How to Make $1,000,000 After You Graduate (5 steps)

TL;DR

The speaker argues that making a million dollars in your 20s is possible by following five steps: have the courage to start now, persist through failure (expect to try ~10 times), build a skill stack of building, selling, and getting lucky, move to a city with relevant density, and be impatient with action but patient with results.

Key insights

• Most “get rich quick” advice is from people who never got rich themselves; the speaker claims he went from “clueless” to owning companies doing ~$100M in revenue over ~15 years and believes he could h
• Rule number one: never take directions from someone who hasn’t been to that destination; the speaker brags credentials — started over 10 companies, 3 sold, invested in 100+, current portfolio ~$100M r
• The “salary monster” (Nassim Taleb’s third great addiction: heroin, carbohydrates, a monthly salary) traps most people; taking a safe job is actually dangerous to your dream because it conditions you