Platinum Accelerator International Conference – Thailand 2024

Welcome to the Platinum Accelerator International Conference Thailand July 2024

The 2024 Platinum Accelerator International Conference was held live in-person at the Pullman Phuket Karon Beach Resort in Thailand. Download the Platinum Accelerator International Conference Workbook if you want to take notes to consolidate your learning and for future reference.

Platinum Accelerator International Conference Thailand Highlights

Check Out The Awesome Highlights from the Platinum Accelerator International Conference in Thailand During the Gala Dinner on the 4th July, Dymphna had her Birthday and Platinum Coach Narelle surprised her by singing a song with a new version of lyrics. You can check it out and sing along below:

Session 1: What It Means to Be Successful

This session delves into the varied definitions of success and the importance of personal fulfillment and internal validation in achieving it. Participants engage in activities and discussions designed to broaden their understanding of success and enhance their sense of gratitude and appreciation.

In this session we will cover:

Understanding Success: The session begins with a discussion on the different meanings of success. Participants share their personal definitions, revealing that success can range from financial stability to happiness and helping others. The speaker emphasises that success is subjective and encourages introspection to understand one’s own criteria for success.

Success vs. Being Successful: A significant part of the session is devoted to distinguishing between achieving success and being successful. Success is often goal-oriented, while being successful is a state of self-recognition and contentment. This segment includes interactive discussions where participants explore societal influences on their perceptions of success and the importance of internal validation.

Gratitude and Appreciation: The session highlights the power of gratitude in fostering a positive mindset and attracting success. Participants are encouraged to incorporate daily gratitude practices into their routines. Techniques for expressing gratitude, such as gratitude journals or simple daily reflections, are discussed to help shift focus to the positive aspects of life.

The Power of Positive Energy: The concept of energy work is introduced, explaining how sending positive energy and unconditional love can improve relationships and work environments. The speaker shares stories and practical exercises to demonstrate the impact of positive energy on personal and professional interactions.

Resilience and Growth Mindset: Participants learn about the importance of resilience and a growth mindset in overcoming challenges. The speaker discusses how gratitude and appreciation contribute to developing resilience, enabling individuals to view failures as learning opportunities and maintain confidence in their abilities.

Recognising Achievements: A reflective exercise prompts participants to identify and share their past successes in various life categories, such as family, career, social life, health, and finances. This practice helps reinforce a sense of accomplishment and trains the mind to focus on positive outcomes.

Implementing Gratitude Practices: The session concludes with practical advice on incorporating gratitude and appreciation into daily life. Participants are encouraged to develop habits, such as spending 15 minutes a day reflecting on their achievements and expressing gratitude. The importance of consistency in these practices is emphasised to ensure long-term benefits.

By the end of this session, you will have:

A deeper understanding of the multifaceted nature of success.
Clarity on the distinction between achieving success and being successful.
Practical strategies for incorporating gratitude and appreciation into your daily routine.
Insights into the power of positive energy and its impact on relationships and work environments.
Techniques for building resilience and fostering a growth mindset.
An enhanced ability to recognise and celebrate your own achievements.

Participants are encouraged to integrate these concepts into their daily lives, fostering a more fulfilling and successful personal and professional journey.

Session 2: Getting Sorted

This session emphasises the importance of organisation in achieving success in real estate, highlighting the benefits of having structured systems and routines in place.

In this session we will cover:

The Importance of Being Organised: The session begins with an overview of the critical role organisation plays in reaching financial and business goals. The speaker highlights how systems and processes are essential for managing multiple deals and achieving substantial financial returns. Participants are encouraged to assess their current level of organisation by describing their surroundings and processes with five words, leading to a discussion on common challenges like chaos and clutter.

Developing Effective Systems: A significant portion of the session is dedicated to outlining practical steps to create and maintain effective systems. This includes setting up electronic and physical filing systems, managing documents, invoices, and educational materials, and using diaries for scheduling tasks. The speaker also emphasises the importance of having a designated workspace and the tools needed to keep it organised, such as trays, folders, and notebooks.

Creating Routines: The session covers the importance of establishing daily routines for managing emails, phone calls, and meetings. It stresses the need to check and update diaries regularly, develop morning and evening rituals, and maintain consistent filing and backup processes. These routines help in managing tasks efficiently and ensuring nothing is overlooked.

