Being successful in any business takes skill, dedication and determination and a good dose of sound business advice from key sources. At least that is what my old careers tutor used to say, and he wasn’t far wrong.
Business models built on the knowledge and experience of successful people in the same industry, who have already encountered the pitfalls and worked through the problems, can often propel a new company to dizzying heights within a short space of time. However, are the business owners up to the job?
If you want to get fantastic results from any business such as property investing you need to treat it like a business to begin with. Many Buy To Let landlords don’t and they are the ones currently struggling.
Look around at who the really successful people are in the industry, people such as Simon Zutshi, Founder of the PIN network, Rob Moore & Mark Homer from Progressive Property, Parmdeep Vadesha from Property Tycoon Network among others are leading the way at educating property investors right now, teaching new skills to seasoned and novice investors enabling them to improve their businesses and increase their property portfolios.
Many so called property investors just dabble in property, treating it more like a hobby and they don’t get great results, but if you are more professional about business you will get professional results.
The challenge is many property investors have never been business owners and so don’t know what to do or where to go to meet the successful people that they need to talk to.
Property investors and business owners need to develop key skills that include marketing the business, whether that is to find tenants, finding motivated sellers, or attracting clients, in order to reach the top of their particular niche in the market.
Education is the key and landlords and would be property investors need to expand their knowledge and learn alternative investment strategies in order to profit from property in the current financial climate.
Get along to a UK property networking event near you to find out more about developing new business skills and meet the successful people you need to talk to as well as mixing with like minded people who share the same passion for profits.
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