Word: whitfields
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Like innumerable young men before them, Peter Whitfield and Robert Tanner dreamed of making a pile of money fast without much work or capital investment. Unlike most, these two former Oxford economics students have succeeded. The inspiration that sent them on their way came to Whitfield in bed one night in 1962. He leaped up and began scribbling down his idea; then he called on his friend Tanner. After putting up $200 each, they established headquarters in one room of a small hotel owned by Tanner's family in Golders Green, a polyglot district of Northwest London. They were...
...Whitfield's brainchild was The Clubman's Club. It is designed to take advantage of Britain's stiff licensing regulations, which have led to a proliferation of "private" clubs. Gambling houses have to be licensed as clubs; so do any drinking places that stay open after 11 p.m. Anyone who joins Clubman's is provided with full membership in 400 not-so-choosy gambling, drinking, golf, tennis, striptease and other clubs, most of which charge a nominal yearly fee of $2.40 or more. Clubman's members, who pay $15 a year, receive little red booklets...
...Clubman's success has been low overhead. There is not much more to do than process memberships as they roll in, and a staff of six handles the work. Whitfield and Tanner spend only five hours a day on the job and devote the rest of the time to their homes, their wives and children. Their spartan personal office contains little more than two desks for the bosses. "It's just a place to sit," says Whitfield. "If we were all cluttered up, we couldn't be making money because we wouldn't have time...
...million, while profits reached $1,300,000. On the London market, its shares rose by 358% last year, making Clubman's Britain's second fastest growth stock (after Bolton Textile Mill Co., a firm that manufactures paper underpants). The joint holdings of Whitfield and Tanner stand close to $12 million...
Thursday, September 21 IRONSIDE (NBC, 8:30-9:30 p.m.). In "The Leaf in the Forest," Raymond Burr as Robert T. Ironside ensnares a psychopathic strangler who preys on lonely old women. Eve Whitfield, disguised as a 70-year-old spinster, acts as foil...