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.

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: Founder of Wealth Report Magazine

As a self-made success in the finance industry, Dr. Richard Nel hopes his story of triumph will encourage others to become independently prosperous in their own ways. In 2008, he started Wealth Report Magazine, a publication in South Africa that shares stories of business success to inspire others.

Dr. Richard Nel appointed Claudia Henkel as the CEO of the publication. As former Miss South Africa, Henkel exemplifies the strength and motivation it takes to rise to the top. The launch of the magazine came at a time that Dr. Richard Nel saw as strategically perfect. When money markets are afflicted with uncertainty and the word “recession” echoes through stock exchanges, people tend to persist in their dreams of owning the luxury sports sedan or that big house on the cul de sac, or that posh vacation yachting in the Maldives. These are the very things that drive people to success and to the overall pushing of potential among the human race.  And as a successful businessman himself, Dr. Richard Nel sees it as his civil duty to keep that dream alive, so that every day people will try to be more productive in their capacities.

Dr. Richard Nel believes it is imperative to the building of great civilizations that people continue to pursue their aspirations with unwavering determination. Without a particular goal or token of achievement to work towards, it is easy for people to lose their way and eventually sacrifice their maximum potential. Dr. Richard Nel says that we need to hold on to that potential, if not for yourself then for everyone else.