46 | 0:36:49 | |
My dad would say, "You'll acquire that taste." | 0:36:49 | 0:36:52 | |
-He had an answer for everything. -Wow. | 0:36:52 | 0:36:55 | |
No Trading Standards then! | 0:36:55 | 0:36:56 | |
'By swapping school for the market stall, | 0:36:58 | 0:37:01 | |
'Chris picked up the sales skills | 0:37:01 | 0:37:02 | |
'that have played a major part in his success today. | 0:37:02 | 0:37:06 | |
'I'd be delving deeper into his early days as a market trader later, | 0:37:10 | 0:37:14 | |
'but now, I'm on my way to Mark and Mo's first shop in Poole.' | 0:37:14 | 0:37:17 | |
-Mark, Mo, good to see you. How are you? -Hi, lovely to see you. | 0:37:21 | 0:37:25 | |
-What a beautiful day out there. -Fabulous, isn't it? | 0:37:25 | 0:37:27 | |
-So this is it. -This is it. | 0:37:27 | 0:37:29 | |
-Your first original, which opened...? -In 1995. What a team! | 0:37:29 | 0:37:35 | |
Wow, 17 years ago. | 0:37:35 | 0:37:37 | |
I always feel like my granddad in here | 0:37:39 | 0:37:41 | |
because he had a grocer's store down in Dorchester. | 0:37:41 | 0:37:44 | |
'I was keen to see if Mark and Mo felt comfortable | 0:37:47 | 0:37:50 | |
'swapping the back office for the shop floor.' | 0:37:50 | 0:37:53 | |
I find this really interesting because it's a bit like | 0:37:53 | 0:37:55 | |
a cake or a cheeseboard sort of style | 0:37:55 | 0:37:58 | |
where you take a slice of what you want. | 0:37:58 | 0:38:00 | |
Yes, we've arranged it to be exactly that, like a cheese shop, | 0:38:00 | 0:38:04 | |
so you can graze through the different ranges that we have. | 0:38:04 | 0:38:07 | |
Is there a lot of research in this? | 0:38:07 | 0:38:09 | |
-There's research, but not necessarily... -Or is it instinctive? | 0:38:09 | 0:38:12 | |
It's not market research. | 0:38:12 | 0:38:13 | |
What we tend to do is, we do about 20 - 30% new product every year, | 0:38:13 | 0:38:17 | |
so we bring it out, we do it and then we have a look | 0:38:17 | 0:38:20 | |
and see what people think of it and then we keep on talking about it. | 0:38:20 | 0:38:23 | |
We might tweak it a little bit, but often the first thing is the best. | 0:38:23 | 0:38:26 | |
So when... That's what I find interesting. | 0:38:26 | 0:38:28 | |
You bring a product out to market when you don't even know | 0:38:28 | 0:38:30 | |
-the customer is going to like it. -Absolutely. | 0:38:30 | 0:38:34 | |
We do not... I mean, the idea is, basically, | 0:38:34 | 0:38:37 | |
if you only bring out things that people are expecting, | 0:38:37 | 0:38:41 | |
then you keep on bringing out a new flavour of shower gel | 0:38:41 | 0:38:44 | |
because people don't have | 0:38:44 | 0:38:46 | |
the imagination beyond what they can see. | 0:38:46 | 0:38:48 | |
That's not rude, that's just the way it works. So if you... | 0:38:48 | 0:38:51 | |
What you're trying to do is get them to experiment, try new ideas out, | 0:38:51 | 0:38:57 | |
expand their thinking with regard to what they're looking at. | 0:38:57 | 0:39:01 | |
You're quite bold then. Would you describe it as bold? | 0:39:01 | 0:39:03 | |
-Testing doesn't... -Being driven by what your customers want, | 0:39:03 | 0:39:06 | |
you're clearly not driven by that at all. You're driven by... | 0:39:06 | 0:39:10 | |
I'm driven by what my customers LIKE, but not by what they WANT. | 0:39:10 | 0:39:14 | |
We're doing something right. | 0:39:14 | 0:39:16 | |
I think that too much timidity and too much messing about | 0:39:16 | 0:39:20 | |
once you are clear as to what you're doing | 0:39:20 | 0:39:22 | |
is part of the reason for failures. | 0:39:22 | 0:39:25 | |
Mark's bullish approach to business was a side of him | 0:39:26 | 0:39:29 | |
