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YCEO - ISSUE 6

This is the 6th Edition of Young CEO Monthly, the magazine that aims to bring young known and especially un-known business owners to the attention of the public.

This is the 6th Edition of Young CEO Monthly, the magazine that aims to bring young known and especially un-known business owners to the attention of the public.

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CEOMONTHLY<br />

1<br />

<strong>ISSUE</strong> 6 | FREE<br />

Y O U N G<br />

The Sister’s Wardrobe<br />

INTERVIEW WITH<br />

Victoria Azubuike & Chanel Noye


EDITORIAL<br />

editor@youngceomonthly.com<br />

Produced by:<br />

CEO Monthly Publications<br />

Design:<br />

GB Designs<br />

Welcome to the 6th Edition<br />

of Young CEO Monthly, the<br />

magazine that aims to bring<br />

young known and especially un-known<br />

business owners from the age of 16-30 to<br />

the attention of the public.<br />

Foreword<br />

3<br />

ADVERTISING<br />

ads@youngceomonthly.com<br />

I hope that you had a fantastic summer break with<br />

your family, friends or maybe just yourself and now are<br />

refreshed to go and achieve the 2015 goals that are<br />

still pending.<br />

Talking about making goals a reality, in this month’s<br />

edition we would like to introduce you to a young<br />

ladies team who through hard work have brought their<br />

dream of setting up and running their own fashion<br />

business to life.<br />

Young CEO Monthly is<br />

published by CEO Monthly<br />

Publications.<br />

Opinions and views expressed<br />

do not necessarily reflect<br />

CEOMP policy. CEOMP<br />

accepts no responsibilty<br />

for views expressed by<br />

contributors.<br />

Advertisements and reader<br />

offers are not endorsed by<br />

CEOMP.<br />

We hope that their story will inspire you to go on an<br />

entrepreneurial journey and above all you’ll share it<br />

with your colleagues, friends and family.<br />

George Boateng<br />

Editor<br />

Quote of the Month<br />

“Don’t be afraid to give up the good to go for the great.”<br />

John D. Rockefeller<br />

To be featured in our Magazine<br />

© All rights reserved.<br />

Reproduction in whole or part<br />

without written permission is<br />

strictly prohobited. Colour<br />

transperecies, manuscripts<br />

or disks submitted to the<br />

magazine are sent at owner’s<br />

risk; neither CEO Monthly<br />

Publications nor its agents<br />

accept any responsibility<br />

for loss or damage.<br />

Unsolicited material shoud be<br />

accomapnied by a stamped<br />

self-addressed enevelope.<br />

Send an email to info@youngceomonthly.com for more info<br />

Content<br />

Page 3 – Foreword<br />

Page 4 – Cover Story<br />

Page 8 – Business Advice of the Month<br />

Page 9 – CEO/Company Profile<br />

Page 10 – Classifieds<br />

Page11 – Reflections


4 Cover Story<br />

The Sister’s Wardrobe<br />

Chanel Noye (16) & Victoria Azubuike (18)<br />

What inspired you to start your business<br />

and when did you start it?<br />

Victoria: From the age of 11, I operated a<br />

weekly Saturday cake stall with my sisters<br />

on my estate in Islington. As the eldest<br />

sibling, I took the lead role and used my<br />

initiative to ensure we maximised profit,<br />

by monitoring sales of each item and<br />

adjusting prices in response to demand. I<br />

developed my planning and organisational<br />

skills, and my ability to mentor others from<br />

here I became interested in Business and<br />

I’ve always wanted to be my own boss.<br />

Chanel: Seeing the success and<br />

accomplishments of celebrities like Bill<br />

Gates really did inspire me. However, I<br />

formed part of my inspiration as I started<br />

thinking outside the box. I asked myself<br />

‘do you really have to wait till you finish<br />

your degree before getting a professional<br />

job? Is there advantages to owning a<br />

business at a young age?’ Then I started<br />

telling myself ‘’I’m different, so let me<br />

show the world my differences’’. I can be<br />

young but age won’t stop me from having<br />

a business mentality. So, when I was 15, I<br />

decided (along with my partner Victoria),<br />

to build upon this company and change<br />

the mind set of people about the young<br />

