Man ‘risked all of it’ and offered his dwelling to begin dream enterprise – now value £1m

Jun 18, 2023 at 4:49 AM
Man ‘risked all of it’ and offered his dwelling to begin dream enterprise – now value £1m

Tim Hayden, 50, sacrificed his financial savings and his home as he believed in his desires and was decided to grasp them. In simply three years of beginning his social media accounts, Mr Hayden, who’s the founding father of Hagley West Watches, has amassed over a million followers on TikTok and YouTube. His movies have gone viral and he’s been recognised internationally.

The entrepreneur has been ready to make use of stay stream movies to interact his viewers in actual time, solely making him extra relatable.

Mr Hayden was beforehand within the IT enterprise, however he had at all times hoped to develop a worldwide model.

He didn’t wish to stay with any regrets, so he joined up along with his accomplice to begin his watch enterprise.

Mr Hagley mentioned: “There’s no bigger challenge to an entrepreneur than growing a global brand, and I thought let’s go for it. I just wanted to reach my full potential.

“I wanted to continue living a comfortable lifestyle, but I didn’t want any regrets and It’s something I always wanted to do.”

In the primary two years, My Hayden put in a complete of £48,000 from his financial savings into the enterprise, nonetheless issues didn’t go to plan. Things had not taken off as he anticipated, however he was decided to make it work, so he knew he needed to put all the pieces in.

In 2019, he arrange a crowdfunding spherical to realize funding so he might relaunch Hagley Watches. He additionally made the choice to promote his home so elevate capital.

He mentioned: “I had to put everything in it to make it work. I thought if I sell my house, I won’t have to worry about taking income for the business. I had to risk it all.

“I sold my house so I could give myself the best opportunity. I was 50 years old selling my house and going back into rented accommodation.

“It wasn’t an easy decision to make at my age, but I thought let’s go for it, I had to sell my house because I just knew there was something there in this watch business.”

Mr Hayden’s crowdfund raised £350,000 and used the cash from buyers to relaunch the enterprise in June 2020.

During lockdown, Mr Hayden was capable of profit from TikTok’s world attain and construct a group by interacting along with his followers on there.

To assist promote his watches, he introduced that anybody who purchased a watch inside the hour would get their watch hand-delivered.

He began a TikTok problem referred to as ‘Love Your Journey’, which rapidly went viral and gained him and his model numerous consideration. His followers are proven his location and the primary individual to search out him and say ‘love your journey’ wins a free watch.

He has accomplished the problem in all internationally in Wales, Dublin, Edinburgh, Paris, Rome, Barcelona Ibiza, Mallorca, Copenhagen, throughout America and Artic-circle America.

The firm’s turnover was £20,000 in 2020 they usually have since doubled their turnover yearly. Last 12 months they noticed report outcomes with practically half one million kilos achieved.

That determine is about to double to a couple of million pound on this monetary 12 months.

He continued: “This whole thing feels surreal. I’m proud of my achievement it’s unbelievable.

“Everyone I meet is so kind I can’t believe it’s happening. I did this all from my table at home, and people have gotten the chance to watch me do it.”

The ethos of the model is ‘love your journey’, and Mr Hayden highlighted that numerous the success has come from the human aspect as everybody has their very own story.

By continuously documenting his journey by social media and making a group the place folks can join with him, folks consider in him and his model.