Tools and Resources: Participants are introduced to various tools and resources that can aid in staying organised. This includes digital platforms like Trello for task management, OneDrive for cloud storage, and software for password management. The session also touches on the benefits of using note-taking apps and mind mapping tools to keep track of information and ideas.

Energy and Emotion Management: Creating a positive and motivating work environment is discussed, with tips on making the workspace enjoyable and free of negative energy. This involves using elements like plants, essential oils, and personal items that inspire. The speaker also shares techniques for clearing negative energy, such as using smudge sticks and sprays.

Discipline and Implementation: The session concludes with a focus on discipline and the importance of making organisation non-negotiable. The speaker encourages participants to treat their property management as a professional job, implementing the systems and routines discussed. Regularly rewarding oneself for maintaining these systems is also highlighted as a way to stay motivated and committed.

By the end of this session, you will have:

A clear understanding of the importance of organisation in achieving real estate success.
Practical steps and tools to implement effective systems and routines.
Techniques for creating a motivating work environment and managing energy.
Strategies to develop discipline and make organisation a consistent part of your professional practice.

Participants are encouraged to integrate these strategies into their daily routines and share their progress with accountability partners to ensure lasting change and improvement in their organisational skills.

Session 3: Student Success Stories

Session 3 explores the inspirational and instructive journeys of real estate investors within the I Love Real Estate Platinum community, highlighting their successes, challenges and the invaluable lessons learned along the way.

Key Highlights:

Inspirational Stories and Community Support: The session opens with the significance of sharing real estate experiences within the I Love Real Estate community. Members benefit from transparent discussions about profits, timelines, and obstacles encountered, fostering a supportive environment where no question is considered too intrusive.

Personal Journey and Overcoming Challenges: The journey of Allison and her husband Raymond is showcased, detailing their progression from initial struggles to significant accomplishments in real estate investment. They discuss their early involvement in “Wildly Wealthy Women,” a knockdown rebuild project, and navigating setbacks like the Global Financial Crisis (GFC).

Successful Real Estate Deals and Strategies: Allison shares multiple successful deals, including a renovation on the Gold Coast that transitioned into an Airbnb, highlighting the flexibility needed to adapt to market conditions.

Community and Personal Growth: The session emphasises the camaraderie and lifelong friendships formed within the community, which are crucial for personal and professional growth. The supportive network, accountability, and continuous learning provided by the Platinum membership are underscored as vital components for success.

Key Takeaways:

Flexibility and Adaptation: The ability to pivot strategies, such as turning a flip into an Airbnb, is essential in real estate.
Community Support: Sharing experiences and learning from others in a supportive community can significantly enhance one’s real estate journey.
Long-Term Vision: Holding onto properties and making strategic decisions based on market conditions and personal intuition are crucial for long-term success.
Personal Growth and Accountability: Continuous learning, self-reflection, and accountability within a community foster both personal and professional development.

By the end of this session, participants gain a comprehensive understanding of the diverse challenges and strategies in real estate investment, equipped with insights to enhance their own journeys within the competitive market.

Session 4: Finance Update

This session provides a comprehensive update on the current financial landscape and future projections for the real estate market, focusing on actionable insights and tools to help investors make informed decisions.

In this session, we will cover:

Wizdom Central Update: The session begins with an introduction to the latest updates in Wizdom Central, a tool designed to assist real estate investors. Key features include property reporting, automatic banking updates, estate planning, and cash flow servicing. The tool offers a 30-day free trial, after which it costs $10 per month.

Property Reports: Detailed property reports are now available in Wizdom Central, including valuation estimates, rental estimates, property history, and suburb reports. These reports provide statistical modeling and comprehensive data to help investors assess property values, rental potentials, and historical trends.

YouTube Channel and Community Engagement: Andrew discusses his YouTube channel, “Wizdom Loans,” and encourages community members to subscribe to help him reach 500 subscribers. He emphasises the importance of community feedback and invites suggestions for content that would be valuable for the audience.

Market Projections and Economic Data: The session delves into future market projections, focusing on borrowing ability, interest rates, and their impact on property prices. Andrew presents data from the Reserve Bank of Australia, showing expected interest rate movements and their correlation with property prices. He explains how lower interest rates typically lead to higher property prices due to increased borrowing capacity.

