Gain Effective Tips and Tutorials To Help Master Your Own Financial Destiny
Regardless of what property investment avenue you wish to venture into, information and strategy is only 50% of the puzzle. There are more crucial factors that play a role in determining your financial success like mental attitude, emotional fitness, health and energy levels, etc. This can be described as your ‘Wealth Psychology’ or ‘Mindset.' With over 20+ years in business plus countless hours and dollars spent on personal education, Stuart Zadel offers some of the most effective Wealth Education in Australia.
Online Expert Matt Raad spends time with CEO Stuart Zadel at the Harry Dent Live event in Brisbane recently and shares his views on Harry’s presentation, plus why he believes that learning how to build and acquire money-making websites should be an important part of every investors portfolio.
Stuart: Well, hi guys and welcome, this is Stuart from Zadel Property Education and I’m joined with website wizard, Matt Raad. Matt, how you going?
Matt: G’day, everyone.
Stuart: We’re in Brisbane, actually in a seminar room. We just spent the day at the Harry Dent live event. For those of you who don’t know, Harry Dent is a famous demographer, predictor, if you will, of trends and has become a sort of semi-famous property doomsdayer around the world. That was pretty interesting.
Australia’s Rapid Reno Expert Naomi Findlay reveals her personal definition of wealth; and describes why wealth, time and money are typical driving forces of motivation for most.
Hey there! It’s Naomi back again for another week of Rapid Renovation tips.
So, it’s important to know all the pitfalls and dangers and potential hurdles and stumbling blocks surrounding renovating to create wealth or renovating for profit so that you can take a measure of how to avoid them. Right?
You wouldn’t drive at night without the headlights on, would you? Same goes for renovating. You wouldn’t and shouldn’t renovate without a clear view of the path ahead. In this case, what you don’t know can actually hurt you and it’s best that you come to the renovating game really prepared.
So, renovating for wealth isn’t something to jump into lightly. There are many pitfalls, many risks, many dangers, and without the proper knowledge and the proper preparation, you’ll be ultimately setting yourself up for a path of disappointment and potential capital loss.
But the question now is, how do you go about taking the strategies in the Rapid Renovation formula and what I’ve taught you and applying them to a particular scenario?
Well, first you need to figure out what your personal definition of wealth is. No two people are the same when it comes to why they choose to renovate and it’s exactly the same when it comes to wealth. Wealth is much more than just money, and that’s exactly what today is all about. Figuring out what wealth means to you will help you figure out how to personalize the tips in my formula to get you where you need and want to be.
But first things first. What exactly is return on investment? So, this is a pretty money-orientated term. It’s a fancy term that means pretty simply the return on the investment or the ROI is a way of calculating numerically your success at the end of a renovation project. So, in other words, when the dust has settled and the contracts have been exchanged, what is left to you financially?
So, to answer these we first need to answer the following questions: What is success? What is meant by the word ‘success’ when we speak about return on investment?
Just like with everything else, your definition of success will be different from mine or from your neighbors or perhaps even your partners. What success is to us and the way we measure our own excess is something really personal. No dictionary or person can tell us otherwise.
Generally, though, when you talk about return on investment with regard to our renovation projects, it will involve a measurement of money. Unless a project was purely for personal enjoyment, then money will always be a factor there, hence why it’s called “renovating for wealth” or some call it “renovating for profit”. And the keyword there being ‘profit’ in that circumstance.
But going beyond just the dollar aspect of it, ROI is also about wealth—the wealth that we get when we finish a renovation project. Now I mentioned earlier that wealth was much more than money or profit. Again, wealth has a unique meaning to each of us and nobody can tell us otherwise.
So, whatever your definition, I would say there are three main categories that the definition will fall under and they are these ones:
So, number one is health. The first element that makes up this concoction of wealth is health. Arguably, it is the most important of the three. Being healthy is all about the physical, mental, spiritual and well-being of our bodies, minds and souls. And there is no point to money if there is no health to enjoy it.
So, will completing a renovation project mean that you’re going to be able to get more exercise done in your day? Would the concept of renovating to create wealth allow you to be the best and healthiest version of you that you can be? And are you renovating to create a lifestyle that will give you opportunity to be able to be more active and more healthy and have a healthier diet and a positive mindset? If the answer is yes to all or even any of the above, then your overarching goal in your renovation is obviously for your health and well-being.
Now, the second element to wealth is time. And this involves one of the most elusive things in our lives and it’s one of the most sought-after things in our life, and it’s time. No one ever seems to have enough, which is why it is probably a more important strategy than dollars to be honest with you. Because what’s the point of having all the money if you never have time to use it? So, is it time that you’re really after? Is the end goal of your renovation project to free up time and provide you with the flexibility to work the hours that you want to work? Will renovating to create wealth allow you to work around school hours, be at home for your kids right just have more time to travel and explore the wonders of this amazing world? So, time might be part of your definition of success and wealth that awaits you on the other side of your renovation project.
Element #3: our money. It fits in firmly into the third element and the final element that defines wealth. As they say, money does make the world go round and that holds true to a certain extent—whether it’s sending our kids to a certain school, upgrading our house, traveling—money certainly makes those things happen.
