Duncan Bannatyne is one of the leading UK entrepreneurs, whose success comes from his wide business portfolio including Health Clubs, Hotels, Media, TV, Stage Schools, Property and Transport and has a net worth of £320 million. After a stint in the Royal Navy, Bannatyne's entrepreneurial career kicked off when he purchased an ice cream van for £450 and later sold the business for £28000. Duncan then used this capital to create Quality Care Homes which in 1996 sold for £26 million and Just Learning, a children's nursery chain, which sold for £22 million. After a bad skiing injury and a visit to a local gym, Duncan started developing health clubs and founded the multi-million pound Bannatyne Group. With over 60 health clubs across the UK and a string of other business venture in hotels, bars and spas, Duncan Bannatyne has become an inspiration to thousands, and wrote bestselling book "Anyone Can Do It: My Story". Duncan Bannatyne has become most famous through his appearance on Dragons's Den as an angel investor, along with the likes of Theo Paphitis, Richard Farleigh, Simon Woodroffe and Deborah Meaden.
In this video Duncan Bannatyne speaks of how he became an "accidental entrepreneur" and the desire since he was young to be different. He relates to his experience of floating a business and how team work and an excellent management team played an essential part to the growth ofthe Bannatyne Group. You will also hear of his ideal management technique and how the Dragon prefers to encourage people to learn from their mistakes.
Read Duncan's exclusive monthly Column with Business Matters HERE
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