Julian richer wife

Julian richer wife influential entrepreneur behind the Richer Sounds hi-fi and electronics business Julian Richer has been awarded an honorary degree by The Open University for his contribution to British business and society. Some of the charities he founded, along with wife Rosie, julian richer wife, provide support to a range of valuable causes: helping people affected by anti-social behaviour and those in desperate financial need.

The founder of Richer Sounds is handing control of the hi-fi and TV retail chain to staff, in a move that will also give employees large cash bonuses. I still really, really care but it is time for the next generation. The Employee Ownership Association EOA says more than businesses have now adopted the model, with at least 50 more preparing to follow suit. An unorthodox business figure, with his long hair and sideline as the drummer in funk band Ten Millennia, Richer is lauded for the success of Richer Sounds which he founded in at the age of His business philosophy, set out in his management book The Richer Way, champions providing secure, well-paid jobs with a happy workforce as being key to business success over the long term. Employee perks include access to company holiday homes around the world, including in European cities such as Paris, Venice and Barcelona. Richer will stay on as managing director for the time being.

Julian richer wife

Why can't all bosses be like Julian Richer? I'm not going to beat about the bush here: I think Julian is great. If I had to hold up someone as a role model for other wannabe tycoons to follow, the founder of the Richer Sounds hi-fi chain would be that person. Let me be clear: for all I know, he could be another Rev Paul Flowers, formerly of the Co-op Bank, and spend his dosh on crystal meth and crack. But if there are such horrors in his cupboard, I don't know what they are. So what earns him this accolade? The way he treats his staff, the fact that in surveys 95 per cent of them say they love working for him. Based in what property agents refer to as the "secondary" shopping streets — the tattier end — his shops, full of in-your-face Day-Glo posters, have won awards galore for their levels of service, and achieved sales unheard-of in the electronics industry. For years, his London Bridge branch could claim to have the highest sales density of any shop in the world. It was no surprise to hear Richer, 54, who still holds per cent of the company he started 35 years ago, explain this week how he has formed a trust for when he dies so that the business becomes a mutual, similar to John Lewis, under which every staff member receives an equal share, with the IT director, Julie Abraham, stepping up to managing director. That's how he is. He's often talked of the business surviving after he's gone, of putting a structure in place to ensure his methods continue.

The book sets out eight key principles, julian richer wife, but the lesson that Mr Richer drew from it was the overriding importance of treating both his customers and his employees well. Top Comment. Treasure in heaven and on earth?

Crammed into a small Salvation Army hall in central London, some employees were suspicious but later confessed they had anticipated some extra annual leave. The driven entrepreneur, who founded Richer Sounds in at the age of 19, can sometimes seem too good to be true. Over four decades he has championed providing secure, well-paid jobs because he believes a happy workforce is key to business success. His ongoing largesse, at a time when the use of zero-hours contracts would come to disrupt the labour market, has been rewarded with loyalty from staff who appear to worship him. At the conference employees reel off examples of the support he had given them through personal crises such as battles with cancer. Julian is an amazing person.

John McDonnell from the left and a plethora of Tory politicians concurred — and, quite frankly, I was a little embarrassed. I am a great fan of the film Life of Brian , where a little-known chap is going about his daily life in Judaea at the time of Christ. That week I knew how he felt. What had happened? I had sold my business into an employee-owned trust , or EOT. My wife and I were without kids to whom we could leave the business, and I was.

Julian richer wife

Jonathan Moules. Julian Richer had barely begun as an entrepreneur when he had to surrender ownership of his fledgling company, the British high-end audio equipment retailer Richer Sounds. The landlord was willing to sell the lease premium-free, but wanted a 74 per cent stake in Richer Sounds, partly, Mr Richer laments, because he lacked faith that a teenager could make a go of it. He opened that first Richer Sounds shop 41 years ago, and the success of the business — which now has 53 branches. The original store is listed as a Guinness World Record for having made the greatest sales in relation to its area of store space than any other retailer, a record dating back to This time, however, he was calling the shots.

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The model is said to allow companies to plan investment and growth over a longer horizon rather than having to satisfy the short-term demands of external shareholders. I would like to be emailed about offers, events and updates from The Independent. The trust will operate according to a set of principles designed to ensure it continues to follow the course set by Richer over the past 40 years. Reuse this content. Julian is an amazing person. The way he treats his staff, the fact that in surveys 95 per cent of them say they love working for him. It brings tears to my eyes even now. I want staff to stay with me and not go elsewhere. Married to Rosie since , Richer has many parallel and philanthropic interests. HE HAS set up numerous not-for-profit initiatives. For years, his London Bridge branch could claim to have the highest sales density of any shop in the world. Other stories Emergency help for tax-haven firms opposed by faith leaders. His message broke it down into simple language.

Crammed into a small Salvation Army hall in central London, some employees were suspicious but later confessed they had anticipated some extra annual leave. The driven entrepreneur, who founded Richer Sounds in at the age of 19, can sometimes seem too good to be true. Over four decades he has championed providing secure, well-paid jobs because he believes a happy workforce is key to business success.

Living in Love and Faith: What Church awaits us, ask ordinands. Start your Independent Premium subscription today. Other stories Emergency help for tax-haven firms opposed by faith leaders. Varied responses to Jay report on Church of England safeguarding. A committed Christian, he's never seriously thought of selling his business, of floating it on the stock market. An unorthodox business figure, with his long hair and sideline as the drummer in funk band Ten Millennia, Richer is lauded for the success of Richer Sounds which he founded in at the age of Profits also go to support local projects including sports and arts organisations. I'm not going to beat about the bush here: I think Julian is great. Reaching the age at which his father died led him to accelerate the handover timetable which was in his will. At the conference employees reel off examples of the support he had given them through personal crises such as battles with cancer.