Michelle Mone Interview – Michelle Mone’s Top 10 Rules For Success (@MichelleMone)
She's a British entrepreneur.
She founded the lingerie company Ultimo holding a 20% stake, and she is 100% owner of fake-tanning brand UTan.
She has an estimated net worth of $60 million.
She's Michelle Mone and here are her Top 10 Rules for Success.
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1. You are in charge of your life
She grew up in Glasgow's East End. She left school at 15 to become a model, but it came to an end after she became pregnant with her first child and married.
2. Never think in negative ways
She strived to return to employment and obtained a marketing job with the Labatt brewing company. Within two years she had risen to become its head of marketing in Scotland.
3. Do something that makes you tick
After revealing that she had embellished the qualifications on her CV in order to get the job, she was made redundant by Labatt prompting Mone to set up her own business.
4. Treat people the way you want to be treated
While wearing a very uncomfortable cleavage enhancing bra at a dinner dance, Mone realised she could improve the design.
5. #Believe in yourself
Her stated aims were to create a brassière that was both more comfortable and better looking, whilst enhancing more cleavage.
6. Look for your own opportunities
Mone had read about a new silicone product while on holiday in Florida, and approached the company to obtain its European licence to produce bras.
7. Help others
In November 1996 she founded MJM International with her husband, and three years of research, design, and development resulted in the Ultimo bra.
8. Create a to-do list
Following the breakdown of her relationship with her husband, Mone left the company briefly in 2013. She then bought her husband out of MJM International, leaving both Mone and MJM International with considerable debts.
9. Make a difference for your customers
In November 2014, Mone sold down her stake in Ultimo Brands International to 20% to partner MAS Holdings, and established the fake-tan company UTan.
10. Have a dream
Mone is now to lead a government review into entrepreneurship and small businesses, particularly focusing upon setting up small businesses in deprived areas.
I would love to know about Michelle Mone
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