๐ผ There is a guaranteed way for broke students to make their first million in the next five to ten years.
โณ Times have changed and business principles remain timeless, but the timeline to become a millionaire has shortened to five to ten years.
๐ก To achieve this, students can either bring significant value to a company as an employee or negotiate for adequate compensation.
๐ผ Working in a fast-growing company and gaining experience before starting your own business can lead to success.
๐ Prioritizing learning over earning in the early years as a student or young professional.
๐ Many people are rushing to become millionaires, but it's important to understand the underlying reasons behind this desire.
๐ฐ Making money at a young age does not impress people or attract girls.
โฐ Teenagers should focus on building a solid foundation rather than trying to become millionaires quickly.
๐ Making a lot of money through luck, such as with crypto, can have negative consequences.
๐ฐ Making money at a young age is best between 25 to 30, based on the speaker's experience.
๐ Apprenticeships are more beneficial for learning compared to internships in big companies.
๐ง Entrepreneurship and having multiple businesses are strategies for financial success.
๐ Being an apprentice and learning a craft is valuable for young individuals.
๐ผ Instead of focusing on earnings, emphasize the importance of learning skills in early career moves.
๐ Use the skills and experience gained to launch your own business or explore different industries.
๐ Investing in education or getting a mentor is the best way to gain insider knowledge.
๐ผ If you can't afford education, associate yourself with a company that invests in your training.
โฐ Learning work ethic and time management is essential for success.
๐ฐ Investment in training and learning specific skills is essential for career growth.
๐ Companies should be willing to invest in their employees' development, such as providing resources like books.
๐ Insider knowledge and experience are crucial for long-term success in any industry.
๐ผ Starting your own business or venture is a key step for broke students.
๐ It is important to have someone support and encourage you from a distance.