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Expense Reduction Analysts (ERA) announced the winner of its Highest Income Earner 2011 award as Derek Hodd.

Hodd, who has owned an ERA franchise for 11 years, was presented with the award at Expense Reduction Analysts National Conference 2011. Speaking of his achievement, Hodd said: “It is a most satisfying accomplishment gained from working on multiple projects for a considerable period of time.”

Hodd joined ERA in November 1999 after a successful career of working for over 20 years in the metals trading industry on a worldwide basis at Managing Director level.

Becoming a self-employed ERA consultant, he now enjoys an ideal work/life balance, often working from his holiday home in Spain, he said: “I am able to choose when I work, because of the work that I do, and with the internet and other technological advances, I am able to deliver projects while being away from the UK.”

Since joining ERA, Hodd has delivered numerous projects for a wide range of organisations with different requirements. He has contributed to various projects, specialising in print, secure cash handling, couriers, document storage and travel among other areas.

“It’s fair to say that the income I have made from joining Expense Reduction Analysts has been way beyond my expectations, I thought I would make a modest but comfortable living and have happily exceeded that,” Hodd added.

Speaking of the amount of money that he has earned in the past 12 months, Hodd says that although he has created a high water mark, he’d like to think that other consultants could achieve the same incredible results. Giving his advice to his fellow franchise owners hoping to achieve the same great success and perhaps win the award themselves. Hodd said: “With any project there may be complications and difficulties; the key to overcoming those issues is to figure out how is best to approach them while working towards the client’s best interest to deliver good results and a successful outcome.”


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