The most reliable input to business outcomes isn't capital or strategy but the depth at which you understand your customer and, downstream of that, the honesty with which you understand yourself as the constraint on serving them.
Please use your youth to get wealthy, if you can.
I donโt mean becoming obsessed with money or spending your entire life working.
I just mean that when youโre young, you usually have fewer responsibilities.
You probably donโt have kids yet.
You might not have a mortgage.
You can live with roommates, move somewhere new, switch careers, take a risk, fail, and recover.
That freedom is more valuable than people realize.
Your younger years are one of the few times in life where you can put almost all of your energy into building something without ten other people depending on you.
So use that window.
Work hard.
Learn skills that actually pay.
Go where the opportunities are.
Try to increase your income instead of only trying to reduce your expenses.
Take the better-paying job.
Learn sales.
Learn how businesses work.
Learn how to build, market, negotiate, manage, or create something people are willing to pay for.
Donโt be embarrassed about wanting to make money.
Money is not everything, but having enough of it gives you choices.
It lets you leave bad jobs.
It lets you help your family.
It lets you take care of your health.
It lets you say no.
And money earned young has more time to grow.
Not just through investing, but through experience.
The skills you build at 20 can pay you at 30.
The people you meet at 22 can open doors at 35.
The work ethic you develop early can stay with you for the rest of your life.
That doesnโt mean burning yourself out or destroying your health.
It means understanding that a few years of serious effort can completely change the direction of your life.
You will probably never have this combination of energy, flexibility, and low responsibility again.
So while you can, work harder than average.
Try more things than average.
Make more mistakes than average.
Earn as much as you reasonably can.
Save some of it.
Invest some of it.
And avoid upgrading your lifestyle every time your income goes up.
The goal is not to work like this forever.
The goal is to work hard enough early that one day you no longer have to.
the collapse of the financial markets are pretty immanent, but the statistic of how the market usually preforms after is intriguing. an opportunity perhaps
Not financial advice, I eat crayons for a living