In today's episode we talk to one of our foundation members, Adrian Taylor, and Adrian shares with us how he worked hard on his roadmap to increase their income in just 12 months. Tune in to find out how you can as well.
It’s this time of the month when we invite another member of our programme to share their story of achieving financial independence. This month, our member spotlight guest is Adrian Taylor. Adrian joined as a foundation member back in 2019, has worked hard since and followed our roadmap. Tune in to this week’s episode to learn more about our process and how you can also increase your recurring income in just 12 months.
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Unknown Speaker 0:01
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.
Christian Rodwell 0:19
Welcome to Episode 109 of wealth talk. My name is Christian Rodwell, the membership director of wealth builders and I'm joined today by our founder, Mr. Kevin Whalen. Hi, Kevin. Hi, Chris. Good to be with you again. And an interesting case study today. Yes, it's time for our member spotlight. Once again, we we always shine spotlight on a member who's had some great results of last 30 days. And today, that member is Adrian Taylor. So agents have found a member will look forward to hearing his journey very, very shortly. Before we do that, Kevin, we're just a day away from our academy launch webinar, which is tomorrow night.
Unknown Speaker 0:55
Yeah, looking forward to that looking forward to you know, sharing not just our insights, but some of our members sharing, you know, what they've gained. So it isn't what we say. In fact, what's really interesting from Adrian story is he also says how non, how non salesy, this whole process is with us, and we're very passionate about that on request, we want to give people best opportunity to, to create financial independence for themselves without sales tactics without, you know, some form of constant upselling. And I'm very proud of what we've done. And, and thank you, Chris, so much for all the sterling hard work and effort you've done behind the scenes to update, you know, the the back office to update the membership area, and to do so much work, which is unsung, and I just want to give you my personal thanks. Well, thank
Christian Rodwell 1:49
you, I do appreciate that it's been really, really good actually over the last month or so going back through the members area, and obviously reshaping it to align with our nine step recurring revenue roadmap. And we've recorded lots of new content as well, Kevin, and yeah, I'm proud as well. And I look at that, I feel like we really have got everything that someone needs to be able to really understand the process for building wealth and becoming financially independent. And, of course, that's exactly what Adrian has achieved. So we'll be walking through the roadmap in the interview today. And of course, in tomorrow's webinar, we will be showing you the roadmap on on the screen, so you can actually see this come to life. So if you're not already registered, and you'd like to join us for that, head on over to wealth builders.co.uk forward slash Academy launch. Hmm, yeah, looking forward to that very much. All right. So should we head on over now and have listened to our spotlight on the members this month? Adrian Taylor. Adrian, welcome to off talk today, Chris, good to have you on. And we actually had our end of month q&a with our members last night, and you shared what you're going to be sharing with us today. And it was so good to see all of the positive comments and feedback, everyone congratulating you on your journey so far. So today, we're going to be walking through the recurring revenue roadmap. So the nine step process that obviously, we teach our members to move from a place of insecurity through to security and then on to independence. So are you ready? Yes, yes. Let's follow the question. All right, so let's start off. Let's start from the beginning, then Adrian. So can you remember when you join wealth builders.
Unknown Speaker 3:30
So I joined in in my 2009, that's 2019. Sorry. So I right at the beginning of the foundation member, at the start of the
Christian Rodwell 3:43
year, where you are indeed, and the program has definitely evolved in that time. And we didn't have the roadmap when we began, but obviously, the kind of fundamentals were still there. So now we've got obviously a much more structured process. But let's start with step one in that process. And we know this is stage one, which is all about building confidence at the beginning. And step one is all about mindset aging. And so let's start with why so why was it important for you to build wealth,
Unknown Speaker 4:11
um, I, I've reached the point really where I was doing the day job and doing well in the day job, but I realized I didn't want to still be there, sort of 2030 years later, still in the same position, which is where I would have been if I just carried on, as I was, so I realized there was a there was a need to do something different. I wasn't sure exactly what it was at the time. But I knew I needed to do something to sort of get out of the just being stopped going to work spending your monthly salary each month from having nothing to show for it in the long term. Really.
Christian Rodwell 4:53
Yeah. And what was it about wealth builders that attracted you?
