This podcast is all about Business, Property and Tax. I’ll share my knowledge, experience and expertise of running five businesses at the same time. I’ll share my experience of building a multi-million-pound property portfolio. Best of all, as a chartered accountant, I’ll share tax-saving tips, tools and techniques to help you save tax. The aim of this podcast is to help you grow your turnover, improve your margins and drastically increase your profits. All of this will help you build a better business which has a much higher exit value. It will also enable you to create more wealth, more time and more opportunities.
Shaz delves into the top traits and habits of successful and wealthy individuals. With a motivational and informative tone, Shaz emphasises the significance of mindset, habits, and personal responsibility in achieving financial success. Drawing from his own experiences and expertise, he highlights the importance of focus, goal-setting, and continuous learning. Through practical examples and relatable anecdotes, Shaz guides listeners on the path to financial prosperity, encouraging them to adopt a positive mindset and take proactive steps towards building wealth. KEY TAKEAWAYS Successful individuals prioritise important tasks and maintain a laser focus on their goals, avoiding overwhelm and delegation of less critical tasks. Careful investment choices with a focus on high returns, emphasising the importance of setting clear goals for investment returns. Successful people not only practice positive habits themselves but also teach them to others, emphasising the value of leading by example. Taking ownership of one's actions and outcomes, recognising the role of personal responsibility in achieving success. BEST MOMENTS "90% of success is about mindset and habits, and 10% is about implementation of your goals and activities." "Successful people understand they can't do everything. They need to prioritise the important things." "Living below your means is crucial. Delayed gratification is key to building wealth." "Reading daily opens your mind and changes your perspective. Books are your best friend." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
Shaz explores the art and importance of storytelling in building wealth, by discussing how storytelling is ingrained in our everyday lives, from childhood anecdotes to embellishing or minimising our own experiences. The team delve into the seven overarching plots that form the basis of all stories and highlight the power of storytelling in connecting with an audience. They emphasise the need to craft stories that resonate with the audience, evoke emotions, and make a lasting impact. The episode concludes with insights on how to apply storytelling techniques in sales, marketing, and wealth generation, emphasising the importance of understanding the audience, creating a hook, and making the story relevant. KEY TAKEAWAYS Understand your audience: When crafting a story, it is important to know who you are telling the story to. Tailor your story to connect with your specific audience. Create a hook: Grab your audience's attention by creating a compelling hook. Make it relevant and emotionally engaging to draw them in. Make it personal and relatable: Share your own story and experiences to connect with your audience on a deeper level. Show them that you understand their struggles and can guide them towards a solution. Build a community: Foster a sense of belonging and togetherness by creating a community around your story. Encourage collaboration and support among your audience members. Start small and build up: When selling or marketing, meet people where they are and start with smaller, achievable goals. Gradually build up their confidence and trust in your ability to help them achieve bigger results. BEST MOMENTS "Facts tell, stories sell." "There are seven stories. There are only seven stories." "Your net worth is your net worth" "You can't get a new result with the same old thinking." "If you can't explain it to a five-year-old, then you don't know it well enough to explain it." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
Shaz discusses the importance of taking action and implementing goals effectively. He provides a comprehensive list of 25 actionable steps and tips to help listeners achieve their goals. Shaz also talks about the need to lay the foundations and develop a detailed plan, assign responsibilities, set milestones, allocate resources, and have a clear communication and feedback loop, highlighting the significance of celebrating achievements, maintaining flexibility, and practicing resilience. KEY TAKEAWAYS Setting clear goals and developing a detailed action plan is crucial for achieving success. Assigning responsibilities and setting milestones helps track progress and maintain momentum. Allocating the right resources, including personnel, training, and support, is essential for getting things done. Regular monitoring, communication, and feedback are important for staying on track and making necessary adjustments. Celebrating achievements and maintaining a supportive and focused environment are key to keeping the team motivated and committed. BEST MOMENTS "Taking action is by far one of the hardest things and having an action plan and having a way to make sure that you implement what you intend to do is important." "I don't have all the answers. I don't claim to know everything and this platform is all about sharing ideas and sharing is a two-way street so I'm more than happy to learn new things and add to my knowledge base." "Deadlines shouldn't change. That's why I said earlier on, it's better to have some slack time and a generous deadline up front rather than keeping it very tight and pressurised and then having to change it four times or five times or however many times." "Build something extra to help people - recognise, understand that you recognise when they are doing a good job." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
Shaz and Kieron discuss the importance of having a personal brand and how it can lead to recognition and opportunities. They emphasise the need to build trust and credibility through sharing knowledge, experiences, and opinions. Listen as they cover various strategies for creating products, such as writing booklets, offering online courses, and hosting webinars. They also highlight the value of networking, speaking engagements, and leveraging social media platforms. KEY TAKEAWAYS Building a personal brand is important for establishing credibility and recognition in your industry. Sharing your knowledge and expertise through content creation, such as writing booklets or newsletters, can help attract and engage an audience. Speaking at events or creating online courses can further establish your authority and provide opportunities for monetisation. Engaging with your audience through surveys, opinions, and thought pieces can help you understand their needs and tailor your offerings accordingly. Collaboration and networking with others in your industry can lead to valuable partnerships and opportunities for growth. BEST MOMENTS "Your own ecosystem helps you to have a wider network." "You've got to put yourself out there... if you want to make a million quid a year." "You probably should be on social media if you want to have a personal brand." "You need to understand two fundamental things: sales and marketing." "Give me a story, give me some of you, give me some of the information that you have, but bite-size it." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
Shaz and Kieron discuss the importance of goal setting, focussing on the need to set big, hairy, audacious goals that scare you and push you out of your comfort zone. They stress the importance of writing down your goals and reviewing them regularly to track progress and make necessary adjustments. They also highlight the power of affirmations and surrounding yourself with a supportive community, sharing their personal experiences with goal setting and offer practical tips for achieving success. KEY TAKEAWAYS Goal setting is important and should be done regularly, not just at the beginning of the year. Writing down goals makes them more real and increases the likelihood of achieving them. Breaking down goals into smaller, actionable tasks helps in tracking progress and making necessary adjustments. Consistency is key in achieving goals, even if it means taking imperfect action. Building a supportive community and surrounding yourself with positive influences can greatly contribute to goal achievement. BEST MOMENTS "Discipline is the ability to continue doing something long after the enthusiasm has left you from the initial start." "The more I review my goals, the more opportunities I'm giving myself to succeed." "Imperfect action beats perfect inaction." "You have to be ruthless and brutal with your goal setting process." "Compete with yourself and no one else. Otherwise, you're never going to feel successful." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
