Successful "Young Entrepreneurship" is Mostly a Myth 

People don't check the data :/

Lol was about to disagree with your title but I take that back. Young entrepreneurs are real, successful ones are very very rare. I'm 25 and I've been building my brand and haven't made a cent. I have 6 failed businesses behind me, and this current beer related one is picking up. It takes fucking patients and will to do as people may want to give up after 6 failed businesses lol. That's why soo many people just come out of the gate with a scam because they want to avoid said tribulations

I'll have you kno, my unicorn-focused genetic engineering trials are on track to finish by the time I'm 25... in dog years

I needed to hear this. 😂😂

Normal is overated. BUT Gary Vee says that "50 is the new 40". Don't worry about it if you're not successful by 40, you still have plenty of time... Note: success is relative, you define what success is, to you.

😂 When did he start 'knowing' about this long-term mindset? Or is he repeating someone else? He started developing a plan before he came to earth? 😂

"Freedom has a price, and the price is money." - Timmy, age 11

i gave my 3 year old the choice of $100k now or $10k a year for 10 years. He said "life is short, and a lump sum provides greater opportunity for investing in myself." I knew i raised him right.

What the media won't tell you is that Timmy owes most of his success to his two fairy god parents.

ad a £3000 donation to Brian Rose at London Real

That's a wonderful quote.

Pretty sure heard this somewhere on a certain book

@@mildlycurious8333 that quote is in alot of books.prob in a habit based self help book

This comment is underestimated

A lot of this is because of school. School says you have to succeed every 3 months again and again. In reality, 18-24 months is quite fast to learn a skill, or even 36-48 months. That’s just fine.

Ah ah

They aren't wrong tho, working doesn't make you money

@mynamepedro prove that 'working doesn't make you money'

@@colin8302 I think the point is that. Working a job likely won't necessarily move you far ahead (incline higher) and will just stagnate your progress. Preparing to invest would help out in the long run due to money increasing through percentages instead of a near flat rate.

@@Ace-Ace1 still you can’t make it anywhere without hardwork

This is so true. Thanks for sharing.

This is true, but if you have the opportunity then you should probably take it if you're ready. There's a good reason people do this when they're young and have fewer responsibilities and time for their work to compound. I know of 4 people off of the top of my head (only mutual friends with them) that ended up starting companies out of school and got a little bit of funding. One dude ended up selling their company for like low 7 figures, other two got low 7 figures of funding and are still grinding it out I think. Last one did it in the early 2000s and sold for low 7 figures. Paul Graham essays are actually pretty good on this stuff I think, better than anything I can write. No doubt you know more than me quincy, but follow opportunity my dudes, whatever your age. Definitely don't do it if you want to be a lambopreneur con artist or just the fame. At the end you will have hopefully earned or at least learned a lot

its the American Idol myth that "Anyone can do it, all you have to do is start!"

You name sounds familiar ;)

hmm. but at least they learned some lessons when it comes to being an entrepreneur or managing stuff. Yeah, its pretty risky but that comes with the practical knowledge you gain. And, at the end of the day, there's not much to lose when you're in your 20s... yeah 30-40k or even more dollars for startups, but you get in return knowledge and took the risk as early as possible rather than at +30 yrs old which considering at that time, you might put yourself and your wife and kids at risk. As in regard to working for other people's companies - yeah you can always find jobs even after +30 years old and play the cards the safe way... That's good for some people who want to take no challenges and live a "boring" life in a cubicle. If someone really loves being an entrepreneur and doing something that he loves even considering that the odds are not really in its favor, I think most young people should go ahead and just try it. I'm not saying to be deluded but prepare to put in the hours and face all the obstacles.

I sware that line is in his theme song

Not Always 50 %

Generally speaking Ignore statistics. I keep it in mind and learn from mistakes then proceed.

@@Name-mi7bx so true, common sense is also vague.

