Today Rob is joined by the international investor, author, and billionaire Jim Mellon. Jim is an expert in fund management, investment, and biotechnology. Together Rob and Jim discuss the impact COVID will have on business, how cycles of disruption are becoming faster and how to use your money for the greater good.
The internet has allowed the flow of information to be so much faster. The effect of that on entrepreneurship is that companies can rise and fall much faster because it is so much easier to start-up companies and therefore allows for greater competition. The internet has also allowed for collaborations en masse.
Covid is likely to be the development of novel technologies, drugs, and therapies to protect older cohorts. This is because COVID is a gerolavic disease as it mainly affects elderly people. The reason why many elderly are dying from COVID is that their immune system is compromised, the process of building up their immunity has been accelerated because we cannot afford to go through another pandemic.
There are three things everyone has got to remember. The first is ‘curiosity’ if you’re going to be successful you have to look at everything and see the opportunity. Secondly ‘application’ is important, apply yourself daily to reach good results. Finally, focus on getting the right business model in the first place, do not try to do too much at once.
Most people who go to university at 18, really don’t know what they want to do with their lives. Generally speaking, University is a good thing, you don’t just learn something which may or may not be relevant to your future endeavors but you also create a large network of people.
There is nothing wrong with accumulating more money as long as you have got good intentions with it and you are not just going to sit on it and do nothing with it or abuse it. It doesn’t matter how much money you have, don’t waste it.
if we are going to get richer, happier, and have more time for leisure and knowledge, then you need to start thinking about what are the great upcoming trends that will eclipse everything we have seen in the past century. Those disruptive factors will have an impact on absolutely everyone, if you think you are in a safe job, you’re not as everything is subject to much faster cycles of disruption than it was in the past.
“Information can never be unlearnt.”
“You make your luck”
“If you want to be successful you have got to work”
“If you go to bed early you will be healthy, wealthy, and wise.”
“For some people that is daunting. For others, it is an opportunity.”
ABOUT THE GUEST
Jim Mellon is an international investor with interests in several industries. After leaving Oxford, where he studied PPE, (Philosophy, Politics, and Economics) he worked in Asia and the United States for two fund management companies, GT and Thornton, before establishing his own business in 1991. His business operations include two components, alisted fund management company called Charlemagne Capital, and an Asian mining group, Regent Pacific. Also, Mr. Mellon is the Co-Chairman of West African Minerals Corporation and Regent Pacific Group. He is on the board of several public quoted companies, including Brazilian Gold Corporation, Charlemagne Capital Limited, Manx Financial Group, Plethora Solutions, Polo Resources, Port Erin Biopharma Investments Limited, and the Speymill plc. He is the life tenant of a trust which owns the Burnbrae Group, which has substantial assets in the biotechnology, financial services, property, mining, and leisure sectors. Mr. Mellon spends most of his time working on startup ideas and investing. His book, “Wake Up!” was published in 2005; his second book "10 Investments for the Ten Years Ahead" was published in 2008. In 2012, he co-wrote "Cracking the Code" which focuses on the biotechnology sector and how to profit from it. Jim lives in the Isle of Man, Brussels, and Ibiza and is an honorary fellow of Oriel College, Oxford.
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller "Life Leverage" Host of UK's No.1 business podcast "The Disruptive Entrepreneur."
"If you don't risk anything, you risk everything."
Rob’s official website: https://robmoore.com/
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