The Money Podcast

Most people think that you need cash to start and grow your business. WRONG, there are many things far more important than cash and in today’s episode of The Money podcast, Rob shares with you 7 key fundamentals for building a sustainable business without focusing simply on cash. Listen in and learn the true value of your follows and fans, why information is now a commodity worth more than money and how technological and digital opportunities are changing the way we do business, reduce friction and better serve our customers and clients.   New Book Launch - 3rd December 2020 ‘Reinvent Yourself’ With Gerald Ratner   Check out Rob’s supporter Facebook programme for more exclusive updates, lessons and courses on entrepreneurship, business, mindset, money and more. bit.ly/Robsupporter   KEY TAKEAWAYS   Your follows fans and subscribers are much more of a currency to your business than money. In theory, each subscriber, opt-in or follower is worth a minimum £1 per year to your business. Cash in your company comes and goes but once you’ve secured a follower, fan or subscriber you’ve got them for life.   Information is far more powerful than money. Information is now a commodity in business that you can trade, give and offer your customers, clients, followers and fans. The more information you can learn, the more information you can monetise through courses, teaching, practices and events and as a result you will become an expert and an authority.   Technology that makes our lives faster, easier, better and more integrated is far more valuable than money. The tech available to your business to optimise, systemise and revolutionise is only growing exponentially and bringing about more opportunities for growth.   Building your business brand, personal brand and ensuring goodwill in the mindset of your audience is worth much more to your business than money. If you can be in the mind space of your customers when they think about a product or service in your niche then you will grow your business rapidly. Trust with your audience and your customers is the greatest currency to have in business. Money loves and follows trust and if you can build up trust in all areas of business by servicing your customers and solving problems you will see acquire more partnerships, sponsorships and collaborations.     BEST MOMENTS   “Most people think that you need money to make money” “There are many more assets to make cash that cash” “We’re moving towards a cashless society” “Much of my revenue comes from my books and my content. It comes from the content I produce.” “Where you can use technology to remove friction you will speed up the payment process for your customers” “Technology mixed with digital is the future and you need to embrace it.” “A trust or reputation can take 10+ years to build”   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter MONEY BOOK   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        

If you’re looking to build wealth from scratch without any experience and understand the mindset needed to be successful with investments and in business, this episode is for you. Rob shares 7 lessons on how to earn more money quickly, benefit from the power of compounding interest, leverage the opportunities of asset investing and become responsible for your money and investments.   Check out Rob’s supporter Facebook programme for more exclusive updates, lessons and courses on entrepreneurship, business, mindset, money and more. bit.ly/Robsupporter   KEY TAKEAWAYS   Be fully responsible for your money and your investments. The quicker you understand how money works, taxes, mortgages, profit and losses and economics the quicker you will earn more money. Never spend more than you earn. Always be aware of your income and your outgoings, in one month it might not seem like a loss but compounded over 20 years just spending 10% more than you earn could put you in 1000% more debt. Invest 10% of your earnings or more. Compounded momentum of investments earning 5% ROI, compounded and re-invested over time will generate you a pension or retirement fund. Begin with low-risk investments and upscale your risk as you become more educated. Save and never touch 10% of your earning. On a capital sum, you should sustainably be able to earn a 5% return with the goal of your savings returns eventually replacing your income. Invest in assets that produce income and live off of the income and not the capital from the asset. To drastically increase your wealth and live for free you should aim to use the income and leverage from asset investment that generates a positive return to purchase your depreciating liabilities such as cars etc. With property, your investment income can pay for a car loan and therefore you end up with an appreciating asset and a car. Start and scale a business and focus on sales and marketing. A business can give you a higher return than any other asset class as you can leverage your sweat to sell product and reinvest back into your businesses sales and marketing to grow.   BEST MOMENTS “Take full responsibility for managing and mastering your money” “Never spend more than you earn” “When you invest 10% of your income over time you will feel the power of compounding interest”“SANT - Save & Never Touch” “Sometimes it’s best to invest more capital to get appreciation rather than depreciation”   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter MONEY BOOK   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

