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How to 5x Your Real Estate Business in 2024

How to 5x Your Real Estate Business in 2024

Released Thursday, 7th December 2023
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How to 5x Your Real Estate Business in 2024

How to 5x Your Real Estate Business in 2024

How to 5x Your Real Estate Business in 2024

How to 5x Your Real Estate Business in 2024

Thursday, 7th December 2023
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Episode Transcript

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0:00

Tom Panos , john McGrath , troy

0:02

Malcolm . It is the finish

0:04

line . It is Grand Final Day

0:06

, the last and final episode

0:09

, not forever , but for 2023

0:12

. Troy John , how are you going ? Good

0:15

, very good , thank you very much , troy

0:17

.

0:17

Good yeah , like I think , just

0:19

to let our listeners know this is going to be our last

0:21

podcast for this calendar year

0:24

. I think a lot of our listeners

0:26

, an audience and the gym members of Tommy

0:28

and Susan are heading off over

0:30

the next week or two . We thought

0:32

we'll finish strong while we've still got a full house

0:37

. We'll talk about a few things today , troy . I think we're going

0:39

to kick off a little bit . We've been having

0:41

a lot of our own internal discussions about how

0:43

do you reset for the new year . I

0:46

like that word , tommy reset . It's

0:48

kind of like reset back

0:50

to zero . I mean , what

0:52

are you going to do for next year ? I

0:54

was talking Troy

0:56

and I went up to in our new Lennox head office

0:58

, tommy , which is a pretty beautiful

1:00

place and a beautiful office . To be quite frank , I

1:04

was talking to them a couple of days ago . One of

1:06

the things I said that seemed to get

1:09

their attention . I said are you interested

1:11

in five-acting your business ? People

1:13

kind of glaze over a bit . Yeah , but it's not going

1:16

to happen . I don't want to work that hard . I don't need

1:18

that much stress . I said what if it was

1:20

no more time , if it was less stress

1:22

and no more time , maybe even

1:24

less time . They said , yeah , what's the

1:26

formula ? I said , well , the

1:28

average agent , probably average agent . I'm

1:31

not saying Matt Steinmeier

1:33

, I'm saying average agent probably

1:35

attends 10 listing appointments

1:37

a month . Yes , I said

1:40

how many you're winning ? Some of the audience

1:42

says , oh , maybe three , maybe four . I

1:44

said , yeah , let's call it one out of three 33%

1:47

. I said how do we get

1:49

you to five X , if next

1:51

year you start turning up to the same 10 , no

1:54

extra time , no extra hours , but you're turning

1:56

up a better version of yourself , sharper

1:59

, better dialogue , better

2:01

presentation , better closing skills all

2:03

the things that we talk about throughout the year

2:06

. You turn up

2:08

and instead of getting three out of 10 , we can help

2:10

you through skills , get to seven

2:12

out of 10 . Not

2:14

only are those extra four sales going to be

2:16

an immediate and

2:19

tangible doubling effect , it's

2:21

the spin-off business , tommy , and you've talked about

2:23

it for years . It's the spin-off business

2:25

that everyone's going to get , because

2:27

, with those extra four boards in the market

2:29

and extra four properties on REA and

2:32

extra four vendors to

2:34

create raving fans , and each one's going to have

2:36

30 people come through the campaign

2:39

. So you've got another 120 buyers to delight

2:41

, and then four people are going to buy the

2:43

properties . So you've got another four people you can list and

2:45

sell . So the effect is not of going

2:48

from 33% to 66%

2:50

. It's not a doubling effect in terms

2:52

of the success of your listing presentation . It

2:55

probably , over the next two or three years

2:57

, is a four or five times

2:59

. And we look at Alex Jordan and

3:02

I shared his numbers with you privately , tommy

3:05

, and I won't disclose him here . It's his business

3:07

, but this guy is writing

3:09

telephone numbers every

3:11

month and a few short years ago

3:13

he was writing $380,000 a year

3:15

after 12 years in the business . So

3:18

what did he do ? And it's probably the question I

3:20

get asked most , tommy , is he

3:22

just tightened up a few areas of his business

3:24

? He put laser focus on a particular part

3:26

of his market . He was always good at

3:29

servicing clients , but he got better and

3:31

he did a number of things . And then what we saw is

3:33

you've seen in the Cartoon Troid the snowball

3:36

that starts at the top of the hill and it's little and

3:38

they roll it down the hill and halfway down it's bigger

3:40

and better and stronger and faster , but Tommy gets

3:43

to the bottom , it's a wrecking ball and

3:46

that's what happens , and we call it Tommy

3:48

off of the tipping point . You get

3:50

to a certain stage and Tesla's

3:52

there and Alex Jordan's

3:55

there , and Matt Steinmaid's been there , and Tostavon's

3:57

been there and Phil Harris has been there you

3:59

get to a stage in your career where you're actually growing faster

4:03

with less effort , because you've

4:05

become an attraction agent . So

4:07

I just want people to remember as they contemplate

4:10

over Christmas . You know , just , you

4:12

know , remember , alex Jordan was in real

4:14

estate for 12 years and his best year was 380

4:17

, and the guy's now riding over a minion

4:19

a month and

4:21

he's having a ball and he's assembled

4:24

a great team around him , and

4:26

that can happen to anyone that's listening

4:29

here today , and the same

4:31

story to Matty Stymie and many others that

4:33

we talk about . So I really

4:35

want people over the break , tommy , to

4:37

sit down and think about what is

4:39

holding them back . I don't know

4:42

if you guys ever listen to Esther Hicks . Do you ever listen to

4:44

Esther Hicks ?

4:45

Matty Stymie put me on to her and

4:47

it was a period . Mat said he only was

4:49

listening to her and no one else . But

4:52

go on , she's a great , she's

4:55

brilliant .

4:55

She's at the esoteric end of the scale , troy

4:57

, as you know . So some people switch

4:59

off and I really disappoints me because if you

5:01

listen to it it's

5:03

actually scientific and it's brilliant

5:06

, but it might sound to the uninitiated

5:08

at the spiritual end of the scale . But

5:11

she talks about if you get your vibration on alignment

5:14

and she talks about everything is just about energy . And

5:16

anyone that missed Mat Stymie's

5:19

fairly recent TikTok about energy

5:21

, where he's talking in the car to Jordan Bulma and

5:24

Jordy rings him up and he said I'm hitting his flat spot

5:26

and I'm a bit tired at the end of the year . Mat just talks him

5:28

through it . It's a five minute piece

5:31

of gold . I think I sent it to you , tommy

5:33

. I think you listen to him anyway , and

5:37

just , it's all about tweaking the things

5:39

to get yourself aligned . And she talks a lot

5:42

, troy , about removing the resistance

5:44

and friction that you are yourself creating

5:47

in your life . So she says you know , you don't

5:49

actually have to go out there and

5:51

get too much more in terms of skills

5:53

and effort in your life , in your business . What

5:55

you got to do is get rid of the stuff , and it's

5:57

usually around energy and beliefs that's

6:00

holding it back . You know that little inner voice

6:02

that talks you out of doing things and that

6:04

little lazy conversation you have

6:06

with yourself and all those sort of things . So

6:09

I just think what a great time

6:11

between now and when

6:13

people get running 100% next

6:15

year , which might be a few weeks time

6:17

what a great time

6:19

to be resetting and being honest with yourself

6:21

and saying what do I have to change

6:23

to be the best version of myself ? And

6:25

don't be embarrassed about the answer , because if

6:28

it's your , you hate rejection

6:30

. Well , guess what ? Welcome to the human race

6:33

. Each and every one of us hates rejection . The

6:35

only difference , tommy , is the people that actually get ahead

6:37

, they hate it , but they don't let it stop them , whereas

6:40

the people that don't get it , they hate it and they

6:42

therefore go and find something else to do and then

6:44

invent an excuse . So

6:46

you know , I'm really when I'm talking

6:49

with our team , it's just about doing a reality

6:51

check , being honest with yourself , taking

6:54

extreme ownership , just not

6:56

not laying blame anywhere . I mean , how many times

6:58

true do we hear , even in our company and

7:01

I think we've got a very strong cultural mindset

7:03

but people blaming competitors

7:05

? I heard it the other day . Someone is at

7:07

one of our offices I think we'll go

7:09

down in Melbourne and they said , oh , you don't understand

7:11

. The competition is charging half a percent

7:13

and paying for marketing . So in essence

7:15

they're saying they're doing it for free . And

7:18

I said you know , that's not stopping you , that's

7:21

not stopping you . There's a conversation and have with a vendor

7:23

that makes that sound ridiculous

7:25

. To want to entertain engaging

7:27

someone for the most valuable mandate

7:29

of your life , most valuable appointment

7:31

you're going to have in a business sense , and

7:34

you're putting on someone that's prepared

7:36

to do it for free because they're that desperate

7:38

and because they've got no other option , I

7:40

mean just doesn't make any sense . So

7:43

I would do that . The other thing , tommy , just to

7:45

mention , there's

7:47

a guy , as I said to Troy this morning , his

7:50

name is Honda and ironically

7:52

he started Honda . Anyway , he's

7:55

renowned for a number of quotes and sayings

7:57

, but the one that struck me that I

7:59

heard recently on a podcast was

8:01

90 success is 99% failure

8:04

, and I thought that's so right

8:06

. You know you make the hundred calls

8:08

. You may only get one listing , but I've got

8:10

to tell you that listing is a beautiful

