WealthTalk - money, wealth and personal finance.

Celebrating 250 Episodes of WealthTalk! Giveaways And Special Offer For New Members

Episode Summary

Exciting Announcement: Join us in celebrating a significant milestone as the WealthTalk podcast reaches its 250th episode! Explore the essential role of cash flow and time freedom in effective wealth management, and discover how individuals have utilized our Wealth Road Map to achieve financial security through inspiring success stories. Take part in our exclusive giveaways and a special promotion designed for newcomers looking to embark on their wealth-building journey.

Episode Notes

We are thrilled to announce the release of the 250th episode of our WealthTalk podcast. 

To celebrate, we are hosting giveaways worth thousands of pounds and introducing a special offer for new members.

Launched in 2019, WealthTalk has nearly 500,000 downloads from listeners in over 120 countries.

In this special episode, co-hosts Christian Rodwell and Kevin Whelan reflect on our community's progress and the evolution of our membership programmes. 

We emphasise the importance of cashflow and time freedom in building wealth, plus we feature inspiring clips from members who have used our Wealth RoadMap to achieve financial security.

Resources Mentioned In This Episode:

>> How To Win The Prizes

Next Steps On Your Wealth Building Journey:

>> Join the WealthBuilders Facebook Community

>> Become a member of WealthBuilders

If you have been enjoying listening to WealthTalk - Please Leave Us A Review!

 

Episode Transcription

The purpose of Wealth Talk is to educate, inform and hopefully entertain you on the subject of building your wealth. Wealth Builders recommends you should always take independent financial, tax or legal advice before making any decisions around your finances. Today's episode is brought to you by Wealth Builders Membership, a proven step -by -step process that helps you achieve financial security within two to three years. To find out more, head to wealthbuilders .co .uk forward slash membership.

 

Welcome to episode 250 of Wealth Talk. My name is Christian Rodwell, the Memhship Director for Wealth Builders, and I'm joined today by my co -host and founder of Wealth Builders, Mr. Kevin Whelan. Hi, Kevin. Hello, Chris. Good to be with you again. And for such a prestigious occasion, it's nice to see you dressed up for it. Yeah, yeah, you know me. I always love a collar and a shirt tie. So, yeah, we are here. And boy, have things progressed since we launched back in February.

 

2019. Can you remember back that far? I was in my 50s then mate. Yes, I was in my 30s. Yeah, things have changed. Life has changed. Well, it's amazing, isn't it? What's happened since 2019 and I'm actually pleased and proud of our own resilience and our own commitment to keep doing this. And there are obviously good reasons for that. But even if we just casually reflect on what's happened, we keep talking about the economic wind that blows on us. But look at some of the years we had, right?

 

So obviously, you know, we've worked together. I think we met, was it 2014? That's correct, yes. Not that I remember him. We didn't go on a date or anything and we certainly haven't picked out any cars. Glass of wine though, I believe. But we recognized that we had skills together. We recognized that I had a vision and you had great tempo energy. I was great at the ideas but not so good at the delivery and you've done a great job. So I want to commend you for that.

 

But the other point is, wow, what things have changed externally, right? So it's not just we've got older, but the world has turned. And in so many ways, look at what happened in, well, it's only three years ago since COVID. We're saying to people now, with all the developments and improvements we've made in the Well -Pilled Up program, for many people, they can become financially independent in three years. So look back to COVID and go, actually, if I look forward, I could be completely financially secure, probably, not independent.

 

Christian Rodwell (02:27.054)

We had a crazy year in 23. You know, we had four chancellors, three prime ministers and two monarchs in a single year. Of course, we've got an election coming up and that's going to be a, a bun fight. We had all sorts of weird and wonderful things going on and the world constantly changes. And that's why our wealth builders, we encourage people to deal in principles because principles will work irrespective of the economic circumstances.

 

But by being involved in a community, we can then respond to those changes when we see them. So principles plus proactivity when you see something happening, being financially fleet of foot, so to speak, you know, being able to move when you see things, because being outstanding in a niche, which is a bit of language, and there's probably lots of things we've shared over the years, Chris, where maybe some of that language is already in other people's psyche for those who've listened to us for a

 

a year, you know, the pillars, the wheel of wealth. But I'm pleased that we've carried on. The resilience has carried on and we want to keep going. But in order to just stop, pause, acknowledge and celebrate it really. So and we'll celebrate that with some thoughts about how we can reward those people who have listened to us and encourage a few shares at the same time, Chris, how about that?

