Overwhelmed by the sheer number of courses available from you to pick from in how to build you wealth? Property has grown infamous in lacking sufficient value and riddled with upsales. In today's episode we are joined by Danny Inman, Co-Founder of Prosperity Network, shares with us the steps you should take to make sure you choose a high-quality property training course. Make sure you tune in.
Covid has drastically changed the way people approach online education. With a very high number of programmes and training courses to choose from, it is hard to decide what type of education to pick. Property education in particular has recently received bad reputation for providing insufficient value and frequent upsales. This week’s guest, Danny Inman, Co-Founder of Prosperity Network, talks us through some of the steps to take in order to choose and curate high-quality property training.
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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
While Welcome to Episode 119 of wealth talk, my name is Christian Rodwell, the membership director for wealth builders. And I'm joined today by our founder, Mr. Kevin Whelan. Hi, Kevin. Hi, Chris. Good to be with you again today. Here we are. So we are focusing on a really important aspect today, which is education, which for anyone that knows the wealth builders model, certainly all of our members should know, education is the first stage in the wheel of wealth, which is a fundamental aspect of the wealth building process.
Unknown Speaker 0:50
Absolutely. Right. And you know, nobody can argue that education is the cornerstone of everything, as you say, Chris, many times, you know, nobody's born anything, either. You're not a born investor, you're not a born business owner. You're not a born property investor. You have to learn everything. And that learning means education. And while we don't particularly say what type of education is right, we just know that any education needs to be fit for purpose, good value for money, and is a platform on which people can take action, rather than a platform for people just to get more information.
Christian Rodwell 1:25
And, you know, education is changing. Obviously, everything's always evolving. But in the education space, I remember, as I'm sure many listeners will do, you know, Robert Kiyosaki and reading his book, you know, Rich Dad and the cashflow quadrant, he talks about the movement through the ages and how we're very firmly now in the information age. And I mean, even in the last 18 months, we've seen how COVID has really changed the way that people learn, you know, people have really got themselves online, perhaps people who weren't so familiar with what a webinar is probably an hour webinar out, right.
Unknown Speaker 2:02
Yeah, and you know, there's so many different languages and things that have come up even in joking, you know, you're on mute. Every time somebody is on zoom, just the language, you know, people now, just like when people used to clean their carpets, and now they call it, you know, they call it hoovering. When you have a meeting, you're zooming in, lots of things happening that shows that we've had a definitely have a complete shift, haven't we, to people being more willing, and more comfortable with getting information consuming information? online, I'm a very avid listener, I like to multitask either on podcasts or books, and listen to them on Audible. You know, although I do have some books, increasingly, I like to listen to them because I can, you know, take things in when I'm doing something else, and therefore gives you leverage on your time, which again, is what all of this is doing is giving us all more leverage.
Christian Rodwell 2:59
Yeah. Now, we obviously love creating content at wealth builders, and we've got lots of free content. And then obviously, we've got paid for content inside of the Academy. And it's really down to people to pick and choose what they want. And, you know, take that at their own pace. And obviously, we're committed to always creating more content and the podcast every week. And and similarly with our guest today, who is Danny Inman, who's one of the founders of the prosperity network, and Danny set up prosperity only a year ago. So you know, amidst the whole lockdown, period, but we definitely share values in the way that Danny approaches education.
Unknown Speaker 3:35
Yes, we share values, definitely, you know, we've got some common things we want to share with the world and one of those is always giving exceptional value and focusing on delivering value. And you we don't like bad value. And I think we see bad value everywhere. Certainly pointing no fingers anywhere, at any one. But we know that, you know, the property trading industry has had some bad raps in there for the, you know, the upsell of education. Similarly, in a different industry altogether. We've seen the financial services industry, right. So there's more information to be able to manage money online, but the price has still remained for the vast majority too high. And we think the time has come for that to change, and it is changing. And within a few years, just like the change in electric vehicles, you know, more and more people will be finding more services delivered online. And that the real value of other people is to build distinctions to help people select and curate good quality information. And I think Danny's done a good job. So yeah, let's have a listen to what Danny has to say.
Christian Rodwell 4:49
Danny, welcome to wealth talk today. Thanks for having me. Great to have you on the show Danny. And we're talking today about why property education had to change so An interesting topic, and I hope our listeners will enjoy, you know, some of the conversation we have around this. So I think first off, let's hear a little bit about you, Danny. So our listeners understand your journey and and your company prosperity network.
