The myth-busts, hot takes, explainers, and tools worth keeping.
“Most people's definition of that is it's a business that's going to give me money I haven't got to do anything.”
“real definition of a passive business is it's going to cost you either time or money or combination of the two”
“The three F's. Friends, families, and fools.”
“So, a lack of money or certainly a small amount of money at the start is actually a bit of a superpower because it makes…”
“I actually think too many people go to university.”
“what I think is a lost part of our generation now is the people that go that could have become plumbers, electricians, carpenters, which then…”
“What's the worst that can happen when you're 20? This is the thing I can't seem to get through to a lot of people.”
“You've got all your life ahead of you to restart something else.”
“Try and improve your life and your experiences every year.”
“But dying with zero, I don't like the idea of that. I like the idea of generational wealth.”
“we interview interesting people because they're interesting, not because we agree with them 100%”
“take what you can, learn what you can, and that's how you move on”
“Well, if you want to boil it down to really the brass tacks, it's buying something and selling it for a profit.”
“a side hustle essentially is a business and no one's scared or very few people are scared of a little side hustle, but they're scared…”
“as you become better off, it affords you just those better ways of doing things, the better hotel, the the better travel”
“Obviously, it is a diminishing return, but you can also buy back a bit of your time as well.”
“Took it to um the bank manager and he turned me down flat.”
“gave him the business plan, spoke about it. He went, yeah, I want to back you. He said, I'll be your first customer.”
“I took a sleeping bag and put it in the back of the van I had because if I didn't take any money, I wasn't…”
“And if you're going to do anything, commit.”
“Because doing a lot of different jobs, you do find out what you don't like.”
“So, I I think taking a year away to find out what you don't like is a great way to do things.”
“I like to buy. I not only like to buy, I like to buy and pay off.”
“your key property you live in, buy it, own it, get it paid for. It can't be taken away from you.”
“You can't keep asking for advice and not taking action.”
“You can read 100 books, but if you don't take action, what's the point in reading all those books?”
“Once you can afford to buy your time back, 100% that's what you should be doing.”
“And within my business um or businesses, there's not one job I haven't done”