In today’s era, layoffs have become a common scenario. But people who lose their jobs often find it difficult to cope with the expenses. This is a common situation for any salaried individual. Some companies even terminate their employees with proper notice. A similar incident happened to a man from the United Kingdom. After losing his job, the man thought of starting his venture, providing him with a better standard of living. Through his business, he today earns over Rs 38 lakhs per month.
According to a report by The Sun, Alfred Dzadey, a resident of London, was earning around 40,000 pounds (approximately Rs 42 lakhs) when he lost his job. After getting laid off, his income stopped leaving him with financial problems. He saved some money which helped him to give his career a fresh start. With his savings, he decided to start a business on his own. He planned to buy a property with his savings of 25,000 Pounds (approximately Rs 26 lakhs) and rent it out.
Today, Alfred’s portfolio includes nine properties estimated to be worth around 4.5 million Pounds (approximately Rs 470 crores). From his properties, he earns around 34,000 Pounds (approximately Rs 35 lakhs) monthly. As per the report, this is much more than the average annual salary people in the country earn, according to Forbes. Alfred mentioned that he worked extremely hard to reach this position today. He said, “I’ve worked extremely hard to be in this position today and it’s not been easy – having to sacrifice time with friends and family so I could have this future.”
31-year-old Alfred Dzadey bought his first home at the age of 25. He spent around 295,000 pounds (approximately Rs 3 crores) to buy the house but later regretted his decision after losing the job. He decided to go ahead with the business. He lacked enough money and then approached multiple investors to get investment for his business. After raising the required capital he bought multiple properties and rented them to people.
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