A note from Stuart Zadel
2 December 2009
Dear Friend,
For me, the way to view the year just gone is not in how much you’ve gained or how much you’ve accumulated, but in how much you have given. For us here at Think and Grow Rich, yes, we have completed our most successful year. Yes, we have had our most successful events and yes, we have moved significantly towards achieving our goals, all of which is very nice. However, it is in the impact, results and feedback from our members and attendees that our true measure of success is defined.
Of the hundreds of stories and testimonials that we receive into our office week after week, I think this one is probably one of the most symbolic of the good that we all can do.
Attendee Nerrisa Donating Blood
“I attended your Think and Grow Rich conference in Adelaide in August and can’t thank you enough for changing my life.
I was so amazed at your generosity of putting on a free conference that I wanted to do something to “pay it forward”….I was inspired to do something that made a difference.
So, that’s when I decided to kill two birds with one stone; Face one of my biggest fears and give back to the community. So, I donated blood.
Because of my fears, I have never been involved in this worthy community service. I can assure you on the day, my fears came to the surface before the needle even went in!
I cried and freaked out and made a big drama queen of myself! But - when it finally did happen, I couldn’t believe how easy (and pain free) it was!
I was so overwhelmed! I couldn’t believe I had been scared of something for so long. I could not believe that this fear, was holding me back from saving lives.
Stuart, I want to thank you so much for your generosity and inspiration. I know that my journey to becoming a Prosperity Millionaire will in turn change the lives of others.”
To receive this one email alone from Nerissa, I can tell you my year has been a success. Remember, whatever good we can do, let us do it now. We will come this way but once :-)
“So many people walk around with a meaningless life. They seem half-asleep, even when they’re busy doing things they think are important. This is because they’re chasing the wrong things. The way you get meaning into your life is to devote yourself to loving others, devote yourself to your community around you, and devote yourself to creating something that gives you purpose and meaning”.
Morrie Schwartz from the book Tuesday’s with Morrie
Weekly Success Tip
The Six Key Market Drivers
Last time we looked at the fourth of six key property market drivers as taught by Mr. Positive Cashflow Property in my new book Think and Grow Rich In Property.
This week we’ll take a look at driver #5 - Yield. Combined these six key drivers may help us predict where growth will be strongest.
Investment Yield
The term ‘Investment Yield’, in this case, refers to the percentage return or yield from a given property as it relates to the income received per annum over the cost of the property.
This is a huge factor in the success of many areas. If yields are high, growth usually follows. Look for areas that are one to two percent above their last five-year yield average and it’s a sure sign growth is on the way. Yield variation is an instrument to gauge future growth of markets because as the yields expand, growth will follow and compress closer to already expanded yields. The further the yield advances, the most likely that a growth expansion phase will follow. Simply remember this: growth follows yields.
Next week we’ll discuss the final market driver - #6.
ACTION STEP:
1. Research the yields of properties in your chosen areas of interest as well as the five-year average.
2. This month, go donate blood :-)
To Your Success!
Stuart Zadel
Stuart Zadel
Director and Publisher
Think and Grow Rich
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