How I Made $3 Million In 6 Months as a 20 Year Old Female Entrepreneur

Summary

This inspiring narrative follows a 20-year-old female entrepreneur's journey to amass three million dollars in six months. Starting from a challenging background, she leverages her unique experiences and a pivotal book recommendation to redefine success. After a transformative personal loss, she drops out of college to pursue entrepreneurship, eventually finding success in Airbnb and coaching others. Her story emphasizes the importance of intentional actions, a positive mindset, and the power of believing in oneself despite societal expectations.

Takeaways

• 🎓 Early Realization of Difference: The speaker recognized her uniqueness from an early age, being in advanced classes and feeling a sense of not fitting in.
• 📚 Influence of 'How to Win Friends and Influence People': A book recommended by her brother had a significant impact on her mindset and aspirations.
• 🏆 Brother's Ambition: Her brother's goal to become a millionaire by 22 inspired her, despite their background of limited financial exposure.
• 💔 Life-Changing Loss: The death of her oldest brother at 22 caused a profound shift in her perspective on life, leading to a focus on what truly matters.
• 🧘‍♀️ Self-Isolation and Focus: After her brother's death, she became more selective with her time, focusing on her art, work, and family.
• 🏫 Reevaluating Education: She questioned the importance of school and the value it added to her life, ultimately deciding it was not the path for her.
• 💼 Dropping Out to Pursue Entrepreneurship: Inspired by the idea that successful people make quick decisions, she dropped out of college to become an entrepreneur.
• 🏠 Success with Airbnb: She found success in the Airbnb business, initially renting properties and later mastering rental arbitrage.
• 👥 Coaching and Scaling: After proving her success, she and her partner started a coaching business to help others replicate their achievements.
• 💰 Significant Financial Growth: The speaker and her partner experienced exponential financial growth, reaching millions in revenue.
• 🚀 Overcoming Prejudice: As a young, female entrepreneur of color, she faced skepticism and had to prove herself in a male-dominated business environment.
• 🌟 The Power of Intentionality: The speaker emphasizes the importance of being intentional in one's actions and decisions to achieve desired outcomes.
• 👂 Choosing Who to Listen To: She advises on the importance of selecting who influences your life, focusing on those who align with your goals and values.
• 🔄 Being True to Yourself: Encourages staying true to oneself, not conforming to societal expectations, and embracing one's individuality.

Q & A

How much money did the speaker make in six months at the age of 20?

The speaker made three million dollars in six months at the age of 20.

What types of classes was the speaker in during high school?

The speaker was in advanced classes, including AP and honors classes during high school.

What challenges did the speaker face in terms of fitting in due to her diverse background?

The speaker, being black, Hispanic, and Muslim, went through various phases trying to figure out her identity and struggled to fit in due to her diverse background.

What book did the speaker's brother recommend to her and why?

The speaker's brother recommended 'How to Win Friends and Influence People' because he believed it would change her mindset and help her be successful.

What impact did the speaker's oldest brother's death have on her perspective on life?

The death of her oldest brother made the speaker realize that life is short and caused her to reevaluate what was important to her, leading to a focus on her art, work, and family.

Why did the speaker decide to drop out of college?

The speaker decided to drop out of college because she felt the assignments were not helping her progress in the area she wanted and she wanted to learn from successful people directly rather than from professors.

What business did the speaker start after dropping out of college?

The speaker started an Airbnb business, initially renting properties and eventually learning and mastering rental arbitrage.

How did the speaker's coaching business come about?

The coaching business came about after people started noticing her success with Airbnb and asked her to teach them how she was doing it, leading her and her partner to create a coaching program.

What role did the speaker's partner, Bryson, play in their success?

Bryson played a significant role in the speaker's success, particularly in changing her mindset and helping her realize the importance of a positive mindset in attracting positive outcomes.

How did the speaker's family get involved in her business?

The speaker was able to hire her family members to work with her in the coaching business, providing them with opportunities for growth and more time freedom.

What advice does the speaker give to others who want to be successful entrepreneurs?

The speaker advises others to think bigger, learn who to listen to, be intentional in their actions, and not to conform to societal expectations or pressures.

Outlines

00:00

💡 Early Entrepreneurial Drive and Personal Growth

The speaker, a young female entrepreneur, recounts her journey to earning three million dollars in six months at the age of 20. She discusses her academic background in advanced classes and the influence of her brother, who introduced her to the book 'How to Win Friends and Influence People' and had aspirations to be a millionaire by 22. The speaker's life perspective shifted dramatically after her oldest brother's death, leading her to prioritize her time and focus on her family and personal goals. She emphasizes the importance of self-validation and not relying on external approval to pursue one's ambitions. Her college experience was unsatisfying, as she felt the assignments were not contributing to her desired success. This dissatisfaction, coupled with a high-profile nanny job opportunity, led her to drop out of school and pursue entrepreneurship. She experimented with various ventures before finding success with Airbnb rentals and rental arbitrage, which eventually led to creating a coaching business with her partner, Bryson.