There are 3 kinds of lies. Lies, damned lies, and statistics.

@Paya Chinglish what do you mean

Exactly.

Yes yes yes yes yes and yes. Dude, I just saw a guy today that sells rugs. RUGS!! I think a lot of people also forget about plumbers, electricians, etc that make some preeeety good money

You don’t earn 6 figures starting a unicorn, you earn 9. You can earn 6 figures doing just about anything

@@sticklebacketienne not in latin america tho, selling online however is a possibility for latin american players

Another interesting find by Harvard: most successful entrepreneurs had previous jobs in the industry they enterprised.

Agreed... Especially the first three until six months running a business, there will be a lot problems

Yes... but you held 5 minimum paying jobs until you were ready. I’m not saying you can’t be an entrepreneur at 20 but it’s rare to see one that goes on to make the kind of money that they think they will make without learning hard financial lessons.

@Jaquan Kelsor THANK YOU!

Cause you baby boomers sold us a dream not our faults

@@pinviewapp8908 you can edit your comment by pressing on the three dots in the corner of the comment :)

Yeah. It's carefully curated marketing to come across as being a rags to riches story.

Most millionaires inherited their money and almost all billionaires had millionaire parents (or straight up billionaires). But mass media sells the american dream because it's paid by those same millionaires and billionaires who want people to believe that they deserve their money. Also, most of them are incredibly inept when put into real scenarios where their expertise would make or break a company. Just look at Zuckerberg and Musk, both stumbling down the Forbes rating after taking a risk because they overvalued their own intelligence.

@@crix_h3eadshotgg992 wut happened

@@greenchimney8388 just a spelling mistake

Very true.

This right here

True. Which is part of the reason why starting older tends to be better because you're already in the industry and have connections yourself

@@MA-go7ee Exactly

Very true. Out of the big founders which are always talked about, (Bill Gates, Steve Jobs, Mark Zuckerberg, etc) the only one who didn’t really have very well off parents or industry connections was Steve Jobs. And even then he was lucky enough to be born in Palo Alto right when the tech boom was happening.

"Most of the unicorns went ivy league schools and come from relatively well off families." Of note, the 2nd factor matters WAY more than the 1st. Ivy league education being better, at least for tech, is just as much a myth as that of the young entrepreneur. The best technical schools are not Ivy.

@@kgoblin5084 true , a lot of people think Ivy schools and their education is better , when its simply not. its just a label of being "elite" and coming from a well off families at this point

@@neel.KAITH2005Ivies are great if you want to work in wall street or consulting in a prestigious firm like Mckinsey/BCG/Bain .

Also, rich family connections means that they have a "golden airbag" to cushion the blow legally & financially if their business goes bust.

Agreed too.

100%

This whole „you‘re old at 30“ pisses me off to no end tbh. The fuck are you on about? 35 is LITERALLY when „middle age“ BEGINS. It just means we‘re no longer widdle babbies or something, I dunno. If my children ever try to pull that on me there will be words. Probably better chosen than in a heat of the moment YT comment, but still. The internet is pure poison when it comes to ageism. What started as a joke (gosh, I feel old) began to be taken too literally (you‘re old!) and turned somewhat self-affirmatory (I just turned 30, I‘m old now). Real-life begins somewhere around 22-25, when you finally get to leave school. Reminder: You started school at 6. Your entire LIFE has been nothing but school.

🙌🙌🙌

These VC's better watch out they will be left with a bunch of people that look like George Santos and Elizabeth Holmes. Yes these two who faked their lives to get the attention of VC's voters, donors and lobbyists so they can be "Early Success"

💯💯💯💯💯💯

Yep, most of these "self made" young business owners or entrepreneurs have rich or at least well off parents. Sure some have come from nothing, but I'd bet most had a cozy fallback if their business fell through.

