Toby Dixon ā Private Equity Fund Founder āEntrepreneurs can be graduates tooā
Toby Dixon, a self-made multi-millionaire and now private equity fund founder, came to Āé¶¹AV to study Business Studies and Marketing.
Whilst in Bangor, Toby also operated as an entrepreneur - working around the clock alongside his studies, before graduating in 2002. After 20 yearsā experience in business, he sold his recruitment business for over Ā£30m. Alongside some other high profile business interests, he is now running , a private equity fund exclusively for entrepreneurs, enabling them to achieve greater profitability, controlled growth and successful exit processes for founder-owned business.
Tobyās many accolades include the Queenās Award for International Trade and European Business Awards winner in 2019. He is regularly featured in industry publications, and has had consecutive listings in FT 1000, the Financial Timesā annual ranking of Europeās fastest growing companies. Toby has built up high profile connections in the business world: ā.
Toby Dixon said: āI discovered a passion for being an entrepreneur very young. Thereās this perception that entrepreneurs all left school at 16 and have a rags-to-riches success story, but Iām an outlier - entrepreneurs can be graduates too.
Above: Toby Dixon
āI nearly dropped out of Āé¶¹AV to run a computer distribution business from a bedsit, but I decided to stick it out. I knew that Iād be taken more seriously with a degree, and Iām really glad that I graduated. Iāve been following Bangor Business School over the years, and I can see that it has some great alumni and international connections now.
āMy top tip for students is to work hard āoutsideā of your studies ā not just on your course, but to get real-world experience in the workplace while youāre at university. Iāve hired hundreds of graduates over the years, and you can always tell the ones who had a job while studying. Employers want people who will stick at a task and Iām a firm believer that hard work trumps talent.
āWork hard, commit and donāt quit ā these are mantras that have served me well in life.ā
āIt's a highly competitive recruitment market out there ā I worry about what the future will hold for my childrenās generation if they donāt strive harder than their peers. The road to success is always bumpy: you need to have a seriously hardcore work ethic to succeed at the highest level. A glossy education simply isnāt enough anymore.
āOf course, life as a successful entrepreneur does afford the good things in life and you should aim high. That said, my life is not all Ferraris and helicopters - giving something back is really important. I always enjoyed the rivalry between the Welsh and the English playing rugby while at Āé¶¹AV, and I now coach my local under 9s rugby team as well as a SEND disability team. Iām also looking forward to becoming a mentor through the Princeās Trust so that I can discover and support the entrepreneurs of the future.ā
If you would like to learn more about setting up in business and becoming a successful entrepreneur, Bangor Business School is launching a new degree for September 2024: BSc Business Enterprise and Entrepreneurship
Discover more about other courses in Business and Marketing at Bangor Business School