The Wealth Dragon Way. Lee John

The Wealth Dragon Way - Lee John


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      John Lee, Vincent Wong

      The Wealth Dragon Way

The Wealth Dragon WayTHE WHY, THE WHEN AND THE HOWTO BECOME INFINITELY WEALTHYJohn LeeVincent Wong

      Cover design: Wiley

      Copyright © 2015 by John Wiley & Sons Singapore Pte. Ltd.

      Published by John Wiley & Sons Singapore Pte. Ltd.

      1 Fusionopolis Walk, #07-01, Solaris South Tower, Singapore 138628

      All rights reserved.

      No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as expressly permitted by law, without either the prior written permission of the Publisher, or authorization through payment of the appropriate photocopy fee to the Copyright Clearance Center. Requests for permission should be addressed to the Publisher, John Wiley & Sons Singapore Pte. Ltd., 1 Fusionopolis Walk, #07-01, Solaris South Tower, Singapore 138628, tel: 65-6643-8000, fax: 65-6643-8008, e-mail: [email protected].

      Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor the author shall be liable for any damages arising herefrom.

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      ISBN 978-1-119-07783-1 (Paperback)

      ISBN 978-1-119-07785-5 (ePDF)

      ISBN 978-1-119-07784-8 (ePub)

      ISBN 978-1-119-07786-2 (oBook)

For Annika and Jennifer

      Preface

      We're going to discuss why to become wealthy extensively in this book, so we'd like to start by asking you this question: Why did you pick up this book? We're guessing it's because you'd like to have more money in your life. We can definitely show you how to achieve this, but why do you want more money in your life? We're assuming it's so you don't have to worry about whether you'll always be able to afford to pay the bills. Why do you want to be free of money worries? Presumably so that you're able to spend more time and energy on the things and people you value. So, when do you want to start living like this? That's a question only you can answer.

      We started Wealth Dragons in 2009, hoping we could educate people about wealth creation and help them realize their full potential. Our specific expertise lies in different areas of the property business, but over the years we have explored other avenues of passive income generation and asset building as we have continued along the path of our own education. We pass on anything and everything new that we learn, that we believe will enrich the lives of others, in our seminars and educational programmes. We, like you, are constantly learning and growing. Since we started the company we have given countless seminars and have taught wealth creation programmes that are constantly evolving, all over the world.

      One of our key ambitions has always been to reach as wide an audience as possible, and this is what inspired us to write a book. Our aim in this book is to give you, the reader, an overview of our philosophies about wealth creation, share with you our own personal stories, and inspire you to further your own wealth education.

      Over the years we've received a great deal of positive feedback from our clients students and business associates. We hope this book will also remind them of why they chose us and why they stuck with us.

      While we have written the book together, with a joint voice for the most part, we obviously have our individual stories and thoughts to share. This will be clearly indicated in the text.

      If this is your first introduction to Wealth Dragons, we hope it inspires you and gives you plenty to think about. Of course, it goes without saying that we would love to hear from you, and we invite you to come and meet us at a seminar sometime in the future. You'll find all the relevant contact details at the back of the book.

      We can't wait to meet you when you're ready to become a wealth dragon!

      Acknowledgments

      We are indebted to so many people who have helped make and shape this book. First, we are very grateful to the John Wiley & Sons team, including Kimberly Monroe-Hill, Jeremy Chia, Gladys Ganaden, and especially Nick Wallwork and Nazneen Halim, who championed the book from the start. To our families and friends, we extend our deepest gratitude for all their ongoing love and support. We wouldn't be where we are today without the hard work and support of our entire Wealth Dragons team, including our administration and sales teams, and our speakers, who all help make our business so successful and the daily grind so enjoyable. They are all a part of this journey, as they are the ones who really start the process of changing people's lives. We would also like to thank Miranda Leslau for all her expertise. But the people to whom we owe the greatest debt are those who have inspired so much of the material in this book.. our students. They help us learn while we teach. This book is a testament to them. Many of them started out believing they didn't have choices in life. To anyone who has been told they can't achieve something, we have written this book to tell you that you can.

      About the Authors

      John Lee is the CEO and co-founder of Wealth Dragons. John started investing in property in his early twenties. By the time he was 27, John had achieved his goal of becoming a self-made millionaire. His experiences inspired him to share his knowledge with others and he was soon teaching seminars in property investment throughout the United Kingdom. He subsequently gained an international reputation as a motivational speaker and has shared stages with former US President Bill Clinton, Alan Sugar, Richard Branson, Jack Welch (ex-CEO of GE) and Randa Zuckerberg (co-founder of Facebook). John also trains people to become world-class public speakers. He has helped several of his students build highly successful businesses and achieve international acclaim. John's success came despite a humble start in life. He was born to Chinese parents who ran a takeaway restaurant in the north of England. All of John's achievements came as the result of endless hard work and unwavering tenacity. John is dedicated to showing others how they have the opportunity to do the same and is continually inspired by watching his students achieve the kind of success they thought they could only ever dream of.

* * *

      Vincent Wong is the COO and co-founder of Wealth Dragons. Vince is one of the most dynamic and well-respected property entrepreneurs in the United Kingdom and internationally. As well as building his own multimillion-pound property portfolio, Vince has helped countless people source and structure property deals through his property companies. At the height of the financial crisis, Vince pioneered groundbreaking financing strategies and was successful in getting lease options legalized for residential property sales in the United Kingdom, Malaysia and the Netherlands (and is currently working with regulators on campaigns in Poland and Singapore). Vince personally mentors a number of property investors and business owners. He is an internationally recognized public speaker and expert in the property industry and he is regularly invited to speak to audiences of more than 1,000 at the prestigious Property Outlook Conference in Kuala Lumpur, Malaysia (the biggest property conference in Asia). Vince is a graduate of the


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