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In this issue
Vol 08.09 - 10 February 2009
Published every Tuesday. You are on our list because you visited one of our websites. To change your subscription, see link at end of email.
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- Wendy's Week
- Events and Teleseminars
- Wendy Recommends
- Feature Article: Invest with the tenant in mind
- Five Minutes with...
- Need a speaker
- Quick Links
- About Wendy
- Manage your Subscription
Wendy's Week
I've just returned from the most amazing week on the Gold Coast with Joanna Martin, my Milliion $ Masterclass mentor.
It was such a pleasure to spend an entire week with Joey and 11 other individuals dedicated to transformation and business success.
Joey had us all up at 4am to go Hot Air Ballooning, something I have never done before (mainly due to the need to get up at 4am!). But it was well worth it and as Joey intended, we were all given a "new perspective" on how to view our business.
Joey's currently touring Australia, so make sure you check her dates here and get along if you can.
Our f.r.e.e. teleseminar with Ludwina is this Thursday, so grab your slot below.
Until next week, happy investing!
 
Wendy Moore "Showing women how to get started in property"
PS: For an opportunity to sell you shares and donate the proceeds to charity, log onto Share Gift Australia
Events and Teleseminars
Register here for our F.R.E.E. Monthly Teleseminar
Surviving and Thriving in the Current Market
Ludwina Dautovic, founder of the The Red Tent Woman joins us to share how she has survived and thrived three housing slumps and two recessions whilst increasing her asset wealth.
The Key? Living within your means and being smart with your money. Join us on Thursday 12th February at 6.30pm as Ludwina shares how to survive and thrive in the current market. To listen in live to this f.r.e.e teleseminar, just register here.
Wendy Recommends Red Tent Woman Networking Event - Wednesday 11 February, Melbourne
Ludwina Dautovic will be interviewing me live at the first Red Tent event for 2009. Join me as I share with you How to Build your Database Online (as well as property, I'm passionate about showing women how to get online).
Networking Ludwina style is always fun and I look forward to catching up with you there. You'll find details to register here. Only 30 seats available.
Feature Article
Invest with the tenant in mind Here is a golden rule for your investing. Rather than buy first then wonder, how do I get a tenant, why not buy with the tenant in mind?
For the suburb that you are looking to buy, go into the real estate agency, walk past the sales guy/gal, sit down with the rental manager and ask them:
- If I was to buy a property in this suburb, what does it need to have?
- What do the renters come in and say they want?
- Do they want a garage?
- How many bedrooms?
- How many bathrooms?
Then go and buy that sort of property. You have an entire market that is already there, waiting for houses to rent. Do a bit of leg work and find out exactly what they want.
It's all about feeding a starving crowd. Find out what they want so then you've got a far better opportunity to easily find a tenant for your property.
How many people do you know who approach the property manager first when buying an investment property, to ask them what sort of renters they have on their books and what sort of properties those renters are looking for in that area?
Makes sense, but not too many people think to do it.
By Wendy Moore
Copyright 2009 Affluencia Pty Ltd
WANT TO USE THIS ARTICLE?
You can, as long as you include the following:
Wendy Moore is founder of www.affluencia.com and creator of the Get Started in Property Mentoring Program - the step-by-step, hold your hand program that gives you the tools and confidence to take your first step on the property investing ladder so you can live a life you love. To receive your F.R.E.E. Special Report and weekly how-to articles to expand your property investing toolkit, visit www.affluencia.com.
Five Minutes with...
Lynette Palmen of Women's Network Australia
Question 1 What has been your biggest challenge in business and how did you overcome it?
It's natural that the bigger an entrepreneurial enterprise becomes the more challenges it will face. With a unique and innovative concept like Women's Network Australia it's inevitable that others will attempt to copy and steal the firms Intellectual Property. They say imitation is the greatest form of flattery, which it is, but preservation is the name of the game in business, so trademark everything that's not nailed down and engage a crack legal team to jump on offenders when issues are brought to your attention. It works for me - bring on the next challenge I say!
Question 2 If you had to start your business again from scratch, what would you do differently?
Like with having a baby there's never a good time to start a business. If you're driven by entrepreneurial passion you just need to jump in and make it happen. I started Women's Network Australia back in 1990 during the last economic crisis. I took absolutely no notice of what others were investing their fear into at the time and it proved an absolute blessing. If you can build a sustainable business that thrives during a financial famine imagine what is possible during the good times. We're now in another economic crisis so against the crowd sentiment I'm the entrepreneurial driver behind yet another new business venture. In my mind there's no better time, let everyone else cocoon and hide-away in fear doom and gloom.
