7 Habits of a Self-Made Multi-Millionaire by Age 21

ladies and gentlemen if i could watch a video seven years ago on what it takes to be a

multi-millionaire this video would be it now there's a lot of fluff out there on the internet but

here is my honest advice on what's helped me get the 10 million dollars to my name

by the age of 21. and by the way that's not net worth that's liquid between my investments and my cash

reserves now over the last seven years i have been immersed in the world of

self-development and over the last five years of running my business i've tried absolutely everything under

the sun and today i'm gonna share the most powerful seven habits with you and i think

there's gonna be quite a few in here that are gonna shock you now the first habit that made me a multi-millionaire

by the age of 21 is reading and i know this sounds super cliche trust me we're about to get

on to some ones that will shock you but honestly if there's one thing that i can credit to my

success it's the fact that from the year of 2014 to 2017

i read a book every single week knowledge because ladies and gentlemen in my opinion there is no

medium that's as powerful on earth as books and by the way i don't care who you are you should be reading and i

don't care what medium you read and you know there's some people who prefer

audiobooks these days for me personally it goes in through one ear and straight out to the other and i

don't care where you get your books from i remember back in 2016 i would also used to vlog sundays when i would go to

brixton book mongers in london which was my favorite book store because rather than buying

something at waterstones for 15 pounds i could get something used that barely didn't even look like it was used

for two three pounds at bricks and bookmongers and if you can't even afford to spend

two three pounds on a book just borrow one from a friend or go to the library because one of the most powerful things

i actually found about reading at that time you know when you haven't i guess in the material world you haven't

accrued an insane amount of success or because one of the most powerful things about

reading at that time or at that stage of my self-development was the fact that i had what's known as zen beginner's mind

you know for me everything was new and i didn't have any ego attached to executing on the stuff that i was

learning about right a book would tell me hey meditate so i started meditating a book would tell me

hey start journaling so i started doing that a book would tell me you know to do

these self-development tricks and i would just execute you know without really thinking

whereas unfortunately one of the things that i think still gets in my way to this day

when it comes to reading is my ego right because i'll read a book and i'm more selective about what i choose which i

guess is a good thing as well because you know i pick out the bits that i resonate with and i think would

slot well into my life whereas back then when i first started reading for me it was just like okay book says

do this so just execute almost like uh blindfully execute and and look if you pick the

right books that strategy can be extremely powerful so that is habit number one i don't care

how you read but when you are first getting started on your business your entrepreneurial or

maybe even just your career path you have to read books to me that's a non-negotiable now there might be times

later down line this year an example of it you know where you don't really read

that much because you know exactly what you need to do you know exactly what you need to execute on

and you're in a phase of your life where it's more about doing rather than learning

now the second habit that i want to talk about was getting into routine of acquiring a high income skill now my

first ever business was flipping instagram accounts and through this process i learned not only

social media growth but also copywriting so i'm actually gonna get tristan put up on the screen there's an account called

focus the norm like fc uk because obviously i couldn't use that actual word uh and if you look

back right from the beginning all the way to i'd say probably

20 posts uh before they kind of stopped posting that was me like i wrote that that was my account

back in 2014 and that account the way that i got into flipping instagram accounts with someone messaged

me offering to buy it and eventually i sold that account but that was only later downline and

through that world i got added into telegram groups and started this whole process of buying

flipping accounts selling promotions et cetera et cetera and it was very short-lived that

business only lasts around nine months but my point is through that business i learned

copywriting so if you guys ever wonder why i'm such a good copywriter as i said go look

at that account and go look at 2014 and that's a 14 year old e-man copyrangers and by the way that ties

into habit number one of reading books because i was reading books expanding my vocabulary you know and you know on

evernote i had my little lexicon library where i would write down new words that i was learning and then i

was learning a high income skill in terms of copywriting social media growth and as i said after that business

finished i actually ended up learning videography in 2016 and that's how i got my first