Unknown Speaker 4:58
It was the the no nine onsens no selling sort of approach that wealth builders take. I've been tending I've been in quite heavily involved with a number of property training companies. In the couple of years before I joined wealth builders, and they all sell everything you go to they sell you somebody else are they and wealth builders isn't like that. It's it's advice. And if you if you need, if you need training, if you need something that you're gonna have to pay for, they'll point you in the right direction of where to go, which might be from moving wealth builders, or it might be more from outside.
Christian Rodwell 5:36
Yeah, great. So so we got going, we got clear on your why. And the next step then is step two, which is the foundation step, which is really about getting crystal clear on how much asset income you're generating, currently, and how much you require in order to reach the next wealth level. So which of the five levels of wealth were you out when you joined ag? And where are you now?
Unknown Speaker 5:59
Um, so I was I was at insecurity when I when I joined. I said, Oh, just earning more money and spending each month and not really keeping any. But I've now just reached financial independence is a good milestone to reach.
Christian Rodwell 6:19
It certainly is. It's incredible. And maybe we'll touch on later, exactly how long that his journey has been. Obviously, it's only been a couple of years since he joined wealth builders, but, you know, perhaps already had a little bit of momentum building before that point. But I mean, congratulations, that is remarkable. And then the other part of step two, the foundation is is the debits process. You know, we we kind of urge all of our members to go through look at their their outgoings and see if there's any savings that can be made. Can you can you remember if if you managed to find any uncover any hidden money.
Unknown Speaker 6:54
I do recall when I when I very first did it with after dueling wealth builders, I found that to the parents, I think, which was sort of from changing energy bills, phone providers and things a little bit from each each one sort of thing. That is it did, it did add up to a worthwhile amount of money. And I now have a note on my wealth chart every February to redo it. Because things things slowly slip, and you don't realize that you've you've ended up on an expensive tariff or from one and then you could go change it to to a cheaper one. So it was definitely a good thing to be doing on a regular basis.
Christian Rodwell 7:41
Yeah. And the key then is when you find those savings agent is to reinvest them in some wealth building activities. So So where would that be for you?
Unknown Speaker 7:50
Well, for myself, has always been in property. So the property investments that I've been putting putting the money back into that have been farming.
Christian Rodwell 8:02
Okay, great. So moving on to Step three final step of the of stage one here, which is the roof. So were you able to review each aspect of the roof, Adrian, and just make sure that you have the necessary protection in place.
Unknown Speaker 8:17
I was, I was a little bit slow on some of it really. It took me until March last year to do my will and my power of attorneys is so yeah, I was quite sluggish on those and they're not. They're not glamorous things to do. And it was always something that I couldn't find something more exciting to do up until that point, but I did get it done eventually.
Christian Rodwell 8:41
You did and probably because you kept you kept hearing us keep keep going on about it right. And we make sure that everyone's you know, got that roof in place. And even if it does take a bit of time as it did review. Adrian, at least you've got it now. Right? Yeah, it's now it's now in place or it's Yeah. Yeah, well, it's gonna say does that give you a bit of peace of mind now knowing that you've got that safety? Yes. Yeah, definitely. Good. Okay, moving into stage two now. So stage two is all about building knowledge. And we begin with step four, which is assets. So of course the seven different assets that we refer to as pillars, which you can build your wealth in agent, which Did you already have some experience with when you first joined? And have you been able to utilize any other pillars since
Unknown Speaker 9:29
so the property pillar is the one that I I'd already started on when I joined wealth builders. And I'd also got the pension pillar, active as well over time. And since then, I've also added some, some are under the investment pillar, I've I've started doing some investments outside of the property pillar. so
Christian Rodwell 9:58
brilliant, brilliant three three pillars in play, they're good. Step five is leverage. So leverage is the key to building wealth. And it isn't necessarily always financial leverage. But there's intellectual leverage those relationship leverage systems and of course time. So can you provide us with any examples Adrian of how you've brought leverage into play to help you build your wealth.