Facts... Background matters! Access to connections, capital and capacity support is a game changer. The narrative of Gates, Zuckerberg, Dell etc dropping out of college or creating a dorm room startup ignores one big fact....from which college did they drop out? Which dorm room did they start off in? Harvard etc.. Who goes to Harvard? Elites..

The edge people from successful families have? An ability to comfortably present themselves to wealthy investors or clients. A different mindset of what is realistic/normal. Growing up with very different expectations of them. These are not trivial differences - they are huge.

@@Carthodon I don't doubt they earned access by merit. And my comment isn't a criticism of them. I'm simply demonstrating the fact that access and privilege does give an advantage... that's an undeniable fact. Hardwork, innovation and the rest is necessary to grow and sustain the success but privilege opens doors that give a head start. Some VCs for example will only take meetings or accept proposals from "recommended" people. So to even get access one must know someone influential. If you aren't in those circles thats automatic exclusion whether your business has great potential, whether you work hard and you're innovative and creative. You are excluded! No grudges against anyone with privilege, it's a gift of birth and may they use it wisely. But, lets acknowledge the fact of the head start privilege gives.

@@-Jason-L so true. Nepotism helps people get through the front door faster.

YESSS!!!

I was going to write something similar. Someone who's more "street wise" probably won't accept investment unless they really need it or it'd be beneficial in the end. Why would you give away a big piece of the cake when you don't need to right ..

As I saw more and more technolgies being developed for the financial world and with the ability to get information in a matter of seconds I tought investors would become more rational but It turns they just became more emotional and risk adicted, this young entrpeneur archetype for example Is a reflection of how succes Is stereotyped even at the big leages since there are massive funds throwing money at companies only because they claim to be tech and have an out of the box young leader (like Softbank with WeWork)

Well said.. I noticed this while working as a VA for a young startup CEO..

@@renegarcia2857 So far as the financial world goes, the problem I think is that the 'big leagues' relies less on smarts and more on big established enterprises that can afford to bumble around and prosper by sheer mass. Big enterprise corporate culture has NEVER been smart. That's why we see startups able to run circles around them so often.

What business did you start Dave?

Congrats! That's what it's all about, it's never too late

@@miguelrodriguez-pe1ss I tutor senior citizens in the use of technology by visiting their homes. I just love helping these people. But you've got to love whatever it is that you do to be any good at it.

Nice to hear! All the best, cheers

Congrats that is true if you work at some industries where the average successful person is between 45-54 you did it!

16 but same here

You've got a whole life ahead of you, mate. No need to figure it all out so soon.

@@thecatherd thanks man, I needed to hear that.

Honestly, you sound exactly like me. I‘m 36. Go figure. 🤷‍♀️

Get over yourself bro

Huh, that's true. I no longer thing of entrepreneur as "business owner" i think of some Instagram dimwit flexing behind a lambo

Accurate 📌

Entrepreneur can normally be substituted for wantrapreneur ...

@@ninjablack4347 I will never think of those people as Entrepreneurs, I think of them as conning dumbass scum mostly.

I see that most entrepreneurs (the real ones) don't call themselves that, they identify themselves with their product. Examples: I do steel, I do crypto, private equity

And that he never really had a rags to riches story.

@@bluz1864 hes a riches to more riches story. Which is the story of most rich kids i guess.

@@Daniel-tx2vt No. More like a well off to riches story.

@@Daniel-tx2vt nah he went from riches to literally richest lmao

Forgets to say his mom was an IBM exec, which I'm sure had nothing to do with Microsoft landing its first contract to build IBM's OS before they had a working prototype...

It's survivorship bias on steroids. College isn't the meal ticket it used to be BUT, it's still way more reliable than dropping out and or never going. The number of college drop outs who are millionaires is infinitesimal when compared to the numbers who never become millionaires.

Also at some industries you need a graduate degree or MD prior to being a success story. Biotech Industry is one of these industries since I majored in Biology in college is one of them and I am aware that this group do not become a success story until we are close to 50 years old.

