The Major Missing Piece In Your Property Investment Journey

https://www.youtube.com/watch?v=o2VAJlOe_9s There is a major missing piece in most people's property investment journey, it was certainly a major missing piece in my investment journey. This concept and this idea can actually completely change your life and change many years of your life for the better. 0:00 - Introduction1:12 - My journey towards financial freedom3:12 - The missing piece on my financial freedom journey7:20 - Our focus on the destination is warped8:55 - These are years of your life you won't get back11:17 - The life we want and the goals we have change as we change14:25 - Enjoy the journey16:30 - The missing piece is enjoying the journey Recommended Videos: What It Feels Like To Be Financial Free Financially Free at 28 and Disillusioned The 3 Stages of Property Investing Transcription: Ryan 0:00good morning all you amazing people out there in today's video i want to talk about what i think is a major missing piece and people's property investment journey their investment journey in general it was a major missing piece in my investment journey and meant that when i did achieve financial freedom i was super lost him super depressed at the time and it's something that i think can this concept and this idea could actually completely change your life and change many years of your life for the better so i'm kind of getting goosebumps i'm excited to share this with you also be excited to drink my coffee so the decision between do i keep speaking to the camera do i have a sip that's gonna be going on throughout this video but that's okay this is this is delicious coffee i made for myself this morning but this concept is super powerful and i learned it through my own life but i also learned it from having amazing people in my life and this concept i got to give massive props a massive thanks to ben everingham buyer's agent from pumped on property because it's kind of came out in a video that we were recording together but to talk about this we kind of need to go back and look at my journey towards financial freedom and the emotional roller coaster that that was so if we go back four or five years then i'm working in my house full time online on my online business and trying to build it up to the point where it's self sustaining and i don't need to work anymore so basically trying to create a shortcut to financial freedom and so i was working on that doing long hours homeschooling my daughter at the time as well and just kind of juggling family life working really hard on that eventually it got to the point where the business was earning enough money where i didn't really need to work i needed to kind of maintain things but i didn't need to be actively working 40 plus hours a week on this business i could effectively drop into about four hours a week or less if i wanted to more if i wanted to and so i reached this point and i was just very disillusioned it was around this time that we renovated the van and moved into the van and did some traveling but this time i was just very disillusioned with how my goals and with life i'd achieved the goal that i had set out to achieve ever since i was a teenager i had the goal of being a millionaire by 30 or being financially free or i had all of these goals and i had actually achieved it not long term financial freedom like you get through property but if i didn't have to work right now i don't i don't have to work and i didn't know what to do with that i didn't know how to process that and i didn't know what the purpose of my life was anymore and i know this sounds like you know a rich person problem or something like that i wasn't rich by any stretch of the imagination i just had a decent income coming in not amazing but i just didn't have to work but the big mistake that i made along my journey was not actually taking time to work out who i was to work out where i found my happiness in my life up until that point of financial freedom so the missing piece in maybe your investment journey it was definitely the missing piece in mine is that you're actually delaying your life in a way until you achieve financial freedom he is still living your life you still got your relationships you still got kids in the house and doing school and or whatever it is that you do with your life but a lot of the time we are focused on financial freedom and we are thinking that when i reach that goal who boy am i going to start living my life that is when i'm going to be the best version of myself that's when i'm going to get to quit the job that i hate and do what i love and be super happy when i reach financial freedom but it leaves this giant gap in the middle and the reason i have to thank ben everingham for this idea is that we were recording a video on the different stages of property investing and i'll link up to that one down below if you're interested but stage one is the buying and acquisition phase where you're actively going out there purchasing properties building granny flats building out your portfolio basically and that can take as little as a year for some people that can stretch out for others but once you've acquired those assets those foundational properties that will lead to your financial freedom then you enter a second phase which we call choices or we call debt reduction and that that's the waiting game right there and you say i need a sip is that okay can i have a sip while we talk that right there is the waiting game where you You purchase your assets that will lead to financial freedom, you're now in the waiting game where you've either got to pay them off or let the rents go up, or the capital growth go up until you can get enough cash flow from them to be financially free, which is stage three, which is the freedom stage. And we're recording this video and I had said, and it's kind of a phrase that I used in the past and kind of said it without thinking. I was like, when you reach financial freedom, that's where the journey really starts. Because for me, that was my experience is that I had worked hard, I had achieved financial freedom. And my journey really began that one of the best decisions that I made, and I want to make a video on this as well, is that when I achieve financial freedom, and realize I wasn't happy, I didn't go for excessive wealth, I didn't keep working hard to try and be wealthier, I just put the brakes on everything, and just tried to work out who the EFF am I, and what is gonna make me happy. I struggled with depression at the time. So it was more extreme for me than it might be for you. But I start and I took a journey. And I took 18 months to figure out who I was, and what can make me happy before I started with getting back into work again. So anyway, I had this catchphrase that I'm saying that the journey really begins there, because that was my experience. And then Ben said, Nothing. I really don't think that I don't think the journey begins there. He was saying, I think the journey begins right back at the choices phase, where you've purchased your properties, you've got your foundation, you're now in that waiting period. He's like, this is the time to actually look at your life, and to look at yourself and to work out what do I want to do? What is going to make me happy, what who is the person that I want to become. And really, you can even take that back to during the saving phase during the time where you're actually buying properties and actively investing, your life is moving forward, we only get one shot, right. And so this idea that let's not delay our journey, until we get to financial freedom. But the entire process is our journey. And I think one of the big things that so many other property investment gurus or investment people, anyone who talks about money, really, they talk about the destination, and then talk about getting from where you are to where you want to be. And that's obviously extremely important. It's important to have those goals. We don't want to be poor, we want to be rich, we want to be financially free. That's all super important. But the focus is always on the destination. And there's very little lace that I've seen about actually enjoying the journey, and enjoying the process, because this is your life. This is your time to shine and your time to be who you are. And if you're willing to you're financially free. I was so grateful that I achieved at a 28 or version of it, where I could stop working for a couple of years and work out who I was. I could have been on this journey until I was 65 or 67, which is when most people retire. And I could have been waiting until then to be happy. And imagine if I'd gotten to that point, waiting for financial freedom gotten to that point and then be like, Oh, this does not make me happy. I just spent the majority of my life waiting to be happy, and waiting to be who I want to be. And so your financial freedom journey might take a couple of years, it might take a couple of decades, in order for you to achieve it. But that is time in your life that is really important. And there's time in your life to be you. I remember working in a pharmacy and talking to the pharmacist at the time that whether or not she liked her job. She didn't. She'll like her job. And having worked with many, many pharmacists, I can say that there's quite a few out there who feel similar. And I'm sure it's the same in every industry. She didn't like her job. But obviously she got decent pay. She'd been through uni. She's educated in a really good at what she did. She didn't like it. And I was like, Well, why don't you go and do something else, something that you'll enjoy. And she was like, oh, like I'm already 50. So I may as well just hang in there. And I remember thinking at the time, I was 18 at the time maybe. And so thinking about okay 50 to 67 that's 17 years, basically my entire lifespan at the time,