‘Losing £100,000 in a business collapse made me the person I am today’

David Maxwell is a tourism entrepreneur whose Belfast-based micro-tourism company, Further Space, aims to establish up to 100 glamping pods in 20 locations across Ireland in joint partnerships with landowners.

Are you a saver or a spender?

To be honest, I am a little bit of both. I try to save whatever I can each month but I also like to spend. That said, I am conscious of never overspending on things I don’t need.

Do you shop around for better value?

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Once I have decided on something, I might spend a short amount of time looking for a good price but wouldn’t labour on it.

What has been your most extravagant purchase and how much did it cost?

I love music, so I recently purchased a Linn sound system, and I have to say that I’m in love with it. How much? All I’ll say is that it was a couple of thousand but, considering it is a real passion of mine, I don’t begrudge spending that amount. Back when I used to cycle, my pricey purchases were always bikes.

What purchase have you made that you consider the best value for money?

I think it would have to be my MacBook. My current one has lasted me six years and, with running a business, I always reckon spending a little bit more to keep things going smoothly is a wise decision.

How did you prefer to shop during the Covid-19 restrictions — online or local?

When possible, I always try to support local businesses. It’s something I am passionate about and always try to encourage through our business, too. Of course, during the pandemic, there were also a few online purchases made.

Do you haggle over prices?

It very much depends on the spend. If it’s a higher-value item, I will ask once. Other than that, if it’s fair value, I’ll purchase and move on.

How has the Covid-19 crisis changed your spending habits?

Like many families across Ireland, I reckon, we have decided to stay at home this year to help support local businesses and explore the amazing adventures that lie on our doorstep.

Do you invest in shares?

Yes, I do — Tesla and Microstrategy. I have also invested in cryptocurrency for the last two years — bitcoin, ethereum and cardano.

Cash or card?

Oh, always card! Like many people, I don’t really carry cash around with me anymore.

What was the last thing you bought and was it good value for money?

It was the Remarkable2 paper tablet and it was excellent value. I use it every day as it keeps all my handwritten notes digital. Just imagine — no more paper!

Have you ever successfully saved up for a relatively big purchase?

Yes, I saved up for a caravan in 2016. It was a big purchase for me, but a great decision.

Have you ever lost money?

Yes, in business it is part of the journey. In 2014, I lost a business due to external factors. It was tough, the loss was over £100,000, but it made me the person I am today.

Are you a gambler and, if so, have you ever had a big win?

I wouldn’t call myself a gambler, not really. My last bet was £10 on Rory McIlroy to win the Masters, but he came second.

Is money important to you?

Money comes and goes and of course, it serves a purpose but I’m not driven by it. I’m driven more by challenging myself and seeing the people around me thrive.

How much money do you have on you now?

Ha! No cash at all!

• In conversation with Tony Clayton-Lea