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Tuesday, October 28, 2014

Meet the former egg seller who makes millions by shining shoes


Lere Mgayiya spent five years working for South Africa Airways,He worked with livestock on his family's business. Now, his shoeshining business has 45 staff and turnover of more than 2.5 million rand.
 "We're the biggest shoe-shine company in Africa," he explains without sounding arrogant. "In Johannesburg we shine about 350 pairs of shoes a day, and about 120 pairs in Cape Town and another 120 in Durban." In total, Lere's Shoe Shine business has 45 employees across the three major airports, and the boss is now eyeing partnerships in America and UK, as well as expansion across Africa.
On this particularly day, Mgayiya, 40, is wearing Clarks -- black slip-ons.

 With annual revenue nearing 2.5 million rand ($227,000), his demeanor resembles his feet -- comfortable.
He has his eyes on Angola, Kenya and Nigeria for expansion, as well as partnerships in U.K. and America. His shine for business may have emerged from a number of failures, but this entrepreneur shows how smudges and setbacks shouldn't get in the way of success.

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