Maplewood Covenant Business The Benefits of Having a Mortgage Broker

The Benefits of Having a Mortgage Broker

By John Sage Melbourne

It’s clear that the banking royal commission has thoroughly shaken up the mortgage broking sector. What are the anticipated effects of minimal access to mortgage brokers impact investors?

Follow John Sage Melbourne for more professional property investment suggestions.

Kenneth Hayne’s final report for the banking royal commission,focused generally around access to mortgage brokers and lending institutions,prompting the federal government to examine ‘borrower pays’ reimbursement structure for mortgage brokers in 3 years. Currently,mortgage brokers offer a free service for Australian debtors.

Experts unanimously think that this change to a ‘borrower pays’ model would cause property investors to suffer as it restricts their capability to secure competitive financing.

Borrowers themselves have been shown to favour the services of mortgage brokers through the Customer Access to Mortgages Report,a research study produced by Momentum Intelligence which shows higher satisfaction levels with Australians who use a mortgage broker versus those who go direct to a lender.

What difference do mortgage brokers bring to the property investment experience?

The Mortgage Broker Distinction

Anecdotal proof from skilled property investors shows the worth of mortgage brokers,especially when compared to going straight to the bank for financing.

People who have secured dozens of home loans and have attempted both choices credit going to mortgage brokers with their durability as property investors.

What’s more,mortgage brokers have been able to assist investors by presenting their paperwork in a specific way so that it has a better chance of being authorized. Effective experiences with mortgage brokers enable individuals to prosper on their property journey.

For additional information about property investment,check out John Sage Melbourne here.

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Startup Advice for Entrepreneurs – The Vegas Money FormulaStartup Advice for Entrepreneurs – The Vegas Money Formula

The Vegas Money Formula teaches you how you can make small bets on to break through the noise and accelerate return on your efforts.


If you are ever listened to a professional in the online marketing or startup area,you’ve probably heard advice that seems somewhat like this,”Figure out how to get an extra hour out of each day and use that opportunity to work.” Or perhaps you’ve heard this one,”Live as little money as you can until you’ve got a profitable startup.”

I’m here to tell you that this advice isn’t just outdated,but it may very well be the reason whyyou haven’t made much progress on your business idea.

The Vegas Money Formula may be the piece of the puzzle you’ve been missing. Your big break.

Why Most Startup Advice Out There Doesn’t Work Now

Organic Reach online Has Declined Dramatically

Many of the gurus offering advice online have been in existence since the early days of the Internet,when getting fans and views had been easier to hack than it is now. These”experts” expect you to be able to publish something and get an organic audience exactly the same they did.

In March 2013 Google stated they were conscious of 30 trillion pages on the web. By 2016 that amount was 130 trillion and 576,000 new websites are created each and every day.

Because the Internet has grown so hugely,it is more difficult to break through the noise and get discovered. Plus,platforms like Facebook and Google rely on ads to make money so their incentive to surface content is closely tied to earnings.

Take this for instance. When I started marketing years back,when a Facebook company page posted,16 percent of fans saw that post. That number has steadily declined. Unless you specifically pay to”boost your post,today’s average organic reach sits well below 1 percent.

If you want feedback from someone besides your mother or your best buddy,you have to figure out how to break through the noise and get through to your target audience.

Later in this post I’ll teach you some techniques for actually reaching your audience so you get the feedback you require. But first,let’s debunk the”save your pennies” advice that kills the advancement of numerous entrepreneurs.

Why A Scarcity Mindset Rarely Works,Especially for Entrepreneurs

Entrepreneurs tend to be dreamers. They solve problems because they are able to imagine a bigger,better world that exists beyond the present moment.

– LaurenProctor32.com

Most startup coaches who assert”internet freedom” state that if you can hold on and save your pennies for long enough,you will come to hustle your way to success.

I disagree.

To ask an entrepreneur to pull back from their vision and place their physical self in an uncomfortable position is the most surefire method to detach them from their dream.

