I wanted to be a musician. I made no money at it. I studied accounting and became an accountant. I made a fortune in the accounting business. Now I work 5 hours a week and spend the rest of my time doing music as I please.
The most important thing is to get started - that's is all you need to know. Period. The danger of staying in a job you hate, although you might learn stuff is that you never leave and run out of time to do anything for yourself.
good stable money is a trap too Next week I plan to leave a stable good paying job with a car cause I am not learning jack shit. Scary I know but necessary as I am not 20 anymore
Depends. What really matters, I think, is that you have an effective strategy to build wealth, whether you have a well developed plan or not. If you are in a job you hate, the money you save can be used to quit your job at some stage and work full time on your business when you are ready. You can build networks or learn things. But if you hate the job, you can't save money, and not getting any value whatsoever then for sure you are better off finding something better. Even something part time, if you can be frugal, can allow you to study, build a business or otherwise work towards something. The key is to leverage whatever you have to take you where you want to go. Without an effective strategy, nothing much is going to work
False. A huge number of businesses fail in the first year due to basically the founder not knowing what they are doing. I experienced it myself in my first business. As my skills grew things got better.
Family has business, I'm stuck in 9-5 job earning average but I quickly realized that starting business is the way to go learn actual skills to make money. Hard? Yes. Stony path? Sure. Long vacation? Nope. Fun and rewarding long term? The freedom to be your own boss and 100 % responsible for your success and failures is worth it!!!
100% agree - starting a business, no matter how small, can teach you so much and set you up to build a better and bigger more successful business. And listening to your customers is how you win - their trust and loyalty, as well as building a product that is worth buying!
Sounds always good on paper until you really start a business and everything goes south 😅. I wasted 2 years with constant struggle and nearly lost my mind because of my business.
The flipped perspective of treating a job not as a means to make money but rather a way to learn seems extremely valuable. Replacing "A job is wasting my time and I'm only doing it for money" with " A job allows me to learn and make money" shifts your paradigm and creates a growth mindset. One will be more fulfilled when working, realizing it actually benefits them in the long run. Being thorough with your "work" will increase your intelligence in the field, leading to a more successful business down the line. From a college student eager to have their first job, thanks for the invaluable advice!
The biggest mistake when starting my first business was quitting my job too early. Having that income to invest in building your business will be far more crucial than the additional time you get from quitting.
Did it too. The cost is massive. Now I longer have any savings. But I saw it as gaining experience, a sight that can never be seen without really doing it. I back with office job again, but now I know what I need to do if I want to start my business again later.
OMG. You are incredibly in touch with the current youtube culture. "I didn't just jump into a business idea after watching a 'top 10 side hustles' video!'"
I wish I had watched this video when I was in high school. such good wisdom. I didn’t know how to work and learn. I just turned 37 yesterday, and I’m just starting my journey. You’re never to young or old to learn and grow
@@carolinelorettapitse2337 realised early :D as if everyone didnt know since 18yo that they need to work to get somewhere... man please. good luck to you but youre previous life-approach already tells too much. same with me. its hard to change as you knew what you needed to do the whole time you just decided not to and now youre miserable and wont change it either lol.
Remember to protect yourself because some people are looking to get "Something for Nothing". When you show interest, are kind, and are helpful they see it as a sign that they can use you.
Same here. It's happened to me so much that my user radar is set on high and I have to remind myself to relax sometimes and just help people because I want to even if they're ungrateful.
One thing I learned from observing people work is to never take more work load and responsibility than you get paid for. I see how some people are being taken advantage of because they do more than what they are paid for.
Biggest mistake of my life was starting my software business. I was happy and successful and enjoying my life in good roles in exciting industries and financially very happy. My business changed everything. I do the work I hate, I pay myself 1/4 of what I used to earn, I can’t sleep, Im so stressed and unhappy and even if my business after five years now becomes fantastically successful it would not have been worth it.
What stops you from calling time on it? not sure if you've been going for 5 years, or if you were making a hypothetical point (Not trying to discourage, I'm interested in learning what keeps people going)
I disagree you have to earn as well. The earning is the price signal, but also honestly you need those dollars because ultimately the 'trick' to accumulating wealth is that you have to live below your means to accumulate capital/wealth. The dollars when you're younger are insanely important actually. Naturally while you're there working you absolutely should be learning how that business acquires customers, how it buys its necessary inputs, how it functions overall.
@@cwalenta656 True, you need the money. But what you need more at first is to learn. The more you learn, the more you will earn. The money always follows, but your focus should be to learn all you can early on, setting the right foundation.
Realized that at 15, 2 months into working at Mcdonalds part time. If that's revolutionary.. don't even think about business. Your brain can't handle it.
Excellent advice. The only advice I think was missing was what I call "The Pivot". Nearly all successful corporations made major changes since the beginning of their formation; be it their name, product, or how consumers receive their products. No matter how detailed your business plan is written, it will be outdated 3-6 months into your business. So don't be afraid of choosing the wrong name or logo. Also don't have tunnel vision as your observations will ultimately dictate that your business pivot at some point.
The idea of working to learn is so novel and genius to me. I’ve been running my own business for so long that I felt that working for others was somehow beneath me. Thanks for giving me the push I needed
I think it is smart to take jobs to learn or expand skills. However, the problem I ran into is that it takes control of my life. Literally everything you need to do to run your own life and or run your other business needs to take place during business hours. I took a position at a prominent woodshop with the clear understanding that I already have a functioning business that requires me to take days off sometimes without a lot of notice. I put in a year and a half of exemplary service where the head guy on the floor said I was the most valuable team member he's had in decades. I put up with very very poor wages with the idea that after a year I would get a substantial raise considering the type of craftsmanship that was required. When it came down to it the owner not only refused to give me a raise but complained about me taking off days or leaving 15 or 30 minutes early. He straight up told me I don't see any raises in your future. And that I need to put in exactly 40 hours a week. Literally no more or no less. So even if I hustled to complete projects he wanted me to stand around and sweep or reorganize bull crap for an additional half an hour just to get that exact number and also that anytime over 40 hours is not approved and will not be paid. And I'll tell you what that year and a half is like a blur. Wake up go to work come home take a shower make dinner eventually pack a lunch and the day is over just to repeat it all again for peanuts. I guess the whole point of this narrative is that it can't hurt to learn but being caught up in the idea that employers will ever actually value your hard work and dedication is a farce.
I can draw. When I focused on that I made money doing graphic and commercial art. After ten years circumstances forced me to do other things. But I always regretted not continuing to follow Michelangelo's advice: "Draw, Antonio, draw, while there is time." As for "quiet quitting"/doing the bare minimum, that's a response to being grossly overworked and under-rewarded.
@@algroulx1774 Multiple deaths in family distracted me from business for over a year/created expenditures, couldn't build it back up in time to keep a roof over my head. Started when I was 19 and energetic, at 30 and beaten down, couldn't do it again.
Best advice I have seen. It really helps to hear advice on RUclips from someone who has been there and done that, vs everyone else building businesses off of their following.
Hi, My channel has always been about helping to level up, my mentor helped me and now I feel it’s my turn to help others wanting to improve their lives. Thanks for the kind comment, hope you subscribed. MT 😎
TRUE! I started my business about a year ago and its been crazy ups and downs! Everything is much harder than I thought but overestimating myself has been quite useful. So basically JUST DO IT
I agree with that "follow your passion" statement, and I hate it, too. My passion is to stay in bed day and night because I am over 30 and love to sleep, but there's no way my passion is going to make me money.
