Helping Tyrone Shum Analyse his Freedom Formula: Part 3

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We’ve been having a lot of fun in the last few months talking about various concepts around wealth building and investing and applying them specifically to property investment. Today we pull it all together, with Tyrone Shum of Property Investory as the guinea pig, and we discuss how all the concepts fit together.

Generally speaking, when it comes to sharing your personal wealth journey, people tend to be very private. Inside of my program, we have a number of KPI’s that mean people can share their ideas really freely. I appreciate and acknowledge Tyrone for the vulnerability that he shows today, so thank you very much. 

We cover: 

  • How Tyrone’s investing journey began
  • Tyrone’s current investments
  • Tyrone’s investment aspirations
  • Tyrone’s current game plan
  • A Freedom Formula exercise
  • Analysing Tyrone’s formula
  • The Freedom Mapping Calculator & further strategies

Show Notes:

00:00:00 – Intro

00:01:50 – How Tyrone’s Investing Journey Began

00:13:14 – Tyrone’s Current Investments

00:17:30 – Tyrone’s Investment Aspirations

00:19:57 – Tyrone’s Current Game Plan

00:21:55 – Freedom Formula Exercise

00:34:55 – Analysing Tyrone’s Formula

00:41:37 – The Freedom Mapping Calculator & Further Strategies

00:48:16 – Outro

How Tyrone’s Investing Journey Began

Tyrone doesn’t often share much about his own investing journey. We get little bits and pieces of stories in different episodes that he shares, but I asked him to talk about the journey as an adult investor: what that looked like for him and if he started investing at a younger age, how that worked for him, and what led him to become so passionate about property. 

Tyrone explains: “I’ve been sort of an entrepreneur in business, and my parents greatly influenced that. They have been running businesses since they landed in Australia, so they have been running businesses for all my life. So that influenced me into thinking that business is the way to go because that’s how they built a bit of wealth, and then from there be able to invest that into property. Read More

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