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Meet The Entrepreneur Behind The Cover Of The January 2023 Issue Of Global Millionaire: Jeffrey Wachman

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A serial entrepreneur, Jeffrey Wachman is a night-life entrepreneur, an author, and an innovator in performing arts, digital marketing, and business development.

Open about his humble beginnings and past, he used a personal tragedy as a catalyst to clean up his life, further develop his sales acumen, and reapply it, which resulted in significant business growth for his several companies.

Jeffrey Wachman is a partner and co-owner of several companies such as Hunkomania Male Revue, Diva Royale Drag Queen Show, Booze N’ Brush Sip N’ Paint, and Red Velvet Burlesque entertainment franchises, just to name a few. He is also the co-owner and Chief Marketing Officer for My Eye Read Iridology, My Estate to Liquidate Estate Sales, Credit Roadrunner Credit Repair, Merit Laser Services Medical Laser Repair, and Next Destination Moving. A champion of growth-mindset thinking, Jeffrey learned from his life experiences and sought to inspire others to pursue their ambitions, goals, and dreams. Global Millionaire magazine recently sat down and talked entrepreneurship with Jeffrey, and here’s what he had to say:

When did your entrepreneurial flair first reveal itself?

Ever since I was a teenager, I’ve always had the spirit of an entrepreneur; I used to buy candy, sell it at school, and enjoy the experience of commerce and the joy it gave to my schoolmates. Always looking for the next angle, I soon learned to purchase sneakers and clothing and resell it at a profit. These lessons taught me the power of being in business for yourself and gave me an early insight into the expression, “profits are better than wages.”

What did your life look like before being an entrepreneur?

Before becoming an entrepreneur, I worked different jobs. I worked as hard as possible, always excelled at them, and made good money. But my hunger for success and constant growth fueled me to keep growing and moving forward to my career as an entrepreneur.

As an entrepreneur, what is it that motivates and drives you?

In addition to delighting the customer, making money is important, but even more importantly, seeing how big I can grow a company gets me up in the morning. Setting goals, applying focus and effort, and eventually achieving them is gratifying. However, I get even more enjoyment from setting stretch goals that challenge me to grow further in my understanding and capabilities.

In a word, describe your life as an entrepreneur and explain why you enjoy it.

Exciting. My life as an entrepreneur has been exhilarating and will continue to be so because continuous learning and growth are never dull. From the start of a company or my jumping on board, it’s exciting to see where it can go and how my role will evolve, no matter how hard.

What were your top three motivations for starting your business?

My top three motivators for starting my business included not having a boss, being in full control of a company’s success, and seeing how much I could expand an enterprise without anyone or anything holding me back. These were and will continue to drive me forward every single day.

To what do you attribute your success?

My success comes from pure, good old-fashioned hard work, dedication, and sacrifice.

What are the key elements for starting and running a successful business?

I believe the three key elements for starting a business are:

1. Research: know your market, competitors, customers, and costs.

Always be prepared to spend more than originally budgeted.

2. Be prepared to work harder than anyone and harder than you ever have.

What you put into your business is what you will get from it.

3. Know every aspect of your business.

You want to understand each aspect in-depth to either be able to execute directly or delegate and oversee.

What are the three biggest challenges you have faced growing the business, and how did you overcome them?

Some of the biggest challenges I have faced in growing my businesses include finding the right employees and not having enough time in the day. Staying vigilant in finding and hiring the right staff and learning from past experiences have helped me grow the businesses to where they are today and will continue to grow. Time management will always be challenging, but prioritizing and letting go of things that do not bring value to your success can get more important things done! Setting the right priorities and focusing your time on them is a fundamental key to success.

Does loneliness always accompany entrepreneurship?

I believe there is some truth to that, but it’s also an important part of becoming successful and a catalyst for personal growth. I stayed in many nights working until the wee hours while my friends and family were out socializing or at functions. I’ve often sacrificed relationships to get to where I am today; however, I believe it’s possible to have fun, but only after reaching a certain point of success that permits it. Let’s face it, no one likes to be broke, and I’m not the type of guy that would settle for less than being successful and financially well-off, so those sacrifices are important.

As you grew the business, what have been some of the most important leadership lessons you have learned?

1. Respect, always be kind to people you encounter, and treat them how you want to be treated.

2. Honesty, whether it hurts or helps, I’ll always be honest, and that’s an important part of being a leader.

3. Be willing to do what you’re asking those under you to do. I heard a saying once, and it stuck with me, “I’ll never send my troops to fight a battle I would not fight myself.” Whether it’s my nightlife company, the restaurant I owned, or the iridology company, from cleaning the bathrooms to updating websites, your employees must see how far you’ll go to ensure the job gets done. Your motivation motivates them. It also allows you to say and genuinely mean when necessary, “No Excuses.”

What do you hope to happen in the near future for small businesses worldwide?

I would love to see small businesses worldwide become more successful by utilizing the ever-evolving marketing tools available today. While I love and support the mom-and-pop businesses of the world, I see more and more of them disappearing, partly due to them not evolving with the times, and failing to define and execute digital marketing strategies, for example.

“This is an Advertisement Feature”

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Is 2023 A Good Time To Invest In Sydney Property

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Sydney’s property market is booming at the moment with many sellers and developments. Currently, an investor has many choices and a good price range. Regardless of the economic times, the property market is known to be the most predictable and stable investment out there. Sydney’s property market is unpredictable when investments are geared toward new innovations or products that may be obsolete a few years later. However, property will always be an asset being essential to every human on earth. It is the oldest type of investment, and it still stands to be the most steady and lucrative.

Why invest in Sydney Property? The reasons are endless…

There are many reasons to invest in property, which is the difference that makes it a good idea to buy property.

If the property is purchased for personal use

Currently, many First Home Buyer incentives and Government Grants are available – do your research, and you could find the perfect property for you.

Invest to rent out

Through PIA’s B&R Model (Buy and Rent), many of its investment properties attract a ‘Rental Guarantee’ – this means that you can accurately predict your rental income for the next three years.

Tenants will pay down your mortgage via rental income they give to the property owner, whether they are positively or negatively geared properties.

Investors using this type of investment can sit back and enjoy seeing their investment grow.

A Hefty Tax Return on Sydney Property

Sydney Property is considered an asset, and assets depreciate over time. This basically means that your initial investment will go through wears and tears of time and usage. However, this does seem like a negative, but there is a golden thread in this disadvantage. This disadvantage is tax deductible; it can be claimed from your taxes, and you will receive a hefty return. Also, because this is a long-term investment, there will always be the chance of your property being a disposable asset in the future when you wish to resell.

It’s Trending For a Limited Time – a buyer’s market!

Now, if we narrow it down to the Australian market, there are some very interesting trends at the moment that will slowly fade away if not acted on soon. The trends include many developments at the moment in Sydney Property and many of the larger cities. Therefore, the competition for sellers is large, so buyers’ prices are ideal now. Due to this insurgent amount of developments and property, there are many opportunities where informed investors have the ability to gear the investment amount to their advantage.

This is a good time to purchase. Investing in property is a long-term investment. Therefore, any changes that occur after purchase, even if it shifts to being a seller’s market, will be to the property owner’s advantage. This is because you can sit and wait for an ideal time to sell or continuously gain from the rental of tenants at a time when the property is too expensive for people hoping to be property owners.

Source: PIA

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Amazon Founder Jeff Bezos Admits Giving Away His $100 Billion Plus Fortune Is “Very Hard”

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Amazon head honcho Jeff Bezos has revealed that it’s actually ‘not easy’ to give away his estimated over $100 billion fortune.

The Amazon founder revealed that he plans to give away ‘most’ of his massive fortune to various good causes. In fact, Bezos has already committed to giving $10 billion by 2030 to the Bezos Earth Fund to help combat climate change. He also recently gave a $100 million grant to country music superstar Dolly Parton so that she can continue her philanthropic work. Parton received the Bezos Courage and Civility Award from Bezos and Sanchez earlier this month. The award ‘recognises leaders who aim high, find solutions, and who always do it with civility’ according to Sanchez.

Bezos has also admitted that giving away his massive fortune is actually ‘very hard’. When he was interviewed by CNN, he said: “The hard part is figuring out how to do it in a levered way.”

“It’s not easy. Building Amazon was not easy. It took a lot of hard work, a bunch of very smart teammates, hard-working teammates, and I’m finding – and I think Lauren is finding the same thing – that charity, philanthropy, is very similar.”

He further said: “There are a bunch of ways that I think you could do ineffective things, too. So you have to think about it carefully, and you have to have brilliant people on the team.”

Editorial credit: dennizn / Shutterstock.com

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Spotlight On Proxima: The Next Big Platform To Watch Out For In 2023

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Thirty years ago, Justin Wang came to Australia to achieve financial freedom. However, he initially found it very difficult to make money in Australia. Even though the income is higher in Australia than in China, he could save only a few dollars.

He quickly found a way to remedy the situation. This was how PIA was born. Wang credits the realization of his dreams to his two-fold approach to prosperity: invest in a business and then advise others to do so. He feels that if he didn’t do that, he probably would not have achieved as extensive a portfolio as he currently holds today.

For Wang, a business owner’s priority always lies with the stakeholders. This includes all parties to the arrangement and the interests of society as a whole. This holistic approach is the cornerstone of Wang’s success and functions as a valuable lesson in entrepreneurial tactics.

Justin Wang is the embodiment of the self-made businessperson. From unassuming beginnings to life as a property magnate – he now personifies the paradigm for financial freedom. It always comes down to abundance as generated by collaboration.

Global Millionaire magazine recently caught up with Justin to discuss his vision for 2023, and here’s what went down:

Can you tell us about your vision for PIA in 2023?

I started the business in 2005 with a powerful mission, goal, and purpose: to achieve financial freedom. After 17 years of working hard, I eventually achieved that goal, so now I have new goals for 2023. My plan for 2023 is to keep the property management service in-house and integrate the agents from the PIA agency to the Proxima platform. We are managing 7000 properties in Australia which in hindsight is 5 billion worth in assets. I want to make sure our clients are looked after. I am also planning to set up the PIA school to continue promoting the PIA success formula to get more people to succeed. Even though many people already know the PIA concept, I still feel that you need someone to guide them and ensure they’re on the right path, and that’s what the school is all about.

Can you tell us more about Proxima? What’s this all about?

Proxima is an agent service platform that engages and promotes the PIA concept. I want hundreds, even thousands, of people to have their own businesses even though they still have their day jobs through this new platform. Proxima will take the hassle away from agents and will engage a large number of the broader community. Through this new platform, I hope to help the bigger community achieve financial freedom through Sydney residential property.

What are your personal goals for 2023?

