
Dr Richard Nel
Dr. Richard Nel and Wealth Report Magazine
Dr. Richard Nel Knows Much about Ferraris
A proud member of the Southern Equitorial Ferrari Automobile Club for nearly a decade, Dr. Richard Nel is well familiar with the Italian luxury sports car manufacturer. As a universal symbol of speed and luxury, the first street-legal Ferrari was released in 1947, although the racing models have been continuous winners of races such as Formula One.
Website: http://drrichardnelsa.wordpress.com/
Dr. Richard Nel: Evaluating Businesses for Investing
Dr. Richard Nel is a successful business and banking investor, an avid polo fan and player, and a Ferrari enthusiast who is currently a member of one of the oldest Ferrari clubs in the world. He is currently serving as the Chairman for his own investment company called, Gate Investment Group, LTD. The first word of the company’s name is an acronym for his life motto, which is greatness achieved through excellence. The company is a specialist risk business partner finance company for formal small and medium enterprises in South Africa, and selected African countries. The company actively supports entrepreneurial growth by providing financing, specialist sectoral knowledge, and added value services for viable small and medium sized businesses. In this way, the company has two primary goals, to stimulate growth in the economy, and provide large returns for investors. In addition to serving as Chairman for Gate Investment Group, LTD, Richard Nel also served as the Chief Executive Officer for Gate Business Partners from 1990 to 1997. Gate Investment Group has a number of subsidiaries including Gate MoneyWeb, which operates out of Johannesburg, South Africa. Gate MoneyWeb was launched in 2006 and is registered financial services provider.
Dr. Richard Nel offers small to medium sized business financial solutions so that they may create a successful entrepreneurial venture. Through his investment group, Gate Investment Group, LTD, Dr. Richard Nel promotes entrepreneurial growth in an economy that desperately needs to generate capitalistic gain. However, there are strict guidelines in order for a company to be considered by the investment group including sound business principles, integrity, drive, vision, and experience. The business evaluation includes matters such as the product provided, market acceptability, market size, and the business’s ability to exist and grow. Gate Investment Group considers financing applications of up to 25 million in all sectors.
How Polo Influenced Dr. Richard Nel
As someone who has embraced competition his whole life, Dr. Richard Nel had been raised on a horse ranch in the Free State province, where he started to develop his talent for horse riding at the age of five. When he had turned eight years old, his grandfather first taught him the basics of the sport of polo; a life-altering event for young Richard.
From then on, he was deeply attached to the exciting sport. He loved the thrill of riding on the horse mixed in with the element of person-to-person competition that required particular amounts of speed and accuracy. He grew to become quite the skilled player, and displayed his prowess in competitive leagues throughout most of his adolescence.
When his parents hit financial hardships, Richard came to appreciate the expenses involved with his favorite sport. He had to give up his league memberships, his equipment and even his horse. At that point, getting back involved with polo seemed like a distant dream for the once-star player. That was, until the day he moved out, and became a success in all of his own.
Driven by the desire to one day get back on the horse and on the field, Richard Nel moved to Johannesburg, got his MBA as well as his doctoral degree, and then went on to open Gate Investment Group. His incredible success boosted Dr. Richard Nel’s life back to the posh standards of living he had become accustomed to as a young boy. And that is how polo inspired Dr. Richard Nel to become a business success.
Dr. Richard Nel’s Favorite Ferraris
A long time luxury sports car enthusiast, Dr.Richard Nel joined the Southern Equitorial Ferrari Automobile Club back in 2006. The group SEFAC was started by Pierre Kelfkins back in 1967 as a means of recording all Ferraris that arrived on South African ports. SEFAC members exemplify a particular interest in the Ferrari brand, as it, in their eyes, is the absolute best in looks and performance of any luxury sports car. Below, Richard Nel shares some knowledge about some of his favorite Ferraris.
250 GTO
Probably the most exemplary of all Ferraris is the 250 GTO. The Gran Turismo Omologato boasts a 12-cylinder 3.0liter engine. It’s incredible speed and performance has helped push many competitive drivers into the rank of legendary. When it comes to racing, the 250 GTO is a milestone.