generation. To see that we are not all the<br />

same but have our own uniqueness and<br />

we help create benefits for present and<br />

future times to come.<br />

What was your background before starting<br />

your business(s)?<br />

Victoria: The Sister’s Wardrobe has been<br />

up and running now for over two years<br />

and before it I had just finished my GCSEs<br />

and was just going to start my A-Levels in<br />

Maths, Economics, Chemistry and Religious<br />

Studies.<br />

Chanel: Before I began my journey, I had<br />

just returned from Ghana where I have<br />

been staying there with my father for two<br />

years to have an experience of the African<br />

culture. I then came to the UK to continue<br />

my education where I chose my GCSEs<br />

subjects Geography, Music, Additional<br />

Science and Product Design along with<br />

the core subjects.<br />

What do you find to be the best thing about<br />

the industry your business is in?<br />

Victoria: One of the best things about the


5<br />

Fashion Industry is that all the time there<br />

are new trends evolving which works well<br />

with The Sister’s Wardrobe. It allows to<br />

find new ways of advertising and selling<br />

our goods attracting new consumers we<br />

may have missed. For example, last winter<br />

there was an increase in the demand<br />

for scarves but especially for our Tartan<br />

designs as this was what was a must have<br />

during the chilly days.<br />

“<br />

I really do like competing<br />

with myself, I would say I have<br />

a ‘never quitter’ mentality<br />

meaning I don’t like doing things<br />

until they‘re truly at the best of<br />

my ability.<br />

- Victoria Azubuike<br />

”<br />

Chanel: One good thing I find best about<br />

the Fashion Industry is that we get to see<br />

the missing piece and how The Sisters<br />

Wardrobe is able to fill in that missing<br />

piece. Our aim is to stand out so we observe<br />

other fashion businesses and see how they<br />

continuously run things and how things are<br />

scheduled. We go by the rules set in the<br />

fashion industry, but we follow different<br />

procedures than any other company. As a<br />

wise man said ‘’if you continuously do the<br />

same thing over and over again, you will<br />

never see a difference’’. This is how we<br />

breakthrough!<br />

do. This is why we use many social media<br />

networks from Facebook and Instagram to<br />

our very own Fashion Blog. By using these<br />

resources it allows us to reach different<br />

target audience we may if struggled to<br />

get.<br />

3) Quality<br />

From our products to our adverts we<br />

believe the quality which we deliver must<br />

be to the best of our standards. As young<br />

people running a business if we really<br />

want consumers and investors to take us<br />

seriously to work must be produced at a<br />

professional level. This includes its material,<br />

how we manufacture the products<br />

and the durability. This is the same with<br />

anything when you believe in what you<br />

do you don’t just do anything anyhow but<br />

instead you’re constantly pushing yourself<br />

to produce the best and not settling for<br />

anything. This is because, quality is very<br />

vital and the aim is to make our viewers<br />

elative and continuously engaging in our<br />

updates. In addition, when there is quality<br />

this also helps us to avoid any refunds<br />

or complaints that can pull down the<br />

marketing process.<br />

What three areas do you focus most on in<br />

your business?<br />

1) Consumer Service<br />

In the past there has been times where I<br />

didn’t take consumer feedback on board<br />

and as I result problems occurred which<br />

could have been avoided. When you take<br />

time to understand the consumer not only<br />

does your reputation improve but more<br />

importantly you’re able to improve your<br />

interpersonal skills including the ability<br />

to listen effectively to others. This is what<br />

builds long lasting relationships and will<br />

keep consumers coming back.<br />

2) Public Awareness<br />

As a small Business we believe that Public<br />

Awareness is the key in letting people<br />

understand who we are and what we<br />