I came to Australia in 1993. I was here roughly 30 years ago, and I’ve already achieved my personal goal of achieving financial freedom. To be honest I don’t have any more goals to achieve personally. Now my personal goal is about how many people I can help get into the property market. I want to teach as many people as possible on how to take advantage of the market and how they can benefit from it in the future.

What are your tips for people who will be affected by the high-interest rates next year?

Many people are hesitant to enter the property market because they feel that the high-interest rate will stop them from borrowing more money or won’t allow them to enter the property market. While everyone is so busy worrying about the soaring interest rates, people are forgetting that immigration numbers are high once again, so more people will be looking for a place to stay. Once supply increases, the demand will also increase. Yes, the interest rates might continue to rise, but who will bear the increase in interest rates? The tenants. Decade after decade, year after year, century after century – there will always be a time when the interest rates will keep going up. Still, if you know how the market works, you’ll keep the property you own because, eventually, you’ll be the winner when the interest rates drop. Do you want to think short-term or long-term? If you’re considering selling your property to avoid a higher mortgage, you’ve probably dodged a headache in the short term. But if you think long term, you have to keep in mind that rent will continue to increase yearly, so you’ll be the winner if you decide to keep your property.

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Entrepreneur Spotlight: Get To Know The CEO and Visionary Behind Proximo Marketing Strategies

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Courtney B. Riley is the CEO and visionary behind Proximo Marketing Strategies, an international marketing firm based out of Hampton Roads, Virginia.

Driven by passion and a calling to serve, Courtney leverages her talent for innovative thinking with a genuine enthusiasm for seeing others succeed, to help her clients find and pursue their true purpose while also providing them with the necessary tools to position their brands in the marketplace successfully. She is an active and appreciated member of her community, serving as adjunct faculty at local colleges, educating students on best practices for marketing in the 21st century, and serving on the board of several non-profit organizations. A published author and recent recipient of the 40 Under 40 and Woman of Excellence award, Courtney Riley has been called “One to watch in the marketing world,” by Authority Magazine.

With a decade of success behind her, Courtney now focuses her efforts on helping other entrepreneurs, CEOs and visionaries employ the principles of the Love-Centric Business Model to not only achieve success and fulfillment for themselves, their employees, and their customers but to do it all on their own terms.

Of course, more important than any professional accomplishments are the blessings Courtney counts in her personal life – her husband, Matt, teenage son, Dominic, and toddler, Bella. Yes. You read that right – a teenager and a toddler! Needless to say, Courtney knows a thing or two about chaos and overwhelm and practices what she preaches not only on the job but also at home, recognizing that living a life of love has also meant loving herself enough to prioritize self-care. When she’s not helping entrepreneurs thrive and build love-centric businesses, Courtney can be found soaking up family time and sunshine in the backyard, relaxing with yoga or enjoying a quiet moment with God’s word.

Global Millionaire recently caught up with Courtney to discuss her journey as an entrepreneur, and here’s what went down:

What are you currently doing to maintain/grow your business?

Nurturing relationships. Right now, as the world struggles to navigate a staffing crisis and heavy turnover, I’m investing time and energy into nurturing the relationships I have with my team and encouraging them to do the same with one another. Loving people that love our clients have a beautiful trickle-down effect! I’m also keeping the relationships we have with our current clients at the forefront of all we do, continuing to cultivate those relationships, and exploring how we can add even more value. 90% of our new business comes from happy clients that see what we can do, and share the impact with other business owners and leaders that they know. The best part about that? We get more clients like the ones we have (and love!). It’s a win-win!

What form of marketing has worked well for your business throughout the years?

Honestly, it’s pretty ironic, but I’ll always be a grassroots girl at heart. Cultivating relationships that already exist, and investing time and attention to those around me, has had the greatest ROI. I genuinely want the people around me to succeed, and I believe they feel that. Naturally, when people they know need to experience that same love and support, I’m the person they refer.

What social media platforms do you usually use to increase your brand’s awareness?

Facebook, Instagram, and (recently) TikTok.

What is the toughest decision you had to make in the last few months?

Declining work. Good work, with good prospects, We are BUSY. And if that busyness gets in the way of us delivering what a new client deserves, I refuse to take them on. It’s tough when you support a team financially, and even tougher when the prospect is someone that you’d genuinely WANT to work with. But no amount of money is worth your integrity (or quality of service) taking a back seat.

How has your business been affected by the COVID-19 pandemic?

I hate to say it, but it’s been a season of growth, in a big part from the impact of the pandemic. For years, businesses did things the same way they had always been done. Conservative entrepreneurs, who had once been innovative leaders, had become complacent. The pandemic shook the boat. It pushed people to embrace change that they had shied away from for decades. Suddenly, people that had watched my team and I help our clients take their business to new places, from the sidelines, needed and wanted us to help them navigate the changes they were forced to implement. In short, the pandemic shook the boat and made space for us to help people navigate the turbulent waters of marketing.

How have you adapted your business operations in response to COVID-19 and its associated impacts?

Fortunately, we were virtual prior to the pandemic, so we felt minimal hiccups in that regard. The unprecedented growth we experienced, however, took quite a bit of navigating. In fact, it’s still something we spend intentional time nurturing. We have weekly team meetings, quarterly (if not more frequent) team get-togethers, and even brought on a team member to help co-shepherd our team with me. She spends time in leadership development, and personal and spiritual growth, and acts as a safe-zone sounding board for our crew. Learning to love in a way that makes this team unique has been one of the most impactful adaptations our team has experienced!

What have been some of the most important lessons you have learned because of this pandemic?

If nothing else, the pandemic reminded me how little control we truly have, and how IN CONTROL our Heavenly Father is. I heard an analogy recently about a farmer that worked diligently on his land; tilling, planting, and watering his soon-to-be crops. Just like him, we are called to work with excellence in all things that we are given to steward, including our businesses, clients, and employees. We pour into them, invest into them, and nurture them with all that we have. But at the end of the day, whether the sun shines, rain falls and photosynthesis happens is not within the farmer’s hands. Similarly, after all of the hard work we put into our career tracks, God Himself has the final say on what sort of fruit they produce. The pandemic has increased both my faith and my resiliency!

What do you hope to see happen in the near future for small businesses all over the world?

I hope people let their boats shake. I hope they embrace change as gracefully as they can, and above all else, I hope that they prioritize the PEOPLE in their corner. Their clients, their employees, and their families deserve to be loved fiercely, at all costs.

What advice would you give to a newbie Entrepreneur setting up a new business in this pandemic?

Surround yourself with a tribe of people that are willing to pour into you. You need people that will be brutally honest and cheer you on, all at the same time. Find the ones that have been in the trenches and are living a life that you aspire to have, then humble yourself and ASK. FOR. HELP. We were ALL where you are right now, once!

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Is It better to buy an investment property or a home first?

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Justin Wang is the embodiment of a self-made entrepreneur. From unassuming beginnings to life as a property giant – he now personifies the paradigm for financial freedom. He built PIA (Property Investors Alliance) when he realized the profitability of the Sydney residential property. His considerable charisma would spearhead a veritable empire of altruistic financial freedom. We recently caught up with Justin to ask him whether it’s better to buy an investment property or a home first; and here’s what went down:

Can you tell us a bit more about yourself? What are your hobbies when you’re not busy with PIA?

My hobbies and passions are reading, writing, and practicing Tai Chi. When I was young, I found that most of my friends with similar passions spent 100% of their time following it religiously. I was concerned for them because I felt that focussing too much on their passion and hobbies meant they couldn’t maintain their jobs, so therefore, how can they keep their lifestyles and follow their passion?

Even though I had my hobbies and passion projects, wealth building has always been my top priority – I’ve always wanted to achieve financial freedom and accumulate wealth so that I didn’t have to worry about my future. At the end of the day, it’s all about maintaining balance in your life. You need to be able to balance your hobbies and true passion while at the same time working on building your wealth. It took me 35-40 years to finally find the secret to wealth building. Eventually, I realised that investing in Sydney residential properties is the key. So from 2004-2005, I started to promote my own experiences to the Chinese community – as a result, many of our young clients began to invest in their first property, then eventually their second, third and fourth. Seven years later, this move turned them into millionaires, bringing them passive income for many years to come. Working or making money for them now is just an option. Whenever they get into their hobbies like basketball and other sports, they are relaxed and happy knowing they don’t have to worry about their future since they are receiving passive income from rent and are millionaires. External factors such as things happening in the world do not affect them financially – they are all financially secure. That’s why whenever I talk to young people, I always remind them to enjoy life but to keep in mind that time passes by quickly. They need to consider what will happen to them financially when they’re older, like in their 50s or 60s. They need to think about property investment while they’re still young before it’s too late.

Most young people don’t own property and live with their parents or rent. Most haven’t explored the possibility of investing in property. What is your advice to them? How can they get started?

The majority of people prefer taking the easy path. They find that renting is more manageable, so they don’t have to worry about a mortgage or any responsibilities. They feel that renting is better than buying. Or staying with their parents – so they can enjoy life and buy nice cars. Your life may be easier today, but remember that more challenging times will come soon enough. Once you get hit by a financial crisis, rent will eat away at your income. The people who own properties will pass it on to you and you will feel the crunch. So don’t focus on just today; think about the future. People always think, yes, I want to be rich – but how can I start? Buying property is too expensive. I can’t afford the down payment or ongoing costs of running a property. For example, if someone grew up in a house in the Bondi area, their mindset is to buy a home in Bondi as well. Of course, that will not be affordable for them because prices in that area are too high.

That’s why I started to promote the “B & R” or “buy & rent” model – to buy their first property as their first investment. For example, if my client lives in a 1-bedroom apartment in Randwick – they can buy a three-bedroom unit in the western suburbs because the prices there are a lot cheaper, and tenants can cover the majority of the mortgage. Although the client may not be familiar with the area, they know that the property’s value will increase eventually, and they’ll be able to refinance in 2 to 3 years. The “B & R” model will allow you to buy in an affordable area and treat buying property as part of wealth creation, not just a hobby.

When’s the best time to get into the property market?

There are two ways people react to the property market. One is when everyone starts to believe that the prices of the properties have gone up – most people will think that the prices continue to rise. Another situation is when people believe that property prices are going down. If the property prices are rising, people may assume that’s a problem because they’ll think that the prices are going up too fast. If the property prices are going down, the same person will feel that’s also a problem because the property prices will go down even further. The problem is “fear” – it’s the fear of taking the plunge.