F430 Scuderia
The best-selling Ferrari of all time, the F430 Scuderia has the sleek exterior look with smooth curves that gives it a less-intimidating look for the average driver, while its 4.3 liter, 8 cylinder engine gives it the performance needed to leave fellow racers in the dust.
458 Italia
The model that eventually replaced the F430, the 458 Italia is one of Ferrari’s most sophisticated creations to date. The car boasts a 7-speed double-clutch transmission conducted by paddle shifters. This vehicle is a great racing toy, while also having the appeal of a luxurious ride.
F60 Enzo
When millennials think of Ferraris, an image of the F60 Enzo is often imprinted into their minds. With its sharp and futuristic design, the F60 Enzo blew away the supercar industry with incredible good looks and undeniable drivability.
Dr. Richard Nel: An Independent
When it comes to success, Dr. Richard Nel recognizes the drive, skill, ambition and persistence needed to make it on your own. He had to develop these skills at a young age, when his parents suffered from financial hardship and lost everything. Months prior to that, young Richard Nel was an amateur polo champion and at the time had no idea how expensive his hobby of choice truly was. But after losing his horse and league membership, Richard felt the impact of when a family suffers from financial crisis.
When he added it all up, there was no way that Richard could continue his favorite sport while avoiding any outrageous expenses. He couldn’t practice polo in a public park for free, nor could he even get on a horse without having to pay someone. This deprivation of polo was turned into an opportunity for young Dr Richard Nel to find out what he was truly made of.
When he turned 18, Richard Nel headed to Pretoria, South Africa on his own, in search of a way to pursue the lifestyle that he missed so much. He opened up a successful property company that eventually fueled his ability to get back on a horse. And while he was excited to be playing polo again, Richard Nel discovered something new about himself: he was now more interested in pushing his business abilities to pursue the luxurious lifestyle that often accompanies polo players.
What resulted was Gate Financial Group, a trust and securities firm that has driven Dr. Richard Nel’s wealth and prosperity to levels unforeseen. And now instead of riding a horse every weekend, Dr. Richard Nel cruises around in a Ferrari.
Dr. Richard Nel on Personal Success
An affluent and determined businessman who is not ashamed to sell the life of luxury, Dr. Richard Nel is a body of success that embraces the posh life as a means of encouraging others to be triumphant in their own capacities. As the founder of Gate Investment Group and Wealth Report Magazine, Dr. Richard Nel shares advice on how others can effectively pursue their goals and attain that work and living situation that they had been dreaming for.
Dare to Dream
Without a dream, a goal seems pointless. There must be that factor of a reward to make people want to keep working. For many of us, it’s a nice sports car, house or boat. For others, it can be a romantic getaway or even the freedom to go completely off the map. Either way, keeping your eye on the prize will drive you to achieve the goals you set for yourself.
Work Smarter and Harder
The motto “Work smarter, not harder” fails to include one very important point: just because you have found an efficient way to complete a task doesn’t mean you should waste that extra free time you’ve earned through doing so. Apply that time to something else, perhaps making a different task operate more efficiently. The idea is to keep going until you hit your goal, not just until you make the job easier.
Dr. Richard Nel credits much of his success to his ability to keep his dreams alive, while maintaining the wits and work ethic to get there.
Gate Investment Group and Dr. Richard Nel: Invest in Africa
Coming out of a financial crisis that stilled the economy, many investors tend to steer away from Africa as a means of safety and stability. However volatility is low, says Dr. Richard Nel, and the JSE has been rising steadily since 2011. He believes this is a product of two factors: the rise of mobile banking technologies and increased commerce between African countries. Furthermore, Dr. Richard Nel adds that one feeds the other, which gives much promise to the continent as a whole.
With seven out of ten Africans now having access to mobile technologies, the opportunity for commerce enhancing activity has increased greatly. Once a continent that operated mostly off a cash-only approach, most of African civilization has the ability to manage their funds on a consistent and remote basis, which will create the ability to not only change ones spending habits tremendously, but also grant them access to goods and services from other countries on the continent in a convenient manner.
