Fail to Plan ↓ Plan to Fail

transcript

It is generally accepted that people who have clear, specific, written goals are far more likely to succeed ... ... than those who don’t.

Fail to Plan

↓Plan to Fail

The Results of Goal Setting

11:03pm, 31 Dec 2012

Plan and GrowHow goal setting changes your

www.renos.com.au | info@renos.com.au | 1300 550 656

Plan and Grow

237 GRQ = Get Rich Quick • I wanted something but I had no

goals• Over the years I tried everything• Shares, futures, share options,

gambling, horses (Billy Rose)

Plan and Grow

• Read Bill Nickersons book “How I turned $1000 into $5 million in my spare time”: Library Quotes

• First goal:– Buy an investment property

• Went out to buy a rental house in a sleazy suburb…Hawthorne

• 1971 and the price was…???

Plan and Grow• $7,000!! Went to the bank…

– They said NO– Credit union and building society

said no to house but yes as a personal loan!

– One said $3,000 but only for say…furniture

– Another said $4000 but for say…a car

– I said but I don’t want furniture and a car…

• Maybe I do. $3k + $4k = $7k

Plan and Grow

• And I do need a house to store that future car and furniture…so I got my first house…& bikies

Lessons• Bikies don’t mow lawns• Depreciation, tax deducts, finance, property

management, • Bikies like black, HOG’s, BBQ’s• Capital gain…sold for $12k

Plan and Grow

1985: The Tipping Point

MLC = Mid Life Crisis +

MCC = Mid Career Crisis

Plan and Grow

• Sad-Mad• Started my search• Mind Power• Goal setting/action plan course• My life changed

Plan and Grow

GOAL:• To leave work within 7 years

Plan and Grow

GOAL:• To leave work with $1 million dollars

Plan and Grow

GOAL:• Learn how to write: • Did a creative writing course • Did a journalist course…look for the

conflict!

Plan and Grow

After the Mind Power course and all the goal setting I achieved more in 6

months than…the previous 10 years!

Plan and Grow

Took control of mind and control of finances

Geoff’s ‘road to wealth’

1985 Took control of mind + finances

21 years 7 years

1992 Left work.

Property: $1.25m

Bought first

Plan and GrowBreakfast (time) !Every Friday: • 3 hour breakfast starting after

people have gone to work• Sometimes followed by 1 hour

massage!• And then go out and look for

property• I bought 3 houses with my

super payout to create an income (for the banks)

Plan and Grow

I sought a Seminar Role ModelWhatever he said to do I didWrote a book & created a workshop in 6 weeks!I achieved my goal and held a property seminar

Plan and Grow

• Paul was at my seminar

• 4 properties in 15 years

• 6 properties in 11 months…loser!!

1999: How I met Fast Track Ferrari

21 years 7 years

1992 Left work.

Property: $1.25m

Bought first

1998 Met Paul. Property: $2m

2003 Property: $10m

Plan and Grow

• Watched what Paul did …• My Reno Role Model• Did JV’s with Paul• Held instead of selling

Plan and Grow

• Paul was developing• I owned development sites• Paul said “Geoffrey you gotta build

something!”

Plan and Grow

• I did a development course

Plan and Grow

GOALS:• To do first development• To have 100 properties• To receive $1m in rent

Plan and Grow

10 x 1 bedders$1million capital gain

My first development!

21 years 7 years

1992 Left work.

Property: $1.25m

Bought first

1998 Met Paul. Property: $2m

2003 Property: $10m

2005 Did development course.

Property: $13m

2013 Property: $27m +

13 year

8 year

Plan and Grow

It’s now 2013:• $27 million in property• $1,100,000 in rent

Plan and Grow

I FAILED!!!

I only have 57 properties!

Summary

So what didn’t work?BikiesToo little researchHolding vacant landMy J.O.B.‘Buy and Pray’ methodDesperate LandlordingTrying to be an expert in everything!

Summary

So what worked?Beating the F.E.A.R: Mind PowerGoal setting and taking actionControl my finances: MoneyfinderAdding value with renos: PaulAdding value with developmentsGetting a ‘street smart’ educationHaving the ‘A Team’Turning Property (my passion) into my hobby

SummaryWhat’s next for you!

Look at where you are!Plan where you want to be.Set your goals…Decide where your Roadblocks are.Decide what needs to change!Find the information or Role Model to make that

change.

Take Massive Action…Now!

Property Success

Who is serious about being really successful in property?

Do you really want to create change in your life?

Property Intensive Program

1. Priority Access to the Reno Kings through direct personal mobile phone access

2. Full Email Access to Justin, Geoff & Paul

3. Have the Reno Kings Inspect Your Property for You

4. Two (2) Live On-Site Tours to Renovation and/or Development Projects in Progress

5. Membership to Our Exclusive Mastermind Group

6. Six (6) Intimate Half-Day Classes for Property Intensive Members Only

7. Live Monthly Property Intensive Teleconferences

8. Full Membership to Property to the Max for 12 months

Property Intensive Program9. Assistance with planning, scheduling,

troubleshooting & problem-solving your renovation & development plans

10. 12 months Full National RPData Access

11. Personalised Support Services Quality Australia-Based Support Person Your Own Brisbane Buyer’s Agent Your Own Newcastle/Hunter Buyer’s Agent

12. Buyer’s Agent Commission Slashed

13. Done-for-You Floorplan Critique

14. Video Hardpack Library

15. Two (2) Seats for On The Buses Mobile Workshop

16. Bonus Research & Planning Tool : iPad mini 16GB with Wi-Fi + 3G

The Property Intensive Program is for people who:• want to get to the next level in property• want to work closely & intensely with the Reno Kings Team• want to be held accountable for making progress• have a track record of success• are highly motivated and self starters• are fun to be around• and want to hang around with like minded people

Your Investment :$19,947

OR12 monthly instalments of $1,997

Property Intensive ProgramMembership is by application only

• When you apply, the Reno Kings will talk to you after the workshop about your application

• Both the Reno Kings and you need to be happy that you can work together for the membership to proceed

Property Intensive ProgramMembership is by application only

Applications are being taken this weekend for the next intake

To be considered for the program, please submit your application before you leave this afternoon

Fail to Plan ↓ Plan to Fail

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