The Money Podcast How to Become a Millionaire in Two Years
Can anyone become a millionaire in two years? Rob breaks down this question with a resounding "yes" but with important caveats. Rob and Kane talk about the psychology of wealth creation, exploring everything from the true meaning of inflation to why people pay thousands for luxury watches, and Rob gives his exclusive formulas for both wealth whilst debunking common myths about money and success.
KEY TAKEAWAYS
- Breaking down a million pounds over 730 days means you only need to make £1,369 per day - a more realistic target that could be achieved through selling just one high value product or service daily.
- The formula for riches is "inflation plus X times leverage times compounding". You must first beat inflation (which is typically double what governments report), then leverage your efforts and let compound interest work its magic.
- Information products are the fastest route to wealth creation, requiring no stock, premises, staff, or loans, and can be launched within 48 hours with global reach through social media.
- People buy based on perceived value, not actual value or price, understanding this psychology is crucial for pricing products and services effectively.
- Evolution beats revolution in business so start now and improve rather than waiting for perfection.
- The four M's of wealth building are Make, Manage, Multiply, and Maintain - your strategy should change depending on which stage you're in.
BEST MOMENTS
"Anyone can be a millionaire in two years, it used to take 10. All my mentors back in the day would say it takes 10 years to be an overnight success."
"People will pay for value.”
"The fact that it's hard makes it easier for you if you want it, because it's hard for everyone else. That's why in recessions, you get more millionaires."
"You don't deserve shit. Other than air, sunlight, and food... you get what you earn. I don't deserve anything other than what I create and what I do and how I help people."
"Making money is easier than keeping money.”
VALUABLE RESOURCES
bit.ly/Robsupporter
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/
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LinkedIn: https://uk.linkedin.com/in/robmoore1979
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