Get Rich in Your 20's: DON'T Start a Business ... YET!

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  • เผยแพร่เมื่อ 17 พ.ย. 2024

ความคิดเห็น • 87

  • @TheBestWill
    @TheBestWill  ปีที่แล้ว +10

    The BEST way to prepare for starting a business is to GET EDUCATED on the business topics and skills you must know as an entrepreneur. Check out Skillshare for a wide selection of online classes taught by experts. skillshare.eqcm.net/nLNYoX

    • @ys1197
      @ys1197 ปีที่แล้ว +1

      Yo, if that is an affiliate link you should inform it. I don't want you to break TH-cam guidelines 💕

    • @AMPProf
      @AMPProf 11 หลายเดือนก่อน

      Ohh yah like the old say "Go work at The corner store first"

  • @SIARSEDIG
    @SIARSEDIG ปีที่แล้ว +78

    In a world filled with fake people, it's nice to see a knowledgable guy with moral and ethics.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +10

      Thanks, much appreciated!

  • @beyond1994
    @beyond1994 ปีที่แล้ว +23

    I just took Business Administration courses this year, and I have come to the conclusion that anything that is being taught there can be learned online. Discipline is definitely vital in self-learning, and if one has that, I would say there is no need to take an expensive course.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +6

      Totally agree. Thanks!

  • @barbellsjoysticks9802
    @barbellsjoysticks9802 ปีที่แล้ว +9

    I got conned in to starting a business I had no idea about and didn’t have the finances for. It was during Covid when I wanted to learn about real estate investing and the slick snake oil salesman made everyone think you can start a real estate wholesaling company without using your own money. I ended up failing in that business and wasted a lot of money in the process. I really wish I had this video then. I love this advice.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +1

      Ouch, sorry to hear about that experience! Thanks very much for your compliment on the video.

    • @TaxingIsThieving
      @TaxingIsThieving 10 หลายเดือนก่อน

      Lol sounds like my boss promising the world.

  • @KP-sg9fm
    @KP-sg9fm ปีที่แล้ว +29

    I really like your videos because they seem actually honest which is rare in most of the content these days because everybody is trying to optimize for the algorithm. I hope you can continue to do that but I definitely understand if it impacts your viewership fingers crossed!
    Best,
    KP

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +1

      Glad you like them! Thanks!

  • @TaxingIsThieving
    @TaxingIsThieving 10 หลายเดือนก่อน +1

    3:05 accounting
    4:40
    5:40

  • @Ken-ul6ll
    @Ken-ul6ll ปีที่แล้ว +9

    Please make more videos about skill stacking as a future business owner. I am 31 years old now, and I suffered earlier in my career because I was impatient and felt like I wanted everything right away. I beat myself up for not starting that sexy new startup while I didn’t have any actual skills or experiences to leverage. Now, I’m in a role that allows me to learn the nuts and bolts of finance/accounting because I have an actual outlet for my passive knowledge. In the long-run, I am putting myself in a position to do something interesting (build a business).
    I feel like taking your time to learn on the job is the right approach for most people wanting to be future entrepreneurs and I try to remind myself of this frequently. The only thing I’d add is “planned serendipity” to increase your luck.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +3

      Thanks, Ken! I'll give it some thought.

  • @maminoo50
    @maminoo50 7 หลายเดือนก่อน +4

    This channel is so underrated!!
    We need more people like you sir

    • @TheBestWill
      @TheBestWill  7 หลายเดือนก่อน +1

      Thank you!

  • @ColdWarVeteran-r2j
    @ColdWarVeteran-r2j 2 หลายเดือนก่อน

    I am in my 50s, been an executive for 20 years and was laid off 9 months ago.
    Now I am working on reinventing myself. This is a really tough job market.
    Really appreciate your content.
    Thank you!

    • @TheBestWill
      @TheBestWill  2 หลายเดือนก่อน

      Thank you, and best of luck!

  • @DrE2555
    @DrE2555 ปีที่แล้ว +9

    Dude I never hit the like button, but you ask so nicely.

  • @NinjaRunningWild
    @NinjaRunningWild ปีที่แล้ว +11

    Humor doesn’t hurt anything but please don’t become a joke channel. I greatly appreciate how pragmatic, to-the-point, & no-bs your videos are. Kudos for that!

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +4

      No concerns about that! Will stay to the point.