Unknown Speaker 5:16
Awesome. So yeah, I mean, this is probably a potentially controversial subject, but one that I'm, I'm quite passionate about having been around education, property education for over a decade from student to investor that then went back to become a mentor and a speaker. And now at this stage, we run our own networking and our own community and education community started in in August last year, so started in the middle of a pandemic, and started because we felt the industry had changed so much, and a lot of the offerings hadn't changed with it. So we've gone from zero to 600 subscribers, it's a subscription based models. So think Netflix, rather than blockbuster got hundreds of hours of education on a training portal, we have weekly community calls, we're now getting together again, which is wonderful. We've got our first networking day on the 750 plus people are coming to that. So very busy and very active community but focused on keeping people updated relevant information, relevant education based on today's market based on today's activity. It's gone really well, I think it's been taken so well, because of what we're going to talk about why the industry needs to change. And I think the the environment, and the market is seeing that as well. And reacting pretty well to that. So yeah, we've we've done all right, in the first year.
Christian Rodwell 6:47
Yeah. And in terms of kind of some of the property projects that you focus on yourself, Danny, so obviously, you're an investor, you know, is that residential, commercial? What what kind of areas you focusing on?
Unknown Speaker 6:59
combination? Oh, so throughout my 12 years started sourcing, building portfolios, rather part is then we buy two lattes, and I've slowly stepped off over the last 10 to 12 years to now hitting, you know, with developers primarily now, so we're conversion specialists will take x commercial buildings convert to residential, ranging from six units, 260 units, you know, fall in between, we generally have a pipeline of 25 million pound active at any time in development value. Well, yeah, just very much walking the walk, I think I think that's a big part of the education world is that the people talking about it are doing what they're talking about. And, you know, we're, we're very consciously aware of that, being somebody who's vocal in the property world, it does definitely keep my, my knife sharp, and that I know, I have to be out there doing deals and practicing what we're preaching. So they're very active, very active, mainly conversions. Well, yeah, just look the property worlds.
Christian Rodwell 8:07
But we know property is one of the most popular pillars of the Seven Pillars that we, obviously we we teach our wealth builders, Danny, and, you know, none of us were born property investors, we've all had to learn it at some stage. So everyone really started at the same point, right? And so let's think about, you know, what's the typical route for people that from your experience that you see, kind of first being aware of property as an asset class and how they can generate recurring income from property? And then how property can help them to achieve financial independence? And, you know, where does that journey take them?
Unknown Speaker 8:42
Yeah, I think there's a there's a complete mixed range. I mean, myself, my business partner is a very interesting dynamic because I I'm taught in a classroom, I've done the conventional education on a property levels that the whole seminar world and all other will talk about during this during the session, whereas he called his education out in the field as a, you know, working in construction and working as an estate agent and an own in this agency. He's sort of done his process level, we've kind of merged in the middle. I mean, I'm a big believer in education. And I think education of some description is right for the majority. I think people like him without a structured education behind them are probably considerably rarer than people like me coming through through our environment and seeing a lot of success. So I think education increases your chances of success and he acknowledges that he's more of an anomaly in his space of being an on educated investor in the way that we know it then and I am in my space. So I think I think it increases your chances. I think now more than ever, there's there's different routes to get into it and different Types of education, obviously, we talked about how we're trying to do things different in the prosperity network versus the conventional way I did the conventional or the old school route of go to a two hour free seminar, get up till two or three day get up still to a training package and be in that environment. And, you know, it worked for me, it definitely worked for me. And I credit a lot of my success to that space at that time. I think that's the key thing. I think, I think what's happened here, and what we're why we're talking about the need for change is that the market has changed. And the education didn't really change with it, you know, the market got much, much bigger, it got much more common, commonly available that you could get access to these trainings, and you could go and pay your 1015 20,000 pounds to get trained. And I think that industry became a bit of a sausage factory, it wasn't like that when I came through, it was a genuine, you know, the internet hadn't really kicked off as big as it is today, social media was certainly nowhere near as active. So property investment was a little bit of a secret sauce. And you know, you needed to pay the money to get the secret sauce to go and do it, I think has the internet and Facebook groups. And all of these are the places you can get information from as developed. The education was still acting like it was selling a secret sauce. And that wasn't the thing of value anymore. The community and structure and ideas and accountability and network that's more important now, I believe, then the information that you can kind of pull together elsewhere or just maybe not as in a structured way. So yeah, that's why I would say I think we went through the the old school approach, but the model arguably needs to change now based on the fact the whole market and the environments change.
