Rob Jup, the highest executive officer of the Bright Star Group, feared that his first business collapse could not pay his mortgage or son's tuition. I shared whether I could pay like it.
In the latest episodes of the two Russells Podcasts, there are real estate experts and former real estate agents Russell Keek and Russell Jarvis, and Jup is the first to see the value of the 2008 credit crisis. I frankly talks about the turmoil of building a venture.
JUPP explains how the subprime and specialist packagers of the group have grown, from two bands to the business of employing 150 staff in front of the financial meltdown.
Jupp states: 。 “
But he states: “14 months later, we just sell it to Savills PLC for less than 100,000 pounds and pay bankruptcy expenses.”
JUPP says that the subprime lender escaped from the market or became a bust, and when a company lost 92 % of the business within a month, the company had fallen.
He says that his responsibilities to provide to his own family and his duty for his staff were heavy.
“The reality that everything is back to me -It was really difficult for 150 staff and their families to rely on me.”
Jup says he was worried and did not share his wife Claire.
He said he was afraid that he could not pay his mortgage and his son's tuition “every day, perhaps 100 times a day”.
However, JUPP is also how he faces his fear, using Equity in his house to build his second business, Brightstar, and has built today's co -founder.
See a complete interview to see why Jupp has deleted a social media account and how to completely leave the industry at the right time to sell Brightstar.