I hadn't seen before, but one that I needed to explore. | 0:39:29 | 0:39:34 | |
He certainly doesn't lack self-confidence | 0:39:34 | 0:39:36 | |
and having done some research, I knew that like many entrepreneurs, | 0:39:36 | 0:39:40 | |
there had been tough times to conquer | 0:39:40 | 0:39:42 | |
before arriving at such a confident view on how to run the business. | 0:39:42 | 0:39:46 | |
Time to tackle Mark and Mo's boom-and-bust beginnings | 0:39:47 | 0:39:51 | |
and their roller-coaster relationship | 0:39:51 | 0:39:53 | |
with one of the biggest names in the cosmetics industry. | 0:39:53 | 0:39:55 | |
So, Mark, tell me how it all began with The Body Shop. | 0:40:00 | 0:40:03 | |
Well, I was broke and living off Mo. | 0:40:03 | 0:40:06 | |
I was trying to flog my goods here, there and everywhere. | 0:40:06 | 0:40:08 | |
I thought I could probably sell them and then I spotted a little piece in | 0:40:08 | 0:40:13 | |
Honey Magazine about someone who had a shop, one shop, in Littlehampton. | 0:40:13 | 0:40:17 | |
I met Anita Roddick in her first shop. | 0:40:17 | 0:40:21 | |
She placed an order for £1,000-worth of my product, which was amazing | 0:40:21 | 0:40:26 | |
and that was the start of a really lovely and exciting relationship. | 0:40:26 | 0:40:30 | |
And it grew and grew and grew into... | 0:40:30 | 0:40:32 | |
Well, I thought it would be the only order I'd get and then it grew | 0:40:32 | 0:40:36 | |
and then, obviously, her and her husband Gordon | 0:40:36 | 0:40:39 | |
grew The Body Shop into a really large concern and I had... | 0:40:39 | 0:40:44 | |
Well, WE had a really exciting ride with them | 0:40:44 | 0:40:48 | |
and a hell of an education in, you know... | 0:40:48 | 0:40:51 | |
I'd see them as true entrepreneurs, as far as I'm concerned. | 0:40:51 | 0:40:54 | |
What, even over and above yourselves? | 0:40:54 | 0:40:56 | |
Absolutely, yeah, because of the drive, the speed, the fanaticism. | 0:40:56 | 0:41:01 | |
The whole thing worked on argument. Even if you phoned Anita and Gordon, | 0:41:01 | 0:41:04 | |
they would both lift up the extension, | 0:41:04 | 0:41:06 | |
and they'd argue even about who was answering the phone, | 0:41:06 | 0:41:09 | |
so if you wanted to get an idea through, | 0:41:09 | 0:41:11 | |
you had to argue it through, | 0:41:11 | 0:41:13 | |
you had to argue with her, you had to argue with him, | 0:41:13 | 0:41:15 | |
the whole thing would go through and then, | 0:41:15 | 0:41:17 | |
if it was robust enough to stand that kind of pressure, off it went. | 0:41:17 | 0:41:21 | |
By 1984, Mark, Mo and Elizabeth Weir's company, | 0:41:24 | 0:41:27 | |
Constantine and Weir, | 0:41:27 | 0:41:29 | |
were Anita Roddick's biggest suppliers. | 0:41:29 | 0:41:31 | |
It was a lucrative relationship, but one that would end abruptly. | 0:41:31 | 0:41:35 | |
In 1992, Roddick decided to buy Mark and Mo out | 0:41:35 | 0:41:39 | |
and bring production in-house. | 0:41:39 | 0:41:41 | |
The Constantines sold their cosmetic formulas | 0:41:41 | 0:41:44 | |
to The Body Shop for £9 million. | 0:41:44 | 0:41:46 | |
Interestingly, any products that Roddick hadn't bought | 0:41:46 | 0:41:50 | |
were funnelled into a new mail-order company, Cosmetics To Go. | 0:41:50 | 0:41:54 | |
You carried on with Cosmetics To Go. | 0:41:54 | 0:41:56 | |
We did, which lost a pound every time we sent out an order. | 0:41:56 | 0:42:00 | |
It lost a pound every time you sent an order out? | 0:42:01 | 0:42:04 | |
But we worked on the principle... | 0:42:04 | 0:42:05 | |
It was the dot-com principle, that if you get to a certain size, | 0:42:05 | 0:42:08 | |
