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Entrepreneurs on Fire

From Boobs to Bankruptcy to Billionaires with Matt Haycox

Apr 4, 2023
30:16

Once the UK's biggest strip club operator, Matt Haycox was bankrupt by 28. Since bouncing back he has gone on to invest over £500m in uk businesses and help other business owners avoid his prior mistakes.

Top 3 Value Bombs:

1. You could have sat on the couch and wallowed in self-pity and talked about what could have been or you could have gone out and gone back to work to make something happen.

2. Lenders want personal guarantee, so they want to understand what your personal credit profile looks like. More importantly, even if they don't want to guarantee, they want to see how you operate as an individual, because that will dictate how you operate as a business owner.

3. Worst case scenario is you're going to be getting robbed in some way from an unscrupulous finance director or business partner or someone who has got more knowledge than you.

Visit Matt’s website - Matt Haycox Website

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