#30 Get Yourself a Mentor to Rocket Fuel Your Business

GET YOURSELF A MENTOR DESCRIPTION ‘The value of mentorship is huge and the insights my mentors provide are incredible’ In this engaging episode, David compares his previous experience of business with no mentor to that of both being a mentee and more recently a mentor. If you want to find out about mentorship from all the different viewpoints listen in and David will share all. KEY TAKEAWAYS As a mentor, I have learnt there are 3 key things that any mentor needs to understand. People are Smart Everyone understands that they are building their own vision and dream. People are different and they express their smartness in different ways. As a mentor, you need to understand that people are different, and people are smart People want to have Success Success means different things to different people. Are you an empire builder or a lifestyle entrepreneur? An empire builder will put everything in life second to the vision they are pursuing. A lifestyle entrepreneur is seeking to gain enough to live the lifestyle they want. The advice a mentor gives an empire builder will be very different from the advice for a lifestyle entrepreneur. We are stronger together We all need someone who has more experience and has already walked the path. Someone who can listen to you, advise you and guide you. If you can access a group of other mentees then the rewards of being part of a group can be very positive as you learn from each other. BEST MOMENTS ‘Find yourself a mentor, someone you can connect with to share challenges and triumphs’ ‘I have a big idea and I want to do the big idea’ ‘I’m getting better at focused advice’ ‘I initially found mentoring very stressful because I was concerned about the responsibility’ ‘Today I am mentored, and I have somewhere to go to share my goals, concerns and worries’ VALUABLE RESOURCES https://www.facebook.com/groups/progressivepropertycommunity/ https://itunes.apple.com/gb/podcast/property-sourcing-profits-podcast/id1384873667?mt=2  ABOUT THE HOST David is a property expert with over 25 years’ experience and his own portfolio of 26 units. His current rent roll is in excess of £10k per month. He is also a partner in a Deal Sourcing and Packaging business in the North West of England and has sourced over 250 properties for investors since 2004. In recent years he has, by necessity, had to develop an expertise in LHA strategies. This area is increasingly becoming a niche for him, and he enjoys empowering other landlords by sharing the knowledge he has gained. The ultimate purpose when sourcing properties in this sector for investors is to minimise risk while maximising profit. He has had to find answers to the challenges of Tenant Find, Management, ensuring rents are paid and the transition to Universal Credit. These are strategies he uses in his own business and also on behalf of investors. His investor clients regularly achieve annual gross yields of over 20% with high occupancy rates and voids resolved, sometimes within hours. CONTACT METHOD https://www.linkedin.com/in/david-siegler-7b126316/ https://www.facebook.com/DavidSieglerInvestments/