Please use the menu below to navigate to any article section:<\/p>\n<\/div>\n
Today I\u2019m going to do something a little bit different; I\u2019m going to give you some insights into what makes me tick.<\/strong><\/p>\n Maybe you\u2019ll learn something useful from it, maybe you won\u2019t.<\/p>\n I remember a while ago (when I was still personally seeing clients) a prospective client asked me:<\/p>\n \u201cMichael now that\u00a0the candles cost more than your birthday cake why are you still working?\u201d<\/em><\/p>\n I know others have wondered:<\/p>\n \u201cIs this guy really financially independent?<\/em><\/p>\n Does he really have a substantial property portfolio?<\/em><\/p>\n And if so why is he sitting here across the table from me wanting to show me how I can become financially independent?\u201d<\/em><\/p>\n I\u2019d like to answer these questions because there are some instructive lessons for anyone who wants to develop financial independence particularly if you\u2019d like to do so by growing a multi-million dollar property portfolio.<\/p>\n First the answer to the second question: <\/strong>Yes I am truly financially independent, having over the years built a very, very substantial property investment portfolio of residential, commercial, industrial, and retail properties.
In my books and on my podcast I talk about the concept of building yourself a \u201cCash Machine\u201d.<\/p>\n Pam and I truly have a \u201cCash Machine\u201d that gives us real choices in life.<\/p>\n Prior to Covid we would take one very long (6 weeks or so) break \u2013 often a cruise \u2013 over the summers months and a number of shorter vacations throughout the year.<\/p>\n But I think the biggest lesson will come out of my answer to the question of why I\u2019m still working.<\/strong><\/p>\n Let me explain with a little story\u2026<\/p>\n I remember a couple of years ago reading that Ringo Starr (yes the famous Beatle) was touring America.<\/p>\n He was 74 years old at the time.<\/p>\n He was doing a multi-city tour of America, at the age of 74, turning up at one city performing, leaving, and then on to the next place.<\/p>\n I repeat he was 74 years old and still on tour.<\/strong><\/p>\n And Mick Jaggar was doing the same at the age of 76!<\/p>\n I suppose this should be reassuring for me \u2013 it suggests that 10 years from now I might still somehow or other be able to get up on the stage and deliver my seminars.<\/p>\n Over the years I\u2019ve worked hard so that I now don\u2019t need to work for financial reasons, but I think I will still enjoy doing it when I\u2019m 74 years old just like Ringo does.<\/p>\n As far as I know, neither Ringo nor Mick Jagger has any unmet financial needs.
They\u2019re still touring largely because they have nothing better to do.<\/p>\n I think a more constructive comment would be\u2026<\/strong><\/p>\n They\u2019re\u00a0still touring because they have nothing else to do for which they have comparable enthusiasm.<\/p>\n Why do they stay at it long after they need to reveal why certain people became so successful at it.<\/strong><\/p>\n Many top achievers who are successful at what they do and rich because of what they do develop such intense enthusiasm for \u201cit\u201d that not doing \u201cit\u201d is akin to severing an arm.<\/p>\n I guess what I\u2019m trying to say is that what many people don\u2019t seem to understand is the reason so many business people, entrepreneurs, and property investors became so successful and rich is from the enthusiasm they had in their job in the first place.<\/p>\n If you\u2019re doing something you don\u2019t have to or won\u2019t quickly develop intense enthusiasm for, the likelihood of you achieving substantial success or becoming rich from it is slim indeed.<\/p>\n This is the main reason why I\u2019m still working.<\/strong><\/p>\n I still get an intense buzz putting together property deals, putting together training programs, writing my blogs, educating investors, and more importantly seeing clients become financially independent and successful.<\/p>\n You see\u2026<\/p>\n I spend all day talking about property while drinking coffee and dealing with nice people.
Why wouldn\u2019t I still be working?<\/strong><\/p>\n And to be honest I am still clearly, unashamedly, intensely enthusiastic about making and multiplying money.<\/p>\n I enjoy passing it on helping future generations including my children and grandchildren and also contributing significantly to charity.<\/p>\n I am very grateful for what I have and believe it\u2019s my obligation to repay the world and that\u2019s in part why I spend so much time writing and educating.<\/p>\n These activities are clearly the least financially profitable of all that I do but are the most rewarding.<\/p>\n What are you enthusiastic about?<\/p>\n Is it properly investing? I know for many it\u2019s property renovations or development \u2013 creating new or improving old dwellings.<\/p>\n So one of my messages to you today is\u2026<\/strong><\/p>\n Everybody has the capacity for intense enthusiasm \u2013 you just have to find the right outlet for yourself.<\/p>\n Having said that you can\u2019t just find something you\u2019re enthusiastic about and the money will roll in like they suggest in \u201cThe Secret\u201d<\/em>.<\/p>\n That just doesn\u2019t work!<\/p>\n I have found that many metaphysical teachers just talk about finding your passion and they largely ignore how important it is to \u201cmonetise\u201d your passion, preferring to let people fantasize that they can make money just by doing things they love.<\/p>\n You really must find a passion that provides a service or product that others are prepared and willing to pay for.<\/p>\n For most readers of my blog, this will be property and for many, it will be property renovations or development.<\/p>\n That\u2019s exactly how I built my, now substantial, property portfolio.<\/p>\n At my annual Wealth Retreat<\/a>, I give you the blueprint that I have used for successfully building a multi-million dollar property portfolio.\u00a0<\/span> This is a training event \u2013 there is nothing to sell the back of the room- no expensive courses and definitely no properties for sale.<\/p>\n Click here now<\/a> and get all the details, express your interest in joining us and we\u2019ll be in contact with you to have a qualification interview with me.<\/p>\n If you are serious about finding your passion\u2026<\/p>\n How would you like to spend 5 days with me and my personal mastermind group?