“This is an important element in this time of financial inclusion for African populations, and naturally, this is a significant improvement in the level of people’s financial awareness. I’m pleased this innovation started in Africa, because for a long time we had this perception that not much could come out of this continent,” says Dr. Richard Nel.
As founder of Gate Investment Group, Dr. Richard Nel believes that mobile banking technology will surely boost economies all across Africa. And in that, companies in the mobile banking business themselves will flourish.
Dr. Richard Nel and Gate Investment Group
Gate Investments Group is a special-risk finance company and business partner for small and medium enterprises in South Africa and other African countries. The company actively supports entrepreneurial growth by providing financing, specialist knowledge and added-value services for viable small and medium businesses.
Gate Investments Group composes unique and personalized finance solutions for each client. Deals are structured using shareholders’ loan accounts, revenue, equity, sharing and term loans or any combination of the aforementioned factors. Dr Richard Nel and Gate Investment Group have developed a range of financial models that offer entrepreneurs maximum amounts of flexibility with the personalized approach that helps to fit their specific needs.
The business evaluation that Gate Investment Group performs usually addresses matters such as the product or service itself, its market acceptability, the market size, the structure of the business and its ability to grow, the business’s history, its profit potential, its location and other technical aspects.
When evaluating the entrepreneur, Gate Investment Group look at certain aspects such as the individual’s experience and business principles, as well as their levels of integrity, drive, and vision. Gate Investment Group considers all financing applications up to R25 million in all sectors of the economy, with the exception of: direct farming operations, on-lending activities, underground mining and non-profit organizations. They also provide services to small and medium businesses whose gross assets are under R100 million, annual turnover does not exceed R200 million, and/or employ less than 500 people. Gate Investment Group is able to handle a diverse group of clients while offering them superior financial services.
Dr. Richard Nel and his Love for Polo
A competitive personality his whole life, Dr. Richard Nel grew up on a horse farm in the Free State province of South Africa. He was a skilled horse rider who won his first competition at the early age of five. When he was eight, his grandfather, Thys Human, first introduced him to the sport of polo, which was a life changing event for Dr. Richard Nel.
From that day on, Dr. Richard Nel was hooked to the sport. The mixture of fierce competition, speed, skill, agility and horsemanship was right up Richard Nel’s alley. He adopted the sport as his main focus of adolescence, and was involved with teams and leagues throughout most of his upbringing.
And then one day, his parents were struck with financial hardships and lost most of their assets, including Richard’s horse. Distraught but not yet discouraged, young Richard started pondering ways to continue playing his favorite sport. Aware that polo was not a sport enjoyed in public parks or virtually anywhere that was free and open to the public, Dr. Richard Nel then pondered all the costs around the sport, and realized he needed to make money.
That was when Dr. Richard Nel put to test his long time vision of running a property business. The endeavor turned great success for him, and eventually supported his ability to get back on the horse with his trusted mallet. Today, Dr. Richard Nel continues to pursue his passion for the sport by attending high profile polo events.
How Polo Influenced Dr. Richard Nel
As someone who has embraced competition his whole life, Dr. Richard Nel had been raised on a horse ranch in the Free State province, where he started to develop his talent for horse riding at the age of five. When he had turned eight years old, his grandfather first taught him the basics of the sport of polo; a life-altering event for young Richard.
From then on, he was deeply attached to the exciting sport. He loved the thrill of riding on the horse mixed in with the element of person-to-person competition that required particular amounts of speed and accuracy. He grew to become quite the skilled player, and displayed his prowess in competitive leagues throughout most of his adolescence.
When his parents hit financial hardships, Richard Nel came to appreciate the expenses involved with his favorite sport. He had to give up his league memberships, his equipment and even his horse. At that point, getting back involved with polo seemed like a distant dream for the once-star player. That was, until the day he moved out, and became a success in all of his own.
