How To ACTUALLY Get RICH In Your 20s

This video is about the principles and steps to take in order to become rich in your 20s, including understanding the value of time, mastering a valuable skill, choosing the right vehicle for success, and studying successful individuals in your chosen field.

This video by Jordan Welch was published on Jul 16, 2023.
Video length: 10:29.

This YouTube video titled "How To ACTUALLY Get RICH In Your 20s" is about the six principles that the speaker shares to help viewers make millions in their 20s.

The speaker emphasizes the importance of understanding why one is broke in the first place and taking accountability for their actions. They also discuss the importance of mastering a valuable skill set, choosing the right vehicle for success, and studying someone who is already successful in that field.

The video emphasizes the need for hard work, consistency, and understanding how money works in order to achieve financial success.

• Being lazy and not valuing your time is the reason why you're still broke.
• To make money, you must first understand how it works.
• Hard work is not the differentiator between the rich and the poor.
• Find someone who is successful in your chosen field and study them.
• Choose one person who has achieved what you want to accomplish and become their disciple.
• Create a safety net by saving money and getting out of survival mode.
• Invest time in reading books that challenge your limiting beliefs.

How To ACTUALLY Get RICH In Your 20s - YouTube

Understanding the Value of Time

• Being lazy and not valuing your time is the reason why you're still broke.
• Take accountability and ask yourself what you did today to work towards your goals.
• Small daily actions and consistency over time lead to significant results.
• Don't waste your energy on meaningless things and artificial pleasures.
• You have more energy now than you ever will, so use it wisely.

Mastering a Valuable Skill

• To make money, you must first understand how it works.
• Money is a medium of exchange based on value.
• You get paid in proportion to the value you provide to the world.
• Lack of a valuable skill set is why you're broke.
• Mastering a skill is essential for getting rich.

Choosing the Right Vehicle for Success

• Hard work is not the differentiator between the rich and the poor.
• Choosing the right vehicle is crucial for success.
• Working hard on the wrong things will limit your success.
• Find something that is already working for many people.
• Pick something that aligns with your interests and has potential for making money.

How To ACTUALLY Get RICH In Your 20s - YouTube

Studying Successful Individuals in Your Chosen Field

• Find someone who is successful in your chosen field and study them.
• Learn from their strategies and techniques.
• Improve your skill set to compete with them.
• Study their habits and mindset for success.
• Continuous self-improvement and learning are key to achieving success.

Study Successful Individuals

• Choose one person who has achieved what you want to accomplish and become their disciple.
• Study their business model and philosophies to understand how they achieved success.
• Focus only on people who have a real track record of success in your chosen field.
• Surround yourself with people who are doing what you're trying to do.
• Join Discord servers, Facebook groups, and Reddit communities to find like-minded individuals.

Go All In

• Create a safety net by saving money and getting out of survival mode.
• Living paycheck to paycheck makes it impossible to focus on your business.
• Stack up at least a thousand dollars before starting a business.
• Move back home or cut off unnecessary expenses to free up your mind and resources.
• Having a safety net allows you to go all in on your business and maximize your chances of success.

Invest in Self-Education

• Invest time in reading books that challenge your limiting beliefs.
• Watch interviews with successful business owners in your field.
• Invest in masterminds and networking opportunities to learn from others.
• Self-education has the highest ROI and is essential for success.
• Investing in your self-education will set you free financially.

Start Today

• Don't wait for the perfect moment, start taking action today.
• Someone out there is getting better than you every day.
• Don't delay and start on some imaginary day in the future.
• Take all the information you've learned and begin implementing it immediately.
• Great things take time, so be patient and consistent in your efforts.

Watch the video on YouTube:
How To ACTUALLY Get RICH In Your 20s - YouTube