your overhead will be covered by... | 0:42:08 | 0:42:10 | |
You've got economies of scale across the business as you grow? | 0:42:10 | 0:42:13 | |
-Yes. -And what...? -We never achieved it. We went bust. -You went bust. | 0:42:13 | 0:42:18 | |
Cosmetics To Go never sold enough product to bring | 0:42:20 | 0:42:23 | |
the cost of production down. | 0:42:23 | 0:42:25 | |
As a result, Mark and Mo failed to make any profit, | 0:42:25 | 0:42:29 | |
burned through almost all of The Body Shop's £9 million | 0:42:29 | 0:42:31 | |
and, eventually, the company went bust. | 0:42:31 | 0:42:35 | |
I think it just highlighted what we didn't know at that point. | 0:42:35 | 0:42:38 | |
We had been a contract supplier, basically, to The Body Shop and then | 0:42:38 | 0:42:43 | |
suddenly, it's a whole different game when you take on your own business. | 0:42:43 | 0:42:47 | |
You take on more responsibilities | 0:42:47 | 0:42:49 | |
and I don't think that we really understood that. | 0:42:49 | 0:42:52 | |
Some of the basic business practices, we weren't good at, | 0:42:52 | 0:42:56 | |
-we didn't pay enough attention to. -How did you feel? | 0:42:56 | 0:42:59 | |
Em... Yes, shame was the word that came to mind. | 0:42:59 | 0:43:03 | |
It was quite difficult. Basically, I was hiding away at home, | 0:43:03 | 0:43:06 | |
-so I tended to come in the back door. -So it affected you? | 0:43:06 | 0:43:10 | |
-You wouldn't go through the front door? -For a little while. | 0:43:10 | 0:43:13 | |
It's like losing a child, isn't it?... | 0:43:13 | 0:43:16 | |
-That's how you felt? -At the time, I felt angry, | 0:43:16 | 0:43:20 | |
but I also felt somewhere between raped and robbed. | 0:43:20 | 0:43:23 | |
I felt that, especially with the receivers coming in... | 0:43:23 | 0:43:26 | |
I don't think we were good business people before that. | 0:43:26 | 0:43:29 | |
I think there are arrogant, I think we had too long a party | 0:43:29 | 0:43:31 | |
and I think, as a result, we were much more contrite, | 0:43:31 | 0:43:34 | |
we were much more focused and we did a much better job the second time. | 0:43:34 | 0:43:38 | |
It could be argued that competing against an ex-client | 0:43:42 | 0:43:45 | |
isn't terribly principled, especially one so established. | 0:43:45 | 0:43:49 | |
But Mark and Mo have clearly learned from their mistake, | 0:43:49 | 0:43:52 | |
one that's left some emotional scars | 0:43:52 | 0:43:54 | |
and shapes how they approach business today. | 0:43:54 | 0:43:57 | |
Buoyed by my breakthrough with Mark and Mo, I thought it about time | 0:44:00 | 0:44:04 | |
to delve into Chris Dawson's market trader DNA. | 0:44:04 | 0:44:07 | |
-Give me a two-minute pitch to sell that watch to me. -Right, OK. | 0:44:09 | 0:44:12 | |
Ladies and gentlemen, this was due for H Samuel's, | 0:44:12 | 0:44:14 | |
it got lost and I found it. | 0:44:14 | 0:44:15 | |
The police said, "What are you doing pulling that string?" | 0:44:15 | 0:44:18 | |
I said, "You try pushing it." | 0:44:18 | 0:44:19 | |
The retail value of this is in excess of £900. | 0:44:19 | 0:44:21 | |
Half price is 500. What do you mean, I can't add up? | 0:44:21 | 0:44:23 | |
£500, 480, 380, if I turn round I'll charge you £300. | 0:44:23 | 0:44:27 | |
You shove your legs and arms up. | 0:44:27 | 0:44:28 | |
Madam, do you mind if I make it cheaper? | 0:44:28 | 0:44:30 | |
Have you got two? I wish I did have. | 0:44:30 | 0:44:32 | |
Listen, I wasn't that quick when I stole it. | 0:44:32 | 0:44:34 | |
First hand up there, quickly and sharply. Bang, I'll take £50. | 0:44:34 | 0:44:38 | |
-That is... -But we'd adjust the figures to whatever. It can be... | 0:44:39 | 0:44:45 | |
