If You’re Serious About Building Wealth in Australia, Start Here!

You followed all the right advice. Go to

school, get good grades, go to uni, get a degree, then get a job, build a career, make as much money as possible, buy a house, and you know what? You'll

actually live the Australian dream. In

this video, I'm going to show you the truth behind actually building wealth in Australia. For someone who did go to

Australia. For someone who did go to uni, did go and follow the traditional path only to realize that it was all fake. It was all made up. And that's why

fake. It was all made up. And that's why you may be frustrated as well as so many others out here in Australia paying so much in taxes and finding they're not getting ahead. The death of the middle

getting ahead. The death of the middle class is upon us. I not only want to show you how you can get ahead, but also stay ahead. And yes, while I do cover

stay ahead. And yes, while I do cover off a lot in terms of real estate investing, in this video I focus more broadly on our mindset, what we need to be thinking, and how we can use assets to our advantage to get further ahead.

If you don't like paying taxes and you want to get ahead, this is the video for you. My name's Robbie Sharma and I've

you. My name's Robbie Sharma and I've built a portfolio of over $25 million by the age of 33. Not only that, but I run one of the most successful businesses.

In fact, AFR rated us as the 15th fastest growing company in all of Australia. We have over a 50 person team

Australia. We have over a 50 person team that I've been operating and we've grown that in the last 6 years. So, when it comes to building wealth in the traditional way and then going out there and expanding on that wealth by going

and creating assets, going and acquiring assets, I know a thing or two when it comes to this. So, I want to share with you everything right now. The biggest

lie you got taught, unfortunately, was that you go out there, get the highest income you can, and you'll retire wealthy. I know plenty of people that

wealthy. I know plenty of people that have made more than half a million dollars in a single year, and yet they walked away with more debt than they started with. And I'm not talking about

started with. And I'm not talking about productive debt. I'm talking about going

productive debt. I'm talking about going out there and having a lifestyle which creeps up as you go and make more money.

This happens to everyone. In fact, it happened to me last year. Now,

fortunately for me, I don't spend that much anyway. So, increasing it by 10%

much anyway. So, increasing it by 10% still meant it was such a small portion of how much I actually spent, but I know people right now that are making 100 bucks a week that are going to spend 120

bucks this week. Of course, no one's actually making 100 bucks, but you get the point I'm trying to make here. Now,

this by no means is some motivational video you're going to watch and say, "Oh my god, I need to go out there and do X, Y, and Zed." It's more of a harsh truth that you need to just come to terms with. The sooner you accept that these

with. The sooner you accept that these are the rules of the game, the sooner you can adapt and say, "Well, I can do something about this." Rather than falling into this category of people that we're really starting to see a lot

more of, which is it's everyone else's fault. It's the government's fault. It's

fault. It's the government's fault. It's

our prime minister or it's the investors or the evil people that go out and build businesses. No, get rid of that mindset.

businesses. No, get rid of that mindset.

What you want to do is say, "I want to win regardless of the market. If there's

a recession tomorrow, how do I go and adapt and make the most out of it? if AI

is actually going to take my job, what am I going to do about it? Because we've

seen this play out before where in the lockdowns, as soon as lockdowns kicked in, a lot of people went into this negative mindset and saying, "Ah, I can't do anything. Let me just go and binge watch shows." But it was the

perfect opportunity to now get all this time back to go and learn skills, go and upgrade your life, learn about things that you've never learned about before to get ahead. And we've seen it where people have absolutely exploded their

wealth, including myself, during the lockdowns, while others have gone the other way. people that were making so

other way. people that were making so much money in jobs that required them to be there, suddenly they weren't required anymore. And that's why we've seen such

anymore. And that's why we've seen such an influx of people moving out of the capital cities into regional areas, going out there and having the flexibility of this hybrid workspace means that, hey, I can actually get a lot more done and I'm happier as a

person. So, let's jump straight into it.

person. So, let's jump straight into it.

Income starts the game, but ownership wins it. A lot of people in this mindset

wins it. A lot of people in this mindset that I just need to get paid more. I

don't get paid enough. My wages haven't kept up with inflation. But have you ever thought if your skills have lived up to those expectations of inflation and everything else moving in the world?

The perfect example I can tell you is as soon as I entered uni, I knew that I needed some practical experience.