Under-Supply and Population Growth: Andrew highlights the ongoing issue of under-supply in the housing market, exacerbated by high population growth and migration. He presents historical data showing the persistent gap between population increase and dwelling completions, suggesting that this trend will continue to drive property price growth in the near term.

Capital City Property Price Forecasts: Andrew presents recent forecasts for property price growth across Australia’s major capital cities for 2024-2026. The data indicates strong growth prospects, especially in cities like Brisbane, Adelaide, and Perth.

Feasibility and Investment Strategy: Andrew advises on how to approach feasibility studies in a rising market. He suggests considering current market data, adjusting for expected future growth, and evaluating worst-case scenarios. He emphasises the importance of learning from each deal, even those that don’t yield high profits, as a way to improve skills and future performance.

Confidence and Market Participation: The session concludes with a motivational message about building confidence in investment decisions. Andrew encourages participants to leverage the support and education available in the Platinum community and to remain active in the market.

By the end of this session, you will gain a thorough understanding of the current financial environment, tools to enhance property evaluation, and strategies to navigate the real estate market with confidence and foresight.

Session 5: What’s Holding You Back?

Session 5: What’s Holding You Back focuses on identifying and addressing the obstacles that hinder progress in your property journey, emphasising the importance of proactive problem-solving and collective brainstorming to find solutions.

In this session, we will cover:

Identifying Personal Obstacles: The session opens with participants writing down the things that are currently holding them back in their property journey. These obstacles could range from mindset issues, borrowing challenges, financial constraints, lack of motivation, or simply being too comfortable in their current situation.

Articulating and Sharing Challenges: Participants take turns articulating their obstacles to the group, with each person having one minute to share. This exercise encourages clear communication and helps identify common challenges among the group.

Collective Brainstorming for Solutions: After each participant shares their challenge, the group spends five minutes brainstorming possible solutions. This collaborative approach leverages the diverse experiences and perspectives of the group, providing practical and innovative solutions to each person’s obstacle.

Continuous Improvement and Proactive Problem-Solving: Emphasises the importance of not ignoring problems or delaying action. Instead, it encourages proactive communication and seeking solutions before issues escalate. The idea is to come prepared with potential solutions rather than just presenting problems.

Engaging and Structured Approach: The structured format of the session, with timed sharing and solution brainstorming, ensures that everyone gets an opportunity to participate and benefit from the collective wisdom of the group. This approach also helps participants practice concise communication and effective problem-solving.

Building a Supportive Community: The exercise highlights the value of community support in overcoming challenges. By sharing their obstacles and brainstorming solutions together, participants realize that they are not alone in their struggles and that collective effort can lead to better outcomes.

Feedback and Reflection: Participants reflect on the exercise, sharing insights on how different perspectives can provide new solutions to familiar problems. This reflection reinforces the importance of open communication and collaboration in achieving personal and professional growth.

By the end of this session, you will have a clearer understanding of what is holding you back in your property journey and will be equipped with practical solutions and strategies to overcome these obstacles, supported by the collective wisdom and experience of your peers.

Session 6: Out of Room Activities (No Video)

Session 7: Money Roadblocks

In Session 7, we explore the psychological barriers that prevent financial success, emphasising the importance of mindset and providing techniques to overcome these obstacles.

Introduction to Mindset and Money Roadblocks: The session begins with a discussion on the importance of mindset in financial success. It highlights how childhood experiences, past failures, and ingrained beliefs create mental roadblocks that hinder financial progress. The speaker, Nicolle, emphasises that our brain’s malleability, or neuroplasticity, allows us to change our mindset and overcome these barriers.

Psychological Influences on Financial Decisions: Nicolle explains that as investors and individuals, we are prone to making ineffective decisions due to psychological influences such as fear and frustration. These emotions stem from limiting beliefs, childhood programming, and past experiences. Understanding these underlying factors is crucial for making informed financial decisions.

Emotional Impact on Financial Decisions: The session delves into how emotions like fear and frustration affect our actions and responses regarding money. Participants are encouraged to identify the sources of their financial actions and responses, such as their surroundings, network, and past experiences. This awareness is the first step in changing these patterns.

Cultural and Historical Influences: Nicolle discusses how cultural and historical factors shape our attitudes towards money. The session examines how different cultures and historical contexts have influenced our subconscious beliefs about wealth, work, and social class. Understanding these influences helps participants gain a broader perspective on their financial mindset.

