{"id":164559,"date":"2025-01-11T20:30:32","date_gmt":"2025-01-11T09:30:32","guid":{"rendered":"https:\/\/propertyupdate.com.au\/?p=164559"},"modified":"2025-01-10T09:47:02","modified_gmt":"2025-01-09T22:47:02","slug":"3-lessons-i-learned-at-wealth-retreat","status":"publish","type":"post","link":"https:\/\/propertyupdate.com.au\/3-lessons-i-learned-at-wealth-retreat\/","title":{"rendered":"3 Lessons I learned at Wealth Retreat"},"content":{"rendered":"<p>Would you like to take a peek behind the curtains to understand what goes on at our Wealth Retreat each year?<\/p>\n<p>We're currently planning for this year\u2019s Wealth Retreat on the Gold Coast in early May, which is not really that far away.<\/p>\n<p>However, I'd like to share some lessons from last year's event that have helped since.<\/p>\n<p>By the way...it is not only what we learned from the world-class presenters up on stage but also what we learned from other guests.<!-- Shortcode [markbouris] does not exist --><\/p>\n<p>After all, how often do you find yourself in a room full of successful, like-minded people, that walk and talk the same language?<\/p>\n<p>Opportunities like this are few and far between and are not to be missed.<\/p>\n<p>While I could go on all day talking about the 5-day event, I have short-listed the three most popular takeaways our clients took away.<\/p>\n<p>Many think this is a property event, but as you will soon find out, there is much more to it!<\/p>\n<p>Here are my thoughts:<\/p>\n<h2><span class=\"toc_link\" id=\"lesson-1-creating-wealth-is-a-process-not-an-event\">Lesson 1 \u2013 Creating Wealth is a Process, Not an Event<\/span><\/h2>\n<p>Are you waiting for a big change of luck or maybe a once-off event to boost your wealth?<\/p>\n<p>If you are like the majority of Australians, winning the Lottery may feel like the only option to becoming wealthy.<\/p>\n<p>When I started my wealth journey, I was always waiting for something \u201cbig\u201d to happen.<\/p>\n<p>I too played the lottery and waited and hoped.<\/p>\n<p>Maybe one day I would buy a property and develop it to then sell for a huge profit.<!-- <div class=\"adplugg-tag\" data-adplugg-zone=\"michael_yardney_wr_body_\"><\/div> -->\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"the_sentiment_campaign_body_\"><\/div><\/p>\n<p>I was searching for a one-off event, but it never seemed to come.<\/p>\n<p>To my relief and probably yours, I found out there is a better way.<\/p>\n<p><a href=\"https:\/\/propertyupdate.com.au\/author\/michael\/\" target=\"_blank\" rel=\"noopener\">Michael Yardney<\/a> had a great session where he explained is about using a specific framework to find a pathway to your goals.<\/p>\n<p>We started out by working out what our end goal is, that is what we would like to achieve, and in what timeframe.<\/p>\n<p>Then by following the proven framework, we can reverse engineer and put the steps in place to understand what is required to get there.<\/p>\n<p>I found some solace in this exercise, as I now had a blueprint for my goals and they no longer appeared as a dream or wishes.<\/p>\n<p>It also gave me a level of certainty as I no longer did \u2014 I have to focus on the short term, getting the timing right, or worrying about interest rates or black swan events.<\/p>\n<p>I walked away with a greater level of direction and certainty, more than at any stage before!<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-164563 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/growing-wealth.jpg\" alt=\"Growing Wealth\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/growing-wealth.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/growing-wealth-600x338.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/growing-wealth-300x169.jpg 300w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2><span class=\"toc_link\" id=\"lesson-2-time-and-task-prioritisation\">Lesson 2 \u2013 Time and Task Prioritisation<\/span><\/h2>\n<p>How is your Time Management?<\/p>\n<p>I know that this is something I have worked on before but coupled with task prioritisation, it took on a whole new meaning.<\/p>\n<p>Michael Yardney and <a href=\"https:\/\/propertyupdate.com.au\/author\/mark-creedon\/\" target=\"_blank\" rel=\"noopener\">Mark Creedon<\/a> combined to share some of the secrets they share with their clients at <a href=\"https:\/\/metropolemastermind.com.au\/\" target=\"_blank\" rel=\"noopener\">Mastermind Business Accelerator<\/a>.