How Investment clubs helped me smash my net worth goals this year

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One of my goals this year was to increase my net-worth significantly I sat down to review my half year goals and I was happy to see that investment clubs had helped me achieve this particular goal to build my net-worth this year. One of the things I outlined in my recently published book are the 4 models of investment clubs. The first model is the traditional model which is the model my friends and I started 5 years ago. To be honest, this is a tough model to implement. It requires a lot of patience, re-learning and unlearning but I am glad we have managed to survive through thick and thin. Traditional model and long term investment My investment club has pretty much made all the mistakes possible but I wouldn't trade all the learning for anything. I see the investments we've made so far as long term which will bring in reward eventually if we keep at it. This club has provided immense value in learning and contributed to me being able to take on the challenge to start the other clubs and that's where the story gets juicy for my goals this year. Project Based Model and making money on the buy One of the key investment options most people find hard to invest in in this part of the world is real estate. This is why I was excited when I got the opportunity to manage a club with 40 members ho wanted to own a piece of real estate in Lagos, Nigeria. In this club, we took advantage of the power of many by implementing some of the real estate strategies I learnt from attending a real estate seminar last year. We were able to negotiate a transaction to purchase 60 plots of land at xx% below the market value of that land because of the power of numbers Real estate developers are always ready to take cash for less than the value of the land because cash is king. Not only did I get to implement the real estate strategies I learnt but I also got to work with professionals in the real estate industry who taught me how to avoid the pitfalls with investing in real estate in Lagos state. Today, the value of the land we purchased is worth xx% compared to value we bought it because of to factors, development in that area of the state and population increase as well. Without the investment club, I wouldnt have being able to negotiate the cost of that land to the value we paid or got to own a land that appreciated in value The Green Club and the community model I started blogging officially in 2016 to share my practical investing experience but I didn't realize I could get rewarded for teaching the knowledge I had built up over the time reading book after book and sitting with multiple mentors I got a light bulb moment late last year and I started the Green Club to build a community of like minded investors who were ready to get started putting their money to work actively. At first, it was a pilot program but it has since evolved into a digital education platform. Check it out here and feel free to sign up for the September set The Green Club is a stream of income to me. It helped me invest more and more importantly I am excited by the impact and progress I see in the members of the community since they joined. Each of these models have contributed to increasing my net-worth by over 200% in the first half of this year and I thought it was only fair to share this with you. I can't wait to see how each of these models evolves in the second half of the year. What you focus on grows. What are you focused on as we get into the second half of the year? You need to get your mind exposed to new possibilities. It startes with your mind. You cant make what your mind has not created. If you haven't purchased a copy of my book, you should. Not only because I share the framework on how to start any of the models of investment clubs outlined in this post but also because you owe it to yourself to break average and do more with what you have Stop waiting. Start collaborating