Bolder Watch LLC Introduces its First Chrono Collection; Up to 100% of Profits Going to Charity.
DALLAS, March 6, 2018 /PRNewswire/ — Bolder Watch, LLC launches its first watch collection and announces a unique company philosophy that is expected to raise the bar on Social Entrepreneurship. Their model is setup to give away up to 100% of its profits to charitable causes in the United States and around the world.
While their watch designs are beautiful enough to capture the attention of watch aficionados and collectors alike, their unique approach to distributing profits may just start a new trend. And we sure hope so. The charity aspect is central to how they have structured the business model and is an integral part of the fabric of this company. Their long term goal is to have a significant financial impact on the lives of the less fortunate in the United States and around the world.
So, how does it work? “The model is very simple,” Salman Ausaf the CEO of Bolder Watch LLC explains, “why not change the game by allowing the customer to choose how much of the profit goes to charity. This has never been done before and we thought it would be an amazing social experiment.”
Skeptics of their company philosophy have questioned their profit distribution model by asking how the company can survive if everyone opts to give 100% of the profit to charity.
“That is an excellent question,” Mr. Ausaf is always happy to answer, “Just like any well-run company, when we take out the cost of manufacturing and conservative lights-on costs, we end up with an average profit for each watch. Then we take the percentage that each customer allocated to their purchase and pass it on to the organizations that we work with. And what is most amazing is that every customer leaves something on the table for us to realize future products.”
Make no mistake, the company is not a non-profit organization. It is structured as a for-profit organization to ensure the company stays viable for the long term and thus creating a long lasting sustainable model.
You can purchase a Bolder Watch directly from their website: www.bolderwatch.com. Their first Chrono collection was designed in three colors: blue, black and pearl white. Each of these unique timepieces can be purchased for $249.00. And they ship for free anywhere in the world.
About the company : Bolder Watch LLC is a luxury watch company that is on a mission to raise the bar on Social Entrepreneurship by giving away up to 100% of its profits. The company has set out to design and craft timepieces as unique as its mission. From the very inception the charity aspect is central to the fabric of this company. Bolder Watch is focused on producing high quality lifestyle products and aims to have a significant financial impact towards benefiting the less fortunate in the United States and around the world.