 

Absolutely. Yes. No, we want to say a very, very big thank you to you for tuning in, to listening, to following, subscribing, to leaving us wonderful reviews. And over 250 reviews now, five -star reviews, Kevin, we read those out every week. On our way now to half a million downloads of the podcast. And interesting, we started off recording

 

Around the table, we had a sort of TASCAM recorder back in 2019. Then COVID came, we had to move online and we used some software called Zencast. I know people are interested to find out a bit behind the scenes how it all comes together. And then we shifted to Zoom. Now we use a platform called Riverside. And the most popular listening time I can see from the stats, Kevin, is first thing on a Wednesday morning, as soon as the podcast is released. So between eight and nine AM is when we get most of our listeners each week.

 

Christian Rodwell (04:48.302)

That's really interesting. It's almost like people tune in and know it's coming. That's just that would be a wonderful feeling to think that people look forward to our Usings Chris and we get feedback on the style of it, you know, the kind of combination of the warmth obviously that exists between you and I the lessons and inspiration that comes from our guests and sometimes ourselves and letting people know

 

really that we are a genuine organization, you know, with integrity at the very essence of who we are. And that's starting to do great things for us in terms of our memberships and so on. And those programs have improved as well over the years. So, yeah, when you look back, it's been amazing, right? Yeah, that's right. There's been three iterations of memberships since we launched in 2019.

 

and our founder members that joined us and many of them still with us today, which is fantastic. We then launched the Academy in 2021 and Wealth Builders' membership now is bigger and more vibrant than it's ever been. And that leads me on to say we have got some wonderful gifts which we want to share. And today we're going to be showcasing some of the highlights from our members because without you listening, without our members there,

 

taking those steps every month consistently. We wouldn't have a reason for showing up, Kevin. So that's the reason why we do what we do. But perhaps you've been listening to the podcast for a long time now. And for whatever reason, maybe the timing hasn't been right. But we want to make this a no brainer offer today, don't we, Kevin? And we're going to be giving away. Yeah, just let's just do some giveaways, Chris. You know, I think it's appropriate. I'm pleased and proud of what we've done, as I've already said. And I know people still sit on the fence, right?

 

We know that many members who join us, we had a membership call with a member just yesterday and said, it's almost like I'm getting my private podcast with you and me both trying to help this guy with their business dilemma. Just some really, really interesting things that, you know, our members are now doing for themselves, some fantastic stories. So if you picked a few highlights for people to dive into and go, well, look, in three years, this could be you. It's not a lifetime away. It's not like.

 

Christian Rodwell (07:03.566)

thinking about putting more money into your pension and hoping for the best that one day, someday, you know, things will work out. It's not about accumulating money. It's about cash flow first, accumulation second. Say it again, Chris. Cash flow is how you start to build your wealth and then you have capital events that you add to those as you start to move forward. That way you get your time back and that's the most precious commodity of all. And if you've got cash flow coming in,

 

equivalent to what your day job pays you essentially, then you don't need the day job. Whether it's a day job in a job, PAYE, or whether it's a day job self -employed, doing work as a sole trader or doing work in a business. And we often comment, don't we, at how hard the business owners in our community work and how little time they have for themselves and for their families. So really good for us to be able to try and help as many people get their time back.

 

We're going to hear some really, really great clips from across the last five years from our members sharing what encouraged them to take that first step and the transformation that they've seen as a result of that. The freebies, let's share with our listeners, Kevin. We've got 25 signed copies of your latest book, The Wealth Coach, which you co -wrote with Brad Sugars, the founder of Action Coach. So 25 physical books that we're giving away there. We're going to create 25 free wealth maps. So this is

 

everything on one page. You're wealth like you've never seen it before. It's actually part of the membership program, but we're going to give the opportunity for 25 people to get a free wealth map. And then we are giving anyone who has not yet taken that first step with us the opportunity to become a member of Wealth Builders to get on the inside for just £25 a month. And in order to be in with a chance to win those, all you have to do is share this episode on social media. So whether

 

You choose Instagram or Facebook or TikTok, whatever you prefer with the hashtag wealth talk 250. So hashtag wealth talk 250 and add a few words, let us know if you've been enjoying it, what your favorite episode was. We'd love to see that alongside it, but that's all we need to do. Just simply share our posts, which you'll find online. So if you search wealth talk 250, you'll see our posts. Just repost that, share it with the hashtag and then we will be picking those winners.

