Shows
Wealth Made Simple PodcastTop Traits & Habits of Wealthy PeopleShaz delves into the top traits and habits of successful and wealthy individuals. With a motivational and informative tone, Shaz emphasises the significance of mindset, habits, and personal responsibility in achieving financial success. Drawing from his own experiences and expertise, he highlights the importance of focus, goal-setting, and continuous learning. Through practical examples and relatable anecdotes, Shaz guides listeners on the path to financial prosperity, encouraging them to adopt a positive mindset and take proactive steps towards building wealth. KEY TAKEAWAYS Successful individuals prioritise important tasks and maintain a laser focus on their goals, avoiding overwhelm a...2024-02-2751 min
Wealth Made Simple PodcastThe Art and Importance Of StorytellingShaz explores the art and importance of storytelling in building wealth, by discussing how storytelling is ingrained in our everyday lives, from childhood anecdotes to embellishing or minimising our own experiences. The team delve into the seven overarching plots that form the basis of all stories and highlight the power of storytelling in connecting with an audience. They emphasise the need to craft stories that resonate with the audience, evoke emotions, and make a lasting impact. The episode concludes with insights on how to apply storytelling techniques in sales, marketing, and wealth generation, emphasising the importance of...2024-02-1350 min
Wealth Made Simple PodcastHow To Achieve Your GoalsShaz discusses the importance of taking action and implementing goals effectively. He provides a comprehensive list of 25 actionable steps and tips to help listeners achieve their goals. Shaz also talks about the need to lay the foundations and develop a detailed plan, assign responsibilities, set milestones, allocate resources, and have a clear communication and feedback loop, highlighting the significance of celebrating achievements, maintaining flexibility, and practicing resilience. KEY TAKEAWAYS Setting clear goals and developing a detailed action plan is crucial for achieving success. Assigning responsibilities and setting milestones helps track progress and maintain momentum. A...2024-01-2550 min
Wealth Made Simple PodcastThe Power of Personal Branding for Lasting IncomeShaz and Kieron discuss the importance of having a personal brand and how it can lead to recognition and opportunities. They emphasise the need to build trust and credibility through sharing knowledge, experiences, and opinions. Listen as they cover various strategies for creating products, such as writing booklets, offering online courses, and hosting webinars. They also highlight the value of networking, speaking engagements, and leveraging social media platforms. KEY TAKEAWAYS Building a personal brand is important for establishing credibility and recognition in your industry. Sharing your knowledge and expertise through content creation, such as w...2024-01-1850 min
Wealth Made Simple PodcastGoal SettingShaz and Kieron discuss the importance of goal setting, focussing on the need to set big, hairy, audacious goals that scare you and push you out of your comfort zone. They stress the importance of writing down your goals and reviewing them regularly to track progress and make necessary adjustments. They also highlight the power of affirmations and surrounding yourself with a supportive community, sharing their personal experiences with goal setting and offer practical tips for achieving success. KEY TAKEAWAYS Goal setting is important and should be done regularly, not just at the beginning o...2024-01-1650 min
Wealth Made Simple PodcastWhy Get Rich Quick Doesn't WorkShaz and Kieron discuss the concept of getting rich quickly versus getting rich slowly, highlighting the pitfalls of chasing get-rich-quick schemes and emphasising the importance of focusing on long-term wealth building strategies. They discuss the reasons why get-rich-quick schemes fail, including slim chances of success, unrealistic expectations, high risk, and unsustainable wealth accumulation. They then delve into why getting rich slowly works, emphasising the benefits of compounded returns, risk management, education, financial stability, adaptable financial goals, and improved psychological well-being. KEY TAKEAWAYS Getting rich quickly is a pipe dream and rarely works in reality. F...2024-01-0450 min
Wealth Made Simple PodcastBuilding Blocks to Create Financial FreedomThe team discusses the building blocks that help create financial freedom, emphasising the importance of mindset, discipline, and perseverance in achieving long-term wealth. Shaz also explores the concept of simultaneous growth, where multiple streams of income and strategic partnerships can lead to exponential growth. He encourages listeners to focus on self-management, have difficult conversations, and prioritise their own worth. KEY TAKEAWAYS Building blocks for financial freedom include mindset, discipline, perseverance, and small incremental steps towards wealth. Financial freedom is subjective depending on personal circumstances, lifestyle choices, and financial goals. It is important to assess o...2023-12-1950 min
Wealth Made Simple PodcastWealth MagnetsShaz delves into the concept of Wealth Magnets, beginning by discussing the principles that control the flow and movement of money, such as wealthy philosophy, mental attitude, and behaviour. Shaz stresses the importance of having a positive mindset, associating with like-minded individuals, and creating value. He also explores the significance of generosity, visibility, and status in attracting wealth. KEY TAKEAWAYS Wealth creation starts with having a wealthy philosophy, positive mental attitude, and congruent behaviour. Believing in abundance and taking action are key components of this mindset. Association with positive and successful individuals can have a...2023-12-0745 min
Wealth Made Simple PodcastHow to Create Additional IncomeShaz discusses the importance of creating a second or additional source of income. He highlights the dangers of relying solely on one income stream, whether it be from a business or employment. Shaz emphasises the need to diversify risk and shares the potential pitfalls of being overly reliant on one key employee or client. He then delves into the strategy of buying a business to create a second income, without using any of your own money. KEY TAKEAWAYS Relying on one source of income in a business is risky, as any disruption or loss c...2023-11-3051 min
Wealth Made Simple PodcastLease Option AgreementsShaz delves into the topic of lease option agreements, explaining the concept of a lease and the complexities involved in lease agreements. Shaz then discusses the potential changes to lease option agreements mentioned in the King's speech, which aim to improve fairness in the housing market. He explores the proposed reforms, such as extending lease terms, reducing ground rent, and increasing transparency in service charges. KEY TAKEAWAYS Proposed changes to leasehold agreements aim to improve home ownership for leaseholders by making it easier to extend leases or buy freeholds. The reforms include increasing the s...2023-11-2850 min
