Mark Constantine: Personal Issues Shape Character and All Founders Have Them
“The issues create the character. I really believe that very strongly. All of the founders have all got issues.”
Mark Constantine: Small grants to grassroots activists go much further
“Small sums of money in hands of dynamic people who really care goes a long way. So when we give money, when we give, you know, a thousand or 2000 or 5000 to a group that wants to achieve something, you know, maybe they want to stop fracking, or maybe they want…”
Mark Constantine: Lush has donated over £50M to charity
“I mean, we give huge sums in charity. I mean, we've given over fifty million pounds.”
Constantine: L'Oréal was the arch-enemy of cruelty-free cosmetics
“L'Oreal had always been the arch enemy because of testing on animals. They represented those who wished to test, body shop represented those that didn't wish to test.”
Constantine: Lush and Body Shop management bid £450M for Body Shop
“The management could raise about 360 million themselves to buy the body shop off of the strength of the body shop's figures. I could add my business to that and get up to about four 50, something like that.”
Lush caps founder share valuation at 5x average three-year profit
“So we came up with this scheme where we valued our shares at five times the average of the last three years profit, so that we capped it a little bit, But we only kept the greed and we still, that still enabled us to, if we want to build the business, we can b…”
Gordon Roddick called taking The Body Shop public his biggest mistake
“You know, they'd gone public, and Gordon Roddick says still today that that was the biggest mistake he made, because he was no longer in control of it, and things that he thought were important wasn't what the-”
Constantine: Lush received 1,000 business inquiries monthly early on
“We would get a thousand inquiries a month for people to do business with us.”
Constantine: Bankruptcy Left Him With £43,000 After Selling Home at Loss
“I bought it for 200,000 pounds. I sold it for a 100,000. I paid off all the loan sharks. I was left with 43,000 pounds, and I had three kids and no business.”
The Body Shop went public without owning its own product formulas
“They went public. They were now a listed company, but they didn't own the product they were selling. I owned it.”
Constantine: Lush's workplace standards regarding women came from Liz Bennett
“You know, when you look at Lush and people admire Lush for its values, especially the way women are treated and things like that, that's all Liz Bennett, Liz, that's, she married and her name became Bennett, Liz Weir, that's her.”
Constantine: Scaled cosmetics business to £500k turnover from home garage
“I think I'd got my business up to a half a million turnover by then. Out of my garage and out of the back of the house.”
Mark Constantine was The Body Shop's biggest early supplier
“I was their biggest supplier.”
Constantine: Awareness of mortality and finite time drives human achievement
“That's, if we didn't have that, we wouldn't be driven. We wouldn't do the things we do. You know, you have to have a clear understanding. Of a finite period of time. You have to have it.”
Constantine: Surviving from zero creates intense personal drive and self-reliance
“I think when you have to survive from zero, obviously there's more drive, isn't there? I mean I look at photos of myself in my early twenties, and I see this awfully driven person. I mean, Just driven. Absolutely driven. I think, I suppose, you know, if you, i…”