05:00

🚀 Scaling Success and Overcoming Challenges

The speaker details the growth of her Airbnb business, which started without owning any properties and eventually scaled to 11 rentals. Her success attracted attention, and people began asking for her guidance. This led to the creation of a coaching business with her partner, Bryson, who played a significant role in her success and helped her maintain a positive mindset. The coaching business expanded, and they began offering various programs to accommodate different learners. The speaker's first six-figure month came in June 2022, and by October, they achieved a million-dollar month, culminating in over three million dollars by the end of the year. Despite being a young female entrepreneur, she faced skepticism and had to prove herself in a male-dominated business environment. She encourages others to pursue their dreams regardless of societal expectations and to be intentional in their daily actions to build the life they desire. The speaker also stresses the importance of surrounding oneself with the right influences and being true to oneself.

Keywords

💡Entrepreneur

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. In the video, the speaker identifies as a female entrepreneur who made significant earnings through various ventures, including Airbnb and a coaching business, demonstrating the entrepreneurial spirit of innovation and risk-taking.

💡Mindset

Mindset refers to a set of attitudes and beliefs that shape how a person perceives and approaches life. The video emphasizes the importance of having a positive mindset for success, as the speaker's brother had a goal to become a millionaire by 22, which seemed achievable to him due to his mindset.

💡Diversity

Diversity in this context refers to the speaker's racial, ethnic, and religious background, which contributed to her feeling different and her journey to self-discovery. The speaker is black, Hispanic, and Muslim, and these diverse identities are part of her unique personal narrative.

💡Grief

Grief is the deep emotional response to loss, particularly bereavement. The speaker's oldest brother's death was a pivotal moment that changed her perspective on life, leading to a period of intense personal reflection and a reevaluation of her priorities.

💡Self-Reliance

Self-reliance is the state of depending on oneself, rather than external validation or support. The speaker emphasizes the importance of not needing validation from others to pursue one's goals, which is a key aspect of her entrepreneurial journey and success.

💡Airbnb

Airbnb is a platform that allows property owners to rent out their homes or rooms to travelers. In the video, the speaker's success with Airbnb is highlighted as a significant factor in her financial achievements, starting from renting properties to mastering rental arbitrage.

💡Coaching Business

A coaching business involves providing guidance and mentorship to others, often in a specific field or area of expertise. The speaker and her partner created a coaching business to teach others how to succeed with Airbnb, scaling it to include various offers and impacting many lives.

💡Intentional Actions

Intentional actions are deliberate and purposeful steps taken to achieve a specific goal or outcome. The video's message emphasizes the importance of being intentional in one's actions to build the life one desires, as exemplified by the speaker's clear goals and decisive steps in her business ventures.

💡Validation

Validation in this context refers to the approval or confirmation from others that one seeks to feel secure or confident in their abilities or decisions. The speaker rejects the need for external validation, asserting that self-belief and determination are more crucial for success.

💡Rental Arbitrage

Rental arbitrage is a strategy where one rents a property and then sublets it at a higher price to make a profit. The speaker learned and applied this concept in her Airbnb business, which contributed to her substantial monthly earnings.

💡Empathy

Empathy is the ability to understand and share the feelings of others. The speaker's experience as a nanny and her compassion for children are highlighted, showing empathy as a valuable trait that contributed to her success in both her personal and professional life.

Highlights

A 20-year-old female entrepreneur made three million dollars in six months.

Grew up in advanced classes, realizing a difference in herself early on.

Struggled with identity as a black, Hispanic, Muslim individual.

Influence from brother Jamil who introduced 'How to Win Friends and Influence People' and had aspirations to be a millionaire by 22.

Family background with no exposure to wealth, yet a strong drive to achieve financial success.

Life-changing perspective after the death of her oldest brother at 22, realizing the brevity and value of life.

Became selective with influences, focusing on art, work, and family after her brother's passing.

Questioned the importance of formal education when faced with personal loss and life's impermanence.

Felt the need for self-validation rather than relying on external validation for her worth and abilities.

Worked two full-time jobs during college, feeling exhausted and unfulfilled.

Dropped out of college to pursue entrepreneurship, influenced by tapes about successful decision-making.

Started with Airbnb by renting properties and eventually owning 11 Airbnbs, learning rental arbitrage along the way.

Transitioned to a coaching business after requests from others to teach her successful Airbnb strategies.

Bryson, her partner, played a significant role in her success and mindset change.

Created a coaching program, scaling it to include various offers such as done-for-you services and mentorships.

