The Reason I Stopped Posting And My New Plan Of Action

Myself and friend Betty Masters at the LICN meeting in Leicester February 2012

So, why did I stop posting? Lots of reasons, but I suppose if I’m honest I kind of ‘lost faith’ due to having to go back to work after posting ‘I’ve sacked my job!’ in April last year.  To re-cap, I’d been intending to go full time as a property investor after handing in my notice in at the  NHS.

So, what went wrong? With hindsight I was a tad impulsive…but then i usually am…steam in full speed ahead, then think afterwards, this doesn’t always work for me but I don’t get put off lol! I’m a positive person and not afraid to take risks, however I realise the type of risks I SHOULD be taking should at least be calculated in some way and not ‘pot luck’ lol.

It’s been said many times before but ‘If you fail to plan, you plan to fail’ . I think that sums it up very well. It’s good to be positive and motivated but YOU HAVE GOT TO HAVE A PLAN. PRACTICE WHAT YOU PREACH SUZANNE!

I looked back at all the leads I’d sourced from my leafletting campaigns, there were lots of them, some of them uncontacted because I didn’t have time with working as well. Trying to do everything yourself is NOT a good idea,  I built the website, I designed the flyers, ordered them, advertised for distributors, delivered flyers to distributors, did the spot checks, answered the ‘Batphone’ when it rang, chatted and negotiated with vendors, visited them at home if need be, researched and typed up the comparables and sent out offers, called Estate agents, viewed properties, dealt with mortgage brokers and solicitors, attended property network meetings etc etc…as well as working 4 days a week and running a home!

Obviously this was all costing money and there wasn’t enough coming  in, our properties were cash flowing well but it wasn;t enough,  we had a home to run, bills to pay which were totting up, I got stressed and was forced to look for another job. I was offered a full time post as a Virtual Office Assistant in Market Harborough which I started in June 2011…..I hated it, I was cooped up in a small dark office for 9 hours a day, not moving off my chair with no lunch break, with the travelling it turned into an 11 hour day! I was rarely at home, my house needed a good clean,.

I felt stressed and I was designing more websites for SEO, Website Building, Leaflet Printing, and even one for marketing Gold iPhones (another idea of mine – which I roped my poor colleague into!) www.iphoneingold.com – anyone want one? See me at the end for a discount haha!

So what was going wrong? I was very busy doing ‘a bit of this’ and ‘a bit of that’ but I had no FOCUS.  I spent too much time half-heartedly trying to make money with lots of bright ideas instead of just sticking to what I know and am passionate about – PROPERTY! So that’s what I’m going to do from now on.

I’m surprised at how many views I’ve gotten on my blog over the past year considering I haven’t been posting and I also get a lot of new property investors contacting me asking questions (which I’ve been happy to answer) so this has given me a proverbial kick up the butt I need to carry on!  Plus, I’ve done all those property courses too, what a waste if I don’t use my knowledge, so, I’ve started regularly attending property network meetings, mainly the Leicester meets – East Midlands Property Meeting with Parmdeep Vadesha and the Leicester Investors Curry Night (LICN) with Rajesh Gohil. They are all great guys and very helpful, I’ve  realised how vital these meetings are to keep me motivated and on track, so thanks guys 🙂

I now have a ‘Plan’ in place and have started implementing it this week.  I’m going to do an EXPERIMENT and hope to get a couple of good leads as a result. I’m just off to my ‘Zumba’ class now so I’ll tell you all about my plans next time. Watch this space 🙂

Why Is It Important To Network?

Hello again 🙂

It’s been suggested that my blogs are a bit ‘long winded’ and I admit I do tend to waffle on a lot so I’m going to try and keep them a bit shorter so that people don’t get fed up reading half way through (and it’s less time for me to have to sit tapping on the laptop!) I can’t promise, I do like attention to detail, but here goes….

Never underestimate the power of networking

Anyway, networking, why is it important?  What is networking all about?

If you look up the term ‘networking’ in a dictionary it describes it as:  ‘a supportive system of sharing information and services among individuals and groups having a common interest’  which sums it up perfectly.

You really cannot underestimate the power of what networking can do for you and your business.

I love going to networking meetings. I’ve met some amazing people, everyone is unique and has a different story to tell and EVERY time I pick up new tips and skills that increase my knowledge.

 So how can you network?

  • Attend courses
  • Networking meetings (held all over the country)
  • Post on forums (as many as possible, get yourself  ‘known’)
  • Sign up to all the social media sites
  • Call people you meet regualrly and keep in touch
  • Listen in to webinars
  • Attend relevant events (seminars, free events, workshops etc)
  • Go to social events (a great and informal way to get to know people)

Whilst at these events, speak to as many people as you can, find out why they’re there.  What do they do? Where are they from? What do they hope to gain? What are they looking for? What skills do they have? Can they help you at all? and most importantly, how can you help THEM?

Collect business cards, as many as you can, because you need to build your list of contacts, you can never have enough of these. Networking will help you to expand your contact list. This will help you to expand your sales base and bring you in touch with different requirements to help you to diversify your business.

