Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

BUSINESS

Rob Stone is the Founder of Instaloft – the UKs largest installer of loft storage solutions.

But Rob’s business journey is true rags to riches story. What do you do when you have spiralling debt, 9 children to feed and no job? You believe in yourself; you think outside the box and you work hard.

How did it all begin?

Having folded his previous business, Rob was left with no job whilst battling to feed his 9 children and spiralling consumer debt. He had to resort to desperately selling his belongings at car boot sales just to put food on the table.

Determined to create a business that would support his family long-term, he was inspired to create the Instaloft brand after Googling franchise opportunities.

Although he didn’t have money to invest – or experience in loft installation – he purchased some tools via a £200 credit card, secured an early supplier agreement and set to work. Fast forward 6 plus years and Instaloft now turns over in excess of £14 Million in revenue, generates a healthy 7 figure profit and employs 127 people UK wide. All achieved through grit, determination, and a willingness to succeed…whatever it takes.

Falling down the stairs gave him a eureka moment

By the end of his first year in business, Rob had turned over £125K in revenue and generated £12,500 in profit. He learnt a number of key lessons during this time – including the value of working on the business instead of in it after suffering a fall down the stairs of a potential customer, which resulted in two sprained wrists and the inability to complete manual work, forcing him to recruit his first employee…and the rest is history.

What is next for Rob and Instaloft?

Now on track to exceed a turnover of £14 million and profit of £2 million by October 2021, Rob is not only LoftZone’s biggest and best customer, but has also acquired one third of the business that enabled him to establish the Instaloft empire.

With invaluable expertise in business development and people management strategies, Rob is on a mission to double the firm’s revenue to £30 million within the next three years, whilst taking the time to ‘give back’ to the business community by helping aspiring entrepreneurs on their own journey to success.

Rob Stone

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts