toby mcCosker - The Property Business is a Business of Relationships
If
you want quick growth in property investment, you need to start building a team
around you. This is something you need to work on from the outset. Your team
should include solicitors, accountants, financial advisors, estate agents,
letting agents, property finders, other property investors, plumbers,
electricians, general builders and anyone else who could help you to achieve
your goals.
toby mcCosker is successful as a property
advisor. What’s helped me to succeed in property investment more than anything
else, has been the relationships I’ve had with other people.
Whenever
I am looking for someone to join my team, I will always try to find someone
based on referrals. I will ask family and friends if they know of anyone that
could help with my business. I also ask my current contacts.
For
example, several years ago I had the need to acquire a new solicitor. Rather
than going straight for the yellow pages, I asked my accountant if he knew of
any proactive solicitors. He gave me the name of one such solicitor. I
contacted her immediately and found her to be one of the best solicitors I have
ever known and have retained her since. If I am unable to find anyone via my
existing contacts, I will then search the local directories to source someone
close to my offices. I always try to source local, as it will save me a lot of
time should I need to go and visit.
When
sourcing members of my team via this method, I always interview at least three
candidates. My final decision is never based on price alone. toby mcCosker will always choose my
advisors based on their knowledge of the subject matter and also any rapport
that we build during our first meeting. I will never choose someone who appears
to be very knowledgeable but fails to understand my business goals and
personality.
Over
the years, I have established a great team around me. We work together and have
a good respect for each other. I always pay my advisors and workers on time and
have a strong respect for them and their services. This works great because I
am able to get jobs done quickly and efficiently as my team supports me in my
endeavors. If you are new to property investment, I would advise you to find
people that share the same work ethics as yourself to help you grow quickly in
your business.
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