Chapter
Betting on Yourself as an Entrepreneur
21:04 - 24:44 (03:40)
The speaker shares advice to young people who choose a non-traditional path and suggests they should aim to increase their income every two years by a fixed percentage. The speaker also discusses personal investment successes and encourages budgeting as a means to achieve financial stability.
Clips
Entrepreneurship and choosing a non-traditional career path involves losing and winning big.
21:04 - 22:39 (01:35)
Summary
Entrepreneurship and choosing a non-traditional career path involves losing and winning big. It is crucial to keep track of earnings over time and ensure that there is an overall increase every few years to make the risk worthwhile.
ChapterBetting on Yourself as an Entrepreneur
EpisodeThanksgiving Special: Great Finds (Products, Apps, Media)
PodcastMy First Million
This entrepreneur started his business in his early 20s, and for the first year, he paid himself only $20,000.
22:39 - 24:05 (01:25)
Summary
This entrepreneur started his business in his early 20s, and for the first year, he paid himself only $20,000. The first few months were not profitable until February 1st, where things started changing.
ChapterBetting on Yourself as an Entrepreneur
EpisodeThanksgiving Special: Great Finds (Products, Apps, Media)
PodcastMy First Million
The host and guest discuss the benefits of living below your means and being resourceful when it comes to finding affordable living arrangements.
24:05 - 24:44 (00:39)
Summary
The host and guest discuss the benefits of living below your means and being resourceful when it comes to finding affordable living arrangements.