Christian Rodwell 11:54
Yeah, it does sound like definitely coincided with the explosion of social media that really did sort of change the game.
Unknown Speaker 12:00
Yeah, big time. I'm huge. I'm people are so no content marketing is such a thing. Now. It's something that we massively engaged in. So we're always putting information out market updates our value our sense of years ago, you didn't get any of that you didn't get an investor's perspective on the market. Unless you were me in that investor one on one, whereas now there's so many investors putting their you know, views on the market some good, some bad and obviously, education lets you pick between what's the good and the bad? Boy, it's completely different to when 2009 I did my I started my education, we're in a completely different world now a completely different world.
Christian Rodwell 12:39
Yeah, so it's so much easier now for for obviously, everyone to get their face out there their name out there. And, you know, we don't want to talk negatively, we want to encourage people who are, you know, taking their first steps into this world and, you know, getting their first property, right, that's a big step for people get that first property, that first bit of income, but it also it, it can feel, what can be, I guess, you know, where, you know, you see people online, and perhaps they're, they're sharing a message out of good intentions, but they perhaps don't have the experience to really be able to fully support others in the way that they might need. And I think that's, that's, you know, something we need to, you know, be mindful of when we, you know, we're choosing who we have as a coach or a mentor. And any any sort of specific thoughts on that, Danny?
Unknown Speaker 13:31
Yeah, I mean, but I'm so passionate about this, because, you know, it's so much easier to do what you want to do following somebody who's done it and done it recently. So I'm a huge believer in coaching, support, educate, and passionate behind it. I think the big issue came, because the industry blew up so quickly, it got like, there was a sudden spell around 2013 14, probably to 1617, where all of a sudden, it was everywhere. And everybody was doing property training. And there was loads of different options. And I think what happened was the demand started to outweigh the ability to supply it. And I'm talking about the businesses. I've been around historically, that I was a student where the other companies I've seen. So because there was so many people coming through, they started to have to plug gaps, they had to put people in arguably too soon to then pass it on. And it started to dilute the whole quality of it all effectively. And that that really passed its way down. But then the other big issue is as soon as you start to put people on a pedestal, people want to stay on that pedestal so they will inflate their performance, they will, you know, enhance on the truth. And it all became very competitive. You know, what if, if one company had been to temporary for the next one to tell you they've been to 11 or reef and everything had to be really, really, really out loud, a one they shouldn't be claims to try and get to try and get things over the line and get Sales agreed and it became the industry what was a genuinely good intended industry and it started to become a bit of a parody of itself in the the people that were preaching financial freedom, were reliant upon the pay of the people that were paying them to preach financial freedom, and there was a became a huge irony about the whole thing. So I don't I don't think it was mal intended at the star when this transition happened. I think that businesses grew too quick, because the demand flooded all of a sudden, and they plugged gaps that they then never got around to improving. Because the business was growing, and it just diluted the industry, in my opinion. And I think that's what bothers most people about our industry is that there's a, there's a genuine belief that a lot of the people teaching are doing or certainly aren't doing as much as they are potentially projecting. And that seems a bit disingenuous to me, in this environment of teaching wealth, and how to get to financial freedom and how to, you know, reduce your hours at work and not be dependent on another party for your, for your income or lifestyle. It just became a bit of a hypocritical space. And I started to step back from that environment. But with all the businesses that I was working with at that point, because I just thought, I don't know I'm comfortable anymore in this space that I think there's you know, there's there's an ethical issue with me selling a product, or anybody selling a product that ultimately might not be what is sold. And, as competition grew, claims had to get bigger to get the sale. And as more information was out there, and you could get access to more information than what they are offering had to be hard to solve. And I'm always comfortable. Sorry, uncomfortable, very uncomfortable with a hard sell. I always think if your products good, someone else will sell it for you nine times out of 10 or you don't really have to hard pitch it You shouldn't have to. And yeah, I think our our space property education, especially became a bit renowned for hard pitches and selling dreams. Which, again, without being negative. We tried to I tried to explain the reason I think it transitioned to that. And I think it's transitioning away? I do I do. I think it had to I think that's what our conversations about ultimately.