I could be selling a Royal Worcester dinner and tea set, | 0:44:45 | 0:44:48 | |
I could be doing Gucci with two Gs. | 0:44:48 | 0:44:53 | |
It's good. It's a bit like a mix between an auction at Christie's, | 0:44:53 | 0:44:59 | |
but it's being done by Del Boy Trotter. | 0:44:59 | 0:45:02 | |
Basically, you're actually appealing to somebody's greed really | 0:45:03 | 0:45:11 | |
because they certainly don't want it when I start to sell. | 0:45:11 | 0:45:14 | |
Chris is clearly a great salesman, | 0:45:16 | 0:45:18 | |
but I wondered whether things could have turned out differently. | 0:45:18 | 0:45:23 | |
As well as linking dyslexia and entrepreneurship, | 0:45:23 | 0:45:26 | |
research has found a link between undiagnosed dyslexia and crime. | 0:45:26 | 0:45:31 | |
Feeling devalued at school, young people with the condition | 0:45:31 | 0:45:34 | |
often seek self-esteem via deviant behaviour. | 0:45:34 | 0:45:39 | |
If you hadn't gone down a sort of a legitimate way to make your money, | 0:45:39 | 0:45:45 | |
do you think you could have dug into the sort of criminal world? | 0:45:45 | 0:45:49 | |
I certainly don't recommend anybody steals, | 0:45:49 | 0:45:53 | |
-but I am fascinated with crime. I always wanted to rob a bank. -Did you? | 0:45:53 | 0:45:58 | |
Yeah, I did. I didn't do it, by the way. They robbed me instead! | 0:45:58 | 0:46:02 | |
And to be rich that fast was the reason I was going to do it. | 0:46:02 | 0:46:05 | |
-And did you ever get caught by the police? -Yeah, I did, yeah. | 0:46:05 | 0:46:08 | |
-Several times. -What made you stay the right side in the end? | 0:46:08 | 0:46:11 | |
Well, I've ended up being pretty good at my job and I was earning | 0:46:11 | 0:46:16 | |
so much money as a spieler, there was never any point, | 0:46:16 | 0:46:20 | |
considering the fact that the money was ridiculous that I was earning. | 0:46:20 | 0:46:23 | |
Chris moved from market stall to department store in 1988. | 0:46:23 | 0:46:28 | |
He bought his first premises with cash | 0:46:28 | 0:46:30 | |
and claims to be remarkably debt-free today. | 0:46:30 | 0:46:33 | |
Have you got an investor at the moment? | 0:46:33 | 0:46:34 | |
No, no investors, no borrowed money. | 0:46:34 | 0:46:37 | |
We all know that actually I should have some debt at this stage, | 0:46:37 | 0:46:41 | |
but I haven't. | 0:46:41 | 0:46:42 | |
It's a little bit old-fashioned, but do you know, we open, we buy, | 0:46:42 | 0:46:46 | |
we build, we sell. Buy, build, sell. | 0:46:46 | 0:46:50 | |
See, that's amazing, isn't it? | 0:46:50 | 0:46:53 | |
Starting life with no debt, | 0:46:53 | 0:46:55 | |
growing a business with no bank loans or debt, | 0:46:55 | 0:47:00 | |
getting a business up to several hundred million in income, | 0:47:00 | 0:47:04 | |
no loans or debt. | 0:47:04 | 0:47:05 | |
No, 400 million this year it will top, but that's the warm-up act. | 0:47:05 | 0:47:12 | |
I've got to get that billion-pound turnover, that's the target. | 0:47:12 | 0:47:15 | |
(A billion pounds?) | 0:47:17 | 0:47:19 | |
-Yeah, a billion pounds. -Do you think you'll do before you die? | 0:47:19 | 0:47:22 | |
Yeah, sure, yeah, yeah. | 0:47:22 | 0:47:24 | |
I don't think it will be tomorrow, but it won't be long. Yeah, for sure. | 0:47:24 | 0:47:28 | |
Ambitious is an understatement! | 0:47:30 | 0:47:33 | |
No matter how much time I spend with Chris, | 0:47:33 | 0:47:35 | |
the surprises just keep coming. | 0:47:35 | 0:47:37 | |
Mark and Mo are as keen as Chris to grow their business, | 0:47:39 | 0:47:43 | |
but they aren't just doing it for their own benefit. | 0:47:43 | 0:47:45 | |
