I could have become a millionaire by age 24 if I had opted these 6 habits sooner.
1. There are levels to the world of work
Level 1 = Job
Level 2 = freelancing, consulting, or one-person businesses
Level 3 = starting a business
Level 4 = running a business with large numbers of employees
Get off level 1 amateur hour.
2. Opportunities that make real money look like scamms.
Thatâs because they:
âą Carry risk
âą Are uncomfortable
âą Require an optimistic mindset
Thatâs not the default way the average person operates.
Action: take conventional advice and do the opposite.
3. We should love saturated markets
âą Because the opposite is a market where nobody is buying
âą That means it's a problem people donât want solved
Instead of trying to copy or be better, just be different.
Action: go where the most competition is. Then be yourself.
4. When you reach people you make money
Your ability to start conversations & attract people is crucial.
To successfully start random conversations: have no outcome in mind.
Otherwise your selfish intentions show & you get ignored
Action: start conversations with no agenda
5. Money is the result of a skill stack
âą No one skill made me millions
âą But each new skill increased my multiple income sources
âą Because each skill was correlated to one another, they compounded results Iâd already achieved
Action: rebuild and expand your skill stack.
7. Make more asymmetric betts
...where the potential upside is far greater than the downside.
Failure is the way. No failure, no learning.
Action: take one new calculated, research-backed risk.
11. Pay for access to winners
My friend Dakota paid $10K to hang around a millionaire creator.
Within a year he made $50K a month.
The proximity effect will make you a millionaire, faster.
Final Thought
Becoming a millionaire has little to do with money.
And more to do with a shift in psychology that bleeds into every area of life.
Action: build a side business.