I came across Mourad Tellab while searching for good tips on how to find multiple sources of income. I subscribed to his free four-day e-mail course, How To Start Investing With Little Money. I had just finished reading Rich Dad, Poor Dad, by Robert Kiyosaki, and I recognized some of the concepts from that book in his teachings.
I was impressed by his responsiveness and knowledge about the subject, and especially by his story about meeting with twelve multi-millionaires. It takes some guts! He gave me simple tips I could easily apply, and replied to my e-mails. This is what I like about meeting people who have a good product or service but are not super-famous yet: they are often more approachable and responsive.
I wanted to give something back and help him get more exposure while also learning about his story. I was curious to know what made him turn his life around and develop new ways of doing things. I hope you enjoy reading his answers to my questions as much as I did.
What was your life like before you came across financial education?
I was a university student who had dropped out several times and couldn’t really fit in in the whole get-a-degree-and-a-job thing. So I did what most young people who are uncertain about the future do, I escaped. I went on a year of exchange in Sydney, Australia. In the space of five days, everything changed.
What was the turning point for you that made you decide to seek other ways of handling things?
As I was in Australia, I made amazing friends. My housemates decided to go on a five-day trip to Fiji in November 2013. To be honest, I had never heard of Fiji and I didn’t even have the money to go. One of my friends offered to pay the plane ticket for me … I still get emotional just thinking about it.
We only spent five days in Fiji, but it completely rocked my world. I met a guy who was 19 and had started two companies and another guy who was 25 and had created a website that generated passive income for him … Both these guys were traveling the world as a result of their entrepreneurial endeavors.
That’s when I realized the impact that money could have on one’s life. Then I thought, “It is possible! Why not me?”
Not so long after, a book called Rich Dad, Poor Dad by Robert Kiyosaki crossed my path. I discovered an entirely new world of possibilities. It’s funny how sometimes in life when you long for something and you put yourself out there things come to you.
What approaches have you tried before developing your own?
I literally spent a year reading everything I could find on the topics of business, finance and investing. In the space of a year I read more than 100 books; I invested more than $20,000 in investing courses and seminars …
And I conducted a study during which I met 12 multi-millionaires, from having lunch with Robert Kiyosaki to interviewing Kevin Green, the number one property owner in the U.K. I met people who were at the top of their game financially and I found all the answers to my questions.
I went from being broke and in debt to starting two companies. Then I realized the knowledge and experience I had could help other people.
ModernMoneyNinja was born.
Explain what your approach is about.
ModernMoneyNinja is about two things.
First and foremost, it is about teaching.
After all the time I invested in my financial education, I realized I knew more about money than some people who had more than me because their parents gave them some money—I call them “thank-you-Mommy-and-Daddy-investors.”
Robert Kiyosaki is right: nobody teaches us about money! Most importantly, I realized most young people didn’t bother learning about money. But how different could our lives be should we start taking control of our money early enough?
I think we should all learn about money, it doesn’t belong to people wearing suits. I want to make it simple by empowering people through education and responsibility. I hate this financial world that makes everything so complicated to keep people dependent on them. Because I’ve had the opportunity to get the best advice possible from very wealthy individuals, I feel I have a personal responsibility to share it.
Lastly, ModernMoneyNinja is about inspiration. I document my journey to financial freedom in an incisive, no BS style. I don’t lie: I share my successes as well as my failures, and my uncertainties as well as my latest ninja moves.
To me, inspiration really boils down to your level of honest vulnerability. And I say that because story telling has become a major component of bullshit-marketing. More and more we’re missing real people and real stories!
I think that nowadays many people pretend to be someone they are not on the internet just to sell you results that they haven’t had themselves; this is certainly not me.
I really take the long term vision here: How awesome of a story would it be to follow that young man who set for himself to become financially free, became financially free, and helped people along the way?
In conclusion, I want to lead by example.
One last word
Thank you, Annie, for giving me the opportunity to share my story on your website. You rock!
How can people learn more about it or contact you?
Here is my website: modernmoneyninja.com
You can also check out my free course here: education.modernmoneyninja.com/free-investing-course