Life Changing Questions For Business Owners
Business:Management & Marketing
184: Building Wealth Through Property With Daimien Patterson & Kevin Bees, Profit Maximisation Expert
Daimien Patterson is the CEO of IntegrityX Group Of Companies. He is the owner and founder of Integrity Property Investment. Also, he is a 4 times author, business coach, speaker, and property investment mentor.
Daimien grew up in the western suburbs of Sydney, Australia. As the son of a single mother with four kids, living in a working-class community, he went without many things during his childhood. Seeing his mother struggle with money made him determined to never struggle like that.
Daimien has had a distinguished career serving as a soldier, doing tours in East Timor and Iraq. He has gone on to successfully build and sell many companies and build a profitable property portfolio, and he now helps others do the same.
Daimien Patterson shared in this episode:
How he transitioned from serving his country to helping people with their businesses
How he started in the real estate industry
How he managed to invest his fixed income from the army into property because it was relatively safe and mostly passive
In 2009, his property portfolio earned 2x his full-time income, which inspired him to focus on investing.
Why property is a good investment
What you read and apply determines who you become
With learning comes confidence
Integrity property investment focuses on property education, helps clients create a plan that they want to implement, and helps find clients opportunities in high-growth areas
Why it is important to let other people add value to your house (eg by building infrastructure around you)
How his business is a central advocate and hub for connecting customers with trustworthy providers
Why he is writing a book called ‘the sky is falling in’, which is uncovering the scaremongering of media in relation to property investing
How Australian house prices have risen every year for 52 years, except for just 5 years, and in those years none of those dropped double digits %
Why low-interest rates push house prices up, but high-interest rates have not pushed house prices down
Why migration will help house prices grow higher
Major wars (e.g., WW1 & WW2) caused house prices to dip in year 1 and then increase after that
Why the next 12 months will see inflationary pressures disappear, and interest rates drop
The two things to look for in a property investment to maximise your returns
Why uncertain times are the best time to invest in essential things like property
His Life-changing question: What is the best use of my time?
And much more…
Where to connect with Daimien:
Integrity Property Investment:
https://www.integritypropertyinvestment.com.au/
Property Investing with Daimo: https://www.facebook.com/IntegrityPropertyInvestment/
Resources mentioned in this episode:
About Face: The Odyssey Of An American Warrior by Colonel David H. Hackworth
Traction By Geno Wickman
Rich Dad Poor Dad By Robert Kiyosaki
WealthThrough Property By Daimien Patterson
If you would like more insights on profit maximization for your business, visit www.ProfitHive.com.au
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