My Advice For Young People Who Want To Get Rich

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Jordan Welch
I've made over $10 million dollars in my 20s but if I was starting over today, here's what I'd do......
Video Transcript:
I've made over $10 million in my 20s which is crazy because I started this journey with pretty much all the odds stacked against me I grew up with a single mom in massive debt making barely any money I had no successful entrepreneurs in my family to look up to and I even went all the way down to $30,000 in debt just a few years ago but somehow I still bounced back and made it out so today I want to give you my honest advice about getting rich so you can avoid the mistakes I made and
hopefully make it happen for yourself in half the time and it all starts with making your first th000 there was a study that was published back in 2023 that showed that over 57% of Americans have less than $1,000 in savings if that's you and you're trying to figure out how to get rich and start a million dooll business then you got your priorities all the way backwards how do you ever expect to get rich if you can't even stack up a band there's absolutely no reason for you to be older than 16 and have less
than $11,000 to your name unless you're just out here wasting your life right now it's time for you to take some serious accountability and ask yourself how the heck did you end up in this position in the first place was it Reckless spending bad habits work ethic maybe a combination of all three I don't know but what I do know is that you got to get real with yourself about where you're falling short because breaking through this first phase is all about cutting out the you got to take a break from the weed the expensive
fast food the video games the weekends with the homies the nights on Netflix and just lock in because I'm sorry to tell you but you ain't earned the right to do those things yet all that matters is that you save up $11,000 as fast as humanly possible forget about finding your purpose or figuring out your why we don't need all that right now Step One is taking accountability for where you're at setting a clear goal of making $11,000 and giving yourself a strict deadline now look I know this might be a hot take but the
easiest way to make your first, is not from starting a business just go out and get a job unlike what a lot of gurus say there's nothing wrong with working a job you just got to make sure you choose the right job you got to try to find something that doesn't require a lot of skill because well at this stage they probably have none and more importantly try to find a place where you can surround yourself around wealth you need to put yourself in proximity of success I mean you can go valet at a nice
hotel you can serve food at a five-star restaurant or even clean up the floor at the private jet airport to me it really doesn't matter it's just important that you work somewhere where you can see how much money is really out there in the world and surround yourself with successful people my first and only job was cleaning tables at a five-star restaurant in my hometown and I'm not going to lie to y'all man watching people spend thousands of dollars a night on dinner and drinks while I only had $36 to my name did something to
my brain and made me realize I need to get my together quick because there's so much money out there not to mention for the little time I worked there I was making great money on tips I would bring in maybe $100 to $200 just on tips alone every night you're not getting that at McDonald's or Starbucks have y'all ever really seen the tip jar over there as empty every single day so in my opinion it's a no-brainer to start with a job like this now as we know this job is not going to take you
to Millions but it's going to put some much needed money in your pocket which we can later use as a safety net and start up capital for our business but sadly you're not ready to start a business yet because you have no skills so in your free time there's really only three things you should try to focus focus on learn about entrepreneurship through books and videos which by the way one of my favorite books of all time especially if you're just getting started out it's called The Millionaire fast I really recommend every single one of
y'all checks that book out also you need to be hitting the gym and trying to stay healthy but most importantly picking a skill and trying to learn it every single day these three things Set Me Free and put me ahead of 99% of people from a very young age man I started doing this stuff back in high school when I was like 14 so by the time I was 18 years old I was Miles Ahead of everyone around me that's the secret but just FYI it's never too late to get started even if you're 50
years old today watching this video start today it doesn't matter now when it comes to actually picking a skill if I was starting over right now I will focus on the same two skills I started with over 10 years ago video editing especially short form videos and sales listen to me when I say if you just lock in for like 3 months and really become proficient in the both of these you can do literally anything if you can understand how to get attention and go viral and then convert those views into dollars with sales and
