Anyone Can Do It: My Story by Duncan Bannatyne

By Duncan Bannatyne

At 30, Duncan Bannatyne had no cash and used to be having fun with lifestyles at the shores of Jersey. He observed a narrative of somebody who had made himself a millionaire, and made up our minds to do an analogous himself. 5 years later he had performed it, and now he's worthy £168 million.

In this outstanding e-book, Bannatyne relives his vibrant route to riches, explaining how someone may perhaps take a similar path as he did - in the event that they actually need to. within the ebook, we see how he began as an ice cream salesman, and equipped up that company, ahead of relocating directly to different areas.

Hugely articulate, and with quite a few interesting and revealing tales to inform, this can be an autobiography and a enterprise booklet not like the other - yet then Bannatyne isn't like several different businessman, both.

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The manager there, Peter Rouse, was ambitious and he already knew me as he'd remortgaged my house: he was ready to make the loan, but he had to get all the right boxes ticked on the form for his bosses to approve the loan. He helped me write a business plan and together we made adjustments to comply with the bank's lending criteria. Needless to say I'd never written a business plan before, but I didn't find it all that hard. It was easy to calculate the income, and the costs were fairly straightforward, too: if I had x residents, I'd need y staff and they'd get paid the going rate, a figure I found out by looking at the situations vacant in the paper.

That won't be necessary,' he told me in a particularly patronising way. ' He relented and asked his manager to join us. A few minutes later, a short, bald bloke walked in smoking a cigarette. He was the kind of middie-class snob I'd never had any respect for, and 1 knew he'd be a waste of space. He was a stroppy little berk who clearly 78 A N Y O N E C A N DO IT GOING IT ALONE 79 didn't rate an uneducated ice-cream vendor very highly. He told me that I didn't have any 'sector expertise' and without it he couldn't see how I was going to make any money.

They introduced a new policy that gave all unemployed people an entitlement to housing. And the best bit about this is that the government started paying £46 a week directly to landlords. Now a lot of people wouldn't want to rent to DSS tenants, but as far as I could see I was effectively renting to the government, so my rent was guaranteed. I started converting terraced houses into bedsits and renting them out. I picked up the houses for about £10,000 each and made a 30-50 per cent return on my capital each year in rent.

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