Otherwise, I'm going to walk out with like 10,000 other people that year who also had a marketing degree. So, what I did was went out and I did free internships when I worked at agencies, tried to figure out what I liked, what I didn't like, and I didn't like a lot of

things. But I remember sitting in the

things. But I remember sitting in the room with two other people that had come from Europe, had heavy accents, and they said, "Ravi, if there's one piece of advice that I can give you because I'm about to finish my internship and go back to Europe, it's to go and read this

book." And it was called SEO for

book." And it was called SEO for Dummies. And I looked at it and I said,

Dummies. And I looked at it and I said, "I don't know what that is." And to be honest, I don't really care. Now, that

was one of my biggest mistakes I've ever made because at that time, now give you context, we're in about 2011, 2012. So

really, SEO and Google Ads was not really a thing. and I had the opportunity right in front of me to go and learn it and absolutely for free. I

could go out implement it in the agency that I was working in. But instead, I said, "It's a too hard basket. Let me go and just increase my income by going and taking up a job that actually pays me instead of this free internship." What

we saw within the next 18 to 24 months is the people that were making the most were the ones who understood what SEO was, how to implement it for a business, and they made a killing. I remember

looking up jobs at the time and I said, "Holy people are paying 150k plus for a job like this." And this we're talking about is 13 or 14 years ago.

Absolutely wild. So, the key takeaway is yes, go in and try and improve your income as much as possible, but that should serve as oil in your machine that you ultimately have to retire on. You

will not retire on your income because it's active income. It requires you to be at your job. If you lose your job, you go straight to zero. But if I have the income that's coming through and I can take some of that, put it into productive assets, whether it's real

estate, whether it's going out and buying shares, or whether you're going out there and investing in businesses, you're going out there and building a machine, and that machine ultimately becomes your bank so that you can go and borrow from it. You can be

self-sufficient and live off your personal bank. Law two is that in

personal bank. Law two is that in Australia, leverage is the wealth accelerator. Don't think of leverage and

accelerator. Don't think of leverage and debt as a trap. If you get out of that mindset, you will unlock so much in your life. And not just with real estate. If

life. And not just with real estate. If

you go out there and you start a business, if the only way you can go and hire staff and build out this business by getting more products, yes, you've got to go out there, get the MVP, which is a minimal viable product, see if it works. If the market accepts it, you can

works. If the market accepts it, you can expand. But if you're saying, I don't

expand. But if you're saying, I don't want to take on any debt. You've

unfortunately capped how much you can do and it will take you a lot longer to realize what you can in terms of that game. You think about it right now.

game. You think about it right now.

Let's say you're going out there and saying, "I'm going to learn AI. I'm

going to learn it as a skill." You learn everything about it. you go and say, "I can go and create an agency, but if I go and create an agency, I can't do everything myself. So, I need to go and

everything myself. So, I need to go and hire two or three people. I'm not going to make payroll because I don't have enough money there. Did I save enough?

Did I build out my machine?" No. It's

still early days. So, you really only have two options. One, you grind it out for the next 12 to 18 months and hope that nothing in the landscape changes so you have enough money to go and invest in people. Or two, you go out and take

in people. Or two, you go out and take productive debt to be able to go and do this. And this is something so important

this. And this is something so important when it comes to taking on debt. you

take out a business loan or you take out credit card debt, you're paying so much in terms of interest. But if you go out there and attach it to a home, so you go out and invest in a property, you're taking up some of the lowest interest

rates available to anybody. If you go out there and do that, you kept your machine growing, which is the actual asset being the real estate itself.

You're then using the equity to go into productive assets. You're using that

productive assets. You're using that equity to go and build a business that can become your active income. That

active income is going to grow because it's your own thing and you're actually super passionate about it. you wait 12 to 18 months because you think debt is bad and I don't want to use it. Well,

unfortunately, you might just miss the entire train, especially with how fast the market's moving. While I talk about leverage and taking on debt as something that's so common, a lot of people do uncommon things, which is they spend more than they need to to go and impress

people, they actually don't like. So,

here's something I need to emphasize. If

you take on debt, have emergency buffers, and just be sensible that this money is now borrowed. Which means as leverage works in your advantage if things go well, it also works to your disadvantage if you don't manage it

well. So if you know you can't manage

well. So if you know you can't manage that, you may as well not be managing money full stop. Law number three is cash flow keeps you in the game.