Right now, everyone is concerned about the high-interest rates; it’s all over the news – the prices of the properties in the top suburbs are taking a massive hit. Most people feel it’s better to wait to buy a property because the market is bad. But let me give you a scenario; if Woolworths suddenly declare that they are slashing the prices of everything at half price, is this good or bad for you? Of course, as a consumer, this is great news! Hence if the property market is “soft”, and everything is cheaper, most people believe that it’s bad for them to get into the property market when in fact, it’s actually good for them. It’s better to buy a property in a “stressed” market because you’ll be able to buy a property at a reasonable price. If the market is good and the prices of properties are going up, that’s when people tend to purchase properties. The problem is that if you’re not fast enough to take advantage of the opportunity when news breaks out about the market, you’ll miss your chance to get into the property market. Only a tiny portion of the population will be adept enough to take advantage of the situation.

Should people buy an investment property or a home first?

Australians are lucky to live in Australia because owning homes here is reasonably achievable. One side of the population is complaining that the prices of the properties are too high – the other side, on the other hand, has no courage to jump into the property market. Owning a “dream home” is not affordable today because people feel that renting is a lot easier and stress-free. The problem with renting is that renters will miss out on future capital gains from owning their own property and be victim to constant rent increases. So what’s the solution to this dilemma? It would be best if you found a place where the mortgage is cheaper, enabling you to save up for a deposit to buy a property and rent that out. Using the “B & R” model, the tenants will pay 70 to 80% of your mortgage, and you’ll get considerable tax benefits. Once you understand the concept of the “B & R” model, you’ll be able to buy 2-3 properties which will enable you to refinance in the future, and then you can buy your dream home.

What are the five steps to becoming a multi-millionaire?

1. Realise the importance of owning a property because this will affect your future and the future of your next generations. If you understand this, then everything will fall into place.

2. Owning a residential property is not just about owning a home; it’s also about wealth building and buying property as an investment.

3. You need to understand leverage – how to use the bank’s and other people’s money to make you rich.

4. Time is very important – buying a property is like raising kids; give the kids enough time, then they’ll all eventually grow up. They don’t grow up overnight! It’s the same with property investment; you don’t become rich overnight; it takes time to build wealth. It’s better to buy at an early age to earn considerable capital gains on your property. Don’t hesitate to buy a property; every time you wait, you miss out on the opportunity of becoming financially free.

5. Buy a property as soon as possible. The key to financial freedom is to buy, don’t shop around – if you keep shopping around, you’ll never start because you’ll never find the perfect property that will reach your every expectation. Just follow my advice and purchase a Sydney residential property – give it enough time, and you’ll end up the winner in life.

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5 Critical Habits For Developing A Millionaire Mindset

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Thousands of people worldwide dream of becoming a millionaire one day. It may seem too ambitious, but there is nothing wrong with having such a dream. However, as we all know, it is easier said than done. We can all dream of it, but only some can achieve it. Your journey toward financial success will be challenging, but if you know the formula, your goal will be possible. Here are five ways on how to develop a millionaire mindset.

Visualize and Claim It

If you want to be a millionaire, the first thing that you have to do is to claim it. It would be best if you were focused on your goal and visualize it. I can do it, and I will do it – this should be your way of thinking. It would help if you always stayed positive. Emphasize the things that will happen once you have accumulated millions of money. Where should I go? What should I buy? What business should I establish? Thinking about these things will help you not to lose track of your goal.

Surround Yourself with the Right People

Your external environment will also have a huge role to play. With this, if you are thinking of how to become a millionaire, choose your friends wisely. Be cautious about the people around you. Stay away from those who will drag you down. Be friends with people who will encourage you. Look for inspiration. By being surrounded by millionaires, you will be more motivated and gain insights that will help you achieve your dream.

Invest Your Money

This is one thing that may seem basic yet is ignored by many. To be a millionaire, you must know how to grow your finances. Do not just spend it on anything. Choose where to put your financial resources carefully. It would help if you were brave enough to take risks but make sure that every move is carefully calculated.

Never Stop Learning

Invest in yourself. Read books. Enroll in online courses. Attend seminars. These will provide insights on how to be rich, including financial strategies that can prove effective. Learn everything that you need to know about the market and economic fundamentals.

Rise Up From your Failure

If you fail, this should not be a reason for you to give up. If you want to be a millionaire, you should consider failures as opportunities for learning. Ask yourself about what went wrong, and more importantly, what can be done to prevent failures in the future.

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5 Surefire Ways To Motivate Your Team And Actually Get Results

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Motivation and confidence boost is the essence of letting anyone do anything and acquire big goals that once seemed impossible. These are the core elements of forming a great team that doesn’t fret over any vast or small everyday obstacles at work.

When you are leading a team, and it’s on you to get the best out of them, you want to make sure that none of your team members sit idle or their skills go to waste. You want to make everyone bring their best out and give it to the core goal you all are working for.

So what are the ways to motivate your team?

1. Don’t ever underpay 

The best way to make people work the best and give their most expertise to the goal you want results from is to pay them enough. Always remember that they won’t give it their best if it is not their dream.

Nobody would work for free, and when reaching some goal in the proper payback to a few, others want enough money in return for them giving their bets. And it would help if you always kept this in mind. Pay your team members adequately, and when you are setting their salaries, you should be sure that the pay is consistent with the rest of the companies in your industry.

It would help to keep in mind that 26% of engaged employees say they leave their current jobs for only a 5% increase somewhere else. Do not mistake losing your people as you are underpaying them. Motivating your team will bring many health outcomes in a few days.

2. Offer them the environment to work 

You might already know that our external environments are often the most impactful factor in bringing our productivity out. Everyone wants to work in a stimulating and clean office environment, making them feel ideal instead of bad.

It would help if you weren’t spending a lot of money to make your office a perfect workspace but be sure it is pleasant and clean. Team motivation roots in the team lead to be motivated as well.

3. Offer opportunities for better self-development 

Your team members will be precious to your organization and themselves when they will have opportunities to learn better skills. Give your team everything they need to improve their careers and also e knowledgeable of their industry news and latest technologies. An improved team member will be giving his best to the core goal all by himself naturally.

4. Encourage collaboration within the team 

A team is as strong as its weakest link, just like a chain is. You must always focus on improving the inner relations of your team members and let them be the best of themselves. According to research, 39% of employees do not feel their input is appreciated by their peers.

It would help if you encouraged the team members to appreciate one another and give suggestions on improving their skill sets.

5. Do not punish failure:

We are human beings, and making mistakes is our nature. The primary key is not to regret your past mistakes but to learn from them and move on. Try your best not to repeat your mistakes, as that would mean that you aren’t learning anything from them. When your team members make honest mistakes, try not to punch them but encourage them to try again and be better.

These are some of the top ways to motivate your team and let them bring their best out. You will find your team members better at work when they know that they are always supported and given the best surrounding to work in. Having a daily team inspiration session of 10 minutes will make you more reasonable than scheduling it after every month for an hour or two.

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Is 2022 The BEST Or WORST Time To Buy Property?

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Justin Wang is the embodiment of a self-made entrepreneur. From unassuming beginnings to life as a property giant – he now personifies the paradigm for financial freedom. It always comes down to abundance as generated by collaboration.

Wang built PIA (Property Investors Alliance) when he realized the profitability of the Sydney residential property. His considerable charisma would spearhead a veritable empire of altruistic financial freedom.

Global Millionaire magazine recently caught up with Justin to ask him about the rising interest rates and whether now is an excellent time to get into the property market or not; here’s what went down:

How does the interest rate hike affect the housing market?

Now that the interest rate keeps increasing, there’s fear among first home buyers and potential investors because they’re not sure how this interest rate hike will affect the property market. Because of the interest rate hike, the price of properties has dramatically dropped, so if there’s a dip in the property price – should we buy now or wait?

Firstly, I believe the interest rate hike will not cause a dip in property prices – some people even predict the decrease to be as low as 20%. Keep in mind that the Reserve Bank is very cautious regarding the interest rate hike or how it can affect the property market. That’s because the property market, particularly Sydney Residential properties, involves a lot of families since many people, particularly parents, owe money to the bank.

But guess what? Despite the interest rate hike, people are still spending! So how can people keep spending even though there’s an increase in the interest rate?

Firstly, tourism is back – tourism is bringing money again to Australia. Secondly, there’s actually a low unemployment rate since people still have jobs. There’s also what I can refer to as “pandemic savings;” People still have savings because, for the past two years, people haven’t been spending that much due to the Covid restrictions. The government has given out over $200 billion in support to Australians due to the Covid situation, and this money is still sitting in people’s savings or offset accounts. This massive amount of money is definitely good enough to cope with the interest rate hike.

So for those who still believe that most people will end up selling their property for less than 20% of the actual price is wrong; they should not be worried at all due to the above reasons.

Buy or rent, which one is good for us at the moment?

Rent may be increasing at the moment, but I believe it’s still okay to get into the property market. Right now, the interest rate is going up faster than the rent is going up, so it might seem like it’s not a good idea to buy a property at this stage. For example, if you buy a $600k property, the mortgage repayments plus the ongoing costs to run the property will be much higher than what the rent can achieve – possibly 20% or even 25% or higher. Even if you use PIA’s buy and rent model, the rent might not be enough to cover mortgage repayments plus all of the ongoing costs.

So what’s the best thing to do? If you buy an off-the-plan property that will settle in 2-3 years, you’ll be able to secure today’s low price. We’re currently in the middle of a “buyer’s market,” which means that if you buy a property now that is due to settle in 2-3 years, you’ll skip over the high-interest rate period because, in 2-3 years, the interest rate will eventually decrease. You’ll be able to settle your property because your borrowing capacity should have increased by then. The rent may be able to cover your outgoing costs.

How should I act as a first home buyer in the current market?

If you’re a first home buyer, the best time to buy is now because the properties are cheaper, and due to the current interest rate climate, you’ll get special deals, rebates, and discounts from the vendors and developers. You just need to pay a 10% deposit for an off-the-plan property that’s due to be completed in 2 to 3 yrs, and this will enable you to secure today’s low price and skip over the current high-interest rate period. Your borrowability will increase when you eventually settle, and your rent may be enough to pay most of your outgoing costs.

When will the interest rate stop increasing?

I believe in 2-3 years’ time, the interest rate will stop increasing, and Inflation will also slow down – roughly around 2024.

Should we buy a property now or should we wait for a while?

If you’re smart, the best time to buy is now.

