Entrepreneur Gary Vaynerchuk's V Friends NFT collection has generated $93 million in sales and is valued over $500 million. Vaynerchuk has made an estimated $10-$30 million from the project and continues to be a prominent figure in the crypto industry.
The age of billionaires seems to be getting younger and younger, with 26-year-olds now being worth $10 billion. This new trend may make it seem more achievable, but it's important to recognize the hard work and success these young entrepreneurs have achieved.
Building a company with a massive impact such as Tesla or Stripe is possible, but requires a significant margin of error, immense stress and a considerable cost to personal life, according to Jason Calacanis. He adds that achieving balance could be a way to create a company potentially worth hundreds of millions of dollars, without having to make too many sacrifices.
A successful business can be a source of funding for passion projects. A couple's business venture generated millions of dollars per year which allowed them to create a fund for investing in cool stuff.
Sean McClellan's new project, called Loot, aims to help users find discounts on popular software tools like AWS, Slack, and HubSpot, potentially saving them thousands of dollars a year.