i made $100,000 at 20 but feel more lost than ever

Noah Stancati
15 Apr 202517:14

Summary

TLDRIn this raw and introspective video, a young entrepreneur reflects on achieving financial success—making over $100,000 by 20—but feeling more lost than ever. Through his journey of experimenting with various business models, including meme pages, drop shipping, and NFTs, he discusses how the constant chase for more can lead to emptiness. He emphasizes the importance of finding a personal 'why' beyond money, managing overthinking, and focusing on a few trusted mentors. The video encourages viewers to avoid the cycle of comparison, cut through external noise, and prioritize meaningful goals for long-term fulfillment.

Takeaways

  • 😀 Financial success does not equate to fulfillment or happiness, as demonstrated by the speaker's feelings of being 'lost' despite making over $100,000 at a young age.
  • 😀 The journey to success is often filled with trial and error, including failed ventures like dropshipping, Twitch streaming, and NFTs, but the speaker continued to push forward.
  • 😀 The speaker emphasizes the importance of setting meaningful milestones instead of just chasing money or external validation.
  • 😀 Manifesting goals by writing them in the present tense and reflecting on achievements can be a powerful tool for personal growth.
  • 😀 Reaching a goal, like making a certain amount of money, often leads to a temporary high but then results in the need to set the next target, leading to an endless cycle of chasing.
  • 😀 To avoid the never-ending chase for success, it's crucial to find a deeper 'why' beyond financial gain, which can help maintain motivation and fulfillment.
  • 😀 Two of the speaker’s main driving factors are the desire to provide freedom for their loved ones and to honor their late father’s hard work by doing meaningful work.
  • 😀 Overthinking and analysis paralysis can hinder creativity and action, which are essential for growth and success.
  • 😀 Imperfect action is better than no action at all; the speaker reflects on how others who take consistent imperfect actions are doing better despite not being as perfect or strategic.
  • 😀 The overwhelming noise of constant advice and information online can be paralyzing. It’s better to focus on just a few role models whose philosophies resonate with you and avoid trying to follow too many trends.

Q & A

  • What is the main issue the speaker addresses in the video?

    -The speaker addresses feeling lost despite achieving financial success at a young age. Despite making over $100,000, they feel disconnected and unfulfilled, emphasizing the challenges of chasing success without a clear sense of purpose.

  • What was the speaker's journey to making money?

    -The speaker started by creating meme pages in grade nine, then moved on to dropshipping, Twitch streaming, NFTs, and Etsy dropshipping. They experimented with various business models, some of which were successful and others not, before reaching their current success.

  • How did the speaker initially approach their financial goals?

    -Initially, the speaker focused on the money itself, using strategies like manifestation to achieve financial milestones, such as making $5K per month and eventually surpassing that goal.

  • What lesson did the speaker learn from their experiences?

    -The speaker learned the importance of avoiding the never-ending chase for external success. They highlight that achieving a goal, like making a certain amount of money, may bring temporary satisfaction, but it quickly fades, leaving the person feeling unfulfilled.

  • What is the speaker's advice for avoiding the feeling of being lost?

    -The speaker advises finding a deeper 'why' for pursuing success, which goes beyond money. They stress that knowing your true motivators, like freedom for loved ones or honoring past sacrifices, can help bring meaning to your journey.

  • What personal motivations drive the speaker now?

    -The speaker's motivations now focus on the freedom and well-being of their loved ones, especially inspired by their father's hard work and sacrifices. They aim to provide a better life for their family, particularly their mother, girlfriend, and sister.

  • Why does the speaker feel a disconnect with their achievements?

    -The speaker feels disconnected because they are caught in a cycle of chasing success without a clear sense of purpose. Despite achieving goals like earning $30K per month, they still feel lost, as the chase for more never brings lasting fulfillment.

  • How does overthinking impact the speaker's ability to take action?

    -Overthinking leads the speaker to experience analysis paralysis, where they get stuck in the planning phase and struggle to take imperfect action. They note that creativity often suffers under the weight of excessive logic and overthinking.

  • What advice does the speaker give about consuming online content?

    -The speaker advises limiting the number of people you follow and focus on just two or three individuals whose values align with yours. They believe this approach helps avoid the overwhelming noise of too much advice and information online.

  • What role does AI play in the speaker's thoughts on success?

    -AI and modern tools make it easier than ever to succeed, but the speaker believes that the sheer volume of information and options can also hinder success. They caution against being distracted by too many resources and instead encourage focused action.

Outlines

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Keywords

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Transcripts

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Связанные теги
Personal GrowthMoney SuccessOvercoming ChallengesFinding PurposeMotivational JourneyEntrepreneurshipSelf ReflectionLife LessonsMindset ShiftImperfect Action
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