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7 Principles For Teenagers To Become Millionaires #how #invest

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00:00You are young, I'm 17 years old, you're ambitious, I worked my face off and you want to make it
00:05big
00:06early in your life. So in today's video, I'm going to reveal the seven principles for teenagers and
00:11people in their early 20s to become millionaires. Now I made my first million dollars at 18 years
00:16old. And no matter what you see on TikTok, I want you to know that that is not normal. It
00:20is not
00:21normal in any shape, form or fashion, but it is because I follow these seven principles. So what
00:26I'm going to reveal to you today not only helped me make my first million dollars at 18 years old,
00:30it has helped me to amass a net worth of tens of millions of dollars by the age of 23.
00:36So I'm
00:36speaking from experience here, but I do want to make it clear that no matter what anyone says,
00:41I will hold my hand up and say that a very large portion of why I'm in the position I
00:45am today
00:45is because of luck or the grace of God, in my opinion, and timing. So just factor that in.
00:50Now, real quick, before we get into today's video, I've had tons of people over the years
00:54asked me to do like Q and A's on Instagram, or even here on YouTube, where I answer questions
00:59to people's specific cases, you know, their particular question. And I'll be honest,
01:03my main Instagram is just a stupid place where I post photo dumps from trips, business trips,
01:08what's going on in my life, stuff like that. But earlier this year, I created an Instagram
01:12account called at talk with Eman. So you can just pull up your phone and request to follow that
01:17account. I usually tell my team to let in 1000 or 2000 people a week, I try my best,
01:21okay, I'll hold my hands up. Sometimes I do miss it by trying my best to do a weekly Q
01:25and A just
01:25answering all of your guys's business life questions. So go ahead and follow that account
01:29if you want a little bit more business advice. But apart from that, let's get back into the video.
01:33The first principle you need to learn if you want to be a millionaire in your teens or your early
01:3820s is that in order to be a king, you must first be a pawn. And this is really the
01:44issue with this
01:45generation. And I say this generation, even though I am included in it, but I grew up with very
01:49traditional principles around respect. I come from a background that is a mix between Eastern
01:54European and Middle Eastern. So like growing up, you have no option, you learn respect and you learn
01:59the pecking order. And I learned from a young age that you respect your elders. And that's why still
02:04to this day, I still sit across the table from people that I'm going to be very honest with you
02:07are far less successful than I am. But I shut the up and I listen. Because for me, in my
02:12culture,
02:12you listen to your elders. Now that doesn't mean you need to take everything that they say on board,
02:16but you at least listen. And because I grew up in this environment of learning respect,
02:19I learned that, hey, you can be a king one day. But in order to be a king, you first
02:23need to be
02:24a pawn. You first need to be able to earn your stripes. And by the way, I earned my stripes
02:28from
02:28a very young age. I started my first entrepreneurial ventures when I was 14. And I learned what it was
02:34like to work with clients. And quite frankly, for lack of a better word, be their little bitch boy.
02:38I learned what it was like to pay my dues no matter what. It's kind of like, listen, when you're
02:42young
02:43and you join a football team, you're going to be the one who's the ball boy. At the end of
02:46training,
02:46you're going to be the one who is expected to carry all of the equipment to and from. And you
02:51need to go through that to one day become the captain. You don't just come in, especially as
02:55someone who is young and become the captain all of a sudden. And that is the issue with today's
02:59social media bullshit society. They look at things and they look at people and they go, OK,
03:03I'm going to jump from here to here. And I deserve that for some reason. And I even get this
03:08to this day.
03:08People say, hey, man, why do you recommend business models that you used to do?
03:12Why don't you recommend what you're doing right now? Do you realize how stupid that sounds? Do you
03:16realize why I may suggest business models I did when I first started my entrepreneurial ventures
03:21or within three years into my entrepreneurial ventures? Not now that I am coming up to my 10th
03:26year as an entrepreneur. Do you not realize why I would suggest businesses that I started as a pawn
03:32as someone with no resources, no connection, no money, nothing. Do you realize why I suggest those
03:38businesses rather than the businesses I have now with millions of followers, subscribers,
03:43tens of millions of dollars? Like I'm sure you can kind of see why I think this is better than
03:46this.
03:47But this is what I'm saying. The younger generation, they look at things and they're like,
03:49no, I want to jump straight to the finish line. You have to earn your stripes. So just remember to
03:55be a
03:56king, you must first learn to be a pawn. And there is nothing wrong with that. By the way,
04:01there is honor. There is nobility in starting from the bottom of the pecking order, being quiet,
04:07respecting the process and understanding that you will eventually work your way up the totem pole.