I was so naive when I worked at a 5-9. It's a safe bet for your income, but I felt that I cannot fit into that "box". I started my business full time around a year ago and I had so many mental struggles (because I have a family to feed) and I bet I will have more in the future, but still, I can't really turn back. My skills in my field are skyrocketed, I can now really make good deals and partnership with people. Now I realise that the things you say has so much value on becoming good with your business mindset, but I couldnt even listen to these good things back then, if I havent experienced them with risk's in first hand. I needed to have a bite on the other side. That's my journey but if you're someone else, Please. Listen and do these things if you want to achieve a skillset like this.
I watched a video the day before yesterday "I to start your business? Get into side hustle!" Yesterday I watched another video titled "Want to be Rich? DON'T Start a Side Hustle! (Do actual Business)" Now I am watching a video titled "Want To Be Rich? Don’t Start A Business" At this point I just stopped thinking about getting rich & by watching videos of you guys we are actually making you rich!
If you're fresh out of school, working for a small startup for a short period is a great way to make the schoolboy mistakes with someone else's money. And you have far more responsibility, early on, than you would in a big corporate.
Let me tell you when I 1st started doing construction I made $7.25 an hour and a the beginning my attitude was miserable in doing the small things but I saw that a lot of the older guys didn't have any attention to detail and would delegate all of that kind of work to the new guys well I made that in my bread-and-butter and now today I'm starting my own company. I broke even my first year which I have heard is not bad haha. Plumbing is wild.
Hi, that sounds great ! 42 is a great age to have enough to retire! Loads of energy and lots of free time. Congratulations 🥳 and thanks for watching. MT 😎
@@rjfb973 Agressive savings. Saved 50% I earned. Worked 60 hours a week for 10 years. Improved my skills until I got a high paying tech job. Invested in specific corporate bonds instead of stocks and dividend stocks (personal strategy to complex to explain), got somewhat lucky in IPOs, selling at the first large opportunity (I could have made even more money with patience, but hindsight is 20/20). Very frugal lifestyle. Took 16 years total.
@@abbyz9790 Good question. I wish I had enjoyed life a little bit more but the goal kept me going. And after some time you start to see results and you get addicted to it. You want to save even more. It works and rarely in life you have a slow steady progress on anything. I actually could have made even more money and regret some financial ďecisions I made to be honest. But I am now in such a comfortable position that everything I did was worth it. Other people are in much worse situations and regret not doing what I did.
I take the opposite view; my advice is to begin doing what you really want to do at a young age, and never give up practicing, and improving, and learning the ropes, and getting to know the important people in the field, and learning from your mistakes. You'll get where you want to go earlier that way.
Sure, but sometimes it is important to understand the limitations. His example was having glasses precluding him from become a jet fighter pilot in the RAF. Another might be someone very small wanting to be an NBA star. It is worth practicing, and almost any skill can be learned. It's just also a question of viability of earning money with that skill. I'm sure there are some absolutely amazing basketball players who are just way too short for it ever to be a viable career option.
His point appeared to be focused around getting enough income so that you can do those things. If you've managed to have enough money then why not pursue what you want?
Glad you are making these videos Mark, highly appreciate your knowledge and input. Most of youtube in business are youngsters and inexperience, you have the wisdom, experience, and age.
I really love the advice to work to learn. Working a job is a great opportunity to learn how that business operates and potentially puts you in a position to be able to run your own down the line if that's something you want to do.
This isn’t wrong but this type of “I need to do this or be this before I’m ready” mindset is what keeps most people stuck in their ways. Better advice would be to just start something and understand that falling is just part of the game
Your story is both so inspiring and reminds me of myself in some ways.. i am 17, my dream job is being an airforce pilot and i am working on some ways to earn money from my rc planes hobby. You truly motivated me to continue working hard. Thank you!
I agree that “follow your passion” is a useless, even harmful saying. Follow your aptitude, develop skills, and bring passion to your work. Even a simple spreadsheet can be fascinating and engrossing if your pour yourself into your work.
This is great advice, Mark, but I think the "quiet quitting" is just about people sticking to their contract terms and not going too far above and beyind, at their own expense. This is because most businesses are not loyal to their employees and don't reward extra effort and diligence. I'm sure this isn't true of you own businesses.
Hi, I think you will actually find that the more you do the more you stand out, if your not being rewarded ask why and if they have not noticed you by then leave and gain more experience working for someone else. Someone who does more than expected if always worth more. Thanks for watching. MT, hope you subscribed. 😎
@@marktilbury I'm sure you're right! I definitely have subscribed, Mark. I enjoy your videos! I have never practiced "quiet quitting" myself. I prefer to do my best and be helpful. Thank you
@@2tuffjuan 😂😂😂I think this to be true. And if you do more, without being compensated, When you decide NOT to then the real problems start. Been there, done that. Yet there always seem to be ppl who get compensated for doing the bare minimum and wont even think about any additional contribution without compensation.
Hell I think most people who wanna be rich, wanna be rich to retire super early but honestly I feel like if you find smth that you love doing, and can bring in a good enough income (a.k.a just baseline chill living and not starving/malnourishing yourself), why would you wanna retire "by 30"?
Well some people wanna be rich enough to be stupid rich like filthy rich it's not the same luxury as normally rich relative to what your trying to compare to
@@snorttroll4379 honestly no clue. Just trying as many things as possible is how I found mine. I've always known I wanted to work in the creative industry but never where exactly. I tried animation, graphic design, drawing, painting, and eventually fell in love with making EDM music. Now I work for an artist's media company whilst still being able to make music and have that move along without wanting to move myself to the pearly gates
Totally agree with developing skills first. Best way to do it is to work with someone who already embodies that skill and is successfully using it to make money. Once you have developed your skills, you can go your own way and make money ;) Thanks for another great video, Mark!
Great content! Love your channel!🤩 I'm a small biz consultant so I've done my due diligence on many of these "side hustles" and 95% have no merit whatsoever.
I couldn't disagree more with your 'due diligence'. Youngsters these days don't want to go all in on a business, so prefer to start a 'side hustle' first and scale into a business. I know countless people that have started side hustles and scaled into multi 6-figure businesses. I've been around the block, scaled multiple 7 figure businesses, survived multiple economic breakdowns and built a 9 million follower social media presence - I know what I'm talking about.
You're a great story teller! Most businesses fail,I have found that there are ways to make money on your own but for me anyway,it never seems to stand on its own.
I have worked all over europe and in multiple different industries. Sales, tech support, Aftersales, logistics, hospitality to name a few and I am always asking why and how. It never really occurred to me that other people don't question things. Indirectly I have been building a knowledge base that will help me with future endeavors. The more you do, the more you can do.
Hey Mark. I live in a third-world country and would really like to start a business, yet with such an unstable economy it gets really complicated. Any specific ideas for a situation like this?