Join property forums, ask questions to build your knowledge.  Join in with discussions and help new investors by answering their questions, add people as ‘friends’ and keep in touch regularly. The one’s I currently use are:  TYCOONS: www.property-networking.com   PROPERTY TRIBES:  www.propertytribes.ning.com  and SINGING PIG: www.singingpig.co.uk

Join as many social media networking sites as possible like: Facebook, Twitter, Digg It, Stumble Upon (there are loads of them) social networking is very powerful and members are growing in their thousands daily so you need to get your name and your business on there.

When I started my first property course there was a lot of emphasis put on ‘networking’ and why we should all be doing it.  At first I didn’t give it a lot of thought. I told myself I’d try and make it to a couple of meetings if I had the time.

However,  since I’ve been attending events, socialising, posting on the forums etc, I have met SO MANY PEOPLE, a lot of whom have become good friends and I’ve learnt as much from them as I have from paid courses. It has not ceased to amaze me how people have been and continue to be so helpful 🙂

The more people you meet and network with, the more opportunities will come your way.

Forums are great for making friends and asking questions and you can have a good chat on the ‘phone but I prefer to meet up with people face to face.  It’s much more informal, you can relax over a drink and get to know the ‘real’ person this way.

Maybe it’s a ‘woman thing’- and I’m biased- but intuition plays a big part for me.  I can ‘sense’ if I’m going to like and trust someone pretty quickly, and I wouldn’t want to work with someone I didn’t like or trust.

People I’ve met recently and learnt from through networking

I’m only mentioning RECENT people I’ve met in the last month as I’d be here all day if I listed ALL my contacts.  I like to get around 🙂

Vince Audritt and Laura Smithson

I have a new business partner called Vincent Audritt who I met through the TMA course, he’s very intelligent, has a great head for business as he’s run his own company for many years, and is a really nice trustworthy guy.

My husband and I have become good friends with Vince and his partner Laura (I love her, she’s great fun) and meet up socially regularly. 

They have just flown off to Thailand on an intensive Internet Marketing course (wish I could’ve gone!) Vince is a great writer and also has his own blog: www.propertyinvestmentjournal.com

as does Laura: www.laurasmithson.com  

Colin & Karen Parker

Colin Parker:  I first met Colin through a property forum about a year ago when he helped me with a query I’d posted (one of many lol) 

 Last week Colin and his wife Karen (lovely person) invited me up to Newcastle for a couple of days to have a  look around the area and see how they run their very successful property investment company called ONEPORTFOLIO-NGU www.highgrowthpropertyinvestment.co.uk

They were good fun, great hosts and took me out ‘on the toon’ ! I had a brilliant time, learnt a lot about how the company runs and was very impressed (particularly with their ethics)  and as a result of my visit I will now be working closely with them. More about this in my next post 🙂
 

Rob Hubbard

A couple of weeks a go I met up with Rob  Hubbard who I met through the Property Tribes forum.

We met in Leicester for a drink and a chat, he’s a friendly guy, very knowledgeable and willing to help, he’s given me lots of tips on property investment strategies
.
Rob is a property investor and sourcer who’s based in Wakefield and he recently did an interview talking about his views on ethical property sourcing  http://www.youtube.com/watch?v=oj6CBSbT3UQ  with Vanessa Warwick (another friend of mine and co administrator of the Proprty Tribes forum)

 We keep in touch and he’s invited me up to the next Northern Property Tribes meet to speak!!! OMG don’t know about that, I’m very flattered, but what could I possibly speak about!  I’d like to  go anyway as a guest, meet new contacts and make new friends 🙂

Sue & Maksoom, property entrepreneurs

Sue Elkington & Maksoom Hussein: Two lovely friends I met through Parmdeep Vadesha’s TMA course.

Amazing people, they both had a difficult start in life yet have triumphed against all odds to become successful investors and now co- host the Birmingham Property meet which I try to attend regularly, they have some great speakers.

We keep in touch and I met up with them for a lunch time meal in Birmingham to hear all about the interesting things they were getting up to. Sue is a dab hand at DIY with many years experience and would put many a man to shame, she’s soon running a course on Property Refurbishment which I can fully recommend: http://www.youtube.com/watch?v=MZGjeNtjCng

Philomena Connelly

Yesterday I met up with Philomena Connelly who I met on the Wealth Dragons course, she’s a genuinely kind and friendly person who runs a home design business so can help if you need to dress up a property to optimise it’s sale price for resale or letting : www.shapinghomes.co.uk 

We met for lunch (she lives in Bristol and came out of her way enroute from Bedford to meet me)  and we spent three hours chatting, exchanging experiences and had a lovely time (you know what it’s like when women get together! )

Philomena is determined, like myself, to pursue a career in property investment, as well as as being a teacher of Salsa! (Oh I’d love to be able to do that!) We shared our recent findings and experiences and will definitely keep in touch.

 I’ve also spoken to lots of people by email and on the forums in the past month, they help me and I help them, which is what it’s all about, you don’t just take, you give back. I’ve met sooo many helpful people in this industry, I love being  apart of it and get a great buzz from being able to help a ‘newbie’.

Yes it takes up a lot of my time to do this but as the saying goes ‘Two heads are better than one’  so think of the possibilities of having many heads helping with your knowledge and building your business 🙂

Tomorrow I’m in Milton Keynes all day for training as an apprentice for the Wealth Dragons.

Until next time, Happy Networking Folks. You know it makes sense!

Mmmm, wasn’t exactly SHORT was it? Sorry 😉

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