Christian Rodwell 17:31
Yeah. And so take us back to the time when you sat down with obviously your partners, Danny, and, you know, you started thinking, well, hang on, can we do this better? And if we were gonna launch something, how would we do it differently.
Unknown Speaker 17:46
And so being brutally honest, I didn't want to do it. You know, I'm property developer, I don't feel like I'm an educator. So I feel well pleased to talk about property, what we've done, what we're doing, know what other people we've coached have done, get them involved. But I don't see myself as a property educator as himself as a property developer who talks about property. So I didn't want to and in fact, I, I proposed to other parties that they should do it. I actually told all the parties that I think you should do this, because I think the old school way of doing things is like an oil tanker. And it's slowly sinking. And you need to you need a lifeboat. And I thought that this way, in exactly the same way as Netflix versus blockbuster, where the whole world is moving towards subscription, where you have to give more for less, you know, you have to give a lot of value now for less money in our world, in my opinion. Otherwise, you know, you start to get criticized, where people can learn or watch or do things at their own speed can come in and come out. I thought the industry was was every industry I think is moving towards that environment. And the other businesses that I was speaking to about, I think you may be should go down this angle, because I didn't want to be the one to do it quite, quite selfishly. They just built a business at such a size that they couldn't transition. It was it was impossible, you know, it now become dependent upon big turnovers with big expenses. And they just couldn't build this very low cost or high margin business on the side of it. So yeah, and ultimately, the two month two models bastardize each other rarely, you know, my model is saying you need to do this model, because this one doesn't work. So the guys that were doing that model couldn't really build that model alongside as well. So I understand the reasons they didn't. So I did our frustration is the honest answer. I sat there going, the industry needs this. The people who could do it, I don't think are going to do it unless they're forced to. As a result will do it and actually pretty much the whole industry is starting to move a little bit our way now because of COVID. So this was just before COVID, this was February 2020, when I was saying you need to you need to need to move more online, you know, bring your overheads down, so you can bring the cost down all of the discussions that we had. But you know, COVID made me look like an absolute genius, but it's just as fast tracked what was happening anyway, in my opinion that I absolutely never thought COVID was going to have the impact it did. But it's just put the fastball with an under what our industry was already doing. So yeah, started out of frustration. They didn't really want to now let that I have. But yeah, at the time, it was a it was a frustrated beginning.
Christian Rodwell 20:41
So So let's look at some of the the aspects of prosperity that, you know, are kind of the new way of thinking. First one, I guess is it's a subscription model,
Unknown Speaker 20:51
I think, low cost, very low cost, very high volume, I think, our high value Sorry, I think that's probably a transition. I think some of the education companies I've seen historically was always about, how much can we get away with charging going in versus how little we have to get them going in? And then how many times can we upsell them once they're in there. And, and you know, in a business model, that completely makes sense, or in the information error, it's quite contrary to what the customer actually wants, and debatably needs in a lot of cases. So we very much changed like that, I think the big the other big thing is we're so soft sell is this, it's kind of here's the value, it's up to you like it's it starts at 60 quid a month, if you don't get value out of I know, you've done nothing, basically, you've taught none of the information and took no action, that's the only way you can get value, that starting price of 60 quid a month. And they got phenomenal amount for that. More focus probably on community network value. And sales. I think there's an argument that on a business level, I think a lot of the older school businesses will look at us and go, Ah, you're too cheap, you give away too much. And how you making money, but the way that we run things can keep margins low and value high. And I think that's, that's a big change in in this industry know, a lot of the old role the businesses had huge offices, or they'd have, you know, all of their events would be held at a big hotel or conference and whatever. And they'd be paying 1000s and 1000s of pounds for that to put on the same education 10 times a year. So they'll be paying paying people 10 times to present the same thing, 10 times a year. And it's on Netflix versus blockbuster is the only way I can really describe why blockbuster died was because you've got to pay, probably pay too much. You only get it once. And if you want it again, you've got to pay for it again. And, you know, net, Netflix is an entirely different model, as we all know. So I think that's the way the whole education was going. I know you guys do the same with a subscription approach, don't you? Absolutely.
