22 – Why property developers should understand the velocity of money

Understanding the power of the velocity of money can help property developers accelerate their net worth and grow their property developing business. Property developer Dave Bradley shares why he focuses on the velocity of money and gives tips on how you can take your property developing to the next level. This is part two of my conversation with Dave. If you haven’t heard part 1, make sure you go back to episode 21 and take a listen because Dave shares some absolute golden advice on how to grow your developing business. And in this part we dig deeper to unearth even more bullion about how you can take your business to the next level. Dave and I talk about the questions you need to ask if you want to scale your business, what holds people back from taking the next step, and his one tip for developers who aspire to greatness. So get your pen and paper out and get ready to take some notes. We pick up where we left off, with Dave sharing where he plans on taking his developing business…. I really enjoyed speaking with Dave and I hope you picked up some ideas and tips for taking your developing to the next level. It was awesome of Dave to share so much of his time with me, and I’d encourage you to reflect on some of the questions he posed. Property Development Training If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects. So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside... Property Developer Quiz Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at… Become a Million Dollar Property Developer Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory. In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way. Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development. This book has the answers for how you can make the leap into property development. Grab your copy now. Social Connection Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast Tips for property developers Here’s the points from this week’s conversation that resonated with me: 1. Go as hard as you can As Dave said, you only get one go around the board so make the most of it. If you set yourself some lofty goals, you might surprise yourself by achieving them! 2. Challenge your limiting beliefs Most of what holds us back is our fears, or limiting beliefs - but they are simply figments of our imagination. In developing, for pretty much any situation, there’s probably been someone who has already faced that challenge and overcome it.