How I made my first million — by those who have done it

Twelve of the Rich List’s 40 under 40 offer tips and tricks to start your own business

Left: James Asquith, who runs Holiday Swap and has recently founded Global Airlines, believes luck plays a part. Right: the footballer Harry Kane takes time to celebrate the small wins
Left: James Asquith, who runs Holiday Swap and has recently founded Global Airlines, believes luck plays a part. Right: the footballer Harry Kane takes time to celebrate the small wins
TOM JACKSON; GETTY IMAGES
The Sunday Times

Do you have what it takes to be an entrepreneur? Are you dreaming of being the next Sir James Dyson, Sir James Ratcliffe or Sir Richard Branson? The Sunday Times 40 under 40, published alongside the Rich List, the UK’s leading wealth rankings, showcases young British talent from music, sport, entertainment and business.

Phil Beahon, who co-founded the sportswear brand Castore with his brother and ranks at No 11, says in his interview that when he was growing up on the Wirral he hardly ever heard the word entrepreneur.

“For my mum and dad’s generation it was all about getting a job, getting a house, starting a family,” he says. “These days it’s not so easy to get a job or buy a house,