low-key way on how i made $187,340 in my early 20s

Elijah
30 Oct 202419:04

Summary

TLDRIn this video, a 22-year-old college dropout shares how he earned over $100,000 by mastering high ticket sales. After experimenting with various online business models and enduring months of struggle, he discovered the power of closing deals without managing fulfillment. With insights from mentorship, he achieved his first $10K month through high ticket sales, emphasizing the importance of skill development and leveraging opportunities in the e-learning market. He encourages viewers to explore sales strategies and provides resources for those looking to improve their financial situation.

Takeaways

  • 😀 A college dropout can still achieve financial success through online skills.
  • 💰 Spending effectively is crucial; the speaker spent $18K in January to achieve their goals.
  • 🏢 Living in a modest apartment in Las Vegas, the speaker emphasizes that success doesn't mean extravagant living.
  • 📚 Investing in mentorship and education is essential for personal and professional growth.
  • 🚀 Starting a business, like dropshipping, requires capital, time, and effective marketing skills.
  • 😓 The journey to financial independence includes setbacks and challenges, including returning to regular jobs.
  • 💡 Discovering high-ticket sales opened new opportunities for earning substantial commissions.
  • 📈 Learning high-ticket sales led to the speaker's first $10K month and significant income growth.
  • 🤝 Networking with like-minded individuals can inspire and motivate personal development and business success.
  • ✨ The key to financial freedom lies in leveraging skills to help others generate income.

Q & A

  • What skill did the speaker attribute their financial success to?

    -The speaker attributed their financial success to mastering high-ticket sales.

  • What was the speaker's educational background?

    -The speaker is a college dropout who pursued a running start program but ultimately did not resonate with traditional college education.

  • How much did the speaker initially make from their job before transitioning to high-ticket sales?

    -The speaker was making approximately $2,000 to $3,000 per month from their job.

  • What business ventures did the speaker explore before finding success?

    -The speaker explored dropshipping, social media marketing, and trading before focusing on high-ticket sales.

  • What was the turning point for the speaker's career?

    -The turning point was discovering high-ticket sales through friends who were successfully making substantial monthly incomes.

  • What kind of products did the speaker initially sell in their dropshipping business?

    -The speaker initially sold masks that were popular among Filipinos, particularly a brand called Copper Mask.

  • What challenge did the speaker face while trying to run a marketing agency?

    -The speaker faced challenges in booking clients and generating leads, which made it difficult to sustain their marketing agency.

  • How did the speaker's approach to sales change when they started in high-ticket sales?

    -In high-ticket sales, the speaker learned to close deals without the burdens of fulfillment and lead generation, making the process more streamlined.

  • What income milestone did the speaker reach by mid-2023?

    -By mid-2023, the speaker reached an income milestone of over six figures.

  • What resources does the speaker recommend for learning sales skills?

    -The speaker recommends books like 'Never Split the Difference' and 'The Way of the Wolf' for learning sales skills.

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Related Tags
High Ticket SalesFinancial SuccessEntrepreneur JourneyCollege DropoutMentorshipE-commerceSales SkillsYoung AdultsOnline BusinessMotivational