Business and wealth mentor Ron Malhotra has helped set up multiple highly profitable businesses and has given talks worldwide
He joins Vinamre this episode to talk about:
1) His immigrant story and accidentally becoming a financial planner
2) How he handles his finances while being a maximalist
3) How Ron thinks burn-out can be easily avoided

You can follow him on his socials:
LinkedIn – https://au.linkedin.com/in/ronmalhotra
Instagram – https://www.instagram.com/theronmalhotra/

Timestamps
(0:14) – Ron’s Immigrant story
(3:14) – What’s life like for Australian teens?
(5:47) – A police raid made Ron want to be independent for the rest of his life
(8:14) – Becoming a financial planner through sheer charisma
(11:29) – Making money, keeping money, and multiplying money are all different skills
(15:24) - Wealth figures in India are grossly exaggerated
(20:01) – Buy well, never sell is a better mantra than buy low, sell high
(24:51) – Common ways of squandering your wealth
(27:24) – Ron’s way of spending money
(31:02) – Frugality isn’t a viable strategy for everyone
(35:04) – Money isn’t everything, but neither is anything else
(38:56) – You can only create wealth while you have income
(43:24) – Educational institutions offer you false security
(47:04) – The rules of entrepreneurship are very different from rules in institutions
(51:31) – Does the world not need employees?
(55:26) – Burning out is a consequence of working on the wrong things

(58:29) - Risk appetite is the biggest predictor of a country’s prosperity
(1:04:00) – Entertainment gives us negative connotations towards money
(1:06:14) – Virtues and vices of new and old money
(1:10:00) – Ron’s take on masculinity
(1:21:15) – Women abdicate their authority for the right guy
(1:25:00) – Society places an incredible amount of value on white men
(1:28:52) – Indian subservience is a huge problem
(1:32:40) – Ron’s message for the audience

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