The Money Podcast

Have you reached a point in your business journey that you can’t quite overcome? Hit a barrier you think is impossible to get over? Today, Rob takes us through the 10 ways to break through your business ceilings. From creating new leads, partnerships, and products, to working smarter and not harder. KEY TAKEAWAYS Create multiple streams of leads. If you have one lead source, you risk disruption. You need to not be over-reliant on one lead source. Multiple streams of leads mean multiple streams of income. Generate multiple leads and income by leveraging social media, advertising, and collaborations. Focus on marketing Marketing is the single most important function of any business. If you do not focus on marketing for at least half your time then you are not going to grow your leads, clients or revenue. Hire more revenue-generating staff. These people may include, marketing people, salespeople or affiliates. The more revenue-generating staff that you have means the more revenue you have. Get a mentor who’s broken through the ceiling you’re hitting in your business. Talk to them to find out how they overcame this, the mistakes that they made, what you could leverage that they also have done. Work smarter not harder. Sometimes you may think that the harder you work, the better it will be. However, sometimes, this is not the case as it could cause you to burnout, push partnerships away or lose consistency. Therefore work smarter by leveraging before you manage, manage before you do, think rather than hustle and plan. Admin support. If you are spending a large proportion of your time doing admin what you cannot then do is focusing on key life areas or income-generating tasks. Admin is required, however, it doesn’t mean it is required by you, get a PA and outsource the admin so that you can focus on the income-generating tasks. Leverage. Leverage social media platforms, staff, systems, mentors and social media. By leveraging your social media platforms you are able to reach a huge amount of people over time after building up a following, making it hugely profitable since at the moment all social media is free. Collaborations and joint ventures. Collaborate with somebody that has an existing brand and existing customers and you can gain exponential growth from that partnership. Create a new product. Could you do something different? Could you give your existing customers a new product? Could you create a more improved version of your product or service? Master your emotions. Manage your emotions by not taking rejection badly, not lashing out when things don’t go as you hoped. Get back up after a fall and do not let your confidence be hit. These are all sorts of things that you need to be able to do to master your emotions. To do this you need to have a word with yourself, breathe it out and move on from it.   BEST MOMENTS “Learn from the mistakes of others and not yourself” “If you put your life into context then your challenges are not as bad” “Not enough people focus enough on marketing”   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

Rob wants to ask you this question; How much cash could you make in 8 days if you had support, instructions, accountability, competition and prizes? Rob is about to launch his 4th revision of the 8-Day-Make-Cash challenge in his Facebook supporters programme! The winner of the last challenge did £35k in cash-in-bank sales and others were raising 6 figures in joint-venture finance! To join the challenge you need to head over to Bit.ly/Robsupporter and join Rob’s supporter programme on Facebook! Once you are a Supporter, you will have access to his challenge content when it starts in a few days! All of the previous challenges resources, videos, plan of actions are already available in the supporters group!   VALUABLE RESOURCES https://Bit.ly/Robsupporter 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

Have you ever seen a brilliant opportunity slip out of your hands because you couldn’t come up with the cash in time? Well, join us today as Rob Moore gives you expert advice to ensure that never has to happen again! Rob looks at 14 different ways you could make up to £50,000 in just one week using his tried and tested top tips that you don’t want to miss! KEY TAKEAWAYS 14 ways to raise £50,000 in a week.   Getting resourceful- tap into the resourcefulness that you have. Raising money in a short amount of time is about being resourceful, creative, resilient and persistent. Join all industry-related groups on Facebook, LinkedIn or any online forums and post really good content one to two times a day, for five days. Create a slide deck or a short video pitch of what you are going to give someone for the 50 thousand. Go to London, and attend as many business networking events as possible. Message everybody that you know on social media. Including friends, family, colleagues from the past and present. Message everybody, you know on Whatsapp using voice notes. The more people you contact the more people are potential lenders. Reach out to brokers and money lenders and see if you are able to get a loan from them. Apply for a loan through the bank. Remember, you have to repay the loan as well as the interest. Create a joint venture or some kind of partnership proposal. Go to all the London property meetups. There will always be wealthy people there looking to get a return on their money. Going to charity balls and general events where you can network with wealthy people. Find a common interest with somebody, build a rapport and then give them your pitch. Create a new product and do a shotgun launch. Pre-launch and promote the product in the first few days, then launch the product at a starting price for the remainder of the week and then close it down, to make quick money. Call all your existing clients and re-pitch. Find out their feedback on the existing services you are offering them, use their feedback to create a new package at a higher cost. Call all your existing clients and ask them for referrals. Ask them for three people they know who are in a similar position to them that can benefit from your service.   BEST MOMENTS “Raising money in a short amount of time is about being resourceful, creative, resilient and persistent.”                 “If you had a week to save your kids you would leave no stone unturned” “There’s always a cost to raising the money, you’ve got to know that”       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

