Money Grows on Trees

On this episode of Money Grows on Trees: The Podcast, host Lloyd Ross welcomes guest Simon Beard, a successful entrepreneur with a fascinating journey to share. Simon begins by recounting how a business assignment in grade ten ignited his passion for entrepreneurship. Inspired by his neighbor, Big Kev, Simon set a goal in year ten to become an entrepreneur and never work a regular job.

After finishing school, Simon ventured into selling electronic items from China at markets. However, he initially faced zero sales due to a lack of active selling and customer connection. Realizing the need to learn sales techniques and connect with customers, Simon followed a pattern of buying products, putting himself in a corner, and then learning how to effectively sell them.

Simon's journey took an exciting turn when he invested in a public company and listed it on the share market. He also acquired brands like Princess Polly, experiencing both initial setbacks in the share price and eventual rises. His constant checking of the share price and calculations of his potential worth, which he believed could exceed 500 million, highlights the rollercoaster ride of his entrepreneurial journey.

During the COVID pandemic, Simon built an online business and discovered the importance of physical interaction in building a culture. He mentions an upcoming event and encourages listeners to attend. When asked for his number one piece of advice for aspiring entrepreneurs, Simon emphasizes the significance of building an audience as a valuable asset. He discusses the importance of personal branding, sharing valuable content on platforms like Instagram to establish goodwill and equity.

Simon also emphasizes that having a large audience is a powerful asset, regardless of actively monetizing it. He expresses a desire to support others who have implemented his teachings and built successful businesses. Mentorship and personal development are crucial to Simon, who emphasizes the significance of having the right people around and taking action on knowledge gained from books and courses.

Simon shares his experience of working with Jordan Belfort, highlighting the importance of mentorship and the need to take action, not just read books. He mentions using the tool Chat GBT to test his understanding of concepts from books through multiple-choice questions. An impactful encounter with Peter Hedge helped Simon overcome his ego barrier and make sound business decisions, leading to a significant deal valued at 600 million.

Simon reflects on the challenges of adapting to the public company environment and his desire to step back from day-to-day operations to become an investor. He believes that AI, specifically Chat GPT, will revolutionize everything and wants to adopt a hands-on approach to learning about it. Simon also shares an anecdote about a missed opportunity involving a waterproof camera case, ultimately leading to the introduction of GoPro founder Nick Woodman.

Throughout the episode, Simon's enthusiasm for entrepreneurship, mentorship, and continuous learning shines through. Listeners are encouraged to take action, build their personal brands, and leverage their audience as valuable assets. The episode concludes with Simon's excitement and curiosity about the potential of AI and his dedication to staying hands-on in his entrepreneurial journey.

Money Grows on Trees Team

On this episode of Money Grows on Trees: the Podcast, host Lloyd Ross dives into the topic of leverage and its role in increasing wealth and success.

With over 130 episodes on finance, money, and entrepreneurship, Lloyd emphasizes the importance of systems leverage, allowing individuals to access valuable information without the need for direct presence.

He highlights the underutilization of social media as a tool for audience building and networking, criticizing the lack of message delivery and connection with others. Lloyd discusses the two types of leverage: people leverage and systems leverage. He stresses the importance of not wasting time created through people leverage and explains how software and systems can automate repeatable tasks.

While not referring to financial leverage, Lloyd cautions against relying solely on borrowing capital. By sharing personal anecdotes and examples, including Warren Buffett's early entrepreneurial ventures, Lloyd demonstrates the power of leverage in amplifying time and increasing profit.

He provides practical advice on implementing systems leverage in both personal and business contexts, urging listeners to delegate tasks and embrace technology and software to save time and be more productive. Join Lloyd as he explores the mindset shift from "I don't have time" to "I don't have leverage" on this enlightening episode of Money Grows on Trees: the Podcast.

Money Grows on Trees Team

Do you know the 6 simple ways that are keeping you broke?

Well here is the Millionaire Money Mentor Lloyd Ross to talk about the ways so many people he’s helped have kept themselves from the wealth they deserve!

This week he breaks down the 6 Simple Ways to Stay Broke!

Money Grows on Trees Team

On this episode of Money Grows on Trees: the Podcast, Your Millionaire Money Mentyor Lloyd Ross dives into the common cause of divorce - finances.

Our host, Lloyd, a former lawyer turned lifestyle entrepreneur, explores the importance of having a healthy financial relationship with your partner. He emphasizes the need for a joint account for shared expenses but also encourages each partner to have their own individual accounts.

Lloyd stresses the need for open communication between partners about money to avoid disempowerment and to grow together. Purchase the book of the same title is available on lloydjross.com. Don't forget to subscribe and leave a review on iTunes and reach out to Lloyd on Instagram at lloydjamesross for more practical money lessons.

The Debt Ceiling has been in the News lately and the question on everyone’s lips is “Will America Default on its Debt?”

Well, Luckily The Millionaire Money Mentor Lloyd Ross is here to answer that question on his Award-Winning Podcast “Money Grows on Trees: the Podcast” so that you can stay informed!

Make sure to comment on Lloyd’s Instagram with your Questions!

Money Grows on Trees Team

What would you do if you had the opportunity to talk with the co-author of the book that changed your life?

Well, this week your Millionaire Money Mentor Lloyd Ross sits down with Sharon Lechter the co-author of Rich Dad, Poor Dad, author of Think and Grow Rich for Women and a multitude of other books to answer questions he’s had since he read Rich Dad, Poor Dad.

Join him as he finds those answers as well as learn about Sharon’s latest projects. Find the links to those below!

Links for show notes:

https://sharonlechter.com/

https://success.sharonlechter.com/personal-success-equation

https://atm.sharonlechter.com/

Money Grows on Trees Team

Is investing in a house the best way to plant your Money Tree?

This week your Millionaire Money Mentor Lloyd Ross helps to provide you with more information so that you can make that decision.

Sharing the stories of his students and friends he arms you with the knowledge you need to decide Should I Buy a House?

Money Grows on Trees Team

What is the Marshmellow Test?

How can a test that was conducted on Children in the 1970s be an indicator of Success?

Well, this week your Millionaire Money Mentor Lloyd Ross will break down the science behind this experiment and how it can relate to your success in the future!

Join him for another amazing episode of Money Grows on Trees and make sure to sign up for Lloyd’s newsletter to make sure you can increase your financial literacy between podcast episodes!

Money Grows on Trees Team

How to Dig a Money Well? That is one of the smartest questions you could ask yourself.

The second is what is a ”money well”?

If those two question interest you then this episode of the Award-Winning Podcast “Money Grows on Trees” hosted by your Millionaire Money Mentor, Lloyd Ross, is the episode for you.

Lloyd will go over what is a Money Well and how you can start digging your own!

Money Grows on Trees Team

Do you feel that money just slips out of your bank account?

Or you’ve told yourself you are “bad with money”?

Well, your Award-winning Podcast Host and Millionaire Money Mentor Lloyd Ross is here to get you to change your mind with The Unknown Truth about Money!

Uncover the secret to the actual truth about Money!

Money Grows on Trees Team