Unknown Speaker 10:23
Um, the biggest area I've brought leverage into play is time. It's all through this process. Up until now, I've been working a day job. And that means my spare time isn't, isn't that plentiful. But I've, I've been working on the property side of things with my dad all the way through this, he'd been in the property beforehand. And that allowed him to, to get out of doing, doing a full time work early and that he is now a retirement age, but he still he still enjoys working with property. And he's been a great joint venture partner sort of doing things along with me when doing building your property portfolio. So
Christian Rodwell 11:16
there you go. Well, there's there's another pillar bringing into play there, right, the joint venture with your dad and relationship leverage. So yeah, it all comes together. And good. Next step is strategy. So we know that your pillars were property, and the pension pillar. So what were the main strategies then with each of within each of those pillars?
Unknown Speaker 11:40
So serviced accommodation was sort of the the main one I started off with, and it probably still is the main main focus within within the property pillar for me. So I started the serviced accommodation journey early 2017. And the business really got off the ground in the middle of 2017. Really, when we do we took on our first first property to run in the serviced accommodation business.
Christian Rodwell 12:15
So so so that requires management of service accommodation. Right. So any systems in play there to help you manage those bookings?
Unknown Speaker 12:25
Yes, so it's, it's quite a systemized business. So we use a program called Tokyo, which is a booking management system. So that manages the bookings coming in, manages the calendar, and it provides an invoicing system. So that can talk to booking.com. It can talk with speeder where b&b and various other platforms and manage see the bookings coming in through those. It was allow us to take direct bookings.
Christian Rodwell 12:56
Yeah. And that helped that I guess that minimizes the amount of time, obviously, because those systems are working hard for you. And then what about the management of the properties? How have you dealt with that?
Unknown Speaker 13:08
So the management is largely taken care of by our, our housekeeping staff. So contract cleaners, we work with two cleaning companies what to areas where we've got a say so to two separate cleaning companies one in each area, but they they really the the ones that look after the property on a on a day to day basis in between guests. Like they'll go into a door for clean change on the linen, manage, clean, getting the linen washed, and so forth. And they report any, any issues that they found so that we have a checklist to go through to make sure that the workplace is ready for the next guests arriving. So I just get a message that you get told when when the guests are arriving, when they're leaving, and and they go in and do the cleans in between. So it's it's sometimes it's quite nice when you realize a guest has come inside and pay then you haven't even done anything.
Christian Rodwell 14:15
I bet and how have you fared obviously service accommodation in some areas took a hit during COVID? And you know, what's been your tenant type and how have you found the business? Um,
Unknown Speaker 14:26
we've not been too bad or that really because sure we set up the business right from the beginning to aim at business travelers and contractors and so forth. So the properties we've chosen aren't in tourist areas. They're not not really aimed at tours. So all down, all through various lock downs, we were able to carry on taking bookings. The number of guests dipped obviously, there were less people traveling for business. People weren't weren't traveling where they They didn't need to, but there was still a fair number of people who have to travel for business considering a job, that means that they have to be on site somewhere. So we stop. Okay. Okay, he's coming in all the way through the COVID. Period. Do right. But we were, we were also able to claim government grants in some way to all businesses have been able to. So overall, we've we probably fared quite well out of that and made more more profit than we would have done in a standard view, I think.
Christian Rodwell 15:39
Yeah, that's good. And obviously now, you know, I guess the bookings are flourishing even more, because people are, you know, desperate to get out and start moving around again.
Unknown Speaker 15:47
Yes, so yeah, there's, there's a shortage of accommodation everywhere. So we've got bookings from all sorts of people coming in at the moment. Yeah, as soon as only anyways, available in some more, some more book it for one reason or another at the moment.
Christian Rodwell 16:04
And now the other interesting thing, when we talk about wealth building aging is obviously ownership of assets, but you can also control assets. So some of those service accommodation properties, and tell us a bit more about you know, how you've how you've gone about acquiring those properties.
Unknown Speaker 16:20
So they all within that service accommodation business. So they're all rent rent properties, they're not, they're not owned by that business. They're rented in the mind from private landlords with previously been renting out to standard tenants on a bottle that basis. But they were realized that we were a good tenant to have in there, we give them much longer occupants occupancy, then then a normal tenant would when they be leaving every every few years, and the landlord did find another tenant so. So it's not many landlords, we've got most of the properties are owned by a small group with landlords. And that keeps keep the devices to a minimum, it makes it easier, easier to manage everything from from both sides. But it's, it allows us to not have to buy the property to start the start renting it out. Because the serviced accommodation is a much higher yield Business Standard by terlet, then we're able to make a profit on that and still pay the landlord a good rent for property. And obviously, we maintain it for them as well. So there's an extra benefit there for the landlord.
