When working with investors you could be working with a family member, friend or professional investor. Gordon provides us with a detailed explanation of the 2 different types of investors in this informative episode.

Anyone you meet could be a potential investor so listen in to find out who you could be working with.

KEY TAKEAWAYS

Non-sophisticated investors;

• Family, friends or solopreneurs that you’ve met through your network
• When you are working with non-sophisticated investors you can only do this through a personal loan.  
• It is illegal to do a joint venture deal with non-sophisticated investors

Sophisticated investors;

• Venture capitalists, angel investors and private investors.
• There are a specific set of criteria you have to meet to qualify as a sophisticated investor;
• Earning in excess of one hundred thousand per year.
• Net assets to at least the value of 250,000 pounds excluding your primary residence
• Have made 2 unregulated investments in the last 12 months.
• When you are undertaking a Joint Venture, you must ensure the investor is a sophisticated investor as it is illegal to undertake this type of collaboration with a non-sophisticated investor.
• It is important to make sure you take the time and effort to understand the details and set up your investments correctly.

BEST MOMENTS

‘There is a very big difference between the 2 types of investors’

‘When you are talking about investments it doesn’t just have to be money, it may be specific skills that could drive you forwards’

‘Anyone you meet could be a potential investor’

VALUABLE RESOURCES

The Property Entrepreneur Podcast

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”

CONTACT METHOD

https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/

https://www.instagram.com/thepropertyentrepreneurpodcast/

https://www.thepropertyentrepreneurpodcast.com/

[email protected]

In this episode, Gordon reflects on the lessons learnt from working towards and achieving his goals for running a half marathon and discusses the importance of adapting to enable you to not only survive but to thrive.

If you are on your journey as a property investor listen in now to hear Gordon’s advice.

KEY TAKEAWAYS

Learning from the half marathon

• I completed the full distance 13.1 miles prior to the race. It was a challenge to achieve the distance and a mental hurdle to overcome.
• I had set 3 tiers of goals to achieve and during training was able to achieve and move through the tiers. On race day I reframed my goal based on prior experience and was able to complete the race in 1 hour 53 minutes and 16 seconds.
• I beat my previous time and my last miles of the race were my fastest!
• It was the processes I put in before the race that helped me to achieve my goal. The environment was a very positive factor and helped all the runners.
• It was about focusing on training and doing the right things consistently.

The Japanese housing market

• Currently, in Japan 8.4 million homes are vacant, many are future homes or vacation homes however they are continuing to build houses even though the country has a shrinking population.
• Property developers and entrepreneurs are continuing to make money and have altered and adapted with their strategies to focus on the current gaps in the market.  They are now looking to the rise in the holiday home market.
• We go through property cycles and at each phase of the cycle, there are opportunities to make money. If you are able to change and adapt you should be able to not only survive but thrive in the market.

BEST MOMENTS

‘If you make a mistake it’s important to learn from it so you can make changes moving forward’

‘It is about the process, not the outcome’

‘It helps me to focus on the most important things’

‘Even if you run into problems you have to get back on schedule and stay consistent’

VALUABLE RESOURCES

The Property Entrepreneur Podcast

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”

CONTACT METHOD

https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/

https://www.instagram.com/thepropertyentrepreneurpodcast/

https://www.thepropertyentrepreneurpodcast.com/

[email protected]

In this episode, Gordon discusses the importance of networking, and the value in communicating effectively with estate agents.

What is the best approach to take when talking to estate agents, and which questions should you be asking? By knowing the best way of communicating with this vital area of property investment, you’ll learn how to maximise the impact they can have on your business.

Plus, how can we ensure that our patience is never tested? By realistic management of our expectations, can we see to it that our goals are always met?

KEY TAKEAWAYS

• Creating a rapport with estate agents is important, and should be nurtured immediately. Simply chatting and catching up with estate agents in your local area, even on a personal, friendly basis will improve your standing.

• Personal visits can work better than phone calls. Most communication takes place physically, so a much greater rapport can be created by talking to an estate agent in person.

• Do they have any properties that have been on the market for quite some time? Identifying properties that aren’t selling quickly may indicate overpricing or a project that requires a lot of work to make suitable. These issues may be ones that you are specialised in dealing with, which will make these “problem properties” a far more attractive deal to you personally.

• Do you have any properties that are both for sale and to rent? People offering a property up for sale and rent are generally in need of a quick cash flow. Perhaps you can help to install a tenant into the property, or even acquire the rental as a deal to pass on to someone looking to invest in a let.