Instead,I recommend a mindset change. If you can place yourself in a position in which you are not worried about how you are going to pay next month’s rent,you can turn your startup endeavors into a hobby.

This allows you to live comfortably,fuel up on real food and sleep,and spend your free time on leveling up with your business.

Mindset is critical to what we do. A mindset of drama,pursuit,and healthful gambling is fundamental to the Vegas Money Formula.

What is The Vegas Money Formula?

The Vegas Formula for Entrepreneurship is the regular practice of taking a small amount of extra budget from the close of each month and investing it in an experimentation framework that puts you in front of individuals who would potentially encourage your company.

I call the volume you should invest Vegas Money since it ought to be the amount of money you can afford to lose without negatively impacting your everyday life.

The difference between this and actual Vegas is that the house is actually just you (and not some massive smoke-filled casino dinging with slot machines).

Rather than throwing your money at a pair of aces,you are making small,incremental investments in your future.

Later in this article I’ll describe how to implement the Vegas Money Formula,but first let’s explore why it skyrockets your odds of success.

startup advice

Why The Vegas Money Formula Works So Well

What I enjoy most about the Vegas Money Formula is two things:

  1. Unlike actual gambling,the odds are not inherently stacked against you. In actuality,when it comes to entrepreneurship or publishing on the internet,the more attempts you make,the more likely you are to get a hit or go viral. Publishing more and getting feedback from people increases the odds that you’ll find your people and hit on something big.

    Ji Lin of Andreessen Horowitz came out this year and said this to make a comfortable wage in america,you just need 100 people who care enough about what you are doing that they will support you. The more you get out there,the more likely you are to connect with these 100 people.

    Examples and models where these kinds of direct to money support channels exist comprise Substack,Mighty Networks,Memberpress,Thinkific or alternative course platforms,and more.

    If you monetize via e-commerce or something like BuyMeACoffee you are still likely to need more than 100 fans,but the principle still stands.

    The Vegas Money formula puts you in front of people consistently. If you’re willing to learn from the comments that the formula provides you,you are increasing your odds of locating the supporters you need to succeed.

  2. If you win big,the payouts offer an outsized return on your investment.

    There was a window after World War II when faithful office employees were basically guaranteed a job for a very long time. Workers higher up on the corporate totem pole got company cars and expense accounts that allowed them to wine and dine without making a dent in their ever growing pool of wealth. For instance,this was a set of the wealthy class who always knew they could rely on an increasing savings account.

    Those times no longer exist and most people nowadays are made to work on an hourly basis with perks,bonuses,or an expense account. In the modern world,the most likely way to make outsized returns for yourself is to either increase your hourly rate or break away from snare of trading your time for money.

    The Vegas Formula functions to boost your value or assist you experiment with new monetization models that disassociate your time from money.

    Now that you have context for what the Vegas Formula is and how it works,let’s discuss how to incorporate it into your daily life.

How to Implement the Vegas Money Formula For Your Thought

Start with an Experiment (or Collection of Experiments)

Map the Parameters and Key Performance Indicators (KPIs)

Spend Your Money Wisely

Observe the Results

Start Over,Only Smarter This TimeFor a free tutorial on how to do this,go to

High Fidelity Artisans

Turn Intention Into ActionTurn Intention Into Action

By John Sage (financial advice)

You have made it! We’re now at the end of my blog series about the secret rules of wealth development. If you’ve come this far,you are in a much better area than many other property investors,but your journey to adopting a wealth mindset still isn’t total.
Today,I wish to cover the last 3 guidelines to wealth production,so buckle up – we’re ending this list with three of the most crucial rules in life that you need to follow.

Guideline 8: Action helps

If you’ve read my blog,I hope you’ve felt inspired. That’s my goal. I share my wealth of knowledge with ordinary individuals like you with hopes that you’ll use it to produce real wealth for you and your household.
Pay attention to that word – I hope that you’ll use this information.
See,this information is great,and you might read every monetary book under the sun,but if you don’t do anything with the knowledge,it’s useless.
Investing and creating wealth is a series of actions and you can’t win by resting on the sideline. If you feel stuck like you don’t understand where to go,the very first step is to take action. Wealth will not simply land on your lap.