8:13

outcome for that week's calls or that day's

8:15

calls , and it's turning

8:17

up . It's you know you show 100 buyers

8:19

through a property , you've only need one of the hundred to buy it and

8:22

that's another great outcome and another raving

8:24

fan and another sale and another new customer . But

8:27

you've got to get through the 99 that say no

8:29

and often slag the property office

8:32

. Not just no thanks , it's no thanks . This

8:34

is terrible . I wouldn't buy it if you gave it to me . So

8:36

there's often a bit of negativity thrown

8:38

around for the people that don't want to do business with

8:40

you . And I get it . It's

8:42

hard to go to six listings and miss five

8:44

and turn up to the six , but that's the deal

8:47

, you just got to do it . You got to do it .

8:51

I was going to say there's no doubt

8:54

Go Sorry , John .

8:56

What are your insights ? You look back on the other . That's just

8:58

for me . It's my let's 5X

9:00

the business . Work no extra hours , have less stress

9:02

, have more fun in 2024 , forget

9:05

the market . It's irrelevant to you . Forget the

9:07

competition , they're irrelevant . Take

9:09

ownership . So that's kind of where I'm seeing

9:11

things . What about you as you reflect

9:14

on 20th ?

9:14

No , doubt , john , mine are going to sound

9:16

very similar to yours in many ways , because I think

9:19

we have a very similar view on what we

9:21

can control and what we can't . We talk about the inner

9:23

market and the outer market so often . What

9:26

can we and what do we know to be true in

9:28

2024 ? Market conditions are going

9:30

to change up down , better , worse

9:32

. We know they're going to change at some point

9:34

in time during the course of the next 12 months , the same way

9:36

that if we had this conversation 12 months

9:38

ago , we would have said the same thing . So

9:41

market conditions are going to change . What we

9:43

can understand and what we do know as agents

9:45

is that we could adapt to that change

9:47

and we can see the new market , because we've

9:49

seen that translate in so many cases

9:51

this year where we've seen agents have better years

9:54

than they've ever had . Why ? Because

9:56

they've had the ability to understand where the market is going

9:58

, adapt to change , adapt their pricing

10:00

strategy and make sure that they're consistent

10:02

with all of the things that we know make a successful

10:05

real estate agent Communication

10:07

, educating themselves , training , setting

10:09

expectations , making sure they're delivering world-class

10:11

, open for inspections . So anyone that's

10:13

listening to this podcast in particular , I

10:16

take 10 minutes , 20 minutes , half

10:18

an hour , and sit down at the

10:20

end of this or when you get a quiet moment over

10:22

the next couple of weeks leading into Christmas and

10:25

work out how did you perform , prospect

10:27

least , negotiate , sell . Give yourself

10:29

an honest score out of 10 . If you're three

10:32

or four out of prospecting , what do you have to do

10:34

over the break to make yourself an eight or

10:36

nine out of 10 ? It's probably only a few little

10:38

incremental changes that's going to have a significant

10:40

impact on your business in 2024 . That

10:43

, along with a really positive mindset and I think

10:45

that that's going to be a huge player

10:47

in the game next year is having the right mindset

10:50

to allow you to create a great business and

10:52

then making sure you are consistent , turning

10:54

up and making sure you're doing those calls . John , so

10:56

you get through 99 and you get that one

10:59

that's going to get a listing that's going to lead to another

11:01

three listings . It's actually a really simple

11:03

opportunity for anyone that's listening to take

11:06

their business and five exit over the next

11:08

12 months if they implement and stay focused

11:10

on the simple strategy of making sure

11:12

they're creating revenue fans .

