This businessman from the United Kingdom went through the 2008 crisis along with a personal accident that could have been tragic.
The history of many millionaires It usually begins with inherited money, a life full of luxuries and powerful families that protect themselves in times of trouble. crisis and they take advantage of their political waist to overcome them. However, some magnates had to reinvent themselves and move forward in the face of adversity after lose everything.
That happened to Andy Scotta businessman from United Kingdom who was on top of the world, but the 2008 crisis left him bankrupt, at the same time that he suffered a tragic accident. This was his path to currently managing a successful poly sector company.
How Andy Scott made his fortune
Before his life changed, Andy Scott had a ostentatious life that was overflowing with luxuries. He was born and raised in Portsmouth, on the south coast of England, in a middle-class family and with the example of his stepfather at his side, who owned several candy houses. At 18 years old inherited 6 thousand dollars from his grandmother and decided to buy a very deteriorated house to remodel it and resell it, and began a cycle that gave him his first fortune.
Over time, a profit bikeand claims that by the time he was 25 he had already renovated 250 houses. He also bought hotels, bars and a hair salon, and thus his business was born. great millionaire empire.
The accident that caused businessman Andy Scott to lose all his money
Despite having a promising start, when the crisis of 2008 Scott was already beginning to see the shortcomings of his business and each time I was getting more into losses. While the bank put all its properties up for seizure and lost more than $7 million dollarssuffered an accident that could have been fatal: a taxi hit him and broke both his legs almost completely. Despite having to think about his recovery, he pursued his business.
How Andy Scott got his money back
To the three months after the accidenthe was able to walk again, and the first thing he did was start working again to get his money back and get ahead financially. He began working as a janitor in a building complex, and he was not afraid to get into construction as a worker.
When he wanted to start rebuilding his business, no bank granted him a loan. That’s when a friend appeared who helped him become night clubs a church and a disused cinema. This was successful, and Scott began a life of comfort again.
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The current lifestyle of the entrepreneur
REL Capitalhis business, currently owns a variety of ventures including pub and bar chains, transport companiesstaff recruitment companies and a supply firm for music festivals. Now, he preaches financial advice and He assures that he has a much calmer life with fewer cars and properties.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
