Life, Living It and Loving It

It’s All About Timing


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Is it really all about timing to be successful in property investing? It’s not.

In this episode of The Property Entrepreneur Podcast, Gordon discusses that recession, market crashes, and any other economic and political issues shouldn’t be the basis to decide if you’re going to invest or not. Yes, you should be knowledgeable of what to do during the circumstances, but remember that anytime can be a good time to invest in property. Listen to Gordon so you can learn how to strategize and plan on your next move.

KEY TAKEAWAYS

  • Gordon’s highlights of the week:
    • He finished a 5K run despite the heat.
    • He enjoyed a nice dinner with friends even though the service in the restaurant was really bad.
  • There should be no excuses when you want to start something, whether it be getting fit, starting a business, or finishing a book.  Stop doubting and just do it!
  • In terms of property, recessions, market crashes, or political change of scenery shouldn’t stop you from investing. There will always be a risk, so better start now.
    • “You don’t wait to buy property; you buy property and wait.” – Mark Homer, Co-Founder of Progressive Property
  • Don’t jump into it unarmed. Do your extensive research and due diligence beforehand. Then, plan.
  • 70/20/10 Strategy can be used as a tool to manage your money. 70% goes to your main strategy, 20% goes to your secondary strategy, and 10% goes to personal and business development.
  • Think about your exit strategy. Keep enough amount of cash available if ever recession happens again.

BEST MOMENTS

  • “You will never know, and you will never get there if you don’t start.”
  • “If you don’t start, you’re not gonna get the result.”
  • “Don’t try to plan for everything, but plan for the key things.”

VALUABLE RESOURCES

  • The Property Entrepreneur Podcast: Getting the Most From Your Property Training and Taking Ownership | Apple | Stitcher | Omny
  • Progressive Property
  • Grant Cardone
  • 10X Property Super Conference
  • ABOUT THE HOST

    Welcome to the Property Entrepreneur Podcast. We don’t know about you, but we’re fed up of being broke and relying on exchanging time for money working for others. Join Gordon Done on his journey to becoming a full-time property investor. You’ll get a no holds barred introduction to property entrepreneurship.

    It doesn’t matter if you’re completely new to property or you’ve been working in property for years; we’ll give you the tools you need to create a mindset for success. We’ll help you avoid any mistakes we make along the way while giving you the blueprint to any successes we achieve.

    Join us on our journey to becoming professional property investors and learn how you too, can become financially free through property entrepreneurship.

    “Financially free…Brick by Brick”

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  • Website: https://www.thepropertyentrepreneurpodcast.com/
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    Life, Living It and Loving ItBy Gordon Done