The New 1%

"The Weston Family: From Baker's Apprentice to Philanthropic Legacy"


Listen Later

Section 1: The Journey to Philanthropy

  • George Watson, a baker's apprentice in the late 19th century, started his own shop in 1882.

  • He expanded from a single shop to become the owner of the largest bread factory and ventured into wholesale business during the 20th century.

  • Later, they diversified through acquisitions, entering the retail space and expanding into various food products.

  • Section 2: Philanthropic Impact

    • The Weston Family transitioned from business success to philanthropy, dedicating 80% of their family wealth to charitable giving in the UK.

    • Reflecting on their generosity, we can ponder the idea of giving away a significant portion of one's wealth for the betterment of society.

    • Section 3: Key Takeaways

      • Learn a valuable skill and capitalize on its profits.

      • Acquire assets that complement your skill.

      • Consider diversifying into related products or industries.

      • Emulate the legacy of philanthropy, giving back for generations to come.

      • Join The New 1% soft launch team at workwithtimmydouglas.com

        • This is for the people looking to buy a business at some point, but not in the next 12-24 months.

        • The impact here is in spreading the word until you can commit to doing the work

        • Get a FREE Community Investing Course that will set you up to reap the rewards without doing the work by leveraging people and technology.

        • If you’re looking to buy a business in the next 12 months, DM me @timdouglas924 on IG and join the hard core launch team, limited to 100 people! We only take 5 per month… so hurry and DM to join the waitlist Here you’ll get the following for FREE

          • access to a list of Private money partners for buying businesses that I’m building

          • a due diligence checklist

          • a community of people committed to buying businesses

          • essential contacts in major cities for due diligence

          • FREE Courses on how I would do my proprietary search and build my private money partner list.


          • ...more
            View all episodesView all episodes
            Download on the App Store

            The New 1%By Timothy Douglas

            • 5
            • 5
            • 5
            • 5
            • 5

            5

            28 ratings