£50,000 terms & Conditions


  1. 1.1  Definitions

  2. 1.2  “Conditions” means these terms and conditions set out in clause 1 (Interpretation) to clause 14 (General)


  3. 1.3  “Contract” means the contract between the Customer and the Supplier for the supply of the Courses in

    accordance with the Contract Details and these Conditions.

  4. 1.4  “Courses” means the courses run by the Supplier as further set out in the Contract Details.

  5. 1.5  “Intellectual Property Rights” means patents, rights to inventions, copyright and related rights, moral rights,

    trademarks and service marks, business names and domain names, rights in get-up and trade dress, goodwill and the right to sue for passing off or unfair competition, rights in designs, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how and trade secrets) and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.

  6. 1.6  “Price” means the price payable by the Customer for the provision of the Courses by the Supplier, as set out in the Contract Details.

  7. 1.7  Interpretation

    1. 1.7.1  Unless expressly provided otherwise in this Contract, a reference to legislation or a legislative provision:

      1. (a)  is a reference to it as amended, extended or re-enacted from time to time; and

      2. (b)  shall include all subordinate legislation made from time to time under that legislation or

        legislative provision.

    2. 1.7.2  Any words following the terms including, include, in particular, for example or any similar expression

      shall be construed as illustrative and shall not limit the sense of the words, description, definition,

      phrase or term preceding those terms.

    3. 1.7.3  A reference to writing or written includes email but not fax.


  1. 2.1  Upon entering the competition and submitting an application you are deemed to have agreed to enter into a contract with the company

  2. 2.2  The Contract shall commence on the date it has been submitted by the customer (Commencement Date).

  3. 2.3  If there is any conflict or ambiguity between the terms of the documents listed in paragraph 2.3, a term contained in a document higher in the list shall have priority over one contained in a document lower in the



  1. 3.1  The Customer acknowledges that the Investment of up to £50,000 is designed to provide an investment into their business and no other financial risk is undertaken by the company

  2. 3.2  The Supplier makes no representation or promise as to the financial success or risk of any decision made by the Customer, following the Customer’s receipt of an investment.


4.1 The Customer shall:

  1. 4.1.1  co-operate with the Supplier in all matters relating to the Investment;

  2. 4.1.2  ensure that his/her details in the Contract Details are complete and accurate;

  3. 4.1.3  provide the Supplier with such information and materials as the Supplier may reasonably require in

    order to supply the Investment to the Customer; and

  4. 4.1.4  provide the Supplier with constructive feedback in the event of the Customer having any issues with

    the Investment and address these to [email protected] and refrain from making any public

    comments relating there to.

  5. 4.1.5  Provide true and accurate accounts upon request by the company in accordance with terms and

    conditions and the rules of the Investment detailed in section 5


  1. 5.1  ALC Consulting (London) Ltd will Invest up to £50,000 in cash towards successful candidates businesses

  2. 5.2  The investment may be spread across multiple businesses

  3. 5.3  The investment is not to seen as a gift or loan

  4. 5.4  The investment will be provided as an investment into the successful candidate’s business and will be done

    in exchange for a negotiated % of the shares of that business.

  5. 5.5  The Investment will be repaid to ALC Consulting (London) Ltd at an agreed interest rate and over an agreed

    time period as per negotiations to any successful candidate and secured within an additional contract

  6. 5.6  Any investment will be documented and all contracts and agreements legally drafted by ALC Consulting

    (London)Ltd appointed legal team

  7. 5.7  Both parties are responsible for their own costs in drafting these contracts

  8. 5.8  ALC Consulting (London) Ltd does not guarantee to invest if the applications are not suitable. We reserve the

    right to withdraw the investment offer at any time and at our discretion.

  9. 5.9  ALC Consulting (London) Ltd will hold the £50,000 cash investment in a bank account and this is available for

    purposes of proof at any time by an applicant.

  10. 5.10  The investment will be made only once legally drafted contract signed by both parties has been drafted

  11. 5.11  Any investment will be made only to a UK Based business bank account

  12. 5.12  Any successful candidate will have to adhere to Anti money laundering regulations and as such checks will be

    carried out to ensure compliance.


  1. 6.1  The Supplier and its licensors shall retain ownership of all Intellectual Property Rights in or arising out of or in connection with the Courses.

  2. 6.2  The Customer shall not use (other than during the Courses), copy, exploit, modify or otherwise make use of the Supplier’s Intellectual Property Rights.


  1. 7.1  Each party shall not at any time disclose to any person any confidential information concerning the business, affairs, customers, clients or suppliers of the other party. The Customer shall not pass on or disclose any strategies, plans, tactics, schemes, systems or information provided to them as part of the Courses.

  2. 7.2  The Customer shall not (whether in a personal or business capacity) provide services similar to the Courses and/or carry on or be employed, engaged or interested in any business which would be in competition with any part of Supplier’s business of providing similar training courses from the Commencement Date until the date 12 months after the date the Customer attends its last Course.


8.1 The Customer shall not at any time represent himself/herself as connected with the Supplier (other than to say he/she received the Courses from the Supplier).


  1. 9.1  Promotional filming and photography may occur during the Courses. The Customer must inform the Supplier if it does not wish to be filmed or photographed.

  2. 9.2  Further information about how the Supplier uses the Customer’s personal data (including for the purposes set out in clause 10.1) is available in the Supplier’s Privacy Notice at https://www.elite-entrepreneurs.com/policies/privacy-policy/.


  1. 10.1  The Supplier has obtained insurance cover in respect of its own legal liability for individual claims not exceeding £5,000,000 per claim.