This is Simon, my son, he is one of our perfumers. | 0:47:45 | 0:47:49 | |
'The couple's three children all work for the company. | 0:47:49 | 0:47:52 | |
'Simon, the eldest, is based here in the lab.' | 0:47:52 | 0:47:56 | |
I'm seeing a little bit of the likeness there. | 0:47:56 | 0:47:58 | |
Yeah, obviously I'm slimmer and better looking. | 0:47:58 | 0:48:01 | |
Don't you think they're old enough to retire now, though? | 0:48:01 | 0:48:04 | |
They've been old enough to retire for years, in my eyes, but... | 0:48:04 | 0:48:08 | |
-You can't kick 'em out fast enough! -They are getting on, aren't they? | 0:48:08 | 0:48:11 | |
Certainly, I thought that, | 0:48:11 | 0:48:13 | |
but I'm pleased that you said it rather than me. | 0:48:13 | 0:48:16 | |
I now know the truth. The son! | 0:48:16 | 0:48:19 | |
Yeah, I'm really the secret of the success, I think. | 0:48:19 | 0:48:22 | |
You know, that's the way I feel anyway. | 0:48:22 | 0:48:24 | |
You're letting him get away with this, aren't you? | 0:48:24 | 0:48:26 | |
We have many conversations like this because we actually work | 0:48:26 | 0:48:29 | |
sitting opposite each other here, so it's always quite interesting. | 0:48:29 | 0:48:33 | |
-But you clearly have got a close relationship, haven't you? -Yeah. | 0:48:33 | 0:48:35 | |
And did you have this sort of relationship with your family, | 0:48:35 | 0:48:39 | |
-with your father? -No. -You don't? | 0:48:39 | 0:48:42 | |
-No. -You don't have this bond? | 0:48:42 | 0:48:44 | |
-I didn't know my father from the age of two. So... -Wow. | 0:48:44 | 0:48:49 | |
And now, he must be proud then? | 0:48:50 | 0:48:52 | |
-Sorry, is this a bit...? -This is a very difficult subject. | 0:48:54 | 0:48:57 | |
I'm going to see my father for the first time next week. | 0:48:57 | 0:49:00 | |
For my 60th birthday, a close friend did a family tree | 0:49:02 | 0:49:06 | |
and, through a whole series of very clever pieces of thinking, | 0:49:06 | 0:49:10 | |
he traced my father, basically, in South Africa. | 0:49:10 | 0:49:13 | |
So it wasn't to do with me looking. | 0:49:13 | 0:49:15 | |
I have looked before and didn't find him | 0:49:15 | 0:49:17 | |
and evidently, they've looked for me and didn't find me. | 0:49:17 | 0:49:20 | |
That's quite amazing. | 0:49:20 | 0:49:21 | |
Do you think that your father, then, | 0:49:21 | 0:49:23 | |
if you haven't seen him since you were two, | 0:49:23 | 0:49:25 | |
do you think that's influenced your life in any way? | 0:49:25 | 0:49:27 | |
I think it's defined my life. | 0:49:27 | 0:49:29 | |
I think it's defined everything about my life. | 0:49:29 | 0:49:32 | |
Why do so many entrepreneurs have these kinds of situations | 0:49:32 | 0:49:34 | |
in their backgrounds and their childhoods, | 0:49:34 | 0:49:36 | |
severe illnesses, parents splitting up, something that really does | 0:49:36 | 0:49:42 | |
sort of create a jar in a child's development | 0:49:42 | 0:49:45 | |
and then go on in that way? | 0:49:45 | 0:49:47 | |
They call it the entrepreneur's wound, you know. | 0:49:47 | 0:49:49 | |
Many people have got far worse circumstances then I've got. | 0:49:49 | 0:49:52 | |
Does your father know how successful you've become? | 0:49:52 | 0:49:55 | |
It's embarrassingly irrelevant. | 0:49:55 | 0:49:58 | |
-It was only pertinent when he didn't exist. -Yeah, yeah. | 0:49:58 | 0:50:03 | |
I'm not interested in, you know, why did you do this? | 0:50:03 | 0:50:07 | |
He's 80, I'm 60, we don't need that, but just to be with him. | 0:50:07 | 0:50:10 | |
I think it's a great privilege, again. | 0:50:10 | 0:50:12 | |
Even if I'm in the last act of his life, at least I'll know him. | 0:50:12 | 0:50:16 | |
