SILVER CHEF SPREADS ITS CAUSE
Written on the 8 April 2016 by Laura Daquino
SILVER Chef (ASX: SIV) founder Allan English just knew his business model could pick up steam outside of the kitchen.
"It was around the mid-2000s and I went off wandering for a little while to try to find out what my next stage in life would be and wondering why I was trying to make more money," says English.
"I started going to jazz festivals, volunteering, giving more to charities. One proposal in particular came through about a charity where women could work themselves out of poverty, the concept of microfinance, where the loan goes to women in the village."
"Investors believed in the story and they backed us. The stock price at listing was around $1 and we had a market capitalisation of about $11 million. Now we're at around $300 million and $9 a share.
"I started looking at the world through a slightly different lens, finding my next purpose."
English borrows from philosophy to guide his business acumen, electing to study philosophy and the likes of Aristotle, Socrates and Plato one night a week for five years.
"I'm more of what they call an igniter foundation," he says.
"I try to find people of great potential and talent but are currently under-resourced, and get them to the next level up to do something fantastic. They can then take that to others as proof they have resonated already.