You're listening to a shares these podcast Who are you looking at when you're competing with because I guess if you're looking at where people shop now, it's all over the place. People might jump on and jump on Timur or something and get something extremely cheap and run through and that kind of thing. Are you worried about them? Are you worried about Ikea who are tuning up in this country later on this year? Or was sports Direct?
I think the I think the Teamurs and the Shines and those folks operate at a different end of the market that I operate in. They do meet other competitors in this country, but they don't meet me. But I'm more focused on the the costcos and the Ikia's.
Normally, when a competitor turns up new entrant, they throw a lot of money around to try and draw custom. That's got to be something you have to chew on and shore for sure.
But we've got people in their stores already. I know how they operate, i know what they sell, I know the propositions. I've got a lot of stores, and I've got a lot of stores right next door the stores where they think they're going to put foot jobs. It's fine, I've got to lift my game. People will go to
these places and experiment with them. I want people to go there and experiment a service level or quality of service that is lower than mine, to have a look at a range of product it's not even nearest significant as mine, to go into an environment that's not as comfortable as my environments. So does that mean I have to lift my game in some centers and in some brands. Yeah, it's okay, I'll do it.
You've still got a lot of energy. And I guess that comes back to the question that one of our listeners that in viewers that asked there what keeps you going.
I've been in the retail business since I was sixteen. I just happened to love the concept of buying something, selling something, buying plenty, selling plenty, having plenty of stores, having plenty of customers. It's a lot of fun building something from pretty much nothing into an organization that's really, really, really well respected and successful. And it's hard to give away something or move away from something if you gave birth to it. I have to tell you I'm in
a really, really, really fortunate position at the moment. I've got about three or four really really key people who have been here for a very long time, who are very, very very clever. And I'll tell you now, I don't get down in amongst the weeds as much as I used to. Well, because it's not my job anymore. My job is the mentor, who is to guide, to assist, to encourage. I try to be a different sort of manager these days than I was, because I'm past the
halfway mark. I'll concede you that, And so this is my legacy. I don't want this business to fail just because I go. That'd be a slight on me. You didn't do a job particularly well. You didn't train these people particularly well, you didn't encourage them enough, you didn't set the platform for success for them. Well, that's not what I want to do. Investing involves the risk you might lose the money you start with. We recommend talking to a licensed financial advisor.
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