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