I consider myself a very risk-averse investor. I have made a few investments in the past that have either fizzled-out of the air (i.e., a real estate developer who ran away with my hard-earned money), or the ROI (Return On Investment) did not perform as good as it was originally presented (i.e., a restaurant business that had frequent problems on accounting and book-keeping). However, I also understand from reading “Rich Dad, Poor Dad” by Robert Kiyosaki, that if I wish to be financially stable and independent, I will need to invest a portion of my monthly salary and/or savings in something else that will generate me more money. I have also learned that I need to take myself out of the equation from earning money. What this means is that I need to create other income streams that do not depend primarily on ME — like on how many hours I spend working in the office, whether or not I get a significant annual pay raise, or get advanced to the next level. People who do so become very dependent on their jobs because it is their primary and only source of income to support all their life expenses. And true enough, their job becomes critically important, such that everything starts revolving around it, and sometimes at the expense of family, marriage, one’s passion or special interests, and other life commitments.
Back to investing. So when the golden opportunity came-up to interview Matt Lloyd, CEO and Founder of MOBE (My Online Business Education), a $100 million online marketing company, I asked him, “Why should we invest in MOBE and what makes it different from other online marketing businesses?” Watch my full interview of Matt Lloyd below. Leave a comment and let me know if you are interested about joining MOBE and wish to learn more about it. Thanks and see you soon!