Passive income: Expert on making money when you're not working
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When Roy Smoothe’s wife died it turned him and his family’s life upside down. Speaking exclusively to Express.co.uk he shares how an unusual business idea helped him to turn their fortunes around.
Rewind 15 years and single dad Roy Smoothe had a successful career in the fashion industry.
He is the first to admit that he ‘probably would have stuck to what he knew’ but then life took an unfortunate turn and left him a widower to two young sons.
Not only did it change everything but it also meant that he couldn’t just jet off around the world when work dictated.
Looking back Roy recalls: “It was important for me to be around my kids, my youngest Joseph was only eight at the time.”
The kids had been through so much that Roy wanted to be at home with them as much as possible – he certainly wasn’t looking to set up his own business.
That was until he was asked to speak at an event for entrepreneurs in America.
To cut a long story short, he was finding it difficult to remember his speech, so he put the words to music.
Roy explains: “I started it for my own benefit but the way it got Joseph’s attention made me think ‘maybe there’s something in this’.”
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It’s a good job he made the most of that lightbulb moment now Roy Smoothe’s Just Cool Lifestyle brand is on track to turn over £100,000 and it’s clear that for Roy it’s a passion and not just a job.
And eight-year-old Joseph has developed into a business man in his own right.
Roy says: “He’s grown up listening to personal development and leaders like Jim Rohn – now he has several businesses of his own.
“He can give me a run for my money – he was earning £3,000 a month when he was only 14.”
Not only have both his sons grown up into adults he can be proud of, but Roy too has achieved quite a lot.
He’s a bestselling author, publisher, speaker and coach with over 100million online streams to his name.
His advice for other single dads is to prioritise life first and always put business second.
“The magic is in the memories, not the money. Create a vision of how you want to feel at the end of the day when you put your head on the pillow.”
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Roy adds: “Build your business to create the life experiences and relationships you will want to remember.”
Most importantly he advises that it’s important not to “discount the wisdom of youth”.
“My son helped me to develop my ideas, and make key decisions, even from age nine he’d accompany me to business meetings,” he explains.
“In fact if I’d have listened to him when he was trying to convince me to invest in Bitcoin I’d be £19million richer!”
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