Goro Gupta, an entrepreneur passionate about helping the everyday person, has recently joined EO Melbourne. Being a business leader, his goal is to be the catalyst for change for freedom in thousands of lives.
As the head mentor of 10 Properties in 10 Years, he has achieved the results that most of their clients sought through his knowledge of strategising with them in the current market situation.
And through dedication and hard work, he and his team recently received two awards at the ndipreneur, an NDIS Networking Event For Providers.
Q: Can you give a brief background about you, your family and your business?
My journey to owning more than 35 properties around the world has not been quick or easy. After moving to Australia in 1990, my family struggled financially to get established in their new home, and as a child, affording the bare basics was almost impossible. My dad started going to property investment seminars and events when I was 16 and took me along. I realised I could make money out of the property. When I turned 18, my father gave me a choice – a car or a deposit on a property. From that point onwards, my father and I continued to put all the money we could into the property.
Today, I run four successful businesses, including a property mentoring service 10 Properties in 10 Years. I’m also the co-director of disability housing innovator, Empowered Liveability, one of the top 10 privately owned disability housing providers in the country under the NDIS, and the only one of its type publicly endorsed by the federal Minister for Homelessness, Social and Community Housing and Assistant Treasurer, Michael Sukkar MP. Noticing the rise of Australians facing homelessness, I launched Ethical Property Investments in 2020 as a commercial solution for a social problem. I identify properties with strong yields primarily around Melbourne and Brisbane, but I also look around the entire country, with a particular focus on positive cash flow properties.
Of course, what I'm most proud of is my wife and my little cheeky 2-year-old kiddo.
Q: What inspired you to be an entrepreneur?
It was my father, who purchased a company when I was 16 and encouraged me to start a new division of this company. And now — 6 companies later under the age of 40 — the rest, as they say, is history.
Q: What do you enjoy most about being an entrepreneur?
The ability to create a massive change in the world through causes that would otherwise require a large donation to charity.
Q: What are the biggest challenges you have faced as an entrepreneur?
Your peer group – your old peer group made up of people who have jobs can never understand that when you create a company, it's akin to having a baby, and anyone saying negative about it is insulting your ‘parentage’ of it.
Q: Why did you decide to join EO?
I needed a new peer group – one made of successful entrepreneurs – to share the good things and not-so-good things, all while having once-in-a-lifetime events.
Q: Can you share a golden nugget that you learned from your experience or from another entrepreneur or mentor in the past?
One of my business mentors showed me that creating multiple companies that are adjacent to yours allows you to spread out your risk and diversify income dramatically, this is why I have multiple companies under one umbrella of creating commercial solutions to social housing problems.