Shaz and Kieron discuss the concept of getting rich quickly versus getting rich slowly, highlighting the pitfalls of chasing get-rich-quick schemes and emphasising the importance of focusing on long-term wealth building strategies. They discuss the reasons why get-rich-quick schemes fail, including slim chances of success, unrealistic expectations, high risk, and unsustainable wealth accumulation. They then delve into why getting rich slowly works, emphasising the benefits of compounded returns, risk management, education, financial stability, adaptable financial goals, and improved psychological well-being. KEY TAKEAWAYS Getting rich quickly is a pipe dream and rarely works in reality. Focusing on getting rich slowly is a more sustainable and effective approach. Many get-rich-quick schemes are high-risk and often lead to financial losses. Gradual wealth building allows for adaptable financial goals and long-term financial stability. Education, skill-building, and financial discipline are crucial for successful wealth accumulation. BEST MOMENTS "Holistically, get rich quick is a really nice idea and it's a pipe dream." "Success leaves clues. And if success leaves clues, the clues of success are get rich quick doesn't work." "The slow accumulation of wealth also generally involves learning new skills, understanding new things, doing the due diligence, doing the deep dive." "If you grow into it slowly, you'll manage it and all of your habits and your spending ideals will be sustainable." "Slow wealth building promotes a healthy relationship with money, better understanding, less stress, and more satisfaction in your life." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
The team discusses the building blocks that help create financial freedom, emphasising the importance of mindset, discipline, and perseverance in achieving long-term wealth. Shaz also explores the concept of simultaneous growth, where multiple streams of income and strategic partnerships can lead to exponential growth. He encourages listeners to focus on self-management, have difficult conversations, and prioritise their own worth. KEY TAKEAWAYS Building blocks for financial freedom include mindset, discipline, perseverance, and small incremental steps towards wealth. Financial freedom is subjective depending on personal circumstances, lifestyle choices, and financial goals. It is important to assess one's own needs and create a plan accordingly. To achieve financial freedom, one must be willing to have difficult conversations, make tough decisions, and step out of their comfort zone. Fearlessness and self-management are key traits to develop in order to overcome challenges and achieve success. Seeking out partnerships and collaborations can lead to synergy and exponential growth. By finding others who have complementary skills or customer bases, businesses can expand their reach and increase profitability. BEST MOMENTS "The more that comes in, the more that goes out up to a certain level." "Get rich slow." "Imitation is the sincerest form of flattery." "Focus on yourself and do that stuff." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
Shaz delves into the concept of Wealth Magnets, beginning by discussing the principles that control the flow and movement of money, such as wealthy philosophy, mental attitude, and behaviour. Shaz stresses the importance of having a positive mindset, associating with like-minded individuals, and creating value. He also explores the significance of generosity, visibility, and status in attracting wealth. KEY TAKEAWAYS Wealth creation starts with having a wealthy philosophy, positive mental attitude, and congruent behaviour. Believing in abundance and taking action are key components of this mindset. Association with positive and successful individuals can have a significant impact on your own success. Surrounding yourself with people who inspire and support you can help you achieve more. Creating value is essential for attracting wealth. Focus on delivering value to others and making a difference in your community. The more value you provide, the more valuable you become. Act with integrity and have no boundaries when it comes to pursuing your goals. Believe that anything is achievable and be willing to put in the effort and take risks to achieve success. BEST MOMENTS "Wealthy philosophy, mental attitude, and behaviour form the bedrock and the foundations of wealth creation because it all starts in the mind." "Act wealthy to attract wealth. Act with integrity, provide value, and be generous. These behaviours will help you attract more wealth in your life." "Being courageous and taking action is a known wealth magnet which helps you achieve success." "Ask people for help, support, and different solutions. Most people are happy to share their opinions and help you when you ask." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
Shaz discusses the importance of creating a second or additional source of income. He highlights the dangers of relying solely on one income stream, whether it be from a business or employment. Shaz emphasises the need to diversify risk and shares the potential pitfalls of being overly reliant on one key employee or client. He then delves into the strategy of buying a business to create a second income, without using any of your own money. KEY TAKEAWAYS Relying on one source of income in a business is risky, as any disruption or loss can have a significant impact on the business's stability and profitability. Diversifying sources of income is important to mitigate risks and create a more stable financial situation. This can be achieved through investments, buying additional businesses, or creating passive income streams. When buying a business, it is possible to negotiate deferred payments with the seller, allowing you to acquire the business without using your own money upfront. Due diligence is crucial when buying a business to ensure that the financial and legal aspects are accurately represented and to avoid any unforeseen liabilities or costs. Scaling up your business by acquiring multiple businesses in the same sector can lead to increased profitability and cash flow, allowing for further expansion and financial stability. BEST MOMENTS "The number one in business is the most dangerous number." "When you have one big client or customer, then your independence is at risk." "Increasing the income in one business doesn't always help people create more wealth because most people spend it." "The answer, I believe to some extent, is to create additional sources of income." "You now have a business. You now need to be thinking about how do I now scale up?" VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
Shaz delves into the topic of lease option agreements, explaining the concept of a lease and the complexities involved in lease agreements. Shaz then discusses the potential changes to lease option agreements mentioned in the King's speech, which aim to improve fairness in the housing market. He explores the proposed reforms, such as extending lease terms, reducing ground rent, and increasing transparency in service charges. KEY TAKEAWAYS Proposed changes to leasehold agreements aim to improve home ownership for leaseholders by making it easier to extend leases or buy freeholds. The reforms include increasing the standard lease extension term from 90 to 990 years and reducing ground rent to zero. The government plans to provide more transparency in lease agreements, including clearer information on service charges and administration fees. The reforms also aim to empower leaseholders by granting them more rights and access to redress schemes to challenge poor practice. BEST MOMENTS "The cost is the cost. And I think most people are generally decent people and they can appreciate that if you want a nice road to drive down into, if you want your parking space kept free of weeds, you want there to be lighting, there to be security, there is a cost involved in that." "Landlords get labeled as money grabbing, evil, blah, blah, blah. It's always the landlord's problem. It's not the landlord, it's the government. They've forced this into the marketplace, whether it's intended, unintended, don't want to go into that. They've created this situation and then you take responsibility for it." "I think everyone should be able to get themselves into a position where they can own their own home." "I don't see that being a bad thing at all. We'll see how that how that comes into effect and the scrapping the presumption for leaseholders to pay their freeholders legal costs when challenging this poor practice." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
