In this episode of Lazy Wealth Creation, Carl continues the discussion on "40 Ways to Make Cash Quickly," diving into various creative and practical methods to earn extra income. Starting with entering competitions and buying and selling domain names, the episode explores unique opportunities like mystery shopping, becoming an extra in films, and selling old games and movies. The host shares personal anecdotes and insights on tutoring, selling photography, and even renting out parking spaces. Listeners are encouraged to consider options like pet sitting, charity fundraising, and freelancing, while also learning about the potential of creating YouTube content and selling personal stories. With a mix of humor and practical advice, this episode aims to inspire listeners to explore diverse avenues for generating quick cash.

KEY TAKEAWAYS

1. Entering Competitions : While not everyone's preferred method, entering competitions can be a fun way to potentially earn extra cash. Websites like Save the Student offer exclusive competitions that anyone can participate in, not just students.
2. Buying and Selling Domain Names : Purchasing domain names can be a lucrative venture. For example, someone bought a domain for Hooters Canada and sold it for tens of thousands of Canadian dollars. This strategy allows for creativity in identifying valuable domain names across different countries.
3. Mystery Shopping : This involves evaluating businesses by posing as a regular customer. Mystery shoppers can earn money while dining out or shopping, and some companies even reimburse for expenses. Various platforms like ClickWorker and MarketForce offer opportunities in this field.
4. Online Tutoring : There is a growing demand for online tutoring in various subjects. Individuals can leverage their expertise to help others, whether it's academic subjects or specialized skills, and can earn significant income by providing valuable services.
5. Selling Photography : If you have a knack for photography, you can sell your images through platforms like Adobe, Getty Images, and Shutterstock. Additionally, selling photos directly to bands or businesses can be a creative way to monetize your skills.

BEST MOMENTS

1. "Entering competitions is not my preferred way to make extra cash, but it is still a way to make extra cash."
2. "Buying and selling domain names... you can buy domain names for 99p right the way up to 10 million pounds, depending on the domain name."
3. "Mystery shopping... they would get paid to do that, and it was like 25 or 30 quid for a visit."
4. "If you're starstruck and you like the movies, become an extra... you get paid for your time and you get free food as well."
5. "Tutoring people online... you can add value in all kinds of places."

VALUABLE RESOURCES

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

This Podcast has been brought to you by Disruptive Media .https://disruptivemedia.co.uk/

In this episode, Carl shares 40 innovative and exclusive ways to make extra cash, catering to various preferences and lifestyles. From matched betting and online paid surveys to mobile phone recycling and affiliate marketing, listeners are introduced to a diverse range of income-generating strategies that can be easily implemented from the comfort of their homes. Carl emphasises the importance of adding value to others and encourages audience engagement by inviting feedback on which methods work best for them. With practical tips and resources, this episode serves as a valuable guide for anyone looking to boost their income and explore new financial opportunities. Tune in to discover the first 20 strategies and stay tuned for the continuation in the next episode!

KEY TAKEAWAYS

1. Diverse Income Opportunities : There are numerous ways to generate additional income, including matched betting, online surveys, and affiliate marketing, allowing individuals to choose methods that suit their skills and interests.
2. Utilizing Technology : Many of the suggested income strategies leverage online platforms and technology, such as using websites for paid surveys, cashback shopping, and mobile phone recycling, making it easier for people to earn money from home.
3. Value Creation : When starting a business or side hustle, it's crucial to focus on providing value to others. This principle applies to creating websites, writing e-books, or engaging in affiliate marketing.
4. Accessibility of Resources : Many income-generating methods are accessible to anyone with an internet connection, such as reviewing websites, participating in online market trading, or selling second-hand textbooks.
5. Long-Term Potential : Some strategies, like self-publishing e-books or affiliate marketing, can lead to residual income over time, allowing individuals to earn money passively as their content continues to generate interest.

BEST MOMENTS

1. "At the end of this video, you are going to be able to apply any one of the 40 different strategies or techniques to make additional income."
2. "Matched betting... will mean that you have a mathematical advantage over the house. So who doesn't wanna take money from bookmakers?"
3. "You can actually do that, and you can do it on something called UserTesting. It's a platform that pays normal people."
4. "Disney are very sneaky... they release a special edition Blu-ray... and then of course, they stop distributing it, just cut it out dead."
5. "If you've got mobile phones sitting in the drawer... you can make so much money from your old phones that are just sitting in the drawer doing nothing."

