HOW TO MAKE YOUR MILLIONS
BE THE BEST
‘It’s not the ideas that make you a massive success, it’s what you do with them,’ says new business expert Ben Keene of Escape the City, who also appears in How to Retire at 40. ‘If you look at something like Airbnb, it’s not a new idea, it’s not even an amazing idea, but they executed it so well that they are now the biggest hotel in the world. And they don’t wash any bed linen!’
MANAGE YOUR TIME
Another of the programme’s success stories, albeit on a much smaller scale, is Adrian Nantchev’s ‘personalised potato’ business, which hand-writes messages on
Maris Peer potatoes and delivers them as novelty gifts.
It cost Adrian, 23, just £1,000 to set up the business, and he now makes a net profit of £26,000 per year, and only works an eight-hour week.
SAVE YOUR EARNINGS
For those without a head for business, the good news is that you can simply save your way to an early retirement, according to accountant Barney, also featured in the programme, who retired aged 43.
‘If you can save 50% of your income, it will take you about 19 years to go from broke to enough money never to have to work again,’ he explains. ‘And if you can get your savings rate up to an amazing 75%, the amount of time it takes is only seven years.’