Whenever there is economic difficulty there are opportunities. Rob believes 2023 could be the year the recession turns into a depression, partly due to the fact that property prices have dropped 15% in the past 60 days in his local area. Listen to this episode to learn the many ways you can cash in on the crash in 2023
KEY TAKEAWAYS
- Investing: the two main ways to cash into the crash are the pound cost average you are investing and avoiding the paradox of timing the market.
- You have to continue to make offers, if you don’t, people don’t think you are in the market and you won’t get deals.
- Being entrepreneurial:
- Content into cashflow: Create your own content to direct people to your business.
- Information into income: Turn what you know into a business and into cash flow. If you then launch on a membership site you instantly create recurring income.
- E-commerce: the platform of E-commerce is changing, Amazon is the first company to lose 1 trillion. But their failures can be your opportunity. It costs little to nothing to start your own E-commerce business.
- You don’t need the likes of Amazon anymore, you can generate your own traffic in a multitude of ways such as via Instagram or TikTok.
BEST MOMENTS
“As interest rates go up, affordability becomes difficult for people”
“It’s wise to spread your investments and your assets out”
“Offer on tomorrow's price, not todays”
“The internet is only 40 years old, it’s still really new”
“When you pay, you pay attention. Free advice doesn’t work”
VALUABLE RESOURCES
http://rob.team
bit.ly/Robsupporter
https://robmoore.com/podbooks
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979