Subconscious Mind and Decision-Making: Participants learn about the significant role of the subconscious mind in decision-making. The session reveals that our subconscious mind drives 96% of our decisions, while our conscious knowledge accounts for only 4%. This insight emphasises the need to address subconscious programming to make better financial decisions.

Common Cognitive Biases: Nicolle introduces several cognitive biases that affect financial decisions:

Anchoring Bias: The tendency to rely on the first piece of information encountered.
Availability Bias: The tendency to rely on readily available information.
Attention Bias: The tendency to pay attention to certain information while ignoring others.
Confirmation Bias: The tendency to interpret new evidence as confirmation of existing beliefs.
Self-Attribution Bias: The tendency to attribute successes to personal actions and failures to external factors.
Herd Mentality: The tendency to follow the crowd.

Addressing Cognitive Biases: The session provides solutions to counteract these biases, such as seeking diverse perspectives, actively looking for disconfirming evidence, and fostering independent thought. Participants are encouraged to broaden their perspectives and be aware of their biases to make more balanced and informed decisions.

Loss Aversion Bias: Nicolle explains the concept of loss aversion bias, where the pain of losing money is felt more acutely than the pleasure of gaining the same amount. This bias often leads to risky behavior or avoidance of investment opportunities. Participants learn to manage this bias by putting losses into perspective, considering the bigger picture, and understanding the difference between perceived and real risk.

Practical Strategies to Overcome Money Roadblocks: Participants are given practical strategies to overcome money roadblocks:

Invest What You Can Afford to Lose: To minimise the impact of loss aversion.
Diversify Investments: To spread risk across different assets.
Change Perspective: To view financial challenges from different angles and gain new insights.
Understand Time as a Factor: To recognise the importance of patience and the power of compounding in building wealth.
Manage Emotions: To regulate fear and frustration and make rational decisions.

By the end of this session, participants will have a deeper understanding of the psychological barriers to financial success and will be equipped with practical tools and strategies to overcome these obstacles and achieve their financial goals.

Session 8: Lessons From Modular

Session 8 focuses is on the insights and experiences gained from working with modular construction and how these lessons can be applied to conventional real estate development projects. The session begins with an introduction to Josh Jones, an experienced deal maker and real estate developer. Josh’s extensive background in global projects and his ability to navigate complex deals set the stage for an insightful presentation on modular construction. Josh shares his journey, starting from his early days in real estate to his significant projects around the world. His narrative includes anecdotes about his early struggles and successes, providing a relatable context for his expertise in deal-making and project management.

Modular Construction Insights

Fitzroy Island Project Josh discusses the acquisition and development of Fitzroy Island, highlighting the innovative deal structures he used to finance the project with minimal upfront investment. He explains how he leveraged vendor finance and other creative financing methods to manage the $58 million project cost. Challenges and Resilience Josh recounts the challenges faced during the 2008 financial crisis, including dealing with uncooperative banks and project foreclosures. He emphasises the importance of resilience and adaptability in the face of unforeseen economic downturns and how these experiences shaped his approach to future projects.

Partnerships and Global Projects

China Collaboration Josh describes his partnership with a large Chinese company to create the world’s largest modular manufacturing facility. This venture not only expanded his business reach but also provided valuable lessons in cross-cultural collaboration and large-scale project execution. Kazakhstan Project An interesting case study from Kazakhstan is presented, where Josh’s team built a large exhibition center within a tight timeframe. This project illustrates the importance of flexibility, rapid decision-making, and the ability to secure strategic partnerships to achieve ambitious goals.

Current and Future Ventures

Clear Passage Projects Josh introduces Clear Passage, a company focused on building holistically self-sustaining communities in various locations, including Canada, Panama, and the Bahamas. These projects emphasise sustainability, innovative infrastructure, and collaboration with local communities. First Nations Partnership A significant part of Josh’s current work involves partnering with First Nations in Canada to develop infrastructure and housing. He explains the unique challenges and opportunities in these collaborations, highlighting the potential for economic reconciliation and community empowerment.

