HOW TO MAKE YOUR MIL­LIONS

TV Times - - Interview -

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.’

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