Wealth Made Simple Podcast

Shaz delves into the top traits and habits of successful and wealthy individuals. With a motivational and informative tone, Shaz emphasises the significance of mindset, habits, and personal responsibility in achieving financial success. Drawing from his own experiences and expertise, he highlights the importance of focus, goal-setting, and continuous learning. Through practical examples and relatable anecdotes, Shaz guides listeners on the path to financial prosperity, encouraging them to adopt a positive mindset and take proactive steps towards building wealth. 

KEY TAKEAWAYS

• Successful individuals prioritise important tasks and maintain a laser focus on their goals, avoiding overwhelm and delegation of less critical tasks.
• Careful investment choices with a focus on high returns, emphasising the importance of setting clear goals for investment returns.
• Successful people not only practice positive habits themselves but also teach them to others, emphasising the value of leading by example.
• Taking ownership of one's actions and outcomes, recognising the role of personal responsibility in achieving success.

BEST MOMENTS

"90% of success is about mindset and habits, and 10% is about implementation of your goals and activities." 

"Successful people understand they can't do everything. They need to prioritise the important things." 

"Living below your means is crucial. Delayed gratification is key to building wealth." 

"Reading daily opens your mind and changes your perspective. Books are your best friend." 

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/

https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

Shaz explores the art and importance of storytelling in building wealth, by discussing how storytelling is ingrained in our everyday lives, from childhood anecdotes to embellishing or minimising our own experiences.

The team delve into the seven overarching plots that form the basis of all stories and highlight the power of storytelling in connecting with an audience. They emphasise the need to craft stories that resonate with the audience, evoke emotions, and make a lasting impact. The episode concludes with insights on how to apply storytelling techniques in sales, marketing, and wealth generation, emphasising the importance of understanding the audience, creating a hook, and making the story relevant. 

KEY TAKEAWAYS

• Understand your audience: When crafting a story, it is important to know who you are telling the story to. Tailor your story to connect with your specific audience.

• Create a hook: Grab your audience's attention by creating a compelling hook. Make it relevant and emotionally engaging to draw them in.

• Make it personal and relatable: Share your own story and experiences to connect with your audience on a deeper level. Show them that you understand their struggles and can guide them towards a solution.

• Build a community: Foster a sense of belonging and togetherness by creating a community around your story. Encourage collaboration and support among your audience members.

• Start small and build up: When selling or marketing, meet people where they are and start with smaller, achievable goals. Gradually build up their confidence and trust in your ability to help them achieve bigger results.

BEST MOMENTS

"Facts tell, stories sell." 

"There are seven stories. There are only seven stories." 

"Your net worth is your net worth" 

"You can't get a new result with the same old thinking." 

"If you can't explain it to a five-year-old, then you don't know it well enough to explain it." 

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

Shaz discusses the importance of taking action and implementing goals effectively. He provides a comprehensive list of 25 actionable steps and tips to help listeners achieve their goals.

Shaz also talks about the need to lay the foundations and develop a detailed plan, assign responsibilities, set milestones, allocate resources, and have a clear communication and feedback loop, highlighting the significance of celebrating achievements, maintaining flexibility, and practicing resilience. 

KEY TAKEAWAYS

• Setting clear goals and developing a detailed action plan is crucial for achieving success.
• Assigning responsibilities and setting milestones helps track progress and maintain momentum.
• Allocating the right resources, including personnel, training, and support, is essential for getting things done.
• Regular monitoring, communication, and feedback are important for staying on track and making necessary adjustments.
• Celebrating achievements and maintaining a supportive and focused environment are key to keeping the team motivated and committed.

BEST MOMENTS

"Taking action is by far one of the hardest things and having an action plan and having a way to make sure that you implement what you intend to do is important." 

"I don't have all the answers. I don't claim to know everything and this platform is all about sharing ideas and sharing is a two-way street so I'm more than happy to learn new things and add to my knowledge base." 

"Deadlines shouldn't change. That's why I said earlier on, it's better to have some slack time and a generous deadline up front rather than keeping it very tight and pressurised and then having to change it four times or five times or however many times." 

"Build something extra to help people - recognise, understand that you recognise when they are doing a good job." 

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

Shaz and Kieron discuss the importance of having a personal brand and how it can lead to recognition and opportunities. They emphasise the need to build trust and credibility through sharing knowledge, experiences, and opinions.

Listen as they cover various strategies for creating products, such as writing booklets, offering online courses, and hosting webinars. They also highlight the value of networking, speaking engagements, and leveraging social media platforms. 

