Yasmina Siadatan reveals Britain’s first ever ‘Rags to Rich’ List sharing her advice
Sports Direct boss Mike Ashley, Sir Richard Branson, Charlie Bigham and Sir Phillip Green top the list The list encapsulates self-made millionaires who started businesses in the UK with a capital of £25,000 or less The list has been compiled by Start Up Loans, a government funded scheme to provide advice, business loans and mentoring to start-up businesses Creative Director is Yasmina Siadatan, 2009 winner of the Apprentice talks about the list, predicts the Sir Richard’s and Sir Phillip’s of the future, as well as giving her advice on how to go from a start-up entrepreneur to a self-made millionaire
Sir Phillip Green has topped Britain’s first ever ‘Rags to Rich’ List, closely followed by Sports Direct baron Mike Ashley and Virgin billionaire Sir Richard Branson.
The list released by Start Up Loans, a government funded scheme to provide advice, business loans and mentoring to startup businesses, was compiled by looking at British business people’s initial capital and what they are worth today.
With just a £20,000 loan to start his first business, Sir Philip Green went on to take over the Arcadia Group and is now worth a staggering £3.88bn.
Similarly, Mike Ashley started with just a £10,000 loan to start Sports Direct and is now worth £3.75bn, and Sir Richard Branson’s startup capital was a mere £300 which he has built into a £3.6bn empire.
Other notables on the list of the nation’s 25 top self-made millionaires include New Look founder Tom Singh at 19, while Charlie Bigham who has created his own ready meals empire and worth £20m comes in at number 23.
Sir Alan Sugar, who as well as being worth £900m after starting out with just £100 is at number 15 on the list, and his success has had a big impact on Yasmina Siadatan, winner of the Apprentice 2009 who is the Director of Start Up Loans and behind the list.
So who else made the list – what are their rags to riches stories and what advice does Yasmina have for those of us who would like to follow in their footsteps?
You can watch the video over at https://www.youtube.com/watch?v=djVKiVSSjxI&feature=youtu.be
This was posted in Bdaily's Members' News section by Broadcast Exchange .
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