The Apprentice stars call for more financial advice as online businesses surge

‘Crucial that young entrepreneurs receive the right guidance to manage their finances’

Sahar Nazir
clock • 2 min read

Stars of The Apprentice Raj Chohan and Reece Donnelly have highlighted risks of sudden wealth among young entrepreneurs and urged influencers to take financial advice.

In a panel discussion hosted by Flex and The City yesterday (2 April), Chohan and Donnelly, former candidates from BBC One's The Apprentice, spoke out about the increasing need for financial advice as more businesses emerge from social media platforms. Chohan, who appeared on the show's 18th series, highlighted  a surge in online entrepreneurship due to the ease of starting a business on social media platforms like TikTok. She pointed out the potential dangers of viral trends that encourage excessive spending, particularly on luxury items like designer bags from fashion houses such as...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Professional Adviser TV: Creative ways to tackle the advice gap

Professional Adviser TV: Creative ways to tackle the advice gap

With Octopus Money CEO Ruth Handcock and financial adviser Kristian Manton

Professional Adviser
clock 25 April 2025 • 1 min read
Economic secretary confirms wholesale ISA review as experts demand sweeping reform

Economic secretary confirms wholesale ISA review as experts demand sweeping reform

LISA reform front and centre

Beth Brearley
clock 24 April 2025 • 2 min read
 MorganAsh introduces customer support tracking to vulnerability platform

MorganAsh introduces customer support tracking to vulnerability platform

Recording suggested next steps

Jaskeet Briah
clock 24 April 2025 • 2 min read