In this episode of The Commercial Property Investor Podcast, Jerry reflects on the highlights and successes of the year, offering a counterbalance to last week’s discussion on challenges. From financial milestones to business growth, network achievements, and future prospects, this episode is all about celebrating the wins—big and small—that shaped 2024.
Episode Highlights:
Financial & Revenue Growth:
- Operational business turnover reached £1.4M—short of expectations but still a significant increase.
- Successfully secured favorable financing by holding out for the right loan, despite naysayers.
- Repaid nearly half a million in private debt and set plans to raise more funds in the new year.
- Improved revenue management with a professional, system-oriented approach.
- Notable growth in coworking revenue, with steady monthly increases.
Community & Network Success:
- The CPI community continues to thrive, with customers purchasing several buildings this year.
- Hosted the largest and most successful CPI Network in-person event in Glasgow, followed by an inspiring mastermind session.
- Welcomed a new mastermind member, leaving only one spot available to ensure the group remains intimate and impactful.
Key Achievements & Opportunities:
- Navigated the challenges of a tenant going bust, turning it into a positive asset management opportunity with a significant valuation uplift.
- Professional valuations confirmed progress and added confidence for future planning.
- Made strides in off-market discussions, paving the way for acquisitions in 2025.
Brand Development & Awards:
- Commissioned brand work this year, providing clarity on the company’s vision for the future.
- Exciting year-end recognition with nominations for two awards at the Property Investor Awards in London:
- Commercial Development of the Year (Over £1M)
- Commercial Developer of the Year
- Jerry shares plans to attend the awards ceremony and invites listeners to say hello if they’ll be there too.
Final Reflections:
Jerry wraps up the episode with a reminder to reflect on successes and acknowledge progress, even when challenges seem to dominate. He encourages listeners to pause, take stock of their wins, and give themselves credit for their achievements—big or small.
Key Takeaways:
- Success often comes through persistence, even when the journey is challenging.
- Growth is not just about acquisitions—internal improvements, system optimization, and community development matter too.
- Celebrate the wins, no matter how small, as they shape the foundation for future successes.
Next Steps:
If you're interested in partnering with us or learning more about upcoming projects, reach out. Also, stay tuned for updates on branding and future opportunities.
Connect with Jerry:
Upcoming Events:
- Property Investor Awards, London – This weekend! Come say hi if you’re attending.
Until next time:
Keep swimming, keep growing, and remember to celebrate your wins!