04:12Now, the next principle for teenagers to become millionaires is dress to elevate. And here's what
04:17I mean by that. When you are young, people are going to automatically discredit you. You don't want
04:21to make it worse by the way that you dress. So here's the thing. You can have a 30 year
04:25old that
04:25dresses in big labels, Gucci, Balenciaga, wears the funny shoes and all that stuff. And listen,
04:31I mean, I'm not against it. Sometimes when I'm feeling comfortable, I dress in streetwear,
04:36but if I'm going to an important meeting, I can guarantee you I'm not dressed like that.
04:39And my point is that you can get a 30 year old that dresses like that, that looks like a
04:4320 year
04:43old, whereas you can get a 18 or 20 year old that dresses very traditional, very classic,
04:48and you can get an 18 or 20 year old that looks like they're 30. So the point is, don't
04:53spend crazy
04:54amounts of money to have all these labels and this and that. And I don't think that's a good idea
04:58ever, unless you really can afford it. You have a full wardrobe and sometimes you just want to be
05:02a little playful. My best recommendation is just go for clothes that have no branding,
05:07no label. And I'm not saying that you need to dress in three piece suits. Listen, even if you
05:11just go in a simple black t-shirt, simple trousers that aren't too baggy and definitely no skinny jeans
05:17and just some classic timeless shaped shoes. Listen, you're not dressing incredibly well,
05:22but the point is you can kind of hold your own in any room. Sometimes less really is more.
05:26So first learn how to just dress classic and timeless. And then later down the line,
05:31you can start incorporating some suits. You can start incorporating some double breasted suits.
05:35Maybe before you go to the suits, just get some nice blazers and you can pair the blazers with
05:39trousers. It doesn't need to be a full suit. You know, a lot of times I'm just very comfortable
05:43with a nice round neck t-shirt. Not like this. This is a lot more, you know, it's a Sunday
05:46today,
05:47very home comfortable shirt. So not something as casual as this, just a nice fitted white t-shirt or
05:52black t-shirt and smart blazer over the top, some trousers and some smart shoes. And you have a very
05:57classic timeless look. That's not overly formal and you're never going to be too overdressed in
06:02any situation. And then, as I said, later down the line, you can get into your double breasted,
06:05you can get into your three pieces, whatever you feel comfortable in really. But the point is that
06:09you really need to learn how to dress to elevate, especially if you're going into the world of
06:14business at a young age, because I'm being honest with you. I experienced this firsthand.
06:17People will try to discredit you because of your age. So don't give them any excuse or reason to
06:23make it an even bigger thing than it needs to be. So dress older than you are. Now, the third
06:27principle for teenagers to become millionaires is have something external that humbles you. And
06:33here's what I mean by that. There is a lot of people who are young with a lot of ambition
06:36in
06:36their life. But the issue is there's nothing in their life that has humbled them. Things that will
06:41humble you, combat sports, business will humble you because no matter how good you are, when you get in
06:45the world of business, the market will tell you how good you are. I'll give you a perfect example.
06:49I remember when I was 17 years old, I had gotten up to I think 15 or 20 grand in
06:53my business. At
06:54that point, I dropped out of school the month prior, and I hired my first employee, full time
06:59employee at $50,000 a year, which by the way, for first employee was like at 17. Now that was
07:04big for
07:05me. And I'll never forget it. This person even moved country to join my company, aka just me. And
07:10within three to four days, he quit, packed up his stuff and went back to his country and was like,
07:14I do not enjoy this work. And I remember it was one of the very few times I've ever cried
07:18in my
07:19life. I remember talking to my mom and just crying and just being like, wow, I feel like a failure.
07:24Your business is taking off and you're hiring your first employee and they leave because a,
07:28the work isn't enjoyable enough or potentially, and this is something I had to face at the time,
07:33maybe I just really wasn't an inspiring leader. Maybe I wasn't the sort of leader where my team was
07:37like, I would follow you into war. And things are very different now that I have 150 employees,
07:42we get 40,000 people a year applying to work at one of my companies because I was humbled when
07:47I
07:48was 17 that, Hey, maybe you're not as good as you think you are. Maybe you think that you're this
07:52little child prodigy. Are you sure about that? Let me humble you. So whether it's business, whether
07:57it's combat sports, you need something external in your life to humble you and put you in your place.
