In this episode of the Lazy Wealth Creation podcast, Carl dives deep into a conversation with Charlie Pernayi, a serial entrepreneur and property developer based in London. The two discuss Charlie's inspiring journey from a working-class upbringing in North London to achieving financial freedom by the age of 25. Charlie shares valuable insights on the importance of taking action, setting realistic goals, and the significance of delayed gratification in the pursuit of success. They explore the misconceptions surrounding financial freedom, the necessity of surrounding oneself with the right people, and the power of mentorship.

KEY TAKEAWAYS

1. Action-Oriented Mindset: Taking action every day is crucial for achieving financial freedom and success. It's important to focus on what steps can be taken rather than dwelling on limitations.

2. Delayed Gratification: Understanding the importance of delayed gratification is essential. Many people desire instant results, but true success often requires patience and the willingness to work hard over time.

3. Surround Yourself with the Right People: Building a network of individuals who share similar values and ambitions can significantly impact personal growth. Learning from both the successes and failures of others is vital.

4. Focus on Education and Self-Improvement: Continuous learning and self-education are key components of success. Seeking knowledge from various sources, including mentors and books, can accelerate personal and professional development.

5. Embrace Discomfort: Stepping out of your comfort zone is necessary for growth. Engaging with challenging situations and individuals can lead to valuable lessons and opportunities that would otherwise be missed.

BEST MOMENTS

1. "Too many people want things here and now... they don't understand the work to get to there. I call it, you know, everyone has this greedy monkey in their heads, and we all want it now."

2. "You can still work and be free. That's the reality. That was my drive as a young kid was to be financially free, not to be rich."

3. "If you think you know more than someone who's been doing it for donkey's years, you don't. Some of the best things you will learn from a good mentor is what not to do."

4. "Can you imagine a world where the local authority planning department are measured on how many planning applications they review rather than how many hours have you turned up to work today?"

5. "Education is key. What took me 10 years to do, if I think about some of the people I've worked with, I took out two years of what they've been faffing about with in one single day."

HOST BIO

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In this episode, Carl looks at practical money-saving and money-making strategies. The episode begins with a light-hearted discussion about unexpected merchandise requests from listeners, leading to an invitation for audience participation through sharing their own money-saving tips via video. He emphasizes the importance of sticking to a shopping list to avoid unnecessary purchases, highlighting the psychological tactics used by supermarkets to entice shoppers. Transitioning to money-making advice, Carl encourages listeners to set clear financial goals and break them down into manageable steps. He advocates for attending property networking events to connect with potential investors and identify opportunities to offer valuable services, such as photography or social media management, to those in need.

KEY TAKEAWAYS

• When grocery shopping, create a list of items you need and stick to it to avoid impulse purchases. Supermarkets use strategic placements to encourage additional spending, so being disciplined can lead to significant savings.
• Write down your big financial or personal goals for the year and break them down into smaller, manageable tasks. This approach helps in tracking progress and maintaining focus on achieving those goals.
• Attend property networking events to connect with potential investors and others in the industry. These events provide opportunities to understand the needs of others and find ways to offer your skills or services.
• Look for gaps in the market or areas where you can provide value to others. Whether it's photography, social media management, or other skills, offering your services can lead to new income opportunities.
• Don’t wait for opportunities to come to you. Actively seek out networking events, engage with others, and follow up on connections made. Taking initiative is crucial for creating new opportunities and achieving financial success.

BEST MOMENTS

"What I want you to do, I want you to write down your big goal that you want to achieve this year, whether it's financial, personal, family, it doesn't matter, write it down."

"The supermarkets pay psychologists and marketing professionals hundreds of thousands of pounds a year to make you do that."

"You may not know those investors just yet and that's okay. But what you might be able to do is say, well, do you know what? I'm really good at taking pictures of properties."

"If you're sitting at home in your underwear right now... wondering why the world isn't giving you all this money... that's not the right attitude."

"What help do you need? How may I serve you? These are the questions that are going to get you noticed when you go to a networking event."

HOST BIO

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In today's episode, Carl focuses on practical money-saving tips centered around subscriptions and free educational resources. With a humorous touch, he discusses the benefits of sharing subscription services like Netflix to reduce costs, highlighting how splitting the bill can save money. The episode also emphasizes the value of free online courses from platforms like Alison.com and Udemy, encouraging listeners to learn new skills and build a network. Carl shares his personal experience of using a free ESOL course to enhance his business by training employees, showcasing how free education can lead to new opportunities.

KEY TAKEAWAYS

• Consider sharing subscription services like Netflix with friends or family to reduce costs. For example, splitting a £17.99 Netflix subscription among four people can lower the cost to approximately £4.50 per person.

• Take advantage of free educational platforms like Alison.com and Udemy to learn new skills. These courses cover a wide range of topics and often provide certificates upon completion.

• After completing a course, practice your new skills in real-life scenarios. For instance, if you learn cake decorating, offer to make cakes for friends or family in exchange for feedback and testimonials.

• Use the skills learned from free courses to expand your professional network. Offer your services to local businesses or individuals, potentially charging a fee or working on a commission basis.

• Google offers free training programs that can help you become a Google partner. This knowledge can be monetized by helping small businesses improve their online presence, potentially leading to significant income with minimal investment of time.

BEST MOMENTS

"What I'm talking about is your Netflix, your Amazon Primes, all of the stuff where you consume content and you pay a premium product price for it."

"You take that learning and you then start to build a network around what you have just learned."

"I'm teaching people how to speak English for free, all because I did a free ESOL course."

"Google actually gives you, completely free, totally free, the education program for how to become a Google partner."

"Share them. Separate that cost out and save you a bit of cash. Invest in free education and start asking your network if you can help out."

HOST BIO

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.