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BRW. Rich 200 --- Young Property Developers 2016

Discussion in 'Development' started by Leo2413, 25th May, 2016.

  1. Leo2413

    Leo2413 Well-Known Member Premium Member

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    BRW Rich 200 --- Young Property Developers 2016




    These guys are inspirational.


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  2. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    They've done well, no doubt. Very impressive results.

    Gurner is lightyears ahead for his age. Will be interested to see where he is at when he hits 40.
     
  3. Leo2413

    Leo2413 Well-Known Member Premium Member

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    Agree. Super impressive.
     
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  4. Jerry O

    Jerry O Well-Known Member Premium Member

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    If there's a will, there's a way... Very impressive indeed..
     
  5. wogitalia

    wogitalia Well-Known Member

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    In Blackburn's case, at least, that way was a rich daddy giving him his start...

    Funnily enough his pathway to success is pretty much the polar opposite of what many preach here. He spent his 20s gallivanting around the world to exotic locations without even thinking about saving or wealth or a care in the world. Of course it always helps if you get to take over dads property business and then expand from there.

    He's done an outstanding job from there in growing the wealth to the point where it is at and his apartment projects actually look like good ones that are well grounded in what the market desires.
     
  6. Leo2413

    Leo2413 Well-Known Member Premium Member

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  7. Daniel007

    Daniel007 Well-Known Member

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    That's the dream right there
     
  8. JKWS

    JKWS Well-Known Member

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    At 32 how could Tim Gruner have achieved such wealth? From my experience the turn around time in larger scale developments takes years alone?

    There must have been some serious start capital.. Or some incredible deals..
     
  9. Jamie_

    Jamie_ Well-Known Member

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    Young??? 2/3 of these guys are in their 40s.
     
  10. Cactus

    Cactus Well-Known Member

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    The family are well off I think. Also co owned a property group with Shwartz another wealthy family.

    Most of these people have family wealth to fall back on. They have done amazing things, but it's easier to be high risk high reward when you have nothing to lose and are young. The problem most people find in this stage of life is they have no capital to make it happen, and when they finally do, they no longer have nothing to lose, like a family depending on them.
     
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  11. sanj

    sanj Well-Known Member

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    Nocookies

    he started a business at 19 or so and sold it for a big profit within a year, then worked at 2 or 3 different property companies before working for schwartz and over 10 years ago did his own project.

    not sure I agree with your post. someone like him wouldn't be making excuses like I have no capital or, later on, I have too much to lose. those are the words of someone with a foot half in the trying to win and half in the trying not to lose camp
     
  12. LifesGood

    LifesGood Home Building & Development Consultant Business Member

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    Everyone has something to lose. The more successful the person, the more they will tell you they had to lose. Their desire to win is strongest, so losing is gut wrenching.
     
  13. Cactus

    Cactus Well-Known Member

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    Do you disagree with the comment that most of these people (not all) had family wealth to fall back on if it didn't work out.

    I'm not trying to take anything away from people that are successful.

    I know some people that really did it tough, had no family wealth. Are truly self made multi millionaires. We're talking $60-100M of wealth. They are not worth $250M+ but I guess for them they have nothing further to prove.