 

Christian Rodwell (09:27.982)

25 pounds to give a little taster on the inside, isn't it? It's like a little taster menu. Hopefully you'll never look back and go, well, okay, now I see what it feels like. Because often people second guess themselves, don't they? And they kind of prejudge. And another word for prejudging is prejudice, right? So you prejudge, well, I'm too old, I'm too young, I'm too this or too that. And nobody is. There is no circumstance in which.

 

the processes that we share work. It's entirely predictable. If you follow every single month, ideally surround yourself with like -minded people so you get the environment, the cushion, the inspiration. Again, just reflecting on a call I had earlier in the week, Chris, and a woman had said to me, I'm so glad I found you because I'm on my own here, you know, trying to build wealth on our own and people in the job.

 

not thinking you're doing what. There's so many people who'd be naysayers. So don't be dragged down by the naysayers. Don't be dragged down by somebody else who isn't thinking about becoming financially independent. If they're a life partner or a partner, they'll come along for the ride if it's going to work out for them and leaving a great legacy for your children as well. Well, you know, what's not to like? And I can't think of a better way.

 

to introduce that than to do it on episode 250. I mean, 25 quid, wow, Chris. Did we have a board meeting to agree that or something? Yeah, we did. Yeah, must have had one too many glasses of wine. So for this special 250th episode, we're showcasing our members who have taken that first step and keep on taking small steps every month and who have now achieved financial security and independence for themselves and their families.

 

So we're going to hand it over now, Kevin, and we'll be back next week with episode 251, but now handing over to our members. Until then, my fellow members, see you. And as usual on our spotlight, what we do is kind of take a walk through our nine -step recurring revenue roadmap, which is the process that we teach our members who join us in the Wealth Builders Academy to move from a place of financial insecurity.

 

Christian Rodwell (11:42.318)

through to security and then on to independence. And as a journey we know from start to finish takes approximately five years, Kevin. So first one or two years is always the early stages. It's just testing those ideas, turning a few wheels, as we say in the wealth builders world, and just finding the right path. And then year two, year three really is where the momentum builds. Absolutely right, Chris. And I think as Dan Hill said in the podcast we did previously, success and failure is predictable. And we know that if people follow our roadmap,

 

Success is predictable.

 

Christian Rodwell (12:16.11)

The day job has now become a certificate of requirement, so you could probably say. I'm not leaving it immediately, but I've set a date to get out of that in October. So I've decided October is my escape the rat race date. I'm going to hand in my notice then and leave the day job. Going to sack your boss. Yes, I'm going to sack my boss here.

 

So my property mentor, Carol, mentioned SAS pensions to me. I'd never ever heard of it. And so that's how I came across wealth builders. And I was definitely one of those people. I was always looking for that thing to invest in that would add that layer of security and give that extra income. And I had made so many mistakes. And I think that for me was really frustrating. I was wanting to do the right things. I was wanting to invest. I was wanting to do that.

 

but there's so much false information out there and people with not the right ethics, let's say, that you end up, you know, can make some costly mistakes. And I definitely did that. So finally, I just felt once I looked at, and I'd heard of you from Escape the Rat Race. I worked in London and it was one of those things I'd meant to go along to and never had. So your name was familiar. And then when I looked into Kevin,

 

I just felt that this was finally a place that A, wasn't just focusing on one source of income. Like for me, yes, I'm interested in lots of things. I want more than one in the stream of income. And so many things out there just focus on property or just focused on investments. And this was that really holistic approach that I was looking for, structured with the detail and I felt with the right people leading it.

 

that it wasn't just going to be another one of those things where you just kept being upsold to something else to learn the next bit of information.

 

Christian Rodwell (14:16.206)

The amount of times I recalculated my numbers, each time I was doing it, I was getting a different number and a different number. And then it came to a certain point that that number became a little bit more concrete and where I was more comfortable. So I think huge shout out to Manish, but also a couple members within the wealth builders community as well. So I think, again, going back to having the right group around you, I think that gives you that level of comfort and support that you need to get it over the line.

 

It took me such a long time to get there, but once I took action, it gave me the momentum I needed. And isn't that such an important lesson? And again, for anyone listening now who is just being held back and just that little bit of fear, just taking that first step because it's expanding your comfort zone and the other side of your comfort zone is where all the results are, right? And you just got to step over there. And of course, having support around you is really important. If you're doing this completely on your own, it's scary. And that's why a lot of people never make it.

 

Right, but when you've got others, as you said, you can see others that are doing it, they're okay, they're safe, they're generating income. Why are you not doing it yourself? And when you do take that step, then you realize, yes, you wish you'd done that much sooner.