Get ready to discover 7 proven ways to earn more money quicker, learn how to leverage social media, access a ready-made audience of millions of customers and master marketing in this insightful Bonus episode of The Money podcast. Rob dives into how to sell online, solve your customer’s needs and scale your business with tried and tested business models and strategies to build your brand, increase your impact and your income, your reach and your revenue.   Join a one-off Facebook Live event with Rob ‘How To Build An Online Global & Scalable Business’ tiny.cc/scaleglobally 19th November   Check out Rob’s supporter Facebook programme for more exclusive updates, lessons and courses on entrepreneurship, business, mindset, money and more. bit.ly/Robsupporter   KEY TAKEAWAYS   Have a clear business model. Don’t start and stop with different ventures because you can never really gain momentum, velocity and leverage. The grass isn’t always greener when you see a new shiny ‘get rich quick scheme’ you need to stick with one and benefit from compounding momentum. Always be online. You need to harness the power of eCommerce, consultancy and informational business models that are accessible to the masses. All of your customers are now online and you need to leverage Amazon, Shopify, Google and Facebook to drive customers to your store and serve them. Leverage social media. You can access millions of customers for free if you can use social media for your business in the right way. Social media will help you with organic leads, trickle-down revenue and help to grow your business over time. Always be present on all channels. Learn to sell or partner with someone who knows how to sell. Sales is a service, art, science and skill that solves your customer’s problems. Sales is essential to your businesses success and without it your business will not generate any revenue and it will not survive. Master marketing. Marketing generates the leads for the sales team to take the money. It is essential that you invest in marketing in order to build an audience, build a brand and market your product or service.   BEST MOMENTS   “Every time you stop you have to start again” “Money loves speed and hates friction” “As long as you have a good product or service you should be selling now more than ever”   “Increase your impact and your income, your reach and your revenue” “You need to be selling a vision, a mission and an action to your customers as well as a product or a service”   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter tiny.cc/scaleglobally 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

If you’re looking to invest £10,000 in a passive or active investment strategy for high returns, this episode is for you. Progressive Property Co-founders, Rob Moore and Mark Homer discuss how to perfectly invest £10,000 in today’s economy. Discover how to get the quickest returns on your investment for short, medium and long-term capital growth. Hear Mark and Rob deep dive into asset investments with recommendations on classic cars, vintage watches and hot property investments. WATCH ON YOUTUBE How to Perfectly Invest £10,000 | The Best Stocks | Property | Gold & Classic CarsSUBSCRIBE TO THE SERIES Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes KEY TAKEAWAYS You should first do your diligence and research and understand the industry that you are about to invest in well and understand the right amount of capital that is needed to invest in that industry. Know whether you want to invest in something passive and how quickly you want to make money. With this kind of money, the quickest way to grow it, the biggest returns are going to be when you combine that money with your effort, blood, sweat and tears to create something yourself in terms of a business. This kind of money requires you to be passionate about what you are going to invest in because you definitely will be a better investor if you love what it is you're investing in. This allows you to wake up every morning and go to work very hard each day to grow your business and see a return on your investment. The quickest returns on an active £10,000 property investment will be when you combine your capital with effort and hardwork and create a business. The best property businesses to start for returns are Rent2Rent, Serviced Accommodation or Deal Packaging, but also consider the option of a JV with somebody else. If you’re passively investing £10,000 the safest options are most ISA’s or a portfolio of tracker funds that invest in the FTSE or American spread. Platforms such as Vanguard and Hargreaves Landsdown are recommended to use.   One of the better longerterm passive investments to make is in classic cars and watches. If you do your due-dilligence using sites such as Glenmarch you can track the price of classic cars and their average price sold. With the right research on the right premium brands these investments will increase in value year on year and you will see a positive return. BEST MOMENTS “By starting a business and by working hard you will see a better return than any other investment strategy” “We started our training business with £300 each” “Put your £10,000 into a business that you’re passionate about so that you’re motivated to grow” “Purchased non depresiative items” “Do your own diligence on all your investments” VALUABLE RESOURCES http://tiny.cc/PPTV http://bit.ly/Robsupporter https://www.glenmarch.com/ https://www.hagerty.com/apps/valuationtools/search/auto 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

Discover six proven strategies for fast and lasting wealth, learn the foundational and fundamental techniques and lessons, guaranteed to work in any industry, niche and marketplace to make big money for the long term.   World Mental Health Day: 10th NovemberFrom 1 PM-4 PM, Rob will be offering free phone calls for advice on mental health. Simple private message Rob with your mobile number on Facebook for more details   New Property Development Video Premier Live from 6PM on the Progressive Property YouTube Channel. Discover more about Rob & Mark’s 99 apartment property development. Tiny.CC/PPTV   Check out Rob’s supporter Facebook programme for more exclusive updates, lessons and courses on entrepreneurship, business, mindset, money and more. bit.ly/Robsupporter   KEY TAKEAWAYS   Be Money Focused: By focusing on money you will no longer be obsessed with money and you will therefore make decisions based on your visions, your mission and your business plane. Be obsessed About Being The Best: Be the best in your industry and better than your competitors, there’s always room to grow and to innovate a product or service and by making it an obsession your niche will make room for your better quality product or service. Focus On Caring, Trust & Service: Be obsessed about your customers, community and industry. Focus on being a business your customers can connect to and interact with but you must be in a fair-exchange environment. Disrupt Your Industry: Aim to do something new, approach something in a new way and innovate in your niche. Be an early adopter in your industry and don’t be afraid to shake it up. Operate In Your Industry For A Long Time: If you serve your industry for a long time you will get a positive and compounding effect and you will grow exponentially. Don’t flip back and forth with new ideas, own your market and become a leader and benefit from your network and position in the marketplace. Solve Big Problems: Focus on solving your customers problems and the bigger the scale of the problem you solve, the bigger the reward.         VALUABLE RESOURCES https://robmoore.com/ 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/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979