social media marketing client and that was back in 2016 and for the next 18 months

my agency was exclusively a creative agency you know these days for the past three years we're an advertising agency

we made the pivot in early 2018 but really what i'm trying to get at here is hopefully you can see how those

three skills copyright social media growth and then also uh creative stuff right so learning photo

and video those three high income skills came together to form my creative agency and

that's how i was a 17 year old pulling in 25 000 months from my agency it was me

marrying those three skills up and really all i can say to you is is even if you don't know how a high income

skill will help you in the future just learn it regardless you know one thing i wish i had learned was

coding you know if i could go back that's one high income skill that i would learn because as i said when i was

a 14 year old running that instagram account and really for me that was just

cathartic right because i never really fit in in school so that was a way for me to almost have like a

diary for myself and connect with people who i resonated with even though you know i said like

i wasn't public or anything like it was all under that account so as i said at that time i never could have thought

that that would aid me seven years later running an advertising agency like

you know you never really know these things which is why if you're just getting started with your career your

business whatever it may be learn these high income skills because i guarantee they're going to be useful

later down the line now speaking of high income skills i just want to go ahead and remind you that down below there's

actually a link to my free facebook group now bear in mind we are extremely selective of who we let into

this group so it's only for existing agency owners but if you're an agency owner and you want to speak with

me once a week i go live every thursday and in fact last thursday my cmo danny

went live because i've been very busy with work recently another thing that we did was actually got one of my

performance marketers luis at my agency to type up a six-page report on what we're doing at our agency

to combat the ios updates and we just gave that away entirely for free within the facebook group so just a

heads up that link is in the description if you want to hone in your high income skills

and really sharpen the saw as an agency owner now the third habit that made me a multi-millionaire by 21

is building an abundance mindset because the thing is most people haven't prepared their vessel as in yourself

for the blessings that are going to come their way or could come their way because here's the issue you may have

your foot on the gas but you also have your foot on the brake at the same time you are

your biggest enemy in the and the issue is that most of the time this isn't even conscious to you and this is really

where going back to habit number one the books help a lot because you know if you look

in movies uh you know wealthy people are made out to be evil you know uh

wealthy people look like they've stepped on other people's heads to get to where they need to be

and you know sometimes this is the case right also the other thing i find is it depends industry to industry but for the

most part right and i've also find that sometimes this can be the case with old money you

know where it's passed down money like they haven't earned it themselves but honestly pretty much everyone i've

met who has made their own money right who is self-made they understand that money is simply a transfer

of value right that's that's what money is so if you're an entrepreneur if you're a business owner you've developed

a product or service and the thing is in order to build a successful business you have to provide value to the market

so that's just a little side tangent really just to say that most of the condition that you're given maybe even

in college or school or by your friends is that you know rich people are evil or

you know they have to uh sacrifice their ethics to get there that's not the case i

i found personally with self-made entrepreneurs and that might be something that's looping

in your mind and holding you back but it's unconscious have you ever noticed how some people

work so so hard yet they don't seem to get results and there's some people who it almost looks as if it's effortless

for them it's because the people that work hard and don't yield results usually it's simply down to the fact

that they haven't done the internal work they don't believe that they're worthy of wealth and a lot of times they don't

believe that there's an abundance of wealth out there and ladies and gents this isn't some raw

motivational stuff it really comes down to you attract what you are and and if you haven't already i implore you

to look into quantum physics and you know i'm not talking about like some uh the book the secret you know just

very shallow surface level stuff try to challenge yourself and read books

like reality trans surfing which can be quite a quite a heavy hitter i read that book when i was 15 and it was

life-changing speaking of life changing the next habit is meditating every single day

i honestly believe that half of building wealth is maintaining emotional homeostasis

right that you can maintain and manage your emotions through thick and thin and you know even if you look at the

cryptocurrency market or the stock market really all it is to me is a transfer of

emotion right one person makes money the other person loses money

and all it is is who can have the best long-term view of the market obviously number one but number two who can

