Welcome to another episode of The Business Mentor Podcast. In this episode, special guest and founder of ‘Never Ever Too Old’ Ant Knight interviews The Business Mentor himself Jay Dhillion. Discover more about Jay’s journey to success and how he has amassed over 100,000 followers online, built multiple businesses and grown this podcast to be the UK’s number one.
Ant and Jay dive into the fundamentals of business and how to create cashflow, before anything else. Understand why making money should be a priority first, before the vision or long-term strategy. Jay shares he first business venture and how he created a recruitment business with over 500 employees and three locations, racking up sales of over £30 million. Jay goes on to talk about how he created a profitable business in just 30 days and to do so you must ‘find the pain’ and find a problem to be solved.
Discover more about The Business Mentor Himself, Jay Dhillon
- Ant Knight – ‘Never ever too old’ community of people taking control of their own lives.
- If you’re not setting out to make money, the chances are you won’t make money. 9 times out of 10 your passion won’t make you money so ask yourself what will you sell? how much will it make you? and how will you continue your growth?
- It’s okay to make money and once you start making money you’ll enjoy it a lot more. Nothing will kill your business more than not making money. If you’ve got no money, you will not succeed.
- Look at what your niche is but you should be using Facebook, LinkedIn, and Instagram. All you need to do is start, grow your following by bringing good content, you have to provide value. All you need is 100 loyal followers.
- Getting the right mentor is really important, get someone who has been there and done it. Invest in getting knowledge and find like-minded people whose values match yours.
Ant: How do you find your customers?
Jay: It’s easier now with social media and you can find audiences who are directly interested in your product or service. All you need to do is find groups on Facebook or LinkedIn, join them and interact and find your target market
Ant: What does consistency mean to you?
Jay: It means turning up every day and putting in the work, focusing on your core area and achieving growth.
Tips to grow your podcast
- Put a focus on it and invest your time.
- Just do it and start now, but see it as a long-term plan.
- It’s a platform to get your message out, no matter if there are similar podcasts out there. We’re all unique.
- Don’t worry too much about the content, just get it out there.
Five Tips for Starting a Business
- Look how you can monistise it.
- Start small if you don’t have a budget.
- Get on all the social media platforms and create a powerful network.
- Get a mentor, and if you can’t afford it read as many books as you can.
- Have the courage to start.
- “You don’t have to spend two years building a business if you start you can begin making money quickly.”
- “Start with the end in mind.”
- “Go all in, be focused and lock it down.”
- “I highly recommend you create an email list, to de-risk your business.”
- “Do not buy an email list, it’s not the best way of marketing.”
- “Build relationships with people but by providing content, you have to offer something in return and If you get a chance to meet someone face to face it’s invaluable.”
- “I want to record 3000 episodes of my podcast.”
- “What you want to do, everyone wants to do, just have the courage to do it.”
- “One keyword to success – Persistence.”
ABOUT THE HOST
Jay Dhillon is a serial entrepreneur, investor and philanthropist based in the UK with a proven track record of growing businesses from start-up to success- and helping others do the same. From humble beginnings, Jay grew his first business from 0-500 employees and three locations, racking up sales of over £30 million – all without any investment other than a small amount of savings. The business went on to acquire major clients such as Landrover, Jaguar, Toyota and New Look, to name a few.
Its huge success inevitably brought about outside interest and at the age 33 Jay eventually sold the company to a London investment firm in Doyen Resources. Today, Jay owns several businesses in different sectors and helps entrepreneurs achieve success.
A calling to give back and help others led to Jay being chosen for the highly-coveted role as a Prince’s Trust mentor, where his achievements were marked by a personal invitation to Buckingham Palace to meet Prince Charles.
After helping several young entrepreneurs to success as a mentor for the Trust, Jay’s burning desire to bring his wisdom and knowledge to a wider audience ultimately triggered the concept of The Business Mentor Podcast.
Jay feels that anyone can achieve success in business with the right advice and mentoring and is now sharing his knowledge with his growing audience via his podcast.
In the UK alone 95% of business fail within the first five years and Jay’s aim is to reduce that number.
Backed with the hard-earned knowledge and experience from his time in business, The Business Mentor Podcast will share Jay’s personal business lessons as well those of other successful entrepreneur guests who share their wisdom and secrets on the show.