1 00:00:00,000 --> 00:00:04,000 You've saved up £5,000 and you're wondering how to invest it and what you should do because 2 00:00:04,000 --> 00:00:07,480 you don't want to waste it and it might have taken you a very long time to save it up and 3 00:00:07,480 --> 00:00:08,480 that's fair enough. 4 00:00:08,480 --> 00:00:13,360 So I'm going to tell you how I invested my first £5,000 which has resulted in me now 5 00:00:13,360 --> 00:00:18,200 co-owning a company that has £1.8 million worth of properties in the pipeline all for 6 00:00:18,200 --> 00:00:21,720 our clients and we now have a waiting list of clients and we have a converter belt of 7 00:00:21,720 --> 00:00:22,800 deals coming our way. 8 00:00:22,800 --> 00:00:24,440 So it's definitely worked for me. 9 00:00:24,440 --> 00:00:28,000 So my plan for this video is to tell you what it is that I've done, how I invested it and 10 00:00:28,000 --> 00:00:30,120 then what you can take from it to apply to yourself. 11 00:00:30,120 --> 00:00:33,960 So the first £3,500 I invested was into like a training course. 12 00:00:33,960 --> 00:00:38,080 It lasted about three months, it was CPD certified and it wasn't like one of those three day 13 00:00:38,080 --> 00:00:39,080 ones. 14 00:00:39,080 --> 00:00:41,720 I'm not really a big fan of those three day ones because for me personally, I can't take 15 00:00:41,720 --> 00:00:43,440 in all of that information at once. 16 00:00:43,440 --> 00:00:46,000 It'll just go out as fast as it came in right. 17 00:00:46,000 --> 00:00:47,000 I can't do those. 18 00:00:47,000 --> 00:00:50,880 So I prefer one of those three months one and this was like an everything course for 19 00:00:50,880 --> 00:00:52,140 what it is that I do. 20 00:00:52,140 --> 00:00:56,440 So it wasn't just like just learn these like little bits of information. 21 00:00:56,440 --> 00:00:57,620 It was just everything. 22 00:00:57,620 --> 00:01:00,960 So basically I went from nothing to setting up the company to learning everything that 23 00:01:00,960 --> 00:01:01,960 it is I need to do. 24 00:01:01,960 --> 00:01:05,240 So the area of research, I had to find clients, I had to find deals, marketing, sales, all 25 00:01:05,240 --> 00:01:07,920 the things like negotiations, all of these things. 26 00:01:07,920 --> 00:01:11,120 And then by the end of it, I was fully trained, fully qualified and ready to go. 27 00:01:11,120 --> 00:01:15,600 So the first £3,500 I spent investing in myself and my education. 28 00:01:15,600 --> 00:01:18,800 Then after that I spent £1,250 setting up the company. 29 00:01:18,800 --> 00:01:22,320 So getting all the compliances because in what I do, you need to be fully compliant, 30 00:01:22,320 --> 00:01:26,960 which means I had to get like ICO, I had to get insurance, I had to get PRS, I had to 31 00:01:26,960 --> 00:01:29,440 get what's the other one? 32 00:01:29,440 --> 00:01:32,960 Any money laundering, all these things I need to be compliant towards to do what I need 33 00:01:32,960 --> 00:01:34,120 to do like legally. 34 00:01:34,120 --> 00:01:37,840 And then after that I spent the last £250 on just going to networking events because 35 00:01:37,840 --> 00:01:40,040 I moved to Sheffield, I didn't know anyone. 36 00:01:40,040 --> 00:01:43,720 So I decided I'm going to go to a few networking events, meet people, ask them to go for coffee 37 00:01:43,720 --> 00:01:47,520 to start building my network and also just go there to let them know that I'm here and 38 00:01:47,520 --> 00:01:49,920 this is what I'm doing and just tell the world what is I'm doing. 39 00:01:49,920 --> 00:01:53,480 Now I understand that you may not want to do what it is that I do like deal packaging. 40 00:01:53,480 --> 00:01:56,940 So let's talk about what it is that I actually invested in. 41 00:01:56,940 --> 00:02:02,080 The first large chunk of money I invested in myself, my education, I needed the training 42 00:02:02,080 --> 00:02:06,320 and I also wanted to show people that you can invest in me because I invest in myself, 43 00:02:06,320 --> 00:02:07,320 I believe in myself. 