Jul 4, 2024
Welcome to another insightful episode of A Wealthy Life! In today’s episode, "Organic Business Development is part skill and part opportunity," I’m thrilled to introduce you to the higher-level lessons embedded within our next two episodes featuring incredible guests Cyril Thomas and Lisa Oliver.
Join me, as I unpick the strategic business development and meticulous planning that has fuelled their property success. Whether you're captivated by commercial properties or fascinated by houses of multiple occupancy (HMO), this episode promises valuable insights to elevate your understanding far beyond the conventional scope of property investment.
Key Takeaways:
1. Importance of Education
- Discover the significance of quality education in property investment.
2. Legal Requirements
- Understand the complexities of legal requirements in commercial properties and HMO’s.
3. Business Development Strategy
- See how Lisa transitioned her personal investment strategy into a thriving business helping other landlords manage their properties.
4. Communication and Teamwork
- Grasp the importance of clear communication with clients, tenants, and team members.
5. Role of a Mentor and Network
- Learn how mentorship and a robust network can steer you through entrepreneurial challenges.
6. Financial Management
- Gain insights into efficient financial management, mitigating expenses, and optimising cash flow.
7. Expansion and Scalability
- Understand the concept of economies of scale in property management and business relationships.
So grab your favourite drink and sit back. Remember to also tune in for the next episodes
- Episode 124 Commercial Creativity with Cyril Thomas
- Episode 125 Just Because You Can Does Not Mean you Should With Lisa Oliver
Don’t miss out! Subscribe and follow our podcast to stay up to date with our latest episodes packed with valuable insights for living A Wealthy Life!
--------- EPISODE CHAPTERS ---------
(0:00:01) - Strategies for Property Investment Success
Education, commercial properties, and self-managing HMOs
(0:13:43) - Collective Power in Real Estate Growth
Collective power in real estate, strategic expense management, sourcing skills, mentorship, and integrating professional experiences for business growth.
(0:20:02) - Real Estate Growth Strategies
Nature's role in property business success, leveraging skills for diverse opportunities, transitioning from employment to financial independence.
To watch this episode on YouTube:
Previous episodes for Russ Tulloch
Episode 69 - https://youtu.be/FAjeX_4oT98
Episode 76 - https://youtu.be/E5yWId-ufxg
Connect with Vicki:
Visit my website to learn more
Booking calendar - https://calendly.com/vickiwusche
Access the free resources: https://vickiwusche.com/resources/
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you?
Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast?
https://scorecard.vickiwusche.com/
The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Browse Books by Vicki:
Using Other People’s Money: How to invest in property 4th edition
Make More Money from Property: From investor thinking to a business mindset 2nd Edition
Property for the Next Generation: Securing your future in uncertain times 2nd Edition
The New Estate: Insights from the 22nd century
The Wealthy Retirement Plan: A revolutionary guide to living the rest of your in style
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them