control their emotions the best simple as and meditation is simply observing your thoughts when you

meditate you also start to realize why you do certain things and you start to understand that your thoughts are not

you right so i said when you meditate you'll start to realize like

things that you eat why do you eat them what's the trigger for it you start to realize that habits that you have

why are those habits right you start to understand uh even in terms of like your spending habits

right you'll start to realize that you do things or say things or act in certain ways right and it's not

conscious it's unconscious and you start to realize what are the triggers that are causing that

and what's the deeper reason behind why you do what you do and and by the way as i said i'm not talking

about some motivational jargon i'm literally talking about like what is the trigger let's say when you

have a good month in your business and you find a way to spend all of it like why do you do that by the way guys

we all have things to work on substance conscious not conscious and meditating for seven years has really

helped me hone that in so quite simply if you want to have a wealthy life you need to be in control of your motion

and your thoughts meditation is key the fifth habit is stacking high value skills now notice there's a

difference between high value and high income skills a high income skill is things like i

talked about you know copywriting sales um uh learning uh content creation um things that i talked about before

programming these are all high income skills these are things that you can get compensated for

as a service provider or as an entrepreneur even in your career very generously for but the thing is

about those they're quite easy to quantify and they're quite visceral right when i say high value skills i'm

talking about something that's still so important but you don't necessarily get paid

directly for it let me give you an example for me over the years and really i can

credit in terms of business i can credit probably around 70 of my success honestly to my team and i'm not saying

that because it's a nice thing to do like genuinely like as long you guys know i have multiple

businesses and i don't recommend that for everyone and if i didn't have the senior people

by my side so for example at my agency that's danny my cmo and my education company that's kieran

and my software company which i've been working on for a long time and you guys will find out about that soon

enough i'm sure that's the only business where i have a business partner i could not manage like if i didn't have

these people in place i would have to choose just one there's no human on earth

that can manage that much complexity without having someone in a senior position who can run a lot

of the company in the day-to-day operations for them so that's an example right there of a high value skill

i'm incredibly incredibly good at going out there finding convincing attracting talent and

then also keeping them with me for years and years and years because of the mission and my companies because of

the compensation because of the performance bonuses a whole myriad of different reasons but that is a

high value skill it's not something that i necessarily get paid for directly but it's probably

been the biggest reason for my success in my businesses honestly i can give you another example of a high value skill

and that is accounting and managing cash flow as i said that's not something you get paid for

or compensate for directly but between my businesses if i couldn't manage cash flow if i couldn't

do my own accounting even though i have a very expensive bookkeeper and accountant if i couldn't read my own p

l if i couldn't understand my cash flow if i could understand for some of my businesses

what our run rate is as i said my agency is my cashflow business the thing that pays for my lifestyle

and also lets me put a lot of money into my investment portfolio but my other businesses have literally

millions of r d costs associated to them and i don't see that flip over

in revenue for years so i need to understand things like what is my run rate with these businesses

how long can i pour money into research and development before we can start recouping some of that money that's a

concept that i need to understand very very well and my e-commerce brand gadget like

when i order a new stock for our eyewear the gadget g1 the blue light blockers it takes three months just to restock if

i want to develop a new model and then stock it it takes five months so cash flow is extremely important in a

business like that but as i said you need to focus on these high value skills after you build the high

income skills the high income skills come first because you need to get paid you need to bring revenue and you need

to make money and then later you build up a habit of collecting all of these high value

skills that are going to serve you more long term the next habit that i want to talk about

is focus on character rather than income over the last five years i've always

thought who do i need to become in order to make the sort of money that i want to make

not what uh tactic or trick or this or that do i need to uh do i need to implement

to help my business grow because that stuff all comes naturally like that stuff will come to you when you focus on

the character and let me give you an example right here of how i definitely shot myself in

the foot over the last five years and i think this has a lot to do with obviously my age you know

making a lot of money very early on especially after you drop out of high school especially after like what i went

