MARGARET HIRSCH
Executive Director of Hirsch’s Group, foodie & life enthusiast
Margaret Hirsch is the Executive Director of the Hirsch’s Group, the largest independently owned Appliance and Electronics retail outlet in Southern Africa that is now in its 45th year. She is already the enviable recipient of many international and local awards for her business, social and charitable work which has uplifted communities around the country. For many years, she has been heavily involved with Women and Youth Empowerment projects throughout Southern Africa. She personally visits schools around the country, motivating, encouraging and inspiring the youth. For several years she has been a main supporter of the Girls with Dignity project that has distributed reusable panty packs to schoolgirls in disadvantaged areas around the country. She recently started up a Safe Houses for Girls project in Gauteng and plans to roll out the concept in KZN and the Western Cape.
Margaret is passionate about women in business and entrepreneurship. She runs networking clubs at all her branches for Women In Business, encouraging mentorship programmes. Her door is always open to women who want advice on how to make their businesses grow.
www.margarethirsch.co.za
Read Margaret's Articles
by Margaret Hirsch
As the holidays approach, it’s easy to get swept up in the festive buzz, the shopping lists, and the year-end rush. But I’ve found that this time of year isn’t just about closing the books on another year—it’s about planting seeds for what’s to come. While we’re stringing up holiday lights, we should also be stringing together our plans and dreams for 2025. Let’s talk about how to finish this year with purpose and step into the new one with intention.
by Margaret Hirsch
As we approach the final weeks of 2024, now is the perfect time to reflect on the year so far, assess how far we've come, and set our sights on finishing strong. But as we look ahead, we must also think about how to position ourselves for success in 2025. After all, you can’t hit a target you can’t see.
by Margaret Hirsch
In retail, we all know that challenges are part of the journey—whether it’s an economic downturn, shifting consumer habits, or global disruptions. But what sets successful retailers apart isn’t avoiding tough times—it’s how we respond to them. I’ve always believed that the challenges we face are not roadblocks but opportunities for growth, innovation, and comebacks.
by Margaret Hirsch
Burnout is now a buzzword but what is it actually? My philosophy is that if you love what you do, you will never work another day in your life and you will never have burnout. Burnout to me is not being able to cope with your workload. Why don’t people cope?
by Margaret Hirsch
My boss is 27, why is that so strange? Mostly because I am 74 and have been my own boss for the past 45 years. What made me do this, the law! I qualified as a Realtor in Florida but the law states that you have to work for a broker for two years before you can start your own business. I thought I would battle to get a job but to my surprise I have been offered over 250 jobs! That was really amazing. I didn’t even have to go for the interview, I would have the job if I wanted it. After sifting through most of the offers, I narrowed it down to 3, the biggest company in the USA, a boutique smaller company and then a brand-new company run by a 27 year old.
by Margaret Hirsch
Most people go to Business School first and then go into business. I did it the other way around. There was no money to pay for any tertiary education, so I went straight to work and then I went into business not knowing anything about business or how it worked. I always tell people I attended the school of hard knocks!! Remember, in the words of the great Rocky, ‘It’s not how many times you get knocked over, it’s how many times you just keep getting up!’ However, once I made it and made my fortune, I went back to school and did my Business Degree, my Honours, and ultimately my MBA which I received the year I turned 70.
by Margaret Hirsch
As many of you know my goal in life is to ensure that every woman, especially every African woman is financially independent. A financially independent woman has choices. She has money in the bank, she can live where she wants, she can drive the car she wants to drive, he can educate her children and, she can please herself. There is a old saying: "If you please yourself, at least you are pleasing someone.”
by Margaret Hirsch
Are you stuck in a job that pays well, puts a roof over your head and food on the table, but secretly, deep down, you really wish you could be doing something else?Something that would really fill your cup. I had this conversation with a friend recently. She has just turned 40 and is in a really good, well-paying job. She is top of her game but just feels that there is more out there. That’s exactly how I felt a few years ago and so I decided to make a change.
by Margaret Hirsch
I have to say that I have had an ongoing affair with Google since I first discovered it. In business today, we need all the help we can get, and staying ahead of the curve is not just an advantage – it’s a necessity!! Connecting with your audience is the name of the game- it’s like having a dinner party, cooking the food, laying the table, and not inviting any guests! How do you get those guests (customers) into your store?
by Margaret Hirsch
Everything we do is geared towards being happy and feeling good about ourselves - however in life sh*t happens, life hacks you down and your job is to get up, dust yourself off and do whatever you need to do to feel good again. Some people exercise, some drink, some go shopping, some just curl up and stay in bed- what do you do when you don’t feel good about yourself?
by Margaret Hirsch
My mother was English and throughout my life my conversations with her have always been peppered with sayings and idioms. My favourite saying is one by Albert Einstein which says "Your imagination is the preview to coming attractions” and this is so true in your life. This quote emphasises the profound significance of imagination in our lives. Imagination is more than just idle daydreaming; it is the catalyst for innovation and progress. It allows us to envision possibilities that do not yet exist and serves as a plan for creating the future.