Right now, people are not buying properties because of the interest rate hike. If you buy later, when the interest rates are decreasing, you’ll struggle to secure a property because other people will also be rushing to buy properties. This demand will, of course, cause the price of the properties to be much higher. Therefore, getting into the property market now, while we’re in the middle of a “buyer’s market,” is the best way to go.

chelsieT

Meet The Entrepreneur Behind The Cover Of The September 2022 Issue Of Global Millionaire: Elton A. Hollis, III

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A veteran entrepreneur, Elton A. Hollis, III helps businesses succeed by utilizing his 25 years of experience in the Oil and Gas Construction field – he provides consulting, training, executive coaching, and all facets of safety management and compliance services to clients in the industrial, commercial and small business industries. In fact, he’s the co-founder of Small Business Friday! video podcast with his partner Joe Tant. It’s a podcast that helps small businesses to get their names out there at no cost. They currently stream on Spotify, Apple Podcast, TikTok, and YouTube.

Elton is the owner of Hol-Tech Resources, LLC – a full-service consulting service that provides guidance and training in the Safety, Quality, and Compliance realms. He also happens to be the General Manager of RT Technical Solutions LLC, where he helps lead their team to the forefront of the Industrial Electrical and Instrumentation fields. Besides his executive work, Elton is a Golden Triangle Industrial Group co-founder and Vice Chairperson for the Contractors Business Development Group.

A multifaceted business leader, Elton has held a wide range of titles, from Field Laborer to Executive Ownership, during the course of his career. His diligent work attitude combined with creative critical enables him to problem solve for his clients. He is well-regarded in the Safety and Training field for his Small Business training grant work in collaboration with Lamar Institute of Technology. Hence we’re not surprised he has been featured in several magazine articles such as VT Post (named in the Top 100 Entrepreneurs in Texas), Elitepedia, The Los Angelers, Refine Post, and The Global Celebrity. He is also a proud recipient of the 2022 BBB Torch Awards for Ethics Award for Microbusiness.

Elton is a highly sought-after mentor who coaches entrepreneurs across the country – he teaches and encourages entrepreneurship by conducting marketing meetings, events, and numerous mentor speaking engagements. He is also an author – in late 2021, he published his first book, “Creative Problem Solving,” and he has now published his second book, “Buy Into Yourself First,” which outlines successful business development tactics.

Global Millionaire recently caught up with Elton to discuss his journey to entrepreneurship, and here’s what went down:

When did your entrepreneurial flair first reveal itself?

I had the opportunity to be involved in starting a company early in my career, at age 26. I can’t lie; I was scared to death. I almost turned the opportunity down and talked myself out of it. Instead, I took a chance, and from that first day and all the brainstorming we did, I was hooked!

How did your life look like before being an entrepreneur?

The complete opposite of an entrepreneur, or so I thought. I was concentrating on just learning crafts in the field, making money, and raising my kids. I had no clue these basic things would be immensely important in forming a solid foundation for starting several companies.

As an entrepreneur, what is it that motivates and drives you?

I enjoy the new challenges every day. It’s never melancholy or boring; always a new problem to solve. Also, there is just something exhilarating and sometimes stressful about building a work family and watching it grow at your company.

What do you put your success down to?

Without a doubt, it’s been because I was taught to help people – even people I didn’t like or agree with. I learned from working with my dad that there is an art and satisfaction to making the person above you look like a superstar, even if they are not. People recognize that , maybe not a first, but always eventually.

What would you say are the key elements for starting and running a successful business?

Hard work, forgiveness, and thick skin. Hard work is the foundation for anything you do in life. Forgiveness, because you will be done wrong somewhere along the way and because you will also mess up, and both parties deserve forgiveness. Thick skin, because being offended or constantly feeling you are attacked keeps you on the defensive. Defensive units are built to stop things; Offensive units are built to advance. Entrepreneurship is all about advancing.

As you grew the business, what have been some of the most important leadership lessons you have learned?

The top two business lessons I have learned are:

1. It doesn’t take a big person to carry a grudge. It really doesn’t pay to be offended in life, especially in business. I’ve learned the best thing to do is to really try and understand the situation and see if it may apply to you, no matter how it feels at the time.

2. Tough or difficult advice is sometimes just what you need. I call this “Brahma Bull Advice” because, just like a Brahma bull, it is usually:

a. Not always pretty.
b. Usually right up in your face.
c. Hardy and can withstand anything.

What do you hope to see happen in the near future for small businesses all over the world?

I hope this trend of blossoming small businesses will continue to succeed. Seeing these owners take full advantage of state and federal resources is awesome. Also, I’m highly optimistic to see these owners reaching for any type of higher education they can find. Hard work and common sense have always been needed in small businesses, and I love seeing them become popular again these days.

“This is an Advertisement Feature”

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Is It A Good Time To Buy A Property Now In Australia?

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Justin Wang is the embodiment of a self-made entrepreneur. From unassuming beginnings to life as a property giant – he now personifies the paradigm for financial freedom. It always comes down to abundance as generated by collaboration.

Wang built PIA (Property Investors Alliance) when he realized the profitability of the Sydney residential property. His considerable charisma would spearhead a veritable empire of altruistic financial freedom.

Global Millionaire magazine recently caught up with Justin to ask him about the rising interest rates and whether now is an excellent time to get into the property market or not; here’s what went down:

How does the interest rate hike affect the housing market?

Now that the interest rate keeps increasing, there’s fear among first home buyers and potential investors because they’re not sure how this interest rate hike will affect the property market. Because of the interest rate hike, the price of properties has dramatically dropped, so if there’s a dip in the property price – should we buy now or wait?

Firstly, I believe the interest rate hike will not cause a dip in property prices – some people even predict the decrease to be as low as 20%. Keep in mind that the Reserve Bank is very cautious regarding the interest rate hike or how it can affect the property market. That’s because the property market, particularly Sydney Residential properties, involves a lot of families since many people, particularly parents, owe money to the bank.

But guess what? Despite the interest rate hike, people are still spending! So how can people keep spending even though there’s an increase in the interest rate?

Firstly, tourism is back – tourism is bringing money again to Australia. Secondly, there’s actually a low unemployment rate since people still have jobs. There’s also what I can refer to as “pandemic savings;” People still have savings because, for the past two years, people haven’t been spending that much due to the Covid restrictions. The government has given out over $260 billion of extra pandemic savings sitting in people’s deposit and mortgage offset accounts in support of Australians due to the Covid situation. This massive amount of money is definitely good enough to cope with the interest rate hike.

So for those who still believe that most people will end up selling their property for less than 20% of the actual price is wrong; they should not be worried at all due to the above reasons.

Buy or rent, which one is good for us at the moment?

Rent may be increasing at the moment, but I believe it’s still okay to get into the property market. Right now, the interest rate is going up faster than the rent is going up, so it might seem like it’s not a good idea to buy a property at this stage. For example, if you buy a $600k property, the mortgage repayments plus the ongoing costs to run the property will be much higher than what the rent can achieve – possibly 20% or even 25% or higher. Even if you use PIA’s buy and rent model, the rent might not be enough to cover mortgage repayments plus all of the ongoing costs.

So what’s the best thing to do? If you buy an off-the-plan property that will settle in 2-3 years, you’ll be able to secure today’s low price. We’re currently in the middle of a “buyer’s market,” which means that if you buy a property now that is due to settle in 2-3 years, you’ll skip over the high-interest rate period because, in 2-3 years, the interest rate will eventually decrease. You’ll be able to settle your property because your borrowing capacity should have increased by then. The rent may be able to cover your outgoing costs.

How should I act as a first home buyer in the current market?

If you’re a first home buyer, the best time to buy is now because the properties are cheaper, and due to the current interest rate climate, you’ll get special deals, rebates, and discounts from the vendors and developers. You just need to pay a 10% deposit for an off-the-plan property that’s due to be completed in 2 to 3 yrs, and this will enable you to secure today’s low price and skip over the current high-interest rate period. Your borrowability will increase when you eventually settle, and your rent may be enough to pay most of your outgoing costs.

When will the interest rate stop increasing?

I believe in 2-3 years’ time, the interest rate will stop increasing, and Inflation will also slow down – roughly around 2024.

Should we buy a property now or should we wait for a while?

If you’re smart, the best time to buy is now.

Right now, people are not buying properties because of the interest rate hike. If you buy later, when the interest rates are decreasing, you’ll struggle to secure a property because other people will also be rushing to buy properties. This demand will, of course, cause the price of the properties to be much higher. Therefore, getting into the property market now, while we’re in the middle of a “buyer’s market,” is the best way to go.

chelsieT

Meet The Entrepreneur Behind The Cover Of The August 2022 Issue Of Global Millionaire: Tel K. Ganesan

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A serial entrepreneur, sought-after speaker, and mentor for young entrepreneurs, Tel K. Ganesan single-handedly built a multi-million dollar IT company expanding it into an empire that now encompasses film, music, wellness, and more.

Ganesan’s enterprises include Kyyba, Inc., Kyyba Films, Kyyba Wellness, Kyyba Fashions, and Kyyba Music. He is the founder of two non-profits, including TieCon (Talent, Ideas, Enterprise) Detroit – the global organization behind TiECon, the world’s largest entrepreneurial conference – and Kyyba Kidz, dedicated to uplifting underprivileged women and orphans. Throughout every venture, his guiding principle centers on entrepreneurship as an effort to make people happy by solving their problems. And according to Ganesan, “Only a truly happy person can spread happiness to others.”

While happiness is an emotion-based state of being, Ganesan is not advocating building one’s business based solely on emotions. Instead, he maintains that healthy growth is balancing happiness with self-control. In this paradigm, decisions are made during moments of composure rather than in the adrenaline rush of initial excitement. To help guide the introspective process, Ganesan asks himself three key questions: Will this make me happy in the long run? Am I helping others through my activity or task? What would be the aftermath of my decision?

Ganesan’s success philosophy is less about immediate gratification than long-term satisfaction. And just because an opportunity passes the happiness test does not necessarily mean it will be easy to achieve. In Ganesan’s view, the yin and yang of business are balancing happiness with aspects like hard work, strategic planning, knowledge acquisition, and surrounding yourself with the right team. (Then, making sure to empower your team to derive happiness from the process, as well).

Following this approach, Ganesan finds a powerful rush in doing things that others are afraid to attempt. But striving to achieve difficult goals means that setbacks are bound to happen even when all elements are in order. Earlier in his career, Ganesan purchased a handful of companies without proper due diligence and experienced a financial tsunami when the 2008 recession hit. What did he do? He leaned into more of what made him happy, managing his responsibilities while continuing to pursue creative ventures. In every setback, there is a lesson or two. And each challenge taught Ganesan to seriously consider the “worst case scenario” before making big decisions. That way, he could plan for any unwanted outcome while working toward the most desirable.

Global Millionaire Magazine caught up with Tel to discuss his journey as an entrepreneur, and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started your business?

As a serial entrepreneur and movie producer, my closet is filled with many hats — all fun to wear. My journey started in the US when I came to pursue my master’s in mechanical engineering and landed at Chrysler in Motor City after that. With vast experience gained by working for over a decade, entrepreneurship stood as the guiding light.

