Why is Michael Yardney still working?


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Today I’m going to do something a little bit different; I’m going to give you some insights into what makes me tick.

Maybe you’ll learn something useful from it, maybe you won’t.

Michael Yardney2You see…

I remember a while ago (when I was still personally seeing clients) a prospective client asked me:

“Michael now that the candles cost more than your birthday cake why are you still working?”

I know others have wondered:

“Is this guy really financially independent?

Does he really have a substantial property portfolio?

And if so why is he sitting here across the table from me wanting to show me how I can become financially independent?”

Some lessons for you

I’d like to answer these questions because there are some instructive lessons for anyone who wants to develop financial independence particularly if you’d like to do so by growing a multi-million dollar property portfolio.

First the answer to the second question: Yes I am truly financially independent, having over the years built a very, very substantial property investment portfolio of residential, commercial, industrial, and retail properties.

In my books and on my podcast I talk about the concept of building yourself a “Cash Machine”.

Pam and I truly have a “Cash Machine” that gives us real choices in life.

Prior to Covid we would take one very long (6 weeks or so) break – often a cruise – over the summers months and a number of shorter vacations throughout the year.

But I think the biggest lesson will come out of my answer to the question of why I’m still working.

Let me explain with a little story…

I remember a couple of years ago reading that Ringo Starr (yes the famous Beatle) was touring America.

He was 74 years old at the time.

He was doing a multi-city tour of America, at the age of 74, turning up at one city performing, leaving, and then on to the next place.

I repeat he was 74 years old and still on tour.

And Mick Jaggar was doing the same at the age of 76!

I suppose this should be reassuring for me – it suggests that 10 years from now I might still somehow or other be able to get up on the stage and deliver my seminars.

Over the years I’ve worked hard so that I now don’t need to work for financial reasons, but I think I will still enjoy doing it when I’m 74 years old just like Ringo does.

As far as I know, neither Ringo nor Mick Jagger has any unmet financial needs.

They’re still touring largely because they have nothing better to do.

I think a more constructive comment would be…

They’re still touring because they have nothing else to do for which they have comparable enthusiasm.

Why do they stay at it long after they need to reveal why certain people became so successful at it.

Many top achievers who are successful at what they do and rich because of what they do develop such intense enthusiasm for “it” that not doing “it” is akin to severing an arm.

I guess what I’m trying to say is that what many people don’t seem to understand is the reason so many business people, entrepreneurs, and property investors became so successful and rich is from the enthusiasm they had in their job in the first place.

So here is an important lesson for you:

If you’re doing something you don’t have to or won’t quickly develop intense enthusiasm for, the likelihood of you achieving substantial success or becoming rich from it is slim indeed.

This is the main reason why I’m still working.

I still get an intense buzz putting together property deals, putting together training programs, writing my blogs, educating investors, and more importantly seeing clients become financially independent and successful.

You see…

I spend all day talking about property while drinking coffee and dealing with nice people.

Why wouldn’t I still be working?

And to be honest I am still clearly, unashamedly, intensely enthusiastic about making and multiplying money.

I enjoy passing it on helping future generations including my children and grandchildren and also contributing significantly to charity.

I am very grateful for what I have and believe it’s my obligation to repay the world and that’s in part why I spend so much time writing and educating.

These activities are clearly the least financially profitable of all that I do but are the most rewarding.

What about you?

What are you enthusiastic about?

Is it properly investing?business data success

I know for many it’s property renovations or development – creating new or improving old dwellings.

So one of my messages to you today is…

Everybody has the capacity for intense enthusiasm – you just have to find the right outlet for yourself.

Having said that you can’t just find something you’re enthusiastic about and the money will roll in like they suggest in “The Secret”.

That just doesn’t work!

I have found that many metaphysical teachers just talk about finding your passion and they largely ignore how important it is to “monetise” your passion, preferring to let people fantasize that they can make money just by doing things they love.

It’s really not as simple as that is it?

You really must find a passion that provides a service or product that others are prepared and willing to pay for.

For most readers of my blog, this will be property and for many, it will be property renovations or development.

