Monday, 4 July 2016

Millionaires are millionaires because...


And there is a lesson in this for all of us... Even if you don’t want to be a millionaire but would like to be financially secure.

We can show you how… doing what you are already doing...

This knowledge was passed on to me from a dear friend but originally came from, Chad A Wade, who unfortunately passed away a few years ago. But his wisdom still lives on.

Chad said, "Millionaires become millionaires because they find multiple ways to make money doing what they are currently doing."

At first, this advice might seem simplistic, but let's think about this for a minute...

What Chad went on to explain was that our time is limited. If you always see yourself trading time for money, then you will run out of hours, and will run out of the ability to make more money.

So in order to create wealth, you want to find more ways to earn income during that same 24 hours in a day that we all have. And the more that income is based on you trading time, the harder it will be to amass any real wealth.

Our economy is based on the average person earning one income. So what we pay to live is based on the average person's ability to pay. If it were any other way then our economy wouldn't function.

Those who earn more than one income have a better than average life... it is that simple!

That was a 

You see, when you think of a regular job, like back when I used to be a barman at a restaurant, it took every bit of energy for me to work those hours. How could I possibly be earning more money in those same hours?

But, when you look at the owner of that restaurant, he earns money from my labour, the Chef and the other employees plus he owned multiple restaurants, earning money from all of them, often while he wasn't even there.

And this was just the beginning of the paradigm. To truly understand this concept, let's talk about something I like to call the "Inception Effect".


Building a Business, within a Business, within a Business...

Let me ask you a few questions.

Is McDonalds in the Hamburger business or it a Real Estate business?

Are Movie Theatres in the Movie business, or the Concessions business.

Is Dr. Dre in the rap business, or the business of producing rappers?

The answer to all 3 of these questions is BOTH.

But then, it goes even deeper...

Take Dr. Dre for example:

1) He is a rapper, where he trades time and skills for money to build his personal brand.

2) He is a producer, where he leverages his time for more income from overrides on the time and skills of other rappers.

3) He is an investor, where he leverages his money and branding into BIG business opportunities to amass wealth far beyond what he could trade his time for.

Dr. Dre is well on the way to becoming the first billionaire rapper, but does that money really come from his rapping?

You see, Dr. Dre found multiple ways to make money doing what he was already doing.

He was already in the rap game. But he had a business mindset. So rather than just trade time for money as a rapper, he decided to start producing other rappers, and he became more of a talent scout. He was building a "team" that he could override. Similar to many business models you might be aware of.

He had to review thousands of potential artists, just to find the handful that would be hits. He had to take risks on people, many of which didn't pay off. He had to gamble away his time, with the chance that he wouldn't find any talented artists at all.

But, his calculated risks paid off. He found artists like Snoop Dogg and Eminem, which he produced and earned a massive residual override from.

Then, he was smart enough to leverage his business mindset even further, by getting his branding involved in commercial product endorsements where he would get a piece of the company if it ever took off.

Now, he is on his way to become the first billionaire after positioning himself in deals like Beats by Dre, and others.


Let's go back to the movie theatre example.
How much profit do you think they make on the sale of an actual movie ticket? Not much when you consider the cost of producing a movie plus the cost of advertising it and the theatre screening it, wages, lease on the building, and so much more.

The movie business would be a tough business to be in if it weren't for the business within a business.

Think about it. How much profit is made on a bucket of popcorn? How much profit do you think is made on a cup of soda? A TON right?

It's basically just sugar water, and post mix is just a few cents per cup. As well as ice, which is essentially free. The most expensive part is probably the cup itself, which is super cheap as well.

But... Once you are inside the movie theatre, you have zero options. You are not allowed to bring in your own food or drink. And you don't want to sit through a movie without any refreshments right?
So they have effectively driven you to the concession stand to buy their marked up products that have huge profits.

They make so much profit on concessions that it's worth LOSING MONEY just to get you into the theatre, because they would still be profitable.

They rely on the movie production companies to spend the money to drive people to the theatres, and that's why they give up so much of the money on ticket sales.

But their real business only begins AFTER you have bought your ticket and you are inside.

And in the McDonalds example, if you research their history you will actually find that Ray Croc was STRUGGLING to be profitable until one of his employees, named Harry Sonneborn, and actually convinced Ray Croc that the REAL money in their business was in Real Estate, not hamburgers!