At that point, it was a major life-changing decision to quit my well-paying job and secure life starting from scratch with me at the helm. I somehow managed to convince myself that the risk would pay off, and with all-encompassing enthusiasm, I dove head first into becoming my own boss. I took the initiative to invest in myself and all the knowledge, skills, and foresight learned from personal and professional teachings to kickstart the venture.

Kyyba Inc, a Michigan-headquartered IT company, became my launchpad with industry verticals in automotive, education, public services, financial services, aerospace and defense, insurance, transportation, technology, government, healthcare, and medical, manufacturing services, and oil and energy. Kyyba has newly adopted health and wellness through Kyyba Wellness and entertainment, giving way to Kyyba Films, a global film production, and distribution company. Portfolio expansion has grown my business to now having 700 employees plus working across the globe.

What are you currently doing to maintain/grow your business?

I love the quote, “don’t put all your eggs in one basket.” My businesses are highly diversified, and I believe that networking, upskilling, and keeping up with current trends and industry developments are essential to pack a punch. I consciously employ and surround myself with highly talented people to which I can help guide and empower them to own their lanes of expertise. This methodology allows less intervention round the clock and enables them to become better decision-makers.

I always emphasize the importance of networking, as it helps everyone to sprout new ideas, gain valuable insight, and analyze newer market trends. I make it a habit to evolve my contacts, submerge myself in new business circles, and travel to new places that help me to think differently and spark fresh ideas.

I am also a firm believer in maintaining a strict diet of primarily vegetarian/pescatarian and intermittent fasting, prioritizing meditation, and taking an East meets West approach to whole body health that combines the best of both worlds. Good thoughts and positivity attract blessings and catalyze the perfect body/mind/spirit connection.

What social media platforms do you usually use to increase your brand’s awareness?

I maintain a healthy mix of social media platforms to promote my brand and various businesses. Facebook owns a significant audience share and is best for promotion across geographies. Nothing outperforms LinkedIn when it comes to concentration on organic, professional connections. Twitter is quick, convenient, and gains faster reach, while our Instagram accounts are rapid-fire and often go viral. We have just begun integrating TikTok as Kyyba’s film, and music legs have taken off. Those audiences appreciate the fun factor and a less corporate feel to overall brand messaging.

What form of marketing has worked well for your business throughout the years?

When I started my business, much of our communication streamed through the formula funnel of emails, calls, and meetings. Today, our in-house team for traditional and digital lead generation is heavily vested in email outreach, web apps, mobile marketing, content marketing, ongoing SEO/SEM campaigns, and other proprietary tricks of the trade. Also, social media is a must for any business wanting to compete in today’s working environment. I am very proud of our well-equipped, global team who initiates and handles most of our necessary tasks online. However, we schedule in person when it’s time to close the deal. Hands down, my vote goes to digital marketing! Brand awareness (marketing + public relations + social media) = sales.

What is the most challenging decision you had to make in the last few months?

Heading a company requires a lot of ongoing, strategic decisions of risk/reward evaluation. One such important one of last was implementing a hybrid working model with flexible working hours. We at Kyyba have employees working worldwide in different time zones, continents, and capacities. Earlier in my ventures, we had fixed office hours and centralized operations with weekly meetings and team discussions.

While analyzing worldwide, the trend of great resignation was peaking globally, and it was essential for all entrepreneurs to retain solid talent. It is also important to change the organizational policy to be decentralized. We continued the meetings online, allocated tasks, and supported them remotely.

This paid off for Kyyba as we have now connected all our team members through cloud activity. This flexibility has led to better team spirit and motivated Kyyba members to achieve their goals. The company is now in growth mode, expanding into more dimensions. My employees are happy with this model, and so am I.

What do you think you came into this life to learn, and what do you think you came here to teach?

I believe “there is light at the end of the tunnel.” One has to be very patient when going through difficult times. The testing period is the best teacher you could ask for, as it will impart a depth of knowledge. It strengthens, liberates one from fears, builds character, and provokes the courage to try new things. My life was no different. I have run into many challenges and gained insights into every one of those bumps in the road. Today I implement the education and growth I’ve experienced along the way into my personal and professional life.

I would teach that the pursuit of life is happiness and to lead each day with self-confidence. If you do anything wholeheartedly, the result will be fantastic. When you love what you do, you can ensure that you are investing yourself entirely! Happiness is contagious, and as a leader, I want my employees to feel good about coming to work every day. I want those who meet with me to expand my business to walk away feeling my authenticity and appreciation for our shared time. You will achieve greater heights of success, too.

How different is it to have a business within the IT and film industries? And which one do you prefer?

In terms of creativity, dedication, and work, both industries are time-bound and require tunnel-vision, resiliency, and steadfast commitment to succeed. IT is exciting because of continuous technological advances, but it carries more of a traditional work environment feel. The film industry is by far edgier and more glamorous, with exclusive access where one can gain fame, exposure, and stardom quickly. My popularity meter began to rise after becoming a movie producer. My likeness is better now as a film personality than a techie, thanks to Kyyba Films’ success. Honestly, I enjoy working in both industries as they offer unique opportunities. I appreciate the different people and personalities attached, too. It’s always a win when I can combine my right and left brains.

If someone is going to make your life into a movie, who would play you?

Hands down, I would cast Regé-Jean Page to star as me. His body language, smile, and overall appearance share similarities. His aura is impressive, and I appreciate his on-screen presence. I’ve enjoyed many of his roles and OTT series.

What is the best advice you have ever been given by someone?

The best advice of my life came from a well-respected entrepreneur when I first opened my company. He emphasized the importance of investing the soul to the cause we believe in and leaving a legacy behind. And once we find our passion, we must work toward reaching the goals of success despite whatever hurdles are standing in the way. Entrepreneurship is like a ride on a catamaran on a mammoth, stormy ocean — the more significant the risk, the better the reward. We also must give back to society and shine our skills and knowledge on a good cause to support underprivileged people who are desperate for support.

What advice would you give to a newbie Entrepreneur setting up their first business?

Entrepreneurship is about adding values and finding solutions for challenges people wish to do away with altogether. It is essential to research the field of interest and gain insight before diving deep. You must constantly be in tune with your industry’s advancements and stay at the forefront of its trends.

Discover and decode your keys to happiness. Follow your passion and seek joy in all pursuits. Make resilience and patience your best of friends, as there may be some rainy days that require a healthy blend of peace and perseverance. Once you find happiness in your work will feed your passion and zeal, allowing you to become your best self.

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5 Ways To Take Advantage Of A Bust Property Market

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Challenging economic circumstances, including rising inflation, steep interest rate hikes, and a looming recession ahead, have caused the property market to decline. The buying ‘frenzy’ of the pandemic property boom is over, and home buyers and investors alike are feeling wary about making the life-changing decision to purchase property in this economic climate.

Lloyd Edge, Founder and Managing Director of Aus Property Professionals, says, “Already property prices have fallen in major capital cities like Sydney and Melbourne, and we should expect to see the market slow by a further 10 percent to 15 percent in the next few months. For savvy property investors and home buyers, the declining market presents an opportunity to get better value for their money.”

Lloyd has recently launched his second best-selling property book Buy Now: The Ultimate Guide to Owning and Investing in Property, which includes practical tips for people looking to buy a house, whether in a boom or bust market and strategies for how to make the best of the economic circumstances that you’re in and use it your advantage.

Lloyd says, “I began my own property journey at the age of 28, buying a one-bedroom flat on a teacher’s salary of no more than $70,000 per year. At the time, I had no idea I was going to become a serious property investor. Fast-forward almost two decades later and I’ve grown my portfolio to 18 properties worth $15 million. I had to persevere and learn a lot of hard lessons along the way, and now I want to share my knowledge and help people find the same success in property as I have.”

For prospective buyers, particularly first home buyers or aspiring property investors, Lloyd shares his top advice from Buy Now that will help you to break into the market and get better value for your deposit:

  1. Look for below-market value properties: A buyer who pays under the perceived market value of a property will have made instant equity on the property, meaning that they’ve made a profit from day one and can use this equity to keep building their property portfolio. One way to find a below-market value property is to use a buyer’s agent. A buyer’s agent can help you buy under market value because of their negotiation skills, contacts with local real estate agents in their areas of expertise, and their ability to uncover off-market gems. However, you can also do it yourself by researching the recent sales of similar properties in the same area and seeing if you can negotiate a better deal with the real estate agent.
  1. Motivated sellers: So, how do you find a below-market value property and snap it up quickly for a bargain price? One way is to buy a property from someone in need of a quick sale. It could be because they’ve bought another house and need to close the sale on their current property quickly, or they could be a developer looking for a quick sale to pay off outstanding debts. However, this advice comes with a word of warning, as some sellers may want to sell fast because there is something wrong with the property, so it’s always advisable to do an in-person inspection and commission a full property report and pest inspection.
  1. Be willing to negotiate terms: In cases of motivated sellers, if you can be flexible on the settlement terms of your contract, this can put you a head above other potential buyers, as flexibility is a strong negotiation tool to bring to the table. Suppose you are able to settle in as little as 21 days instead of the standard 35 or 42 days or offer an unconditional offer with no cooling-off period at all. In that case, you could find yourself getting a much better deal on a property, and it will make your offer look far more attractive, even if you’re not necessarily the highest bidder.
  1. Be proactive with finances: Before you begin your property hunt, a mortgage broker is the first person you should speak to. A mortgage broker will be able to tell you what your borrowing capacity is and help you secure pre-approval on your loan- this will ensure you don’t miss out on properties while submitting your paperwork and waiting for the banks or brokers to get back to you. If your finance is ready to go, you’ll have the option of making an unconditional offer. You’ll also be aware of any other conditions the seller has included in the contract, so you can accommodate these for a greater chance of success.
  1. Be known to local agents: If you’re ready to go, reach out and get in touch with local real estate agents. Let them know your buying criteria and budget, and ask to be contacted with off-market opportunities and when new properties are listed. Ask to be added to their mailing list so you’re one of the first to know about new listings and to inspect a suitable property when it becomes available.

Lloyd says, “One of my favourite mantras is ‘No-one ever got ahead by waiting.’ Too often I’ll meet people who say they’re not quite ready to buy just yet, they’re waiting for property prices to drop or interest rates to go down. Meanwhile, while they’re waiting property prices start to rise again, and they’ve missed out on the opportunity to get better value for their money. My advice to people in this situation would be buy when you can afford to, when your finances are in order, and ultimately, you’ll be better off in the long run.” 

