The Money Podcast

9 Misconceptions About Money


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Rob is being interviewed for a Forbes interview and was asked to cover misconceptions about money, so he wanted to share these with you all too.

KEY TAKEAWAYS 

  1. It’s the root of all evil. Neither money or the love of money is evil, money is neutral.
  2. Profit is the purpose of an entrepreneur and business. Not true, the purpose is to provide value , products and services; profit is the result and reward for doing useful and meaningful things.
  3. Pay yourself last; don’t, it’s important to pay yourself first!
  4. Money changes you. It doesn’t, it simplify amplifies what already exists.
  5. It takes money to make money. Not true at all, there is so much money in the world, you just need to find the people with it.
  6. Money doesn’t make you happy.
  7. Time is money: This is not how you want to be making money, if you simply focus on time then you are selling yourself short and missing out on so much more money you could make for yourself.
  8. Save your money to wealth: In modern society this simply isn’t the right thing to do, your money will lose its value over time when instead it could be making you richer.
  9. Cash is king. Cash is not king, cash flow is king!

BEST MOMENTS 

 “The more you learn the more you earn, but also the more you unlearn the more you learn!”

“The root of all evil, is humanity”

“Profit is the outcome of good work”

“A task is money, but time is not”

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter

https://robmoore.com/podbooks

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

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