Property: Top 3 Ways?
When I first started the Money Gym, and wrote the “Financial Intelligence 101″ tips, that grew into The Money Gym ebook, one of the most popular sections was the Property Investing Section. Everyone wanted to know about investing in, and making money from property.
In the early days, when we used to host the Money Gym workshops at The Acacia, my much loved boutique hotel and my latest venture into property investing, we used to cover “The Top 10 Ways To Make Money In Property” and we used to simply tell people about them, they used to go off and investigate the one they liked the sound of, then we would coach them from there.
However, one day, a couple of guys came along who blew most of our “Top 10″ out of the water.
Out of “Top 10 Ways To Make Money In Property” only three of them remain. Which ones? Aha, you will have to wait for the next few days to find out that!
After we heard about how these guys invested in property, we simply couldn’t, in all good conscience, just tell folks how they COULD invest in property, but we felt we then had to share how we felt people SHOULD invest in property.
Now this went right against all accepted coaching law and wisdom, I can tell you!
But hey ho! Wealth coaching has always been different - a mix of training, mentoring and coaching, rather than pure coaching itself.
At The Money Gym, we aim to save you time, money, and stop you making expensive mistakes.
Mistakes like I made with buying that hotel in the first place. If these two guys, my mates Greg and Andy, had been around in 2003, there is NO WAY they would have let me buy it. They would have stopped me making THAT half million pound mistake.
Side note: You will see in this week’s ezine, I talk about the difference between “failure” and a “mistake” and it’s an important distinction to make if you are an entrepreneur. Essentially, a failure is something that can bury you but you can learn from your mistakes.
That hotel was a mistake - some would definately see it as a failure - but I choose now to see it as a mistake. A very large one true…..
One that taught me a VERY LARGE LESSON! In fact, SEVERAL very large lessons.
I will never forget the moment in the garden of The Acacia, when Greg or Andy uttered the immortal words that made me realise that buying it had been a mistake and told me why.
1. This hotel will never make you the amount of profit that would make all the work you put into it, worth it.
2. You have a lot of your own money in this business and you will struggle to ever get it out.
3. When you have had enough and you do want to sell it, nobody will buy it, unless you find someone as daft as you were, to buy it in the first place.
Hmmmmm…..
They like straight talking, those two. And that is one of the things I most value about Greg & Andy. So many people won’t tell you what you need to hear. Nobody around me in those days did, that’s for sure. Hence the mistakes.
So, five years on, here we are, still making mistakes but not so many, and certainly not failing, and together with Steve and Judith, two more straight talkers, they are still two of my closest friends and mentors. Whenever I want some advice about business and life, I go straight to Greg, and to Andy for property market / business marketing / creative / internet input.
So you can imagine how thrilled I am that Greg still comes to London, to present for The Money Gym on property investing.
I can’t imagine how much longer he will do that, as we are pretty much the only presenting he does outside their own Open Days.
He’s coming to the Southwark Rose on 14th June and really, you should be there.
* If you have questions about the current property market, you should be there.
* If you have questions about your business proposition, you should be there.
* If you just want to see a down to earth, authentic, funny, FANTASTIC speaker, you should be there.
* If you want to recharge your wealth creation batteries, and hang out with some like minded people, you should be there.
That’s five “shoulds” in five lines, I’m about to get struck off the Eurocoach List!
Book your place here - still some Early Birds left as I’m late promoting this due to half term.
http://www.TheMoneyGym.com/MGPresents/property2.htm
See you there!
Nicola
p.s. Greg always sells out fast so get your space booked now.
My ex-business coach, Chris Barrow just posted a blog post entitled “How Can We Be Expected To Work In Such Conditions?” and really, I have to agree with him! 
