Financial Services and Property
Audience: Financial Services, Real Estate, Investment, etc.
Don’t overstretch yourself, don’t gamble, only speculate when you can afford to lose.
Mo Chaudry’s background in finance gave him the foundation to go into property. Twenty years after starting his own financial services business he’s one of biggest property players in North Staffordshire and among the Midlands’ top 10 Asian business people.
He believes in:
Above all, he believes in himself and he’s prepared to take his own risks.
So where do advisers come into the picture and what influence do they have? How does he know how much risk he can afford to take? And how does Mo’s financial background inform his property work?
Mo’s reliance on his financial background and negotiating skills, his business reputation for credibility and integrity are the foundation of many successful property deals. Among the most enterprising was his purchase of a water theme park in 1999.
In 1999 Mo Chaudry used his financial services business to finance his purchase of the loss making Waterworld theme park from Rank Leisure.
Within 1 year he had turned it into a profit making business. In 3 years the loans had been repaid. Now he has plans to develop Water World further and put it on the national map by developing an Urban Leisure resort.