Made her first six-figure month in June 2022, and continued to increase revenue, reaching over three million dollars by the end of the year.

Kept business growth low-key due to a lack of understanding from others about entrepreneurship and wealth.

Emphasized the importance of intentional actions, a positive mindset, and living in accordance with one's stated goals.

Encourages others to pursue their dreams regardless of societal norms or expectations.

Advises to learn who to listen to and to be intentional in building the life one desires.

Transcripts

I made three million dollars in just six

months as a 20 year old a female

entrepreneur and you can too growing up

I was always in like the advanced

classes and high school I was in the AP

the honors classes and so even being

separated from so many people even

starting at a young age it definitely

made me realize that I'm a little bit

different it was a little bit hard to

fit in I'm black I'm Hispanic I'm Muslim

I went through so many different phases

of trying to figure out what I wanted to

do I remember there was a point in time

where I wanted to be an engineer I

wanted to be an interior designer my

sophomore year I lived with my dad that

same Year my brother Jamil lived with my

dad and we were always super close first

day I got there he took me to his room

and he showed me the stack of books that

he had and one of them was called How to

Win Friends and Influence People and

he's like you've got to read this book

you got to start reading it's really

going to change your mindset it's really

going to help you be successful he had

this white board on his wall and it said

I will be a millionaire by 22 and in my

head like I was thinking like where'd he

come up with that like we've never seen

a millionaire in our life money was

never something that we grew up seeing

it was never something that we were

familiar with my family never had a lot

of money in any aspect I thought that it

was amazing that he had such Drive and

could picture a goal that seemed so far

off but to him seemed achievable junior

year I was living by myself I had

actually moved away from my dad's and I

was living with family friends the same

year that I was living by myself my

oldest brother passed away and when he

passed away my whole perspective on life

changed everything like School the

people that I hung around what was

important to me how I was spending each

day because I really realized that life

is so so so short and the fact that my

brother was taken at 22. I was only 16

and he was one of the closest people to

me and so I never understood why he was

taken so soon I didn't understand it I

was going through my own grieving

process it changed everything and put

life into a different perspective I

really got very selective with what I

was putting into my mind the people that

I was hanging around I got very isolated

I started really just focusing on my art

on working and really just being alone

and focusing on my family I was asking

myself I didn't see my brother before he

passed away because it wasn't winter

break yet because I had to stay in

school for winter break was school ever

that important where I didn't see my

brother before he passed away because I

had to be at school you could not even

finish school and your life could be

over I have other things that are more

important to me my family my time what I

want to do with my life because we grow

up from kindergarten to 12th grade in

school we naturally rely on like who we

are as a student as part of our identity

what you start to realize is like all

you're doing is giving power to someone

else to tell you how valuable you are or

to tell you how qualified you are I

didn't need someone else to tell me if I

was worth doing a job or not or if I was

good enough to do something because if I

wanted to do something I just had to

decide to do it and I don't need

validation from someone else whether

that be a teacher whether that be a

professor whether that be an employer

from anyone you don't actually need

validation from someone you just have to

decide within yourself that you're

capable of doing it and go for it once I

got into college and I started going

through the day-to-days I was working

two full-time jobs it was exhausting I

spent a lot of time doing things for

other people it was like I was doing my

schoolwork for my teachers but it didn't

really make sense to me I wasn't really

understanding what I was supposed to get

out of it I was nannying to make enough

money to survive but it wasn't enough to

do anything beyond that because I had to

spend all my time working one day I was

sitting in class and I was listening to

my teacher talk and he gave us this huge

assignment and it was a predominantly

white school so everyone partnered up

into these groups and I was just sitting

there by myself and again I felt like I

didn't fit in I started like just

wondering what am I doing here these

assignments these aren't helping me

progress in the area that I want to

progress in they're kind of just like

buffer time they're just busy

assignments to keep us busy it wasn't

really what I needed to achieve the

success I wanted and actually at the

same time I was finishing up first

semester of my freshman year of college

I got an interview with this very high

profile family for Nanny and I've never

had an experience like that and even

when the experience came up I kept

asking myself like why me like why am I

getting this opportunity to work for

such a high profile family I'm an 18

year old who's not even CPR certified

out of all people why would they pick me

and my mom kept telling me like that's

not the right mentality to have like who

cares if you're 18 years old you know

that you're an amazing Nanny you know

that you're a parent compassionate that

you know how to care for children you've

done that your whole life and then I

started asking myself would I rather

learn from from a professor or would I

rather learn from a billionaire who has

the lifestyle that I want and I can

actually learn from him in person and

see his lifestyle so at the end of

freshman year I remember we were

finishing up with classes and I was

listening to these tapes and they said

people who are successful make decisions