 

Christian Rodwell (15:32.558)

So I did what everyone does and read Richard Adbordad. And then I was doing some searching on the internet and came across Kevin's book, Seven Pillars of Wealth. That really struck home actually. That was a really, really great kind of guide and kind of started to give me a bit of a plan of what I could do potentially. And then kind of I created my business from there and started looking at our family's financial situation. Great. And it's only been a couple of weeks, but how are you finding the program so far? I'm absolutely loving it. I'm really enjoying it.

 

finding a lot of value from it, like in the last couple of weeks, and the wealth dynamics test, and found that really useful, and my wife's done it, and that's really interesting as well. And you can start to see a pathway to achieving financial independence. At the start, it seemed pretty far off. And then when Kevin was talking, and getting yourself talking about five to seven years, I think, really, and I've given myself a challenge of 11 years to do it, but the more I've got into the course, the more you can see that being a realistic goal.

 

So we know there's many, many strategies out there within each of the pillars and this is where overwhelm can kick in for people because they just don't know where to begin. So what's been your primary wealth building strategy, Claire, and what other strategies are you also looking at? So we started off with our, in property with our bitolettes, sort of that's our little foundation. Then we did learn about

 

by refurbished finance. And now we're really looking to the holiday lets. We've done one. We're currently, I'm currently in talks with some other members in the WorldBuilders community about doing another joint venture. They also look after holiday lets. That'll be our next, our next deal, I think, which we're really excited about as well.

 

Christian Rodwell (17:13.069)

know, can all see the social media posts every day and stories of people, you know, having great successes. We know the reality is that it's not that easy. And the reality is that there are a lot of people, Kevin, on their wealth building journey, who get stuck, or who never even get started at all. And we're here to do our best every day with our members to encourage them to support them and create that community of like minded people. So that when you get stuck,

 

You've got others that are giving you that little nudge, maybe your coach on your call each month that's saying, look, you can do it. All right. And also you have to take action. You have to take that first step.

 

So that was the first start of the reason why to start to realize, well, if I continue doing on the same path, then I'm not going to be able to survive as I get to a certain age. The second part was when we got into the first lockdown and I started to think, well, I can sit back and do nothing in lockdown or I can really push on and use this to my advantage. So I took the latter and decided that that was the starting point for me to start looking at the reason why, why do I want to

 

be successful and financially independent. And then I overlaid that with the journey for my family. And I really want to make sure that the kids are also on that path. So it's kind of a mixture of making sure we're okay in later on in life, myself and my wife. But almost more the case of my drive now is to make sure the kids have got a really good starting point and they understand how to well -field as well.

 

We had zero income being generated from any of the assets that we owned despite owning a number of assets and obviously being in a very high earning job. That was a bit of a realization once I started to really understand the concept behind wealth building. So the position back then was despite my employment and my other half had a very successful business and she'd been running childcare businesses for the last 20 years and always been very profitable, but we were still at a point of financial insecurity.

 

Christian Rodwell (19:20.814)

because we didn't have any generating income and we had some pretty lofty outgoings with kids at private school and expensive lifestyles etc. But because of the wealth building steps that we've taken over the last 12 months, we're very much on our way to security and beyond towards independence.

 

So I found out that I was a creator or creative, I can't remember what the wording is, and it fits very much because I tend to have a lot of ideas and I like to start things. So I've had different businesses along the way. I've sort of done tapas classes, I've done dating things for people, but I tend to get bored quite quickly. And so I think it was really good to learn about myself and to see what I would need to keep things sustained in order to sort of to grow businesses rather than just start them.

 

David on the other hand was a Lord which fit very much and it sort of made a lot of sense why in business we don't really understand each other because he needs to know everything. He needs to have planned out every single step to sort of the nth degree before he's ready to go. Whereas I've lost interest by that. So it was really nice to sort of see those two profiles and to understand each other a bit more and see how we could help each other and also when we needed to sort of say, okay, we need to back off and let the other person do their thing.

 

And that led us actually to decide that we should do different businesses and help each other than that, right? Rather than sort of clashing heads and trying to work together, which was...

 

Christian Rodwell (20:47.534)

When you become a business owner, your IP becomes yours. So you've got IP times L leverage. What's the way you can leverage your IP? Now, of course it's possible to be an entrepreneur and go to your boss in a company and say, hey, I've got this brilliant idea. Can I get a share of the value that's created? But most people don't do that. It's only when you're forced to a transition, when you have to look at that and say, well, now I've got this intellectual property. I used to give it away.