KEY TAKEAWAYS

• Building a personal brand is important for establishing credibility and recognition in your industry.
• Sharing your knowledge and expertise through content creation, such as writing booklets or newsletters, can help attract and engage an audience.
• Speaking at events or creating online courses can further establish your authority and provide opportunities for monetisation.
• Engaging with your audience through surveys, opinions, and thought pieces can help you understand their needs and tailor your offerings accordingly.
• Collaboration and networking with others in your industry can lead to valuable partnerships and opportunities for growth.

BEST MOMENTS

"Your own ecosystem helps you to have a wider network." 

"You've got to put yourself out there... if you want to make a million quid a year." 

"You probably should be on social media if you want to have a personal brand." 

"You need to understand two fundamental things: sales and marketing." 

"Give me a story, give me some of you, give me some of the information that you have, but bite-size it." 

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

Shaz and Kieron discuss the importance of goal setting, focussing on the need to set big, hairy, audacious goals that scare you and push you out of your comfort zone. They stress the importance of writing down your goals and reviewing them regularly to track progress and make necessary adjustments.

They also highlight the power of affirmations and surrounding yourself with a supportive community, sharing their personal experiences with goal setting and offer practical tips for achieving success. 

KEY TAKEAWAYS

• Goal setting is important and should be done regularly, not just at the beginning of the year.
• Writing down goals makes them more real and increases the likelihood of achieving them.
• Breaking down goals into smaller, actionable tasks helps in tracking progress and making necessary adjustments.
• Consistency is key in achieving goals, even if it means taking imperfect action.
• Building a supportive community and surrounding yourself with positive influences can greatly contribute to goal achievement.

BEST MOMENTS

"Discipline is the ability to continue doing something long after the enthusiasm has left you from the initial start." 

"The more I review my goals, the more opportunities I'm giving myself to succeed." 

"Imperfect action beats perfect inaction." 

"You have to be ruthless and brutal with your goal setting process." 

"Compete with yourself and no one else. Otherwise, you're never going to feel successful." 

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

Shaz and Kieron discuss the concept of getting rich quickly versus getting rich slowly, highlighting the pitfalls of chasing get-rich-quick schemes and emphasising the importance of focusing on long-term wealth building strategies.

They discuss the reasons why get-rich-quick schemes fail, including slim chances of success, unrealistic expectations, high risk, and unsustainable wealth accumulation. They then delve into why getting rich slowly works, emphasising the benefits of compounded returns, risk management, education, financial stability, adaptable financial goals, and improved psychological well-being. 

KEY TAKEAWAYS

• Getting rich quickly is a pipe dream and rarely works in reality.
• Focusing on getting rich slowly is a more sustainable and effective approach.
• Many get-rich-quick schemes are high-risk and often lead to financial losses.
• Gradual wealth building allows for adaptable financial goals and long-term financial stability.
• Education, skill-building, and financial discipline are crucial for successful wealth accumulation.

BEST MOMENTS

"Holistically, get rich quick is a really nice idea and it's a pipe dream." 

"Success leaves clues. And if success leaves clues, the clues of success are get rich quick doesn't work." 

"The slow accumulation of wealth also generally involves learning new skills, understanding new things, doing the due diligence, doing the deep dive." 

"If you grow into it slowly, you'll manage it and all of your habits and your spending ideals will be sustainable."

"Slow wealth building promotes a healthy relationship with money, better understanding, less stress, and more satisfaction in your life." 

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

The team discusses the building blocks that help create financial freedom, emphasising the importance of mindset, discipline, and perseverance in achieving long-term wealth.

Shaz also explores the concept of simultaneous growth, where multiple streams of income and strategic partnerships can lead to exponential growth. He encourages listeners to focus on self-management, have difficult conversations, and prioritise their own worth. 

KEY TAKEAWAYS

• Building blocks for financial freedom include mindset, discipline, perseverance, and small incremental steps towards wealth.
• Financial freedom is subjective depending on personal circumstances, lifestyle choices, and financial goals. It is important to assess one's own needs and create a plan accordingly.
• To achieve financial freedom, one must be willing to have difficult conversations, make tough decisions, and step out of their comfort zone. Fearlessness and self-management are key traits to develop in order to overcome challenges and achieve success.
• Seeking out partnerships and collaborations can lead to synergy and exponential growth. By finding others who have complementary skills or customer bases, businesses can expand their reach and increase profitability.