From experience, good business ideas come from first-world countries to third-world countries after a 3-5 year period. So you don’t really need to have a good idea for starting a business, just research what it is used on a developed country that it isn’t on yours. Don’t stay with the mindset of thinking: “this is not going to work on my country because of its economy ” because almost every time it is not about stability, it’s about time. That time, is the time it takes for a product to became so common on developed countries that it’s price starts getting lower, until the point of being able to enter the economy of less developed ones, and once that happens it only takes someone to adapt that product to the economy of your country. This also applies for web services, but happens much faster. Once you have that idea that you know it will reach your country, you should start to investigate how that business works and how it started at the beginning. Having an unstable economy also makes it harder for getting the initial founds you need for starting your business. But hard is not impossible. Try researching for investment founds on your country and you will surely found one that , with a good speech and presentation, will give you what you need. And another recommendation, if your idea seems very expensive for people to buy it at the beginning, start by selling it at the wealthiest people on your city, as it is much easier to convince them and they are surely all located on the same area/neighborhood.
@@SLu-nh2lz You have the opportunity to be first, be first, I advice getting some business that makes peoples lives easier and they can use their phone for.
I love you! Yes, other youtubers have great ideas that follow the tech curve of today, but being able to get advice from someone my own age that makes sense and doesn't want me to spend another 40 years just trying and failing.......I am going to re run this video over and over again whenever I get foggy or discouraged. 😊
I was looking to start my own online business right after Highschool. It is going to be about Apps (2-3) that would be related to Music. I don't know when I hope to release the first app but I was hoping to try and release it from August-December in 2023 and get it out there asap. I think an Online business is better than a real-life business because online can be done through computer and is cheaper to start and get out there.
It’s refreshing to hear someone actually say you should work nowadays. Society has reached a point that it should require every abled body people to contribute to receive assistance.
Virtually no one starts a successful business unless they already have a lot of money. It's just a fact. The whole "I started a lemonade stand when I was 12, and just kept saving up money from it and then I started more businesses and then I eventually became a billionaire" is just an absolute con. Even in the most technical sense, it costs tens of thousands of dollars just to have a legal business, nevermind all the expenses. Most workers can't afford a few hundred dollar emergency, nor can they save anything. This "start a business and get rich" myth is just a way to exploit gullible workers who want out of their situation, but don't realize their class interests just yet. They still want to elevate themselves above the other workers instead of uniting with them for a collective interest. If you do happen to win the lottery or something and decide to start a business after that, do me a favor and at least try to do something good for the world. Don't just exploit your workers and enrich yourself for the sake of enriching yourself and go down in history as another rich asshole, that's boring. Don't be a square.
A pessimistic view doesn't bring the desired outcomes. I started a pool cleaning business when 21, bought a book and studies it $39. Bought 200 in supplies and my old truck. Built up, learned repairs of equipment. Made 60k first year, 100k+ for next three, sold to two companies for a couple hundred thousand. Spent money and traveled for a few years, money got low. Rented a house, drove a taxi. Learned auto mechanics online 200. Advertised, licensed...600. started getting customers at 120-150 an hour to fix vehicles at their house or roadside, hired 3 mechanics while still working nights. Added more mechanics, each making the company 800-2500 per week. Built that up, opened a shop too, hired a crew.... You don't need big money, many businesses can be started for 300- 5000. They may not all be glamorous, but find something people need and are willing to pay for, draw up a good business plan, and get started while working a regular job...the sky is the limit!!
Many people dont realize just how low the bar for a successful business is. The key is using your information advantage; you have firsthand experience doing SOMETHING, and if your business is based off "I used to to do this, and it sucked. I know EXACTLY how we could do it better, because I did it the old way with my own hands", you have better info than 99% of the fat cats on wall street betting on companies they have never heard of, shopped at, or know anything about, let alone worked there. You have to actually improve things if you want the business to succeed, but it can be done. And no one is better equipped than you are; you just have to pay attention to what needs solving, and there's hundreds of little examples right in front of you every single day.
I think that’s the main difference in today’s society. Everybody wants to be rich and they should be more focused on being financially free. There is a huge difference.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
Apparently my skill is knowing exactly what words and phrases to use to find exactly what I need in Google or RUclips. I have always had this knack. It never occured to me to use it to look up how to make money the RIGHT way.. and this video is spot on.
No "hustle guru" was harmed in this video 😅 Valuable tips here. Those "10 side hustles that can make you rich" only helps those earn a few dollars who make those kind of videos
Hi Mark - it appears you've really thought about what you've been doing along the way, as you've been doing it! Fascinating perspective and a message of value. I definitely agree with the notion of trying lots of different things to find your talents. Thanks, Jack
Man! t is refreshing to hear a business man speaking realty in this time and age, I'm so done with the imaginary world of social media culture and gurus.
Great Video! I love the steps! I do have a way for people to build residual income with my team while they follow your steps. I followed your steps when I was a kid and on throughout. I went from Sales to CEO and then built my own companies…. Good stuff, keep it up! Helping Others is our mantra
Hey Mark. I hit the $100k/m mark a while ago, but have been trying to reach the next level. I want to grow our business to 8 figures per year, but it's proving sticky due to a low glass ceiling in our industry. Will you create a video also catered for those in this predicament, like Alex Hormozi does content for people trying to scale.
Hi, there will be more business related videos coming via the discord group as this is more business driven than the RUclips channel. Be great to have you in the community. MT 😎
I talked with my dad a few times about how important it is to have knowledge of a business before you start one, I think that is one of the most understated points in videos to future-entrepreneurs and you did a great job explaining that point.
Mark, what's the best thing to do if your business teacher falls out of grace and becomes your business competitor? How do you compensate from losing a solid professional reference? Great video! Nice title 😅
Think about competition differently. I look at competition as a way to improve your product and service. I would tell your teacher that you learned a lot from him and you hope that your competition will be friendly and help both of you improve your business. Just an idea.
thank you for taking the time to make this video. As somebody relatively young (30) who started a business selling goods online instead of going to uni and had some good success but ultimately was left with all that work in the gutter after brexit, pandemic etc. I really thought I was on the right path but after alot of self reflection now I feel starting a buisness is not something I would really recommend to anyone. Instead I concluded If I just worked really hard in a job somewhere and focused on solving problems and building my skills then success and higher paying jobs would naturally follow. Its nice to have that reaffirmed by someone who has had success in their life. Also its only taken me 30 years to realise that maybe your right it does matter that I wear scraggy jogging bottoms and cheap printed t shirts and people can't help not respect me the same way as someone more presented. Time to sharpen up and work on my interpersonal skills as well I think.
7 bucks an hour isn't bad if U gain skills and a trade....if U worked at night picking up glasses or serving beers you would have made the shortfall up in income easily...
Thanks for this advice, I remember my dad telling me to get into business but I decided to not and play video games, Now at the age of 14 I still think its too late for me.
Number 2 (devote everything to a job) and number 5 (identify improvements) are actually the most OP tips I've ever heard about becoming successful. Yes you're overworked and under rewarded, but that's the same situation you'd be in with your own business. At least for a while anyway. And don't forget that you're actually responsible for everything unlike in your currently horrible job. However, knowing what's making your job horrible would be what helps you hopefully not make that same mistake with your own business. It's scary, painful, and unpredictable. However, this is the only consistent way. This video changed me.
Mike Rowe's anecdote about a guy that raised cow figured out how to turn manure into biodegradeable planters is one I reference often.. He was rich and happy. At no point was cow manure his passion.
"How you do the small things is how you do the big things" That's probably true if you do all smaller tasks lazily out of negligence, but that's not the same as quit quitting so that you can put your full effort into something that really matters
Thanks, Mark. 16K views but only 1.2K likes. I suppose there's appreciation and expectation. I went for appreciation and liked. I suggested to my students at a high school to find out what they're good at, and get paid to learn more about it for a few years instead of paying to learn at uni for a few years of debt.
