How one entrepreneur turned £6,000 credit card debt into a business raking in £12million a year
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How one entrepreneur turned £6,000 credit card debt into a business raking in £12million a year.
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In 2004, the internet was changing daily life, and the online financial services space was a fertile ground for entrepreneurs looking to make their money.Jason Tassie and his co-founders spotted a gap in the market for consumer price comparison websites at the time, and struck when the iron was hot.Within 16 years, Mr Tassie grew Know Your Money and brought in £12million a year by 2020, before the business was acquired by US fintech giant, Nerdwallet, in 2020.Speaking to GB News, the current CEO of Know Your Business revealed how he turned a company that began £6,000 in the red into a multi-million-pound venture that was sold to a Nasdaq-listed firm.Ahead of his time, Know Your Money specialised in breaking down the options consumers had available to them in the financial service space, from loans to mortgages.As the founder and CEO of Engage Media, Mr Tassie still works within the price comparison market thanks to his other going ventures, namely Know Your Business.More than 20 years...
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