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How to Lose £1 Million by Ignoring Your Instinct & Trusting the Wrong JV Partner
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In this episode of our podcast, we follow up with Sally about what happened after we shot the Property Mentors episode.
Sally had vision, drive, and a building she loved. But she gave away control, took advice she shouldn’t have trusted, and paid the price—losing a landmark she fought years to restore. Her story isn’t rare. It’s a brutal lesson in due diligence, power teams, and listening to your gut.
Here’s what Sally learned:
🔹 Enthusiasm isn’t enough—passion needs protection
🔹 JV partners need real skin in the game—not just sweet talk
🔹 PGs are worthless if the signer has no assets to back it
🔹 Never give away directorship without safeguards
🔹 Don’t outsource instinct—experts get it wrong too
🔹 If you wouldn’t lend them money, why let them control yours?
Got a project that means everything to you? Keep control. Build your team—but own your vision. Don’t let a slick talker steal your life’s work.
🔗 Book a consultation here: https://bit.ly/3My3Ii9
🆓 Apply for a free 30-minute mentoring session: https://www.propertymentors.tv/mentorship
💰 Need finance for your next project? Book a free call: https://www.propertymentors.tv/get-finance
📖 Buy the Property Mentors book here: https://amzn.to/4fKuIHw
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