Lessons from Mark Homer’s “Low Cost High Life”

Mark Homer property investor

Low Cost High Life

Hiya,

For those of you that aren’t familiar with Mark Homer, he is a very successful property investor based in the UK. Over the past decade or so him and his partner, Rob Moore, have made their fortune buying, selling, refurbishing and renting property of all kinds.

Mark’s book “Low Cost High Life” details his childhood experiences that gave him the mindset for success, the lessons learned along the way and the advice for anyone else to replicate.

These are the lessons I gleaned from it, some I already learned from other authors but they bare repeating as that is how we learn best – repetition.

1. Always make sure you get more value than you pay for. IE: Don’t pay market price for investments if possible – reduce the risk

2. Learn to balance creating money and time equally in order to enjoy the independence true wealth brings.

3. Do not spend earned income on luxuries – it should only go in to either; living, saving or investing. Buy luxuries from passive income.

4. Understand the business you’re in as much as possible, it helps you remain passionate and spot opportunities. Temper your emotional urges with this knowledge to make rational decisions.

5. Get good at local property before considering overseas property. The laws and best practice may well be very different.

6. Networking events grow your network and that can be your best route to JVs, finance, expertise and latest investor trends.

7. Model those you admire that have been successful and made the mistakes. When walking through a mine field it’s best to follow someone else’s footsteps.

8. For maximum productivity stay fit and healthy. This will provide the energy and clarity of thought you need to focus and work effectively.

9. Put systems in place for everything, then manage the systems.

10. Keep 6-12 months operating cash at hand – ALL the time!

11. Invest for cashflow FIRST, and capital growth second.

12. Tap into the market’s perception of value in order to increase your price.

13. Get a PA asap.

Enjoy

Stu

:)

Leave a comment

Filed under Book reviews, Goals, Life changing, Success

Life lessons from “The Inner Game of Tennis”

Timothy Gallwey

How to learn anything effectively

Hiya,

A friend recently suggested a brilliant book to me called “The Inner Game of Tennis” by W. Timothy Gallwey. Gallwey wrote the book back in the 70s as a summary of his own approach to the game of tennis as a player and as a coach. He went on to use these techniques to coach corporate executives, entrepreneurs and athletes from many different sports.

Whether you play tennis or any other sport or simply want to improve your ability in any area of your life, this book will certainly stand shoulder to shoulder with any other life enhancement book out there. Here is what I learned:

1. The ‘I’ and the ‘Myself’ are two separate parts of our mind.

When we say “I was talking to myself” we are really talking about two very different aspects of ourselves. The ‘I‘ represents the conscious self that ‘thinks‘ it’s in control, and the ‘myself‘ is the unconscious self which is actually in control. The ‘I‘ always wants to assert itself over the ‘myself‘ – that is the ego. If we allow our conscious mind to dictate to our unconscious through negative words our unconscious actually takes on the ‘role’ of being that way (bad, useless, inconsistent etc.).

2. Any event is only ‘good’, ‘bad’ or ‘indifferent’ depending on our perspective – and we get to choose that.

When describing our performance in any area of our life it’s helpful to use non-emotional adjectives to describe what’s happening. Avoid judgemental words like ‘bad‘. In order to allow ourselves to learn more effectively we must try to detach ourselves from the outcome, a bit like a laboratory assistant noting the results of an experiment – wishing it to be neither one way or the other. This approach helps build trust between our conscious and unconscious minds. This reduces negative associations such as “I always mess up my first serve on pressure points“. By saying it, we override our body’s ability to make the shot.

3. Trying too hard uses more muscles than required to perform in a particular way.

This trying is controlled by the conscious mind and is a signal that it doesn’t trust the unconscious to let the body perform correctly. If our body has performed well in the past it will have stored that memory and can repeat it. By trying to control it we end up using too much energy and risk becoming fatigued prematurely. Also, by trying consciously we end up using muscles that weren’t involved in the correct performance thereby not performing in the  same way as we need to.

4. To communicate effectively it’s best to use the ‘others’ primary language.

When speaking to a French person it’s best to speak in fluent French in order to be optimally understood. Likewise, when speaking to the unconscious it’s best to speak in the primary language of the unconscious which was established in infancy; sight, sound and touch (mainly). Before a child understands verbal language it learns through its senses. Therefore, in order to learn effectively first watch someone else doing the activity correctly, then visualise yourself doing it. Then apply without trying to do it perfectly. Just allow your body to perform over and over without judgement.

5. Applying positive role playing

If we give the unconscious mind positive role playing commands it will act on these and reveal suppressed or even never-before-seen qualities or abilities. EG: “When I relax and visualise I find my performance improves dramatically.

6. When coaching physical activity first give technical instruction accompanied with awareness instruction.

An athlete for instance, should be shown how to perform a move and then encouraged to feel which particular parts of their body are responsible for certain movements. Once they know the how, they can become aware of whether they are actually moving in that way. When they realise there is a fault in their movement they can notice and adjust when they visualise. If they try to adjust physically before they have performed it correctly they may end up firing the wrong muscle groups.

