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

WhiteHatWorlds said:

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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HenryHavoc said:

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.

Click to expand...

HenryHavoc said:

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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CenTex Hosting said:

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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HenryHavoc said:

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.

Click to expand...

opiosko said:

Congratulations, mate. Upgrade to a Jr VIP.

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