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Disruptors

Alfie Best: Billionaire Gypsy Talks Building an Empire From Zero

Disruptors

Rob Moore

Careers, How To, Business, Self-improvement, Society & Culture, Marketing, Investing, Education, Entrepreneurship

4.81.4K Ratings

🗓️ 17 October 2022

⏱️ 82 minutes

🧾️ Download transcript

Summary

Alfie joins Rob again to talk openly and candidly about life as Britain's richest gypsy! He also gives his unfiltered opinions on business, money, politics and more. Alfie Reveals to Rob: His ‘billionaire’ status Dealing with debt Why entrepreneurship and entrepreneurs need to be more public His thoughts on Crypto How real wealth works Also featured… Why success is frowned upon in the UK Asset classes and the depreciation of cash BEST MOMENTS “You’re giving so much credit and you’re doing a lot more than podcasts, what you’re doing is that business is real in this country and should be celebrated” “Money is the biggest con in the world” “If we’re not careful, this will be the worst recession we’ve ever seen” “All money is based on universal trust” “You never know someone else's problems” VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team 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   See omnystudio.com/listener for privacy information. disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Transcript

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0:00.0

Don't hang on to the negatives or concern yourself about somebody else's view that you can move on from

0:08.4

Alfie, how do you feel about the term the media give you as Britain's richest gypsy?

0:14.8

Any PR is good to do. So whatever, you know, tomorrow I'll be rich and poor as gypsy. Who knows, you know, but

0:25.2

it's

0:26.6

if that's the tagline that they're using, I'm happy to accept it.

0:31.8

And there's rumors that you're a billionaire. They're all calling you a billionaire, is that true?

0:37.3

Right, let me tell you the complete truth. Our company on last count and I keep a running chart,

0:46.4

I live in the real world. So I actually state and work out what we have if

0:54.6

the fan fails. That's a polite way of putting it. And as of yesterday, our value was £805 million

1:06.5

worth of assets. That's property, helicopters, boats, that's everything. That's the whole shooting

1:16.8

match. Yeah. Now, and we have £85 million worth of debt. So that's our debt. So if you

1:28.0

minus that down, we're at sort of £725 or £720 million. The reason that they get to a billion

1:36.5

pounds is because I don't add the goodwill to our business. So I don't add what the value

1:43.7

really is of our business now. If you take, for instance, that our business is gross,

1:51.3

not profit. The profit was like £22 million. The growth of the business year on year

2:00.6

for the last five years has grown by 70 to 75 to £80 million every year. How that's made up,

2:11.5

and I'm sorry, this is a long answer, but it's an honest answer. As long as you like.

2:15.7

But it's an honest answer, because I think it's important for entrepreneurs and for business

2:21.7

people to know on how you value your business. Now, when you're selling your business,

2:27.5

you value your business at times income, but not only on times income, what the asset base is worth,

2:35.4

and on top of that, what the growth profitability is for the future. Those three things come together.

2:43.7

Now, if you add our company at a growth of £80 million per year, that would put the value at

...

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