A DERBY entrepreneur who set up a hugely successful recruitment company - and now helps other entrepreneurs to grow their fledgling businesses - is set to share business lessons and explain why age or background is no barrier to success.
Jay Dhillon, who launched his own recruitment firm – Fasttrack - at the age of just 24, has found worldwide success as a business mentor/podcaster and will be hosting an event at Pride Park Stadium on Friday, May 10.
His hugely successful podcast – The Business Mentor Podcast – reached number one in the iTunes Business chart 12 months ago and has subscribers in more than 52 countries.
The 40-year-old works with charity the Prince’s Trust, where he has helped dozens of young people to succeed in business, including Derby magician Luca Gallone; a finalist on Britain’s Got Talent.
“I get a great satisfaction from working with raw talent,” said Jay, who has been working with the Prince’s Trust for six years and recently visited his former school – Pear Tree Community Junior School to deliver a motivational speech.
“More and more people are setting up their own businesses. They leave their jobs with bounds of enthusiasm but little knowledge and, sadly, a huge percentage of those businesses fail within the first five years.
“I want to share my wealth of knowledge with people; for me, a successful business mentor is someone who has been there and experienced the highs and lows.
“In 2008, when the recession hit my recruitment business, I suffered; I had never been in a recession before. I was taught strategies by my own business mentor and told to keep going, to ride the wave and, within nine months, my business was thriving again.
“Then, in 2013 – when I was just 33-years-old – I sold Fasttrack to an investment company based in London. That’s when I was approached by the Prince’s Trust to mentor youngsters and I went on to launch my own podcast – https://www.jay-dhillon.com/podcast “
One dedicated subscriber to Jay’s podcast is his daughter, Tara, who is following in her father’s footsteps at the tender age of eight.
“I used to give both my children, Tara and Katrina, pocket money,” said Jay, “but I thought that a better way of teaching them the value of money was to encourage them to make their own.
“Tara began by selling CDs and making a small profit. She then moved on to selling my old mobile phones and, in just 18 months, she had made around £900 from internet selling sites.
“With online selling sites – such as eBay – there are so many platforms available to would-be entrepreneurs. It doesn’t have to be difficult; it can be as simple as collecting un-used items from your house and selling them online.
“No matter how young you are – or what your background is – you can achieve your dreams with the right know-how, hard work and encouragement.”
Jay has given the Prince’s Trust 10 free tickets to the event, which will also feature talks from Dragons Den winner and University of Derby graduate, Ed Hollands, and Kavita Oberoi OBE who is a regular feature on the BBC Apprentice: You’re Fired and another hugely successful entrepreneur who began her business in the city.
His work with the Trust is something which he is proud of.
“I have been working with the Prince’s Trust for the last six years now as a business mentor and it is my way of giving back,” said Jay, who was invited to Buckingham Palace by the Trust in 2018 to celebrate Prince Charles’ 70th birthday.
“They support entrepreneurs between the ages of 19 and 31, who have taken the brave decision to set up their own business. Helping them to succeed gives me a great satisfaction and drives me on.”
For Jay, it was important to host the event in his home city, even though he was offered the chance to hold it elsewhere and potentially attract more people.
“The event at Pride Park is going to be fantastic. There will be something for everyone. We have people coming from all over the world including Glasgow, Spain and the US,” he said.
“I’m honoured that they’re making the journey and delighted to be hosting the event in Derby.”
To book on of few remaining places on The Entrepreneurs Secret to Success event at Pride Park Stadium, on Friday, May 10, visit https://www.jay-dhillon.com/events
For more details contact Kerry Ganly at Penguin PR by ringing 01332 416228/07734 723951 or emailing firstname.lastname@example.org