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How This British Entrepreneur Found Happiness After Hitting Her Lowest Point

How This British Entrepreneur Found Happiness After Hitting Her Lowest Point

The path to British entrepreneur Michelle Mone’s success was far from simple. This 15-year-old dropout would go on to build Ultimo, her $70 million lingerie empire and UTan, a line of self-tanning products.

Unfortunately, success doesn’t always come with instant happiness: Mone’s ex-husband and former business partner cheated on her with one of her own designers. This low point in her life drove her to drink excessively. Despite this personal tragedy, Mone was able to turn her life around and save the business she created. The millionaire sat down with Business Insider to discuss her new autobiography “My Fight to the Top.”

On the choice to share her personal story:

“What happened in my personal life affected my career too. I am not perfect and I have made a lot of mistakes and hopefully this will inspire people who read the book. Being an entrepreneur is incredibly lonely. There were many hurdles along the way. From starting out, to making it, and almost losing it, to fighting back, to nearly losing it all again.”

The joys of mentoring:

“I tell people that don’t have to look like a supermodel but you have got to feel your best, look your best, and be confident.“

Her secrets to success:

“The secret is to try and do 75% of the things you're really passionate about and maybe 25% doing the shitty jobs that have to be done. For instance, I hate doing the finance side but it's got to be done. Admit your weaknesses and celebrate your strengths.”

How she learned from her biggest mistake:

“I suppose one of my biggest mistakes was letting my husband join the business (three years after it started). I think if we had ground rules from the start then it would have been fine but, you know, when you go into business with family or friends, it won’t work unless you have those rules.”

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