Christian Rodwell 23:12
Yeah. Yeah. Again, it just all ties into really looking at those pillars, right. And as a business, you want recurring income as well, that's, and just yeah, you know, it's, you say it's that menu of giving people what they want, they can choose, you know, and so yeah, I can see, I can see how that works. And we were discussing earlier, won't we, you know, it's all about mindset as well, not just the education, but two people can attend the same course or, you know, go through the same amount of training. And in three to five years, one person will be financially independent, and the other person will be exactly where they were when they started. Why is that?
Unknown Speaker 23:51
I genuinely think it's their expectations going in for most people. And I think that's another issue I've had in the industry when we were talking earlier about having the claims getting a bit bigger because they had to sell. I think sometimes the difficulty of success is on the soul. Math Well, in a lot of cases, it's massively under sold in, you know, the whole get rich, quick financial freedom in seven days. In a year you can leave a job. It's not real. For most people, it's being set to sell something that then leads to disappointment. If you get somebody expecting x and the potential of x by doing only y and Zed and they don't hit that then they'll just drop off there'll be a natural fall off so I'm sort of comically anti get rich quick. Anyone that follows me on social media will say I attack it quite a bit, because I think it's the most dangerous thing in the world. The instant gratification which from property or business can take you six months to buy a property at the minute so, you know, financial freedom in seven days. I'm not getting an answer from Las Vegas. Isn't seven days. So you know, it's just not, it's a complete Miss sale. And I think I think that's the I think the people who go in with their eyes open and are willing to make huge sacrifices for between three and five years are always the ones that stand the best chance the guys that are hoping just because they've paid 510 20 grand or whatever they paid for a course. And they do a little bit and it doesn't quite work out for them, or they get upset when they get the first No, or when they hit their first problem. Or if one deal doesn't work, it's the end of the world for them that those guys have a very limited chance. So you see, you hit the nail on the head, it's mindset. But I think it's mostly mindset going in, you know, setting your expectations on, I'm willing to graft like a bastard for the next five years, so that I don't have to for the next 50. And I think that's the right mindset going into something like this, it definitely loses me some sales, I'm aware of that. Because I don't say you can do this really quickly. And it's going to be easy for you. But I think I get the right kind of sales and I don't piss people off. Because I don't get calls from people saying You promised me this was going to be a walk in the park. So yeah, I think that's the biggest thing, mindset 100% how you react to adversity 100%. And the expectations of how hard it's actually going to be? Probably the three things I think of separated, successful people and less successful people on the back of any education.
Christian Rodwell 26:41
And final words, really, Danny, anyone who's listening now, perhaps they're right at the start of their property journey. And what would be some tips looking back on on your, your progress over the last, you know, 10 to 15 years? What would you say to them now, in terms of being a successful investor in property?
Unknown Speaker 27:01
Yeah, I've got so many, so many I, it's harder than you think. And it's definitely harder than you'll be told. That's number one. But it's incredibly possible. And it's much easier and much quicker than a job for four years. So it's better than the alternative is what I would always say, but you have to appreciate it. It's difficult. It's not what happens to you, it's how you react to it. That's a massive one. I, you know, shit goes wrong for us every week, every single week in property, we have a problem. And you know, you'll feel like quitting because we've done very well in property. And there's once a week where I have this conversation with myself where I think, you know, is this still worth it now what what, but you very quickly shake out of it? Well, they're all natural feelings. Everybody looks at very successful people and things. You don't get emotional, you know, you you don't want to give a period, everybody feels the same way as you know, hard work. But worth it. I think that they're the biggest tips if property property investors win by timing in the markets or timing, the right strategy at the right time buying in the right way, but also time in the market. And the longer you spend in the market in property. As long as you have longevity and you look at long term play, you'll be you'll find yourself massively in the future.