Shaz takes a deep delve into the topic of due diligence and its importance in making informed decisions in business, property, and investments. He breaks down the process of conducting due diligence, starting with market analysis and understanding the target audience and industry trends. He also stresses the need to define objectives, assess business conditions, consider legal and tax obligations, and evaluate financial aspects. KEY TAKEAWAYS Due diligence is a crucial step in any business or investment, involving thorough research and analysis to gain a comprehensive understanding of the venture. Market analysis is an important component of due diligence, which includes assessing factors such as target audience, industry trends, and competition. It is essential to define your objectives and goals for the investment or business, as well as identify your target market and understand their needs and preferences. Legal considerations, including ownership, contractual agreements, and tax obligations, should be thoroughly examined during the due diligence process. BEST MOMENTS "When you're doing your due diligence...you don't have complete and full clarity on absolutely every working aspect of it." "The more successful people are, the more likely they are to talk to you about things that interest you." "Success leaves clues. We all do the same sort of things." "Ignorance is not an excuse, especially when it comes to something that costs you money or something that is going to make you money." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz and Kieron debunk several myths surrounding money and wealth, looking at the importance of understanding the reality of money and wealth, rather than relying on misconceptions and false beliefs. They challenge the notion that money is the root of all evil, highlighting that it is the love of money and greed that can lead to negative actions. Shaz also discusses the misconception that all debt is bad, explaining that debt can be a tool for generating cash flow and investing in appreciating assets. KEY TAKEAWAYS Money is not the root of all evil: The common phrase "money is the root of all evil" is often misinterpreted. The actual phrase is "the love of money is the root of all evil." Money itself is just a tool and how it is used depends on the individual's values and mindset. It's not about the amount of money you have, but how you manage it. Good debt, strategic investments, and wise financial decisions can help you grow your wealth and achieve financial success. Waiting for the perfect moment to invest or take action may lead to missed opportunities. Instead, focus on making informed decisions and adapting as needed. Timing is not always crucial, and it's better to start sooner rather than later. While cash provides liquidity, it may not generate significant returns. Investing in assets that generate cash flow or appreciating assets can be more beneficial in the long run, even if they are less liquid. BEST MOMENTS "Money isn't the root of all evil, that is a myth." "Money exaggerates who you are, if you're a nice person, you'll become an even nicer person." "Money can't buy happiness, it can only buy temporary moments of happiness." "Debt, like money, is a tool. If used correctly, it can be used to generate cash flow and appreciating assets." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz and Kieron discuss the importance of building intergenerational wealth, highlighting the misconception that intergenerational wealth is only for the rich and emphasising the need for everyone, regardless of their wealth level, to consider passing on their wealth to future generations. They discuss the alarming amount of lost money in the UK, estimated at £50 billion, due to a lack of communication and planning around intergenerational wealth, and stress the importance of having open conversations with parents and grandparents about their assets and investments to avoid unnecessary taxes and missed opportunities. KEY TAKEAWAYS Building intergenerational wealth is important for everyone, regardless of their current wealth level. It is crucial to have open and honest conversations about finances and inheritance with parents and grandparents. Failing to have these conversations can result in significant tax implications and the loss of potential wealth. To start generating intergenerational wealth, it is important to have the right financial mindset and educate oneself on financial strategies. BEST MOMENTS "If you don't talk about it, you're going to pay a lot of tax." "There's an estimated 50 billion pounds of lost money in the UK." "The more you give, the more you gain." "Just because you like doing one thing, your children might like a completely different thing." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
The team delve into the topic of habits and how they can be a game changer in one's life., focussing on how habits are often associated with negative connotations, but emphasising the importance of recognising and cultivating positive habits. They also explore the process of creating and changing habits, highlighting the need for personal motivation and choice, and stress the significance of having a structured routine and the benefits it can bring, such as increased productivity, enhanced mental well-being, and improved personal growth. KEY TAKEAWAYS Habits can have both positive and negative connotations, but it's important to focus on creating and maintaining good habits. When creating a new habit, it's crucial to have a genuine desire and inner motivation to make the change. Start with achievable goals and small habits, gradually increasing them as your discipline and ambitions grow. Consistency and tracking your progress are key to forming and maintaining habits. BEST MOMENTS "Habits are both good and the thing is when someone says habit to you or the wider community, wider world, a lot of the time it comes with a negative connotation." "If one's looking to change a habit or create a new habit, is you have to realise that you really want to do it." "I think everyone should choose to actively control their routine rather than let their, because life is what happens regardless whether you choose it or whether you don't." "Because once you've got a process and you follow the process, then you're more likely to get consistent results." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz and Kieron delve into the origins of money and its evolution throughout history, focussing upon the importance of understanding the history of money in order to gain valuable insights and lessons that can be applied to various aspects of life. From the barter system to the development of standardised coins and the transition to fiat money, the team explore how money has been used as a means of exchange and a tool for wealth creation, and discuss the concept of money as a tool and how it can be used to invest, accumulate wealth, and achieve financial goals. KEY TAKEAWAYS Understanding the history of money is important because it provides insights into the fundamental concepts and principles that still apply today. Money is a tool of wealth, not wealth itself. It is a means of exchange and should be used strategically to acquire assets and investments. Throughout history, money has evolved from the barter system to standardised coins, paper money, and now digital currencies. The value of money is based on trust and credibility in the institution that issues it, as opposed to being tied to a specific commodity like gold. BEST MOMENTS "Money isn't wealth. Money is a tool. It's a tool of wealth." "Money as the root of all evil, the love of money as the root of all evil. Money doesn't exist. It's an inferred value." "If you understand what money is, then you can start looking at it slightly differently." "Money is a means of barter. It's a means of exchange. It's a tool to get you from point A to point B in a more efficient manner." