How University Drop Out Made £2 Million And He’s Telling Others To Do The Same

A university drop-out has built a £2,000,000 investment trading business within 12 months of quitting his course.

Jake Lee, 20, said further education was ‘one of the biggest cons in the world’ and he has encouraged others to take a risk and quit their course.

Jake left midway through his economics degree at Loughborough University.

Jake Lee, 20, has built a £2 million business within two years of dropping out of university (Picture: Gary Stone)

He launched a business called Improve Your Future, which helps people make profits trading currency online.

Jake now drives a £120,000 BMW i8 and has offices in Canary Wharf, London. He said: ‘I had an amazing time at university and it was a big life experience – doing your own washing up and cooking dinner.

I was always a mummy’s boy and never experienced it before. ‘It made me grow up, but I was going out all the time and I lost my focus for business.

‘I’d say to others at university to sit there and think about the process you’ve been through to this point. ‘All it is about is passing exams, from GCSEs to A-levels and your degree.

‘It’s one of the biggest cons in the world. Society makes us believe it’s the right thing to do – I fell for it. ‘You have to be brave and take risks.

Jake now drives a £120,000 car and has seven full-time staff (Picture: Gary Stone)

It’s changed my life.’ Jake, from Borden, Kent, now employs seven permanent staff – all aged under 25 – and 13 other freelance workers, with plans to make more full-time roles in the coming months.

He dropped out in the second year of a four-year-course and began renting a desk at £150 a month. The trading business took off and was recently valued at £2,000,000.

He plans to increase that five-fold by the end of the year.

Improve Your Future trades in the foreign exchange market and he has more than 2,000 clients. He said the aim is to give novices the chance to make cash in the trade.

While Jake now has a lavish lifestyle, he dislikes the comparisons to the party-loving, money-making Wolf of Wall Street, Jordan Belfort.

‘I don’t like that,’ Jake said ‘because Jordan Belfort did everything for himself. I want to help people.

That’s the best feeling out of everything. I look into the office and see 10 guys of a similar age to me – a couple who I’ve known my whole life – working insanely hard and they’re amazing.’

Jake said he doubted himself while studying at Borden Grammar School, Kent, because he was predicted D grades for his GCSEs.

However, he said he didn’t want to let his family down and he began to work extremely hard – something he continues to do.

He added: ‘I don’t lift my head from work and think ‘look what I have at this age. ‘I just keep knuckling down.

I think the reason people fail in life is because they lift their heads. ‘I might have nice possessions but I want to strive for more.’

Jake added: ‘In five years I want the business to be worth £100 million. I know what I want and I know I am going to change this industry.’