The Disruptive Entrepreneur

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 lia