VALUABLE RESOURCESHOST BIO

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

This Podcast has been brought to you byDisruptive Media .https://disruptivemedia.co.uk/

Sign up to MSOPI Liverpool - https://progressivepropertynetwork.spiffy.co/checkout/ppn-liverpool

In this episode of Lazy Wealth Creation, Carl delves into the world of property as a vehicle for wealth accumulation, highlighting the benefits of investing in real estate. The discussion centers around the Multiple Streams of Property Income (MSOPI) course, created by Kevin McDonald and Rob Moore from the Progressive Property Team, which the host personally endorses due to its positive impact on their own financial journey. The episode explains how property is a well-understood asset class, making it easier to secure financing from banks and investors. The host emphasizes the importance of diversifying investment portfolios and explores various property strategies, including HMOs and serviced accommodations. Listeners are encouraged to attend the free MSOPI course to learn more about these opportunities and to connect with like-minded individuals in the property investment community.

KEY TAKEAWAYS

1. Understanding Property as an Asset Class : Property is a well-established asset class that banks and investors understand, making it easier to secure financing compared to other assets whose values may be subjective.
2. Appreciation Over Time : Real estate typically appreciates in value over time, which can lead to significant equity gains. For example, a property worth £100,000 today could potentially be worth £200,000 in ten years, allowing for refinancing opportunities.
3. Multiple Streams of Property Income (MSOPI) : The MSOPI course offers various strategies for generating income through property, including HMOs (Houses in Multiple Occupation), serviced accommodation, and deal sourcing, providing attendees with a comprehensive understanding of property investment.
4. Networking Opportunities : Attending property training courses like MSOPI not only provides education but also fosters connections with like-minded individuals, leading to potential partnerships and collaborations in the property investment space.
5. Accessibility of Property Investment : Contrary to the belief that significant capital is required to invest in property, it is possible to start with little to no money. The speaker shares a personal experience of starting their property journey with a negative balance, emphasizing that anyone can begin investing in real estate.

BEST MOMENTS

1. "The reason why property works so well for me as a way to gain wealth... is because lending houses, banks, investors, they all understand property."
2. "You could end up very likely a house that was worth £100,000 back in 2025, in 2035 could actually be worth £200,000."
3. "Lazy wealth creation is about you not personally having to... work as hard as you possibly can to earn whatever money it is."
4. "If you're already on the lookout for training... you're looking for something better, you're looking for a better way to do things."
5. "I started minus 45,000 quid. That's my property journey."

HOST BIO

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

This Podcast has been brought to you by Disruptive Media .https://disruptivemedia.co.uk/

In this episode of Lazy Wealth Creation, host Carl delves into the reality of passive income, debunking the myth that it can be achieved overnight. He outlines three primary strategies for building passive income streams by 2025: creating a business, developing a property portfolio, and engaging in affiliate marketing. Carl emphasizes that while these methods can lead to financial freedom, they require significant time, effort, and hard work upfront. He shares personal experiences and insights, highlighting the importance of understanding customer needs and the challenges that come with property investments. Listeners are encouraged to adopt a long-term mindset and to be prepared for the realities of building wealth the "lazy" way.

KEY TAKEAWAYS

1. Myth of Instant Passive Income : There is no such thing as true passive income right from the start. Building passive income requires time, effort, and competence, contrary to the claims of many so-called "gurus."
2. Building a Business : The most effective way to create passive income is by establishing a business that adds value to customers. While it may take years of hard work, once established, the business can operate independently, allowing for more personal freedom.
3. Property Portfolio Challenges : Building a property portfolio can be stressful and time-consuming, often involving unexpected costs and delays. It requires a strong constitution and is not as passive as many might believe.
4. Affiliate Marketing : This method involves promoting products or services through an online presence and earning commissions on sales made through affiliate links. While it can be a simpler form of passive income, it still requires initial effort to set up and maintain.
5. Risks and Pitfalls : Passive income streams are not guaranteed and can be affected by various factors, such as tenant issues in property management or market fluctuations. Building a diverse portfolio can help mitigate risks over time.

BEST MOMENTS

1. "When you start out, there is no such thing as passive income. I'm so sorry. This is a myth that is peddled by these fake gurus."
2. "Building a property portfolio can actually be a very stressful time. I didn't used to have this color hair. My hair used to be beautifully dark brown."
3. "You have to see what value is required to add to people's lives. It's not just about your dreams; it's about serving what the customer actually wants."
4. "The beauty of affiliate marketing is once you've done the work, you can sort of forget it. It will stay there forever, provided you don't get up to no good."
5. "The bigger you build your portfolio, the less risk you find yourself being in overall, typically over time."