Wealth Made Simple PodcastA Deep Dive into Due DiligenceShaz takes a deep delve into the topic of due diligence and its importance in making informed decisions in business, property, and investments. He breaks down the process of conducting due diligence, starting with market analysis and understanding the target audience and industry trends. He also stresses the need to define objectives, assess business conditions, consider legal and tax obligations, and evaluate financial aspects. KEY TAKEAWAYS Due diligence is a crucial step in any business or investment, involving thorough research and analysis to gain a comprehensive understanding of the venture. Market analysis is an important component o...2023-11-2148 min
Wealth Made Simple PodcastMyths Regarding Money And WealthShaz and Kieron debunk several myths surrounding money and wealth, looking at the importance of understanding the reality of money and wealth, rather than relying on misconceptions and false beliefs. They challenge the notion that money is the root of all evil, highlighting that it is the love of money and greed that can lead to negative actions. Shaz also discusses the misconception that all debt is bad, explaining that debt can be a tool for generating cash flow and investing in appreciating assets. KEY TAKEAWAYS Money is not the root of all evil: T...2023-11-1451 min
Wealth Made Simple PodcastBuilding Intergenerational WealthShaz and Kieron discuss the importance of building intergenerational wealth, highlighting the misconception that intergenerational wealth is only for the rich and emphasising the need for everyone, regardless of their wealth level, to consider passing on their wealth to future generations. They discuss the alarming amount of lost money in the UK, estimated at £50 billion, due to a lack of communication and planning around intergenerational wealth, and stress the importance of having open conversations with parents and grandparents about their assets and investments to avoid unnecessary taxes and missed opportunities. KEY TAKEAWAYS Building intergenerational w...2023-11-0950 min
Wealth Made Simple PodcastAll About HabitsThe team delve into the topic of habits and how they can be a game changer in one's life., focussing on how habits are often associated with negative connotations, but emphasising the importance of recognising and cultivating positive habits. They also explore the process of creating and changing habits, highlighting the need for personal motivation and choice, and stress the significance of having a structured routine and the benefits it can bring, such as increased productivity, enhanced mental well-being, and improved personal growth. KEY TAKEAWAYS Habits can have both positive and negative connotations, but i...2023-11-0749 min
Wealth Made Simple PodcastA Brief History Of Money Shaz and Kieron delve into the origins of money and its evolution throughout history, focussing upon the importance of understanding the history of money in order to gain valuable insights and lessons that can be applied to various aspects of life. From the barter system to the development of standardised coins and the transition to fiat money, the team explore how money has been used as a means of exchange and a tool for wealth creation, and discuss the concept of money as a tool and how it can be used to invest, accumulate wealth, and achieve...2023-10-2446 min
Wealth Made Simple PodcastThe Importance Of Teaching Children About Finances Shaz and Kieron discuss the importance of starting financial education at a young age and how it is often overlooked by society. They emphasise the need for parents to teach their children about finances, including concepts like saving, spending, giving, and investing. They also highlight the benefits of early financial literacy, such as making better financial choices, being more confident and competent with money, and developing a mindset of investing and saving. KEY TAKEAWAYS Starting financial education at a young age is crucial for children to make better financial choices as adults. Parents should set a g...2023-10-1947 min
Wealth Made Simple PodcastBasics Of Wealth Shaz discusses the foundations of creating wealth, exploring its very concept, with different perspectives on what it means to different people. The episode focusses on the importance of patience, perseverance, and staying on course in order to achieve financial goals. KEY TAKEAWAYS Take the time to track your income and expenses in detail to gain a clear understanding of your financial situation. Continuously work on personal development and education to improve your mindset, skills, and knowledge, which will ultimately lead to greater success and wealth. Surround yourself with positive and knowledgeable individuals who can support and i...2023-10-1747 min
Wealth Made Simple PodcastMarketing And Wealth Shaz and Kieron delve into the world of marketing and how it can be used to create wealth. They discuss the misconceptions surrounding marketing, focussing on the fact that it is simply a transfer of information and a way to satisfy customers' needs. They highlight the importance of understanding one's target audience and crafting compelling copy that evokes emotions. KEY TAKEAWAYS Marketing is about exchanging value: Marketing is not about scams or deception, but rather about providing something of value to customers in exchange for their money. It is a transfer of information and a way t...2023-10-1251 min
Wealth Made Simple PodcastA Brief History Of Tax Shaz and Kieron delve into the complex and often misunderstood world of taxes, discussing the various factors that determine how much tax an individual should pay, and highlighting the importance of understanding one's specific situation and goals. KEY TAKEAWAYS The tax system is complex and poorly understood, requiring the expertise of professionals to navigate effectively. There are numerous tax reliefs, exemptions, and allowances available that can significantly reduce one's tax burden if utilised properly. It is within an individual's rights and obligations to structure their tax affairs in a way that minimises their tax liability, as l...2023-09-2851 min
Wealth Made Simple PodcastGood Debt and Bad Debt Shaz and Kieron discuss the concept of good debt and bad debt, exploring the difference between the two and provide their own perspectives on the matter. They highlight that debt can be viewed differently by individuals based on their personal beliefs and values, and discussing various types of debt, including mortgage debt, student loans, and business loans for growth, which they consider to be examples of good debt. KEY TAKEAWAYS Good debt can be beneficial in the long term, such as mortgage debt that allows for property ownership and potential appreciation. Student loans can b...2023-09-2648 min