Many entrepreneurs I know have a historical chink in their armour. | 0:50:19 | 0:50:23 | |
With Mark, it's his dad. Chris, his dyslexia. | 0:50:23 | 0:50:26 | |
As a result, these complex characters become more creative, | 0:50:26 | 0:50:30 | |
come up with lateral solutions, or are driven to prove themselves. | 0:50:30 | 0:50:34 | |
My time with Mark, Mo and Chris was nearly up. | 0:50:36 | 0:50:39 | |
I'd appreciated Mark and Mo's refreshing honesty and, | 0:50:39 | 0:50:43 | |
after getting to know Chris over the past few days, | 0:50:43 | 0:50:45 | |
I wanted to make sure I was getting the same from him. | 0:50:45 | 0:50:49 | |
It's been an adventure, if I can call it that. | 0:50:49 | 0:50:52 | |
You are clearly an amazing trader. | 0:50:52 | 0:50:54 | |
You've got incredible energy, an insatiable appetite for business, | 0:50:54 | 0:50:59 | |
but everything that you've sort of told me...is it really true? | 0:50:59 | 0:51:05 | |
Well, the bits that I want to be true are true, you know. | 0:51:05 | 0:51:09 | |
Maybe we bend a few letters here and there, | 0:51:09 | 0:51:13 | |
but I think a good slug of it is true. | 0:51:13 | 0:51:16 | |
The figures, as I say, they do the talking. | 0:51:16 | 0:51:19 | |
The MFI deal, I'll go back to that, that was an education. | 0:51:19 | 0:51:22 | |
You keep going on about that. | 0:51:22 | 0:51:23 | |
-It was that really true, it was a number under three million? -The... | 0:51:23 | 0:51:29 | |
Yeah, I'm going to say it was south of £3 million. | 0:51:29 | 0:51:33 | |
You bought it for under three million? | 0:51:33 | 0:51:34 | |
That's the bit that I just feel... That's like legendary! | 0:51:34 | 0:51:38 | |
Your negotiating skills are unreal as well? | 0:51:38 | 0:51:41 | |
Well, you know, if they are still breathing, I'll carry on. | 0:51:41 | 0:51:45 | |
And if they're screaming in pain, so long as they're making a noise | 0:51:45 | 0:51:52 | |
and breathing, their eyes are fluttering, | 0:51:52 | 0:51:54 | |
I will carry on and carry on and carry on. | 0:51:54 | 0:51:57 | |
I'm like an alcoholic in an off-licence. | 0:51:57 | 0:51:59 | |
I've got the keys to the store and I feel sometimes like a pirate | 0:51:59 | 0:52:04 | |
swinging through the window on a rope | 0:52:04 | 0:52:06 | |
going, "Here I come, I'm having this, whatever happens." | 0:52:06 | 0:52:09 | |
It's the excitement and thrill. | 0:52:09 | 0:52:11 | |
And what's the future going to hold for you? | 0:52:11 | 0:52:14 | |
I want to do this as long as I can breathe and, you know, | 0:52:14 | 0:52:18 | |
I'm also looking for investments. | 0:52:18 | 0:52:20 | |
I'm looking to get a few quid here and a few quid there. | 0:52:20 | 0:52:23 | |
If I won the lottery, that wouldn't make much difference, | 0:52:23 | 0:52:26 | |
but if you give me more money than I could ever spend, | 0:52:26 | 0:52:29 | |
I'd go and start another business, | 0:52:29 | 0:52:31 | |
so if this went, I'd only go and start something else. | 0:52:31 | 0:52:34 | |
Because I was thinking to myself, | 0:52:34 | 0:52:36 | |
if I was ever going to put money somewhere, | 0:52:36 | 0:52:38 | |
after the first few occasions of us meeting, I was thinking, | 0:52:38 | 0:52:42 | |
-"You know what, 100 quid, he'll turn that into 200." -Yeah. | 0:52:42 | 0:52:46 | |
Then I thought the other day, "If I give him half a million quid..." | 0:52:46 | 0:52:50 | |
-Then I'd start to get a little bit nervy. -You would get nervous? | 0:52:50 | 0:52:54 | |
Would get a return on it? | 0:52:54 | 0:52:55 | |
Now I've got to know you, I'm thinking, | 0:52:55 | 0:52:58 | |
