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Investor's diary: Dream & Passion to invest

By Prudence Wong

I told myself that I really need to do something different in order to achieve my dreams – to have a comfortable life and at the same time I could have freedom to do something I am really passionate with and most importantly to spend more time with my family.

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13 years ago, while I was sitting in the boardroom, waiting for my American boss anxiously before my presentation, I received a text message from my buddy,

 

“Hey!  We are checking out a very rundown shop here, do you want to join us?”

 

Oh my, how I wish I could do that during the office hours, doing something I am really passionate with.
Yes!  My dream is always to be a full time property investor cum entrepreneur.

 

 

Photo by Geralt

 

Finally, I’ve made it in 16 months after my first investment.

One day, I just quit and take a bold move to set up my own investment business without even telling my parents.   It took quite a lot of courageous letting go the attractive salary and benefits.

Honestly, I have no idea how my life will turn out to be.  I have told myself, the worst was, perhaps I will go back to work again.  Everyday, my tasks were just calling agents, doing surveys,  viewing, meeting with bankers/valuers, handling tenants’ requests etc.

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I was extremely joyful as this is really my dream  although sometimes, I did get some of the not so good challenges – bad tenants, rotten deals,  rejections from the banks etc.  When all these challenges happen, I always ask myself these 3 questions,

  • What would my idol, Robert Kiyosaki do, if he is in my position?
  • What would be the 3 different things I can do to make things happen?
  • Who are the 3 person I can contact to help me?

Beside this, I have a mantra, which is:

Value=Trust=Money

I apply this to almost every aspects in my investment business.  Perhaps we could just ask ourselves,

 “Why the particular valuer wants to give us more informations?”

“Why the banker wants to give us better recommendations?”

“Why the agent want to give us good deals before going to the public?

 

First thing first, I create the win-win value for the parties I deal with.   I don’t just simply TAKE but to GIVE more businesses to them.   I do the same to my tenants too.  Besides making sure they pay rents on time, I would definitely make sure they occupy in good places.

Like it or not, there’s always a limit for free meal.  Sometimes, freebies do come with a price too!   In fact, I have referred many businesses to my network of bankers, lawyers, valuers, agents etc.  And I know they all trust me and always give me valuable advice and of course tips to build my business to higher level.

I keep on constantly asking myself, how can I add more values onto their businesses and of course, their lives too.  The more value we bring to our counterparts and indirectly more trust will be developed.  The end result is more $$$$.

Photo by PublicDomainPictures

 

 

A lot of times, we have forgotten that the importance of value and trust before the gain of monetary.  Do you realize that when you tend to be so hard in chasing $$$, it will kind of distant from you?  The essence is people only buy into the trust you create for them and of course your self value.

Come to think about it !

Instead of setting your goal how much money you want to make, why not set a series of values what and how you are going to do in creating values for the people around you and your life too.  For sure, the $$$$ will be chasing after you.

To be really frank, I have no idea how to invest in properties many years ago.  I learn along the way.  Since young, I was taught the only way to have a good and comfortable life is to study well and work in a company for life.   No two ways about it.

Until one day when I really can’t stand the office politics, I told myself that I really need to do something different in order to achieve my dreams – to have a comfortable life and at the same time I could have freedom to do something I am really passionate with and most importantly to spend more time with my family.

Photo by Geralt

 

With the added passions and values, I am really blessed to have been born in this world.  Every day, every moment, I would appreciate every single deals that I have gone through.   In fact, I love my life despite the roller coaster’s rides.

If you have a dream, keep it alive and perhaps to remember to use the mantra that I have shared.

Have trust within you.

With love and light

heart-37310_640

Prudence

 

All editorial content are owned by respective intellectual property owners and are protected by applicable copyright laws.  Re-use of any part of the content for commercial purposes without permission is strictly prohibited.  © 2015, Monde Journal.

 

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About Author:

Prudence Wong  with a humble heart claimed herself as an ordinary lady who loves life.   However, her extra- ordinary mission and vision energizing her to achieve her dreams, overcoming obstacles and challenges.

From knowing nothing about properties investment, her entrepreneurship has achieved a great milestone with more than 10 investment companies, 1 management company and 1 development company in her portfolio. In her investment journey of more than 14 years, she keeps on learning from different GURUs and mentors.

The highlight of her career, she sold all her profitable companies to other investors. She is a passionate investors building her investment empire.  She also helps properties owners managing their properties with  SIMVES ® .

Her motto of life is, “ Nothing is impossible when you know well enough what you want in life.”

Besides being a dynamic property entrepreneur, she is a mother of 2 beautiful teenagers and happy wife to her uni sweet heart.

During her free time, she has great interest into occult studies, watching movies and reading books.

Get in touch with Prudence HERE

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