The Business Mentor Podcast has already reached over 100 episodes. And Jay is not planning to stop producing business content anytime soon. He wants to continue helping you guys on your business journey, even in these hard times! The Covid-19 pandemic poses an enormous threat to the UK market, and it will affect your business. Jay gives tips today on how he survived the 2008 recession. You could apply these tips too if this outbreak leads to a recession. Time to listen in.
- Jay used to do paper runs until his bike got stolen. So, when this happened, he had to find another way to earn income.
- At 23, Jay was already starting his own business. He’s created a team of his own. We should also note that it was very easy for them to level up since everyone on the team had the same vision.
- But when the recession in 2008 happened, and as a first-timer in this kind of situation, Jay had a tough time to weather through. He had to lay-off some of his trusted team members and had to give up many possessions.
- Having a mentor helped Jay save his business. His mentor was experienced with recession and knew what viable solutions could help Jay.
- He then realised that he can also help other entrepreneurs, even the aspiring ones. This is also the principal reason Jay started the podcast.
- “That really ceded me about business—how to create my own income.”
- “During recession, the job market goes first.”
- “Not having the ability, not having the knowledge, or not having the support network was something I really struggled with.”
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 to 500 employees and three locations, racking up sales of over £30 million – all with no investment other than a slight amount of savings. The business went on to acquire major clients such as Landrover, Jaguar, Toyota and New Look, to name a few.
Its immense 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 succeed 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.