08:02Because the thing is, especially if you earn a lot of success at a young age, you're going to start
08:05to think you're hot shit. And if you don't have anything to humble you, you will end up becoming
08:10your worst enemy. The next principle you need to follow is no casual dating, either something
08:16serious or nothing at all. Listen, if you are in your teenage years or your early 20s, either you go
08:21for something serious, no casual dates, no casual flings, stuff like that. Listen, you are a man in your
08:27early years, make something of yourself and either have a partner early on, they will support you through
08:33that as something serious, or none of this casual Hinge, Tinder, blah, blah, all this. None of this
08:39casual dating, because let me tell you something, it is taking you away from your best years, your best
08:44years to build. And the other thing is we live in a very brutal dating culture, I'm gonna be very
08:49honest
08:49with you. So why be 19 trying to navigate this crazy difficult dating culture, where there's successful
08:55men all around the world that through Instagram, and all of these other mediums have access to all these
09:01women? Why would you at 19 try to compete with that? Either you have that serious girl that holds it
09:06down for you, or don't try to casual date if you want a casual date and have your fun. And
09:11listen,
09:11I'm speaking to someone who has had both sides of the equation into the state, I still like to have
09:15my
09:15fun, there's nothing wrong with it. But I put my head down and worked like a dog for years and
09:21years.
09:21And I remember even being 1920 and being a multimillionaire. And I said to myself, what's the point of me
09:26really focusing on women and having fun and enjoying myself with all these women when girls
09:31don't want guys for a 19 or 20. And you need to understand this as a guy, you become most
09:35attractive
09:36once you get past the age of 25, really from 25 to 35 is when you're most attractive to women.
09:40And it really only starts with 25. So I remember even being 19 or 20. I'm like, yes, this is
09:44great.
09:45I'm a multimillionaire. I'm all these things. But like, let me just keep working. Like I'm on a roll.
09:49I got momentum. Let me just keep this going. Rather than trying to have the most fun and date
09:53girls and baba and all this crap. So as I said, no casual dating, either you are dating someone
09:57serious that you're like, this woman could be that day one for me. And by the way, that day one
10:01girl,
10:02listen, please take this coming from me. There is nothing on earth, nothing on earth. There's more
10:08valuable than that. If you've got a day one girl and you managed to get a day one girl, you
10:12know,
10:12all these girls on a yacht, private jet, but I have done and still do all these things. But I
10:17understand
10:17that that does not come remotely close to a day one girl who is there for you from the jump,
10:22from day one. So either aim for that, because by the way, that is the most valuable thing you could
10:27ever get in life. I'm telling you this. So either you get that or just don't casual date because you
10:32are in your building phase. You have so long, especially as a man. And I know I keep talking
10:36to men and I understand that there's a, I think 10% of my audience is women. And I always
10:41do say I
10:42make content specifically for men because I grew up without a dad. I had to learn all this myself.
10:46So that's why I speak to the young men out there. But I know a lot of women still watch
10:49my videos and
10:50take lessons for men, stuff like that. So as I was saying, keep your head down, keep focused,
10:54no casual dating bullshit. And then once you've made something of yourself, pop your head up and
10:58then you can have a little bit of fun before eventually, hopefully one day you find your
11:02actual queen. Principle number five is keep your circle small, but your influence large. And here's
11:07what I mean by that. There is nothing wrong with many people knowing you or with you having many
11:13acquaintances, but you should have very few friends. And here's the thing. Most people in this
11:16fake life don't know the difference between an acquaintance and a friend because most people
11:21don't understand what true loyalty is. They are around people that they don't like. They're around
11:25people for clout or money and this and that. And that's why, by the way, it's so important to get
11:29yourself strong first. So this way people later down the line can't throw money or women or clout at
11:34you and you're impressed by it. You need to make yourself strong. You need to make yourself a
11:38fortress. But back to the point, keep your circle tight, but your influence large. Many people can
11:43and should know of you. And I'm not talking about having a massive social media following or this
11:47or that. I just mean, even in the industry you're in, never unnecessarily burn bridges. Always be
11:51very polite and courteous to people, but always understand that you can probably only have a
11:55select handful of true friends, true brothers in arms, true people that would love you and do
12:00anything for you. That's a very, very small circle. So your circle of influence can and should be large,
12:06but keep your actual circle solid and full of good people. The next principle you need to follow
12:11is that God will always test you to see what you can handle. And if you can't, he will take
12:15it away
12:16from you. And this is very, very important because becoming successful and making your first million
12:19in your teens or your early twenties, that's great. Congratulations. Can you keep it now? And not only
12:25can you keep it, can you multiply it? Because that's a lot of pressure. Listen, if you make your first
12:28million dollars when you're 18 or you're 20 or you're, you know, even 23, that's great, but that's a lot
12:33of pressure. Every year after that, can you hold that same standard? So you need to understand that God,
12:38if he blesses you, if he gives you that million at a young age, he's going to see if you
12:43can handle
12:43it. He's going to see if you can humble yourself. That's why earlier I told you, have things external
12:47in your life that will constantly humble you. Business, martial arts, setting challenges for
12:51yourself and seeing if you can accomplish things that really make you dig deep. Because here's the
12:55thing. If you don't have these external things to humble you, if you don't humble yourself, God will
13:00humble you. And when God humbles you, it's with a ferocity you can't even imagine because you're not ready
13:05for it yet. As quickly as it's given, it's taken away and you need to understand these things.
