Robert Farrington is a millennial money expert and founder of The College Investor. He started this website in college and has grown it to over 3 million visitors per month.
Entrepreneurial Role Models:
When business started difficulties overcame:
“the biggest difficulty I had was time. I was working you know put in a little time here and there on nights and weekends. And so that was like biggest difficulty was to not upset my wife and to put time into the business while still working and balancing it all”…[Listen for More]
Favourite Books:
- The $100 Startup: Fire Your Boss, Do What You Love and Work Better To Live More Book by Chris Guillebeau
- Never Split the Difference: Negotiating As If Your Life Depended On It Book by Chris Voss and Tahl Raz – Click this link to listen to the Chris Voss Podcast on The Entrepreneur Way
Favourite Quote:
“The best time to plant a tree was 20 years ago. The second-best time is now.” Chinese proverb
Recommended Online Resources:
- Financial Samurai – Slicing Through Money’s Mysteries
- Quick Sprout – Make Better Content. Learn how to grow your traffic, improve your website, and increase your conversions
- SEO Moz – SEO Software, Tools & Resources for Smarter Marketing. Backed by the largest community of SEOs on the planet, Moz builds tools that make SEO, inbound marketing, link building, and content marketing easy.
- Ahrefs – SEO Tools & Resources To Grow Your Search Traffic. Audit your website, explore competitors, research keywords backlinks all in one place. Powered by seriously big data, trusted by top SEOs.
- Asana – Easily organize and plan workflows, projects, and more, so you can keep your team s work on schedule.
Best Advice to Other Entrepreneurs:
“get out there and network. Collaboration is always going to win over competition. And you might not want to collaborate somebody you think is in your industry or a competitor but other people in your industry, the other competitors might already be collaborating and you could be the odd man out. So don’t view people in your industry, in your niche, in your topic as competition”…[Listen for More]
More About Robert Farrington:
Neil’s Quote at the Beginning:
“Listen, smile, agree, and then do whatever you were gonna do anyway.” Robert Downey Jr., American actor
Other Quotes From the Chat with Robert Farrington:
- “a side hustle is the number one way to achieve your financial goals because there is only a limit to how much you can cut from your budget. So you could save on groceries and you could save on gasoline and stuff but at the end of the day you still have to have a place to live and you still have to get to work and you still have to eat. But a side hustle has the potential for a limitless income and it kind of has potential to be limitless any time 24-7 and you can make money in the middle of the night, you can make money after work, on the weekends. And that can really make a positive impact on your finances”
- “network and connect with others in your space. No matter what you want to talk about their people out there that have done it”
- “you have to find this balance of knowledge and education so that you can keep learning and doing and then iterate. And just keep doing that cycle instead of one or the other”
- “the thing that makes me uncomfortable is investment in the unknown. So, investment of time, investment of money into a project that might not pay off may be a year or so. It definitely makes me uncomfortable; it’s challenging as you want it to work out. There is a risk failure there and that’s the biggest place where I am uncomfortable”
- “you just don’t need a lot to start you just need to do the work”
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