S3E21 - Bob Diamond - A roadmap to exit the rat race

Bob Diamond - A roadmap to exit the rat race.

My next guest is a real estate attorney who ran his own practice, worked for a small practice, and worked for a large firm. He came to a point where he was sick of trading his time for a paycheck and realized he needed to figure out a way to create passive income. In this episode, he breaks down the roadmap on how he monetized his knowledge and started selling it through infomercials which lead to selling it through the internet. He breaks down the steps on how to generate leads, create a value ladder, how much to charge, and how to build an amazing team. Now today, he lives comfortably in Puerto Rico enjoying the fruits of his labor. Please welcome Bob Diamond.

Key Timecodes

• (00:55) - Show intro and background history
• (02:02) - Deeper into her background and career path
• (07:06) - The importance of a good network
• (08:11) - How he made his transition to build a passive income stream
• (17:49) - The SaaS business model
• (23:27) - Deeper into his business model
• (30:07) - Ho to create and sell valuable content
• (35:03) - Deeper into his numbers and strategy
• (37:18) - How to couple and sell multiple products that solve people's problems
• (41:46) - A key takeaway from the guest
• (45:45) - The importance of great customer service
• (48:57) - How he elevate his customer service and sales team interaction with clients
• (51:13) - An strategy to make some extra cash
• (52:21) - The advantages of living in a low taxes economy
• (54:03) - How to get help to create a book as a product
• (59:21) - How to provide value to others and build a business from that
• (64:26) - The worst advice she ever received
• (64:47) - The best advice she ever received
• (66:29) - Guest contacts

Payback Time Podcast

Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.