Hi, great advice! I feel to many go to university just for a big expensive party. Real life will teach you so much more. Thanks for watching MT, hope you subscribed. 😎
@@marktilbury Yes, I subscribed a while back, and yes, an expensive party, indeed. One problem is convincing people that uni, depending on the field of study, may not be a guarantee of getting any job at all. Also, I think many students don't even know why they're studying what they are studying, nor what they want do do at the end of it all.
For so long, people has been misled by sayings like “Follow your passion, and the money will follow you”. This is nothing but fantasy. This is why rule #1 was put forward first. Do what you are best at. Absolutely! Life is a competition. Why would you want to use some skill you’re not so good at to compete against other people doing their best? Find your natural talent and perfect it. You will be winning with little effort. And by the way, as it normally goes, you’ll come to like what you’re doing as you are a winner and people respect you for your superb skills.
If you enjoy subjects about masculinity and mastery, I invite you to explore the videos I share on the Mastery Order Channel. Challenge yourself with some ideas about manhood, explore your masculine potential to the maximum and become the kind of man you would respect. We can only better ourselves together, as men among men, so I invite you to use what I share and, of course, share your own thoughts so that others can benefit from them as well. All the best to you!
Mark, your advice is great. But when I hear "quiet quitting," I think it means people sticking to their contract terms and not going too far above and beyond, taking care of themselves.
I would love a video on your experience as a carpenter and how learning from that job, helped you to get to where you’re at now. I’m in the trades too and want to create a business
"The way you do the small things..." Absolutely! We're big on punctuality. If someone can't get the basics sorted, their chances are low. If someone needs how to come up with a new business idea from scratch we'll send them a copy of our book.
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
lnvesting in the stock market has historically provided higher returns than other forms of investment with the average annual return for the S&P 500 index, being approximately 10% over the past 3 decades. I've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
This is so true.. Iv been selling on Amazon since 2017 I worked full time and did it on side and failed many times with cash flow Then once I had a winner with high roi I left Stupid idea.. Now I know I have to make 220k month to even leave my full time job and not worry .. You can only pay your self a simple wage. Or you pay alot in tax.
Bonus if you can get into a job in the same realm of business you’d like to pursue. You’re literally being paid to learn the business and get good at it.
Work to learn, ask why... find your loop-hole, stand out but be genuine. Sell what you don't have, to find what will sell. Feedback, constant improvement. 80/20. Value to many, scale it.
The point is, never go customer-facing. I mean there are these HUGE corporations that already have the resources to reach the customers, why not just work for them?
LOL Its taken me till 40 to realize what my talent is. Ive gone through several business that failed and I've learned from each one. Ive had some successes but now i have what i need to start my goal. I have a million dollars through the sale of some machines from my last business and i get to apply that money to my dream business. Im so excited to get started. And yea find what your good at. I know what I'm good at and I've collected ppl in key areas to build a team.
It's hard to start a business especially in CA. With my luck I would have less sales than the fees I pay to just get started. Especially when you need to license commercial trucks etc.
@@ethanlee-c3d two different RUclips channels. This one that I'm commenting from is small and doesn't earn much, but has potential, the other is in the education niche, with about 200k subs, and generates a substantial income. My day job is in construction.
This video alone is worth $1mil dollars. Thank you for sharing these tips. I’m very skeptical about all these get rich quick schemes. This information is more realistic and down to earth.
I wanted to be a musician. I made no money at it. I studied accounting and became an accountant. I made a fortune in the accounting business. Now I work 5 hours a week and spend the rest of my time doing music as I please.
Legend
This is exactly my thought process.
I dont care about your sacrifice but at the end you must have a luck for a success
@user-os1sh4xo3g That's not luck. It's hard work and determination. Accounting is something not many people like to do, so high demand and low supply.
@matthewmorgan582 thanks!
The most important thing is to get started - that's is all you need to know. Period. The danger of staying in a job you hate, although you might learn stuff is that you never leave and run out of time to do anything for yourself.
So true
good stable money is a trap too
Next week I plan to leave a stable good paying job with a car cause I am not learning jack shit.
Scary I know but necessary as I am not 20 anymore
@@btf1287 Congrats! Please keep us posted!
Depends. What really matters, I think, is that you have an effective strategy to build wealth, whether you have a well developed plan or not.
If you are in a job you hate, the money you save can be used to quit your job at some stage and work full time on your business when you are ready.
You can build networks or learn things.
But if you hate the job, you can't save money, and not getting any value whatsoever then for sure you are better off finding something better.
Even something part time, if you can be frugal, can allow you to study, build a business or otherwise work towards something.
The key is to leverage whatever you have to take you where you want to go. Without an effective strategy, nothing much is going to work
False. A huge number of businesses fail in the first year due to basically the founder not knowing what they are doing. I experienced it myself in my first business. As my skills grew things got better.
Family has business, I'm stuck in 9-5 job earning average but I quickly realized that starting business is the way to go learn actual skills to make money. Hard? Yes. Stony path? Sure. Long vacation? Nope. Fun and rewarding long term? The freedom to be your own boss and 100 % responsible for your success and failures is worth it!!!
Startup. Fail. Repeat until you succeed 💪
@@maxmustermann194 did you actually made a start-up?
There’s a limited demand for business. People can only spend so much.
@@ab_man7708 yes
@@IL_Bgentyl there will always be demand for things, new consumer goods keep popping up and people buy.
100% agree - starting a business, no matter how small, can teach you so much and set you up to build a better and bigger more successful business. And listening to your customers is how you win - their trust and loyalty, as well as building a product that is worth buying!
Steve Jobs had the people skills
Steve Wozniak had the know-how.
The lesson here is to form teams with people who share their first name.
@@scratchy996 me when theres no one else i know named azriel: 😰
@azrielhabal6428 yo, do you remember the name game 2d bruh?
Sounds always good on paper until you really start a business and everything goes south 😅. I wasted 2 years with constant struggle and nearly lost my mind because of my business.
The flipped perspective of treating a job not as a means to make money but rather a way to learn seems extremely valuable. Replacing "A job is wasting my time and I'm only doing it for money" with " A job allows me to learn and make money" shifts your paradigm and creates a growth mindset. One will be more fulfilled when working, realizing it actually benefits them in the long run. Being thorough with your "work" will increase your intelligence in the field, leading to a more successful business down the line. From a college student eager to have their first job, thanks for the invaluable advice!
How valuable is learning how to flip burgers?
@@randythayer8440if that’s your job prospect then maybe a business isn’t for you
The biggest mistake when starting my first business was quitting my job too early. Having that income to invest in building your business will be far more crucial than the additional time you get from quitting.
Hi Dylan, great words of wisdom my friend. Thanks for watching. MT 😎
At what point did you quit your job ? 6 months? A year?
@@truality8289 I dont know when he did it but I'd do it when the side income surpasses my day job income
I made the same mistake of quiting my job prematurely - It hurt me really bad.
Did it too. The cost is massive. Now I longer have any savings. But I saw it as gaining experience, a sight that can never be seen without really doing it. I back with office job again, but now I know what I need to do if I want to start my business again later.
Thanks!
OMG. You are incredibly in touch with the current youtube culture.
"I didn't just jump into a business idea after watching a 'top 10 side hustles' video!'"