\n<\/p>\n If you do then maybe 2022 will be the year that everything changes.<\/p>\n Join me for five transformative days on the Gold Coast from April 2nd to 6th and get the one-on-one private mentorship you need to achieve your most ambitious goals and dreams.<\/p>\n Not just in property, but in business and in life in general, because the aim of Wealth Retreat is to create Lifetime Wealth<\/strong> and leave a legacy.<\/p>\n When you join us you will get:<\/strong><\/p>\n And if you would like to get the highest possible level of support for your most ambitious life and business goals, I encourage you to join me there!<\/p>\n You can learn more about this life-changing retreat here<\/a>. Here\u2019s your chance to take your property investment, career, or business to a much higher level \u2013 or change the script completely and set off on a new path that\u2019s better aligned with your passion and purpose.<\/p>\n If you are interested in joining us, please leave your details here<\/a> and we\u2019ll be in contact with you to have a qualification interview with you and secure your place quickly.<\/p>\n It is a unique opportunity \u2013 a very rare chance to work with a great team of mentors.<\/p>\n Wealth Retreat attracts an extremely high caliber of attendees.<\/p>\n These are people who are already successful and willing to take serious leaps in their careers, their personal lives, and the contributions they\u2019re making in the world.<\/p>\n They\u2019re the courageous few who dare to step out of the dominant culture of resignation and mediocrity and endeavour to create the life of their dreams.<\/p>\n Don\u2019t count yourself out..<\/strong>.<\/p>\n When you surround yourself with such motivated, energised, spiritually charged people, you tap into the power of the group and become more energized and powerful yourself.<\/p>\n There\u2019s no limit to what you can accomplish with the support and encouragement of such incredible people! Please note that to ensure the best possible experience, the number of attendees at Wealth Retreat is strictly limited.<\/p>\n This event WILL sell out \u2013 especially as 70% of the places are already taken<\/strong> by delegates who were unable to come when Covid made us cancel last year\u2019s event.<\/p>\n This happens every year because past participants have achieved amazing results.<\/p>\n I remember last time we held Wealth Retreat Glen came back.<\/p>\n The year before, 2018, Glen set audacious 5-year goals but ended up achieving a heap of them in 12 months.<\/p>\n He came and shared his experiences from the stage to show what\u2019s possible.<\/p>\n Click here<\/a> to check out the top lineup of Australian property, tax, business, and finance experts and find out more about the curriculum.<\/p>\n And you\u2019ll have the comfort of knowing that your attendance will be covered by my personal guarantee.<\/strong><\/p>\n Click here\u00a0<\/a>and please give yourself the chance to assess this opportunity properly \u2013 it will take about 10 minutes to read all the information.<\/p>\n While we can\u2019t predict the future, we have lined up Australia\u2019s leading experts to help you formulate a plan to protect your position and exploit the opportunities ahead. You will have the opportunity to spend 5 days with some of the Sharpest Minds in Australia, discovering proven systems and strategies for profitable property and business systems.<\/p>\n Click here now<\/a> and get all the details.<\/p>\n If you have any further questions please leave your details here<\/a> and you\u2019ll get a call from Jo Fitt who will be happy to answer all your questions and help you with your booking.<\/p>\n The intimate format of this workshop will give you plenty of time to ask your own personal questions of our faculty of speakers.<\/p>\n![\"Michael](\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2020\/03\/Michael-Yardney2.jpg\")
<\/a>You see\u2026<\/p>\nSome lessons for you<\/span><\/h2>\n
\n
\n<\/p>\n
\n
\n<\/p>\nSo here is an important lesson for you:<\/span><\/h2>\n
\n
\n<\/p>\nWhat about you?<\/span><\/h2>\n
<\/p>\nIt\u2019s really not as simple as that is it?<\/span><\/h2>\n
And\u2026once a year I spill my guts about how I did it.
<\/span><\/h2>\n<\/span><\/span><\/p>\nWhy not join us at Wealth Retreat 2022<\/a> on the Gold Coast in April.<\/span><\/h2>\n
\n
<\/p>\n<\/p>\nThis is likely to be the most important year for you to attend.<\/span><\/h2>\n
<\/p>\n