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

Fire crews from Exmouth were called out to a fire involving a gas kettle on Monday (June 27).

Read more
Yesterday, 16:04
Exmouth Armed Forces Day took place at the weekend. Royal Marines gave a combat demonstration to the public. Ref exe 26-16AW 1289. Picture: Alex Walton

Exmouth marked Armed Forces Day in The Strand at the weekend. The Royal Marine Band Service opened the event with their marching band display followed by a combat ready demonstration by marines from the Lympstone Commando Training Centre. Hundreds of visitors turned up to enjoy the occasion and support our armed forces.

Read more
Yesterday, 12:30
Budleigh Hospital

A pilot wellbeing hub project at the former Budleigh Salterton Hospital is unlikely to open on a permanent basis this year.

Read more
Yesterday, 09:54

A fire crew was called out to a vehicle fire in Budleigh Salterton on Saturday, June 25.

Read more
Yesterday, 09:38

An Exmouth resident has called for action over a ‘dangerous’ parking problem he says could see schoolchildren seriously injured.

Read more
Yesterday, 09:34

Fire crews were called to attend a fire in a bungalow in Exmouth.

Read more
Sunday, June 26, 2016
Hugo Swire MP was invited to open the new Pete's Dragon suicide bereavement charity head quarters in Exmouth earlier this month. Ref exe 24-16AW 0191. Picture: Alex Walton

A grieving mum has found hope through heartache by helping to create new headquarters for the charity that was there when she needed it most.

Read more
Saturday, June 25, 2016
Evacuee Percy Cook (centre) pictured with Brian Curryer and Percy's sister Daisy Vickers.

A man evacuated to Exmouth during World War Two has returned to the town - and has struck up a friendship with another generation of the family which looked after him.

Read more
Friday, June 24, 2016

Fly tippers could face fixed penalties of £400 under new powers approved by East Devon District Council.

Read more
Friday, June 24, 2016
The Range is now open at Exmouth's Liverton Park much to Captain Range's delight. Ref exe 25-16SH 9725. Picture: Simon Horn.

Pictures of the new store

Read more

Local Weather

Rain

Rain

max temp: 18°C

min temp: 12°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