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The Money Podcast

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Jan 16, 2020 • 25min

How to Find, Access & Raise BIG Money

Do you find yourself constantly turning down life-changing opportunities because you simply cannot afford it? In today’s episode, Money expert and your host, Rob Moore give you his top tips to finding money you didn’t know you had. Discover how to raise money, better budget your money and how to invest in the most important and profitable asset of them all...yourself. KEY TAKEAWAYS -How to find money you didn’t know you had or raise money you want or spend and invest money more wisely to reach your goals?   -The reality is you probably do have the money but you’re spending it somewhere else. People spend their money on things of the highest value of them, such as products or hobbies. If you want growth and progress, you have to rethink the way you spend your money.   -Think about where you’re spending money and ask yourself, am I filling some kind of need? You could probably save some amount of money per month and invest it in things that will allow you to grow.    -People think that money means that they can afford or not afford. It isn’t, it’s the access to money that you have through your network, through contacts, reach, presence and impact.   -There isn’t only the amount of money in the world in your bank. The amount of money flowing through the world is almost limitless. It is not just about the world’s GDP, it is about your GDP. If you increase the flow through you you can increase the amount that you can spend, save and invest.   -Save more money by changing your spending habits or by working overtime. Investment in certain products is offset against business expenses, reducing your tax bill by investing in books, courses, and masterminds.   -Whatever it is that you need to build or create, the money is usually coming from somebody else.   -You need to change ‘ I can’t afford it’ into ‘I can afford it’, change your values and what’s important to you. The only void you want to be filling when it comes to spending money is your personal growth, knowledge, wealth and experience.   -Reach out to your network or grow your network. Increase the number of people that you know and the number of contacts you have, looking at joint ventures to invest together. Network X Self worth = Net worth.   BEST MOMENTS ‘You either find the money or you find the excuse’ ‘If you think you can or you think you can’t you are right’ ‘Change ‘I can’t afford it’ into’ ‘how can i afford it?’ VALUABLE RESOURCES https://robmoore.com/ ABOUT THE HOSTRob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” and “The Money Podcast” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage.  “If you don't risk anything, you risk everything” CONTACT METHOD Facebook - https://www.facebook.com/robmooreprogressive/?ref=br_rsLinkedIn - https://uk.linkedin.com/in/robmoore1979
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Jan 9, 2020 • 28min

