TIE #019: Becoming a Millionaire in Your 30s Isn't as Difficult as You Think
You've been lied to your entire life.
Apparently you hate money. If you didn’t, you’d be using Rakuten every time you shop on websites like Walmart and Target to save money.
They have paid me over $8,000 for things I was already going to buy for my one-person business (click here for proof).
They are also the reason this post is free to read. Sign up here and get $30 for free after your first use.
The word “millionaire” is dangerous.
It’s a buzzword that people abuse for clicks and a title that people chase when playing pointless status games.
The unfortunate problem is that to become financially free in the United States without depending on the government, you have to become a millionaire.
Not just a millionaire, but somewhere between a net worth of $1.5 million - $3 million.
You can argue that it shouldn’t be that way, but that’s just reality. Neither you or I can change that fact.
That probably sounds daunting. Don’t worry, I felt the same way less than five years ago.
However, becoming a millionaire (if that’s your goal) is not as impossible as you think.
You’ve been lied to your entire life about how difficult it is. Allow me to prove it to you.
What they tell you:
Only 1% of Americans under 35 years old are millionaires.
Those are terrible odds! They might as well be zero.
What they don’t tell you:
How many of the 330 million adults in America have made it their life goal to become financially independent as soon as possible?
I haven’t met a single person (besides myself) who has/had that goal. Everyone I know just tries to make a semi-decent income and gives up there.
If we assume 2% of adults have the dream of financial freedom ASAP, that 1% chance of becoming a millionaire by 35 turns into 50%.
Those odds sound a bit better don’t they? They only increase as you get older.
There are three main lifestyles that we all live:
You have to report to a manager/boss and have no control over your pay/time
You have control over your pay/time, but depend on the income to live
You don’t have to work another day in your life, if you don’t want to
If you live lifestyle 1, lifestyle 3 won’t come until you are elderly.
If you live lifestyle 2, lifestyle 3 will come a lot sooner (if you want it to) thanks to the efficient income an online one-person business can provide.
There are a lot of different ways to escape the rat race, but this is the one that worked for me.
If a poor kid who had to buy his own school clothes at 14 can do it, you can too.
When you are ready, there are two different ways I can help you:
If you are interested in starting an efficient one-person online business, I recommend starting with one of the following:
Textbook Flipping Mastery - My in-depth guide on how to start a high-margin Amazon e-commerce business.
LEGO Investing Mastery - My in-depth guide on how to start a long-term “buy, hold, and sell” LEGO investing business.
The Conference Room - My private mentorship community that includes the two guides above, for free. Pay once and stay a member for life.
If you are interested following along with my personal LEGO investment portfolio and unlocking access to 4 additional posts each month:
Become a paid subscriber here (7-day free trial available)