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Disruptors

John Caudwell: Billionaire Phones 4u Founder on How to Go From Zero to £Billions£

Disruptors

Rob Moore

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

4.81.4K Ratings

🗓️ 5 June 2022

⏱️ 64 minutes

🧾️ Download transcript

Summary

John Caudwell is a British billionaire businessman who founded Phones4u. In this episode, Rob and John delve deep into the worlds inequality, what are the causes and what we can do about it as a society. They also talk about the impact of Covid both economically and societally as well as the inevitable environmental disaster approaching us. KEY TAKEAWAYS There has always been inequality in the world but John believes all wealthy people should be part of the solution to inequality. Unfortunately, not everyone sees things this way so they can’t be relied on to be the solution. The internet has accelerated inequality because you can take and idea and make it worldwide. There’s no restriction or barriers to growth. Compared to 30 years ago, customers have incredible value with phones now. Their isn’t the opportunities business wise now that there was, it’s not a business John would get involved in today. Corporation taxes and wealth taxes can work to help society if used properly. But you need to ensure you don’t push rich people too hard or treat them badly, it needs to be fair for everyone. If a single world tax could be agreed, a much fairer world would be created for all. What John struggles with the most is the big corporations that pay virtually no tax yet make billions a year. John believes there was a very different way to handle Covid, society has been damaged irreversibly both economically and societally. It wasn’t an easy challenge for the government but he believes his ideas would have protected the vulnerable more whilst allowing society to continue. John is very active in charity work. He doesn’t ever need inspiration to get involved in anything, it’s just who he is, he naturally likes helping people and gives him pride in himself. BEST MOMENTS “The inequality between the rich and poor is just growing and it’s not healthy for society” ‘The internet has created opportunities beyond anyone’s wildest dreams” “I’m not going to stay and be despised and robbed off all my money at the same time” “Society won’t join forces and join together for the common good…they value a starbucks coffee more than they value a fair society” 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 “Disruptors” “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 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

Saving money will never make you rich. You have to invest your way to wealth.

0:04.0

It's wise to be contrarian with your investments, and as a former artist, I know that art is an outstanding asset class.

0:11.0

Masterworks is the first platform where you can invest in masterpieces by legends like Picasso and Banksy without spending millions.

0:19.0

Already this year, Masterworks has paid out net annualised returns of 10, 17 and 35%.

0:25.0

Masterworks latest exit delivered in annualised net return of 77.3%.

0:31.0

So you can see why Masterworks has 780,000 plus users, but my listeners can skip Masterworks waiting list right away.

0:39.0

Just go to masterworks.art forward slash disruptors. That's masterworks.art forward slash disruptors.

0:47.0

And a massive thank you to Masterworks for sponsoring this episode.

0:53.0

I would just like to see all billionaires join the giving pledge. And so, billionaires then would get a better ride.

1:01.0

John, our billionaires are part of the problem for inequality, or are they the solution for inequality?

1:08.0

Oh my gosh. And you expect me to answer that intelligently?

1:12.0

Look, there's always been a huge inequality and always will be.

1:20.0

And you make massive money out of something like Amazon or Tesla.

1:25.0

And I'm not saying those people don't deserve to make that money, but what monstrous inequality?

1:30.0

I think those people should be part of the solution for putting back in.

1:35.0

In fact, I think all wealthy people ought to be part of the solution for putting back in.

1:40.0

That's why I joined the giving pledge. It's why I've played 70%, not just 50%, but 70% of my wealth.

1:46.0

It's why I spend most of my life trying to help other people. But not everybody's like me, you know, other people are different values.

1:53.0

Some people are just very hedonistic and it's all about personal pleasure.

1:57.0

So I'm afraid the billionaires will never be the solution because some of them are very greedy and want their own, you know,

2:05.0

we just want all their own pleasures and not too worried about other people.

2:09.0

But some of the billionaires, and look at to get some profit, you know,

...

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