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz and Kieron discuss the importance of starting financial education at a young age and how it is often overlooked by society. They emphasise the need for parents to teach their children about finances, including concepts like saving, spending, giving, and investing. They also highlight the benefits of early financial literacy, such as making better financial choices, being more confident and competent with money, and developing a mindset of investing and saving. KEY TAKEAWAYS Starting financial education at a young age is crucial for children to make better financial choices as adults. Parents should set a good example by managing their own finances responsibly and involving children in financial activities and decision-making. Open conversations about money should be encouraged, creating a safe space for children to ask questions and learn about finances. Teaching the difference between needs and wants helps children develop financial discipline and make informed choices about spending and saving. BEST MOMENTS "Children who receive a financial education in the early years tend to make better financial choices when they become adults." "Money doesn't grow on trees. We're working to pay the bills." "If you invest right, you'll get a much better return." "I think the key difference is financial discipline." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz discusses the foundations of creating wealth, exploring its very concept, with different perspectives on what it means to different people. The episode focusses on the importance of patience, perseverance, and staying on course in order to achieve financial goals. KEY TAKEAWAYS Take the time to track your income and expenses in detail to gain a clear understanding of your financial situation. Continuously work on personal development and education to improve your mindset, skills, and knowledge, which will ultimately lead to greater success and wealth. Surround yourself with positive and knowledgeable individuals who can support and inspire you on your wealth creation journey. Be comfortable talking about money and work on removing any negative stories or beliefs you may have about wealth and money. BEST MOMENTS "Creating wealth isn't something that happens overnight. It happens one step at a time, one activity at a time, one day at a time." "Building wealth is a mindset. Once you get the mindset right, then everything else follows in situ one by one." "Track all of your expenditure line by line. Once you can list out everything that comes in and what's going out, you can then budget and manage properly." "Surround yourself with the right people who are positive and who know about things that you want to know about." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz and Kieron delve into the world of marketing and how it can be used to create wealth. They discuss the misconceptions surrounding marketing, focussing on the fact that it is simply a transfer of information and a way to satisfy customers' needs. They highlight the importance of understanding one's target audience and crafting compelling copy that evokes emotions. KEY TAKEAWAYS Marketing is about exchanging value: Marketing is not about scams or deception, but rather about providing something of value to customers in exchange for their money. It is a transfer of information and a way to satisfy customers' needs. Marketing is about mindset: Marketing is not just about promoting products or services, but also about creating a mindset in others. It is about influencing people's thoughts, beliefs, and behaviours to align with your own. Good copywriting is essential in marketing. It is important to spend time crafting compelling headlines and copy that evokes emotions and resonates with your target audience. The right words can make a significant impact on the success of your marketing efforts. It is important to track and measure the response to your marketing campaigns. This includes monitoring open rates, click-through rates, and other metrics to understand what is working and what needs improvement. BEST MOMENTS "Marketing is just a passing of knowledge. It's a transfer of information, but it's also, when you get deep into it, it's more about human psychology." "Marketing is all about mindset and creating a mindset in others. My mindset is the growth mindset, wealth mindset, all the rest of it" "Marketing is about delivering and exchanging value that satisfies somebody else's needs that you hold and they want. It's a fair and honest exchange." "You've got to spend your money to make sure you get some kind of return. Marketing is just another form of communication and it's about delivering and exchanging value that satisfies somebody else's needs." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz and Kieron delve into the complex and often misunderstood world of taxes, discussing the various factors that determine how much tax an individual should pay, and highlighting the importance of understanding one's specific situation and goals. KEY TAKEAWAYS The tax system is complex and poorly understood, requiring the expertise of professionals to navigate effectively. There are numerous tax reliefs, exemptions, and allowances available that can significantly reduce one's tax burden if utilised properly. It is within an individual's rights and obligations to structure their tax affairs in a way that minimises their tax liability, as long as it is done legally and in accordance with the tax code. The tax system is not a level playing field, as those with access to information and expert advice can benefit more from tax planning and optimisation. BEST MOMENTS "I think every question, the answer to every question should start with it depends." "No wonder so many people are struggling… It's just… a lot of tax." "A good tax expert should save you more than they charge you." "If you've got enough money to invest in someone that knows the tax code, you can be more efficient." "It's not a level playing field… One person has access to information, the other doesn't, so that person benefits." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz and Kieron discuss the concept of good debt and bad debt, exploring the difference between the two and provide their own perspectives on the matter. They highlight that debt can be viewed differently by individuals based on their personal beliefs and values, and discussing various types of debt, including mortgage debt, student loans, and business loans for growth, which they consider to be examples of good debt. KEY TAKEAWAYS Good debt can be beneficial in the long term, such as mortgage debt that allows for property ownership and potential appreciation. Student loans can be considered good debt as they enable individuals to obtain higher education and qualify for higher-paying jobs. Business loans for growth can be a form of good debt, as they provide funding for investments that can lead to business expansion and increased profitability. Bad debt includes high-interest credit card debt used for non-essential purchases, payday loans with exorbitant interest rates, and non-asset backed personal loans used for frivolous expenses. BEST MOMENTS "The truth's somewhere in the middle, like most things." "If you're taking a loan to meet your expenditure, there's a problem." "It is akin to indentured servitude. It is modern slavery." "I would rather pay twice as much for something when I can afford it, than pay half as much for it when I've got to put it on debt." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