Rule 9: Proficiency

Individuals get fortunate all the time. Luck is never ever a bad thing,and I would be lying if I didn’t state that luck didn’t influence my monetary success throughout the years. The thing is,I’ve never ever depended on luck.
Luck needs to never be your go-to investing technique,and even in other locations of your life,you should not ever simply hope that you’ll get lucky.
Instead,you need to deal with luck as a nice surprise and a boost to your existing method. How do you go about browsing the financial world without luck? Well,you require skills.
You need to continuously grow and inform yourself,so your investing methods are backed by truths and trustworthy information. Structure skills take time,but given that you’re spending your time reading this blog,you’re on your way.

Guideline 10: It gets simpler

Here we are – the final guideline. The more that you go on this financial journey,the simpler that everything will get.
With every book you read and every choice you make,you’re becoming more skilled,and the difficulties these days will become easy actions for your future-self.

So,with this information and all the rules from the series,it’s clear what your next action is:
With your new-found values and set of guidelines,start making choices and take action. Make mistakes,make fantastic choices,get lucky.

Click here for more advice from John Sage.

www.johnsage.com.au John Sage (financial advice)

The 5 Steps You Need to Follow For Effective VisualisationThe 5 Steps You Need to Follow For Effective Visualisation

The 5 Steps You Need to Follow For Effective Visualisation

A surprising number of people think that success and money come simple. Well, the only way that happens is if you inherit it, otherwise, money does not come easy. It takes commitment, work and focus. I’m not going to attempt and charm you into thinking that you’ll be able to get what you want by ‘believing’ in it. Nope. You’re going to need to work for it.

Initially you need clarity, and to get that you need to do the real, tough work of visualisation. Yes, it’s a serious part of the wealth-building process, so be prepared to give it the time and focus it deserves. Visualisation can be broken down into 5 primary actions.

Step One: Clarify Your Objectives

I am constantly shocked by how many people I meet have no idea what their goals are. It’s crucial that you actually comprehend your own objectives. Don’t be substandard here. If your objectives are ‘to succeed’ or ‘make more money’ then you either have no creativity or you’re slouching. Believe particularly. The objectives you set requirement to be important to you, something you’re prepared to work your ass off for, and they require to be particular.

Step Two: Live the Goal

In action two, you need to picture that you have achieved your objectives. This is not daydreaming about the future. It is actually reflecting on a reality that you have produced. For visualisation to work, you should produce a vividly real understanding with your conscious and sub-conscious mind that you’ve accomplished your objectives. Push through any awkward feelings, as this is crucial to your future success.

Get yourself into a deeply relaxed state. With your eyes closed, look at your environment. Where are you? How does it smell? What does it look like? Listen to yourself engage with individuals around you. Who are they? How do they respond to you? How does your truth look now that you’ve accomplished your objectives? Relish the sensation of your life now that you’ve done what you set out to do. Let each of your senses inform you about this truth. You can do this for minutes or hours, however do it often enough that you can quickly remember it.

Step 3: Shape the Course

Now, concentrate on the very specific steps you had to take to reach that reality. Picture yourself doing the work. This is the part that can often be missed in visualisation exercises. It’s obviously important to know what you needed to do to reach your dreams.

Step Four: Take Note

When you come out of the visualisation, write it down! File each and every single step that you saw in part three of the visualisation workout. Review what you have written. This is your new life plan if you want to achieve the result you visualised.

Step Five: Take Action

Start at the beginning and don’t end up being paralysed with the fear of failing. This is not the time to procrastinate. Look at what you need to do and do it. This is your life. Do not ignore it.

Conclusion

Visualisation can be easily written off as a new age trend. I understand from my own experience and the experiences of others who have achieved great wealth that visualisation is an important and necessary action in the process of structuring personal wealth.
What do you believe? Follow me on my John Sage website and social networks to talk more about visualisation and other wealth structure tools.