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RSS Feeds`I earn £3m a year, but I don“t just throw money away“
(The Guardian Money News)

 
 

18 august 2018 10:08:29

 
`I earn £3m a year, but I don“t just throw money away“
(The Guardian Money News)
 




Businessman Simon Dolan on how he invests his cash - and his passions for cars and guitarsI might be a millionaire now but life wasn“t always like that. When I was 21, I had nothing. Debt was spiralling, I was three months behind on my mortgage, and I was totally desperate. I ended up placing a £10 advert in a local paper offering to do people“s accounts. It“s the only thing I knew - I“d previously worked at an accountants for 18 months. A florist responded and I handled her accounts for £99. That gave me enough money to place another ad. From there I gained another client, then another. By 2013, when the business had 14,000 clients, I sold it to a private equity firm for £81m.I didn“t change my life dramatically. Because of the profits over the years, at that point I already had everything I really wanted, like a nice car and houses. But it felt right. Life didn“t change from one day to the next other than that initial excitement of seeing a huge number on your bank statement. Then a week goes by and you worry about what to do with that money, which is a nice problem to have. Continue reading...
 
24 viewsCategory: Business > Economy
 
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