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10 Things you should know about Albe Geldenhuys
Albe Geldenhuys is widely known as the founder of USN. Here are 10 Things you should know about Albe Geldenhuys.
- Albe Geldenhuys, South African Fitness Expert & Entrepreneur.
- He went from Zero to R1 Billion.
- Albé Geldenhuys is the CEO and Founder of Ultimate Sports Nutrition (USN).
- When he founded USN in 1999, he wanted to fill a gap in the sports supplements market while developing a business that was flatly structured and cost effective.
- Even though it sounds like an America product, USN was launched from a small flat in Pretoria, where Albe Geldenhuys’ girlfriend mixed creatin formulations with a hand-cracked washing machine.
- His strategy made sense to him at the time, however, without a background in business, he admits he made a series of early errors that compromised the business later on.
- At first he was not even thinking about launching a product line or even a business.
- He just wanted to be out there, selling product and making a profit.
- When he started experiencing enormous periods of growth, he began to set unrealistic ambitions for the company, such as aiming to double turnover every month.
- Currently, USN has seen turnover increase to €62.8 million, with operations expanding into the US, the UK, India, Russia and Australia.