Infinite Wealth, the company that Perth property and investment guru Tim Guest started in 2011, has been named as one of Australia’s fastest growing new businesses.

 

The company was ranked 52nd in the 2014 BRW Fast Starters list, which was published on 22 October. The list reveals the country’s 100 fastest growing young companies, ranking them by total annual revenue. Infinite Wealth announced a turnover of more than $4million for 2013-14, representing growth of 45 per cent over the previous 12 months.

 

The company is the only WA property firm to make the prestigious list this year and one of just six WA businesses to earn a 2014 ranking. Mr Guest, Infinite Wealth’s managing director, said it was fantastic recognition for a company that was just four years old.

 

“Starting out with just a small client base, our business has gone from strength to strength in response to demand from everyday Australians looking for strategies to give them financial freedom,” Mr Guest said. Mr Guest grew up in a single-income family in Gosnells, bought his first property at the age of 23 and semi-retired as a self-made multi-millionaire at the age of 27.

 

Today, the 37-year-old is regarded as Australia’s leading financial educator, leading a team of 10 employees at Infinite Wealth, which donates 10 per cent of its profits to charity. Mr Guest has business interests in the areas of education, finance, investment, financial services, health, personal development, business development, property investment and development, and hospitality.

 

The BRW Fast Starters list features the nation’s fastest growing companies that are less than four years old, making their phenomenal success all the more extraordinary. The list is published in conjunction with the BRW Fast 100 list, which ranks the country’s top performers as an average revenue growth percentage and includes some of the nation’s most successful businesses.

 

BRW editor Michael Bailey said the Fast Starters and the Fast 100 represented the future for the Australian economy.

 

Source: Financial Review, 13/11/2014. Click here to view article