Reaping rewards

In our survey we asked many entrepreneurs if;

• They liked the trappings of success – 88% said YES
• They aspired to more success and more trappings – 71% said YES
• They tried to hide their wealth – 53% said YES

These are interesting statistics because it is extremely clear the vast majority of entrepreneurs like the finer things in life.

They aspire to the social mobility which wealth provides them probably trying to ensure familiar success by paying for better education for their offspring, while being extremely very conscious of today’s jealousy - they wish to hide their wealth.

In other words they keep their Ferrari offsite in a hired 3^rd party garage for driving only on high days and holidays! Strange but very British

 The internet has certainly flattened society as anyone can access any piece of knowledge at any time. AI (artificial intelligence) will change this again.

Entrepreneurs were asked to choose from the following and this was their answer in order of importance;

1.  Pay off as much debt as you can

Then followed by, in order;

2.  Give bonuses to the staff
3.  Keep the money in the bank
4.  Put a deposit down for investment property
5.  Buy an expensive car
6.  Fund your own pension pot
7.  Treat the family to a holiday of a lifetime

Are the first 4 risky? Are they an appropriate use of excess funds – yes they are.