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Concept One Accessories

Licensed fashion accessories

"Early on we invested the highest level of executive talent we could find. We hired top-notch management before we brought in support staff. Most of our original management team is still here today."

"The realization of a vision which was established at the outset of this venture"

"Do what you say."

"When we exhibited our products at the MAGIC trade show in Las Vegas and 20 apparel companies approached us to license their brand."

Success Secret | What Is Success?
| Best Advice | Tipping Point

Friends & family	Venture capital
Bank loan	Private investors
Line of credit	Credit cards
Savings/personal funds

Health insurance	Flextime
Life insurance	Company car
Telecommuting	401(K)
Tuition reimbursement	Stock options

Company Details

Location: New York, NY
Founders: Sam Hafif, 40, Bernie Hafif, 33

Website: http://www.concept1.com

Year Started: December 1999

Initial Investment: $100,000

Turned a Profit: 2000

First Million: 2001

2007 Sales: $71.5 million

Number of Employees:

Day 1: 2

2007: 140

2008: 160*

* Projected by 2009

Company Background

Concept One is the premier resource for licensed fashion, sports, and entertainment accessories. Our integrated portfolio contains an unprecedented offering--creating the ultimate go-to resource for men, women and children's licensed accessory products.

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