  • @一点一滴学英文
    @一点一滴学英文 11 หลายเดือนก่อน +4

    I found your videos yesterday and subscribed immediately. I like you talk about topic straightforward and honestly. Thank you

  • @cargon28
    @cargon28 ปีที่แล้ว +4

    It's amazing to watch that all the job I've done trying to sell and oratory, was a good investment on my 20. Now I'm 30 looking to do something related to Data Science as freelancer.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +1

      Good luck to you, sounds like you're learning the right things.

  • @g-win6952
    @g-win6952 ปีที่แล้ว +7

    This video is pure gold. I wish I can like it more than once. Exactly what I needed.

  • @bethm3152
    @bethm3152 11 หลายเดือนก่อน +2

    Thank you for this. So much good information

  • @me0101001000
    @me0101001000 ปีที่แล้ว +4

    I studied engineering and business in undergrad, currently doing doctoral studies in chemistry. Told myself I'd go startup if I can find a lucrative solution to a problem during my PhD.
    For business tools and classes, I recommend Professor Aswath Damodaran. He's a professor at NYU's Stern School of Business. He puts all of his lectures on TH-cam.

    • @Fuckeverybodyish
      @Fuckeverybodyish ปีที่แล้ว +1

      Thanks for the tip! Will look into it.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +1

      Agree, he's one of the leaders. He's particularly well known for his work on valuing businesses.

  • @terryo5672
    @terryo5672 ปีที่แล้ว

    I started a business in my 50’s. Up until then i got all necessary qualifications and experienced the corporate world. You have to learn from established business before doing it alone. In my 50’s I then had experience, a strong network and deep understanding of the market. Up until I didn’t know where the gaps in the market where.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +2

      Totally agree. The problem I see a lot of is people thinking they need to start a business now or they'll miss out. That's rarely the case, except when there is a new innovation to capitalize on. And even then, MOST new businesses will still fail.... even more likely if the founders don't have a solid business background.

  • @NicoleGDesign91
    @NicoleGDesign91 ปีที่แล้ว +3

    I enjoy your videos, great info and the sprinkling of humour keeps it real. 😊

  • @ramitasdegardenia.9495
    @ramitasdegardenia.9495 4 หลายเดือนก่อน

    I love this man, his videos are of so much value!

  • @Bob-The-Guy
    @Bob-The-Guy ปีที่แล้ว +2

    SCORE is a great resource.

  • @akilletaylor6628
    @akilletaylor6628 11 หลายเดือนก่อน

    Hey Mr. Lee, I've grown quite interested in your content; however, I would like to do more research into your background. Are there any areas that I can acquire more information on your track record from independent sources?

  • @FlatLeeo
    @FlatLeeo ปีที่แล้ว +1

    Great content man, I'm glad I found you!

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +1

      I appreciate that! Thanks!

  • @Atulwebdesigner
    @Atulwebdesigner ปีที่แล้ว

    Awesome value packed, Video, William. Great insights.

  • @WC1Master
    @WC1Master ปีที่แล้ว

    Love the information. You seem like a real and genuine person. Much appreciated.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว

      I appreciate that! Thank you

  • @calebbeheaton
    @calebbeheaton ปีที่แล้ว +2

    Hey Will, I’m 18 years old and am starting college in the fall with a major in business. I’m still trying to decide between a marketing concentration or finance concentration, and was wondering if you had any advice on which would be more useful for future entrepreneurship.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +1

      Probably Marketing, for a bunch of reasons. You could always major in one and minor in the other, or if you're bold do a double major!

    • @calebbeheaton
      @calebbeheaton ปีที่แล้ว

      @@TheBestWill thanks!

  • @mikieemiike3979
    @mikieemiike3979 6 หลายเดือนก่อน

    I started a shirt printing business and it was rolling, but i lost my passion quickly. Then i started a junk hauling business. It was going well, but my truck to a hit and Angi was ruthless. If i answered the call i had to take it. There i was picking up dog poop an hour away because i took the call.

  • @farazmubeen2739
    @farazmubeen2739 11 หลายเดือนก่อน

    How to start a business in software industry..plz be specific

  • @tygulick
    @tygulick ปีที่แล้ว

    Yup. Awesome. Funny is good!

  • @Rezirex
    @Rezirex หลายเดือนก่อน

    For someone selling a $300 course on youtube growth, I sure would expect this video to have more than 17k views after a year.

  • @mermaidman7069
    @mermaidman7069 ปีที่แล้ว +2

    Well I wasted my 20s doing stupid stuff. I wished I would have come across this video when I was younger.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +1

      It can be heard to be patient and focus on learning and growing skills when we're young because we so often want to get going NOW rather than hold off a little longer.

