How Colin Stevens finally made his million

After laying his golfing career to rest, Colin Stevens decided to make his fortune from selling bathroom equipment.

Aged just 21, Colin Stevens decided to call it quits on his golfing career. Since the age of 17 he'd been playing and practising full time in a bid to make it as a professional golfer. "I won a couple of British competitions, but after a while I could see that I wasn't going to beat the very best." He decided it was time to enter the world of business instead. That would prove to be a shrewd move.

During his golfing days, he'd supported himself by selling golfing equipment through eBay. But that ended when he ran out of supplies. "I had some discontinued stock from a factory that I was making good money on. But when I tried to get stuff from official distributors, the margin was terrible."

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
James McKeigue

James graduated from Keele University with a BA (Hons) in English literature and history, and has a certificate in journalism from the NCTJ. James has worked as a freelance journalist in various Latin American countries.He also had a spell at ITV, as welll as wring for Television Business International and covering the European equity markets for the Forbes.com London bureau. James has travelled extensively in emerging markets, reporting for international energy magazines such as Oil and Gas Investor, and institutional publications such as the Commonwealth Business Environment Report. He is currently the managing editor of LatAm INVESTOR, the UK's only Latin American finance magazine.