12.5 Ways to Get Paid More (& a Surprise)

Too many business owners and entrepreneurs are not charging enough for their product, service of the value they provide. By fully understanding the concept of ‘fair-exchange’ you too can increase your prices, charge larger fees and earn more money. Discover the proven ways to increase your value proposition and force yourself to scale up. In today’s insightful episode of The Money Podcast, your host Rob Moore shares 12.5 key ways to get paid more and grow your business.    KEY TAKEAWAYS  12.5 Ways to Get Paid More   To charge more. Too many people, not charging enough. They have guilt. They have fear. They have a concern that they are not that experienced or others might judge them or may feel that they may be ripping them off or they shouldn't be charging or critics criticize people for charging in your niche or in your industry, etc. To charge in the first place. So a lot of people aren't charging. They're giving a lot of time, or money or experience for free. Giving away knowledge that has taking them years to build for free. Increase the value proposition. To force yourself to charge more is create a great offer. To repackage your offer, make it sexier, to give more, to create a fair exchange environment, etc. This can, therefore, help you create more value, and with more comes higher fair fees. Scale-up. To reach more people. To increase your marketing. To increase your lead volume. To have multiple streams of lead. To increase your reach. To increase your exposure. To get proof. If you get case studies from people who are grateful and have benefited from your work, whether that's professionally or personally, or as a client paid or just someone who's just got benefit for free, if you get testimonials from people who've used your products and services, really grateful and sharing specific proof on how it's benefited them and then you use that and put that into the marketplace, you will get paid more because, at the end of the day, facts tell, stories tell. To sell your time. Could you charge for your advice? Could you also charge for the knowledge you have? Could you set up an online resource program? Could you one day in the future get a Facebook support program as I have? Could you get ad revenue or sponsorship for your podcast and the information that you put out to the world, your experience? Sell your knowledge and experience. You can sell your time as a coach, as a mentor. You could do one to one work, calls, etc. But you could also create your knowledge and experience in information marketing. Ask for referrals and recommendations. As soon as someone has consumed your products and service and you know is in a state of gratitude and they love your work, and they are even going out posting about it in social media or you hear or know that they've completed, go and say, "Hey how was the products or service?  I have a two-step referral model." Sell more to existing clients. A lot of people always chasing new clients, spending more in marketing, trying to find those people who haven't bought from them when there are hundreds or thousands of really happy customers who've already bought from you. Increase your conversion. Get better at sales. Reduce the friction in your e-commerce site. Make it easier for people to buy from you. If you can increase your conversion in all of those, you might end up doubling your business in a year. Manage to get feedback. Seek continual improvement. Look to ask your clients, your buyers, your non-buyers, your staff, etc. It is absolutely vital to get feedback from everyone. You should desire continual improve. Always seeking feedback. To innovate. To evolve. To disrupt. To stay relevant. You grow. I really believe if you stay at the forefront of innovation, disruption, evolution then you will always survive in a recession and the changing market. You will always be the forefront and trailblazer for your industry and you will never be short of income and a great business and a great profit margin and scalability. 12.5.  Manage your time and priorities. YOu need to know what your key result areas are, what your income-generating tasks are, and you need to spend more time on those.    BEST MOMENTS  "I think you should be incrementally increasing your prices."  "So, I think the key is, yes, give value. Yes, give some time and some information for free. But then have a line."  "Overly selfish or overly selfless doesn't create a fair exchange and doesn't create that proper market place."  "Add more value to your offer, add more things that you give away, do more for your fees, and then you can increase the fees. Increase the value, and then the fees should take care of themselves. But then of course, you have to up that too."  "What are the common traits of billionaires? Well one of them is that they serve vast numbers of people."  "Fair exchange is that  balance between someone wanting to give you money in exchange for your products or your services in a grateful way and you're still making a profit."  "Your recommendations and your referrals are much better of a salesperson that you could ever be for your product or the service."  "There is nothing wrong with selling your time, your experience, your knowledge."  "You could monetize your message. You could have an online course where you have created all the resources. You could have a resource center where you put your knowledge, your experience, your systems, your templates. And what you have learned over the years, you could create hard assets around that and sell that."  "The quickest revenue with the least friction and the lowest marketing cost comes from happy clients."  "You can go and sell to your existing client’s new products or services or an extension of what they already got, more of what they already got or you can go help them, serve them, listen to them, give them more value and then they will buy more from you."  "And you remove your ego and go into a state of gratitude and humility and you learn from everyone, and you ask everyone questions and you ask how you can improve, honestly, the market will it wants it needs. It will tell you how much it will pay. It will tell you what products and services. Make the market more grateful and buy and more and more and refer you. All the feedback is there in the market. You just have to listen. You just have to ask."    VALUABLE RESOURCES  https://robmoore.com/  Money book by Rob Moore    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   
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Jan 2, 2020 • 1h 10min

David McCourt: Q&A With a Billionare on All Things Money!