Driven by the desire to one day get back on the horse and on the field, Richard Nel moved to Johannesburg, got his MBA as well as his doctoral degree, and then went on to open Gate Investment Group. His incredible success boosted Dr. Richard Nel’s life back to the posh standards of living he had become accustomed to as a young boy. And that is how polo inspired Dr. Richard Nel to become a business success.
Dr. Richard Nel - A Key Player for Africa’s Future
Dr. Richard Nel is the founder of Gate Investment Group, a special-risk investment firm that has shown great success among a continent that is full of economic potential. So much potential, Nel says, that a significant number of finance professionals have been contacted within past years from overseas investors who are trying to make initial public offerings to them so their company’s stocks can be sold to the general public. While the enticement of foreign investors may sound intriguing to many, Dr. Nel says to keep it local and utilize companies whose investment strategies are overseen by the Financial Services Board in order to ensure proper levels of security.
Gate Investment Group falls into the category of such protected investment groups, and has maintained a history of success among their many loyal clients. As a group who is heavily focused on the trends that drive Africa’s industries, they have noticed the technology of mobile banking as a tool that has enabled African countries to do more business than ever, and therefore give much promise to the once poverty-stricken continent.
These days, about seventy percent of Africans can access a mobile network. If any of those people haven’t started using mobile banking yet, they are sure to do so very soon, says Dr. Richard Nel. This accessibility will also alter the spending habits of many Africans, as they will become more and more aware of their day to day expenses. Once they are able to take more control of their finances, they will surely start to benefit from a promising future for Africa.
Dr. Richard Nel on Independence
Dr. Richard Nel is a successful investment banker and business owner who has led the development of many of his clients’ businesses as well as his own on his path towards achievement. As someone who had grown up in a posh lifestyle, Richard Nel enjoyed hobbies such as polo as an adolescent before his family’s financial future was swept away by unforeseen circumstances. His family had lost everything, including young Richard’s horse. They took on a much more humble lifestyle, where Richard saw through the rest of his younger years before moving out as an adult. He was determined to get back to the things that he loved, and knew he had to be independent in order to get there. While keeping the following things in mind, Dr. Richard Nel pushed his independent agenda until it got him to incredible success.
Faith in Oneself
The key to independence is to have faith in our own abilities, and be willing to put them to the test when necessary. Dr. Charles Hodge believed in himself when he moved out of his parents’ house, and it got him where he is today.
Freedom from Limitations
Seeing how far your potential can take you also fuels the possibility of going even beyond what you had imagined. Avoid imposing self-limitations and you will find your potential can be stretched an infinite amount of distance in an infinite amount of ways.
Ability to Ignore the Nay saying
A little stubbornness can be healthy; and can even get you further than others even imagined. Try to ignore any negativity about your goals and believe that one day you will prove those people wrong.
Dr. Richard Nel - Wealth Report Magazine
When it comes to wealth and success, Dr. Richard Nel has a story that is uniquely his own. While growing up in the Free State of South Africa, young Richard enjoyed an affluent upbringing that was decorated with polo outings, horseback rides and other things that many young Africans did not get to enjoy. He developed an appreciation for these very things, and that appreciation had only grown stronger when his parents lost everything, including Richard’s beloved horse. Financial ruin followed for the next few years; and in the meantime, Richard had devised a plan for how he was going to get back to the things he loved. By the time he became an adult and had moved out of his parents’ house, Richard Nel was already on his way to becoming the success story that he is today.
Dr. Richard Nel’s story of success, independence and the finer things in life is just one example of the inspirational stories shared in Wealth Report Magazine. As the publication’s founder, Nel focuses on the things that drive these success stories, material or not, and shares them with others who very well one day could use one of those drives as an alibi for their own success stories.