Wealth Made Simple PodcastCash vs CardThe team delve into the topic of money, specifically cash and its potential decline in our society. They explore the concept of a cashless society and discuss whether cash still holds value and has a place in our modern world. They also touch on the benefits of cash, such as privacy, accessibility, and control, while acknowledging its drawbacks, including the risk of theft and the environmental impact of producing physical currency. KEY TAKEAWAYS Cash provides privacy and control over one's finances, as transactions are not easily traceable and can be kept confidential between t...2023-09-2149 min
Wealth Made Simple PodcastAI In Business In this episode of Wealth Made Simple, the team discuss the impact of artificial intelligence (AI) on businesses and wealth generation. They explore the different levels of AI, from narrow AI to generative AI, and how companies are already using automation and AI tools to enhance their operations and add value to their customers. KEY TAKEAWAYS AI is a powerful tool that can benefit businesses and individuals in various ways, including automation, data analysis, and streamlining processes. Companies that embrace AI and invest in the right technology can gain a competitive advantage and enhance their business o...2023-09-0527 min
Wealth Made Simple PodcastAI: Different Levels In this episode of Wealth Made Simple, Shaz and Kieron delve into the fascinating world of AI (Artificial Intelligence). They begin by dispelling common misconceptions about AI, such as the fear of robots taking over, and provide an overview of the different levels of AI, from narrow AI to artificial superintelligence. KEY TAKEAWAYS AI encompasses various levels of intelligence, ranging from narrow AI to artificial superintelligence. Narrow AI refers to AI systems designed for specific tasks, while artificial superintelligence represents AI systems with human-like cognitive abilities. The potential benefits of AI are immense, including solving complex p...2023-08-3126 min
Wealth Made Simple PodcastBankruptcyIn this episode of Wealth Made Simple, we delve into the topic of bankruptcy, discussing its implications for both individuals and companies. We highlight the importance of exploring all available options and seeking help as a responsible approach to one's financial situation. KEY TAKEAWAYS Bankruptcy is a legal status that individuals and companies can apply for when they are unable to repay their debts within the UK. It is often seen as a last resort for insolvent entities that cannot meet their financial obligations. When someone files for bankruptcy, they usually do so voluntarily by submitting...2023-08-2924 min
Wealth Made Simple PodcastStarting In Business In this episode of Wealth Made Simple, we discuss the process of starting a property business or any business in general. The focus is on beginner-friendly strategies, steps to take when venturing into entrepreneurship, and the potential rewards and the ability to pursue one's passion in the long run. KEY TAKEAWAYS Decide to start: Many people have good business ideas but never take action. The first step is to make the decision to start and take action towards your goals. Define your goals and strategy: Before diving into a business, clarify your objectives...2023-08-2326 min
Wealth Made Simple PodcastGrade II Listed BuildingsShaz talks about Grade 2 listed buildings. Host Shaz Nawaz, an award-winning chartered accountant and property investor, shares his love for these historic buildings and dispels the notion that they are overly complicated to work with. He emphasises the beauty and architectural significance of Grade 2 listed buildings and highlights the potential investment opportunities they offer. KEY TAKEAWAYS Grade 2 listed buildings offer a unique investment opportunity due to their historical and architectural significance. They can be attractive to buyers and renters alike. Working on grade 2 listed buildings requires a different approach and careful consideration of t...2023-08-1524 min
Wealth Made Simple PodcastMaking The Most Of Your Day JobIn this episode of Wealth Made Simple with Shaz, the focus is on maximizing the potential of your full-time job. Host Shaz Nawaz emphasises the importance of finding a balance in life that includes financial stability, physical and mental health, and personal fulfillment. He encourages listeners to assess their job satisfaction and align their work with their core values and interests. KEY TAKEAWAYS Find a balance in your job that aligns with your core values and brings you fulfillment. This includes doing something you love and that aligns with who you are as a person.2023-08-1026 min
Wealth Made Simple PodcastAn Important Question To AskShaz discusses the importance of asking the right questions when buying a property, whether it's for investment or personal use. He emphasises the need to go beyond simply liking a property and delves into the research and inquiries that should be made to ensure a successful purchase. KEY TAKEAWAYS When buying a property, it is important to ask the right questions to gather necessary information. This includes asking about the seller's motivation for selling, how long the property has been on the market, and if there have been any price changes. It is b...2023-08-0826 min
Wealth Made Simple PodcastComfort ZoneWe often hear that in order to achieve real success and grow, we need to step outside of our comfort zones - but where do the boundaries lie? In this episode, Shaz talks about why it's vital to know where your comfort zone is, and how to get the best from stepping outside. KEY TAKEAWAYS Your comfort zone is the habitual zone in which you spend your time - it is where you feel most at ease and you have mastery over all that you do. If you stay in your comfort zone, you remove the...2023-08-0326 min
Wealth Made Simple PodcastWhat Is Wealth?Many believe that wealth simply involves accruing the largest amount of money, but as Shaz discusses in this week's show, there might be more to the definition than you may think. KEY TAKEAWAYS You tend to see wealth depending on what your definition of success is in the first place. Some define wealth in terms of the freedom and happiness they have. Money is only one part of achieving wealth. The real definition is the freedom we attain through life and the things it allows us to do. Wealth means having the opportunities to follow the...2023-08-0126 min
Wealth Made Simple PodcastGeneralisationsThere are many generalisations and stereotypes out there, with certain assumptions made about the state of things - but why do we do it? In this episode, Shaz and Kieron explain why generalisations are so often used. KEY TAKEAWAYS Generalisations and assumptions are a shortcut way for our brains to understand something. If we have a starting point about what to think, it gives us a starting point. If we subconsciously drift through our days and use generalisations as our pathfinders, we fail to take advantage of the many opportunities that await. BEST MOMENTS 2023-07-2725 min
