Business
This week I speak to entrepreneur Ian Beestin. Ian's early money experiences of helping his dad count out the church collection money and collecting weekly customer payments on his milk round, stood him in good stead. Ian explains how he turned £9,000 of regular savings into £50,000 by the time he was 24, and the capital for his first business investment. Having a hobby - drumming - that cost nothing and generated cash, is one of Ian's secret to being able to save so much at a young age. A total loss on his first investment didn't deter Ian, and he and a friend started a business that revolutionised the selling of ISAs and investment bonds. Within the first two years they had generated over 100,000 enquiries with minimal marketing spend, and more business than they could handle. Selling his business at the age of 31 created the solid financial foundations for Ian and his family, which gave him options to explore different roles, hobbies, and interests. Now running his third business - financial education and engagement platform Moneyalive - Ian is continuing to make waves and deliver value. Ian is an incredibly humble and down to earth person, who underplays his achievements. But we can all learn from his passion and enthusiasm for business, being true to his principles and favouring saving over spending.