Christian Rodwell 17:51
brilliant, brilliant, and then then moving on to the pension pillar, then so what's been your strategy there to to help you build your wealth.
Unknown Speaker 17:59
So I'd set up a SAS just before I joined wealth builders, so I come across the concept of SAS sort of connected with over property training I've done previously and empowered pension was the the company I selected to set up my SAS. So have you then through the link with between empowered and wealth builders, it's when I came across wealth builders, so my, my SAS runs sort of quietly in the background, I've lent money out of the SAS to the limited company we've never set up to buy property. So that's the the sasses enabled purchase of a property within that. And then other investments within the in the pension are being set up ready to bring more money into that.
Christian Rodwell 18:54
Brilliant, good, good to see the pillars working together. So let's move on into stage three then Adrian. So we've built our confidence stage one, we've built our knowledge stage two, stage three is building assets. So it's obviously taking those strategies is turning the wheel of wealth. And that means education support connections, due diligence and then taking guided action. And this is where our wealth coaches are there each month to to help our members stay laser focused and turn the wheel. So what benefits have you gained from your coach? Since joining Adrian,
Unknown Speaker 19:29
um, well Bronwyn is my coach and she's been a great guiding hand really through through everything. That one specific thing that sort of sticks out, she she helped me with February this year, I was quite sort of quite a low point nothing, nothing seemed to be happening as it as it should have been. I was I was trying to refinance a property that that was just taking forever. Which is sort of just a side effect of the lockdown and everything else that's that's slowing down things at the moment it and that was getting me down to just the the monthly call with Bronwyn she she sort of picked me up set me back on track really there. Yeah, after that I've been able to move on as, as I should have been. And I think without that, that one particular coaching call that multiple things would have been completely different. And that's it, it's, it's that sort of thing that you need. Not necessarily every month, some months, everything is going well. And it's just a nice pleasant chat on the coaching call. But other months, you really need help with something. And that help is really just pointing out what you what you already know, that you need. You need somebody to do that. So
Christian Rodwell 21:00
yeah, I think that's quite important point you mentioned there, you know, some months, you know, everything's just ticking along nicely, you know, there's nothing really that they need specific help with. But the key is still to booking that call, because it helps build that relationship that you know, your coach wants to hear that things are going well you know that that's good, it means the plan is working. And there's always going to be hiccups along the way, right. So one month, everything seems brilliant, the next month, it's like all hell breaking loose. So the key is consistency, and checking in with your coach every 30 days, just updating them. And, you know, that was really good to hear obviously, Bronwyn, who's got so much experience, you know, she understands the process. So yeah, you know, very pleased to hear that. And so, let's look at step eight, which is all about the results. Adrian, so you, you mentioned when you joined you were at financial insecurity, and you've just recently hit financial independence. So tell us what's kind of tipped you over
Unknown Speaker 22:02
the edge. So the one thing that's tipped me over the edges is that property that was I was struggling to get refinanced. So that on its own has added another 500 pounds a month to the to the wealth thermometer. And that was a it's a it's a mixed use commercial property it's sharpened up and that we bought under auction conditions in November last year with with a bridging loan and the sort of thing saying there was there was refinancing going through through the solicitors and the mortgage brokers there was various hiccups along the way but that in April all got to got finalized. So at that point consider that I could I could then count the the income coming in from from that property typically from the from the shop downstairs or from the flat upstairs. Together they bring in around 500 pound extra a month which is such a tip that that wealth thermometer into independence.
Christian Rodwell 23:21
So how did that feel getting the red pen out? And you know filling in that form ometer and seeing you hit that that really significant number? How did that make you feel?
Unknown Speaker 23:30
Yeah, so it's a great feeling to to hit that number and then sort of Passover milestone normally the way Yes.
Christian Rodwell 23:40
Yeah. And and that triggered another thought in your mind, didn't it with regards to how you spend your time every day? So tell us a little bit about the decision that you might hit?