Are you scared of losing everything? Do you have a problem with managing money and keeping up with your business’s finances? Are you looking to grow and scale your business and your skills from zero to success? If this is you, tune in. Today’s guest has been at zero and has made it all, Rob interviews American TV, Telecom & Cable Entrepreneur, David McCourt. Jump in and discover his inspirational journey to success, his thoughts on entrepreneurship and business and more importantly how you can do it too. KEY TAKEAWAYS How could you go from zero to being successful? You can lose your money, but you're not going to lose your confidence, you're not going to lose other capital you have, your connections or your knowledge of an industry or business. That soft capital that you have will allow you to be able to make it again. After you lose all your money, you're starting it sort of 90% of the way there anyway, because you have people and you know what makes people tick, at least in your own industry. It's unfair for people to think that it's just their talent that allows them to make it again, it's easy to make it once you've made it before because you understand the roadmap as well. Who can I serve? What can I solve? And how can I scale? Loving what you do should be the drive that keeps you doing what you do. If you're doing something you don't like, with the pursuit of having enough wealth so that you can then do what you like, it's a dangerous game because you're going to spend the majority of your life doing something you don't like so you can have the freedom to do what you like. What is a fair exchange? In an entrepreneurial mind, a fair exchange is equal value given and value received. It does not necessarily mean money; it could be anything like service for education. If I can create value, who can I serve? Then I can put a fee structure around it and get my value. Fair exchange is a sweet spot between the two maximum profits, the maximum value in equal balance. What problems can I solve? Another secret thing you can do to be successful is following trends. The good part about following trends is that when you fail, you've now limited your risk when you pick yourself up because the trend is still there and you know one way not to solve the problem and if you fail a second time, you've cut your chances of failure a lot for the next time or you've increased your chances of success. Be fast. Speed is really important. If you want to succeed in the business world, you'll have to be fast in introducing your ideas to the world and implementing them before someone else does. Very many people have the same idea you have, so you'd better be the first. Keep up with the trending technology. You will only prosper in your business only if you keep up with the trending technology and be sure that you will be successful. BEST MOMENTS “Once you lose all your money, it's unfair for you to think that it's just your talent that allows you to make it again, it's easy to make it once you've made it before because you understand the roadmap as well. " “Pursue a business that you love so that if you fail in it, you fail doing something you love.” “If you can do what you love and probably make money, it’s going to be great, but if you don't love doing what you do, it will be like you are being forced to do it” “Entrepreneurship is solving problems.” “If you follow trends, you'll become very successful and if you follow fads, it may not work out for you.” “I don't want it perfect, I want it done. Done is better than perfect.” “Plan B is always better than Plan A because Plan A was the best plan you had at that time, plan B is the best plan you have knowing everything you learned when plan A didn’t work, which is a lot.” "If you stay on-trend, luck will find you." “The smarter you are, the more successful you are, the more difficult it is to be a good partner.” "Spirit without matter is motionless and matter without the spirit is expressionless." “If I fail, I'll enjoy the ride.” VALUABLE RESOURCES https://robmoore.com/ Money book by Rob Moore ABOUT THE GUEST David McCourt is an Irish-American entrepreneur with experience within the telecom and cable television industries. He was an early contributor to the development of transatlantic fibre networks and has founded and bought many companies in various countries. McCourt grew up in Watertown, Massachusetts, and is a graduate of Georgetown University. 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
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Dec 26, 2019 • 21min

What They Don’t Teach Kids in School About Money

Teaching your kids about money is essential for their growth and development in today’s economic climate where the world is governed by money and it’s just as important to work hard as it is to work smart. Rob shares his thoughts on the education of money from a young age, why it’s pivitol to understand how money flows and why by learning about money young you can much more easily embrace money into your life and ‘use it’ rather than ‘it use you’ Discover Robs top tips on money education, how to incentivize your children to learn and why understanding money is essential to success. KEY TAKEAWAYS   The fundamental thing about teaching your children about money is it’s not just about making money. It’s how money works! If you fully understand how money works you can much more easily embrace money into your life and ‘use it’ rather than ‘it use you’   If you’ve got children you have great advice and wisdom to give them but they will resist you because you’re their parent and that’s the problem. Therefore it’s great to use stories and analogies to convey lessons about money, business, personal development and challenges to overcome. It’s important to learn how money works not just how to get it. Understand how money works, it’s an exchange, value, contribution, creativity, and philanthropy that will help your children in a world that is governed by money. Leverage other adults and role models in your inner circle that can help the development of your child. Aim to surround yourself with people that ‘have something about them’ and can help their understanding of money. Your child will listen to them, simply because they’re not their parent. A great reading for the development of your child’s understanding of money, personal development and business is by incentivizing them to read. “Facts tell by stories sell” A good technique is to offer your child money if they read a certain book about mindset, positivity or a book with a constructive message that you want them to learn and ask them to write a mini report on it after. This will help them to understand the value of exchange and the value of the fair exchange in trading money for something ‘they’ have done. Monopoly is a good way to educate children about money. The new version also has a card reader for digital payments and being the banker gives them a very good understanding of monetary exchange, saving and spending. It’s pivotal to teach our children about money and how to generate it, previously we operated in a labor society where just working hard would earn you more money. Nowadays we live in a much more different society where you need to work smarter, invest your money and understanding the economy and more importantly money to succeed.   BEST MOMENTS “Master money, rather than be a slave to it” “Control money rather than let it control you” “The word currency means flow and money is in its true nature when it’s flowing” “Money loves speed and hates friction” “Money is a consistent form of value, a mechanism of exchange and protection about an uncertain tomorrow” “If you took money away we would be back to a primitive barter system”   VALUABLE RESOURCES https://robmoore.com/ 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 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
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Dec 19, 2019 • 20min