It's a true story.

Sonneborn came up with the idea to take out mortgages to buy the land and the building for each franchise, and then LEASE them back to the franchise owners at a 40% increased premium!

What's even crazier is that the better the franchisee did with their business, the more they would have to pay in lease fees!

Based on this model, McDonalds went on to become one of the largest real estate investment companies in the world, under the corporate name: Franchise Realty Corp.


I began looking for opportunities to find businesses within businesses so that I could really open my mind and expand the possibilities I could have in my personal life.

Sure enough, examples were everywhere.

For instance, I love golf. It's one of my passions. So I started looking at Tiger Woods. Sure enough, it became clear as day.

Everyone knows Tiger Woods as one of the best golfers in the history of the game. And he wins MILLIONS for each tournament he takes 1st place in.

But then you start to see the REAL wealth and where it comes from.

Tiger Woods made $83 Million last year, and he has now earned $1.3 Billion in his career. Golf Digest reports $71 million came from off course endorsements, and the rest was from his tour winnings.

Did you catch that?

So, he made $12 million last year from his tournament winnings and $71 million from his "other" business within his business. And what business is that?

Sponsorships and Endorsements.

Wow, think about it. Are golfers in the "golf business" or in the "endorsement business"?
Well the answer is, both. But where is the "REAL" wealth generated? It's in Endorsements!

How much does a Nascar winner receive if they take 1st place in a race? Not much, but how much more do they receive from sponsors if they wear their logo on their clothing, or put their logo on their car? The answer is MUCH MORE!

You might think that Shaquille O' Neal is a rich basketball player, and perhaps one of the best. But did you know that he owns 40x 24-Hour Fitness clubs, 155 Five Guys restaurants, a jewellery and clothing line, nightclubs, and more!

And there are hundreds of examples that I could continue to put in this post.


How can YOU find more ways to make money doing what you are already doing?

How can YOU find ways to leverage your time, your skills, your money, your resources, and everything else in order to multiply your wealth rather than just add to it?

We all network every day. We network for business and for our social life. It is human nature to want to socialise. We are networking when we share a Facebook post or a Twitter or when we tell a friend about a new App for our phone that we have found useful.

Every time we meet someone new we are looking to interact with that person in some way. Are they like us and will they like us?

Network marketing is a business that uses this principle. It simply provides a business basis for that association and the very nature of network marketing is that you cannot benefit from that relationship unless you provide benefit and help that person in some way. You won’t succeed in network marketing if your intent is to use people. You succeed by helping them succeed.

As you can see there is also good reason to consider having multiple income streams from that network that you are building.

My main point I am hoping to drive home today is that wealthy people tend to find multiple ways to make money, doing what they are already doing, and that my good friend made an impact when he shared that information with me.

I hope that this post impacts at least one person, and that it helps steer you towards a more efficient path for wealth creation and abundance in your life.

1300 131099

Wednesday, 18 May 2016

What's your idea of financial freedom?

As a property investment adviser I am always looking for that unique piece of real estate that gives me and therefore my clients the best return. 

Well you are looking at the most expensive real estate in the world today. The screen of a mobile phone...

Billionaires of dollars are spent by companies to place advertisements with Google, Amazon, Ebay, etc to target their products onto that device you carry in your pocket or handbag. 

And even more billions are spend on eCommerce, travel and accomodation which nowadays are researched, booked and purchased using that same mobile device.

It is predicted that within 2 years nearly 50% of all e-commerce and travel/accommodation will be searched and booked using a mobile device.

New search engines will come into the space that Google and others don't service. We have seen that with the likes of Airbnb, Uber, Alibaba, Gumtree and many more. These companies were not even heard of less than 10 years ago and are now valued in the billions of dollars.

These businesses will only grow in usefulness and therefore in revenue as their usage increases.

But all of these businesses grow with our help. 

When we see something we like we share it. We shared their FREE App and help them grow their business.

That might be uploading content for free that the business can then use to attract advertising or it could be just sharing the App if we like it.

But what if there was a way that you could make money from that sharing?

Well there is!

In this new world your mobile phone can become your business or at least provide you with a residual income.

When someone searches the internet or spends money on eCommerce or a holiday you can make money because you shared the App they used to research and purchase that product, service or holiday.

There is no selling because the App is FREE.

