How to become a beast in your 20's

// A THREAD //

1/ So here is a thread on how I turned $32,000 into $1.2m and back to pretty much zero (once taxes are paid).

Just note, I am not bitter or salty in any way at all, the last 2 years have been an amazing ride - travelled the world, been wealthy, been poor.

2/ Dec '16, my advertising agency folded, I had a little bit of money left and I put $32k into Bitcoin and Ether. As it started to go up I diversified into everything, Monero, Dash, this that, any crap - even Ripplecoin. Everything just kept going up.

3/ By March I think I had around $300k and $500k by the summer. I used to take 25% out but towards the end of the summer I got greedy and put it all back in and by December it was $1.2m.

4/ Thinking I was an absolute genius I decided to start a bunch of businesses. As silly as it sounds I had this goal of making $5m as I wanted to buy Bedford Town Football Club and get them in the league, and as Crypto was going up forever I needed 6 months.

5/ So:
- Trading (income 1)
- Podcast (income 2)
- Mining (income 3)
- Mining pool (income 4)
- Consulting (income 5)

Yes - all of the above as a one-man army :)

I used to work 14+ hour days and have a 'no days off' mentality. This year I cut that shit off and focused on building a career and life of quality. The results are higher income, more time to enjoy life, schedule on my terms + stronger relationships. Fuck your "hustle."

The reality is 99% of people's "hustle" is just them hustling themselves. Hustling yourself out of life and into a worker cog. The exact opposite of what you want to become when you're an entrepreneur. You're becoming the same system you sought to destroy.

To build a successful business it takes way more than just plain old hard work. I am a huge believer in American grit, not American hustle. You need hard work, but if that is all you can bring to the table, you have no place running a business.

People work hard because they believe in what they're doing or they feel they have to make it happen. I get that. We have families and people counting on us. But you are failing them all when you live in your office.

We are privileged in even being able to run a business. If you are lucky enough to do that, you owe it to yourself, your loved ones, and the people counting on you to do it the right way. Be healthy. Sleep. Live your life. Be more than your career. 🖤

Something I wish everyone knew: the bar's not as high as you think.

You can get that job, meet that person, start that company.

But because you think the bar's so high, you won't even try. Which is what makes the bar so low!

The 🔟 Most Important Money Lessons

I Wish I Could Teach My Younger Self 🧵

1⃣ ALWAYS live below your means

2⃣Developing a long-term mindset

is the foundation of financial success

3⃣In the beginning, your savings rate is all that matters

Eventually, your investing returns are all that matters

Focus your time accordingly

4⃣Financial freedom is achievable

The price is ~10 years of hardcore saving/investing