Wealth Made Simple Podcast - podcast cover

Wealth Made Simple Podcast

Shaz Nawaz
This podcast is all about Business, Property and Tax. I’ll share my knowledge, experience and expertise of running five businesses at the same time. I’ll share my experience of building a multi-million-pound property portfolio. Best of all, as a chartered accountant,  I’ll share tax-saving tips, tools and techniques to help you save tax. The aim of this podcast is to help you grow your turnover, improve your margins and drastically increase your profits. All of this will help you build a better business which has a much higher exit value. It will also enable you to create more wealth, more time and more opportunities.
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Episodes

Top Traits & Habits of Wealthy People

Shaz delves into the top traits and habits of successful and wealthy individuals. With a motivational and informative tone, Shaz emphasises the significance of mindset, habits, and personal responsibility in achieving financial success. Drawing from his own experiences and expertise, he highlights the importance of focus, goal-setting, and continuous learning. Through practical examples and relatable anecdotes, Shaz guides listeners on the path to financial prosperity, encouraging them to adopt ...

Feb 27, 202452 minEp. 342

The Art and Importance Of Storytelling

Shaz explores the art and importance of storytelling in building wealth, by discussing how storytelling is ingrained in our everyday lives, from childhood anecdotes to embellishing or minimising our own experiences. The team delve into the seven overarching plots that form the basis of all stories and highlight the power of storytelling in connecting with an audience. They emphasise the need to craft stories that resonate with the audience, evoke emotions, and make a lasting impact. The episode ...

Feb 13, 202451 minEp. 341

How To Achieve Your Goals

Shaz discusses the importance of taking action and implementing goals effectively. He provides a comprehensive list of 25 actionable steps and tips to help listeners achieve their goals. Shaz also talks about the need to lay the foundations and develop a detailed plan, assign responsibilities, set milestones, allocate resources, and have a clear communication and feedback loop, highlighting the significance of celebrating achievements, maintaining flexibility, and practicing resilience. KEY TAKE...

Jan 25, 202450 minEp. 340

The Power of Personal Branding for Lasting Income

Shaz and Kieron discuss the importance of having a personal brand and how it can lead to recognition and opportunities. They emphasise the need to build trust and credibility through sharing knowledge, experiences, and opinions. Listen as they cover various strategies for creating products, such as writing booklets, offering online courses, and hosting webinars. They also highlight the value of networking, speaking engagements, and leveraging social media platforms. KEY TAKEAWAYS Building a pers...

Jan 18, 202451 minEp. 339

Goal Setting

Shaz and Kieron discuss the importance of goal setting, focussing on the need to set big, hairy, audacious goals that scare you and push you out of your comfort zone. They stress the importance of writing down your goals and reviewing them regularly to track progress and make necessary adjustments. They also highlight the power of affirmations and surrounding yourself with a supportive community, sharing their personal experiences with goal setting and offer practical tips for achieving success....

Jan 16, 202450 minEp. 338

Why Get Rich Quick Doesn't Work

Shaz and Kieron discuss the concept of getting rich quickly versus getting rich slowly, highlighting the pitfalls of chasing get-rich-quick schemes and emphasising the importance of focusing on long-term wealth building strategies. They discuss the reasons why get-rich-quick schemes fail, including slim chances of success, unrealistic expectations, high risk, and unsustainable wealth accumulation. They then delve into why getting rich slowly works, emphasising the benefits of compounded returns,...

Jan 04, 202450 minEp. 337

Building Blocks to Create Financial Freedom

The team discusses the building blocks that help create financial freedom, emphasising the importance of mindset, discipline, and perseverance in achieving long-term wealth. Shaz also explores the concept of simultaneous growth, where multiple streams of income and strategic partnerships can lead to exponential growth. He encourages listeners to focus on self-management, have difficult conversations, and prioritise their own worth. KEY TAKEAWAYS Building blocks for financial freedom include mind...

Dec 19, 202351 minEp. 336

Wealth Magnets

Shaz delves into the concept of Wealth Magnets, beginning by discussing the principles that control the flow and movement of money, such as wealthy philosophy, mental attitude, and behaviour. Shaz stresses the importance of having a positive mindset, associating with like-minded individuals, and creating value. He also explores the significance of generosity, visibility, and status in attracting wealth. KEY TAKEAWAYS Wealth creation starts with having a wealthy philosophy, positive mental attitu...

Dec 07, 202346 minEp. 335

How to Create Additional Income

Shaz discusses the importance of creating a second or additional source of income. He highlights the dangers of relying solely on one income stream, whether it be from a business or employment. Shaz emphasises the need to diversify risk and shares the potential pitfalls of being overly reliant on one key employee or client. He then delves into the strategy of buying a business to create a second income, without using any of your own money. KEY TAKEAWAYS Relying on one source of income in a busin...