I wish I had watched this video when I was in high school. such good wisdom. I didn’t know how to work and learn. I just turned 37 yesterday, and I’m just starting my journey. You’re never to young or old to learn and grow
Same.
I'm also on my 30s and by end of month I'm quitting to do something els,,time is the most important asset we should use wisely
To be fair, I'm not sure if these videos existed when we were in high school lol
Love this comment. More power to you. Never give up❤
@@carolinelorettapitse2337 realised early :D as if everyone didnt know since 18yo that they need to work to get somewhere... man please.
good luck to you but youre previous life-approach already tells too much. same with me. its hard to change as you knew what you needed to do the whole time you just decided not to and now youre miserable and wont change it either lol.
Remember to protect yourself because some people are looking to get "Something for Nothing". When you show interest, are kind, and are helpful they see it as a sign that they can use you.
Been there done that. Ive been used so much for my kindness its like ive got “fuck me over” written on my forehead.
Same here. It's happened to me so much that my user radar is set on high and I have to remind myself to relax sometimes and just help people because I want to even if they're ungrateful.
One thing I learned from observing people work is to never take more work load and responsibility than you get paid for. I see how some people are being taken advantage of because they do more than what they are paid for.
Preach!
@@sevculham3246ditto that.
Biggest mistake of my life was starting my software business.
I was happy and successful and enjoying my life in good roles in exciting industries and financially very happy.
My business changed everything. I do the work I hate, I pay myself 1/4 of what I used to earn, I can’t sleep, Im so stressed and unhappy and even if my business after five years now becomes fantastically successful it would not have been worth it.
What stops you from calling time on it? not sure if you've been going for 5 years, or if you were making a hypothetical point
(Not trying to discourage, I'm interested in learning what keeps people going)
I totally agree - "Work to learn, not to earn."
Alex hormozi says it too
I disagree you have to earn as well. The earning is the price signal, but also honestly you need those dollars because ultimately the 'trick' to accumulating wealth is that you have to live below your means to accumulate capital/wealth. The dollars when you're younger are insanely important actually. Naturally while you're there working you absolutely should be learning how that business acquires customers, how it buys its necessary inputs, how it functions overall.
@@cwalenta656 True, you need the money. But what you need more at first is to learn. The more you learn, the more you will earn. The money always follows, but your focus should be to learn all you can early on, setting the right foundation.
I never thought of it that way…learn while you earn. Good stuff!
Realized that at 15, 2 months into working at Mcdonalds part time. If that's revolutionary.. don't even think about business. Your brain can't handle it.
Excellent advice. The only advice I think was missing was what I call "The Pivot". Nearly all successful corporations made major changes since the beginning of their formation; be it their name, product, or how consumers receive their products. No matter how detailed your business plan is written, it will be outdated 3-6 months into your business. So don't be afraid of choosing the wrong name or logo. Also don't have tunnel vision as your observations will ultimately dictate that your business pivot at some point.
The idea of working to learn is so novel and genius to me. I’ve been running my own business for so long that I felt that working for others was somehow beneath me. Thanks for giving me the push I needed
I think it is smart to take jobs to learn or expand skills. However, the problem I ran into is that it takes control of my life. Literally everything you need to do to run your own life and or run your other business needs to take place during business hours. I took a position at a prominent woodshop with the clear understanding that I already have a functioning business that requires me to take days off sometimes without a lot of notice. I put in a year and a half of exemplary service where the head guy on the floor said I was the most valuable team member he's had in decades. I put up with very very poor wages with the idea that after a year I would get a substantial raise considering the type of craftsmanship that was required. When it came down to it the owner not only refused to give me a raise but complained about me taking off days or leaving 15 or 30 minutes early. He straight up told me I don't see any raises in your future. And that I need to put in exactly 40 hours a week. Literally no more or no less. So even if I hustled to complete projects he wanted me to stand around and sweep or reorganize bull crap for an additional half an hour just to get that exact number and also that anytime over 40 hours is not approved and will not be paid. And I'll tell you what that year and a half is like a blur. Wake up go to work come home take a shower make dinner eventually pack a lunch and the day is over just to repeat it all again for peanuts. I guess the whole point of this narrative is that it can't hurt to learn but being caught up in the idea that employers will ever actually value your hard work and dedication is a farce.
I can draw. When I focused on that I made money doing graphic and commercial art. After ten years circumstances forced me to do other things. But I always regretted not continuing to follow Michelangelo's advice: "Draw, Antonio, draw, while there is time."
As for "quiet quitting"/doing the bare minimum, that's a response to being grossly overworked and under-rewarded.
What pushed you into changing your career and not draw commercially anymore? ty
@@algroulx1774 Multiple deaths in family distracted me from business for over a year/created expenditures, couldn't build it back up in time to keep a roof over my head. Started when I was 19 and energetic, at 30 and beaten down, couldn't do it again.
@@Nunya_Bidness_53 I think you will be able to find again the path to success like you did previously.
But your name is not Antonio
At least at the beginning, overworked and underrewarded is the definition of starting your own business
Best advice I have seen. It really helps to hear advice on RUclips from someone who has been there and done that, vs everyone else building businesses off of their following.
Hi, My channel has always been about helping to level up, my mentor helped me and now I feel it’s my turn to help others wanting to improve their lives. Thanks for the kind comment, hope you subscribed. MT 😎
TRUE! I started my business about a year ago and its been crazy ups and downs! Everything is much harder than I thought but overestimating myself has been quite useful. So basically JUST DO IT
BRAVO!
Well done!
I agree with that "follow your passion" statement, and I hate it, too.
My passion is to stay in bed day and night because I am over 30 and love to sleep, but there's no way my passion is going to make me money.
@ThisAndThat1111 actually?
I am interested in what you have to say and I want to subscribe to your newsletter.
Go test Temper pedic beds 🤔💬
@@mrscorywilkesI heard they pay quite a lot for the job 😅
Follow your passion... ok, chasing women.
@@gungagalunga9040 become a pick up artist or a dating coach
I was so naive when I worked at a 5-9. It's a safe bet for your income, but I felt that I cannot fit into that "box". I started my business full time around a year ago and I had so many mental struggles (because I have a family to feed) and I bet I will have more in the future, but still, I can't really turn back. My skills in my field are skyrocketed, I can now really make good deals and partnership with people. Now I realise that the things you say has so much value on becoming good with your business mindset, but I couldnt even listen to these good things back then, if I havent experienced them with risk's in first hand. I needed to have a bite on the other side.
That's my journey but if you're someone else, Please. Listen and do these things if you want to achieve a skillset like this.
I am in the same situation brother. Family to feed, looking to escape 5-9. Afraid to take the jump.
Whoever’s reading this I pray you are happy and become extremely successful!
Thank you I appreciate it. It's a privilege to be where I am to day. I ask myself some times how did I make it this far. I appreciate the comment
God bless you
"The world is too hard for you to be soft" Love it
So true, people think that starting a business magically solves your problems, but it is just srlf employment
He hits a lot of great points in this one video and manages to tie them all together. Very glad I came across this video again!
I wish I saw this one YEARS ago. 🥲
I watched a video the day before yesterday "I to start your business? Get into side hustle!"
Yesterday I watched another video titled "Want to be Rich? DON'T Start a Side Hustle! (Do actual Business)"
Now I am watching a video titled "Want To Be Rich? Don’t Start A Business"
At this point I just stopped thinking about getting rich & by watching videos of you guys we are actually making you rich!
