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27.
March
2019.
Bhavin battles to be a millionaire entrepreneur

Dad-of-two wins through to final stages of X Factor-style competition for property investors

 

Dad-of-two Bhavin Thanker from Edgware, in north London, is hoping to be a millionaire by the end of 2019 after entering a competition organised by a property wealth education and training company.

He’s one of 40 contestants who entered the Millionaire Maker challenge at the start of the year and, after passing an audition, he’s now being mentored by judges before facing a public vote in December.

The aim of the contest, organised by Doncaster-based Touchstone Education, is to help as many contestants as possible to generate a turnover of £1million or more.

The first to reach the target will receive a VIP package worth £15,000 including an all-expenses paid trip to a Formula One race weekend with Touchstone.

Bhavin, 44, bought his first property in 2001, three years after arriving in the UK from India and, since then, he has built a portfolio worth more than £8.5million.

He hopes to top the £1million mark this year by buying commercial as well as residential and serviced accommodation properties.

He said: “The competition has challenged my ability to expand in new areas of property investments and it has given me a different perspective.

I’m grateful to Touchstone and their mentors for providing guidance and support. The most exciting process of this journey for me will be to discover who I become as a person, as a result, and how many people’s lives I’ll be able to touch.”

In January competitors submitted business plans and each was asked to explain what they wanted from the process and what they hoped to achieve, other than to make money.

A final group of 25 was selected by judges, based on the quality of their submissions and on their determination to succeed.

They have been split into two teams, one mentored by Touchstone’s Chief Executive, Paul Smith and Managing Director Abi Hookway, and the other by Paul’s wife and business partner, Aniko, and the company’s Commercial Director Gordon Dutfield, with each battling to produce the first millionaire.

After visiting judges’ houses for an intensive training weekend, the contestants are now putting their business plans into practice with help and advice from mentors during weekly catch-up sessions. Each contestant is keeping a video diary to provide a record of their investment journey.  

Touchstone, which runs courses and seminars across the UK focused on investment in property, launched the competition as a way of bringing investors together to share their experiences and expertise.

Paul said: “We’re always looking for new ways to impart our knowledge and this X-Factor style competition helps to generate some energy and excitement around the process.

“By adding a competitive edge, there’s an added incentive for our investors, with help from our staff, to push themselves further to make their property portfolios worker harder for them.”

He added: “We’ve already seen some early wins for our investors and, even at this early stage, several are on course to reach the £1million mark by the end of the year.”

For more information or high-resolution photographs please email carlos@carlosalbamedia.co.uk or telephone 0141 637 6399 or 07880505647

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