The App helps people save time and money when they want to research and/or purchase something on the internet. If you like the App and find it saves you time and money you share it with other people. If they like it, they share it and everybody wins.

That process is no different to what we do now with Facebook, Youtube, Airbnb, etc. except this time when the company receives income from usage or advertising then you can share in that income, instead of it making billionaires even richer. 

This is a business that could be run from home or on a beach somewhere. And because eCommerce and travel are only going to get bigger your business will grow with those trends.

It is a very clever idea and is part of what is being called the "shared economy".

Want to know more? Want to know how you can get involved?
Give me a call 1300 131099


PS Just like it is now too late to get on board the Google train it will eventually be too late to jump onto this. Call me before it takes off... Actually it has already taken off overseas but it's not too late. If the success overseas is any indication this could be as big as Google in the next 10 years. Call me...

# mobileincome #residualincome #workfromhome #ecommerce #sharedeconomy #financialfreedom #travel #accomodation

Sunday, 28 February 2016

How to Invest in Uncertain Times

History has proven that in times of economic change and uncertainty there exists great opportunities... 

So how can you take advantage of these times?

First of all you need to find a way to ignore the negative fog created by the media. Although it seems inconceivable; they often write about subjects that they have not adequately researched. 

It is also important to remember that some people who predict doom and gloom in the media are just seeking attention. 

Give the media some thought but don’t rely solely on what you read or see on TV.

Secondly; you need to do your own research or find someone who can provide independent advice to help you find the right property for your circumstances. 

You need to look for someone who can look to the future to see what impact economic changes and other factors might have on particular locations.

One equalizer for all investors is that none of us can predict the future, but looking at what changes are known to be going to occur can be a good indicator of future property price movements. 
For example a closing of a factory can cause economic hardship in the surrounding area and property prices are likely to fall as people sell up and move away looking for new employment. Crime is also likely to increase in the area and this will result in a lower demand for properties making those properties on the market even harder to sell. 
Conversely an area where there is likely to be gentrification of an older suburb can result in higher demand and more than average price increases. These conditional changes can occur in both good time and in bad but there is more money to be made in times of uncertainty.
The above is one area where Investment Property Finders can help. We are independent and help you find the right property for your circumstances taking into account any known or impending changes.
Where are we today?
It just so happens that Australia is at a time when there seems to be a heightened degree of uncertainty. Our real estate prices have consistently appreciated for over 15 years. Yields are low, rental prices are stagnant and lending is tightening up. And the media continue to push this non-existent “boom or bust cycle” in residential property. (Australian property doesn’t “boom”, it grows either slowly or more rapidly and it has never experienced a “bust”, it simply slows down for a period. There is a well recognisable cycle, ask us for more detail.)
All of this leads us to uncertainty in property markets.
So there are some basic truths to remember…
Investing will always involve uncertainty…
At any point in the future, property values will increase, remain stagnant or go down. There are no other alternatives. Accept that that never changes.
At every point in history, you were just as uncertain as you are today about what the future holds. You might have felt more certain, having an opinion based on your perception of market conditions, but your feelings of certainty were an illusion. Good times follow bad and vice versa.
This is why investing involves risk, and therefore a corresponding return. Remember risk equals reward. When we accept this reality, we are in a position to identify the risks, and then proactively mitigate them.
But we can never completely remove the uncertainty.
Don’t let negativity paralyse you…
Over the past months, the media reports on the global economy have been quite bleak. China seems to be struggling, and financial markets around the world are flashing red, creating fear in the psyche of investors.
A recent poll concluded that one in five investors plan to do nothing in real estate for the next year. This situation creates opportunities for well informed investors.
But if you’re sitting this year out be sure you haven’t succumbed to irrational fear. There have only been a few times in history when the economic sky was actually falling.

Even during the Global Financial Crisis we had client grabbing bargains and make money.

Find creative solutions to boosting your income
Depending on your goals, strategy and your financial situation, the best use of your time if you are definitely not investing may be to focus on increasing your income.
Many investment experts emphasise the importance of creating a “Passive Income” that will fast track your progress toward financial freedom.

Passive Income(an income accelerator) adds to your income, but not on a pay per hour of work basis. Passive income is income you derive through leveraging, so you don’t need to trade your time for money.

