Business, Wealth And Mindset Podcast

Alex welcomes Latoya McDonald, an expert in systems and outsourcing for property businesses. Latoya shares her journey from real estate in New Zealand to building a successful property management agency in the UK, emphasising the importance of systems over mere goal-setting. She discusses the common pitfalls business owners face when trying to systemise their operations and offers practical advice on how to effectively delegate tasks to virtual assistants. Listeners will gain valuable insights into creating efficient processes, the significance of time management, and the mindset shifts necessary for achieving business success. KEY TAKEAWAYS Importance of Systems Over Goals: Focusing on building effective systems is crucial for business success, as they streamline operations and free up time for entrepreneurs to concentrate on their core passions. Start Systemizing Early: New business owners should begin implementing systems from the outset, as waiting until the business grows can lead to overwhelm and chaos, making it harder to establish efficient processes later. Role Specialization: When hiring virtual assistants (VAs), it's essential to define specific roles and responsibilities. A VA should not be expected to handle multiple unrelated tasks, as this can lead to inefficiencies and confusion. Regular Communication and Support: Maintaining regular check-ins with VAs is vital for ensuring they stay engaged and productive. Short, structured meetings can help address issues and provide necessary guidance. Mindset and Time Management: Developing a strong mindset and effective time management skills is key to achieving business goals. Entrepreneurs should break down their objectives into manageable tasks and consistently work towards them to avoid falling into a cycle of chaos. BEST MOMENTS "When you do systems and procedures, it makes the business efficient and streamlined, but it does not give you your time back." "You cannot get a virtual assistant to be an all-rounder. You need to split the business down and then go and find that VA for that role." "If you are going to do it on your own, you just got to do it and get it done. The more you bring on, the more workload it brings with it." "It's all about pursuing your passion and the things that you love to do, help people build these systems." "If you start today, imagine what your life will be in six months' time. But you've got to start today, just little bits each day." ABOUT THE GUEST Latoya McDonald @ Outsourcing Your Property Business; Helping business owners get their TIME back via Systems, Procedures and Outsourcing - So you can FOCUS on high money-making tasks.I can build out Asana or Trello for you, make sure cloud-based storage is set up, work with you to implement certain systems, ensure detailed procedures are in place, restructure staff or hire the right Virtual Assistants, deep-dive into making the biz more profitable… AND MORE ! Visit my store where you’ll find: a ready-to-use ‘Referencing and Credit Check’ procedure a video showing you our email system and our email set-up with our Virtual Assistants- FREE E-Book You can book your first call with me for FREE, plus more useful procedures for you to plug-and-play into your property biz coming soon: https://stan.store/Outsourcing_Your_Property_Business Ready to take action? Book a call with me here: @Outsourcing_Your_Property_Business SOCIALS Instagram: https://www.instagram.com/outsourcing_your_property_biz/ TikTok: https://www.tiktok.com/@outsource_your_prop_biz Facebook page: https://www.facebook.com/outsourcingyourpropertybusiness Facebook Group: https://www.facebook.com/groups/outsourcingyourpropertybusiness YouTube: https://www.youtube.com/@outsource_your_property_biz PODCAST: https://shows.acast.com/65086e7ad844a90011f12f77 CONTACT ALEX Facebook: https://www.facebook.com/alexsapalaofficial/ Twitter: https://twitter.com/alex_sapala YouTube: https://www.youtube.com/channel/UCgZ1DCPGAu5c2yhOkfGZRSQ

Alex delves into the transformative concepts presented in "Atomic Habits" by James Clear. The discussion emphasises the importance of focusing on systems rather than goals to achieve lasting change and improvement in our lives. Alex outlines the four key steps to building good habits—cue, craving, response, and reward—while providing practical strategies such as habit stacking and environmental redesign to make positive habits more automatic. He also addresses the challenges of breaking bad habits by reversing these steps and highlights the significance of accountability in maintaining progress. Listeners are encouraged to embrace the journey of incremental improvement, illustrating how small, consistent changes can lead to significant growth over time. KEY TAKEAWAYS Focus on Systems, Not Goals: Instead of fixating on specific goals, prioritise the systems and processes that will help you achieve those goals. Goals provide direction, but systems facilitate progress. Four Steps to Build Good Habits: To create