The Money Podcast

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

Introducing the ‘How To Invest For Maximum Return’ mini-series! A 12-week YouTube live series Rob Moore and his Progressive Property Co-founder and investing partner, Mark Homer.   Tune in every Monday at 7PM as each week Mark and Rob deep dive into the art of investing with actionable advice on investing in business, property, stocks, shares, assets and more with any amount of pounds or dollars, all the way from investing with nothing, up to investing £1 million. At each stage and at each investment amount there will be a different strategy, a different asset class to invest in and a different approach to investing that is tailored to yield the best return.   Recordings will be shared each week on this podcast so look out for more episode of ‘How To Invest For Maximum Return”   HOW TO WATCH 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   Discover the fundamentals of investing and why you must preserve capital at all costs, whilst maximising leverage to increase your capital.   Understand low, medium and high-risk investing strategies and tactics from defensive investing in low-risk physical asset classes such as wine, gold or art to high-risk high-return strategies tailored to your investment pot. At each stage and at each investment amount there will be a different strategy, a different asset class to invest in and a different approach to investing that is tailored to yield the best return.   Learn the value of compound interest, how to know when and what you can leverage and the difference between active vs passive investing. Uncover the secrets to the trade-off between returns on time and returns on capital among all investment classes. BEST MOMENTS “One of the best return on investments I’ve ever gotten has been investing in myself and starting a company” “Each time you rise up and increase your investment pot your strategy will change”   VALUABLE RESOURCES 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     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

Do you often wonder why your wealth is not increasing? Today, Rob outlines the eight common behaviours that act as wealth blockages and how to remove them from your life to increase your opulence. Discover how having a long term viable plan can help you achieve long term wealth, the importance of who you chose to surround yourself with and the role this can play in blocking or expanding your wealth as well as how changing your mindset can allow money to flow to you. KEY TAKEAWAYS Not having a long term and viable wealth strategy can act as a blockage to your wealth. Many people chose ‘gimmicky’ get rich quick ideals for creating wealth, but these are often not successful. People who do not have a clear vision or mission tend to procrastinate and get distracted easily and will often fall for ‘get rich quick’ schemes as they do not have a clear purpose or direction.   Have a high value and focus on asset and wealth building and a non-fantasy focus. When you ask some people what is important to them, they will not mention money. Money tends to circulate from those who value it least to those who value it most. When you put a higher value on money then you will retain more of it and you will manage it well. Some people think having a high value on money is somehow greedy, but it is not. Money is nothing other than a universal mechanism of exchange of value.   Learn to manage your own money. Once you have mastered this, you have nobody else to blame and you are also fully responsible for it. When you win it is on you and when you lose it is on you. You will learn to take responsibility for the losses and fix them yourself. You can trust yourself with your own money, but giving your money to somebody else to manage runs the potential to leave yourself vulnerable.   A blockage to your wealth could be who you choose to surround yourself with. Where are you taking your education and information from? If you want to increase your wealth then you will need to change your environment and be influenced by people that have mastered wealth or are continuing to master wealth.   Another way to overcome your blockage to wealth is to overcome your money eroding wealth emotions. Emotions such as boredom, guilt and shame can erode your wealth. Boredom is often a big damager of long term wealth. When people become bored or down, they often spend money as a way to pick themselves up. All emotions are linked to money in some way and will erode wealth if not managed correctly. Manage your emotions and create a clear vision and purpose, understanding that your path is viable, taking the highs and lows along the way.   BEST MOMENTS “Vision, mission, certainty and clarity. They will help you have a long term plan   “The difference between them and billionaires is the level of deserving.”   “Where focus goes, energy flows and results show.”   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