I'm 31 with a ton of anxiety for my future. I cant imagine how you feel brother.

I'm 7 years old and I already have a 8 figure company. About to drop out of primary school and buy a Lamborghini. You loser

@@dopemusic6414 🤣🤣🤣🤣

Nah 40 you are fucked my dude

There’s a great book called Late Bloomers that came out a couple of years ago. I think you’d find a lot of benefit from it

@Anon If all you do is fail and you learn something from those failures, then you’re not a loser, you are wise. Loser is he who sees failure as the end.

@Anon Picking the safest route every time likely leads you to a life of mediocrity. Sure if that's enough for you nothing wrong with it I guess, but I respect people who take calculated risks rather than always picking the safest option. It's funny cause your type of people not only discourage other people from taking risk, but you also absolutely hate everyone whose risk taking paid off. I mean if that's not loser behavior, I don't know what is.

@Anon if all you do is fail you're doing the wrong thing

@Nope Leave Me Alone If you always failed and never progressed then you should move on to something new.

People are going to be afraid of failures because of this concept known as "risk tolerance" If you fail and that means you are going to be evicted and have your health insurance drop, you might be afraid of failure. People born into parents who have some ownership of property have higher risk tolerance because their failures don't mean they become homeless.

All the best! 🎉

How's it going Ryan?

You have also most likely be trying for some time, made a bunch of mistakes, learned from them and are humble enough to be paranoid about learning and improving rather than displaying the arrogance of a 19 year old that thinks they know everything.

It is the average. You can see the big spike from 30's to 50's.

@Biology Discussions yeah well 45 is the average like someone else mentioned so a lot are probably 50 - 55

It`s most likely the result of averaging all those people because there are people who start their business really young and they pull down the average considerbly. If you get 1 person at age of 18, 1 at the age of 27 and 5 at the age of 55 your average would still be around 45. If you look at the median instead the age would probably be well into the 50s. 55 in this example.

It’s nice to see you here JJ

It also destroys people's sense of happiness or even self esteem. Expectations are being pushed WAY too high, especially when considering that the whole world is going through a rough time. I'm not even going to up how these expectations are effecting relationships as that would be another whole story to go in.

The thing is most successful young entrepreneurs like Mark Zuckerberg and Bill Gates are heavily backed up by a bunch of old successful investors. Some of them even have support from their parents, college and professors. So, it is very disingenuous to solely attribute their success to their genius right from the very start.

I wouldn’t say unachievable but definitely very very rare like gambling sometimes you just win big out of nowhere but it’s super rare

If you think you're going to be a rock star just because you saw a rock star then that's on you. Not society.

I wish coffeezila would investigate this!

Wish we could apply this in real life but the environment does not allow that to happen.

These are exceptions though, most entrepreneurs have to start young, I’m quoting someone who actually was a billionaire in his book, a guy called Felix Denis.

@@fidelio9301 but I guess the OP wasn't about starting young, but rather that through long time, entrepreneurship gets successful, was it?

Christian Bale and Tom Cruise were in their mid 30s when they got their big breaks. Most big actors did.

@@TkevTV That much is true, but you must start young so you have the energy to do so. In the case of Ray Croc he did actually start older as did Ford, but they are definitely exceptions.

@@TheXabl0 True of some, not true of others.

^^^^^^^

Hey you... yeah you... wishing you much success bro. Keep grinding it out champ.

As long as it's fulfilling and profitable, you need to be making tons of money. At the end of the day, whatever business you're in providing value to your customers and making a profit or not no matter how small is worthwhile.

I just turned 39 and I'm in the same boat. I started my first business when I was 23 and have just now begun to see something that resembles "success". If it was easy, everyone would do it.

@@realRichHunting ditto, most people don't have the grit to make it... minus the survivor bias most people struggle before finding their way. Ironically 10 years into a project i was seeing some great success and then the pandemic hit in 2020... set me back, but i used the time to create a new project that is now gaining traction. If living your dreams was easy, everyone would be doing it...