a new habit, follow the four steps: Cue (make it obvious), Craving (make it attractive), Response (make it easy), and Reward (make it satisfying). Each step is crucial for habit formation. Environmental Design: Redesign your environment to support your desired habits. This can involve removing cues for bad habits and adding cues for good ones, making it easier to stick to positive behaviors. The Power of Consistency: Small, consistent improvements (like being 1% better each day) can lead to significant growth over time. This compounding effect can result in becoming 37 times better in a year. Breaking Bad Habits: To break a bad habit, reverse the four laws of habit formation: make the habit not obvious, unattractive, difficult, and unsatisfying. Additionally, having an accountability partner can enhance your commitment to change. BEST MOMENTS "Daily habits are what make us who we are. Even tiny changes such as being 1% better every day can make us 37% better in just one year." "The reality is somewhat different. It looks something more like flat at the beginning and exponentially curves at the end." "Goals are good for setting direction, but systems are best for making progress." "If you want to start a habit and you do that on your own, then there's a high chance that you will actually fail." "Breaking out a bad habit can be quite simple once you learn how to create a good one." ABOUT THE HOSTAlex is a prize-winning chartered accountant with experience in financial markets from trading finance, capital hedging, structural foreign exchange, and interest rates to operational risk from the world’s top financial and advisory institutions including Deloitte, RBS, and JPMorgan ChaseAlex has been involved in property development programmes across different types since 2008, building and managing a portfolio that includes standard buy-to-lets, student accommodation and other houses in multiple occupancy (HMOs).He specialises in raising finance, providing potential investors, investors, and joint venture partners with ad hoc (to their specific requirements), hands-free and hassle-free property investments solutions as well as coaching and mentoringAlex aspires to share business and financial knowledge with upcoming entrepreneurs and experienced business minds to learn and master the concepts and mindsets required to succeed, stand-out, have the edge and make a difference.Alex is also a keen traveller, cyclist, and photographer. CONTACT METHODFacebook: https://www.facebook.com/alexsapalaofficial/Twitter: https://twitter.com/alex_sapalaYou Tube: https://www.youtube.com/channel/UCgZ1DCPGAu5c2yhOkfGZRSQ

Alex welcomes property investor Holly, who shares her inspiring journey from humble beginnings to living the life of her dreams. Holly discusses the challenges she faced while building her property portfolio, including overcoming debt and finding investors, as well as the importance of mindset in achieving success. She reflects on her experiences with various property strategies, the significance of choosing the right location, and the value of community and personal development. Listeners will gain insights into Holly's mindset transformation, her approach to leveraging systems in business, and her plans for the future, including her passion for travel and continuous growth. This episode is packed with motivational nuggets for anyone looking to realise their potential and achieve financial freedom. KEY TAKEAWAYS Mindset is Crucial for Success: A positive mindset and continuous personal development through reading and learning are essential for overcoming challenges and achieving goals. Engaging with mindset literature can help shift perspectives and foster resilience. Embrace Challenges as Learning Opportunities: Facing difficulties, such as financial struggles or setbacks in property investments, can serve as powerful motivators. These challenges often lead to growth and a deeper understanding of the business. Choose Your Environment Wisely: Selecting a property investment area that resonates personally can enhance the overall experience. Enjoying the community and environment can make the hard work more fulfilling and sustainable. Leverage Systems and Technology: Implementing effective systems, such as a CRM for property management, can streamline operations and free up time for other pursuits, allowing for a more balanced lifestyle. Freedom Over Materialism: The ultimate goal of financial success should focus on achieving freedom and the ability to make choices, rather than merely accumulating material possessions. This shift in perspective can lead to a more meaningful and satisfying life. BEST MOMENTS "Back then, it was always just having that freedom. I know it's a bit cliche, but that time freedom..." "I think the biggest thing that actually kept us going was kind of that pressure, our backs were against the wall in the sense of money." "I genuinely thought... property will always be a business. It will never, ever, ever be completely passive." "It's not just