🎙️ From Managing Projects to Building Empires — and Why Australian Property Investing is a Different Ball Game 🧠🏘️ In the episode of "How to Become a Millionaire" podcast with Sam Bastow, Tim Witt shares some golden lessons every aspiring entrepreneur and investor needs to hear. 🏗️ Main Takeaways: ✅ How Tim transitioned from managing projects for others to owning and scaling his own property business. ✅ Why it's critical to stop working in the business and start working on the business. ✅ Why delegation, systems, and leveraging other people’s skills is key to scaling successfully. 🇦🇺 As fellow Australians, Tim and I also resonate on another important topic: The challenges of the Australian property market — with low cashflow returns and the heavy reliance on negative gearing strategies to offset taxable income. ❌ High buy-in prices ❌ Poor rental yields ❌ Risky dependence on capital growth It's a big part of why many Aussies, including Tim and myself, now invest in the UK, where better cashflow and smarter strategies can truly create financial freedom. 🎯 Another highlight from the podcast was the discussion on Daniel Priestley, fellow Brisbane entrepreneur and best-selling author. Tim shared how Daniel Priestley's books, like Key Person of Influence and Oversubscribed, are essential reading for entrepreneurs who want to leverage assets, build influence, and scale faster. We both share a passion for Daniel’s teachings — they are must-reads if you’re serious about levelling up your business game. 💥 The message is clear: If you want to build real wealth and impact, you must move from being a doer to being a leader, a strategist, and a value creator. 🔗 Ready to learn how to invest smarter, build multiple income streams, and finally get your money working harder for you — instead of you working harder for it? 🚀 Follow me for more insights and DM me if you're ready to join our journey of turning empty spaces into modern homes and workspaces! 🔖 #MillionaireMindset #WorkOnTheBusiness #RemoteInvesting #CashflowOverNegativeGearing #SmartInvesting #PropertyDevelopment #ScalingUpSuccess #DanielPriestley #KeyPersonOfInfluence #Oversubscribed #LeverageAndScale #BuildWealthWisely #FinancialFreedomJourney #InvestorsMindset #InvestorsOfInstagram #LinkedInInvestors #PassiveIncomeJourney @Sam Bastow

Posted by Lily Claudia HammarlundSim at 2025-04-30 07:19:05 UTC