 

What can I now do with that that adds value to either a pillar, which could be business, it could be the way you do property, it could be the way you create joint ventures. It could be anything really. But as long as you apply your brain power and say, well, what do I do that's uniquely me? Which means a bit of self analysis, a bit of introspection. Now, of course, in Wobbles Academy, we ask people to do their wealth dynamic, which is all about what keeps them in flow. But I'd also suggest you

 

Take time to look at, well, what's your DNA? Who are you? What are your values? What are the things you care about?

 

was reading quite a lot of books and I heard Kevin at a Mark Stokes event and I thought he was quite an interesting individual and I went back and he pinged me a free book which I downloaded and I read. At the back of that I was reading Richard Ed Ford out as well, another sort of seminal book and the light started sort of to ping on my brain really thinking, okay, that's what I need to do. So I had a sort of an inkling of what I needed to do, it's just a question of finding out.

 

how to do it. Yeah, good. And then I guess obviously you caught wind of the fact we were launching, you know, the wealth builders membership program and guess the timing and the interest was there. It was I think the interesting thing that struck me the membership program is like all these things. I think you mentioned before, there's a lot of people that bombard you with with educational press, especially now. And I think you have to be very careful of how you analyze them. And it's very easy to tick in the box and go, okay, it's another model. And

 

Christian Rodwell (22:54.478)

they end up sort of having different value systems really. So with this, the one thing that struck me with Kevin is the 5 % of the population. That's all that sort of engaged with creating, say, SaaS pension funds and actually looking after their own finances. It's really poor, but I thought that was a really interesting point. And then obviously with the Roebuck, I thought it was a really good way breaking it down to go, okay,

 

It's a great analysis tool and you can see where you're going to go. So why not? So I tick the box, you know, pay the money and thought, well, it's not much to lose. Let's see how it goes. And been there ever since.

 

let's just go through each of those seven pillars, Andy, and let's see kind of what have you currently got now. So first pillar is home capacity. Yeah, absolutely. Yes. Again, this was down to conversations with Ian Halfpenny and the advice, you know, as my coach, as my wealth builders coach, he's been exceptional. So we actually used some of the equity in the house and board of property as a result of that, looking at the second as well. So, and that's been great. That was the learning that we picked up from that as well. And, you know, having him there.

 

that point of reference and being able to use his guidance and expertise was absolutely invaluable. So yeah, home capacity was certainly one that we've used so far.

 

from a monthly income point of view, I think it was a £1 ,200 a month boost on the thermometer, which is fantastic. Now, on the grand scale of my aspirations, the £1 ,200 a month wasn't a huge chunk for me personally. However, the really nice thing about it, and I think I mentioned this in the call last night, is I actually used the money for something that I've been wanting to do for a long time. So it made a difference to my life. The £1 ,200 a month asset income.

 

Christian Rodwell (24:44.59)

I wanted a new car. I drive a 20 -year -old vehicle. I've done for the last 20 years, believe it or not. And it meant I could actually take those teachings of using income -producing assets to pay for a luxury. And that's exactly what I did.

 

Christian Rodwell (25:02.638)

I always wanted to create something of my own, but I just wasn't sure on what it is. And all it took was you asking me one question, which was, what does everyone say to you? What's the one thing people come to you on? And it was then suddenly really, really obvious and clear. And I didn't know why I hadn't thought of it before, but everything happens for a reason. Obviously the time was right then for me to really think about building my IP, which is around that productivity side of things and managing lots of

 

roles and commitments and hats and whatever you want to call it. That's in progress still. It has been a longer journey than I expected as most things are. But as I say, I'm now on a strong trajectory to launch in September. So that's very exciting. Most businesses, and I remember doing a presentation on this Chris, at the Bizex Forum, speaking to 2000 business owners and less than 1%, Chris, you know, we talk about

 

5 % of people become financially independent, 95 % don't. 99 % of businesses do not sell for more than a million. In other words, if a million quid is a benchmark for a reasonable business and you put a million in the bank when you sell it, most businesses don't sell at all. And those who do sell don't sell for anywhere near that. So consequently, wealth has got to be built for the most part outside of the business first, inside of the business second.