The team delve into the topic of money, specifically cash and its potential decline in our society. They explore the concept of a cashless society and discuss whether cash still holds value and has a place in our modern world. They also touch on the benefits of cash, such as privacy, accessibility, and control, while acknowledging its drawbacks, including the risk of theft and the environmental impact of producing physical currency. KEY TAKEAWAYS Cash provides privacy and control over one's finances, as transactions are not easily traceable and can be kept confidential between the parties involved. Cash is accessible to everyone, regardless of their access to banking services or personal preferences. It allows for inclusion and is widely understood across different cultures and countries. Cash transactions can be faster and more efficient compared to card transactions, especially for smaller purchases. It eliminates the need for card readers, PINs, and potential technical issues. Cash can help prevent fraud, as there is less risk of unauthorised transactions or identity theft. However, it can also be more susceptible to theft or loss if physical cash is stolen. BEST MOMENTS "Cash came along and then everybody agreed that this has an implied value and then it just made transactions so much easier." "Cash is diminishing… The amount of places I go to says card only." "Cash is king… Cash flow is king." "Cash promotes inclusion… It doesn't matter where you go, people understand cash." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
In this episode of Wealth Made Simple, the team discuss the impact of artificial intelligence (AI) on businesses and wealth generation. They explore the different levels of AI, from narrow AI to generative AI, and how companies are already using automation and AI tools to enhance their operations and add value to their customers. KEY TAKEAWAYS AI is a powerful tool that can benefit businesses and individuals in various ways, including automation, data analysis, and streamlining processes. Companies that embrace AI and invest in the right technology can gain a competitive advantage and enhance their business operations. AI can provide access to a wealth of information and research, allowing individuals to learn about different industries and make informed decisions. The success of AI depends on the quality of data and the questions asked. Good data and specific, well-formulated questions lead to better results. BEST MOMENTS "What AI does is it gives you speed and to some extent, accuracy, which is obviously improving, and it gives you a higher level of outcome." "If you ask, for example, what is a piece of paper? A piece of paper is an item that you buy from a shop. Well, I should have been more specific in my question." "I can print off a grade A paper that's not gonna be a grade A paper. I can print off a grade A paper. That's easy. That doesn't take any work." "AI is gonna be one of the first things I see in this world that has to be globally maintained and globally authenticated, globally policed." "AI is a fantastic tool. Anyone can start at any one time, and you can use this to benefit your organization. And embrace it." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
In this episode of Wealth Made Simple, Shaz and Kieron delve into the fascinating world of AI (Artificial Intelligence). They begin by dispelling common misconceptions about AI, such as the fear of robots taking over, and provide an overview of the different levels of AI, from narrow AI to artificial superintelligence. KEY TAKEAWAYS AI encompasses various levels of intelligence, ranging from narrow AI to artificial superintelligence. Narrow AI refers to AI systems designed for specific tasks, while artificial superintelligence represents AI systems with human-like cognitive abilities. The potential benefits of AI are immense, including solving complex problems, advancing scientific research, and revolutionizing society. However, there are also ethical concerns and risks associated with the development of superintelligence. Narrow AI is the current level of AI that exists, and it is highly specialized and limited to specific tasks. Examples include voice assistants like Siri and Alexa, as well as chatbots and spam filters. AI can be a valuable tool for reducing research time and improving productivity and efficiency. However, it is crucial to sense check and verify the information provided by AI, as it can generate false or inaccurate results if not properly trained or guided. BEST MOMENTS "Superintelligence will be able to outsmart humans. It will be able to outmaneuver us." "It can solve world problems the way that we solve a child's problems." "It will just increase overall in every industry the efficiencies within our workplaces and jobs." "The future holds a complete idea of growth around all of this and it will just continue to grow." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
In this episode of Wealth Made Simple, we delve into the topic of bankruptcy, discussing its implications for both individuals and companies. We highlight the importance of exploring all available options and seeking help as a responsible approach to one's financial situation. KEY TAKEAWAYS Bankruptcy is a legal status that individuals and companies can apply for when they are unable to repay their debts within the UK. It is often seen as a last resort for insolvent entities that cannot meet their financial obligations. When someone files for bankruptcy, they usually do so voluntarily by submitting a petition to the court. The court assesses their financial position and if deemed insolvent, a trustee is appointed to oversee the bankruptcy process. The trustee's role is to manage the debtor's assets and distribute them among the creditors. Bankruptcy has significant consequences, including the sale of assets to repay debts, restrictions on obtaining credit or starting new businesses, and potential consequences for directors in holding similar roles in other companies in the future. Bankruptcy should not be taken lightly and seeking professional advice is essential. Exploring all available options and understanding the implications of each option is crucial before making a decision. BEST MOMENTS "Bankruptcy is a legal status that you can apply for when you are unable to repay your debts within the UK." "Bankruptcy is a very serious step. And I would say anyone that's looking into this seek professional advice." "Bankruptcy provides a fresh start by eliminating most of your unsecured debts, such as credit card debt, medical bills, personal loans, things like that." "Being bankrupt is a whole new start. It's going to be hard. It's going to hurt. And it's not something you necessarily want to experience at all." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
In this episode of Wealth Made Simple, we discuss the process of starting a property business or any business in general. The focus is on beginner-friendly strategies, steps to take when venturing into entrepreneurship, and the potential rewards and the ability to pursue one's passion in the long run. KEY TAKEAWAYS Decide to start: Many people have good business ideas but never take action. The first step is to make the decision to start and take action towards your goals. Define your goals and strategy: Before diving into a business, clarify your objectives and what you want to achieve. Choose a business or property strategy that aligns with your interests and passion. Conduct thorough research: Understand the market you are entering and gather information about competitors, industry trends, and potential risks. This will help you make informed decisions and develop a deeper understanding of your chosen field. Create a comprehensive business plan: Develop a detailed plan that outlines your objectives, financial projections, marketing strategies, operational processes, and a roadmap for the future. Having a well-defined plan will guide your actions and make it easier to track progress. BEST MOMENTS "A lot of the time we talk about these big property or big business ideas and they're not necessarily beginner friendly." "Getting into business and starting a business, being an entrepreneur is a lot of work." "Decide you want to start. Just decide you want to start." "It's got to be something you love. It's got to be something you're going to enjoy doing because you're going to be at this a long time." "Everything you are planning on doing, everywhere you want to go, every goal you want to achieve, I can almost guarantee that somebody will have done it before." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz talks about Grade 2 listed buildings. Host Shaz Nawaz, an award-winning chartered accountant and property investor, shares his love for these historic buildings and dispels the notion that they are overly complicated to work with. He emphasises the beauty and architectural significance of Grade 2 listed buildings and highlights the potential investment opportunities they offer. KEY TAKEAWAYS Grade 2 listed buildings offer a unique investment opportunity due to their historical and architectural significance. They can be attractive to buyers and renters alike. Working on grade 2 listed buildings requires a different approach and careful consideration of the building's infrastructure and features. It is important to work closely with the local authority and obtain listed building consent before starting any work. The maintenance of grade 2 listed buildings should be factored into the costs. Using the right materials and ensuring compliance with regulations is crucial. Ignorance is not an excuse, and failure to comply can result in costly consequences. Grade 2 listed buildings may not be able to meet the government's energy efficiency requirements, such as achieving an EPC rating of grade C by 2028. Exemptions may be possible, but it may require compensating in other areas to meet the overall energy efficiency standards. It is advisable to work with experienced professionals, such as specialist builders or mentors, when working on grade 2 listed buildings. Their expertise can help navigate the unique challenges and ensure a successful project. BEST MOMENTS "They don't make them like they used to, Shaz." "You've got to make sure you get listed building consent before you start work and make sure you know what you can, what you can't change." "Sometimes the big stuff is you think here there's no real reason, you know, but most of the not, to be fair to councils, most of them are the eye-finding exposure with both for my clients and myself." "But if you're going through a grade two listed building, some things you can't change. Key features like the windows a lot of the time, you can't change doors, you can't change." "Enjoy the competitive advantage you get of being one of the few people that will go through great listed greater listed buildings and look to work with them, work on them." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
In this episode of Wealth Made Simple with Shaz, the focus is on maximizing the potential of your full-time job. Host Shaz Nawaz emphasises the importance of finding a balance in life that includes financial stability, physical and mental health, and personal fulfillment. He encourages listeners to assess their job satisfaction and align their work with their core values and interests. KEY TAKEAWAYS Find a balance in your job that aligns with your core values and brings you fulfillment. This includes doing something you love and that aligns with who you are as a person. Set goals for yourself within your job and work towards them. Define short-term and long-term goals, and establish milestones to track your progress. Take initiative and seek opportunities for growth and development. Work hard and work smart. While working hard is important, it's equally important to work smart by being efficient and effective in your tasks. Continuously learn and improve your skills to increase your value and earning potential. Take initiative and add value to your job. Connect with the right people and build relationships with those in leadership positions. Show your commitment and consistency in your work, and be willing to go above and beyond to contribute to the success of the company. Manage your time effectively and prioritize your tasks. Balance your job responsibilities and personal commitments, and strive to be punctual and reliable. Celebrate your achievements and those of others, and create a positive and supportive work environment. BEST MOMENTS "The possibilities are numerous once you decide to act and not react." - George Bernard Shaw "The harder you work, the more you should earn." "Commitment is doing the thing you said you would do long after the mood you set it in has left you." "Working hard is important. Good work ethic is just a good way to be." "The more you learn, the more you can earn." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
Shaz discusses the importance of asking the right questions when buying a property, whether it's for investment or personal use. He emphasises the need to go beyond simply liking a property and delves into the research and inquiries that should be made to ensure a successful purchase. KEY TAKEAWAYS When buying a property, it is important to ask the right questions to gather necessary information. This includes asking about the seller's motivation for selling, how long the property has been on the market, and if there have been any price changes. It is beneficial to research the local area and any development plans or planning applications that may affect the property. In commercial properties, consider breaking up the space to attract multiple tenants and increase rental income. Additionally, explore options such as service offices or shared offices to optimize space utilization. Negotiating lease agreements with potential tenants requires careful consideration of factors such as rent, tenure, break clauses, who pays for what, planning permission, and insurance. It is important to ask about any potential issues with the property, such as damp problems, neighbors, energy efficiency, water pressure, and parking availability. Additionally, clarify what is included in the sale to avoid any surprises. BEST MOMENTS "A good negotiation is one where both parties walk away unhappy." "You can't rip somebody off if you're saying I'm selling this pen for a pound, I'm saying I'll give you 50 pence and you agree to sell it." "If you can get a good deal that works for both of you, you've probably got it about right." "You need to run the numbers. What are your outgoings on that property? What profit yield are you getting?" "Ask the seller if they've already bought a new home or found a new home because that can delay the process." VALUABLE RESOURCES shaz@aaa-accountants.co.uk https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.This show was brought to you by Progressive Media
We often hear that in order to achieve real success and grow, we need to step outside of our comfort zones - but where do the boundaries lie? In this episode, Shaz talks about why it's vital to know where your comfort zone is, and how to get the best from stepping outside. KEY TAKEAWAYS Your comfort zone is the habitual zone in which you spend your time - it is where you feel most at ease and you have mastery over all that you do. If you stay in your comfort zone, you remove the special growth you can find in variation. It's fine to be happy there if that's what you want, but if you want to grow, you have to move. Even small, incremental changes can provide huge wins. You don't have to radically change your life - just look for small ways to improve. BEST MOMENTS 'Anything that's new, different, challenging, that takes you outside of your comfort zone, makes you afraid and fearful' 'They've found what really works for them, They have peace' 'That's the exception rather than the rule' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Many believe that wealth simply involves accruing the largest amount of money, but as Shaz discusses in this week's show, there might be more to the definition than you may think. KEY TAKEAWAYS You tend to see wealth depending on what your definition of success is in the first place. Some define wealth in terms of the freedom and happiness they have. Money is only one part of achieving wealth. The real definition is the freedom we attain through life and the things it allows us to do. Wealth means having the opportunities to follow the paths we want, and the reduction of the challenges that stand in our way. BEST MOMENTS 'Everything has a bit of a grey area' 'Wealth is very personal' 'If I never have to worry about anything again, then I am wealthy' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