What is your work ethic like?<br />

Victoria: I really do like competing with<br />

myself, I would say I have a ‘never quitter’<br />

mentality meaning I don’t like doing things<br />

until they‘re truly at the best of my ability.<br />

From time to time you properly find me<br />

looking at different blogs and websites<br />

which are doing better than ours and<br />

looking at ways on how we can improve<br />

The Sister’s Wardrobe. Looking at what


6<br />

they do that works and adopting this to<br />

TSW. In addition, I think an really important<br />

thing when running a business is to learn to<br />

take on criticisms in order to move to the<br />

next level. I had friends telling me things<br />

I really didn’t want to hear about TSW<br />

however, these same pieces of advices<br />

are the roots of the improvements in the<br />

business.<br />

Chanel: When it comes to work ethic, I<br />

love getting the job done and getting it<br />

right. I am someone that uses originality<br />

and creativity in any idea I come across<br />

because, I allows TSW to stand out<br />

from other businesses doing what we<br />

do. ‘Tenacious’ spells the name of the<br />

company as I never give up when one<br />

idea does not work out. In this way we<br />

become stronger, bolder and wiser.<br />

How did you fund your start-up?<br />

Victoria: I didn’t have much to start-up<br />

the business but as the passion was there<br />

I knew it was possible to make this dream<br />

become a reality. So I decided to hit the<br />

streets and do the same thing I would do if<br />

I needed cash... Sell Cakes. I made around<br />

£60 and from there it was TSW time to take<br />

off… I guess another important thing I<br />

believe is that sometimes when you have<br />

an idea it’s better to just get out there and<br />

learn from your mistakes and just keep on<br />

learning.<br />

Chanel: It’s quiet interesting how larger<br />

companies started from small backgrounds.<br />

Before I joined to run The Sisters Wardrobe,<br />

my partner Victoria would sell cupcakes<br />

on the street and it gradually grew from<br />

there. I’m telling you it wasn’t’ easy but it<br />

will be worth it in the long run. One thing<br />

we take into consideration is that we<br />

should never accept life as it is.<br />

If an investor wanted to invest in your<br />

business what would they be investing in?<br />

The Sister’s Wardrobe is very new to the<br />

fashion industry meaning we are all about<br />

new ideas to help us grow and develop.<br />

We really strive on making things possible<br />

with the resources we have. TSW is definitely<br />

a business which one can trust that has the<br />

consumer at the heart of it and our team<br />

works hard to do the best we can in order<br />

to exceed the expectations of our clients.<br />

Lastly, one will be investing in a business<br />

with a team who is ready to take on new<br />

challenges to make sure things are done<br />

effectively to be the best!<br />

What would you consider your main<br />

achievement so far in your business and<br />

personal life?<br />

Victoria: I think one of the main<br />

achievements from The Sister’s Wardrobe<br />

is doing something which most 18 years<br />

aren’t doing. I believe having a business<br />

allows you to grow as a person for example<br />

the values of resilience and to always<br />

persist through hardships have really been<br />

established in me. As there have been<br />

times when I have planned competitions<br />

and the results I wanted to see didn’t<br />

happen but, you learn just to keep going<br />

and focus on the bigger goal.<br />

Chanel: The advance in brainstorming<br />

ideas has to be the main achievement so<br />

far we have started to host competitions to<br />

enlarge the number of consumers viewing<br />

our social media outlets and other links.<br />

Personally, I believe I have achieved in<br />

so many ways as to being confident and<br />

having an optimistic mind about things. The<br />

best part is that I look past the obstacles<br />

and focus on my destination. What helps<br />

me to do that is to always remind myself<br />

why I joined Victoria in this new adventure.<br />

Where do you see yourself and your<br />

business in 10 years’ time?


