Duncan Bannatyne is a serial entrepreneur, he was Born in 1949, Duncan, one of seven children; he grew up in Clydebank, Glasgow. Duncan had a tough life growing up and faced many challenges that he overcame with strength, hard work and self belief. At a young age he joined the Navy and wanted to progress himself, very soon he found himself in trouble and was dismissed from the Navy; Duncan at a young age had no qualifications and did not have experience to get a good job. The only qualification Duncan had to work for himself, he believed no one can stop him from doing that and he had self control with no limits. Duncan at the age of 30 was working in a bakery store earning little money which he saved up to buy a van on day at the auction, he then transformed this in to an ice cream van obtaining the licence for selling ice cream. , Duncan soon expanded his Ice cream business and bought more vans increasing his profits. After a few years due to competition with other ice cream vans Duncan decided to sell off he sold off his ice cream business and remortgaged his house and started looking in to the care home industry, Duncan knew that there was money to be made there so he started his first nursing home. He built a care home with thirty rooms fully functional for the elderly, he went back to the bank manager and asked for an additional loan, by this time he had thirty rooms, thirty people inside and money was coming in. The bank manager agreed to borrow Duncan the money he needed, Duncan remortgaged his nursing home and started building another one, in 3 years he built nine. He then sold of his nursing homes for £46 million investing this money in to a healthcare chain ‘Bannatyne’s Health Club’.
In summary Duncan is one of Britain’s leading entrepreneurs his journey to success has truly inspired many to work for them self. Duncan has worked himself to the top from selling Ice-cream from an ice cream van to owning care Homes for the elderly in the 1980’s, Duncan just built and built he remortgaged his house when he built his first care home, took a loan from the bank and even sold his ice cream business to finance the care home. In the 1990,s he sold of his chain of care homes for a fortune and went it to the healthcare sector purchasing a chain of Health clubs now known as Bannatyne Health club. His portfolio also involves Casino, Hotels, and Properties. Duncan is one of Britain’s richest men with an estimated health of over £280 million in 2018.
Duncan was a reality start on the Television show series Dragon’s Den, he spent many years on the show investing hundreds of thousands of pounds in young entrepreneurs, he has made a fortune from his casino’s, Bannatyne health club and hotels. Duncan is truly an inspiration to the world of business. He is a mentor for young entrepreneurs and has helped transform many start-up companies in to multi-million pound businesses. His success is like no other, Duncan is one of the leading entrepreneurs who have made great success in proving that anyone who has a dream and a passion can do it and succeed the way he did. Duncan is one of the richest dragon on the TV show Dragon’s Den, he takes calculated risks when investing his hard earned money in to new business start ups, weighing the risks against the rewards.
His moto is ‘anyone can do it’ Duncan truly believes that anyone can make £100 million, you just got to believe in yourself be motivated and work hard to achieving your aims and objectives. Duncan has written a number of books about becoming an entrepreneur and his success story which made him a multimillionaire.