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Nineteen years ago, I read Rich Dad, Poor Dad by Robert T. Kiyosaki while trying to figure out what I should do with my life after university, apart from getting a nine-to-five job and living pay cheque to pay cheque,
While I was focused on my goals and career, I was unable to allocate enough time and money to bond with my family and friends. It soon became clear to me that I should be working toward investing into my own business that would generate money, even if I wasn’t physically present.
Ten years ago, I made a decision to do something about it. I used the equity in two of my properties and channelled it into my own management rights business. I read everything on the subject, including information about the body corporate, caretaking, building management, sales, relationship building, communications and systems.
I was also mentored by some of the most successful management rights insiders, and more importantly, applied everything they taught me into building a comfortable income and lifestyle.This experience made me realise management rights was the best business vehicle to provide me with cash flow and flexible time, particularly considering I’m very conservative with my money and don’t like taking risks.
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