Growth - The Uninformed Things People Invest In With Ben Knight, Part 2 Stay Hungry

Growth - The Uninformed Things People Invest In With Ben Knight, Part 2

3M ago 25:32

שתפו

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In this episode of the Stay Hungry Podcast, Joel is joined by finance expert Ben Knight to explore the realities of wealth and investment. They discuss the emotional pitfalls of chasing wealth, the ongoing nature of investment goals, and the concept of 'silent inflation' that can erode your financial gains. Ben shares his personal journey from modest beginnings to financial expertise, emphasising continuous learning and smart decision-making.
KEY TAKEAWAYS

People attach so much emotion to the idea of ‘when I’m rich, life will be better’, but they don’t see that actually it’s the effort and the journey that matters.
There’s no end-point to investment, you reach one goal and then the goal and your lifestyle changes.
When you feel like you’re winning in business and you’ve reached that level, you then unlock the next level and so then you’re back at the beginning again.
Silent inflation is what actually kills people’s wealth. Everyone should be investing because if you’re not, inflation will wipe you out and you won’t even notice it.
If you’re making a business decision, particularly big businesses, you have to make them about the RPI (Retail Price Index) and no one’s telling you that.
I didn’t start off with a massive bank balance I could start investing with. Instead, I spent an awful lot of time learning something new about money every day.

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ABOUT THE HOST

Joel Stone

Joel Stone is a marketer and disciple of business strategy. After seeing the impact of the 2008 recession, he decided to take control and leave employment to set up in business for himself. He quickly built an award-winning design agency, partnering with Andy on numerous projects until they formed Codebreak in 2019.

Having previously helped brands including GlaxoSmithKline, Diageo, Beta Tools, and Channel 4, Joel’s work has been seen all over the world. He takes pride in applying techniques normally reserved for huge corporations to SMEs throughout the UK. Case studies of Joel’s work have featured in Design Week, The Drum, and Social Media Today.

Website - https://www.codebreak.co.uk/

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320 פרקים

People attach so much emotion to the idea of ‘when I’m rich, life will be better’, but they don’t see that actually it’s the effort and the journey that matters.
There’s no end-point to investment, you reach one goal and then the goal and your lifestyle changes.
When you feel like you’re winning in business and you’ve reached that level, you then unlock the next level and so then you’re back at the beginning again.
Silent inflation is what actually kills people’s wealth. Everyone should be investing because if you’re not, inflation will wipe you out and you won’t even notice it.
If you’re making a business decision, particularly big businesses, you have to make them about the RPI (Retail Price Index) and no one’s telling you that.
I didn’t start off with a massive bank balance I could start investing with. Instead, I spent an awful lot of time learning something new about money every day.