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I honestly don't want to wait till I'm in my 40's or 50's. I've read a lot of articles about young guys in their 20's and 30's that come up with a good idea or do something entrepreneurial and become millionaires. I'm looking into something more in those means, not working in a corporate job for 20+ years. I want automated and residual income, serious money.
Well I have few connections at this point with big four and kinda secret info about getting in. But I would suppose my plan B would to work for a similar big company that has a lot of opportunities and high pay or even a corporation and work my way up. Maybe start a business or company but I need capital.
Honestly it's probably not going to happen at that age short of some extraordinary entrepreneurial or investment windfall. $20-30k a month for 4-5 years straight would get you there if you lived cheap(ish) and weren't blowing it on Ferrari payments. I imagine that would be difficult for anyone in their 20's to live like that.
Absolutely no dawdling. If you switch majors because you can't make up your mind, you lose. Choose a marketable major and stick with it. Do not take a year off to "explore", keep your connections and work your way up. Always work on the next step in your career and do not get sidetracked. Maintain connections and attend all career fairs. Do projects to demonstrate your abilities, and be able to impress employers. Research what they do and go in to your interview ready to talk about what they do and demonstrate that you have relevant abilities. I don't think becoming a millionaire at that young an age is remotely realistic, but by 45 or 50, sure. Just don't blow all your money and invest wisely.
Going to college and getting a day job is a rare recipe for making anyone a millionaire. Financially secure sure.
Starting a successful company or brand is really the only way anyone in their 20's becomes a legitimate millionaire, outside of inheriting it. Maybe a handful a guys who went to top schools and make it big on Wall Street or in big law could get there before 30 if they lived a bohemian lifestyle and saved most of their money. Most of those guys don't do that either tho. (They go for the $4,000 apartment in Manhattan and do bottle service with boys every weekend and generally go out and live the high life.)
Listen all you people, come gather round
I gotta get me a game plan, gotta shake you to the ground
Just give me what I know is mine,
People do you hear me, just give me the sign,
It ain't much I'm asking, if you want the truth
Here's to the future for the dreams of youth,
I want it all, I want it all, I want it all, and I want it now,
I want it all, I want it all, I want it all, and I want it now!
Written by Brian May
Yeah, I'm looking for serious ways though. I see hundreds of people on "Shark Tank" or people who sell products or have companies online and make loads of passive income. I'm thinking something that would take off. I am aware that it isn't easy, but I am willing to try.
And I don't agree with the comments about not getting married because it is almost inevitable to avoid falling in love. You cannot control that many times. Plus if your wife has the same money values and makes good income, it can help to increasing wealth.
Does anyone have anything else to say? I appreciate the MMM forum, it has a lot of good resources.
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