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Why Failing To Hit His Goal Was the Best Thing for His Business, with Stuart Lordan

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Manage episode 371642417 series 181693
Content provided by Mike Stenhouse: Property Investor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Stenhouse: Property Investor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

6 years ago, Stuart Lordan joined me on the podcast with plans to reach 100 HMO rooms within 12 months. Today he’s back to say that he failed to reach that goal, with about 80 rooms in the portfolio at the time of recording, but instead of pushing for growth at all costs to achieve those 100 rooms, he’s instead managed to build a stable business with solid financials, retain freedom and flexibility in his own life, and diversify into other areas as well.

He’s learnt a lot along the way, but possibly no more important lesson than realising things don’t always go to plan, and that’s okay. You can be a success despite your failures, in fact maybe only because of them.

========================
Request your free copy of our Introduction to HMO Investing guide - Access here for free 📗
Join me for an upcoming Commercial to Residential Open Day - Check out remaining tickets 🎟
********************
Check out our content on your favourite platforms:
Website: InsidePropertyInvesting.com
Instagram: @InsidePropertyInvesting
Youtube: Inside Property Investing

  continue reading

409 episodes

Artwork
iconShare
 
Manage episode 371642417 series 181693
Content provided by Mike Stenhouse: Property Investor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Stenhouse: Property Investor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

6 years ago, Stuart Lordan joined me on the podcast with plans to reach 100 HMO rooms within 12 months. Today he’s back to say that he failed to reach that goal, with about 80 rooms in the portfolio at the time of recording, but instead of pushing for growth at all costs to achieve those 100 rooms, he’s instead managed to build a stable business with solid financials, retain freedom and flexibility in his own life, and diversify into other areas as well.

He’s learnt a lot along the way, but possibly no more important lesson than realising things don’t always go to plan, and that’s okay. You can be a success despite your failures, in fact maybe only because of them.

========================
Request your free copy of our Introduction to HMO Investing guide - Access here for free 📗
Join me for an upcoming Commercial to Residential Open Day - Check out remaining tickets 🎟
********************
Check out our content on your favourite platforms:
Website: InsidePropertyInvesting.com
Instagram: @InsidePropertyInvesting
Youtube: Inside Property Investing

  continue reading

409 episodes

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