Pic: John Stephenson (right) and Sam Cassem (second left) won Global Travel Group’s 2014 newcomer of the year award
YourTravel Group director John Stephenson has vivid memories of setting up the business and first-class specialist in 2014. “The first few weeks were crazy. My son Arnie was born two weeks after we launched, so it led to many sleepless nights, and a few grey hairs appearing.”
The sheer determination and 70-hour weeks put in by Stephenson and fellow founder and director Sam Cassem have clearly paid off. Turnover in year one was £1.2 million, and the team is on target to hit £2.4 million when their second year ends in July, with an average booking value of £5,500. “We sleep well,” Stephenson laughs. “But we invest every penny on wages or back into the company.”
The duo met while working as sales brokers at DialAFlight, after Stephenson had spent three years in recruitment, and Cassem worked in estate agency sales.
In early 2014 the pair were living together when Cassem offered to remortgage his house to invest in Stephenson’s business plan. Stephenson describes the following months as transformative: “We’d had bachelor lifestyles – out every weekend without a care. Then we both settled down with partners and spent four months setting up the business. We really grew up.”