The Progressive Property Podcast How the Make Cash Challenge Winners Generated £260K+ in One Week | Progressive Property's Race to 10K Winners
Rob and Sean interview the top three winners of the Make Cash Challenge. Find out how third place Nick overcame his fear of asking family for money and secured a property deal with £40K equity, how second-place Fezan raised £42K and put offers on seven properties and how first place Phil generated a staggering £160K in just seven days! These inspiring success stories show what's possible when you combine accountability, support and the right motivation to take action.
KEY TAKEAWAYS
- Overcoming the money talk barrier can yield surprising results, Nick's biggest challenge was having a difficult conversation with his sister about borrowing money but after facing his fear, she immediately agreed to lend him £10,000 for his property project.
- Diversifying income streams creates financial resilience and Nick not only secured property deals but also set up an eBay shop, planned an Etsy store, purchased silver as an investment, and is launching a podcast about efficiency and property investing.
- Corporate experience can be leveraged into entrepreneurship. Fezan, a Senior VP at a global investment bank, is transitioning his 16-17 years of corporate financial experience into coaching and mentoring others while building his property portfolio.
- Action beats perfection when launching a business, Fezan learned that while taking action is crucial, proper market research (especially regarding competitor pricing) is equally important when designing products and sales funnels.
- Structured challenges provide the accountability needed to overcome procrastination. All three winners emphasised that the daily accountability, reporting requirements, and motivation from seeing others succeed pushed them to take actions they had been postponing.
- Simple mortgage optimisation can generate significant savings, Phil generated £45,000 by simply refinancing his mortgage, demonstrating that reviewing and optimising existing financial arrangements can yield substantial returns with minimal effort.
BEST MOMENTS
"The most challenging thing was having a conversation with a family member to raise some capital. We're taught at an early age, don't talk about money, save money, save money and then actually get around to have that conversation, get pleasantly surprised by the outcome."
"I'm sort of a lazy guy in some respects that I need a bit of a boost of motivation to actually go in and take action, because I'm kind of comfortable at least gotten comfortable at a certain time. So I need the kick on the backside just to kind of go upon and actually do it."
"What I've learned from that is that, yes, action taking is important, but doing the research work as well, people who are serving within the same niche and pricing your products correctly is also important at the same time."
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Sean Fitzpatrick is a property investor, educator, and the Face of Progressive Property. With a 6-figure portfolio and expertise in creative strategies, finance, and off-market deals, Sean shares success stories from the Progressive Property community, expert insights, and real-world strategies to help investors succeed. Tune in for practical tips and no-nonsense advice to accelerate your property journey.
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