My First Million: Simon Woodroffe of Yo! Sushi

How Simon Woodruffe opened his first sushi restaurant, despite having no experience in the restaurant industry and only half the funds required.

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"I knew nothing about restaurants. I had had many jobs, from a roadie, bus conductor to TV producer. All sorts. But I had no track record in the restaurant business." But lack of experience didn't deter him. After borrowing £150,000 against his house, securing a government grant and persuading some friends to invest in his new project, he had half the money required. So in January 1997, he signed the lease on the first restaurant in Soho's Poland Street, with only half of the funds secured. How he did so is a story in itself.

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Jody Clarke

Jody studied at the University of Limerick and was a senior writer for MoneyWeek. Jody is experienced in interviewing, for example digging into the lives of an ex-M15 agent and quirky business owners who have made millions. Jody’s other areas of expertise include advice on funds, stocks and house prices.