11:14

Tommy , what are you seeing from the

11:16

people you're coaching and the traction and your

11:18

own personal insights about

11:20

what success is going to require in 2024

11:23

for people to go on and play over the next ? Well

11:26

, during the break .

11:28

Well , I think I interviewed

11:30

Thomas McGlynn on

11:33

one of my real estate gym interviews

11:35

and he said that many

11:39

real estate agents are

11:41

focused on everything else

11:44

but volume , that in reality

11:46

, we're a volume-based business and

11:49

we're probably going

11:51

into a marketplace , and

11:53

Louis Christopher has also confirmed that yesterday

11:55

. He's from SQM Research , so I had someone that's

11:57

got data there . Vendors

12:00

are selling and buyers are buying

12:02

and it doesn't matter whether they're going

12:04

at high prices or they're going at low prices

12:07

, and I understand there are two markets . There's

12:09

the mortgage market people that got mortgages and

12:11

there's also an un-mortgage market . Now , I

12:13

accept that 5 , 10 , 15

12:15

, 20 million people go to Peksa

12:18

and they settle with cash and they're

12:20

unaffected by interest rates . I understand

12:22

that . But the great news is we're

12:25

not like people in crypto or

12:27

managed funds or shares . People

12:30

are always buying and selling because

12:32

of health reasons , divorces , marriages

12:35

, schools , size

12:37

of families , needing to be bigger houses

12:39

, smaller houses , relocations , and

12:42

that's a great story . We

12:44

don't care whether the RBA puts

12:46

it to 15 rate rises

12:48

or to 5 rate rises . So

12:52

I agree with you . I think we're going to have a great

12:54

year and I think what would be good to finish off

12:56

on this podcast is we've

12:58

still got 10 days left . There

13:00

are practical things that you can be doing to

13:03

finish your year that can

13:05

help you . As John

13:07

and Troy , we've used this term every

13:09

year Park your car

13:12

on the top of the hill with a handbrake

13:14

on and come back and effortlessly

13:17

just let it go and fly , and

13:19

you can do stuff right now to

13:22

actually allow that to

13:24

happen . You guys can't

13:26

see it , but up on the screen . What

13:28

I've got here is some

13:31

of the things that I think you can

13:33

be doing in the last 10 days

13:35

. Well , we've got 20 days left , but

13:38

let's say 10 real days that

13:40

you can be doing End of year summary

13:43

calls . I think it's a great thing

13:45

to do . I think calling someone and saying

13:47

, hey , this is what happened this year . I want to wish you

13:49

and your family all the best over

13:52

the festive season , and

13:54

I think you've got to be also very mindful

13:56

that not all cultures

13:58

celebrate Christmas , so be careful

14:01

with the language and dialogue that you

14:03

use . In this diverse country that we have holiday

14:05

, festive season , pocketbook

14:08

listings . I think that's a really good thing that

14:10

you should be doing right now , which is signing

14:13

up stuff and not launching

14:15

it . Listing it now , but launching it later

14:17

. I think there's a lot of vendors

14:20

that say to an agent , let's

14:22

catch up early in the new year and

14:24

talk about our plan . And

14:26

often that phone call never comes . It goes

14:28

to another agent . And I think you can reduce

14:31

the probability of that happening by

14:33

getting things up and rolling . John

14:36

and Troy . What could you say

14:38

to a vendor to

14:40

maybe get them to

14:43

list now and get stuff ready so

14:45

you can launch early in the new year and that

14:47

way both you and the vendor can move away

14:49

with closure knowing there's a plan in place

14:51

. What do you say to the vendor that says , hey , let's

14:53

catch up next year , we'll talk about it then .