Wealth Made Simple PodcastExit PlanningShaz discusses exit planning, and how it is one of the most important parts of not just closing out your time in a business, but also one of the fundamental parts of setting up a business at the beginning. KEY TAKEAWAYS Exit planning is the act of thinking about how we will move on from what we are doing. This means setting in place a time frame, and a methodology for doing so. Many do not consider the perfect exit, because it seems so far away. However, if you have the end goal in mind from...2023-07-2525 min
Wealth Made Simple PodcastWhy You Need A Power TeamWe often hear the term "power team" when it comes to property investing, but what does it mean, and how can assembling a power team do for your investing path to success? In this episode, Shaz breaks down everything you need to know about putting your power team in place! KEY TAKEAWAYS You can't possibly know everything when it comes to property investing, so surrounding yourself with a reliable group of people with specialised skill sets allows you to empower yourself in every aspect. Property relies on large transactions to work. it's a complicated process. Therefore...2023-07-2025 min
Wealth Made Simple PodcastThe Property EconomyShaz discusses the state of the economy in the property sector, and how the inflation rises and interest rates are affecting investors and homeowners in the UK today. KEY TAKEAWAYS Printing money in order to prop up the economy will always have after effects, and inflation is demonstrating that for us all right now. The economy is non-reactive in terms of when something happens, the effects can sometimes not be felt until much later, when the impacts land more unexpectedly. Don't look at the short term, be cautious, sensible and think about the long term effects...2023-07-1826 min
Wealth Made Simple PodcastChanging Your MindPeople should be more open to changing their minds when it comes to business, and in this episode, Shaz tells you why that's a good thing. KEY TAKEAWAYS In almost all cases, there's a better way of doing something. If we have a closed mindset, then we will fail to take advantage of these opportunities. if you have an open mindset about improving and doing things in a better way, you will allow yourself to broaden your horizons. Businesses that proclaim that their practices are ingrained because they've "always done things this way", can often find...2023-07-1325 min
Wealth Made Simple PodcastScaling Your Property BusinessShaz discusses what it takes to drive growth in your property business, scale to the next level, and achieve the life-changing results you want. KEY TAKEAWAYS Growth begins with a stripped back view of the essentials and basics in your property empire. Sometimes, the layers we add along the way can obfuscate the view we need to have. Implement systems and processes that will allow your business to operate without you in it. If that can take place, then you can focus on the growth while the profits still roll in. Business owners and entrepreneurs are...2023-07-1124 min
Wealth Made Simple PodcastGrowth MindsetShaz discusses the growth mindset you need in order to take the best advantage of every learning opportunity the world provides. KEY TAKEAWAYS As we continue to grow and develop in the world around us, it helps if we consciously activate our growth mindset and see everything as a learning opportunity. When you don't know enough about something, you can feel as though you know enough to do enough, which prevents you from growth. When we transform and grow in terms of mindset, the changes come thick and fast. It's not an overnight process. It takes...2023-07-0625 min
Wealth Made Simple PodcastMoney Traits - Part 3Shaz talks once more about the traits that attract money, including renting and why a mindset shift is required, and how to effectively manage your credit levels. KEY TAKEAWAYS People aspire to owning their own property and to add property to their legacy and assets list. Shifting from owning to renting seems like a backward step, but it doesn't have to be. If the numbers work, then renting a home while leasing out your bought home to pay bills is a strategy that should definitely be considered. Paying off credit and lowering the amount of interest...2023-07-0410 min
Wealth Made Simple PodcastThe Importance Of ResearchShaz discusses the value of thorough research, and why we should always do our due diligence and put the effort in when it comes to fact finding in the modern world. KEY TAKEAWAYS People seem to spend as little time as possible in gaining the answers they seek, largely due to the internet and free access to information. But we should always be doing our due diligence when it comes to fact finding. Effort should always be applied to any task. You have to put in the hard graft when you want to increase your knowledge...2023-06-2921 min
Wealth Made Simple PodcastMoney TraitsShaz continues to talk about the traits that attract money, and how you can manifest more wealth by instilling these traits within yourself. KEY TAKEAWAYS Although money does not have a consciousness or a spirit of its own, it does flow, and it does so for a very specific set of reasons. Money is a consequence of doing the right things at the right time, in the right way. Success leaves clues. Never make money your master. Use it as a tool, and as a means of exchange, but never find yourself in the position of...2023-06-2729 min
Wealth Made Simple PodcastTraits Money LikesShaz discusses the traits that we should encourage within ourselves and our business dealing, that will attract money in a fundamental way. KEY TAKEAWAYS Money is a case of mindset. If you believe that you are bad with money, the likelihood that you will be bad with money increases. Money likes people who work with speed - who are decisive, can make decisions effectively, and who work dynamically. Money is far more attracted to those who fulfil their promises. Don't just sit there and talk about what you might do - get out there and do...2023-06-2224 min
Wealth Made Simple PodcastGoldmine AreaShaz discusses the Goldmine Area - what it means, why you should always be on the lookout for one, and how to tell if the location you've chosen has the potential to make you very wealthy. KEY TAKEAWAYS A goldmine area is a location that, for you, has excellent potential for property investment, and could provide the key to unlocking real financial gains. People sometimes misunderstand why they need a goldmine area. Investing in the right goldmine area for you, can lead to your investment in an area that has potential for capital growth. If you...2023-06-2024 min