That’s exactly how I built my, now substantial, property portfolio.

And…once a year I spill my guts about how I did it.development plans

At my annual Wealth Retreat, I give you the blueprint that I have used for successfully building a multi-million dollar property portfolio. 
development plans

This is a training event – there is nothing to sell the back of the room- no expensive courses and definitely no properties for sale.

Click here now and get all the details, express your interest in joining us and we’ll be in contact with you to have a qualification interview with me.

If you are serious about finding your passion…

Why not join us at Wealth Retreat 2022 on the Gold Coast in April.

How would you like to spend 5 days with me and my personal mastermind group?

If you do then maybe 2022 will be the year that everything changes.

Join me for five transformative days on the Gold Coast from April 2nd to 6th and get the one-on-one private mentorship you need to achieve your most ambitious goals and dreams.

Not just in property, but in business and in life in general, because the aim of Wealth Retreat is to create Lifetime Wealth and leave a legacy.

When you join us you will get:

  1. Mentorship – You’ll have the opportunity to interact one-on-one with me and our guest experts so we can help you gain deeper insight and achieve your specific goals in property, business, and life.
  2. Masterminding – You’ll spend several hours a day brainstorming and getting ideas, advice, and solutions to your challenges from a hand-picked group of high-achievers.
  3. Networking – You’ll have plenty of time to build relationships with the other participants during breaks, at meals, and at night, so you can connect on a deeper level and benefit from their input and expertise.
  4. Fun – the days will be very full, but at nights we’ve got some surprises for you.

And if you would like to get the highest possible level of support for your most ambitious life and business goals, I encourage you to join me there!

You can learn more about this life-changing retreat here. Business Coach.

Here’s your chance to take your property investment, career, or business to a much higher level – or change the script completely and set off on a new path that’s better aligned with your passion and purpose.

If you are interested in joining us, please leave your details here and we’ll be in contact with you to have a qualification interview with you and secure your place quickly.

It is a unique opportunity – a very rare chance to work with a great team of mentors.

Wealth Retreat attracts an extremely high caliber of attendees.

These are people who are already successful and willing to take serious leaps in their careers, their personal lives, and the contributions they’re making in the world.

They’re the courageous few who dare to step out of the dominant culture of resignation and mediocrity and endeavour to create the life of their dreams.

Don’t count yourself out...

When you surround yourself with such motivated, energised, spiritually charged people, you tap into the power of the group and become more energized and powerful yourself.

There’s no limit to what you can accomplish with the support and encouragement of such incredible people! Business Mentor

Please note that to ensure the best possible experience, the number of attendees at Wealth Retreat is strictly limited.

This event WILL sell out – especially as 70% of the places are already taken by delegates who were unable to come when Covid made us cancel last year’s event.

This happens every year because past participants have achieved amazing results.

I remember last time we held Wealth Retreat Glen came back.

The year before, 2018, Glen set audacious 5-year goals but ended up achieving a heap of them in 12 months.

He came and shared his experiences from the stage to show what’s possible.

Click here to check out the top lineup of Australian property, tax, business, and finance experts and find out more about the curriculum.

And you’ll have the comfort of knowing that your attendance will be covered by my personal guarantee.

Click here and please give yourself the chance to assess this opportunity properly – it will take about 10 minutes to read all the information.

This is likely to be the most important year for you to attend.

While we can’t predict the future, we have lined up Australia’s leading experts to help you formulate a plan to protect your position and exploit the opportunities ahead. Success Road

You will have the opportunity to spend 5 days with some of the Sharpest Minds in Australia, discovering proven systems and strategies for profitable property and business systems.

Click here now and get all the details.

If you have any further questions please leave your details here and you’ll get a call from Jo Fitt who will be happy to answer all your questions and help you with your booking.

The intimate format of this workshop will give you plenty of time to ask your own personal questions of our faculty of speakers.

Use the online form to express your interest and you’ll hear back from Jo Fitt who will be happy to discuss this further and she’ll organise a time for a one on one chat with me.

It’s up to you now – I look forward to meeting you on the Gold Coast and being part of this exciting event.

I look forward to seeing you there.


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