How are so many 22-year-old millionaires emerging in today’s business world?
Struggling to understand the rise of young entrepreneurs?
Remembering the past
- What was considered success 5-10 years ago?
- How long did it take for gurus to reach a certain income level?
The current landscape
- Why does it seem like everyone is achieving massive success so quickly?
- How do people verify the credibility of these young entrepreneurs?
Feeling left behind?
- Do you think you’re missing something in this rapidly changing business environment?
. #entrepreneurship #youngentrepreneurs #businesssuccess #onlineincome #millennialmillionaires
Many are bluffing to sell courses on how to get there.
People selling course are not entrepreneur, they’re bullshit artist.
Anyone that has found a way to make tons of money will keep that to himself.
Your example of “everyone” is just some YouTubers. That is likely less than 0.001% of the population.
They aren’t really, but Tik Tok makes you think so….
Social media inflates this perception. It’s a small micro percentage and most are fake.
They’re talking out of their asses to sell courses.
Lies. They are selling Lies.
Vocal minority in an echo chamber, nepotism, house poor, and lies.
In that order: the ones who lurk these subs and make bank are the most likely to be vocal. Some people are born into privilege and wealth and don’t acknowledge it. A lot of folks are broke but show off their debt-building expenses like it’s not something that’s keeping them awake at night. The rest are liars and just want attention.
There are plenty of successful people. Here, on the Internet, in the real world. But for every one of them that tells you “just try harder,” there’s a shit-ton of folks who didn’t get lucky or haven’t made it. Those that did will often tell you you’re just not doing enough, that they didn’t get lucky somehow.
You can’t exactly post “Top 5 Way to Lose Your Money Like I Did,” or “My Children Have Ruined My Financial Future, Find Out Why” and get a following of people who want to be like you, can you?
An anecdote about nepotism:
I work with a person, 21, who owns their own $400k house. I make more money than they do. I can’t buy a house without accumulating debt. Technically, they are doing better than I am if you quantify success by wealth. But, my parents didn’t buy me a house. I can’t spend all that money I’m planning on spending on a house elsewhere, like they can. Now boil this down to car ownership, and think of the disadvantages you’d have. Now, boil *that* down to barely making rent, which is a huge number of people.
My point is, these people stick out, and “all of them” is not the majority you think it is.
“Everyone” may or may not be telling you the whole story, fake reviews lurk everywhere. Don’t trust everything you hear or see online. $10k a month is still pretty good and probably about average for the semi-successful YTer.
I was contacted once to help a young “successful” SMMA type with his SEO. He claimed to be “killing” it online, but his online presence was lacking. We set-up an agreement, and 7 months later I’ve never heard back from him. His presence (digital activity) has diminished in the meantime.
They are lying. The attestations are either also them or are people they’ve paid.
Have you ever heard the saying “those who can, do. Those who can’t, teach”? It is not true when it comes to literal teachers but is true for about 99% of online gurus and content creators. No one who has a winning formula for real estate investing, day trading, drop shipping ecommerce or literally any other method of making money would teach anyone else how to do what they do. It’s all snake oil.
Social media has made this a bigger problem because it’s so easy to represent being rich on TikTok, Youtube or Instagram. Rent a nice AirBnB and a nice car and you can spend a weekend making a bunch of content pretending to be a successful millionaire… then you go back to mom’s basement to edit the videos. There are some people who do genuinely get rich off this playbook but it’s a small percentage of the total and it’s a slimy way to make money.
Instead focus on sincerely helping people and let the money come later, it always will.
I have a feeling a big part of social media is a house of cards. We read comments on their videos and just ASSUME it’s a real person commenting. But do you KNOW that it isn’t an AI bot? No, you don’t know. It could be. I think there’s way more bots out on these sites “engaging” with the content than we think.
Secondly. They’re lying. Do you find it suspect that literally NONE of them actually talk about the day to day operations of earning $150k/month? All they say is “I manifested it” or some bullshit like that.
Dude, you’re young, and I can’t imagine how confusing it is to be a young adult in 2024. I’m 39 and I barely understand what’s TRULY going on.
It’s all super confusing.
But honestly, this sub is one of the best places online to get REAL knowledge.
Also, read the classic books on the subjects.
YouTube is NOT the place to get entrepreneurial education.