@R L so what? That is something he achieved and is proud of. You can’t compare peoples achievements. He/she/etc is proud of what they have achieved, let them have their moment. 🙄

what business? meth?

Proud of you!

Any advice I’m starting my first company now too.

" it’s a grind, there’s no lambo’s and private jets, it’s not flashy while you build a company." => let's be honest, it CAN be flashy... but it's usually a red flag for a poorly managed venture capitalist vanity project destined to pop like a bubble.

You'll be fine as long as you don't waste too much time on chasing romance, video games and partying. Getting good skills takes time and dedication, something I wish I had started working on earlier instead of hanging out and getting a mostly useless university degree. The people with successful businesses that I personally know are indeed in their forties - fifties but they all had a very impressive portfolio of skills with which they could start their own ventures, a network of personal connections that helped them gain funding and their first customers and also quite a bit of luck. Many people fail to gain such skills or are simply unlucky so there is no shame in being an employee instead of founding your own company. Becoming self-employed is always a huge financial risk and most ventures go bust in their first year, it's a statistical fact.

This video is pretty spot on, but at the same time it is a paradox. Without the pressure of feeling behind, you can fall into the trap of being lazy. Urgency is important

Just don't get "too comfortable". Just to share, I'm turning 27 this month. I was always the honor student back then and thought I had it all figured out but boom. Life happened. I won't go into specifics but money was hard and my plans changed because I only got to college because of an engineering scholarship. I never failed a subject either but I dropped out because I just couldn't handle the pressure of school and work then. I even found out I hated electronics engineering (I still understand some concepts though and it's useful at home) Ended up in dead beat job, hot depressed but after that terrible job and a low paying job I loved, I ended up getting a good paying job. I found I love IT so I enrolled in online learning (which wasn't common in my country before the pandemic so it's funny in an ironic way) to sharpen my skills more. I recently got promoted and once I finish my course, I'm planning to take some freelance work first before even considering starting an actual business. I'm not felling you not to think about your future; you should. I honestly think I'm here too because the discipline I got from school and at home helped BUT I had to teach myself not to be too hard on myself. Depression and burn out are real and will set you back in more ways than one. So I didn't finish college; I found what I liked. So I didn't have the same advantage some of my college friends had; I had to figure things out through experience and failure. I don't have the answers and I'm still confused most of the time. I still get bothered sometimes because of the obligations life threw my way and I will inevitably end up questioning myself on other days. It's fine. Take care of yourself, put yourself out there, be alert and mindful but don't panic about it. TLDR: It's okay to not have all the answers or get it all right.

I am 31 and do well for myself...The best pieces of advice I can give you in your 20s is to not be afraid to pivot, always say yes to new opportunities even if you are worried you are not good enough and don't stress, most of us who appear to have their shit together are just winging it... life has its ups and downs and, trust me, things always work out, even if at the time it seems like they never will...

@@alterSchwede46 what do you have against romance, video games and partying? If that makes someone happy that's great and I'd argue being happy better than being succesful

A lot of knowledge can't be taught in a classroom. You can teach business all day long but nothing beats experience. The only thing that beats experience is education+experience!

These people better watch out or more George Santos type people start showing up conning their way to success if we keep having an obsession with youth having early success.

Yes Late Bloomers have more of the experience part.

I'm an artist. I can asure no such thing as a self-made artist. You always have to work with people. "Self-made" people are mostly frauds.

@@Skoopyghost agreed and "Self-Made" people have a way swaying the Venture Capitalists in their favor.

Any tips

No, like I said I'm finally getting there so I'm definitely not qualified to give anyone advice. The only thing I can confidently say is if you can't function under stress dont go into business.