This article was sourced from a media release sent by Kathleen Quere @agent99pr.com

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Meet Lindsey Carnett, The CEO & President of Marketing Maven

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Lindsey Cartnett started Marketing Maven after working at a public relations firm in Los Angeles, being the Marketing Director for a Scandinavian publicly-listed biosciences company, and starting a PR division for a multi-million-dollar advertising agency in Los Angeles. After many hours on the road commuting, at 26 years old, she was fearless and started Marketing Maven at the beginning of the Recession. She wanted to bring accountability to the public relations industry the same way that direct response advertisers brought attribution to their media dollars spend. She announced that she was doing PR for DR, meaning Public Relations for Direct Response, and launched into the direct-to-consumer marketing world, which had been her work experience from the early part of her career.

Global Millionaire recently caught up with Lindsey to discuss her journey as an entrepreneur and here’s what went down:

What are you currently doing to maintain/grow your business?

Today, Marketing Maven looks very different than it did in 2009. When Marketing Maven was born, the service offerings included Public Relations only. We have since added social media marketing, digital advertising, influencer marketing, email marketing, event support, market research, and creative services, including copywriting, graphic design, and website development. Marketing Maven is now bicoastal, with its headquarters in the Greater Los Angeles area and offices in New York City.

Marketing Maven continues to grow because we practice what we preach. We contribute articles to noteworthy media outlets, speak at conferences, have award-winning campaigns, announce significant agency news, and establish strategic partnerships that allow us to advance.

We also put our money where our mouth is in terms of having the core value of a growth mindset. This means being lifelong learners- something of paramount importance in a constantly evolving industry. Marketing Maven allows for education time for each employee and even sponsors it, so we are investing in employee education to improve our skill sets, learn more about the industries our clients work in, and cross-train our fellow staff. Our emerging leaders are strategically placed in leadership development programs and acquire new skills that they bring back to Marketing Maven.

What social media platforms do you usually use to increase your brand’s awareness?

Marketing Maven uses LinkedIn, Twitter, YouTube, Facebook, and Instagram to increase brand awareness. Each platform is important for current and prospective clients, new hire recruiting, and employee engagement.

What is your experience with paid advertising, like PPC or sponsored content campaigns? Does it work?

Paid advertising only works if you have a solid strategy and Key Performance Indicators (KPIs) that you’ve established to gauge success. It’s important to start with a competitive analysis, understand your target audience and know what’s going to drive them to convert into qualified prospects. It’s more than getting a lead to your website. You must have a plan to keep them, as a nurture campaign with a series of relevant emails that have a substance of value to ultimately convert them into a valuable client.

What is your main tactic when it comes to making more people aware of your brand and engaging your customers? How did your business stand out?

Pre-pandemic, we’d walk tradeshows with clients, and they would do all of the selling for us. The best advocates are your existing clients who can show others the great work you’ve done for them. Today, we are working with our clients on case studies they are proud of that we can share with prospects to showcase our work. We are also submitting case studies for awards so we can highlight award-winning campaigns in our marketing efforts. It’s great for our clients and for us!

What form of marketing has worked well for your business throughout the years?

Word of mouth is the best form of marketing that has worked well for Marketing Maven throughout the years. Most of our business comes via referrals, so LinkedIn connections, one-on-one consultations, and a customized approach have proven successful year after year. We often do unique direct mailers before trade shows to request appointments and express our interest in working with specific brands.

What is the toughest decision you had to make in the last few months?

The toughest decision I had to make in the last few months was about office space. It’s hard to predict the post-pandemic office environment, but I think the hybrid office is here to stay, at least during the next 5 years.

What money mistakes have you made along the way that others can learn from (or something you’d do differently)?

When I started Marketing Maven at age 26, I thought it was bad to get a business loan, so I put all my expenses on my personal credit cards. It wasn’t until I got more education about business financing that I realized that was a big mistake. I received an excellent education about business finances through the Goldman Sachs 10,000 Small Businesses Program.

What new business would you love to start?

I have many ideas for new businesses in many industries. Some are service-based and others are product-focused.

If you could go back in a time machine to when you were just starting, what would you do differently?

I would have invested more money in seasoned industry veterans with proven success in my industry who weren’t already from my existing network. I think that would have accelerated our growth even more meaningfully. The flip side is I have many great memories with people who I know, love, and trust. And to know I helped them get started and trained in their careers is very rewarding.

What is the best advice you have ever been given?

The best advice I received was from my first PR boss. He told me that to be successful in this industry, I needed to have tough skin. I couldn’t let the little stuff get to me or it could eat me alive. I was to think of oil and water and just let anything negative roll off me. I still remember the pep talk to this day!

What advice would you give to a newbie Entrepreneur setting up their first business?

My biggest advice to a newbie entrepreneur setting up their first business is to ask for help. I didn’t realize the number of free resources for entrepreneurs until I was years into my business. There’s SCORE, SBDC, WEV, and the list goes on! Many entrepreneurs are too proud to ask for help, but I will assure you that there are many blind spots along the journey, and being humble will get you a lot farther than being proud. Sometimes you don’t know what you don’t know. And to sit with that thought and being okay with it is the first step to seeking help from someone more seasoned with your best interest in mind.

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5 Surefire Tips To Become A Top-Notch Content Creator In 2022

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Every day, new digital content creators are popping up on our social media timelines. As the online sphere continues to grow, anyone with an internet connection can easily venture into content creation and share their ideas and talents with the world with just a click of a button. The challenge, however, is how to stand out among the rest.

For prominent social media personalities Phillip Hernandez (popularly known as the CEO of “smooth promotions” Davao Conyo) and Yumi (one of TikTok’s biggest bird moms), anyone can be a successful content creator like them as long as they put in the work and build a strong connection with their audience. After all, they did not gain millions of followers overnight.

Here are five tips they shared to help content creators unleash their creativity and discover their passion in the online space:

1. Start now and don’t be afraid.

Yumi didn’t take too long to post videos when she made her TikTok account. When she discovered the potential of the platform to grow, coupled with her interest in joining the vlogging community, she took the opportunity immediately. She said, “If you already know you want to start creating content, take action now. You are the only one who can make it happen.”

Phillip also jumped in, saying that people shouldn’t be afraid to try creating content even if they feel they don’t have the talent for it. “On the internet, there is a space for everyone,” he added, believing that every person has something valuable to share.

2. Observe trends and people to craft relatable content.

Creativity is necessary if you want to create content regularly. Yumi, who is followed by over 4.2 million people, shares her life as a K-Pop stan, casual gamer, and mother of six pet birds. Even if she simply shows a glimpse of her daily experiences, she tries to keep it fresh and exciting by using trending topics and challenges to incorporate into her videos.

Phillip, whose hilarious dubs and skits are loved by 3.9 million people on Facebook and TikTok, likes to observe people and real-life situations so that his viewers can recognize themselves or their friends and family in his characters. He always tells people, “Your content should be relatable. No matter how funny a joke is, if it’s an inside joke that not everyone will get, then it’s useless.”

3. Find meaning and passion in what you are doing.

According to Phillip, making content is more than just a job for him because telling stories and making others laugh is his passion. This passion of his inspires him to execute better outputs for his audiences.

Yumi has also grown to love sharing her stories and views her platform as a chance to make others smile and feel inspired. “I want to be an inspiration to the youth and show them that they can have bigger dreams. I had people I looked up to when I was young, and I want to be like that for them too,” she shared the big dream motivating her every day.

4. If you want to work with brands, show them that you are easy to work with.

Some content creators have made a career out of their talent, and brands reach out to them so they can help promote the brand’s products and services. Phillip has worked with several brands over the years, especially since he’s famous for his skits’ unexpected yet amusing brand intrusions.

One of Phillip’s main pieces of advice is to understand your audience and the brands you work with. “If you want to make a living out of content creation, you have to show companies and brands that you are easy to work with, and they can incorporate their brand in your content,” he said.

Aside from attitude and creative ideas, content creators need to show brands that they are capable and equipped with the essentials needed for them to deliver the brand content in the best quality possible.

Watch Davao Conyo, and Yumi’s SKY Fiber branded TikTok videos for a guide on how they create content for brands.

5. Subscribe to an internet plan that fits your lifestyle as a content creator.

An online content creator’s schedule requires them to stay connected with their clients and audiences virtually. Given that it’s also a work-from-home set-up for most, a good quality internet connection helps them keep up with the job’s daily demands.

For Yumi, having a WiFi signal anywhere in the house is essential for content creators since they usually shoot videos and work in different parts of the house. Phillip added that affordability is also important. While they may earn from their online content, they are still budget-conscious consumers.

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It’s Official: Rihanna Is Now The Youngest Female Self-Made Billionaire

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Rihanna is now officially the youngest person at 34 years old on Forbes’ 2022 list of self-made female billionaires in the United States amassing a whopping net worth of $1.4 billion.

Back in March 2019, Kylie Jenner held the title of youngest self-made billionaire after signing a distribution deal with beauty retailer Ulta for Kylie Cosmetics products. Forbes reported that this move helped increase Kylie Cosmetics’ estimated worth to “at least” $900 million, making Kylie a billionaire. However, in May 2020, Forbes published an article saying that their staff “recalculated Kylie’s net worth and concluded that she is not a billionaire,” but rather a “more realistic accounting of her personal fortune puts it at just under $900 million.”

Rihanna⁠ (co-owner of Fenty Beauty and holder of a 30 percent stake in her Savage x Fenty lingerie line⁠) also happens to be Barbados’ first billionaire, according to Forbes, as well as the only woman under 40 on this year’s list of female billionaires in the U.S.

Rihanna⁠ has been teasing that she has new music in the works, so her net worth may soon go up once her new music hits the music scene.

“I’m looking at my next project completely differently from the way I had wanted to put it out before. I think this way suits me better, a lot better,” she told Vogue. “It’s authentic, it’ll be fun for me, and it takes a lot of the pressure off.”

Editorial credit: Andrea Raffin / Shutterstock.com

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10 Surefire Strategies That’ll Help You Create A Profitable Facebook Page

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What began as a way for Harvard college students to connect with each other has now grown into one of the world’s biggest social networks and the best marketing resource out of all the other social media platforms.

Facebook currently has over 200 billion active users.

Yes, you read that correctly, 200 BILLION users.

Hence the reason why Facebook remains ahead of other social media platforms when it comes to social media marketing. This is also the main reason why I highly recommend all entrepreneurs to get serious about promoting their businesses on Facebook by creating highly engaging Facebook business pages because that will translate to money in your pocket.

So how can you make your Facebook page more profitable?

Simple, you need to attract potential customers by engaging them first on your Facebook page and then eventually driving them to your website. But here’s the thing, you have to do it organically though. Doing this organically won’t cost you anything besides your time and effort. You need your customers to engage with your content because the more organic reach you have, the better your chances are of converting potential buyers into actual buyers.