Unknown Speaker 23:49
Yeah, so off off the back of that I'm going to go back to my my original why as well as the the day job has now become it's it's surplus requirements that he could probably say so I'm not leaving it immediately but I've I've set a date to to get out of that in October so decided the October is my escape the rat race date. And I'm going to I'm going to hand in my notice and leave the
Christian Rodwell 24:20
day job kind of psyche boss.
Unknown Speaker 24:23
Yes
Christian Rodwell 24:26
That's good. Now what are you going to do with all that free time Adrian Are you got to focus on wealth building you got to chill out or you've got some other plans.
Unknown Speaker 24:35
So there's there's also going to be a bit more focus on wealth building this this thing that I can do with the SI business that I haven't had time to do previously, so it's going to be some some extra effort in that. But the the big thing I want to do that I'm going to do is I'm going to do more classic car maintenance is always been a hobby of mine. And I've always felt it could be a business but not really Learn how to create into a business that can generate sufficient income. So, I've, I've got the freedom now to, to do that,
Unknown Speaker 25:13
as a
Unknown Speaker 25:15
sort of part time business, it doesn't need to generate a full time income anymore. And I can, I can enjoy helping people out with their, with their classic cars.
Christian Rodwell 25:25
Yeah, do more of what you love. That's brilliant. So the final step in the process, then is accelerate. And this is really all about turning multiple pillars. So repeating the process of choosing your pillar, choosing your strategy, finding your points of leverage, and turning multiple wheels will obviously get to a place of financial independence. So now for you, Adrian, the target is financial abundance. And for most people, the journey from financial insecurity to financial independence will take on average, five years. So tell us about that journey agent. Obviously, you've been with wealth builders for two years, but we were chatting earlier. And and you kind of were thinking back to when you started. Yeah, so my, my journey really started in in in 2017, which is when I started looking at the essay, business. So it was it was January 2017, when I did the first training on serviced accommodation. And the business was building up in 2017, we took on our first property, our first rent to rent around the middle of 2017. I'm not quite sure if it was June or July, one or the other. And so that's Yeah, it's taken me Give or take a bit five years to build up to financial independence. So yeah. Yeah, almost almost five years, isn't it to the month? Good. And what do you see now as being key to helping you continue to stay focused and take the necessary steps to, you know, to push on from here?
Unknown Speaker 27:11
Or is it still, I still need support? No, nobody can do this without without support and guidance. And I think the I think the support from wealth builders carries on being completely irrelevant. Ongoing really from from from now, the the guidance of a wealth wealth coach is still similar important thing to have, and the way that wealth builders break things down. Using the wheel of wealth and into sections have been adding service strategies and further pillars alongside the essay as things have gone along. And it's, it's, it's that guidance of splitting things up into small chunks. That allowed me to do that. And I'll continue to add in the same way with the guidance of wealth builders, really
Christian Rodwell 28:13
brilliant. Yep. And never left 30 days go by without taking some action to build your wealth. And you've you've been doing that consistently Adrian and that's got you to where you are today. So once again, congratulations, and thanks for being a great member of wealth builders. always appreciate your sharing.
Unknown Speaker 28:32
Thank you for asking me honest, it's, it's been great to talk about my story.
Christian Rodwell 28:37
Okay, so we will go through and dissect some of the points that were made there by agent but before we do that, let's head on over to trustpilot and pull out one of our latest reviews and there's one here from Nigel. Nigel says deciding on choosing a SAS pension as an option shouldn't be taken lightly. And wealth builders have provided incredible support and guidance during the process before and during my application playing a huge part in the success of my SAS being approved by HMRC. The ongoing training and support has been incredibly helpful and couldn't recommend wealth builders enough. They also provide a strong network of like minded people that has huge value thanks to the team.