However, capital growth gets you out of the game. I've mentioned this as one of

the game. I've mentioned this as one of my key principles when growing out wealth in real estate. If you're

thinking that you can buy one property, get the cash flow, and then you can suddenly retire, well, that's going to take you a really long time, most likely 20 to 30 years, because that's how long it's going to take you to pay off that debt. However, if you focus on saying I

debt. However, if you focus on saying I need capital growth and the cash flow that I get from my job and as well as the property itself, I can maintain that loss for the first year, for the first 5

years or for the first 10 years. I can

now control the maximum amount of assets and the capital growth is what's going to get me out of the game. So, if I was building out a portfolio right now from scratch, I would focus on the capital growth, but I want it to be balanced

with the cash flow. Cuz if I hold one property and it's costing me $30,000 a year, well, guess what? I'm probably not going to be able to hold it for much longer. But if it's only costing me

longer. But if it's only costing me about 10 to 15,000, I could probably hold one or two of those, especially when times get a little bit tougher. And

this will definitely depend on how much disposable income you actually have. So,

think of the cash flow as allowing you to hold on to the asset for as long as possible, but the heavy lifting is done by the equity and the capital growth you get from the actual asset. Law number

four, wealth in Australia is built over time with compounding interest. Yes,

this is not just common for Australia, but I'm using it for the context of Australians. What you need to focus on

Australians. What you need to focus on is not, hey, how do I get 10, 15, 20 properties? How do I have multiple

properties? How do I have multiple businesses that I can run? Just focus on the one. If you have a really good

the one. If you have a really good business, focus on that one. And what

will happen is over time, you do that well, you've got a scope of focus, it's going to compound, and that's when you're going to get the gains. What can

often happen is you see the growth that you have in the first two years and say, "This is not worth it. Let me jump to the next thing." you start from scratch again and you do the first 12 to 24 months again and you say, "Oh, it's not working." You jump to the next thing.

working." You jump to the next thing.

But if you just spent the four years on that first business or the first idea, chances are you're probably successful after the fourth year cuz you kept going out there grinding. Now, of course, if the market tells you you're you're

You can't do much about that. And

then you should be adapting. But the

same thing happens for property. You can

buy one property or you can buy five properties. But what happens is over

properties. But what happens is over time, you realize that capital growth is what compounds over time. When I

purchased my first investment property in Australia, I was 21. And I did that and for the first 2 years, I was like, "What's the point of this? How am I actually meant to retire? I see all of these people buying multi-million dollar

mansions. I'm here with a property

mansions. I'm here with a property that's worth 250K. I'm never going to get to the point of those guys." What

you realize is over time, one of those properties becomes two, becomes three, becomes four. And you've just got to

becomes four. And you've just got to stay in the game for as long as possible. Now, while I've been investing

possible. Now, while I've been investing for 12 years, to some it may sound like an absolute age, but to me it sounds like I'm so early in that journey. In

fact, when you're looking at your career, you're investing for the next 40 years. The skills, the jobs that you

years. The skills, the jobs that you take up, you're going, I need to do this so that I can do it for the next 40 years and then retire hopefully by the time I'm 65. So, if the same principle applies to when I'm investing, I've only

invested for 12 years of the next 40, which means I'm still very early in the game, but I can already see how time in the market really helps do the heavy lifting. Now, if you have enjoyed this

lifting. Now, if you have enjoyed this video so far and you enjoy more videos like this that are really going to excel your wealth, then definitely go ahead and smash that subscribe button. I want

to really get to 150,000 subscribers in 2026. And I need your help to do it. Not

2026. And I need your help to do it. Not

because I care about the metrics, but I care about more people listening to my voice because I honestly believe that is my why to help as many of you guys get ahead so you don't live a mediocre life.

And if you can build that with assets in the background, you can actually focus on things you love. Law number five is you need to understand structures. In

Australia, we get taxed on almost everything. And that's why you need an

everything. And that's why you need an accountant on your side to go and get the right structures before you start investing. The amount of people I've

investing. The amount of people I've heard that have gone and started a business only to then find out that they're a soul trader versus a company absolutely blows my mind. They don't

even know what the difference is. And

this is something you can't afford to make the mistake of in Australia because you get taxed so much anyway. The same

thing applies for when you're going out investing in shares. If you're investing in your personal name, are you investing in a trust or you investing in a bucket company? Like you need to know why

company? Like you need to know why you're investing in those things and how does it make a difference to you. If

you're not having these conversations with your accountant, you need to be having them yesterday. And while you can say, "I'm doing my tax returns myself.