Wealth Made Simple PodcastMoral LandlordsShaz discusses the all-important moral boundary line that all landlords should try to adhere to when it comes to relationships with their tenants. KEY TAKEAWAYS Many think that landlords are the ones raising rents to unreasonable highs, when in reality they are simply following the government's plans when it comes to pricing and taxation. Professional investors make their entire income through their portfolio. If it becomes unprofitable then prices must be adjusted accordingly in order to remain profitable. BEST MOMENTS 'Property investors don't set the price. The market sets the price' ...2023-06-1514 min
Wealth Made Simple PodcastTop Tips For PropertyShaz presents a range of hot property tips designed to help you dynamically improve your investment chances! KEY TAKEAWAYS Rather than focussing on houses in your chosen investment area, focus also on flats. They're cheaper, easier to rent out, and have a better return on investment. Landlords aren't always distant and aloof when it comes to their tenants. They often want to build a working relationship to provide the best outcome for both parties. BEST MOMENTS 'Focus on flats to get on to the property ladder' 'Most people tend to get...2023-06-1311 min
Wealth Made Simple PodcastMoney MindsetShaz talks about the value of a money mindset - how it can empower you, and how it can alter the relationship we have with money, and use it to build lasting wealth. KEY TAKEAWAYS We need to fundamentally alter the way we think about money. We often think of it as a resource that refills once per month when our salaries arrive. If someone is wealthy, there seems to be a tendency to believe that the money came from a disreputable source. This promotes a negative money mindset. By placing negative connotations about money, we...2023-06-0821 min
Wealth Made Simple PodcastHow I Evaluate InvestmentsShaz discusses the key factors he considers when it comes to evaluating a potential property investment, including analysis of cashflow and return on investment. KEY TAKEAWAYS When it comes to commercial conversions, the first consideration must be the purchase price. If you are overpaying for a property, you are not going to lose out if the area is in high demand. When looking to buy a property, it's crucial to look at ways to add value right from the outset. When you add value, that's when you make the biggest gains. When buying a property, spend...2023-06-0625 min
Wealth Made Simple PodcastCommercial Or ResidentialShaz explores the commercial strategy to the residential strategy, and explains the many pros and cons of both. KEY TAKEAWAYS There are benefits to both strategies. Commercial units are in general, cheaper than residential units, so the barrier to entry is lower. Residential is the safer strategy, and is the entry point for many investors due to the universe of knowledge out there, and the guidance available. BEST MOMENTS 'The barrier to entry is lower' 'Hope for the best, plan for the worst' VALUABLE RESOURCES shaz@aaa-accountants...2023-06-0109 min
Wealth Made Simple PodcastCommercial Conversion Deep DiveShaz takes a deep dive into the world of commercial conversions - what they are at heart, and how you can maximise a building's potential with your plans. KEY TAKEAWAYS A commercial conversion is where you purchase a formerly commercial building and convert it into a number of residential units. 18 months is a sensible time to aim for - for a start-to-finish project, depending on prior approval and permitted development rules. The more commercial conversions you do, the better you get, and the faster the process becomes. You will start to assemble a crack team of...2023-05-3023 min
Wealth Made Simple PodcastNo Money DownShaz talks about the NMD strategy (No Money Down), otherwise known as JV-ing (Joint Venture), which is essentially a way of getting started on your property investing journey without needing any of your own money upfront. KEY TAKEAWAYS Many people have money that isn't working for them through traditional means. This means that if you do the work, and they provide the money, a win-win situation can be created for both of you. Flipping is a trade, and so different benefits and reliefs may apply if this strategy is used. Keeping the flips as a separate...2023-05-2530 min
Wealth Made Simple PodcastMindset And Niche StrategiesShaz discusses some rather more niche strategies used in property investing, such as time management, PBSAs, and nomination agreements. KEY TAKEAWAYS You can't always rely on the information you find online. It's far better to take the advice of people with experience, and those you can trust. PBSA stands for Purpose Built Student Accommodation and will always be more utilised in university and college towns and cities. The benefit is that you can choose your tenants at the same time every year. BEST MOMENTS 'You don't know what you don't know' ...2023-05-2322 min
Wealth Made Simple PodcastDeal Sourcing And Lease OptionsOne of the most powerful yet underused strategies in property investing is the Lease Option, a methodology that can give you income from a property before you even take ownership. In this episode, Shaz explains how to use this as a strategy, and also discusses why deal sourcing might be an alternative, viable way to raise cash for your business. KEY TAKEAWAYS Finding a viable deal and packaging it as a product to sell to an investor, is a fantastic way of raising cash. You can charge a fee for the packaged deal and even take...2023-05-1824 min
Wealth Made Simple PodcastCommercial ConversionsShaz discusses commercial conversions as a property investing strategy - everything from why he favours this particular way of investing, to its strict definition and how to make the most of it. KEY TAKEAWAYS Everyone assumes that you need a large cash reserve to get started in property, but this isn't the case, You can find investors and use other people's money. Commercial conversions are where someone buys a commercial property with permitted development rights, or goes through the planning process, and turns the site into a residential one. One of the main benefits of a...2023-05-1618 min
Wealth Made Simple PodcastFlipping, BRRRRs and Rent-To-RentShaz continues his deep dive conversation on the subjects of flipping properties, the Buy-Refurbish-Rent-Refinance-Repeat methodology, and how Rent-To-Rent investments really work. KEY TAKEAWAYS When investors have more confidence, they could opt for a HMO strategy, in which a larger house is split into several separate units, connected by a communal area. Serviced accommodation is one of the strategies used by seasoned investors who wish to earn more money, and who don't mind putting in more time. There are different tax benefits and consequences for trading and investment properties. Always consult a professional who may be able...2023-05-1145 min