13:09So as long as you go into it with a mindset that when you make your first million, you're not
13:12going
13:13to be driving around in the G wagon and you're going to go to the bank like an idiot and
13:17take
13:17out $30,000 in cash. So that way you can do an Instagram story where you spread all the money
13:22in
13:22your hands. And now all you do is listen to little baby in your rented G wagon and pop bottles
13:27at the
13:27beach club. And now your business is just on autopilot. God will put you in your place. So before that
13:32happens, put other things in place. I've already given a few, but even if you can get an older
13:35mentor or an older confidant to look at you and be like, you ain't doing it once is nothing special.
13:41You're only a legend. If you can do it back to back to back, that's when you're a legend.
13:45Now, the last principle to tie it all together is invest early and invest as much as you can.
13:50Here is the thing. If you make money at a young age, try to get away from you as soon
13:54as possible.
13:54I'm talking about property. I'm talking about maybe even buying some physical gold. I'm talking about
13:58things where the money can get away from you and it's not easy to sell. Here's the issue sometimes,
14:03and I'm not totally opposed to it. Here's sometimes the issue with crypto or stocks.
14:06You can buy and sell very easily. You can't buy and sell real estate very easily. So buying things
14:10that aren't actually very liquid at a young age, I think later down the line, once you're established,
14:15that can actually be a detriment, actually makes things a little bit more difficult. But when you're
14:18a young age, you are your worst enemy. You're probably the biggest reason you're going to
14:23this up. So what you want to do is once you make money, push it away as quick as possible,
14:26because here's the other thing. And once again, I'm talking from experience. When you are young
14:29and you make a lot of money, you know what people think? People don't think, oh, well done. People
14:33think you got lucky. So there's no point being 19 years old, driving all these supercars and blah,
14:37blah, blah, all this stuff, because you're not impressing anyone. People just think you're lucky.
14:41That's it. So you're better off taking the money, investing it. And when you're 23, you're 25,
14:45you get to an age where people can kind of believe this has happened a little bit more. Maybe,
14:49you know, you're 22, but you're dressed apart and people think you're a little older. And that's when you
14:52can enjoy and you can live it up and you can do these things. Because when you get out of
14:56your supercar, people will actually think that you bought that. But when you're 19 and you look
15:00young, people will either think you got lucky. They're going to think you invested in some pump
15:04and dump coin, or they're going to think daddy's money. So while you're trying to flex, and let's
15:08be honest, if you're young and you're buying these supercars, you're probably trying to flex. It's not
15:11even having the intended effect. So just tell yourself, you know what? Any money that comes in,
15:15I'm going to invest as much as I humbly can. I'm going to make myself solid. And I'm going to
15:19enjoy
15:19these things a little later down the line. So ladies and gentlemen, I present to you these
15:23principles as someone who can speak to you more realistically. Because let's be honest,
15:27a lot of these YouTube videos you watch online are some 50 year olds that lived in a different
15:31generation and don't understand that, hey, there's nothing wrong with wanting beautiful women around
15:36you. There's nothing wrong with wanting money, having nice cars, all these things. There's nothing
15:40wrong with that. But there's a way to do it. There's a time and a place. So I'm just coming
15:43here and
15:43speaking to you guys from experience and trying to meet you guys of where you are, which is not trying
15:47to
15:48shame you for the things that you want in life, but just telling you that there is a way to
15:51do it.
15:51And there's a right timing to do things. So as I said, I hope this has been a value to
15:55you.
15:55As a reminder, I'm a little bit more active on that talk with Eman for actual sort of business
16:00Q and A's. So go ahead and follow that account. And as always, I'm watching from afar and I'm rooting
16:04for you.
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