075 | “The Grand Plan” - Jamie Madill interview on Your Property Podcast

RESOURCE LINK

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2. Download the 11 Steps to Running your successful HMO Property Business and other FREE RESOURCES (http://www.thehmoexperience.co.uk/resources-page)
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IN THIS EPISODE

We feature a throwback edition of Jamie Madill being interviewed on Your Property Podcast.

In the episode, Jamie chats with hosts Ant Lyons and Angharad Owen about deciding to quit his job and give his wife the gift of 'himself' by declaring his 'Grand Plan' to have a career in property. There was one problem - the Grand Plan turned out to be no plan!

This is a great episode of The HMO Experience Property Podcast to listen to if you are thinking about quitting your job this year and starting your own property investing journey - make sure you don’t miss it!

EPISODE HIGHLIGHTS

Introduction [00:00 - 03:14]

“Living” The Corporate Dream [03:14 - 10:38]

Creating The Grand Plan [10:38 - 18:30]

Perfecting The Grand Plan [18:30 - 22:19]

Turning The Plan Into Reality [22:19 - 38:38]

Is The Grass Greener On The Otherside? [38:38 - 52:55]

KEY TAKEAWAYS

1. When considering starting up your own business, if you have not replaced your job income make sure you have a definite plan to achieve your income targets
2. If you can replace your job income before you leave your job, then consider outsourcing tasks and building up your cash reserves before you take the leap
3. When creating your Grand Plan, understand that it will chop and change and will need to be adapted as circumstances change
4. Building your team will help you scale your business but ensure that your business can afford the additional support you bring in
5. Don’t compare yourself with others around you. Your journey is your journey.

If you enjoyed this episode of The HMO Experience Property Podcast, PLEASE don’t forget to subscribe & share this podcast! Make sure you rate & review the podcast HERE - thank you :)

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CONNECT WITH THE HOSTS

Jamie Madill - https://www.facebook.com/jamiemadillproperty/