about property. It's not just about making money. It's not about work. It's about what feels right, too." ABOUT THE GUEST Holly is originally from Plymouth and now lives in Sheffield. She has held various management positions in private and listed organisations, and has also worked independently with start-ups and growing businesses providing business growth consultancy. W: www.wolfandsword.com Facebook: https://www.facebook.com/holzjennings Podcast: https://podcasts.apple.com/gb/podcast/shelf-improvement-book-club/id1621740861 ABOUT THE HOSTAlex is a prize-winning chartered accountant with experience in financial markets from trading finance, capital hedging, structural foreign exchange, and interest rates to operational risk from the world’s top financial and advisory institutions including Deloitte, RBS, and JPMorgan ChaseAlex has been involved in property development programmes across different types since 2008, building and managing a portfolio that includes standard buy-to-lets, student accommodation and other houses in multiple occupancy (HMOs).He specialises in raising finance, providing potential investors, investors, and joint venture partners with ad hoc (to their specific requirements), hands-free and hassle-free property investments solutions as well as coaching and mentoringAlex aspires to share business and financial knowledge with upcoming entrepreneurs and experienced business minds to learn and master the concepts and mindsets required to succeed, stand-out, have the edge and make a difference.Alex is also a keen traveller, cyclist, and photographer. CONTACT METHODFacebook: https://www.facebook.com/alexsapalaofficial/Twitter: https://twitter.com/alex_sapalaYou Tube: https://www.youtube.com/channel/UCgZ1DCPGAu5c2yhOkfGZRSQ

In this episode, Alex delves into the profound themes presented in Mark Manson's book, exploring the uncomfortable truth of life: the inevitability of death and the fleeting nature of our significance. He emphasises the importance of hope as a driving force against hopelessness, which can lead to depression and anxiety. Alex discusses the emotional roots of self-control, highlighting the interplay between our thinking and feeling brains. KEY TAKEAWAYS Hopelessness is identified as a root cause of depression and anxiety, stemming from the feeling of being out of control in one's life. It is essential to recognize that while pain is inevitable, suffering is a choice. Hope is fundamental to our psychology, providing a sense of purpose and the belief that we can achieve something great. It is crucial to have something to look forward to and to feel a sense of control over our destiny. Self-control is primarily an emotional issue rather than a logical one. The feeling brain often drives our decisions, and aligning it with the thinking brain is key to achieving better self-control and overcoming feelings of hopelessness. True freedom comes from self-limitation, which involves making conscious choices about what to give up in life. The most meaningful freedom arises from the commitments we choose to sacrifice for our goals. Achieving harmony between the thinking brain and the feeling brain is essential for personal growth. When both are aligned with the same values, individuals can navigate life's challenges more effectively and reduce suffering. BEST MOMENTS "One day, you and everyone you love will die. And beyond a small group of people for an extremely brief period of time, little of what you say or do will ever matter." "Hope is what makes us happy. It's what makes us progress forward." "Pain is inevitable, but suffering is always a choice." "The only true form of freedom is through self-limitation." "Your life is not hopeless. Your life is not meaningless unless you subscribe to a belief that pain is inevitable." ABOUT THE HOSTAlex is a prize-winning chartered accountant with experience in financial markets from trading finance, capital hedging, structural foreign exchange, and interest rates to operational risk from the world’s top financial and advisory institutions including Deloitte, RBS, and JPMorgan ChaseAlex has been involved in property development programmes across different types since 2008, building and managing a portfolio that includes standard buy-to-lets, student accommodation and other houses in multiple occupancy (HMOs).He specialises in raising finance, providing potential investors, investors, and joint venture partners with ad hoc (to their specific requirements), hands-free and hassle-free property investments solutions as well as coaching and mentoringAlex aspires to share business and financial knowledge with upcoming entrepreneurs and experienced business minds to learn and master the concepts and mindsets required to succeed, stand-out, have the edge and make a difference.Alex is also a keen traveller, cyclist, and photographer. CONTACT METHODFacebook: https://www.facebook.com/alexsapalaofficial/Twitter: https://twitter.com/alex_sapalaYou Tube: https://www.youtube.com/channel/UCgZ1DCPGAu5c2yhOkfGZRSQ