I'm 31. If you're in your 20's watch this.

Summary

In this insightful video, the creator shares 31 pieces of advice for those in their late teens or 20s, emphasizing the importance of focusing on controllable aspects of life, the continuous journey of happiness, and the power of compounding in personal finance and skill development. The speaker also highlights the value of time, the necessity of self-reliance, and the significance of health, while advocating for a balanced approach to work and life that includes both consumption and creation. The video is sponsored by Skillshare, an online learning platform, and encourages viewers to invest in themselves and their future.

Takeaways

• 📈 Focus on what you can control and let go of things beyond your influence.
• 🌟 Happiness is a continuous journey, not a destination.
• 💰 Start investing early to take advantage of compounding interest.
• 🛠️ Learn a high-income skill to boost your earning potential.
• 🔗 Choose relationships that enhance your life and avoid those that drain you.
• ⏰ Value time above money, as it's the most precious resource you have.
• 👂 Be selective with advice, especially from those who haven't achieved what you aspire to.
• 💪 Work hard for what you want, as nothing valuable comes without effort.
• 🧘‍♂️ Don't take yourself too seriously; it protects you from the negativity of others.
• 🏋️‍♀️ Prioritize health in your 20s, as it sets a strong foundation for the future.
• 🦁 Work with intensity and then rest to maximize productivity.
• 🚫 Avoid material possessions owning you; use them to improve life.
• 🔑 Do scalable activities that can grow over time, like investing in yourself or your career.
• 🛑 Recognize that being busy isn't always productive; focus on what truly matters.
• 💡 Create more than you consume to add value to the world.
• 🏆 Embrace the idea that you're 'crazy' until you succeed; it's part of the journey.
• 🛌 You don't need a rigid morning routine to be successful; find what works for you.
• 🛠️ Work smart, not just hard, to achieve more with less effort.
• 👷‍♂️ Be willing to do the 'dirty work' that others aren't to stand out.
• 🎯 Self-discipline is more important than talent for achieving your goals.
• 🤝 Remember, no one owes you anything; take charge of your own success.

Q & A

What is the main theme of the video?

The main theme of the video is sharing 31 pieces of advice for people in their late teens or 20s, focusing on personal growth, financial wisdom, and life skills.

What book is mentioned in the video that emphasizes the power of small, daily improvements?

The book mentioned is 'Atomic Habits,' which highlights the idea of making tiny changes every day to achieve significant improvements over time.

What is the importance of focusing on controllable aspects of life according to the video?

Focusing on controllable aspects of life helps to manage time effectively and avoid frustration from trying to control things like other people's actions or the weather, which are beyond one's control.

How does the video define happiness?

The video defines happiness as a work in progress, something that needs to be continuously nurtured rather than an end goal achieved through a single event or achievement.

What is the video's stance on the concept of compounding, particularly in relation to investing?

The video encourages the idea of investing early and taking advantage of compounding, as it is a powerful tool for growing wealth over time, especially when started in one's late teens or early 20s.

What is the role of Skillshare in the video, and how does it relate to learning high-income skills?

Skillshare is an online learning community mentioned in the video as a resource for learning new skills or improving existing ones, which can lead to higher income opportunities.

What advice does the video give on the topic of relationships and their impact on personal life?

The video advises choosing relationships wisely, as they can either positively enhance one's life or drain one's energy and happiness.

Why is reliability considered important in the video?

Reliability is important because it builds trustworthiness, making one a dependable person who others can rely on to get things done.

What is the video's perspective on the value of time and how it should be used?

The video emphasizes that time is invaluable and should be used wisely, as it cannot be bought or replaced, unlike money.

What is the video's opinion on seeking advice from others, especially those who haven't achieved what you aspire to?

The video suggests that advice should be sought from those who have successfully achieved what you aim for, rather than from those who haven't, as they may not provide the most effective guidance.

How does the video view the concept of 'making your own luck'?

The video suggests that one can create their own luck by working on the right things, engaging with the right people, and being present at the right time.

What is the significance of health in one's late teens and 20s according to the video?

The video highlights that establishing a good baseline for health in one's late teens and 20s is crucial, as it sets the foundation for long-term well-being and can have compounding benefits in the future.

What is the 'work like a lion' approach mentioned in the video, and how does it apply to real-world scenarios?

The 'work like a lion' approach involves sprinting towards a goal with intense focus and then resting to analyze and understand what has been done. This method is applicable in various real-world scenarios, such as learning, building a project, or starting a new business.

Why is it important not to take oneself too seriously according to the video?

Not taking oneself too seriously helps to avoid being hurt by others' words and judgments, allowing for greater freedom to pursue one's happiness without being overly concerned about others' opinions.

How should material objects be viewed and used according to the video?

Material objects should be seen as tools to improve one's life or someone else's, rather than as ends in themselves or as measures of success.

What does the video suggest about the importance of doing scalable activities in life?

The video suggests that engaging in scalable activities, such as investing or seeking commission-based work, can lead to greater growth and success over time.

What is the video's stance on the idea of always being busy?

The video argues against the notion of being busy all the time, stating that true freedom comes from being able to use one's time as desired and focusing on what truly matters.

What is the video's advice on the balance between consumption and creation?

The video advises spending at least half of one's time creating, rather than just consuming, to make use of the knowledge and experiences gained from various sources.

What does the video suggest about the relationship between being active and creating passive income?

The video suggests focusing on active income during one's 20s, as passive income often requires an initial investment or established assets, which may not be readily available at that stage.

What is the video's perspective on wealth versus money and status?

The video differentiates wealth as having assets or investments that generate income passively, as opposed to money and status, which are more transient and less reliable indicators of financial security.

Why does the video emphasize the importance of self-belief and self-reliance?

The video emphasizes self-belief and self-reliance because most people will expect you to fail, and the only way to prove them wrong is to believe in yourself and take action.

What is the video's opinion on the necessity of a rigid morning routine for success?

The video argues against the idea of needing a rigid morning routine for success, suggesting that flexibility and personal preference should dictate one's morning habits.

What does the video suggest about the relationship between working smart and working hard?

The video suggests that working smart is more effective than working hard, as it involves focusing on the right tasks that provide the most leverage and return.

Why is the willingness to do 'dirty work' important for entrepreneurs and creators according to the video?

The willingness to do 'dirty work' is important because it demonstrates a commitment to the task at hand and an understanding that success often requires doing tasks that others are unwilling to undertake.

What does the video suggest is more important than talent in achieving success?

The video suggests that obsession and persistence are more important than talent, as they drive consistent effort and dedication to achieving one's goals.

What is the video's advice regarding self-discipline and its role in personal and professional life?

The video advises that self-discipline is crucial for both avoiding harmful habits and achieving goals, emphasizing its role in personal growth and professional success.

What is the video's perspective on the idea that one should rent their time?

The video discourages renting one's time, suggesting that leveraging one's mind for income generation is a better approach to financial independence and success.

What does the video suggest about the relationship between obsession and talent in the context of success?

The video suggests that an obsession with one's goals and persistent effort can surpass innate talent in achieving success.

What is the video's final message regarding personal responsibility and initiative?

The video concludes with the message that no one owes you success, and it is up to the individual to take initiative and make things happen in their life.