through in high school especially with the amount of people berating me like making fun like high

school was not exactly middle school in high school was definitely not a fun place for me to be

so between that and dropping on my high school for sure i had a chip on my shoulder and once

again this is where the meditation ties in i think if i had less of an ego over the

past five years and i think really i think really it's only been like probably the last year maybe a year and

a half where i've really dialed in my ego and i've really been able to make good

long-term choices and really remove my ego from a lot of decisions i'm making and i

know some people might look at my youtube or instagram and be like oh you're very egotistical you share this

and guys that's that's me sharing i also shared when i was 15 years old and broke

and and and going to the gym and filming me in the gym and talking about my workout routine and then meditation

and in 2016 my goal to make 15 000 pounds that year and how i was so far off but i was visualizing and like

go back to 2016 you can watch my videos like that was me authentically sharing and then i feel as though

probably between like 2017 to like early 2020 a lot of that was just yes sharing but a lot of it was ego

based as well and the thing is when you make decisions based on ego and honestly i

think that held me back for so long until probably the last year year and a half ago and the reason i say this is

because i want to make it clear that you might have like you you may think that to get from where you are to the

next point of your business you have to do you know there's some trick or tactic or this or that

or strategy that you need to implement in your business a lot of times it's a character treat that you need to develop

and i know for example for me to go from 10 million to 25 million to my name after tax and that's my next target to

do that by 25 i know some things are really important for me is punctuality i'm a person who's

notoriously late uh takes weeks and weeks to respond unless it's slack and it's my team or my

clients and i know for me to go to where i am right now to where i need to get to i'm really gonna have to work on my

punctuality because at the day yes i'm busy i'm extremely busy but that's not that's no excuse

when you're not punctual you're breaking a promise to yourself as well as the other person that you're holding up when

you're not punctual you at the end of the day you're breaking a promise to yourself another

thing that i'm gonna have to work on and i've talked about this slightly already is humility as much as especially i feel

the last year i've done a lot of work on that there's still a hell of a lot of a way

to go and i know as i said that comes with age as well and the last thing is gratitude i feel

that's something that i've really lost over the last two three years sometimes things can feel so stale

i become so numb to certain things but gratitude if i want to get to that next point in my life

that's something i'm going to need to work on so ladies and gentlemen you might be watching me right now and going

you know this person's a few steps ahead of where i am right now but you can see even in my position i'm

already looking the next goal and not thinking what tactical you know what tactic or

strategy or this or that doing because that's going to come naturally right that's how you usually find is the

easy bit when you work on your character and you work on yourself that's 80 equation

because then you're in a good place and i find that the star is just naturally in line and things

come to you and you're ready for it so always focus on who you need to become in order to reach your goals not on what

tactic or trick to use the last habit that helped me become a multi-millionaire by the age of 21 was

investing honestly i can't stress this enough to you get in the habit of investing as

soon as you can even if it's just 50 a month and by the way everyone i don't care what you say

everyone has 50 a month as long as you're an adult and you have income because ladies and gentlemen it

compounds in ways you couldn't even imagine now now i made a lot of mistakes along my

journey but the one thing that i did well was by the age of 21 having a few million to my name pretty

much after tax but really what took me from a few million at the age of 20 to a deca millionaire by the age of 21

was investing and honestly i think that if i start investing at 18 rather than 20

because of you know the nature of my cash flow business as well as the fact that my other businesses

even though i'm plowing so much money into r d and i will see that flip over in revenue one day

or very soon actually luckily those businesses are still self-sustaining so like they're at a break even or a

slight profit but as i said if i had to start investing because i have a good cash flow business at the age of 18

rather than 20 i think i'd probably have an extra i want to see maybe five

five to 20 million dollars to my name at the age of 21 which is nuts wow and guys to me honestly i think that

investing is the only true passive income out there honestly as as much as people want to state you know as

passive income this that yes it may be passive but you need to understand that um you know entropy will always kick in

