My plan to make 20 million dollars

Trenton420

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I am currently 18 when I graduate or here soon I will get a job. and since I live with my foster parents I have no bills at all so I can save virtually all my income. so ill get 2 jobs one in sales because you can make a lot in sales but right now I'm waiting for the vaccine

my other job will be in another sales job or sales representative, so one part-time and one full time. Then I will save all my money for a whole
year then once I have a lot of money saved I will only use that money to make more money
I will also have a budget in place. Most of the money will go towards side hustles and cheap valuable courses

so by the time I'm 20 or 21 I will have 100,000 dollars or 50,000 which I will use on side hustles, If I fail I gain experience which is valuable as well during this time I will keep one of my high paying sales job and hopefully get so good I make a lot because sells can be commission only and if you are good at sales you can make a lot. Im also an inventor or at least a wannabe inventor and will get all my invention ideas a provisional patent which cost about 200$ each that I can learn to do myself then during that time I can license each one. License your idea means to let other companies use your idea and you get a commission of each sale. i will so this with my okay ideas and do the bangers myself when Im a multi-millionaire

I will also make money the way I want to make money because its more enjoyable because I think I have a passion for inventing things
so the inventions will be one income source with the jobs. then along with that I will try side hustles. some I was considering doing were flipping expensive watches, selling on ebay Print on demand, I'm just going to do the shotgun method which means to try a lot of things and the ones I enjoy the most I double down on.

Thanks For Reading does this sound like a good plan? If I a play my cards right I should have 20 million by the time I'm 23,24.25,26,27,28,29,30
or somewhere in that area then once I'm there I'm going to go meditate for 5 years and pursue enlightenment and God and interact with gurus or enlightened yogis, then Im going to give most of my wealth away if not all of it. I may put a system in place where my wealth continues to grow and I give a portion to people in need while still growing it so I can help more so why give away a doller when I can make a million dollars and give away 10,000 dollars or a 100,000?
 
i do remember something like :
father asking his son : son you need to study:
son : but why father?
father : to have good mark in school.
son : why father?
father : to have a good job.
son : but why father!
father ; to earn well son?
son : but why father ?
father : to enjoy life.
son : that what im doing father. (enjoying life). ...
my advice to you is work smart not hard.and GL
 
It is a pretty good plan but you didn't take into consideration other problems which can appear on all the road. Maybe you will find a girl, or you will create your company or other problems. Think about it. It should be a part of your plan, the solutions for problems that can appear.

Beside it, I wish you all the best. Be strong because it will be a hard journey.
 
Good luck , you're young , you're ambitious , peoples who made those amounts are not better than you
It will not be easy sure , and you will need a lot of effort and luck
Anyway wish you the best
 
Is always good to have good plans.. Following the plan is the beginning of your success.. Many people have great plan but are stuck along the way due to laziness, putting the blames on light, can't do without sleeping etc..but bro success in life involved a lot of sacrifice... I pray your plan come through... Ride on frd...
 
Not enough details )
I like that you are thinking about your finances and spendings. I wasn't in you age and regret about it.

But this plan will not work. Not only because you are too idealistic and romantic. That's actually is good, if you can handle puches in you face from live. But because a real plan for a such long period should be divided into intermediate goals, and then specific tasks for the year, quarter, month.

Also some notes:

- Invest as earlier as you can. Even if you will not have 200 k on you bank account. Because the money on your account is getting cheaper every day. Secondly, because it is better to gain experience by risking 10 k, not 200.
- If you job don't give you any experience or knowledge. That's waste of time.
 
Wish you a luck buddy, in 18 years you have good plan.
 
It remembers me of my 1000th plan of becoming a billionaire or my 2521th plan of having 10billions+ .. or even my 4238th plan of having hundreds of millions of $s ...ohh..the good ol' times.. :D

Getting back to the thread , it's better to bea realist instead of an idealist. As a simple advice to help you gain money faster(obviously not 20m$) , work, but more importantly : START .. because Starting is the most important thing you can do..
+Make yourself a REAL plan,based on hours worked,and hours you'll distribute to each activity... Hours(thus,time) is a 'currency' you have and control .. While those '200k' (in $ currency)..from the future...you don't have and you don't control.
 
Don't wait with your side hustles till your 20.

Start now, there's plenty of ways to start that don't require any capital (e.g. print on demand, merch by Amazon)

Don't bother with saving money to buy courses either, most courses can be found for free on the internet if you do some digging.

I advise you don't take on two jobs either, but rather take on one, and instead of getting that part-time job; use that time on your side hustles.

Good luck, I wish I had discovered this forum when I was your age.
 
The first harsh wind will blow your plans away. Plan, but be extremely pessimistic about your plans. The way is extremely long and hard.
 
you lost me at the vaccine part.. all the best though
 
I'm 18 also and this age can be filled with a lot of thoughts and ideas but we need to take action or it all just start and end as dreams
 
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