Nov 30, 202351 minEp. 334

Lease Option Agreements

Shaz delves into the topic of lease option agreements, explaining the concept of a lease and the complexities involved in lease agreements. Shaz then discusses the potential changes to lease option agreements mentioned in the King's speech, which aim to improve fairness in the housing market. He explores the proposed reforms, such as extending lease terms, reducing ground rent, and increasing transparency in service charges. KEY TAKEAWAYS Proposed changes to leasehold agreements aim to improve h...

Nov 28, 202351 minEp. 333

A Deep Dive into Due Diligence

Shaz takes a deep delve into the topic of due diligence and its importance in making informed decisions in business, property, and investments. He breaks down the process of conducting due diligence, starting with market analysis and understanding the target audience and industry trends. He also stresses the need to define objectives, assess business conditions, consider legal and tax obligations, and evaluate financial aspects. KEY TAKEAWAYS Due diligence is a crucial step in any business or in...

Nov 21, 202348 minEp. 332

Myths Regarding Money And Wealth

Shaz and Kieron debunk several myths surrounding money and wealth, looking at the importance of understanding the reality of money and wealth, rather than relying on misconceptions and false beliefs. They challenge the notion that money is the root of all evil, highlighting that it is the love of money and greed that can lead to negative actions. Shaz also discusses the misconception that all debt is bad, explaining that debt can be a tool for generating cash flow and investing in appreciating a...

Nov 14, 202351 minEp. 331

Building Intergenerational Wealth

Shaz and Kieron discuss the importance of building intergenerational wealth, highlighting the misconception that intergenerational wealth is only for the rich and emphasising the need for everyone, regardless of their wealth level, to consider passing on their wealth to future generations. They discuss the alarming amount of lost money in the UK, estimated at £50 billion, due to a lack of communication and planning around intergenerational wealth, and stress the importance of having open convers...

Nov 09, 202350 minEp. 330

All About Habits

The team delve into the topic of habits and how they can be a game changer in one's life., focussing on how habits are often associated with negative connotations, but emphasising the importance of recognising and cultivating positive habits. They also explore the process of creating and changing habits, highlighting the need for personal motivation and choice, and stress the significance of having a structured routine and the benefits it can bring, such as increased productivity, enhanced menta...

Nov 07, 202349 minEp. 329

A Brief History Of Money

Shaz and Kieron delve into the origins of money and its evolution throughout history, focussing upon the importance of understanding the history of money in order to gain valuable insights and lessons that can be applied to various aspects of life. From the barter system to the development of standardised coins and the transition to fiat money, the team explore how money has been used as a means of exchange and a tool for wealth creation, and discuss the concept of money as a tool and how it can...

Oct 23, 202346 minEp. 328

The Importance Of Teaching Children About Finances

Shaz and Kieron discuss the importance of starting financial education at a young age and how it is often overlooked by society. They emphasise the need for parents to teach their children about finances, including concepts like saving, spending, giving, and investing. They also highlight the benefits of early financial literacy, such as making better financial choices, being more confident and competent with money, and developing a mindset of investing and saving. KEY TAKEAWAYS Starting financi...

Oct 18, 202348 minEp. 327

Basics Of Wealth

Shaz discusses the foundations of creating wealth, exploring its very concept, with different perspectives on what it means to different people. The episode focusses on the importance of patience, perseverance, and staying on course in order to achieve financial goals. KEY TAKEAWAYS Take the time to track your income and expenses in detail to gain a clear understanding of your financial situation. Continuously work on personal development and education to improve your mindset, skills, and knowle...

Oct 16, 202347 minEp. 326

Marketing And Wealth

Shaz and Kieron delve into the world of marketing and how it can be used to create wealth. They discuss the misconceptions surrounding marketing, focussing on the fact that it is simply a transfer of information and a way to satisfy customers' needs. They highlight the importance of understanding one's target audience and crafting compelling copy that evokes emotions. KEY TAKEAWAYS Marketing is about exchanging value: Marketing is not about scams or deception, but rather about providing somethin...

Oct 11, 202352 minEp. 325

A Brief History Of Tax

Shaz and Kieron delve into the complex and often misunderstood world of taxes, discussing the various factors that determine how much tax an individual should pay, and highlighting the importance of understanding one's specific situation and goals. KEY TAKEAWAYS The tax system is complex and poorly understood, requiring the expertise of professionals to navigate effectively. There are numerous tax reliefs, exemptions, and allowances available that can significantly reduce one's tax burden if uti...

Sep 27, 202351 minEp. 324

Good Debt and Bad Debt

Shaz and Kieron discuss the concept of good debt and bad debt, exploring the difference between the two and provide their own perspectives on the matter. They highlight that debt can be viewed differently by individuals based on their personal beliefs and values, and discussing various types of debt, including mortgage debt, student loans, and business loans for growth, which they consider to be examples of good debt. KEY TAKEAWAYS Good debt can be beneficial in the long term, such as mortgage d...