marketing you will have more opportunities then you know what to do with and be able to speedrun your way to a million dollars in almost any industry I promise you I put that on literally everything especially if you're young and have no expenses these two skills are like a cheap code to life and a thousand times more valuable than any college degree or certification you can go out there and get today so look man this is your Foundation everybody skips this you know they just try to take their measly $128 try to throw it into
some random online business announce to all their friends and put in their Instagram bio that they are an entrepreneur now and then they lose all their money in 2 weeks and give up and never pursue their dreams while their friends get to clown on them for the rest of Eternity don't be like these people take accountability for yourself now set a goal get some money coming in from a job stay as healthy as you can and start learning a skill in your free time that's the play as simple as that and now you're starting to
build momentum and we can start working towards making some real money so how do we turn $11,000 into $10,000 well honestly it's pretty hard you know this is that season where your friends start to look at you crazy because you have to sacrifice a lot of the stuff you used to love doing this is that time to lock in like nothing else matters you work out in the morning you work your job during the day you work on your skill at night it's hard as hell and super lonely but it's supposed to be hard that's
why no one does it even though everyone on the internet makes it sound easy and makes it seem like everyone is out here making over $10,000 a month I'm going hit you with another fact less than 7% of Americans and keep in mind there's 300 million of us have $10,000 saved up that is absolutely insane if you just Stack Up $10,000 you're nearly in the top 5% of richest people in a America the richest country in the world as you can see this is where everyone gives up and I promise you if you can just
get past this you're going to be all right now like I said it's going to be hard but the formula to doing this is pretty simple all you got to do is keep that job of yours and simply get one person to pay you for the skill that you've been learning even before you think you're good enough because I know if it was up to you you'd never be ready and you would always be waiting for that perfect day when everything lines up you're never going to feel ready and that's the point we need to
take action before we feel ready otherwise we never end up doing anything and we're going to learn a lot more from taking action than just studying and trying to practice every single day now the reason why I gave editing especially short firm editing a shout out is because this is a job that everybody is looking for right now for example for me I'm constantly hiring editors for this role starting at a base pay of anywhere from 1,500 to even 2500 a month and so are all the biggest channels on YouTube it's without a doubt one
of the most in demand services on the planet and if you combine this money with the money you make from your job you're going to hit $10,000 in just a couple months especially if you're young and have no expenses now I know that you're asking well how do I possibly get clients there's so many editors it's so hard it's so competitive I don't know what to do w w w w all these excuses this is why you're still broke I'm sorry to tell you it's actually really simple to get a client and I'll give you
a foolproof method that is guaranteed to work in fact to show you how much I believe in this if you do this for me I will hire you on the spot with no hesitation or refer you to someone and make sure you get paid you got my word that's my promise to you all you got to do is get results for someone first for free and then share those results with them everything else going to work itself out like if you launched a clip page posting clips of me and got a couple videos to pop
off to the tune of a million plus views and actually went viral and sent it to my team once I see it the first question I'm asking is who is this who did these videos and how can we get them on our team y'all got to understand I get a th000 DMS a day from people telling me how great of an editor they are or how they can add an extra $5,000 a month to My Business Without Me lifting a finger I've been in this game too long to know that most of that is a
straight up facade if you want to get hired especially in a competitive industry like editing do it for free show the results and suddenly you're hired for life and you got to skip the line of everyone else this is not only true when it comes to editing by the way let's say you clean cars and you went to the best neighborhood in your city and went up to a nice mansion with a car parked out front and you asked the owner if you could detail his car for free and you did an outstanding job just
using Common Sense what do you think this rich man is going to do afterwards it's very likely he would not only pay you for your work because he feels bad but he will respect that you showed results for free and call you back to do the rest of his Fleet and suddenly you got one man paying you a couple thousand a month just to watchh his cars it seems backwards doing free work to show people what you're capable of but I promise you it is a Surefire way to secure a paid position longterm but only
if you're actually good because if you came to wash my car and you did a terrible job and you left marks everywhere I'm never calling you back but if you do a good job I promise this works in every single industry now if you're trying to figure out how to get good at of skill there are literally tutorials for everything these days you don't need a paid course to learn anything just use YouTube and practice the greatest knowledge in the world is available at your fingertips in an instant yet you spend all day consuming garbage
