COERT COETZEE
our unique laws and regulations . I spent months working with the top legal and trust experts in the country to develop our first ‘ Double Trust Structure ’ which is a crucial part of the Famous Wealth Mastery System . Many people have asked me what makes our trusts unique , and it is all to do with the wording we use and the clauses that we have developed over the years .
5 . How do you stay updated on industry trends and ensure your business remains innovative and adaptable ? I am fortunate to be surrounded by very clever people who are all experts in their fields . They are constantly reviewing changes in the property industry , laws and regulations and adapting our model .
6 . What is your leadership philosophy , and how do you foster a positive and productive work environment within your organisation ? It is very simple . Find people who can do things better than yourself and then allow them to do it !
7 . Have you faced any significant setbacks and challenges in your career ? How did you overcome them , and what did you take away ? Yes , in 1994 , in my middle thirties , at the height of my Profcover success I suffered a heart attack . Thereafter my life changed completely . Up to that point I always thought I was the best , but because of my health I was forced to rely more on my managers . That was when I discovered that , with the right guidance , some other people can do some things better than me .
At first , I was forced to use other people skills , but very soon I was preferring other people ’ s skills . I learned that by using Other People ’ s Skills ( OPS ), Other People ’ s Time you can just achieve so much more . In 1996 I also learned the power of using the bank ’ s money , Other People ’ s Money ( OPM ). Now , by using OPS , OPT and OPM to the maximum , I can afford to ‘ travel the world and smell the roses ’ while back home my businesses are just growing bigger and bigger !
8 . How do you approach risk-taking and decision-making within your business ? Can you share an example where a calculated risk paid off ?
SA Real Estate Investor Magazine AUG / SEPT 2023 22