Tristan's Path to Financial Freedom

Aug 29, 2024

Tristan's Journey to Financial Success

Introduction

  • Tristan, a 17-year-old, shares his journey to earning $180,000 in less than a year.
  • Initially lost over $50,000 in NFTs and crypto.
  • Decided to turn his financial situation around.

Initial Setback and Recovery

  • Lost significant money in crypto during junior year.
  • Felt demotivated but wanted to make money again.
  • Started with getting a job, which helped build discipline.
    • Worked long hours, attended school, and explored business opportunities.

Exploring Business Opportunities

  • Investigated various online business models:
    • Social Media Marketing
    • E-commerce
    • Dropshipping
  • Initial failure in social media marketing due to inexperience.

Success in E-commerce and Dropshipping

  • Eventually turned to e-commerce, focusing on seasonal products like heated jackets.
  • Achieved viral success and significant earnings from online sales:
    • $7,700 in a day, $3,300 another day.
  • Sold a brand for a $10,600 profit.

Social Media and Personal Branding

  • Leveraged social media to grow his business and personal brand.
  • Grew his followers significantly on TikTok and Instagram.
  • Used his social media presence to network and collaborate with other entrepreneurs.

Decision to Quit Job and Focus on Business

  • Quit his job to focus on his own businesses full-time.
  • Realized that working a typical job wouldn’t help achieve his financial goals.
  • Experienced both ups and downs running a business.

Building New Businesses and Mentorship

  • Started a mentorship program to help others learn from his journey.
  • Ran ads and managed accounts leveraging his expertise in social media.
  • Emphasized the importance of building relationships and leveraging social media.

Reflection on Financial Management

  • Advocates for saving and investing wisely.
  • Warns against spending money on unnecessary luxury items.
  • Stresses the importance of having a stable financial foundation.

Decision on Education and Future Plans

  • Opted not to attend college immediately, focusing on growing his business.
  • Believes building skills and businesses early is more beneficial.
  • Considers financial independence and supporting his family as primary goals.

Advice and Mindset

  • Urges to give 110% in every endeavor.
  • Discusses the importance of solving problems to make money.
  • Encourages viewers to make the most of 2024.

Conclusion

  • Tristan is now aiming for a seven-figure net worth.
  • Offers help and advice to others through social media.