• Do you have any empty properties? Vacant properties are generally caused by a seller moving to a new property before their old one is sold. This can mean that the seller is more motivated, and can be open to more creative ways of offloading the property to you.

• Do you have any seller who keep calling the office for updates? Sellers calling often for progress updates indicates a seller that needs instant movement. Sellers like this are easy to deal with, and will be motivated to make the sale go through quickly.

• Do you have any properties listed with multiple agents? Again, this will indicate that the owners/sellers have struggled to achieve momentum in their sale. By viewing these properties you can identify issues that the property may have, and it may open up opportunities for creative ways to acquire the property.

• Setting yourself a realistic timeframe at the beginning of any project will help you to focus your patience levels. If a project is expected to take twelve months, and it does, then this project requires little patience because your goals were clear at the outset. Remember that you only need patience when something takes longer than it should.

• This outlook on patience can be applied to all areas of life, whether its professionals or personal. By setting realistic expectations up front, we can better manage our patience levels. You can manage this better by taking advice from people who’ve walked the path before you.

BEST MOMENTS

‘It’s important to learn from other people and set yourself up for success with the right people’

‘Building relationships in person makes you a little bit more memorable’

‘The longer a property’s been on the market, the more open they are more creative ways of selling’

‘I like the idea of working with the process’

‘Set goals based on the process, not on the outcome’

‘You only need patience when something takes longer than it should’

‘Why would you ask for advice and then ignore it?’

VALUABLE RESOURCES

The Property Entrepreneur Podcast

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”

CONTACT METHOD

https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/

https://www.instagram.com/thepropertyentrepreneurpodcast/

https://www.thepropertyentrepreneurpodcast.com/

[email protected]

‘It’s vital that you have calculated not estimated what your highest amount is’ 

Gordon explains how to accurately calculate the highest amount you should purchase a property for and the importance of sticking to this figure. 

He offers advice on the difference between purchasing your dream home and a Property for your portfolio. Listen in to find out more about property purchasing and what Gordon has been doing in preparation for the upcoming half marathon. 

KEY TAKEAWAYS 

• It's important to take the time to switch off and relax so your productivity doesn’t drop and you don’t burn out. 

• If you are someone who finds it difficult to complete things being aware of this and focusing on finishing each task before starting something else is vital. 

• When looking at purchasing any property you will need to consider what is the highest amount you are able to offer. 

• You need to look at what finance you have available. If it is a personal purchase you need to explore what is available to you and what you can borrow. 

• If you are looking to calculate your highest bid amount for business property to add to a portfolio then the amount is based on profitability.  

• How long it will take for the property to make a return on the amount you have invested in it. 
• You must look forward,  what will be the situation in a month’s time? what is the impact? will the pain be worth it over the short term for a long-term gain? 

• The answer like many answers is it depends on the individual situation 

BEST MOMENTS 

‘If it was a personal property purchase it might be worth the pain if it was the 

perfect property’ 

‘It’s important to know the impact of the risk’ 

‘I like to focus on several different things at the same time’ 

‘Always stay on the side of calculated risk’ 

VALUABLE RESOURCES 

The Property Entrepreneur Podcast 

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” 

CONTACT METHOD 

https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/ 

https://www.instagram.com/thepropertyentrepreneurpodcast/ 

https://www.thepropertyentrepreneurpodcast.com/ 

[email protected]  

Following last week’s episode focusing on different tenant types this podcast is about where you can find and advertise to attract different types of tenant and the importance of self-confidence and self-belief for every individual.

In the weekly update, Gordon reflects on the importance of goal setting as he continues training for a half marathon and why temporary pain suffered, whether physically or in connection with your business can be worth it, listen in to find out more.

KEY TAKEAWAYS

• To successfully attract different tenant types, it is vital to know and understand where and how to advertise your property.

Students

• Advertise on the notice boards within the college. Get in touch with the college housing team and let them know what accommodation you have.
• If you already have student tenants then offer them a token of appreciation or a small cash bonus if they can find you tenants.

Professional tenants

• Approach and establish relationships with companies who may have employees looking to rent.

Families

• If you are looking for families then advertising through online estate agents and bricks and mortar estate agents will be successful in locating families who are seeking a rented property.

What is self-confidence and self-esteem?

• If you keep your promises to yourself your confidence will increase.
• People lose self-confidence when they let themselves down continually.
• If short term goals are set and you do not achieve them on a regular basis you lose momentum and your self-confidence is lowered until you reach a point where you are unable to see yourself doing or achieving anything.
• Have the belief in yourself, it’s not other peoples' responsibility to believe in you or understand what you are trying to achieve.
• It’s about having a view of the future.

