for all of you 21 year olds out there
looking to become millionaires I have a
solution for you just as a frame of
reference I was 21 14 years ago that's
2008 one year after the iPhone got
released when I was 21 YouTube looked
like this at that time garyvee just
started speaking at conferences when I
tell you that you guys have it so
incredibly easy right now compared to my
generation the generation before that
and the generation before that every
single decade things get easier for 21
year olds I might expand on this later
but if you're 21 right now and you want
to become a millionaire I'm going to
show you three ways that you can do it
number one is the easiest and my
favorite because you don't need any
employees you can do it at any time of
day and it's what I teach on this
YouTube channel and it's called day
trading you can either trade
cryptocurrencies or Forex or indices but
if you're just starting out I highly
recommend recommend just trading Forex
for those of you that don't know what
Forex is it's called foreign exchange
trading between two currencies for
example the Euro and the dollar or the
British pound and the dollar my favorite
is Australian dollar US dollar the
concept of day trading is ridiculously
easy the fundamentals and the analysis
and all the things that you need to know
takes time to learn good thing you have
a plethora of videos here on this
YouTube channel the other good thing
about it is it's a zero risk so if
you're just starting out you start a
demo account and you practice on that
fake money account until you can prove
that you're profitable during that time
you save up money in your normal job and
then you buy what is called a funded
account challenge essentially you are
proving to investors that you are a
profitable Trader and so they give you a
trial period of 30 days to try to
generate 10 percent growth on your total
account balance if you do that to
consent executive times they actually
give you a hundred thousand two hundred
thousand fifty thousand dollars worth of
working capital and you guys have a
profit sharing program either seventy
percent eighty percent or ninety percent
depending on which company you go with
if you have a one hundred thousand
dollar account and you are able to
generate ten percent profit on that
account every single month you are able
to generate a hundred and twenty
thousand dollars a year the cool part
about day trading is that it is scalable
if you can consistently do it on one
account you can consistently do it on
five accounts there are platforms out
there where you can copy trade yourself
onto different accounts so one person's
work can be multiplied to five ten or
Twenty times now ten percent is just the
threshold that you need to pass one of
those funded challenges but I know
traders that can push sixty or seventy
percent profit in a single month the
drawbacks of day trading it takes a lot
of time to learn all of the things
involved if you've already been doing it
for a while you have a lot of bad habits
that you need to to unlearn if you are
new you actually have an advantage the
other drawback is the psychological
aspect trading fake money is easy
trading real money does weird [ __ ] to
your head you have to unlearn those
things or just be completely numb to
them personally I use day trading as a
way to grow cash flow and earn some
money so that I can then use that money
to work on other things it's a great
stepping stone but it can also be
scalable as your full-time income I
don't recommend it because it's a pain
in the ass and if your computer crashes
or you lose your eyesight you're
basically out of a job and you're out of
income but it's a good way to make money
without having a business or employees
the second way that you can become a
millionaire at the age of 21 because the
entire internet is completely riddled
with YouTube channels Tick Tock videos
Instagram reels YouTube shorts there is
a growing and growing and growing demand
for Content as a content creator myself
I know how hard it is is to pump out the
amount of volume that your viewers
actually need which is why I hire people
to help me edit as well as making short
form content which is the primary thing
that I want to talk about because if you
can go onto any YouTubers YouTube
channel and see that they are lacking in
their short form content which is the
future of video download one of their
YouTube videos learn how to edit if you
don't already chop it up to like a 15
second sound bite clip put some
subtitles on it and some noises and then
email them and say hey I see you're
lacking in short form content this is a
quick edit I did for you what do you
think maybe we can work together out of
every 10 emails you send to content
creators saying that same thing and
giving them a free sample of what you
can do you're gonna get three of them to
close the deal each one of those if you
give them like three videos a day five
days a week you could easily charge
anywhere between 2500 five thousand
dollars a month for that service the
cool thing about this is that it is also
scalable let's say with your time
constraint you can only do 20 videos a
day 20 15 second videos a day that means
that you can handle six or seven
creators if you're charging each one of
them 2500 bucks a month you're making
about 16 or 17 000 what you can do at
that point is go to upwork.com and find
video editors that do the exact same
thing for way less than your charging
and then hire two or three of them and
you can triple quadruple quintuple your
income just by Outsourcing the work to
somebody else and eventually Outsource
it entirely so once you build a brand
and a name for yourself and that you
create for these seven or eight
YouTubers you're gonna start getting
more leads and more clients and you're
going to be able to charge anywhere from
five to ten thousand dollars a month for
your services you're gonna have an
outsourced person on upwork that's
probably going to cost you eight hundred
to a thousand dollars a month so you're
sacrificing twenty percent of your gross
revenue but you're able to scale the
business without lifting a single finger
all you got to do is communicate between
your upwork employees and your
contracted YouTubers small YouTubers
like myself will not pay those amounts
but bigger YouTubers absolutely will
because they have the income to sustain
that amount of outsourced work the third
way that you can become a millionaire at
age 21 is by solving a problem think
about what I did on this YouTube channel
when I was trying to learn how to day
trade a lot of the videos out there
sucked and so what I did was I learned
everything that I possibly could and I
have this inherent ability to explain
things that are complex in a very very
simple way using analogies and making
short form videos on those topics so you
can consume information and retain it
much quicker than you normally would
it's the same thing as the dude that
created priceline.com come people needed
a solution to find the cheapest vacation
packages or the cheapest flights so he
made a portal where you can go on there
and that portal searches the entire
internet for you via one search that you
inputted the parameters for another
example is a full service marketing
agency I told you in the second way how
to make a million dollars at age 21 that
you can start redistributing content for
these content creators and because
content is the future of our world you
can actually create a marketing agency
where you handle creation of content
content distribution running
advertisements blog posts everything and
you can have clients that are paying you
twenty to fifty thousand dollars a month
for your marketing agency Services you
are going to have to get a lot of
employees to scale this to a larger
entity but solving a problem problem for
people that have money is going to make
you a millionaire if you can take like a
year out of your life and learn how to
code to code the problem solving
capability into a program that you know
exists somewhere in the world do that
because you can sell your software as a
service a SAS and make
ridiculous amounts of money because it's
one-time work for income forever if
you're 21 right now or 16 or 18 even 35
the amount of information that is
available on the internet for you to
consume and learn and grow as an
individual it's so readily available for
you it's almost disgusting how easy
technology has made things the learning
part and the idea creation part is the
easy part the hard part is actually
doing the work day in and day out
sending out thousands upon thousands of
emails to potential clients dealing with
your outsourced workers on upwork all of
that stuff is ridiculously hard and if
you don't want to work 80 hour weeks
then I don't know buy Dogecoin and hold
it until you're 60. I it's I'm
addressing the people that are ambitious
and that want to do something with their
lives if you're not one of those people
you should have stopped watching this
video 10 minutes ago I've been near
dying sick for the last week and yet
I've still managed to put in six to ten
hours of work every single day you gotta
have ambition if you want to be a
millionaire if you don't have ambition
and you think you're capable of learning
the ambitious trait then do so if not
then you just better get used to being
average so if you want a quick summary
of how I day trade and my last like 15
trades that I've taken watch this video
right here and if you know somebody that
would enjoy this video make sure you
share it to them by clicking the share
button down below thanks so much for
watching and we'll see you in the next
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