Wise words

@@charlesmccarthy6664 someone actually doing it saying he doesnt think he’s qualified enough to give tips and then you got 18 year old “EnTrEpreNeurS” selling 997$ courses for their mastermind blueprint lmao. Your a good man

Started at 19 and got HELLA lucky that my idea worked and can make a good living off it right now but I am nowhere close to successful. It takes a shit ton of time

Mind sharing the category of business?

It took you 20 years💀

@@baderhabib6606 cope

Must be nice. I wasted my life making minimum wage, getting myself into deep debt going to college, only to continue to make minimum wage. My life was over before it began.

Only if you think with a money mindset. Many people are happier than most capitalists will ever be because they don't care about money, but about the people they love. 😊

@Coffeezilla Almost got me on that one, until I looked at your account lol.

@Coffeezilla 😂😂😂 dayummm, I was about to drop a message untill I looked closely

Me too!!

It used to have that.

@@Tarik360 Really? I didn't know that.

I’m sure all teachers around the world would agree with that.

It's rather mixed really.

@@heyasmusic7553 true, but you know how you point them out? It’s the ones who call themselves gurus. A genuine master of an art would not call themselves a guru, they would only be given that title from others.

Applies to every college Professor

College teachers fit that description too

Fr I’m only 20 and I’ve been having bad anxiety to since I feel like I’m not “successful” yet and sometimes I try to remind myself that there’s no need to rush things

Same here I’m 18 currently and would definitely say the same. My problem is that I’m so passionate about my ideas but I lack the ability currently to have a solid plan I guess. I’ll definitely do my best to relax and take my time

I'm 15 and not even a millionaire yet 😫

@@mcjesus5603 ideas are worthless in business lol

Move out of the city and just live your life

Underrated

@@Gaius_Julius_Caesar_Augustus Then why not actually working on becoming a millionaire or billionaire? I don't see the logic to be against becoming a millionaire or billionaire.

The average like expectancy is 70. Yeh sorry I have no time to loose. Start a business as soon as you can. So you can fail young. Learn off your mistakes young and enjoy ur life of freedom young

@@dreisiglps2451 You're not just gonna "become a billionaire", that's ridiculous. You don't become part of the elite class by hard work, and no one should want to either. They're the enemy.

@@viktorthevictor6240 Ok, then through smart and hard work. Little to no luck involved. The worst enemies are the politicians who let the atrocities of Corporations happen, because they care more about getting paid a lot of money by those Corporations than about your wellbeing. Maybe I should become a politician. Then I can exploit my people so much I want and be unaccountable, no matter how much suffering I would cause. I'm still young, so I have time.

She also had a masculine voice.

Well she had the attributes or abilities to sell that idea to the right people at the right time. But that could have just been luck of the draw. But yeah it's wild how simple it can be sometimes. My dad's first boss who he worked with until he was 30, built a few businesses with, always told him "Mike, at a certain point, not really sure where, it's far easier to go into a bank and get a $1 million loan than to get a $10,000 loan." That's basically what that means. There's a lot taken for granted when you're viewed as high class, intelligent and have a good idea. And it can actually be oddly easy.

@@kevindudson2344 her voice sounds like the one they usually use to protect someone's identity.

@@e4unow421 *Lel* True

@@e4unow421 because that's what it was. Her actual voice is more feminine, she put up an act with that masculine voice

Dumbest thing I’ve heard

I am confused. Are you saying having your life course forever decided by a shrinking pool of bosses is better?

@@auraguard0212 No. What I'm saying is that you should have something to bring to the table before creating a business around it. Just wanting to "be your own boss" or "be wealthy and successful" should not be anyone's watch words. Being able to contribute new and useful products or services to the community and getting rich and successful as a byproduct is a better way to go.

@@springinfialta106 you just defined what an entreprenuer is. they contribute to society by creating something new with a set of skills and use it to build their own success.

@@manvelmkrtchyan8939 Unfortunately some people equate entrepreneurship more with the rewards of success than the benefits to customers.

