Name of Business: Mama P Cosmetics
Business Type: cosmetic store
Location: Bantama, Ghana
Paulina Sarpong proved that hard work and clear goal-setting know no age limit. After years of running her cosmetics business with passion but limited growth, she joined the Bantama Chapter of the Academy and embraced new business principles with determination. One particular principle stood out to her: the power of keeping good records. In the past, Paulina had relied mostly on memory and her own experience to guide her products. Armed with insights from this principle, she started keeping records of sales and purchases. This helped her to know which product sells most as well as knowing the products that attract more profit. She changed her strategy and applied a few other principles such as buying in bulk to transform her struggling shop into a thriving business.
Through her experience, Paulina learned that success comes not just from experience and effort, but from the willingness to set goals, keep records, and apply new knowledge.