I use the following Gary Vaynerchuk video as inspiration for this post :D
My Analysis
Gary Vaynerchuk is a huge entrepreneur and a major inspiration for up and coming entrepreneurs out there. What he says in this video is extremely relevant and important for everyone to know.
If you don't want to watch the video, what Gary Vee is saying is that when he was younger, from 22 to 28, he made about $50k a year. He acknowledges that it's not a lot of money, but what he says is that he didn't have any expenses. So by the time he was 30, he had hundreds of thousands of dollars. What he then did was invest that money to make those six figures turn into seven figures.
When you really think about it, this isn't a complicated strategy. Even the investing isn't all that difficult since there are videos, books, and blogs explaining different investment strategies. What is really difficult is having no expenses or simply minimizing your expenses. This is increasingly difficult since we're bombarded with visuals of having a lot of materialistic possessions and having an appearance of wealth.
The best thing that I can tell you is to focus on what you want to have in the future. In the present, only spend your money on things you see as necessary and save or invest the rest of the money to have it grow. Little by little, the money will grow into something big and powerful. It's just all about patience and having the focus to continue working towards something better.
Gotta save money now to be able to make big investments in the future. It is possible.
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Sounds good! I'll take a look :)
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