Corey Goldby bought his first property at 19, went on to build a business with 35 staff and recently negotiated its sale. Yet when Tash asks whether he feels successful, his answer is no. In fact, one of the biggest feelings of achievement he's experienced came from something much simpler: paying off his personal debt.
So how do you know you've made it when there's always another goal to chase?
In this episode, Tash sits down with Corey J Goldby from Source Financial, now joining Fouracre Financial and the InvestorKit Group. They unpack his journey from high school dropout to property investor and business owner, including the money mistakes, unexpected opportunities and changing priorities along the way. It's a conversation about building wealth, learning from failure and figuring out what success actually means once you've achieved some of the things you set out to do.
In this episode we'll discuss:
🏠 How Corey bought his first property at just 19, then ended up with credit card debt, personal loans and a damaged credit file despite working in banking.
💳 Why paying off his personal debt gave Corey a greater sense of achievement than some of the financial and business milestones that followed.
🧵 How our upbringing can shape our relationship with money, including why Corey's wife still feels guilty about spending $500 on a sewing machine.
🏘️ Why Corey reduced his property portfolio from around 14 properties to just three, and how his priorities have shifted towards upsizing his family home.
⚖️ What Corey means by making investment decisions "slow but fast", and why having an exit strategy matters just as much as knowing when to buy.
📈 How Corey's business grew from around 10 staff to 35 in just 18 months, and the challenges of juggling rapid growth, family life and being constantly available.
🤝 How the sale and merger of Source Financial came together, including the combination of cash, shares and Corey's new role within the larger business.
👨👩👦 How Corey is teaching his children about earning money through chores, and why his son wasn't particularly impressed by the idea of a 50% tax on his pocket money.
📱 Why becoming successful doesn't necessarily change your old friendships, even when the people closest to you don't seem particularly interested in what you're building.
🍻 What Corey might actually want to do when he's finished with finance, and why owning an old-fashioned local pub sounds more appealing than another decade of grinding away.
The big takeaway?
Financial success doesn't necessarily feel the way you imagine it will. Corey's story shows that building wealth and feeling successful aren't always the same thing. Paying off debt, having more time for family or simply enjoying your life can feel more meaningful than another property, another business milestone or a bigger number on your balance sheet.
Disclaimer:
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
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