EPISODE · Dec 22, 2023 · 17 MIN
Why You Need a Five Step System to Create a Successful Portfolio of HMOs
from The HMO Success Podcast with Wendy Whittaker-Large · host HMO Success
Why You Need a Five Step System to Create a Successful Portfolio of HMOs A SYSTEM saves you stress, time, energy and money. It tells you what to do and when. Most people when they’re learning something new benefit from learning from others who have already been there and done it. If you’re trying to copy and paste an income generating model you don’t need to create it from scratch. You can copy what others have done and improve it or adapt it to fit your situation. Smaller HMOs, larger HMOs, more attractive HMOs, better internally designed HMOs. Two of the biggest mistakes I see are people waiting to start, or failing to plan - both lead to disaster. Both are risk. With a plan you have actionable steps that help you plot out your course. Easy to get lost and hard if you don’t have a map Remember you are implementing not just learning. You need to learn and implement concurrently - simultaneously. With a five step system you know where you are on the journey and what you need to do to take your next step. You want to put this into practice which means making it happen. Time, energy and money. It avoids overwhelm and it avoids procrastination It makes it easy - not simple, but easy. Would you attempt to cook something complicated without a recipe? I wouldn’t! Getting each aspect right is key - from ingredients to timings to temperature. HMOs are the same - legislation, regulations, housing standards, design, location, processes for managing, scaling up; a recipe for success. A tried and tested recipe is a recipe for success not disaster. This is my Five Step System: Find it Fund It Finish It Fill It Future proof it All steps lead neatly from one to another Each is perfectly worked out. I’ve written 2 books about my system, and I have learnt from my actions and taking risks and making mistakes so you don’t have to. I’ve raised £ millions from investors to grow my portfolio and you can learn how to do this too in the Fund it section of the system. I’m running a Discovery Day 27th Jan in Bham and 24th Feb in London - The investment is just £99 plus vat Please email me on [email protected] to express an interest and you’ll get my very special and unique 16 Weeks to Success Action Plan for coming along - absolutely free.
What this episode covers
Why You Need a Five Step System to Create a Successful Portfolio of HMOs A SYSTEM saves you stress, time, energy and money. It tells you what to do and when. Most people when they’re learning something new benefit from learning from others who have already been there and done it. If you’re trying to copy and paste an income generating model you don’t need to create it from scratch. You can copy what others have done and improve it or adapt it to fit your situation. Smaller HMOs, larger HMOs, more attractive HMOs, better internally designed HMOs. Two of the biggest mistakes I see are people waiting to start, or failing to plan - both lead to disaster. Both are risk. With a plan you have actionable steps that help you plot out your course. Easy to get lost and hard if you don’t have a map Remember you are implementing not just learning. You need to learn and implement concurrently - simultaneously. With a five step system you know where you are on the journey and what you need to do to take your next step. You want to put this into practice which means making it happen. Time, energy and money. It avoids overwhelm and it avoids procrastination It makes it easy - not simple, but easy. Would you attempt to cook something complicated without a recipe? I wouldn’t! Getting each aspect right is key - from ingredients to timings to temperature. HMOs are the same - legislation, regulations, housing standards, design, location, processes for managing, scaling up; a recipe for success. A tried and tested recipe is a recipe for success not disaster. This is my Five Step System: Find it Fund It Finish It Fill It Future proof it All steps lead neatly from one to another Each is perfectly worked out. I’ve written 2 books about my system, and I have learnt from my actions and taking risks and making mistakes so you don’t have to. I’ve raised £ millions from investors to grow my portfolio and you can learn how to do this too in the Fund it section of the system. I’m running a Discovery Day 27th Jan in Bham and 24th Feb in London - The investment is just £99 plus vat Please email me on [email protected] to express an interest and you’ll get my very special and unique 16 Weeks to Success Action Plan for coming along - absolutely free.
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Why You Need a Five Step System to Create a Successful Portfolio of HMOs
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