PHOTO: Nikki Connors. SUPPLIED
Propellor Founder Announces Retirement, Closing a Defining Chapter in New Zealand Property Investment
After nearly 16 years of transforming the property investment landscape in New Zealand, the founder of Propellor, Nikki Connors has announced her retirement, citing the mental and physical toll of recent years as a driving factor. The decision comes as the founder reflects on the challenges of the global pandemic and its aftermath, which have reshaped the property sector and affected homeowners and investors nationwide.
Nikki Connors’ premium apartment is up for mortgagee sale again
A Legacy of Empowerment and Achievement
Under her leadership, Propellor grew into a powerhouse in the property investment industry, helping countless New Zealanders achieve financial freedom and become mortgage-free. Beyond property, her efforts extended to mentoring, writing, and philanthropy.
Key accomplishments during her tenure include:
- Establishing a free mentoring program for women in business across New Zealand.
- Publishing a bestselling book that inspired readers to take control of their financial futures.
- Organizing international humanitarian trips to Nepal, Vietnam, and India with Habitat for Humanity, a first-of-its-kind initiative in the property sector.
“It’s been a privilege to guide clients—not just to financial independence but also to see their children embark on similar journeys. Watching lives transform has been my greatest reward,” she said.
Challenges in the Property Sector
The past three years presented unparalleled challenges for the property market, marked by skyrocketing interest rates, tightened lending criteria, and government measures to combat inflation. These factors created significant stress for mum-and-dad investors and property owners, many of whom faced mounting uncertainty.
“Covid-19 and its ripple effects have tested the resilience of businesses and individuals alike,” she explained. “The weight of these challenges has taken a toll on my health and my family. It’s a reality many entrepreneurs in New Zealand have faced but often remain silent about.”
IR applies to put two more companies linked to Nikki Connors into liquidation
A Heartfelt Goodbye and Gratitude
Announcing her retirement, the founder shared her gratitude for the clients, staff, and partners who supported her vision. She acknowledged the sacrifices made along the way, including closing businesses and navigating personal financial hardship. “Through it all, I’ve been fortunate to have an incredible network of colleagues, friends, and family who have kept me going,” she added.
Her reflections also highlighted the broader struggles of entrepreneurship in turbulent times. “The financial and emotional pressures on business owners across New Zealand are immense and deserve more open discussion.”
Looking Ahead
While retiring from Propellor marks the end of an era, she emphasized that it is not the conclusion of her journey. “I will continue to create, innovate, and champion the causes I care about in new ways,” she said, signaling her intent to remain a positive force in the community.
Final Thoughts
Her story serves as a reminder of the resilience required to lead in challenging times and the enduring impact of purpose-driven entrepreneurship. As the property investment community bids farewell to a trailblazing leader, her legacy of empowerment, innovation, and advocacy will undoubtedly endure.
This chapter may be closing, but her contributions to New Zealand’s property landscape and the lives she has touched will remain a lasting testament to her vision and dedication.