Don't miss a story sign up to Exmouth Journal's FREE daily newsletter CLICK HERE

Age is no barrier for entrepreneur

11:54 28 January 2013

Richard Phillips

Richard Phillips

Archant

A young entrepreneur from Budleigh Salterton has built up a multi-million-pound company from scratch in just 18-months.

Determined that age should not be a barrier to corporate success, Oxford architecture graduate Richard Phillips, 26, who lived in Exmouth Road until the age of 19, and his business partner Tim Bailey founded B38 Group in 2011.

The company, which specialises in commercial property maintenance and management, has grown at an impressive speed - they have just bought a construction company and this year they predict turnover of £500,000.

They have already built up an impressive list of clients ranging from Nationwide Building Society, BT Plc, Audi Volkswagen and the NHS Primary Care Trust.

He said: “We originally wanted to spend all our time on development sites but, with limited funding available, we had to diversify quickly into the service industry to raise some capital to fund our developments.”

Now the company offers landlords and tenants everything from emergency call-outs following an ‘incident’ to the management of properties.

He said: “The new construction teams will enhance the amount of fit-outs, remedial works and new builds that we can currently cope with.

“Clients have really stepped on board with the idea of having one port of call for all their property needs.”

With offices in Wakefield, Birmingham and Swindon covering most of the UK, Richard explains that B38 is looking to set up shop in Exeter.

He said: “An office to support this demand in the South West seems like the next logical step.”

But Richard didn’t always want to be his own boss – at school he harboured ambitions to be in the RAF. He said: “But I have always enjoyed design, which led me into the architectural world and on to the property and construction side of things.”

It was not until after he graduated and he worked for two architectural practices on opposite sides of the world that he wanted to set up his own business.

He said: “Having worked for a large corporate architectural practice both in London and Hong Kong, it was very appealing to want to run my own teams rather than work for 30 years before gaining that responsibility.

“I didn’t see why age should be a restriction to managing people and running projects.

“The corporate world was too focused around age and long term relationships with the company rather than who was the most appropriate person to deal with a job.”

0 comments

Other News Stories

Yesterday, 10:00
Woodbury Salterton primary school children have been involved in the RHS Rocket Science project this week. Pictured are year children from years two and six with the trays of seeds they planted. Ref exe 16-16SH 1540. Picture: Simon Horn

Primary school pupils are preparing to embark on a project of pure discovery.

Read more
Yesterday, 06:30
Dawn Hodge's injuries

This photograph shows the bruised and bloodied face of pensioner Dawn Hodge after she fell over a loose paving stone in Exmouth.

Read more
Sunday, May 1, 2016
Ben and Tim Lupton after the London Marathon.

The challenge of the London Marathon has been met by a number of Exmouth runners

Read more
Sunday, May 1, 2016
Wildlife on the Bowling Green marshes in Topsham. Photo by Simon Horn.

The Royal Society for the Protection of Birds (RSPB) has announced that renovation work has begun at its Bowling Green hide in Topsham.

Read more
Sunday, May 1, 2016
Residents at Bay Court Nursing Home celebrate the Queen's 90th Birthday. Ref exb 16-16AW 3586. Picture: Alex Walton

Residents at a Budleigh Salterton nursing home have celebrated the Queen’s 90th birthday.

Read more
Sunday, May 1, 2016
Staff and volunteers at the Exmouth Red Cross charity shop on the Parade. Appeals are being made for more volunteers to join their team. Ref exe 16-16SH 1256. Picture: Simon Horn

A British Red Cross charity shop in Exmouth is looking for new recruits with free time during the day to help raise money for people in crisis.

Read more
Sunday, May 1, 2016
Budleigh Salterton Public Hall. Picture by Alex Walton. Ref exb 5404-10-12AW

A plaque paying tribute to a former Budleigh Salterton architect who designed more than 50 buildings in the town is set to be put up.

Read more
Saturday, April 30, 2016
Celebrations as the Exmouth Cockles win the Devon Cup Final beating visitors Brixham 31 points to 25. Ref exsp 18-16SH 2231. Picture: Simon Horn.

Exmouth 31 Brixham 25

Read more
Saturday, April 30, 2016
Exmouth woman foils telephone scam

An outraged Exmouth woman, who escaped being a scam victim, is warning people to be on their guard.

Read more
Saturday, April 30, 2016
Chris Dayer, head chef at The River Exe Cafe, which has been nominated for a national award

A floating restaurant moored in the River Exe near Exmouth has been nominated for a national award.

Read more

Local Weather

Partly Cloudy

Partly Cloudy

max temp: 14°C

min temp: 6°C

Most Read News

Great British Life

Great British Life

Useful Links

Advertise in the Paper
Submit a Story
Subscriptions Order
Competitions
Photo Orders
Family notices
iwitness24
Google Plus
Facebook
Twitter
Reader Travel

Family Notices 24

Read Online

Image
Read the Exmouth Journal e-edition E-edition

Newsletter Sign Up

Local business directory

Exmouth's trusted business finder

HOT JOBS

Show Job Lists


Find planning applications