BEST MOMENTS

"The more that comes in, the more that goes out up to a certain level." 

"Get rich slow." 

"Imitation is the sincerest form of flattery." 

"Focus on yourself and do that stuff."

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

Shaz delves into the concept of Wealth Magnets, beginning by discussing the principles that control the flow and movement of money, such as wealthy philosophy, mental attitude, and behaviour.

Shaz stresses the importance of having a positive mindset, associating with like-minded individuals, and creating value. He also explores the significance of generosity, visibility, and status in attracting wealth. 

KEY TAKEAWAYS

• Wealth creation starts with having a wealthy philosophy, positive mental attitude, and congruent behaviour. Believing in abundance and taking action are key components of this mindset.
• Association with positive and successful individuals can have a significant impact on your own success. Surrounding yourself with people who inspire and support you can help you achieve more.
• Creating value is essential for attracting wealth. Focus on delivering value to others and making a difference in your community. The more value you provide, the more valuable you become.
• Act with integrity and have no boundaries when it comes to pursuing your goals. Believe that anything is achievable and be willing to put in the effort and take risks to achieve success.

BEST MOMENTS

"Wealthy philosophy, mental attitude, and behaviour form the bedrock and the foundations of wealth creation because it all starts in the mind." 

"Act wealthy to attract wealth. Act with integrity, provide value, and be generous. These behaviours will help you attract more wealth in your life."

"Being courageous and taking action is a known wealth magnet which helps you achieve success."

"Ask people for help, support, and different solutions. Most people are happy to share their opinions and help you when you ask."

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

Shaz discusses the importance of creating a second or additional source of income. He highlights the dangers of relying solely on one income stream, whether it be from a business or employment.

Shaz emphasises the need to diversify risk and shares the potential pitfalls of being overly reliant on one key employee or client. He then delves into the strategy of buying a business to create a second income, without using any of your own money. 

KEY TAKEAWAYS

• Relying on one source of income in a business is risky, as any disruption or loss can have a significant impact on the business's stability and profitability.
• Diversifying sources of income is important to mitigate risks and create a more stable financial situation. This can be achieved through investments, buying additional businesses, or creating passive income streams.
• When buying a business, it is possible to negotiate deferred payments with the seller, allowing you to acquire the business without using your own money upfront.
• Due diligence is crucial when buying a business to ensure that the financial and legal aspects are accurately represented and to avoid any unforeseen liabilities or costs.
• Scaling up your business by acquiring multiple businesses in the same sector can lead to increased profitability and cash flow, allowing for further expansion and financial stability.

BEST MOMENTS

"The number one in business is the most dangerous number." 

"When you have one big client or customer, then your independence is at risk." 

"Increasing the income in one business doesn't always help people create more wealth because most people spend it." 

"The answer, I believe to some extent, is to create additional sources of income." 

"You now have a business. You now need to be thinking about how do I now scale up?" 

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

Shaz delves into the topic of lease option agreements, explaining the concept of a lease and the complexities involved in lease agreements.

Shaz then discusses the potential changes to lease option agreements mentioned in the King's speech, which aim to improve fairness in the housing market. He explores the proposed reforms, such as extending lease terms, reducing ground rent, and increasing transparency in service charges. 

KEY TAKEAWAYS

• Proposed changes to leasehold agreements aim to improve home ownership for leaseholders by making it easier to extend leases or buy freeholds.
• The reforms include increasing the standard lease extension term from 90 to 990 years and reducing ground rent to zero.
• The government plans to provide more transparency in lease agreements, including clearer information on service charges and administration fees.
• The reforms also aim to empower leaseholders by granting them more rights and access to redress schemes to challenge poor practice.

BEST MOMENTS

"The cost is the cost. And I think most people are generally decent people and they can appreciate that if you want a nice road to drive down into, if you want your parking space kept free of weeds, you want there to be lighting, there to be security, there is a cost involved in that." 

"Landlords get labeled as money grabbing, evil, blah, blah, blah. It's always the landlord's problem. It's not the landlord, it's the government. They've forced this into the marketplace, whether it's intended, unintended, don't want to go into that. They've created this situation and then you take responsibility for it." 

"I think everyone should be able to get themselves into a position where they can own their own home." 

"I don't see that being a bad thing at all. We'll see how that how that comes into effect and the scrapping the presumption for leaseholders to pay their freeholders legal costs when challenging this poor practice."

VALUABLE RESOURCES

[email protected] 

https://www.facebook.com/shaznawaz11

https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.