14:57

Well , I think the first thing is , if

15:00

we get prepared right here , right now , we

15:03

can do it and select the best times and the best days

15:05

to get ourselves organised , get

15:07

our photography , get our drone shots , get

15:09

our videos . But the interesting thing , tom , is that we find

15:11

that while some selection of

15:14

the community go on holidays , for sure

15:16

, and some will go away , there's a lot of people that are

15:18

coming into Sydney , including

15:20

expats , and at the moment the Australian dollar is at

15:23

close to record lows . There's

15:26

a lot of people . If you'd allow me to pop your board up and

15:30

put you on realstatecomau , I

15:32

think that there's a pretty strong chance we

15:35

could generate some highly qualified

15:37

inquiry . So I would be

15:39

. And that's true . We know

15:41

that REA's stat tells us that I think it's Boxing Day , troy

15:43

that they say is the number one traffic for the year

15:45

, and if it's not , it's one

15:47

of the top few traffic days of the year . And it's

15:49

not a story to get someone listed

15:52

. It's a real story that expats that have

15:54

a base in Sydney or are going to be

15:56

returning to Sydney and have family here are

15:58

going to be coming back . So my view is

16:00

always , as you guys know , my

16:02

view is you never give anyone a recommendation

16:04

to do something that's not in their

16:06

interest , but I think genuinely

16:09

it's in the interest of a seller . If

16:11

you're going to put a board up on the 15th of January , your

16:14

mares will get it up on the 15th of December and

16:17

you might say to me well , look , I'd rather people don't come through over that Christmas