"Yeah, there's no question, I'd make money by giving you half a million." | 0:52:58 | 0:53:03 | |
But if I was to give you a couple of million and invest... | 0:53:03 | 0:53:06 | |
-Yeah? -What would happen? | 0:53:06 | 0:53:09 | |
Well, I'd turn it into four, five, six. What do you want? | 0:53:09 | 0:53:12 | |
How much do you want? How much risk do you want? | 0:53:12 | 0:53:15 | |
But we don't call it risk, do we? | 0:53:15 | 0:53:17 | |
We just call it business, so what are you punting for? Two? | 0:53:17 | 0:53:21 | |
-Two, maybe three. -Maybe five? | 0:53:21 | 0:53:24 | |
I'd be pretty useless | 0:53:24 | 0:53:25 | |
if I couldn't turn five into ten and then we need to get into the teens. | 0:53:25 | 0:53:29 | |
I quite like this bit. How much have I got in the money bank? | 0:53:29 | 0:53:32 | |
Have you got it with you? | 0:53:32 | 0:53:33 | |
'Chris is a phenomenal businessman. | 0:53:34 | 0:53:37 | |
'His appetite for making money is as big as his personality. | 0:53:37 | 0:53:41 | |
'Both he and the Constantines have built hugely successful businesses, | 0:53:42 | 0:53:46 | |
'but with completely different attitudes and approaches. | 0:53:46 | 0:53:50 | |
'Mark and Mo have impressed me with their ability to | 0:53:51 | 0:53:54 | |
'blend their ideas and profits in an industry not known for its idealism. | 0:53:54 | 0:53:59 | |
'But in our final meeting, | 0:53:59 | 0:54:01 | |
'I wanted to put their principles to the test.' | 0:54:01 | 0:54:03 | |
One thing I've been dying to ask you, | 0:54:04 | 0:54:08 | |
is to have... be so successful, | 0:54:08 | 0:54:12 | |
and be quite edgy and controversial at the same time, | 0:54:12 | 0:54:15 | |
you must have had some pretty harsh decisions to make at some point. | 0:54:15 | 0:54:19 | |
Sometimes you have to be brave. | 0:54:20 | 0:54:22 | |
Invariably, each time you're brave, afterwards you look back | 0:54:22 | 0:54:25 | |
and think, "That wasn't so difficult." | 0:54:25 | 0:54:28 | |
So if you received a huge, huge offer, financially, | 0:54:28 | 0:54:33 | |
from another massive cosmetics company, would you take it? | 0:54:33 | 0:54:37 | |
-No. -I wouldn't have thought so. | 0:54:38 | 0:54:41 | |
Unless they come along with a complete, you know, | 0:54:41 | 0:54:44 | |
embargo on animal testing of their products. | 0:54:44 | 0:54:47 | |
That would be a nice negotiating position, wouldn't it? | 0:54:47 | 0:54:51 | |
-I don't think it's possible, I think that... -So no amount of money? -No. | 0:54:51 | 0:54:56 | |
-A billion pounds, you wouldn't? -No, because it's... | 0:54:56 | 0:55:00 | |
We're in a lovely position | 0:55:00 | 0:55:02 | |
where we already earn adequate sums from our business. | 0:55:02 | 0:55:06 | |
We like to make a contribution, | 0:55:06 | 0:55:08 | |
we're delighted to be in a position to be able to make that. | 0:55:08 | 0:55:11 | |
That's it, that's the endgame. There isn't another endgame beyond that. | 0:55:11 | 0:55:15 | |
-And you're not just saying that? -No, of course we wouldn't. | 0:55:15 | 0:55:18 | |
The fun is in the business, isn't it? Working the business. | 0:55:18 | 0:55:21 | |
And you have your children coming along, working... | 0:55:21 | 0:55:23 | |
If you sell, you wouldn't know what to do. | 0:55:23 | 0:55:25 | |
Is not not knowing what to do. | 0:55:25 | 0:55:27 | |
The big issue for ethical businesses... | 0:55:27 | 0:55:30 | |
Well, hardly any of them have managed to fund their | 0:55:30 | 0:55:34 | |
businesses up to a reasonable size without losing their businesses. | 0:55:34 | 0:55:39 | |
The thing about our ideals is they are actually our ideals, | 0:55:41 | 0:55:45 | |
