Moneywise

"I Fast-Forwarded My Life 10 Years”: How Geo-Arbitrage 3X’d My Wealth and Changed My Life

121 snips
Feb 25, 2025
Rob Hoffman, an entrepreneur and member of the Hampton community, made a life-changing move to Colombia, leveraging geo-arbitrage to triple his wealth. He discusses the financial perks of living abroad and how a frugal lifestyle can lead to significant savings and reinvestment opportunities. Rob emphasizes the importance of community involvement and the ethical responsibilities of expatriates. His journey from an anti-capitalist hippie to a successful business owner reveals a transformative approach to wealth and personal freedom.
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ANECDOTE

Living in Medellín

  • Rob Hoffman moved to Medellín, Colombia, with $10,000 and lived there for a year while starting his marketing agency.
  • He lived in a dangerous neighborhood with gangsters for $50 monthly rent to save money.
ANECDOTE

Returning to Previous Work

  • After a year in Medellín, Rob hadn't made any money and his savings were gone, so he returned to his old job.
  • Working remotely, his living situation proved unprofessional for sales calls, prompting a move.
ANECDOTE

The Superman Poster

  • Rob used a Superman poster to improve his Zoom background during sales calls because his apartment walls were unfinished concrete and moldy.
  • With this setup, he made half a million dollars in advertising sales that year.
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