I was divorced and penniless when I was 22, but three years later I was a multi-millionaire
There’s no better way to move on from a breakup than to show an ex what he’s missing.
And Savannah Jordan, 27, certainly did that as her post-divorce transformation saw her go from eating one meal a day to save money to creating her own marketing empire.
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Savannah was just 18 years old when she founded her first company with her father, called See Jane Go, which she describes as “essentially Uber for women.”
The ride-sharing service only employed female drivers and targeted only female customers with the intention of making the experience safer.
After eventually selling the company, Savannah went on to work in the medical sales industry.
She transitioned into the marketing industry, but quickly saw her hours cut back due to the pandemic.
Read more about side hustles
When she divorced at the age of 22, she could barely pay the rent.
“[I was] eating one meal a day so I could literally feed my dog,” Savannah explains.
However, her next business venture allowed her to move out of her “tiny studio apartment” in just three years.
Savannah used her previous business and sales experience and launched her own freelance marketing agency.
By channeling her past successes into different sectors, she was able to guide other companies to do the same.
And so the WLF Creative Agency was born.
Since its founding in 2020, the company has achieved multiple seven-figure revenues, grown to a team of ten women, and served hundreds of brands.
Savannah credits the mentorship she received for the success of her business.
She also advised aspiring entrepreneurs to prioritize strategy, energy, consistency and production when starting out.
The CEO emphasized the planning that went into creating her multi-million dollar company.
Do I have to pay tax on my side income?
MANY people who feel strapped for cash increase their bank balance with a little extra.
The good news is that there are plenty of easy ways to make some extra income, but you have to know the rules.
If you are employed, the company you work for takes the tax on your earnings and pays HMRC, so you don’t have to.
But anyone who makes extra money, for example by selling things online or walking dogs, may have to do it themselves.
Stephen Moor, head of employment at law firm Ashfords, said: “Caution should be exercised if you earn extra income as it is likely to be taxable.
“The sideline activity may be treated as taxable trade income, which may include providing services or selling products.”
Through the trade deduction you can earn a gross income of up to € 1,000 per year tax-free, but you usually have to pay tax on this.
Stephen added: “You should register for a self-assessment with HMRC to make sure you pay the correct amount of tax.
“The applicable tax brackets and the amount of tax you must pay depend on your income.”
If you fail to file a tax return, you could later receive a surprise bill from HMRC asking you to pay the tax you owe – plus additional costs on top of that.
“What we did is pretty big, but it wasn’t by accident either,” she says.
“We were very intentional about the way we grew the business, we were very intentional about what we did and the strategies we used.
“[We were] Essentially, we treat our company as a marketing and sales machine.”
Savannah has also developed her own personal brand through her social media presence.
She uses her platform to share her ‘marketing girl next door’ tips to achieve success.
