The Perfect Strategy For Create Recurring Assets & Passive Income [Business, mindset, entrepreneur, disruptors]

Disruptors

Rob Moore

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

4.8 • 1.4K Ratings

🗓️ 3 October 2021

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Now more than ever you need recurring income. In these trying times, of the pandemic, of the economic crisis, there has never been a more crucial time to have multiple streams of recurring income. You need to start creating assets that will continue to help you earn no matter what happens. Secret Leaders Podcast Listen Now https://podcasts.apple.com/gb/podcast/secret-leaders/id1229438369Learn what it’s really like to be a top entrepreneur and how to get there from founders of startups like Monzo, BrewDog, Jo Malone, Slack, and Lastminute.com KEY TAKEAWAYS There is nothing wrong with money, but you don’t necessarily need it to create assets that will give you income. There are four P’s in creating recurring income:-Personal -Product-Physical Assets-Passive Income Rob likes to invest his time in creating an asset, that he then earns on forever. There are three types of entrepreneur, part time, full time and big time. Which are you? If you can figure this out then you can then focus on the right strategies for you. There is no such thing as get rich both easily and quick. You still have to work. If you work hard now it will pay off further down the line. BEST MOMENTS “Recurring income is where it’s at” “This piece of content can become an asset” “You shouldn’t be work shy” [Business, mindset, entrepreneur, disruptors] 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

Click on a timestamp to play from that location

0:00.0	Oh man, am I excited or am I excited because recurring income is where it's at.
0:06.9	I believe this is one of the most important events we have ever run.
0:11.6	And the reason I believe that is, now more than ever, I believe you need recurring income.
0:19.2	It's funny because I was having my therapy session two days ago. My therapy says,
0:23.0	you never give yourself any credit for what you've done. And did your dad give you credit for
0:28.2	what you did. And I was like, only when I did really well. And she said to me that
0:34.0	I'm always looking to get better and do more and get more credit. And I don't recognize it when
0:41.4	I get it. And I think that's an entrepreneurial trait. And so one of the things our company has
0:49.2	done over the last 15 years has become the biggest training provider in the UK. And of course,
0:54.3	now we're a global training business. And in the last 15 years of doing events for hundreds
1:00.9	of thousands of people, I have never seen a time where having assets that produce recurring
1:09.4	income are more vital, more vital. Like imagine you have a job and then there's the pandemic.
1:19.5	And then you're locked down for a year and you can't earn and you have $20,000 or 20,000 pounds
1:25.6	in savings. That money is going to run out. That money is gone. And then there's nothing.
1:32.5	But imagine if you had assets that produced 5,000 pounds or dollars a month in recurring income.
1:40.4	Then actually you're going to get paid 60,000 pounds or dollars over the year
1:45.7	instead of eroding your cash and your assets are going to still be there. What if you may get made
1:51.7	redundant, you get fired, your company goes bust, there's a lockdown 17.0. All of these things
1:58.0	are very real and now. So if you don't have recurring income, you are at risk. A lot of people
2:06.4	think you need money to invest in assets. Of course, there's nothing wrong with money,
2:12.7	but you don't necessarily need money. There are 13 digital assets, NFTs, cryptos, domain names,
2:21.6	websites, social media channels, subscription sites like Patreon, only fans could job.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Rob Moore, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Rob Moore and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.