Episode Details

We're at the beginning of a new economic cycle, a new property cycle, and a new business cycle - a time when lifetime wealth will be created by some people, but unfortunately not by most.

I was recently asked by somebody in my mentorship program how to make the rest of their life the best of their life – how to make the second half of their life much, much better than the first half of their life.

And that's what I'm going to discuss with you into today's show.

So today we are not going to talk about property or money, we are going to have a much deeper conversation.

Of course, property and money are important but only as a means of achieving what do you want to achieve and that's really what we get to talk about today I'm going to give you some hints on how to take advantage of all the opportunities that are currently in front of us.

One of the things I realized early in my investment career is that those who are successful think a particular way and that's why I spent a lot of time studying the psychology of successful people and that's one of the topics I'm going to be touching on today – so while a chat today may be a slightly heavier conversation than you used to – I believe it will be very valuable so I look forward to giving you some different insights into wealth creation, but before I do let me ask you a question?

How is your peer group going?

If you want to change your outcomes, have you considered upgrading your peer group?

It's been said that you're level of wealth is likely to be the average of your 5 closest friends.

Here are the top three reasons why your peer group matters so much:

1. Your peer group's attitudes, beliefs, and behaviours are contagious.
2. Alone you are vulnerable; connected we are strong.
3. It's a lot more fun to build with other people than in isolation!

A little about gratitude

I'd like to chat a little bit about something that may initially seem unrelated to money and wealth and I think you probably have come to this podcast to learn about, but in reality, it isn't.

Let's talk for a moment about gratitude.

And here's why…Gratitude is a trait you'll find common to all wealthy people.

You can have all the money in the world, the biggest property portfolio, the most profitable company, but if you're not grateful for what you have, you'll never be wealthy.

We've all seen or heard of people who have lots of money but lead miserable, isolated lives.

And we've heard of others with very few of the trappings of wealth yet who lead very fulfilling lives, very wealthy lives, because they are grateful for what they have.

So, in my mind it's critical to be grateful.

One way to make this the best year of your life is to be grateful for everything you have and for every day you have. And then tell people how you feel…

Send a thank you note, send a text, a Whatsapp or better still do it the old-fashioned way and pick up the phone and show your appreciation to someone every day.

One of the most interesting aspects of this idea of active gratitude is that it has a boomerang effect. You'll be surprised how it comes back in many ways to make you wealthy and to help make this your best year ever.

But, actually that's not what I was intending to talk about with you today, so lets get back to some other ideas about how we are going to make this your best year ever.

Let me make a bold statement…

What you feel is true about what is possible for you will dictate what you achieve.

What you want to achieve this year must come first and then you'll work out how.

That's why you must have goals for your future.

I know that once you become successful in business or your property investments it's sometimes hard to have big goals – you've achieved a lot already. Can you pick this one of the things I find common am