People are full of shit. Making even a million is a very, very tough hill to climb, and it takes years of sacrifice and risk that most people will never endure, though.
I think some people here nailed it. The answer is that they’re not. They’re likely “faking it until they make it” in the hope that by projecting being successful it’ll happen somehow.
All of my wealthiest and successful friends are really modest and unassuming, they would never do shit like that.
You’re not missing anything, they are full of shit.
I’m 24 never had “money”, never saw a wage that hit more than 35k a year pre tax. But a few months ago I got started to listening to marketing podcasts and I dropped literally everything quit my job and started my own agency. I don’t make millions or even hundreds of thousands but I am well off now after 3 months of 25 hour days of hard work and learning. But most of the digital marketing IS bullshit and it was hard navigating through all of it while learning and starting my own. The secret? Actually help the business instead of taking money from the business. And no I don’t have a YouTube or sell courses or even advertise myself. I only work local with businesses near me that I can checkup on regularly and have a relationship with the business owner
You’re only getting what you’re seeing. The internet is shilling you the top 1% of young business owners. The other 99% don’t even sniff those numbers, but here’s the thing; Let’s say you don’t care about that and are still interested in what these people are doing. They’re selling an interesting story or a pipe dream to gather peoples attention. They’re making use of data (not selling it), which is the hottest commodity on the planet, moreso than oil. Notice how you don’t even know their business at first, just their face from a video you watched.
The only 20 year old’s that I believe are making that kind of cash are doing porn.
Bro I’m a 6 year old self made billionaire. Do better
I’m 9mo old and a billionaire. Do better.
Don’t believe everything you see on the Internet.
Their followers are the product that generates their income, that’s obvious.
You clicked on one of them… And your algorithm is now feeding you a whole bunch more of the same thing.
This is why it seems like they’re all over the place
What you’re missing is that its easy to lie on the internet.
I myself (15m) own a 2 person lemonade stand and only gross roughly 300k/month. I know its not much compared to some people but one day I hope to gross 3M/month.
Im 21 so after a year I will come sell you a course dw.
People stopped aging and everyone is rich. Nah but fr they’re just trying to sell courses in hope of becoming that in which they are selling you a course on.
Just because they brag about their earnings on social media, doesn’t mean it’s real.
99% are full of shit and aren’t actual entrepreneurs.
They are faking to get you to buy something from them
I’m a poor, but 10k/month still seems like massive success to me.
A lot of the guys are liars and a lot of girls have sugar daddies
it’s never been easier to *look* like you’re making six figures a month. It’s so easy to inflate numbers and sell courses. Don’t fall for it!
That’s because they are full of crap. Statistically, when it comes to millionaires, only about 2.5% are under 35. Most are 55+.
Dude, I’m a 22 year old billionaire, making 100 mil every month and I just wrote off my Lambo as a work vehicle. Why didn’t you? I was born in the gutter and got sent to a private school by Debra & John of who I have a biological relation, but I started at the bottom. I dabble in bitcoin, day trading, car washes, laundromats, & have a tech startup. I work smarter, not harder, but I’m still a hard worker at 50 hours/week from home.
Instagram shows you that. But i doubt most 22 year olds even have savings.
You’re right! Access to media, from a cell phone, has changed a lot!
Get off social media and tv, go say hi to a 23 year old IRL, you’ll learn pretty quickly what’s what.
Everyone is trying to get rich or thinks rich is just a mentality. “I think I’m rich, therefore I am rich” and then the job just becomes “convince enough people that you’re rich and they’ll just follow.”
I wouldn’t want to take advice from a 22 year old millionaire. If someone is a millionaire by 22 there are a few possibilities:
Their family is rich. Maybe they have a trust fund. Maybe their parents just set them up with everything they need and they think they hit a home run going from 3rd to home. Either way, not interested in their advice.
Maybe they got really lucky. They took a risk and it laid off in a totally unexpected way. Low probability events do happen. They may very well have a good business but the only way to be a self made millionaire by 22 involves some luck. Get lucky isn’t helpful advice.
Finally, they took a stupid risk and it laid off. YOLO’d it all in to doge and came out ahead. These are the exact opposite of people I would take advice from.
For me, my philosophy is to develop financial security over time and not take big risks. I don’t think 22 year old millionaires are helpful in that regard.