Ultimate Coaches – Getting Started – 1st October 2025
In this session, Michael Franks walks new and returning students through the essential first steps for building a successful property investment journey. The focus is on lowering overwhelm, understanding foundational materials, and establishing clear long-term goals.
You’ll learn how to access support, use the Members Only website effectively, and get the most out of your learning resources—including webinars, recordings, and the in-built AI assistant.
What You’ll Learn from This Session
- Start with the Fundamentals
Michael emphasises completing all eight steps in theGetting Started Course. These form the educational foundation of your investment journey—covering theUltimate Life Plan, Property Genius Blueprint, and other core modules. Skipping steps limits your understanding and can hold back your progress. - Setting Long-Term Goals
Using the SMART framework (Specific, Measurable, Achievable, Realistic, Time-bound), you’ll learn how to write clear, outcome-focused goals. Michael stresses that goals arenot actions, but visions of what you want to achieve—like “It’s July 2030, and I have a $100K passive income portfolio.” - Financial Awareness and Review
Understanding yourAvailable Working Equity (AWE)and borrowing capacity is crucial. This financial “fuel gauge” determines what deals you can pursue. Michael urges every student to book a financial review with Wizdom Finance before planning their first deal. - Building a Financial Plan
You’ll discover why investing is a financial journey that requires planning forcontinuity and growth. Michael explains how to use your own funds, bank loans, andOther People’s Money (OPM) effectively, and how leveraging borrowing capacity can multiply profits through compounding and scaling. - Strategy, Time, and Leverage
Choosing a strategy too soon is a common mistake. Focus first on your financial setup, then on selecting the right deal type. Michael explains howtime is your most valuable asset, and why compounding results through repeated, shorter projects can outperform long-term buy-and-hold.
You’ll also learn to leverage other people’s time, skills, and knowledge—tradespeople, agents, and fellow investors—to accelerate results and avoid burnout.
Smart Use of Finance
Michael contrasts holding property for 25 years (slow compounding) with doing multiple renovations over five years (fast compounding). He illustrates that manufactured growth through renovation or development creates wealth far faster than relying on natural growth alone.
Networking and Community
One of Michael’s key points: “Talk to people, not just computers.” Building relationships—with agents, local residents, and fellow students—often uncovers off-market deals that data searches alone can’t find.
Tools, Resources, and Next Steps
Michael introduces the new “Getting Started Guide”, summarising all steps, examples, and templates covered in the webinar. He encourages students to use it as a roadmap and to reach out for coaching support when stuck.
Finally, he reminds everyone to attend the Sydney Ultimate Bootcamp and the Super Conference in November, where they can deepen their learning, network, and see success stories live.
Key Takeaways
Getting started is about clarity, not speed. When you combine strong foundations, clear goals, and smart financial planning, you’ll build unstoppable momentum toward long-term success.
Action Items
- Attend the upcoming Ultimate Boot Camp.
- Attend the Super Conference in November.
- Review the “Getting Started Guide” provided.
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