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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.
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Full transcript