How can I save money? How much should I be saving? These are the questions that many people ask themselves because they’re not saving anything. It can be hard to save money each month from your job or business each month, but simply by learning these 12 quick and effective tips you can start right now. So if you’re looking to save more money and achieve more freedom, this is the episode for you. KEY TAKEAWAYS These are 12 quick, simple, effective tips for you to save and make more money. Any money you owe, especially tax in the form of VAT or Corp tax or personal tax or big bills, you should hive off into a separate bank account. There is nothing worse than having a current or savings account, thinking you've got a lot more than you have, therefore spending or budgeting too much, and then you have this massive bill every quarter. Spend and break notes. This makes you feel like you've got less money than you have. And so unconsciously motivates you to go and make more money, you save more than you realize because you can put all the coins in a jar and do not realize that you are still saving, and before you know, you have saved a lot of money. The next thing then is getting a credit card like American Express, where the rewards are really good. American Express has air miles and often get a couple of First Class seats, and maybe three Business Class seats and you don't spend more money because that is the trick that they're kind of trying to lure you into. If you're spending a bit of money every month, get an Amex card or British airways. The next thing is when you go out there and you see nice clothes, make sure that you then wait for the 40% sale or the 50% sale or the 60% sale, waiting for them to go into the sale. Now and again, it's nice to treat yourself and buy something special but wait for the sale because it saves you a lot of money. Sometimes it's better to buy quality but buy them in the sale. Every birthday, every Christmas, every anniversary, anytime anyone buys you anything request either vouchers or things that you would value. Go around your house every three to six months and have a regular clear out, set all the good stuff on eBay and anything that you don't think you're going to get much, go and take it to the charity shop, exercise the law of vacuum prosperity, which means if you want to create more into your life, you have to create a void to do that. So get rid of the hoarding, get rid of all the stuff. Have a direct debit and on the day you get paid or the day after probably safer is save and never touch money and pay yourself first money and investment money and hive them off direct debit into different accounts because most people are paying themselves last and there's never anything left because they're paying all their bills and expenses. Max your ICERs every year, your ICERs through your tax-free savings allowance. That's about 15 grand a So make sure you put money into that every single year. If you have any trips, maybe you want to go away and see some places but you could do a public speech or you could do a property trip and you could merge it in with your business as well, then you could offset a decent amount of that. The next thing is only to buy assets or liabilities that don't go down too much or at least holding value. So try and merge your passion and profession. Money bucketing system, which is all your income streams and all the different expenses and savings investments you have, how to apportion as a percentage of your money across them to maximize your growth and your compounding. BEST MOMENTS “There is nothing worse than having a current or savings account.” “When you think you have less money than you think you have, you go out and push to earn more money because you have this vacuum law of prosperity where you have a void that you feel that you need to fill and you go and hustle a bit more.” “Don’t leave huge amounts of money in your current account or even a one savings account because there are some pretty elaborate money schemes and scams at the moment.” “Cheap stuff is more expensive because you're replacing every two or three months.” “Sometimes it's better to buy quality but buy them in the sale.” “I'd rather not be bought anything than buying something that's going to be wasted or not used.” “Pay yourself first.” “Preserve capital at all costs.” VALUABLE RESOURCES Book called Money by Rob Moore 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

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

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   

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

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

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 

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