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I'm in My 20s and Want to Make Millions. What Should I Do? — Transcript

by MoreMozi · 748 words · 110 segments · language en · Watch on YouTube

Full transcript

  1. 0:00So, Adam, I'm 22, want to build a
  2. 0:01multi-million dollar business, should I
  3. 0:02start now, feel forward and learn on the
  4. 0:04way, or spend one or two years building
  5. 0:05skills, cash, and clarity?
  6. 0:06To me, those are one in the same. Um
  7. 0:09like you will build skills by failing.
  8. 0:12So,
  9. 0:14I would try and try and do stuff.
  10. 0:17Just being real, like do stuff,
  11. 0:19uh learn from it, and if you can make
  12. 0:22money while you're doing it, great. I
  13. 0:23think that for many people, one of the
  14. 0:25the what like
  15. 0:26a huge leg up that you can have is
  16. 0:28working 1 to 3 years in the industry
  17. 0:30that you want to get into. Like
  18. 0:32I think there's just there's huge upside
  19. 0:34there because you don't even know what
  20. 0:35you don't know, and you learn so many
  21. 0:37like
  22. 0:38default ways of operating cuz when you
  23. 0:39have to
  24. 0:40>> [clears throat]
  25. 0:41>> I'll give you an analogy. So, imagine
  26. 0:43you've got
  27. 0:44a pile of bricks, right? So, you've got
  28. 0:47this pile of bricks.
  29. 0:48All right, let's say that these bricks
  30. 0:50represent you know, stuff that you can
  31. 0:52use to build. This is going to be a
  32. 0:53terrible pile of bricks, but whatever,
  33. 0:54okay?
  34. 0:55And someone says, "Go build me a
  35. 0:57building, right?"
  36. 0:59So, you then try and assemble these
  37. 1:03bricks in a in a hundred different ways.
  38. 1:05And the thing is is like if you don't
  39. 1:06have directions on how to assemble those
  40. 1:08bricks, you're not going to know what
  41. 1:10assembly is the correct one for a
  42. 1:11building. And so, the thing is is that
  43. 1:13if you have an ideal building in mind,
  44. 1:15right?
  45. 1:17Then there may be
  46. 1:18a few ways that you can correctly
  47. 1:20assemble the bricks to get a building,
  48. 1:22but there's going to be way more ways to
  49. 1:23not assemble the bricks to make a
  50. 1:25building. And so, for me, I'd rather
  51. 1:27just like kind of like if you're
  52. 1:29building a building like you're building
  53. 1:30an IKEA desk, right? If you don't have
  54. 1:32the directions and you have the pieces,
  55. 1:34you might eventually figure it out, but
  56. 1:36it's so much it takes so much more time
  57. 1:39than having a model to look at because
  58. 1:41you automatically know you're like,
  59. 1:42"Okay, well, first thing I'm going to do
  60. 1:43is I'm going to separate my tools over
  61. 1:44here, I'm going to put my screws over
  62. 1:45here, and then I'm going to put my my
  63. 1:46blocks over here." Great, so it's the
  64. 1:47first thing. That's what you do. And
  65. 1:49then after that, you're like, "Okay, I'm
  66. 1:50going to look at this picture, there's
  67. 1:51got these four legs." And you're like,
  68. 1:52"Okay, let me put the leg number let me
  69. 1:54flip it upside down, let's put like one
  70. 1:55leg, two leg, three leg, leg four."
  71. 1:56You're like, "Okay, it's almost looking
  72. 1:57like a table." But if you have no idea
  73. 1:59and you've never built a table before
  74. 2:00you didn't build anything before,
  75. 2:01then it's way harder to do. And so
  76. 2:03that's why I think I would recommend
  77. 2:04make money,
  78. 2:06earn and learn.
  79. 2:09One to three years. Like my first thing
  80. 2:10out of college and like college is
  81. 2:11different now than it was then, but like
  82. 2:13like I did college for three years and
  83. 2:15then I worked for two years. And then
  84. 2:18the next thing I did is I still didn't
  85. 2:19even start immediately. I then um
  86. 2:22started as like an apprentice at a gym
  87. 2:24cuz I wanted to get into this business.
  88. 2:25So I went to a successful gym and I was
  89. 2:26like, "Hey, can I like work for free?
  90. 2:27Can I mop the floors?" And I was like a
  91. 2:29white-collar consultant. So I went from
  92. 2:31making I think I actually don't remember
  93. 2:32what I made. I know I had $50,000 in
  94. 2:34savings. Uh the reason it's like unclear
  95. 2:37is because I I got paid on contracts. So
  96. 2:38it was like very lumpy. Anyways. Um
  97. 2:42But anyways, I uh
  98. 2:43he then basically started paying me
  99. 2:45minimum wage
  100. 2:46um to follow him around. But like an
  101. 2:48amazing ROI for me because he was like,
  102. 2:50"Oh yeah, like email marketing." And I
  103. 2:52was like, "What's that?" And he was
  104. 2:53like, "Oh, it's this whole thing,
  105. 2:54right?" And again, YouTube wasn't really
  106. 2:56like around the way that uh when I
  107. 2:58started doing this. Um and so I had to
  108. 3:01had to learn the hard way. So that being
  109. 3:03said, hopefully that helped uh for Adam
  110. 3:05in terms of thinking about what to do.

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