It may involve starting an Internet business, harnessing your intellectual capital, trading options or even direct sales. In this new world of internet and the power of social media don’t completely discount network marketing without giving it a reasonable due diligence.
There are also certain types of property that will produce Passive Income.
Figuring out your income accelerator may be just as important as working out your property investing strategy, because the money you’ll bring in the door with your accelerator is what you’ll be taking out the door to buy properties.
We have some ideas you could consider here:
Focus on information and education
When situations of heightened uncertainty arise, the best defense is to increase your knowledge, skills and competency. That way, you’ll be able to recognise opportunities that already exist, avoid opportunities that are foolish, and take advantage of opportunities that arise when the market shifts in your favor.
In fact, seasons of heightened uncertainty often lead to the greatest opportunities, as long as you have positioned yourself well. On the other hand, if you’ve sat idle and inactive while waiting for your fears to pass, then you’re more likely to miss out or make a financial mistake.
Investment Property Finders are always happy to answer any questions that you might have on your path to successful property investment.

Good luck and we hope to hear from you…

Tuesday, 16 February 2016

Financial Planners cop the blame... Open note to Financial Planners

It's your fault that the stock market hasn't been performing well.
It's your fault your client hasn't achieved his goals. But is it really?
Or is it just a misunderstanding?

As most of you know I was a Financial Planner for over 15 years…
So I know what you go through day by day to justify to your clients results that are out of your control. 

It's a funny thing but I had clients with both share based portfolios and many with large property portfolios. And I discovered one interesting thing:
When the share market fell it was my fault but when property went into the doldrums that wasn't my fault...

The client’s perspective was that property results were out of my control. 

It's pretty easy to see now why I gradually moved most of my clients into properties. 

But in those days we were commission based income so until I worked out how to get paid for property it wasn't good on my income... Butat least I didn't get yelled at. 

Nowadays it's a whole new world with most clients paying their Financial Planner an annual fee for service. That makes it easy for Financial Planner to suggest that their clients consider property in their portfolios but still not many do. 

Those that do however have very happy clients with Property averaging over 9% for the last 10 years. 

So how do you do it and get around compliance?  

Give me a call and we can talk about making your clients happy... Or at least them not blaming you. 

I now have nearly a thousand happy clients. So can you…

1300 131099

Tuesday, 22 December 2015

How to Make Money on the Internet... and Facebook, Twitter etc

A lot of people have noticed that there is something extraordinary happening.

More and more people are breaking the chains of fear that kept us locked into the 9-5 system.
Last year my wife took a “work from home” job and now I see the world from a different perspective.

The change I have seen in her is a more relaxed and happier person and a more productive employee.

So employment is going through changes and many of us are unaware of that.

Why is the employment world changing?

In this post, I'll point out some of the reasons that lead me to believe why this change in inevitable.

1. No one can stand the 9-5 employment model any longer.

We are reaching our limits of how much pressure we can and will take.
People working with big corporations can't stand their jobs. They want out.

They want to drop everything and “move to the country” so to speak. Take a look on how many people are willing to risk entrepreneurship, people leaving on sabbaticals, people with work-related depression and people in burnout.

2. But the entrepreneurship model is also changing.
Over the past few years, with the explosion of start-ups, thousands of entrepreneurs turned their garages into offices to bring their billion-dollar ideas to life.
But what happens after they get funded?

They get back to being an employee. They may have brought in people/employees who didn’t share their dream and soon it became all about the money. The financial end becomes the main driver of their business.

People are suffering with it. Excellent start-ups began to tumble because the money-seeking model is endless.

A new way to make money is needed. Or is there an old way that has come of age. An old way that is more relevant today.

Some people have been doing it for years. But now the environment is right for it to succeed where the existing system is failing.

3. The rise of collaboration.

"Isn't it absurd that 7 billion of us, living on this planet have grown further apart from each other?"

Many people have awakened from the "each man for himself" mad mentality and have figured out that it doesn't make any sense to try to do things by yourself.
It doesn’t make sense to turn your back on the thousands, maybe millions, of people living around you in the same city?
Fortunately, things are changing. Sharing, collaborative economy concepts are being implemented, and it points towards a new direction.