Practical Lessons and Deal Structuring

Innovative Financing and Government Support Josh provides insights into navigating government incentives and funding opportunities, particularly in Canada. He details how his projects benefit from various government programs aimed at addressing the housing crisis, which provide substantial financial support and make projects more viable. Structuring Deals for Success The session includes practical advice on structuring deals to maximise benefits and minimise risks. Josh emphasises the importance of creativity in financing, building strategic partnerships, and leveraging government programs to enhance project feasibility. The session concludes with a summary of the key lessons from Josh’s experiences with modular construction and large-scale projects. Participants are encouraged to think creatively, build resilient partnerships, and remain adaptable in the face of challenges. By the end of this session, participants will have gained valuable insights into modular construction, innovative deal structuring, and the importance of strategic partnerships in real estate development.

Sessions 9 & 10: Energy Work

In this session, the focus is on understanding and harnessing energy to influence outcomes and improve personal and professional interactions.

Introduction to Energy and Vibrational Frequency: The session begins with an explanation of the concept of energy and vibrational frequency. Everything, including humans and objects, is composed of vibrational energy. Our emotional state significantly affects our vibrational frequency, which in turn impacts our surroundings and interactions. High emotional states like joy and passion raise our vibrational frequency, while low emotional states like sadness and anger lower it.

Energy in Animals and Babies: The session highlights that animals and babies are particularly receptive to energy. They can easily sense and respond to the vibrational frequency directed towards them. This is due to their openness and lack of logical barriers that adults often have.

Techniques to Raise Vibrational Frequency: Several techniques are discussed to help raise one’s vibrational frequency, including:

Deep Breathing and Meditation: Taking slow, deep breaths with intention to center and focus.
Positive Emotions: Engaging in activities that bring joy, such as laughing, singing, dancing, and appreciating beauty.
Inspirational Content: Reading inspirational books, listening to uplifting podcasts, and watching positive movies to influence subconscious energy.

Using a Pendulum: Participants receive a pendulum and are guided on how to use it to tap into their subconscious mind. By asking baseline questions with known answers, they establish how their pendulum responds to “yes” and “no” answers. This tool helps them access intuitive answers for decision-making.

Law of Attraction and Intention Setting: The session delves into the law of attraction, explaining how matching the frequency of the desired reality can help achieve it. Setting clear intentions and focusing energy on desired outcomes can influence the results.

Personal Stories and Experiences: The speaker shares personal stories of using energy work, such as interacting with animals and experiencing intuitive insights. These anecdotes illustrate the practical application and effectiveness of energy work in everyday life.

Exercise Feeling Energy Between Hands: Participants engage in a hands-on exercise to feel the energy between their palms. By pulsing their hands close together and gradually moving them apart, they sense the energy field between them. This exercise helps them become more aware of their own energy and how to manipulate it.

Feeling Energy with a Partner: In pairs, participants practice feeling the energy between their hands and their partner’s hands. With eyes closed, they focus on sensing the energy without touching, further honing their sensitivity to vibrational frequencies.

The session concludes with encouragement to remain open to the concept of energy and to practice focusing their energy and intentions in various situations. The speaker emphasises that awareness and openness to energy work can enhance personal and professional outcomes.

By the end of this session, participants will have a better understanding of how energy and vibrational frequency influence their lives. They will have practical tools and exercises to raise their vibrational frequency and use energy to achieve desired outcomes.

Session 11: Market Update

This session provides an in-depth analysis of the current state of the housing market in Australia, discussing the significant factors affecting demand and supply and offering insights into the economic pressures at both national and global levels.

In this session we will cover:

Demand and Supply Dynamics: The session starts with a detailed look at the housing market’s demand and supply, highlighting the drastic dip in dwelling approvals since 2017 due to stringent borrowing regulations. The post-COVID era saw a significant rise in material costs, affecting new housing developments and leading to a persistent under-supply amidst a population surge.

Impact of Population Growth: The population growth in Australia has intensified the housing shortage, despite political efforts to control immigration. The labor market’s demand for workers drives the need for migration, exacerbating the housing crisis as approvals for new dwellings remain low.

Economic Policies and Market Influences: Historical and current economic policies, including the Royal Commission’s impact and the aftermath of COVID, are explored. The session explains how these factors have led to higher property prices and rent increases, putting pressure on renters while benefiting investors.

Property Pricing Trends: Analysis of recent property pricing trends shows varied growth across major cities, with some areas experiencing significant increases while others, like Melbourne, lag behind. The discussion covers how these trends correlate with population changes and the supply-demand imbalance.

