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Brutally Honest Advice for Men in Their 20s
Jul 28, 2024
Lecture Notes: Brutally Honest Advice for Men in Their 20s
Introduction
Speaker made their first million at 26 and reached a 100 million net worth by 31.
A road map of lessons learned shared aiming to offer honest advice to young men.
Work Ethic
Recommendation
: Normalize a 6-day, 12-hour work week for men aged 16-28.
Emphasizes trading youth energy for experience.
Critiques society's notion of self-worth, stating your value is based on utility, especially when young.
Key Rules of Entrepreneurship
Rule of Resourcefulness
: Use what you have; don't wait for capital or connections.
The importance of skill development through practice and accepting failure.
Financial Strategies for Young Men
Assess Your Finances
: If you have less than $100,000 in savings, adopt frugality.
Lifestyle Adjustments
:
Stop eating out; opt for discount groceries.
Avoid buying new clothes; shop at Goodwill.
Attend only free events with friends.
Focus on Income
:
Apply for jobs that pay more.
Pick up side hustles.
Learn new skills for higher pay.
Work Ethic
: Find the hardest worker and double their effort.
Be Patient and Aggressive
: Wait 36 months while working hard and being patient with outputs but impatient with inputs.
The Value of Hard Work
Working hard develops valuable skills applicable across domains (e.g., sales skills can improve personal relationships).
Hard workers learn through volume and feedback.
Building Experience
Seek out high-volume sales opportunities (door-to-door, cold calling).
Document and analyze your performance to learn from experience.
Dealing with Challenges
Acknowledge the importance of mental health but focus on avoiding distractions and not self-sabotaging.
Recognize trauma or hardships as opportunities for growth.
Importance of Discipline
Emphasizes getting in shape and maintaining a disciplined lifestyle.
Good habits, such as going to sleep early, result in better decision-making and productivity.
Humility and Learning
Humble yourself and seek guidance from those more experienced.
The distinction between intelligence and experience is crucial; learn from others to avoid mistakes.
Goals Over Relationships
Your goals should be prioritized over friendships that do not support your aspirations.
Accept the loneliness during the transition between old and new friend groups focused on growth.
Resilience and Long-Term Vision
Hardships are part of the journey; use them to build character.
Be prepared for challenges, stay focused on your goals, and use obstacles as opportunities for growth.
Final Thoughts
Mindset Shift
: Treat actions as your response to fear; inherent struggles can be a source of motivation.
Relentless pursuit of your goals and value of continuous self-improvement.
Conclusion
At the end of life, individuals reflect on actions taken; prioritize actions that lead to growth and fulfillment.
Recognize the non-linear nature of success; timing and persistence matter more than instant results.
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Full transcript