16yr old Kiwi Ready to BLOW UP!

[Navmoviefan]

Hey Everyone! My name's Nathan, and I've gotten a desire to be financially well off! So here's some stuff about me before you scroll, viola:

• I may seem like a joke, but I just have a sense of humor!
• I'm from New Zealand, Indian and from the quiet city o' Tauranga.
• I'm 16 years old, attending college(for Americans, "high school")
• I've done various things to try and make money, usually failed XD But I think investing in startups, businesses or just in general is my thing! I hope one day to make a website(or whatever) on particular topics people would want to know.
• I currently have $500, and get about $100 a month, but want A LOT more than that!

Ask me anything!

 

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[Supa]

Welcome.

Did you read the book this forum is based on? If not you should do so:
http://www.themillionairefastlane.com/download.php

 

[luke111]

Welcome Nathan, looks like we're from the same country! Exciting! I'm sure you'll find this forum useful. Good Luck.

 

[The-J]

Gotta love it when guys find the forum young.

Read the book and have your eyes opened. Best $10 USD you'll ever spend. Buy the Kindle version if you don't want to pay so much.

$500 ain't shit when talking about investing in startups. Use the money to start a small local service business to get some start-up cash and experience.

Also, the VC world is quite cut-throat. Two ways to get in:

- go to school, study finance, and get into a VC firm as an analyst, climbing your way up the ladder to partner
- start a successful business, use the money to become an angel, then use your experience to start your own fund with other investors

Both are very difficult to do. However, since you're here, you're probably looking at the second option.

Find a pain point and serve it in scale. Everything else is either ancillary to the goal, or a distraction. Experience will tell you which is which. Now get started.

(btw when I respond to these, I tend to assume that the OPs won't be drive-bys even though most of them are. Drive-by just meaning a member who stops in, makes one post, and never visits again.)

Good luck

 

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[Huw]

Reading the book is a definite. I wish it was around 30 years ago when I was your age. If it was, I would have done things very differently. While waiting for the book to arrive, have a read of the posts on here to see what others are doing.

 

[Guest34764]

Read lots and lots of stuff.Pick up as much books as you can and study them.

Robert Greene is a great author to pick up as he has a lot of great books, and of course make sure to read the Millionaire Fastlane.

 

[Navmoviefan]

Gotta love it when guys find the forum young.

Read the book and have your eyes opened. Best $10 USD you'll ever spend. Buy the Kindle version if you don't want to pay so much.

$500 ain't shit when talking about investing in startups. Use the money to start a small local service business to get some start-up cash and experience.

Also, the VC world is quite cut-throat. Two ways to get in:

- go to school, study finance, and get into a VC firm as an analyst, climbing your way up the ladder to partner
- start a successful business, use the money to become an angel, then use your experience to start your own fund with other investors

Both are very difficult to do. However, since you're here, you're probably looking at the second option.

Find a pain point and serve it in scale. Everything else is either ancillary to the goal, or a distraction. Experience will tell you which is which. Now get started.

(btw when I respond to these, I tend to assume that the OPs won't be drive-bys even though most of them are. Drive-by just meaning a member who stops in, makes one post, and never visits again.)

Good luck

Best reply I have gotten so far! I'll try to use the $500 as wisely as possible!

 

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[ActionMonth]

I'm a little envious that you're on here at such an early age! The biggest advice I could pass on to you is to use your time wisely. Money come and goes, but time isn't something you can buy back.