Damien Cheeseman: Ditch the Degree, Build the Empire: The Truth About Wealth
Description
๐ด ๐๐จ๐ข๐ง ๐๐ฌ ๐๐ข๐ฏ๐ https://selfunemployed.co.uk/
๐ ๐๐๐๐ซ๐ง ๐ญ๐จ ๐ข๐ง๐ฏ๐๐ฌ๐ญ ๐ข๐ง ๐ฉ๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ: https://www.samuelleeds.com/ref/319/
๐๏ธ Welcome to an inspiring episode of the Self Unemployed Podcast, hosted by Colin Munro, where the focus is on achieving financial freedom ๐ธ and breaking free from the traditional 9-to-5 grind ๐. In this episode, recorded at the picturesque Beaver Estate ๐ณ๐ฐ, Colin sits down with Damien Cheesman, a dynamic entrepreneur who has transformed his career from door-to-door sales ๐ชโก๏ธ๐ to managing a vast portfolio of holiday lets and boutique hotels ๐จ.
Damienโs journey is a testament to the power of self-education ๐, strategic investing ๐, and bold decision-making ๐ง ๐ฅ. Get ready for a deep dive into property investment, financial literacy, and the mindset needed to become self-unemployed! ๐
๐ Summary
Damien Cheesman shares his remarkable story, starting as a double-glazing salesman to fund university, only to ditch academia ๐๐ซ after realizing he could earn more without a degree. He built a successful construction company ๐ง with a turnover of ยฃ4โ6 million ๐ท, which he systemized to run independently ๐ ๏ธ๐, freeing him to pursue property investment ๐ก.
Inspired by Samuel Leedsโ ยฃ1 crash course ๐ท๐, Damien joined the Samuel Leeds Academy and learned creative property strategies ๐งฉ that prioritize cash flow ๐ต and asset-building over traditional buy-and-flip models ๐.
His bold pitch to manage a single property on the Beaver Estate led to a game-changing deal ๐ to oversee the entire estateโs holiday lets, doubling turnover ๐ in just seven months. Alongside this, Damien manages a diverse portfolio of rent-to-rent properties and joint ventures ๐๏ธ๐ค, working with 40 investors and a small team to scale his empire ๐๏ธ๐.
The conversation explores themes from Rich Dad Poor Dadโs Cashflow Quadrant ๐๐ก, the pitfalls of societal conditioning ๐ง ๐งฑ, and the importance of good debt vs. bad debt ๐ณโ๏ธ, offering actionable insights for aspiring entrepreneurs ๐ผโจ.
๐ง Main Takeaways
- โ Self-Education is Key: Learn financial literacy and property strategies. Resources like Samuel Leedsโ ยฃ1 crash course can break the chains of traditional education ๐๐.
- โ Good Debt vs. Bad Debt: Good debt (e.g., mortgage generating income ๐ก๐ฐ) builds wealth; bad debt (e.g., holiday loans ๐๏ธ๐) drains it.
- โ Systemize to Scale: Turn self-employment into a scalable business model โ๏ธ๐.
- โ Bold Moves Pay Off: Confidence and vision can turn a "cheeky ask" into a life-changing opportunity ๐ผ๐ฏ.
- โ Assets Over Savings: Inflation eats savings ๐, but property investments can grow wealth ๐ฑ๐ .
- โ Entrepreneurial Mindset: Skipping university and aiming for millionaire status by 40 shows the power of focused goals ๐ฏ๐ช.
- โ Financial Freedom Job Security: True security lies in knowledge and freedom, not a paycheck ๐๐.
๐ฌ Key Quotes
- ๐ฃ๏ธ โYou have to be creative with the strategies... youโll be a better steward of that money than the government might be.โ โ Damien Cheesman
- ๐ฃ๏ธ โThe crash course is a pound, how can that be a scam?โ โ Colin Munro
- ๐ฃ๏ธ โItโs the recipe to bake a cake. If youโre not going to bake it, thatโs on you.โ โ Damien Cheesman
- ๐ฃ๏ธ โIt was flattering that someone as successful... would even consider our team.โ โ Damien Cheesman
- ๐ฃ๏ธ โThe most secure place is prison, but thereโs no freedom there.โ โ Colin Munro
- ๐ฃ๏ธ โFinancially secure = financially free... gives you the freedom to earn.โ โ Damien Cheesman
- ๐ฃ๏ธ โI canโt think of anything else more secure than property.โ โ Damien Cheesman
- ย
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