Real Estate Investment:Today

3 Lessons I learned at Wealth Retreat 2022

Key takeaways

Opportunities like this are few and far between and not to be missed.

The first exercise gave me a level of certainty as I no longer did — I have to focus on the short term, getting the timing right, or worrying about interest rates or black swan events.

The second exercise is about A, B, C, and D class activities and prioritising.

The third task aims at increasing your financial thermostat, and therefore your wealth, you need to increase your mind’s capacity.

Wealth Retreat is not solely a property or business event, it encompasses a range of areas and topics.

Would you like to take a peek behind the curtains to understand what goes on at our Wealth Retreat each year?

This year’s Wealth Retreat on the Gold Coast has now been and gone, but the lessons remain.

It is not only what we learned from the world-class presenters up on stage, but also what we learned from other guests.

Wealth Retreat

After all, how often do you find yourself in a room full of successful, like-minded people, that walk and talk the same language?

Opportunities like this are few and far between and are not to be missed.

While I could go on all day talking about the 5-day event, I have short-listed the three most popular takeaways our clients took away.

Many think this is a property event, but as you will soon find out, there is much more to it!

Here are my thoughts:

Lesson 1 – Creating Wealth is a Process, Not an Event

Are you waiting for a big change of luck or maybe a once-off event to boost your wealth?

If you are like the majority of Australians, winning the Lottery may feel like the only option to becoming wealthy.

When I started my wealth journey, I was always waiting for something “big” to happen.

I too played the lottery and waited and hoped.

Maybe one day I would buy a property and develop it to then sell for a huge profit.

I was searching for a one-off event, but it never seemed to come.

To my relief and probably yours, I found out there is a better way.

Michael Yardney had a great session where he explained is about using a specific framework to find a pathway to your goals.

We started out by working out what our end goal is, that is what we would like to achieve, and in what timeframe.

Then by following the proven framework, we can reverse engineer and put the steps in place to understand what is required to get there.

I found some solace in this exercise, as I now had a blueprint for my goals and they no longer appeared as a dream or wishes.

It also gave me a level of certainty as I no longer did — I have to focus on the short term, getting the timing right, or worrying about interest rates or black swan events.

I walked away with a greater level of direction and certainty, more than at any stage before!

Growing Wealth

Lesson 2 – Time and Task Prioritisation

How is your Time Management?

I know that this is something I have worked on before but coupled with task prioritisation, it took on a whole new meaning.

Michael Yardney and Mark Creedon combined to share some of the secrets they share with their clients at Business Accelerator Mastermind.

Michael started out by working on what our A, B, C, and D class activities are.

In short, A-class activities are generally events that happen maybe only a couple of times each year but can generate the greatest amount of income.

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