7<br />

Victoria: By this time I would love to have<br />

a wider team being part of the growth of<br />

The Sister’s Wardrobe I would love to open<br />

a store in London and also abroad. Apart<br />

from The Sister’s Wardrobe I would love<br />

to pursuit a career in finance either as a<br />

Management Consultant or a Broker.<br />

Chanel: Ten years’ time, I’ll be sitting<br />

behind a desk, running The Sister’s<br />

Wardrobe along with a larger team, who<br />

share the same goal as us. I would love for<br />

us to have branches global as, I do love<br />

to travel. I also see TSW creating their own<br />

magazine and receiving nominees and<br />

awards. This is the vision.<br />

What is your #1 advice to another young<br />

person thinking about starting their own<br />

business?<br />

there have been many while running The<br />

Sister’s Wardrobe which has really been a<br />

struggle. Where the thoughts of quitting<br />

pop into your head but, I believe these<br />

are the times you’ll remember the most.<br />

In addition, when the hard times come<br />

(because they will) it’s so important to<br />

keep your eyes on the bigger picture<br />

and remember why you started in the first<br />

place!<br />

Chanel: One thing I’ll say is when you<br />

have the passion go for it, go get it! Never<br />

limit yourself. You’re able to do marvellous<br />

things when you put your mind to it. A key<br />

point concerning this is to be consistent<br />

and not allow peers or any kind of people<br />

in your life to influence you that you are not<br />

worth it and you can never be successful.<br />

Just take their words into mind, smile, and<br />

say ‘’Watch me’’.<br />

Victoria: Be prepare for the hard times;<br />

TheSisWardrobe_<br />

The Sister’s Wardrobe


8 Business Advice of the Month<br />

There’s no reward<br />

without risk.<br />

by Steve Tobak | Author and Managing Partner, Invisor Consulting<br />

“Everyone calls herself an entrepreneur these days, but if you’re not<br />

risking anything, you’re no entrepreneur. If you want to be successful<br />

on your own, at some point, you have to cut the cord. If there were<br />

an easier or safer way, everyone would do it. I’m telling you, there<br />

isn’t.<br />

Truth is, entrepreneurship isn’t really a “dip your toe in the water<br />

and see how it feels” sort of endeavor. If you’re not willing to go all<br />

in, you might consider getting a real job. But if you think you’ve got<br />

what it takes, these are pretty fundamental concepts you should<br />

strive to understand and embrace.”


Business / CEO Profile 9<br />

A man determined to restore engineering<br />

and technical innovation to high esteem<br />

in British society<br />

Sir James Dyson, (born May 2, 1947, Cromer, Norfolk, Eng.)<br />

is a British inventor, industrial designer, and entrepreneur<br />

who successfully manufactured innovative household<br />

appliances and became a determined campaigner to<br />

restore engineering and technical innovation to high<br />

esteem in British society.<br />

Dyson attended the Gresham’s schools in rural Holt, North<br />

Norfolk. After graduation he went to London, where he<br />

attended the Byam Shaw School of Art for a year (1965–66)<br />

before studying furniture and interior design at the Royal<br />

College of Art (1966–70). In 1974 Dyson founded his own<br />

company to produce the Ballbarrow, a plastic wheelbarrow-like bin that rolled<br />

on a load-spreading ball instead of a narrow wheel.<br />

In 1978 Dyson, having grown impatient with clogged air filters in his Ballbarrow<br />

factory, built a cyclone particle collector similar to devices used in larger<br />

industrial plants, such as sawmills. He worked for the next five years, testing more<br />

than 5,000 prototypes, before he produced a satisfactory model that swirled<br />

incoming dirty air around a cylindrical container, where the dust was separated<br />

by centrifugal force and settled by gravity while the purified air escaped out<br />

the top. Makers of traditional bag-type vacuum cleaners showed no interest in<br />

Dyson’s bagless device, arousing in him a lasting antipathy toward conventional<br />

businesses. He sold the cleaner, known as the G-Force, to a company in Japan,<br />

where it became a commercial success and won a design prize in 1991. In 1993<br />