HOST BIO

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

This Podcast has been brought to you byDisruptive Media .https://disruptivemedia.co.uk/

In this episode of Lazy Wealth Creation, Carl shares a candid review of their journey with Progressive Property, a UK-based property investment training organisation. The discussion begins with Carl's initial struggles in the property market, including poor credit and a lack of knowledge, leading to their first encounter with Rob Moore, a prominent figure in the field. The host recounts attending various courses, particularly the BRRR (Buy, Refurbish, Rent, Refinance) training, which ignited their passion for property investment and provided valuable insights into deal sourcing and financing options. They also delve into the structure and benefits of the Progressive Academy, highlighting the importance of mentorship and accountability in achieving financial success. Additionally, the episode covers the host's experience as a Progressive Property Network (PPN) host, emphasising the value of networking and community support in the property investment journey. Overall, the episode serves as an honest reflection on the transformative impact of Progressive Property on the host's life and career.

KEY TAKEAWAYS

1. Value of Education and Networking : Attending property courses, such as the BRRR program, can provide essential knowledge and networking opportunities that are often not available through traditional education. Engaging with experienced mentors and peers can significantly enhance one's understanding of property investment.
2. Understanding Market Dynamics : The course highlighted various reasons why properties may be sold below market value, such as personal circumstances of the sellers. This knowledge can help investors identify lucrative opportunities in the property market.
3. Leveraging Resources : The concept of "no money down" investing was introduced, emphasizing that individuals can connect with those who have capital but lack investment opportunities. This approach encourages collaboration and resourcefulness in property investment.
4. Importance of Accountability : Joining an academy or mentorship program provides ongoing support and accountability, which can be crucial for success. Regular check-ins and guidance from mentors can help individuals stay focused and motivated on their investment journey.
5. Diverse Opportunities in Property : The Progressive Property Network (PPN) offers various strategies for entering the property market, including deal sourcing, HMOs, and commercial conversions. Engaging with local PPN events can provide valuable insights and connections for aspiring property investors.

BEST MOMENTS

1. "What we're going to do each episode is we're going to review all of these different gurus and their different programs that we've actually, I personally have attended."
2. "I was like, wow, I did not realize that. And then I came on to the, you know, But I've got no money and they're like, yeah, you've got no money, but you've got stuff that other people are interested in."
3. "For me, the academy was a game changer, but what it does give you is the opportunity to take the day off work and just focus on how can I be financially successful."
4. "If you're going to pay somebody 10 grand to go on Academy, and there are mentors there, you best listen to them. Please listen to them. Do what they say."
5. "Overall, I would say in balance that Progressive lit a fire under my bottom that got me moving in a direction I needed to travel."

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial success.

In this episode of the Lazy Wealth Creation podcast, Carl delves into the world of banking and financial services, focusing on five prominent bricks-and-mortar banks: Lloyds, HSBC, Nationwide, Barclays, and Halifax. Drawing from personal experiences, the host shares insights into the pros and cons of each bank, highlighting customer service, ease of account setup, and overall user experience. Listeners will hear both positive and negative anecdotes, including the efficient service provided by Lloyds for new accounts and the frustrating challenges faced with HSBC and Barclays during account transitions. The episode aims to educate listeners on navigating personal and business banking, while encouraging feedback and engagement from the audience.

KEY TAKEAWAYS

1. Lloyds Banking Experience : Lloyds is generally praised for personal banking services, including a user-friendly app and good customer service. However, there are significant issues when it comes to changing account signatories, which can lead to frustrating delays and breaches of privacy.
2. HSBC 's Mixed Performance: While HSBC has been effective in setting up new accounts and facilitating overseas payments, the process of transferring account ownership has been slow and problematic, taking up to 15 weeks. Ongoing issues with accessing commercial cards have also been highlighted.
3. Nationwide 's Limitations: Nationwide is recognized for its strong personal banking services but does not offer business banking accounts anymore. Their personal accounts come with benefits like free travel insurance, making them appealing for individual customers.
4. Barclays ' Inefficiency: Barclays has been criticized for poor customer service, particularly in the business banking sector. The process of opening a business account was described as chaotic, leading to lost business opportunities due to their inefficiency.
5. Halifax 's Strength in Mortgages: Halifax is noted for its excellent customer service in residential mortgage processing. The efficiency and responsiveness of their mortgage team, along with favorable credit card experiences, make them a reliable choice for personal banking needs.

BEST MOMENTS

1. "From a personal banking perspective, I actually think Lloyds are pretty good... Their app is good. You can do a lot of different transaction searches."
2. "Lloyds are great if you're opening up an account from scratch, but they are absolutely awful... for changing accounts over from one director to another."
3. "HSBC took, I think it was about 15 weeks to change over from one director and shareholder to another... there's a huge disconnect there."
4. "Barclays were quite overzealous... they sat her down in this private room... and in the end, she had to go yelling at them, why are you trying to stop me from getting my money into my business?"
5. "Halifax's residential mortgage process is super... customer service is excellent, but from a Residential mortgage perspective they were absolutely phenomenal."

