Since the Topic is Still Franchising, I want to share a local Hero to the Entrepreneurial world.
George Halamandaris opened the fiirst Steers restaurant in the 1960's.
His success story starts in when he and his family moved from Greece in the late 1950's to South Africa .
George didn't have a job and he had to find a need in Johannesburg where he could be of importance.
It came to mind that Johannesburg didn't have an American style steakhouse/restaurant.
George is a very hard worker and very determined. He opened the first Steers steakhouse in the 1960's.
After achieving a huge success with his steakhouse his son joined him in the 1970's.
Today there are more than 2 000 restaurants across South Africa. Steers went on to become on of South Africa's fasted growing fast-food chain. In 1999 a share cost 85 c and the market cap almost reached R 70 million.
This is actually amazing, but come to think about it...it took the Halamandaris family 37 years to reach this success. It is a lot of hard work and they need a much greater reward.
Nevertheless, well done George Halamandaris! You are indeed a visionary and an innovator. You saw a vision that is well accepted in the modern era, not really in the 1950's.
George is a real inspiration.
Please advise a lawyer and/or a financial adviser before purchasing into any business idea.
Corne
Saturday, September 29, 2012
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For many individuals they get to be able to buy into a proven achievements tale. If they become successful, they can buy more franchise sites and replicate their achievements.
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