Tune in to episode one of a brand new mini-series covering the perfect investment strategies for passive and active investing with £5,000. Rob is joined by Progressive Property Co-founder and expert investor, Mark Homer to discuss an array of investment opportunities and tactics for every entrepreneur to level up their investment game and get a positive return on their capital. WATCH ON YOUTUBE How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic CarsSUBSCRIBE TO THE SERIES Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes   KEY TAKEAWAYS Do you want your investment to be active or passive? When investing, you have to first determine whether you want to use your time in that investment or whether you want to earn a passive income. For £5,000 you can purchase an established business with market share, a product and an audience, by restructuring and investing in marketing to drive sales you can quickly see huge returns on your initial investment. If you’re investing in property, you’re better off investing £5,000 on your own education so that you can joint-venture with other investors and secure the right finance to build your property portfolio. Investing in the stock market or ISO can return a positive passive ROI, however whilst this is a passive investment it can take longer to accrue overtime. Training and education businesses are a very good investment because you only need to have the internet and a good phone to record yourself. You only need to know something to teach and a paying audience will listen. Classic watches and cars can generate you huge returns if you purchase them at the right price, but it would be more beneficial to invest in a business to generate you the type of passive income you need to invest in wealth-generating assets. Commodity trading with precious metals such as gold can give you a good return if purchased at the right price, however there is less control with this type of investment. Additionally Cryptocurrency is a newer market that can give you a very high return when the price and market cap go up but you must do your due-diligence first. BEST MOMENTS "I would invest it in marketing to generate leads to clients resulting in sales."“Nothing is truly passive; you have to work hard for you not to work hard.”“It is important to preserve capital and have contingency cash.”“Cash protects you in terms of your monthly bills, liquidity and also pay your debts.”“Invest in something that you love doing.” VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/ ABOUT THE GUEST Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties. 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_rsLinkedIn: https://uk.linkedin.com/in/robmoore1979

Balancing the right amount of input on money today vs money tomorrow is a time management exercise that will help to keep money flowing through your business today and enable you to scale your business tomorrow, but not everyone finds the right balance. Tune in to hear Rob share his thoughts on income generating tasks, key result areas and how you balance your time and money on the right income streams for sustainable growth.   Check out Rob’s supporter Facebook programme for more exclusive updates, lessons and courses on entrepreneurship, business, mindset, money and more. bit.ly/Robsupporter   KEY TAKEAWAYS   Money today is your hourly rate, your consultancy rate and the money you get from the work that you do directly. This can consist of over the phone selling, mentoring and tutoring with a direct income earned today.   Money tomorrow is future income streams, future businesses, strategies and ventures that will generate you an income in the future. This can consist of business planning, ideation, future joint venture partnerships and deals you’re working on that will net an income in 12-18 or 24 months.   Key result areas work on money today and money tomorrow. For example, working on joint venture partnership and future deals are key to success but will only generate money tomorrow, however, it’s essential to invest time in partnerships and future deals for security and if money today dries up.   Income-generating tasks work purely on money today and create the money that helps your business survive on a day-to-day basis.   Aim to work on the 80/20 principle. Spend 80% of your time working on income-generating tasks for money today such as sales calls and marketing and 20% of your time on KRA’s for money tomorrow such as partnerships and collaborations.   Once you have scaled your business and have a staff and a sales team you can flip the 80/20 principle and spend 80% of your time working on money tomorrow strategies, deals and partnerships.   BEST MOMENTS “If you spend eight hours a day on money tomorrow you can’t make money today and that’s a problem” “Money tomorrow is uncertain but it’s essential to create ventures that will generate money tomorrow in case money today dries up” “By working on money tomorrow you will ensure your company grows” “By having a staff focused on money today you will ensure you keep money flowing” “Admin is not money today or money tomorrow, you need to outsource the admin tasks that do not directly generate you an income”   VALUABLE RESOURCES https://robmoore.com/ 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/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979

