9 Ways to Manage Cash Like a Billionaire [Business, mindset, entrepreneur, disruptors]
Disruptors24 Kesä 2018

9 Ways to Manage Cash Like a Billionaire [Business, mindset, entrepreneur, disruptors]

Welcome to The Disruptors podcast. In this episode Rob explains in detail all aspects of managing finance; these can be applied to both your personal and professional life. Rob takes you through his nine ways to manage money that will leave you more enlightened and confident. It will help you prepare, progress, and achieve your ambitions. KEY TAKEAWAYS (0.57) One of the first rules of managing cash Rob impresses on us is to look after our Capital. He discusses how we all get lumps of money i.e. sell something, salaries, and dividends, then spend it. He says money attracts money and if you erode capital then you have nothing left to draw income from. He explores all the different situations that can arise if we do not either understand or appreciate how important it is to preserve capital at all costs. (03.32) Rob moves onto his second rule of managing cash which is, Capital produces income. He reasons with us if we use capital to invest in assets that produce income, instead of using it on depreciating liabilities, or where we would get a negative return because of inflation, then the assets would allow us to use the income to buy depreciating liabilities. Rob gives us a good example of a standard Mercedes costing £300 per month on a 2/3 year lease and reminds us it might be £35,000 which would depreciate to £20,000 in around 3 years. However if we bought an HMO by using the same capital and raising the money for the rest, it would bring in £500 per month income. Then, instead of using your capital for the £300 per month you would be left with the difference between the income and your asset. (06.03) The third rule Rob passes onto to us is that we cannot be unrealistic about the returns on managing cash. Rob tells us we can get good return on investment, and we can get infinite return on investment. If we put money into property which increases in value then we extracted all our cash back that is an infinite return on investment. When it comes to actual capital we deploy lumps of money, people expect 20% 30% 100% a day, a month, it’s unrealistic and naive. We should expect 5% that is pretty normal too. Rob goes on to explain this in more detail regarding I.S.A.’s, leverage, and the rate of return. (07.18) Rule number 4 is to understand what burn rate is. Most people have no idea of what cash burn rate is. Rob describes to us it is the amount of time your capital erodes, and in business it is usually measured in months. How many months burn rate is how much capital we have, if we made no sales. It’s important to know what would be the total overheads and fixed variables, he asks us how many months worth of capital we would have if we made no sales. Rob gives us another example by telling us if our fixed variables were £50,000 and we had £150.000 in the bank our burn rate would 3 months. Rob expands on this theme further so we can appreciate how important having capital that will cover our burn rate. (09.32) Getting to 0 days. Rob continues giving us another option of looking at getting rid of debt and going into the black. He understands it can be demoralizing trying to get to zero but a target can be a bench mark in our journey; it’s a flag you put in the ground. Rob has people asking him what sort of a target they should set themselves he tells them start at 0 month first then 1 month, 3 months 6 months and 1 year, he says once we have targets set it is going to get us more motivated and focused. Again he gives us examples of how to measure our business needs. (011.07) Cash Flow Cycle. Rob guides us through the cash flow cycle telling us it is essentially the amount of debt or credit days we are in selling our products and services his example is supposing he buys 100 zoom HI’s they sell at £100, he buys them for £50 he says he then has to spend 5 grand. The cash flow cycle is how many days it takes to get that capital back; he is creating a debt by paying for it in advance and if it takes 60 days to sell all of them, that means a 60 day cash flow cycle, 60 days of exposure debt in the business held in stock. Rob continues by going more into depth giving us a great deal of information that tackles the cash flow cycle. (014.41) Spreading and deploying your Capital. Rob informs us it is really important not to have our capital all in one place. As he explains if we had all our capital in one investment and something happened to that investment i.e. regulation, crash, recession, our capital is going to erode. Rob also describes how his financial team is always getting emails and so on, trying to get money saying they are Mark or Rob, so if they had all their money in the same bank, theft could clear them out. When you have cash spread it around into savings accounts and current accounts. (016.16) Drawing vs retained earnings. Rob reveals to us both drawing and retaining earnings describing how profits and dividends can be drawn and what he thinks is best about income and profit. BEST MOMENTS Rob tells us about Dell UK how their revolutionary idea, for example building be-spoke computers meant they had the customers money up front for say 14 days. If you think of that with a million pound company the interest on the held money is extremely high. Rob uses Bill Gates of Microsoft in his burn rate example and tells us how Bill Gates liked to have 12 months burn rate, meaning they could manage without any sales for a year. Rob tells us in his managing cash rule “your capital is preserved in an asset against inflation and you spending it” [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