 

Christian Rodwell (26:32.846)

And I have now since moved across my pensions and my corporate pensions into a SaaS and that's allowed me to really progress in the property pillar. And we've gone past our financial security figure and pretty close to our financial independence, which is a real game changer. I've got two young children. It's allowed me to spend so much more time with them. Not having a boss is fantastic. And choosing how you want to live your life and on what terms is incredible. And knowing that you're doing that with the support of the team at Wealthbuilders and the community around you as well has been

 

Yeah, outstanding. And I'd have done this for 10 times the price, to be quite honest. What I love about this team is that they're not constantly peddling the next course or any courses, in fact. They're just here to try and get the message out, which has a real convergence for me around the ethics that I hold true and values. Yeah, I've kept going with that wheel turn actually, Chris, just rinse and repeat model. You know, it worked the first time.

 

was quite stressful, but the more often you turn that wheel, you're more familiar you become with the process. So since I've started, I've turned that wheel seven times now. There's a big difference between the first time and the seventh time. Just really feel like you know what you're doing now and comparing to that very first investment, I wouldn't say I could do it with my eyes closed, but it's certainly a lot easier now. So that model, it works. There's no reason to not continue.

 

repeating and keep turning those wheels and keep generating that recurring income. Great. So that's now pushed you significantly closer to your security figure, I imagine. It has. Yeah. So it's well within reach now. The aim for 2022 is to surpass that level. Just keep doing what I'm doing. I know I'm going to get there. So really quite amazing.

 

Christian Rodwell (28:16.398)

And now I've got five investments with other projects out there. I've got two businesses that have bought and sold property or are buying and developing property. I've got some other ideas with regard to kind of more locally started to generate a recurring income from the money that I've got in my house. Then, you know, it's just chalk and cheese in terms of how I've got there. And I wouldn't have been able to do that without Kevin's involvement because I know I would have gone down rabbit holes and I'd have wasted money and time.

 

that would have taken a lot longer to kind of get going. So step eight is results. So let's look at what that actually means in terms of your wealth levels now. So you said at joining, we're at insecurity with zero recurring income. What does that look like now for you, Paul? Two and a half thousand pounds recurring every month and then also the profit that I'm making from the development company as well. So the first deal we did there was earlier this year and we bought and sold and flipped effectively in

 

nine weeks and that was a £35 ,000 lump sum effectively that I made out of that transaction so that was great. And then the project they're working on at the moment which is a two -bedroom bungalow to a five -bedroom house, that won't mature until kind of spring next year but that will be in the region of £100 ,000 return for me. So that's, you know, those kind of numbers and that return is something I could have only dreamed about 18 months ago.

 

When you finished the podcast, do me a favor, go get your pension statement, have a little look. The same with the mortgage statement. What I love are the two things I love about statements. The realization about what they're telling you comes right at the end when you get too bored to get that far, because both of them are shocking messages. On the mortgage statement, it says, you know, your interest rate is this and the property name is that and blah, blah, blah. And the monthly cost is this. And then right at the end, it says,

 

this mortgage will cost you a total of X. So you borrow 200 ,000 and it'll say the total cost of this mortgage is 632 ,433 and you go, what? Because if you knew you were going to spend that much, you might pay attention to reducing that, which is really the subject of my first book, Save a Fortune. So every now and again, probably every five years, Chris, I get on a very, very large soapbox.

 

Christian Rodwell (30:43.31)

and shout and scream about it. That's the debt one. The pension one I'm going to shout and scream again is have a look at something called the SMPI, Chris. There's a new one. It's not a sexy one. Statutory money purchase illustration. It's like a little summary at the end and it says, based on what we think this will return as an average, based on inflation, which will under be significantly understating inflation, by the way.

 

We think your pension will be worth this in real terms. And that is what shocked the hell out of James. When you realize your pension is not gonna make you wealthy, there's no pension can make you wealthy unless you've got a fantastic final salary pension and you earned a fortune. And for most people, those are long, long, long gone. So the only thing you can do with pensions and just I implore you, please, if you're listening.

 

Get your statement out, have a look, because most people are going to get a terrible, terrible return.

 

Christian Rodwell (31:46.638)

I've got my kind of ongoing kind of wealth building coach with Carol Robinson, who's been fantastic in terms of keeping me on the straight and narrow. Being a fantastic support in terms of giving me the reassurance that I'm actually doing the right things and just kind of guiding me and prodding me now and again to say, why don't we try this and try that just to further enhance, you know, free more time up for yourself. So that's been great. And I can't not mention Brian Harvey, Brian Harvey on the SAS.