14 Ways to Create Passive, Recurring Income

Discover the 14 simple ways of creating passive recurring income and multiple streams of revenue every month through leveraging the power of evergreen assets, online platforms and by monetising the content you’re already creating in today’s episode of The Money Podcast. Tune in to hear Rob give his insider tips on harnessing the power of assets and the 6 key elements needed to turn them into passive income. No matter what you sell or what you do, this episode is for you.     KEY TAKEAWAYS  14 ways to create passive recurring income  Books - Writing a book that can be repurposed as an eBook and audiobook is a great way of creating passive income. There are many different book store providers and you can make multiple streams of passive recurring income through the creation of just one book. Additionally, you can leverage the creation of your book in many ways and earn royalties off the income for years.  Music Royalty - Writing a music record that has wide adoption can give you a huge recurring stream of passive income, especially when platforms such as TikTok are built off of lip-syncing.   Fan Funding - Content creators can get paid in a recurring way for the content you’re already putting out there. Examples of this are Patreon and Facebook supporter groups.   Membership Sites - You can create your own scalable content site with membership tiers for huge passive income every month. If you’re already creating content this is a great way to generate an income that’s scalable to a wider market.   Affiliate Earnings - Could you get paid for referring people to businesses and brands and get paid for the traffic and customers that you’re bringing in?  Getting Recommendations - If you’re selling products or services you can create your own referring program and ask people to be ambassadors for your business. This will passively bring in new customers interested in your product offering.   Intellectual Property - There are many ways to create an asset, paten or license that others will have to pay you for using it. Creating intellectual property and scaling is a great way of creating passive income.   Creating a Franchise - If you have a business you can leverage your successful formula and business model and create passive income from your franchisees, this model will also help generate new customers for your own business and community.   eCommerce Income - Products or services that you sell can also be sold online through your own site or other eCommerce platforms.   Ad Revenue - If you have lots of followers, listeners or subscribers you can monetise your following with an ad roll. This is a great opportunity to ad revenue you the existing content you’re already creating.   Sponsorship - You can get sponsored by brands and generate ad revenue by promoting their products or service on your social media.    Lending Money - Adding interest on monthly repayments is a great way to generate easy passive income.  Information - Providing and selling information via online courses and platforms can generate you huge sums of monthly passive income from sales and memberships every month. Plus you create the information product once and generate an income off of it forever.   Sales Team - If someone else is doing the sales, someone else is doing the marketing, the follow-up and the customer service you actually have passive recurring income and you can take whichever position in your company you wish.     6 ways elements needed to create passive income  Create assets first that create the income  Preserve your capital at all costs  Set to forget and work hard enough not to have to work hard  Create assets that are evergreen  Assets need management and maintenance  Reinvesting profits from your recurring income to create a compounding effect of income      BEST MOMENTS   “When people say passive income can’t be done, it’s usually because they don’t know how”  “I’ve been earning passive income for many years through my books, podcasts, online courses and more”  “Set to forget and work hard enough to not have to work hard”  “Committing hard capital is money and soft capital is your time”  “25 shares on Facebook is equivalent to 1 million views”  “I like an asset to be evergreen”  “There are so many people jumping from career to career and not getting anything from the one that they’ve left. You need to ensure you’re earning from the assets you’ve helped to create”    VALUABLE RESOURCES  Rob More - Money    ABOUT THE HOST  Rob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” and “The Money Podcast” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage.     “If you don't risk anything, you risk everything”     CONTACT METHOD  Facebook - https://www.facebook.com/robmooreprogressive/?ref=br_rs  LinkedIn - https://uk.linkedin.com/in/robmoore1979 
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Dec 12, 2019 • 37min

