Get Rich in Your 20's: DON'T Start a Business ... YET!

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DON'T start a business until you KNOW what you must know to maximize your chances of being successful! To get rich in your 20s or 30s, don't start a business until you've followed the advice in this video to prepare yourself. This advice goes for any age. An important step: Skill stacking.
Your host in this video has been the CFO of several software companies and offers a lifetime of business experience to his audience. Will has an undergraduate degree in Economics, an MBA in finance from Cornell University, earned the CFA charter (Chartered Financial Analyst), and has worked as an equity research analyst at top Wall Street firms in addition to his experience running entrepreneurial companies.
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#makemoneyonline #passiveincome #williamlee

Опубликовано:

13 июн 2023

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Комментарии : 81

@TheBestWill Год назад

The BEST way to prepare for starting a business is to GET EDUCATED on the business topics and skills you must know as an entrepreneur. Check out Skillshare for a wide selection of online classes taught by experts. skillshare.eqcm.net/nLNYoX

@ys1197 Год назад

Yo, if that is an affiliate link you should inform it. I don't want you to break RU-vid guidelines 💕

@AMPProf 6 месяцев назад

Ohh yah like the old say "Go work at The corner store first"

@SIARSEDIG Год назад

In a world filled with fake people, it's nice to see a knowledgable guy with moral and ethics.

@TheBestWill Год назад

Thanks, much appreciated!

@skugga7 Год назад

I just took Business Administration courses this year, and I have come to the conclusion that anything that is being taught there can be learned online. Discipline is definitely vital in self-learning, and if one has that, I would say there is no need to take an expensive course.

@TheBestWill Год назад

Totally agree. Thanks!

@maminoo50 Месяц назад

This channel is so underrated!! We need more people like you sir

@TheBestWill Месяц назад

Thank you!

@KP-sg9fm Год назад

I really like your videos because they seem actually honest which is rare in most of the content these days because everybody is trying to optimize for the algorithm. I hope you can continue to do that but I definitely understand if it impacts your viewership fingers crossed! Best, KP

@TheBestWill Год назад

Glad you like them! Thanks!

@barbellsjoysticks9802 11 месяцев назад

I got conned in to starting a business I had no idea about and didn’t have the finances for. It was during Covid when I wanted to learn about real estate investing and the slick snake oil salesman made everyone think you can start a real estate wholesaling company without using your own money. I ended up failing in that business and wasted a lot of money in the process. I really wish I had this video then. I love this advice.

@TheBestWill 11 месяцев назад

Ouch, sorry to hear about that experience! Thanks very much for your compliment on the video.

@Black.Sabbath 5 месяцев назад

Lol sounds like my boss promising the world.

@xf4628 6 месяцев назад

I found your videos yesterday and subscribed immediately. I like you talk about topic straightforward and honestly. Thank you

@DrE2555 Год назад

Dude I never hit the like button, but you ask so nicely.

@TheBestWill Год назад

Thanks!

@bethm3152 5 месяцев назад

Thank you for this. So much good information

@Ken-ul6ll Год назад

Please make more videos about skill stacking as a future business owner. I am 31 years old now, and I suffered earlier in my career because I was impatient and felt like I wanted everything right away. I beat myself up for not starting that sexy new startup while I didn’t have any actual skills or experiences to leverage. Now, I’m in a role that allows me to learn the nuts and bolts of finance/accounting because I have an actual outlet for my passive knowledge. In the long-run, I am putting myself in a position to do something interesting (build a business). I feel like taking your time to learn on the job is the right approach for most people wanting to be future entrepreneurs and I try to remind myself of this frequently. The only thing I’d add is “planned serendipity” to increase your luck.

@TheBestWill Год назад

Thanks, Ken! I'll give it some thought.

@WC1Master Год назад

Love the information. You seem like a real and genuine person. Much appreciated.

@TheBestWill Год назад

I appreciate that! Thank you

@NicoleGDesign91 Год назад

I enjoy your videos, great info and the sprinkling of humour keeps it real. 😊

@TheBestWill Год назад

Thanks, Nicole!

@g-win6952 Год назад

This video is pure gold. I wish I can like it more than once. Exactly what I needed.

@TheBestWill Год назад

Thank you so much!

@Atulwebdesigner 11 месяцев назад

Awesome value packed, Video, William. Great insights.

@TheBestWill 11 месяцев назад

Glad it was helpful!

@FlatLeeo Год назад

Great content man, I'm glad I found you!

@TheBestWill Год назад

I appreciate that! Thanks!

@NinjaRunningWild Год назад

Humor doesn’t hurt anything but please don’t become a joke channel. I greatly appreciate how pragmatic, to-the-point, & no-bs your videos are. Kudos for that!

@TheBestWill Год назад

No concerns about that! Will stay to the point.

@cargon28 Год назад

It's amazing to watch that all the job I've done trying to sell and oratory, was a good investment on my 20. Now I'm 30 looking to do something related to Data Science as freelancer.

@TheBestWill Год назад

Good luck to you, sounds like you're learning the right things.

@Harvert0 Год назад

That's exactly what i need, GREAT Video from you sir , i really appreciate the knowledge.

@TheBestWill Год назад

Thanks!

@carteor Год назад

Thank you for the video

@TheBestWill Год назад

You're welcome

@Black.Sabbath 5 месяцев назад

3:05 accounting 4:40 5:40

@akilletaylor6628 6 месяцев назад

Hey Mr. Lee, I've grown quite interested in your content; however, I would like to do more research into your background. Are there any areas that I can acquire more information on your track record from independent sources?

@tygulick 9 месяцев назад

Yup. Awesome. Funny is good!

