A lettings agent has expressed his amazement after an emotional LinkedIn post about paying himself a salary for the first time in September went viral.
Gulshan Mangat only completed on the purchase of Northwood Cambridge in July, but by September was able to pay himself a wage for the first time in two years.
He posted an image on LinkedIn of himself crying on the phone to his wife, stating: “Why am I crying? Because after nearly a year of work, sleepless nights, stress, tension and worry…I reached a milestone.
“I paid myself a salary! Until today I have not taken anything out of my business….
“For months all I have done is give….Money. Time. Energy. Blood, sweat and (quite literally!) tears.
“Today my business gave back and I was overwhelmed…As men there is a stigma that we shouldn’t express our emotions…Nothing could be further from the truth.”
Gulshan had previously worked in a number of full-time roles including as an auditor and said the stress of leaving a paid job and searching for the right franchise opportunity had caused him many sleepless nights and financial worries.
He said: “Prior to buying Northwood Cambridge I had a job as an auditor, but my wife Kam and I also bought and sold investment properties, so we both had a keen interest in this industry.
“For this reason, I left my job two years ago to pursue a dream of working in property full-time.
“I looked at many different businesses before the Northwood Cambridge resale came to my attention about a year ago.”
He said realising he could pay himself a wage for the first time in September felt like a landmark moment.
He added: “We had used up all of our savings, and been working tirelessly, and the realisation that all our hard work was beginning to pay off was such a relief that I started to cry, although they were definitely happy tears.
“I rang my wife to tell her the good news and decided to share a photograph of myself with tears in my eyes via LinkedIn. I wrote about how I was feeling and shared lots of hashtags about men’s mental health and wellbeing.”
You can read the full post here.
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Well done Gulshan.
Many believe that Letting Agents are guilded.....!
Owners, Principles, MD's often are often the last to be remunerated after staff, rents, compliance, insurances, franchise commission/fees, etc.
With SHELTER, Khan and others constantly eroding our few streams of legitimate and appropriate income, any monthly reward is a small victory!
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