BEST MOMENTS

‘As training has been successful and I  have made great improvements I have updated my goals’

‘If the outcome or results outweigh the pain then it is worth  getting through the pain’

‘It’s about getting out there and doing it’

‘It’s crucial to have self-belief ‘

VALUABLE RESOURCES

The Property Entrepreneur Podcast

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”

CONTACT METHOD

https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/

https://www.instagram.com/thepropertyentrepreneurpodcast/

https://www.thepropertyentrepreneurpodcast.com/

[email protected]

Consistency is King in everything that you do so you don’t let success and victory slip away from your hands.

In today’s episode of The Property Entrepreneur Podcast, Gordon focuses on the topics of tenant profitability and the importance of consistency in everything that you do. In terms of tenant profitability, it pays to know what are the tenant types, what the area’s demographics are, and how much profit do you need to be sustainable. It’s okay if you have to change up the setup in your property; you have to be observant and strategic, so your property business continues growing.

In the last part, we also discuss consistency. Being consistent is a characteristic that should be possessed not just for people in business, but for everyone who wants to improve their career, their relationships, and themselves.

All of these will be discussed and more when you tune in!

KEY TAKEAWAYS

• Gordon’s highlight of the week:
  • He has been running consistently for the last four months now.
  • His advice is to know your limits and plan accordingly. Don’t overdo it.
  • He had a bad experience in a restaurant. It helps everyone that to move up in their career is to have the ‘owner’ mindset rather than the ‘worker’ mindset.

Tenant Profitability

• You can have a different amount of profits depending on the type of tenants that rent your property. For example, student rental will be lower than a professional rental.
  • Each tenant type has its pros and cons. Make sure to do your research.
  • Remember that you can change your market anytime especially when you’re having problems with the current setup. Observe the demand in the area and your needs also.
  • You can work with the Local Council so you can house people on benefit schemes.
• In business, an avatar is an ideal customer. It’s created with a complete background, interests, and specific issues. Think about it so it can be the basis of your plans.

Consistency

• Break down the bigger goals into smaller goals, and always celebrate the small wins. Those small wins also mean that you’re getting close and closer to your big goal, so be consistent on getting those small wins.
• When you take action, make sure to do it regularly – daily, weekly, etc.
• In the property world, try to see 10 real estate agents a month. If it has become comfortable, then increase the number on the next month. Just remember to do it consistently, so you don’t miss out on opportunities.

BEST MOMENTS

• “Just because you can do more, it doesn’t mean necessarily that you should.”
• “When you’re in a job, you should be operating in an ‘owner’ mindset, not a ‘worker’ mindset.”
• “It’s worth having to think about your tenant type and how will that reflect on your strategy.”
• “If you’re not consistent at getting the small wins, then you’re not going to achieve those bigger goals.”
• “It’s the consistent actions that take you to the next level.”

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”

CONTACT METHOD

• FB: https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/

“Insanity is doing the same thing over and over again and expecting different results.” – Albert Einstein

It’s not repetition that yields the best outcome. Yes, you have a carefully planned process in place; but what if it does not fit anymore? What if it’s not making any more significant results?

Then it’s time to tweak it or do something new.

So, in this episode of The Property Entrepreneur Podcast, Gordon suggests that you evaluate your processes and look for things that can be changed or improved. It does not matter if you’ve done them a million times over; if you’re not progressing and stepping up a level, then you have to go back to the basics and think of something new.

KEY TAKEAWAYS

• Gordon’s highlight of the week:
  • Two of his longest runs this week were the seven-mile run last Friday and the eight-and-a-half mile run last Saturday.
  • Progressing nicely and doing well in preparation for a half marathon in May.
  • Change to a healthier diet.
• If you’re going to do the same processes, then you’ll be most likely to get the same results. You need to tweak things up, try different iterations, and evaluate what’s the best solution.
• Do an introspection. What areas of your life do you need a little bit of a boost? Sometimes it’s not just pure effort and consistency that you need. Go back to the basics and try to determine what’s lacking.
• If the processes that you have put in place for your business, even if they’re followed and executed well, are not working, then it’s time to go back to the planning table. Assessments should be a regular thing, so you know that the business is developing.
• Take note that when you do a modification, you have to give it time to see significant results. Give it a couple of runs also.
• Progressive Property’s 10X Property Super Conference with Grant Cardone will be held on the 7th of June in InterContinental London. Get on the VIP list and get a discount if you message Gordon through The Property Entrepreneur Facebook page.

