Thread by @WrongsToWrite

7 simple steps to go from $0 to $322,000 + in 4 years

• No degree
• No handouts
• No wealthy family

How I did it at the age of 19.

And how you can too.

-THREAD-

Before starting, understand:

Leverage is everything.

And comes in different forms.

• Social:

Your network multiplies your opportunities.

• Knowledge:

Your skills multiply your pay.

• Monetary:

The money you invest multiplies your wealth.

1) Understand Your Why.

You will face adversity.
You will question yourself.
You will face times of despair.

But your reason will keep you going.

Financial independence to pursue a meaningful life was mine.

2) Learn a Skill.

I didn't know what I wanted to do when I was in high school.

So instead of racking up debt in college,

I went to trade school and became an electrician.

Was I passionate about it? No.

But I wasn't going to be passionate asking people "Want fries with that?"

Google is the new library.

Youtube is the new classroom.

Use them to learn an in demand skill.

• Sales
• Coding
• Web design
• Copywriting

You get the idea.

Something that multiplies your income.

The less people that can do your job, the more you'll get paid.

3) Leverage Relationships.

Once I became an electrician, I needed a job.

My older brother was also an electrician.

So I leveraged his contacts to get me a job on a gas plant when I had 0 experience.

If you don't have a network,

Create one.

• Find a mentor
• Take an internship
• DM people on Twitter
• Do free work for someone

Give value to those you interact with and have a personality.

Some of biggest opportunities come from where you least expect it.

4) Work Hard but Work Smart.

It's cliché but if you want wealth, you have to put in the work.

I worked 84+ hour weeks as an electrician.

Looking back, I would have picked a different skill.

Something that paid for results delivered, not time put in.

If your input matches your output, you're doing it wrong.

For example:

• Create 1 course, sell it infinite times
• Create 1 YouTube video, have it viewed infinite times

You can still build wealth if you don't do this, but it'll be much slower.

5) Prioritize What Matters.

I had to sacrifice a lot to get ahead in life.

While friends partied, I worked.

While friends watched Netflix, I read books.

While friends leased new cars, I drove a 2006 Corolla.

Prioritize what you want most, not what you want now.

6) Invest What You Earn.

The only reason I made any significant money was because 50% + of my pay checks went into investments.

I was able to do this because I:

• Didn't buy dumb shit
• Drove a fuel efficient car
• Didn't eat out and drink 24/7

Most people fail at investing.

Not because they don't understand how, but because they don't master their emotions.

You're unhappy, so you buy expensive stuff to feel better.

You're greedy, so you buy when DogeCoin pumps 1000%.

You're anxious, so you sell when BTC drops 5%.

Investing also comes in many forms:

• Health
• Mentality
• Emotions
• Knowledge
• Relationships

Your highest ROI will come from these, not money.

7) Trust yourself.

I watched my investments go down 90% for 3 years before I saw any gains.

However, I put in countless hours studying and learning.

I trusted myself.

I continued to invest, even when friends and family doubted me.

Only you know what's best for you.

I am not the crazy wealthy,

But this is what I know from personal experience.

1) Understand Your Why
2) Learn a Skill
3) Leverage Relationships
4) Work Hard but Work Smart
5) Prioritize What Matters
6) Invest What You Earn
7) Trust Yourself

I hope this helped.

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