In the brand New Studio for the ‘Business Mentor Podcast’ Jay talks once again to Neville Wright, self-made millionaire, mentor and motivational speaker, about his story to date. Much has happened in the past year, including the sale of his business.

Neville joins Jay today for a wise, warm and witty conversation about the highs and lows in his recent business dealings, and the wisdom he’s gained along the way, all delivered in Neville’s uniquely appealing style.

KEY TAKEAWAYS

  • Opportunities come in all shapes and sizes. You need to remember to keep your eyes open and look for them whenever you can.
  • Security doesn’t come from merely owning a property, or having money. Security is a state of mind. It’s the feeling of safety that you achieve through believing in yourself and what you can do.
  • Don’t ever take advantage of people. It should always be a win-win situation for both of you. We’re all trying to do the best we can.
  • One of the most common mistakes people make when their business is doing well, is that they fail to look to the future to see how they will fare. In the blink of an eye, your business model can be replaced or obsolete, so judge each offer well, and make sure your future is secure.
  • Neville was shown the folly of regret by his own father, whose business ventures resulted in remorse, when he turned down many lucrative offers in favour of treading the same, familiar path. Life could well have been very different if he had taken the opportunities as they’d arisen.
  • Burn your bridges – Having a trade to “fall back on” isn’t a good thing. If anything, it stops you from taking too many chances. Putting yourself out there completely forces you to think creatively.
  • Patience and humility are most definitely the virtues that saw Neville and Kiddicare thrive. Doors were slammed in their face at the outset, but by remaining polite, professional and tenacious, they achieved their greatest success.
  • Each day of your business’s operation is an opportunity for change. If it doesn’t change, even in an incremental way, from one day to the next, then you’re stagnating.
  • Your core values must always remain at the heart of your business. In Neville’s case, the main tenet was to always ensure that he and his wife were working together. When this value was threatened, he drew back.
  • Neville has used his dyslexia as a tool to drive him forward. When people put you down, it can be used as a positive, as it forces you to be more creative in terms of equalling your playing field

 

BEST MOMENTS

  •  I like to keep it real’
  • ‘Use every minute of the day’
  • ’Together we were stronger’
  • ’I will never say “I should have”’
  • ‘You emulate the people you admire’
  • ‘You have to innovate’
  • ‘We stood out because we cared’

VALUABLE RESOURCES

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 of 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.

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