Description

In this episode, Joel sits down with Ben Knight who is the founder of The Trade Tribe, which simplifies and systemises trading to the point where even an extremely busy entrepreneur can find to do it successfully. Ben explains how he got started in business, going from being 50k in debt to owning his dream home and car. 

As well as explaining why and how he founded The Trade Tribe, before sharing examples of the experience his coaching clients have. Finding success by following his approach which is ideal for busy business owners because once set up, it typically takes 5 minutes a day to maintain.

KEY TAKEAWAYS

• It is possible to trade successfully, by setting things up so that you spend as little as 5 mins a day doing it.
• There is no need to settle for being the cog in the machine we are taught to be, from primary school.
• Your money does not go on holiday, get sick or need sleep. You can have it working for you 24/7 earning you more.
• Money does improve things. Having enough gives you choices. For example, you can offload all the things you don't like doing.
• Investing in yourself includes spending money on things that make your life easier e.g., getting a cleaner.
• Invest enough money to keep you interested. Most people won't pay enough attention to an investment if it is only £200.
• Never invest more than you cannot afford to lose.
• Tap into the power of compounding, by reinvesting most of what you make. 
• Much of the fear is generated by the media.
• Ben provides his clients with a checklist. Enabling them to quickly assess the suitability of a company for investment.
• Get a coach or mentor and learn from other people's mistakes
• As a business owner, you have assets you can leverage.

BEST MOMENTS

‘Your money will work harder for you than any human ever could.’

‘With five to ten grand I think you will see the sort of returns that would make a difference in life which is worth it.’

‘Either way, you pay.’

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