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The Business of Luxury – Must-Have Products for the Discerning Entrepreneur

When success has led to being able to afford the finer things in life, you soon discover that luxury purchases are not only about indulgence, but also as a statement of all you’ve achieved, and your discerning taste. Not only this, but they can make your life easier and far more enjoyable, which, when you think about it, is all any of us are after.

In this article, we’ll explore some of the must-have luxury products that go beyond mere status symbols to enhance the lifestyle of a successful entrepreneur such as yourself. This includes luxury vehicles, private jets, exclusive watches, and boats.

The ultimate luxury vehicles

You’ve got things to do and places to be as an entrepreneur, so it makes sense to have the right transportation, and your success means that you can afford to do it in style. Whether you prefer the understated but still high-spec models produced by the likes of BMW, Audi, Mercedes, and Range Rover, or you prefer out-and-out head turners like Rolls-Royce, Bentley, and Lamborghini, your car can make the world of difference.

The type of vehicle you drive can also have an impact on networking, brand representation, and can make a powerful first impression, so ensure you choose one that accurately reflects your image. Don’t forget, too, the practical considerations you need to make, such as the driver convenience features that will make your busy working life easier.

Taking to the skies with private jets

Private aviation can open up the world in ways that no other mode of transport can manage, and are a must have for entrepreneurs who do overseas business on a regular basis; video calls are fine, but often you need to be there in person. For time efficiency and privacy, it has to be a private jet.

For short to medium distances, light jets are fine, but if you do lots of intercontinental travel and don’t fancy the fuel stops, you should be looking at heavier jets; top manufacturers include Gulfstream, Bombardier, and Dassault Falcon.

If outright purchase of a private jet seems like an expense too far, but you still want the benefits of access to one, consider fractional ownership; for a portion of the cost, you can share a jet with other business owners.

Brighton’s Lanes are full of luxury boutiques and high end jewellers

 

The prestige of time: exclusive watches

A watch can be something of a ‘timeless’ investment, as well as a statement of your success and style. Luxury watch brands such as Rolex, and Audemars Piguet are examples of watches that are as eye-catching as they are aspirational, and hold their value at the very least, often increasing over time, in fact.

You may want to consider different watches for different occasions, if you can; the timepiece you wear for a business meeting may be different from the one you wear at the airport, for example.

Sailing into success: the luxury of owning a boat

We’re veering away from the practical but very much towards the enjoyable; some would argue that any successful entrepreneur needs a yacht. There’s an allure and exclusivity to owning a yacht or luxury boat, with both leisure and networking opportunities afforded in a private and luxurious setting.

If you live in the south of England, there are plenty of opportunities to own a boat, and have regular access to it – take the marinas in Sussex, for example. Simply by searching for boats for sale in Chichester, for example, can bring up retailers of boats from top yacht manufacturers like Haines, Interboat, and Corsiva.

The future of luxury: trends to watch

Of course, trends are changing all the time, and while some of the fundamentals of luxury purchases are somewhat timeless, the products you find within them will vary. For example, you should expect to see  sustainability, technology integration, and personalisation come to the fore – cars, for example, may become largely electric.

To conclude

These key luxury items are some of the most relevant to the modern entrepreneur, and aren’t simply about showing off, but instead enhancing one’s lifestyle and business success. Before diving into a big purchase, consider how these luxury items could benefit both your business and personal life, so you can  confidently make the investment.

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