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Rob Interviews Kabir Sehgal, Best-selling Author of “Coined” on the History of Money [Business, mindset, entrepreneur, disruptors]

Rob Interviews Kabir Sehgal, Best-selling Author of “Coined” on the History of Money [Business, mindset, entrepreneur, disruptors]

On this episode, Rob interviews the author of the book “Coined”, Kabir Sehgal. Kabir is sharing his knowledge of the history of money and he is talking about the definition, purpose and usage of money in our lives.   [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 “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 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

4 Huhti 20161h 6min

Caffeine Cast: Profit is not the Purpose [Business, mindset, entrepreneur, disruptors]

Caffeine Cast: Profit is not the Purpose [Business, mindset, entrepreneur, disruptors]

On this Caffeine Cast episode, Rob explains why profit is not the purpose of business. Profit is necessary but it is only the result of a business. The main purpose is something else.   [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 “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 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

1 Huhti 201612min

Decisions Decisions [Business, mindset, entrepreneur, disruptors]

Decisions Decisions [Business, mindset, entrepreneur, disruptors]

Decision making is a skill that aid us in all areas of our lives. Anything relies on the ability to make decisions. Rob talks about the decision making process and how we can be better at that.   [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 “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 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

28 Maalis 201630min

Caffeine Cast: Get Busy [Business, mindset, entrepreneur, disruptors]

Caffeine Cast: Get Busy [Business, mindset, entrepreneur, disruptors]

Mindfulness, minimalism and 'taking it slow' are fashionable concepts at the moment, but Rob Moore has a practical counterpoint to this way of thinking.   [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 “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 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

25 Maalis 201612min

Rob Interviews Infamous Entrepreneur Gerald Ratner [Business, mindset, entrepreneur, disruptors]

Rob Interviews Infamous Entrepreneur Gerald Ratner [Business, mindset, entrepreneur, disruptors]

Rob interviews the entrepreneur Gerald Ratner. Gerald is sharing his personal story of falling to his lowest point of his career and how he finally recovered again and managed to be a successful entrepreneur. He is also talking about his feelings and lessons learned out of this journey.   [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 “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 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

21 Maalis 201643min

Self Worth is Networth. 6 Simple Steps [Business, mindset, entrepreneur, disruptors]

Self Worth is Networth. 6 Simple Steps [Business, mindset, entrepreneur, disruptors]

Self worth is not absolute. It is different in different areas of our lives. In this episode, Rob talks about self worth and how this affects networth. He gives six simple steps to increase our self worth and grow as an entrepreneur and person.   [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 “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 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

18 Maalis 201633min

Epic Fails & Massive Victories [Business, mindset, entrepreneur, disruptors]

Epic Fails & Massive Victories [Business, mindset, entrepreneur, disruptors]

They say Never Make the Same Mistakes Twice & you only learn from your mistakes. I think that's a one-sided myth: listen to find out why.   [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 “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 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

14 Maalis 201632min

Rob Interviews Controversial Brand Expert BJ Cunningham [Business, mindset, entrepreneur, disruptors]

Rob Interviews Controversial Brand Expert BJ Cunningham [Business, mindset, entrepreneur, disruptors]

In his first live interview, Rob grills brand expert BJ Cunningham. BJ is a best selling author,marketing guru and a successful serial entrepreneur. Notable for founding 'Death Cigarettes' in the 90's and battling the high court over the question 'What exactly is a cigarette?'. They'll discuss what a brand really means, BJ's one key piece of advice for any business, his biggest successes and failures and why above all, honesty always wins.   [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 “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 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

7 Maalis 201639min

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