The direction of collaborating, of sharing, of helping and teaching each other and it’s beautiful to watch.
4. We are finally figuring out what the Internet is good for:

The Internet is an incredibly spectacular thing, and only now, after so many years, are we starting to understand its power and it usefulness at opening up the world.
With the Internet, the world is more opened, the barriers fall, the separation ends, the togetherness starts, the collaboration explodes and help emerges.
Google and YouTube can teach us how to do virtually anything.

Internet is taking down the control that the News and TV media has had on us.

The big media groups controlling news to what they want the message to be and what they want us to read, are no longer the sole owners of information.
The internet and Facebook, Twitter etc. now give us a bigger picture.

With the advent of the Internet, the small are no longer speechless.
We can now do business without leaving home.

And that means we can spend more time doing what we really want.
Just that saving on travel time alone gives us more time with our families.

And that can reshape the whole economy.
I’ll be doing a series of seminars in 2016 to show people interested in moving with this change “How to make money on the Internet”

Let me know if you would like to attend.

Sunday, 18 October 2015

Do you know how much money you will need in retirement?

Do you know how much money you will need in retirement?

Too far away to worry about… think again!

The experts say that you will need about $1M to provide a reasonable lifestyle.

If you are not on track to having that or more then you need to start think about what you can do…


Depending on how far away from retirement you are you might consider buying a property overseas.

A modest amount of money can have you living like a KING overseas.
Australian property is expensive… but overseas you can buy a mansion for a fraction of the cost for a similar house in Australia.

In Bali for example you could buy a one or two bedroom Villa with a pool for $250,000 - $300,000 or a 3 or 4 bedroom 2 storey mansion for $400,000 - $500,000 in popular family holiday location (NOT Kuta) that would rent in Airbnb for about $USD150 per day per room.
Request a brochure...

Existing properties in these locations are getting between 75 – 90% occupancy.

So that is a return on your investment of around the 20% per annum.

You could rent it out all year and live off the income…

Or rent it for part of the year and live in it for some part of the year.

The cost of living in Bali is so low that we have friends that live there and pay to fly their family over once a month.  It is still cheaper doing that than living in retirement in Australia.

So how do you do it? Give us a call and we can explain how... or request a brochure.

If you have any interest in talking about this or other property related retirement strategies, feel free to give us a call…

As they say in Bali “FREE TO LOOK”


Tuesday, 22 September 2015

Why do you need to listen to an expert? And who do you choose?

Today we seem to be surrounded by experts at everything....

We all judge Master Chef, Dancing with the Stars and X Factor like we know what we are talking about.
I know that I am an expert at Football and I have never played the game at any level that counts.

We have political experts that tell us how well or badly our politicians are doing and we have politicians that are experts at running the country where they have never run anything except a political campaign.
Now I have been providing property investment advice for about 20 years now and still don’t consider myself to be an expert but I have seen a lot of mistakes and learned from what others have done.

If you do something long enough you get very good at it or you just don't last.

Why do you need an expert’s advice WHEN IT COME TO PROPERTY?
Answer; It’s just too hard to try and do it by yourself.
Most property investors don’t achieve financial independence because:
the first decade of anyone’s investing career is their learning curve.
Of course many never survive this stage… about 70% drop out during the first few years.

Those that make it past 10 years have to make up for the lost time and lost money and often take unnecessary risks.
There is a huge learning fee involved – of time, money, effort and heartaches.

On the other hand following the teachings and proven systems of those who’ve already achieved what you want to achieve while not guaranteeing your success, makes it very much more likely that you will succeed.

Google makes everyone an expert nowadays and it seems that property investment is no exception.

During the years that I have been doing this I have seen more experts come and go than I can count. They all supposedly made millions and now want to share that knowledge with others. They all have very compelling stories to tell and it gets you in. I have to admit that even I am intrigued at times.
But I suspect that that is all they are… stories.

In the past 20 years I have heard the Negative Gearing argument, then the various Positive Cash-flow arguments. There was the NRAS story, the Mining towns boom/bust and a number of so called strategies to make millions including Option Agreements, to name just a few.
Experience has shown that they only make money for the promoter.

So who can you trust?  The answer is someone who has been through it all and has a simple uncomplicated strategy.
“The schemes are more scams than strategies”.

That strategy should involve understanding the property cycle (the 5 to 7 and 3 to 5) so that you buy in the right place at the right time. It should be easy to explain and understand and usually will involve a simple purchase of a well located property in a location with a proven track record.
Give us a call if you would like to know more…

1300 131099