Christian Rodwell 28:29
So anyone who's feeling the pinch in the pain at the moment with the market conditions, again, your advice just be play the long game,
Unknown Speaker 28:36
right strategy in the right market. It's so cyclical I am. This this year, I've spent a lot of time being and I told you so idiot, to be honest, because the markets very predictable. And people within the market are very predictable. Everybody that was saying the market was going to plummet because of COVID. This very melt Mel informed we went into COVID with record loads of supply and record highs of demand and a shitload of money. And we came out of COVID in exactly the same position after a six to eight weeks bit of panic. And that's why the markets flew. And I could have I did, I did tell you and I know a lot of educators predicted the great crash because that sells and fear sells and all of that. But we literally start there at the start of COVID. And when the markets very predictable, just calm yourself down. And I think that's the other that's a reassuring thing about property, I find that very, very, very reassuring is that if you know what to look for, the trends are pretty obvious. And it's all generally happened before. And the resilience of the property market is you know, if the pandemic and shooting down for three or four months can't stop it, then it's a pretty solid market to be in ultimately, so. Yeah, I think if you're feeling it at the minute, most people are feeling it a minute because it's harder to buy because there's so much competition in our environment and in the prosperity network. We're just saying you're gonna have to change your approach a little bit you know what worked pre COVID might be a bit more challenging now but there are other strategies that you can employ in a growing market that will benefit so I guess that's where the knowledge and community and support comes in ultimately
Christian Rodwell 30:15
it's been great hearing your your take and your views Danny and I always enjoy listening to and if someone wants to follow you on social media and hear more of your opinions Where's best place for them to
Unknown Speaker 30:27
go? My very strongly worded opinions Yeah, Danny human property everywhere on Instagram, Facebook, LinkedIn Mima, most of my activities on Instagram now I'm a big big believer in that environment. So Danny human property,
Christian Rodwell 30:42
okay, and if they want to check out prosperity, what's the URL?
Unknown Speaker 30:46
Yeah, prosperity network.co.uk. and prosperity network underscore and Instagram the team for our tons. We've thought about putting out a lot of value the team's put out loads of value on on Instagram, especially so yeah, prosperity network underscore on Instagram prosperity. network.co.uk. If you want to check it out.
Christian Rodwell 31:05
Great. Danny, thanks so much for being a great guest on wealth. Tom today is really thank you. Okay, some really good points there from Danny, we'll start diving into those in a second. Do you enjoy that man, Kevin,
Unknown Speaker 31:18
very much, very much enjoyed his enthusiasm. Sometimes I have to say, slightly over enthusiastic with his language. But we don't mind that we don't mind that. We can forgive him that because his intention was to deliver with passion and purpose. And I think put that to one side and read into the content for give him the odd expletive,
Christian Rodwell 31:42
yeah, real and authentic, which was definitely the basic basis of that conversation. And okay, so before we do start pulling out some of the wealth lessons that we've talked about there, let's quickly head over to trustpilot. We've obviously had a summer break, and we've had reviews coming in. So let's pull out one from Claire. And Claire says, Thank you. I've worked with wealth builders, and specifically Paul Brooks for over two years now, on my SAS journey, my case was fairly complex. And Paul guided and supported me every step of the way, from looking into creating a wider family trust, helping me to build business plans for the SAS, which has really helped to give me a clear vision, and being available to bounce questions off. I've really enjoyed working with the team. Thanks.
Unknown Speaker 32:27
Very good. Well, you know, Paul leads the SAS team very, very well, indeed. And that team's expanding, and we got some new additions to the team to new additions to the team over the summer. So we're thrilled and delighted with that. So you know, we'll go from strength to strength, but talking about strength, you know, there was some very strong thoughts and feelings and opinions from Mr. Danny Inman,
Christian Rodwell 32:49
there were indeed, yeah, one of the things Danny said, which I really liked was the difficulty of success is massively under sold. And I guess this ties in with, you know, the get rich, quick, all of these kind of things that we will not we but sometimes people associate with, with education and training. And we know it does exist. And hopefully, that's being stamped out because of, you know, people now providing more value. And he referred to the Netflix blockbuster model that, you know, you have to you have to deliver more value at lower cost. Now, that's kind of what people are expecting?
Unknown Speaker 33:24
Well, I think that's true. But I think, you know, one must be very careful, though, about, really, the, as I said, at the beginning, you know, the education, Chris is a platform to action taking. And I think all too often, the just the value of the education is sold, not the importance of taking action as a result of getting some education. And he talks, you know about that, doesn't he and says, you know, people will tell you what they tell you, but it's going to be harder than you think. And it's harder than you've been told. It's hard when it is, you know, being wealthy is not easy. It's doable. You know, we have our own plan, don't we we kind of talk about it 60 days to create a plan 60 months to execute the plan. Well, that's a lot better than working a lifetime trading time for money, and having all the uncertainty that comes with being much older, and much more vulnerable. So I think we're not saying it's just a matter of time. You've got to, you've got to put up with some of the things in a way, Chris, you've got to be to be wealthy. He is. I've got it. I've just thought of a new little acronym for you, Chris.
