Jeannette Being Interviewed by Kevin McDonnell of Progressive Property – Talking all things Property, Strategy & Opportunities
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Show Notes
In this episode, we hear how Jeannette has pivoted from a hugely successful corporate career into the entrepreneurial space building a portfolio of businesses including property, board advisory, mentoring and podcasting.
Jeannette shares great advice about the differences that being part of a mentoring programme makes and why it’s important to get started and build a team that’s right for you.
Everyone has dreams and it’s possible to turn your dreams into reality by having a clear plan to move forward with. This is a great opportunity to hear how Jeannette has made it happen.
KEY TAKEAWAYS
- Mentorship is about accountability, getting the best from the education you have invested in, support, encouragement, technical expertise and being pushed to achieve more.
- It’s important to understand the skills you have, identify any gaps and then build a team that fills those gaps and together will effectively combine all the skills required.
- Spend time understanding what you want to achieve with your property business.
- Manchester is a great property investment area, has a good entry point of purchase price, lots of investment in the city, high rental demand and supply of stock
- Having mentors and surrounding yourself with people who are already successful helps you to understand the size of the opportunities out there.It’s important to know what skills you bring to the game, identify gaps, agree who is accountable for which parts of the business and then recruit the right people onto your team
- If you start off with unrealistic expectations then you may end up being disappointed - true for property but also true for any business. Plan realistically and then if you achieve better that’s upside.
- The initial steps, the setup phase is important and part of this is doing your research, spending some time on the ground, build relationships and putting together your team. The importance of this is often underplayed.Start with one deal and keep going one deal at a time.
- Go through a full cycle so you get to learn the whole process end to end. You will always learn and this allows you to tweak and improve.
- Turn your dream into a plan and move forward by taking one action at a time every day and then you will build your business.
- Most people have lots of transferrable skills that they can bring into property, so don’t underestimate that.
- You have to be very disciplined with your time, plan carefully and allocate specific times to specific parts of your business and life to achieve more
- Match your most productive energy levels with the most important tasks and actions you need to do. Avoid distractions wherever possible and stay focused.
- If you are in a situation you don’t like, or it’s not going well you have 3 choices
- Try and change it
- Accept it
- Get out
- There are lots of different strategies in property and you can get started without any capital.
- Top three pieces of advice from Jeannette if you want to make a start in property - don’t procrastinate make a start, get out networking to meet like-minded people and know your numbers.
BEST MOMENTS
‘It showed us the way to the strategy which was the best for us’
‘It’s important the people you work with regularly are the right fit for you’
‘Mentoring is about the people you have around you and the opportunities you see’
VALUABLE RESOURCES
Brave, Bold, Brilliant podcast series
The Progressive Property Podcast
The Power of Now - Eckhart Tolle
ABOUT THE HOST
Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor and business mentor with over 25 years of global professional business experience across the travel, leisure, hospitality and property sectors. Having bought, ran and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.
Jeannette is a down to earth leader, a passionate champion for diversity & inclusion and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams.
CONTACT METHOD
https://www.jeannettelinfootassociates.com/
https://uk.linkedin.com/in/jeannettelinfoot
https://www.facebook.com/jeannette.linfoot