Hi all, I post every now and then on here, but I lurk and read a lot of posts here as well as on reddit on financial Independence and retiring early etc.
on My 22nd Birthday which was on August 2016, I made an aim to have a net worth of 1 Million euros by the time I have my 27th Birthday in august 2021.
1 Million euros net worth is a huge amount for my country as the average wage is 15K / year. and minimum wage is 9K euro / year.
However living costs are very high and a 3 bedroom apartment property costs like 150-200K
What I tried up until now:
1) I tried an Instagram Journey - tried to get 500K followers between 5 accounts in 1 year and monetize to earn at least 800 euro monthly. got 180K followers in 1 year, and when I tried to monetize, I lost all kinds of engagement and now became dead content.
2) tried Youtube for a year, uploading 2 videos per day for a whole year straight, no days off. I made 140$ from it in total, and now got banned.
3) I tried a recruitment website which offers a cheaper and better service than the few available for my country. Couldn't get companies to switch websites, even when I made it completely free to try and gain some momentum.
4) Tried becoming a poker professional as I am quite good at it, and especially good in mental math problems and probabilities. I was getting a good 35% In the Money, but would drop below 1% final tables, which ended up still losing like 5k euros in couple weeks of playing 16 hrs a day.
5) I tried a recipe website, in which my aim was to split revenue with users who posted recipes. Users would get points per recipe etc and every month they get a certain amount of money based on views and engagement like Youtube but for recipes. - didn't get 1 signup :/
6) Last May we had snap elections due to corruption etc and in my country 95% of the population talks about politics and football. so I figured if i make tshirts with sarcasm about politics would generate some sales. I went on facebook, and advertised with around 500€. I was getting comments and people tagging each other and liking etc. Thousands of people saw the adverts. Not 1 SINGLE F*****G SALE!
Now I still live with my parents and basically everyone is telling me I am crazy for not quitting and go get a job, but to me, I'd rather die than work for someone else with a miserable wage, with a job that gives me no satisfaction and wasting 8hrs of work and 2 of transportation every day. f**k that!
I was thinking about couple more ideas to try locally without a lot of startup money as only like €4K left.
1) Drop shipping subscription boxes by using cratejoy and sending them as a gift at a higher price, because there is just 1 local subscription box company?
2) Invest like 1k eur in a Cryptocurrencies portfolio - just hoping on luck here though.
I would like to ask if you guys think this just being unlucky AF or am I doing something wrong? Are my ideas sh!t? Should I listen to everyone that is saying I am crazy for not quitting after 6 failures?
on My 22nd Birthday which was on August 2016, I made an aim to have a net worth of 1 Million euros by the time I have my 27th Birthday in august 2021.
1 Million euros net worth is a huge amount for my country as the average wage is 15K / year. and minimum wage is 9K euro / year.
However living costs are very high and a 3 bedroom apartment property costs like 150-200K
What I tried up until now:
1) I tried an Instagram Journey - tried to get 500K followers between 5 accounts in 1 year and monetize to earn at least 800 euro monthly. got 180K followers in 1 year, and when I tried to monetize, I lost all kinds of engagement and now became dead content.
2) tried Youtube for a year, uploading 2 videos per day for a whole year straight, no days off. I made 140$ from it in total, and now got banned.
3) I tried a recruitment website which offers a cheaper and better service than the few available for my country. Couldn't get companies to switch websites, even when I made it completely free to try and gain some momentum.
4) Tried becoming a poker professional as I am quite good at it, and especially good in mental math problems and probabilities. I was getting a good 35% In the Money, but would drop below 1% final tables, which ended up still losing like 5k euros in couple weeks of playing 16 hrs a day.
5) I tried a recipe website, in which my aim was to split revenue with users who posted recipes. Users would get points per recipe etc and every month they get a certain amount of money based on views and engagement like Youtube but for recipes. - didn't get 1 signup :/
6) Last May we had snap elections due to corruption etc and in my country 95% of the population talks about politics and football. so I figured if i make tshirts with sarcasm about politics would generate some sales. I went on facebook, and advertised with around 500€. I was getting comments and people tagging each other and liking etc. Thousands of people saw the adverts. Not 1 SINGLE F*****G SALE!
Now I still live with my parents and basically everyone is telling me I am crazy for not quitting and go get a job, but to me, I'd rather die than work for someone else with a miserable wage, with a job that gives me no satisfaction and wasting 8hrs of work and 2 of transportation every day. f**k that!
I was thinking about couple more ideas to try locally without a lot of startup money as only like €4K left.
1) Drop shipping subscription boxes by using cratejoy and sending them as a gift at a higher price, because there is just 1 local subscription box company?
2) Invest like 1k eur in a Cryptocurrencies portfolio - just hoping on luck here though.
I would like to ask if you guys think this just being unlucky AF or am I doing something wrong? Are my ideas sh!t? Should I listen to everyone that is saying I am crazy for not quitting after 6 failures?