Im 24, about to be 25 in a couple weeks, But lately I've been thinking about what i've learned over the first half of my 20's. Some of my lessons:
Don’t take yourself too seriously. I was solely chasing financial success when I was in my early 20’s, and around the beginning of the pandemic I had an honest conversation with myself, and came to terms that I wasn’t happy only chasing money. I was really caught up in self help and hustle culture, and thought I was so much smarter than all the people who were out with their friends on the weekends. Looking back, I should have spent more time with my friends and taken more social opportunities the past 3-4 years. Will you be the next billionaire if you decide to have a social life and pursue entrepreneurship? Probably not, but that doesn’t matter to me.
Stay out of consumer debt as much as humanly possible, Student loans, car loans, credit cards.The only exception I would personally make is a reasonable mortgage, but even then there would have to be certain circumstances. Don’t confuse this with business debt, such as a loan on a multi unit property. If you read MJ’s books, you should understand that consumer debt is a ball and shackle around your ankle. The more debt you have, the less freedom you have. Drive the old Toyota, live in an affordable apartment/get roommates. It's not sexy, but its a lot better than being a total slave.
Care about your appearance. I used to not care about how I looked, I had a bad haircut, no sense of style, and low self confidence. But something amazing happened when I started hitting the gym, wearing stylish clothes, and getting a better haircut; I had way more self confidence. All of the sudden I was talking to strangers, girls I found attractive, got invited out more, and became an overall social person. People say looks don’t matter, BS. We’re visual creatures, and looking the part is the secret handshake in a lot of social interactions.
Also, be more social. The worst thing that can happen is you get in a momentary awkward situation followed by a “well it was nice to meet you”. Other people have everything we could ever want, and it’s good to have a lot of connections and acquaintances.
Finally, Play to win. You may have heard this phrase before, but what does it mean? To understand it better, look at the opposite side of the coin, playing to not lose.
Playing to not lose: Getting the secure job and the comfy lifestyle, marrying the first girl that you have any sort of connection with, and play it safe. Don’t take any big risks, cause if you fail it’s assumed you’ll never make it back from that failure.
Playing to win: It’s doing the RIGHT thing, not necessarily the comfy thing. It’s making the phone call to the potential customer, facing rejection, investing money into your business instead of a new car or house. It's talking to the girl even if the timing isn’t perfect, or she's with her friends. It’s pushing yourself in the gym. It’s doing what you know is right, not necessarily what’s comfy or convenient.
If you play to win, You will come out ahead of most of the human race. Most of the human race is playing to not lose. That won’t change any time soon either, because playing to win is the exact opposite of what us humans have evolved to do. Now that we live in a relatively safe world, where there is almost 0 risk of starvation, or being exiled from a tribe to fend for ourselves, the play it safe mentality doesn’t really serve us.
Don’t take yourself too seriously. I was solely chasing financial success when I was in my early 20’s, and around the beginning of the pandemic I had an honest conversation with myself, and came to terms that I wasn’t happy only chasing money. I was really caught up in self help and hustle culture, and thought I was so much smarter than all the people who were out with their friends on the weekends. Looking back, I should have spent more time with my friends and taken more social opportunities the past 3-4 years. Will you be the next billionaire if you decide to have a social life and pursue entrepreneurship? Probably not, but that doesn’t matter to me.
Stay out of consumer debt as much as humanly possible, Student loans, car loans, credit cards.The only exception I would personally make is a reasonable mortgage, but even then there would have to be certain circumstances. Don’t confuse this with business debt, such as a loan on a multi unit property. If you read MJ’s books, you should understand that consumer debt is a ball and shackle around your ankle. The more debt you have, the less freedom you have. Drive the old Toyota, live in an affordable apartment/get roommates. It's not sexy, but its a lot better than being a total slave.
Care about your appearance. I used to not care about how I looked, I had a bad haircut, no sense of style, and low self confidence. But something amazing happened when I started hitting the gym, wearing stylish clothes, and getting a better haircut; I had way more self confidence. All of the sudden I was talking to strangers, girls I found attractive, got invited out more, and became an overall social person. People say looks don’t matter, BS. We’re visual creatures, and looking the part is the secret handshake in a lot of social interactions.
Also, be more social. The worst thing that can happen is you get in a momentary awkward situation followed by a “well it was nice to meet you”. Other people have everything we could ever want, and it’s good to have a lot of connections and acquaintances.
Finally, Play to win. You may have heard this phrase before, but what does it mean? To understand it better, look at the opposite side of the coin, playing to not lose.
Playing to not lose: Getting the secure job and the comfy lifestyle, marrying the first girl that you have any sort of connection with, and play it safe. Don’t take any big risks, cause if you fail it’s assumed you’ll never make it back from that failure.
Playing to win: It’s doing the RIGHT thing, not necessarily the comfy thing. It’s making the phone call to the potential customer, facing rejection, investing money into your business instead of a new car or house. It's talking to the girl even if the timing isn’t perfect, or she's with her friends. It’s pushing yourself in the gym. It’s doing what you know is right, not necessarily what’s comfy or convenient.
If you play to win, You will come out ahead of most of the human race. Most of the human race is playing to not lose. That won’t change any time soon either, because playing to win is the exact opposite of what us humans have evolved to do. Now that we live in a relatively safe world, where there is almost 0 risk of starvation, or being exiled from a tribe to fend for ourselves, the play it safe mentality doesn’t really serve us.
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