  • @carteor
    @carteor ปีที่แล้ว

    Thank you for the video

  • @sadboibliss
    @sadboibliss 11 หลายเดือนก่อน

    thanks

  • @quantumsodapop
    @quantumsodapop ปีที่แล้ว

    How do you think a vacuum selling business would do

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +5

      Depends on where you live. In the U.S., vacuums are easy to buy in stores and on Amazon, so probably not great here. Vacuum repair might do okay.

  • @DMVJoe
    @DMVJoe 5 หลายเดือนก่อน

    love the channel. keep the beard.

  • @Harvert0
    @Harvert0 ปีที่แล้ว +1

    That's exactly what i need, GREAT Video from you sir , i really appreciate the knowledge.

  • @HeathenwoodOfficial
    @HeathenwoodOfficial ปีที่แล้ว +1

    Are you having a good day?

  • @gmorb666
    @gmorb666 ปีที่แล้ว +1

    Dude really said "get rich in your 20s" i started a business when i was 26 and only now ive realized my business is shit and I may quit or see if i can fix it in the next 2 years. Im 32 now lol so much wasted time. 😂

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +3

      I'm sorry it didn't work out, but I hope you learned a lot and it will serve you well in the next thing you do!

  • @willridgway2513
    @willridgway2513 ปีที่แล้ว +1

    I'll even comment bc you got a cool name

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +1

      Hey, so do you! Thanks!

  • @kanenicholas11
    @kanenicholas11 ปีที่แล้ว +14

    Pls keep doing the breakdancing mid video

  • @VioletomojanOkokor
    @VioletomojanOkokor 2 หลายเดือนก่อน

    This vidoe is gteat. I kearned a lot already.

  • @ExposingFakeGurus
    @ExposingFakeGurus ปีที่แล้ว +3

    So What about people over 30, are we doomed 😂😂😂?

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +3

      Funny, I thought about that! I think people over 30, generally speaking, have had a chance to learn more already and are probably less impulsive, so it made sense to me to give this advice to the younger crowd.

  • @OlovMetal
    @OlovMetal ปีที่แล้ว

    AI is forcing people into this direction. Everyone will be a business.

  • @peterwlodarczyk3987
    @peterwlodarczyk3987 9 หลายเดือนก่อน

    I’m 12 and I own several digital media companies, a gas station chain in New Mexico, and a Chilean cricket team. I bought my first bank when I was 8. I came to your channel looking for good Etsy side hustle ideas to supplement my income a little bit while I’m out prospecting oil fields but I don’t think I’ll be coming back after this ageist tirade.

  • @Keshly16
    @Keshly16 ปีที่แล้ว +1

    Man, i wish mark zuckerberg took your advice when he was younger, he'd be so rich by now. Dont start a business before stufying the market your going into- agreed. If there is buzz around a certain industry, your sittingon limited time bfore a bust happens. Starting a business is allot about time. Its clear what the older generation wants (unmotivated and mediocre) people want is for me to becme dependent on a paycheck from a company that can fire me any second. Pets put it this way, if you have to try to convince someone to not start a business out of fear of it becoming a sucess, your already in a losing battle. Thus, im not even mad at you, its actually somewhat kinda sad.

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว +3

      How many Mark Zuckerbergs are there in the world? 1. Your argument is like saying that a solid investment plan is to buy a lottery ticket. The only problem with that plan is that only 1 person wins the lottery and everyone else ends off poorer for trying. A far better plan is to actually learn about how business works before trying to start a business. I'm not even mad at you. But it's kinda sad you think you might be the next Zuckerberg and the world needs you now. Good luck with that.

  • @lutherwelch
    @lutherwelch ปีที่แล้ว

    🎶 *Promo sm*

  • @BloodyBen101
    @BloodyBen101 ปีที่แล้ว +1

    Just saying if you got hair implants for 3k, contacts and a fashion makeover I bet you'd be a 10/10 stud. Already have the confidence and presence. Honestly the look doesn't seem to match the energy. Would be cool to see the makeover!

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว

      Awesome, I'll start saving up!

    • @BloodyBen101
      @BloodyBen101 ปีที่แล้ว

      @@TheBestWill hahaha. I bet the whole makeover is 6k you've got it. My friend got it done in turkey, he looks 10 years younger.

    • @allanmoorhead2283
      @allanmoorhead2283 4 หลายเดือนก่อน

      @@BloodyBen101 You might have come to the wrong channel.

  • @naperthrilldotcom
    @naperthrilldotcom ปีที่แล้ว

    Haha you’re rethinking the Like Interlude

    • @TheBestWill
      @TheBestWill  ปีที่แล้ว

      Not really, just curious what people thought!