What is up SharkNation!
This week on the podcast Luke and Mark sit down with property Entrepreneur and Podcaster Gavin J Gallagher. Gavin is a property developer that built up a fortune during the Celtic Tiger, only to lose it all after the property crash of 2008.
Gavin not only shares his story about how he got involved in property and how he build a €65 million portfolio in just a few short years, but also the subsequent fall to a negative net worth after 2008.
Gavin tells the guys about what it was like during the the Celtic Tiger era in Ireland and how a winning streak in the property market led him to over-leverage his position while chasing his dream of getting to a €100M in assets.
After years of dealing with the banks after the financial crisis, Gavin became interested in sharing his story and the lessons he's learned along the way with the the next generation of 'would-be' property entrepreneurs.
Key takeaways:
1. Whatever you do in property - mindset will be a major factor in how you perform in the long term.
2. Investing in property gives you leverage. You can amplify your gains (and your losses) by using debt to fund your property vision. This is what makes it an attractive area to build a business.
3. Creativity is an important element of investing in property successfully. If you can see the potential in a project that others can't, you will be able to the acquire property and increase its value with your creativity, leaving others behind.
4. Hubris is a real risk once you become successful. Becoming addicted to the affluent lifestyle can cloud your vision of risk and lead to overextension.
5. If you are going to invest in property, pay someone to help that knows what they are doing.
If you are interested in learning more about Gavin you can listen to his podcast "Behind the Facade" here: https://open.spotify.com/episode/1Nc4DcZiTGK85SVOdo3245?si=fd5530e6f8d34311
You can also follow him on Youtube here :https://www.youtube.com/watch?v=_5L1ZJriImk
For feedback: Luke@shark.ie
SharkPod #112 ”Re-Launch Live From the Las Vegas Strip -U2 @ Sphere” -w/Luke and Mark
SharkPod #111 ”How to Build a 6 figure Agency” with Adam Walsh- Founder - 6 Figure Accelerator Program
SharkPod #110 ”Helping a Billion People Invest Better” - Emmet Savage Co-Founder MyWallStreet
SharkPod #109 ”How to self publish your business book” - w/ Orla Kelly - Founder - Orla Kelly Publishing
Bonus: How to Break into Tech Sales - A New Course Coming Soon.....
SharkPod #108 ”How to Become Key Person of Influence” - w/ Luke and Mark
SharkPod #107 ”The Shy Baby Gets No Sweets” - Rob Halligan - Co-Founder and COO of PitchedIt
SharkPod #106 ”Providing the Execution for Marketing Agencies”- Nathan Paris - Founder - On the Fuze
SharkPod #105 ”Property Investing in the Land of Opportunity” with Lisa O’Reilly - Founder LOR Property Solutions
SharkPod #104 ”12 Rules for Life” - Jordan Peterson - Book Breakdown
SharkPod #103 ”U2 - in Review” with Luke and Mark
SharkPod #102 ”Pessimists Sound Smart, Optimists Make Money” - with Luke and Mark
SharkPod #101 ”How to Lose a Gut in 10 Weeks” - with Luke and Mark
SharkPod #100 ”Career Evolution” - Niall O‘Kelly - Partner, Darwin Hawkins
SharkPod #99 ”The Game Changer Formula” - Ruaidhri (Rory) Prendergast - Entrepreneur and Author
SharkPod #98 ”Demand Response and Supporting Green Energy” -Paddy Finn - CEO, VIOTAS
SharkPod #97 ”The Obstacle is the Way” - Ryan Holiday, with Luke And Mark.
SharkPod #96 ”How to Be a Youtuber When You Grow Up” with Paddy Galloway
SharkPod #95 ”As Seen on the Late Late Show” - Niall O‘Loughlin - Ireland‘s Premier Caricaturist
SharkPod #94 ”Winning by Upskilling” - Alan Coleman - Founder Wolfgang Digital
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Money Mondays