100th Episode Special: The Defining Traits of Billionaires

In today’s special 100th episode of The Money podcast, hear the best moments from one hundred shows of money. Learn the traits of the greats, hear from the titans of wealth and discover the secrets to success from some of the most influential billionaires of today. If you’re going to listen to one episode about money it has to be this.   KEY TAKEAWAYS   Naveen Jain: Life never stops teaching it’s just sometimes we stop learning. We have to change the definition of success, if we define success by the amount of money in the bank then we will never be successful because you’re always chasing something. Success should be measured by the number of lives you’ve impacted and the only day when you know you’ve been successful is when you become humble, if you have an iota of arrogance in you then you still have something to prove. But to be successful you need to think massively, you need to think crazy in order to achieve your goals.   Sir Tom Hunter: There are a couple of things in the eyes of entrepreneurs, it’s desire and attitude and they’re hard things to teach. Every business plan that comes to me is a graph of growth straight up but no business plan is like that, in reality, an entrepreneur’s journey is up, down, backward and sideways.   Martin Fridson: You have to be extremely focused to achieve anything near a billion dollars in net-worth   Grant Cardone: Cashflow is the holy grail of finance, you have to have cash flow in order to grow your business. Today it’s really just about work ethic, I’ve should up for so many bad deals that have never come to anything but every time I showed up I did my part and it gave me great discipline, a discipline with money and it’s been very important. When you start thinking about 10x your income and going from 10K to 100K it’s really hard but it cannot be maintained year on year, it forces you to think differently and creatively to achieve 10X year on year.   VALUABLE RESOURCES Rob Moore - Money   ABOUT THE HOST Rob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” and “The Money Podcast” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage.   “If you don't risk anything, you risk everything”   CONTACT METHOD Facebook - https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn - https://uk.linkedin.com/in/robmoore1979  
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Dec 5, 2019 • 17min

Rich & Spiritual! Can You be Both?

“Spirit without matter is expressionless, and matter without spirit is motionless” Join us on today's episode to hear Rob discuss this profound quote and explore how you can be both wealthy and spiritual, in business and in life. Discover how wealth and materialism can create spirituality and eternal happiness through gift-giving, inspiration, and achievement. A truly inspiring episode you do not want to miss. KEY TAKEAWAYS Being wealthy and having material items are often considered as being ‘materialistic’, whereas being considerate and caring of others and not possessing many material items is often considered as being ‘spiritual’. Many people consider themselves to be either side of the extreme, either they consider themselves very spiritual and anti-materialistic, or people that are more focused on money and wealth and deemed only materialistic. These two things cannot be separated, the human construct and our minds that are confused separates wealth and spiritual. This quote suggests that you don’t have to separate them, that they are intertwined “‘Spirit without matter is expressionless and matter without spirit is motionless’ (Dr. John Demartini) “Spirit without matter is expressionless” meaning whatever being spiritual is, if it doesn't take a physical form either human or material, then it doesn’t express itself. It could be just a thought in your mind but if it doesn’t manifest into something physical it is expressionless. If you embrace the spirit and material as one, the spirit becomes the material. Meaning, it is okay to want to be wealthy, travel and live in luxury if you’re happiness is spiritually awakening or inspiring to others. Creating wealth and doing great things with it, is a great way to redistribute wealth. Many billionaires are doing a great job of redistributing their wealth by giving huge amounts of their money to charity, which they wouldn’t be able to do if they weren’t billionaires. It is a great thing to give gifts if you’re using material items to give happiness to people then you’re leveraging the spirituality in materialism. Challenge your beliefs and think about what you would like in your life if you were not going to be judged by others. As soon as you’re more comfortable with money, and you’re not money-hungry, money tends to flow much more easily, effortlessly and abundantly to you because you’re probably working in the right areas of spirituality and giving and value and fair exchange.   BEST MOMENTS “‘Spirit without matter is expressionless and matter without spirit is motionless’  Dr John Demartini” “If Jesus or mother Teresa were alive today, they would need a private jet!” “One of the most spiritual things to do is to purchase, own and share material items.”   “Mastery of life, the gifts of life that you receive and you give equally are in the fusion and merging of the spiritual and material.”       VALUABLE RESOURCES https://robmoore.com/ ABOUT THE HOST Rob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” and “The Money Podcast” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage.  “If you don't risk anything, you risk everything” CONTACT METHOD Facebook - https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn - https://uk.linkedin.com/in/robmoore1979  
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Nov 28, 2019 • 13min

