Real Estate Investor Magazine South Africa November 2013 | Page 26
MY STORY
BY ANGIE REDMOND
Education Is Priceless
It paves the way for your future, just ask Themba
THEMBA’S TOP 9 INVESTMENT
TIPS FOR YOU
1 Have no fear and know that fear stands
for: false evidence appearing real.
2
T
hemba Ntanzi is a professional electrical
e n g i n e e r, r e g i s t e r e d w i t h t h e
Engineering Council of South Africa.
Themba’s life motto from the great poet and
writer, Kalidasa, is as positive as his property
investment mindset: “Yesterday is but a dream
and tomorrow is only a vision, but today
well-lived makes every yesterday a dream of
happiness, and every tomorrow a vision of
hope”. He is an avid property investor and a
true tale of how education can really change
your life.
Themba grew up in a village called KwaDlangezwa; he stayed with his grandparents
who had stopped working as early as 1975.
Themba’s grandfather was a shoemaker and his
grandmother was a tailor who also rented out
her backrooms to university students and school
teachers. “My investment and property journey
started at an early age but my grandparents
did this at a smaller scale,” recalls Themba.
When Themba got to university the first book
he bought was the Fortune Strategy which was
advertised in the Sunday Times, he also joined
the Sunday Times Money Club to learn from
guys like David Shapiro and David Bullard.
Themba says, “The book that changed my life
and the way I saw things at the time was the
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November 2013 SA Real Estate Investor
book titled Money Success and You by John Kehoe.
This book had a challenge that read ‘If money
was not an issue what would you like to have”
I wrote ten things that I would have liked to
have at the time. A year later the Sunday Times
ran a competition called “dream a new life”.
Every prize that was listed in the newspaper
matched what I had written in my notebook.”
After several weeks of participation, Themba
did indeed win the competition and those
winnings were the springboard for his first
foray into property investment. “I used my
winnings to buy my first two properties cash. I
was doing my third year and going to my final
year when I won this competition. I had my first
two properties while I was still at varsity. These
are properties that helped me learn the property
business,” says Themba.
Themba began his professional career in
Johannesburg, and while there he saw an ad for a
P3 Investment Group presentation for the public
to educate them on property investment. “I
attended the presentation and I joined the club
immediately. From 2005 I have been a coachable
and growing student of property. In 2009 I felt
that I had enough that I could also share my
knowledge with others. P3 gave me a chance
to become the club’s part time representative. I
Stay around people who are achieving
the results you also want
3
Have a clear plan of action of what you
want to do
4
Avoid analysis paralysis. Most people tend
to plan forever without action.
5
Don’t give up! One day I went to the bank
5 times and my request was declined 4
times but on the 5th time it was approved
on the same day.
6
Don’t play low. Once your foundations
are set, take on bigger deals and never
stop reading really good books and
attending wealth creation workshops.
7
Invest or save 10% of your gross income
and also tithe in your local church. If you
don’t believe in tithing you can give to
charity. You will be amazed how your
financial situations change.
8
Have faith and you don’t need much - but
just a mustard seed size of faith to move or
take on bigger deals.
9
Understand the tax system or have your
own tax advisor. Understanding the
basics in tax makes a huge difference in
how you structure your investments.
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