by Margaret Hirsch
The way to conquer any fear of change is to display an open-mindedness to new ideas and desires in your life. To get ahead one has to demonstrate a willingness to do things differently from everyone else and this in itself is a challenge as it’s so much easier to go with the flow - to fit in - to be one of the sheep.
by Margaret Hirsch
No one has ever taken selling as a subject at school, yet over 90% of all business involves selling of one kind or another. When you hear the word salesman what usually comes to mind is a slick looking, fast talking, slimy person who is trying to take your hard-earned money from you. Well today and especially at Hirsch's Homestore, nothing could be further from the truth. Our salespeople are very kind, considerate people and they are known as "professional solution finders.” All day is spent finding solutions to other people’s problems. Be it from the perfect piece of toast for breakfast, to the most cost-efficient washing machine for a family of two, or ten; to the latest fridge/freezers which actually send you a message when your food is about to expire or run out! We have to know the model numbers, the features and benefits and of course the prices!
by Margaret Hirsch
The quote by Elinor Roosevelt goes: “Great minds discuss ideas, average minds discuss events, and small minds discuss people.” Once you know this you can stop yourself being pulled into the conversations discussing other people - they are not worthy of your time. Events also come and go but discussing ideas, now that’s not only thought provoking but can be mind-blowing.
by Margaret Hirsch
The only thing holding you back from living the life of your dreams is FEAR. Now fear comes in many different forms. I always tell my team members that it can either be:
False Evidence Appearing Real … or… Forget Everything And Run
by Margaret Hirsch
Collaboration is the name of the game! The old African saying “If you want to go fast go alone. If you want to go far go together,” it is so true, in business as well. I see so many startups who go really fast and then fail.
by Margaret Hirsch
As traditional offices evolve into virtual workspaces, the impact of working from home on individuals is undeniable. We were forced into this during Covid and suddenly Zoom became a household word and we were able to continue working from home which felt really strange initially - but it was so super to be able to go to the loo without walking across a busy shop and to make a cup of tea when you felt like it and not wait for the “tea lady” to bring it to you at 10am and 3 pm!
by Margaret Hirsch
As you know I am a huge advocate for family businesses. Where do they start? Well with a couple getting married and one or both deciding that they want out of the usual routine of working for someone else and making a living, they decide they want to work for themselves and make a fortune.
by Margaret Hirsch
As we celebrate Women’s Day this week, I thought I would devote this to all of you wonderful women out there. My favourite story of all time - the first part happy - the second part sad. Our job as women is to change this narrative!
by Margaret Hirsch
When starting a new job or career very few people think of themselves as leaders and I was one of these. For a while I was happy to be a follower, but as I progressed in companies I always took the initiative, went the extra mile, and was very soon frustrated by the red tape and protocol of corporate companies.
by Margaret Hirsch
It’s always been amazing to me that I have lived in this body for so many years, and had never thought about myself, my journey, or my personal growth. I think that growing up in a poor household we were focused on keeping body and soul together and the next meal became the most important thing that we could focus on.
by Margaret Hirsch
“You have to be in it to win it!” The saying came from a discussion with a person who always wondered why they didn’t win the lottery and every week they would complain that other people won something and they didn’t until eventually one day someone said to them, “well if you want to win the lottery, the first thing you must do is buy a ticket”.
by Margaret Hirsch
You spend your whole life building up your business and getting everything going and then you must quit while you are ahead. This is one of the most difficult tasks you will ever have to do. It’s something that nothing can prepare you for.
by Margaret Hirsch
When one is starting a business, the word on everyone’s lips is FUNDING, “I need funding for this that and the next thing”, but what they forget about is not only MARKETING which is the most important thing of all but ACCESS TO MARKETS to ensure that their business is not only successful but more importantly sustainable.
by Margaret Hirsch
Being brought up in a strict Baptist home, we had very strong principles to live by. However, we were taught to look down on anyone who remotely thought they were good enough! As a child I was told that children should be seen and not heard, that I should only speak when spoken to, and if I did something that went against the grain, I was told to be ashamed of myself - AND I WAS! If I said anything out of place, I had a harsh - WHO DO YOU THINK YOU ARE? thrown my way.
by Margaret Hirsch
My mother came from a reasonably middle to upper class family where she had been brought up with everything she needed. She had married the boy next door, and they had moved to the old Rhodesia where they went to seek their fortune. They had two children, myself - and my brother five years later - and everything was perfect. My mother was living her dream, playing tennis at the country club and socialising over weekends and being the proverbial housewife. My father’s sudden death was devastating to her! She was quickly swindled out of the pension money she had been left and found herself having to cope with two children, no job and no money and she was only in her mid 30’s.
As we approach the new year, I find myself reflecting on the challenges and triumphs of the past and the opportunities that lie ahead. Each year, I choose a guiding word that encapsulates my focus and intention for the months to come. For 2025, my word is collaboration.