The 5 Money Principles that will make anyone RICH in their 20s

855.96k views2988 WordsCopy TextShare
Iman Gadzhi
Your first $1,000 step-by-step here: https://link.digital-launchpad.com/5-principles
Video Transcript:
so you want to become a millionaire in your 20s well these are the five lessons that when implemented will not only put you on the path towards becoming a millionaire but also allow you to level up as a person you see it's one thing to become rich later in life but becoming rich in your teens and even 20s will unlock a level to life that you didn't even know existed and that's not simply because of the money but because of the person you need to become to earn that money I mean take it from me
I made my first million dollar in profit at the age of 18 and honestly the biggest lesson I've learned in the last few years is that there are truly a million ways to make a million dollar and that is why the first lesson is don't be afraid to try making money in different ways now I told you that there are a million ways to make a million dollars and that is true but it's not the whole truth you see about 9 999,000 of those are unnecessarily difficult maybe even more than that yet there are more
than enough ways to make money that although may not be easy are very very very simple now I've made millions of dollars through half a dozen ways and having been in the space for 10 years now I've seen so many different things work for different people one of the biggest mistakes people make is trying to force their way with one money-making method and that's not to say that you don't need consistency in and tenacity when it comes to making money but you sometimes also need to realize that not every method will work for every person
and sometimes it's better to Simply figure out what works best for you rather than keep hitting your head against the wall trying to do a method that maybe works for someone else and that's why I keep saying don't be afraid to make money in many different ways try different things acquire different skills and eventually put many different skills together why do you think I keep telling you just to put one foot forward in front of the other it's because at your stage you need to always be doing and always be learning and before being able
to earn your first million do you need to earn your first $100,000 and before your first $100,000 you need to earn your first $110,000 and earning your first $10,000 all starts with earning your first $1,000 online and if you thought there were many ways to make a million there are even more ways to make a thousand and that's why I've distilled it to its Most B basic element so much so that I've set out to prove that anyone can make their $1,000 online with this system and to prove exactly that I've launched digital Launchpad for
just $37 a month or 74 cents per day if you go for the yearly plan and get a 40% discount you will get access to everything you need to make your first ,000 you're immediately going to have three different Pathways taught by three different experts and you're also going to unlock in an extra four bonus programs and additionally for the rest of this year we are launching one additional program every single month that's going to teach you either how to make money online Network better train better dress better invest better as I said for only
74 cents a day if you go for the yearly plan this is the best way to make money online Bar None So for the price of lunch every single month you can get access to the most fail prooof protocol when it comes to making money online and when I say anyone can make money with this I mean anyone because that's exactly what 20,000 students who have joined this year have proved so now that you've learned the first lesson which is there are a million ways to make a million dollars the next lesson you need to
internalize if you want to become a millionaire in your 20s is that you don't actually have business problems you have personal problems manifesting in your business and let me explain what I mean you see a lot of the times especially earlier on in your career people struggle to get to the next level and when they struggle they look for reasons except there aren't really any reasons they're just scapegoats oh the business model doesn't scale oh my Niche doesn't work oh there just aren't any good products whatever they say the problem is it usually isn't instead
the problem is much more Dee rooted because the problem is with themselves and I know what that's like because I had this in the beginning you know it's funny when I was first gang started in business I thought that my young age had something to do with the fact that I was struggling and then I had to have a very sober conversation with myself and realized that it wasn't my age that was just an excuse I was making it was the fact that I did not understand my market well enough I did not understand how
to put together a good offer so whether that be a good service or a good product at the time I had a service based business and it's so funny cuz one day I woke up and I decided I am going to take full responsibility for everything that's happening in my life and when that happened 90 days later I was making $115,000 a month profit at the age of 17 it's very funny how that works isn't it because 90 days prior I thought it was all my age but 90 days later it seemed like it was
no problem at all it's not like all of a sudden I grew that much you know my face aged nothing no it was all in my head it was simply a personal problem or a personal belief or a personal worldview that was manifesting in the business and that's why I knew I had to change my own ways in order to progress in my business and that was just one example there was many other examples I knew I had to change my own ways in order to progress in my business and so I'll give you a
few more examples to illustrate this point for 1 I knew I wouldn't be able to focus as well if my phone was on the desk next to me so that's why from the age of 17 until 21 I did not check my phone for the first 4 to 5 hours a day and in order to make sure I didn't slip up I would actually put my phone in a vault I had in my house and then I would have a second burner phone that only had Essentials like Audible and Spotify or Uber on there and
in the same way I knew that I focused better and felt better if I worked out first thing in the morning in fact my health had such a profound impact on my business that there was a direct correlation between the months I was on top of my fitness and diet and the months that I made the most money so obvious but sometimes you don't see it in the moment and that's why I had to create systems that made sure I was always on top of my game because if I didn't that my non-b business habits
would begin to affect my business so the lesson to be drawn from this is simply to evaluate your life once you've evaluated your life be honest with yourself identify all the bad habits identify all the things that hold you back and this is especially important in the beginning of your career because as I said making money at that stage is just as much about the things you actively do as it is about the things that you don't do so that means that you need to make sure that your inner state is allowing you to succeed
so make sure that your personal problems don't manifest in your business now the next lesson you need to internalize is that you won't invest your way to riches now I know that when I say that all of the finance gurus will come after me but here's the deal I am not saying you shouldn't invest you absolutely should I started investing from a young age and I'm very happy I built those habits my only regrets is that I didn't start investing sooner but when you only have a few th000 to your name investing won't do anything
