EPISODE · Jul 21, 2019 · 1H 5M
From Rat Race to Round the World Yacht Race - with Bronwen Vearncombe
from The Property Nomads Podcast · host Rob Smallbone & Aaron Devoy
Manage Your Dreams from Anywhere In The World - featuring Bronwen Vearncombe Today on The Property Nomads podcast, we are delighted to be joined by property investor, traveller, and public speaker; Bronwen Vearncombe. Bronwen and her partner John have been investing in property for over five years, starting off with HMO’s, and developing their portfolio since then to incorporate bigger and higher-yielding projects including B&B's, Guest Houses and Developments. In this episode we dive into Bronwen’s journey to success, the Clipper Yacht Race, how to manage your portfolio from abroad and how having a powerful team around you can really enhance your business. Sign Up For MSOPI Here: https://bit.ly/msopi-nomad KEY TAKEAWAYS Part of Bronwen and her partner John’s clear aims from the beginning was to ensure their business was able to function and flourish so that they could pursue their dreams, most notably to travel and to write a book. With family responsibilities to take care of, but with dreams unfulfilled in her career, Bronwen knew that if she wanted to achieve her goals and the lifestyle she wanted, she would have to ensure that she could replace her income, but also change her mindset. After realising that she would not be able to retire until the age of 67 if she stayed in her banking job, Bronwen decided to take drastic action to achieve her dream lifestyle. Bronwen decided upon HMOs as the way to launch her property investment portfolio, as they have the highest cash flow. This was done after carefully examining their outgoings and being clear on how much income they needed, as well as focusing with determination upon their goals. The key for Bronwen’s business plans was always to have someone else manage their portfolio so that they could achieve their goal of spending more time with family and with each other. This emphasises the need to surround yourself with a reliable team upon whom you can leverage the keystones of your professional life. Networking has allowed Bronwen to refine her power team. There were initial challenges in running a business as husband and wife, but after taking time to really understand each other’s strengths, Bronwen and John have formed a symbiotic business partnership that plays to each other’s virtues. Technology and software allow the business to work no matter where in the world they are. This is a huge benefit as it means that Bronwen can pursue her travel ambitions while remaining in touch with her power team and overseeing the business from anywhere in the world. Bronwen and John both decided that the Clipper Yacht Race was an ambition they wished to achieve and were able to do so successfully by the use of careful planning, both in the business and mentally. In the first year of business, Bronwen learned that the key to lasting success is to surround yourself with positive, successful people, and to disregard the naysayers. Everyone is different, and success can be achieved even where others have failed. Educate yourself and surround yourself with positivity. After facing an incredibly challenging ordeal with a local planning committee, Bronwen and John decided to use a “pincer” strategy - namely that by identifying the many problems with their application, they were instantly able to identify all the things that were okay with it. If something was not rejected, then it must have been approved. One of the best ways of learning when it comes to property is just to do it. One of the main lessons Bronwen teaches now is that the journey can’t begin unless you take the first step. BEST MOMENTS ‘When you work it all out, you’ll be really surprised by how much you can actually manage’ ‘You can’t master what you don’t manage’ ‘Always use the expert' ‘We will find a way to make it work’ ‘Just do it, because that’s the best way of learning’ ‘Go find successful people who make it work' VALUABLE RESOURCES The Property Nomads Website The Property Nomads Podcast – iTunes The Property Nomads - Stitcher Buy To Let: How To Get Started – By Rob Smallbone (Amazon) Propert Investing Foundation Bronwen’s Facebook Page - https://www.facebook.com/propinvfoundation Email Bronwen at [email protected] Rich Dad, Poor Dad - Amazon ABOUT THE HOSTS Rob Smallbone, Rachael Taylor and Matt McSherry, the hosts of The Property Nomads Podcast, are on a global mission to guide your success. Success can happen in many ways, shapes and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom? Rob, Rachael & Matt just want to make a huge difference to people around the world. They are here to guide your success in property, business and life and to inspire you to achieve your goals, dreams and visions. They’ve travelled, explored, and invested. And they’re not planning on stopping these activities anytime soon. Buckle up, sit tight and enjoy the ride that is life. CONTACT METHOD LinkedIn Facebook Instagram Twitter YouTube uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast
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From Rat Race to Round the World Yacht Race - with Bronwen Vearncombe
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