A self-made multimillionaire has shared five simple rules that helped him build his massive fortune.
Dr Byron Cole is an award-winning entrepreneur, author, keynote speaker and investor. He wrote the Sunday Times best-selling book 'Rich Forever: What They Didn’t Teach You about Money, Finance and Investments in School' with his wife Bianca Miller-Cole.
Originally from north-west London, Byron was brought up on one of Europe's largest council estates and built his business empire from the ground up. Speaking on the Savvy Wallet podcast, Byron said he went to a local school in Edgware and failed his GCSEs.
But when his mum moved to south east London, he attended college and started to 'excel'. Speaking on the podcast, he said: “I started to excel a little bit and understand how I learn as an individual. I went to university. I went to Greenwich University to study business and economics.”
He added: "In school, I was always like a bit of a hustler. I would buy sweets from the local shops and sell them in school.” Byron would sell CDs and clothes on eBay to make money, which he described as "his first experience of entrepreneurship".
He added: “Then I went to university and I got into property very early on. I was obsessed with a show called Hones Under the Hammer.” His early step into property paved the way for a successful business career as an entrepreneur and investor, which helped him earn his millions.
As part of the podcast, Byron shared some of the lessons he has learned along the way, and shared advice that listeners could follow in their lives and businesses to emulate his success.
Despite living in a luxurious house and turning up to the podcast in a Bentley, Byron said he actually keeps his overheads low and
Podcasts
Schools
UPS
Universities
FIVE
Booking
Council