Wealth Made Simple PodcastTalking about Buy-To-Let, HMOs and Serviced AccommodationShaz deep dives into the many strategies used in property investment, such as Buy-To-Let, HMOs (Houses Of Multiple Occupation) and Serviced Accommodation, along with many more. KEY TAKEAWAYS Many people believe that the only route into property is a vanilla one - buying a house, living in it and maybe renting it out. Buying to own or buying to let is where research stops in general. Property is recognised as the most reliable investment strategy due to its stability, robust forecast outcomes and historic proof of growth. Stamp Duty Land Tax is a renowned charge upon...2023-05-0945 min
Wealth Made Simple PodcastSSAS with Kevin Whelan from WealthBuildersShaz is joined by Kevin Wheelan from WealthBuilders, to talk about SSAS (Small Self Administered Pension Schemes) - how they work, and why it might be a game changer in terms of investing for you. you can find more information from Kevin and his team https://wealthbuilders.co.uk/wealthmadesimple KEY TAKEAWAYS A small self-administered scheme is a type of occupational pension that’s managed independently by a company’s directors. Like most defined contribution schemes, the employer and/or its members pay contributions, which are all eligible for tax relief. Members can start withd...2023-05-0423 min
Wealth Made Simple PodcastHow Did Shaz Get Into PropertyEveryone's story is unique, and in this episode, Shaz talks about his personal route into property investing, and why it's the most viable and reliable investment sector out there. KEY TAKEAWAYS As an accountant, Shaz was easily able to identify that his most lucratively successful client base were the ones with property portfolios. Even if the market is against you, if you hold on for long enough, history has demonstrated that property is always robust and always grows in the long term. The way to build a robust fortune is to focus on one strategy that...2023-05-0217 min
Wealth Made Simple PodcastSPVsThe show takes a deep dive into SPVs, with Shaz explaining what the term means, our options when it comes to moving money and transferring wealth, and why companies opt to use this measure. KEY TAKEAWAYS A special purpose vehicle, also called a special purpose entity (SPE), is a subsidiary created by a parent company to isolate financial risk. The legal status as a separate company makes its obligations secure even if the parent company goes bankrupt. The operations of the SPV are limited to the acquisition and financing of specific assets. The separate company structure...2023-04-2718 min
Wealth Made Simple PodcastSMART CompaniesShaz explains what a SMART company is, how trusts are involved, and how they can help when it comes to factors such as inheritance tax. KEY TAKEAWAYS SMART is a term used by a particular firm to describe a company with other companies involved - the building of a trust. You need different classes of shares to provide more flexibility in terms of income, create rights to income, and to create voting rights. BEST MOMENTS 'You have a company, and you have a company beneath' 'You have different classes of shares'2023-04-2511 min
Wealth Made Simple PodcastLive Question On Capital AllowancesLive from one of his spellbinding events, Shaz answers a pertinent and important question about the differences between HMOs and SAs when it comes to capital allowances. KEY TAKEAWAYS When it comes to serviced accommodation, for all expenditure that you incur, you can reclaim quickly for anything that is fixed to the building that is not an inherent part of the building itself. Negotiate with your seller when it comes to capital allowances. You have two bites at the cherry: when you first purchase a property, and then when you refurbish the property. BEST MOMENTS2023-04-2012 min
Wealth Made Simple PodcastCommercial Conversion and VATIn this episode, Shaz explains the VAT rates and implications when doing a commercial conversion, and how you can and should remain compliant at all times. KEY TAKEAWAYS When doing a commercial conversion, the VAT rate is 5% whether increasing the number of units, decreasing them, or converting a property that has been empty for more than two years. If you sell a property, you can claim back the VAT, but if you hold onto it, you cannot do this due to the fact that you will be selling a service BEST MOMENTS 'If...2023-04-1815 min
Wealth Made Simple PodcastCommercial ConversionsShaz deep dives into the commercial conversion strategy - everything from how long the process should take, to the regulations and expectations involved in what can be one of the most lucrative forms of property investment strategy. KEY TAKEAWAYS A commercial conversion is the purchase of a formerly commercial property, and its conversion into a set of residential properties, either increasing or decreasing the number units within. Eighteen months is a sensible time period to aim for when it comes to converting a commercial building into a residential one. Always be prepared to face a number...2023-04-0422 min
Wealth Made Simple PodcastWhy Investors FailProperty investing can be one of the most satisfying and most lucrative forms of business - so why then do some fail? In this episode, Shaz breaks down the main reasons why some investors don't make the cut. KEY TAKEAWAYS A small contingent of investors make huge sums of money, most find themselves just about making ends meet, while another group fail completely. Those who succeed are generally in possession of information, guidance and education, so that they can best take advantage of opportunities and situations when the moment is right. People fail because they don't...2023-03-2809 min
Wealth Made Simple PodcastRental YieldIn property, you always have to make sure that the numbers add up or a deal might not be worth doing. In this episode, Shaz talks you through rental yield, the first factor you should take into consideration before pulling the trigger on a deal. KEY TAKEAWAYS Rental yield is a term used by landlords all the time, but many do not realise what it really means. The gross rental yield of a property is the annual income expressed through a percentage of the property's purchase price or value. The calculation is as follows: Annual Rental...2023-03-2308 min
Wealth Made Simple PodcastNew Tax RulesShaz discusses two new important changes to tax regulations, including Option To Tax and the new VAT penalty regime, which may cost you dearly. KEY TAKEAWAYS An Option To Tax is when somebody brings a commercial property into the VAT regime, meaning that the costs of refurbishment can be claimed back from HMRC. From the 1st February 2023, HMRC implemented changes . The first change is that HMRC will stop issuing OTT notification receipt letters. BEST MOMENTS 'They opt to tax for the property, which means they ask HMRC for the costs of the refurb'2023-03-2108 min
Wealth Made Simple PodcastTrading and InvestmentShaz talks about the many tax benefits and disadvantages offered when conducting business through either an investment business and a trading business. KEY TAKEAWAYS An investment business is where you buy an asset and rent it out or get some form of income from it. Buy to let is investment, whereas commercial conversion is trading. Deal packaging comes under a trading business, and so is serviced accommodation. The government does not incentivise people to become investors, and so the tax benefits do not work in your favour. BEST MOMENTS 'Buying a property, holding...2023-03-1617 min
