The truth is... We've all been young and broke at some point. I did too. Here's how I changed it: ht...
Video Transcript:
ladies and gentlemen in today's video I'm going to reveal to you the Sure Fire guaranteed way to make your first million in the next five to ten years if right now you're a broke student this is genuinely 99 guaranteed to make you rich if you watch the entire video and really take in what I'm trying to tell you here and listen I'm coming up to my 10th year as an entrepreneur I have seen everything and I have over a dozen companies that I personally own or my holding company has Equity stakes in so I've kind of seen it all and I can tell you for a fact that this is pretty much the most Surefire route but as I said if you watch this video If you truly take it in and if you truly apply what I'm about to tell you now listen times have changed and the world is extremely different to what it was like a hundred years ago that said some business principles are Timeless now a hundred years ago if you wanted to get rich quickly and by the way when I say quick most people think quick means two months or five months I'm talking quick in the normal world is hey I made the intention that I am going to go from nothing to something go from having average income to becoming a millionaire quick is five to ten years it's not five to ten months normally a hundred years ago even right now if you want to become a millionaire you know from the point in which you get your degree it'll take you 20 30 years so trust me when I say five to ten years that is a good timeline now I say five to ten but it will probably be a lot quicker for you but getting back to my point 100 years ago the way you would do it is you would either be an employee at a fast growing company and bring so much value to the company that they just can't help themselves but now obviously you need to continue to make your value known and renegotiate with your company and just say hey I know what I'm bringing to the table so make sure that I'm getting paid adequately so that's the first route but that's not really what I want to talk about here today the second route is you work inside of a fast-growing company a company where you can learn a lot and you work in that company for two years three years four years five years and then you take everything that you've learned and you go and you start your own business in a similar industry and from there you add in hard work and you absolutely take off and you may even bring in one percent the amount of business that the company used to work for but that's fine because you have a hundred percent ownership now as I said 100 years ago 200 years ago 300 years ago this would have been the path the path would have always started with you working at a company or an organization and understanding that in your early years you need to prioritize learning over earning earning can come a little later but in your early years I'm talking specifically here as a student as a teenager someone in your early early 20s learning should always be the priority now before I get into real meat of this video on the topic of learning so many of you guys ask very business specific questions or questions that are specific to your situation and unfortunately on YouTube I just can't really answer them so that's why earlier this year I started an Instagram called talk with Iman on there I try to do q and A's once a week I'm gonna be honest sometimes I get busy so it's not weekly sometimes it's two or three times a month but I try my best so I do free q and A's on there and every once in a while I will also do a live q a and just answer some of your guys's questions live so you can just type on your phone talk with Iman follow the account and I will try to answer your question on the next q a that I do but getting back to the main point here the reason I wanted to talk about 100 years ago is I want to explain really what I'm seeing right now in society and why that is keeping you poor that's keeping you dumb and it's keeping you stuck you see the issue is in modern society everyone is in such a rush to become a millionaire and the reason they're in such a rush is because of the things that they think it will give them and by the way I'm specifically speaking to the teenagers and the students here you've got kids who are 16 who are in such a rush to become a millionaire because I know exactly what they're thinking they're thinking hey once I'm a millionaire I'm gonna get all the girls or people are going to be impressed and I'm going to be able to buy these things and I'm going to talk to you very frankly as someone who made their first million dollars in cash in the bank at the age of 18. I'm going to tell you this right here right now when you make money at an early age and I'm not talking early like 25 or 27 28 because that's still earlier or maybe even 23 or 24. I'm talking early as in 18 21.