<\/p>\n<p>Michael started out by working on what our A, B, C, and D class activities are.<\/p>\n<p>In short, A-class activities are generally events that happen maybe only a couple of times each year but can generate the greatest amount of income.<\/p>\n<p>An example may be attending an event like Wealth Retreat.<!-- <div class=\"adplugg-tag\" data-adplugg-zone=\"mark_creedon_wr_body_\"><\/div> -->\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"the_sentiment_campaign_body_\"><\/div><\/p>\n<p>B-class activities are next and while not as important as A-class activities will still generate a good amount of income and so on to C-class and then D-class activities.<\/p>\n<p>D-class activities are the least of the income-producing tasks, like fixing a printer or minor admin tasks.<\/p>\n<p>This was a great exercise to understand where you are your most dollar productive, which Mark then backed up with a great concept called <a href=\"https:\/\/www.youtube.com\/watch?v=v5ZvL4as2y0\" target=\"_blank\" rel=\"noopener\">Rock, Pebbles, and Sand Story<\/a><\/p>\n<p>It linked in really well with A, B, C, and D tasks as worked toward greater calendar management and prioritising time and tasks.<\/p>\n<p>Mark followed this up with a session on delegation, therefore allowing superior efficiency by delegating the less productive D class activities.<\/p>\n<p>While I was initially skeptical of Mark's claims to find me \u201can extra day per month\u201d, I now understood how this is possible.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-164564 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/priority.jpg\" alt=\"Priority\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/priority.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/priority-600x338.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/priority-300x169.jpg 300w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2><span class=\"toc_link\" id=\"lesson-3-a-wealth-thermostat\">Lesson 3 \u2013 A Wealth Thermostat<\/span><\/h2>\n<p>I have written previously about this idea of a Wealth or <a href=\"https:\/\/propertyupdate.com.au\/what-is-your-financial-thermostat-set-for-why-that-is-important\/\" target=\"_blank\" rel=\"noopener\">Financial Thermostat<\/a>. <!-- <div class=\"adplugg-tag\" data-adplugg-zone=\"brett_warren_wr_body_\"><\/div> -->\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"the_sentiment_campaign_body_\"><\/div><\/p>\n<p>I heard this explained really well by\u00a0<a href=\"https:\/\/michaelyardneybooks.com.au\/\" target=\"_blank\" rel=\"noopener\">Michael Yardney<\/a>, who often uses a cup analogy.<\/p>\n<p>Your mind is like a cup, once it is full of water, it overflows, and you are unable to put any more water into the cup.<\/p>\n<p>To take on more water, you need to increase your cup size.<\/p>\n<p>So, to increase your financial thermostat, and therefore your wealth, you need to increase your mind's capacity.<\/p>\n<p>If you liken the water to opportunity and your mind to the cup, once your mind reaches capacity, you may miss opportunities that come your way.<\/p>\n<p>Perhaps one of the best ways to increase your brain power is through self-education.<\/p>\n<p>I know that Warren Buffet still reads 5-6 hours per day and Bill Gates up to 50 books per year.<\/p>\n<p>By the way\u2026..<\/p>\n<p>Have you ever wondered what your financial thermostat is set for?<\/p>\n<p>You won\u2019t like the answer \u2013 which is <strong>exactly where you are right now<\/strong>, otherwise, you\u2019d already have more!<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-164565 img-responsive\" src=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/wealth-thermostat.jpg\" alt=\"Wealth Thermostat\" width=\"800\" height=\"450\" srcset=\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/wealth-thermostat.jpg 800w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/wealth-thermostat-600x338.jpg 600w, https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2022\/05\/wealth-thermostat-300x169.jpg 300w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2><span class=\"toc_link\" id=\"in-summary\">In Summary<\/span><\/h2>\n<p>While I have summarised a few short key lessons I took away from <a href=\"http:\/\/www.wealthretreat.com.au\/\" target=\"_blank\" rel=\"noopener\">Wealth Retreat<\/a>, there are many more things to act upon and implement.