Sep 25, 202348 minEp. 323

Cash vs Card

The team delve into the topic of money, specifically cash and its potential decline in our society. They explore the concept of a cashless society and discuss whether cash still holds value and has a place in our modern world. They also touch on the benefits of cash, such as privacy, accessibility, and control, while acknowledging its drawbacks, including the risk of theft and the environmental impact of producing physical currency. KEY TAKEAWAYS Cash provides privacy and control over one's fina...

Sep 20, 202350 minEp. 322

AI In Business

In this episode of Wealth Made Simple, the team discuss the impact of artificial intelligence (AI) on businesses and wealth generation. They explore the different levels of AI, from narrow AI to generative AI, and how companies are already using automation and AI tools to enhance their operations and add value to their customers. KEY TAKEAWAYS AI is a powerful tool that can benefit businesses and individuals in various ways, including automation, data analysis, and streamlining processes. Compan...

Sep 04, 202328 minEp. 321

AI: Different Levels

In this episode of Wealth Made Simple, Shaz and Kieron delve into the fascinating world of AI (Artificial Intelligence). They begin by dispelling common misconceptions about AI, such as the fear of robots taking over, and provide an overview of the different levels of AI, from narrow AI to artificial superintelligence. KEY TAKEAWAYS AI encompasses various levels of intelligence, ranging from narrow AI to artificial superintelligence. Narrow AI refers to AI systems designed for specific tasks, wh...

Aug 30, 202327 minEp. 320

Bankruptcy

In this episode of Wealth Made Simple, we delve into the topic of bankruptcy, discussing its implications for both individuals and companies. We highlight the importance of exploring all available options and seeking help as a responsible approach to one's financial situation. KEY TAKEAWAYS Bankruptcy is a legal status that individuals and companies can apply for when they are unable to repay their debts within the UK. It is often seen as a last resort for insolvent entities that cannot meet the...

Aug 28, 202325 minEp. 319

Starting In Business

In this episode of Wealth Made Simple, we discuss the process of starting a property business or any business in general. The focus is on beginner-friendly strategies, steps to take when venturing into entrepreneurship, and the potential rewards and the ability to pursue one's passion in the long run. KEY TAKEAWAYS Decide to start: Many people have good business ideas but never take action. The first step is to make the decision to start and take action towards your goals. Define your goals and ...

Aug 22, 202326 minEp. 318

Grade II Listed Buildings

Shaz talks about Grade 2 listed buildings. Host Shaz Nawaz, an award-winning chartered accountant and property investor, shares his love for these historic buildings and dispels the notion that they are overly complicated to work with. He emphasises the beauty and architectural significance of Grade 2 listed buildings and highlights the potential investment opportunities they offer. KEY TAKEAWAYS Grade 2 listed buildings offer a unique investment opportunity due to their historical and architect...

Aug 14, 202325 minEp. 317

Making The Most Of Your Day Job

In this episode of Wealth Made Simple with Shaz, the focus is on maximizing the potential of your full-time job. Host Shaz Nawaz emphasises the importance of finding a balance in life that includes financial stability, physical and mental health, and personal fulfillment. He encourages listeners to assess their job satisfaction and align their work with their core values and interests. KEY TAKEAWAYS Find a balance in your job that aligns with your core values and brings you fulfillment. This inc...

Aug 09, 202327 minEp. 316

An Important Question To Ask

Shaz discusses the importance of asking the right questions when buying a property, whether it's for investment or personal use. He emphasises the need to go beyond simply liking a property and delves into the research and inquiries that should be made to ensure a successful purchase. KEY TAKEAWAYS When buying a property, it is important to ask the right questions to gather necessary information. This includes asking about the seller's motivation for selling, how long the property has been on th...

Aug 07, 202327 minEp. 315

Comfort Zone

We often hear that in order to achieve real success and grow, we need to step outside of our comfort zones - but where do the boundaries lie? In this episode, Shaz talks about why it's vital to know where your comfort zone is, and how to get the best from stepping outside. KEY TAKEAWAYS Your comfort zone is the habitual zone in which you spend your time - it is where you feel most at ease and you have mastery over all that you do. If you stay in your comfort zone, you remove the special growth y...

Aug 02, 202327 minEp. 314

What Is Wealth?

Many believe that wealth simply involves accruing the largest amount of money, but as Shaz discusses in this week's show, there might be more to the definition than you may think. KEY TAKEAWAYS You tend to see wealth depending on what your definition of success is in the first place. Some define wealth in terms of the freedom and happiness they have. Money is only one part of achieving wealth. The real definition is the freedom we attain through life and the things it allows us to do. Wealth mea...

Jul 31, 202326 minEp. 313
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