Phil Fraser - How I Made 8 Figures From Online Bingo

Phil Fraser has been through the entire entrepreneur journey from soup to nuts. After a couple of false starts he had the winning idea, grew the business from scratch until it became a market leader over an 18 year period then sold it for an eight figure sum. 

A transaction that has given him the breathing room to help other entrepreneurs as a coach and mentor. Phil talks us through his failures and how they ultimately turned to massive success - with 18 years of hard work along the way.

An early adopter of the internet, Phil's story is a great case study on how to recognise opportunity and be prepared to pivot if things don't go to plan.  He talks about the struggle to raise finance for his first business when the market simply wasn't ready for it. 

He describes how he was able to boot strap the business with virtually no funding and the strategies he used to drive growth and reach profitability. The sale process was not straightforward so Phil talks us through what happened and how he ended up with that Holy Grail of business sale scenarios - multiple bidders. 

How did it feel the day after the money hit his bank account?  What investment decisions has he made since the? How did he cope with the transition from full time business owner to being an ex entrepreneur?

Like all my guests, Phil generously shares his top three nuggets of advice you’d offer to any entrepreneurs trying to build a business that will give them an eight figure exit. 

Find Phil on LinkedIn or learn more at  https://philfraser.co.uk/