Wealth Made Simple PodcastShareholders AgreementsShaz explains the multifaceted agreements that should be in place between shareholders when varying types of businesses are founded and developed. KEY TAKEAWAYS When two parties have a partnership, the LLP files a tax return but each party pays their respective tax bills. You pay individually. In March or April of 2024, full disclosure must be made at Companies House, meaning that true transparency may be seen by all BEST MOMENTS 'Corporation tax rates are different to personal tax rates' 'That's why they keep personal tax rates higher' VALUABLE RESOURCES2023-03-1410 min
Wealth Made Simple PodcastStructureShaz talks about different ways to structure a property investing business, with a focus on limited companies, and why you need to know all about them. KEY TAKEAWAYS When a limited company is formed, it appears at Companies House so that transparency can be sought. If secrecy is preferable then a limited company may not be right for you. Requirements of a limited company include directors, at least one shareholder. The director and shareholder tend to be the same person. BEST MOMENTS 'If being secretive is important to you then you don't want...2023-03-0908 min
Wealth Made Simple PodcastAlphabet SharesComing to you specially from a live seminar, in which he answered the burning questions of an audience, Shaz talks about alphabet class shares - how to distribute them, and what they mean. KEY TAKEAWAYS Whatever the ratio of ordinary share capital you own, your dividend has to be in line with this - IE: 51% shares of £100,000 means you receive £51,000. Alphabet shares mean that you can distribute share dividends in a different way. Percentages of A Class shares and B Class shares can be divided up between shareholders. BEST MOMENTS 'You can have di...2023-03-0709 min
Wealth Made Simple PodcastFirst Time BuyersIn this episode, Shaz shares eight important tips you ought to know about as a first time buyer, that'll get you on the property ladder in no time at all. KEY TAKEAWAYS Look at the ideal home you want, and plan to buy it at some point in the future. As a first time buyer, the home you want, isn't necessarily the one you can afford at the beginning. Property investing is a journey. Each purchase and sale is a step on the ladder, and each step takes you higher towards the property you want to...2023-02-2816 min
Wealth Made Simple PodcastHolding Companies - Investment Or TradingWhat is the difference between a trading holding company and an investment holding company? In this episode, Shaz talks you through the answer to this question. KEY TAKEAWAYS A holding company is a limited company including individuals that are shareholders. They may have different companies for different reasons so as to keep their interests separate. An investment company is where you are buying property and holding onto it. There can be many reasons for this. BEST MOMENTS 'They want to do property transactions' 'This basically then becomes your holding company structure'2023-02-2305 min
Wealth Made Simple PodcastLand Remediation ReliefShaz explains Land Remediation Relief, including when it is applicable, how it can benefit you, and the regulations you need to watch out for. KEY TAKEAWAYS You only get land remediation relief if you are buying a property through a limited company, and if it is going to be a trading business and not an investment business. If you are an investment business, you cannot claim this relief. It also cannot be claimed if you buy in your own name. BEST MOMENTS 'If I get a discount to buy this property, then I...2023-02-2106 min
Wealth Made Simple PodcastCA PoolsShaz talks about capital allowance pools and how they work, with a focus on capital allowance and property investing. KEY TAKEAWAYS You can claim less than 18% of your plant and machinery pool, but you may not exceed 18% when claiming. If you don't create a taxable loss, then numbers may be reduced the following year, so it's always wise to claim the full amount where possible. BEST MOMENTS 'The rate is determined by the government' 'You create a taxable loss and carry it forward' VALUABLE RESOURCES shaz@aaa-accountants...2023-02-1607 min
Wealth Made Simple PodcastSA Company StructureWith serviced accommodation becoming one of the most popular property investing types, Shaz tells you the best way to structure your business and how it operates. KEY TAKEAWAYS If you have an LLP and you make £500,000 profit and you don't take any money out of the business, you will pay tax on everything. If, however, you pay the capital allowances, you will pay no tax on this sum. BEST MOMENTS 'The bank always asks for the financials!' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST...2023-02-1415 min
Wealth Made Simple PodcastClaiming Back VATShaz talks you through the complete process when it comes to claiming back VAT when it comes to property investing and when it most effectively applies. KEY TAKEAWAYS Once new units are created, they become zero-rated for VAT purposes, and so any VAT claimed will not need to be repaid. You cannot reclaim VAT if you are hoping to rent out properties, because you cannot charge VAT on rent itself. BEST MOMENTS 'Because they've sold the flats they can keep the VAT' 'Rent is an exempt supply' VALUABLE RESOURCES2023-02-0910 min
Wealth Made Simple PodcastNew ShareholdersShaz talks you through the best ways to ensure you remain compliant when bringing new shareholders into your business. KEY TAKEAWAYS Shareholders can be created by investing money directly, or by using their own holding company. This creates two holding companies, and adding flexibility to the arrangement. Holding companies also provide an extra level of protection to you and other shareholders. BEST MOMENTS 'Now you have two holding companies' 'Can you see the flexibility?' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE H...2023-02-0705 min
Wealth Made Simple PodcastCompany ControlWhen talking about the control of a company, it can be tricky to decide who requires what in order to retain a controlling interest. In this episode, Shaz explains it all! KEY TAKEAWAYS It's wise for the party who wants control to ensure they have 51% of the shares which makes you ahead in voting rights. Shareholders agreements are vital in order to make sure that when an impasse is reached, progress can be made. BEST MOMENTS 'You have control of the voting rights' 'It's extremely important to have a shareholder's agreement'2023-02-0206 min
Wealth Made Simple PodcastCompany FlexiblityHow should you structure your business for flexibility? Shaz looks at a commercial conversion case study and explains the different company structures and the tax implications He also shares great advice on having a holding company and why this is the key to flexibility KEY TAKEAWAYS Keeping the commercial conversion projects in different companies means they don’t affect each other Once you have done a transaction close the company down and move the money to the next one When you close a company after completing a commercial conversion and take the mo...2023-01-3111 min