Have you always wanted to create multiple streams of income, but think you don’t have the time? Listen in to today’s episode as Rob details different ways in which to create passive and recurring income. Discover how writing books can create income for decades, how fan funding platforms are now allowing you to monetise your following and how you can license your intellectual property.   KEY TAKEAWAYS Write a book. With a book, the start-up process is not passive. You have to work hard enough, not to have to work hard by writing your book in the first place. Once the book has been written and published, it can create residual income for many years to come. A book may take you months to write, but if you write a book that’s evergreen, on a fairly common subject, then that book may last a decade or more.   Another way to create passive income is by having fan funding platforms. There are platforms such as Patreon and Facebook supporters programme whereby you create the same piece of information for thousands of pounds. This is a huge new thing and fans can either donate simply because they appreciate your content, or you can create a fair exchange. Creating fair exchange will give your followers something in return for their donation such as extra information or courses.   Intellectual property is a great way to create passive income. This can be something simple such as a patent or information that you own that can then be licensed and bought. If what you do is unique and really helps people, then you can look into profiting from this.   If you have a product or service that can be replicated time and time again, such as a restaurant, a course or a systemised way of producing a replica outcome (such as the Mcdonalds burger) then you can create a franchise. Creating a franchise will allow you to sell the license so that you get the capital upfront as well as getting the ongoing residual income stream by receiving a percentage of their profits.   You can create an online shop and tap into the e-commerce market. The start-up phase will take some work. You will need to find products, systemise and invest in the paid-for advertisement to get traffic to your store. Once you get traffic and you rank well then you have a passive or a recurring income stream.   BEST MOMENTS “It is nice to change isn’t it, from doing free content for years and years and not get paid to get paid upfront.” “Not that really is truly passive. You haven’t created or delivered the course you simply recommend it to your network and get paid a residual income.” “What ones of these income streams are the quickest and the easiest and most truly passive?”     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

 Many entrepreneurs will have compared themselves to multi-millionaires and wondered what they did differently to them. Today Rob shares with you his knowledge on how to achieve multi-millionaire status after years of research. Rob discusses how money is simply an exchange of the value you put into the world, the importance of having the correct business model and how you need to ensure you have a growth mindset.   KEY TAKEAWAYS Money is moral and is not emotional. Money does not judge and should not be defined as being bad or good. To have money does not mean you are greedy nor does it mean you are a narcissist. Money is simply a mechanism of exchange of value,a universally agreed way to exchange products, services and value because it is much more efficient than any other way we have tried over the centuries.   You need to ensure you have the right business model. There has got to be a need in the world for your product and/or service. Ask yourself ‘can this business make me millions?’. You need to be able to scale your business to reach the masses and your business needs to be able to reward you financially.   One trait of being a multi-millionaire is leveragability. There are very few multi-millionaires who have done it all on their own. Leverage partnerships, staff, systems and financial opportunities. You need outsourcers and other staff to help you on your journey to leveraging your business in order to become a millionaire.   You need to have a growth mindset and have a relentless pursuit of growth. You can not reduce your way to millions you can only grow your way to millions. This comes in the form of ‘constant and neverending improvement’. Learn how to take feedback well, this will allow you and your business to grow.   Most millionaires are ruthlessly high with their priorities. They focus on income-generating tasks and key result areas as well as not allowing time-wasting. They do not allow other peoples’ emergencies to get in the way of their vision and mission. In order to overcome facing a lack of clear direction is by having a meaningful vision, something that will continue to inspire you for the rest of your life. Write yourself a mission on how to achieve your vision year on year.   BEST MOMENTS   “I want you to have a love affair with money, be more open, more candid about talking about money.”   “The biggest thing that made me become a multi-millionaire, was people.”   “Every human being will experience every human emotion.”   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  