they're not something that we've just borrowed, | 0:55:45 | 0:55:48 | |
so therefore they stay constant. | 0:55:48 | 0:55:49 | |
For me, it's been an absolute honour to meet you | 0:55:54 | 0:55:57 | |
because it's quite nice to see successful people do well | 0:55:57 | 0:56:00 | |
but yet make such a difference. | 0:56:00 | 0:56:02 | |
-That's very kind of you, thank you. -Yes, thank you. | 0:56:02 | 0:56:05 | |
Mark and Mo's passion for their business | 0:56:07 | 0:56:09 | |
and unrelenting belief in their principles is refreshing. | 0:56:09 | 0:56:13 | |
Together, they've created a global brand from humble beginnings, | 0:56:13 | 0:56:17 | |
learning from a spectacular mistake. | 0:56:17 | 0:56:19 | |
To be successful, you do have to believe | 0:56:22 | 0:56:26 | |
in the most extreme circumstances, | 0:56:26 | 0:56:27 | |
you do have to believe in your product | 0:56:27 | 0:56:30 | |
and believe in the people around you and believe in your customers. | 0:56:30 | 0:56:35 | |
You just have to hang in there, even when you've got dreadful doubts. | 0:56:35 | 0:56:39 | |
The Constantines now know how to make money and how to hold on to it, | 0:56:41 | 0:56:44 | |
but they care about the people that work with them | 0:56:44 | 0:56:47 | |
and use what they earn to make a contribution to the wider world. | 0:56:47 | 0:56:52 | |
We do try hard to present an honest face and to... | 0:56:52 | 0:56:56 | |
What we say is what we do and so on, | 0:56:56 | 0:56:58 | |
but that should be normal, in my opinion. | 0:56:58 | 0:57:00 | |
Chris is relentless, determined and motivated by personal wealth. | 0:57:03 | 0:57:07 | |
I think you need an amazing focus and the focus | 0:57:07 | 0:57:10 | |
has got to be so strong, you could walk across the beam. | 0:57:10 | 0:57:13 | |
He's learned all he knows from his days as a market trader | 0:57:13 | 0:57:17 | |
and has scaled that model up to a massive size. | 0:57:17 | 0:57:20 | |
But I don't see Chris being satisfied | 0:57:20 | 0:57:23 | |
with what he's achieved any time soon. | 0:57:23 | 0:57:26 | |
You will need strength as a person because every day is not rosy. | 0:57:26 | 0:57:31 | |
And you would need drive. | 0:57:31 | 0:57:33 | |
I'm going to convert drive. | 0:57:33 | 0:57:34 | |
I would want to call it greed. You need greed. | 0:57:34 | 0:57:37 | |
And last but not least, you will need that thing called talent. | 0:57:37 | 0:57:40 | |
Chris and the Constantines' stories are both fascinating and inspiring. | 0:57:40 | 0:57:45 | |
They demonstrate that successful business models | 0:57:45 | 0:57:48 | |
are not shaped simply by profit and loss, | 0:57:48 | 0:57:50 | |
spreadsheets and sales, | 0:57:50 | 0:57:52 | |
but by ethics, ideals, perseverance and personality. | 0:57:52 | 0:57:57 | |
-'Next time...' How are you? -All right, mate, how are you? | 0:57:58 | 0:58:01 | |
'I'll meet multimillionaire plumber, Charlie Mullins, | 0:58:01 | 0:58:04 | |
'who has learned that to survive in business, you have to be tough.' | 0:58:04 | 0:58:08 | |
-Tell me when you're ready. -I'm ready, yeah. | 0:58:08 | 0:58:10 | |
So what happens if an employee doesn't adhere | 0:58:10 | 0:58:12 | |
-to something in this bible? -They go. -Really? -Yes. | 0:58:12 | 0:58:16 | |
Nice to see you. 'And Lord Karan Bilimoria, | 0:58:16 | 0:58:19 | |
'whose business journey has been far from easy.' | 0:58:19 | 0:58:22 | |
Was there a point where you ever felt this is too much? | 0:58:22 | 0:58:25 | |
Several times you feel it's too much, | 0:58:25 | 0:58:27 | |
but you never think of giving up. Never, ever. | 0:58:27 | 0:58:31 | |
Subtitles by Red Bee Media Ltd | 0:58:50 | 0:58:53 |