quickly and they stick to those

decisions I decided right then and there

I was like I'm going to be done with

school I'm going to drop out and so that

same day I texted my counselor and I

said please unenroll me from all

upcoming classes and she was like oh no

like if something wrong is there

something I can help with and I was like

no thank you just please don't enroll me

I'll no longer be attending Maryville if

I'm not going to go to school I have to

figure out how I'm going to be a

successful entrepreneur I started

reading books I started watching YouTube

videos I was doing cosmetology I learned

how to do nails completely by myself so

after trying Ecom Drop Shipping trading

stock options I finally started Airbnb

and Airbnb actually went amazing for me

I started off by renting I actually

didn't own any properties I now have 11

airbnbs that I rent and even from that I

learned how to do rental Arbitrage and

at first I didn't really understand it

fully but I was learning as I went and I

kind of went through the mistakes the

learning curves figured out what worked

and what didn't work and then everyone

started seeing like this 20 year old

girl is making five figures a month

making forty thousand dollars fifty

thousand dollars sixty thousand dollars

a month from Airbnb without renting any

properties and everyone started asking

me like can you teach me can you help me

like how are you doing it if I can

genuinely help someone else and make a

difference in their life through

something that I learned then why not me

and my partner we decided to create a

coaching business Bryson played a huge

role in helping in our success with

Airbnb even changing my mindset from

when my brother first passed away I was

grieving a lot I was really sad when I

met Bryson he really helped me realize

that you have to have a positive mindset

if you want to attract positive things

everyone started asking a ton of

questions so after we started our

coaching business we kind of just kept

scaling and growing we made up to sixty

thousand dollars in a month from Airbnb

and then we started getting students who

were also getting results and so we

started an entire coaching program I was

actually able to hire a lot of my family

to work with me to keep scaling this

coaching business so we could keep

providing coaching to more and more

students and give them more and more

offers we have done for you offers we

have mentorships and that way there's

something for everyone to learn and

something for everyone to grow from I

remember when we first started our free

class I told my brother I don't think

you need to go to college but that's

just me I promise you this month I'm

going to make a hundred thousand dollars

this month June of 2022 I made a hundred

thousand dollars in a month that was my

first six figure month after that I told

my brother like I'm gonna make two

hundred thousand dollars this month in

July we made it over two hundred

thousand dollars our Revenue just kept

increasing as we started making more and

more of an impact for more people in

October me and Bryce and we were like

we're gonna make a million dollars this

month and in October we made a million

dollars November we made a million

dollars finishing up the end of the year

we generated over three million dollars

from our airbnbs and also from our

coaching the intentional actions the

positive mindset and actually living in

what you say you're going to do that's

how we made three million dollars for

most of the journey me and Bryson we

pretty much kept everything low-key just

because no one really understands it and

the way that we grew up no one really

had a lot of money so imagine going to

people who've never seen a lot of money

and being like we made a hundred

thousand dollars or we made a million

dollars at 20 years old they're not

going to understand and there's just a

lot of people who don't understand the

concept of Entrepreneurship when we were

finally able to start bringing our

family in and bringing people in and

actually changing their lives I think it

was so inspirational to them what I

realized is that making more money

you're not a different person you're the

same person but it gives you so much

more freedom and it gives you so much

more opportunity so for me I've been

able to work with my whole family and

now Inspire them and show them that

there's so much more and this is even

them working with me now is just a

stepping stone for what they can do and

give them more time Freedom so that they

can do those things even being an

entrepreneur and being a female or being

a minority it's definitely different

people look at you different I walk into

places no one knows I have money and

they look at me they kind of brush me

off because they wouldn't think that I

have money or I walk into a business

setting with Bryson and they immediately

talk to Bryson because they don't think

that I have anything to do with the

business they just think that I'm there

but what they don't know is I'm actually

a female entrepreneur and just because

you're a woman doesn't mean that you

can't be driven that you can't be

outspoken or say how you feel if you

haven't dream go after it and Chase it

don't let the people that surround you

don't let people that you grew up with

don't let your parents don't let Society

tell you that it's not okay I think a

big thing is learning who to listen to

Because what I learned is that everyone

has an opinion but if they don't have

what I want or they don't have the

lifestyle that I want to live or hold

the same values as me or the same morals

as me as much as I love them and as much

as I respect them it doesn't make sense

for me to listen to them because they

don't have what I want and so what I

would tell my younger self would be

think bigger and learn who to listen to

and then not just that but it's okay to

be yourself you don't have to feel

scared if you don't fit in you don't

have to feel like you have to conform to

society or to what people want you to be

each day that you're intentional little

by little even when you don't know it or

when you can't see it you're building

the life that you want you have to know

what you want and be intentional behind

it every day and it'll come to you