So the big question is: how can you engage potential buyers? How can you get organic reach?

Well, first we need to take a look at how Facebook’s news feed algorithm actually works first. Then we can take a look at some practical strategies we can implement to increase your business page’s organic reach.

There are a ton of factors that decide which posts eventually show up in a user’s news feed. Adam Mosseri, the VP of News Feed at Facebook, explained in detail how the algorithm works by presenting a real-world problem – he compared it to ordering something for his wife at a restaurant as an example.

Adam broke the explanation down into four steps:

1. He goes over the menu to determine what his options are.

2. He takes into account all of the information that is at his disposal (for example, what does his wife like to eat, is it lunch or dinner time, what’s good at the restaurant?)

3. He then comes up with predictions in his head (for example, would his wife enjoy having salmon for lunch today or would it be weird if he ordered her a chocolate soufflé for breakfast?).

4. After considering all of this information, he’ll be able to then place his wife’s order.

Here’s a quick summary of his explanation:

Inventory – What’s on the menu?

When you first open your news feed, Facebook’s algorithm immediately takes an inventory by reviewing all of the stories posted by your friends as well as the pages you follow which is similar to Adam reviewing the menu.

Signals – Is it lunch or dinner time?

Facebook then reviews all the available data and tries to decide how interested you may be in a particular story. Facebook refers to this information as “Signals”. This is what Facebook uses to rank your content. Facebook takes into account things like who posted the story? What’s the frequency of posts from that person? What’s the average time spent on the content? What phone is the user on? What time was the content posted? What’s the overall engagement the post already has? When was the story posted? Facebook even takes into account your friend’s tags or even recent comments from a friend.

Predictions – Would she enjoy the salmon?

Facebook then uses these signals to create predictions and calculate the probability of specific outcomes; for example, how likely are you to click or comment on a story? How likely are you to spend time or share a story?

Score – Place an order.

After coming up with predictions and calculating the probabilities, Facebook combines all the information it has gathered to calculate a “relevance score,” an actual number that represents how interested Facebook thinks you may be in a particular story.

Adam eventually pointed out that Facebook doesn’t really know how interested you are in a specific story – it’s an educated guess at best. In a nutshell, Facebook’s algorithm uses these four steps to help it decide as to how to rank your content in the news feed.

So what’s Facebook’s ultimate goal for its News Feeds?

Just like Google, Facebook cares the most about its users. Facebook only wants its users to experience high-quality and relevant content.

So how can you boost your Facebook organic reach taking into account its constant algorithmic changes? Below are ten effective strategies.

1. Focus on providing valuable content rather than reach

Going after Facebook’s organic reach can only get you so far. In hindsight, it should just come secondary to providing valuable content because your audience should come first.

When you post Status updates – your primary focus should be engaging your followers and getting likes and comments. When you post links – your primary objective should be driving traffic to your website.

So how do you do that?

Simple, you need an attention-grabbing headline as well as an attention-grabbing photo. The post should also be short; it should just be around 40 characters or less for maximum engagement. Here’s a perfect example from Buzzfeed.

2. Find out what your audience wants

What better way to gain engagement than by finding out what your audience actually wants?

Maybe they want to see photos? Or perhaps they want links or videos?

The best way to find out is through your Facebook Insights which I will explain in more detail later. You need to keep a sharp eye out and figure out which content gets more likes and shares.

Another way is to conduct a voting poll on your Facebook page to figure out what content appeals to them the most. You can create a Facebook voting poll by clicking this link on your page.

3. Build authority

It’s nowhere near enough to just focus on increasing your business page likes because realistically, the number of likes on your page gives no indication as to how the content you post will perform.

What really matters is building authority and a strong presence online because by being an authority in your field, you’ll be able to command your audience to respond favourably to your posts. Therefore, they will be more likely to positively engage with your content.

If you want to increase engagement on your page here’s what you can do:

– Only post content that is relevant to your business and make sure that you post consistently.

Posting about a cute cat video on a business page that sells plumbing tools is just plain dumb and will get you 0% engagement because you’re just posting irrelevant content.

– Promote your Facebook page on your other social media platforms.

If you have a huge following on other social media channels such as Instagram, Snapchat or Twitter, you can leave a link of your Facebook page in their bio section.

– Use your audience insights to track and analyze your organic search.

You need to identify where your weaknesses are by gathering significant metrics to measure your page’s performance. Without this data, you won’t know where to focus your efforts on.

4. Publish compelling content

You need to publish “evergreen content” if you want to engage your followers – a type of content that is always relevant to readers and highly unlikely to become immediately dated.

The word “evergreen” is usually used by editors referring to the type of stories that are always interesting to readers. The idea behind this kind of post is to write compelling stories that can be easily found by search engines while making sure they are always fresh (forever green) without needing to be updated so that your followers engage with your content.

Once you’ve found a compelling post that has gone viral, you can always repurpose that post by taking note of this content and approaching that piece of content and putting a new spin on it, or changing the context. Make sure you publish your repurposed content at different times. This guarantees that there always be some fresh eyes that get to see and engage with this “new” content.

5. Share other people’s compelling content on your page

Another smart way of getting your followers to engage in your page is to look at other similar Facebook pages from across the internet and share their viral content on your page.

Here’s the thing, you can’t just press the share button, and that’s it. Instead, you need to put a different spin on it. A great example is Problogger’s reading roundup of posts related to blogging. It’s a great way of putting a new spin on other people’s engaging content.

6. Post content when it’s the best time to post on Facebook

The best time to post on your Facebook page is when your followers are active on the network. This data garnered by Optimal times shows 20 studies that prove that posting at the best days and times will help you get more traffic, more engagement, and of course, more followers.

This data taken from 20 studies proves that posting at the best times will help you get more traffic, more engagement, and more followers.

Of course, I don’t recommend that you blindly follow this post because every Facebook page is different, I live in Australia, and I find that for my pages, the best time to post is past 5 pm on a weekday as most of my audience are on their phones on the train on the way home and around 3 pm on weekends.

But to make it easier for you, I suggest that you take a look at your Facebook Insights to find out exactly when your fans are online.

You go to your Facebook Insights and go to post, and you’ll see the most popular times your audience visited your page. You can even monitor the social media marketing posting strategies of your competitors by visiting Fan Page Karma if you want to take a peek how your competitors are going.

7. Keep an eye out for the latest Facebook app updates

Just like Google, the Facebook app gets updates all the time. You need to be on top of these updates because there’s always a new feature released and you need to take advantage of these updates so you can master it faster than anyone and be ahead of the game.

Here are some updates worth noting:

Facebook stories: Similar to Snapchat and Instagram stories, Facebook stories are short user-generated photo and video collections that can be viewed up to two times and disappear after 24 hours.

360-degree photos and videos: this feature gives you the ability to capture a 360, panoramic view of pretty much anything you want.

Video autoplay: Facebook users no longer have to manually tap the play button to play a video. You can now watch a video while still scrolling through your news feed.

Facebook offers: This feature enables you to create and share coupons, discounts, and other promotional offers on your Facebook business page.

8. Share your content on your Facebook Profile

If you want to boost post views on your latest post, then you need to first share a post on your Facebook page then share it from the page on your personal Facebook profile.

This is a useful technique for posts that you feel would resonate well with your Facebook friends. There’s also that chance for them to share your content if they like it so your brand will be exposed to a new crowd.

9. Use hashtags effectively

If you’re always on Facebook, then you’ll surely be familiar with hashtags and how they actually work.

But do you know how to use them efficiently for maximum engagement?

After analysing more than 1 billion Facebook posts from over 30 million pages, BuzzSumo discovered that Facebook users are in fact prone to hashtag fatigue. Posts with a lot of hashtags shockingly performed worse than those without.

Therefore, hashtags should be used in moderation – according to online marketing guru Neil Patel only two hashtags maximum should be used in any given post.

Why only two?

After analyzing 200,000 brand posts on Facebook, SurePayroll discovered that interactions were highest when only one-two hashtags were used that’s why.

To make the most of hashtags, your hashtags need to be unique so that it doesn’t get confused with anyone else’s. You can also use your hashtags to search for your content. This way, you’re enabling your users to continue to refer to your past content by carrying out a hashtag search.

10. Run a competition

Facebook contests are an excellent way to establish brand presence quickly.

First, you need to determine the reason for the poll, are you looking to generate more fans or more leads? The answer to this question will decide what you’ll do next.

Next, you need to figure out what sort of competition you need to run. If your goal is to get more emails then you need to establish an email grab system, if your goal is to get more followers on your Facebook page, you can require willing people to follow and like your page before they can enter the competition. Just make sure you have a decent price for the winner of the contest, offering something silly like “exposure” on your Facebook page is not going to get you anywhere.

Don’t forget to review Facebook’s guidelines when it comes to running contests and challenges before you start any contest – you don’t want Facebook to shut down your Facebook page for not following instructions.

Let’s face it, Facebook is an incredible marketing tool.

As long as you put into practice the ten strategies that I’ve enumerated above, you’ll definitely be well on your way to improving your organic reach and generating more income for your business.

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5 Surefire Tips That Can Help Businesses Thrive In The New Normal

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SKYBIZ, the business solutions arm of SKY Cable Corporation, partners with Microsoft’s Crayon Software Experts Philippines, Inc. to help entrepreneurs and enterprise owners shift and grow amid today’s digital age of doing business as it conducted a special webinar event, showcasing the features of the all-in-one business suite Microsoft 365.

Alongside the introduction and demonstration on how to use Microsoft 365 to help in aiding business operations in today’s times, the event, in line with SKYBIZ’s ongoing Grow Together campaign, shared business tips and factors to consider to sustain work progress and productivity.

Here are some key takeaways from the webinar hosted by SKYBIZ and Crayon Software Experts Philippines, Inc. that would help small, medium, and large enterprises grow their ventures to new heights in today’s age of digital transformation:

1) Business alteration and reset

Indeed the pandemic has changed our way of living, including how we do business.

According to Crayon Philippines’ solutions architect Danica Francisco, many businesses are finding ways to make their businesses thrive amid these uncertain times, ushering the new normal in how we communicate and transact with our clientele.

“We’ve seen how businesses changed and shifted focus on making their ventures thrive. I’m not only talking about the large enterprises, even the small businesses. Here, we could see the resiliency of these businesses, some didn’t make it, but others thrived in today’s times,” Francisco shared.

Shifting to digital could be beneficial for many business owners in order to cope with the ongoing new normal set-up and make operations accessible and run more smoothly.

2) People are the driving force behind progress

Despite the ongoing shift in today’s digital transformation, people are still pivotal in driving success for all businesses.

