4 Steps to Wealth Stack

This session is about four steps to creating amazing wealth. Now, the first step is finding the right deal. Now, we are talking in the context of property, being able to find a profitable project.?

The second step is going and looking for money, which is raising external funding. Now, unless you're born with a silver spoon, that's a different story. You can use your own money, but most people are not, which means learning to raise external money plays a major part. So that's the second step.?

Third step is to make the deal profitable. Now, my observation and experience tells me that about eight out of ten people don't know how to make a deal profitable. So they struggle with this stage. In fact, in the initial two stages, they struggle. There are many people who struggle with them as well, but most people definitely struggle with the third step, which is making a deal profitable.?

Remember, it's not just about finding the right deal, which is profitable. It's about making it profitable as well. And if you have not learned the efficiency and effectiveness skills, it just becomes very difficult to scale a business to be able to make deals profitable as well.?

The fourth step is to return investors money back and rinse and repeat this formula. So creating that trust with your stakeholders with your investors is a major step.?

So these are four steps. The first is being able to find the right deals, profitable deals. The second step is to be able to raise external funding. The third step is to be able to operationally deliver and make a project profitable. Fourth is stakeholder management. Investor management, which means returning the investors’ money back and then being able to rinse and repeat that, creating the trust in the market.?

Now, within these four steps, I believe persuasion plays a major part where the GROW model comes in. A lot of people don't know about GROW model and how it can help them with persuasion, with influence, and being able to create this four step cycle to be able to make really amazing wealth around you, being able to stack your wealth on top of each other, that's something you need to learn.?

So four steps, you do need to have great persuasion skills or being able to learn to persuade people within these four steps. Because every single moment, either you're speaking with landlords or agents, or you’re speaking with investors or you’re speaking with your project managers or your tradesmen or your power team members or any other stakeholders within the business, you would be persuading them.?

You’d be looking to influence them in some or the other way. So learning to persuade, learning the GROW model, and practicing that massively will help you in your journey.?

If you’d like to learn the details about all of this, a lot more detail into building wealth. And with all these four steps, go and get registered for our next event, which is the biggest online event of UK property event of UK. We have amazing speakers lined up, the most prolific speakers investors lined up to speak and they’ll be sharing their experience.?

I’ll be really asking them deeper questions. More difficult questions. So go get your ticket now while they're still available. There are some discounted tickets and free tickets left. So go grab yours now as we'll be sharing a lot more depth into these four steps. So yeah have an absolutely amazing day. Thank you. Bye.

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