The HMO Property Show

Ep. 200 - It's Ok To Fail


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Two hundred episodes. Over 250,000 downloads. And the guest I had lined up for this one cancelled at the last minute.

So we pivoted. Which is a fancy way of saying I made something up and got on with it. And that turned out to be the perfect topic for episode 200, because the lesson was in the thing going wrong.

Failure is part of the process. Every business, every portfolio, every relationship worth having. None of it is a straight line. The question was never whether you'll fail. It's how you react when you do.

In this episode I cover:

. The ARM framework from my coach Ryan Tuckwood. Actions, reactions, mindset. The three things you can always control . WD40, Post-it Notes, Nintendo, Slack and Lamborghini. Household names built on the back of failed products, dead ends and someone else's rejection . My own $200k development loss. The four unit townhouse deal that didn't stack up, what I changed, and how I offset it with a joint venture subdivision . The four questions to ask yourself every time something goes wrong . Why the cost of inaction is more expensive than doing something wrong . The 80/20 rule for beginners. Why 80% of this game is psychology and how that flips as you do more deals

Thank you to every listener, every guest and everyone behind the scenes who has been part of these 200 episodes. It genuinely wouldn't be worth doing without you.

Every master was once a disaster. Every winner was once a beginner.

🎓 THE COLIVING CASHFLOW ACADEMY

The lessons are in the doing. The Academy is where you learn how to do it properly, so your first deal isn't a $200k lesson.

Enrol now at $4,995. Price moves to $5,995 from 1 August when live group calls start.

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👉 If you're serious about building wealth through property and want to see what's actually possible, this episode is a must-listen.

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Connect with The HMO Property Co: 🌐 Website: www.thehmopropertyco.com 📸 Instagram: @the_hmo_property_co 📘 Facebook: The HMO Property Co 🔗 LinkedIn: The HMO Property Co ▶️ YouTube: The HMO Property Co 🎵 TikTok: @thehmopropertyco_ 🎙️ Spotify: The HMO Property Show 🍏 Apple Podcasts: The HMO Property Show 🏘️ Living Rooms: livingrooms.com.au

🛑 Disclaimer: Nothing on this channel should be considered tax, financial, investment, or any kind of advice. Always do your own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for you. Our goal is to frequently feature actionable value, thought leadership, and property/investment strategies.

#hmoproperty #propertyinvestment #perthproperty #cashflow #realestate #investing #australia

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The HMO Property ShowBy Neil Gibb


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