16:19

New Year week . You

16:22

can exclude time to show it , but

16:24

just exposing it to people and

16:26

being able to have a conversation with highly qualified

16:29

people that have got pretty big checkbooks , the

16:31

expats at the moment coming

16:34

back buying at the sort of Aussie dollar low levels , so

16:39

I'd just be working on that . You said something

16:41

before , tommy , which I think is a good point , that there are a lot of agents

16:43

that list properly and put boards up

16:46

on Christmas Eve and then go away themselves for three

16:48

weeks and they don't make any arrangements and

16:50

so forth . Please make

16:53

sure that if you are going away and if you

16:55

don't want to take business calls which is your prerogative

16:57

you either have

16:59

a clear message or you have someone on your

17:02

behalf answering and maybe even showing the properties

17:04

, because there will be opportunities

17:06

to sell over the Christmas new year

17:09

break and if your vendors

17:11

are open to it and if you're open to

17:13

finding a solution , if you're not going to be here , I

17:16

would definitely do that . The other

17:18

thing , tommy , is have a look at all of the . I

17:20

mean , there are going to be people that are going to take unsold

17:22

stock to Christmas , something that might have passed in a few

17:24

weeks ago and I've been watching your terrific

17:26

TikToks , you know , and they're so honest

17:28

and raw and , as you say , most things are selling

17:31

. But it's got harder . We don't have six and

17:33

eight people at auctions . Usually we've got one or two

17:35

and instead of selling 11

17:37

out of 12 , you might be selling seven out of 12

17:39

. So there are . There is more

17:41

expired unsold stock right

17:43

now than there has been throughout most of the

17:45

year in those markets . You've

17:47

got to have a plan for those vendors

17:50

. Are you going to relaunch it , whether it's another

17:52

auction or just relaunch campaign , you

17:54

need to keep people engaged because

17:56

if someone's listed , let's

17:59

say , second week in November

18:01

, and they went to auction around now

18:03

and they haven't sold , if the next time you

18:05

start talking to them about what are you going to do is the third

18:07

week of January , they could have

18:10

clocked out , they could have met another agent over

18:12

the break . Someone else might be chasing an expired

18:14

and getting under you . So I

18:16

think you've got to give everyone a plan . We

18:19

know that prices are the number one reason things

18:21

don't sell , so you might want to have

18:23

some pricing conversation with

18:25

people . But there's plenty

18:27

of things you can do . I mean , I was coaching someone

18:29

yesterday , troy from our Canola

18:32

business , and you know I was just saying

18:35

you could , you should in fact

18:37

you know speak to at least 25

18:39

to 30 of your clients , people

18:41

on your database , and they don't all have to be pipeline

18:43

sellers . They could be past clients

18:45

, they could be influencers . I saw on your slide

18:48

, tommy . He said shot callers , which is great

18:50

. Just get on the phone . 25 , 30 a day

18:52

, that's 150 a week , because

18:54

over the next two weeks you could speak to 300

18:56

people . We know statistically

18:58

that 6% of those people are going to be sellers

19:01

next year sometime . And

19:03

you just say Tom just wanted to . You know , wish

19:05

you and Sulu all the best for Christmas

19:07

and New Year . Obviously , just to let

19:09

you know I'm still around and I'm here to help if you

19:11

need me . I'm just trying to get all my VIP

19:13

clients through and speak to them all just

19:15

to check if anyone's thinking of either buying a

19:18

property , a new property , an investment property next

19:20

year or even contemplating selling a home

19:22

. Because I want to make sure I'm geared up

19:24

to help them . You have that conversation

19:27

to 300 people . I got to tell you you're going

19:29

to double , you're going to have 10 or

19:31

20 pipeline sellers

19:33

. People say , well , we're not sure we're going to talk about over

19:35

Christmas . But yeah , look , we definitely

19:37

be interested in talking to you , I think come January

19:39

. But you've got to be top of mind

19:41

, you've got to be in front of them . A

19:44

lot of people's business has slowed down a little bit

19:46

. The buyer and cry might have slowed down . They

19:48

might have even sold all their stock even

19:50

better problem to have . But

19:52

yeah , just get on the phone . Unless you're

19:55

going to take your holidays from

19:57

now , which is fine , but if you're going to work

19:59

through till the 18th

20:01

or whatever date it might be , troy , just

20:03

get on the phone and just keep extending

20:06

out and talking to people .

20:08

Yeah , troy , I'm expecting from

20:10

conversations I'm having with agents , I'm

20:12

expecting a fair few

20:15

properties to be passed

20:17

in on the ninth and the 16th Stock

20:20

levels have been building up . There

20:26

are a few agents of mine that are saying

20:28

what they're going to do is Take

20:32

the properties off the market and quickly

20:34

relaunch them early in the new

20:36

year when there's no other stock . Make it look

20:38

like a new listing , new photos , new images

20:41

. There's all these arrangements that RIA

20:43

has got with the unsolved stock in there

20:45

. What do you think

20:47

, troy ? Is that a worthwhile strategy

20:50

than just going to auction and passing

20:52

it in with no bids ?

20:54

Only if you exhaust all the buyers and inquiries

20:57

on that's come through in the previous six weeks

20:59

regarding that . If you've exhausted all

21:01

of those avenues and you've reeducated

21:04

the market about the position , the property

21:06

, the pricing strategy and the expectations

21:08

of the owners , then that is an option . We're

21:12

encouraging all of our team to use

21:14

a staged approach and , if the property does

21:16

pass in those buyers or those inquiries

21:18

that have been made throughout the course of the campaign

21:20

, to rearrange and get a second

21:22

inspection or third inspection back at the property

21:24

, have those crucial conversations

21:26

with the owners and see if there's a deal to be done

21:28

. The chances are

21:31

if someone's on the market right now , or someone's

21:33

buying in the market right now , or an active

21:35

bidder , they want to buy before Christmas . That's

21:38

the reality . There's an opportunity

21:40

out there to still get an agreement in price and

21:43

reset the expectations , but it

21:45

is a strategy that can work in markets when

21:47

you're reshooting properties and launching them . I

21:49

would launch quite big , though , and I'd have a social media campaign

21:51

that backs that , to make sure you're exposing

21:54

it to a new pool of buyers and you're not just hitting

21:56

the same pool that's already seen it less

21:58

than six weeks ago .

22:00

Paul said team next

22:02

year at some point , probably

22:04

the first quarter MDA

22:07

podcast is going to

22:09

go up a level in production

22:11

value . There's going to

22:13

be a diet .

22:14

Is it not high enough ?