If you're fresh out of school, working for a small startup for a short period is a great way to make the schoolboy mistakes with someone else's money. And you have far more responsibility, early on, than you would in a big corporate.
High school or college?
@@rasheemthebestfirstone3274 what startup are you working for out of highschool...with what skills...
@@Destrudo5359 connecting usb c cable to usb c port😂
@@Cheesecake99YearsAgo english
"or even worse, if you just don't have one!"
I felt this on a spiritual level.
it's kinda crazy how nobody's talking about the banned book called Success Secrets Of The Elite
I was a little skeptical at first, but after reading this book like wow. Definitely worth checking out!
bot
@@krishc.8980 I am not a bot G.
@Ans-zv6gv huh?
@@krishc.8980 fr his a straight bot
Let me tell you when I 1st started doing construction I made $7.25 an hour and a the beginning my attitude was miserable in doing the small things but I saw that a lot of the older guys didn't have any attention to detail and would delegate all of that kind of work to the new guys well I made that in my bread-and-butter and now today I'm starting my own company. I broke even my first year which I have heard is not bad haha. Plumbing is wild.
Not bad if you're starting out. Could be much worse.
I retired 5 years ago at age 42. Follow what this man is saying. He is 100% correct on every topic. Life is non-linear.
Hi, that sounds great ! 42 is a great age to have enough to retire! Loads of energy and lots of free time. Congratulations 🥳 and thanks for watching. MT 😎
How much work can I handle?
How much am I worth?
What flaws do I have?
What am I good for?
What do I care about?
What was you done that allowed you to achieve this?
@@rjfb973 Agressive savings. Saved 50% I earned. Worked 60 hours a week for 10 years. Improved my skills until I got a high paying tech job. Invested in specific corporate bonds instead of stocks and dividend stocks (personal strategy to complex to explain), got somewhat lucky in IPOs, selling at the first large opportunity (I could have made even more money with patience, but hindsight is 20/20). Very frugal lifestyle. Took 16 years total.
@@abbyz9790 Good question. I wish I had enjoyed life a little bit more but the goal kept me going. And after some time you start to see results and you get addicted to it. You want to save even more. It works and rarely in life you have a slow steady progress on anything. I actually could have made even more money and regret some financial ďecisions I made to be honest. But I am now in such a comfortable position that everything I did was worth it. Other people are in much worse situations and regret not doing what I did.
Your financial advice actually helped us boost our business. I appreciate you.
I take the opposite view; my advice is to begin doing what you really want to do at a young age, and never give up practicing, and improving, and learning the ropes, and getting to know the important people in the field, and learning from your mistakes. You'll get where you want to go earlier that way.
Exactly the results come from doing and mistakes help to understand the buisness better and lern. It's not wasted time like he said
Sure, but sometimes it is important to understand the limitations. His example was having glasses precluding him from become a jet fighter pilot in the RAF. Another might be someone very small wanting to be an NBA star. It is worth practicing, and almost any skill can be learned. It's just also a question of viability of earning money with that skill. I'm sure there are some absolutely amazing basketball players who are just way too short for it ever to be a viable career option.
Most people don't know what they want to do
@@david_fitzmaurice Working for others won't help that.
His point appeared to be focused around getting enough income so that you can do those things. If you've managed to have enough money then why not pursue what you want?
Glad you are making these videos Mark, highly appreciate your knowledge and input. Most of youtube in business are youngsters and inexperience, you have the wisdom, experience, and age.
Hi, thanks for that my friend. MT 😎
But Most you tuber just selling views
I really love the advice to work to learn. Working a job is a great opportunity to learn how that business operates and potentially puts you in a position to be able to run your own down the line if that's something you want to do.
Yes, but try to avoid lawsuits from former work.
@@bastjewhat you mean
This isn’t wrong but this type of “I need to do this or be this before I’m ready” mindset is what keeps most people stuck in their ways. Better advice would be to just start something and understand that falling is just part of the game
This!!
Your story is both so inspiring and reminds me of myself in some ways.. i am 17, my dream job is being an airforce pilot and i am working on some ways to earn money from my rc planes hobby. You truly motivated me to continue working hard. Thank you!
Hi, so great to hear that’s it’s motivated you to take action, good luck my friend. Hope you subscribed for more. MT 😎
I agree that “follow your passion” is a useless, even harmful saying. Follow your aptitude, develop skills, and bring passion to your work. Even a simple spreadsheet can be fascinating and engrossing if your pour yourself into your work.
This is great advice, Mark, but I think the "quiet quitting" is just about people sticking to their contract terms and not going too far above and beyind, at their own expense. This is because most businesses are not loyal to their employees and don't reward extra effort and diligence. I'm sure this isn't true of you own businesses.
Hi, I think you will actually find that the more you do the more you stand out, if your not being rewarded ask why and if they have not noticed you by then leave and gain more experience working for someone else. Someone who does more than expected if always worth more. Thanks for watching. MT, hope you subscribed. 😎
@@marktilbury in what world? The more we work the more owners take profits and not even increase wages …
@@marktilbury I'm sure you're right! I definitely have subscribed, Mark. I enjoy your videos! I have never practiced "quiet quitting" myself. I prefer to do my best and be helpful. Thank you
@@marktilbury You may stand out, but if you are prepared to do extra for free, why would they pay you?
@@2tuffjuan 😂😂😂I think this to be true. And if you do more, without being compensated, When you decide NOT to then the real problems start. Been there, done that. Yet there always seem to be ppl who get compensated for doing the bare minimum and wont even think about any additional contribution without compensation.
“genuinely caring about others might seem like a waste of time” 😂 that is the financial mindset 100%
Don't chase money Chase needs. And the only way to do that is find a problem, solve a problem, and capitalize on the problem.
But I need money, lol
This video is really underrated and he's spitting straight facts and valuable tips not like the scams that we find in litteraly any video nowadays
Hell I think most people who wanna be rich, wanna be rich to retire super early but honestly I feel like if you find smth that you love doing, and can bring in a good enough income (a.k.a just baseline chill living and not starving/malnourishing yourself), why would you wanna retire "by 30"?
Well some people wanna be rich enough to be stupid rich like filthy rich it's not the same luxury as normally rich relative to what your trying to compare to
how does one find a job one likes?
Nobody retires early anymore. They just start RUclips channels telling you how to retire early.
@@snorttroll4379 honestly no clue. Just trying as many things as possible is how I found mine. I've always known I wanted to work in the creative industry but never where exactly. I tried animation, graphic design, drawing, painting, and eventually fell in love with making EDM music. Now I work for an artist's media company whilst still being able to make music and have that move along without wanting to move myself to the pearly gates
Good advise. My aunties to whom worked on accounts also said: "Only invest if you're willingly to loose. If you cannot, don't".
Totally agree with developing skills first. Best way to do it is to work with someone who already embodies that skill and is successfully using it to make money. Once you have developed your skills, you can go your own way and make money ;) Thanks for another great video, Mark!
Great content! Love your channel!🤩 I'm a small biz consultant so I've done my due diligence on many of these "side hustles" and 95% have no merit whatsoever.
I couldn't disagree more with your 'due diligence'. Youngsters these days don't want to go all in on a business, so prefer to start a 'side hustle' first and scale into a business.
I know countless people that have started side hustles and scaled into multi 6-figure businesses.
I've been around the block, scaled multiple 7 figure businesses, survived multiple economic breakdowns and built a 9 million follower social media presence - I know what I'm talking about.