I actually know one who is the real deal.

@@jacklightner4851 who

Wow your mom is legendary!!!

Dude you are really learning the most important thing and that is- information/ knowledge/ experience is the most important thing you can have. I have failed at 2 businesses and my cousin just asked me what do i regret the most in my life. I said not having enough knowledge to take a good decision.

Always remember that the internet exaggerates. These teenage TikTok ‘entrepreneurs’ are not normal, reasonable, or even particularly desirable goals. 22 is still a very young age to be starting your own business. 30 is still young. Most success you see on the internet is lies, deceit, or someone else’s money. Just focus on being secure and happy with your own life choices and business decisions. There’s still a lot of wisdom in the saying “slow and steady wins the race”

@@Damesanglante yeah you are right.

No I would say relax. Even John D Rockefeller wasn't a workholic. He actually had a very balance life.

And the little piece of information that they seem to not put on purpose . Is that those people were extremely well connected

True...Experience makes you humble and sober minded aswell. Humility makes you comfortable hiring people smarter than you and listening to their advice. When you're younger and naive you think you know everything! And your risk assessment ability is usually poor!

Dang 😭

Shut up stop scamming ^

I have though about that as I will be a multimillionaire in my 40s but at that point, why risk it. I can easily retire in my 60s with around 15 million. Why risk that future to try and make a startup. if anything, I would prefer to find someone else who has the good Ideas and invest in them for a small cut percent ownership.

Yeah I'm planning to do the same just at a slightly younger age. Invest in my teens and 20s and probably do a start up in my early 30s.

@@tidus9942 Business is about the journey not the destination

@@tidus9942 Everyone sees things differently, but what guarantees you'll get to 60? I hope you love to 100 years but nothing is guaranteed

@@tidus9942 thank you!!!! You get my point. This is what I have been trying to say. You have built up savings over the year so really why risk it?.

No it won’t lol. Successful young people with business will always be ahead of everyone else in terms of everything

True plus health care and biotech success does not happen until we are 50 years old. I did the same not by Med School but by getting two bachelor's degrees related to each other like Biology and Biotechnology.

Good ol’ Dunning Kruger!

Not to mention most of the technology they commercialize was developed in public research by ppl with formal educations.

"usually disdain education and promote anti-intellectualism" I thought that they actually touch here the third rail by pointing out that formal education instead of being silver bullet making everyone smart and providing him with stable middle class job, actually is showing clearly diminishing returns and has highly varied relevance pending on field.

@@useodyseeorbitchute9450 lol, so did you get your financial freedom after you kiss the asses of those self-made gurus?

@@useodyseeorbitchute9450 I admire people that learn. I learned about being a good mentor when I was broke at the University of Hawaii from a store manager, as well as many people that didn't have a diploma. Many of them made a good living by doing what they are good at. They are not those shameless self-made gurus that told you education is useless and kissing their asses will give you financial freedom. Even a real estate or a stock broker will have to start with something small, learn to hang out with clients as well how their market works. They will put in as much time and energy as pursuing a school degree.

Depends what comfortable living is to you. A 60K salary (what professionals usually make) with a simple lifestyle and proper investment ability goes farther than people think. The problem is many Americans are addicted to spending, and so the idea of having $3500-4000 a month sounds like nothing to people who are probably going to drain over $500 each month on a depreciating car, spending $1500 on a 1 bedroom apartment and blowing the rest of their money on eating out, buying so many things they don’t need and more.

@@hiphipjorge5755 not a lot of people can actually land a job working for someone else making that much money, and yes that is a perfectly reasonable salary. However, at least for me, no one is willing to pay that much for someone without a degree (and a mound of debt at that). So I had to make my own way. I don’t make six figures but I make more than any employers would pay for my time. And I work less than they would make me work for that salary. Most people in my economic class will have to start a business if they ever want to see salaries over 40k/yr. Not all, but a lot of us.