13 Rules for Building Wealth Before 40 | Ep 885

Give me the next forty minutes or so, and I'll help you make the most of your twenties and your thirties. So I made my first million when I was twenty six. A decade later my portfolio companies generated last year over two hundred fifty million dollars in aggregate revenue, and I'm thirty six now. And so in this video I'm gonna give you the real world advice that I wish someone had told me much earlier. So number one Is you want to take asymmetric bets. If you're under thirty You have no reason not to go a hundred percent all in on your goals. The downside is nothing and the upside is everything.

So if you think about life as giving you kind of lottery tickets, right? You can scratch off a ticket and if you don't win Then what did you lose? The scratch off ticket. But the thing is is that when you have nothing to lose

You have nothing to lose and you only have things to gain. And so the objective when you have as little as you can is to take as many shots as possible because your downside is zero. Right. And so it's the only time in your career where you can take more shots than anyone else. And so the reason or the fact that people don't take shots, and myself included, when I was younger, are so afraid to take a shot. But the only reason that was holding me back was the belief that other people who I don't even talk to anymore would somehow judge me as a quote failure. And so thing is is you're never gonna have less responsibilities. Than you have today. But the thing is is that

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