Читать книгу Buy Now - Lloyd Edge - Страница 18

I was fortunate in that I was already a goal-setter. From my background as both a musician and a golfer, I knew how to set goals and meet them through hard work and determination. So forming a strategy was the natural next step for me. And it worked.

Looking back over 20 years, and especially the past 10 to 15 years, I always set myself goals. For example, ‘In five years' time I want to have built this much wealth’ or ‘In 10 years' time I want to retire from teaching, and these are the investment strategies I'll use to achieve that’ or ‘I want to get my real-estate diploma in one year instead of three’. And I held myself accountable for those goals and strategies.

In fact, through my determination and willingness to work all hours of the night while holding down a full-time job, I gained my Diploma in Property in just three months.

I'm not suggesting that everyone should follow in my footsteps and buy 15, 20, 30 properties. Nor is it my advice that you should set your sights on becoming a multimillionaire — your goals may not run to that. What I'm talking about (and I'll share plenty of real-life illustrations in this book) is that you pursue your own goals, which might mean a strategy that you build a nest egg of three or four properties. If they're cashflow positive and see good capital growth, they should provide you with a steady income stream to fall back on if you lose your job or your business is shut down or you get sick and can't work.

You need to be clear on your reasons for taking this journey as well as the belief that you can do it — and you need to start developing both as early as you can.