no one is impressed they just think you are a lucky kid I can tell you this because I experienced this very few people thought he was a genius they're like oh he got lucky at an early age and he's probably gonna lose all of it because honestly that's what happens 98 of the time so that's number one and number two girls don't want you at that age either you have someone like your high school Suite heart who loves you no matter what so it doesn't matter if you make your first million at 18 or a 28 this girl's in it for the long run or if you're trying to pick up new girls they're more concerned with like the 28 year olds the 30 year olds the sort of girls that you think money is gonna attract they don't want a guy who's 18 or 21. so the reason I make that clear is because everyone who's 16 18 20 is in such a rush you know let me make my first million let me make my first million and it's so stupid because they would rather make their first million in something that is pretty much just luck let me let me give you an example they would rather make their first million at 18 or 19 or 20 by some lucky crypto pick you know they put a thousand dollars into one coin and then it turned into a million dollars let me tell you something that will ruin your life forever because first of all making a good amount of money at a young age is already a massive challenge what's even worse is if you got lucky and let's call it what it is and that is luck and by the way I've made a crap ton of money with crypto but I never thought that was me being a genius I just knew hey there's a small part of my Investment Portfolio and cool in two years I made almost 10 million dollars from crypto but that wasn't my career and let me tell you something if that was my career I would be very depressed right now considering everything that's going on in the crypto markets and if I didn't get out at the right time and all of this stuff but for me I was always very chill about it because I planted my seeds I've been an entrepreneur for 10 years I have all of these businesses so I know that I'm going a little bit side tangent here but that's all to say that the best time truly I can tell you the best time in my opinion to make money is from the age of 25 to 30. now I happen to make money a lot younger but also bear in mind I started my first entrepreneurial Adventure when I was 14.
so 14 15 16 17 18 five years it took me five years to make my first million remember what I told you earlier on I said five to ten years to make your first million what happened to me five years so I'm talking and I'm telling you guys from experience so going back to my main point the trajectory whether it's now or 100 years ago I believe that if you are young and when I say young I mean really below the age of 23 the trajectory has always been very clear first you are an apprentice you are sponge you're learning as much as you can you're absorbing everything and then you can become the master now let me tell you something these days we rarely have apprenticeships we have internships and there's a big difference when you're an intern when you're an intern in a big company I've even had friends of mine especially when I was younger you know friends of mine that were my age you know obviously you know for me by the age of 21 I was making millions and millions of dollars a year but my friends that I grew up with were looking at internships and they were telling me Oh you know what internship do you recommend and this and that and I had to tell them very honestly I said listen if you go to a company that's more than 200 employees you're gonna be lost No One's Gonna train you you're not gonna really learn anything but if you look back 200 years ago let's say you were even a locksmith you would be an apprentice you would be young and you'll be studying the craft and even in places like Japan this stuff still goes on you're young and you work for a company that's not massive not too big where you get lost and you learn things and you get to see the back end and you get to see how a master of their craft does something and you get to take all of this in as a sponge I mean it's the best thing you could do for yourself at the age of 17 18 20 21 so just understand the difference between an apprenticeship and an internship really the difference is this one you're going to get time attention and you're going to get to really learn the craft of this one you're just thrown in with the dogs and you have to fend for yourself no one is really going to take the time and care and attention to show you the ropes so I really think that if you're 21 or younger when you're making the decision hey what's my next career move what's my next step forget about how much you will earn from it I want you instead to evaluate how much are you going to learn from it I want you to look at the thing that you're going to learn and go hey you know if I work at this company for one or two years what skills will I learn that will make me so much money it's not even funny at the age of 35. because listen if you can spend even two to three years working at the right company and working your way up through the ranks you should then take that experience and use that to launch pad your own business when the time is right and listen it's nothing personal with your old company you should never breach a confidential quality agreements you should never be disrespectful to your old company you should never step on toes if that company made you who you are but you take that knowledge you do something different you offer something different to the market you offer a different service a different product or maybe you even take that information and partner up with someone and go into a totally different industry but the point is you take those skills that you have learned and you understand and you realize that this is the most valuable asset that you have and you use that to launch pad the next phase of your career I don't think that people especially young people truly understand how important it is to get Insider knowledge you need to get knowledge of the inner workings of the business of the industry now listen the quickest and easiest way to do that is by investing in education either investing in your own learning to properly educate yourself or by getting a coach mentoring guidance that is by far the easiest and most effective way now not everyone has funds for that I understand some people are not position so if you don't have funds for that the best thing that you can do is go out there associate yourself with a good company work your ass off you also need to learn work ethic because here's the thing once you start working for yourself or once you start having your own business I remember what this was like when I was 17.