I'm successful at 21 years old, now what?

Discussion in 'BlackHat Lounge' started by WhiteHatWorlds, Dec 23, 2017.

  1. WhiteHatWorlds

    WhiteHatWorlds Registered Member

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    Hello all,
    I was lucky enough to be a successful entrepreneur from home. I make consistently/stably $1500-$2500 a day (pretax) and I just recently turned 21 last month. All this money is passive as well so I have a lot of free time.

    I am on track to be a millionaire within 1-2 years. I haven't purchased anything large yet (besides business expenses), biggest purchase I made was 1 bitcoin at $9700/btc. I still live at home with my parents and I have no college degree, just high school and 50 credits from community college.

    Starting next year I'll be paying all the house bills as I don't want my parents working anymore. They are in early 40's.

    What do I do from here? I never expected to be this successful this early and was going to school for a Bio degree to get into medical school (which I won't be pursuing anymore).

    Thanks for any advice!
     
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  2. failcode

    failcode Newbie

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    Just tell us how u did it so we can follow your way to be successful.
     
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  3. VinceC

    VinceC Elite Member

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    Back to school life. You will never have the same experience when you joining later part of your life
     
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  4. Dodoft

    Dodoft Newbie

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    Now is the time for you to give chance to others to be successful too. you can start by giving work and donate money... Also make sure you dont go down frm your current platform
     
  5. CenTex Hosting

    CenTex Hosting Jr. VIP Jr. VIP

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    Let me be the first to say congrats. Whatever your doing now keep with it. Most don't find success that fast right off the bat. Look for things that interest you and start working with them a little to learn and then you could have another method making you money soon.


    Keep in mind what works today Might not work tomorrow. So always be learning.
     
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  6. HenryHavoc

    HenryHavoc Jr. VIP Jr. VIP

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    You want a real answer? I'll give it to you. Tldr: don't get complacent

    I'm 24 and I've been on these forums almost 10 years. Do the math. When I was 16 I made a viral facebook app that did 28k in 3 days with content lockers. For all I knew I was set for life so instead of expanding, I let it sit and die while others copied my original idea and got rich.

    Years down the road and an IV heroin addiction later, here I am with almost 4 years drug and alcohol free just relatively getting started again. This week I'm closing a deal on a site that will net me about 48k in profits. But to think where I could be today if I hadn't ever stopped doing what I was doing makes me sick.

    First of all get your fucking taxes figured out. Go to a real CPA in your area, spend good money on them, and find out what you need to set aside before the IRS does. Do that first.

    Next, use some of your profits on a bigger project. You got a lot of money to play with here, and you're young. Why not shoot for the moon? Make that big site you always wanted. Make something you're passionate about and set the end goal to 5 years from now.

    Last but not least go on Groupon right now and go buy yourself a vacation to somewhere cool. I did a 9 day all inclusive Costa Rica vacation for less than a grand and met some really cool people. Seriously go live. Go see the world. It'll change your perspective and give you new things to be inspired about.

    Being young with a lot of money is a double edged sword. Don't tell people about your money, rule number one. People will ask you for favors, small ones, but they will get bigger if you go down that road. You'll want to be nice and help people. Don't. Let people love you for you, not your money. I wish I had known that.

    There will be a lot of things out there that will seem tempting. Drugs. Hookers. Gambling. Stay away from all of it. Take my word on that one buddy, it's not worth it.

    Best of luck to you and congrats on your success.
     
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  7. Hammaa

    Hammaa Regular Member

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    Great ,Good luck OP. Please explain it some more
     
  8. BitterBuzzkill

    BitterBuzzkill Registered Member

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    I would say travel the world and give back, you;re in the odd situation where you are set and happy in life. Grow and experience new things. Or give me $5m, either or.
     
  9. emmasexytime

    emmasexytime BANNED BANNED

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    What are your passions?
     
  10. raregem009

    raregem009 Regular Member

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    Change is the only constant thing in this life and especially in IM. So change may happen to the way you are make 2k a day now. So I would say to you diversify your income stream online and also offline. Try other methods online and if you are successful with them scale them. Also try setting up an offline line business. Set new goals for your self $10k a day and if you meet it set a new one. You are still young so I would say get a degree as no knowledge is a waste. That's my advice good luck
     
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  11. Andrew Res

    Andrew Res Registered Member

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    My favorite quote from Connor is no matter how successful he may be he always shows up to the dojo a white belt.
    Stay humble and open to what the world has to offer.
     
  12. Vladamir

    Vladamir Power Member

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    Best reply to a question i have ever read on here
     
  13. Peter Ngo

    Peter Ngo Jr. VIP Jr. VIP

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    That is a very interesting story, hope you get back to where you were soon.
     
  14. shubhamc

    shubhamc Junior Member

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    Just invest on shares, don't give away the money! DOnate some to charity if you want but i will suggest for future investment first :D
    Mind sharing some ideas? :rolleyes:
     
  15. WhiteHatWorlds

    WhiteHatWorlds Registered Member

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    I am an affiliate marketer. I 100% agree with your last comment. In the beginning I had one main source/method of income and my biggest fear was losing that stream. I quickly expanded into several different campaigns. My profits come from 6 different sources now and i'm constantly learning and implementing on other ideas (currently working on day trading cryptocurrencies) while always checking up and maintaining on my main source, adwords/bing campaigns.
    Thanks so much for your comment

    Thanks for sharing your story, I love to learn from other people's mistakes. I just got back from vacation with my family that I went to this summer. I value family and friends above everything else. Appreciate you taking the time to give me that advice.
     
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    Last edited by a moderator: Dec 23, 2017
  16. Diegion

    Diegion Jr. VIP Jr. VIP

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    First Of All Like That U Put Up A Thread Like This :) All The Advice Coming From Experienced People Are Nice To Hear.
    I'm Still 20 , I Want To Make Money To Fulfill My Actual Passion Without Having Financial Issues.
    So My Advice Is Find A Good Occupation Like Being A Writer, Reviewer Anythin Which Makes You Happy To Do & Use Your Income To Fuel Or Act As A Safety Net In case Things Don't Go Well .
    Your Lucky Enough To Focus On Jobs Many People Dream Of So Find Something Work On It , Travel A LOT ! , See The World , Live Good , Don't Stop Just Cause Your Millionaire . If You Got More $ You Can Make A World A Better Place Atleast A Lil
    If You Wanna Help Others Invest Or Provide A Loan, Don't Give Your Method Away For Those Asking Unless & Until You Have Something Else Which Your 100% Sure To Make Stable Income.
     
  17. Veclare

    Veclare BANNED BANNED

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    what you need to do is start investing in your self by getting more education on how to invest, how to manage your money etc...
     
  18. krishnaverma

    krishnaverma Jr. VIP Jr. VIP

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    Now what ? That depends on a number of factors. I will ask you just one thing. Are you currently happy or find something missing ? If you are happy continue with what you are doing otherwise you have to look for alternatives. You are asking this question which means that still something is missing. In my opinion the only source of everlasting happiness is by helping others.
     
  19. opiosko

    opiosko Regular Member

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    Congratulations, mate. Upgrade to a Jr VIP.
     
  20. gimmeluthvi

    gimmeluthvi Junior Member

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    Aha! Take that Jr VIP, man!