Jan 26, 2018
What habits do rich and
successful property investors share?
Today, we have another summer
series episode of my show where I’m interviewed by Tyrone Shum
of Property Investory. Tyrone digs in deep and asks what held me
back when I first started investing in property
He also asks me about the rich
habits versus the poor habits of property investors and why some
are more successful than others.
I explain a bit about the nuts
and bolts of my own property investment strategy, and how I add
value to property.
I even give some insight into my
personal habits that have helped me achieve my goals.
Today’s discussion includes:
Michael had a desire and dream to be a successful property
investor, but his mindset conditioning would have only got him so
- Recognizing the importance of mindset and being
mentored by Jim Rohn.
held Michael Yardney back when he made his first investment into
- Yardney’s personal finance book, Rich Habits
Poor Habits, he explains what sets it apart from other books on the
- Wealthy people do things and think in a certain
way. Money habits include delayed gratification and saving and
- Wealthy people also hang around with other
many people have had poor educations around money. People often
have bad money habits and don’t know how to get out of the rat
- Recognize what is not working and disempowering
habits and then replace them one by one with empowering
importance of having and being good mentors.
- Coming from a place of abundance and making
other people wealthy while making the world a better
- Yardney explains the nuts and bolts of his own
property investment strategy.
investor’s today can be plagued with too much
importance of looking at what is going on in the
- Finding properties with continual strong
demand. Population growth and demographics.
Metropole strategists come from a financial background and are
- Yardney’s six-stranded approach to identifying
investment grade property to buy.
to add value to your portfolio.
- Michael believes in having a useful belief of
taking responsibility for his actions and not blame
- Learning from mistakes and using those lessons
to move foreword.
- Yardney’s personal habits that helped him to
achieve his goals.
Links and resources:
“If you suddenly become wealthy,
but your mindset does not grow to your level of wealth you will
lose that wealth.” Michael Yardney
“Every year I upscale and
upgrade the way I think about things because I want to keep
growing.” Michael Yardney
“What average people think and
do is very different from what wealthy people think and do.”
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