One man is sharing how he was capable of kickstart his profession as a multi-millionaire after shopping for a automotive quantity plate.

Rod Shields, 60, bought the quantity plate, 4VBF, again within the Nineteen Eighties for under £120 and selected to resell it for £3,000 as a part of a side hustle.

Using this cash, he was capable of put down a 25 % despot on a three-bedroom house in Wolverhampton and launch his profession as a property developer.

However, exterior his fundamental job, Mr. Shields runs a side hustle promoting customized quantity plates for enterprise shoppers.

According to the businessman, his best-selling automotive quantity plate, BE57APP, bought for round £3,000.

The entrepreneur defined: “I personal a multi-million-pound property portfolio now and it is all purchased on that one plate.

“I at all times put it right down to that one plate buy - it gave me the push to do it. I at all times knew there have been alternatives on the market, do not hearken to the naysayers.

“I've at all times learn the Sunday Times because it had automobiles and homes in - my two loves. And it was there I found quantity plates. I did not know the way a lot I might promote it for, I simply thought 'let me simply strive it.'

“I simply knew it might be value one thing as a result of it had one quantity and three letters - I simply guessed the value and put it up for £4,000 and somebody provided simply over £3,000."

At the time, it cost Mr Shields had to spend $60, the equivalent of two weeks' worth of wages, to advertise in The Sunday Times.

Despite the risk, a potential buyer got in touch on that Sunday night and came to check the number plate out.

He was successful in kickstarting this side hustle, as well as his eventual career at around 17 to 18 years old.

Even though Mr Shields was able to buy the property at 18, he had to spend a year renovating it before eventually renting it out.

Mr Shields added: “One day I was listening to Last Christmas by George Michael, and I Googled how much he earns from that song - which was around £250k a year in royalties.

“I wondered if there were any George-related plates, and it turned out there were. I bought UG03RGE - first released in 2003 - the year he died for around £400 and sold it for just under £3k."

Those excited by seeing what different quantity plates Mr Shields has on sale can go to his web site https://ubrplates.co.uk/.

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