It's completely fine." That was one of the worst things I was doing when I was early in my journey. I just said, "Well, I'm not at that point where I need the advice." And to save a couple of hundred

advice." And to save a couple of hundred bucks because I didn't want the advice that I needed moving forward. I kept in this mindset that I always kept me constraint just thinking, well, I'm just trying to save a couple hundred bucks

just to get my tax return done. If I had just gone out there, employed an accountant, an expert in that field, I'd probably save a lot more anyway because they get me to understand more accounting rules and the fees and the structures that could have helped me

save so much over the long term. In

Australia, two people could buy the same asset, have the same performance, but if they're under different structures, they'll have definitely different outcomes. That's why you need to be

outcomes. That's why you need to be prepared well in advance before you go out there and invest. Law six, and this one is important right now. The biggest

wealth killer is not the market. So it's

not external. It's actually your behavior. You're going out there in a

behavior. You're going out there in a time of such confusion, uncertainty, and doubt. You're saying whatever the

doubt. You're saying whatever the internet is saying must be the truth. I

go out there, look at a headline, and I say, "Oh, the market's going to crash."

I go on TikTok, someone says the market's crashing. That's exactly what's

market's crashing. That's exactly what's going to happen. And so what ends up happening is you never enter the market when times are tough. Usually when times are tough are the best opportunities ever. Now, am I saying this is the best

ever. Now, am I saying this is the best opportunity ever? No. Best opportunity

opportunity ever? No. Best opportunity

would have been in Feb 2020 when I started the YouTube channel, but there was probably about five of you guys watching me at the time. Now

significantly more. So the opportunity is a lot less. But we're entering times that could be quite volatile over the next 10 years. That's where you need to get your head right. You need to go out there audit things that you're listening

to. Why are you listening to them? And

to. Why are you listening to them? And

even if it's including people as well.

If you got people around you that are always negative or always positive, you need to get rid of those people. You

need the reality of what actually needs to happen. And it starts from within.

to happen. And it starts from within.

Think about one of the worst pieces of advice you ever get as an Australian here. You grow up, you say, "Oh, well,

here. You grow up, you say, "Oh, well, you should go to uni and get a good job or you rack up all this hex debt and then you go and try and apply for a job and you're like, "Oh, I don't have any experience. Why didn't anyone tell me I

experience. Why didn't anyone tell me I need experience while I'm at uni?"

Because then I look like everyone else.

And finally, build a machine with systems, not a portfolio. You can simply go out there and say, "I've built a portfolio. I've got this asset portfolio

portfolio. I've got this asset portfolio that's generating me x amount cuz I get dividends or I've got one investment property. I've got my own house and it

property. I've got my own house and it looks okay on paper. You need a strategy. You need a system and you need

strategy. You need a system and you need a machine. Because if you think like

a machine. Because if you think like it's a machine, you think like the oil going into that machine is going to give you what you need over the long term, you're going to go and treat it with the respect it actually needs. While I'm a

big advocate for going and outsourcing the advice and the expert skills, this is something that really needs to come from within. If you don't enjoy it, then

from within. If you don't enjoy it, then yes, you definitely need help. But I

would go on to say that even if you do enjoy it, you need to be tapping into the people that are speaking to others.

I know even today there is so much I don't know. That's why I have to pay for

don't know. That's why I have to pay for that advice. And the more information I

that advice. And the more information I have, the better my results can actually be. In fact, I've been investing in real

be. In fact, I've been investing in real estate for 12 years, but I've learned more in the last 6 months than I did in probably the last 5 years. Why? Cuz I've

really shifted the way I'm looking at my own personal investing, what I really want in the long term, and who are the right people in my a team. So, while it can be really frustrating living in Australia, paying high taxes, wealth is

a system. If you do not understand the

a system. If you do not understand the rules of the game, you will simply not be wealthy. You'll simply not have

be wealthy. You'll simply not have enough money, and you'll always be in the camp of people that are frustrated, negative, and always complaining that the system's against them. The system

can work for you if you understand the system, and then you're active in the market. If you're serious about building

market. If you're serious about building wealth and at least part of your machine being in real estate, and you don't know how to invest in it, definitely reach out to us. I've got a link in the description box below for a free assessment call. It's going to be the

assessment call. It's going to be the first step in many steps of building out your strategy longterm of how you can build wealth and scale up a portfolio in real estate that could become the foundation for your retirement long

term. If you have enjoyed this video, a

term. If you have enjoyed this video, a big thank you will be you simply sharing this video and also smashing that subscribe button because it will give me more energy to make more videos like this. I hope you guys have enjoyed this

this. I hope you guys have enjoyed this one. I'll catch you on the next one.

one. I'll catch you on the next one.

Thanks guys.