To The Younger Millennials...
Here are some tried and true hacks from a millennial’s perspective that just may lead you to becoming a millionaire.
1. Keep it simple.
In the beginning, learn as much as you can from free resources on the Internet.
When I first started out, I spent months learning how to optimize LinkedIn. I realized it was an extremely valuable and underutilized social media site so I utilized my expertise from a year of studying the site’s power to provide value to others.
Network the old-fashioned way, face-to-face, as well as online. Create real relationships. Rather than trying to be better than your competition, be different.
2. Be frugal.
If you have a mission or vision for your business, keep your overhead as low as possible. For example, you no longer need to have a downtown office to verify your legitimacy.Thousands of entrepreneurs work from home, the library, the coffee shop. You don’t need a brick and mortar location, especially if you aren’t selling a physical product.
I personally didn’t even buy a car until I moved from New York City to L.A., and when I did I took my “Rich Dad” advice and purchased a used 1991 Cadillac outright from a mentor. Put your vision first and after you have become successful, then you can splurge.
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