Wealth Made Simple PodcastPurchase Of Own SharesShaz discusses the thorny subject of when and how to buy shares internally when it comes to a business - from where to find the money to do so, to how to make sure you remain compliant at all times. KEY TAKEAWAYS Most small businesses tend to be born from a family concern, with the parents founding and the children assuming the reins later. Using a dividend in order to fund the acquisition of more shares is possible, but requires you to consider the tax you'll also be paying. Adjust the sum accordingly. The company can...2023-01-2611 min
Wealth Made Simple PodcastInvestor ReliefShaz explains Investor's Relief, a more flexible version of Entrepreneur's Relief, and when it can be best deployed in order to save you more money! KEY TAKEAWAYS Investor relief works very similar to entrepreneur's relief but is actually more flexible. Investors keep their money is a deal for three years. After this period, up to the first ten million pounds of uplift is charged only 10% tax. BEST MOMENTS 'This way you tie them in, they're engaged' VALUABLE RESOURCES shaz@aaa-accountants.co.uk ABOUT THE HOST ...2023-01-2404 min
Wealth Made Simple PodcastBADRShaz explains Business Asset Disposal Relief (BADR) - when it can be used, and why you should look to it when selling a business. KEY TAKEAWAYS If you run a business for five years and have at least 5% of the share capital - if you sell it you can claim entrepreneur's relief up to the first million pounds. If you charge rent on the business, then you can't charge Entrepreneur's Relief as it then becomes an investment activity. BEST MOMENTS 'Where possible, you want to make sure that you can utilise Business Asset...2023-01-1908 min
Wealth Made Simple PodcastUnderstanding VAT and CAShaz talks you through a practical example about how to better understand VAT and capital allowances, and the benefits that can be achieved when converting from commercial to residential. KEY TAKEAWAYS When looking to buy a property it is wise to find out about the exact VAT situation. When you make the offer, make it clear that you want to convert from commercial to residential, and ask if they will accept a VAT 1614D. Elements of a building that are subject to capital allowances are any part of the property that are not inherently provided by...2023-01-1711 min
Wealth Made Simple PodcastTrading Or InvestingShaz explains the differences between an investment company and a trading company, and how the approaches to buying properties for each will require different schools of thought. KEY TAKEAWAYS If you buy a property, hold on to it, and rent it out, then this an investment purchase. if you buy a property, do something to it and then trade it, this is a trading purchase. Serviced accommodation property investments are treated as a trading deal, as you are selling a product to a client each time it is rented out. BEST MOMENTS 'Short...2023-01-1208 min
Wealth Made Simple PodcastThe Deal I Didn't GetDepending on the properties you buy and the way you buy them, you may be able to claim certain reliefs. In this episode, Shaz talks about an instance from his own investing history that best illustrates these differences. KEY TAKEAWAYS Even the difference of just £100,000 on a property worth over a million pounds, can dramatically increase your rental income potential. When you are doing your first deal, you have to compromise the margin. The less experience you are, the bigger the margin you need as mistakes will happen BEST MOMENTS 'There are a l...2023-01-1009 min
Radical w/Maajid Nawaz on OdyseeMaajid Nawaz: Only on Odysee (Trailer)2022-01-3100 min
The Inquisitive VCJohn Henderson - AirTreeJohn Henderson is a Partner at AirTree Ventures, an Australia and NZ focused venture firm. Prior to AirTree, John was the Founding Principal of White Star Capital.We talk about his journey to VC, investment biases, Olympus Finance, NFTs and more! See some of John’s NFTs below and be sure to subscribe.The podcast is also available on your favourite podcast sources like Spotify, Apple and Youtube!Nawaz Ahmed: I'd love to start with your journey to venture capital. I know you did startups. I know you worked in a startup, so it would be great to...2021-11-0925 min
Wealth Made Simple PodcastWealth Made Simple - Shaz Nawaz - Will Alphabet Shares Soon Be A Thing Of The PastSome accountants voice concerns over multiple share classes and in this episode, Shaz looks at the different types of shares and how they can be used within the structure of a company. Previously some types of shares have been exploited but as Shaz explains this is unlikely to happen with Alphabet shares as it’s a commercial arrangement that benefits both parties KEY TAKEAWAYS In a limited company, you have ordinary shares, With different classes of shares, you can restrict and limit the rights people have with those shares You can limit vot...2021-06-1706 min
Haziq Nawaz Sayeed's podcastEpisode 11 - Haziq Nawaz Sayeed's podcastHii2020-04-2800 minHaziq Nawaz Sayeed's podcastEpisode 10 - Haziq Nawaz Sayeed's podcastAus k liya2020-04-2300 minHaziq Nawaz Sayeed's podcastEpisode 8 - Haziq Nawaz Sayeed's podcastYawdu k karobar2020-04-2000 minHaziq Nawaz Sayeed's podcastEpisode 6 - Haziq Nawaz Sayeed's podcastLast paper2020-04-2000 minHaziq Nawaz Sayeed's podcastEpisode 5 - Haziq Nawaz Sayeed's podcastZehar dekh k peeta ta ke peeta2020-04-2000 minHaziq Nawaz Sayeed's podcastEpisode 4 - Haziq Nawaz Sayeed's podcast2020-04-2000 minHaziq Nawaz Sayeed's podcastEpisode 3 - Haziq Nawaz Sayeed's podcastLast exam2020-04-2000 minHaziq Nawaz Sayeed's podcastEpisode 2 - Haziq Nawaz Sayeed's podcastSchool last exam2020-04-2000 min
Wealth Made Simple PodcastDue Diligence Matters More Than You Think!Welcome to Wealth Made Simple, a new podcast in which entrepreneur, award-winning accountant, tax expert and investor, Shaz Nawaz, guides you through the process of making money, keeping money, and most importantly, growing your money. Few people know more about mastering money through business, property or tax saving strategies. Throughout his career, Shaz has helped his clients make tens of millions of pounds in additional profits through the very business strategies he’ll be sharing with you In this week’s show, Shaz talks about investment pitfalls, and some top tax tips. Often people who find...2020-02-0425 min
Zeeshan Nawaz's showZeeshan Nawaz's showMusic on2019-12-1215 min
Zeeshan Nawaz's showEpisode 10 - Zeeshan Nawaz's show2019-12-1215 minZeeshan Nawaz's showZeeshan Nawaz's showMusic2019-12-1115 minZeeshan Nawaz's showZeeshan Nawaz's showMusic2019-12-0906 min
Zeeshan Nawaz's showEpisode 2 - Zeeshan Nawaz's showMusic on hai2019-12-0801 min