#37 Business trip across Europe and America

The Invest In You Podcast is back and they are on the road with an episode live from London. Fredrik and Charlie look back at what they have learnt on their recent business trip which took them from Sweden to Boston via Germany. They share some key learnings picked up from the conferences and events they’ve been to while on the road. In a special announcement Fredrik and Charlie reveal and preview an exciting new book project they are writing together entitled “How To Make Money As A Teenager.” Key Takeaways Being Productive Under Stress. You can still be productive when you’re under stress or travelling. Create effective routines and implement deadlines, even if they are fake deadlines, as a way of increasing your productivity despite your busy schedule. “How To Make Money As A Teenager” is a new book project which will be targeted at teenagers but applicable to everyone. It will look at various practical ways teenagers can start to earn money, and develop as entrepreneurs.   You Might Have To Unlearn What You Have Already Learnt. Get into the right mindset before approaching the task of earning more money, be open to learning something new and be prepared to unlearn things that might not be as helpful. The concept of YOLO, (You Only Live Once) is used as a guide to always strive to push yourself. Multiple Income Streams. The importance of having multiple incomes. As a teenager, you might have some money from your parents in the form of pocket money. But how can you create other income streams? For example, your hobby or other skills, so that you are able to become financially free sooner. Life Hacks. The book will detail a series of Life Hacks which are applicable to all ages, giving case studies in how you can learn best, how you can apply those things in your normal life and what you can learn from them, as well as other entrepreneurial skills. How To Make Money? This section looks at the raw ways you can make money. How can you best invest in assets to create effective passive income? Income that requires little to no direct interaction from yourself. Selling and utilising social media are important aspects of generating income and are essential skills to master. Controlling Your Cost. Ensure that you control your costs and keep your expenses under control. An aspirational goal is saving 40% of your income in order to invest in your future effectively. Making some sacrifices now can be really effective in helping achieve your long-term dreams. Best Moments ‘All prices are made up’ ‘Buy high, sell even higher’ ‘Cash is trash; cash flow is king’ ‘I love to give value to others’ ‘You’re never too early or too late to learn.’ ‘You might have to unlearn what you have already learnt.’Valuable Resources Mark Wright - ‘The Apprentice’ Winner Episode #35: Voices From Harvard Business School on Life Long Learning Episode #36: Different Peoples Thoughts About Negotiation, Harvard Business School Rich Dad Poor Dad By Robert Kiyosaki About the Host Serial entrepreneurs Fredrik, Charlie and Ivan Sandvall love sharing ideas and interviewing world-class entrepreneurs and influencers. Invest in You is about investments, entrepreneurship personal development and doing fun things. They hope to inspire you to take action, helping others and yourself plus enjoying the journey we call life. Contact Method Fredrik Sandvall fredriksandvall.com linkedin.com/in/sandvall/ https://www.facebook.com/FredrikinLondon/ @FredrikinLondon Invest In You Facebook Page https://www.facebook.com/groups/1nvestinyou/ Charlie’s Youtube Channel: https://www.youtube.com/channel/UCRYA8B8P29M-OzUrpfiP5Iw