Prince’s Trust helps Corby businesswoman succeed

Award winner Rachel Wood
Award winner Rachel Wood

Rachel Wood went from working out of a room at home to running her award-winning company with the help of the Prince’s Trust.

Five years ago, the 26-year-old dreamed of having a successful hair and beauty shop and now she runs High Maintenance Salon at Odeon Buildings in Stephenson Way.

The trust is urging the town’s unemployed young people to follow her lead and take up an offer of help to be their own boss.

Rachel, whose business has just won recognition in the Corby Awards for being the best hair and beauty salon in the town, said: “Setting up a business needs hard work and dedication.

“I didn’t realise how much time it would take to be successful. Self-employed hairdressers now rent chairs from me. I’m proud of what I have achieved and overall it has made me a more determined person.

“Setting this business up would have taken me so much longer without the support of The Prince’s Trust – I got the best start-up advice from my mentor.“

On the trust’s enterprise programme, young people learn the basics about business such as how to write a plan, tax, marketing and accounts. They also receive a business mentor who gives them regular advice on how to run a business.

The Prince’s Trust and RBS are now launching a new campaign to back more young entrepreneurs like Rachel.

John O’Reilly, the trust’s regional director, said: “Young people can achieve amazing things with the right support but all too often they have never had anyone to believe in them and crucially, they lack self-confidence.

“We have helped approximately 1,000 entrepreneurs get their ideas off the ground in the East Midlands in the last year.”