Home » Business » Prof. Painfully honest: “I’m not proud of what the company looks like”

Prof. Painfully honest: “I’m not proud of what the company looks like”

“Business Class” is a new money.pl program available on YouTube. Editorial chief Łukasz Kijek talks to business people, current and former heads of the largest companies – about their lives, business, earnings and many other matters. The guest of the fifth episode was prof. Andrzej Blikle, the co-creator of the powerhouse A.Blikle confectionery brand, which has been present on the Polish confectionery market for over 150 years.

– There are currently partners in the company and all I can say is that I am not proud of the way the company looks – says Andrzej Blikle. What is the family’s influence on the company now? Watch the latest episode of “Business Class”.

See also: The margin on coffee is 1000% – it is not profitable to sell bad coffee – Andrzej Blikle – Business Class #5

Bittersweet words about changes in business

In the latest “Business Class”, the head of money.pl asked about the situation in the company today. – I will not sell the shares – declares prof. Blikle, who in this way wants to keep the promise he made to his father.

– Do you like what is sold under your name today? – Łukasz Kijek asked. – I don’t eat – answered prof. honestly. Blikle.

“Due to the correspondence addressed to me and opinions on company matters, I feel obliged to inform you that since December 2010 I no longer manage my family company, and since December 2012 the Blikle family has had no influence on the transformations taking place in the company” – the entrepreneur wrote in 2015 on his blog.

At the turn of 2012/13, a financial investor appeared in the confectionery shops – the Vertigo fund (through the Rubin company). “Vertigo Investments partners invested in A. Blikle in 2012 to, together with the Blikle family, implement an ambitious company growth program that will allow the company to reach an even larger number of consumers throughout Poland,” we read on the fund’s website.

How do you make money from donuts?

Professor Blikle in the latest “Business Class” he also talks about how and how much you can earn on donuts, confectionery and coffee.

We did they had an average margin of 3 percent, the donut had the highest profitability compared to other products – says the former president of the company.

– Our donuts were a premium product. They have always been small. In some confectioneries, a donut is a sweet roll, I don’t criticize it, because we had a completely different business model – he added.

According to our guest, success in this industry is determined by the quality and taste of the product, a well-known brand and, above all, location. – We always had a strategic challenge with donuts, because they sold the most. We never sold them the next day, if the product was left, it went to Monar. I had my own methods to estimate how much was missing, because then we lost the most – adds the professor.

Conversations with businessmen premieres every Sunday at 5 p.m.

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2023-11-19 16:02:21
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