 

I was part of the SAS program as well. So he kicked the whole process off, helped me get the approval going. And then up until very recently, he's still been there, kind of giving me the fruits of his knowledge and the guidance that's been equally as valuable as the time I've spent with Carol in the SAS footboards. So, fantastic coaches. We were okay. We had the finance day in place, but we didn't have a structure. And I think with wealth builders, it gives you that structure really.

 

one of the nine steps that we needed to do. Everything's there. We've got the peer in the group as well, which can help us whenever you want anything you can ask a question. I think everybody worries about future planning and all the thinking or they don't want to think about what's ahead. It's daunting, it's scary, but this gives you an opportunity to kind of do it. And it's simplified. Yeah, it's step by step. It's step by step. It's simplified. They hold your hand along the whole process. And before you know your future,

 

is kind of done and you know this and it wasn't as difficult or as daunting as you thought it would be and also it is the legacy that you leave for your children that was really important to us because also no one wants to think that we're not going to be here anymore but it just made it so much simpler for us. Definitely don't hold back I think if you can do it, jump on the course and jump on the academy really because the support is amazing whenever we do that.

 

Toby's our coach at the moment. He's been amazing. He's always coming up with good ideas. We're looking at a project together now at the moment and he's just managed. I've just looked at it as a normal flip sort of project, but he's come out with all sorts of ideas and stuff. And then he just starts saying, that's a good idea, Toby. Yeah. So that was really good. I jumped on Manish's course as well. I did that for just to sort of stocks and shares out. And that was a really good course. Jumped on that with him as well. So that was something that I'm just excited for. Yeah. You can ask anything.

 

Christian Rodwell (34:08.11)

And the webinars are really important to me as well. There was a webinar yesterday that I unfortunately missed, but that was about the wealth dynamics as well. But you can get them all recorded. You jump on when you get time. So they're really, really useful. John Dale, who does the property field, the property is an expert in that. And you can jump on a call with him as well. So there's plenty of stuff to do and plenty of help available.

 

Christian Rodwell (34:32.494)

We just love working with, as we call them, partners, people who provide an outstanding level of service or experts in their niche. And niche is really important. But people who are outstanding in their niche and who deliver a first rate service. And that's really what we want. And because we've got all those in play, then that saves an awful lot of time because what you can't do with wealth, you can't Google your way to wealth. There's no manual for it. There's a roadmap, but somebody's got to be acting as a guide.

 

And I think what he got surprised at, which is where the skeptic notsini came in, is the fact that the community is there. The community are not for themselves. The community are for sharing. I think, Chris, it's a long time ago since I mentioned that wealth building and transitioning from insecurity to security and security to independence is like crossing over a bridge. And you remember that analogy, and we use it a lot, don't we? That when you cross the bridge,

 

You know people have crossed it and they're there extending their hand behind you to offer you help. Like we want you to do is when you move forward, you extend your hand behind you to help somebody else. And that's what happens and it genuinely happens. And it isn't people saying, I'll help you, but you got to pay me this or do that. It's they help you because they're in a community and there's no stronger reason to engage, certainly with wealth builders and the power.

 

of a wall community.

 

You're still at beta stage really, just launched with the business, but you've now got paying clients and recurring income coming in, Steve. That's right. Like you say, it's still early days, but I do have five clients and that's putting money onto the thermometer and that's recurring every month. So it's sort of a proof of concept that this works. I just need to ramp it up now. I'm happy with the business model, happy with the product. The customers are happy. Now it's just a matter of helping more people raise their profile online by using this system.

 

Christian Rodwell (36:33.39)

Yeah. And how confident do you feel Steve that obviously now you're on the right track that you will hit your security level in the coming months or year? Yeah. All the pieces are there. So, you know, the fact that I've got five paying customers who are all happy is the proof of concept. You know, it's working for them. There's no reason why that can't be 500 customers with the way that I've built it. It's a platform rather than a service that needs people to spend lots and lots of time on. So it's something that, you know,

 

can get going really quickly for people and once they're up and running it all looks after itself. So yeah, so excited to see that building.

 

Christian Rodwell (37:13.294)

One of the things I was holding about was fear of getting it wrong. And just as a background, I came from, we had quite a sort of a poor background to begin with. I'm in a place now where I would never have predicted, you know, in my twenties where I'd be now. So you built this lifestyle, I built this lifestyle and the last thing you wanted to do is come crashing down. So for me, it was definitely the fear of getting it wrong. That was one thing. Secondly, I think in terms of my...

 

understanding I wanted or I felt I needed to understand everything before doing anything and really I'm somebody that learns by doing and I know that so I should have realised that early on.