Dr. Richard Nel: An Ambitious Business Entrepreneur
Dr. Richard Nel is a dedicated, ambitious, and hard working investment banker currently serving as the Chairman for his specialist risk business partner finance company called, Gate Investment Group, LTD. He founded the company in 1997 and has been successfully investing in small to medium sized companies in South Africa and other selected African countries ever since. When he was at the young age of 18, he set out on his own in order to find success within Pretoria, South Africa. Before attending business courses at the University of the Commonwealth in 1998, he successfully created a property business that would help him finance his investment group called, Gate Investment Group, LTD. The group is named for his life long motto: greatness achieved through excellence. After founding the investment company in 1997, he began attending classes the following year at the prestigious institution called, the Commonwealth Open Univertity. He graduated in 2005 with a Master’s degree in business administration and a Doctorate degree in marketing. His education and degrees play a large role in his success investing in small to medium sized businesses with South Africa and other parts of the continent as well.
Dr. Richard Nel offers small to medium sized business financial solutions so that they may create a successful entrepreneurial venture. Through his investment group, Gate Investment Group, LTD, Dr. Richard Nel promotes entrepreneurial growth in an economy that desperately needs to generate capitalistic gain. However, there are strict guidelines in order for a company to be considered by the investment group including sound business principles, integrity, drive, vision, and experience. The business evaluation includes matters such as the product provided, market acceptability, market size, and the business’s ability to exist and grow. Gate Investment Group considers financing applications of up to 25 million in all sectors.
Dr. Richard Nel: Greatness Achieved Through Excellence
Dr. Richard Nel is a highly successful business entrepreneur who has achieved great things in the investment industry since he was 18 years of age. When he was still young, the investor struck out on his own to Pretoria, South Africa in search of wealth and success. He lived by the philosophy that he would achieve greatness only through excellence. In other words, he believed that through a life of hard work, ambition, and thriftiness, he would be successful in any endeavour he wished to undertake. For instance, he created an enormously successful property business very early in his career, which would later finance a group of companies called Gate Investment Group, LTD. The Gate in Gate Investment Group stands for his life long motto: greatness achieved through excellence. Not only is Richard Nel an extremely successful business investor, he is also an avid polo fan and player. He attended the prestigious Cartier International polo event held within the grounds of London’s Windsor Great Park near Windsor Castle. He was surrounded by royalty, celebrities, and other successful business professionals as he watched England achieve victory over Australia. He won his first prize in a competition on horseback when he was five years old.
Dr. Richard Nel offers small to medium sized business financial solutions so that they may create a successful entrepreneurial venture. Through his investment group, Gate Investment Group, LTD, Dr. Richard Nel promotes entrepreneurial growth in an economy that desperately needs to generate capitalistic gain. However, there are strict guidelines in order for a company to be considered by the investment group including sound business principles, integrity, drive, vision, and experience. The business evaluation includes matters such as the product provided, market acceptability, market size, and the business’s ability to exist and grow. Gate Investment Group considers financing applications of up to 25 million in all sectors.
Dr. Richard Nel: Pursuing Prestigious Professional Degrees
Dr. Richard Nel is a dedicated, ambitious, and hard working investment banker currently serving as the Chairman for his specialist risk business partner finance company called, Gate Investment Group, LTD. He founded the company in 1997 and has been successfully investing in small to medium sized companies in South Africa and other selected African countries ever since. When he was at the young age of 18, he set out on his own in order to find success within Pretoria, South Africa. Before attending business courses at the University of the Commonwealth in 1998, he successfully created a property business that would help him finance his investment group called, Gate Investment Group, LTD. The group is named for his life long motto: greatness achieved through excellence. After founding the investment company in 1997, he began attending classes the following year at the prestigious institution called, the Commonwealth Open University. He graduated in 2005 with a Master’s degree in business administration and a Doctorate degree in marketing. His education and degrees play a large role in his success investing in small to medium sized businesses with South Africa and other parts of the continent as well.
Dr. Richard Nel has generated growth for the economy of South Africa and other selected countries within the continent of Africa since 1997. Gate Investment Group, LTD considers financing applications up to around 25 million in all sectors of the economy, with the exception of on lending activities, direct farming operations, underground mining operations, and non profit organisations. Dr. Richard Nel and his investment company specifically select businesses that are small to medium in size and have gross assets under 100 million. The business must run on sound business principles, integrity, drive, vision, and appropriate levels of experience.