National and Global Economic Pressures: The session delves into national economic indicators, such as GDP growth, inflation rates, and employment figures, to assess their influence on the housing market. Additionally, it examines global pressures, including the influence of BRICS nations and the potential shift in global trade dynamics away from US dollar dominance.

Future Outlook and Investment Opportunities: The session concludes with a forward-looking perspective on the housing market, predicting continued price increases until supply catches up with demand. It highlights potential investment opportunities, particularly in middle-ring areas and unit markets, and discusses the potential for government interventions to address rental market pressures.

By the end of this session, you will have a comprehensive understanding of the current housing market trends in Australia, equipped with insights into the economic factors driving these changes and strategies for navigating the evolving real estate landscape.

Session 12: Question Box

In this session, a variety of advanced strategies for managing finances and investments in the real estate sector were discussed, along with insights on personal development and overcoming obstacles.

Key Topics Covered:

Integrating Equity Release with New Deals: Understanding how to balance equity release with new loan assessments. Importance of reassessing finances with new deals to include income and debt.

Feasibility and Projections: Working with strategists to project rental income and adjust lending based on expected returns. Lenders’ acceptance of projected rental income in loan calculations.

Challenges in Leadership: The frustration of seeing potential in community members who don’t take action. Emphasising the importance of executing plans and following through on advice.

Addressing Personal and Emotional Layers: Recognising the need to address underlying emotional issues that prevent action. Importance of self-awareness and introspection for personal and professional growth.

Handling Deceased Estates: Evaluating whether to sell or hold inherited properties based on growth potential and cash flow. Considering the impact of debt and performance comparisons between new and old properties.

Vision Boards and Motivation: Keeping vision boards visible to maintain focus and motivation. The psychological benefits of constant reminders of goals and aspirations.

Long-term Commitment to the Real Estate Community: Dedication to the community not for monetary gain but to make a significant impact on people’s lives. Maintaining the integrity of the community and providing education without selling properties to students.

Overcoming Employment Challenges: Strategies for individuals in casual jobs to improve borrowing capacity. Embracing opportunities in different industries and upskilling for better job prospects.

Coping with Failure: Adopting a positive mindset towards failure as a learning opportunity. Analysing decisions and actions to understand and improve future outcomes.

Finding Purpose and Passion: Differentiating between purpose (what gives life meaning) and passion (what brings joy). The importance of aligning life activities with personal values to find fulfillment.

Personal Experiences and Growth: Sharing personal journeys of finding purpose through introspection and recognising moments of joy. The role of supportive mentors and continuous learning in personal development.

Financial Strategies: The importance of cash flow and positive returns on investments to stay ahead of inflation. Utilising property deals to build wealth and secure financial futures for the next generation.

This session provided a comprehensive overview of advanced strategies in real estate investment, emphasising the integration of financial planning, personal development, and community support. Attendees gained insights into practical approaches for managing finances, leveraging equity, and maintaining motivation through vision boards and introspection.

Session 13: Investor Speed Dating

Session 13 featured an interactive “Investor Speed Dating” activity designed to foster networking and exchange of actionable investment strategies among participants.

Key Activities and Themes:

Participants were paired up and seated opposite each other to facilitate interaction with new people. Each round involved two questions, with two and a half minutes for each participant to discuss before switching roles. After each round, the outside participants rotated three seats to the right to ensure diverse interactions.

The initial questions focused on participants’ goals for the next 12 months and identifying the support needed to achieve these goals. To maintain positive energy, participants performed a brief visualisation exercise before each round.

As the session progressed, new questions were introduced, including discussions on changing or implementing new habits and overcoming strategy-related challenges. In the closing rounds, participants reflected on personal organisation and their engagement with the Platinum program, identifying areas for improvement.

Participants reported having “light bulb” moments and found the exercise highly beneficial for gaining new perspectives and actionable insights. The interactive format and constant rotation facilitated networking and sharing of diverse strategies and experiences.

The “Investor Speed Dating” session successfully encouraged participants to articulate their goals, challenges, and strategies while fostering a sense of community and mutual support. By engaging in these structured yet dynamic conversations, attendees left with clearer visions for their next steps and a broader network of peers to support their journey in real estate investment.