22:19

We've been using Zoom and it

22:22

serves a very good purpose , but we're

22:24

going to be doing the podcast in a studio

22:27

, we're going to be doing short reels

22:29

on social and we're also going

22:32

to be doing what a lot of podcasters

22:34

do , which is have the content

22:36

both on podcast

22:39

platforms like Spotify , but also

22:41

on YouTube . That allows people to

22:43

consume the

22:45

YouTube version , or

22:47

when they're driving , the audio version . Last

22:50

thing I want to leave . These are eight questions I

22:52

look at in December every

22:55

year , eight game changing

22:57

questions that are worth asking yourself

22:59

. These are crucial conversations to

23:01

have with yourself . Number one what

23:04

were your highlights of this year ? A

23:08

really good thing to do there everyone

23:10

is get your mobile phone and look at your camera

23:12

roll . Your camera roll is basically

23:14

a summary of the highlights

23:16

that you felt . Hey , I'm taking a photo of

23:18

that . What were

23:20

the highlights of this year ? Number

23:24

two what did you learn about yourself that surprised

23:26

you ? That's a good question . You

23:29

get insight where you sometimes underestimate

23:31

yourself or some of the beliefs and stories

23:33

and narratives you have about things were

23:36

inaccurate and you've come to realise

23:38

they're not serving you . Number three

23:40

what was the hardest aspect

23:42

of this year ? Number

23:44

four what lesson did you learn

23:46

that you're going to take into next

23:49

year . Number five

23:51

what's one thing you'll commit

23:53

to not going back to ? Number

23:56

six ? What's one thing

23:58

you started this year that

24:00

you want to keep doing ? Number

24:04

seven in what ways are you

24:06

stronger than what you were last year ? What

24:08

wisdoms are you bringing into 2024

24:12

? Number eight what

24:15

are the most proud things

24:17

that happened for you this year ? What

24:20

are you most proud of what happened in

24:22

the last 12 months ? Good questions

24:24

to reflect as you plan

24:28

2024 . John

24:30

and Troy , thank you again . We've

24:32

been doing this close

24:34

to a decade . I

24:39

want to thank all our audience for

24:41

the time that they give us their

24:44

attention . I know you've got lots of options

24:46

out there . Troy

24:48

and John and I come together most weeks

24:50

just jabbering

24:52

away , having an informal conversation

24:55

and keeping a friendship

24:57

with all our real estate community

24:59

, mainly in Australia and New Zealand . Gentlemen

25:02

, stay well , stay healthy . Hey can

25:04

.

25:04

I ask Thanks to Susan . Thanks to Susan

25:07

too , Tommy , because she does an enormous

25:09

amount for this enterprise

25:11

, can we call it ? She's

25:14

probably not listening today because I know she's been tidying

25:16

up some stuff at News Limited that we were involved with

25:19

earlier today . Thank you to Susan

25:21

for doing such an amazing job . Long-term

25:24

Troy , what were you going to say ? No

25:26

, Tom Troy .

25:28

Tom , what are you doing Gentlemen

25:30

? Too good year for you average

25:32

year . What was the year like Troy ? Good

25:34

year , bad year , average year , you

25:37

remember ?

25:38

Tom , every year is a good year Challenges

25:40

the highs , the lows . I think there's always a lesson

25:42

on its life

25:44

. It's one of those exciting things

25:47

while we're here and why we get to enjoy it . I

25:49

think there's so many examples where we

25:51

have seen friends and family members go through

25:53

some hard times over the past 12

25:55

months to

25:57

be in this lucky country

26:00

. Everything's figureoutable . The support

26:02

networks we put around ourselves allow us to

26:04

get up every day and smile

26:06

. I'm grateful . We've got a huge amount of gratitude for

26:09

this year and there's some really valuable lessons

26:11

and there's some really valuable opportunities that I

26:13

know 24 will bring . I'm

26:15

excited . Please come back 20 , good year— .

26:18

Oh , look very good . You tell me many

26:21

people would remember we lost our dearly

26:23

beloved Steve McWire , which was a

26:25

very sad personal thing for all

26:28

of our company and our friends , and I know

26:30

you guys were both very close to Steve

26:32

. That was the

26:34

dark , sad

26:36

part of the year , for sure . Having

26:39

said that , there's many other great

26:42

things that have happened in and around our various

26:44

communities and , as Troy

26:46

said , you've just got you know . Look , the things that aren't perfect

26:49

, you know , in this country

26:51

most of them are pretty much first world problems

26:53

. We're not dealing with some of the stuff that's happening in

26:55

Europe and the Middle

26:57

East and so forth , which are tragedies

26:59

when people have got bombs whistling over their heads

27:01

. So , you know , other than the

27:04

serious health illness or the loss of a loved

27:06

one , I think our problems are insignificant compared

27:09

with most of the world . So I think you've got to be grateful

27:11

for that which we are . So

27:14

no , it's been fun . Thank you both , not

27:16

only for this opportunity

27:18

but also for your friendship , each

27:21

and every one of the Tom's Gym members and our

27:23

listeners out there . You know . Have a great and

27:25

safe Christmas . Relax

27:28

, refresh , but also reset , if you

27:30

will , because we're going to be coming at your heart from

27:33

middle of January from our brand

27:35

new shiny , bright podcast

27:38

studio . So lots to look

27:40

forward to . But , tommy and Troy

27:42

, I'll see you guys many times between

27:44

now and Christmas , but for everyone else , we'll see

27:46

you in 24 .

27:47

See you in 24 . Sign off . Thank you

27:49

for everything . See you , Thane .

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