James Sinclair’s Business Philosophy Part 3: How to become an Investor-Preneur
What is it the top entrepreneurs and business owners are doing to achieve successful growth?
They’re thinking to themselves: “If I’m going to put some time, effort, money and energy into an entrepreneurial idea, can I scale this business?”
You need to think like an Investor-Preneur. Here’s how you can do just that, by scaling your business up.
A Mars bar and a pair of scissors: a valuable lesson in pricing
Here’s a story about a Mars Bar and a pair of scissors - a story that holds immense power for entrepreneurs trying to establish profitable pricing in an increasingly competitive world.
James Sinclair’s Business Philosophy Part 2: How your company should look in 10 years
If you’ve been following my previous blogs, podcasts and YouTube videos, you’ll have heard me say: “You should always build a business to sell, even if you have no intention of selling it.”
In order to reach that goal, you’ve got to commit it to pen and paper. Here’s how you should do that.
‘How do you make them feel?’: simple but effective Retention tactics
"They'll forget about the price, but they'll never forget how you made them feel.”
Here’s how simple retention tactics can guarantee long-term custom.
Hundreds of entrepreneurs turn out for ‘amazing’ James Sinclair live show in London
HUNDREDS of aspirational business owners joined serial entrepreneur James Sinclair for “an amazing evening” at London’s Leicester Square Theatre on Monday, June 10.
Business isn’t as fun as it used to be - how to fix it
Do you sometimes feel like the bad guy? I do. But the responsibility of keeping everything going means to be kind long term, you have to be strict short term.
Business is just not as fun as it used to be. Here’s how to fix it...
James Sinclair’s Business Philosophy Part 1: The Three Types of Entrepreneurs
Building a business that really makes serious money is something very few people achieve. It’s so hard.
If you’re building a business but you’re surviving and not thriving, you’ll absolutely love this blog.
Hungry audiences - My simple secret for success
Cast your mind back to April 2020: if you were in the business of selling toilet roll and pasta, you were making the easiest money you'll ever make.
I know this because, for a few months, I was selling those rare commodities.
How to hire great people – and keep your dream team
I’m often asked, when I’m running hotels, dinosaur parks, ice cream factories, day nurseries: “how do you do it?”
The answer is: I don’t.
If you want to be a serious entrepreneur and you want to build a commercially profitable enterprise, you must build a strong team around you.
Thinking bigger in business - how China does it
Leaving politics aside, you simply can’t help but marvel at how China has become the world’s 2nd largest economy in just 40 short years.
How do they do it? They think bigger.
I feel many entrepreneurs are often scared to venture outside their comfort zones. Fear holds them back.
Six businesses that always FAIL – why you should avoid them
I’m going to tell you exactly the worst business sectors that you should invest money in, start or grow in. And I’m doing this from a position of experience.
I’ve traded businesses myself, employed people, and I’ve made some made some mistakes. I’ve made some big wins, too.
Success: Is it Worth it?
I was asked recently “is success worth it?” and while I would usually answer “yes“ straight away, this was different.
After a tough few weeks on the business owner rollercoaster, I paused before I answered. Another “yes”.
Here’s why.
Vital lessons to learn if you’re importing from China
Nearly everything we consume in the world has China in the supply chain at some point – from your car to your iPhone, or your clothes.
This is a full breakdown of the process I go through to import products from the far east and sell them in the UK and European market.
5x your profits with this simple strategy
Most business owners are incredibly dissatisfied with how much cash they can pull out of their business.
They might be turning millions of pounds, but can’t put any of it into their personal bank account.
Building a business organically takes so much time.
But there is another way to extract profits from your business much quicker. Here’s how...
7 reasons Costco's Business Model is Perfect
The motto that you need to live by is success leaves clues!
So in this article I'm diving into the super successful empire that is Costco.
For context, Disney does around $80b in revenue, Costco does $250b... so many people are shocked here the size of this business, but when you find out the tactics behind their business model, it starts to make more sense.
If I could own any business in the world, it would Costco.
Let’s find out why.
8 best low employee business ideas
These are there best business ideas for LOW EMPLOYEE businesses.
This is not the gig economy like a working plumber or electrician where you're swapping time for money, these are business ideas that mean we are building a commercially profitable enterprise that works without you in it.
At the moment I employ over 1200 people across many different types of businesses. One of my companies does £10,000,000 in revenue and spends £5,500,000 on labour whilst another one of my companies does £3,000,000 in revenue but only spends £200k on labour... the latter is the type of business I want to talk about today.
So what are these low employee business ideas?
If you want to build serious wealth, this is how
Building a business is very difficult, never mind actually making decent profits. Over recent years my business has generated between £30-40million in revenue... but I'm still paying myself the same as I was 10 years ago.
Where is all the money going?!
It's actually very taxing to cash out of a business, especially as the business continues to grow and you need to reinvest the profits to continue employing people, buying companies, stay on top of cash flow etc etc. because as I always say - Keeping the cash flowing, keeps the business going.
But there is another way that allows people to build serious, generational wealth. (Legally and with low taxation.)
Sound too good to be true? That's because it's flipping hard work. This isn't side hustle mentally or get rich quick. This is hard graft.
This is a formula of how dedicated entrepreneurs can build serious wealth in a matter of 5 years and this article dives into the exact steps business owners need to make in order to reach that top 1%.
Who is James Sinclair?
Entrepreneur, Author and Speaker
James is the founder and CEO of the Partyman Group of companies - a £40m turnover business which includes soft play centres, day nurseries, farm park attractions, a teddy bear business, a kid’s arts and crafts manufacturer, an ice cream company, as well as a grade 2 listed hotel and an established party supplies business.
How James Sinclair started:
Starting out at 16 as Jimbo the Partyman, James initially built an entertainment agency. He set himself the goal of earning £40,000 a year and owning a house by the time he was 20. By the time he was 17, he was already fully booked every weekend for a year ahead and was turning over £500 - £1000 a week. At age 20, he secured £700,000 from 21 separate lenders to buy and set up his first soft play centre in Basildon. Within a year he was turning over £1 million. James then quickly established a complimentary chain of day nurseries to generate term time income and grow the business.
James Sinclair Today:
Now 38, over the last twenty two years, James has continued to pursue growth, often choosing to buy failing businesses that he can turnaround and fold into his existing empire. James has built his business without any venture capital and his ambition now is to create a £100m turnover company, establishing the Partyman Group as the largest and best family entertainment brand in the UK.
James likes to use his online presence to provide practical and actionable advice and expertise for entrepreneurs all over the UK and Worldwide. He has written books, has a successful podcast and YouTube channel and often speaks at events about his inspirational background in business.