I preferred to invest in my business last year as returns in Brisvegas were not suitable to me. I am looking at development sites now, we'll see what 2004 brings.
Due to the strong investor interest over recent times my Property Management department grew alarmingly, we came second to Ipswich for highest growth last year. This gives me good returns and high capital growth.
Keiran - Your plan is outstanding, congratulations and well done. Having a clear plan and most of all having it in writing will help you see it clearer and know what you are aiming at. With such clear vision you are almost guaranteed success.
I have just returned from Coolum Bch where I have been on holidays. Whilst I had an opportunity to relax and look at my plans I almost completed my business plans for 1,2 and 3 yrs. I will finish them this week now I am back at work. It is exciting to put down on paper your thoughts, share them with your team and then regularly analyse them to see you are on track.
A couple of thoughts on plans. John McGrath told me last year your plan should be as little as possible, 1-2 pages at most for each section (for want of a better word), which is exactly as you have done. Point is, it doesn't have to be a novel, keep it simple. He believes if it is too large you will not review as often as necessary. Yours seems clear and precise which is great.
Another one is have a photo of your goal and put it somewhere each day where you will see it and will remind you of what you are making sacrifices for. For many people the fridge is a great place, Justin Herald of Attitude fame had a car he wanted on his fridge. I have various sayings and messages that inspire and motivate me in my shower ( I'm a lousy cook and never enter the kitchen
). Ever since I have done this I have found my day has much more purpose and my mindset is clear from the start. It works for me.
Wishing everyone a prosperous 2004.
Kev
www.nundahrealestate.com.au