Learn today the 15 ways you can create a passive and recurring income. In today's episode, Rob discusses how utilising affiliate programmes can allow you to create a passive income, the difference between adverts and sponsorships on your YouTube and Podcast content as well as how you can create a passive income by monetising your intellectual property. KEY TAKEAWAYS Affiliate revenue is a way to create a passive income. You may know of certain companies' products or services and you could refer to these products or services to other people. You can become an affiliate or an ambassador for companies which will allow you to create a passive income.   You can also create your own affiliate or ambassador programme. If you offer 10% commission for each person they sign up this can encourage new customers. Make sure your links and the clients are tracked well and there is good transparency of that. Pay on the revenue that is generated quickly to encourage ambassadors to keep going.   Ad revenue on social media platforms can allow for a passive income stream. If you do YouTube videos, Facebook lives or a podcast then you can run adverts on those platforms. You can make hundreds of pounds from adverts on podcasts per number of downloads. As you build a following and produce more content the more ad revenue you can create.   Sponsorships from companies will allow you to create recurring income. A sponsor is someone who actually sponsors your show. Their adverts stay on your show and they essentially own your episode. Sponsors can get their own pitch posts and their own weekly shout outposts. You can get more money for sponsorship that you can from adverts.   Intellectual property is a huge way to create recurring income. Creating courses, webinars or any online content that you can charge people for can allow you to create an income. It is not passive and recurring if you are delivering it but it might be recurring if you automate it through online recorded webinars and online recorded courses.   Build a team who does the work for you. If you have a sales team or a marketing team then you are not doing the work so you do not have to do the revenue generation but your staff do. You can focus your energy on strategy, vision leadership and growth.   BEST MOMENTS “Once you get traffic, you will rank well and have an influx of incoming traffic and then you will have passive of recurring income stream.” “You have to work hard enough not to have to work hard.” “Fan funding is a huge new thing. It helps you monetise your following, it is a nice change from having to do free on rent and not get paid.”   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

Have you ever wished to be able to look into the mind of a billionaire? Well look no further as today we give you inspirational content from some of the most successful entrepreneurs in the world. Join Rob today as he and numerous billionaires discuss the meaning of happiness, how entrepreneurs should look at solving the world's biggest problems and why it is important to focus on things that you find worthwhile. KEY TAKEAWAYS  Most new ideas are stupid, dangerous and counterproductive.  There is a subset of new ideas that are absolutely necessary and are the steps in your business that you need to take next. The majority of innovations are not justified or warranted but some of them are absolutely crucial, but how do you go about distinguishing between the two? You let and encourage a whole host of entrepreneurs to produce their ideas, most of them will fail but the right ones will not.   Happiness is defined as progress towards a worthy goal. ‘Progress’ is feeling like you are self-actualising and moving forward towards something that you wish to achieve. ‘Worthy’ is something that you personally deem valuable, and your goal is something that you are yet to achieve.  There is something in progress and being more than we already are that creates happiness.    If you don’t jump out of bed each morning to focus on the things you are working on then you are working on something that is not worthwhile. Find out why you are not jumping out of bed? What is it that you are doing that doesn’t excite you enough to get out of bed each morning? If you are not willing to die for it, don’t live for it.    People have to create businesses and use technology to solve the worlds’ problems. Don’t separate politics from the business because those issues are where the business opportunities lie. To say that there are 4 billion people in the world that don’t have high-speed internet is not a political problem, it is a business opportunity. Entrepreneurs should be thinking about how to solve world problems, what is more fun than solving a problem that the world needs solving?   There are always different opinions and different sides to any topic and it is great to have an honest debate about this. However, there may be times on social media where you come across hate for no apparent reason. No matter how confident a person is it can take a little bit of time to realise what social media is really all about. Social media allows people who are basically just cowards to feel inferior behind a screen. Don’t give credence to those having negative thoughts towards you, appreciate the hate as it usually drives mass engagement to your channels.    BEST MOMENTS  “Surely it is insane that we are taught basic geography and french but we are not taught basic money managing skills.” “If you are lying down in bed and hitting the snooze alarm each morning then you are working on the wrong things” “It doesn’t matter who you are or what you do, you could be the most amazing public speaker delivering the greatest message but there are going to be people who just hate you because that is the world we live in.”   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Amazon-RM   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