For this episode, Alex is joined by Sarah Poynton Ryan a property investor, best-selling author, and the founder of Money Mechanics which helps ordinary people to start investing with as little as £10. She is also the founder of Cognito Wealth UK. Sarah and her team provide a 12-step CPD-accredited process that results in business success.

Sarah has founded and sold a photo booth business and has successfully used numerous property models. She understands the nitty-gritty of running a business and guides people through each step in detail, providing practical and up-to-date advice. During the episode, Sarah also shares the ins and outs of her entrepreneurial journey providing you with on-point business advice in the process of doing so.

KEY TAKEAWAYS

• Be prepared for hard work. Usually, it takes years to build a business.
• Running a business is an ongoing learning process, every day brings a new challenge or task that you have to conquer. That is why having someone who has already done it to turn to for advice is invaluable.
• Money alone is not enough to make you happy. Relationships matter more.
• Work-life balance is critical. You have to take your life partner and kids with you. Communication is key.
• Documenting your progress and sharing it on social media makes networking much, much easier, which in turn makes it easier to find finance, people to work with and clients.
• Be your authentic self, keeping up a fake version of yourself is exhausting.
• If you have £10 you can invest and make money.
• Be bolder, stop thinking about things for too long.
• Everyone has bad days. Having a strong why will keep you going.

BEST MOMENTS

"There is a difference between good debt and bad debt."

"Try and tune into who you want to be and try not to show up as anything other than that."

“I think I aspired to things that other people had told me was success, and actually, I'd forgotten about what success meant to me.”

“Surround yourself with people who support you…be careful of people who don´t cheer you on when you're doing well.”

EPISODE RESOURCES

https://www.cogito-wealth.co.uk

https://www.sarahpoynton.com

https://www.cogito-wealth.co.uk/

Stock Savvy - https://www.facebook.com/groups/iamamoneymechanic/

Money Mechanics book - https://www.amazon.co.uk/Money-Mechanics-Engineer-Investing-Secrets/dp/191577120X/

HOST BIOS

Alex & Pooh have built a portfolio of over 16 Serviced Accommodation Units and 10 Buy-To-Lets collectively over the last 5 years.

This AirBnB Business has allowed each of them to create their own tailor-made ‘lifestyle by design.’

Pooh chose to escape the corporate life as an electrical engineer instead to spend his time at home with his young and growing family, and Alex likes to spend most of his time in sunny Spain enjoying his love for road cycling or even hiking in the Tramuntana mountain ranges.

CONTACT US

Facebook - https://www.facebook.com/alex.mannock/

Instagram - https://www.instagram.com/theairbnbnomadspodcast TikTok - https://www.tiktok.com/@theairbnbnomadspodcast

YouTube - https://www.youtube.com/@Lifebeyondbroke/