The way you do one thing is the way you do everything! If you do the bare minimum at work you will do the bare minimum in life!
I started an online clothes business on my own: work hard from home on it every day. It’s going well 🙏
You're a great story teller!
Most businesses fail,I have found that there are ways to make money on your own but for me anyway,it never seems to stand on its own.
I have worked all over europe and in multiple different industries. Sales, tech support, Aftersales, logistics, hospitality to name a few and I am always asking why and how. It never really occurred to me that other people don't question things. Indirectly I have been building a knowledge base that will help me with future endeavors. The more you do, the more you can do.
I don't think so
I agree
Hey Mark. I live in a third-world country and would really like to start a business, yet with such an unstable economy it gets really complicated. Any specific ideas for a situation like this?
What industry?
If you can do online biz with Westerners, you can make a fortune.
From experience, good business ideas come from first-world countries to third-world countries after a 3-5 year period. So you don’t really need to have a good idea for starting a business, just research what it is used on a developed country that it isn’t on yours. Don’t stay with the mindset of thinking: “this is not going to work on my country because of its economy ” because almost every time it is not about stability, it’s about time. That time, is the time it takes for a product to became so common on developed countries that it’s price starts getting lower, until the point of being able to enter the economy of less developed ones, and once that happens it only takes someone to adapt that product to the economy of your country. This also applies for web services, but happens much faster. Once you have that idea that you know it will reach your country, you should start to investigate how that business works and how it started at the beginning.
Having an unstable economy also makes it harder for getting the initial founds you need for starting your business. But hard is not impossible. Try researching for investment founds on your country and you will surely found one that , with a good speech and presentation, will give you what you need.
And another recommendation, if your idea seems very expensive for people to buy it at the beginning, start by selling it at the wealthiest people on your city, as it is much easier to convince them and they are surely all located on the same area/neighborhood.
@@matiestrella510 Lots of thanks for the advice man. I'll try to apply it
@@SLu-nh2lz You have the opportunity to be first, be first, I advice getting some business that makes peoples lives easier and they can use their phone for.
Man, you're giving so much value to the internet. I highly appreciate you❤
I love you! Yes, other youtubers have great ideas that follow the tech curve of today, but being able to get advice from someone my own age that makes sense and doesn't want me to spend another 40 years just trying and failing.......I am going to re run this video over and over again whenever I get foggy or discouraged. 😊
Didn't knew you had your channel . I hope this advice from a veteran would be more authentic and nuanced than some kids online .
I was looking to start my own online business right after Highschool. It is going to be about Apps (2-3) that would be related to Music. I don't know when I hope to release the first app but I was hoping to try and release it from August-December in 2023 and get it out there asap. I think an Online business is better than a real-life business because online can be done through computer and is cheaper to start and get out there.
PAYING CUSTOMERS????? NO TIRE KICKERS...HEY ILLUS8VE BUYER...
Have you started yet?
@@heyitsnickpw3071 not yet. Some things are difficult to get across.
@@Brosowski are you going to college?
@@heyitsnickpw3071 I am taking a gap year and then I might after that.
It’s refreshing to hear someone actually say you should work nowadays.
Society has reached a point that it should require every abled body people to contribute to receive assistance.
Virtually no one starts a successful business unless they already have a lot of money. It's just a fact. The whole "I started a lemonade stand when I was 12, and just kept saving up money from it and then I started more businesses and then I eventually became a billionaire" is just an absolute con. Even in the most technical sense, it costs tens of thousands of dollars just to have a legal business, nevermind all the expenses. Most workers can't afford a few hundred dollar emergency, nor can they save anything. This "start a business and get rich" myth is just a way to exploit gullible workers who want out of their situation, but don't realize their class interests just yet. They still want to elevate themselves above the other workers instead of uniting with them for a collective interest.
If you do happen to win the lottery or something and decide to start a business after that, do me a favor and at least try to do something good for the world. Don't just exploit your workers and enrich yourself for the sake of enriching yourself and go down in history as another rich asshole, that's boring. Don't be a square.
Its too many lemonade sellers already, you stand no chance exaactly 😊
A pessimistic view doesn't bring the desired outcomes. I started a pool cleaning business when 21, bought a book and studies it $39. Bought 200 in supplies and my old truck. Built up, learned repairs of equipment. Made 60k first year, 100k+ for next three, sold to two companies for a couple hundred thousand. Spent money and traveled for a few years, money got low. Rented a house, drove a taxi. Learned auto mechanics online 200. Advertised, licensed...600. started getting customers at 120-150 an hour to fix vehicles at their house or roadside, hired 3 mechanics while still working nights. Added more mechanics, each making the company 800-2500 per week. Built that up, opened a shop too, hired a crew.... You don't need big money, many businesses can be started for 300- 5000. They may not all be glamorous, but find something people need and are willing to pay for, draw up a good business plan, and get started while working a regular job...the sky is the limit!!
Many people dont realize just how low the bar for a successful business is.
The key is using your information advantage; you have firsthand experience doing SOMETHING, and if your business is based off "I used to to do this, and it sucked. I know EXACTLY how we could do it better, because I did it the old way with my own hands", you have better info than 99% of the fat cats on wall street betting on companies they have never heard of, shopped at, or know anything about, let alone worked there.
You have to actually improve things if you want the business to succeed, but it can be done. And no one is better equipped than you are; you just have to pay attention to what needs solving, and there's hundreds of little examples right in front of you every single day.
Communists are such weak pansies that want to hide behind everyone else, the problem is most people don’t want to join your pity party.
I think that’s the main difference in today’s society. Everybody wants to be rich and they should be more focused on being financially free. There is a huge difference.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
Apparently my skill is knowing exactly what words and phrases to use to find exactly what I need in Google or RUclips. I have always had this knack. It never occured to me to use it to look up how to make money the RIGHT way.. and this video is spot on.
become a marketer lol
No "hustle guru" was harmed in this video 😅
Valuable tips here. Those "10 side hustles that can make you rich" only helps those earn a few dollars who make those kind of videos
Find what you love and do that, not only will you not feel like you are working the money will come.
Hi Mark - it appears you've really thought about what you've been doing along the way, as you've been doing it! Fascinating perspective and a message of value. I definitely agree with the notion of trying lots of different things to find your talents. Thanks, Jack
Man! t is refreshing to hear a business man speaking realty in this time and age, I'm so done with the imaginary world of social media culture and gurus.
Great Video! I love the steps! I do have a way for people to build residual income with my team while they follow your steps. I followed your steps when I was a kid and on throughout. I went from Sales to CEO and then built my own companies…. Good stuff, keep it up! Helping Others is our mantra
I know several self made millionaires, most are immigrants to the USA.
Create wealth by starting your own business.
Hey Mark. I hit the $100k/m mark a while ago, but have been trying to reach the next level. I want to grow our business to 8 figures per year, but it's proving sticky due to a low glass ceiling in our industry. Will you create a video also catered for those in this predicament, like Alex Hormozi does content for people trying to scale.
What type of business model did you pursue?
Hi, there will be more business related videos coming via the discord group as this is more business driven than the RUclips channel. Be great to have you in the community. MT 😎
@@marktilbury That's a good pitch.
@@devendhillon9407 Software development.
@@Ermz What should I do if I want to pursue in this field in terms of a business?
