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How to Become a Millionaire by Age 30

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Getting rich and becoming a millionaire is a taboo topic. And saying it can be done by the age of 30 seems like a fantasy.

Well, it shouldn’t be taboo and it is possible. At the age of 21, I got out of college, broke and in debt. And by the time I was 30, I was a millionaire.

Here are the 10 steps I took to become a millionaire. Follow them and by age 30, you will be one, too.

#1 – Follow the money.

You can not save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that. My income was $3,000 a month and nine years later it was $20,000 a month. Start following the money and it will force you to control revenue and see opportunities.

#2 – Don’t show off — show up!

I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income. I was still driving a Toyota Camry when I became a millionaire. Be known for your work ethic, not the trinkets that you buy.

#3 – Save to invest, don’t save to save.

The only reason to save money is to invest it. Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one, which is to increase income. To this day, at least twice a year, I am broke because I always invest my surpluses into ventures that I cannot access.

#4 – Avoid debt that doesn’t increase your cash flow.

Make it a rule that you never use debt that won’t make you money. I borrowed money for a car only because I knew it could increase my income. Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.

#5 – Treat money like a jealous lover.

Millions wish for financial freedom, but only those that make it a priority have millions. To get rich and stay rich you will have to make it a priority. Money is like a jealous lover. Ignore it and it will ignore you, or worse, it will leave you for someone who loves it more!

#6 – Outwork your competition.

Money doesn’t know about clocks, schedules or holidays — and you shouldn’t either. Money loves people that have a great work ethic. When I was 26 years old, I was in retail and the store I worked at closed at 7 p.m. Most times you could find me there at 11 p.m. making an extra sale. Never try to be the smartest or luckiest person — just make sure you outwork everyone.

#7 – Being poor makes no sense.

I have been poor, and it sucks. I have had just enough to get by, and that sucks almost as bad. Eliminate any and all ideas that being poor is somehow okay. Go to war with being broke! To quote General George S. Patton, “Success is how you bounce on the bottom.”

#8 – Get a millionaire mentor.

Most of us were brought up middle class or poor and then hold ourselves to the limits and ideas of that group. I have studied millionaires to learn their mindset and principles and I duplicated what they did. Get your own personal millionaire mentor and study them. Most rich people are extremely generous with their knowledge and their resources.

#9 – Get your money to do the heavy lifting.

Investing is the golden goose for becoming a millionaire. You should make more money off your investments than from your work. The second company I started required a $50,000 investment. That company has paid me back that $50,000 every month for the last 10 years. My third investment was in real estate. I started with $350,000, which was a large part of my net worth at the time. I still own that property today and it continues to provide me with income. Investing is the only reason to do the other steps, and your money must work for you and do your heavy lifting.

#10 – 10X Your Goals – Shoot for $10 million, not $1 million.

The single biggest financial mistake I’ve made was not thinking big enough. I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.

Apply these 10 steps and they will make you rich. Steer clear of people that suggest your financial dreams are born of greed. Avoid get-rich-quick schemes, be ethical, never give up, and once you make it, be willing to help others get there, too.

Grant Cardone is an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media and finance. His five privately held companies have annual revenues exceeding $100 million. Forbes named Cardone #1 of the "25 Marketing Influencers to Watch in 2017".

Entrepreneurship

Meet Brendan Beasley, A 21-Year Old Digital Marketing Specialist

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As the internet continues to shape the business landscape, entrepreneurs and business leaders are tirelessly searching for new ways to market and grab their customer’s attention.

By using the combination of applied psychology and digital advertising, Brendan, a 21-year old entrepreneur has a unique approach when it comes to driving sales and getting eyeballs on your brand. Brendan started his marketing journey shortly after making the decision to stop playing college basketball and focus full-time on his digital agency.

Like many other entrepreneurs starting out, he quickly experienced the brutality of business by facing defeat, embarrassment, and disappointment almost every day.

However, after learning from his setbacks, his curiosity for marketing quickly became a passion and a major asset in his entrepreneurial tool-belt.

Rather than running ads on one platform and calling it a day, Brendan stresses the importance of “omnipresent advertising” to stay in front of potential customers and avoid the dangers of becoming a one-legged stool.

In combination of this unique “omnipresent advertising” approach, Brendan’s digital agency, Bow Tie Interactive, consults businesses across the United States on how to generate more revenue per customer, how to promote customer loyalty, and how to create experience-driven word-of-mouth conversations.

Brendan’s creativity and innovative thinking has positioned him as rising star in the digital marketing community.

With his dedication to becoming one of the greatest in the marketing space, there’s no doubt you’ll see more of Brendan in the future.

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Entrepreneurship

Lessons to learn from entrepreneur John Guaman

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John Guaman is a 23-year-old entrepreneur heavily involved in the trading and network marketing industries. While he did not grow up wealthy at all; in fact, he was part of a lower middle class household, he watched his parents work two jobs each so they could put food on the table. He started working when he was about 12 to 13 years old doing yard-work, selling CDs, or anything that he could do to be an entrepreneur and help take care of his family. 

