Quote:
Originally Posted by Jayvis
What kind of life advice would you give to someone who just turned 25? Life, love, women, friends, business, family, let's hear it all!  |
Good question. Take my advice with a grain of salt everybody is different.
I believe great success does not come without great sacrifice. I sacrificed my 20s for the rest of my life. Obviously I have no regrets (because things turned out well) but I think even if things hadn't turned out as well I wouldn't have any regrets. When you see an opportunity you have to go for it. They don't come along too often so don't let the good ones get away from you.
One of the reasons I'm happy I worked so hard in my 20s is because it set me up to be prepared to have a family in my 30s. Both time wise, business wise and financially. Working your ass off while raising a young family would be extremely challenging. It's best to work your ass off when you have nothing but time on your hands.
Financially don't think you have forever to save money. Every penny counts. It's important to enjoy what you've built but be sure to always be saving money. If you go a year without putting anything away (or even worse going into debt) then you will be playing catch up. Get into the habit of always putting aside x amount that you are saving up and not touching. That way when the right opportunity comes along you are ready.
Be careful who you go into business with. Family and friends can make the best business partners or the absolute worst. Be sure you can be honest with your business partners. If you are always candy coating your thoughts or the reality of things then they probably aren't the right partner.
Probably the best advice I could give you is NEVER think there is anything as easy or quick money. Every get rich quick project I tried failed and became and blow money fast project. There are no shortcuts to acquiring wealth.