VALUABLE RESOURCESHOST BIO

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In this episode of Lazy Wealth Creation, Carl delves into the world of challenger banks, providing an honest review of five notable options for setting up a business account. They discuss their experiences with Tide, Revolut, Zempla (formerly Cash Plus), Monzo, and Starling, highlighting the strengths and weaknesses of each bank. From user-friendly apps and invoicing features to customer service challenges and account restrictions, the hosts share valuable insights for entrepreneurs looking to navigate the banking landscape. The episode emphasizes the importance of diversifying banking options to mitigate risks and ensure smooth business operations. Tune in for a comprehensive overview that aims to educate listeners on making informed banking choices for their businesses.

KEY TAKEAWAYS

1. Challenger Banks Overview : The episode discusses five challenger banks in the UK—Tide, Revolut, Zempla (formerly Cash Plus), Monzo, and Starling—providing insights based on personal experiences with each.
2. Tide 's Strengths and Weaknesses: Tide is praised for its user-friendly app, invoicing capabilities, and the ability to set up a limited company for free. However, it has significant drawbacks, including poor customer service and account restrictions due to anti-fraud checks.
3. Revolut 's Reliability: Revolut is considered a solid option for property-related transactions, offering helpful customer service and weekly transaction summaries. However, it has been noted that accounts can be closed without notice, so diversifying banking options is advisable.
4. Zempla 's Unique Features: Zempla (Cash Plus) is highlighted for its ease of use, especially for businesses dealing with cash payments, as it allows cash deposits through the post office. However, customer service response times can be slow.
5. Monzo and Starling Limitations : Monzo is criticized for its slow account opening process and poor customer service, making it less favorable. Starling is recommended for small businesses but may not be suitable for those with multiple businesses or in the property sector due to account restrictions and a lack of understanding of the property market.

BEST MOMENTS

1. "The actual app, when you're using Tide, is quite user-friendly. The features on the app that you will be able to get hold of, they're actually quite useful, too."
2. "One of the disadvantages of Revolut, I would say though, is the time it takes to open the account and the time it takes to go through security verification."
3. "The drawback on Cash Plus Zempla is you have to log out of everything and then go back and start the whole process again. You can't just switch between accounts."
4. "Monzo has been one of the longest times to open a challenger bank account out of all of the accounts that we're going to review."
5. "Starling is very good if you have an account. But if you are a multiple business operator, they can be an absolute nightmare to deal with."

VALUABLE RESOURCESHOST BIO

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In this episode, Carl shares his insights on property investment, particularly focusing on the nuances of investing in Liverpool and the surrounding areas. He discusses the importance of understanding local markets and the pitfalls of deal sourcing, emphasising the need for granular knowledge of neighborhoods. Carl recounts his own journey into property investment, detailing his first challenging experience with a pre-auction purchase and the lessons learned along the way. He also highlights the significance of having a supportive network and the role of his successful care business in funding his property ventures. The conversation touches on various strategies, including the benefits of service accommodation and the importance of diversification in property investments. Throughout the episode, Carl's candid reflections on his experiences provide valuable insights for both novice and seasoned investors.

KEY TAKEAWAYS

1. Understanding Local Markets : It's crucial to have in-depth knowledge of the specific area where you plan to invest in property. This includes understanding crime rates, tenant demographics, and local amenities, which can significantly impact investment success.
2. Importance of Due Diligence : Before committing to a property deal, it's essential to read all terms and conditions carefully, understand the financial implications, and secure funding or investors beforehand to avoid last-minute financial stress.
3. Adaptability in Property Investment : The ability to improvise and adapt when plans go awry is vital in property investment. Challenges are inevitable, and how one responds to these challenges can determine the success of the investment.
4. Leveraging Property for Financing : Property is a powerful asset for securing loans and financing. Banks are more willing to lend against property than other business ventures, making it a valuable tool for building wealth.
5. Diversification of Strategies : Implementing multiple strategies, such as combining HMO (House in Multiple Occupation) and serviced accommodation, can provide flexibility and increased cash flow. This approach allows for better risk management and maximizes potential returns.

BEST MOMENTS

1. "When you think about property investments, it's really important to know the area that you're investing in." - Karl
2. "The measure of the character of the person is what do I do now? The plan has fallen apart." - Karl
3. "A bank will lend money against property... no other asset has quite the same amount of leverage as property does." - Karl
4. "I didn't have an advantage in the terms of having knowledgeable people around me." - Karl
5. "You can buy a house and she was like, what's a mortgage?" - Karl

VALUABLE RESOURCESHOST BIO

Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.