Question 3 Who do you admire and why?
I enjoy being in the company of confident people, those who are willing to share and stand up for what they believe in, regardless of being judged or critized by others. I find these types of people interesting to spend time with. Because even if I don't agree with their opinion at least they have one - which in itself is a stimulating experience. I have always made a habit to looking at the direction the crowds are headed and if based on fear I just do the opposite.
Question 4 It takes a lot of determination and dedication to succeed in business. What keeps you motivated? Besides the fact that I enjoy my lifestyle ultimately it is not what business success is about. People often ask me how after nearly two decades my eyes still light up with excitement when talking about Women's Network Australia. You know for most people Friday is their favoured day of the week - but for me it's Monday, because that heralds a new working week and the opportunity to make some small difference in the lives of other women in business. And if you don't think that little things can make a difference try going to sleep with a mosquito in your bedroom.
Question 5 What are your 3 biggest success tips?
1. Always take complete responsibility for the financial side of your business and do not pass the buck. Pay your own accounts and if you don't know or understand something make it your business to educate yourself and find out the answers. There is no room for ignorance or acting like a victim.
2. Do what you do well and get in the professionals to cover off on the rest. Avoid the DIY trap it's for house renovations, not for business success. Find the money to engage the services of experts to help guide and grow your business.
3. There's lots of great business ideas sitting on shelves that'll never see the light of day. Make it your business to get comfortable with the fact that concepts and products only represent 20% of what a business is about, it's the other 80% being the marketing and sales that will make or break a business. Unless you understand this concept and are prepared to take it on board don't bother starting a business.
Tell us about Lynette...
19 years ago Lynette Palmen AM, Founder and Managing Director of Women's Network Australia, gathered four girlfriends together for lunch with a view to sharing business information and ideas. The Network now provides business support services to over 40,000 women each year and it positioned as the nation's largest membership based organisation for business and professional women.
Lynette spends much of her time travelling across the nation speaking to, for and about women in business and the issues that are important to them and their success in the corporate, small business and home-based sectors. Lynette's business style is bold and upfront and her leadership qualities are inspirational. She is a mentor and role model to thousands of women across Australia. For more about Lynette visit www.womensnetwork.com.au
Are you a Successful Sister? Each week, we'll spend five minutes with a successful sister. Like to be considered to share your story? Let us know by emailing contact@affluencia.com
Need A Speaker
Would You Like Wendy To Speak Live at Your Next Event or Be a Teleseminar Guest?
Her presentations and workshops are ideal for anyone looking to get started investing in real estate or discover the tools and techniques to successfully invest in property.
Send an email to contact@affluencia.com if you'd like to book her.
Where is Wendy Speaking Next?
Melbourne
The Red Tent Woman - Wednesday 11 February. Limited to 30 seats.
Contagious Enthusiasm - Sunday 22 February
Infusion Networking - Wednesday 4 March
Perth
Women's Network Australia - Thursday 26 February (lunch)
West Australia Investment Property Group - Thursday 26 February (evening)
Quick Links
Visit the Affluencia Blog
Post (it's f.r.e.e!) on the Get Started in Property Forum
Register for our F.R.E.E. monthly teleseminar
About Wendy
Wendy Moore is founder of www.affluencia.com and committed to showing women everywhere how to get started in property.
If you liked today's issue, you'll love Wendy's products and coaching programs to help you build confidence and add the necessary tools and techniques to your property investing toolkit so you too can live a life you love.
Wendy made it to the very top of the corporate IT world, managing multi-million dollar budgets, before gut-wrenching stress demanded she reappraise her life and follow her true passion: property investing.
Wendy now educates, empowers and inspires others and says, "It's all about education and gaining from other's experiences. I'm passionate about helping women become financially independent through investing in property."
You can learn more about Wendy and her courses, programs and products at her website, www.affluencia.com
Manage your Subscription
You may absolutely share this newsletter with people you think may enjoy it. When doing so, please forward it in its entirety, including our contact and copyright information. Thanks and enjoy!
Affluencia Newsletter is written by Wendy Moore. If you have any questions or comments, please send them to: contact@affluencia.com
Affluencia.com, GPO Box 2000, Melbourne Vic Australia 3001
Tel:
61 (3) 9686 2288
Fax: 61 (3) 9682 4010
Email: info@affluencia.com
Copyright 2009 Affluencia Pty Ltd. All rights reserved.
Disclaimer: This newsletter is not intended to be a substitute for investment or professional advice. It is a broad discussion to provide a general understanding. Before acting, you should seek specific professional advice for your unique situation.
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