There are many generalisations and stereotypes out there, with certain assumptions made about the state of things - but why do we do it? In this episode, Shaz and Kieron explain why generalisations are so often used. KEY TAKEAWAYS Generalisations and assumptions are a shortcut way for our brains to understand something. If we have a starting point about what to think, it gives us a starting point. If we subconsciously drift through our days and use generalisations as our pathfinders, we fail to take advantage of the many opportunities that await. BEST MOMENTS 'The speed of thought is faster than you think it is' 'It depends on how we perceive somebody and see them' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses exit planning, and how it is one of the most important parts of not just closing out your time in a business, but also one of the fundamental parts of setting up a business at the beginning. KEY TAKEAWAYS Exit planning is the act of thinking about how we will move on from what we are doing. This means setting in place a time frame, and a methodology for doing so. Many do not consider the perfect exit, because it seems so far away. However, if you have the end goal in mind from the beginning, you can better shape the future for yourself. Designing the perfect exit means learning how to maximise the value of your business, eliminate the parts that don't work, and ensure that it can be a profitable concern for someone else, going forward. BEST MOMENTS 'How do I now pass this on to the next generation?' 'It's a bit like handing your notice in' 'How do we strategically get to the end goal that we set in the leanest, quickest, best way possible' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
We often hear the term "power team" when it comes to property investing, but what does it mean, and how can assembling a power team do for your investing path to success? In this episode, Shaz breaks down everything you need to know about putting your power team in place! KEY TAKEAWAYS You can't possibly know everything when it comes to property investing, so surrounding yourself with a reliable group of people with specialised skill sets allows you to empower yourself in every aspect. Property relies on large transactions to work. it's a complicated process. Therefore, why would you NOT want to surround yourself with the best information, and the most efficient ways of working? The best way to find the best people is through referrals, and asking the right questions to the right people. Quality will make itself known. BEST MOMENTS 'You don't know what you don't know' 'There are people out there, and are specialists in the areas you don't know' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses the state of the economy in the property sector, and how the inflation rises and interest rates are affecting investors and homeowners in the UK today. KEY TAKEAWAYS Printing money in order to prop up the economy will always have after effects, and inflation is demonstrating that for us all right now. The economy is non-reactive in terms of when something happens, the effects can sometimes not be felt until much later, when the impacts land more unexpectedly. Don't look at the short term, be cautious, sensible and think about the long term effects of any financial decision you make. In the end, property will always go up in value in the long term. BEST MOMENTS 'What goes up must come down' 'In 2016 we were still feeling the effects of the 2008 property crash' 'Be more cautious and sensible' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
People should be more open to changing their minds when it comes to business, and in this episode, Shaz tells you why that's a good thing. KEY TAKEAWAYS In almost all cases, there's a better way of doing something. If we have a closed mindset, then we will fail to take advantage of these opportunities. if you have an open mindset about improving and doing things in a better way, you will allow yourself to broaden your horizons. Businesses that proclaim that their practices are ingrained because they've "always done things this way", can often find themselves at a loss when asked to explain why this is. BEST MOMENTS 'The best one is "my business is different"' 'Nothing before the word "but" ever really matters' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses what it takes to drive growth in your property business, scale to the next level, and achieve the life-changing results you want. KEY TAKEAWAYS Growth begins with a stripped back view of the essentials and basics in your property empire. Sometimes, the layers we add along the way can obfuscate the view we need to have. Implement systems and processes that will allow your business to operate without you in it. If that can take place, then you can focus on the growth while the profits still roll in. Business owners and entrepreneurs are people who work incredibly hard and diligently, but they also work as smart as possible. Never waste effort. BEST MOMENTS 'We start with the foundations' 'You need to have a cookie-cutter process' 'Make the best use of every moment that you have' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses the growth mindset you need in order to take the best advantage of every learning opportunity the world provides. KEY TAKEAWAYS As we continue to grow and develop in the world around us, it helps if we consciously activate our growth mindset and see everything as a learning opportunity. When you don't know enough about something, you can feel as though you know enough to do enough, which prevents you from growth. When we transform and grow in terms of mindset, the changes come thick and fast. It's not an overnight process. It takes longer than we may believe. BEST MOMENTS 'Having a growth mindset will help you evolve within yourself' 'You know enough to be dangerous' 'The more you learn, the more you realise the less you know' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz talks once more about the traits that attract money, including renting and why a mindset shift is required, and how to effectively manage your credit levels. KEY TAKEAWAYS People aspire to owning their own property and to add property to their legacy and assets list. Shifting from owning to renting seems like a backward step, but it doesn't have to be. If the numbers work, then renting a home while leasing out your bought home to pay bills is a strategy that should definitely be considered. Paying off credit and lowering the amount of interest you have to find each month will save you huge sums every year. BEST MOMENTS 'This is a big mindset shift for a lot of people' 'This can make a difference of thousands of pounds' 'Money likes adaptability' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses the value of thorough research, and why we should always do our due diligence and put the effort in when it comes to fact finding in the modern world. KEY TAKEAWAYS People seem to spend as little time as possible in gaining the answers they seek, largely due to the internet and free access to information. But we should always be doing our due diligence when it comes to fact finding. Effort should always be applied to any task. You have to put in the hard graft when you want to increase your knowledge base. Research is like anything - once you've applied yourself a few times, it gets much easier. Once you know where to look, the shortcuts begin to appear. BEST MOMENTS 'You can't short cut these things' 'Most importantly, look at the history of property investing' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz continues to talk about the traits that attract money, and how you can manifest more wealth by instilling these traits within yourself. KEY TAKEAWAYS Although money does not have a consciousness or a spirit of its own, it does flow, and it does so for a very specific set of reasons. Money is a consequence of doing the right things at the right time, in the right way. Success leaves clues. Never make money your master. Use it as a tool, and as a means of exchange, but never find yourself in the position of worshipping money. BEST MOMENTS 'Property likes money and property takes money' 'Money is consistent in the way that it behaves' 'Success leaves clues' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses the traits that we should encourage within ourselves and our business dealing, that will attract money in a fundamental way. KEY TAKEAWAYS Money is a case of mindset. If you believe that you are bad with money, the likelihood that you will be bad with money increases. Money likes people who work with speed - who are decisive, can make decisions effectively, and who work dynamically. Money is far more attracted to those who fulfil their promises. Don't just sit there and talk about what you might do - get out there and do it! BEST MOMENTS 'Money doesn't have a mind of its own, but it does follow particular paths' 'We're following the path of information' 'Some people are afraid of making money' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses the Goldmine Area - what it means, why you should always be on the lookout for one, and how to tell if the location you've chosen has the potential to make you very wealthy. KEY TAKEAWAYS A goldmine area is a location that, for you, has excellent potential for property investment, and could provide the key to unlocking real financial gains. People sometimes misunderstand why they need a goldmine area. Investing in the right goldmine area for you, can lead to your investment in an area that has potential for capital growth. If you have a strategy that requires a certain locale, such as student accommodation, then there's little point in investing far away from places of learning. Do your due diligence and investigate beforehand. BEST MOMENTS 'You did read my mind, and possibly my notes...' 