Timur Turlov: 33 Year Old Russian Billionaire Entrepreneur & Investor [Business, mindset, entrepreneur, disruptors]

Disruptors

Rob Moore

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

4.8 • 1.4K Ratings

🗓️ 22 November 2021

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

There aren’t many companies that double their size every year and in this episode, Rob speaks to young billionaire Timus Turlov who has done just that with his business Freedom Finance. They talk about his story to success at such a young age, why company culture is so key in business and why he feels he has tremedous responsibility to his investors, his employees and his customers. KEY TAKEAWAYS Timur started his business in 2008, before he had even finished studying! Freedom Finance is an investment company that Timur built with co-founders, sourcing 100 thousand dollars. Company culture is essential to Timur. He has a big family and relationships are important to him and he wants this to translate to Freedom Finance too. He attributes these strong relationships and the culture he has created, to Freedom’s overall success. Timur sees himself as an entrepreneur as he does a lot of the ‘doing’ in his company. He is there to inspire his employees, he is not just an investor. It is concerning to Timur the amount of people who do not understand the current world financial system. This is why he worries about cryptocurrency currently. Your reputation and time is much more valuable than money. If you have a strong reputation then it’s easy to find money. If your reputation is very bad, no money will help your business survive. BEST MOMENTS “Our industry is booming, we are growing incredibly fast” “I don’t believe in a crash when they can print so much money” “If your reputation is extremely weak, no kind of money will help you survive” [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

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0:00.0	If you have a strong reputation, you could be able to raise any amount of money that you need.
0:05.1	If your reputation is extremely weak, no kind of money will help you to survive in the business.
0:12.7	Hey everyone, thank you for joining the disruptive entrepreneur.
0:17.0	I'm very pleased to have an unbelievable guest here today. Now, I'm going to record his intro post
0:24.8	edit because I want to get straight in. Now, Timor, thank you very much for being on the show.
0:30.8	Thank you for your invitation. Now, your story is amazing.
0:36.4	33-year-old billionaire is quite an astonishing achievement. And from my research,
0:43.5	I understand that you started your company Freedom Finance in 2008.
0:50.8	And before you finished college, and you pulled $100,000 with your co-founders.
1:00.4	So, is my research correct? And how did you turn that into billions of dollars so quickly?
1:10.7	We're doubling our business many, many, many times before we come to this point.
1:21.2	And last year, we also doubled it again. At this moment, we are running half a million brokerage
1:30.7	accounts in former Soviet Union countries, and Western European countries,
1:36.7	and servicing lots of institutional customers. And all of this came from our ad dream to provide
1:47.5	a DMAX to the US stock market as a key capital hub in the world. Because I
1:55.9	started my career in 16. Then I moved to the bank at 18. And all the time, I was involved in
2:10.0	trading US stock market as a bank employee, as an investment company employee. And when I
2:19.9	was fired in financial crisis, they made decision just to continue to do the same.
2:26.0	As a small investment boutique in the very late 2008. And that was very tough time to start.
2:33.8	Because a lot of people lost money on stock market, and they was not extremely happy to risk
2:43.3	in the middle of the crisis. But hopefully, in the very soon in the spring of 2009,
2:52.3	stock market started to recover. And recovery of US stock market, we were very aggressive,
	...

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