44 00:02:07,320 --> 00:02:12,320 Like I need to get fully trained and fully qualified in order to build a solid foundation 45 00:02:12,320 --> 00:02:14,920 to then scale a skyscraper on top of it, right? 46 00:02:14,920 --> 00:02:17,600 I don't think that's how the saying goes but you know what I mean. 47 00:02:17,600 --> 00:02:20,400 And the second part was just setting up the company. 48 00:02:20,400 --> 00:02:24,480 Setting up a company, yes you can technically do it for like 12 quid on company's house, 49 00:02:24,480 --> 00:02:28,120 that's what you need to like register the company and whatnot but a lot more can go 50 00:02:28,120 --> 00:02:29,120 into it. 51 00:02:29,120 --> 00:02:32,160 So for me I had to get all these compliances, all these things to make it a legal company 52 00:02:32,160 --> 00:02:35,120 and for a lot of other companies out there you have to do all these things to get the 53 00:02:35,120 --> 00:02:36,600 company like legitimate. 54 00:02:36,600 --> 00:02:38,960 So you might need to save money towards that. 55 00:02:38,960 --> 00:02:42,960 And then after that I spent the rest of my money telling the world about my stuff, telling 56 00:02:42,960 --> 00:02:47,160 the world what it is that I do and that's something that everyone needs to do. 57 00:02:47,160 --> 00:02:51,360 Yes you can do it for free, you can message people online which I also done but I wanted 58 00:02:51,360 --> 00:02:54,440 to go to these networking events because I knew that's where like-minded people like 59 00:02:54,440 --> 00:02:59,800 met and the whole theme of it is to network, is to connect, build each other's networks 60 00:02:59,800 --> 00:03:02,200 and help each other, give each other referrals. 61 00:03:02,200 --> 00:03:06,440 That's what I wanted because like I said I'm new down here, I didn't know anyone at the 62 00:03:06,440 --> 00:03:10,780 time so that was something I had to do and I wanted to go out there and just introduce 63 00:03:10,780 --> 00:03:13,940 myself to people and make sure that they knew what it is that I done. 64 00:03:13,940 --> 00:03:16,760 So you have to let the world know what it is you do. 65 00:03:16,760 --> 00:03:21,680 You can do it for free, that's absolutely fine and I also done that on top of it but 66 00:03:21,680 --> 00:03:26,960 going to networking events, going to events where people in your niche also go so you 67 00:03:26,960 --> 00:03:28,780 can ask them loads of questions. 68 00:03:28,780 --> 00:03:32,480 It doesn't even have to be just to get clients, you can just go to people and ask them loads 69 00:03:32,480 --> 00:03:35,720 of questions and learn how did they get to where they are today because you might see 70 00:03:35,720 --> 00:03:40,180 someone that's a few years ahead of you doing what it is that you want to do and you might 71 00:03:40,180 --> 00:03:42,040 be thinking how did they do that? 72 00:03:42,040 --> 00:03:44,520 Like how did they do what I want to do? 73 00:03:44,520 --> 00:03:45,520 How did they succeed? 74 00:03:45,520 --> 00:03:49,040 So you approach them, hey I want to go for a coffee and just be like look I want to ask 75 00:03:49,040 --> 00:03:54,060 you a few questions if you don't mind it would really mean the world to me if you could just 76 00:03:54,060 --> 00:03:57,280 help me out because I'm just starting my journey and I just want to learn from someone who 77 00:03:57,280 --> 00:03:59,120 is doing what it is that I want to do. 78 00:03:59,120 --> 00:04:04,000 So to summarise what it is I done, I invested in myself and got training, I set up the company, 79 00:04:04,000 --> 00:04:07,960 I made it legitimate and legal and then I went out there and told the world what it 80 00:04:07,960 --> 00:04:12,640 is that I done and to be honest that's what I think most people should do. 81 00:04:12,640 --> 00:04:16,200 Get training, get legitimate and then tell the world about your stuff. 82 00:04:16,200 --> 00:04:43,200 I'll see you in the next one.