Tag Archives: change your mindset

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

🙂

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Filed under Book reviews, Goals, Life changing, Success

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

🙂

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Filed under Confidence, Life changing, Self help

Be Positive +

Great quote

Be Positive

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Filed under Life changing, Self help, Self Improvement

Do you see a storm approaching?

When a storm is approaching what do you do?

Look for shelter or prepare to get wet?

Storm approaching

What do you do?

Strive to thrive

Stu

🙂

PS: This was today’s Ponder to my Ponders, Quotes and Questions group.

If you’d like to receive these Ponders daily direct to your email inbox at no cost, just email me at stuart@HowToChangeYourLifeOneDayAtATime.com

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Filed under Choice

A message of Hope…

What this world really needs is more Hope.

Take a moment to listen to the words from this enlightened young man.

Let’s all be the change.

Strive to thrive

Stu

🙂

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Filed under Life changing, VIDEOS

Take the opportunity today to thank everybody from your past because of where you are today and where you will be tomorrow.

Photo of blossom on a tree

Every season has it’s time

Hiya,

You do realise that everything that has ever happened to you, good or bad, has brought you to where you are today.

You may be in a great place right now, so think if any tiny little thing in your past were different it would have changed your trajectory and you may well be in a very different place right now rather than where you are.

All those not so good places were necessary in order for you to be here.

If you’re not in such a great place just realise that you are in one of those not so good places that will lead you to the great place later. So appreciate it for what it is.

Why only appreciate it later? Thank everything and everybody from your past for helping to get you here. Thank ‘here’ for being part of the journey that’s going to get you ‘there’ in the future.

And always remember… in the depths of winter the blossom is waiting to bloom.

Who will you thank, and for what?

Enjoy

Stu

🙂

PS: This is p.358 of my book ‘How To Change Your Life One Day At A Time‘.

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Filed under Self Improvement

Do You Know The 4 Most Important Questions To Changing?

Photo of stepping stones across a river

Crossing the River

Hiya,

A while back when I was getting ready to launch my book ‘How To Change Your Life One Day At A Time‘ I decided to create a street video to help promote it.

I had only one question that I wanted to ask of many complete strangers: WHAT ONE THING YOU WOULD LIKE TO CHANGE ABOUT YOURSELF?

I wanted to document how different people would answer the same question, based on their own lives and circumstances. What I found was in many, many cases their answer led me to ask another question, then another, then a final question. (A process I now call ‘Crossing The River‘).

It was in these instances that those asked gave the most considered responses, delving deeper and deeper into the issue. In many cases they actually answered the most penetrating question they had probably been asked in years, if not decades.

They were as surprised by their answers as I was.

Remarkable considering that not one interview took more than two minutes to complete, AND they were complete strangers to me!

Many wanted to change things about their appearance, some about bad habits they had and some about the way they thought about themselves or others. I was moved and surprised at just how candid these people were, how open. I sincerely hope that some of them went home that day and actually made the change they said they wanted.

So what are the four questions you MUST ask yourself if you want to make any change in your life, whether it’s to do with your relationships, your achievements, your lifestyle, your health, wealth and happiness or your career?

Bare in mind the change MUST be about YOU – not your boss, or your neighbour, or the economy or anything else that you cannot influence.

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Let me suggest that you get someone else to ask you these questions – a close friend or family member or even a colleague. Answer the first one before getting them to ask the second. Then answer that before they ask you the third, and so on.

Answer as quickly as possible too as this is where the revelation is, when your mind doesn’t have time to dwell on and possibly filter the answer. It doesn’t take long – as I said, of the 30 or so interviews I did on that cold day in February, not one took longer than two minutes!

Crossing The River

Here are the 4 questions:

1. What is the ONE thing you’d like to change about YOURSELF today? (This is not about your circumstances, this is about YOU.)

2. Why do you want to make that change?

3. How will you make that change?

4. What’s stopping you?

Make a note of them, then forget about them until you have chosen someone to help you with this insightful exercise. If you decide you want to do them on your own then answer the first question NOW. Quick – answer!

To see the video CLICK HERE – it’s 9 min 41 long, I hope you enjoy.

Take care

Stu

Change Your Mindset,                        CLICK HERE

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