With this in mind, companies and smaller businesses alike should continue addressing the needs of their employees to establish trust and bolster rapport in boosting work productivity.

Plus, considering a more work-friendly set-up for workers, including the implementations of work-from-home or hybrid arrangements, would be beneficial in promoting work productivity and safety.

“It is important for organizations and companies to address their current needs. We know that it is difficult to go to work due to these uncertain times with COVID affecting the transport sector. We need to think of how we can help our people to stay motivated at work,” Francisco added.

3) Real-time collaboration

One of the worries of business owners is how flexible working set-ups would hamper real-time collaboration, with employees now working apart from one another to maintain their safety.

But with the help of modern technology, including the Microsoft 365 business suite, businesses can run smoothly as usual with real-time collaboration applications that would help them interact with one another and continue doing their work together virtually.

Another vital factor to note in virtual real-time collaboration is to introduce a user-friendly interface so all employees, whether tech-savvy or not, can seamlessly conduct business activities without the worry of being left behind.

4) Strengthening digital security

Going digital may also introduce new risks, including cyber threats that would potentially affect one’s business.

From stealing personal information to breaching bank funds, investing in additional digital security measures is key to protecting all crucial data from hackers and other digital perpetrators alike.

5) Taking note of costs

Shifting to digital may also be heavy on the pockets of most businesses.

With costs in the equation, it is apt to find an all-in-one solution to cut costs while enjoying the benefits of virtual real-time collaboration and digital security.

This is where Microsoft 365 enters, providing a business suite for collaborating through its Teams app with access to all of the essential Microsoft Office applications, which is helpful in documenting and presenting their day-to-day progress.

Plus, its security features also ensure companies and business ventures that their vital information is locked in within their system to avoid potential digital threats, whether on mobile or on their computers.

Together with SKYBIZ’ reliable internet connectivity, users can fully utilize Microsoft 365 and integrate it in their day-to-day activities at ease.

Upon subscribing to SKYBIZ’s BIZBB PRO Fiber, it comes with speeds of up to 200 Mbps and free access to Microsoft 365, plus gift vouchers from Grab or ABS-CBN Dash to help in sustaining business growth in today’s digital age.

Business owners can also subscribe to SKYBIZ’s BIZTastic Bundeals, which also come with fiber business internet connectivity, plus access to Microsoft 365 and a free ABS-CBN Dash voucher. Promo is extended until June 30, 2022.

To know more about SKYBIZ’s internet plans and promo updates, visit www.skybiz.com.ph.

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Meet The Entrepreneur Behind The Cover Of The June 2022 Issue Of Global Millionaire: Anouk Brumfield

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Having worked with teams for over thirty years, including C-suite managers, she brings deep experience from many industries to the consulting arena. With a track record for driving successful and efficient large enterprise initiatives, the people she works with are assured of a dynamic outcome, leading to profitable growth, transformation, or product innovation.

Anouk is also a highly sought-after motivational speaker who coaches entrepreneurs where she teaches and encourages entrepreneurship through a unique blend of mindfulness and strategy. By helping aspiring and experienced business leaders gain a greater perspective, she inspires them to get the job done efficiently, get it done right and assume a positive outlook. This doesn’t just help productivity; it improves morale throughout the organization. Over the years, it’s been evident to Anouk that people respond best to those who work hard, get things done and take a task from beginning to end efficiently – which is something she prides herself on doing. Besides working with Fortune 500 companies, Anouk works with colleges, universities, non-profit organizations, and her community as well to help more people reach their potential.

Global Millionaire Magazine recently caught up with Anouk to discuss her journey in the industry, and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started?

My grandparents reared me in Shreveport, Louisiana. My grandmother was a very strong and wise lady who taught me the value of hard work and the importance of building, nurturing, and sustaining relationships. She also instilled in me that I can do ANYTHING. Early on, I cherished learning new things. I love a good challenge, and I establish short-term and long-term goals. I started my professional career in the oil and gas industry. Now, 30 years later, I have been afforded the opportunity to work across several different industries and perform in various capacities. My focus has been on building a diverse background and being a flexible asset. There have been several times that I had to reinvent myself. I have an accounting degree, and I started my corporate career in accounting.

I now work as a VP/Senior Partner for IBM, where I am responsible for the global strategy, organization, and business performance of Blockchain Services. In this Executive role, I partner with client and industry leaders, global consortia, and venture firms. I am focused on delivering accelerated client value in the advisory and creation of new business models coupled with intelligent workflows powered by blockchain AI and hybrid cloud. As a proven COO and serial innovator, I am known for driving global businesses and strategic growth initiatives in a profitable and scalable way, inspiring change, and delivering brand breakthroughs for clients. I have significant experience helping teams and people reach their full potential, creating a growth culture with delivery excellence. I have successfully created, led, transformed, and delivered various CEO-focused programs and businesses across my previous executive and leadership roles in sales, delivery, operations, consulting, account management, and business transformation. I have built winning and empowered teams whose results are recognized by analysts as market-leading and market-making. I am active in various global diversity initiatives and mentor a large talent population.

I help businesses grow with my cross-industry and cross-domain background. I thrive off of starting and recovering organizations and businesses. I am most passionate about helping others; therefore, I spend a lot of time mentoring and coaching people. I also do a lot of community service and participate in various nonprofit organizations.

How would you describe your leadership style?

That is a very good question because I have to admit that my leadership style is different now than it was 20-25 years ago. My current leadership style prioritizes focusing on people since they are our biggest asset. I spend time getting to know my employees so that they can see I sincerely care about them as individuals. I drive with simplicity and clarity and empower people to do their job responsibilities without micromanaging. I challenge people to be the best, and I have high expectations.

What factors do you consider when defining long-term goals?

I have ‘personally’ learned it is important to ensure goals should not conflict with your values. And throughout life and life’s seasons, your values may change, so it is important to know that you can adjust your goals along the way.

So the key factor I consider when defining my long-term goals is my values.

What is your method for shaping a company culture?

I bring my authentic self to work every day. It is important that everyone brings his/her authentic self to work every day. We each must strive to be our best version of ourselves. We should all come to work as an original. Be ourselves because everyone else is taken anyway. If we all do this, we help build the culture. We help build a diverse and inclusive environment. We help to be the catalyst for the change.

What is the most difficult decision you had to make in your position?

Companies are around to drive profitable revenue growth and to serve their clients and their employees. I had faced times when I had to be bold and take risks to ensure my employees were being treated fairly. I have had to stand up for them. I had to be their voice. I had to speak up in some very sensitive situations. I had to be an upstander. I had to do the unpopular thing at times and be willing to be misunderstood, but I was okay with that when I knew in my heart of hearts that I had to do what was right by my employee at all costs.

Secondly, I also have had to be an advocate for my clients at times to make sure we are listening to what they wanted and/or needed and not trying to sell them something that they did not want or need.

What do you like to do outside of work?

I really love spending quality time with my family and friends. I love to laugh and have fun. I really enjoy reading, traveling , and exploring new and different things. I am recently engaged to be married and love spending time with my finance’ and am looking forward to building a life with him.

What are your greatest professional strengths as a senior partner?

Building meaningful relationships with the team and our clients is my biggest strength. I have also mastered how to keep things simple while staying focused and driving client outcomes to obtain strong business results.

It is all about serving. I pride myself on being an outstanding servant leader.

What does success mean to you?

Helping others. Paying it forward is success to me. I have benefited from so many great mentors and sponsors along the way that I feel compelled to make sure I am benefiting others as well. At this juncture in my career, I am most concerned about helping others obtain their goals… which is success to me when I can pay it forward and help the next person.

What motivates you to succeed?

I feel very motivated when I think of all of the sacrifices my grandmother made for me. She is my driving force. She passed away some time ago, but I want her to look down and take pride in the little girl she reared. I know that I can, I will, and I must, which is something that I keep at the forefront of my mind. I have a saying posted in my room that says, “This Girl can DO IT.”

How do you deal with conflicts in your workplace as a senior partner?

It is important to pick your battles. Not every battle is worth fighting. Not every battle is worth fighting immediately. When there is a battle I determine that must be addressed; I address it directly with facts and without emotions.

What would you consider your biggest achievement?

My biggest achievement is that I have the privilege to be in a position to help my family, friends, and community.

What advice would you give someone who wants to follow your footsteps?

Know yourself, Be Your Self, and Surround Yourself. Let me dive into each of these. Know yourself is where you make sure you align to your values. Be Yourself is about being authentic. Surround Yourself is to remember that no one gets there alone, so build your network of mentors and sponsors and ask for help when needed.

Know that you can do it. When I was little, one of my favorite quotes was, “Shoot for the moon, and if you miss, you will be amongst the stars.” Set goals, and then just do it and breathe and enjoy the journey. And on the journey, give grace to others as God gives it to us!

“This is an Advertisement Feature”

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Five Key Reasons To Invest In Real Estate Right NOW

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Investing in real estate can have several benefits because you can leverage real estate to build wealth. You can enjoy passive income, excellent returns, and even tax advantages. If you’re thinking about investing in real estate, here are five reasons why Sydney property investment makes sense.

1. It’s a more stable investment

When you invest in property, you can expect that your return on investment will be more predictable than it would be if you invested in the share market. Sydney property investment is one of the most stable investments you could explore. People always need houses, and it’s an asset that is more likely to appreciate in value as regions experience growth over the years – just make sure you research your suburbs carefully when deciding on a location.

2. An investment for every budget

Despite the common belief that Sydney’s housing market has become saturated with demand and is increasingly unaffordable, investors would be interested to know that there is still a lot to gain from more affordable suburbs. Suburbs in Sydney that are a little further away from the CBD have a lot to offer for investors when getting your foot in the door.

3. It’s an asset you can use

An investment property is an asset that you can make practical use of. It’s a very tangible asset. If you change your mind and decide that you’d like to move into your investment property, you can. If you choose to use it as an investment again later on, you can do that too. Other investments don’t offer the same level of flexibility, but with a Sydney property investment, it’s part of the package.

4. Other people pay for your investment

Having an investment property means that you can rent it out and have that income go directly towards paying off your investment. This is a reliable, regular payment that offers the stability and frequency that you wouldn’t get with most other investments. When you rent out your investment property, you can enjoy the peace of mind that your investment is paying itself off.

5. Leverage

You can use investment property to gain access to leverage. This is an investment strategy where you use debt to bring in greater returns and ultimately pay off that debt. Using your property as security means you can borrow more money than you would with a share portfolio. Lenders will let you borrow up to 90-95% of the property’s value, but typically 50-60% of a share portfolio’s value. In addition to this, this allows you to benefit from the growth of a larger asset because you have significantly greater borrowing power.

This article was sourced from the Property Investors Alliance.