 

Just being able to connect with other trustees and administrators through that process has been really, really great. The other thing I've really enjoyed about the connections is that everybody's in that kind of same boat. Everybody's trying to do similar things. There's always going to be somebody a little bit further ahead than somebody else, but the learnings and knowledge that we've had as a result of those connections, you know, JP is a great example. You know, he's always kind of spurring me along and telling me to keep going and...

 

given me that support that I've needed really as I've got going over the last couple of months. So, fantastic.

 

Christian Rodwell (38:32.238)

Three years from now is like looking back three years. Wow, you could be financially independent within three years or financially secure at least anyway, most people. In other words, all your bills paid for from the proceeds of recurring income that you've generated from assets and a short time after that, hopefully, to be independent for the rest of your life. And that's an interesting challenge for people who think, I don't think I could do that. Well, can you just do one thing next month and reach out?

 

And then can you do what we ask you to do the following month and just do it and just tick the box? Then most people can achieve it. And yet so few actually do statistically, it's still 95 % of the population don't make it. And we're helping people hundreds at a time, but statistically we're not going to do anything for the whole of the economy. And we'd just love that to accelerate if we can. So if you'd like to have a chat, get in touch, head to wealthbuilders .co .uk.

 

forward slash discovery call, you can book a call in with our team and we'd be more than happy to understand what it is that you're trying to achieve and see if we can help you get there a little bit quicker. What do you see as being key in helping you continue to stay focused and to take the necessary steps to reach your own financial goals, Dani? I think it's just staying focused on the end goal. And I think as I said at the beginning, enjoying the process, I feel the level of desperation.

 

has gone and I feel everyone that you get overexcited at first when you start something new, don't you? And you have these huge visions of things happening much quicker than they're actually going to happen. And you can decide to hate your day job and resent it and actually you've got to enjoy the journey. It's going to take a while. You've got to trust the process. I completely trust that I will be able to achieve what I want to achieve.

 

Christian Rodwell (40:30.926)

Obviously there's a little way to go. This is not an overnight process. This is a journey that for most people to move from insecurity to financial independence, you know, will take anywhere between sort of three to seven years. So in terms of getting you third or forwards either, what do you see as being really important? What do you see as, you know, the, the aspects that will help you to keep accelerating and building upon everything you've done already? The key there, I think what we've got within the group is the community. I think that the community is really

 

It's really powerful to be able to see the results of other people. Everyone's on a different stage of wealth building. And what I love about the programme is, it doesn't matter what stage you're at, everyone's there to help you out. And I think the more you use the communities to them, you're going to get out of the programme and accelerate your wealth building journey as well.

 

So by repeating the process of choosing your pillar, then your strategy and working out what your points of leverage are, then you will move towards a place of financial independence. And for most people, that journey from insecurity to financial independence takes about five years, as we mentioned. So what do you see as being key to helping you continue to stay focused and take the necessary steps to reach that financial goal? Yeah, I think the key will be make sure we still do our monthly.

 

wealth coaching calls. So I think the coaching calls are so important just to keep us focused still and hold us accountable, keep us on track. And also recently we had one with Chris and he's like, I think you should do a 90 day plan for a project we're going to be working on. I was like, that's a great idea. So I think again, having a big visual 90 day plan to get us to the next stage of what we're trying to work on.

 

Christian Rodwell (42:14.51)

I think we'd have always got where I was gonna get to on the property side, potentially, without wealth builders. But I'd say I wouldn't be where I am today. And I'd still probably be working towards my security level three years later. I'd have taken my eye off the ball, done something else, then come back to it. And then that worked really well. So I'd have gone off and done something else for some strange reason, and then come back to it. So I just think the clear focus and being able to rinse and repeat everything.

 

just means you stay on track and you get to where you want to be a lot quicker. And I think we say five years within wealth builders to achieve your goal. I think if you stick to the plan and you do everything you're supposed to going to do, it's more than achievable. And I think with a little bit more focus, you can probably do it in less than five years, but not everyone's got the luxury of time. Again, leverage, if you can leverage your time and go through all the steps, you could get to where you need to be hell of a lot quicker and enjoy life then instead of working.

 

Christian Rodwell (43:08.59)

We hope you enjoy today's episode. Don't forget that we are constantly updating our resources inside the WealthBuilders membership site to help you create, build and protect your wealth. Head over to wealthbuilders .co .uk slash membership right now for free access. That's wealthbuilders .co .uk slash membership.