How I Got out of £50K Debt & Earned £100K in 1 Year

In this episode Rob answers questions about getting into and out of debt using his own experiences in his life. He discusses points such as how he stayed motivated to work smarter and harder and shares his knowledge on how you can also get change your financial status.    KEY TAKEAWAYS    Can you tell us about the debt you initially built up? Around £50,000 of consumer debt built up when I started university. Managing money wasn’t taught at school so I was unaware of all of the different charges for loans or about managing money etc…  What prompted you to make a change? I was in a lot of debt when my dad had a mental breakdown in his pub. I had been dependent on my parents a lot financially so felt terrible when his mental breakdown happened. It made me feel like such a disappointment, things had to change.  Don’t wait for something to shock you in order for you to make a change, take control now.  How did you clear all of your debt in one year? In 2006 I started to take things really seriously such as selling my paintings and art. I then went to a property event and met my business partner. I then got into property and built Progressive Property with my business partner and became millionaires in our early 30s.  Were you also making money during the time of clearing debt? Yes, I earned a 6 figure salary and bought a Nissan 3850Z too.  How did you change your money habits? I changed my mindset after 2005 to be more open-minded to listen to and learn from other people. It took a long time, it didn’t just happen over night.    What sacrifices did I have to make in order to be debt free? I had to learn sales and marketing and not just the tings I wanted to learn about. I had to work harder and be more open to working with other people. I had to sacrifice a bit of the social aspect of life too such as dating.  What are the biggest lessons you’ve learned about earning, saving money and avoiding debt? Never spend more than you earn. Preserve capital at all costs. Invest into assets using your capital which will produce income which you can then spend. Get your emotions out of the way of your spending and in any major purchases, don’t just buy there and then.  What made you want to share your financial wisdom with others? I actually found that I enjoyed teaching a lot more and building my personal brand more than the actual tasks that go into looking after the properties etc…    BEST MOMENTS  ‘Sometimes debt can creep up on you’  ‘Don’t wait for the event, make the event’  ‘If you work smart and hard you can make it’    VALUABLE RESOURCES  Rob More - Money    ABOUT THE HOST  Rob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” and “The Money Podcast” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage.     “If you don't risk anything, you risk everything”     CONTACT METHOD  Facebook - https://www.facebook.com/robmooreprogressive/?ref=br_rs  LinkedIn - https://uk.linkedin.com/in/robmoore1979 
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Nov 21, 2019 • 12min