for you I mean let's just simply break down the math even if you invest $3,000 into the market you might make what $200 to $300 back back and when it comes to investing it's all about risk to reward that means that you need to analyze your potential upside how much money you can make versus what it actually costs you to lose that and when you're looking at cost you need to think in terms of how it will impact your life so consider this you should never invest more than you're willing to lose and that means
you cannot get blindsided by the upside now some of you might be thinking but if I invest into this altcoin I can 2x 4X maybe even 20x my money cuz bear in mind each time someone has that 20x increase in their portfolio someone else had to hold those losses for every winner that there is in investing there is a loser so beyond the fact that the odds are extremely low let me explain something else to you when you're not actively making money your risk of losing that 1,000 or $5,000 or $3,000 whatever it is you
want to invest is extremely high why well because you don't know how to earn it back so why would you invest the only money you have if you don't know how to actually make money if you lost it you wouldn't even know how to make it back instead let's look at the alternative if you invest just a fraction of that $5,000 into improving your skills there's literally no limit as to how much you can earn this is why you need to invest in yourself you need to invest in skills that can produce more money whether
that means going to business seminars public speaking events or spending $11,000 learning how to code whatever it is anything that can make you more valuable in the marketplace will generate you more money and those are the skills that are going to propel you to riches not investing you simply will not get lucky enough to turn $1,000 into a million dollar by investing it won't happen and honestly even if by some miracle it did happen you wouldn't be able to neither keep that million because you never earned it nor multiply it because you wouldn't be the
type of person that is worthy of that money and you would just self-sabotage and that's the next reason why you can never invest your way into riches being rich is only half about the money the latter half of it and the important half is about being the person to be able to earn it so once you're making consistent money online by all means toss it into the S&P 500 maybe even invest it into some alternative assets maybe watches maybe even go buy some cars restore it whatever you're into but for now just focus on what
it actually takes to earn money realize that your best investment will always be yourself and your skills and listen whether it's a digital Launchpad and you decide to spend 74 cents a day not even a dollar a day for the best online education out there taught by the best mentors so let's say you don't want to risk it and try it for a year let's say you just want to commit to one month $37 the same amount of money you spend when you go to the cinema for 2 hours to watch some random whether you
decide to go for the 40% discounted yearly digital Launchpad plan or the monthly whether you decide to get one of those or you spend $2,000 learning from a successful real estate agent just shadowing him and telling them hey teach me all the tricks of the trade how do I make $100,000 a year as a real estate agent when you are first starting off and you're trying to become a millionaire trying to become the person that can become a millionaire there's no such thing as wasted money when you are investing in yourself cuz let's say you
work with that coach for $22,000 and you even learn one thing that one thing may not make you much money today but in 9 months 18 months 25 months whatever it is that one thing you learn will make you so much more money than you spend on the investment into self-education itself and as I said no altcoin is ever going to give you that because when you become the sort of person that can make a million dollars every single year consistently because you invested in yourself to learn the skills in order to do so no
one can take that away from you no Market change no bull run be run oh crypto's pumping again so now all of a sudden I'm not poor do you really want to be that sort of person now Lesson Four is one that people refuse to learn over and over and funny enough I even see it with some of my success friends they simply refuse to let go of the things they need to let go of for some it's Tik Tok for some it's bad friends for others it's bad diet we all have those things and
that's why Lesson Four is you need to learn to break the shackles you need to learn how to let go of everything that's holding you back so let's just do a simple thought experiment what if tomorrow you got rid of everything that's not serving you and I mean absolutely everything so that everything you did in your life was designed with one goal in mind success what would your life look like if you live like that for just one month now what if that month turned into a year how much further along in your journey would
you be because I'm going to be honest one year is all it takes to turn your life around completely but it all starts with breaking those shackles today and that means delete Tik Tok off your phone forever never download it again unless you're making money with it now don't just stop playing video games sell your console go to some store go to some pawn shop go somewhere and just sell it even if it's cheap you won't need it completely let go of it you know those bad friends you have that keep dragging you down cut
them off once and for all go to your kitchen right now and just throw away all the unhealthy all of it you don't need it whatever it is that is holding you back let that go make the decisions you know you need to make once and for all and then watch yourself propelled to the next level burn all of those bad Bridges and let them light your way now the final lesson is one that I adopted very early on but not because I wanted to but because I needed to now those of you who are
familiar with my journey will know that let's just say that I was forced to be man at the house at a very young age and in doing so I had to make a promise and so when I was 14 years old I saw how badly my mom and I were struggling and I promised her that no matter what it took I would buy her her dream house and a Range Rover and then 9 years later I bought her her dream house for $4 million in cash and there's a Range Rover parked in front of it
so lesson five and the final lesson is to make a promise to someone you love and this doesn't have to be done out of desperation like it was for me but it needs to be someone you love so deeply that you couldn't even conceive of breaking the promise and that's what gives the promise its meaning but this isn't an ordinary promise though as much as it's a promise to the person you tell it to it's also a promise to yourself it's a promise that you will achieve everything you set out to do both for the
person that you love and for yourself making that promise to yourself often just isn't enough so make it to the person you love and yourself Now ladies and gentlemen those are the five lessons that if you actually internalize will set you on a path to becoming a millionaire in your 20s the only thing that stands between you and that far-fetched goal now is a little bit of work so get to it and as always I'll be watching from afar and I'm rooting for you
Copyright © 2024. Made with ♥ in London by YTScribe.com