and rotting your brain it's no wonder why you still have less than $1,000 it's simple math with a low-level job and just one client paying you every single month you could hustle your way up to $110,000 in just a couple months if you're a bit older and you have a bunch of expenses or even a little kid running around I know it's going to be a lot harder for you but guess what you have less of an excuse to slack off them kids got to eat you know once you hit $110,000 you can a officially
quit your job congratulations now you get the chance to go all in on your business just don't mess it up like most people do most people mess this part up so badly because they blow the bag you got to understand that if you got $10,000 right now that is not your money that is your startup fund to build something bigger the dumbest thing I ever did was after I made my first 30,000 I moved from paying $400 a month in rent with my friends back home to over $3,000 a month in Los Angeles I sold
my amazing Honda Accord which was the best car ever to lease a shitty brand new Lexus for $500 a month don't be like me keep your expenses as low as humanly possible until you get past his face I promise I promise you're going to be able to ball out soon just please bear with me here I'm trying to save you I recommend if you're young under 30 years old just keep living with Mom and Dad and maybe help them out a bit with the rent or groceries there's nothing wrong with staying with your parents even
if you're in your early 20s don't let these people on social media confuse you don't worry about what everyone on social media is doing bro ignore that most of it's fake anyways some of the most locked in days in my life was when I was living at my mom's crib sleeping on a bunk bed with my little brother staying up till 3:00 to 4:00 in the morning because it was the only time nobody was awake and I could really focus even today living in this big ass house in Miami with everything I ever wanted I'm
constantly trying to chase that level of focus it was a superpower so I'm telling you that is like a superpower and you need to harness that energy there's something special about working in that room that you grew up in or working in that home that you grew up in with your mom right there on your side it's like people try to rush out of that but I'm telling you man that was some of the most focused I ever been in my entire life so harness that energy and use it to your advantage all that balling
out we're going to get there in a little while if you feel like you got to move out get the cheapest spot you could find and split it with your friends it it doesn't have to look amazing just make sure you choose the right friends to live with because these fools can drag you down 10 times faster than you came up if you can't find any friends with a similar mindset as you don't even bother moving out right now just stay with your people and keep building the most important thing to invest in in this
stage is yourself so make sure you're eating clean you're working out you're buying books trying to join paid communities online to meet other entrepreneurs in your Niche because there are paid communities out there for literally every single business model and being a part of one will speed up your success significantly for me early on in my journey being a part of these communities was my Saving Grace because it was the only place I had to meet people who were doing the same thing as me and the people who actually understood my struggles and every time
I got a chance to see someone succeed it was a daily reminder that I could do it too now how do you actually flip the money that you made because you can only edit so many videos or detail so many cars you've got to use your skills to build something with leverage this simply means building something that allows you to make money while you sleep it's not based on how much work you do every single day but more so making a few calculated moves that set you up with consistent income for months for me I
use my video editing skills to sell products online which in my opinion is without a doubt the best business model for going from $10,000 to that $100,000 mark because one viral video can pay you for months or even years for example back in 20120 when I was down to 30k in debt living back in my mom's house I shot a video ad with my sister for this product I found while scrolling on Facebook and I launched a store for it this ad took Me 2 and 1/2 hours to make and that one video that one
single video made me over $350,000 in sales over the next 4 months and got my e-commerce brand off the ground from spending that time to master video editing and marketing I was able to make one video that made me over 350 bands in sales that's what we call leverage and that's the value of learning a skill like video editing and marketing now of course there was a lot more that went into it like product selection story design setting up the ad campaign but at the core it was really the video that took everything to that
next level because there were so many other people trying to sell this product but I was the one that scaled it because I made the best video now look if you want to learn step by step how to launch a store like this I have a private paid community of my own called viral Vault where I personally do weekly coaching calls with everyone inside of there and break down my entire strategy in depth step by step for just $67 a month you probably spent that alone Loan in coffee and fast food over the last couple
