November 30, 2018
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1:34Now PlayingIT’S OFFICIAL: On 15th November 2018, I set out to become financially free all over again, starting with nothing. (FULL Documentary Coming 26.12.18)
Objective:
To build a property income from scratch of £3,000 per month. At least 50% of this needs to be a passive/residual income. If I run out of money and can’t afford to live, or abandon the challenge without my income, I fail.
If I can prove to be financially independent anytime after starting with zero, and then demonstrate I can make £3,000 per month through property, I succeed.
PURPOSE:
Because I want to prove that anybody can do this with the right knowledge, and anybody can become financially free regardless of their circumstances. No excuses.
THE RULES:
1. Money - I cannot invest a penny of my own money, nor do I have access to my bank for anything.
2. Staff - I cannot get any of my staff to help or assist with this challenge in anyway, apart from my third party videographer who will purely be with me to document on his camera.
3. Network - I cannot take a penny from anybody in my existing network. Any properties I buy or sell, have to be done from strangers. Due to my name being quite well known in the property world, I will be using an alias name.
4. I am allowed to travel and do business wherever I like, but I will have to stay based in a location where I do not know anybody and have zero properties currently. This will mean I’m based in an unknown territory.
5. I will be evicted from my hotel on 22nd November, unless I have made money to pay for more nights.
6. I will begin the challenge with a brand new bank account / compliant property company account with a balance of £0 and a zero credit rating. I will also be supplied with one weeks worth of clothes, basic essentials and one week booked in a hotel room in the new location.
7. If I succeed, I will have to go over all the profits and figures to a third party independent professional who has experience with finance and property. They will assess and decide if my success is satisfactory in line with the original goal.
Please do share this post and also comment your thoughts, I’m going to need some encouragement for sure!
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