Unknown Speaker 29:21
Very good, very good. So a combination of things and there is no really one of the powers we we often hear this replayed of sass, turning your old pensions into in a sort of an arrowhead to shape the future and in a way Adrian did that didn't Icarus he used the SAS once you've got it set up to acquire assets by using the lung back facility. So in other words, you took pension money and turn that money into money that he could use for property whereas before that his pension would have been kind of consigned to when he was older and would have no possibility of helping them become financially independent, within a short timeframe. Because, you know, if you want to be financially independent, and you're 40, and you can't touch your pension to your 55, normally, well, you got to wait 15 years. Whereas, you know, you can make this make real contribution within within a few short months, which is what we did with Adrian, and what we did with Nigel and what we do for so many. And the other point I think Nigel makes very nicely to is the community of like minded people. And I think I want to really emphasize that point, because wealth is not best done, and achieved in a DIY fashion. It's best done with community and as Robert Kiyosaki will often say, and obviously, we know the seminal book Rich Dad, Poor Dad is, you know, wealthy people, successful people, build networks and seek out networks and, and those who are not seek out work. And what we can hear from Adrian is he sought out and he was actively seeking, wasn't he different networks and different places to learn, and he took some learning from some places and felt a bit sold to in many cases, but nonetheless, got some good education. And, you know, is put that education to work. And I'm proud of what Adrian's done in a relatively short space of time and five years, pretty much from start to finish, which is what most people seem to do, Chris?
Christian Rodwell 31:30
Yeah, indeed. And, you know, just touching on that point you made there. And stage one of the roadmap is all about building confidence. But it's not just building confidence in yourself in the process, but I guess building confidence in a relationship with us to know that we are a trusted guide, and we are there to support and help people every step of the way.
Unknown Speaker 31:49
For I think anybody just needs to look at trustpilot to see that. I mean, it's there in abundance, isn't it, Chris, what people say about us, and it's not for us to blow our own trumpet. And if people are in the orchestra behind us, to to to turn away. And we're happy with that, because we think you know, that community spirit is great, but let's learn to play, of course, the hard work, Adrian has put in on his own. And I want to make a key point that, you know, a large part of what Adrian has done, you know, he's an understated gentleman, isn't he? You know, he's not a driver. He's not a charismatic characters going to light up a room and light of the stage is a very soft spoken gentleman. And, and I think what he's done by using the rent to rent strategy, he's got off his rear end, and has worked hard, because in order to get rent to rent, the key thing to understand here is you're building wealth without actually owning the asset. So a lot of people think, don't they, Chris, that, Oh, I can't possibly build wealth, I don't have enough money. Well, it's not money that counts. It's effort and focus, and being an entrepreneur and solving the problem of other people. So what was that problem that he was solving? Well, renter rent basically says, you find or you look for, let's say crusty, old properties, and crusty old people who are tired and fed up with being a traditional landlord, no disrespect, intended, it's just a joke. But nonetheless, you find those landlords who really don't want that uncertainty, maybe COVID has had a problem for them, maybe, you know, the, they just don't enjoy the tenant relationship anymore. And you become their tenant. And you say to them, Hey, I understand your problem. I understand you don't want to deal with tenants, you just gonna deal with me? I'm going to take this property off your hands for you maybe as long as five years, and I'll give you a guaranteed rent. Wow. I mean, how does that sound if your landlord, that sounds great, then with their permission, he turns that property which would traditionally been used for a single lead to a single household, a single family. And with a little bit of money, not a lot. turns that money just alters the accommodation slightly, and makes it available to a tenant type that I think he was really, really rather smart to identify, which is the blue collar 10. You know, the what, what do you think he calls the sort of traveling worker, the contractor, people on sites, people doing work, but they don't want to stay in a hotel. You know, they want to stay in a place where they can watch TV, they can cook their own food, they can have people around, they can have a beer or whatever, and not cost them the earth. And men enjoy the experience and why not it's like a home from home really. So I think he's done an outstanding job. And of course, he recognized that owning assets is much better than control. Owning assets because once you own them, you own them permanently, which is a word that we need to constantly emphasize about recurring revenue needs to be permanent, needs to be predictable. And I think he said that's when he, he realized when it became permanent when it became predictable, he started recording it on his recurring revenue map, which in our case on the wall chakras is our thermometer, isn't it? And I think you heard him say, or you said to him, did you enjoy coloring in the line as your thermometer was on the rise?
Christian Rodwell 35:32
That was quite interesting. Absolutely. Yeah. And of course, as we often say, you can't get wealthy without bringing leverage into play. And with that strategy, he did very much bring leverage into play. And then also by leveraging the systems to manage the bookings, and leveraging people. And he talks about obviously, having his team of people who just kind of go in, make sure the place is looking good, everything is cleaned and fresh. And he doesn't really have to get too hands on with that.