BEST MOMENTS

• “It’s Quarter Two now; it’s time
• “Sometimes, we get absorbed by the process. It’s important that you focus on the process and execute the process. Sometimes, we get caught up, and it’s worth reviewing that.”
• “Although you’re consistently putting the time and executing the process, maybe you need to tweak the process and do it in different times.”
• “Have that self-awareness and retrospective view.”

VALUABLE RESOURCES

• Progressive Property
• 10X Property Super Conference with Grant Cardone
• The 10X Rule by Grant Cardone

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”

CONTACT METHOD

• FB: https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/

“If you’re investing the time today, it’s going to affect where you go in the future.”

We’re almost done with Quarter One, so how is it going so far? In this latest episode of The Property Entrepreneur Podcast, Gordon gets you ready so moving into Quarter Two shall be smooth and satisfactory as much as possible. Learn today the art of taking stock of what you achieved in quarter one and adjusting to moving forward into quarter two.

Revisiting your plans and assessing what you have done quarterly is a good practice, so you always stay on track in achieving your goals. Gordon also discusses ‘scoreboard watching’ and how to do it in the right way to see your progress. There are times that you need to mix things up and change paths to get there – that’s okay. As long as, your end goal is clear, you believe in it, and you execute your plans well, you are all set. Just remember that you have to keep your physical and mental health in good shape if you want to get there.

KEY TAKEAWAYS

• Gordon’s highlights of the week:
  • Cut his hands while cutting onions. He had to use his dog’s first aid kit. Lesson learned after this: Always keep a first aid kit at home.
  • He ran over 7 miles in 54 minutes. He’s getting ready for a half marathon in May.

Taking Stock of What You Achieved in Quarter One:

• Did you achieve the goals you set up at the beginning of the year? Hopefully, you’re hitting those targets, and you are in the right place as planned.
• Reevaluate if you’re small goals are still the right thing that you should target for your future plans.
• If you didn’t reach your goal in the first quarter, then check if you can reschedule them in the coming months.
• Don’t get caught up in ‘scoreboard watching’, the act of monitoring how you’re performing.
  • For example, when Gordon monitors how the Property Entrepreneur Podcast attracts an audience, engagements, etc., he sees to it that he does not get affected if he does not see big changes.
  • And, if you don’t look at the ‘board’, you don’t get to assess if you’re really improving.

Adjusting to Move Forward into Quarter Two:

• For example, you’re able to commit to your plan that you meet 5 estate agents every week. Try to upgrade that plan and increase your number of appointments. If you struggled with that plan, choose an area or a time you can commit to.
• If you’re following your plans but has not seen any progress or benefits after, check the execution. Are you doing it right? If you feel that you need to gain more knowledge, wisdom, and confidence, get a tutor or a mentor.
• “You’re the average of the five people spend the most time with.” – Jim Rohn
  • Spend your time with people who are also in property. You can learn from their stories and experience. Have a positive relationship with your loved ones.
• Always take good care of your physical and mental health. You need the energy, the positivity, and the motivation to do your tasks regularly to achieve your goals.
• Be consistent with what you need to do. Remember that what you invest every single day will definitely manifest its benefits in the future.
• If you believe that you can achieve your goals, you can see how you can work your way to it. It doesn’t matter if others can’t see it.
• Stop concentrating on the big things. Concentrate on doing the small wins.

BEST MOMENTS

• “Even if you had achieved them, you need to look back and check if they were the right goals.”
• “Quarter one is a big milestone throughout the year, so it’s a good point to check back on your goals.”
• “It’s about managing the right things and make sure you’re score boarding the right thing.”
• “If you think there’s a gap in your knowledge that’s holding you back or preventing you from achieving your goals, your aim now is to try and identify what you need to do to fix that.”
• “You have to help the future you and remember, what you do today will help you get to where you need to be in five years’ time.”

VALUABLE RESOURCES

• The Property Entrepreneur Podcast Facebook

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”

CONTACT METHOD

• FB: https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/

In this episode of The Property Entrepreneur Podcast, Gordon gives us tips on how to get the most out of the property training you attend. There are a lot who offer property training out there, but the ones provided by the Progressive Property is where Gordon learned most of what he knows about property. He lets you in today on what courses you could take if you want to specialise on a specific property type.

Aside from this, Gordon also talks about taking ownership. When you try to own up to your mistakes, not just your achievements, we better ourselves and we make sure we don’t hurt others. If you’re trying to make your way in your career or grow your business, this is a crucial aspect you should always take note of. Discover more when you tune in!