and you know i've even seen it like you know people talk about affiliate marketing all the time is passive income

and there's and there's literally software's out there that pay me 15 grand a month

and i've seen in the space of year how it can go from 15 to eight you know to me i don't care but if it was my only

income losing half my income in the space of a year because i haven't talked about a

software that much recently like that would sting and to me that's not real passive income real passive income

is your investments and seeing that kind of very slowly grow and compound

year on year on year another really beautiful thing about investing is it keeps your lifestyle in check

because the thing is for me there was no real lifestyle difference when my agency went

from 30 grand a month to 100 grand a month right like it's almost and you get a stage where you're

almost like cool of course i can scale up this business more but like what does that

tangibly do for me and now that over the space over the space of last year i've gone heavy into investing

for me now i literally take depending on the month and the state of the businesses anywhere from

50 to 70 of my income and i put that into investments and to me that's exciting to see my part

grow and as i said for me personally you know the number that i feel as though at that point i'd be like i can

not only retire but retire and live a balder lifestyle and literally live and literally spend like

four times as much money as i spend now probably five or six times as much money as i spend now would be if my investment

portfolio got to 25 million by the age of 25 which is my next goal so for you if you

can start to plan out and by the way i remember i was 16 and i read money mass of the game and my my you

know my goal uh amount that i needed was actually two million dollars and that was the

amount that i needed not for like my most extravagant lifestyle but like uh my very good con i forget what tony

actually said in the book but for my very good comfortable lifestyle and i've done pretty much five times that amount

by the age of 21 right so for you maybe your amount is literally i just need to get to a

million dollars in my investment portfolio and there we go there's my life paid for

basically for the rest of my life through my investments and then anything i make for my businesses

then i live off of and that's kind of the cool bit of where i've gone to now yes i have my businesses and my

investment stuff i don't it's not like i keep the principal and then any of the additional income i make from

it i take out and i live off of no i just know how much my investment portfolio makes me monthly

and now that has actually become my budget and i've actually like really enjoyed

budgeting like that's it's been incredible because it also gives me way more gratitude in my life and it's

i don't know you just have more appreciation for things when you have like a budget

and you know you don't go to a restaurant you don't go to shop and your budget is infinite because you've gone

to a point where you make so much money that basically there's no there's not much

that's out of your reach financially but as much as i say all of this the main focus that you should have is to

get to ten thousand a month before you get to you know until you get to ten thousand a month

you shouldn't really be focusing on investing or thinking that investing is going to get you to where you want to

get to definitely get in the habit of just putting it you know a dollar cost

averaging just a small amount each month into you know any sort of asset class whatever it is that you want

but you have to build up your business first your business is going to make you rich but your investments will make you

wealthy long-term and also understand that it is far easier

to go from let's say 10k a month with your business to 30k a month in your business

than to have that same growth through your investment portfolio like that could take you a decade

right so also understand your business should always come first it's always the most important thing

and and you might get to stage where i am right now where honestly for me my investment portfolio is my most

important thing like it's my like i'd say for me it's definitely my biggest asset ladies and gentlemen those are

seven habits that made me a multi-millionaire by the age of 21. now down in the

description you'll be able to find the winner for the gadget giveaway for any of you

guys who are new here i give away one pair of blue light blockers which actually sell for over

i think converting from pounds are like 120 and i actually give those away entirely for free

every single video so you'll find the gadget giveaway winner down in the description and what i want

you to do is out of the seven habits which habit do you think is the most important comment down below and you'll

be automatically entered to win a pair of gadgey g1 blue light blockers and the winner will be announced as always

in the next video in the pinned comments and apart from that make sure you go ahead and join the free

facebook group gonna be going live again this week for free just kicking it for an hour and on that note

i hope you guys enjoyed i'll catch you in the next video look if you enjoyed that video i went ahead and picked out

another special video that i know you are going to find immensely valuable you can find it right there i know

you're going to love it and i'll see in the next one