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Today Rob Moore is well known as an entrepreneur, Investor, Author of 6 Amazon and Audible Bestsellers, Prolific Podcaster, two-time Public Speaking World Record Holder and Founder of The Rob Moore Foundation but he started out as a struggling artist.
When did you decide art wasn’t the right path for you?
I never really turned my back on art, I just caught the property bug and I tasted making some disposable income for the first time. My initial plan was to paint through the night and work in property in the day, and see if property worked for me. I never painted again after that first day, because property saved me from being a hand to mouth artist. I never officially stopped or “retired” from art. I may paint again in the future, but property and business is too much fun for me to want to go back.
What prompted the move into the property sector, and how lucrative has the market been for you?
At the end of 2005, a gallery owner who hung some of my art had been encouraging me to go to a local property meeting. He told me you could get into property with less money than you think.
What has business ownership taught you about money management, and do you get more satisfaction from spending or saving?
Business has taught me the difference between profit and cash flow. You can be profitable but run out of cash, so how you manage cash is possibly the most important factor in business behind sales and marketing (getting money in the bank in the first place).
As you grow if you don’t watch your cash closely you can have a good business on paper, but one big debtor paying late or going bust can break your business.
You must be sharp at getting money in from your debtors and balancing the time lag of paying creditors. Make sure you stockpile cash, do not draw all your profits, leave some retained earnings in to protect against irregular shocks, and also to invest in marketing and growth at the right times.
On your website you talk about truly living – how do you define that term and how do you truly live?
Truly living is doing what you love and loving what you do. Merging passion and profession, vocation and vacation. Having your family involved in work and life, not having a job you want to run away from, and living on your own defined terms. I personally love “work” and it is as much a hobby as it is a profession. Having this work lifestyle, where you can be fully globally mobile, and being around your family, for me is truly living.
Rob lives and loves entrepreneurship and property investing, he runs several businesses and is the host of two successful podcasts. He lives up to his brand and disrupts as an entrepreneur, with interests ranging from property development to public speaking and digital media. He is on a mission to change the way people think about business and aims to support people around the globe through the Rob Moore Foundation.
Rob co-founded Progressive Property – the UK's leading property training company – and Unlimited Success with his business partner, before becoming the host of the wildly successful podcast “The Disruptive Entrepreneur” and now “The Money Podcast”, listened to in 192 countries worldwide. This has grown into a complete digital agency: Progressive Media.
A self-made multi-millionaire by the age of 30, having risen to riches from being heavily in debt in his 20s, Rob has retired and un-retired countless times (one of his epic weaknesses), each time creating a new innovation, vision, book or entire company.
Rob is a writer, communicator, social media influencer and philanthropist. His 8 books have been translated into more than a dozen languages and received over 9,000 reviews (and 200 1* ratings!). He is a highly sought-after public speaker, having given 1,200 speeches in the last decade and held 2 world records for the longest individual speech marathon. He has the rare skill of cutting to the chase, using his personal experience to help others and entertain in a disruptive way.
Through the Rob Moore Foundation, he provides an opportunity for under-privileged individuals, start-ups and small established businesses to gain valuable support, investment and mentorship from some of the best in the business. All his profits from his book Money go to the Foundation.