"I Fast-Forwarded My Life 10 Years”: How Geo-Arbitrage 3X’d My Wealth and Changed My Life

Moneywise

Hampton

Business, Entrepreneurship, Investing

4.8 • 674 Ratings

🗓️ 25 February 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

What if you could fast-forward your financial goals by ten years just by moving abroad? That’s exactly what entrepreneur Rob Hoffman did when he relocated to Colombia, where his $3M net worth stretches as if it’s $9M. Rob, a member of the Hampton community, shares how he built a successful marketing agency while living in Medellín. Once an anti-capitalist hippie, Rob’s journey took him from hitchhiking across Canada to scaling a business with $3.6M in annual revenue—all while crafting a lifestyle-first approach to wealth-building. In this episode Rob explains: The pros and cons of living abroad for financial and personal freedom. How to build a thriving business while reinvesting savings at an accelerated pace. The ethical considerations of leveraging geo-arbitrage and giving back to your adopted community. Rob’s story isn’t just about money—it’s about finding a life that feels authentically his. Listen in to hear how he’s navigating wealth, culture, and a path toward financial independence. This is Moneywise, a podcast where hosts Harry Morton and Sam Parr are joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits. Who is Harry Morton? Harry Morton is the CEO of Lower Street, a company specializing in premium podcast production that he founded to transform brand narratives through audio storytelling. His expertise has made Lower Street a leader in the podcast industry, working with diverse clients from startups to Fortune 500 companies to enhance their market presence and audience engagement. Who is Sam Parr? Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022. Check out Sam’s Companies: Hampton Sam’s List This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups. Chapters: Rob's Early Life and Financial Discipline (02:11) From Journalism to Entrepreneurship (03:31) Moving to Medellin and Starting a Business (06:23) Living Frugally in Medellin (07:36) Business Growth and Financial Success (09:55) The Ethics of Geo-Arbitrage (20:27) Conclusion and Final Thoughts (25:50) This podcast was produced in partnership with Lower Street and distributed by Morning Brew.

Transcript

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0:00.0	If I stay in Colombia, I can jump ahead in life, financially, lifestyle-wise, like 10 years.
0:14.2	I'm going to level with you. Today's guest isn't a billionaire. He isn't worth 100 million.
0:19.7	He's not even at 10 million yet.
0:21.8	My net worth is probably close to $3 million. But stay with me here. Because first of all,
0:27.5	let's keep it in perspective. To be worth over a million dollars still makes you very well off.
0:32.1	And second, well, it's kind of worth triple that. Check this out. Rob Hoffman is an entrepreneur from the Hampton community.
0:39.3	He moved to Columbia to stretch his dollars while building a business.
0:42.3	Rent in my neighborhood was $50 a month.
0:45.3	At first, he thought it was temporary, but even after his company took off, Rob chose to stay.
0:49.3	And he's made a lifestyle and a financial playbook that's worth learning from. This is the story of
0:54.4	how he did it, the upsides and the downsides of geo-arbitrage life, the ethics of benefiting
0:59.8	from a cheaper currency, and also how he went from anti-capitalist hippie to a thriving entrepreneur.
1:05.9	I'm Harry Morton, and this is Money Wise. This isn't just another podcast about how to get rich,
1:10.5	this is a show about
1:11.2	what happens once you've already made it. We get more honest and vulnerable than honestly,
1:16.1	probably any other podcast out there. We share the real numbers and the emotional journey of
1:20.5	building wealth and the changes it brings your life for better and for worse. Oh, and I just
1:25.3	mentioned that Rob is a member of Hampton. That's the community
1:27.9	of high net worth founders that I'm a member of and that makes this podcast. That's how Rob and I
1:32.3	got connected. And if you want to have conversations like this in a private, highly vetted
1:36.2	community, you've got to go and check out joinhampton.com. All right, let's get to it.
1:45.0	Stories of founders living frugally or scraping by in the early days are a dime a dozen.
	...

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