@terryo5672 7 месяцев назад

I started a business in my 50’s. Up until then i got all necessary qualifications and experienced the corporate world. You have to learn from established business before doing it alone. In my 50’s I then had experience, a strong network and deep understanding of the market. Up until I didn’t know where the gaps in the market where.

@TheBestWill 7 месяцев назад

Totally agree. The problem I see a lot of is people thinking they need to start a business now or they'll miss out. That's rarely the case, except when there is a new innovation to capitalize on. And even then, MOST new businesses will still fail.... even more likely if the founders don't have a solid business background.

@u.b.omkhulu 6 месяцев назад

thanks

@me0101001000 Год назад

I studied engineering and business in undergrad, currently doing doctoral studies in chemistry. Told myself I'd go startup if I can find a lucrative solution to a problem during my PhD. For business tools and classes, I recommend Professor Aswath Damodaran. He's a professor at NYU's Stern School of Business. He puts all of his lectures on RU-vid.

@Fuckeverybodyish Год назад

Thanks for the tip! Will look into it.

@TheBestWill Год назад

Agree, he's one of the leaders. He's particularly well known for his work on valuing businesses.

@joehye3610 10 дней назад

love the channel. keep the beard.

@calebbeheaton Год назад

Hey Will, I’m 18 years old and am starting college in the fall with a major in business. I’m still trying to decide between a marketing concentration or finance concentration, and was wondering if you had any advice on which would be more useful for future entrepreneurship.

@TheBestWill Год назад

Probably Marketing, for a bunch of reasons. You could always major in one and minor in the other, or if you're bold do a double major!

@calebbeheaton Год назад

@@TheBestWill thanks!

@Bob-The-Guy Год назад

SCORE is a great resource.

@TheBestWill Год назад

Yes, definitely worth checking out.

@jarenfromvenus Год назад

I love Score.

@mikieemiike3979 Месяц назад

I started a shirt printing business and it was rolling, but i lost my passion quickly. Then i started a junk hauling business. It was going well, but my truck to a hit and Angi was ruthless. If i answered the call i had to take it. There i was picking up dog poop an hour away because i took the call.

@farazmubeen2739 6 месяцев назад

How to start a business in software industry..plz be specific

@quantumsodapop Год назад

How do you think a vacuum selling business would do

@TheBestWill Год назад

Depends on where you live. In the U.S., vacuums are easy to buy in stores and on Amazon, so probably not great here. Vacuum repair might do okay.

@willridgway2513 Год назад

I'll even comment bc you got a cool name

@TheBestWill Год назад

Hey, so do you! Thanks!

@mermaidman7069 11 месяцев назад

Well I wasted my 20s doing stupid stuff. I wished I would have come across this video when I was younger.

@TheBestWill 11 месяцев назад

It can be heard to be patient and focus on learning and growing skills when we're young because we so often want to get going NOW rather than hold off a little longer.

@kanenicholas11 Год назад

Pls keep doing the breakdancing mid video

@FTADaddio Год назад

Break dancing cats

@TheBestWill Год назад

Thanks!

@gmorb666 7 месяцев назад

Dude really said "get rich in your 20s" i started a business when i was 26 and only now ive realized my business is shit and I may quit or see if i can fix it in the next 2 years. Im 32 now lol so much wasted time. 😂

@TheBestWill 7 месяцев назад

I'm sorry it didn't work out, but I hope you learned a lot and it will serve you well in the next thing you do!

@HeathenwoodOfficial 11 месяцев назад

Are you having a good day?

@ecs-maths Год назад

So What about people over 30, are we doomed 😂😂😂?

@TheBestWill Год назад

Funny, I thought about that! I think people over 30, generally speaking, have had a chance to learn more already and are probably less impulsive, so it made sense to me to give this advice to the younger crowd.

@peterwlodarczyk3987 4 месяца назад

I’m 12 and I own several digital media companies, a gas station chain in New Mexico, and a Chilean cricket team. I bought my first bank when I was 8. I came to your channel looking for good Etsy side hustle ideas to supplement my income a little bit while I’m out prospecting oil fields but I don’t think I’ll be coming back after this ageist tirade.

@rogue-ish5713 Год назад

AI is forcing people into this direction. Everyone will be a business.

@lutherwelch 11 месяцев назад

🎶 *Promo sm*

@Keshly16 7 месяцев назад

Man, i wish mark zuckerberg took your advice when he was younger, he'd be so rich by now. Dont start a business before stufying the market your going into- agreed. If there is buzz around a certain industry, your sittingon limited time bfore a bust happens. Starting a business is allot about time. Its clear what the older generation wants (unmotivated and mediocre) people want is for me to becme dependent on a paycheck from a company that can fire me any second. Pets put it this way, if you have to try to convince someone to not start a business out of fear of it becoming a sucess, your already in a losing battle. Thus, im not even mad at you, its actually somewhat kinda sad.

@TheBestWill 7 месяцев назад

How many Mark Zuckerbergs are there in the world? 1. Your argument is like saying that a solid investment plan is to buy a lottery ticket. The only problem with that plan is that only 1 person wins the lottery and everyone else ends off poorer for trying. A far better plan is to actually learn about how business works before trying to start a business. I'm not even mad at you. But it's kinda sad you think you might be the next Zuckerberg and the world needs you now. Good luck with that.

@BloodyBen101 Год назад

Just saying if you got hair implants for 3k, contacts and a fashion makeover I bet you'd be a 10/10 stud. Already have the confidence and presence. Honestly the look doesn't seem to match the energy. Would be cool to see the makeover!

@TheBestWill Год назад

Awesome, I'll start saving up!

@BloodyBen101 Год назад

@@TheBestWill hahaha. I bet the whole makeover is 6k you've got it. My friend got it done in turkey, he looks 10 years younger.