'There are a number of benefits of knowing your goldmine area' 'This capital growth can generally be realised in one of two ways' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses the all-important moral boundary line that all landlords should try to adhere to when it comes to relationships with their tenants. KEY TAKEAWAYS Many think that landlords are the ones raising rents to unreasonable highs, when in reality they are simply following the government's plans when it comes to pricing and taxation. Professional investors make their entire income through their portfolio. If it becomes unprofitable then prices must be adjusted accordingly in order to remain profitable. BEST MOMENTS 'Property investors don't set the price. The market sets the price' 'Property is a business. For a lot of landlords it's their only form of income' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz presents a range of hot property tips designed to help you dynamically improve your investment chances! KEY TAKEAWAYS Rather than focussing on houses in your chosen investment area, focus also on flats. They're cheaper, easier to rent out, and have a better return on investment. Landlords aren't always distant and aloof when it comes to their tenants. They often want to build a working relationship to provide the best outcome for both parties. BEST MOMENTS 'Focus on flats to get on to the property ladder' 'Most people tend to get to know their tenants' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz talks about the value of a money mindset - how it can empower you, and how it can alter the relationship we have with money, and use it to build lasting wealth. KEY TAKEAWAYS We need to fundamentally alter the way we think about money. We often think of it as a resource that refills once per month when our salaries arrive. If someone is wealthy, there seems to be a tendency to believe that the money came from a disreputable source. This promotes a negative money mindset. By placing negative connotations about money, we turn it into a thing to feel shame about. Money is a positive thing, and the ways that people accrue it are none of our business BEST MOMENTS 'A lot of people have an odd relationship with money' 'What's important is building a habit' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses the key factors he considers when it comes to evaluating a potential property investment, including analysis of cashflow and return on investment. KEY TAKEAWAYS When it comes to commercial conversions, the first consideration must be the purchase price. If you are overpaying for a property, you are not going to lose out if the area is in high demand. When looking to buy a property, it's crucial to look at ways to add value right from the outset. When you add value, that's when you make the biggest gains. When buying a property, spend a considerable time researching and try to buy below market value. Motivation on the seller side is key.. BEST MOMENTS 'If you pay too much for a property then you're on the back foot' 'I would look at the positive cashflow first' 'Different people sell for different reasons' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz explores the commercial strategy to the residential strategy, and explains the many pros and cons of both. KEY TAKEAWAYS There are benefits to both strategies. Commercial units are in general, cheaper than residential units, so the barrier to entry is lower. Residential is the safer strategy, and is the entry point for many investors due to the universe of knowledge out there, and the guidance available. BEST MOMENTS 'The barrier to entry is lower' 'Hope for the best, plan for the worst' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz takes a deep dive into the world of commercial conversions - what they are at heart, and how you can maximise a building's potential with your plans. KEY TAKEAWAYS A commercial conversion is where you purchase a formerly commercial building and convert it into a number of residential units. 18 months is a sensible time to aim for - for a start-to-finish project, depending on prior approval and permitted development rules. The more commercial conversions you do, the better you get, and the faster the process becomes. You will start to assemble a crack team of professionals you can count upon to get the job done. BEST MOMENTS 'There's no hard and fast rule' 'You're in the hands of the Gods, as they say' 'We should call this the A Team!' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz talks about the NMD strategy (No Money Down), otherwise known as JV-ing (Joint Venture), which is essentially a way of getting started on your property investing journey without needing any of your own money upfront. KEY TAKEAWAYS Many people have money that isn't working for them through traditional means. This means that if you do the work, and they provide the money, a win-win situation can be created for both of you. Flipping is a trade, and so different benefits and reliefs may apply if this strategy is used. Keeping the flips as a separate entity is generally wise. The percentage split between you and your investor is something you will both have to decide upon. Choose a figure that works for you but be prepared to negotiate. BEST MOMENTS 'No money down doesn't mean no money involved' 'A little bit of something is better than a lot of nothing' 'It's hard to convince someone that you know what you're doing if you've never done it before' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
Shaz discusses some rather more niche strategies used in property investing, such as time management, PBSAs, and nomination agreements. KEY TAKEAWAYS You can't always rely on the information you find online. It's far better to take the advice of people with experience, and those you can trust. PBSA stands for Purpose Built Student Accommodation and will always be more utilised in university and college towns and cities. The benefit is that you can choose your tenants at the same time every year. BEST MOMENTS 'You don't know what you don't know' 'Most people who do things successfully are happy to give you information' 'Learning every day is important' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media
One of the most powerful yet underused strategies in property investing is the Lease Option, a methodology that can give you income from a property before you even take ownership. In this episode, Shaz explains how to use this as a strategy, and also discusses why deal sourcing might be an alternative, viable way to raise cash for your business. KEY TAKEAWAYS Finding a viable deal and packaging it as a product to sell to an investor, is a fantastic way of raising cash. You can charge a fee for the packaged deal and even take a commission on what is earned. A lease option means that you agree to take on the costs of a property on behalf of a landlord, with a fixed term set during which you can purchase the property for a set price. This means that you can essentially rent out the property at a profit and enjoy the capital gain on the property. The stronger your network is, the better the deals you'll find. It allows you to get to know the players in the game alongside you, and make crucial connections that will allow you to pull the trigger on any deal that comes your way. BEST MOMENTS 'Deal sourcing is a good way to get started' 'It's a nice entry way for somebody to get into property' 'This is a fantastic learning curve. You learn about what works and what doesn't work' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors. Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable. He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets. You can find Shaz on: Facebook LinkedIn Instagram YouTube. This show was brought to you by Progressive Media