Watching his parents struggle while he was growing up is what inspired him to develop his mindset so he could have the income to achieve all of his dreams and goals. When he was 13, he knew he was going to have to own his own business or he would never become wealthy, and that is what sparked him to get involved with his first business when he was 18 years old. John is a huge believer in the law of attraction, and that you attract to you what you think about most of the time. When he was first introduced to the network marketing industry he was extremely skeptical. It only took a few months for him to decide to take a leap of faith. He didn’t make much money with his first venture, but he fell in love with the process of learning and personal development. 

Along the way John has had many setbacks and failures, but he refuses to look at those failures as such, rather he looks at them as learning experiences and ways to grow. His mentor used to tell him “fail as quickly as possible in order to gain more experience”

John has studied the likes of Earl Nightingale, Bob Proctor, Tony Robbins, Joe Dispensa Jim Rohn, Drake, and more. Reading and listening to their material daily has allowed him to absorb their wisdom.

John believes that hard work, a willingness to be coachable, and burning desire to succeed is all that you need in order to start off doing anything and eventually become successful. He believes that if you combine consistency with humility, you’ll stay grounded and develop the right type of energy that it takes in order to attract success. His biggest tip for new entrepreneurs is to find a mentor early so that you have someone to help you avoid making mistakes that could set you back.

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Entrepreneurship

Coach Legend Has Mastered Financial Literacy And Is Teaching Us How To Do It Ourselves

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It wasn’t too long ago that Hanso Legend, better known as Coach Legend, was stuck on a 9-5 minimum wage job. Another statistic in America, Coach Legend was fighting to get out of the rat race and break through. 

A Haitian-American businessman, world-renowned public speaker, mentor and wealth coach, Mr. Legend is a multilingual marketing strategist who has countless years of solid and diverse professional experience in the areas of business development and leadership.

“My story began when I turned 7 and my Father put me on the airplane away to America. I remember being ecstatic about receiving a visa to enter the US. Imagine 5 people living in a one-bedroom apartment?” He stated. 

Years later, his persistence and ambition finally paid off.

Today, the 7-figure wealth coach is filling up arenas with his resonating message of hard work, perseverance, and financial freedom. 

At 33 years old, Coach Legend, CEO of Legend Credit Repair, has built a 7-figure credit empire focused on helping thousands of people reach their own version of the American Dream. 

“As a millennial, it is important for me to share the knowledge I have learned to help other millennials achieve success outside of a 9-5 job,” He stressed. 

Coach Legend grew up on welfare in the rough inner cities of St. Louis to now becoming one of the most influential leaders and among the top most sought after wealth coaches in the Network Marketing Industry. 

“One of my biggest insecurities was my thick HAITIAN accent. I knew I was a smart guy and I couldn’t always express verbally what I wanted. I remember talking at times and people making fun of my accent and it would set fear tingles through my body.” He recalled.  

Determined to make a better life for himself and his family, he began his entrepreneurial journey in network marketing at the young age of 19. Two years later, he had already become a six-figure earner and one of the top sales professionals in his company. 

Fast forward to today, his brand has grown to over 100,000 followers in social media

Specializing in a range of financial services including, but not limited to, credit restoration, credit monitoring, wills and trusts, credit litigation and financial planning, he has proudly helped thousands of people restore their credit, while helping them build financial wealth in the process. 

In addition to that, Coach Legend has found tremendous success working as a seven-figure success coach, teaching people through workshops and seminars on how to make the most out of their current financial situations so that they can build and grow their wealth. 

He has trained hundreds of thousands of people on how to build a successful network marketing business and has helped many people improve and strengthen their personal and leadership skills with his specialized mentorship training programs. 

A self-taught entrepreneur, he oversees some of the best minds in the Network Marketing Industry, Coach Legend is passionate about fostering creativity and innovation among his more than 100k followers on Instagram.

Countless people have stepped away from their 9-5 jobs while creating six-plus figures, all thanks to Coach Legend’s powerful advice. His goal? To help at least 20 people make over 1 million dollars by 2022.

When speaking with Coach Legend it becomes evident that his talent is to bring out the best in people, to encourage them to stop living paycheck to paycheck and allow them to reach their full potential.  

Coach Legend’s success is due to incredible persistence, charisma and sincere desire to help people succeed. His laser-like focus, years of diligent work and ongoing self-development, along with total dedication have resulted in an evidenced strong leadership that delivered massive and excellent benefits to all ethnic groups, especially in his Haitian community 

“My mentors were instrumental in helping me create a seven plus figure business and I would advise anyone who is looking to become an entrepreneur, create multiple streams of income or start a business to create a tight group of mentors you can rely on,” he emphasized. 

There’s no question that Coach Legend’s is a force to be reckoned with. His charismatic & powerful presence will leave anyone intrigued to learn from him. 

Whether you find him on instagram engaging with his hundreds of thousands of followers or doing a speaking engagement in front of thousands, his mission is always the same: To help people break through the barriers that he once faced too, and most importantly, come out winning at the end.

To find more information about Coach Legend and his business, follow him on instagram here

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The Disrupt Podcast tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real life experience. This Podcast is designed to give them a taste of that.

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