Christian Rodwell 34:37
Let me jot it down.
Unknown Speaker 34:39
Yeah. Probably not one that might gain traction, but we'll see. But I just thought about it when I listened to the podcast, and listen to his content. I think in order to be wealthy, you've got to be completely mad. You have to be mid on What do you mean? What do you mean by that, Kev? Well, first of all, and I think Dan touched on it. You have to have the right mindset. When you go in, you have to know it's going to be tough, you have to know there are going to be challenges and you have to know that you're willing to put the time in to do it. You that's the MDA is, you're going to get adversity, you're going to get stopped, starts, you're going to get things that change, you're going to get change in the in the economy, you're going to get change in tax, you're going to get changes in the ability for for even stock to be delivered. So you can build things. If you're in the development thing. You're going to get adversity. And through that adversity, you have to stay determined to know that if you keep following the plan, and yes, you have to be flexible with our plan. We know that we've seen people pivot and change. But if you have that determination, you will see it through and everybody who has those three things, everybody who is mad, will become wealthy, and I'm delighted to be as mad as a
Christian Rodwell 35:58
hatter. I was joking about like that one. I was trying to guess what the day was gonna be. I thought it could be dynamic, but no determined that that fits very nicely. Okay, so yeah, I think, you know, many similarities really, with, with, obviously, what Danny and the prosperity network are doing and what we're doing at wealth builders. It's all about community. It's all about, you know, good value. It's about connection. It's about great quality education. And so yeah, you know, we support Danny, and many of our members, I know, working with Danny as well, and feedbacks always great. So, yeah, hopefully, some of the words resonated with with you listening today. And, you know, as we said earlier, Kevin, we're not knocking anyone but, you know, times always change and definitely the feels like there's a change in the education industry. Yeah,
Unknown Speaker 36:45
absolutely. You know, I'm glad that he's leading that. And I think, I hope, the whole educational industry as far as properties concerned, which is where he's coming from really changes, and I think it should, will change for the better, I think he's going to be leading that movement in the same way as we're leading movements, in many ways, aren't we, and it's one of the other things that I think that we should highlight is coming soon as Nick Chris, as a quick signpost is we know how completely ill fitting the educational system is for kids these days. And in a complex and increasingly challenging, complicated changing world. The education system hasn't changed with that. So we are now delighted to say we've started work now. We started recording now, some of the content for wealth builders for families. And we're very much looking forward to sharing that in the coming weeks. So if you're someone who feels passionate about educating kids, and there'll be content for in due course, not all in one go. But there'll be content for kind of primary school age would be content for secondary school age, and there'll be certainly content for young adults who often face the world with a completely different set of challenges, don't they with student debt and consumer debt, and then mortgage debt. So, you know, we'll definitely be creating some lessons for that. So if you're passionate about educating kids, and you want to participate and help us, we're going to be beta testing the program pretty soon. Or if there's anything that you want to fight and change in the wealth building industry, there's something you feel passionate about, then get in touch and let us know because we don't mind getting on somebody else's. So box, do we, Chris?
Christian Rodwell 38:32
No, not at all. And if you're listening now, if you're not already connected to wealth builders in some way, then probably the easiest step, if you're on Facebook is just search for wealth builders or one word, and join our free community there, we actually posted a picture a couple of weeks back of yourself, and Neil Morgan, who's co creator of the wealth builders for families program, and lots of people commenting under they're saying that they're really looking forward to and we'd love to kind of contribute and, and help us out with that. Definitely. So
Unknown Speaker 39:01
that's another thing that we're bringing, change in in really changes is really quite important to be flexible enough to do that. Because in all aspects, life is constantly battling us with changes. And if you stick to something that you think is working, then it doesn't work. One of anything is not independence. One of anything I'm afraid is dependence, one job, one form of wealth building, usually the stock market, you know, people over depend on things. So it's having a raft of things, having the flexibility to change, as I said earlier on being slightly mad, allows you to be flexible enough to respond as you see things as you see the changes coming.
Christian Rodwell 39:43
Well, we hope you enjoyed listening to today's episode. And Kevin, we will catch up Same time, same place next week. Until then, my friend so yeah.
Unknown Speaker 39:54
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