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I turn 36 today. Here's my biggest regrets so you don't make them too 🧵
By most metrics of wealth (9 fig networth), health n relationships I have done quite well. That said, I have some glaring regrets. If your young READ THIS..APPLY. I BEG THEE. It'll change everything.
A) Drinking
By far my biggest regret is being a weekend binge drinker with the boys or in general as most are.
Why? I have a hour long video on my channel that breaks down why I go long periods sober, avoid booze and how to quit..So I won't list it all here...but here is the MAIN problem.
If you drink more than 2 drinks a week
-You are in a funk/operating at a lower level for 4-5 days after
-You are defaulting to it for fun and socialzing
This does 2 horrible horrible things to you.
1) It keeps you at a low level of operational permantley. Your growth and success in EVERYTHING will be 10x harder with alcohol in your life. Hangovers are not just the hard day after. Your body will be in a much lower state pushing out the poison and it takes you 5-7 days (even in your 20s or longer post 30) to be back in peak form.
This is terrible. Your going to make so much more money, look so much better, have so much more motviation and be better at literally everything if you just stop drinking. You compound this over a decade and the affects of cutting booze will be INSANE. I would be worth 500-1 billion right now if I had just dropped this habit in my early 20s. You give up SO much trying to include it in your life.
2) You will build a life that sucks ass hobby and friend wise. Because you can simply press the booze "easy" button to have fun you will not seek new hobbies OR people you truly enjoy. Whenever you are bored you will just get drunk with people that you share a connection with via drinking.
When you cut alcohol out you'll realize you have no damn hobbies or people you actually enjoy sober. That decade or so you could of spent building a network of deep true connection friends and passions...POOF gone...because you simply filled in both voids with booze as the hobby and bond maker.
Booze keeps you DEEPLY in a cozy ez mode comfort zone that will rob you of the desire to build a true life n true friendships. You also fail to develop socially. To this day as most do I don't fully enjoy or feel comfortable around must people unless I have a few drinks...It's terrible and it's due to 15+ years of relying on social lubricant and something I now have to work on. How dumb n pathetic is that? Pretty dumb.
B) Not picking long term dopamine hobbies
Instead of playing video games...Go pick up guitar or Jiu Jitsu or literally anything...coding, painting, etc.
Cheap dopamine hobbies leave you with NOTHING after giving them everything.
If you put 10,000 hours into Jiu Jitsu...You will leave with SO much benefit in your life. If you put 10,000 into video games...You leave with NOTHING.
Doing hobbies that rob you VS add to your life is beyond damaging. I hate the fact that I allocated so much time to low level junk hobbies.
Better yet, make business one of your biggest hobbies and watch the rewards mentally and financially stack to the moon.
C) Not doing combat sports
Just go do one. Muay Thai, Wrestling, MMA, Jiu Jitsu. You will be better and happier for it.
D) Not going bigger sooner and more often
The biggest mistake we make when we hit ANY level of success is trying to PROTECT that success. Even now I still make this error.
My first goal at 1 million a year in income in my early 20s was....Don't even make less than 1 mil a year and protect it all cost...
Poor poor egotistical Alex simply couldn't stand the thought of being viewed as "poor" again.
This kept my income hamstrung for half a decade.
We "protect" it by avoiding risks and new challenges that level us up BUT also might send us back. You do this for long enough and POOF you start to run out of time to do big things.
I had the money/skills to start doing big high investment things at the age of 24. I waited till 30 to really push myself because I was scared to lose the success I had built. I kept trying to make comfortable things work (info marketing and low level software/services) VS making BIG huge things.
I'd be SO much more successful if I just skipped being comfortable and PUUUUSHED even if it caused short term loss.
E) Staying in my Bubble
I wish I had lived in Asia/New York/etc. I've spent 95% of my adult life in Texas (Dallas, Abilene lol and Austin).
There's just really no damn reason to not be living in crazy places when your younger. Again, this is just a massive error/comfort zone default.
The people, women, experiences, etc would of just been awesome. That chapter of my life is closed and while I am happy with my current chapter...These are "pages" that will always be unwritten.
BIG TAKE AWAY
You can see almost EVERY regret I have is due to lazily staying in my comfort zone or fear. Via substances, hobbies, living location and business/risk taking.
I don't have anything on the list that was due to taking risk or being bold.
Almost all my life pain comes from those 2 areas. Almost all your life pain will as well.
I'm happy to say that I have done pretty well. I'm successful, I have a great partner, my health is good and I feel very in control of my life. I deeply wish I had changed these things. You likely suffer from most of them if your a young man, you should change them.
To another year on this planet.
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3am Tuesday. Pound it back with a like.
Mega Post : Your #1 Bull Run Goal (Will Make You Infinitely Richer Long Term)
As we cross ATH I want to remind 98% on here of what your #1 goal should be.
It's not getting GENERATIONAL OMG WEALTH. It's making enough to be PASSIVELY rich.
What is this : It means your investments generate enough passive income that you do not need to work.
BUT this will also make you 10x richer long term. Let me explain.
For example : You make a mil in crypto. You stick it in money markets at 5.5% APY. You then make about $55,000 a year passively.
4.58k a month in living expenses in short.
Move somewhere smart, get a decent 1 bedroom and this is enough to make your baseline safety net total freedom.
Why is this TRULY powerful?
There is the obvious. You don't have to work. Duh.
However there is something even greater you gain from this that will make you turbo rich.
ZERO Fear.
Now that your worst case scenario is "total freedom, bills paid, ez mode" you can be VERY aggressive for the rest of your life.
AKA any money that comes in you can
A) Invest AGGRESSIVELY
B) Have the ability to WAIT/Be patient and sit through risk
You in short have nothing to lose.
You can start any business you like (which is my suggestion) and invest any way you like, as risky as you like.
If you mess up, thats fine...You just try again.
HOWEVER without this foundation. Every time you mess up you have to return to work and spend YEARs rebuilding your wealth. You may never even get to this position again.
Returning to work/having a job is the #1 killer of your potential work because your TIME becomes monopolized.
Your TIME is your greatest weapon. You can start a 7 figure a year business with very little upfront and JUST your time.
The way people get TURBO rich is big risks in business and investing WITH a huge abundance of time to focus on these risks.
Your new passive baseline gives you the ability to swing for the fences over and over and over with not just money but TIME.
EVENTUALLY something will hit. Hell you could just max out your skills so that you make $1k-3k a day just doing services/applying your skills.
For example my business that got me past a 9 figure networth was my 8th or 10th business. I could keep taking shots because my lifestyle was covered.
When I made multiple 8 figures last bull run, it was again because I could TAKE and HOLD risk due to my lifestyle being covered.
In conclusion your FIRST goal isnt turbo wealth. It is building a PASSIVE foundation to take REPEATED RISK FREE shots at turbo wealth.
If you dont already have a passive foundation...Your goal this bull is not to make it big.
As soon as you have enough to stuff in boring money markets/5-6% a year investments...That's it. Your out. TAKE IT.
Only then are you now allowed to start taking risk with money.
Its not sexy. Its not fun. It'll be a bummer to checkout early and play it safe.
HOWEVER a strong passive defense is REQUIRED to have an aboslutely balls out risk taking offense.
Leave a like/comment if you enjoy these types of post.
I do not spell check or grammar check these.