Dyson opened a plant in North Wiltshire, and within two years his Dual Cyclone<br />

model became the top-selling vacuum cleaner in Britain. Dyson’s elegant and<br />

practical appliances went on to win many design awards and were exhibited in<br />

art and design museums around the world. He followed up the vacuum cleaner<br />

line with other products.<br />

Dyson’s design and commercial success lent authority to his quest to revive the<br />

spirit of invention in Britain. In 1997 he published Against the Odds (cowritten<br />

with Giles Coren), an autobiographical account of his persistence in the face<br />

of discouragement. The following year he was made a Commander of the<br />

Order of the British Empire. In 2002 the James Dyson Foundation was established<br />

with the aim of encouraging young people to enter engineering through the<br />

awarding of prizes and grants. In 2009 the Conservative Party invited Dyson to<br />

propose policies to encourage innovation, and he replied in March 2010 with<br />

Ingenious Britain: Making the UK the Leading High Tech Exporter in Europe, a<br />

report that suggested, among other ideas, more freedom for universities to<br />

design unconventional engineering curricula and more collaboration between<br />

universities and technology companies.<br />

Dyson’s weatlh today stands at £3.2 Million | $5 Billion | €4.4 Billion. (Forbes)<br />

Adapted from britannica.com


10 Classified<br />

Your business<br />

could be here!<br />

Email us today via<br />

ads@youngceomonthly.com<br />

to advertise with us.<br />

To advertise in our magazine email ads@youngceomonthly.com


Thoughts on Entitlement<br />

Time To Reflect<br />

11<br />

by Victor Azubuike | pensivevictor.blogspot.com<br />

Recently a lot of the thoughts coming across my mind<br />

have been surrounding the idea of entitlement.<br />

The dictionary defines entitlement as the fact/belief<br />

of inherently having a right to something. Through my<br />

experiences and general reading I’ve come to the<br />

conclusion that what is paramount to our achievements<br />

and successes is not necessarily our circumstances<br />

(although I will be lying if they don’t play a role) but rather<br />

the mentality of entitlement we have in regards to a goal<br />

we decide to set for ourselves.<br />

There are countless examples in history, where a feeling of injustice<br />

based on entitlement has brought about a significant change – from the uprising on the<br />

streets of Paris in the eighteenth century to the organised marches in the southern states of<br />

the USA in the 1960s the manifestation of entitlement driven by indignation and hope, has<br />

not ceased to set the wheels of reform into motion. What sparked the Civil Rights Movement<br />

was the indignation of African Americans at the fact that the equality they were promised<br />

through the US Constitution, the Emancipation Proclamation and the Reconstruction<br />

Amendments was being denied to them on a systematic basis.<br />

“We hold these truths to be self-evident, that all men are created equal, that they are<br />

endowed by their Creator with certain unalienable Rights” – United States Declaration of<br />

Independence<br />

They were entitled by the law of the United States of America to equality but for one reason<br />

or another were being denied these rights. Let’s delve a bit deeper into this matter.<br />

Entitlement is something that we need to make sure that we develop and incorporate<br />

carefully into our lives. An excerpt of Outliers; The Story of Success cites;<br />

“That word (Entitlement) has negative connotations these days. But Lareau means it in<br />

the best sense of the term: “They acted as though they had a right to pursue their own<br />

individual preferences and to actively manage interactions in institutional settings. They<br />

appeared comfortable in those settings; they were open to sharing information and<br />

asking for attention … It was a common practice among middle-class children to shift their<br />

interactions to suit their preferences.” They knew the rules. “Even in fourth grade, middleclass<br />

children appeared to be acting on their own behalf to gain advantages. They made<br />

special requests of teachers and doctors to adjust procedures to accommodate their<br />

desires”.<br />

I think we should all realize that we are entitled to succeed, be healthy and to find happiness.

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