So, are you looking to renovate to create wealth to reach financial freedom? Is it an escape from the rat race that you’re already in? Or do you just want to finally start your own business or live in a suburb closer to the good schools for your kids or maybe you’re looking to upgrade your family car or your family realizes that they’re deeply in love with travel and you want to travel more with them? Whatever your financial goals are, it can be achieved with wealth from the rapid renovation projects.
So, keep in mind here that these three dimensions of wealth are not exclusive to one another. Most people’s definitions of wealth will be a mixture of all of the above really and this is the nature of these sorts of things. Having enough money will generally allow for you to have more flexible working lifestyle and will allow you to then turn opportunities to spend more time with your family which will increase your health and increase your well-being.
So, whatever your wealth motivation is, the first step to renovating for wealth is to arm yourself with the proper tools and the formula to create it.
Airbnb Expert Nicole Byerlee shares why she believes you SHOULD listen to what other people think, especially those that have proven by their own results that they know what they are talking about.
Hey guys! How are we all?
It’s December, it’s the festive season. How exciting! I am very much looking forward to putting my feet up and having some time with all the extended family, probably eating too much and I’d say drinking too much and feeling very, very, very fat at the end of it all, but I can’t wait. I love spending time with the family. So, I hope you guys get an opportunity to do that over the December period and have a great New Year’s….
And make sure that you do jot down your goals so that you’re all ready for 2019 to succeed in whatever it is that you’re wanting to achieve for the year.
But today, I wanted to have a real quick chat to you about a video I saw. Now this video was a video of Gary Vee and he was chatting to one of his students and it was after an event. And the student was asking him about, you know, or telling him about what some of his friends and family were saying around what he’s getting involved in. And, you know, Gary was pretty adamant about don’t listen to other people’s opinions. Don’t listen to what other people are saying.
And you know what, that statement is definitely correct but there is a bit of it that I disagree with and I wanted to sort of give you guys a bit of an insight into that today. So, you know, Gary Vee’s a very, very successful person and, you know, he probably doesn’t need to listen to the opinions of other people. But, you know, from my point of view I think you certainly want to listen to the opinions of successful people – people that are already doing and achieving what it is that you want to achieve.
So, you want to be able to listen to some form of a mentor that can help you get to where it is you want to get to. So, you know, whether that’s through audiobooks, whether it’s through a blog, a newsletter, going to, you know, events etc., you want to be able to listen to those types of people and take on their opinions, you know.
If somebody like Warren Buffet or Richard Branson gave you their opinion, you’re going to listen to it, aren’t you, because they’re very successful people. And the likes of Gary Vee. If he gives you his opinion, you’re going to listen to it, aren’t you? So, you know, you do want to listen to some people’s opinions definitely.
But the reason I also very much agree with Gary’s comments is that you don’t want to be listening to people that are just going to be negative, put you down, try and pull you down to their level. You know, they’re either jealous or they’ve got some hidden agenda that they’re trying to achieve and that’s why they will give you their own opinion on what you should and shouldn’t be doing and it’s likely to be the negative or incorrect.
So, there is definitely people that you don’t want to be listening to and those are the ones that haven’t succeeded. Those are the ones that are, you know, that are broke or, you know, miserable. You don’t want to be listening to those types of opinions and unfortunately, sometimes they are very close friends and family. But, you know, you just need to be able to just shrug it off, not listen to it, and move on and really get yourself involved in people that are going to help you succeed in what you want to succeed in. So, stay clear of those types of people that are going to drag you down.
Stay away from negative people. You know, it’s proven, you know, if anybody ends up being very similar to the five closest people that they are surrounded by. Now, if those five closest people to you are negative, they’re broke, they’re not achieving anything, they’re miserable, then unfortunately, your subconscious is going to do the same. So, make sure that you are getting yourself involved with the right types of people, the right mentorship and helping you to succeed in whatever it is you’re wanting to do.
So, all the best with your 2019 goals. Make sure you get those written down before the New Year comes in and hopefully, you know, you have a wonderful Christmas and New Year. And, you know, keep listening to the likes of Gary Vee and Richard Branson and Warren Buffet and all those wonderful people that have great opinions. And here’s to your success in 2019! Enjoy, have fun. And we will see you on the other side of New Year’s.
Airbnb Expert Nicole Byerlee shares her top 4 things to look for when starting a business, and why should you be considering these in your next business venture to maximise the chances of your success.
Online Experts Matt and Liz Raad meet with CEO Stuart Zadel to discuss the current website investment market, and why NOW is the best time to consider adding websites to your investment portfolio, for diversification and to be better prepared as we move further into the digital era.
Australia’s Rapid Reno Expert Naomi Findlay reveals her pro tips for styling a property to suit everyone’s taste with these 6 key design principles that will maximise your chances of success on your next reno.
Leading Amazon Expert Adam Hudson reveals ONE of the seven keys to building a happy and successful life… what it is, the three things that have to be present for it to unfold, and importantly, how to make sure you don’t get it in your life!
Leading Amazon Expert Adam Hudson reveals why you need to find your very own quiet space to be able to unlock the answers to questions that are likely holding you back from leading a truly successful life.