Since the creation of Internet, young entrepreneurs have found different ways to make a fortune and earn money online. With this in mind, Andrew Michael has paved the avenues for others, who can follow his footsteps and make business for themselves. Simply put, Andrew not only makes money online for himself, but helps others to earn a living too. Some of his major contributions are Fasthosts, Bark.com and Livedrive, through which he has managed to make a name for himself in the industry of online business.
During his school days, young Andrew worked as a sales person for Carfinder. This was a reputed magazine in South West, which included vehicle advertisements in the area. Prospective buyers could see these advertisements and contact the sellers they were interested in. Andrew sold these magazines on a part-time basis to small business owners and direct customers.
In 1999, Andrew started Fasthosts as part of a school project at A-level. Later, it became a limited company in 2000, specializing in providing different kinds of online services to small businesses. In 2002, it became the 2nd fastest growing tech companies in the UK. In the year 2005, it made a £20 million turnover, and made a profit of £5 million. In 2006, Andrew later sold Fasthosts to United Internet, with a 75% stake that gave him £46 million. Andrew continued as the CEO till 2009, after which he left the company to establish LiveDrive.