Female Friendly Investment Strategies: Debbie Williams Property Diva
The age old debate as to whether the stock market or investing in property returns the better yield is better answered by asking the personal question: What is your individual appetite for risk?
Women are generally perceived to be more conservative in their investment strategies and there is an element of truth in this observation.
The emergence of a generation of single women in full time employment, and their new found financial freedom and independence means that investment decisions are now wholly and solely within their sphere of control.
Unlike their male counterparts they have only just become aware that they are now in the position to invest and with that plan for a very comfortable self funded retirement.
Faced with an often confusing number of choices, the only way to know if the property or the share market suits you is to be actively involved.
Do not let fear of making a mistake stop you from taking action, because that is the only way you will learn, grasshopper.
So, let me introduce you to Debbie Williams.
If her story does not inspire you to do something for yourself, then we are all doomed!
Click here Interview with Debbie Williams (unlinked)
Debbie Williams’ amazing trajectory to becoming a millionaire property investor began not as a person with a truckload of cash but as a 15 year old homeless youth.
From being a self-confessed dissatisfied person, Debbie found that her knack for property investing dramatically improved her self-esteem and lifestyle. The momentum from her first renovation that netted $30, 000 has seen her recently create a cool $1 million in equity in 12 months.
The experience of being disenfranchised and dispossessed became the impetus for Debbie to carve out a better future for herself. Today she helps local homeless people with their accommodation needs.
Her advice includes, “Be comfortable with being uncomfortable”. She talks about feeling the fear but taking action. “Attending property investment courses are only half of the equation, implementing the steps learned has made all the difference in my life”.
She is living proof that even in this current economic climate of gloom and doom, there are profits to be made. “It is all in how you look at it”, she states. “Your attitude is very important, and surround yourself with a good team of people”. “Finally, celebrate your wins, no matter how small they seem at the time”.
Find Debbie at
http://www.savvypropertypeople.com.au
Dal LaMagna Interview: Failure Is Not Final
If you subscribe to self-development eNewsletters, round about this time of the year, (late January of 2011), your inbox will be inundated with a ton of emails with subject headings like “10 reasons why your new year’s resolutions have failed” and that is usually followed by an offer of “How we can help”.
If you have stuck with your resolution to improve your health, fitness, finances, and personal relationships then kudos to you.
Okay, so the title of this article may sound like one of those motivational, “Come on people, pick yourself up when you’re down” types.
Maybe it is, may be it isn’t. It all depends on your perspective.
Dal LaMagna Interview You can download the mp3 recording and pdf transcript of this interview by going to http://yourmoneyandyourmindset.com/online-store/
You see, we often make the mistake that successful people (millionaires) burst on to the scene as readymade straight out of the box (overnight) successes.
Some of these erroneous assumptions are engineered by the popular press because of the higher drama impact it has on the reader and hence circulation, and revenue (ooh, isn’t that cynical).
The reality is more boring, but nevertheless equally important.
It isn’t sexy to talk about the hard yards, sacrifices and sense of self belief and faith these people showed in the face of adversity.
Show me a person who claims to have just thought up an idea, implemented it and cashed in the millions of dollars without breaking into a sweat and I will show you Pinocchio.
So, I am going to throw you this idea. If you don’t fail, you will not know how to succeed. No, it’s not a mind bender, it actually occurs with predictable frequency.
I have made it my mission to ask self made millionaires how they arrived at their current situation.
Not a single millionaire has glossed over their multiple attempts before finally getting the right business plan, system or model to work well for them. Their candour and honesty is indeed refreshing.
Therefore, I would like to share with you the following interview with Mr Dal LaMagna, the founder of Tweezerman. He is actually a funny guy.
Mr Tweezerman
I have included a synopsis and titled the interview: How to fail your way to success
Dal LaMagna speaks honestly about his sixteen failed business ventures including turning down an offer from Coca Cola and saying no to being involved with the Woodstock Music Festival before he made his fortune from his company Tweezerman.
Tweezerman started as a one-man operation with seed capital of $500. By using head and heart business principles to grow his venture, he was able to walk away with millions when he sold it years later.
Dal shares his wisdom and insights on how to succeed as an entrepreneur in his new book Raising Eyebrows: A Failed Entrepreneur Finally Gets It Right (John Wiley & Sons).
He has done a huge favor to all the budding business tycoons out there by being up front and authentic when he tells it like it is which means you have to do the hard yards and own up to your mistakes, and that’s just for starters.
What more, the man shows that you can be a capitalist and have a social conscience.
I found Dal’s leadership style inspirational-there aren’t many CEOs who genuinely care and will take onboard every employee’s suggestion to grow a business.
Tweezerman flourished because Dal had the foresight to make each and every employee a partner in the business. Yes folks, they got a share of the revenue, not just a monthly pay check.
Do yourself a favor, get the book and read Dal’s many tips on how to succeed in business, and maybe just maybe you will not need to fail 16 times before hitting the mother lode.
Find him at his website:
http://www.dallamagna.com
MJ DeMarco Interview: How to retire young and rich
Ladies, this one is for the men in your lives.
I recently spoke with Michael J DeMarco who has just authored a book with a title that caught my eye.
The Millionaire Fastlane-Crack the code to wealth and live rich for a lifetime
Mr Millionaire Fastlane
MJ DeMarco Interview You can download the mp3 recording and pdf transcript of this interview by going to http://yourmoneyandyourmindset.com/online-store/
MJ’s views and opinions on wealth creation take on a high octane flavour. For one thing, he doesn’t accept that people have to scrimp and save and take 50 years to become financial independent.
He rejects the “get rich slow” plan which see people in the twilight of their years before they can enjoy their hard earned cash.
His ideas certainly challenge conventional financial wisdom that is offered by many other well known finance gurus on the scene.
In my interview with MJ now in his thirties, he tells of a chance meeting with a young man getting into his Lamborghini at an ice cream place, where he, as a spellbound 12 year old awoke to the possibility that one day he too be like this young millionaire.
From that fateful encounter he made it his mission to study the habits and characteristics of young millionaires and decided that in the simplest terms it would mean becoming an entrepreneur.
He pulls no punches and tells it like it is; that people can either do nothing (Sidewalk strollers), take the Slowlane and wait until they are in their 70’s before being able to enjoy the fruits of their labor.
Then there are people like MJ who elect to take the Fastlane and retire YOUNG without sacrificing lifestyle.
And yes, he does drive a Lamborghini.
Yours in health, wealth and happiness