<\/p>\n<p>Once again, the feedback from last year's event on the content and quality of speakers was exceptional.<\/p>\n<p>Many of our clients have voted with their feet, with around 30% of this year\u2019s participants committing to coming again next year.<\/p>\n<p>Wealth Retreat is not solely a property or business event, it encompasses a range of areas and topics.<\/p>\n<p>When was the last time you dedicated 5 days to work on yourself?<\/p>\n<p>5 full days to work on your mindset, set goals, economic cycles, wealth fundamentals, and business skills.<\/p>\n<p>I know I would not have achieved the level of success I have if I had not attended this event on a regular basis.<\/p>\n<p>If you are interested in Wealth Retreat 2025 please <a href=\"https:\/\/wealthretreat.com.au\/\" target=\"_blank\" rel=\"noopener\">click here now<\/a> to find out more.<\/p>\n<p>It's your chance to take your property investment, career, or business to a much higher level \u2013 or change the script completely and set off on a new path that\u2019s better aligned with your passion and purpose.<\/p>\n<p>If you are interested in joining us, please\u00a0<a href=\"https:\/\/wealthretreat.com.au\/\" target=\"_blank\" rel=\"noopener\">click here now<\/a> to register your interest and have a qualification interview with one of our team. We want to make sure attending would be right for you - <strong>but don't count yourself out!<\/strong><\/p>\n<p>It is a unique opportunity \u2013 a very rare chance to work with a great team of mentors.<\/p>\n<p><a href=\"http:\/\/www.wealthretreat.com.au\/\">Wealth Retreat<\/a> attracts an extremely high calibre of attendees.<\/p>\n<p>These are people who are already successful and willing to take serious leaps in their careers, their personal lives, and the contributions they\u2019re making in the world.<\/p>\n<p>They\u2019re the courageous few who dare to step out of the dominant culture of resignation and mediocrity and endeavour to create the life of their dreams.<\/p>\n<h2><span class=\"toc_link\" id=\"dont-count-yourself-out\">Don't count yourself out...<\/span><\/h2>\n<p>When you surround yourself with such motivated, energized, spiritually charged people, you tap into the power of the group and become more energized and powerful yourself.<\/p>\n<p>There\u2019s no limit to what you can accomplish with the support and encouragement of such incredible people!<\/p>\n<p>Please note that to ensure the best possible experience, Wealth Retreat is\u00a0<strong>limited to a small number of participants only.<\/strong><\/p>\n<p><a href=\"http:\/\/www.wealthretreat.com.au\/\">Learn more and register your interest today.<\/a><\/p>\n<p>The whole team look forward to helping you perfect the life of your dreams!<\/p>\n<p><span style=\"color: #0000ff;\"><em>By the way, if after chatting with us you feel you, your property investments, or your business would benefit from you attending Wealth Retreat Michael Yardney will take the risk - He's prepared to guarantee your satisfaction. <strong>Put him to the test!<\/strong><\/em><\/span><\/p>\n<!-- <div class=\"adplugg-tag\" data-adplugg-zone=\"wealth_retreat_desktop_\"><\/div>\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"wealth_retreat_mobile_\"><\/div> -->\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"the_sentiment_campaign_mobile_\"><\/div>\r\n<div class=\"adplugg-tag\" data-adplugg-zone=\"the_sentiment_campaign_desktop_\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Would you like to take a peek behind the curtains to understand what goes on at our Wealth Retreat each year? We&#8217;re currently planning for this year\u2019s Wealth Retreat on the Gold Coast in early May, which is not really that far away. However, I&#8217;d like to share some lessons from last year&#8217;s event that&#8230;<\/p>\n","protected":false},"author":94,"featured_media":164561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,653],"tags":[572,1183],"class_list":["post-164559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-property-updates","category-personal-finance","tag-feature-featured","tag-homepage-top"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>3 Lessons I learned at Wealth Retreat<\/title>\n<meta name=\"description\" content=\"Would you like to take a peek behind the curtains to understand what goes on at our Wealth Retreat each year? 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