KEY TAKEAWAYS

• Gordon’s highlight for the week:
  • Gordon runs with his dog every time he does a run. But, one time, his dog wasn’t feeling great after they went for a walk and was limping the following morning.
  • He learned that sometimes you just need rest to recover from a mistake so that you can get back up again to do the essential things.
• Progressive Property training has been helpful to Gordon. He highly suggests you attend their training, courses, and events.

Getting the most from your property training:

• Get in the area the night before so you can rest and prepare for the days of the training. Choose a hotel or an inn that is close to the venue.
• Get to the course early, so you avoid long lines, get better seats, and network with others.
• Don’t be scared to ask questions.
• Take advantage of dinner events to catch up with other students and share your property journeys.

Taking ownership:

• Avoid making excuses when you aren’t able to deliver what you need to do.
• When someone’s not treating you right, think of ways how it is the way. It may be that they don’t trust you enough or you don’t have enough reputation.

BEST MOMENTS

• “It’s really important to take time off. If you’re injured in the future, you don’t really want to be giving yourself grief over that. You want to push and continue to do the right things but make sure that you don’t overdo it.”
• “The networking is the real key. Don’t forget to do that.”
• “Taking ownership of the situation and reshaping that in your mind, you can actually turn that around and succeed.”

VALUABLE RESOURCES

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”

CONTACT METHOD

• FB: https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/

‘Plan to become wealthy or unexpectedly become poor’

In this episode, Gordon explains the importance of continuous learning and making sure you implement what you have learnt.

He explains how knowing where your money is and what you are doing with it will help you achieve more and get further in whatever you are doing.

Make sure you tune in now to take control and move to the next level.

KEY TAKEAWAYS

• Continuous Learning

A mentor and continuous learning are key components for self-improvement.

You can access learning for improvement through books and a small amount every day soon adds up.

In ‘The Miracle Morning for Entrepreneurs’, Hal Elrod explains how reading a little bit each day adds up. If you read 10 pages a day this adds up to 3,650 pages per year. This is the equivalent of 18 books with 200 pages.

If you are reading this number of books over a year, related to your chosen subject, then you will see improvement.

• Implementation

If you are reading about it you also need to be implementing it. You will subconsciously start doing some of the new things you are reading about, by osmosis but if you put some effort into implementing some of the things you are learning then you’re going to move to the next level much faster.

• Regular reviews

If you take notes when you are reading or attending courses it’s important to plan regular review sessions. These sessions provide an opportunity to review what has been learnt and to schedule the focused implementation of key learning and strategies.

It’s about setting yourself up for success, in identifying those 2 or 3 key ideas and scheduling them to be implemented you will gain the most benefit from learning.

• Knowing your finances

Understanding your finances is vital and setting time aside on a regular basis is a useful opportunity to review and plan for the future.

Rob Wilson, financial expert states you should ‘plan to be wealthy or unexpectedly become poor’

It’s not about how much money you have, it's about knowing where your money is at a given time, knowing what you have to spend money on, knowing what money you have available at any moment and your plan for the future.

• Managing debt

Identify which debts have the highest interest rates and pay those off first.

Look at how much credit you have available at any given time. It’s important to know how much credit you have available as this credit can be used for any unexpected expenses.

As an investor knowing what amount of credit you have at any time is a key part of managing your money.

BEST MOMENTS

‘Be careful about becoming a personal development junkie without putting the effort into implementing it’

‘Everything I learn everything I want to implement’

‘See how you can take yourself to the next level’

‘If you are not intentionally planning to become wealthy, then you will unexpectedly become poor’

‘I have now got a very clear picture for my money over the next 6 months and have set some good financial goals’

‘Making the most of the money you have got’

‘Why not have it coming out of an account that gives you cash back for that stuff’

‘You should track your credit score, so you know what to expect. Access a site providing credit scores such as Experian or clear score’

‘Always schedule a time to review and plan for implementation of what you have learnt’

VALUABLE RESOURCES

https://itunes.apple.com/gb/podcast/the-property-entrepreneur-podcast/id1444440796?mt=2

https://www.amazon.co.uk/Miracle-Morning-Entrepreneurs-Elevate-BUSINESS-ebook/dp/B01M0D5591

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”

CONTACT METHOD

https://www.facebook.com/The-Property-Entrepreneur-Podcast-519677241877352/

https://www.instagram.com/thepropertyentrepreneurpodcast/

https://www.thepropertyentrepreneurpodcast.com/

[email protected]