
How I Made It
How school dropout Nigel Satterley built a $500 million property empire
Episode guests
Podcast summary created with Snipd AI
Quick takeaways
- Building trust and nurturing relationships is crucial for business success.
- Determination, resilience, and a relentless drive are essential in overcoming challenges and achieving success.
Deep dives
Nigel Sattley's Journey in Property Development
Nigel Sattley, a successful property developer, started his career by selling Levi's jeans before venturing into the property game. He established Statesman Homes and became the largest home builder, selling thousands of homes. Eventually, he sold Statesman Homes to Len Buckridge and used the proceeds to start Sattley Property Group. Despite challenges like rising interest rates and economic crunches, Sattley developed a reputation as the 'real estate doctor,' fixing up troubled projects. He expanded his business to Melbourne and Southeast Queensland, forming valuable relationships along the way. Sattley's focus has always been on fairness and nurturing good assets, rejecting the idea of listing his company unless necessary for capital raising.