A visionary entrepreneur will put a lens to his eyewear business at FUEL Manchester next week.
Sid Sethi is targeting £10 million revenue with Specscart, which has a fast-growing online business alongside its traditional showroom in Bury.
Key to its offer is a next-day delivery guarantee, compared with the 2-3 weeks the main eyewear chains can take to complete an order – which is what prompted Sethi to launch Specscart in the first place.
On Wednesday 28th October, he will speak on the breakfast panel at FUEL Manchester. You can sign up for free at the link below.
Register for breakfast panel & networking
The entrepreneur from Delhi, India, had come to The University of Manchester to complete his Masters and was busy revising for a key exam when disaster struck: three days before his corporate accounting exam his glasses broke, leaving him “as blind as a bat”.
As well as the long lead time, he was gobsmacked to be quoted prices between £150-£600. “At that time, an iPhone 6 cost the same amount of money!” he told me.
“When I looked beneath the surface, I realised that the industry was dominated by a small monopoly of companies.”
The Forbes 30-Under-30 alumni reverse-engineered machinery to make his production line infinitely more efficient – and says his workforce is like a family.
“I want to make Specscart into the world’s number one eyewear business – and I’ll die trying,” he insists.
FUEL Manchester is sponsored by GM Business Growth Hub, S&W and Nybble, with support from Bruntwood SciTech.