7. Getting out of old undesirable habits

Undesirable habits are the main cause for sub-optimal performance. Start an alternate habit and the old one will dissipate in its own time. Like a baby learning to walk after habitually crawling for months. At first walking is more difficult and clumsy than crawling, but in time, crawling becomes obsolete.

8. Extending focus

In the book, Gallwey talks about tennis players creating interludes to distract them from thinking too hard. He would get them to concentrate on the seams of the ball (so they wouldn’t think about how they are hitting it), and then the bounce and hit each time on each stroke. By putting their attention on the interlude; bounce…hit…bounce…hit, they would have to allow their body to hit the ball intuitively without thinking. This is because our conscious mind cannot hold two thoughts at the same time.

9. The true power of competing

Gallwey’s realisation that competition was a good practice in order to achieve our true potential. Without it we are only shadow boxing. The competitor in this viewpoint becomes less an advesary and more a co-creator. They offer us the challenge to be the best we can be and we offer the same to them. This perspective allows us to see our competitors not as opponents but key players in our own development.

I’m looking forward to seeing how I can apply these lessons to the physical and non-physical aspects of my life and would love to hear if you succeed in doing so too.

Strive to thrive

Stu

:)

1 Comment

Filed under Confidence, Goals, Life changing, Self help, Self Improvement, Success

The Secret to Happiness

Secret to happiness

The Happiness Formula

Hiya,

Tony Robbins is one of the leading lights in personal development. Here’s his insightful formula for happiness:

BP stands for Blueprint – this is how you think your life ‘should‘ look in one area or another. In your health, wealth, relationships etc. At this moment in your life.

LC stands for Life Conditions. Tony states that if our Life Conditions equal our Blueprint for how our life ‘should’ be then we are happy. If they do not match then we are not happy. If you find that your Life Conditions don’t match how you feel your life ‘should’ be right now – read on.

So, how can you change your situation if your Life Conditions do not match your Blueprint?

  • 1. Change your Life Conditions, or
  • 2. Change the Blueprint

Simple, but like a lot of simple things in life – not easy. The programming we’ve had throughout our lives can sometimes make it feel impossible to make the changes necessary. But all change is possible when it come to mindset.

If you’re not sure where to start, begin with considering a life coach.

Strive to thrive

Stu

:)

2 Comments

Filed under Uncategorized

Career Advice from an Inspirational Journalist

Change your job

Great Career advice – for any career

Hiya,

My wife pointed me to this excellent article on becoming a freelance journalist by George Monbiot. The clue is in the word ‘free‘. But even if you’re not trying to be a writer the words here will inspire and provoke thought with regards to your own hopes and dreams.

If you’re still under 30 you may still have hopes and dreams, if you’re over 40 you may be wondering where they went. Read the article and it might just remind you…

Read the article by CLICKING HERE

Enjoy

Stu

:)

3 Comments

Filed under Change Job, Goals, Life changing

Getting over self doubt

Hiya,

What little voice in your head fills you with doubt?

Once you identify it, trace back to where it originated. Was it a critical parent or teacher?

Was it the bullying voices of peers. Over protective friends or family?

Once you know the origin ask yourself if there is any evidence to prove it might be correct.

My guess is that whatever evidence there may have been in the past is not valid now. Spend some time finding evidence to the contrary. It will dilute that doubt.

Enjoy

Stu

:)

Leave a comment

Filed under Confidence, Life changing, Self help

The Psychology of Self-Motivation

Hiya,

Do you ever wonder why you just can’t get certain things done in your life. You know you want to but for some reason you always find something else to do instead.

Watch this short TED Talk – it may just throw some light on Why.

Enjoy

Stu

:)

5 Comments

Filed under Goals, Life changing, Self help, Self Improvement, VIDEOS

Datchet to Cookham on the River Thames… Slow the pace down…

stuartart:

Slowing the pace down from time to time is a good catalyst for making changes in your life – last Friday I did just that along with my chum Jon, pooling down the Thames at 5mph. Lovely. :)

Originally posted on The Berkshire Community Blog:

I’d helped RBWM with raising the £120k sponsorship for the Magna Carta Flotilla… now it was time to capture some pictures… first job, get up the River Thames to Cookham Friday afternoon…

This was my Saturday evening view… book your boat trip today >>>

There are rather a lot of pictures so let’s break this down into two blogs… first is our trip up The River Thames Datchet to Cookham… followed tomorrow by the Magna Carta images…

Pictures speak louder than words and I’d like to share them with you… videos can speak louder than pictures and there are a few of those… I had told the world I would share via MeerKat and @MagnaCarta1506 footage of the events, which I did but it means that the camera has gone into iPhone rather than iPad mode, so vertical which is a bit annoying… anyway, enjoy… I’ll add a few words…

View original 388 more words

Leave a comment

Filed under Uncategorized