πΌ There is a guaranteed way for broke students to make their first million in the next five to ten years.
β³ Times have changed and business principles remain timeless, but the timeline to become a millionaire has shortened to five to ten years.
π‘ To achieve this, students can either bring significant value to a company as an employee or negotiate for adequate compensation.
πΌ Working in a fast-growing company and gaining experience before starting your own business can lead to success.
π Prioritizing learning over earning in the early years as a student or young professional.
π Many people are rushing to become millionaires, but it's important to understand the underlying reasons behind this desire.
π° Making money at a young age does not impress people or attract girls.
β° Teenagers should focus on building a solid foundation rather than trying to become millionaires quickly.
π Making a lot of money through luck, such as with crypto, can have negative consequences.
π° Making money at a young age is best between 25 to 30, based on the speaker's experience.
π Apprenticeships are more beneficial for learning compared to internships in big companies.
π§ Entrepreneurship and having multiple businesses are strategies for financial success.
π Being an apprentice and learning a craft is valuable for young individuals.
πΌ Instead of focusing on earnings, emphasize the importance of learning skills in early career moves.
π Use the skills and experience gained to launch your own business or explore different industries.
π Investing in education or getting a mentor is the best way to gain insider knowledge.
πΌ If you can't afford education, associate yourself with a company that invests in your training.
β° Learning work ethic and time management is essential for success.
π° Investment in training and learning specific skills is essential for career growth.
π Companies should be willing to invest in their employees' development, such as providing resources like books.
π Insider knowledge and experience are crucial for long-term success in any industry.
πΌ Starting your own business or venture is a key step for broke students.
π It is important to have someone support and encourage you from a distance.