Making money in a business is not that easy but it’s actually very simple. Businesses are driven by sales and revenue and in today’s episode, Rob discusses the common mistakes entrepreneurs make that cause them to miss out on thousands of revenue and lose hundreds of sales opportunities. KEY TAKEAWAYS Sales and marketing is the engine of any business, but since it's hard to distil into one thing what makes a business a success if you do not embrace sales and marketing, then you're not going to make any money. Marketing is what generates the most sales and revenue in any kind of business. A lot of people focus on sales, but a sale is converting the lead into revenue and marketing is generating the lead. A sale is taking the money for the purchase of the stock, but marketing is getting people in the shop in the first place. When you know marketing, it is embracing learning, studying, loving marketing, seeing marketing as a creative art, seeing it as innovation, understanding how to execute a wildly successful launch, and that’s where you get to make money. If you have a podcast or a book, a course, a Facebook group or a community, a product, a service, mentoring masterminding courses, you have an app, a system, anything like that, software, hardware, how to launch your book (product) will work for you. BEST MOMENTS “No marketing, no sales, no sales, no revenue, no revenue, no business.” “Start now, get perfect later.” VALUABLE RESOURCES tiny.cc/launchyourbook 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  

Marketing is the most important function of any business because, without marketing, you don't have leads, and without leads, you've got nothing to convert into sales, but most people don't get that difference. Today's Money Podcast episode deep dives into the difference between generating revenue via sales and revenue via marketing, and why entrepreneurs should understand both. KEY TAKEAWAYS Marketing is the single most important function of any business, but people are not very good at getting clients because they're not focused or great at marketing. Very few entrepreneurs focus on marketing because most of them think they have the best product, but you have to be good at marketing your product for you to sell it. Sales revenue is outbound revenue; it is cold calling or even warm lead calling. It is converting leads into sales with a salesperson. There is a sales transaction involved. Small startups see revenue through sales as the main or only way of generating revenue, but that's not that scalable. That's outbound is a push, whereas you should probably rather have inbound, you'd rather have pull, that is, sales via marketing. A sale through marketing is where people buy off a landing page, a sales page, a sales video, a website and e-commerce engine. They buy off their own volition when they're doing Google searches, or they're online, or they buy from a marketing campaign where they check out and fill a cart. Marketing is a very good skill to learn because when you become great at marketing, you can sell most products or services pretty easily. Great marketing is removing the friction and increasing the trust which increases the speed and volume of transactions to you, and it's leverageable and scalable because it's not one to one reliant on you, it could scale globally. BEST MOMENTS “People going to a shop is marketing.” “Nothing sells itself.” “Push is sales, pull is marketing, outbound is sales, inbound is marketing.” “You could have the best product or service in the world, but if no one sees it, knows about it or has heard about it, then they can't buy it.” “No one is good at selling something that no one knows what it is.” VALUABLE RESOURCES https://robmoore.com/ 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

Are you looking for ways to make more money than you already have? Well, don’t miss today’s exciting episode of the Money podcast as Rob teaches you his 7 ways to make yourself great at making cash. Learn how solving peoples problems will offer you lucrative opportunities, how to get better at asking for what you want and why people will pay handsomely for convenience.    KEY TAKEAWAYS  One way to be great at making money is by solving problems. Ultimately, people will pay to have their pain alleviated and they will pay for solutions. What you need to be good at is spotting problems, seeing them as opportunities and solving those problems.    Do more than you are paid for.  It is not enough to do only what you are paid to do. You should always aim to do more than what you are paid to do. How impressed do people get when you do more than you are asked to do and paid to do? It is the same as always over delivering and customers will feel like they have been given extra value if you continuously give them more than what you initially promised.    You have got to get better at asking for what you want. If you inherently know you give good, intrinsic value and you are valuable and do not just obsess over money, you obsess over value then that becomes a lot easier. You will not get what you do not ask for and you have got to get better and asking for what you want.    If you make peoples lives faster, easier and better this will lead to convenience and therefore value. Many of the most successful things such as the internet and delivery services have been designed to make our lives easier. If you can create a product or service that does these three things, then you will get paid handsomely for it.    BEST MOMENTS “Solving problems help you make cash. Your job is to see and spot the problem, create the opportunity and get it out to the market.” “Don’t just do the job you’ve got, do the job you want.” “You’ve got to make peoples lives easier, you’ve got to make peoples lives better, you’ve got to make peoples lives more convenient.”   VALUABLE RESOURCES https://robmoore.com/ 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