The Money Podcast How to Spend Money to Make Money
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Join Kane and Rob as they reveal the counterintuitive truth about expensive purchases that actually save and make money. From hiring drivers and private chefs to investing in luxury watches and supercars, Rob breaks down how you can spend money to make money and challenges conventional ideas about saving.
KEY TAKEAWAYS
- Rob pays £300 for a driver because one productive hour of his time is worth £5,000, making the driver a profitable investment that eliminates stress and dead time
- He argues putting £10,000 in a Rolex beats a savings account since luxury watches appreciate 5-8% annually while savings lose value to inflation
- Rob's supercars directly increase revenue at his property events. People spend more money when he lines up his Lamborghini, Aston Martin and Porsche outside
- He owns five cars through an LLP structure, paying before tax and writing off depreciation, which effectively halves the real cost compared to personal purchases
- Rob hired his own mother as his first chef to combine family time with practical help, showing how anyone can start outsourcing on any budget
- He believes having children makes entrepreneurs more legacy-focused and empire-building driven, though he plans to structure inheritance to avoid creating entitled kids
BEST MOMENTS
"I've worked out a good average hour of work for me should make me five grand and a driver costs me, I don't know, couple of 300 pounds per hour."
"It is a far better use of 10 grand to have it in a Rolex than to have it in a savings account. Because in a savings account that'll go down in value every year."
"Do you know the amount of money that people spend at our events goes up when we line up all of our supercars out there."
"I would say if you've got an empire building element inside you. For sure having kids can grow that."
VALUABLE RESOURCES
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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
See omnystudio.com/listener for privacy information.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/