I talked with my dad a few times about how important it is to have knowledge of a business before you start one, I think that is one of the most understated points in videos to future-entrepreneurs and you did a great job explaining that point.
Mark, what's the best thing to do if your business teacher falls out of grace and becomes your business competitor? How do you compensate from losing a solid professional reference?
Great video! Nice title 😅
Think about competition differently. I look at competition as a way to improve your product and service. I would tell your teacher that you learned a lot from him and you hope that your competition will be friendly and help both of you improve your business. Just an idea.
I've been working to learn for the past 10 years, finding the off ramp is the challenge now.
thank you for taking the time to make this video. As somebody relatively young (30) who started a business selling goods online instead of going to uni and had some good success but ultimately was left with all that work in the gutter after brexit, pandemic etc. I really thought I was on the right path but after alot of self reflection now I feel starting a buisness is not something I would really recommend to anyone. Instead I concluded If I just worked really hard in a job somewhere and focused on solving problems and building my skills then success and higher paying jobs would naturally follow. Its nice to have that reaffirmed by someone who has had success in their life. Also its only taken me 30 years to realise that maybe your right it does matter that I wear scraggy jogging bottoms and cheap printed t shirts and people can't help not respect me the same way as someone more presented. Time to sharpen up and work on my interpersonal skills as well I think.
7 bucks an hour isn't bad if U gain skills and a trade....if U worked at night picking up glasses or serving beers you would have made the shortfall up in income easily...
Thanks for this advice, I remember my dad telling me to get into business but I decided to not and play video games, Now at the age of 14 I still think its too late for me.
Blud you’re 14 how is it too late? 💀
Also your dad wanted you to start a business before 14? 💀
@@Telesto_Timelost he wanted me to learn about business not start it before 14 😅
Number 2 (devote everything to a job) and number 5 (identify improvements) are actually the most OP tips I've ever heard about becoming successful.
Yes you're overworked and under rewarded, but that's the same situation you'd be in with your own business. At least for a while anyway.
And don't forget that you're actually responsible for everything unlike in your currently horrible job. However, knowing what's making your job horrible would be what helps you hopefully not make that same mistake with your own business.
It's scary, painful, and unpredictable. However, this is the only consistent way.
This video changed me.
Hi, so happy that you found the video useful. That’s my aim for everyone. Thanks for watching. MT 😎
Mike Rowe's anecdote about a guy that raised cow figured out how to turn manure into biodegradeable planters is one I reference often.. He was rich and happy. At no point was cow manure his passion.
Everything is saturated.
Is this a good or a bad thing
Hence, you need to "create" a need of... a certain market
"How you do the small things is how you do the big things"
That's probably true if you do all smaller tasks lazily out of negligence, but that's not the same as quit quitting so that you can put your full effort into something that really matters
Thanks, Mark. 16K views but only 1.2K likes. I suppose there's appreciation and expectation. I went for appreciation and liked.
I suggested to my students at a high school to find out what they're good at, and get paid to learn more about it for a few years instead of paying to learn at uni for a few years of debt.
Hi, great advice! I feel to many go to university just for a big expensive party. Real life will teach you so much more. Thanks for watching MT, hope you subscribed. 😎
@@marktilbury Yes, I subscribed a while back, and yes, an expensive party, indeed.
One problem is convincing people that uni, depending on the field of study, may not be a guarantee of getting any job at all. Also, I think many students don't even know why they're studying what they are studying, nor what they want do do at the end of it all.
For so long, people has been misled by sayings like “Follow your passion, and the money will follow you”. This is nothing but fantasy. This is why rule #1 was put forward first. Do what you are best at. Absolutely! Life is a competition. Why would you want to use some skill you’re not so good at to compete against other people doing their best? Find your natural talent and perfect it. You will be winning with little effort. And by the way, as it normally goes, you’ll come to like what you’re doing as you are a winner and people respect you for your superb skills.
If you enjoy subjects about masculinity and mastery, I invite you to explore the videos I share on the Mastery Order Channel.
Challenge yourself with some ideas about manhood, explore your masculine potential to the maximum and become the kind of man you would respect.
We can only better ourselves together, as men among men, so I invite you to use what I share and, of course, share your own thoughts so that others can benefit from them as well.
All the best to you!
You're such an inspiration, Mark!!! I'm so greatly appreciative of you taking your time to make these videos, and thank you for doing so!
A real GURU on the internet
Thank you for being rooted in your approach, really good advice for young people
I've liked my time working WITH startups and small businesses, I think that will lead to success down the road
Just what I need to hear right now. Im so stuck in this lazy mindset, I have lost touch of what everyone tells me I SHOULD be doing!
Mark, your advice is great. But when I hear "quiet quitting," I think it means people sticking to their contract terms and not going too far above and beyond, taking care of themselves.
I would love a video on your experience as a carpenter and how learning from that job, helped you to get to where you’re at now. I’m in the trades too and want to create a business
"The way you do the small things..." Absolutely! We're big on punctuality. If someone can't get the basics sorted, their chances are low. If someone needs how to come up with a new business idea from scratch we'll send them a copy of our book.
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
Really helpful and useful info, thank you. UK business here, working hard to build further success.
Hi Mark, it'd be really interesting to hear more about how your friend achieved his "test sales", what was his marketing technique?
Many thanks.
lnvesting in the stock market has historically provided higher returns than other forms of investment with the average annual return for the S&P 500 index, being approximately 10% over the past 3 decades. I've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains.
That’s impressive, Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@@geraldt331BOTS
But you also need money to invest, and hope for the best, weary of others taking your money and running away !🤔😡👎
Here comes the bots 🤖
Follow your talents is something more people need to hear.
This is so true..
Iv been selling on Amazon since 2017
I worked full time and did it on side and failed many times with cash flow
Then once I had a winner with high roi
I left
Stupid idea..
Now I know I have to make 220k month to even leave my full time job and not worry ..
You can only pay your self a simple wage.
Or you pay alot in tax.
Bonus if you can get into a job in the same realm of business you’d like to pursue. You’re literally being paid to learn the business and get good at it.
Work to learn, ask why... find your loop-hole, stand out but be genuine. Sell what you don't have, to find what will sell. Feedback, constant improvement. 80/20. Value to many, scale it.
How to find what your natural talents are?
"Work to learn, not to earn". So true.
The point is, never go customer-facing. I mean there are these HUGE corporations that already have the resources to reach the customers, why not just work for them?
LOL Its taken me till 40 to realize what my talent is. Ive gone through several business that failed and I've learned from each one. Ive had some successes but now i have what i need to start my goal. I have a million dollars through the sale of some machines from my last business and i get to apply that money to my dream business. Im so excited to get started. And yea find what your good at. I know what I'm good at and I've collected ppl in key areas to build a team.
You make great content. Thank you.
It's hard to start a business especially in CA. With my luck I would have less sales than the fees I pay to just get started. Especially when you need to license commercial trucks etc.
Great tips mark. I work a regular job in a profession that I'm good at, and also run two side businesses.
Alpine what businesses?
@@ethanlee-c3d two different RUclips channels. This one that I'm commenting from is small and doesn't earn much, but has potential, the other is in the education niche, with about 200k subs, and generates a substantial income. My day job is in construction.
Hi, great job man, you really are a great example to lots of people out there. MT . Hope you subscribed.
This video alone is worth $1mil dollars. Thank you for sharing these tips. I’m very skeptical about all these get rich quick schemes.
This information is more realistic and down to earth.