weeks so you got to wisen up bro and spend your money smarter and check out viral Vault inside of our community there is 24/7 coaching so you can get advice every single day from real experts along every step of the journey and our students are posting their results in the community daily all the way from getting their first sale to making their first 100,000 and Beyond so check that out at the link Down Below in the description if you trying to take everything to the next level now look there are so many different methods to
get the six figures but that's my personal favorite because it worked for me you could choose whatever vehicle you want I don't really care just make sure you choose the right one and make sure you can leverage your skills and it's not tied to your direct output another one of my favorites right now is affiliate marketing on Tik Tok shop it's the same concept you make viral videos you sell products but you're selling other people's products instead of your own so you don't got to deal with all the Fulfillment and all the extra stuff that
comes with running a business if you can make viral videos this is one of the best opportunities out there right now the only problem is that Tik Tok can change their policy at any moment and your business is completely gone so that's why I think you're better off selling your own stuff and building a real business but being an affiliate definitely has less headache and is much easier to manage look as long as you give yourself enough time you're going to win once you reach this stage extend your time Horizon don't switch paths pick your
play run with it if you lock in and don't blow the bag and just stick to one path you can stack up your first 100,000 in cash in less than one year easily I don't care where you live I know you can do this you could even do it faster if you really take yourself seriously going from $100,000 to a million dollar sounds crazy but at this stage I promise you the hard part is over if you can get to 100K you can get to a mill because at this stage you have a proper War
chest of cash you're not in survival mode anymore you have a Swiss army knife of valuable skills and you have a business that's bringing you profit every single month once you hit this Milestone everything will explode if you just do two things that I wish I did when I was in that position the first time first don't be an idiot and spend it all on yourself I've seen so many kids make a 100,000 and blow it I was one of them and I learned very quickly that 100,000 is little boy money if you get that
and start spending it like you're rich you will very quickly learn how little it actually is and you'll go back broke so quickly you won't even know what happened and be back to square one especially when Uncle Sam comes knocking at the door I'm not saying you can't move out and get yourself a nice apartment but don't go buying cars watches none of those stupid luxuries because there's only one thing that you need to spend your money on at that level if you want to become a millionaire and that's investing in building a team to
scale your business with this money you can hire people to replace you in your business which will finally unlock time freedom and real scale I'm going tell yall the truth man if I took my laptop right now and I beat it up with a baseball bat and I Disappeared for a month I'mma still make over $200,000 a month in profit because my team is in the trenches running and growing my business every day thanks team your job at this stage is to find what you're best at Focus solely on that and supervise your team that's
your path to that first million with my store I hired a manager a customer service rep an advertising agency and an email marketer and this allowed me to focus entirely on making a better product and making new video ads which at the time were my two favorite things to do and that's when my store went from making 30k a month to over 100k a month and this is when I really started to feel financially free I moved out of mom's and got an apartment in Miami I stashed away over 6 months of expenses in an
emergency fund I started finally building a real Investment Portfolio and it gave me enough freedom to start focusing more on this YouTube channel which has really been my passion since day one I've been making videos back since 2013 I always wanted to do this and less than 2 years after building my team and doubling down on my store I took it past 1.8 million in sales and sold the business officially making me a post millionaire but to make my first million I had to sacrifice pretty much everything I've been through years where I didn't do
anything except for build and try to make money no parties no fancy dinners no trips just build train sleep and repeat until something worked but I guess it paid off because now I could literally do anything I want at any time I could buy anything I could travel anywhere I employ 30 people all around the world I just got my mom her dream housee and I'm pursuing my passion of creating videos to Inspire the next generation of entrepreneurs so I guess that brings the question to you are you willing to sacrifice a couple years of
fun for a lifetime of freedom to me the answer is obvious thanks for watching
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