  2. 10.2  Nothing in the Contract limits any liability which cannot legally be limited, including but not limited to liability for: (a) death or personal injury caused by negligence; (b) fraud or fraudulent misrepresentation; and (c) breach of the terms implied by section 2 of the Supply of Goods and Services Act 1982 (title and quiet possession).

  3. 10.3  Subject to clause 11.2, the Supplier’s total liability to the Customer (including liability in contract, tort (including negligence), breach of statutory duty, or otherwise), arising under or in connection with the Contract shall be limited to the total Price paid by the Customer to the Supplier.

10.4 Subject to clause 11.2, the Supplier shall not be liable for the following: (a) Loss of profits (b) Loss of sales, investments or business, (c) Loss of agreements or contracts, (d) Loss of anticipated savings, (e) Loss of use or corruption of software, data or information, (f) Loss of or damage to goodwill, (g) any loss or damage which is indirect or a side effect of the main loss or damage and which the Customer and the Supplier could not anticipate nor expect to happen when the Courses started, for example if the Customer loses salary or any opportunity.

10.5 This clause 11 shall survive termination of the Contract.


11.1 The Supplier may terminate the Contract by giving the Customer 30 days written notice.
11.2 The customer may not cancel the agreement once agreed and signed by both parties until The investment

has been repaid including all interest and charges incurred
11.3 Upon cancellation of the contract both parties are responsible for their own legal costs and associated costs

for an amicable seperation
11.3.1 termination or expiry of the Contract shall not affect any of the rights, remedies, obligations,

or liabilities of the parties that have accrued up to the date of termination or expiry, including the right to claim damages in respect of any breach of the Contract which existed at or before the date of termination or expiry.


12.1 The Customer shall submit any feedback, questions, or complaints regarding the investment, to the Supplier at [email protected] The Supplier will deal with all questions or complaints as quickly as possible and will use best efforts to find a satisfactory solution.

12.2 The Customer shall refrain from publishing any complaints, comments or feedback on public media which is false or likely to cause serious harm to the reputation of the Supplier.

13.1 Force majeure. Neither party shall be in breach of the Contract nor liable for delay in performing, or failure

to perform, any of its obligations under the Contract if such delay or failure result from events,

circumstances or causes beyond its reasonable control.

13.2 Assignment and other dealings.

13.2.1 The Customer shall not assign, transfer, charge, subcontract, declare a trust over or deal in any other manner with any or all of its rights and obligations under the Contract without the Supplier’s prior written consent.

13.2.2 The Supplier may at any time assign, transfer, charge, subcontract, declare a trust over or deal in any other manner with any or all of its rights under the Contract.

13.3 Entire agreement.

13.3.1 The Contract constitutes the entire agreement between the parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations, and understandings between them, whether written or oral, relating to its subject matter.

13.3.2 Each party acknowledges that in entering into the Contract it does not rely on and shall have no remedies in respect of any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in the Contract. Each party agrees that it shall have no claim for innocent or negligent misrepresentation or negligent misstatement based on any statement in the Contract.

13.4 Variation. No variation of the Contract shall be effective unless it is in writing and signed by the parties (or their authorised representatives).

13.5 Waiver.

13.5.1 A waiver of any right or remedy under the Contract or by law is only effective if given in writing and shall not be deemed a waiver of any subsequent right or remedy.

13.5.2 A failure or delay by a party to exercise any right or remedy provided under the Contract or by law shall not constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under the Contract or by law shall prevent or restrict the further exercise of that or any other right or remedy.

13.6 Severance. If any provision or part-provision of the Contract is or becomes invalid, illegal, or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible; the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause 14.6 shall not affect the validity and enforceability of the rest of the Contract.

13.7 Third party rights. The Contract does not give rise to any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of the Contract.

13.8 Governing law. The Contract, and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation, shall be governed by, and construed in accordance with the law of England and Wales.

13.9 Jurisdiction. Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with the Contract or its subject matter or formation.


14.1 To enter the competition the client must:
a. Enter the competition using the approved application form only
b. Use instagram and Facebook to share and comment on this challenge with your friends using the following methods
i. Share the promotional video

14.2 No Property, Investing or Crypto currency business will be considered

ii. You must tag at least two of your friends in your post iii. You must use at least one following hashtags

  1. #£50kchallenge

  2. #6Figurespeaker

c. You must purchase Alasdair’s latest book 6 Figure Speaker from www.6figurespeaker.com. this is £3.99 inclusive
d. You must attend the The Six Figure Speaker Summit before december 31st 2021 – this costs £1


15.1 You will be asked to provide evidence of any claims you may make on your application
15.2 You will be able to submit a complete business plan if you’re successful to the shortlist candidates 15.3 You agree to a full disclosure and give full permissions to ALC Consulting (London) Ltd to use any footage they obtain during the process
15.4 You further acknowledge that you will not be entitled to any compensation / payment / royalties from any of the footage, documentary, challenges or revenue created from this challenge
15.5 Any profit made from the investment into your business is exempt from section 15.4
15.6 You agree to take part in a series of challenges if you become shortlisted and make yourself available for these dates – the dates of which will confirmed on January 4th 2022
15.7 A shortlist of successful candidates will be announced on January 4th 2022
15.8 If successfully shortlisted you will be invited to a venue of which is TBC for an interview process, This will take place January 14th 2022 9am – 5pm – No late entries will be accepted – No exceptions
15.9 You agree to complete and sign a non disclosure agreement if you are successfully shortlisted.