Journey To Build Billions Of Dollars Of Young British Businessmen

The property soared that in the past year helped Ben Francis reach the list of the richest young people in the UK of the Sunday Times in 2021.0: 00/4: 49 South Vietnam in the age of 19 Ben Francis established a company, then from CEO as he thought he was too young and to learn more. Now at the age of 29, he returned to the position of CEO with many ambitious plans.After less than a decade, Ben Francis young businessman became the main owner of Gymshark - Brand Clothing practice Global worth nearly 1.9 billion USD

. Enthusiastic passionate GYM into the idea of Million USDBen Francis born in 1992 - The founder of the largest shareholder and shareholders of Gymshark sports accessories and accessories. From 2018, Ben left the CEO position to become the CMO (Chief Marketing Officer - Marketing Director) of the company. But now, 6 years later, he returned to the leadership role and said the decision to resign It was best for the company
Ben Francis young people. Photo: TL.Ngay after taking over the CEO, the founder of Gymshark said: "The executive is not an appropriate role when I was less than 20 years old. Just because I started my business with a transmitter speed Very fast development doesn't mean I am a most capable executive at that time. "Gymshark's Gymshark online fitness and accessories has grown very quickly since Francis began to create a website to sell items Education, at that time he was a college student. The company's revenue has increased 10 times in the past 4 years, to £ 400 million (equivalent to US $ 550 million) this year, according to the annual financial statements of the company in July. Famymshark also increased closely Double the number of employees in the last 12 months, up to more than 800 employees. 6 years here, Francis resigned to CEO and assigned the executive director to Mr. Steve Hewitt - a former director of Reebok. "decided This decline really gave me a great opportunity to try in different areas of businesses, "young entrepreneurs Ben Francis shared
In that 6 years, Francis experienced many different roles from technology director, marketing director and product director. According to Francis, this helped him have time to fix their weaknesses Promoting strong points "no longer have to worry about failure", because he has been fully supported by Hewitt and President Paul Richardson. The ambition plan only returns to CEO in just 2 weeks But Francis had ambitious plans for business. Gymshark's product quickly creates a new fever. This brand's practice helps people wear more comfortable and confident, because it has good elasticity and no seams. Besides, the goods are sold exclusively online (not losing shops to store shops and salespeople) also helps more competitive prices than many rival brands. Of course, that's not Ly Due to the only successful Gymshark. First, Ben Francis was very smart when he did not make his brand saturated but always transformed. They often release limited editions and most of them sell very fast. Quality is still guaranteed, the difference is designed and motifs. In particular, once the item was "sold out" - ie sold out, they would not produce more. Share, many countries currently have their own sportswear brands, such as Lululemon In Canada, Nike and Under Armor in the US, or Adidas and Puma in Germany ... and he likes it. "I really think Gymshark can be his answer to such brands. But Doesn't mean he is our starting and ending place. We want to become a real global brand, "the 29-year-old CEO said and said he was inspired by other brands As a car firm Jaguar Land Rover. Approving the influence of celebrities on social networks creating success and dizzying growth in Gymshark. Photo: Gymshark. Besides, Francis knows how to take advantage of the power of social networks. In addition to the brand Instagram account, Ben Ben also has a personal Instagram page and the YouTube channel. Currently, their Instagram account has 5.3 million followers often introduce athletes or kols or customers using the product. Thanks, Gymshark has recorded a rare outstanding growth, when Bringing revenue from USD 500,000 in 2013 to US $ 52 million in 2017. By 2020, due to the influence of pandemic, Gym closed and everyone spends a lot of time to exercise at home more, luck Gymshark's continued blossoming. In 2018, Ben Francis was mentioned in the 30 Under 30 list of Forbes magazine. In 2020, Ben continued to be mentioned in The Sunday Times Profit Track 100 and was honored to be EY Entrepreneur of the Year (Starting businessman of the year). Last August, the company finished lowering a deal Investing with General Atlantic worth 1.45 billion USD. That helps Ben Francis become a millionaire itself, M

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