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Interview With Paul Nicholson, CEO of the Nicholson Group

Author
Steven Sulley
Published
Tue 25 Jun 2019
Episode Link
https://omny.fm/shows/the-steven-sulley-study-podcast/interview-with-paul-nicholson-ceo-of-the-nicholson

If you’re looking for a significant hotspot where you will start building your property portfolio, then this episode of The Steven Sully Podcast is for you. Today, Steven Sully talks to Paul Nicholson from the Nicholson Group to talk about his property journey. From scratch, Paul was able to grow and build his property portfolio and then build his own company. Discover why he ought to stay away from the prime cities and focus his attention on the undiscovered areas. He saw the possibility, learned how he could improve the area, and achieved success.
Paul also shares that it’s important to know your WHY, to always learn, to have a mentor, to have a healthy daily routine, and many more. Discover how these have helped him to be a better person. Tune in to know more about Paul’s journey and start learning about investment strategies.
KEY TAKEAWAYS
Paul has always had big dreams and always wanted nice things in life. He chose to put a halt in pursuing his law career and started diving in property investing when he saw the possibilities of growth and wealth in it. In just 10 years, he was able to grow his portfolio to as much as 200 properties including flats, commercial units, terrace houses, etc.
When looking for financing for investment properties, make sure that your dreams, ambitions, and plans are reflected from your portfolio, so they can know what are they getting into.
People wouldn’t dare explore areas like Kensington because it’s a bad place to invest in properties, but Paul did and was able to grow his portfolio there. He did the thorough research, so he knew what he can develop and turn the poor conditions around. Paul chose to stay away from places that are already saturated because of the heavy competition and high inflation rates.

It’s important to have a vision and a WHY. It makes a huge difference if we don’t chase for money and instead have a more fulfilling purpose.
Networking can help you stand out in the market, learn new stuff, and start new partnerships. Attend property events, and also start joining online property discussion groups.
The near-future of the property market shouldn’t be your basis when you should start your property journey. As long as there is determination, optimism, and adaptability, you’ll be able to succeed where the market is down.
BEST MOMENTS
“I have a golden rule all the time where I take what the end value would be.”
“Make sure you do your research and don’t just flood in the areas where others are.”
“We aren’t in the greatest location. It’s not a prime city, but the savings in terms of the clients makes it an option.”
“When you don’t tell people what you’re good at and what you’re doing, how would they even know? You got to say your message out loud.”
“I learned as I go, which is probably the worst thing that I have done. The sleepless nights, the stress and the stress… If I had a mentor, if I listened to podcasts, I wouldn’t do those mistakes.”
VALUABLE RESOURCES
National Landlord Investment Show
Think Like A Champion: An Informal Education in Business and Life by Donald Trump
ABOUT THE GUEST
Paul Nicholson is the CEO of the Nicholson Group, a prominent residential property developer and landlord ac. His property portfolio which he built since 2008 is now valued at £22,500,000.
Official Website: https://www.paul-nicholson.com/­­­­
ABOUT THE HOST
The Steven Sulley Study is my take on success. My view is you should focus on a number of key areas to be a well-rounded individual. Success should not be just one thing like money, for example, it should also consist of a healthy fit lifestyle and thriving relationships. As a person who has made a success in life and also made some cock-ups, I can offer suggestions and tips on how to become successful or at least start your pursuit of success.
I started from leaving school at 16 with very poor school results to pursue a career in plumbing following the directions of my parents that then lead me to a barrister's chamber and then to a sales floor. From here, I established a foothold in the sales market promoting financial products as well as being a founder of an art agency that has a Soho based art studio.
In addition, I have invested into an urban fashion brand and into a wellness tech company, and my latest addition to the business portfolio is a property company that which creates HMO's in Medway, Kent. The diverse range of industries I find myself in has allowed me to create wealth that enables me to be my own boss so I can pursue my dreams.
As a former boxer and avid sportsman, I find there are similarities between the running of businesses and competing. In my episodes, I will be sharing some of my experiences to explore deeper these connections and how they may bring you success."
CONTACT METHOD
Steven’s Instagram: https://www.instagram.com/sulley.steven/

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