Unknown Speaker 36:00
Yeah, I remember him saying, you know, a little smile to himself, didn't he, when he didn't actually do anything, and people were coming and people were starting their tenancy finishing the tenancy, new people coming and starting a tenancy. And his bank balance was on the rise. And he was sitting there thinking, hang on a minute, I'm not doing anything here. Really quite interesting. But he had done something hadn't he put in the hard work, put in the systems. And, and now he's going from strength to strength in. And this is the point, you know, once you get to a place of independence, it's a matter of automation, really, to carry on forward to abundance, it doesn't stop. So it's not like you get a journey to independence. Because if you reach independence, you will automatically move forward to abundance because it's a natural progression. If you're not spending all the money, and fortunately, he was in a position to choose when he wants to stop working. Wow, what a feeling, you know, October, that's the Dave, you know, whatever, whatever that was, or who knows, but something in his mind said, you know, in October, I'm just going to go right, that's me done. And fair play to him. So you know, well done, Adrian.
Christian Rodwell 37:07
Yeah. And obviously, he referred to his coach who was Bronwyn, who was on last week's episode, of course, talking about freedom of location. And maybe, you know, he's picked up a few ideas from Bronwyn there in terms of, you know, remote nurse and being quite hands off from the day to day activities. But you know, key point there, he said, is just turning up every month for the coaching call, the coaches are there to hear, you know, what's going well, what's not going so well. And, you know, that is a key aspect of our members, the ones we see progressing are the ones who always show up every month.
Unknown Speaker 37:44
Well, that's what it's all about, Chris, I mean, you're, it's a bit like any sports, you know, it's not just what you do on the field, that counts, you've got to show up to practice, you've got to show up to training. And that's what Adrian is doing. And I applaud him for it. And that's what most of our wealth builder clients do. You know, they show up and they, even if nothing's happened, you know, they still getting involved, they're still talking about what's happened this month, even if it's not a lot, because you never know that conversation might lead to a distinction that moves you in a different direction, for the better. By the by 30 days after that. So every 30 days, we're encouraging a connection with somebody, look, if you're not in the program, just every 30 days, connect with somebody, a buddy, a friend, a training buddy from on wealth, or whatever. But either way, you know, tune in with somebody, and if you like the sound of what we do and how we do it, you know, check it out tomorrow on the third of June, have a listen to what we're about. And you're always welcome to connect with us. We're often in clubhouse and other places where you can actually engage in a conversation with us. So rather than just listening to Chris and I, you're more than welcome to interact with us there as well.
Christian Rodwell 38:57
Yeah. And just a quick reminder, then, wealth builders.co.uk forward slash Academy launch is the place to register for that webinar tomorrow night. And I guess final words there is that whilst Adrian has now reached independence, his journey with us is certainly not over. And, you know, he mentioned the ongoing support and guidance there, which will help him stay focused and accountable each month.
Unknown Speaker 39:20
While also he's staying in the community of like minded people, why would you want to get to financial independence and then go all lonely on yourself, you know, no point in doing that. There's usually what we find those people who reach independence want to get back down, they so he'll be active, I'm sure, in the Facebook group, and who knows, at some point, he might say, you know, I can coach this and want to give back but that's up to Adrian. And but many of our coaches started life as as followers and students, didn't they, Chris. So we're, we're grateful for that. And we're looking forward to sharing more about that in the next day or so, and I look forward to maybe meeting some of you guys As the roadmap starts to unlock, as well for for our current lockdown, so hopefully hopefully all good news, although it seems like it's slowing down a little bit.
Christian Rodwell 40:10
But look, once again, congratulations to Adrian. And we hope you enjoyed listening to that today. And we'll be back Same time, same place next week, Kevin. Hmm. Anyway, so we'll have a good session tomorrow. And until then, Chris, I'll see ya.
Unknown Speaker 40:28
We hope you enjoy today's episode. Don't forget that we are constantly updating our resources inside the wealth builders membership site to help you create, build and protect your wealth. Head over to wealth builders.co.uk slash membership right now for free access. That's wealth builders.co.uk slash membership.