Charge or Give Your Time for Free: How to Increase Fees & Value

Free vs Fee? What is is the balance between giving away your time for free vs commercialising your time and charging a fee. Rob dives into the paradox of charging for your time vs giving away your time for free, the value exchange and business pricing. Join in and learn more.     KEY TAKEAWAYS    If you feel good about what you do and you tick the boxes society asks you to tick. Giving money away, giving your time away for free and not charging you can feel good about    If there is no fee there is no free because the fee gives you the time to do the free but If you do too much for free you will damage the existing clients that are paying so you need to know the point of difference to who you’re providing your services to.    The stuff you do for free will give you more reach, credibility, exposure, brand awareness, goodwill and as a result, the clients who consume the free content may become a paying client so the fee and the free go hand in hand to create more revenue and credibility.     Offering free content to your audience will only work if mange your diary correctly. You need to compartmentalize your time and do what’s best for your business, finding new clients, marketing and generating revenue but also spend some time proving free content to attract more customers, clients, followers, and fans.      Helping others for free feels amazing and as a result that goodwill and credibility will transmute to your self-worth and in turn will increase your fee.[Text Wrapping Break][Text Wrapping Break]What are your:  Your commercial goals  Your philanthropy goals  Your time and diary management    BEST MOMENTS  “I have ringfenced in my diary every week a set amount of time to help people”  “Allow an hour a day on social platforms to answer questions and contribute to communities”  “If you’re happy with your day, you’ve helped people and you can sleep well at night you can ignore the critics”  “The more you put yourself out there the more critics you will get”  “Anyone in sales or marketing will like you more if you make money and can prove it”[Text Wrapping Break]“Everyone is allowed to make a living”  “I’ve given away over 1 million pounds to charity, but my coaching calls are worth much more than that”    VALUABLE RESOURCES  Rob More - Money    ABOUT THE HOST  Rob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” and “The Money Podcast” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage.     “If you don't risk anything, you risk everything”     CONTACT METHOD  Facebook - https://www.facebook.com/robmooreprogressive/?ref=br_rs  LinkedIn - https://uk.linkedin.com/in/robmoore1979 
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Nov 14, 2019 • 17min

More Money Today (Vs. Money Tomorrow)

Do you want to have money today and even more money tomorrow? Discover the mindset needed to build wealth for today and for tomorrow. Learn why it’s essential to have a balance between the two, get out of your comfort zone and take a leap of faith. Hear why exchanging your time for money is still a valuable income stream and how you can build your future income wealth while still working today. Learn Rob’s key points on the value of money and how you can compound income streams to constantly and consistently increase your money.    KEY TAKEAWAYS[Text Wrapping Break]  From an economic standpoint, there will always be more money in the world tomorrow because of inflation and as money erodes in value. There’s also loss, risk and bad debt that can occur so, conceptually it’s often worth cashing in today rather than tomorrow, especially if you’re a business owner or entrepreneur.     Invest in assets - Property, art, IP and watches are examples of assets, which are steadily safe investments as long as they are increasing in value above the level of inflation. A good metric for this is a 5% increase in wealth.[Text Wrapping Break]  How much time do you spend exchanging your time for money? You must have a balance of incoming money to pay your bills, counteract inflation and feed your family, however you must always be looking at what is generating you your money for tomorrow, this may be in the form of a business, investments or an idea that you want to curate into a business. Therefore you need to divide your time wisely, for this, you can spend 70% of your time on money for today and 30% on the money for tomorrow. The goal is to equal your money tomorrow with the money you’re getting today by exchanging your time. When you have achieved this you have replaced your income and you can go full-time into your idea, business or venture and compound that increasing money of tomorrow. [Text Wrapping Break]  The risk of money tomorrow is that it is not guaranteed and it may actually come to nothing meaning you’ve exchanged a percentage of your time for nothing, however it could flourish into lots. The risk of settling for money today is that it will never be enough with inflation, increasing costs and the threat of loses. This is why you must have a balanced set of income streams. [Text Wrapping Break]      BEST MOMENTS  “Money today is guaranteed but money tomorrow takes a leap of faith.”[Text Wrapping Break]“Money today is comfort and money tomorrow opportunity but with a risk”  “Money today is the assets you already own and the existing streams of income you currently have, however, this was once money of tomorrow that has paid off”    VALUABLE RESOURCES  Rob More - Money    ABOUT THE HOST  Rob Moore is the host of the UK’s no. 1 business podcast “The Disruptive Entrepreneur,” and “The Money Podcast” as well as an entrepreneur, property investor, property educator, and holder of 3 world records for public speaking. He is also the author of 9 business books, 5 UK bestsellers, and the global bestseller, Life Leverage.     “If you don't risk anything, you risk everything”     CONTACT METHOD  Facebook - https://www.facebook.com/robmooreprogressive/?ref=br_rs  LinkedIn - https://uk.linkedin.com/in/robmoore1979 

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