Brutally Honest Advice for Men to Win in Their 20s

Introduction

• Speaker made his first million at 26 and reached 100 million net worth by 31.
• Aim to help young men (16-28) excel during this critical growth period.

Work Ethic

• Normalize a 6-day work week, 12 hours a day for young men.
• Self-worth is determined by utility; younger men often have less but possess energy.

Key Principle: Use What You Have

• Many don’t start due to insecurities (capital, connections, etc.) but should utilize their existing resources and energies.
• Emphasize resourcefulness over resources.
• Gaining skills requires practice, learning, and making mistakes.

Financial Strategies

If You Have Less than $100,000 in Savings

1. Check your ego. Don't care about others' opinions - focus on long-term goals.
2. Stop eating out. Focus on discount grocery items if very broke.
3. Avoid buying new clothes; shop at thrift stores.
4. Attend only free events. If friends don't support your goals, reconsider the relationship.
5. Use time wisely:
   • Apply for better-paying jobs.
   • Seek side hustles.
   • Acquire skills for a higher hourly rate.
6. Outwork the hardest worker at your job.
   • Example: If they make 100 dials, aim for 200.

Importance of Saving and Investing

• Build a cash reserve to minimize survival mode.
• With savings, think long-term without immediate financial pressure.
• A larger cash reserve allows for aggressive growth and risk-taking later.

Financial Survival Tactics

• Set a lower standard for survival by minimizing expenses.
• Example: Live on less than what you earn to foster savings.

The Long Game

• Experience the importance of patience with outputs and impatience with inputs.
• One decision can alter life’s trajectory - be aware of immediate consequences vs long-term impacts.

Value Creation

• To earn money, you must provide value. Skill development enhances your usefulness.
• Skills learned in one area (like sales) are transferable to other domains.
• Many successful individuals began in high-volume sales environments, which helped develop their skills.

Learning from Experience

• Document your process to identify what works and what doesn’t.
• Focus on achieving small wins and feedback to foster improvement.
• Acknowledge the distinction between being inexperienced and being incompetent.

Building Resilience and Overcoming Obstacles

• Hardship and trauma can serve as motivation for growth.
• Work diligently and consistently to build discipline and character.

The Idea of Balance

• Balance is often an illusion; exceptional outcomes require intense focus.
• Success in business often comes from periods of hard work and sacrifice, which fosters greater future opportunities.

Final Thoughts

• Utilize the discomfort of hard work to reshape your identity for success.
• Pursue continuous learning: the more you learn, the more capacity you have to grow.
• Ultimately, the difference between successful individuals and others is their willingness to work harder than those with distractions.

Conclusion

• Youth is a time to invest energy into growing skills and building a foundation for long-term success.
• Every action taken toward your goals will eventually be rewarded—the consistency will pay off.
• The journey may be challenging, but persistence leads to substantial rewards.

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