8 Steps to Purposeful Planning

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Jeff Brown (aka The BawldGuy) shares the proprietary process he developed, called Purposeful Planning, to help investors realize their dreams and goals.

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8 Steps to Purposeful Planning

  1. 1. by Jeff Brown aka The BawldGuy 8 Steps to Purposeful Planning  
  2. 2. <ul><li>What’s a Purposeful Plan? </li></ul><ul><li>During Jeff’s 36 years of experience in helping people grow their wealth, he has developed a proprietary process he calls Purposeful Planning. </li></ul><ul><li>His process allows him to demonstrate over and over that applying the key aspects of property selection and timing – whether you are selling or trading – produces superior results. </li></ul><ul><li>Following are the Purposeful Plan Steps. </li></ul>
  3. 3. <ul><li>Establish their level of sophistication about investing in general </li></ul>1.
  4. 4. <ul><li>Establish their current and complete financial status </li></ul><ul><ul><li>Get client approved by lender in advance </li></ul></ul>2.
  5. 5. <ul><li>Establish source(s) of capital for their first investment(s) </li></ul><ul><ul><li>Cash </li></ul></ul><ul><ul><li>Home equity </li></ul></ul><ul><ul><li>Stocks/Bonds/Annuities </li></ul></ul><ul><ul><li>Existing investment real estate </li></ul></ul><ul><ul><li>Other </li></ul></ul>3.
  6. 6. <ul><li>Gather information about them </li></ul><ul><ul><li>Age </li></ul></ul><ul><ul><li>Retirement plans (company pensions, IRA/401K, annuities) </li></ul></ul><ul><ul><li>Do they like their job or hate their job? </li></ul></ul><ul><ul><li>Are their goals realistic, or could they be more ambitious? </li></ul></ul><ul><ul><li>Whatever else pops up </li></ul></ul>4.
  7. 7. <ul><li>Decide whether they're in need of capital growth or current cash flow </li></ul><ul><ul><li>95% need to grow first </li></ul></ul>5.
  8. 8. <ul><li>Establish length of time available until retirement </li></ul><ul><ul><li>Is the time available sufficient to attain goal? </li></ul></ul>6.
  9. 9. <ul><li>Establish reserve account based upon total capital actually invested </li></ul><ul><ul><li>It’s a ‘must’ ( no reserves: I won’t work with them ) </li></ul></ul><ul><ul><li>Must be liquid </li></ul></ul>7.
  10. 10. <ul><li>Explain the process in general, and execute Plan based on Steps 1-7 </li></ul>8.
  11. 11. <ul><li>Contact us if your Purposeful Plan is not getting you to your retirement dreams </li></ul><ul><li>Brown & Brown Investment Properties 8885 Rio San Diego Drive, Suite 257 San Diego, CA 92108 </li></ul><ul><li>Tel: 619-298-8100 </li></ul><ul><li>Email: [email_address] [email_address] Website: www.brownandbrowninc.com </li></ul><ul><li>Blog: www.bawldguy.com </li></ul>

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