If I Wanted to Be a Millionaire Before 30, I'd Do This

Summary by Krater

The creator shares five key lessons he would give his younger self that helped him make his first million at age 26, concluding that building a business, focusing on action, making time for learning, and playing the long-term game are essential.

From the video

Answers: How did you make your first million in your twenties?

• Financial freedom
• Starting a business
• Service business
• Product business
• Content business
• Investing in stocks
• Hiring mentors and coaches

What it concludes

• Having a clear goal for financial freedom in mind is the first key step.
• Starting a service, product, or content business is essential for achieving financial success in your twenties.
• Service businesses are the easiest way to start making money.
• Action is the foundation and learning is the supplementation; you must focus on doing the work.
• Making time to learn continuously through books, audiobooks, podcasts, and courses is crucial.
• Hiring a coach or mentor is the single biggest ROI expense you can make in your life.